Trading the News with FX Engines

June 6, 2006 by Trader Rich

I figured that it would be to everyone's benefit if I opened an FXCM account through FX Engines to try out their "Trading the News" Engines. My account was activated today and to be very conservative, I threw $1000 into a mini-account that I'll use to try it out. The whole process was relatively quick and easy.

Let me sum up what FX Engines will allow me to do during major news releases. Before the news release, I would place orders using the Engine for the specific news release. Each release requires at least 2 orders, 1 short and 1 long.

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