PipHut.com Reviews and Ratings
PipHut.com was started by Mark Norris and is operated from Colorado, USA. He generates and sends forex alerts to members who can trade them with any broker of their choice.
PipHut.com signals are a combination of strategies that are based on breakout strategies, daily strategies, trend line swings etc. They generate most of their trades from the 60M charts but they do check the daily charts too. The system uses GMT time as standard time because that is what most of the market news uses. They deal in EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF, GBP/JPY (not frequently), and NZD/USD. PipHut does go beyond these pairs when the market movements are in favor.
PipHut.com trades in majority of cases are technical in nature as they are of the opinion that fundamentals drive the trend of the market but technical analysis is necessary for entry and exit points. Because of this, Mark Norris if the market demands may frequently have to cancel trades for a variety of reasons such as a consolidation pattern being broken or a price break in the opposite direction or a break of a trendline. If this happens he does update the post or post a new entry stating that they signal has been cancelled or both. The responsibility lies with the trader that he keeps going back to the updates if he has entered any trade.
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3 comments:
I want to say that Forex trading signals are bureaus that are available online that offer a platform for their members to be able to trade in the foreign exchange market mostly in the carry trading market or the currency market.
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