What is a forex trading signal?
A Forex Trading signal is a suggestion in forex trading in order for entering a forex trade on a fx currency pair, usually at a specific price and time as with FxPremiere Group at around 3PM Swiss Time Frame. The forex signal is generated either by a human analyst or an automated Forex robot subscribers worldwide of the forex signal service. With FxPremiere Group sending out Manual FX Signals via SMS & Email daily.
What is a signal in trading?
Trading Signals are forex trade set ups with detailed information on how to place onto a platform like metatrader 4 to help you place and manage trades. One of the biggest challenges that many forex traders face newbie and experienced is finding forex trading strategies ideas. So it’s no wonder that the FxPremiere Group Trading Signals is one of the most popular services used alongide FXCM. IE FX Dollar moves then a forex signal is sent.
What forex trading is all about?
The foreign exchange market (FX, forex, Capital Markets or currency market) is a Global market for the fx trading of currencies and commodities. This includes all aspects of buy, sell and exchanging currencies at current or price feed seen by each broker in FX prices.
What is a Pip in forex trading?
A pip is a number value in decimal point. In the Capital Forex market, the Forex value of currency is given in pips. One pip equals 0.0001 in decimal placement, two pips equals 0.0002 in decimal placement, three pips equals 0.0003 in decimal placement etc. One pip is the smallest price change that a forex exchange rate can be. Most currencies are priced to four numbers after the point.