Like we said before if you look at some signals like 10 MA crossing the 20 MA many times the move has already happened. many signals buy at the high end of the range only to see a mini retracement. We trade the retracement and get you a better price than if you bought right as the signal went off.
Micheal, Most these Signal services have 10 days free trial, if you trading forex now, you can subscribe to all of them at the same time, and compare the signals: -what time (seconds counts here) the signals triggered from each of the firm, When major move happened, Take a note of it. -Were the signals entry price were around the same for most and who triggered alert earlier, so we know who is the leader, as other firms must be copying (following others signals)? It might work, this is what i'm trying to do, when i will be trading forex soon, as a longer term plays with my half position size.
Good! since you are doing it, Will you share your findings sir? Please understand that I am not endorsing anybodies use of signal services by requestiong this cooperation from Nana... A newbie, should learn how to trade, not to learn how to execute... Michael B.
Sure, I will share them with ET when i do it, because i don't see any harm on doing it. But as you said, i am also little doubtful if these these signal are right and on time? Their monthly subscription might seem high, but infact if they are right and on time for their alerts, Most traders can pass it to other traders trough messengers group, and share the monthly subscription cost from several signal services. I think The main reason for using such services, is because they might know when economic releases are coming out or how it is affecting the market little ahead of general public
Hai guys, Sorry for jump up in the middle. I'm not try to promote my site, I just like to help other to have clear perspective about several signal service scater in the internet. Most of all I like to have your comment about any signal service available. So if anybody got any comment regarding any signal service please email me at firedave@forexreview.cjb.net or visit the site at www.forexreview.cjb.net I hope we together can help others and eliminate those bad service from being use.
Hi, Thanks for the site, but I think I will pass this one or at least later. Because I'm un-familiar with hot-comm and I think it's too complicate to follow. I hope somebody else will try it. Hope it will help.