SIGNALS

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Specific ideas or recommendations for trading. Signals are usually short messages sent over apps like Telegram or online forums saying something like ‘dollar-yen buy stop 0.01 at 108.050 target 109.900 stop 107.800’, i.e. giving specific information on what to do but not the reason(s) for doing it. In many cases it’s possible to copy signals automatically by following a provider in MT4 or MT5. Some signals are reliable; however, it’s usually very unwise to follow any signals blindly.

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