Forex trading together with vfxAlert
Forex technical analysis is the means of examining and predicting price movements in the forex market, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
- Online charts of various types to track the movement of the signal;
- Heatmaps and signal statistics to estimate the signal’s profitability;
- Current market trends to predict the movement of the market;
- Economic calendar to know important financial news.
All instruments are arranged in one working window. You can choose any broker that is available in your country. See how the vfxAlert application looks like in this video
vfxAlert works with any operating system (Windows, MAC OS, Ubuntu).
See how to install vfxAlert on Windows
See how to install vfxAlert on MAC OS
The trader needs to understand what is the trading signal, and how to read it. The signal is the electronic alert with the recommendation of whether it is smarter to put or call. It gives the trader the maximum information about the trading asset. However, a trader should consider that the signal it’s only a suggestion. All important decisions rely on the trader. That’s why it is necessary to have a trading strategy to make the actions logical and well-thought-out. Let’s look at the signal’s structure.
Structure of signal
Recommendations for profitable forex trading
Use these recommendations for forex trading to make your work more comfortable and fruitful.
- Open the Free account. You can do it online or download the program. On the Free account, you can practice and understand how the application works.
- Create a trading strategy to make your actions more reasonable. Read our blog to find many good strategies.
- Learn how to use the heatmaps for the forex technical analysis. Watch the video to know more about the heatmaps.
- When you’ll be enough experienced, you can open the Pro account. On the Pro account, you will receive the possibility to trade digital money like bitcoin and litcoin.