Forex portal FXstreet launches a new service for traders: a live trading room that will operate 4 hours on every weekday: between 13:00 to 17:00 GMT.
Veteran analysts and trader Dale Pinkert will run the room and the aim is to have a close relationship between experts and traders, similar to the atmosphere at FXstreet’s International Traders’ Conference events.
For more details, here is the blog post announcing this launch and the official press release is below:
Barcelona, May 31st, 2013 — FXstreet.com is excited to present its Live Analysis Room, a new free service that offers Forex traders assistance, market analysis and strategies in real time on a daily basis.
Starting June 3rd, every weekday from 13 GMT to 17 GMT, 20 hours per week, trader and analyst Dale Pinkert will provide mentorship assistance on live market helping to improve the traders’ performance. In addition, traders will collaborate to create successful strategies and to build each other as profitable market players. To close the circle, guest speakers will join the room to provide users with new insights.
Through the video streaming service Ustream, the mentor of the room will broadcast his charts and webcam, as well as his guests’. Traders will be able to interact through a chat window that everyone will follow.
“Interaction and equal relationship between experts and traders is a core concept of the service”, says Carolina May, CEO of Fxstreet.com. “I believe the Live Analysis Room will be an amazing place for everyone to grow and become better and more educated traders. Live assistance, market commentaries and constant learning are key ingredients for it.”
With almost 40 years of experience, Dale Pinkert got his start in the trading business as a runner on the floor of the Chicago Mercantile Exchange (IOM Division) in 1975. In 1976 he became a licensed series 3 broker and went on to own and operate Pinkert Commodities. His forecasts and perspectives have been seen and heard in the last 35 years on radio and television stations such as CNBC, Kwhy TV and Channel 26 in Chicago along with Kmny Money Radio, Kceo and KFNN. He is a regular contributor on FXstreet.com since 2010. His trading performance is up 50% annualized since July 2011.
The Live Analysis Room will be sponsored by OANDA, market maker and trusted source for currency data. It has access to one of the world’s largest historical, high frequency, filtered currency databases. OANDA uses innovative computer and financial technology to provide Internet-based forex trading and currency information services to everyone.
When looking at the markets and discussing possible trades, Dale Pinkert will use OANDA’s fxTrade platform. “We are pleased to be sponsoring FXstreet’s new Live Analysis Room”, says K Duker, CEO of OANDA. “It’s premium trader education made widely accessible – something OANDA staunchly supports. We’re pleased to partner with FXstreet to give retail traders greater access to the trading insights and activity of a market pro like Dale Pinkert.”
The schedule of each Live Analysis Room session will be as follows:
13:00 – 14:00 GMT (8–9 EST) Opening Bell segment Review overnight movements and their implications
14:00 – 15:00 GMT (9–10h EST) Brainstorm, Mastermind Hour Students and traders share ideas, methodologies and setups.
15:10 – 16:00 GMT (10–11 EST) Guest analysts give their take on market direction and forecasts
16:00 – 17:00 GMT (11–12 EST) Wrap up the day with unfolding scenarios. Preparing for the US session closing bell and for Asian and European sessions
The Live Analysis Room will be hosted on this pageGet the 5 most predictable currency pairs