LIVE INDEX CHARTS.
EUR USD - Live Forex Chart. There is a menu at the top of this EURUSD chart which allows you to change settings. You can try various timeframes, change the view to lines, bars or candlesticks and add trend lines or fibonacci rretracements using the drawing tools. Foreign Exchange - EUR rate. Above are live forex quotes for the price of the Euro versus other Currencies. The latest EUR rate is shown in the table crossed against the most popular currencies, a selection of which include the Euro, U.S Dollar, Swiss Franc and Japanese Yen.
All currency crosses exist in both direction How to find reverse crosses. You can display the asset rates in 22 different time frames: How to select the time frame. On our forex charts you can display historic data of periods minutes, hours or days , a valuable data you get for free here! You can use this history to make price behavior studies.
How to show more historic data? Use the zoom-out option. How to zoom out. How to select technical indicators. How to change the diagram type. Heikin Ashi graph helps you detect trend - a feature you will only find on professional platforms. The Heikin-Ashi technique helps you identify a trend more easily and detect trading opportunities.
Also you can use our Forecast Poll. This forex plot type is not considered to be valid to take positions but rather to perform a follow-up of your trading positions. How to change your board into Heikin Ashi. With Equivolume, you can plot price and volume activity on a single graph, instead of having volume added as an indicator on the side. This tool draws the bars following their traded volume at a precise point in time the wider the bar, the bigger the volume.
A very handy feature for those strategies whose key factor is volume. How to change your table into Equivolume. You have plenty of options to draw on your graph, from lines including trend channels to arrows , going through rectangles, circles and much more.
Another available option to benefit from is the one that allows to configure the color of each of the drawing you put on the board, as well as the line weight thin, regular or bold. How to draw on your diagram. Establish profitable opportunities and swing possibilities with it. How to add Andrew Pitchfork. Map out the magnitude of price moves with Retracements and Arcs.
These tools let you draw studies about the possible developments of a price based on its previous move. It can be calculated following different mathematical concepts Fibonacci, Gann…. While retracements are concerned with just the magnitude of moves, Arcs factor both magnitude and time, offering areas of future support or resistance that will move as time progresses. How to add Retracements and Arcs. Determine trend direction with Linear Regression lines: How to add Regression lines. We offer a tool to compare graphs so you can analyze the price history of two assets and analyze relative performance over a period of time.
The graph of both assets will be displayed in the same table, with the percentage of deviation in the left vertical axis. The starting point of both lines is zero. You can edit the color and weight of each currency. How to compare assets. Our platform integrates two tools that automatically generate signals that highlight patterns on your diagram as soon as they occur. Our Interactive plot offers you indicators to detect patterns on Japanese Candlesticks see the list of Candlestick Patterns below.
This tool is very useful to get an immediate notification being displayed as soon as the pattern occurs. The Japanese candlestick theory establishes a series of patterns which are statistically previous to potential change or interruption of trends, a turning point in a current trend, etc.
Forex profit signals service providers send you alerts when the conditions are right for the trade. They use cutting-edge technology which constantly monitor all major currency pairs for generating technical indicators. Forex signal generators produce Forex signals which are indicators of ideal trading opportunities. These are certain algorithmic patterns which have been evident in successful Forex trades throughout the years. One can look at Forex signals as triggers of commands which allow the automated system to function.
How to Receive Forex Signals: Forex signal services are available to provide signals to you around the clock. These services often charge a monthly or yearly subscription fee for their services. The methods used to deliver the Forex signals to you can vary from one service to the next. Signals can be sent through email alerts, to your phone or cell phone, through your pager, or even through a pop-up software system that will show a screen on your computer each time a signal is sent.
The services also vary in how they present information to you. Some will provide live charts to give you more insight as to what as happening in the market. Time frame for which the Forex trading signals are generated is equally important. Few trading signals can be valid only for a few minutes or an hour; others may have recommendations that are valid for a day or more. If the Forex trading signal providers generate signals for shorter time frame, you need to monitor the market frequently.
Some Forex signal service providers offer add-on services like email or mobile alerts. The service provider should have end-to-end technical support for the customers. Forex signal providers render Forex business quite a bit easy for traders, especially those who are relatively new in the business. In manual signal generation system a simple trade signal is provided by the single provider.
Initially Forex signals and alerts used to come in the form of telephone calls and facsimiles. Now as we have stepped into the era of information revolution which has brought forth amazingly advanced digital technology, Forex signals and alerts generation and provision system has also advanced and become much more sophisticated and quick. Now these alerts come in the form of e-mails, SMS Short Message Service, a way of sending text messages to mobile devices , or desktop software.
However with trading Forex signals, there is no such chance to over trade your account. It is absolutely possible to learn the mental aspects of trading, by following a set of rules, and not to deviate from those rules.
Many trading Forex signals provide you with a complete set of instructions in order to take the trade. Frequently the signal will have multiple exits, which enable a trader to take money off the table in small steps. So this enables the currency trader to input all of these prices into his trading platform when he gets the signals, and then to switch off the computer.
As for any purchase, it is essential that the Forex trader first does his research into the more effective trading Forex signal service for him or her. This involves a lot of careful research, and reading various reviews and testimonials of the service in question. Before I go, in conclusion, the trader is strongly advised to practice using the trading Forex signals on a demo account first, so that the Forex trader can totally test out the profitability of the signals.
This has an supplementary benefit for a complete new, as it will enable the currency trader to become familiar with the trading platform, and reduce the possibility of making any mistakes. Whenever possible, go for a free demo account and then try your forex signals for a few days before becoming a paid member. Forex trading does involve some planning and strategy building so be prepared for a steep learning curve before trading with real money!
This market is BIG! The New York Stock Exchange has a daily volume of approximately 50 billion dollars. It operates through an electronic network of people, banks and companies that specialize in trading one currency for another.
Almost all FOREX trades are executed on the internet by someone sitting at a computer with a high-speed connection. The Only 24 Hour Financial Market In The Whole World Because the FOREX does not have a physical location or a central exchange, it is able to operate on a 24 hour basis leapfrogging from one time zone to another across the major financial centers of the world.
The FOREX market actually follows the sun around the globe… because… as one country is closing for the day, another is just opening up. This market is open 24 hours a day, six days a week from 5: This 24 hour access combined with its huge trading volume makes this…. This market has virtually no gaps whatsoever and your stop-loss orders are almost guaranteed. Can you imagine that? The multi-trillion dollar liquidity, combined with hour trading access virtually guarantees your stop-loss orders will be executed without slippage.
The stock, futures and options markets cannot offer you this guarantee because the limited trading hours create frequent gap opens. Nearly all Forex brokers make sure their hours of operation coincide with the hours of operation of the global FOREX market.
Oh, yeah, no one can corner the market. The FOREX market is so huge and has so many global participants that no single individual nor entity… not even a central bank… can control the market for any significant period of time. Because of the vast size of the global FOREX market and its non-centralized nature, there is no chance whatsoever for disruptions caused by insider trading.
Best of all forex can never become zero but stocks can become zero and majority of the options expire worthless. There are no commissions. Yep, you read it right. No exchange fees, no closing fees, no government fees, no brokerage fees. This all adds up to a very low retail transaction cost. If you select your broker properly, your round-trip transaction cost could be as low as.
And know this, a very desirable by-product of extremely high liquidity is almost instantaneous transactions executed with blinding speed. You can leverage your trades by a factor of 50 to 1, to 1 and even to 1. Not only that, you can trade with a very low margin with relative safety compared to the disastrous potential of margin trading found in other financial markets.
Also it is tax free income if the country you reside has no capital gain tax. And finally, if you get really great at currency trading, your potential financial reward is so big it can make your head swim! As an experienced researcher, my idea is to learn and share everything I can with my readers. Stay tuned for more business, travel and career ideas as I love to write about this subjects and more….
My ultimate purpose is to help you live the life that you deserve.
The first type of Forex signal provider will just send out trade alerts by email, often daily, sometimes at several intervals throughout the day.
How to select the time frame.