User Guide for the ForexSignal.com Service.
User Guide
What To Expect
Trading Times
Currency Pairs
Understanding The Lights
Understanding 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
Trade Alert Exit Strategy
Most of our signals include Stop Loss and Take Profit Targets and are very easy to follow and understand.  Read the information below to learn how to exit trades using these signals. To learn more about entering trades using these signals, see here. 

The table below shows how many pips to expect for each Take Profit Target:
 
Take Profit Average Pips Average Risk/Reward
Target 1 35 pips 1:1
Target 2 45 pips 1:1.5
Target 3 60 pips 1:2
 
If you are trading with one lot:
  1. After receiving a signal, place your Entry Order. Some platforms call this a "Pending Order".
     
  2. Place your Take Profit Limit Order at the Target 1 or 2 price, its your decision. 
     
  3. Place your Stop Loss exactly as it appears in the signal message.
     
  4. If we send additional trade instructions, you can make adjustments to your trade.  Or if you prefer, you can leave your trade as it is without making adjustments.  See examples of adjustments.
If you are trading with multiple lots:
  1. After receiving a signal, place your Entry Order (some platforms call this a "Pending Order") for as many lots as you want to trade.
     
  2. Place the Take Profit Limit Order of a portion of your lots at the Target 1 price and the remaining lots at the Target 2 and Target 3 price.
     
  3. Place your Stop Loss exactly as it appears in the signal message for all lots.
     
  4. If we send additional trade instructions, you can make adjustments to your trade.  Or if you prefer, you can leave your trade as it is without making adjustments.  See examples of adjustments.
Examples of adjustments:
  • Remove order
    The entry point price was never reached and does not seem likely    , so we recommend that you remove your Entry Order when you receive this trade update.
  • Move your stop to Entry Point
    The trade is showing a small profit, and as a protection against losses we may advise to change your Stop Loss to the Entry Price.  If the trade reverses, you will be stopped out with zero profit and zero loss.  The decision to change the Stop is at your discretion.
 

 
 

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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