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.

A forex signal is a trade recommendation that helps traders decide when to enter or exit a trade. A well-structured signal typically includes the following components:

Currency Pair – Identifies which forex pair to trade (e.g., EUR/USD, GBP/JPY).

Action (Buy/Sell) – Specifies whether to go long (buy) or short (sell).

Entry Price – The exact price level to open the trade.

Stop-Loss (SL) – A predetermined exit point to limit losses if the trade