June 12, 2011

For a forex trading beginner, can we just rely on a signal service ?

By Planet Wealth

If so, please share with me what is a excellent service.

Topics: trading tips | 8 Comments »

8 Responses to “For a forex trading beginner, can we just rely on a signal service ?”

  1. Lillian Says:
    June 12th, 2011 at 12:44 pm

    I used to subscribe to a service paying a fee every month. In fact I tried 3 different ones. One made some money for me for a while but I lost in the other two. So it depends on which service you choose.

    Why not get software to generate these signals and test to see if they give excellent results? It is much cheaper. Forex Killer is one such software.

  2. mark mc donnell Says:
    June 12th, 2011 at 12:44 pm

    The answer is no and I run the cheapest service there is, I know this too because I have checked. I do not want you to subscribe to my service unless you do the following;

    Read my entire website.
    Attend my free webinars.
    Set up my free trend indicators
    Listen to my free audio library
    Read All of my technical articles on the website
    Question questions.
    Be willing to papertrade or trade microlots with a stop order for 6 months.

    Then you are welcome to subscribe for $19.95 per month. After broker rebates it could be less.

    Excellent Trading
    Mark Mc Donnell
    http://www.forexearlywarning.com

  3. ajb Says:
    June 12th, 2011 at 12:44 pm

    Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets.

    Here is a free site that shows what has happened after economic news releases:

    http://www.forexnewspatterns.com

  4. The Easy Answer Says:
    June 12th, 2011 at 12:44 pm

    Hi Sat Tin,

    I personally do not rely on a signal service for my foreign trading. I really use the hints and tips that I receive from the free newsletter at http://www.forex-trader-basics.us to be very helpful with my forex analysis. Excellent luck to you!

  5. Fred G Says:
    June 12th, 2011 at 12:44 pm

    Some excellent advice and guides here:

    http://www.estocktrades.info

  6. Miss Sadia Says:
    June 12th, 2011 at 12:44 pm

    visit the http://www.forexupdate.biz

  7. Harold Hsu Says:
    June 12th, 2011 at 12:44 pm

    Hello,

    Sorry but I personally prefer to invest in my own Forex trading education rather than relying on a signal service. I wouldn’t want my profits to be dependent on someone else. If the signal service closes down or starts charging exorbitant prices, I would have to start from scratch again.

  8. jew_192003 Says:
    June 12th, 2011 at 12:44 pm

    finding a excellent forex service can be hard at times, theres a lot of so called companys that end up scaming you in the end, heres a site fantastic site that does reviews on all the sites and has blogs of personal experiences from people who trade forex with diffrent broker.

    http://www.forexpeacearmy.com

    as far as charting is concerned i would go with Ensigns software they have the best charting packages. 40.00 bucks a month isnt terrible at all. hope this helps

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