Wireless Currency Trading Signals

Wireless currency trading signals are a great way to keep up-to-date on how the FX market is doing while you’re on the road. Once you get a wireless message that the market has reached a predetermined price level, you may place a trade over the phone to benefit from the information.

Other signals that may be send wirelessly include indicator alerts, news alerts, margin alerts, and customized alerts that you can make to your own liking.

The main signal services are made for PDAs, web-enabled cell phones, and pagers (or as SMS to a cell phone).

Wireless Currency Trading Signals – PDAs

PDAs offer a great interface to keep you plugged to the market. The services you can get to a PDA include

  • Quotes
  • Market monitoring services (including alerts)
  • Latest financial and world news
  • Market analysis packages

Some of the gateways through which you can get these currency trading signals for your PDA are

  • AvantGo
  • Palm.net

For example, Bloomberg services are available through both AvantGo and Palm.net.

Wireless Currency Trading Signals – Web-Enabled Cell Phones

The availability of services for web-enabled cell phones is considerably larger than for PDAs. In fact, most of the financial information providers, such as Bloomberg, Reuters, and Thomson Financial, have a wireless initiative for providing services directly to cell phones with a web connection.

Because of the capabilities of the modern, selected cell phones, you might get advanced charts in addition to a news and data flow, making decision making on the go much easier.

The way you can get these signal services is usually to contact the information provider directly. They either offer the service themselves, or through a third party that is specialized in wireless technologies.

Wireless Currency Trading Signals – Pagers

If you have a pager, you have the option of subscribing to services offering alert services when rates reach predetermined levels. This is especially good way to keep up to date if you have a systematic trading system.

As an exemplary list, providers of such alerts include

  • AlertFX
  • Tri-Signals
  • FinData – ForexPro



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