Forex signals are alerts which might be sent to you by brokerage firms or independent Forex analysts. In most cases you have to subscribe to a signal service, which could cost you $100 per month or more.
These firms then do all the Technical Analysis and Fundamental Analysis on your behalf. Obviously this can be very time-consuming and tedious, and you may well not have the time to do it yourself, especially if you have a day-job. They will identify trends and discover profitable entry and exit points. They may send you the information on your computer screen, via e-mail or on your mobile phone. It is then up to you to decide what to do with it.
The important thing to note is that subscribing to a signal service for your Forex trading is in no way a substitute for education and training in Forex and how the markets work. The signal services will not take any responsibility for any losses you may make and they certainly do not guarantee that you will always have winning trades. It is YOUR responsibility to decide what to do with the information so you need to obtain enough Forex training to be able to make the decisions.
The great thing about trading with Easy-Forex is that ALL you pay is the initial purchase. Then they give you the training - and it's the best training on the market with a one-to-one, personal, hands-on service, plus tutorials and seminars. And they walk you through your initial trading including advice about the right times to trade - which elsewhere you would be paying hundreds of dollars for. So you really have the best chances right from Day 1.
Don't forget there's more at http://www.bizwrite.co.uk/Forex/forexindex.html
No comments:
Post a Comment