This is where you can find all of the answers to questions you may have. I will keep adding to this as more common questions arise. Please read through all of this before sending me an email. If your questions are not answered below, feel free to ask away. I answer all emails within 24 hours.
Let’s get started.
[frame_left src="http://simplysignals.com/images/ForexSignals-News1.jpg" href=""]How many?[/frame_left]HOW MANY FOREX SIGNALS WILL I RECEIVE EACH WEEK?
In short, you could receive anywhere from 0 to 10+ Forex signals a week. It all depends upon how the market is moving that particular week. Broken down by system, you could get anywhere from 0-4 gap signals, 0-4 EOD Forex signals and 0-4 Intraday Forex signals. I will never send out signals that do not meet my stringent trading rules. This means every signal you get is TOP NOTCH and worthy, not just some BS I chose to send out just to meet a signal quota. These signals are quality…every time.
[frame_left src="http://simplysignals.com/images/ForexSignals-News1.jpg" href=""]What time?[/frame_left]AT WHAT TIME WILL I RECEIVE YOUR FOREX SIGNALS?
Simply Signals FX alerts always come out at predictable times. Sunday gap signals come out at 4:50 PM EST/EDT (New York). EOD Forex signals come out shortly after the NY session close at 5:00 PM EST/EDT. Intraday trades are taken from the 4-hour charts and come out at 1:00 AM, 5:00 AM, 9:00 AM, 1:00 PM, 5:00 PM and/or 9:00 PM EST/EDT. If you need help converting time zones, timeanddate.com has a GREAT Time Zone Converter. Check there. It’s so simple even a caveman could do it!
[frame_left src="http://simplysignals.com/images/ForexSignals-News1.jpg" href=""]Sent how?[/frame_left]HOW ARE YOUR FOREX SIGNALS SENT?
All Forex signals are sent out via email and Yahoo Messenger (YM). Intraday Forex signals can have some trade management calls that come out ONLY via YM. If you intend to take some intraday Forex trades, you’ll DEFINITELY need to be using Yahoo Messenger. It’s quick, easy, and free. It’s also the BEST and FASTEST way to get all of your time-sensitive Forex signals. Emails can get stuck in a queue. YM does not. It’s instant and perfect for receiving all of your FX alerts lightening fast.
[frame_left src="http://simplysignals.com/images/ForexSignals-News1.jpg" href=""]How many?[/frame_left]DO YOU OFFER A FREE TRIAL OF YOUR FOREX SIGNAL SERVICE?
Twice a year–typically in January and July–I offer a one-week free trial of my Forex signals. This includes ALL signals my paying clients receive: Forex gap signals, EOD Forex signals and Intraday Forex signals. I do not offer a free trial at any other time of the year so please don’t send me a billion emails begging for free Forex signals. Ain’t gonna happen unless you follow MY rules. I also reserve the right to deny anyone free signals–and I’ve got a memory like a steel trap. Don’t piss me off.
[frame_left src="http://simplysignals.com/images/ForexSignals-News1.jpg" href=""]Discount?[/frame_left]DO YOU OFFER A DISCOUNT OR COUPON CODE FOR YOUR FOREX SIGNALS?
Every month, I offer three (3) annual memberships for a one-time payment of $497. This works out to be $41.41 per month. You will never find profitable Forex signals like these at a cheaper rate. NOWHERE. If you are interested in this special rate, I HIGHLY RECOMMEND you use the coupon code quickly because they are typically gone in a matter of a few hours! The new coupon code will be listed the first of each month on the Current Promotions section toward the bottom of the page.
[frame_left src="http://simplysignals.com/images/ForexSignals-News1.jpg" href=""]Gaps only?[/frame_left]DO YOU OFFER A FOREX GAPS-ONLY SUBSCRIPTION?
No, I do not offer a Forex Gaps-Only subscription. You can choose to take whatever Forex signals you want to trade. If you are only interested in trading Forex gap signals with me–as many of my clients do–simply open only the emails that read SUNDAY GAP TRADES in the subject line. If you look for the discount coupon code listed above, you could make your own gaps-only subscription with the discounted rate! See how easy it can be? Thinkin’ outside of the box is good, M’kay? ;)
[frame_left src="http://simplysignals.com/images/ForexSignals-News1.jpg" href=""]FX broker?[/frame_left]CAN I TRADE YOUR FOREX GAP SIGNALS WITH MY FX BROKER?
Forex gap signals require a few things from your Forex brokerage to be profitable. You must have a broker that opens at or before 5:00 PM EST/EDT (New York). (I do have a few clients whose broker opens at 6:00 PM and they are able to get in most gap trades.) You need a broker that does NOT widen the spreads too much to make money at the market open. Many brokers have ridiculous spreads at 5:00 PM. If you’ve got a smaller account, you need to have a broker that offers MICRO LOTS.
[frame_left src="http://simplysignals.com/images/ForexSignals-News1.jpg" href=""]Which pairs?[/frame_left]WHICH CURRENCY PAIRS DO YOU TRADE?
I trade different pairs for different systems. For Forex Gap signals, I trade GBP/USD, EUR/USD, EUR/GBP, USD/CHF, USD/CAD, USD/JPY, EUR/JPY and GBP/JPY. For EOD Forex signals, I trade GBP/USD, EUR/USD, AUD/USD, USD/CHF and USD/JPY. For Intraday Forex signals, I trade GBP/USD, EUR/USD, AUD/USD and USD/JPY. I try to use only the pairs that perform the best with each one of my Forex systems. I do not trade oil or precious metals–the NFA can bite me!
[frame_left src="http://simplysignals.com/images/ForexSignals-News1.jpg" href=""]Risk/trade?[/frame_left]DO YOU OFFER RECOMMENDATIONS FOR THE AMOUNT OF RISK PER TRADE?
Of course I do. I’m not a schmuck! I really do want you to make a truckload of money and so, I offer expert knowledge on risk and money management. I am a firm-believer that when you trade a successful Forex system, you can use low-leverage per trade to ensure you are not stressed out of your gourd. I want my Forex traders to be able to sleep at night without the constant need to keep checking their computers. Using low-leverage allows you to have a life AND make money all at the same time.
[frame_left src="http://simplysignals.com/images/ForexSignals-News1.jpg" href=""]Order types?[/frame_left]ARE YOUR FOREX SIGNALS MARKET OR PENDING ORDERS?
My Forex signals could be market OR limit orders. For example, Forex gap signals are intended to be entered at the market price when your broker opens. However, if the spreads are ridiculously high, you COULD put in a pending order in the hopes your trade gets picked up a bit later. EOD and Intraday Forex signals have an entry range and are intended to be entered as pending orders. If the current market price meets my entry criteria, then go ahead and enter it as a market order. Pretty simple.