Forex Online Signals — Signal Provider Review
December 28, 2008
Came accross another Forex Signal Provider site called Forex Online Signals. The question remains however, Forex Online Signals, are they just a good promotional program or are there signals effective enough for regular traders like you and me to be profitable?
Forex Online Signals offers a few things that set them apart from the rest. Most important of these is the fact that you pay only if they give out a signal. Some days, a signal will not be sent. This allows (in my opinion) for them not to feel pressured to always be giving out a signal every day (like ForexProIndicator) because, quite frankly, there isn’t a trade every single day, maybe once a week, and this is what I like most about Forex Online Signals. Moreover, they have a point system rather than you paying for each signal cash, you buy points and use those as you go along.
A few members of the Forex Forum I belong to has long talked about a Forex Signal Provider that would ask for compensation as a trader goes along rather than a huge chunk of money at the beginning of a month and not really leaving we, the traders, with a confident feeling that we will get what we paid for.
So, after reviewing Forex Online Signals, I will give them a thumbs up or down, depending on how it really goes. I have belonged to Signal Providers before that send out signals that do not result in profitable trades even though their system says it was profitable for them. Another thing to look out for when trying out Forex Signal providers.
I’ll keep you all posted! Happy trading.
June 6th, 2009 at 11:40 am
Hi There, the only forex signal company which is actually
not a scam and which doesn’t take a leg is Forex Ambush.
You should have a look…
Cheers, Samuel.
May 28th, 2009 at 7:11 am
“Selling can be either starting or ending a trade so that statement makes no sense” << THAT makes no god damn sense. I’M TELLING YOU THAT THE SERVICE I SIGNED UP FOR WOULD SEND OUT A SIGNAL AT 12AM BASED ON THEIR ANALYSIS OF PRICE ACTION UP UNTIL THAT POINT AND HAVE US SET BUY AND SELL STOP ORDERS IF THEIR LEVELS ARE HIT. SOMETIMES THOSE LEVELS WEREN’T HIT UNTIL HOURS LATER, SOMETIMES NOT AT ALL!!! So STFU, next time you step, step correct or don’t step at all. Pickle smoocher!! what an asshole.
May 28th, 2009 at 6:55 am
Besides, I get more money from YOUR mother from our weekly Thursday Night Rump. She pays top dollar! Lonely woman…
May 28th, 2009 at 6:53 am
Call me an idiot all you want. From the time they make their educated guess (hours before) market conditions usually change and those levels aren’t always the best trade compared to a signal provider that can send out signals instantly or even trade our account for us with the click of a button. I’m just telling you what i experienced with that type of signal provider and i doubt its profitable for many other people EXCEPT the signal provider charging $100 x 100, 200, 500 users per month! THATS where the money is it seems like, charging for signals.
May 9th, 2009 at 7:35 pm
Lio you’re an idiot. When they give you a sell price it’s based on the way they analyze the market, it’s an educated guess not just a random number. How were they giving you sell prices hours before the trade took place? Selling can be either starting or ending a trade so that statement makes no sense.
The way you composed your reply makes you seem like your 12 and purchasing forex signals with your allowance money from mommy.
There is one thing I agree with you on though. I have heard this signal provider is garbage, mainly due to lies about past their performance.
May 8th, 2009 at 7:40 am
Remember, trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
February 26th, 2009 at 6:33 am
Forex signal will be best indicator. Others input about fx product info, can give more advantage trading choice.
February 18th, 2009 at 6:48 pm
great info..thanks for sharing..
February 13th, 2009 at 2:00 pm
I know, I’m inclined to never trust a Forex Signal provider again. The last one I used charged $100 a month for their best guesses it seemed like. They would say if price hits XXXX then sell. But sometimes hours before the trade takes place, like, what is this based on? It’s just a guess. And that’s the trick it seems, some peoples’ guesses are better sure, but they are just guessing!!! You can do it yourself for free!!!