How to Identify Best Forex Trading Signal Telegram?
Are you someone who’s new to forex, but you don’t know how to analyze a trade, when to enter the market for profitable trades.? Or may be you are a trader who’s unable to find good and reliable forex trading signal telegram.
Worry no more! We done the research and tried several services for you. And brought you the best way to identify LEGIT forex signals in Telegram.
Stay tuned while we answer some of the most asked questions regarding forex telegram signals.
Are Forex Signals Worth It?
This is one of the most thought question when you are in forex market. A fraction of people say that forex signals don’t work and another fraction wonders around in search of a decent signal service.
To answer the question in short-yes, forex trading signals are worth your money when you are new to forex or want a passive income. Forex signal is the easiest way to enter forex market, trade and make money.
To find out who the best forex signal provider telegram is and how their VIP forex signals are, you need to research the market and all. While doing the research, you need to keep some factors in mind to identify best forex trading signal telegram. If you can identify quality VIP signals, you can also select best signal provider in telegram. So, let’s see how to do so!
How to Identify Best Forex VIP Signals Telegram?
In the forex market, you will find countless VIP forex signals providers, and you will be overwhelmed when you will try to pin out one or two signal providers from the stack to follow their VIP forex signals. But if you know the strategy of identifying quality VIP forex signals, it will be a very easy task to select a forex signal provider to follow their VIP signals on telegram. The factors you need to keep in mind-
Does the VIP signal have entry price/SL/TP?
When you decide to follow a VIP signal, make sure it has an entry price, SL, and TP. If it doesn’t carry any SL or TP price, you shouldn’t follow the signal. Some forex signals providers share/edit the SL and TP later. But it will not be an issue as long as they update the SL and TP prices.
Does the VIP signal have ideal SL and TP range?
Different traders use different SL and TP range according to their preference. First, find out what your ideal SL and TP range is. It means how long you are willing to take risk and reward. Usually, it should be 1:2 RRR. But different signal providers use different RRR.
What kind of trading strategy the VIP signal follows?
There are a few trading strategies that many traders follow. One of them is intraday. Traders who like to get small profit within a short period, follows this trading strategy. A quality VIP forex signal will always follow a trading strategy. Without following a trading strategy and picking entry price, SL and TP randomly will not refer the signal as VIP signal at all.
Does a VIP signal include trading analysis?
A quality VIP signal includes trading analysis. When a signal provider sends a signal in the channel, often they share the analysis of the trade with the signal or later. In this way, they are providing not only knowledge to the young traders but also sharing their analysis strategy with others. So, VIP forex signals with trading analysis carries a great value with it.
According to our research, these are few signal services which offer better and reliable signals-
1. NASDAQ100 Signals
This signal service sends signals on Nasdaq 100, US30, and Gold etc. They are available only on telegram channel, however, they don’t have a website of their own. They have good and accurate signals with multiple TPs. Most of their trades hit TP1, and very few trades hit up to TP3.
They send 3-4 signals each day. If you are someone, you is interested in trading indices like NAS100, US30, GER30 and Gold, you can check their free signals out on telegram- https://t.me/Nas100trader
2. M15 Signals
They provide 2-8 short term forex trading signal telegram signals each day. They claim that they have 90% accuracy, however, we found out that there signals have somewhat 60-70% accuracy. They trade Asia, London and USA sessions with signals of currency and gold. They have multiply TPs with 20-100pips and have 100-150 pips SL. The stop loss seems quite large in regards of the take profit.
In their website, they claim to have no losing Week or Month but, only updated till September 2021. However, amongst others with scam reputation, they have quality signals. You can test their signals for free from their public telegram channel- https://t.me/joinchat/AAAAAFjWr2HofJCa8C0k2w
3. Sureshot FX VIP Signals
SureshotFX sends 20-25 intraday signals each week, and have two separate services. One is for forex currency signals. They share free signals in their public channel as well and has a return of 500-1000+ pips. Check their free channel- https://t.me/sureshot_fx
Weekly results are shared in the channel regularly, so you can check their free channel. They also have a Performance overview page on their website, where they regularly update their signal history with entry, SL and TP. Check this out- https://sureshotfx.com/forex-signals-performance/
4. Easy Forex Signals
They have a team of traders with 5 years of experience. They share trading signals with specific take profits for scalping, intraday and swing trades. They also share their trade analysis, so you know they are professionals.
You have the option to test their free signals from their public telegram channel- https://t.me/EasyForexPips
So, here you have the chance to review yourself before purchasing their service. You can check their website for more information-https://easyforexpips.com
5. Sureshot Gold Signals
In this channel, only gold signals are shared by a trade team who specializes in GOLD analysis. And indeed their gold signals are one of the best in the market, with 80-90% accuracy. Their free signals alone can bring you good amount of profit.
They usually maintain 1:2 RRR or sometimes more depending on the market condition and their SL is between 50-90 pips. Check their signals out from their free channel- https://t.me/ssfgold
Above all, if you have our Telegram Signal Copier by your side, you can easily make profits without lifting a finger. 😉
Do you know you can make profits for free?– Read our blog about “How to Trade Forex For Free?“
To conclude, if you want to trade in the forex market and make some money, you need to identify a quality forex signal first. It is alright if you do not know how to follow the trading analysis to trade by yourself. Telegram Signal Copier team is always here to help you out in your trading journey.
Reach us out 24/7 through telegram support!
This is one of the very life changing article. TSC you always do all it takes to make forex traders with possibly of making profit more easily. I real appreciate your service.
Hey there! We are glad that you are able to provide the best solutions to the trading community and succeed in our vision. We hope you will stay connected with us.