My chart analysis environment [Fudou Shutaro]

If you can gather a lot of information that moves the exchange rate and master chart analysis methods that make it easier to predict price movements, forex trading becomes easier to win. The optimal chart analysis environment for that varies depending on equipment and circumstances. Here, Shutarō Fudō will introduce practical examples for you.

Shutarō Fudō (Fudō Shūtarō) Profile

FX instructor and author. He has released seminar DVDs and interview CDs from publishers. In addition to giving lectures at financial exchanges, securities exchanges, FX brokers, and mutual fund companies, he also writes for magazines and serves as a school lecturer for FX and stocks.

Official site：Shutarō Fudō’s “Behind the News Coverage”
twitter：https://twitter.com/syutaro_fudo

What equipment do you need for chart analysis?

In order to predict forex markets, knowledge of charts and technical analysis is indispensable, but in addition, it is important to develop a habit of continuously watching the charts. After spending a certain amount of time getting used to the market, you will gradually be able to read the market.

Mobile devices like smartphones, tablets, and laptops are very convenient because you can trade on the go. I use two smartphones and a laptop, plus a desktop PC at home. To trade FX with peace of mind, if possible, own multiple devices like this and create an environment where you can continue currency trading even if your smartphones or other devices fail or are lost.

By the way, when trading multiple currency pairs, you want to view as many charts and news as possible. If you’re making such trades, I recommend using multiple monitors at the office or at home so you can display a lot of charts.