In the FX trading market you may buy or sell currencies. The objective is to earn a profit from your position. Placing a trade in the foreign exchange market is simple: The mechanics of a trade are virtually identical to those found in other markets, so the transition for many traders is often seamless.

Currencies are quoted in pairs, such as EUR/USD or USD/JPY.

The first listed currency is known as the base currency, while the second is called the counter or quote currency.

The base currency is the "basis" for the buy or sell.

For example, if you buy EUR/USD, you have bought euros and simultaneously sold dollars. You would do so in expectation that the euro will appreciate (go up) relative to the US dollars.

Precise Forex Signals, offers two kinds of memberships:

• Free Membership is based on 15 days trial period and members receive signal updates through email.
• Premium Membership is based on $49.99/month subscription and members receive signal updates through email as well as SMS.

Signals are delivered at Precise Forex Signals using following two methods :

• Email - You will receive emails in the format given below:
  Sub: New Signal Alert
  Body: Buy EURUSD at 1.3465 stop well below 3450 and target at 1.3540
• SMS - You will receive SMS in the format given below:
  Buy EURUSD at 1.3465 stop well below 3450 and target at 1.3540.