PipStop

It's a question I've given a lot of thought recently. The Internet is awash is "trading signals," and who in their right mind would promote a lackluster, or anything less than successful signal? The answer is no one.

So what makes a good trading signal. More than ever now there are free signals. Everyone from Jordan Lindsey to Pips and Tips with their practically irrelevant scalping tip to the folks at Elliott Wave Signal. All three, incidentally are based in different countries, with only Jordan's JCL group based in the United States.

There are many more, and I don't mean this to be a thorough overview of signals, but it's just been a thought of mine that I've had since our trading team at Trading Post is working to formulate our own signals, that we would make public as well as trade ourselves. Or I guess that would be the other way around. We'll trade them ourselves then make them public.

Internally we've already been outputting some great stuff. Last week it was shorting then going long on the Aussie, this week, actually the last two days it was going long on cable with 196+ as a target, which it broke through over night. 

I think I've discovered that the vast majority of signals won't ever replace anything. What they will do is perhaps provide perspective and insight which will add confirmations as you trade.