Forex Charting Software Looks Like A Winner 

by Robert Key Tuesday, May 10, 2011
Range Bar Charting has been introduced to the forex industry by TradingFX. They are becoming the innovators in pure price charting technology and leaders in the industry. They offer a simple to use yet highly advanced forex trading software program. A range of advantages are offered to forex traders whether they are beginners or experienced investors.

A great deal of assistance is provided by Trading FX (see Live Trading Room in their long term investing results. This includes hands on training.

Their unique strategies together with their revolutionary TradingFX Charts, Traders First Training program and institutional-grade direct access trade system all contribute to give forex traders the guidance, support and equipment to trade confidently.

Online forex is a world where traders face many decisions and choosing an online forex trading firm is crucial. TradingFX's USDX (modified US Dollar Index) has been refined over a period to yield a feel of the US Dollar's strength or weakness against other currencies. This provides a clear benefit to the trader. The leading edge Forex charting software by FX Trading is based upon showing pure price movement instead of the standard time-frame based charting formula. This technology allows traders to track currency pairs in specific price ranges which then creates a consistent chart view.

Forex investors can readily place trades where both currencies are moving in the desired direction of their trade by tracking the pairs with the greatest potential and momentum. However, an inexperienced trader should be cautious until they are equipped with the proper skill and should remember that it is impossible for any person or system to ensure that all trades are winners.

Additional features of TradingFX include:

* Standard Time Based Charts
* Forex Range Bar Charts
* Point & Figure Charts
* Kagi and Renko Charts
* Currency Strength Index
* Inter-bank Trade Execution System
* 24/5 On-line Live Trading Room
* Trader Training System
* Active Trade Calls made during live trade sessions

Online forex investors and traders, whether they have many years of trading experience or are new to the forex trading industry, can learn more about it at Live Trading Room.

General | Categories: financial
0    submitted by Robert Key
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