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I dont know whether it's the right place to post but I use FXCM TradeStation for Forex and apparently on some random day, my theme changed only action buttons and it's font color and its been very irritating.
Please check the image for what I am referring to. I use the XP Style theme and I tried to modify the font color in the action buttons but I did not find a way to do it.
Please let me know if anyone has any solution.
Try changing to another Trading Station skin. Go to System > Options > Skins. Then select [No skin] on the right hand side and click OK. See if the new colors are to your liking. If not, you can test the other skins including XP Style Theme to see if it will reload properly for you.
If you have questions about our services at FXCM please send me a Private Message.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,386
Thanks Received: 10,206
That only seems to show the last 10 days. I was hoping to get 1 but ideally 3-10 years worth?
Also what happens if you execute trades in two pairs that involve the same currency? Does your account show the new exotic pair or does it still show the two pairs you actually executed? eq If I sell GBP/USD and I sell USD/JPY, will my account show those two positions or will it show that I have sold GBP/JPY?
While we have such historical data going back over 10 years for forex prices, we don't have a similar history for rollover rates at this time. However, I've passed your request onto our developers. I can let you know should such a feature become available in the future.
You would see two separate positions -- one for GBP/USD and one for USD/JPY -- and there is an important reason for this.
If you sell 100k GBP/USD and sell 100k USD/JPY, that is not equivalent to selling 100k GBP/JPY.
For the purpose of this example, I will use the exchange rates for these pairs at the time I write this post:
If you sell 100k GBP/USD, you are short 100,000 GBP and long 143,730 USD. If you short 100k USD/JPY, you are short 100,000 USD and long 10,976,000 JPY.
But if you sell 100k GBP/JPY, you are short 100,000 GBP and long 15,776,800 JPY.
As you can see, the combination of the first two positions is not equivalent to the third position, even at the time they are opened, because the base currency (the currency on the right) is different for each pair. It's important to note your trade size is fixed in terms of the base currency for each pair, but the amount of counter currency (the currency on the right), changes with each move in the exchange rate.
Therefore, it's better to manage the GBP/USD and USD/JPY trades separately. That said, if you goal is to trade all three pairs against each other, you can keep the trade sizes relatively similar (but not exactly the same) if you adjust your USD/JPY trade size with the current GBP/USD exchange rate in mind.
For example, I could sell 100k GBP/JPY and sell 144k USD/JPY. That would be almost though not exactly the same, as being short 100k GBP/JPY. Therefore, you could be short 100k GBP/JPY and short 144k USD/JPY be mostly hedged by buying 100k GBP/JPY if that was your goal.
If you have questions about our services at FXCM please send me a Private Message.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,386
Thanks Received: 10,206
Sorry that was a terrible example by me, I should have known better, I must admit I'm a futures trader not a forex trader.
A better example would have been
What happens if you execute trades in two pairs that involve the same currency? Does your account show the new combined pair or does it still show the two pairs you actually executed? eg If I sell GBP/AUD and I buy GBP/CHF, will my account show those two positions or will it show that I have bought AUD/CHF?
I suppose the extension of this is what happens if I then sell AUD/CHF to close the position (I did say I'm a futures trader). Will it close the position or will it leave me with 3 positions with virtually no risk?
Looking at the roll rates EUR/CZK is negative whether you buy or sell. Is that possible or is there an error somewhere?
Finally if I buy 100k EURGBP @0.79 and sell it @0.80 I have a profit of GBP 1000. Will my account show the GBP profit or will that somehow get converted to me account currency (As an American USD I assume)
Your GBP/AUD and GBP/CHF would remain separate from distinct from each other. Otherwise, risk management could be a challenge. (Imagine having to worry about where to set your stop on AUD/CHF when you never entered a trade in that pair?)
If you sold AUD/CHF, it would open a separate and distinct AUD/CHF pair for you. Again, the alternative would be difficult, because it's unlikely that the amount of AUD and CHF exposure you had in your GBP/AUD and GBP/CHF trades would result in a neat round number that could be offset with an AUD/CHF trade.
This is not an error. It has to do with two factors.
The first is the fact that there is a spread on interest rates just like there is with prices. The FOMC's target fed funds rate is 0.25-0.50% but in order to make a profit banks charge more interest than this on loans and pay less than this on deposits. In fact, many US checking accounts pay no interest at all.
The second factor is how much central banks have lowered interest rates. The Bank of Japan even set negative interest rates. When you factor in the markup on interest rates (known as a haircut) which means you are charged a higher interest rate on money you borrow than you earn on money you lend, when rates are close to zero, you can end up paying interest on both sides.
We convert your GBP-based profit into USD in real time and with no spread cost. That's means it's as easy to trade GBP/JPY in your account as it is to trade GBP/USD.
In fact, you can see the value of a pip for each currency pair in the Pip Cost column of the Simple Dealing Rates window, and the Pip Cost field below the Spread in the Advanced Dealing Rates window on Trading Station.
If you have questions about our services at FXCM please send me a Private Message.
