3 Super Tips For Using Your Free Forex Chart

The foreign exchange market is a great way to make money from home. Unless you intend to gamble (and lose), the usage of forex charts can be very important to making good trading decisions. Although there are other forex trading strategies available, a large number of currency traders use charts as their basis to decide the right time to buy and sell. These charts indicate the currency prices and the trend – whether they are going up or down.

Although there are various charting software available, you can often take advantage of a free forex chart that you will automatically receive access to once you open a trading account with most good brokers. Charts are also available with a forex demo account. Let’s take a look at some of the uses from your free forex chart.

Practice

A free forex chart is a great tool for practice. That is why good brokers often offer such charts with a forex demo account. You can make use of these charts when going through a forex trading course and practicing new trading strategies. This will help you to make good trading decisions and earn more profit in a real trading scenario. This is the reason that many traders stress on the accuracy of these charts. Practicing on an inaccurate chart can ruin your chances of profit in a live environment. So, make sure that the free charting software that you are entitled to is accurate enough to help you get the desired practice.

Technical Analysis

The majority of traders make use of their free charting application for technical analysis which means making trading decisions based on the currency prices reflected on the charts. Most free charts have their prices updated automatically and you will know as soon as there is a change in the figures. This is the reason that the accuracy of a forex chart is so much stressed by many professionals. Remember, one wrong update can damage your trading decision.

Fundamental Analysis

There are traders who use the graphs and charts provided in a free forex chart to understand the economical or political mechanisms influencing such changes. Even here, accuracy of charts is very important. Wrong figures may force one to reach wrong conclusions. Keep in mind that even a free forex chart should have the option of multiple time frames which you should be able to set according to your needs.

Chore Charts Don’t Work

Have you ever tried to improve something around your home using a chore chart or similar device?

For example, have you ever gotten exasperated at one (or all) of your children for not helping out around the house and decided to post a chore schedule to remedy the situation?

And did that scenario work out for you?

If you’re like many, many parents, the answer is a loud “NO”. For a few of you, the answer is a firm “yes.”

What’s the difference?

The difference lies in understanding where the power is. The power, in this case, is not in the chore chart. Chore charts are just pieces of paper. All by themselves, they don’t work. They are only a simple tool. The power is in knowing how to use the tool.

Let me offer an example to help make this whole idea clearer for you.

Let’s say you decided to build a house. You assembled your tools. Hammers, screwdrivers, nails, wood, etc. You carefully organized your tools and showed your work crew where to find the tools. You said firmly, “Now, I expect our new house to be done by the time I get back from work.”

You left. Your workers looked at each other. One of them asked “anyone know how to build a house?” No one answered THAT question, but there was a brief discussion how the boss (mom or dad) doesn’t get it (again). Everyone left to pursue their own interests.

End result: no house built. Boss mad. Workers frustrated and apathetic.

Hmmm.

Now let’s put power in that scenario.

Again, you decide to build a house. You assemble and organize your tools. But this time you understand you’ve just gotten started.

You talk to your workers. You tell them they’re going to build a house and you’re going to show them how. It will be work, but it will be a rewarding process, too.

You set up a reasonable training schedule. You work together to create a sense of teamwork. Progress is slow, but steady and real.

You point out how to better use the tools to your workers. They develop a level of skill with the tools. They also develop a sense of pride in their accomplishment. You reward them. Everyone celebrates. The house still has a ways to go, but it’s starting to look like a real house.

People are working together. No nagging is necessary and fussing is at a minimum. Workers feel free to bring their input to the process, adjustments are made to the schedule and new tools are brought on board when necessary.

Hmmm.

Successfully using chore charts in your home is very similar. Chore charts never work by themselves, but they almost always work when combined with the proper training and support. They are a fine tool for teaching yourself and your family the merits of personal responsibility, self-discipline, and teamwork. (If you would like more tips on using a chore chart effectively, please see the author’s resource box after this article.)

Make sure you understand where your power is, mom or dad. Arm yourself with EVERYTHING you need to get the job done in your home and you’ll find your household running smoother by the day.

Printable Kids Charts – 5 Ways to Make Them Fun (and Get Them Used)

Let’s face it. If your child is ignoring the printable kids charts you’ve posted around your home, then you are probably nagging more than you want, the chores still aren’t done and, worst of all, your child is not cooperating the way you would like.

Kids charts are an incredibly helpful tool when it comes to parenting (I have four kids and use free printable charts extensively) but if those same charts are b-o-r-i-n-g you have a better chance of winning the lottery than getting the chores done by your kids.

The good news is there are some simple ways to put fun into chore chart usage. Here are my top 5 favorite ways to do just that.

1. Jazz ’em up.

There are plenty of free printable kids charts online and while you can easily print out bright and colorful ones, I’ve found that my kids would rather decorate the charts themselves. Not only is this activity fun, but it leads to ownership of the chart (and the chores on it).

Discuss the importance of doing a good job at any assigned task while your kids are preparing their chore charts. They have responsibilities at school and they have responsibilities at home, too. Talk about your own responsibilities and how you are glad to contribute. Passing this message along to your children is crucial.

2. Talk ’em up.

Make those charts a source of pride. Add little notes of encouragement to a child’s chart and the odds go up he will want to use his chart and get noticed again.

You might think that only little kids will respond to this type of praise, but I’ve found that my older kids are craving positive feedback and when I go out of my way to give it to them (like a little note on a chore chart), they are encouraged to look for even more ways to please me.

3. Make it a party!

Want to really see your kids’ chart usage explode? Start a weekly party night designed to celebrate your children’s handling of their responsibilities well. This doesn’t need to be elaborate to be useful and fun. Play some fun (or silly) music, give small prizes for chore competitions (see more on this below), play family games and have fun food to celebrate a successful week of chores.

What this actually does is start the great habit of a weekly family night. Keep it fun and as your kids grow they will want to invite their friends to this weekly celebration of your family. You will find your relationships with your children enhanced and strengthened, not to mention chores being done at the speed of light because everyone is well trained and good habits are firmly established.

4. Swap and get’em done.

Once you set up a written chore chart, one common complaint is usually the lack of variety. One fun way to handle this is to let each family member swap a (similar) chore with another family member for the week.

For some reason, knowing you’re doing someone else’s chore and they are doing yours is often more appealing (I’ve never been able to figure this one out, but I’ve seen it be true many times).

5. Who can do the best?

Healthy competition between your kids or your child and yourself can be a fun addition to a dreary chore chart.

Set a timer for fifteen minutes each day and watch everyone race to get their chores done. Let your kids judge each other’s jobs – effectively critiquing each other. Give out small prizes weekly or monthly for whoever does their chores fastest – best – cheerfully – or comes up with suggestions on making the chores go smoother for everyone.

Toss boring out the door and make your free printable kids charts fun again! These ideas are easy to set up and most take only minutes to do, yet the payback can be substantial.

After all, the real use of charts of any kind in a home is to teach healthy habits that will last a lifetime.