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
How We Generate Forex Signals: Our Strategy When Placing Trades
Our team of traders monitor the Forex market 24 hours a day, Sunday through Friday, for Forex trading opportunities. With over 20 years of trading experience, our Forex team has developed a very powerful trading method utilizing key pivot levels as well as strong technical and fundamental analysis.   

After identifying a trade, we use a a further screening process to select and determine the best possible trades - only then do we send them out to our subscribers. These opportunities occur at different times; that is why you can login to your ForexSignal.com account online and on the Customize Alert Settings page you can specify which hours and currency pairs are suitable for your lifestyle.  If you are not sure how to use this feature, support is always available.  Email us at support@forexsignal.com  

Why does it sometimes seem like we are missing a good trade?

At times it may seem like the Forex markets are taking off without us and we have missed the boat. No need to panic; alerts are sent after a currency pair has broken out of key Support or Resistance levels and momentum seems strong.  Why? 

Markets tend to follow fairly consistent patterns - strong moves eventually lose momentum and retrace to strong support and resistance levels.  We call these Key Pivot levels.   

Key Pivot Levels are where large traders usually enter the market - providing continued strong movement in the direction of the current momentum. Our trading team calculates the Pivot Levels and once our criteria are met, we immediately send the Buy or Sell signal, which includes Entry Point, Stop Loss and Take Profit levels, to our subscribers worldwide. 

When you receive the signal, simply place an Entry Order/pending order (to either Buy or SELL) in your Trade Station and when the market reaches the pre-determined Pivot Level, your trade will be activated. If you are still not sure contact support@forexsignal.com  

Although these trading opportunities occur often when you least expect it, there is no need for you to stay glued to your screen watching the markets.  You can continue with your life knowing we are monitoring the markets and will alert you when it is time to trade. 

Real Trading Example #1: 

On March 3, 2009 the USD/JPY pair made a strong upward move and hit a high price of 97.99. Our trading team then calculated a precise Entry Point, Stop Loss and Take Profit Targets and sent this information to our subscribers:

Buy the USD/JPY @ 97.65 Stop @ 97.38 Target #1 @ 97.90 Target #2 @ 98.10

The price soon retraced down to 97.65, our Entry Order price was filled, and the trade activated. The continuing strong upward momentum pushed the USD/JPY back to the high price of 97.99 and surpassed it; hitting our Take Profit Targets and allowing us to profit from the continuation of the original upward move. Eventually a third target was added and the trade achieved Target 1, 2 and 3 success.

The Buy alert trade below shows how the market had to retrace downward to hit the Entry Point.

Real Trading Example #2: 

On February 25, 2009 the EUR/USD pair made a strong downward move and hit a low of 1.2758.  Our trading team then calculated a precise Entry Point, Stop Loss and Take Profit Targets and sent this information to our subscribers:

SELL the EUR/USD @ 1.2817 Stop @ 1.2847 Target #1 @ 1.2792 Target #2 @ 1.2772     

The price soon retraced up to 1.2817, our Entry Order price was filled, and the trade activated.  The continuing strong downward momentum pushed the EUR/USD back to the low price of 1.2758 and surpassed it; hitting our Take Profit Targets and allowing us to profit from the continuation of the original downward move. Eventually a third target was added and the trade achieved Target 1, 2 and 3 success.

The SELL alert  trade below shows how the market had to retrace upward to hit the Entry Point.

 
 

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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