Forex signals tutorials

Forex Trading Signals:

Trading signals are used by individual traders around the world to help them make right decisions during the whole marketing process. Forex Signals are an important tool which can help traders do it well in all the time when they are trading. This is actually the main reason for almost all of the individual traders to use Forex Signals, no matter they are beginners or advanced traders.

Our financial analysts use a wide range of tools including many different technical indicators, proven strategies and trade tactics. We are trying to achieve the best possible results ever, using all of the pointed tools.

Some of the indicators we use are: support and resistance levels, moving averages, candlestick patterns, Bill William’s Alligator and Heiken Ashi indicators, Stochastic oscillator, MACD etc.

Using our trade signals is easy and simplified:

1. Follow the signal you see on our page
2. Copy its characteristics in your account
3. Wait for the signal to develop its potential

How to read FXPROfit signals in our website?

• Posted at GMT+3 – The time we deliver the signal
• Currency Pair –The relevant currency pair
• BUY/SELL – Trading signal, telling you to BUY (in green) or SELL (in red) a pair
• SL – Stop Loss. An automatic exit point to protect your investment. This is the suggested price at which to exit the trade in case the market goes against you. Make sure you apply a Stop Loss when opening the position in your trading account.
• TP – Take Profit. This is the suggested target price at which to exit the trade. Once the rate hits ‘Take Profit’, your position will automatically close. It is recommended that you apply a ‘Take Profit’ order when you open a buy/sell position, to lock your profits in case target is reached.
• Status – The current status of the signal. Let’s review the possible statuses:
• Running –  this status means it is an open signal. As long as a signal is active, traders are advised to follow the alert and enter the market!
• Be ready –  Be prepare. There is a good chance that the system is about to open a new position. The ‘Be ready’ signal might become ‘Running’ or disappear.
• Trade Now – Appearing on the right side of a signal with ‘Be ready‘ or  ‘Running’ status, the blue ‘Trade Now’ buttonis is aimed at all those who have not yet become part of our Free Telegram channel.

If you want to receive our signals directly on your mobile phone or PC with sound notification, you need to install the Telegram app

All you have to do is to follow these Signals and have them hand copied in your trading platform. Then, you have to key “buy to open”, “buy to close”, “sell to open” or “sell to close” positions, the stop loss and take profit levels according to the active signal.

 

The maximum amount a trader may risk on a single trade is 2 percent of his equity. If you have a $10 000 account, you may not risk more than $200 on any trade.

As you can see, it´s not that complicated to follow our Forex signals. Once a signal appears live on our signal page or once you get an alert on your phone, open a trade at the spot price in the same direction with our signal.