Strignano’s Forex Signals are different than other Forex signal services you may have tried. You are not just getting a signal of an entry, stop loss and profit target like other services. While all this information is included, what Tom really wants it to teach you how to be a successful trader (with a cheat sheet).
You do not only get the signals, but you get an education on how to trade them. The signal itself overcomes half the battle… when to get into the market. Then the 6 price targets you are given (in conjunction with the training on how to use them), lets you manage the trade like a Pro Forex Trader.
Imagine, instead of trying to figure out when to get into the market and on what currency pair and time frame… Tom just tells you by sending you an email or message to your cell phone. Most of the Forex trading courses, ebooks and programs out there are designed to teach you when to get into the markets. With Strignano’s Forex Signals you don’t have to worry about that!
What you do need to do is manage the trade once you get into it. Tom gives you 6 Price Targets for this purpose. (Everyone keeps asking how he comes up with these levels on the webinars. He won’t tell you because this is proprietary information he gained through over 25 years of professional trading). But the good thing is, Tom calculates these out for you and gives them to you with the signal.
These price targets are designed to help you gauge the momentum of the market. As it hits these key levels, you can make decisions. You can move your stop loss up. You can exit a portion of the position. You can exit the trade.
The Blue Dotted Line was the Entry
The Red Dotted Line was the Stop Loss
At the First Red Line I move the Stop Loss up by half (reducing risk)
At the Second Red Line I move the Stop Loss up to breakeven (no risk!)
The Blue Lines are the other price targets
All along the way you make decisions of whether you want to scale out of the trade, or exit the trade.
While some Forex traders only want simple signals they can plug into their trading platform, anyone that wants to learn HOW to trade should be interested in Strignano’s Forex Signals. In the first case, you are only an order taker. But with Tom, you really become a trader (even if it is with a cheat sheet).
Since using the signals I’ve realized how important it is to have price targets. You just can’t put on trade and then “see what happens”. The 6 price targets Tom gives really helps you see how the trade is progressing and what to do at each stage. This means fewer losing trades and more profit.
