What Are Forex Signals?
Forex Signals are often employed by traders who do not wish to open a managed account, or depend on “EAs” and “Indicators” to make trades.
In the market today there are a variety of forex signal services. These include, but are not limited to:
- -signals by email
- -signals by txt messages
- -signals via metatrader (MT4 and MT5)
- -auto-trade signals
- -mirror-trade signals
- -signals requiring immediate execution
- -signals for manual trading which can be executed within a given time frame
- -trading room signals, which require logging in and listening to a trader’s calls
- -binary option forex signals
How To Make Your Decision
The only method we suggest for choosing a signal provider is one which allows you to see either a live, or audited trading statement which corroborates the provider’s published history of signals.
It is frankly irresponsible for signal providers to show a list of winning trades without also disclosing a complete list, not only of the signals, but of their execution.
We suggest that if you do want to use trading signals, that you trade them on a demo account before using your own money.
