What are Forex signals and how to use

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What are Forex Signals and how to use them to
your advantage

• Presented ByThe Forex Secret

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What are Forex Signals?

• Forex signals are prompts to buy or sell a
  particular tradable asset.
• If you are trading currencies, then a forex
  market signal is a prompt sent to you by a forex
  signal service provider instructing you on when
  to enter a market, where to set your take profit
  and stop loss.
• Some signal providers go the extra mile by
  advising you on money management and trade
  management issues.

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How do forex signals work?

• When it comes to considering how forex signals
  work, it is important for you to fist understand
  that we have two types of forex signal service
  providers.
• Automatic forex signal service providers
• Manual forex signal service providers

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How can you choose them to your advantage?

• In this section, allow me walk you through some
  factors you should consider before choosing a
  forex signal provider. Here are some of the
  leading factors worth considering
• Cost of the signals
• Mode of delivery
• Type of signals
• Reliability and reputation

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Cost of the signals

• Since most signal service providers run their
  services on a subscription basis,
• It is important for you to choose a signal
  provider whose fee is within your budget, Timing
  of the signals
• Depending on your schedule, you should be in the
  know of when the signals are sent out.
• Some of these signals require instant execution
  meaning that you should have access to your
  trading platform at the time the signals are sent
  out to you.

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Mode of delivery
Check to see if the signal provider makes
arrangements to deliver the signals through a
platform that is accessible to you. Some use
telegram, WhatsApp, SMS and Email.
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Type of signals
Depending on your account size and your
availability, you can choose between signal
providers that offer signals for day traders or
for those who issue signals for swing traders.
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Who use forex signals?

• Those who have none or little experience with
  the financial markets
• Those who have more experience and are able to
  design, test and trade their own strategy.
• The novice trader seeks to become a part of the
  trading community where trading decisions are
  taken solely by somebody else and the work
  involved in the market analysis is simply
  purchased on the subscriber basis.

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Thank you
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