lanretuase Posted August 19, 2012 Share Posted August 19, 2012 Forex signals are the basic verbal codes in Forex Trading. They are used as indicators for good or bad trading times, and have been used for years as factors for Forex trading decisions. These Forex signals have been communicated from one Forex agent to another via telegraph and telegram in the early days of Forex Trading. Now, real time Forex developments could be viewed through the internet. Human Forex investors may create their own sets of Forex signals to complement their automated online Forex Trading tools. Newbie investors and brokers, on the other hand, may avail of the services of a good Forex Automated Trading company to get a hold of a good Forex signal generator. These generators produce Forex signals based on the behavioral patterns of different Forex currency ratings. Where to get good Forex signal generators Since the latest hype in the Forex industry is automated training, a gazillion Forex alerts providers have popped out of the wood work. A good way of investigating the credibility of these Forex automated trading providers is by reading reviews online. Users with bad experiences with a Forex service provider will surely post blog entries and reviews about this service provider to ensure that no other investors gets victimized again. Internet searches for these reviews are relatively easy with the existence of numerous search engines. Public forums of online Forex investors are also available online. Basic information, FAQS, and reviews regarding online forex trading tools have highly informative threads in these forums. What's the secret in managing Forex signals? Recognizing signals from Forex behavior, like language, entails familiarity. In time, a Forex investor will be able to get the "feel" of Forex currency movements. Of course, it helps to be informed about current world and regional events. External factors like government, economy and market psychology affect currency ratings, and eventually global Forex behavior as well. The newbie Forex broker, in the mean time, can seek the aid of a good Forex signal generator. There's no need to worry about the risks involved in availing of automated Forex trading tools. Most providers allow potential clients to try out their systems by using play money. This process is called "paper trade". This allows the investor to test out the system before signing anything, just to find out if the strategies used by the system are compatible to his own trading beliefs. As much as possible, investors would not avail of automated Forex trading tools which veer too far away from their own decision making processes. After all these Fores automated tools are meant to act as proxy systems while s/he is unable to monitor currency rates in real time. How exactly does a Forex signal figure in an automated Forex trading system? Forex signal generators produce Forex signals which are indicators of ideal trading opportunities. These are certain algorithmic patterns which have been evident in successful Fores trades throughout the years. These Forex signals are then fed onto the program of Forex automated EAs or Expert Advisors. This program will then either make Forex trading decisions for the individual while s/he is away from the computer or advice the individual about what to do. Forex EAs act like wizards which monitor currency ratings through online Forex Trading Platforms. One can look at Forex signals as triggers of commands which allow the automated system to function. Quote Link to comment Share on other sites More sharing options...
hardworks Posted August 25, 2012 Share Posted August 25, 2012 Let me to explain in simple way. Forex signals doesn't works for long time, it may works for some months. If no of traders following the signal is increasing, then there should be some effects in the market via the signals. I saw many signal sites, making mistakes in a day and makes huge loses or lose of all profits. Quote Link to comment Share on other sites More sharing options...
profitfx Posted September 4, 2012 Share Posted September 4, 2012 Let me to explain in simple way. Forex signals doesn't works for long time, it may works for some months. If no of traders following the signal is increasing, then there should be some effects in the market via the signals. I saw many signal sites, making mistakes in a day and makes huge loses or lose of all profits. I don't think so. I think forex signal is the associeat of the price. Or it live with price. But the hard that the signals is alike and we are hard to ken them. when due it is easy to make mistakes and lose money. Quote Link to comment Share on other sites More sharing options...
fari Posted September 7, 2012 Share Posted September 7, 2012 understanding the signal is very important. you have to see the market and analyze it properly, see the history also as a common saying history repeats itself. Quote Link to comment Share on other sites More sharing options...
rizal83 Posted October 16, 2012 Share Posted October 16, 2012 is very important for us to be able to Understand a signal due to understand the movement of the signals we would know where the exact price movement but we also have to really be able to read the signals well because many false signals in determining the price movement Quote Link to comment Share on other sites More sharing options...
rexway Posted November 10, 2012 Share Posted November 10, 2012 Understanding the forex signal is very important at least it entail you the buy and the exit points in your trade. Your signal will be base on your strategy and not on anything the more you master your strategy the more you your signal keep becoming clearer. Quote Link to comment Share on other sites More sharing options...
luke1 Posted November 16, 2012 Share Posted November 16, 2012 The article written on this thread is very long here. But the main thing here, we have to understand about how the signal works. We need to learn about the candlestick system here and how usually this thing will go on. In this way here, we can see the market better and trade safer Quote Link to comment Share on other sites More sharing options...
standart Posted November 16, 2012 Share Posted November 16, 2012 even though a trader rely on signal or use the signal service, not suggested to follow it directly without analyze it previously. the market habit is unpredictable and because every system can read all the market movement precisely, that mean a signal will not always correct precisely. Quote Link to comment Share on other sites More sharing options...
PROPENSITY100 Posted February 14, 2013 Share Posted February 14, 2013 Yes all signals fail at some point of time and this usually causes huge losses.so depending upon a signal for a long time is not prudent. instead we can learn and practice Forex ourselves and excel in it. Quote Link to comment Share on other sites More sharing options...
rexway Posted February 20, 2013 Share Posted February 20, 2013 Let me tell you something here what signal is all about is just for the buying and selling signal which is the two type of signal which we have so understanding how the signal work is very essential Quote Link to comment Share on other sites More sharing options...
Decub Posted February 14, 2014 Share Posted February 14, 2014 Signals are quite good a way to earn for traders who have no knowledge but not all sources of signals are reliable. There are just those signals that might not necessarily make you profit no matter how long you use it and they are no guarantee of any profit. Personally, I use Forex signals but not at all times and there are quite some time I make profits with it. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted February 15, 2014 Share Posted February 15, 2014 to understand the forex signal we have to learn in demo if we use demo then we can easily understand the forex singel.these signal are not easy to understand .if we want to understand it then use the demo of the forex . Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 21, 2014 Share Posted February 21, 2014 Forex signal can be gotten any way but the real place which i see that is the best which traders can get signal is from your broker site its good source because everything which you ever needed to succeed will there and the market will become acccurate for you Quote Link to comment Share on other sites More sharing options...
Decub Posted March 5, 2014 Share Posted March 5, 2014 It is always wise for the trader who seeks Forex from other source to carefully scrutinize the source of the signal. It's true that signals help a trader earn from Forex but it also should be noted that signals are not to be relied upon. They simply can make you profit and can as make you lose. Signals are more like a suggestion from a broker or the experience trader and not a financial advise. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 18, 2014 Share Posted April 18, 2014 is essential for us to possess the opportunity to Realize a sign as a consequence of to comprehend the motion in the signals we might know in which the precise price tag movement but we even have to truly regulate to browse the alerts well since a lot of Bogus signals in determining the fee motion. Quote Link to comment Share on other sites More sharing options...
Decub Posted April 19, 2014 Share Posted April 19, 2014 As a newbie, it is bestowed upon you as a task to understand how signals work if you wish to make use of Forex signals already provided by others. You have to know how to use and also understand that not all signals are to be trusted. That is why it is essential for us to learn how to analyze ourselves. Quote Link to comment Share on other sites More sharing options...
Stekin Posted April 19, 2014 Share Posted April 19, 2014 If you understand how signals work, you will be able to trade in the forex business and to make profit from trading because it will make you to know when you will open or close an order. Forex signal that are from indicator is what the newbie traders use to be able to analyze and predict the movement of the forex market. Quote Link to comment Share on other sites More sharing options...
Decub Posted April 26, 2014 Share Posted April 26, 2014 Social network these days offer traders a lot of chances to get signals from signal providers. I even see one that is so popular on Facebook and which provides a platform for traders to deliberate on it. That is such a great way to share such info and the argumentative nature makes it that which is prone to criticism. Quote Link to comment Share on other sites More sharing options...
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