Wed, Feb 18 2009, 15:52 GMT


Forex Club is proud to announce the launch of Autochartist's service for its customers. Autochartist is a chart analysis service that automatically identifies market patterns as they take shape in real-time and signals emerging trends to the trader, allowing him or her to make more savvy trading decisions.

The pattern service recognizes patterns such as channels, head-and-shoulders, triangles, and wedges. It scrutinizes the major markets in real time and identifies emerging as well as complete patterns, offering traders targeted price sections on probable price movements which are adjusted according to the quality of patterns. Traders are alerted to patterns in real-time according to their search criteria.

Autochartist technology is based on proven technical chart patterns recognition methods and runs upon innovative web-based technology developed by Autochartist.com, a trusted name in automated technical analysis technology.

Michael Felice, the President of Forex Club, says: "We are very excited to offer this new feature. We have always placed significant emphasis on delivering insightful educational products about the markets to our customers. With this new product and our partnership with Autochartist.com, we aim to enhance our customers' trading foresight."

Ilan Azbel, CEO of Autochartist, says: "We are very excited about this partnership. Forex Club is an established retail forex industry provider known for its low entry barriers and innovative trading solutions. This means broader reach for the Autochartist service."