Easy-to-Use Trading Signals
Trading Signals are trade setups with detailed information to help you place and manage trades from start to finish. One of the biggest challenges that many traders face - newbie and experienced - is finding trading ideas. So it's no wonder that the DailyFX PLUS Trading Signals is one of the most popular services at FXCM.
The trading signals show you:
- Buy and sell ideas for specific currency pairs
- Suggested prices to enter each trade
- Where to set your protective stop orders
- And where to set your limit (take profit) orders
Finding a trading opportunity doesn't have to be a challenge!
The Trading Signals are fully automated. That means there aren't any signals based on human emotion. As you may know, human emotion can often be a detrimental component in trading. Many traders have the skill to develop a reliable trading strategy but they often lack the discipline to stick with it fully. Therefore, relying on a strategy that is fully automated ensures that you stick with the "original game plan" by maintaining an objective approach.
What the Analysts Say
In addition to the objective trading setups, you'll find subjective analysis of each signal provided by a DailyFX analyst; so there is a human element here too. The research team at DailyFX developed the trading strategies that power the Trading Signals, so they understand them really well. This allows them to provide commentary to you that supports or opposes the signals. For example, if a major economic event has recently taken place, or is soon to occur, they may have foresight that suggests avoiding a particular signal. At the same time, they may find a signal to be highly appealing because of additional research that supports the trading idea. Either way, the knowledge and experience they bring to the table can be highly advantageous.
The Special Ingredient
Market Commentary: Any opinions, news, research, analyses, prices, or other information is provided as general market commentary, and does not constitute investment advice. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Educational Videos: All videos are provided for educational purposes only and clients should not rely on the content or policies as they may differ with regards to the entity that you are trading with. Further, any opinions, analyses, prices, or other information contained on this website is provided for educational purposes, and does not constitute investment advice. FXCM will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.