Been trading for 6 months now. I have some systems i am using which seem to work but i would also like to find somewhere that gives accurate predictions or signals that don't cost the earth. I am subscribed to someone for $200 a month but have lost alot of cash because this guy is a scam. Any god ones out there?
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You could use some old fashion economic calculations, for free. And, start trading with fundamentals.
http://www.stlouisfed.org
For economic data you might want to use.
I agree with the second answer. But, you can find mis priced currencies. In the fundamentals.
What makes you think that anyone can predict the markets?
In the long-run it's impossible to determine were currencies are headed. Don't you think that if anyone knew that then it would be very easy to make HUGES amount of money?
Now from a more theoretical perspective: interest rates, inflation and currency balances tend to be related to future currency prices but that is information that everyone know and therefore is already incorporated in the prices. What really moves currency is SURPRISES, things that were not expected…. and by definition surprises are just that unpredictable. Therefore, making things hard to predict…
My advice: stop paying other for tip on were the markets are going, nobody really knows….
Sorry for the bad news, but I am sure this will help yo in the long run….
Bets of luck,
Unfortunately by experience is that free signals are worthless and if a signal or prediction service were any good it would cost much more than $200 per month.
I know this isn't the answer that you are looking for but it is the truth and will save you money in the long term.
Paul
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Great post!