In this post I will be reviewing the Traders Elite Premium Forex Signals Service. The forex signals are provided by traders using their own personal trading strategies. You can see the latest signals results on the Traders Elite website as well as the trading history of the signals all the way back to 2012. This adds great transparency and allows you to cross reference the signals for verification.
You can take the Traders Elite forex signals as and when you wish without having to worry about what pair/time frame you will trade, when you should enter/exit a trade and what your stop loss and take profit levels should be. This is all done for you – you can choose to simply copy the signals.
It is very simple to copy the signals with multiple options – receiving them via email, via the Traders Elite mobile app, from the websites member’s area and perhaps the most useful of them all – the dedicated trade copier solution which will even place the trades on your behalf making this a fully automated forex signal solution should you wish.
When you join Traders Elite, they offer some fantastic promotions including 12 months free and 3 private trading indicators that you can use on your own trading account to generate the trading signals yourself in your own time (these are ultimately the signals strategies). This is a very unique feature that allows great flexibility to the signals such as giving you the opportunity to verify them in combination with your own technical/fundamental analysis. Although, you do not have to do this, it may be interesting for some traders to analyse how the signals were determined. Otherwise, you can simply copy the signals sent to you or run the fully automated trade copier in which case you will not need to do anything!
The 3 trading strategies included with Traders Elite are very thorough and cover a wide variety of different market behaviours, currency pairs and time frames. There is the trend catcher strategy which aims to buy/sell on pullbacks of the overall trend for optimal entry, the price flip strategy that is used for analysing price action around overbought/oversold levels for entries in ranging markets and the macro levels strategy that uses support/resistance for levels as entry points.
I must say this is a great variety and combination of trading strategies included and I will reiterate – the Trader Elite signals are based on these strategies and you are free to use the strategies yourself without even needing the signals. It is a lot easier however to let Trader Elite to all the analysis and simply duplicate the entries.
There is a trial offer so you can test the signals for a few weeks’ worth of trading and see how it suits you. You can also cancel at any time and even get a money back guarantee for up to 60 days’ worth of service. This is one of the most reasonably priced forex signal services that I have reviewed considering how much you get for a small monthly subscription fee. Certainly worth checking out for both manual, semi-automated and fully automated forex signal options.