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
Trend Meters
Lite and Enhanced subscribers have unlimited access to our Trend Meters. Trend Meters are updated daily and reflect the direction of the medium-to-long-term trend for our eight currency pairs. 

Lite and Enhanced Users: Login to your account to view all Trend Meters. Login now.
Mobile Version Users: Upgrade your account to access the Trend Meters.

 
Why is it important to know the medium-to-long-term trend?
 
It is important to know the overall trend of the market to help you with your daily decisions to Buy or Sell.  If overall, Forex traders are buying a particular currency pair and the trend to Buy is very strong, then it would make sense that the trend will continue and traders will continue to Buy that currency. 

A currency pair may, however, change direction at any time, so if you have good reason to believe the trend is reversing, then placing an order to Sell may be a wise decision.


Either way, in your daily technical analysis and consideration of important economic events, its also important to consider the long-term trend.  Knowing how a currency pair has performed over a long period of time can help you decide whether or not to Buy or Sell a particular currency pair.
 
What do the Trend Meters mean?
 
Very strong trend to Buy. This means that overall, for many months, this currency pair has been increasing in value and traders overall prefer to Buy this currency pair. Somewhat strong trend to Sell. This means that overall, for many months, this currency pair has been somewhat decreasing in value and traders Sell this currency pair more than they Buy it.
Strong trend to Buy. This means that overall, for many months, this currency pair has been increasing in value and traders overall prefer to Buy this currency pair. Mostly strong trend to Sell. This means that overall, for many months, this currency pair has been mostly decreasing in value and traders overall prefer to Sell this currency pair.
Mostly strong trend to Buy. This means that overall, for many months, this currency pair has been mostly increasing in value and traders prefer to Buy this currency pair. Strong trend to Sell. This means that overall, for many months, this currency pair has been decreasing in value and traders overall prefer to Sell this currency pair.
Somewhat strong trend to Buy. This means that overall, for many months, this currency pair has been somewhat increasing in value and traders Buy this currency pair more than they Sell it. Very strong trend to Sell. This means that overall, for many months, this currency pair has been decreasing in value and traders overall prefer to Sell this currency pair.
This indicates a lack of trend for a currency pair.  There is neither a strong trend to Buy or to Sell this currency pair and it may be difficult to determine Signals when the long term trend is not strong.    
 

 

 

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. 

 

© 2009 CompuTrade LLC. All rights reserved