Forex signals — a special notification to the trader with a recommendation about the recommended action in the transaction. For example, opening a trade or warning about its closing.
The main function of signals is to help beginner traders make a profit and not lose their investments. Such signals are designed to teach still inexperienced traders to determine the most profitable transactions, when to buy or sell an instrument, when to set a stop loss or take profit, at what point to close a position and how not to incur losses in the transaction or limit their number.
Types of signals and kinds
There are many different signals, which are commonly grouped into several types and kinds.
Types of signals:
Buy signal. Indicates an increase in the rate of a particular currency.
Sell signal. Indicates fall of a rate.
Volume signal. Notifies you of the appearance of an asset around which there is a large movement.
Momentum signal. Occurs in case of appearance of an asset on the market that may be popular in the future.
Kinds of signals: Basically, signals are divided into: Manual, Automatic, Hybrid, and By correspondence. Also, all signals are: Paid and Free.
IMPORTANT: Please be informed, that our services are available for Professional Clients only. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Forex signals — a special notification to the trader with a recommendation about the recommended action in the transaction. For example, opening a trade or warning about its closing.