Thread: How do I trade from charts?

How do I trade from charts?

Placing orders from the Marketscope 2.0 charts has never been easier.

To place market orders from the charts, follow these simple steps:

Step 1: Right click inside the Market Scope chart and select Create Market Order.

Step 2: The Create Market Order window will appear. Verify the Symbol, Sell/Buy, and Amount for the order and click OK.

Step 3: Once the order is executed, the open position will display on the Market Scope charts for convenient position management.

Do you have other charting questions?

Many traders find that a 5-10 minute introduction to the features of the Trading Station II platform saves them time and allows them to get fast answers. A trading specialist can contact you at a scheduled time to show you the different changes you can make to the Marketscope Charts and answer any questions you may have. Click Here to Chat Now and we can schedule a call when convenient for you!

If you have other Market scope questions, then please post your question and we will reply with an answer!

Hi FXCM,

I have downloaded your Trading Station II demo last week.
I have read the "Marketscope Trading from Charts Userguide" and watched the "Trading from the Charts video".

But I can not place stop and limit orders that are attached to an entry order by right-clicking on the label as instructed.

There are no “Add Stop Order” and “Add Limit Order” commands (as shown on screen in the video) on the screen appeared after right licking. There are also no such commands in the menu bar.

Please teach me how to place the two orders-STOP and LIMIT orders- right after placing an entry order using chart.

Thank you.

Loc Nguyen

Hello Loc,

Thank you for posting on the Online Support Forums. I am happy to assist you with your Inquiry.

"Please teach me how to place the two orders-STOP and LIMIT orders- right after placing an entry order using chart."

From your description above, it seems like you may be trading on a US account. If this is a demo account and you are not a resident of the United States you may set up a new UK demo by going to this link:
FXCM UK Demo

From your new FXCM UK demo you will be able to place stops and limits from the charts as you had requested. as and additional resource, please click here to view a visual step by step guide on placing trades from the charts.

I would like to have one of our platform specialists contact you to assist you with getting familiar with the platform, if that is something you may be interested in please email me directly and I will be happy to assist.

Furthermore I was wondering what tools you use to determine when you where you want to set your stops and limits. I ask only because we have many helpful resources that may help you determine the optimal levels.

Please feel free to post here on the forum, or email me regarding your inquiry.

Hello Yosef,

I've installed the UK demo and just have a quick look at the demo. Excellent! Thank you for your quick reply.

I am learning trading forex using MT4 demo. Last week I happened to know about your micro account and Trade Station 2.
I am very happy after watching your video teaching how to place stop and limit orders attached to an entry order.

The method I am learning is trading breakouts in the direction of the tradable trend using 4H-1H-15M charts. To identify entry levels for a position, I use support/resistance zones, price patterns.

Thank you for your suggestion. I am contacting you when I have trouble with the platform.

I think I will apply for a micro account with FXCM UK when I know how to use the Trade Station 2 and Marketscope.

Thanks again for your help.
Loc Nguyen

Thank you for your post Loc Nguyen!

I am glad you found Yosef’s post helpful, and I’d like to provide some other resources that you may be interested in. We do provide Pivot Points right on our website, 4 different kinds, on 4 different timeframes. Here is an example of one:



You can click here to be directed to the page.

Thank you again for your post, and if you have further questions, please let us know!

Hi Josef,

Thank you for the helpful page and I will ask for your help in the future.
I wish you a happy new year.

Loc