I am very interested in Forex Trading but find its very difficult to identify the currency pair in which I should trade. Is there any site which provides free Live Trading Signals with high Accuracy. Basically… Ah. . it seems so easy. Believing there's a web site that will help you make money for free is. . Not realistic. It's impossible to duplicate anyones performance. . even the FX signal services charging $500 a month (assuming they're legit in the first place). Success in FX trading takes a lot of hard work & a lot of time. Unless you can put in 100%. . don't bother.
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Forex trading has so many variables that it is difficult to accurately predict what the market is going to do. There will always be risks, regardless of what advice you get. The way to mitigate the risks is to be pragmatic and set your stop-loss and take-profit limits, decide the timeframe that you expect the market to move in your favour and stick to them.
You will find a lot of useful information at
If you had trading signals that had a high degree of accuracy, would you give them away for free? Stop looking for a free ride. If you truly want to make money in forex, then you need to do your own research and analysis.
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There are loads of websites offering, forex robots, forex systems, live signals etc, most are useless and don't invest in. Free are very rare, best bet is to find websites that provide commentary for free and keep tabs on them through RSS or just daily visits, so you understand the levels the markets are looking at. Main exchanges like CBOE, CBOT etc forums forexfactory etc daily commentary wheresmystop. com
If you are starting out from scratch don't trade volatile pairs like GBP/USD EUR/USD GBP/JPY etc until you really understand the markets. Find lesser volatile pairs with less movement i. e EUR/GBP EUR/CHF
Sites I have found useful.
forexfactory. com ( Good forum all levels )