Depending on one or more factors, a Forex signal is an indicator that tells traders when it is optimal to buy or sell a certain currency pair. An illustration would be a moving average crossover, which might signal a point of trend reversal and may recommend a position that is against the trend. A company that offers trading signals to its customers is known as a signal provider.
This organization typically does it using SMS text messages, Telegram chat, What’s App, email, or web platform notifications. Having said that, it can be challenging to choose from the many forex signal providers available on the market.
Forex Signals Telegram List in 2023
Benefits are unlimited if the provider is trustworthy! or proving himself to be trustworthy.
|1. ULTREOSFOREX.COM||Long Term and Intraday Trading||Both free and paid channels are available|
|2. Forex Fibonacci Chart||Long Term||Free|
|3. FX HUNTER SIGNALS||Intraday Trading||Free|
Then you going to have free profit-making machine for lifetime.
but for that you have to patiently test their service and signals, their accuracy needs to more than 81%, their recovery trades must be greater than the losing trade, their approach to dealing with loss must be positive, because if they are confident, you will be confident in their performance. I can say these 3–4 is better and free and reliable!
Ultreos Forex Telegram channel is a best signal provider without a doubt, but it’s crucial to understand why it’s the best so keep reading.
The evident distinction between this signal source and any other random provider shows that it is not your typical signal provider. There is only pure value; there is no spam, yelling, or flexing.
This is not your typical signal provider or trading channel, believe me; these are real professional traders sharing their insights and trades; there are no random buy-sell signals, fire emojis, profit-bragging, sniper entries, or other gimmicks; just pure value and helpful information for your trading.
Consider the following trade from the Ultreos Forex Telegram channel. If you already follow a few random signal sources, you will see right away that the trades sent by the “average” signal provider don’t look anything like the image above. And that brings us to our next point. You must assess the caliber of a Forex signal provider’s transactions in addition to their professionalism. In that, I refer to the professionalism and depth of the trade advice. You want something that instructs you and gives good trades; this is professional, delivers great value, and is quite informative. The guiding principles of Ultreos Forex are patience and self-control.
2. Forex Fibonacci Chart
Try the forex fibonacci chart if you’re seeking for a free channel that provides free signals. You’ll receive up to five forex signals each day along with in-depth trading analysis.
An important disadvantage is that high win rates cannot be guaranteed. On their Telegram channel, the forex fibonacci chart has more than 11,692 subscribers and followers.
3. FX HUNTER SIGNALS
FX HUNTER SIGNALS is One of the best trading Telegram channels here offers 2-3 free signal per day. You will adore the channel because it doesn’t broadcast annoying commercials promoting a paid channel.
FX HUNTER SIGNALS is the greatest channel to start with if you want to uncover the best trading opportunities as a beginner. The channel already has more than 4,000 subscribers.
How to Test Forex Signal Telegram Results
Use your judgment to distinguish between what is professional and what isn’t. I can assure you that once you see Ultreos Forex and Fx Hunter Wealth insights, you will start to see how foolish and random the other Telegram channels are. You should read and abide by this if you want to succeed in trading.
As I went through some of the other responses to this query, I feel compelled to revise my previous response and advise you to be cautious of some signal sources. You can tell most of them are inexperienced kids by the way they trade and write; the majority of them will merely gamble your money. Be sensible; it doesn’t take a genius to distinguish between what is and isn’t professional.
I’m sure you are intelligent enough to know the difference between a reliable signal provider and a random one, so I won’t try to educate you on it. Emoji usage is an important factor to take into account because it increases the likelihood that the signal provider is a novice child.
Observe how trades are updated as well. Are successful deals flaunted and spoken about, while unsuccessful trades are concealed and ignored? There are several red flags to look out for, so proceed with caution and follow experienced traders. I sincerely hope that this is beneficial to you.
Forex signals do indeed work, but they should be considered risky. Since most retail traders lose money, their signals are also unprofitable. Go forward if you can identify a reliable forex signal provider. Remember that the volume of the transaction is typically not disclosed in a signal, therefore you must independently apply the risk management guidelines.
The fact that you will most likely receive 60% of the unsuccessful signals and 40% of the successful ones is more significant. Sounds awful? Actually, this ratio is good. Simply put, your TP should be around 50% (in pip units) higher than your SL. Any signal provider should always be tested first on a demo account.
I’ve given you something that will surely keep you profitable at all times, but try their first few signals on a demo account to get a feel for their trading approach first!
Thanks kindly share this!