I’m just starting out – what forex signals should I use??
That depends on the time frame in which you want to trade; day trade or position trade. There are advantages to both but you want to find out which one fits your schedule and personality the best.
Here is one method which claims to have proven easy to follow instructions and is explained to the users, http://www.jcls-forex.com/forex-signals-html.
May 5th, 2010 at 6:49 pm
CNBC it’s the best, i can teach you to do somthing good in your Money ,and you will win $$$ all the time and don’t loss any $ blive me when i said this , it”s will give you 4% every month from the total of your cash
References :
May 5th, 2010 at 7:00 pm
That depends on the time frame in which you want to trade; day trade or position trade.
There are advantages to both but you want to find out which one fits your schedule and personality the best.
Here is method which has proven easy to follow and is explained to the users, http://www.jcls-forex.com/forex-signals-html
References :
JCL’s Forex Signals http://jcls-forex.com/forex-signals.html
May 5th, 2010 at 7:41 pm
Depends on a million different factors, including economic factors all over the world. News events, too.
Ever heard of the butterfly which flaps his wings and causes a hurricane all the way across the globe?
Similar things happen in Forex. One country has this little news tidbit, while this country is in a recession, while this country borrowed some money, while this country…etc.
It’s impossible to analyze everything all at once! Unless you have a major team of experts to do it for you!
This is exactly how a signaling service works. You pay someone to analyze the markets for you. They send you lots of different "signals" which tell you whether to buy or sell a specific currency. You follow their advice and make money! No thinking or guesswork or analyzing on your part!
Of course, it’s not free. But you get an incredible ROI from this, which is what it all boils down to.
If you are looking for a purely technical system to use on your own, try some moving averages with an RSI indicator.
5 EMA – Close (shift -1)
8 EMA – Open
Any time frame you want with an RSI!
It works a lot of the time, but not always.
If you want the easy way out, check out the link below for the most powerful signals available!
References :
http://www.forex-champ.com