Free Weekly Market Report - ForexSignals.com (2024)

It's easy. Register with a username and password, then pick which membership plan suits you best. Our annual plan is the most cost-effective plan and our most popular plan and your free trial lasts for 7 days.

You have access to our daily live streams, educational resources, community trade ideas and discussions.

We've lots to offer here and we have all different types of traders, from all around the world. We're for the traders out there that are looking to learn strategies, excel in their learning, and have the ambition to be consistent in the markets. We're suitable for completely new traders that want to learn the very basics, all the way up to the most advanced level of professional traders.

We're for traders that are tired of trading alone, and want to be part of a community; to get direction from experienced trading mentors so they can refine their trading performance. Remember, we offer so much more than just trading signals and if you're looking for signals only, then we're probably not the right place for you; signals alone will not make you a successful trader.

Here at ForexSignals.com we see the same thing time and time again; traders that end up in thecycle of doom, don't backtest and simply burn through trading strategies. Based on research, we've found that traders tend to fail for a number of reasons but the most common is lack of discipline. When you havefound a strategy that suits your style of trading, stick to it! Set rules, print your strategy rules off, and follow them! No matter how hard it is, do not let your emotions get in the way and control your forex trades.

Inside the trading room, we have a number of strategies we can educate you on.

Yes, anyone can learn how to trade Forex - the real question is how much time are you willing to put in to properly master the markets? Forex trading (or foreign exchange trading) is a skill and like any skill, it takes time to learn, feel confident, optimise and succeed. You will not learn how to trade Forex overnight and you will not make money long-term with trading signals. Forex signals alone are not enough to succeed and you should think very carefully before you trade blindly with signals you do not fully understand. If you want to become a successful trader you really need to learn how to start trading Forex.

At ForexSignals.com we keep things simple and will offer you direction along the way. We've watched traders with zero knowledge grow with us into successful traders.

Ourtrading room has a community of thousands and every day, at any given time, hundreds of traders are active and helping each other. We have four experienced trading mentors that live stream throughout the day, share trade bias, help you evaluate your own trades, discuss opportunities in the markets, educate you on trading strategies, and much more.

We've helped over 83,000 traders and we have no plans to stop now. Inside the trading room, you will also find world-class educational videos to watch in your own time - these are useful no matter your level of trading knowledge. We have also developed premium proprietary Forex tools that you can download from inside thetrading room.

Despite our name, we are not a pure forex signals provider. We are very transparent and tell all of our traders that using forex signals alone is not enough to make you a consistently successful trader. Our community shares its best forex signals and trade ideas - and you will get trading alerts every day as the free forex signals are published. You can also share your best forex signals for community feedback, so you can take your trade with confidence. Signals providers in recent years have exploded in presence on social media, but please make sure if you are looking for forex signal services that you do your due diligence.

Many forex signal providers claim they offer you 'the best forex signals' out there, but trust us, we know that this is often not the case and spammers are rife in the industry. If at any time you would like more information on why using a free forex signal provider is not the real way to make a career trading, then come and chat to us on our 24/7 live chat and we will explain how signals providers work.

At Forex Signals we offer much more. We're focused on world-class trading education and teaching you the skills so you'll never need to rely on a signal provider that offers forex signal service.

Discipline. Focus. Hard-work. Dedication. Patience. Realistic expectations. Also, control of your trading mindset and strategy takes you on the right path.

Find a trading strategy that suits your trading style and then, stick to it. If you don't stick to a trading strategy and plan, you will most likely end up in thecycle of doom.

MetaTrader 4 and MetaTrader 5 are the world's most popular trading platforms. This is where you will look at your charts, perform technical analysis, plan your trades and execute your trades. Every day millions of retail traders use this trading platform to trade the forex markets.

To get your hands on MT4 or MT5 you will need to register with a trading broker. When you register with a broker, they will almost always usually provide you with your very own MT4/MT5 trading terminal - they will send you MT4 log-ins, and you can trade via a demo or live trading account. You can see a list of brokers we have comparedhere.

Once you have your MT4/MT5 trading platform, learn how to set up your Metatrader here.

Watch a short video prepared by our lead mentor Andrew Lockwood where he will show you around MT4 and share useful shortcutshere.

If you are trading Forex, you are trading on the foreign exchange. On the foreign exchange, you are trading world currencies against each other. The Forex market is often referred to as the 'FX market'. The Forex market is the most liquid market in the world, with over 6 trillion dollars traded on the market every single day! It's bigger than the stock market!

Forex trading is the buying and selling between a forex 'currency pair' including the major currencies, the minor currency pairs and the exotics currency pairs. There are over 100 currency pairs and the most popular currency is the USD.

The most frequently traded forex pairs are: EUR/USD, USD/JPY, GBP/USD, USD/CAD.

Minor pairs that do not include the U.S. Dollar. These pairs typically contain one of the other three major currencies: EUR, GBP, or JPY. Finally, exotic pairs include currency pairs from countries with a developing market presence, such as Sweden, Norway, or Mexico.

The Forex market is an excited and fast-paced market, hence, it appeals to a lot of 'retail traders'. You probably have participated in the Forex market without even realising it. For example, if you are from the United Kingdom and you plan to go on holiday to the United States, you will of course need dollars (USD) to spend.

You might go online or to a currency counter to purchase USD and you would be doing so at the current exchange rate. Then, when you return home from your holiday, you might have USD left. You return to the currency counter and ask to change your leftover USD back into GBP, but whilst you have been away, the currency exchange rate has moved, meaning you can get back more GBP than you had originally used to purchase your USD, therefore, you have made a profit from your exchange.

The Forex market is unique as there is no central marketplace. This means all transactions are done electronically across networks. Also, unlike other markets, the Forex market can be traded around the clock 24 hours a day, 5 days a week (Monday - Friday).

Andrew Lockwood, an experienced Forex trader explains what trading Forex is in this short video.

You can also adopt different trading styles to suit your needs. For example, you may find that you are more of aSwing Trader or a Scalper.