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Trade signals for swing or position trading was nearly non existent. We can say the bar has been set really low for forex signals providers and you could argue that almost no real signal services even exist. The paid forex signals providers we found in the google searches ranges from $40 – $200 per month, some provide signals for as few as 3 pairs. None of these paid signal services provided enough information on their website to figure out how the signals were actually generated. So determining if they are good quality, profitable signals was nearly impossible, and there is no way to verify if the signals are effective. Traders should ask a lot of questions and testing these signals providers with a demo account would be imperative. Some the paid services require that you open a trading account with them, implying that brokers or introducing brokers are behind the signals, and giving away poor quality signals is a front to get you to open a trading account to churn frequent trades. When you do find free or paid forex signals providers via web searches, here are some of the problems you will encounter: Generally, there will be no explanation of how signals are generated or any type of written documentation to describe logic behind the signals. You will be dealing with a total black box signal system, with no examples provided. Everything you need to understand the signals and how they work is simply not provided. Based on the signals we saw in google searches, we suspect that the signals systems we found are based on technical indicators, or some kind of front for brokers or introducing brokers IBs, where you must open a brokerage account to “qualify” to get the signals.

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It is probably easiest to remember this by looking at a currency pair and saying “1 unit of the base currency buys how many units of the counter currency?”.

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in law from Stetson University College of Law, and an M.

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There is also the problem of integrated products offered by the companies.

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I look at the various aspects of this researching a stock in particularparticularly the most powerful methods for those seeking investment success.