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1. Forex Signal
A forex signal is rightly described as a suggested trade method or suggestion for a currency
pair. These are usually price and time specific. A human analyst (individuals who are recruited
for examining, comparing, and determining data for trade) or an automated Forex robot (it is a
fully automated program/an automated tool, which uses an innovative trading algorithm for
confident and correct trade) is used for the generation of these signals. The signals are
transferred to the traders via E-mail, website, SMS, RSS or tweet on a strict time-bound basis.
Forex Signals are very handy to receive as these are available in more than 150 countries
(through different organizations working on their generation for smooth trade) and in
approximately 700 mobile networks. The companies who are working 24x7 for the generation of
these signals, alerts, and charting software sends these signals in the form of alerts anywhere,
anytime. The signals forex generated by the service providers fall into two broad categories,
they are as follows: free signals and paid signals. Paid signals are of three different types, they
are: paid signals generated either by personal analysis or algorithmic analysis, paid signals
generated or provided from multiple signal sources, and signals provided by Forex robots.