It’s been a tough time lately for Forex signals service 123 Free Signals, with a loss of 565 pips made since our last update
That means they are now 348 pips up for our trial overall.
You can view full results here.
There are still quite a few open trades at the moment so those could still turn out well, we will have to see. Hopefully they can make up some of the lost ground on those trades.
Just a reminder that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
23rd May 2022
It’s been a tough time lately for forex signals service 123 Free Signals, with a loss of 607 pips made since our last update
However they are still 371 pips up for our trial overall.
You can view full results here.
There was a sizable loss on one of the trades, the USDZAR pair which lost -350 pips. For trades like those it could be an option to use a smaller stake size.
They recommend using 1-2% of starting capital to trade, so on this basis you would work out the stake size based on the potential risk. For the purpose of this review we are using simple pip P/L but the results would be a little different using strict percentage staking on each trade.
Anyway, as mentioned last time the frequency of trades has increased markedly – we just need the results to match that now…
Just a reminder that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
13th April 2022
Forex signals service 123 Free Signals is back in business after a break of around four months. There has been a small dip since they came back, with a loss of 197 pips made since our last update
However they are still 978 pips up for our trial overall.
You can view full results here.
Hopefully they can keep things going this year, things have started with a reasonable frequency of trades which is encouraging.
Just a reminder that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
12th January 2022
A small retraction for forex signals service 123 Free Signals over the past couple of months, with a loss of 165 pips since our last update
However they are still 1175 pips up for our trial overall.
You can view full results here.
There has only been one closed trade since our last update back in November – so it’s been a pretty quiet time but as we have said a few times during this review, that isn’t unusual for them. We haven’t heard from them yet in the new year so don’t know what the plans are and whether they intend to have more frequent signals this year or keep it low-key.
In any event, just a reminder that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
17th November 2021
Not a great deal of change for forex signals service 123 Free Signals in recent times, with a profit of 15 pips since our last update
That means they are now 1340 pips up for our trial overall.
You can view full results here.
There have only been two new trades since our last update back in September – and one previous trade that closed out – so it’s been a pretty quiet time for them but at least they have started issuing signals again.
Just a reminder that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
28th September 2021
No change for forex signals service 123 Free Signals over the last month, with just one signal issued and that is still open.
That means they are still 1325 pips up for our trial overall.
You can view full results here.
We are not sure what’s going on with the service and why there have been so few signals lately. When we have tried to contact them to ask questions we receive no response.
It’s a shame because the results have been very good. Hopefully things will pick up again soon but if we not we may just have to wrap this review up.
123 Free Signals – Results Update
29th August 2021
Not much change for forex signal service 123 Free Signals recently, with just 25 pips lost since our last update.
That means they are now 1325 pips up for our trial overall.
You can view full results here.
There have only been two signals so far in August, so whether they have been on holiday or just not found anything strong enough we don’t know. That’s not unusual for them though as this is a very low volume service, as mentioned in our previous updates.
Just a reminder that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
2nd August 2021
Forex signal service 123 Free Signals has continued its good form, notching another 135 pips profit since our last update.
That means they are now 1350 pips up for our trial overall.
You can view full results here.
They have been doing particularly well on the EURGBP pair lately with a couple of winnings trades and another open trade that is ahead.
Just a reminder that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
9th July 2021
There has been a nice bounce back for forex signal service 123 Free Signals lately, with a gain of 375 pips made since our last update.
That means they are now 1215 pips up for our trial overall.
You can view full results here.
They had one trade that closed with a profit of 230 pips within just hours. That was a sell of US Oil, which dropped down on Tuesday after their signal and landed some nice quick profits.
Just a reminder that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
24th June 2021
Somewhat of a step backwards for forex signal service 123 Free Signals lately, with a loss of 183 pips made since our last update.
With the impressive gains made previously however they are still 840 pips up for our trial overall.
You can view full results here.
After a break for illness between February and April they are now back in business and providing signals again, although as stated previously this is a very low-volume service with just a few signals per month normally.
Just a reminder that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
23rd April 2021
We had expressed concern in our previous update that 123 Free Signals might have shut down as we hadn’t received any signals for over a month and hadn’t received any response to our e-mails.
Thankfully we are pleased to report that they are back up and running after recovering from illness.
There has only been one closed trade since our last update, but that was a winner, putting them 1023 pips up for our trial overall.
You can view full results here.
They are also providing some cryptocurrency signals so you can follow those as well if you like. For the purposes of this review we are sticking to just the forex signals.
Just a reminder that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
29th March 2021
A bit of a step backwards for 123 Free Signals recently, with a loss of 215 pips made since our last update.
With the previous gains made they are still 918 pips up for our trial overall though.
You can view full results here.
However, we haven’t received any signals or communications for over a month now and have sent them a couple of e-mails without response, so we are concerned as to whether this service is still running.
We will give it a little longer to see if anything develops, but if not we will wrap up our review of this service as it may have been discontinued.
123 Free Signals – Results Update
8th February 2021
Not much change for 123 Free Signals lately, with a profit of just 35 pips made since our last update.
That means they are now 1133 pips up for our trial overall.
You can view full results here.
There have only been two closed trades since our last update three weeks ago, with one winning and one losing. Plus there are two open trades currently which are slightly up at the time of writing.
Please note that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
19th January 2021
Forex signals service 123 Free Signals has continued its good form, with another 414 pips profit made since our last update a month ago.
That means they are now 1098 pips up for our trial overall.
You can view full results here.
They have certainly turned things around impressively during our trial, as at one point they were over 1100 pips down and are now nearly 1100 pips up.
Now the challenge is to keep that form going.
Please note that they do not currently have a website, so if you are interested in joining please drop us an email at info@tradestocksandforex.com and we will provide details on how to sign up.
123 Free Signals – Results Update
23rd December 2020
More positive progress for forex service 123 Free Signals, with a further 322 pips profit made since our last update back in October.
That means they are now 684 pips up for our trial overall.
You can view full results here.
As mentioned previously this is a very low volume service with just 57 trades in nearly nine months we have been following the signals, so we are continuing this trial a little longer until we have a big enough sample size of trades to give a fair verdict.
Good to the comeback here though after a rocky start, let’s see if that continues.
123 Free Signals – Results Update
19th October 2020
123 Free Signals has continued its positive progress, with a profit of 247 pips made since our last update.
That means they are now 362 pips up for our trial overall.
You can view full results here.
They have some outsize trades on the USDZAR pair which net 500-600 pips either way depending on which way the trade goes, rather dwarfing their other trades. Of course you could reduce your risk size for these trades by a half or a third and that may be advisable.
Anyway, it’s been a good comeback from this service after a very tough start so let’s see if they can keep it up.
123 Free Signals – Results Update
26th June 2020
Forex signals service 123 Free Signals has staged quite a comeback since our last update, with a profit of 1151 pips made over the last two months.
That means they are now in profit for our trial overall, with +115 pips made since we started our review back in March.
You can view full results here.
They have made some good trades on the FTSE 100 and a big win on the GBPNZD pair which have really helped them turn things around.
Let’s hope they can keep the positive momentum going.
123 Free Signals – Results Update
26th June 2020
It has continued to be a struggle for 123 Free Signals unfortunately, with a further 340 pips lost since our last update a month ago.
That means they are now 1036 pips down for our trial overall.
You can view full results here.
The volume of trades has been very light recently, with just one or two per week at most. Sadly being selective hasn’t helped them however and they will need a dramatic turnaround in fortunes to get back on track.
123 Free Signals – Results Update
26th May 2020
The tough times have continued unfortunately for 123 Free Signals recently, with a loss of 221 pips made since our last update a couple of weeks ago.
That means they are now 696 pips down for our trial overall.
You can view full results here.
There was quite a significant loss on a FTSE 100 trade which is an instrument they don’t normally trade. They recommended a sell order and although the FTSE did dip quite a bit initially, it then shot back up again on the recent optimism over a potential vaccine and economies reopening. However misplaced such sentiment may or may not turn out to be, it did unfortunately lead to the stop loss being hit and a loss of 295 pips being made on the trade.
So it’s been a rough run for them over the last couple of months and will take quite a bit of work to get back into the black for our trial.
123 Free Signals – Results Update
8th May 2020
It’s been a tough start to our trial of forex signals service 123 Free Signals unfortunately.
So far after just over one month of our trial they are 475 pips down.
You can view full results here.
This is quite a low volume service, with just 11 signals given so far in over a month. That makes it easy to follow which is good. They also give regular updates on the signals as to whether to move stop losses, close out etc.
However, so far the results have been a little disappointing. Let’s hope things turn around for them soon.
123 Free Signals – New Review
8th April 2020
Today we are starting a new review of a forex signal service called 123 Free Signals.
It’s a service we have followed on and off for the last few years and have generally found to produce pretty decent results. They did very well in particular from 2014 to 2017 but seemed to tail off a little over the last couple of years.
However, they have been doing well again lately so we thought it would be a good time to launch a review of the service.
They tend to provide 3-5 signals a week with a clear entry price, target profit (TP) and stop loss (SL) level, sent out by e-mail and/or SMS. They also give updates on open trades during the week, as to whether to close them, keep them open, adjust the stop loss etc. So all in all a pretty straightforward service to follow.
They also have a gold signals service which is operated separately and which we may have a look at in due course also.
In the meantime though we will kick off a trial of the 123 signals service. We started receiving signals on 30th March 2020 so will record results from then onward.
If you are interested in signing up, please drop us a line at info@tradestocksandforex.com
The contents of this website are intended for educational and information purposes only and do not constitute any form of advice or recommendation and are not intended to be relied upon by you in making (or refraining to make) any specific investment or other decisions. Appropriate expert independent advice should be obtained before making any such decision. We cannot and do not offer individual investment advice.
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