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which is the best site to carry out forex trading and who are the free signal providers in the fx market?

Public Response to which is the best site to carry out forex trading and who are the free signal providers in the fx market?

  1. If you are more of a chartist, FXDD or InterbankFX is recommended. Both use MetaTrader4 platform, best for technical analysis. Free signals, I don't recommend if you intend to trade for a living in future. A trader must immerse himself in order to understand the psychological side of this Forex markets.
  2. The "best" site to carry out Forex trading depends on the trding style that you wish to employ. Technical trading involves the use of charts, indicators, oscillators etc. You need to be able to dedicate a fair amount of your time in front of the computer and you need to study everything you can to learn the nuances of the Forex market aand price action. I do not recommend free signal services....you get what you pay for and any successful technical trader pays for quality resources. Fundamental analysis involves the anticipation and trading of news releases and geo-political impacts. This also involves a fair amount of studies and a good, reliable, instantaneous news feed.....these are also not free. Some of us prefer a simpler, more conservative approach to Forex tarding by utilizing a hedge trading strategy. We don't use charts, indicators, expensive software, signal services or news feeds. It is a fairly boring way to participate in the Forex arena and once we enter our position we simply spend about 30 minutes a week "managing" our account. I guess the best thing that can be said about this form of Forex investing is that it is a conservative approach that can generate consistent, attractive monthly returns as part of a long term investment strategy. Paul
  3. Using the Mtpredictor's technical analysis Elliot Wave Principle software, Bsmtprediction provides Forex Traders with FREE access to AUD/USD, EUR/GBP, GBP/USD, EUR/USD, NZD/USD, USD/CAD, USD/CHF, EUR/JPY, GBP/JPY & USD/JPY daily currency forecasts through this website. At Any Time / Any Day (we'll straight away post the signals here in real-time if there's any triggered) 1 hour, 4 hours & daily time frame forecasts are published on this site. The predictions are good from the moment they are published until either it reached the take profit target, hitted the stop loss or another new prediction of the same currency & timeframe unveils on the same / following day. Essentially, the prices shown are for an unknown period.. That's why we encourage you to subscribe our FREE Google Groups newsletter to get the latest signal updates sent to your e-mail from the very 1st minute it surfaces the net..