Forex Trading Signal Companies

[scubamaz]

Are there any good ones out there? Can any one suggest a company that has been working for them? I'd like one that gives out precise entry/exit/stop loss.

Thanks!

[pipbull]

FXMaster is probably the most honest provider out there. All the results that are posted are real time, not simulated historical trades. They are profitable by far but they can go through some pretty heavy consecutive losing streaks.... When i used to be a member i sustained 9 losses in a row and i think they have even gone as high as 12 in a row. But they always seem to make it back.

They offer precise entry, exit and stop loss points and they are all entry orders so there is plenty of time to put them in your platform.

All that being said, however, i personally would recommend against using any provider. Despite the fact that these guys are honest, you are essentially relying on someone else to pave your way to success. Many people see providers as the easy way out but there is no substitute for hard work, study and dedication to learning this craft yourself. The fact of the matter is when these guys go into heavy drawdown, it is very easy to get emotional because you don't understand what is happening behind the scenes. I found it impossible to stick to something i did not fully understand, especially during the tough times.

Building your own system and analyzing the market for yourself is really the only way to stay confident during the ineveitable rough patches

...just my 2 cents

[topgun]

We'll said. I couldn't agree with you more. It would be no fun losing or winning when your relying on someone else.

"Give a man a fish, he'll eat for a day. Teach a man how to fish, he'll eat for a lifetime."

Originally Posted by pipbull

FXMaster is probably the most honest provider out there. All the results that are posted are real time, not simulated historical trades. They are profitable by far but they can go through some pretty heavy consecutive losing streaks.... When i used to be a member i sustained 9 losses in a row and i think they have even gone as high as 12 in a row. But they always seem to make it back.

They offer precise entry, exit and stop loss points and they are all entry orders so there is plenty of time to put them in your platform.

All that being said, however, i personally would recommend against using any provider. Despite the fact that these guys are honest, you are essentially relying on someone else to pave your way to success. Many people see providers as the easy way out but there is no substitute for hard work, study and dedication to learning this craft yourself. The fact of the matter is when these guys go into heavy drawdown, it is very easy to get emotional because you don't understand what is happening behind the scenes. I found it impossible to stick to something i did not fully understand, especially during the tough times.

Building your own system and analyzing the market for yourself is really the only way to stay confident during the ineveitable rough patches

...just my 2 cents

[honeb]

a few years ago i used to trade with TAPPS. it was an OK program but i never found it profitable. this wasnt because it was a bad system but because i never trusted the signals enough to make a trade. i couldnt use any leading or lagging indicators to justify the entry and exits. anyways, i quit tapps and started using free signal services to help me determin if my own trades where heading in the right direction and this is what i found profitable.

but if you rely on others to give you signals then you miss out on learning through your own experience. there is not book, program, charting service, signals service that will give you the same knowlege and solid foundation as your own cold harded experience. when you rely on others you put yourself at a disadvantage. cause what happens if these programs and signals just stopped coming? where would you be then? you only really start to develop the mentality of a successful trader(which you need to succeed) when you stop asking for someone else to do the work and you start asking " how do i find the signals for myself?"

[scubamaz]

TO ALL….Thanks for your prompt and polite reply. THANKS... I'm starting to day trade the FX. So I "can't" swing trade as it would / could influence my perception... I'm just looking for some legitimate signal companies. I would like to “diversify". By knowing of a good / legit signal company. This is the info I have gathered so far:

www.collective2.com seems to be really good at least on the surface -
As I have no way to know if way they represent is really true.

www.forexbastards.com is similar in style but "looks" kinda cheese

www.forexbastards.com says that…..

www.topforexreview.com is not legit.... they do give free signals but it does not "feel" right...

they,,,,www.topforexreview.com recommends www.blackswantrading.com I lost over a grand on there FREE advice. But others have said they are good!?!

And then there is forexfactory.com not sure seem good.

that's my 5 cent!

PLEASE NOTE: I am neither propping nor condemning anything I’m mealy on a ‘FACT FINDING” mission!

ANY AND ALL COMMENTS WELCOME!

[honeb]

fxstreet
forexguru (or was it fxguru?)
finrise
cashmonsterz (dont know much about this one)
fxtoday (becareful with this one. alot of popups and garbage)
fxcm has free signals on their platform (check demo accounts for brokers that give free signals)


check these out and see what you get. ive yet to find the perfect signal program. i just dont like trading with them cause i dont like giving up control. but i do feel good when my own signals match theirs.

[forexcranium]

Originally Posted by scubamaz

Are there any good ones out there? Can any one suggest a company that has been working for them? I'd like one that gives out precise entry/exit/stop loss.

Thanks!

I think buyforexsignals is pretty decent...and gfsignals are reliable. Are you looking more for the numbers, or also an analysis of the trade?

[ramrocket]

Again. Do it yourself. Take the time, the pain to learn and trade the market and have total control over your $$$. Once you got it, your knowledge becomes invaluable. Your knowledge will turn into a "cash cow" that makes money everyday over and over and over...To me that is power

[srg100]

I use Dashboard FX for most of my entry signals. Their signals are as good as mine but I cant seem to watch 5 currency pairs. They add sort of a trading room environment to my daytrading approach. I just recently added this service after spending years developing my own trading systems. However I do not use their exits or any other mechanical exit. My exits are mainly discretionary and Im not sure I can explain my exits. But it works for me......maybe after analyzing a million or so charts...its just a feeling.