In this post I will be reviewing the Take-Profit Forex Signals service. Take-profit.com provides Free Forex Signals online with real time performance and totals. The take-profit forex signals website is updated very frequently with the latest performance results and signals. This is a great way for you to check the overall performance which I must say is great and to get a taste of how the signals work before you subscribe. I must say, I was impressed by the results across multiple currency pairs with a good frequency of trades and a sensible risk to reward used on the signals. I could therefore recommend these signals long term for those traders who do not have the time nor the required knowledge to trade forex successfully.
This is a forex signal service that will email you signals on multiple currency pairs when you are subscribed. You can then choose to place the signals manually on your forex trading account with the entry level they give you as well as the pre-determined stop loss and take profit levels. There is no additional analysis required on your behalf, you are given all of the exact price level to enter and exit the trade. Not all trades will be triggered after which point you can manually delete them or set an expiry time when you place them as the signals also come with a time limit on them to be triggered or not.
Pending order should be placed as signal arrives (at “From” time). “Till” time is intended to forced exit. Any open trade is “Filled” when “Till” time is about to be reached. Any pending order is “Cancelled” when “Till” time is about to be reached. Use trailing-stop to maximize profit. Please keep in mind that different brokers give different quotes at a specific point of time. The difference is usually about 5 pips and perhaps more. To overcome this issue Take-profit.com tries to average quotes from different brokers and provides “average” results. Nevertheless it’s possible that your trade reaches entry/take-profit/stop-loss level when Take-profit.com trade doesn’t and vice versa due to quote difference.
Overall, this is a superb forex signal service that you can try for FREE and when you start seeing the pips coming in you can then choose to get updated with the latest signals regularly via email. Forex trading can take years and years of practice to master so for those who do not have the time, including beginners, this is a great choice of forex signal service provider. Make sure that you are trading on a trading account with a true ECN forex broker for the very best possible trading conditions with the lowest spreads and plenty of liquidity for fast execution – this will also save you trading costs as well as increase your chances of being profitable.