Sunday, April 11, 2021

Forex Signals

OUR FOREX SIGNALS

LONG/SHORT TERM SIGNALS

Short term signals are normally traded within a timeframe of anywhere from 10 minutes to a few hours, and offer up pips ranging between 15 and 50 pips, based on the market movement. On the other hand, longer term forex signals are traded between 1 day and go up to a month and sometimes even longer. These longer trades offer up a higher range of pips, from anywhere between 70-80 pips to 250 pips, and possibly even more, depending on market conditions. FintechZoom offers forex signals across a wide range of timeframes, suited for both short term as well as long term trading.

NON-FX SIGNALS

The commodities market is known for its high volatility, with many an opportunity to generate profits, as long as you trade carefully. FintechZoom offers signals to trade leading commodities, including crude oil – both US WTI as well as UK Brent, gold, silver, platinum and palladium. Stay current and find the best trade ideas to make the most from trading commodities with FintechZoom.

Cryptocurrencies are one of the latest and fast emerging group of instruments to trade, and have turned several early adopters into overnight successes. However, the crypto market is an extremely volatile and unpredictable one, with considerable levels of risk. FintechZoom’ team of analysts has the expertise to handle the highly volatile world of cryptocurrencies and publishes trade ideas for leading digital currencies, including Bitcoin (BTC), Ethereum (ETH), Dash (DAS), Litecoin (LTC) and Ripple (XRP).

In addition, our analysts also publish latest analysis to explain the idea behind the signals they publish. These analysis articles will help you develop your skills trade commodities and cryptocurrencies with greater confidence.

FOREX SIGNALS PROFIT/LOSS REPORT

FintechZoom offers a comprehensive profit/loss report detailing the performance of all the forex signals we publish – a service exclusively available to our premium members. Premium Account holders can access the P/L report for forex signals over the past several years, and filter the report based on when the signal closed, select specific instruments, type of signals (short term vs. long term), and even customize the date range. What’s more, as a premium subscriber, you can even download the report as an Excel file to perform your own analysis on the performance of our forex signals.

SIGNALS NEWS AND ANALYSIS

There are all sorts of forex signal services available. Many individual forex traders provide signals through the MT4/MT5 platforms or through their brokers as trade copiers, such as ZuluTrade or eToro. At FintechZoom, we have a team of professional traders and analysts who generate new forex signals every day. We are proud of our services and performance and are constantly working to improve them.

In 2017/2018, FintechZoom introduced new trading signals on commodities, indices, and cryptocurrencies, allowing traders to diversify their trading portfolios. If you have been following FintechZoom, you may have noticed the connection between our live market updates and our forex signals. Besides issuing signals, we try to accompany the signals with the strategies and reasons behind them.

FOREX ECONOMIC CALENDAR

FintechZoom’ economic calendar keeps you updated about all the major, market moving events that can impact your forex trades. Stay updated about what’s coming up and even get real-time updates by our analysts on economic events so you can make the most of a potential, upcoming trade opportunity. Know what event can drive the maximum price action in the forex market, which key currency pairs are affected by it and how they are expected to move upon the release of data. This will help you plan ahead and shortlist trade ideas to execute when the economic event goes live.

WHAT ARE FOREX SIGNALS?

Forex signals are, essentially, trade ideas indicating the market trends in real time. Trading signals are used by novice and professional traders alike. Most forex signals include the position type (buy or sell) as well as the take profit and stop loss levels. FintechZoom provides signals on forex pairs, commodities, indices, and cryptocurrencies.

HOW TO USE OUR FOREX SIGNALS?

Follow the live signals and manually copy them to your own trading platform by opening a buy/sell position according to the data of the active signal.

FintechZoom forex signals are essentially trade ideas. The trader receives the position (buy/sell) posted on the forex signals page together with the stop loss (SL) and take profit (TP) levels. All traders need to do is to copy the trade at the market price when the signal goes live.

HOW TO MAKE THE MOST OF FOREX SIGNALS?

FintechZoom’ expert analysts employ both short and long-term trading analysis and strategies. Due to this, different types of traders can use FintechZoom’ trading signals as the signals can match different trading styles, such as technical analysis trading, fundamental analysis trading, day trading, and swing trading.

UTOMATED VS. MANUAL FOREX SIGNALS

You don’t have to follow all our signals by the book. Forex signals are trade ideas, so it’s best to consider them as such and whenever possible to increase your profits. Stop loss and take profit levels are given in order to frame the range in which the market is expected to move based on a specific trend. If your trading strategy points to further gains, don’t limit your potential… extend your take profit (TP) target or remove it all together to maximize profits.

Our signals are managed manually since they are created by our experienced analysts who apply different manual trading strategies to the markets. This is opposed to other signal providers whose signals are generated automatically. There are pros and cons for both services which we explain in our “Forex Signals – Auto vs. Manual” article. We prefer manual signals as we see more value in human intelligence than in artificial intelligence.

FOREX SIGNALS FOR TECHNICAL TRADERS

Some forex traders have the know-how to use technical indicators to analyze price action in currency pairs and discover unique trade opportunities. However, even if you have the expertise to perform technical analysis, it helps to follow and depend on forex signals as well. Forex signals based on fundamental analysis will help technical traders gain the complete picture before making important trading decisions. Knowing the fundamentals behind a sudden movement in the market can help you safeguard against some volatility and even be prepared for large moves that you can make more profits from. In some cases, technical may point to movement in a certain direction but the actual price action could diverge from what your technical analysis has uncovered. Depending on forex signals can also help you understand why the price action in a currency pair has gone the other way as your technical analysis and prevent possible losses.

 

FOREX SIGNALS FOR SCALPING

In the forex market, there are several strategies you can leverage to try your hand at generating profits. Scalping is one such strategy that lets you enter positions on a small timeframe, hold it for a few minutes, earn some pips and get out quickly. This is a good strategy to make the most of high volatility in forex markets, but is extremely time sensitive and needs you to get in and out of the market at just the right time. Forex signals are a useful tool if you are looking to try out the scalping strategy – they help you find potential trade ideas in large-range markets, at a time when markets are exhibiting thin volatility, or even when markets are trading with high levels of volatility. In addition, scalping forex signals can help you earn some pips even when you are unsure of how the market could move.

 

 

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