I recently came across a forex day trading signal service that puts out weekly alerts. I took them up on their offer of a free trial and was simply blown away by the depth of their analysis. I monitored results for the first few days and was positively stunned when several of their trigger trades got hit. Given every one of the triggers was a forecast of dollar strength – it stood to reason that equity markets in the US would fall… and fall they did.

Forex Day Trading Signal Calls for Dollar Strength and Market Delivers

If you’re anything like me you’re skeptical of any kind of automatic trading system. Technically this isn’t an automatic system but it is a disciplined system with fixed rules (a.k.a. if “a” happens then we’ll make trade “b”, etc.). Oddly enough when I initially read the weekly preview report it looked a lot like the analysis was calling for a strengthening dollar. When I see a forex day trading signal that calls for dollar strength against one asset I look for other assets as well. Turns out the system was making multiple calls for dollar strength. One-by-one the trade triggers started hitting – all of which were calling for a stronger dollar. It was at this point I saw a forex day trading signal call for the expected equities market drop as well.

Needless to say the market delivered on both the dollar strength call and the considerable equities drop (600 points +/- on the Dow since the equities drop call). I have to say I am more than a little fascinated as to just how accurate the day trading signal service was. I opened my weekly review report on Sunday and now have access to more anticipated activity for the coming weeks. The solid research has led me to believe there is something to this system and we look forward to seeing what other trade triggers fire this week. Week one on the system was outstanding and I for one am looking forward to a great second week.

Trend Trading Is a Disciplined Approach to Investing

One of the great weaknesses investors have when trading the markets is their own psychology. The market preys on the human frailties of fear and greed and as a result too often traders do the exact opposite of what they should in the market. The beauty of a trend trading system is that the decisions are rigidly followed and no gut instinct is used. All the trades are placed in advance and only fire when the market circumstances prove optimal for entering (or exiting) the trade based on the system’s decision making matrix. At no time does the trend trading call for the investor to rely on their own instincts or state of mind to determine the next move. It’s all planned for ahead of time, with tiny daily pre-market tweaks as the market moves in our (favorable) direction. I have to say I have been extremely pleased with the results and wait eagerly to see how more weeks play out. The best part of it all is I don’t have to sit and monitor the markets 24 hours a day. Any forex day trading signal service that can do that is ahead of the game in my book!