Forex Signal Trading Example – What We Offer and How to Use It?

How to Read Our Forex Signals?

Our trading signals are highly profitable and delivered in such a way that anyone who uses our service has a much greater possibility of matching our results when compared to other similar services.

1. Order – Order number for future reference.

2. Time – Date&Time we placed the order (the orders are placed in our real-live account for tracking purpose). All orders are still pending for execution when we publish them through our trading signals service.

3. Type – For more information about Forex order types click here.

4. Lots – Order size (Volume), how much we buy or sell. The lot size based on 100:1 leverage in standard account. For example, if you want to purchase $100,000 of GBP/USD, the money required is 1%, or $1000. For further information go to Understanding Leverage & Margin.
   
   Please Note: This field is available only to paid members as part of overall money management strategy.

5. Symbol – The currency pair we trade, i.e. eurusd = EURO vs. US Dollar.

6. Price – The price we wish to enter the market (order execution price).

7. S/L ("Stop-Loss") – This trade exit price with loss. In case of trailing stop-loss this number will change automatically. So, the trade may end with profit.

8. T/P ("Take Profit") – This trade exit price with profit.

9. Market – Current currency pair market price when we placed this order.

10. Status – Order current status:
    a. pending - order is waiting for execution on the market
    b. close - order ended with profit or loss
    c. no trade - order canceled manually
    b. open - order (position) is open and trading on the matket

11. Profit – Net profit in pips (after broker's spread deduction).

 

SMS Trading Signal Format Time (GMT) Action "Lots" "Currency Pair" @ "Quote" SL "Quote" TP "Quote". Example (based on above trading signal) 2007.03.01 13:20 Sell 2.00 EURUSD @ 1.3171 SL 1.3195 TP 1.3079   *** Check SMS Coverage OR Send Test SMS