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Get free forex signals from these reliable sites

Get free forex signals from these reliable sites

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Most times newbie traders don’t even know when to enter and exit the market. They keep on losing their funds because they’ve not learnt the basics of forex trading.

reliable free forex signals

This has led to many forex traders searching for forex signals most especially, the free forex signals.
In a simple definition,

A Forex signal is a suggestion for entering a trade on a currency pair, usually at a specific price and time. The signal is generated either by a human analyst or an automated Forex robot supplied to a subscriber of the forex signal service. Due to the timely nature of signals, they are usually communicated via email, website, SMS, RSS or other relatively immediate method.


There are both paid and free forex signals. I keep on wondering why a trader would pay for a forex signal that’s been offered free of charge by other forex analysts. Anyway, one huge difference between the paid and free ones is the quality of the signals; while the free ones might get your account blown up in a couple of days depending on your account equity, the paid ones will make sure you get a profitable account portfolio. This is because the paid companies sending out the signals do actually analyse, critique and evaluate the signals before they are recommended to you. That’s why we recommend paid signal services like forexsignals.com which is the cheapest paid forex signal service available right now.
Anyway, i’m focusing on the free forex signals in this article.

I’ve decided to publish this post on where to get free forex signals because i noticed that many forex traders especially the beginners find it difficult locating the best signal providers.

List of the best free forex signal providers

 

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Note: If your language is not English, you should use the language dropdown menu at the top of their page to select your language.

  • forexsignals-approved

    ForexSignals.com : (#1 Service, Most Recommended)

This is our #1 recommended free forex signals service. We have been using the signals from the forex signals group monthly and they have proven to be trustworthy and reliable. The signals are generated by professional traders and rated good or bad by traders like you so you will know which exact signal to go for rather than thinking about the best signal to copy to your trading platform. Click here to read more about the forex signals , please do so here, otherwise go straight to their site and start using these accurate winning signals to get monthly profits.

  • Actionforex:
I have been using Actionforex free signals to trade for years now and they’ve proven to be quite reliable. Whether you’re a long term or short term trader, you’ll benefit from Actionforex’s free signals.
If you’re a short term trader, you can use their intraday free forex signals. For long term traders, you can use either their Candlesticks or Elliotwave weekly forex signals.
Not only these, you will also have access to free in depth technical analysis of most of the currency pairs.
If you want to use signals from Actionforex, just ensure you keep to the date and time they publish the signals on their site.
Free forex fundamental analysis is also not excluded from Actionforex. Their forex analysts provide you with up to date news about major currency pairs and when to trade the pairs.
  • Dailyforex:
Dailyforex also provides free forex signals and technical analysis.  You can always benefit from these signals by knowing the right time they publish the signals.
Dailyforex provides signals on only the major currency pairs but their signals are 80% accurate most of the time.
Signalfactory provides free forex signals via their twitter page.  You have to follow @signalfactory to receive their free tweets on when to enter and exit the market for the various currency pairs.  As with others, they provide the recommended entry price, take profit and stop loss prices.
I like Signalfactory’s service because it’s free and they tweet on most of the currency pairs, so you chose the ones to enter and leave the rest.
Tip: If you want to receive their tweets via mobile, just go to your twitter settings, enable mobile notifications and also activate the mobile notifications for @signalfactory.
  • FreeForexSignal:
They created their site primarily to provide free signals for their users. They publish their own signals in blog posts everyday. They also provide technical analysis for their chosen pairs, trading recommendations.
You can also see the trend direction for short term, medium term or long term traders.
 
Others:
  • Gainscopefx and letsfx:
I use these sites to confirm if the trading recommendations from the above sites are real. I will then enter them in my meta4 platform.
While  letsfx provide you with free technical analysis for a particular currency pair without the entry and exit points, Gainscopefx gives you their own recommendations on when to enter and exit the market i.e. the entry point, TP and SL prices.
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3 Replies to “Get free forex signals from these reliable sites”

  1. I am very happy .. as i am new in Forex trading so i was searching such type of information,, and know all of answers of my Questions has found here.. thanks alot to this website owner. hope you will further update and share your knowledge to new comers . wish you best of luck.

  2. The free commercialism signals should have an honest risk-reward quantitative relation. Low risk investments with high potential for rewards ought to be its priority. The advertising success rate of excellent free alerts or signals ought to be realistic. aren’t getting conned by claims of high winning rates as they’re typically false. There area unit package that bring home the bacon that standing however they’re terribly rare and may be terribly costly. Reliable free signals tell you ways they earn cash by property others use their program. If they will and can then you are lucky to own found them.

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