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Using live forex trading charts is one of the best methods available in the market which will help you to become successful in trading. These charts are widely used by traders for supporting and helping them in trading.

Free of cost real time forex charts are widely available, thanks to the popularity of FX Trading. Trading in foreign exchange currencies (commonly known as FX or Forex) is accessible to the individual trader, as long as he has a fast internet connection.

A Forex Trader buys and sells a currency pair using online Forex brokers and systems such as Metatrader MT4. They buy and sell in hopes of making a profit from either direction. While a FX trader can make money when a currency pair rises, they can also make money when if falls if their initial order was to sell. There are always two different currencies involved in a trade (thus the currency pair) because when you buy for example Euros, you must have another currency in order to make the exchange.

The currency market is a sea of opportunities a trader can take advantage of. There a different proved systems to make funds-trading currency. Good currency traders know how to conduct business even in unfavorable market conditions.

If you’ve ever heard your forex trader or anyone in the finance department talk about “counter currencies”, “majors” or even more specifically “EUR/USD” pairs then it is quite likely that they are talking in forex speak about currency pairs. In this article we have a brief look at the formulation of a currency pair, how they are used and the most widely used currency pairs.

Aside from indicators, you should use another equally helpful tool in forex trading. Options will represent a world of difference when used intelligently.

What is the secret of Forex trading success? The answer can be found if you study the way the super traders trade the markets. These traders don’t work hard, many have no formal education but they make big gains and the reason they do is they all share common traits which you need to learn to enjoy currency trading success, lets take a look at them.

Forex technical analysis is a great way to trade currencies because its easy to learn and apply and you learn quickly, you don’t need to follow the news or know anything about the economy, you can simply follow price action and lock into trends and run them for big profits but how do you do this? Let’s take a look at Forex technical analysis in more detail.