ELI5: Explain Like I'm 5

Forex Signal

So kiddo, have you ever heard about trading? It's like when you and your friends trade toys or stickers. But when adults trade, they do it with money!

Well, sometimes adults need help to know which toy or sticker is the best to trade or buy, right? And the same happens when they trade with money. There are people who study and analyze the market and give suggestions about which money they think is best to buy or sell at a certain time. That suggestion is called a "forex signal".

It's like when your teacher tells you which color to use for a certain drawing or when your mom tells you which shirt looks better on you. Forex signals are suggestions to help adults trade better and make more money.