What Is Forex Trading?

Forex trading is nothing but the exchange of currencies you do while traveling to another country. The exchange rate fluctuates continuously which depends upon the demand and supply. Forex trading is a 24 hours market from Monday to Friday. The entire forex market is controlled over the counter, which means there is no physical exchange. The major part in the forex is controlled by institutional traders such as big banks, multinational fund managers, or big corporates.

#1 Accurate Forex Buy Sell Signal Software in India

The existence of proven best Forex indicators implies the forex market is not a random walk, as some economic theories contend. And the flaws of the human psyche mean that markets do not always behave rationally. Forex markets have a tendency to behave in certain ways under certain conditions. And understanding these crucial conditions is the key. With our forex buy and sell signal software, we assist you with these metrics.

Follow The Steps Below To
Trade For Buy Call

Take an entry when all the below conditions are matched
  • SkyBlue Arrow or Green Upward Arrow
  • Green Dotted Line Above the Target
  • Volume Trend Line Below the Zero Line Should be Green — and Green Solid Line
  • Green Arrow Call Should be Generated Below the Orange Lines
  • Volume bar in Green

Follow The Steps Below To
Trade For Sell Call

Take an entry when all the below conditions are matched
  • Purple Arrow or Red downward arrow
  • Red Dotted Line Below the Target
  • Volume Trend Line Below the Zero Line Should be Red — and Red Solid Line
  • Red Arrow Call Should be Generated Below the Orange Lines
  • Volume bar in Red

How Currencies Are Traded ?

There are more than 160 currencies around the world; each curry is assigned a three-letter code. The U.S dollar plays a major role in forex trading and is involved in most of the currency pairs and the second most known currency is EURO.

Winning strategy for trading

With our reliable forex buy sell signal trading strategy in place, none of your trade will lead to losses. Bottom line, no more averaging out on your profits, and you will be able to see each trade as part of your profit making marathon.

Time Frame

Time frame between Five and fifteen minutes charts will be good for the one who is ready to close the trade without exposure to the overnight risk. But if you are willing to make a big profit then weekly and daily time would be better to get you earn  humongous profit.

Patience

It’s very important to know what your system indicates to you. To take entry or exit, you need to have some patience for the system to indicate you. Don’t make any decision in a hurry. The market is not going anywhere so better to wait for the right time to take an entry than to regret it later.

Realistic Expectations

However, sometimes the market can make a bigger move than you expect, so being realistic means you can not make $2000 profit with the investment of $300 in each trade. Playing  with proper stop loss and targets can ease your trading journey, so keep your target realistic.

Trading Software

Risk control leads to a successful trader. Making a proper entry into the trade and taking profit at the right time can help you in building a stronger portfolio. Manual trading can lead to big losses so it’s better to have a good buy and sell signal software to earn decent profits.