The Forex market has no centralized controlling authority – the exchange is carried out over the internet. For a transaction to be made, the traders use computer networked over-the-counter (OTC) channel. The market is operational 24 hours a day and works in real time environment with the signals fluctuating every second. The forex signal is generated either by the market analyst or by the automated market analysis system. It shows the preferable chances of entering into the trade for a particular currency pair. The analysis is supported by graphs and figures that depict entry, trailing stop and stop loss combo leads. This information is communicated through signalling, emails or through SMS alerts to the people involved in the trade.