Today I’m going to show you how you can make big money with Forex trading signals. As a Forex signal provider, we shall be using the ToolsTrades website and the IQ options, broker. We will trade the USD/CHF asset. Before we start, consider subscribing and leaving a like as it helps to grow the community of traders.
With ToolsTrades you receive a wide pallet of benefits ranging from performance trackers, SMS, email, and online alerts, to customer support via email or phone, and advanced analysis in some of the more sophisticated offers. This is a big plus for the firm where they show their level of proficiency and professionalism.
As a premium signal service needs to deliver from the very beginning, which ToolsTrades manages to do. Since such premium Forex signals represent the bread and butter of the service provider’s offer, they are usually of outstanding quality. They also offer a mobile service app for Android and IOS.
When it comes to Trading Signals many people, awkwardly enough, don’t know how to properly use them. Trading Signals aren’t always 100% accurate and they are fixed when you get them. Keep in mind that they’re not god-given and that you can and should use them on top of your trading strategy, not saying that they’re not useful on their own.
USD/CHF seems to be resuming the core bear trend, reinforcing the view that a major top is in place with support seen back to 0.9056/47 before the 0.9000 psychological marks. On the flip side, resistance moves to 0.9139, per Credit Suisse.
Key quotes
“USD/CHF is back under pressure with the core bear trend resuming, after having partially unwound its oversold condition, thus adding further weight to the view that strength was indeed only corrective and that a major top is in place.”
“We see support initially at the July and current August lows at 0.9056/47, ahead of a major psychological inflection point at 0.9000, where we would expect to see fresh buyers at first to unwind the already oversold condition. Beneath here though would further reinforce the strong downtrend and see support thereafter initially at 0.8986.”
“Resistance is seen initially at 0.9091, then 0.9109, ahead of 0.9139, removal of which would ease the immediate downside pressure and suggest further near term consolidation. Resistance is seen thereafter at 0.9230/41, where we would then expect to see a more important effort to cap once more.”
As I’m quite content in making 900$ in such a short time I’ll close the trade and go on to the next one as I like to do fast trading sessions. If you’re looking for trading tips and trick or are interested in the history of Forex trading be sure to check out my channel!
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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