I wanted to start a new thread displaying only the Simple Forex Signals that we call "Passive Trades" using the FxPM Forex Trading Software.
Essentially Passive trades are short term trades generated when the market has moved too far, too fast on a short term basis.
The signals I'll be posting will be unfiltered - Meaning that even during news events, when we likely would not be trading the signals, Ill be posting how they performed.
Our traders manage trades slightly different from one another, therefore the end result on profitability can vary.
How They are visualized:
Small RED arrows indicate and opportunity to SELL
Small GREEN arrows indicate an opportunity to BUY
FAQ:
Q: Does the software re-paint the signals?
A: No, the signals are generated in real time using the FxPM Matrix (You can read more on that here)
Q: Are the signals automated?
A: No, we firmly believe that trades should be manually executed. Although we automate as much of the mechanical process as we can, we feel you must make a judgment on market conditions before placing the trade.
Q: Are these only Scalping Signals?
A: No, The majority of our traders do specialize in short term scalping trades, however many long term traders use these signals as entry points with extremely tight stop-losses and scale out as longer term targets are hit.
Q: What size stop-loss do you typically Use?
A: No more than 7-10 pips depending on the setup.
Q: Are some signals higher probability than others?
A: Yes, we are able to see support and resistance on multiple time frames at once. This allows us to see where stronger support or resistance is located. (Watch this Video For more info)
TO REQUEST A FREE PREVIEW CLICK HERE
If you have additional questions I would be happy to answer them.
Happy Trading,
Matt
Essentially Passive trades are short term trades generated when the market has moved too far, too fast on a short term basis.
The signals I'll be posting will be unfiltered - Meaning that even during news events, when we likely would not be trading the signals, Ill be posting how they performed.
Our traders manage trades slightly different from one another, therefore the end result on profitability can vary.
How They are visualized:
Small RED arrows indicate and opportunity to SELL
Small GREEN arrows indicate an opportunity to BUY
FAQ:
Q: Does the software re-paint the signals?
A: No, the signals are generated in real time using the FxPM Matrix (You can read more on that here)
Q: Are the signals automated?
A: No, we firmly believe that trades should be manually executed. Although we automate as much of the mechanical process as we can, we feel you must make a judgment on market conditions before placing the trade.
Q: Are these only Scalping Signals?
A: No, The majority of our traders do specialize in short term scalping trades, however many long term traders use these signals as entry points with extremely tight stop-losses and scale out as longer term targets are hit.
Q: What size stop-loss do you typically Use?
A: No more than 7-10 pips depending on the setup.
Q: Are some signals higher probability than others?
A: Yes, we are able to see support and resistance on multiple time frames at once. This allows us to see where stronger support or resistance is located. (Watch this Video For more info)
TO REQUEST A FREE PREVIEW CLICK HERE
If you have additional questions I would be happy to answer them.
Happy Trading,
Matt
