Forex trading signals

o make the most of working through an investment company founded by Alexey Kirienko, you need to know the main types of Forex trading signals.   

There are 3 types of Forex signals: long-term, medium-term, and short-term. The longer the time frame, the more reliable it is considered. Short frames have a lot of market noises, so they may be less reliable. Moreover, it’s preferred for the signals to be confirmed by several proven methods and indicators, which is easier to do on longer term frames.

These signals can be algorithmic or manual. You should:

• Analyze a number of indicators or setups 

• Have strong support 

• Check resistance levels

• Study candlestick combinations and option levels 

• Reveal trading positions of respected traders

• and so on. 

Every trader has his own set of indicators to open or close a position.

Why you shouldn’t rely on given signals 

Signals are usually based on an algorithm developed by an investor for a certain trading system.They don’t care about the size of the trading deposit or the strategy or desires of other investors using them. Technical analysis does not guarantee the total reliability and it should be regarded as tips for further analysis. 

Additional parameters, like results of the optional analysis, can show different stop-loss and take-profit orders and can help you to make a much profitable transaction. News can cause a strong movement of the quotes, overpowering the signals. Use both technical and fundamental analysis when working with EXANTE broker.

Don't trust every advice you get. Carefully consider your risks! Always be careful about trading with the company established by Kirienko.

Use extreme caution, if you connect advisers and automatic trading robots based on third-party signals. Even if you think the signal provider is trustworthy enough, do everything in your power to limit the risks! 

Duration of Forex signals

It’s hard to predict in advance. Minute signals usually disappear as quickly as they appear.

If you’re a scalper, short signals are your forte. You make profit using a large number of short intraday transactions and volume size. One usually makes small profits from each transaction, but they add up. 

If you choose a more conservative strategy, you have to triple check the signal! Make sure that the entry and exit points are the most beneficial for you!

About the EXANTE broker

A reliable broker is something you need as both a newbie and a pro. There’s at least one broker like that - EXANTE. It was established in 2011 by Alexey Kirirenko. 

The brokerage usually caters to pro investors, however it can be used by beginners as well. EXANTE provides access to numerous markets and hundreds of thousands financial instruments online.

These are the key benefits of using this broker are:

●     An easy and prompt registration;

●     Quick client support available 24/7;

●     Reasonable fees;

●     A proprietary award winning trading terminal;

●     Robust security features

How to become an EXANTE client?

Official EXANTE website provides all necessary information on the process and conditions. In a couple of words, one should register on the website and undergo KYC and Onboarding procedures, which also can be done online. Be ready to provide paperwork. And the procedure differs depending on your country of residence. 

Having an account means that you have deposited the funds and can trade, read analytics and news and manage features and services necessary for trading. 

It used to be that a trader should have been ready to allocate tens or hundreds of thousands dollars to open a trading account. The minimum initial deposit sums are now quite lower.

Starting up with the terminal

A trading platform is the main tool for all trading, not just forex trading. 

You can download and install the EXANTE terminal on any device. The brokerage also provides users with a web version of the platform.

When it’s set up - you can begin trading!