The Forex Signals: Price Action Forex Signals From Two Pro Traders
The Forex Signals, created by Tom Strignano and Vladimir Ribakov, is an exciting Forex signals, trading tool and mentoring service unique in the world of Forex. Both traders work independently to give the best signals, tools and mentoring to the members. Nothing like a friendly competition to bring out the best of each trader.
Basically, you are getting TWICE the great signals, excellent tools and mentoring from two professional traders. Each trader has their own trading style and way of looking at the market, so you are sure to find al least one you'll want to follow closely. Let's look at some of the characteristics between Tom Strignano's signals and Vladimir Ribakov's signals.
What Tom Strignano's Forex Signals Are Like
I have a lot of experience with Tom Strignano, so I understand fully how his signals work. You are given direction, entry, stop loss, market exhaustion and different "target" levels. Unlike other signals, these target areas are not necessarily where you take profit or close your trade, they are used to measure momentum.
Getting a signal from Tom is already a strong reason to trade a currency in a certain direction. But you use the market exhaustion and target levels to CONFIRM price will continue to move in this direction and therefore look at these levels to make important decisions. For example, if price blows past these levels you know you are in a good trade. However, if price stalls at these levels, you might want to scale out of the trade of exit the trade all together.
Characteristics Of Vladimir Ribakov Forex Signals
I have only recently been studying Vladimir, but I am very impressed. With Vladimir's signals you not only get the entry, stop loss and 2 target levels, but he provides a CHART so you can see exactly why this signal was called. This allows you to not only be alerted to great setups, but learn the method behind the signals as well.
Vladimir likes to take 80% profit at target 1 and let the last 20% run for as long as possible. This is a great way to keep your win rate high while still taking advantage of strong trends that yield high profits. One of the things that is interesting is Vladimir also gives a time period where the signal is invalid if it has not hit target 1. (This keeps you from getting in too late or staying in the trade too long). If something changes about the trade signal once it is given, Vladimir uses email or SMS to make sure you know about it and what he suggests you should do, like close the trade.
The Forex Signals Is Like TWO Forex Signals Services In One
Getting access to both Tom Strignano's and Vladimir Ribakov's Forex signals not only gives you plenty of excellent trading opportunities, but you really learn how to trade Forex like the pros. You not only get buy and sell signals, but you learn the WHY behind signals themselves. Understanding the signals you are trading is a great advantage to your success, and a characteristic you don't see in many Forex signals services.
Article Source: FxTradingStock.com
About the Author
The Forex Signals provides professional Forex signals, tools and training for two real pros. The Forex Signals Bonus I created takes you through a process using this service that practically guarantees success.
by: Edward Lomax
Total views: 48
Word Count: 538
Date: Sat, 19 Jun 2010
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