Guide to Trading Forex Using Charting Tools from City Index Asia

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March 21, 2012
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Guide to Trading Forex Using Charting Tools from City Index Asia

SINGAPORE, March 22, 2012/PRNewswire/ --

    Trading forex [http://www.cityindex.com.sg/fx-trading ] is a popular choice for a wide
range of traders both new and experienced; foreign exchange provides attractive
opportunities to traders even in times of market volatility.

    Foreign exchange is one of the most popularly traded financial products; with an
average volume of USD 4 trillion per day.

    Through City Index Asia, traders can benefit from tight fixed spreads on 28 of the
most popular forex pairs and access a range of downloadable, web and chart based trading
platforms, enabling quick and efficient trading.

    Here we look at how traders choosing to trade forex with City Index Asia
[http://www.cityindex.com.sg/fx-trading ] use FX Accucharts to help improve their trading
potential.

    Charting Tools

    City Index Asia offer a range of professional trading platforms from which their forex
traders can benefit.

    FX Accucharts is one of these leading platforms, providing traders with the
convenience of rapid and accurate analysis, whilst benefiting from professional features
such as real-time price feeds and multiple time frame analysis to uncover potential future
market directions.

    Key features of FX Accucharts include:

   
    - Over 150 indicators/oscillator variations
    - Customizable charts to fit your individual preferences
    - Personalized chart analysis and indicators
    - Ability to save and share customized workspaces with other FX Trader account
      holders
    - Audible price alerts

    Traders are also able to map points of support and resistance, visually; with the aim
of identifying trends and uncovering potential future market directions.

    Additional features include:

   
    - Professional quality drawing tools
    - Visually map fully customisable pivot points
    - Plot Fibonacci Projections to measure and interpret price movements

    Download Accucharts

    To access FX Accucharts, you will need to either have a City Index Asia live or demo
trading account.

    A demo forex trading account
[http://www.cityindex.com.sg/learn-to-trade/demo-account.aspx ] will allow you to both
familiarise and practice trading forex using a professional trading platform and virtual
cash balance; all at no risk to your capital.

    Alternatively, if you want to learn more about foreign exchange, and open a forex
trading account with City Index Asia, you can view more information and apply here:
http://www.cityindex.com.sg/fx-trading/start-trading-fx.aspx.

    Once you have either a demo or live forex trading account, it's simple to access your
FX Accucharts software.

    Simply download, install and follow the instructions on the installation window; there
you are able to log in directly to your demo or live forex trading account using your
username and password.

    Summary

    Trading forex and CFDs [http://www.cityindex.com.sg/fx-trading ] on margin carries a
high level of risk, which may not be suitable for some investors.

    Always consider your investment objectives, level of experience, financial resources,
risk appetite and other relevant circumstances carefully.

    The possibility exists that you could lose some or all of your investments, including
your initial deposits.

    About City Index:

    Today more and more individual traders are discovering the benefits of derivatives,
and many of them are discovering them through a City Index trading platform.

    City Index is a leading global provider of margined foreign exchange, CFD trading and
in the UK, spread betting. As a group, we transact in excess of 1.5 million trades every
month for individuals in over 50 countries worldwide. To learn more visit:
http://www.cityindex.com.sg

Source: City Index Asia

Contact: Joshua Raymond, City Index, +44(0)20-7107-7002, joshua.raymond@cityindex.co.uk

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