Forex signals are sent by a forex firm to their
subscribers in order to buy and sell currencies. These signals are called
entry and exit signals for the forex dealers. The firms, which send this
forex signal, do so after tedious and meticulous research and analysis
into the currencies that their dealers are trading in. For example a firm
may send the entry and exit signals at designated time frames in real
time. These will remain valid for a short period only after which they are
going to be different.
Let's say that there is a forex trading company say Acme Forex traders who
send entry and exit signals to their clients in the following way
The first signal is provided to the trader at 08:30, and this signal is
going to remain actual till 12.30
The trader will receive the second signal at 12.30, which would remain
actual till 16.30.
The last signal would be sent to the trader at 16.30.
The transactions are given according to GMT. Please adjust for local time
changes. The transaction shall be calculated till the signal is actual.
The charges would be $300 per month per trader.
Forex dealers and experts provide forex-trading information and data to
both institutional clients and individual investors and provide these kind
of signals. Investors like to subscribe to credit worthy forex dealers /
companies since their information and data would be genuine and more
accurate. In fact many forex dealers would kill to get information before
the rest of the market gets the same information. As forex dealing is a
very competitive business.
These signals or forex indications are given to the forex dealers through
the forex trading platform or hub. The signals or forex indicators are the
specific entry and exit strategies. Therefore when you enter a currency
trade buying currencies at lower price and then selling at higher price,
you book a profit. currency pair. For example the forex dealer is trading
in GBP/USD. The rate is for GBP/USD is .9800 . If you expect that Euro is
likely to go up in the future you would buy the Euros today to sell them
off at a later date thereby booking a profit. If you expect the dollars to
appreciate, then you would buy the dollars selling them off at a later
date to book profits.
Most forex dealers will get the information via email or straight on their
computer screens. It is then up to the forex dealers to decide whether
they want to sell / buy / hold the currencies till further information is
given to them.
Those who contribute in giving the information on currency dealing are
hedge managers, foreign exchange dealers located in the major financial
markets of the world, professional stock brokers, finance managers and a
host of other finance professionals. They make it their business to
collect, analyze and disseminate information in such a way, that can be
used by forex dealers to buy / sell / hold the forex.
Therefore the companies take extreme care to send the forex signals for
the currency dealers.