Looking for free Forex and Bitcoin signals you can trust? At AtoZMarkets we provide daily reliable signals for the major currency pairs, Gold, Crude oil, Bitcoin and select list of other trading instruments. Get Daily Free Forex buy and sell signals now!
What are Forex Trading Signals?
Forex trading signals help traders all over the world like a shortcut. Instead of going through what 95% of the traders go through, using trading signals traders get to mimic professional traders. Therefore, signals are one of the most important tools for Forex traders.
There are different types of forex signals:
- Copy-trading signals – where you don’t have to do anything, you will be the slave of the master account;
- Pop-up signals – where you have to accept or decline;
- Informative trading signals – where you are being explained why you are supposed to enter that trade;
- Fake signals with get-rich-quick offers;
Many “smart” failed traders will often try to sell signals for a fee. There are also some signals appearing free of charge but, these people often will have hidden agendas. But, there are few real free Forex signals out there too. What you need is the signal showing clear entry point, stop loss and take profit levels. If it has a further explanation, it is even better.
Bitcoin trading signals
Most of our Bitcoin Trading Signals will come in the form of pending stop orders. Let's say we have a BTC/USD trading signal at $8,000 with a Stop loss of $7,500 while the current price is $7,400. This means your Bitcoin order should only trigger once the price touches or breaks above the $8,000 level. With this strategy, we have a lower trigger rate, a higher success rate. This is because we aim to follow the trend.
Ethereum trading signals
We don't provide ETH trading signals on a daily basis. This is due to the low volatility in ETH compared to other crypto pairs. Similar to Bitcoin trading signals, most of our Ethereum signals will come in the form of stop orders.
While examining our Ethereum signals, we pay attention to multiple variables including:
- Daily ETH transactions;
- ETH hash rate;
- Regulatory comments;
- Twitter heat map;
XRP Ripple trading signals
XRP is a part of Ripple. Although many cryptocurrency enthusiasts oppose XRP coin we see significant trading opportunity on XRP/USD trading pair. Most of our XRP Ripple trading signals will come in line with market sentiment. Remember, even bad news is good news for traders.
While preparing for our XRP trading signals, we closely watch the whale alert. If the foundation is sending a significant amount of XRP to another wallet that week our preference shift towards shorting XRP/USD.
Gold trading signals
Test signals on a Demo account first
No matter what the signal provider says, including us, you need to test your signals on a demo account first. Sometimes, a signal provider may show super successful results, but it does not mean that you will have the exact same results too! Thus, you need to test your signals first.
At AtoZMarkets, we provide daily Free Forex trading signals. These signals come every day during the Asian trading session and they almost always appear as pending signals for the European session.
You can get AtoZMarkets.com Free Forex trading signals completely free of charge. Our Chief Currency Analyst will always publish these signals during the Asian session. Once the signal is live you will get a notification on our Telegram channel. You should also consider signing up for AtoZMarkets Forex Signals newsletters to make sure that you receive an email alert once the signal is published. You can always opt-out of email newsletters.
Although we are confident with our track-records, we highly encourage you to verify it yourself before putting real money. You can always test trading signals on a demo account first. Once, you are used to the system then you should move to a real account and start making real profits and sometimes losses of course.
Please make sure to use the signal instructions carefully. If a signal comes as a Buy Limit order you need to use a limit order. Alternatively, signals can come as a Buy stop order or as an instant order. You need to get used to these terminologies and signal types.
So how does daily FX signals work?
Every Forex signals system is unique and relies on a different analysis of the market but overall there are two main methods that guide the market experts who produce the signals.
The first is a technical analysis of the market including all the past information about the price and trend that is available. The second is based on current events and the analysis of how they might affect the price action over short and long periods of time.
Some signal systems are based on automated analysis. So, what we have done is automating some of our trading strategies to minimize any possible human error. The main benefit of automated trading signals is minimal human psychology involvement thus the minimal human error. At the same time, you need that human judgment not to trade certain trading environments.
AtoZ Markets daily trading signals come from Yury Sofranaus' trading desk most of the time. Most of the free signals from Yury are based on technical analysis. He is not just an analyst, he also trades these orders personally. Depending on the trading instrument and the signal he will use trend lines, Support and Resistance Levels, True Fibonacci Levels, Moving Averages, Breakouts, some other Oscillators, and Indicators.
Crude Oil trading signals
Energy signals from AtoZ Markets mostly cover Brent or Sweet Crude oil. These instruments have higher volatility when there is a sensational announcement from OPEC or any of the OPEC member countries. Therefor, you will see us sharing Crude oil signals in case of global instability in energy market.