Forex signals are best described as detailed trade recommendations or ideas. The sources of the best forex signals are usually experienced traders. Scores of online entities provide forex trading signals, for a fee, or even for free.Yes I use Etoro and Hotforex social account to follow tradign signals. There are lots of trusted and successful signal vendors there.
Due to the fact that a forex signal is in essence a small bundle of text-based information, one can transmit it through a variety of different channels. Forex signal providers will deliver their “product” through live messaging, email, Skype and various dedicated apps. There are even forex signal Telegram channels out there.
The trading signal ecosystem has created fully-featured, dedicated trading environments as well. Such signal-based trading solutions allow signal providers to use interactive charts, to stream video and to monetize their activities.
Profitable trading is the Holy Grail of many. For most traders, the most straightforward path to these profits leads through forex signals.