# Help in reading the signals **URL:** \ **Category:** C2\ **Created:** [September 8, 2008, 4:56am UTC](https://forums.collective2.com/t/help-in-reading-the-signals/4612 "2008-09-08T04:56:18Z")\ **Posts on this page:** 9\ **Page:** 1
**Author:** ![JoacimLindemark](https://avatars.discourse-cdn.com/v4/letter/j/fbc32d/32.png) [@JoacimLindemark](https://forums.collective2.com/u/JoacimLindemark)\ **Post date:** [September 8, 2008, 4:56am UTC](https://forums.collective2.com/t/help-in-reading-the-signals/4612/1 "2008-09-08T04:56:18Z")
Hi. first of all i really hope that i write this question in the right part of this forum. If not… i appologize… I need help. I have asked the Collective2 support mail but have not recived any answer for several days now… so i turn my hope to this forum. What i need help with is how to read the signals for i system that i recently payed a subscribtion to ( FX Wave ). I can’t understand how to set the stop losses. I think i understand when to open a position. For example when a BTO at mkt is posted i shall buy at market price as fast as i can… STC means that i shall close my open long position. But… i don’t understand were to put my stop losses. Please someone… help me to understand this… understand how to read the signals… Regards / JoLi[LINKSYSTEM\_28811765] ---
**Author:** ![ironcito](https://yyz2.discourse-cdn.com/flex028/user_avatar/forums.collective2.com/ironcito/32/1487_2.png) [@ironcito](https://forums.collective2.com/u/ironcito)\ **Post date:** [September 8, 2008, 6:10am UTC](https://forums.collective2.com/t/help-in-reading-the-signals/4612/2 "2008-09-08T06:10:13Z")
_Where_ to place a stop order will depend on the system vendor. He will send out a signal indicating you to place a stop order, and that signal will include the symbol, price, etc. like any other signal. Bear in mind that not all systems use stop-loss orders, so if you haven’t received any signal, it may be that the system just doesn’t use them. _How_ to place a stop order will depend on your broker, and you should consult your broker about that. For instructions on how to interpret signal e-mails, check this address: [http://www.collective2.com/emailSignalGuide.htm](http://www.collective2.com/emailSignalGuide.htm) For a general intro to stop and limit orders, see: [http://www.collective2.com/how\_stop.htm](http://www.collective2.com/how_stop.htm) ---
**Author:** ![Index](https://avatars.discourse-cdn.com/v4/letter/i/db5fbb/32.png) [@Index](https://forums.collective2.com/u/Index)\ **Post date:** [September 8, 2008, 9:34am UTC](https://forums.collective2.com/t/help-in-reading-the-signals/4612/3 "2008-09-08T09:34:38Z")
you subscribed to a system that is not trading? all I see is a flat line… ---
**Author:** ![JoacimLindemark](https://avatars.discourse-cdn.com/v4/letter/j/fbc32d/32.png) [@JoacimLindemark](https://forums.collective2.com/u/JoacimLindemark)\ **Post date:** [September 8, 2008, 4:37pm UTC](https://forums.collective2.com/t/help-in-reading-the-signals/4612/4 "2008-09-08T16:37:54Z")
I have had signals… but not today. Why do you think that the system isn’t active anymore? ---
**Author:** ![WladimirMourao](https://avatars.discourse-cdn.com/v4/letter/w/ea666f/32.png) [@WladimirMourao](https://forums.collective2.com/u/WladimirMourao)\ **Post date:** [September 8, 2008, 4:44pm UTC](https://forums.collective2.com/t/help-in-reading-the-signals/4612/5 "2008-09-08T16:44:35Z")
Joacim, Please confirm the name of the system you subscribed to. The one you mention above had only one trade in 2007 and none this year - it’s dead. If you got signals in the last 10 months they didn’t come from this system. ---
**Author:** ![JoacimLindemark](https://avatars.discourse-cdn.com/v4/letter/j/fbc32d/32.png) [@JoacimLindemark](https://forums.collective2.com/u/JoacimLindemark)\ **Post date:** [September 8, 2008, 4:55pm UTC](https://forums.collective2.com/t/help-in-reading-the-signals/4612/6 "2008-09-08T16:55:40Z")
the system is called: FX.WAVE Accordingly to the performace details it has been trading sice May 2007. But i am so new here at C2 that i can have made a misstake. I would be happy if some one helps me out 🙂 And Ironcito (or any one else for that matter) could i have an exampel of how it is typed in the ITM when a stopp loss i posted? Tnx in advance 🙂 Regards / joLi ---
**Author:** ![Index](https://avatars.discourse-cdn.com/v4/letter/i/db5fbb/32.png) [@Index](https://forums.collective2.com/u/Index)\ **Post date:** [September 8, 2008, 8:10pm UTC](https://forums.collective2.com/t/help-in-reading-the-signals/4612/7 "2008-09-08T20:10:12Z")
It was confusing, because the link you included was "FX Wave Follower" not "FX Wave" ---
**Author:** ![Index](https://avatars.discourse-cdn.com/v4/letter/i/db5fbb/32.png) [@Index](https://forums.collective2.com/u/Index)\ **Post date:** [September 8, 2008, 8:10pm UTC](https://forums.collective2.com/t/help-in-reading-the-signals/4612/8 "2008-09-08T20:10:17Z")
It was confusing, because the link you included was "FX Wave Follower" not "FX Wave" ---
**Author:** ![JoacimLindemark](https://avatars.discourse-cdn.com/v4/letter/j/fbc32d/32.png) [@JoacimLindemark](https://forums.collective2.com/u/JoacimLindemark)\ **Post date:** [September 9, 2008, 4:57am UTC](https://forums.collective2.com/t/help-in-reading-the-signals/4612/9 "2008-09-09T04:57:29Z")
I am sorry for that. I don’t know why that text is there… i haven’t wrote it. But let’s talk about my issue again. Please take a look at the most recent trading signals provided to the system FX.WAVE: [http://image65.webshots.com/765/8/69/15/2063869150102376208LGUrHW\_ph.jpg](http://image65.webshots.com/765/8/69/15/2063869150102376208LGUrHW_ph.jpg) At 01:16:25 and 01:16:26 there are some signals posted… At 01:16:43 there is a sell to close order that are cancelled… and at 01:16:55 there’s an sell order to open that also have been cancelled. Both are at market price so how in this world can i cancel them? I mean… as soon as they are posted ofcourse one shall enter the market… and i can’t possible call my broker and say that i would like to cancell that trade because i have had a seconf thought about it. They would just laugh at me… About one minute later there’s 2 new signals posted. I really really don’t understand how to read this ITM-messages. And YES i have read everything at [collective2.com](http://collective2.com) to try to get an idea of how to read it. Can someone please expalin the signals that are showned at the picture? I would appriciate it a lot and that will probably make me countinue the subscribtion and perheps also buy other signals… but without understanding i don’t see a point to pay for something i don’t understand. Regards / JoLi