Step 2: Place the Trades
(live signal from March 25, 2020)
You make a mental note of the first pair (USDJPY) from the signal alert. You check the trade direction (BUY), the chart period (M15) and the Rule# (53). Using the MT4 App you locate the actual forex trade and make a visual inspection. If it looks good, which 99% of the time it should, you reference the Rule# provided on the signal (Rule #53).
This number suggests an algo-optimized trade size ratio for your forex trade. For example, Rule# 53 indicates placing either 5 lots at the MARKET or 3 lots at the LIMIT or both.
Please note that our online Forex course, which is included with our 3-month signal alert subscription covers these FX trading steps in greater detail.
click image to enlarge
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How our FX Signal Alerts work...
Step 1: A Signal Alert Arrives
(live signal from March 25, 2020)
While you are out and about, your phone buzzes with an incoming message. You know right away from the ringtone that it's a Forex signal alert from RagingFX. So you politely excuse yourself from your current task. Since the shelf-life of our FX trading signals is usually between 10 minutes to a few hours, you know there's no need to panic.
Discreetly, you move to a quiet location or if you're driving, pull over. For the next 60 seconds, you will be evaluating our FX trading signal alert(s) and placing your forex trade(s).
Step 3: Compare your Results with our Algo
(actual report from March 25, 2020)
The following day after having received this signal (and after 5:20pm EST) you'll receive a Daily Dashboard FX Trading Report similar to the one displayed here. It will list the net performance of all the signal alerts delivered to you the day before. All Forex trades shown are for the same trade size of 1 lot to make it easy to extrapolate your own results.
For the USDJPY trade shown on the first line of the signal alert... if you used Rule# 53 and chose only to place the LIMIT portion, for example, then your P/L should have come in at 3 times what is shown or USD$621 ($207*3). If your results are consistently less, then we ask that you contact us for a free review of your Forex trades to pinpoint any improvements.