Mail:
Pass:
Close
Forex Signals
Live Signal:
Off
Auto Execution:
Off
Forex Signals
|
About Us
|
Performance
|
Auto Execution
|
Signals Guide
|
Partners
|
Subscribe
|
Contact
How to Read Our Forex Trading Signals

As a subscriber of Daily Forex Signals, you will receive signals by SMS to your cell phone, E-mail and Pop Up to your Desktop.

Market Order
Long/Short currency X currency Y

Stop Loss
This order is used to minimize losses if the security price has started to move in an unprofitable direction. If the security price reaches this level, the position will be closed automatically. Such orders are always connected to an open position or a pending order. The brokerage company can place them only together with a market or a pending order. Terminal checks long positions with BID price for meeting of this order provisions, and it does with ASK price for short positions.

NSL
New stop loss rate

Take Profit
Take Profit order is intended for gaining the profit when the security price has reached a certain level. Execution of this order results in closing of the position. It is always connected to an open position or a pending order. The order can be requested only together with a market or a pending order. Terminal checks long positions with BID price for meeting of this order provisions, and it does with ASK price for short positions. 

TP1
First take profit point. When the rate gets to TP1, you can close the position or close half of the position and change SL to NSL. If your trading platform doesn't allow closing half of the position, then open two identical positions and close one of them when you reach TP1.

TP2
Second take profit point

Close Now at X

For example:
Technical signal Long EURUSD 1.3820 SL 1.3750 TP1 1.3920 TP2 1.3990

Later on you might receive an update:

EURUSD NSL 1.3800 (change SL)
EURUSD New TP2 1.4080 (change TP2)
EURUSD Close at 1.3860 (close the position)

Pending Order
This type of signal is used to open a trade position when the quote will reach a certain level.
After the Signal limit has triggered put the stop loss and take profit rates.

Number of Signals
Based on our experience, the number of signals varies from 8 to 12 a month. However, there may be months with more forex trading signals or less.

Timing
The forex signals are usually sent after 9:00 am (GMT). The majority of signals are sent in the late afternoon (upon trade opening in the US). There are usually no trading signals sent past 9:00 pm (GMT). 
 
Margin of safety 
We take into consideration the margins of buy and sell rates acceptable in the market, but since there are differences between brokers, we recommend adding 5 pips as a safety margin.

Results
The results of our trading signals are published on the Performance page.
Trade results may depending on broker used and broker fills.
It could be difference between Automatic  Execution and the the signals aletrs.
Past results not indicative of futures results. 
 

 
Forex Signals Free Trial
Forex Signals Performance
Subscribe to Daily Forex Signals
Special
Forex Trading may lead to losses and is not suitable for all investors.past results not indicative of futures results.trade results may depending on broker used and broker quotes.

          FAQ   Pop Up Download   Money Managers   Risk Warning   Terms & Conditions    Privacy Policy
Valid XHTML 1.0 Transitional   Valid CSS!