GUIDED SIGNALS GUIDE - FOREX SIGNALS AND MONEY MANAGEMENT

Forex signals are online trading alerts which provide a trader with trading directives for a specific currency. This directive usually includes 3 major details:

1. The price a trader is to purchase (buy or sell) a specific currency at, this is called ENTRY PRICE

2. The price the trader is to take a profit and therefore close the trade at Called TAKE PROFIT (TP).

3. The Price the trader is to take a loss at thereby limiting losses in the event of a draw down or wrong market analysis called STOP LOSS (SL).

GUIDED FOREX SIGNALS (GFS SIGNALS)

Guided Forex Signals unlike most signal providers use fundamental analysis (Economic weighted system) to support its analysis and as such can make predictions on the market before long before they occur depending on the economic data studied. (Take Forex course to understand forex analysis)

This allows us give DAILY SIGNALS having both buy and sell options indicating both possibilities of the market for the day. Daily signals allow traders to place pending orders using data/directives from the signal and leave. (See pending orders in beginners class)

We also provide short term signals called INTRA-DAY SIGNALS which are released within the day with few minutes notice before release. This makes our signals of two major types: Daily signals and Intra-day signals.

Our signals come with RE-ENTRY POSITIONS to cover the possibility of change in market conditions resulting in draw-downs, change of market volatility and currency valuations (Take Forex course for full understanding).

Adjusted signals usually contain 3 major details:

1. RE-ENTRY position/price: This is where the market draws-down against an open trade. Re-entry position is where to enter the same purchase (buy or sell) order.

2. RE-ADJUST TPs or SLs position: Re-adjust original positions just like the name implies demands that the trader should re-adjust the previous TAKE PROFIT (TP) price to the newly given Re-adjust TP or SL price. Therefore both trades (original and re-entry) will have the same TP and SL

3. RE-ENTER TP or SL: This demands trader to leave the original TP and SL and enact newly given TP and SL on only the RE-ENTRY Trade newly opened. (See examples of all instances below)

NOTE: Adjusted signals are only open in the event of a draw-down reaching the Re-entry price.

SAMPLE SIGNAL 1

Fig 1.1

In this signal above, the trade opened the sell signal and took a profit without having a draw-down up-to the RE-ENTRY position as seen in figure below. So, the Re-entry position where not opened at-all for the day.

Fig 1.2

Note: This is Daily signals. This signals are provided for trader at the beginning of the day

00: 00 or 12:00 am GMT. This gives the trader enough time to place trades as pending orders (See beginners course for placing orders). However, not all trades can be placed pending orders as sometimes the Entry price is at the previous days Market close price. (See Forex tutorial for more).

SAMPLE SIGNAL 2 - RE-ENTRY SIGNALS

Fig 2.1

In the above VIP signal of 28 MAY 2019, the RE-ENTRY signal if observed would have resulted in a double profit on one trade as seen below.

Fig 2.2

NOTE : Re-Enter TP/SL mean you are to keep both trades with their respective TPs and SLs. NOTE: The red line indicates the original/first daily signal and the green line represents the Re-Entry signal. As can be seen in picture above, both signals clicked. However, this is not always the case, sometimes the original signal may hit SL while the RE-ENTRY signal hit TP thereby covering the original loss. Few times both trades hit SL.

SAMPLE SIGNAL 3

Fig 3.1

Fig 3.2

In this Signal, the RE-ENTRY Signal instructed all TPs and SLs to be readjusted and as can be seen in Fig above the both took a profit, however the original/first signal did not take up-to the 30 pips TP as it was readjusted.

Simply put in RE-ENTRY/RE-TAKE POSITIONS, the RE-ENTER ORDER instructs traders to open new order with new TP and SL without changing anything about the previous already running order whereas in RE-ADJUST ORDER, trader is expected to readjust the TP and/or SL of the already running trade to the new RE-ADJUST TP and/or SL.

SIGNAL SCAMS - TP to SL ratio Imbalance

TP to SL is balanced where TP pip amount = SL pip amount (For Example, Tp is 20 pips and SL is 20 pips)

TP to SL is considered imbalanced where TP is greater than SL (TP > SL), called TP surplus or TP is less than SL (TP < SL) called TP deficit.

Although the number of Forex Signal Providers keep increasing everyday with both free and paid services promising as high as 70 - 90% success rate of signals, yet somehow the number of successful Forex traders keep reducing. There must therefore be a logical reason for this and while it is sometimes due to traders gambling (traders who venture into the market without adequate training and experience) or Traders who forsake their signal directives or are too busy to take all signals or broker scams etc. However most traders with signal providers who are recording monthly success fail because of what we at Guided Forex School call Take Profit to Stop Loss Ratio imbalance (TP Deficit).

In Forex where THERE IS A TP DEFICIT every win should be considered in the Ratios difference. For Example; a trade with 60 pips (points) SL and 20 pips (points) TP, mean it will take only 1 loss to cover the profits of 3 trades. This therefore means a 70% win rate (7 out of 10 trades) and 30% loss (3 out of 10 trades) will equal 7 trades X 20 pips = 140 pips in profit and 3 trades X 60 pips = 180 pips in loss. This totals 140 - 180 pips = -40 pips loss.

So, although they have such a high percentage success rate, the signals ensure its traders with a loss. This 70% success rate is therefore equivalent to a standard 40% success rate if the Take profit and Stop ratio was balanced (equal).

For example: where TP and SL all have 20 pips; 40% success rate (4 out of 10 trades) would mean 4 X 20 PIPS = 80 PIPS and 60% Failed trades (6 out of 10 trades) meaning 6 X 20 pips = 120 pips. This totals 80 pips - 120 pips = -40 pips.

If you calculate further you find out that traders start seeing profits from 80% success rate with this kind of signals and such success rarely exist.

Although, this is not always the case as most times these signal providers have TP 1, TP 2 and TP 3, which TP 2 and TP 3 reach and exceed the pip value of the SL, however the problem still remains; are the traders expected to make 3 trades for each TP because if so, if after one reaches TP 1, the other two trades may reverse and hit SL realising more losses for the trader while the signal provider claims a successful trade as TP 1 hit TP.

OR are traders to watch out permanently for instructions on whether to hold for TP2 or not? and move TP 2 SL to new positions etc. in which case following the signals becomes an all day program, not feasible and negates the whole purpose of signal subscription

OR are traders to use high lot sizes on the TP 1 and lower lot sizes on subsequent trades, this only leads to bigger losses when trades hit SL.

For experienced traders, it becomes obvious that without Take profit to Stop Loss Ratio balance or TP surplus, the signal percentage success rate does not and cannot reflect the true traders success rate and signal value. Therefore, most traders have been misled by this.

In the event of a TP to SL balance anything above 50% success rate of signals results in profit as provided here at Guided Forex Signals. And with TP surplus a lower than 50% signals can still result in profit.

MONEY MANAGEMENT (See beginners class for full understanding)

We at GFS recommend a minimum of $250 capital for traders and no every trade should not risk more than 2% of their capital. This means that an account with $500 should not risk (stand to loose) more than $10 per trade if it hits SL.

WHY CHOOSE GUIDED FOREX SIGNALS

1. Our Signals always have TP to SL balance or TP Surplus.

2. Our Daily Signals come early enough for traders to set and leave if they choose WITHOUT HAVING TO MONITOR TRADES ALL DAY.

3. Our signals are based on fundamental analysis as well thus retake positions due to changing maket confditions.

4. Our signals assure 30% profit or a free month: This is calculated as 60-70% success rate. However this will be calculated for the group monthly.

5. Receive one week free VIP signals to trade on LIVE accounts before paying for signals. This is done so trades make profit even before paying for signals. (Mostly for Guided Forex Academy graduates).

Please be advised that we fully encourage all traders to have at-least a beginners Forex Training before trading Forex even with signals. We at GFS will not be responsible for any errors in trading due to lack of the basic knowledge of Forex.

Note that Forex like any business is a risk and must be traded with this consciousness. As such we advice traders to use Capital within what they can afford to loose and proper Money Management as covered in beginners class. We at GFS can only assure a free month for months below assured success level.

Good luck and welcome to our signals channel.