Currency Trading Information

Forex Signal Services


What are Forex signals? Forex signals are paid services offered by some brokers and independent Forex annalists. Companies that offer forex signals monitor and analyze the market for you, providing you with their data via desktop alerts, email or even SMS and pager alerts.

Forex signal services analyze several factors when preparing their data. They do a technical analysis of market conditions and use a combination of indicators to identify trends and isolate profitable entry and exit points. They then send you the results via the venue of your choice and you can choose to use the signal in your own trading, or pass on it.

Most forex signal services offer signals for only a handful of the most popular currency pairs, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF. Occasionally, you can find specialty services that offer signals for other lesser traded pairs. Forex signals can be costly, even upwards of $100 / mth. The benefit of subscribing to such a service is that they analyze and crunch the data for you, saving you time. It should be noted, however that using a signal service is no substitute for a proper education in the Forex markets. Signal services give you data, you still need to know what to do with it.

When shopping for a signal service, make sure that they provide you with historical data so that you can see their track record for yourself. Remember, that like any trader, Forex signal services also have loosing trades. You shouldn't expect a signal service to be a sure ticket to instant Forex wealth, but rather look at them as another tool in your trading toolbox.

For more articles and information on Forex, visit: Forex Training. For Forex Signals Resources, visit: Forex Signals


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Two Principals of Foreign Currency Trading Firm Sentenced for $17 Million ...
LoanSafe
by Evan Bedard on February 3, 2012 in Scams (Source: FBI) – CHICAGO—Two principals of a foreign currency trading firm that collapsed in 2007 were sentenced to 17 years and 12.5 years in federal prison, respectively, after pleading guilty to fraud ...
2 sentenced for stealing millions in fraud schemeHarrisburg Daily Register
Feds: 2 sentenced for stealing $17 million in fraudChicago Tribune

all 33 news articles »


Argentina Sends Tax Agents to Control Currency Trading
Wall Street Journal
Afip said that one well-known currency trading business, Banco Piano, refused to let inspectors do their job. As a result, Afip officials interviewed Banco Piano customers outside three of the company's branches. The government will fine Banco Piano ...

and more »


FOCUS: Technology Buoys Retail Currency Trading, Reshapes Old Models
Wall Street Journal
By Eva Szalay Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Retail foreign-exchange trading is emerging as one of the biggest growth areas in the currencies space, and some of the trading firms that facilitate these flows are building up a whole new ...

and more »


Morgan Stanley Currency-Trading Head Stephen Mettler Leaves Bank
BusinessWeek
By Michael J. Moore Jan. 26 (Bloomberg) -- Stephen Mettler, who oversaw Morgan Stanley's interest rates and foreign-exchange trading businesses, has left the bank. Mettler, who joined the firm in 1997, retired, according to an internal memo obtained by ...

and more »


The Daily Star

Iran bans foreign currency trading on the street
CBS News
Ebrahim Darvishi said authorities were monitoring street vendors and currency trading operations, in what was the government's latest effort to shore up the currency which was being traded on the open market at rates differing from those set by the ...
Iran bans foreign currency tradingBusiness Recorder (blog)
Iran's CB forbids foreign currency trading outside banksMiddle East North Africa Financial Network

all 141 news articles »


Daily Monitor

Weighing currency trading options
Daily Monitor
The use of leverage in currency trading is perhaps the biggest source of opportunity and stunning returns but also a significant source of investment risk that traders must know about. The commonly presented picture of glowing investment performance is ...



Evening Standard

Swiss bank chief quits after currency trading scandal
Evening Standard
The head of the Swiss central bank today dramatically resigned in a bid to end the foreign currency trading scandal that has shaken the institution to its core. Philipp Hildebrand has been under pressure to quit since it emerged last week that his wife ...
Hildebrand steps down as head of Swiss Central BankVancouver Sun
Swiss central banker quits over currency scandalCitywire.co.uk
Hildebrand Floored, So Is Swiss FrancWall Street Journal
San Francisco Chronicle -The Independent -Calcutta Telegraph
all 1,054 news articles »


CNBC.com

Euro Fails To Crack $1.32 – Greek Tragedy Enters Final Act
TheStreet.com
CV DailyFX is the forex news and research arm of FXCM, Inc (NYSE: FXCM), which provides currency trading and brokerage services and is an advertiser on TheStreet websites. Any opinions, news, research, analyses, prices, or other information is provided ...
Dollar erases gains against euro after US jobs reportWashington Post

all 189 news articles »


Daily Monitor

Currency trading mystery unearthed
Daily Monitor
Sometimes, however, the opportunities are about obscure pursuits like mining, oil exploration, or in this case currency trading. Over the last year or so, currency trading with the promise of lucrative returns has taken Kampalans by the storm.

and more »


When Will The Kiwi's Remarkable Run End? Now.
TheStreet.com
CV DailyFX is the forex news and research arm of FXCM, Inc (NYSE: FXCM), which provides currency trading and brokerage services and is an advertiser on TheStreet websites. Any opinions, news, research, analyses, prices, or other information is provided ...

and more »

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