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3 Charting Tricks Every Trader Should Know

3 Charting Tricks Everyone Should Know. Trading is rewarding, there’s no question about it. The satisfaction you’ll find from making a good trade, watching your investments grow and learning to trust your decision-making skills is enormous. But the technical...

Can Anyone Become a Trader

Can Anyone Be a Trader? The short answer: Yes, anyone can be a trader. But that doesn’t mean everyone should be a trader, or that everyone has the strengths it takes to stay in the game for the long haul. It’s important to do some introspection before making your...

Trading Room Community Rules

SmartTrader Trading Rooms are designed to provide an interactive outlet for traders to connect with others around the globe, share ideas, and learn trading strategies, market opportunities and more. It’s important to us that a safe space is maintained for you and...

SmartTrader Announces New CTO

SmartTrader announced today that Ryan Ruscett has joined the company as Chief Technology Officer (CTO). As CTO, Ruscett will lead efforts to strengthen SmartTrader’s technology focus and accelerate the cloud-enabled SaaS charting platform and trading solutions....

Trading Your Way

In honor of 26 years changing the lives of traders around the world, your favorite trading experts are sharing unique techniques and strategies for every type of trader at this incredible virtual event! This year's rapid market action has provided a nearly endless...

SmartTrader to Perform Broker Name Service Maintenance

As part of continuing efforts to provide users with a reliable, streamlined experience, SmartTrader will be performing maintenance on the broker name service list starting June 16.

10 Ways to Learn Patience in Trading

We all know that “patience is a virtue,” but that goes double when money’s involved. The market can be a fickle and frustrating place without a long-term vision and strategy, both of which are essential building blocks for patience. The markets may seem like a...

Sharing Trading Ideas

Do you have a new trading idea you want to share with your fellow traders? What if you see an idea that you like and wish you could use it on your charts? You can easily do both!

How Smart Fibs Work in SmartTrader

Did you know that with a click of a mouse, the Smart Fibonacci Tool can provide insight into the current market direction and market swings?

How to Integrate Your Forex Broker Account to Easily Execute Trades

You’re all set up and ready to go…but wait! You haven’t linked your forex trading broker yet.

The Best Forex Charts Add Extra Tools

These days, the best Forex charts include a wide variety of additional tools that allow investors to tease even more information out of the numbers than fundamental charting methods can provide.

For example, top-notch software should include:

  • Autotrend lines 
  • Pattern tools 
  • Back-testing capabilities
  • Automated Fibonacci functionality

Premium charting software also gives people the ability to actually execute trades right from their charts, in the manner professional traders use. That means you can view the charts to carefully analyze a currency pair and then click to make a trade without having to jump to another screen.

This quite often increases accuracy as well, because the point in the charts where it makes the most sense to enter a trade or exit one can be very precise, both for the price and the timing. The faster a trader can execute the plan they intend, the better their chances of maximizing profit. The more time it takes to buy or sell, the less likely it becomes that the price a trader is targeting will still be achievable.

The Best Forex Charts Provide the Right Insight

Ready to maximize your results? Make sure you have the best Forex charts for all your analytical and trading needs. If you’re starting out, you want to find superior charting software before you begin trading — and it’s a good idea to use a demo account to get a feel for things, before trading on real money. 

Even experienced traders might feel like their charts aren’t providing enough information in an efficient way, or realize that they don’t incorporate the tools that are needed to make trading easy and convenient. In either of those cases, it might be time to search for something new.

SmartTrader offers many of the best charting tools available. Anyone who is just setting out on their Forex trading path, or any trader who want to kick their Forex proficiency to the next level, should consider investing in one of the plans SmartTrader offers. Choices range from the free plan that includes 100-plus indicators to the flagship 360Pro plan that includes on-demand Forex education from Market Traders Institute.

RELATED: Forex Charts Can Set the Right Course

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