There are a heck lot of ways to trade in foreign exchange. But no matter what method of trading you’re using, there’s just one single paramount motive. You want to get profits. Now, there’s no point in declaring a method as the best ahead of all other ones. Every single trading formula comes with its own set of strengths and weaknesses. What you should look for instead is a prototype which has a comprehensive application across any format of trading. This is just where Archer Forex signals are hitting the high notes.
Coming straight from market experts, these signals characteristically have an all-round application, something which few other signals or trading setups have.
Jack of All Trades:
The idea is to give a trader like you straight up analysis along with entry and exit signals as per the current market situation. As obvious, there are more than a few things which come into the picture when you’re thinking about trading in this market profitably. But that’s easier said than done.
With Archer Forex setup, there’s actually nothing which you need to say or nothing much which you have to do. As a matter of fact, this trading system is somewhat a cross between technical tools or indicators and trading robots.
Institutional trading lies at its basis. Instead of analysing the market as per multiple time-frame or trend specifics, this setup concentrates on making the best of a currency pair by integrating historical institutional functions.
So, you’re not only using a technical tool. This is reminiscent to using a tool after back-testing it while accounting present and past market data across multiple market data sections and strands.
A Deeper look into Archer Forex:
To continue, this system compiles a body of market analysis. Numerous analytical algorithms are at play inside this single system, all of which come in use while performing singular pair-specific analysis of the market.
Thus, you’re not using multiple commonplace and obvious technical tools like MACD, RSI, OBV among others. Instead, what you have is a single trade setup which does the work of all of them.
A point worth mentioning at this juncture though, it’s not like you are losing out if you’re not referring every single sacrosanct indicator or tool out there. It’s not about the tool. Rather, it’s about the market data section or strand which you need account for before going for transaction.
Coming back to the trade setup, multiple algorithms compile a single market analysis on a pair as per time-specifics. That is, you’ll have profitable market signals right in front of you. There are however separate applications as per the time-specifics in this setup, viz.
• Intraday Signals:
Basing on multiple trading algorithms, this time-frame setup will order the system to deliver multiple profitable opportunities across all major currency pairs. Buy and sell signals will not go into overnight securities.
• OTPD (One Trade Per Day) Signals:
With this time-frame setup, the system will provide you a high-profit transaction relative to a single currency pair.
Capping it off, Archer Forex simply aims at integrating single-point signalling deliverables for traders like you to make profits easier to come by – Period. It’s worth at least a Demo whoever you are.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.