Do You Still Lose?
Forexoma July and August Performance: +41% Profit
We had stopped sending the signals through email and SMS for a while. We only had the market analysis and our subscribers had to watch the market analysis videos, see the formed and forming trade setups and then decide on their own if they liked to take the positions or not. There were some reasons for stopping the email and SMS signals. The main reason was that we wanted to push the subscribers to see the analysis before taking the positions. We did not want them to take the signals blindly, because our program is mainly an educational program, not a mere buy/sell signal service.
However, since July 7th we started sending the signals through email and SMS again. At the same time, we kept on having our market analysis videos, so that our subscribers can not only receive the signals through email and SMS, but can see the full and detailed analysis and the reasoning behind each trade setup and signal.
The other change is that almost all of the signals we send are pending orders. Therefore subscribers have enough time to set the orders and they will not lose any trade setup. Sometimes we set the orders several hours before the trade setup formation.
Since July 14th 2009 that Forexoma Live Market Analysis has been started, we have made so many changes to the program to make it better. We will never stop improving the program, having new features, systems and methods, to satisfy different traders with different trading styles and habits. As a forex trader, I personally think that Forexoma Live Market Analysis is a program that all the traders should try. I have good reasons for that:
- If you are a profitable and experienced trader…,
- You will learn some more systems and techniques that you might not know. So you can improve your trading style and have a higher success rate.
- You will have more trade setups and so you will make more money, in addition to the money you are used to make through your own trading systems.
- Your eyes will be opened to so many important things that you were not used to notice.
- You will see how fundamentals and technical analysis can be combined and help you have a higher success rate.
- You will see how the technical analysis, indicators, candlesticks and news can help you to have stronger trader setups with lower risk.
- and so many other reasons… - If you are not a new to forex trader, but you are not profitable yet and still your losses are more than your gains, then…
- You will find your mistakes. You will leave the losers territory where over 95% of the traders live and you will be settled in the winners territory where only 5% of the traders are.
- You will learn how to trade like a professional and disciplined trader.
- You will stop losing and start learning. - If you are new to forex trading, then…
- You will learn to trade forex the easiest and fastest possible way.
- You will start making money using our forex market analysis and signals.
- You will learn to trade forex before losing your hard earned money.
Forexoma July and August Performance:
Our subscribers received 30 signals from July 7th to August 26th and 18 positions were taken. Taking a 3% risk in each position, our subscribers made +41.95% profit. 3% risk means you lose 3% of your account balance whenever a position hits the stop loss (learn more about money management in forex).
These 18 positions are only the positions that we took based on the signals sent through email and SMS. There were so many trade setups that we showed, but we did not sent any signal for them. So some of our members who follow the videos carefully and are more independent traders, should have made much more than 41.95%. For example, on July 7th that we took a long position with AUDUSD, there were so many other trade setups that we explained in the videos and all of them reached the expected targets.
Here is the list of the positions that we took from July 7th to August 26th:
Our intraday trading positions:
26 July ; Buy Stop EURUSD (+9.6%)
27 July ; Buy Stop EURUSD (-3%)
03 August ; Buy Stop EURUSD (+7.8%)
05 August ; Buy Stop EURUSD (+2.8%)
20 August ; Buy Stop USDCHF (+5.7%)
23 August ; Sell Stop EURUSD (+6%)
26 August ; Sell EURUSD (-3%)
Other Positions:
07 July ; Buy Stop AUDUSD (+4.6%)
11 July ; Sell Limit EURUSD (+2.1%)
13 July ; Buy Stop GBPCHF (+1.7%)
16 July ; Sell Stop GBPUSD (+3.6%)
21 July ; Sell Stop EURCHF (2.25%)
28 July ; Buy EURAUD (-3%)
29 July ; Sell Stop NZDUSD (-3%)
10 August ; Buy Stop USDNOK (+4.2%)
12 August ; Sell Stop EURCAD (+4.5%)
12 August ; Sell Stop EURAUD (+2.1%)
17 August ; Buy Stop CADCHF (-3%)
There are so many free and paid buy/sell signal and forex market analysis services over the internet claiming making thousands of pips per month, but reality and truth are way far from myth and fiction. Only real forex traders who are also good teachers can show you the way, not internet marketers and scams. If you are serious to become a profitable forex trader, Forexoma is the best option for you. Start trading professionally, profitably and independently: Click Here
Further Reading:
Before
leaving our website, please take a look at the other articles we have published.
Dear sir/madam
I have seen your website and it seemed very interesting. I would like to know if you have further performance and if it audited and by who, how many trades you enter per day, how many pips (on average) you can get, and the win loss ratio, just to know in case i subscribe.
Many thanks,
Marco Chavez
Hi Marco,
The above articles answers most of your questions about the number of positions we take and also the success rate. I do not think that anybody is better than our subscribers in auditing our result. If this result was not true, they would complain here and would unsubscribe. These are all the positions that our subscribers have taken.
I have to ask why you claim that you did not send out signals before July 7th. I was a subscriber at that time and you did issue signals before this date.
I had stopped sending the mere buy/sell signals through email and SMS for a while. When there was a forming/formed trade setup, I created a video and then emailed the members and asked them to watch the video and decide if they liked to take the position or not. I did not have the entry, SL and TP in the emails, but I had them in the videos. The reason was that I wanted to force all the members to watch the analysis before taking any position. I did not want them just to take the positions blindly based on what they received through email and SMS.
Again after July 7th, I started emailing the signals again.
So if signal means “buy EURUSD at n.nnnn SL: a.aaaa TP: b.bbbb”, I did not have them in the emails, for a period of time, before July 7th.
I admit that between the middle of January and the end of June, the signals that you emailed were not as regular as before, but you most certainly did send out signals by email. Mostly they were to do with your intraday strategy and they were not particularly successful.
This is a copy of an email that you sent out on the 23rd June 7:10 PM EDT
AUDUSD Long (Buy) 23 June ; 07:10pm
1:0.75 or 1:1 risk/reward ratio trade:
Entry: 0.8749
SL: 0.8705 ( 44 pips)
T1: 0.8771 ( 22 pips)
T2: 0.8793 ( 44 pips)
Note:
1. To have a 1:0.75 R/R trade, you should close 50% of your position at T1 and move the SL to breakeven, if the price reaches T1.
2. To have a 1:1 R/R trade, you should move the SL to breakeven, if the price reaches T1.
You sent out 2 trades at about this time and they both included entry, SL and TP and both resulted in the full loss.
I refer you to your post on the forum at
http://www.forexoma.com/forums/forexoma-live-market-analysis-main-thread-2.html?view-post=4749#p4749
on 24th June, where you write “They had used exactly the same entry, SL and TP and so I found out they have published our signals.”
This was due to your signals being copied and published on another website.
The facts are that you did issue some email signals prior to July 7th.
You may have had a good run from July 7th,, I can’t comment because I was not a subscriber from mid July, but the signals before that date should not be disregarded just because they resulted in losses.
Is there going to be a performance report for September and October? I notice that you got this report out on the last day of the period. Why are you not so quick for the next 2 months?
This AUDUSD long positions can not be found in our database and the video I have about AUDUSD and NZDUSD in that day talks about taking short position with AUDUSD if the support breakout forms on the one hour chart and the short trade setup that was already formed on NZDUSD one hour chart which was too late to take.
Again and for the last time, I had stopped emailing the signals for several months and then started doing it from July 7th. I have not disregarded any signals and we have always been positive, even when I just showed the trade setups in the videos. This website has so many other members too and as you see I do not edit or delete any comment. I don’t know why you are the only one who wants to prove that I am not telling the truth. You have talked enough on the forum and you did your best to sabotage our credit on the other websites and I don’t know what has made you come here again after several months. I also remember that you accused me that I published losing signal on another website. By the way, I am 100% sure that the problem is from your side and if you have lost money in forex, you should sit and analyze your mistakes, not accuse the others.
Regarding the September and October performance, we achieved good results during these two months too and our members can see the signals and the result on the members area. However I did not have time to publish a performance report for these two months yet. Something I can not get over is that why do you want to see the performance if you are not a member anymore and you do not want to join again? Are you trying to say that I am hiding something??? I assure you that I am man enough to report my performance, even when we have negative months. This is normal in forex trading and I am not afraid of it. Also the “Forexoma Live Market Analysis” members are not blind and can see the results on their own. They do not need you to enlighten them.
Hope you find the the solutions of your problems in other sites and do not waste my time by saying baseless gossips and non-sense accusations. As you see I let people talk and I answer them, but it doesn’t mean that you can use this opportunity to waste my time in explaining something over and over.
I am sorry that you are still crying for the losses you had on June or July. There is a good solution for those who can not learn to control their emotions and stil lose and lose and lose: Stop Trading!
I am sure if you have been able to find your way and were making good profit, you have not been here again, posting redicoulus comments, after several months that you have left Forexoma. Instead of wasting your time and energy, go and find a solution for your problems and leave Forexoma and Forexoma members alone. You are forever in his debt, because you admited on another website that he helped you to upgrade from a losing trader to a breakeven trader. If you are back to your losing mode, the reason is that you left Forexoma and bit the hands that had fed you: What goes around comes around
Good luck!
It is not clear what that 41% profit is exactly.
It is calculated as a cumulation of the percentage result of each single trade.
But if someone dedicate 3% of his trading account to a single trade, so the profit is 41% of that 3% or with other words 1.23% of the trading account.( or a little more if we calculate some compounding)
Hi Vidosole,
You risk 3% in each trade. So if the market hits the stop loss you will lose 3%. However, depend on the take profit, if the market hits any of the targets, you will make n% profit. You can see the profit in front of each trade.
Dear Forexoma,
thank you for such good work and keep it up.
i have a question, more than Signal i would like to learn to trade by using charts, indicators etc.. will i get the details of each trade singal which can help to learn and understand the reason for entry.
also will i get to chat wtih you to clerify my questions ?
best regards
asem
Hi Asem,
Yes, these are all what we teach on the members area.
Hi Forexoma, thanks for your advices. I am in Canada and a friend of mine who is one of your suscriber told me he couldn’t open a live trading account yet with Forexoma because you don’t offer this service yet to Canada. When will we be able to do so. I have a live account with FXsol and would like to swith to you. Thank you. Michèle
Hi Michèle,
You are welcome. Still I am not sure when we can have the service for Canadians too.
Hi Forexoma,
I have just started Forex trading 1 week back and using demo account from Vantage. So far I manage to make over 1%. I just stumbled upon this article and it is very informative and inspiring. Is your live market analysis service still active? What about the performance reports for this year?
Thanks
Tawfiq