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Forex Signals

Forex Signals

Forex signals are, essentially, trade ideas indicating the market trends in real-time. Therefore, a forex signal refers to a recommendation to enter a Buy/Sell trade on a particular currency pair, commodity, or index at a specific price and time by a signal provider that can be a forex trader or an analyst.  Most forex signals include the position type (buy or sell) as well as the take profit and stop-loss levels.

MY 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. Benstride 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. I offer 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 Benstride.

In addition, I do also publish the latest analysis to explain the idea behind the signals I publish. These analysis articles will help you develop your skills in trade forex and commodities with greater confidence.

FOREX SIGNALS PROFIT/LOSS REPORT

Every week I offer offers a comprehensive profit/loss report detailing the performance of all the forex signals I publish a service exclusively available to my 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 of the performance of my forex signals.

TRADING ALERTS

Free members will receive a signal or two in a day in the telegram channel while premium members, will receive an email, telegram, WhatsApp, or SMS notifications on your mobile phone so you never miss a trade. Additionally, you will instantly receive the full signal details which include the time the signal was issued, entry price, the instrument to trade (forex pair/commodity/index), type of signal (buy/sell), and the take profit and stop-loss levels.

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. I am a professional trader and analyst and I generate new forex signals every day.

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

FOREX ECONOMIC CALENDAR

I use Investing.com’s economic calendar to keep us 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.

HOW TO USE MY 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.

My forex signals are essentially trading 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.

This is what an “Active” (or “live”) signal and a “Get Ready” signal looks like:

Forex Signals Screenshot

FOREX SIGNALS FAQS

In addition to Active signals, I sometimes notify my traders to get ready to trade a certain trade. This type of signal is published to let traders know when they see a favorable technical chart setup or fundamental event and are about to open a live signal.