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Old 05-07-2004, 12:10   #9
KingCreole
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FX Unigma

Free Advisory........http://www.4xchat.com/bbs/forums/thread-view.asp?tid=115&posts=1
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May our trades be true and profitable.
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Old 22-07-2004, 05:07   #10
mghani748
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Thumbs down I have used their paid service

Hello HMMF
I just finished using their paid service for a month. and to be honest with you, I am very disappointed.
I have done trading for a while now (more than a year) and I think I can tell what a person's trading style is.
First let me tell you about the problems with the service.
1- They send you signals via a messenger service, so there is always a risk that they have already entered into a trade and message you about the entry later and the price never comes to that level again. And, it happened to me quite a few times that they sent me an entry and I put it in my trading system and the price never even came close to that entry. But looking at their "performace page" and at the subsequent entries, it turned out that they had counted that trade as "entered into"

I will be updating you with more comments if you like to know more....
Thanks
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Old 22-07-2004, 07:28   #11
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agreed maghani

I have tried following their recs. too.. about 8/9 months back. I do not trade on them, just tried to find out what they think of the direction of the day.

It used to be published at the fxstreet forecast, Many of their recs are late, Probably they already entered, also Sometimes they are not even close to their recommendations.
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Old 22-07-2004, 09:55   #12
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Rightly so gfxtrader. Another of the problem that they have is the reporting of actual figures on their "performance page". I followed all their trades on a separate demo account and several days there were biased discrepencies. Like one day I entered into all their trades and had a loss of 180 pips. But at the end of the week they published a loss of about 120 pips (for that day).

I have been analyzing their trading methodology also which i will discuss in the next post.
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