User Guide for the ForexSignal.com Service.

User Guide
What To Expect
Trading Times
Currency Pairs
The Lights
Mobile Alerts
Entry Strategies
Entry, Stop & Targets
Retracement/Breakout
Exit Strategies
Average Stop Loss
Trade Alert Exit Strategy
Strategies - Single Lots
Strategies - Multiple Lots
Additional Topics
How We Generate Signals
Remove Order
Trend Meters
Economic Events
Our Promise
Retracement/Breakout
Everyday the Forex market changes and makes new highs, lows, and trends. Our trading team adapts to these changes by engineering new trading methods and criteria utilizing technical tools, such as Pivot Levels and Fibonacci; as well as the consideration of fundamental factors, such as major economic news and announcements.

Retracement Trade
The Forex market does not move in a straight line, bit it zigzags up and down; referred to as Retracement.  Using advanced technical tools and data, we look for ways to benefit from these daily price Retracements.  Retracement Trades are our most common trade and its consistent good performance makes it our favorite.

Our trading team calculates the Retracement levels and after the criteria is met, we immediately send the Buy or Sell signal; which includes Entry Point, Stop Loss and Take Profit levels, to our subscribers worldwide. 

In the example below; after the market reached a low price of 1.1330, we sent a signal to BUY at an even lower price.  After that, the currency pair retraced upward and achieved Target 3 success! This was the Trade of the Day on May 17, 2010; you can view it on our website here: http://www.tryforexsignal.com/ImagePopup.php?image=051710.gif 

 

Breakout Trade
Sometimes a currency pair gets stuck in a range between an established high price and established low price.  Range trading can be difficult because trading opportunities within the range are limited.  When a currency price has enough momentum to break out above or below the established high or low price and our strict criteria is met, this is an excellent opportunity to trade.

In the example below, the currency broke through the established low price, or support level and soon thereafter, we sent a signal to sell at a an even lower price.  After that, the currency pair price continued to drop until we reached Target 2 success!
This was the Trade of the Day on March 16,2010; you can view it on our website here: http://www.tryforexsignal.com/ImagePopup.php?image=031610.gif
 
 

Legal risk warning:  Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. 

Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.  Past performance posted by Signal and Systems Providers ("Providers"), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.  Currency trading involves high risk and you can lose a lot of money. 

 

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