7
Jun

Are forex trading signal software reliable?

   Posted by: golferboy   in Investing

lamb2light questioned:


I’m new to forex trading and want to know if there are any reliable forex trading signal software out there?

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This entry was posted on Sunday, June 7th, 2009 at 7:30 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

5 comments so far

 1 

The Secret Affiliate Code!

Yes, there are a few reliable forex signal software in the market. If used correctly, they can be quite accurate. I got mine from I found that it’s more reliable with the 4 hr charts and used together with support and resistance lines.

June 8th, 2009 at 4:56 am
 2 

Water 4 Gas. Really?

This is probably the most efficient market on the planet, and any canned software program is likely to be unreliable. Without scale, it is very hard to trade profitably on a consistent basis in forex. Even some honestly large banks have closed down their currency trading operations as spreads have become razor thin with the advent of electronic trading. My advice is to find a less efficient market, or at least somewhere where you will have an edge. But, for my 2 cents on trading platforms, Wealth Lab is useful for back testing strategies, and Ninja trader is a very excellent execution platform.

June 8th, 2009 at 4:52 pm
 3 

Make Automated Membership Sites in Just Minutes with this Software!

It is always best to learn how to really trade than it is to pay for signals. If a trader is so fantastic why the hell would he need to sell signals? If the trader is really a excellent trader he would not need to be making an income selling signals to new traders. Some of the sites I recommend you check out for free education.

Forex 4 Noobs has a chat room (it is free) the owner is often in the room and he alerts us when he gets into a trade.

Babypips is fantastic for basic education.

Forexfactory has a large forum but honestly you learn a lot more stuff in the Forex4Noobs and BabyPips forums.

Don’t pay for signals learn to trade!!

June 9th, 2009 at 8:17 pm
 4 

Water 4 Gas. Really?

Hi Lamb2Light,

If you’re talking about signal services, there’s one caveat I’ve to warn you about. Sure you can find excellent/brilliant signal services but here’s the question … what happens when the guy providing signals is really gone for one reason or another? Is that what you would call reasonable?

On the other hand, I strongly suggest that you take a look at non-blackbox trading systems that have proven to perform well in the forex market consistently and that don’t cost much. LondonWhisper is an example of that.

If you’re really committed to profiting from the market consistently with a reliable and well thought out mechanical system, then waste no time in heading over to

The system is backed by not just a 100% guarantee but a 110% moneyback guarantee so you’ve simply got nothing to lose.

Hope that helps buddy! =)

June 11th, 2009 at 12:57 am
 5 

The Secret Affiliate Code!

Most of the software are not reliable, but there are a few that could make you money. here you can find some Forex softwares rated. here you can find more and more Forex products rated.
Excellent luck.

June 11th, 2009 at 3:28 am

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