Published:  May 22,  2019 5:10 pm est


by Tom Kadale,
Contributor Market Analyst
NewsmovesMarketsForex

EURCHFRates by TradingView

 

This post is meant for our new RagingFX subscribers. It demonstrates the amazing shelf life of our signals. This example is a ‘live wire’ signal that I plan on riding through until it hits the Take Profit level shown.

Here are the details… The tendency for our new subscribers has been to react quickly whenever one of our signal alerts comes in. That’s probably a reasonable choice for signals with Periods of H1 or less, such as M15’s or M30’s, since their shelf life tends to range from 10 minutes to three hours.

However, for longer periods (i.e. H4 and D1) like this one, shelf lives can range from 6 to 12 hours or even longer. Yesterday I was so busy with other activities that I didn’t have time to trade.

So before turning in for the night, I decided to check the list of signals that had come in and found this one. It was a SELL signals for EURCHF with a H4 period and… it was still valid! …which meant that the price action had not passed the Stop Loss or Take Profit levels provided by our algo below.

I placed a 7 lot MARKET order, since the bid was above the suggested ENTRY level. I used the same Stop Loss and Take Profit levels provided. Trade FX differently. Find out how at RagingFX.com

 

 

Get to know us at RagingFX.com

 

 

 

Forex Trades EUR CHF MAY 22, 2019
The Owner of this website as well as third-parties involved with this site or affiliates opinions, analysis or insights does not constitute as investment nor financial advice.  Our commentaries and contributors analysis are know as a general opinions and does not constituent as investment advice. We will not be responsible for losses that users rely on from the content disseminating from this site.
 
 The content of this site is for informational and educational purposes should not be taken as buy sell recommendations just a general opinions and not a guarantee of performance of market results.  If you have questions about investing in the financial or forex markets you should consult a license professional financial adviser.
 
Trading Forex on margin can go for you or against you, investors should fully understand all the risk involved before placing trades.  Ownership as well as all parties and contributors involved with content on this site express no guarantees as to the accuracy or completeness of information.
 
The market conditions, economic environments change dynamically we will not be responsible if users rely our content and incur or undertake trading losses thereof.    Although we do are best to assure accuracy of information disseminating from this site all content is subject to change at any time and we do not make any guarantee of content accuracy. 
 
 
 
Mr. Kadala is an internationally recognized writer, speaker, and facilitator on topics related to FOREX trading. He is also the founder of RagingFX(r), a self-learning algorithm that generates FX signals for its online subscribers – RagingFX.com.
 

From the RagingFX Trading Desk… Tom Kadale, Forex Algorithm engineer RagingFx.com and Guest Contributor Market Analyst for NewsmovesmarketsForex

 

 

Forex usdchf fx trade eurchf eurusd algos fxtrading gbpusd