Forex trading signals are just trade ideas that another trader alerts you to at any particular time. They are useful for both new traders who can instantly start to follow professional traders and the calls that they make, as well as for diversifying an already profitable trading account.
Normal forex signals include a buy or sell price, a stop loss level and a level at which to take profit. They can be as simple as a single line of text and can either automatically execute on your behalf or allow you to decide if you want to manually enter the trade after receiving it.
On the Vantage FX MT4 platform, you have literally thousands of free forex trading signals at your fingertips. Just click the signals tab at the bottom of your platform, select the forex signal of your choice and subscribe. It really is as simple as that!
Just keep in mind that you don’t always have to follow the forex trading signals that you receive exactly as they are sent. Forex signals are essentially just trading ideas and should be treated as such.
If your trading strategy requires you to follow a certain risk management profile which doesn’t fit in with the signal, then simply ignore it. There will always be another trade waiting just around the corner.
Likewise if you own trading strategy points to the market running further into profit that the stop take profit level on the forex signal, you don’t have to close the trade just because it tells you to. You are still in full control of your account and at the end of the day, it is your decision when you choose to close a winning trade.
Take a look at what some of our clients are saying about MT4 forex trading signals:
Client Recommendations for Forex Trading Signals
“I couldn’t be happier with the MT4 forex trading signals that I have been following. I managed to get long EUR/USD right at the bottom of the trend and continue to hold my position riding it all the way up to the top!”
“The forex signals that I’ve been following through my MT4 signals tab have been better than I could have imagined. I’m continuing to learn to trade myself but in the meantime, it’s great to be making some real money.”
“After trading your free forex trading signals for a couple of weeks now, it’s so far so good. I really couldn’t believe that a trader would give away their trading signals for free and they’d still make money. I want to thank Vantage FX for showing me how to access forex signals through MT4.”
“I’m leaving this review as a thank you to Vantage FX for the ability to trade professional trading signals on my MT4 account for free. I recommend the MT4 forex signals to all my friends who aren’t making money from their own analysis, so I’m happy to recommend it on your website. Thank you!”
Click the free forex trading signals tab on your best MT4 broker platform and start making money from professional traders today!
Source: Vantage FX Blog