What are the components of a forex signal? Back to list

Member SinceJul 08, 2021

Posts 534

Sterling

Jun 22, 2022 a 12:39
If they've never seen a forex signal before, there's a lot of information crammed into those few lines of data. Following a Buy/Sell indication, the forex pair is presented. For example, the couple may be shown as 'Cable' or 'Aussie.' The striking price is a figure seen on the first line. If this is the case, it may be the end of the story. The second line might include signals such as stop loss (SL) and take profit (TP) goals. Some may provide trailing stop (TS) values, however this is not a frequent practise.

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