Real Time Forex Chart – Beats the best Dynamic Stock Market Content!

This article provides the best hints, tips and info on real time forex chart, including advice on Free Forex Charts and Forex Charting Software.

What is a Real Time Forex Chart?

When trading currencies within the foreign exchange market, this type of chart is invaluable. You need up-to-the-minute information to make educated decisions about when to enter or exit a trade. A forex chart in real time will provide this.

Free Forex Charts

There are a number of free forex charts out there that display foreign exchange market information in real time. I prefer Dealbooks 360, provided by Global Forex Trading (GFT). You can sign up for a free forex demo account and trade risk-free to practice your skills.

Forex Charting Software

I use the forex charting software mentioned above (Dealbooks 360). I prefer candlestick charts, but you can set your layout to give you a line graph or column graph if you wish. Candlesticks are essential to my own forex trade system.

How to Read Forex Charts

Forex charts can show you price movements within the last year, month, day, hour, 30-minute, 15-minute or 5-minute period. In fact, a good Forex charting system should allow you to view whatever time period you wish. Every Forex chart will have a horizontal and vertical axis. The horizontal axis shows you time and the vertical axis will show you price movements.

Forex Platforms

You can basically go three ways when deciding on a Forex platform. You can choose a manual system where you watch the market and personally identify a trading opportunity. There are platforms where you program your own trading signals. And lastly, there are software “forex robots” that do all the analysis, identify the trade and enter it for you (no thinking required!). I prefer the manual system.

Leave Real Time Forex Chart and return to Forex Charting Software

Return to Forex-Trading-Beginner Homepage