FX & GOLD VIP Rooms: https://t.me/TWPVIPBot In this video, I will explain the BEST Swing Trading Strategy for PROS and ...
this week I'm going to test free Forex signals from real telegram groups on a live trading account hopefully in doing this I can find us a few providers we can rely on to get a few Pips from a couple times a week to help us with our accounts now I know this is an uphill battle because there's so many scams on telegram but let's give it a go and see if we can make some money just smash the like button to let me know if you like this content and subscribe to the channel because I'm almost at 100 000 subscribers let's dig in so first if you don't have telegram this is just an app that thousands of signal providers use to send trade alerts to their communities trade alerts tell you when to place a trade whether to buy or sell where to take profit where to put your stop loss and all that good stuff and I always feel that starting with free Forex signals is a great way to see if you have the stomach for Forex Trading now here's a bunch of different telegram channels that I can choose from for free three 4X signals for this week's test so if I click on this channel right here you'll see there's a big description I've seen this FX lifestyle guy before he claims that 5.2 million dollars of profit has been made copying his free telegram channels this year over 91.2 percent of the Forex signals make profit which is absolutely insane and ridiculous and when we go to these telegram channels you'll see tons of blue a lot of winning but it's not always what it seems so don't get money symbols in your eyes just yet so what I'm going to do is I'm going to take all of these names right here and I'm going to plug them into the wheel of names right here that way I'm not biased in who I'm selecting and we get a true representation of free Forex signals in this market and this time you're just gonna have to like the video that's the winner all right let me go spin the wheel a few times and I'll be right back alright so I selected all the free 4X signal channels buy random draw using the wheel and the channels I'm going to test are one Forex signals IO two best Forex signals free channel 3 gold FX signals and four gold sniper FX double zero one alright so let's go ahead and just take a look at one of those channels this is Forex signals IO you could see here they provided a gold signal at this level right here you could see this was a sell signal they gave one take profit at 2014 a take profit two at 2012 and a stop loss at 2022. if we scroll down here you can see they show us that this trade is winning this trade hit the first take profit and then they're celebrating with this meme right down here but now it's time to get my hands actually dirty start placing trades from all four of these groups and then report back to you if any of them are worthwhile so I'm gonna start placing these trades and I will be back in a few days to update you on the results foreign trades all week with the free four telegram channels just plugging all the Forex signals into my phone and I have all the results to show you my account had around sixty thousand dollars when I started and I aim to risk one percent per position splitting that over the multiple take profits I'm receiving from the signal provider and yes I did put the same sweater on for continuity purposes so don't make fun of me in the comments be nice and leave a comment right now let's get into the trades all right so this is the first signal I received you could see it's a US dollar Japanese Yen Buy on this trade we are in a clear bearish Trend right look we're tapping this trend line multiple times here so I'm really not sure why the signal provider decided to give me a Buy trade so what happened the entry was actually pretty sweet here the price moved up hit my first take profit so I did win that first trade then the price pushed down continued with that downtrend as I was expecting and smashed the stop loss rate here and smash the stop loss rate here so I lost the second two positions of this trade and on the first position the risk reward ratio was only 0.5 so I lost a fair amount on this position guys if you were looking for a place to trade you need to check out the best broker in the business hanko trade this is where I do all my trading it's where I've been doing all my trading for a while now the best spreads the best commissions the best chance to win check out hanco trade right now the link is in the description and registration is free the next trade was from Forex signals IO as well I decided I gotta give them another chance this was a GB CAD cell trade so they're telling me to sell this was really looking like more of a bullish Market here you could see the price pushed up and then we do have a little bit of a consolidation rate here you actually could have convinced me that this was a little bit of a breakout play with the price breaking out of the pattern right here and pushing all the way up on this sell trade I hit three losses in a row so 4X signals i o not doing what I want them to do I decided to give them one last shot because they just kept sending me trades this was a GJ cell let's go into this sell trade rate here and they're doing the exact same thing they're counter Trend trading right you could see here we are we are in this clear uptrend right here there's no break of that line and for some reason after a huge push-up right here and basically a flag pattern they want me to sell so I do as they say I lose another two trades on this one so Forex IO one wins seven losses not what you want out of a free signal service who knows if they even have a human sending these signals it seems like a bad indicator is sending them at this point I decided let's try out some of these other rooms see if they're any better and so I had this gold sell trade from gold FX signal I threw it on my trading view for you here and this one is uh kind of funny here you could see I wrote really horrible risk reward you could see here we are risking this much of the trade to win this much profit which is terrible and you will tank your account like that this trade did go in the signal provider's Direction take a look at that win win win even though these are really really pathetic risk reward ratios and you should not trade this way provider did go three for three won those three trades again I I don't know why the hell they took this trade none of these providers actually tell you why they're taking the trades so you can't even learn from them which is something I'll talk about later so after that I went into another another channel here this was the best Forex signals Channel this was a Swiss franc Japanese Yen cell trade let's take a look at this trade rate here so if I scroll back here you can see we're in a really really significant uptrend here you're really not looking to sell but they did give us a to sell it really just doesn't make a whole lot of sense to me too you can see here we have support at this level right here and so maybe that's an area I would be looking to place a trade from instead they sold on this one right here and they actually did hit the first and second take profit you can see right here so they won two of these positions and then lost the third position when this pushed up but if I was trading this myself I'd be looking to trade off of this key level right here and continue on with the trend you could see you can see we get a liquidity grab here liquidity grab right here so after those positions I would be looking to get in somewhere right here trade off of that key level and that is obviously a much better looking trade so I have one more position to show you and this was this trade right here you could see this was a gold sell trade and if we go into the trading view right here this is what happened on that trade honestly I'm not sure what the hell they were doing on this trade it looked like they just wanted to hit something really really quick they jumped into the trade at this point right here smashed the first Shake profit right there and then the trade pushed up and smashed the stop loss so this provider gave me one win one loss we ended up break even let's take a look at the verified trading results at the end of the week here you could see here I lost about fifteen hundred dollars on my real hanko trade account here let's scroll down and break it down a little bit you could see here we had 15 trades I won six out of the 15 trades for a 40 win rate not really good at all especially considering how bad the risk rewards were I showed you those in the trades and these are all of the positions that I had here it was a lot of red so honestly I don't think that these free Forex signal providers are what you want to use on telegram now I chose all of these signal providers at random but the results are misleading they aren't teaching you anything you don't know anything about the analysis and they're probably just using a robot or an indicator system that's sending the signals right to that room they're just hoping that you win a trade or two and then they hit you with a crypto investment scam which I saw a bunch of these in these trading rooms if I just scroll down from that last trade I showed you you can see right here there's a crypto investment plan invest five hundred dollars get five thousand dollars invest one thousand dollars get ten thousand dollars this is a complete scam if you go in any single room in Telegram and you ever see this leave immediately it's a scam no one can promise you a 100 or 1 000 return on investment guaranteed in a couple of days if they could they wouldn't be asking for your money so be smart now if you really want winning free Forex signals I'm going to show you where to get them next let's get into that so at the end of the week Forex signals IO was one win seven losses best Forex signals free was two wins one loss gold FX signals was three wins zero losses horrible risk reward ratio don't even bother and gold sniper FX was one win and one loss I know the result from the free Forex signal providers was terrible but I'm not leaving you with nothing today my free Forex signal channel has won five straight wins in a row using good risk reward and I'm gonna show you those trades right now you can see here this is the signal Channel if I click this link right here it will actually take you to the analysis I break down what I'm looking at on the 30 minute chart on the four hour chart I give you a buy stop order on this one I give you one take profit one stop loss and it's really that simple let's go ahead and take a look at that trade see what happened well you can see here we are clearly in an uptrend we have a demand Zone rate here price touches into the demand Zone I send you that signal price pushes up you win the trade another trade same thing a little break and retest right you can see I have my support set up here we break we retest I give you the cell I give you the Buy Signal push up win the trade you're actually winning trades in my free room here's another one now we're in a little bit of a downtrend here I have a supply set up I want to see a reaction to my Supply price comes in the supply pushes down I give you that sell trade price pushes down you win that trade this is five trades in a row and I'm doing the exact same thing we are in an uptrend here we create a demand at this level price pushes up here breaks previous highs comes back down to the demand a price we like I give you the Buy trade pushes off this price here and gets that win and lastly here's another one same thing we're in an uptrend price pushes up breaks previous levels here comes back to the demand a sniper entry pushes up smashes the take profit five wins in a row in my free trading room the link to that is in the description get some free trades the risk reward ratio is one to one so there's a 50 chance you're gonna win these trades they'll help you with your prop firms they'll help you with your account and I'm not charging anything and you won't see any crypto investment scams in there so that's it for today guys and if you like this video at all please smash the like button subscribe to the channel tell me what you want me to do next and I'll do it for you can't wait to see you next week by then I should be a father thanks so much for watching much love