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Forex signals

Discussion in 'General Trading Forum' started by LorrainMor, Jan 6, 2019.

  1. LorrainMor

    LorrainMor

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    Forex signals are now being exercised by the traders and it is basically the assessment where a trader can take decisions in accordance with his right prices to purchase or sell a currency pair. These observant can help a trader to ensure systematic buying and selling trading strategies. Forex traders are using technical analysis and fundamental analysis to take decisions and analyzing the essential aspects can help the traders here.
     
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  3. Lee Mark

    Lee Mark

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    Please, don’t mind! I have never seen any good signal provider service till now! Almost all of the signal providers are the scammers.
     
  4. Smash Fun

    Smash Fun

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    Educate yourself before even thinking of using a Forex Signal provider. Understand risk management, charts, key drivers in the markets etc.
     
  5. lioneld

    lioneld

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    Have any trader here who has good trading experience on signal service? I am really excited to know!
     
  6. Smash Fun

    Smash Fun

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    Searching or finding signal provider is like finding your losses with yourself. Always trust your self for your work and your trading.
     
  7. Pagaro

    Pagaro

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    Today you can find a lot of signal providers on the Internet. Some of them are free, others are not. But, I would certainly not follow any of them before I make good analysis of at least historical performance. In addition, future performance can be tested on demo account
     
  8. Lee Mark

    Lee Mark

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    Whatever it is; free or paid! Using others trading call is always dangerous! Because, there have only few good traders in Forex!
     
  9. Yerenc

    Yerenc

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    I think that issue is the same with all kinds of social trading or even PAMM accounts. Good traders are just hard to find on a market. Usually, they will not share their trading strategy, as they can trade for themselves. This is why there are many scammers, so traders need to be very careful
     
  10. Smash Fun

    Smash Fun

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    Good traders are never going to have time to advertise them selves because they are busy in their own trading and making profit.
     
  11. MarvelPole

    MarvelPole

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    I think that with forex signals you have 50% chance of making profit. It is the same probability as with your own strategy. The only difference is that you can improve your trading strategy during time, which you cannot do with signals
     
  12. Alicia Lynch

    Alicia Lynch

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    You can learn a lot from Forex Signals. If you trade the signal with your analysis, the results are likely to be much better. I am a little involved in the signal group and I get a lot of rewards from the trading signals there. By doing technical analysis, when I trade in combination with that analysis signal, the profit is much better. And the biggest thing is how they are entering the trade, how they are managing the trade, where they are setting the stop loss. I get a lot of ideas about all these different things.
     
  13. Darragh Bell

    Darragh Bell

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    I think forex signals are very useful for the new traders. but when you become expert in this market, Manual trading will be very effective with the help of signals. but remember one thing, always try to use your brain.
     
  14. Kevin Vogt

    Kevin Vogt

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    Signals is not good if you want to learn the art of trading. It makes you dependent. It reduces your own judgement ability about trading. So if you want to learn trading study a lot.
     
  15. ChoKyuLate

    ChoKyuLate

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    indeed in trading we must be able to determine how trading works by understanding trading signals well, but the most important thing is that traders have a lot about how big the trading volume is in the market so that traders can easily place their trading orders, such as using the facilities provided by the FreshForex broker for trader
     
  16. Alicia Lynch

    Alicia Lynch

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    Forex signals should not be used only for profit in trading. There is a lot to learn from this. Many of the people who provide signals in trading are successful traders. So the signal gives a detailed idea of how a successful trader can open a trade. They get an idea of where they set the stop loss, how they set the pending order.
     
  17. Pevisi

    Pevisi

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    Personally, I have nothing against trading signals. But, it is extremely hard to find good ones. I have tested several signal providers on my demo account, but as they were unable to provide profits within a month, I have decided to discard them