How to use TWJ LIVE SIGNALS SOFTWARE to trade in forex market ?
You can use TWJ LIVE SIGNALS SOFTWARE in forex with the same confirmations as of binary , however the timeframe matters a lot . It depends whether you want to take a forex position for few hours to mins ( known as scalping ) , intraday or weekly timeframe .
So this should be your perfect timeframe
✅FOR SCALPING – 5 MIN TIMEFRAME
✅INTRADAY – 30 MIN TIMEFRAME
✅SWING TRADE – 4H OR DAILY TIMEFRAME
How to set target & sl in forex using the software ?
So for this you need to keep 2 things in mind , first one is ( RRR which means risk to reward ratio ) and second one is the important support and resistance zones
The RRR (risk to reward ratio) should be more then 1:2 for better trades . 1:2 to 1:4 are very good ratios . In simple words if your target is 100 pips away from entry and stoploss only 25 pips , it means the risk to reward ratio is highly good 1:4