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Paid or Free Forex Signals?

October 19, 2009

On-line services of paid and free Forex signals have became very popular recently. I even had to create a separate Forex signals subforum on the EarnForex.com forums for the free signal providers. My trading style leaves no place for using the Forex signals but many traders are fond of using them and even manage to profit from the free ones. Although it’s said that trading by the signals is not a real trading but is a long-term road to nowhere in the world of Forex, the trader’s talent can be applied with signals too. A trader that uses Forex signals can choose the signal provider, choose what signals to ignore, decide the size of the positions and choose Forex broker to trade with. Of course, the problems of using the Forex signals remain: what will happen when your provider stops issuing signals? What will happen when they change analysts and the signals stop working? How will you follow signals that are released during your absence? Etc.

Do you use Forex signals?

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If you have some interesting comments or questions regarding the use of the Forex trading signals, please, feel free to reply using the form below.

3 Responses to “Paid or Free Forex Signals?”

  1. kingsley

    i need free signals. thanks

    Reply

    Andrei Reply:

    There are several free Forex signal providers posting regularly on my Forex forum:
    http://www.earnforex.com/forum/f24/

    Reply

  2. Willeke Liselotte

    I appreciate your post. 2 years ago, I did forex trading. Then I found something cooler. I am making much more profit from this. Check my personal review blog for more details.

    Reply

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