| The Forex Signals: What Are The Signals Like To Trade? |
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| Written by Edward Lomax |
| Friday, 18 June 2010 07:17 |
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The Forex Signals, created by Tom Strignano and Vladimir Ribakov, is an exciting Forex signals, trading tool and mentoring service unique in the world of Forex. Both traders work independently to give the best signals, tools and mentoring to the members. Nothing like a friendly competition to bring out the best of each trader.
The Forex Signals, created by Tom Strignano and Vladimir Ribakov, is an exciting Forex signals, trading tool and mentoring service unique in the world of Forex. Both traders work independently to give the best signals, tools and mentoring to the members. Nothing like a friendly competition to bring out the best of each trader. In essence, you get DOUBLE of everything. You get TWICE the trading signals, TWICE the tools and TWICE the mentoring. And since each trader has their own way to trade and look at the market, you are twice as likely to find something that helps you become a more profitable and consistent trader. Let's take a look at some of the differences between Tom Strignano's Forex signals and Vladimir Ribakov's Forex signals. Characteristics Of Tom Strignano's Forex Signals I have a lot of experience with Tom Strignano, so I understand fully how his signals work. You are given direction, entry, stop loss, market exhaustion and different "target" levels. Unlike other signals, these target areas are not necessarily where you take profit or close your trade, they are used to measure momentum. Getting a signal from Tom is already a strong reason to trade a currency in a certain direction. But you use the market exhaustion and target levels to CONFIRM price will continue to move in this direction and therefore look at these levels to make important decisions. For example, if price blows past these levels you know you are in a good trade. However, if price stalls at these levels, you might want to scale out of the trade of exit the trade all together. Characteristics Of Vladimir Ribakov Forex Signals I am very impressed with Vladimir, even though I have less experience with his trading methods. With Vladimir's signals you not only get the entry, stop loss and 2 target levels, but he provides a CHART so you can see exactly why this signal was called. This allows you to not only be alerted to great setups, but learn the method behind the signals as well. Vladimir likes to take 80% profit at target 1 and let the last 20% run for as long as possible. This is a great way to keep your win rate high while still taking advantage of strong trends that yield high profits. One of the things that is interesting is Vladimir also gives a time period where the signal is invalid if it has not hit target 1. (This keeps you from getting in too late or staying in the trade too long). If something changes about the trade signal once it is given, Vladimir uses email or SMS to make sure you know about it and what he suggests you should do, like close the trade. The Forex Signals Is Like TWO Forex Signals Services In One Getting access to both Tom Strignano's and Vladimir Ribakov's Forex signals not only gives you plenty of excellent trading opportunities, but you really learn how to trade Forex like the pros. You not only get buy and sell signals, but you learn the WHY behind signals themselves. Understanding the signals you are trading is a great advantage to your success, and a characteristic you don't see in many Forex signals services. DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. The Forex Signals puts two professional Forex traders in your corner who provide signals, tools and mentoring. I've created a Forex Signals Bonus to make sure you go through the step-by-step process that leads to success. |