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In this section we answer questions most frequently asked by customers and visitors of our web site.
- How many signals do you send per day?
- What time do you send the trading signals?
- How can I receive trading signals to my mobile phone?
- Can I receive forecasts and trading signals to more than one email?
- Which trading platform can I use to benefit best from forex trading?
- On which trading platform do you set the trading signals?
- Can I use the daily forecast as a trading signal?
- Can I see an archive of your daily forecasts?
- Is the price your sent in signals (buy now /sell now) Bid or Ask price?
- Do you offer free trial services?
- While I place the trades the marked has already moved. What shell I do?
- Do I have to strictly follow your trading signals?
- Will my subscription automatically be renewed?
- Do you give follow ups on the existing positions?
- Why there is a difference sometimes in the prices you give and the market?
- Is your performance applied for specific margin used or number of traded lots?
- Why sometimes the forecasts/signals by email are delayed for long time?
- Why the the entry price in your forecast is away from the current one?
- Do you give any explanation/analysis why signals are send?
- Why I receive exit signal for already closed position?
- How can I use your signals for a set and forger strategy?
- Why do you sometimes send more than one exits?
- How do you analyze market and produce your forecasts/signals?
- Can I achieve the same performance as yours with your signals?
- Are the reviews at forexpeacearmy.com true?
- How many signals do you send per day?
Entry trading signals are in average 4-6 per day. But there may sometimes be exception to the above. We send up to 4
entry/exit signals at a time.
- What time do you send the trading signals?
We send signals whenever we decide that the forex market is suitable to enter into trading positions. Those times
are not defined, as the market itself isn't. Most of the signals we send from around 5.00 AM
GMT till 9.00 PM
GMT (times effective from 30 March 2009),
which covers the European and U.S. market sessions, but we may send signals during the Asian session too. When we
can we try to send signals earlier, so there will be enough time to give exit signals within the day.
You may refer to today's economic calendar (is you are a customer),
which is also included in the daily forecast we send, for times of major events, around which we may send signals.
You may also see our detailed signal records for times we have sent signals in the past, available in
PDF files here. Particular times when next day's entry signals
are expected are given only to our clients in the login area.
- How can I receive trading signals to my mobile phone?
To receive signals to your mobile phone you will need to give us the email to SMS, which would look
something like number@mobileoperator.com. You can ask
your mobile operator what your email to SMS is. We would recommend receiving signals online and by
a messenger, as sometimes delays for SMS deliveries occur.
- Can I receive forecasts and trading signals to more than one email?
We can send you Forecasts and News to 1 email, and Trading Signals in 2 different ways (to cover
internet delays), starting with the most recommended - online and messenger, online and SMS, online
and email, messenger and SMS, messenger and email, SMS and email, or 2 emails. Adding for you as a
subscriber every next online profile, email, messenger, or SMS way of delivery of Signals is charged
at half price of the subscribed service, as shown in the Our Fees.
- Which trading platform can I use to benefit best from forex trading?
In order to trade better, we would advice you to look for a good and suitable forex broker/trading platform.
Here we give you some useful advises when looking for such, and you can find
information on forex brokers/trading platforms with complete details by using the link/search engine provided there.
- On which trading platform do you set the trading signals?
We use a selected by us broker application with a 1-5 second interval professional chart, from which we pick the currencies
prices before sending the entry/exit trading signals. Normal spreads of 1-4 pips are taken into account, in accordance with
our terms.
- Can I use the daily forecast as a trading signal?
Please note that daily/evening
forecasts or analysis are not a trading signal. In the daily/evening forecasts
we give expected sell/buy trading range for the next session, or till next forecast/update.
And if the entry price in our forecast are away from the current one, that would mean that we expect the currency
pair to move to that point and from there to start its major trend for the day/evening. And if it does not reach
the price given, our advice is not to enter into position.
Depending on the forex market you can make and loose a lot from a daily forecast if for example the
market is volatile and active. The daily/evening
forecasts can give you an idea of the expected forex movements range, which for some of our customers is
enough to decide when to enter and exit the market themselves. But if you are new to forex trading we would
advise you to follow only our trading signals till you have a better
feel of the forex market moves. What we do is trying to gain more profit and less loss in pips, but the trader
must be able to do the money management, deciding when and how much to trade.
Please note that the free daily forecast is available on time to our
subscribers only.
When/if you become our customer, we will also give some more essential
advises to help you achieve better results from your trading.
- Can I see an archive of your daily forecasts/signals?
You can see an archive of our Daily Forecasts at the Daily Forecast page,
by browsing the calendar on the right. Evening Forecasts archive is
available to our customers only. The trading signals records in downloadable PDF files are available
at the Performance page.
- Is the price your sent in signals (buy now /sell now) Bid or Ask price?
When signal is SELL - position is SHORT, signal is BUY - position is LONG. In Forex Bid/Ask are SELL
and BUY prices, and SPREAD is the difference in PIPS, which for major currencies is 0.9-2.5 pips. When
you BUY you can only do at ASK price, and when you SELL, you can only do at BID price.
- Do you offer free trial services?
Unfortunately for the moment we do not offer free trial services, because we provide professional and low
cost forex forecasts and trading signals, which are incomparable with any other similar services, and our
priority is to provide good quality services to our subscribers.
- While I place the trades the marked has already moved. What shell I do?
Almost always when the signal is received you may enter/exit it into your deal station as market
order. Normal spreads of 1-4 pips are taken into account. If for any reason signal is delayed and/or
price has changed, our advice is to wait for entering/exiting at close position.
- Do I have to strictly follow your trading signals?
We send our trading signal with particular recommended Buy/Sell, SL and TP prices. You may follow
them exactly as they are, in conjunction with your particular platform spreads and prices, or you
may trade at a close or similar prices as you find best for your situation.
- Will my subscription automatically be renewed?
No, subscription is not automatically renewed and you credit card not automatically charged at the
end of your subscription period. When it expires, if you would like to renew it, you should choose
a period to subscribe to and make your online payment. We will also send
you a reminding email at the day your subscription expires.
- Do you give follow ups on the existing positions?
Every signal is given with a SL and TP, and unless we send additional exit (close) or change
signals, the current limitations stay. Our signals are given as they are. You may or may not
follow them.
- Why there is a difference sometimes in the prices you give and the
market?
There are few reasons for prices discrepancies. One is because of the fast changing and volatile
Forex market. Another is because everyone is using different platform, and we can not always match
the exact price of the currency pairs at the time of sending signal. Therefore sometimes there is
one or few pips, which could be in your advantage or disadvantage, which we know sometimes make the
whole difference between profit and loss.
- Is your performance applied for specific margin used or number of traded
lots?
The lots/margin/leverage to trade are up to you, the trader, depending also on the platform you use,
and they are not related to our performance in any way. Our results are in pips. What we do is
trying to gain more profit and less loss in pips, but the trader must be able to do the money
management, deciding when and how much to trade.
- Why sometimes the signals by email are delayed for long time?
Unfortunately we can not speed up email delivery to you, we send them on the spot, and from there
delivery is handled by email servers. But the actual real time signals we send, which are the main
part of our services, are sent and received immediately first online,
than by messenger (we recommend Yahoo Messenger). Email
sending of signals is not reliable, and it is used just as a second way of delivery for your records.
But it is up to you how to receive signals.
- Why the the entry price in your forecast is away from the current one?
If the entry price in our forecast are away from the current one, that would mean that we expect the
currency pair to move to that point and from there to start its major trend for the day/evening.
- Do you give any explanation why such forecasts/signals are sent?
No, we do not explain why/when we send/publish (or do not send) particular signals, forecasts, or forex analysis,
it is obvious that if/when we send/publish them, we expect the market to move that way (if we do not send any, we
do not wish to take any risks). Our trading signals/forecasts or analysis are our trading expectations and should
not be followed blindly. Our job is to send you our signals/forecasts, but you decide when and how to use them.
They are not negotiable, you may or may not use them.
- Why I receive exit signal for already closed position?
Signals are valid for open positions on platforms where SL/TP were has not been reached yet.
- How can I use your signals for a set and forger strategy?
When you receive our signals and set the trades into your trading platform, you may leave your PC,
but it is always advisable that you stay close by, in order to be ready to react in case new signal
is received. If you need be away from your computer, it is a good idea to receive our signals on your
mobile phone.
- Why do you sometimes send more than one exits?
The simple answer is for insurance. More than one exit gives our customers more and better exit options. Those who
wish to be more careful and watch the market, they would be able to choose where to exit, they will risk less and
profit less. Others may prefer to use the set and forget strategy, they may risk more (SL normally is 26 pips), and
profit more (TP normally is 50-60 pips). Multiple exits are also useful if you do not have time to stand on your
computer to exit earlier, or as positive warnings when you can exit with more profit, or hit SL respectively, if
you have more time to stay on your computer. Particular trading advises of
how to best use our services, including use of multiple exits, will be given to you when/if you
become our customer.
- How do you analyze market and produce your forecasts/signals?
Our analysts and forex market strategists are those who analyze the market technically and fundamentally, checking many
market oscillators and indicators on different chart intervals, than build probable scenarios and suitable strategies
for the particular case and time, the results of which are resembled in the forecasts/signals we provide our customers with.
In our technical analyses you may get some ideas on how we do that.
- Can I achieve the same performance as yours with your signals?
Our accurate and profitable performance does not mean that all of your trades will be winning trades. We use a
technical forecasting tool that is comprised of proprietary forecasting indicators that apply forex networks
to market data for the purpose of finding patterns and relationships between markets and then using this
information to make futuristic forecasts. Using these indicators each trader determines his/her own entries,
exits and stop placements which may vary from those of other traders due to differences among traders in trading
style, objectives, risk propensity, account size and number of contracts involved, thereby producing different
trading results from one trader to another. We give specific trading advices to our clients of how to best use
our forecasts and trading signals.
- Are the reviews posted at forexpeacearmy.com true?
Details of the issue with forexpeacearmy.com and its owner Dmitri Chavkerov (Felix Homogratus) can be found at the
fxm8.com forum.
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