Hello there fellow trader, hope your holidays are going well and you are having fun with friends and family. I also hope that one of your new year’s resolutions is to become a better trader who is consistently profitable. It is possible but it takes work.

This is the slowest week in the markets and many of the Banks and Liquidity Providers take time off during the period and as such low liquidity and wider spreads may be observed. High spreads mean high trading costs for you and as such, you may want to reduce the frequency of your trading during these times.

All of these free Forex signals are based on price action, price structure and can result in trading opportunities. These Forex signals are based on technical analysis.

 

You will notice that I provide my signals in a different way from others. Most signal providers just give you entry and exit prices without showing you the thinking behind the trade. I show you my thinking behind a particular setup and this helps you grow as a trader so that you can become self-sufficient.

 

These signals allow you to be proactive in the market. You do not use any lagging indicator but you will be waiting for signals to occur around these areas. You will be looking for such signals as reversal candles or chart patterns. Be careful, wait for price to confirm do not jump the gun and always practice good money management.

While some of you may choose to scalp or day trade the foreign exchange market with these free signals, please note they are designed for a swing trading approach.

 

Please be fully aware of your overall “risk appetite” when it comes to your trading account and your Forex broker margin rules. If you want a broker with low spreads you can check out this one here.

If you are new here I suggest you read how to trade the free currency trading signals

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