NEVER MISS A WINNING
Get the one year premium account for free!
Register your interest with our partner, FCA regulated FX/CFD broker, LongHorn FX and receive Learn 2 Trade VIP Forex Signals for FREE for one year!
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.16% of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.
Read Our Trust Pilot Reviews
BOOST YOUR PROFITS WITH A PREMIUM ACCOUNT
Trading will never be the same with a premium trading account. Comparing regular accounts with Premium accounts, the winner is Premium accounts (always).
Premium account holders succeed and manage betterperformance. Here’s what they enjoy that regular accountholders don’t:
- Premium holders receive instant email notifications and sound alerts when a signal opens, closes, or is updated; hence, they react instantly in opening trades in real-time
- Close twice as many trades thanks to their instant reaction to the signals
- Almost every signal is utilized (they never missa signal thanks to the sound notifications)
If you’re looking to take your forex trading endeavours to the next level, it’s crucial that you have the capacity to read, understand, and analyze charts. After all, it is often historical pricing trends that dictate the future direction of an asset.
With that being said, even if you do have the required skills to perform in-depth technical analysis, there is only so much data that the human brain can process at any given time.
This is where automated forex signal services can assist. Crucially, by allowing an advanced algorithm to scan the forex markets on your behalf, you’ll never miss a trading opportunity again.
In this article, we explore the ins and outs of how forex signals work, and why the Learn 2 Trade premium algorithm has what it takes to amplify your long-term trading results.
Table of Content
Learn 2 Trade Premium Signals Service
- Get 3-5 Premium Signals per day
- Signals Cover Forex, Indices, Commodities, and Crypto
- Unfettered Access to our VIP Telegram Group
- 82% Win Success Rate
- Average Monthly Gains of 30-40%
What are Forex Signals?
In a nutshell, forex signals are trading suggestions that are facilitated by advanced algorithms. The underlying software will scan the forex markets on a 24/7 basis, across dozens of currency pairs simultaneously. The algorithm is supported by numerous technical indicators, which allows the protocol to analyze historical pricing trends.
If and when the software decides that a potential trading opportunity is looming, it will then notify its member base. This might come in the form of an email, SMS message, or a Tweet. In the case of Learn 2 Trade, we send out our forex signals in real-time via Telegram. Once a signal has been posted, the trader will be presented with a number of key data points.
This includes the current pair the signal relates to, the technical reasoning behind the suggestion, and the relevant entry and exit points. As such, the trader has all the required information not only to act on the signal, but to do so in a risk-averse manner. Crucially, by providing a suggested stop-loss price, traders will always have the necessary risk management safeguards in place.
How Does Learn 2 Trade Obtain its Signals?
The easiest way to understand how a pre-conditioned algorithm has the capacity to outperform the markets is to think about how a seasoned trader makes consistent gains.
For example, it’s likely that the trader niches down to one or two currency pairs, and then spends countless hours performing technical analysis in their search for a profit-making opportunity. They will do this through the use of technical indicators likes the RSI, exponential moving averages, and Fibonacci retracement levels.
Once an opportunity has been identified, the trader will then place the relevant entry and exit orders. On the one hand, there is no denying that skilled traders have the capacity to make money through manual research and analysis.
However, not only are traders required to niche down to a few currency pairs at best, but there is only so many hours that an individual can dedicate to research.
This is where the Learn 2 Trade premium signals service excels. In a nutshell, the underlying algorithm will take the very same research principles as employed by a human trader, but at an unprecedented scale. For example, instead of limiting research to one or two currencies, the algorithm has the capacity to scan dozens of pairs simultaneously.
Unlike a human trader that is capped to a certain number of research hours per day, the algorithm operates on a 24/7 basis. Most importantly, the research process is supported by more than 60 technical indicators across each and every pair.
✔️ Fibonacci Retracement Levels
The overarching concept of Fibonacci retracement levels is that the indicator targets market corrections. For example, let’s say that GBP/USD has been on an upward surge for a number of weeks.
If and when the pair goes through a brief downward trend, Fibonacci retracement levels will be utilized to assess whether or not this relates to a brief market correction or a longer-term reversal.
If it is the former, Fibonacci retracement levels will suggest placing a buy order. With the assistance of the Learn 2 Trade algorithm, traders will then receive a signal with the relevant entry and exit prices.
✔️ Support and Resistance Levels
The Learn 2 Trade algorithm places a strong focus on support and resistance levels, as this is something that all currency pairs possess. For those unaware, a support level is a specific price that has historically defended the asset from a downward trend.
For example, if GBP/USD has failed to go below 1.2405 since 1984, this would be viewed as a major support line. At the other end of the spectrum, resistance levels work in a similar nature, but in reverse. For example, let’s say that GBP/USD has attempted to breach 1.3150 for a number of days.
On a number of occasions, as the pair approaches this level, market forces bring the price back down. This is known as a resistance level, and it’s equally as important to assess if and when a new market trend is looming.
✔️ Bollinger Bands
Bollinger bands are highly effective in evaluating the correlation between volatility and price. More specifically, the tool allows the algorithm to assess how volatile a particular currency pair is in real-time, and how this relates to historical averages. Ultimately, the Learn 2 Trade algorithm will utilize Bollinger bands to determine whether a currency is potentially overbought or oversold.
✔️ Moving Averages
The moving averages allow us to assess how a currency pair is performing in relation to historical trends. The most commonly used by traders is that of the 100-day and 200-day moving average.
In most cases, if the currency exchange rate of two currencies is above these averages, it resembles