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Forex Signals

Sep 17, 2021 at 13:57
33 Replies
Member Since Jun 16, 2021   111 posts
Feb 11, 2022 at 04:12
To be honest I have not seen any reliable forex signal in my years of trading career. I do not follow any forex signal providers and instead generate my own.
Member Since Nov 23, 2021   34 posts
Mar 09, 2022 at 08:04
Honestly, I am not a fan of forex signals since I have heard people getting scammed because of false signals. It’s better to learn by yourself. This will make you capable of taking lessons from your losses.
Member Since Apr 09, 2019   538 posts
Mar 15, 2022 at 09:51
I don't think they are a good option. They create an emphasis on results rather than process as well as making creating the illusion that one size fits all.
If you can't spot the liquidity then you are the liquidity.
Member Since Oct 21, 2019   25 posts
Mar 16, 2022 at 20:13
Even if signals are thorough enough to encompass all the necessary elements from entry to exit including risk, it still omits the most important: following someone’s signal is adopting her belief system, formalised in a trading system. Example: as a professional short seller, i am naturally risk adverse (prudent position sizing) but disciplined (take the trade, follow the system). This philosophical tenet transpires in my algorithms. This may not jive with someone who likes big high conviction bets. When You follow someone else’s system, remember that you half heartedly embrace someone else’s personality without fully understanding it.
Member Since Apr 09, 2019   538 posts
Mar 17, 2022 at 11:14
WimConrad posted:
Would you say that following signals can qualify as a trading system/ style?
Isn't the basis of a trading system your personal input and the development to fit your personality/ trading style?
I also agree that you cannot copy another person's trading system and expect it to suit you 100% - therefore even f you respect your mentor, do not try to follow everything he does blindly - develop all his good advice into your personal system.
Sorry I never saw your reply. No I don't. I don't think signals offer anything positive to an aspiring trader. They create laziness and often push a trader towards a style of trading that they haven't arrived at naturally, again because they are focussed on making money rather than process at a crucial stage of their development. As you say, hopefully a good mentor gives you a number of ways to rad the markets and you can then go away and practice, testing to see which methods suit your eye and process, developing them further into your own defined strategy.
If you can't spot the liquidity then you are the liquidity.
Member Since Jan 20, 2022   31 posts
Mar 25, 2022 at 04:21
I don’t think it’s a good idea to trust any signal provider just for their word. Always do a thorough research about the provider's background. Although, I don’t like to rely on any such signals personally, It would be great if OP has given more information or real examples to help traders make their decision.

Member Since Mar 17, 2022   47 posts
Apr 04, 2022 at 08:08
You seem to be quite confident about your trading signals. It’s good for you. But no thank you, I believe in my own analysis only.
Member Since Apr 09, 2019   538 posts
Apr 04, 2022 at 12:29
I think understanding the WHY of a trade is incredibly important. Signals just don't provide this and nothing can be learned from them.
If you can't spot the liquidity then you are the liquidity.
Member Since Mar 23, 2022   26 posts
Apr 06, 2022 at 06:40
In a world full of scams, it’s not a good idea to believe in the forex signals coming from a random person. Either you should inquire about the trader’s background or test them on a demo account. Even if you find them okay, use them only as an opinion on your trades.
Member Since Feb 12, 2022   7 posts
Apr 06, 2022 at 07:01
croisssan posted:
It should be understood that signals are not the safest thing. You need to understand that the result may not always be positive.
Consistent make perfect
Member Since Feb 12, 2022   7 posts
Apr 24, 2022 at 07:04
officialali_fx posted:
sharabela posted:
DavidPolianski posted:
If anyone is looking for forex signals, commodities, indices, crypto. Please contact me. 75%-80% accuracy
Nice to know that you have a signal providing service that has tremendous accuracy. I personally never like using signals from others though. Neither I encourage others to use one. However, I am wishing you all the very best.

What if the signal providers also provided education, market analysis, fundamental analysis, COT Data analysis and retail sentiment data? This is what I usually provide to all my members and I currently have over 95% profitability on over 400 trades. (Which can be seen on my profile too).

I would also not recommend blindly following signals but if those services provide the above analysis too, it an be definitely beneficial especially to those newer traders who struggle with fundamentals.
Consistent make perfect
Member Since Dec 13, 2021   32 posts
May 06, 2022 at 08:38
That’s too confident of you to say that your signals are so accurate. But honestly, I would like to stay away from such offers until I see the results myself.
Member Since Mar 22, 2022   25 posts
May 11, 2022 at 04:24
Signals are a risky business for me. They can be coming from any random person. And the thing that you are guaranteeing success makes me doubt.
Member Since Mar 11, 2022   38 posts
May 12, 2022 at 05:37
All I have known in my trading career is that there are no guarantees in the forex market. Just wanted to know what makes you so confident about your trading system!
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