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If
you have questions do not hesitate to contact us:
info@BuyForexSignals.com.
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 Our
team is here for
you.
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Don't hesitate.
We strive to provide the best
customer service to our subscribers. Email
us!
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We accept all kind of payments available
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ForexStrategy Team - Trading
Together in Real Time. Forex Signals
in real time for the four main
currencies pairs. Forex News Agency.
Live Forex Market data. Real time
forex charts, live quotes, live
news, live forex signals and live
forex education.
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FREQUENTLY ASKED
QUESTIONS
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| Forex? What is it, anyway? |
The market
The currency trading (FOREX) market is the biggest and fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars. The participants in this market are banks, organizations, investors and private individuals, just like you. (click here to read full market background by Easy-Forex™).
The goods (merchandise)
Markets are places to trade goods, and the same goes with FOREX. The Forex goods are the currencies of various countries. You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That's all.
How does one profit in Forex?
Obviously, buy cheap and sell for more! The profit potential comes from the fluctuations (changes) in the currency exchange market.
The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! (in general, Easy-Forex™ offers trading ratios from 1:50 to 1:200).
How risky is Forex trading?
You cannot lose more than your "margin" (your initial investment)! You may profit unlimited amounts, but you never lose more than what you initially risked. However, risk only what you can afford and is not vital for your well-being.
How do I start trading?
Register (Easy-Forex™ offers the simplest and quickest registration process, no obligation); deposit your first trading "margin" amount (credit cards are welcome, only by Easy-Forex™); start trading.
How do I monitor my Forex trading?
Online, from anywhere, anytime. You have full control to monitor status, check scenarios, change some terms in the deal, or close it.
Want to know more? Want to get on-line training? Register here (quick, no obligation), we'll be glad to guide you, every step of the way.
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Why Forex trading? |
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Forex trading is attractive because
it offers unparalleled freedoms. A Forex
trader can live almost anywhere as long
as he/she is within reach of the
internet. A Forex trader can work from
home or office, and in some cases, even
trade while traveling! A Forex trader
can usually choose his/her own hours to
work since the global foreign exchange
market is open 24 hours a day. A Forex
trader avoids many common headaches
associated with running a business
because there is NO inventory, NO
shipping, NO billing, NO collections, NO
employees, NO commuting and NO dress
code. And finally, since Forex traders
can potentially earn a very high income,
they enjoy the possibility of never,
ever working for someone else again! |
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How high are the risks in FOREX
trading? |
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The risks can be high but also
controllable. Forex traders around the
world are competing against other forex
traders, banks, and institutional
traders who are seeking the same
potential rewards from their own trading
activities. Money management,
discipline, talent, and a lack of
emotion are traits you will want to
develop in FOREX trading. But remember,
FOREX Trading is speculative and any
capital used should be risk capital. In
fact, we recommend that you trade on a
demo account until you have shown profit
for at least three consecutive months
before trading real money. |
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What are "long" or "short" positions? |
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A long position is one in which you
buy a currency at one price, with the
expectation of selling it later on at a
higher price. Obviously, you anticipate
that the market will rise. A short
position is one in which you sell a
currency with the expectation of buying
it back at a lower price. Here, you
expect the market to fall. Every FX
position you take automatically entails
going long in one currency, and short
the other. If you buy one, by default
you are shorting the other. |
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What is a Pip? |
| A pip is
a term used in the currency market to
represent the smallest incremental move
an exchange rate can make. Depending on
context normally one basis point is
0.0001, as is the case of EUR/USD,
GBP/USD, USD/CHF. In example if the
EUR/USD moves from 1.2561 to 1.2562 it
is one pip. |
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How much a pip worth? |
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| If you trade the
full contract (100k of currency) the EUR/USD and
GBP/USD are worth approximate $10. In other words if
you have a trade with 50 pips in profit, it
means the gain is $500. ($10 per pip x50 pips).
If you trade a mini account is 1/10th of the
size, 50 pips will worth $50. |
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Which are the pairs traded by the system? |
| We generate
signals for 3 pairs: EUR/USD, GBP/USD and USD/CHF. |
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How long are positions held? |
Holding periods are not longer than 12 hours for our system. All the open positions should be covered at 4:00 am EDT following our system rules. We never go overnight holding open positions. |
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When are signals sent and how often? |
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signals are placed on the web site at the members area around 5.00 am New York
time during business week. We only issue new
signals at this time, no further intraday
instructions are necessary since we indicate
entry, exit and stop loss in advance. |
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Are the spreads deducted from the
performance? |
| Yes, they are. |
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How much time does it take to follow your
system? |
| Only minutes per
day, check for new signals at 4:00 am EDTand place the
orders with your broker. You can place all the
orders in advance until the next day. |
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How are the trades generated? |
| We use a
proprietary price/resistance system based on
previous day volatility. The system generates
high probability entry points for the next day,
if the price trades at our entry point level
most likely will continue to move in that
direction. |
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Is this trading system expensive? |
No. Most online Forex brokers allow customers to execute margin trades at up to 100:1 leverage. This means that investors can execute trades of $100,000 with an initial margin requirement of $1000. However, it is important to remember that while this type of leverage allows investors to maximize their profit potential, the potential for loss is equally great. A more pragmatic margin trade for someone new to the FX markets would be 20:1 but ultimately depends on the investor's appetite for risk. |
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With so many web sites offering signals, why
BuyForexSignals? |
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There are many web sites offering forex signals,
but only a few are honest reporting their
results. We report the trades as they happen,
with no hidden rules or subjective criteria. All
instructions are given in advance, providing
members full control of their trading. We focus
to provide a system with stable results, low
drawdowns and consistent performance. Most
web sites get one " big" month to lose it over the
next one or two with "bigger" drawdowns. In our
opinion that's not a professional way to trade. |
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Do I need special software or data feeds? |
| No, we don't use
technical indicators, we give you specific
specific price levels. You can send the orders
in advance, no need to check the intra day
movement nor complicated indicators to follow. |
| What is the minimum start up trading capital? |
Short answer is $ 2500.00
Forex dealers can set their own minimum account sizes, so you will have to ask the dealer how much money you must put up to begin trading. Most dealers will also require you to have a certain amount of money in your account for each transaction. This security deposit, sometimes called margin, is a percentage of the transaction value and may be different for different currencies.
For taking every trade our system announces you should consider that we may have one open position for each pair at the same time. |
| Do you offer a FREE TRIAL? |
Our service does not offer free trial. We feel we are offering a very reliable Trading System that has proven to have a very nice reward. Our system makes the price you pay an interesting investment other than an expense. |
| 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 are one or few pips, which could be in your advantage or disadvantage, which we know sometimes make the whole difference between profit and loss. |
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How do I cancel or change my subscriptions
details? |
| Simply
send us an email to
info@BuyForexSignals.com |
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www.BuyForexSignals.com - Forex online website |
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