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Forexoma Market Analysis April Performance (3 weeks) + 662 Pips!

Forex Market Analysis and Signals | Monday, May 4th, 2009

Our April Performance (April 11th - April 30th) from Signals alone totaled +662 Pips.

What does this mean if you were trading the following lot sizes:

0.10 lot - $662 roughly (most beginners)
1 lot - $6,620 roughly (most intermediate)
10 lots - $66,200 roughly (advanced)
100 lots - $662,000

If you followed our reports and took additional trades based on our reports you should have made a lot more then this :-) We have several members who do this and we think many of them made over 1000 pips last month, just by using our Forex market analysis. These traders don’t wait for us to report the forex signals. They see our analysis, follow the support and resistance lines we plot on the charts and take their positions. They are among the intermediate and advanced traders. Beginner traders will join this group very soon.

Performance is something everyone looks at - but we always have to remember that consistency is most important.

It is better to make a little less and always be consistent with the steam of income from our Forex Trading then to make 3000 pips one week and lose the same 3000 the next week.

It is also important not to get overconfident when we see that we make money, as we have to always look at the markets rationally without emotions (good or bad ones). You should not feel any different about profits and losses - you should learn how to feel about them exactly the same (easy to say, hard to do! - but we will get there eventually, it takes time :-)

Lets take things one day at a time :-)

In conclusion, we are happy about the performance, we hope to keep continuing to improve the service, the strategy and hope to keep making lots of money :-) Eiiiii!  Honestly, we are so excited to trade with all of you as usual and we are very happy right now :-) Please keep telling us your success stories, we love hearing them :-)

Further Reading: Before leaving our website, please take a look at the other articles we have published.

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23 Comments:
post a comment
Comment by jeremy
2009-05-04 10:29:10

Hi Forexoma,
I am so happy with our first month’s result, I am a newby and I wait until you post the signals. I hope to reach the stage where I can analize the reports and take my position with confidence, but as you say it takes time..So I will do the smart thing and play it safe and sound with your professional and kind guidance..Thanks a million…I also love the posts where you guys drill it in our heads that if we do not follow our system we get burnt, and I can testify to that with a couple losing trades, so those posts really help as we are sometimes overconfident because we have one or two winning trades..thanks for keeping me grounded…
Love your work…Forever satisfied..
Jeremy

Comment by Forexoma
2009-05-04 11:18:43

Hi Jeremy!

I am so happy that you like our service and are doing well. Like I say to everyone hard work always pays off. Its also very nice to see that you want to learn to trade and not just take our signals, this is great to hear!

 
 
Comment by mangset dickson
2009-05-05 05:07:36

Nigeria is not included in the list of countries tha can access the services of click bank that sir forex has employed.how do we pay for your services? any alternative means?

 
Comment by Jack
2009-05-05 08:36:35

It is nice to see you have done so well. I can’t see where that will help me any and don’t really have anything to show for it, but thanks anyway!

Comment by Forexoma
2009-05-05 08:51:06

Jock, I am sorry I do not understand your comment. These are the signals we emailed all members and all signals on the reports and the platform.

Comment by Jack
2009-05-05 09:49:48

Yes, that is what I meant……one thing is to see the signals…another is to find a way to take them. I try not to blindly take signals…but to try to reason em out. This time they did not work for me.

Comment by Forexoma
2009-05-05 09:56:03

Jack. We send an email when we take a trade - with the price, target and stop loss all defined - what do you mean by blindly take the signals? Everything is defined for you in the email…we also explain why we take these trades. Do you mean that you didn’t take the trades we sent by email? Please submit a help ticket clearly explaining this. We want you to be profitable, lets see what the issue was here and fix it.

Comment by Jack
2009-05-05 10:28:54

Well when I get the emails, often the trade is passed by….and I am not sure whether they still are valid or not.. It does not work!

Comment by Forexoma
2009-05-05 10:35:47

Jack if you are taking the trade - the trade has to be taken right after you receive the email. You cannot wait longer. And it is not correct that the trade passed by because we take it at the same time and so does everyone else. In fact, if you look at all the trades we did, the market gave you lots of time to enter them. I still have not received your help ticket-please submit one - with a detailed example of the trade that you could not take and why.

Thank you.

 
 
 
 
 
 
Comment by Jack
2009-05-05 12:59:43

Apparently there is a free commentary and a paid for one. I think I receive the free one….small wonder the info is basically useless. Sorry to have troubled you! I wish you well.

Comment by Forexoma
2009-05-05 13:11:44

Jack the free commentary is ONE WEEK DELAYED. We just have these reports to show what analysis we did and what trades we took so users can see what type of service they get - one week ago - you cannot trade based on these reports now… That’s ok. We wish you well too :-)

 
Comment by JimS
2009-05-05 13:54:09

Jack the info is far from useless. The delayed content contains much more than signals, it reveals a successful trading plan…for free.

Comment by Forexoma
2009-05-05 13:57:56

Thanks Jim, Not everybody is at the same level of understanding and intelligence. We should not expect that everybody sees and understands everything that we can see and understand.

However, Thanks God :)

Comment by Jack
2009-05-05 15:20:21

Intelligence has nothing to do with it! Understanding, perhaps. MAYBE as Jim S says, the weekly stuff DOES reveal a plan that works. I can’t say that is particularly obvious to me yet, though it might be for someone who has more information and experience. I have had the misfortune of trying (for Pay/and empty promises) various methods and plans to learn to trade consistently and successfully. Most were lacking, to say the least, almost all had vestiges of outright fraud! Wherever there may be a catch, my “intelligence” says” “tread carefully”! I don’t just take someones word for it when there is a sale involved! I trust YOUR “intelligence” can grasp the point!

Comment by Forexoma
2009-05-05 15:24:42

Hi Jack, we did not mean to offend you in any way. We are sorry to hear you did not have success in the past with other programs and we certainly understand why you are cautious now. We hope that you find what you are looking for :-)

 
Comment by Forexoma
2009-05-05 15:40:09

Hi Jack,

The analysis you see here is something we had for our members about one week ago. We publish the market analysis we have for our members, here on the public area of the site, with one week delay to show what we are doing there. Naturally, the analysis we have here is outdated, because it is related to one week ago. We just want to show what our members receive.

You said these stuff are useless but as I am 100% sure that although they are outdated, there are still a lot of users who used them for free to learn how we analyze the forex market, when I see they don’t look useful to someone, the only thing that comes to my mind is that maybe that person has problems in understanding them.

I can understand what you mean about the scam programs that can be found everywhere over the internet these days, BUT, I am 1000% sure that something we are doing here is absolutely different and unique.

Scam programs have some special characteristics:

1. When you email them, no one replies.
2. You really don’t know who is managing the site and what the real names of the owners are.
3. The website is full of fake videos with loads of exaggerated claims.
4. When you want to leave the site, a pop up appears and tells you that a support staff wants to talk to you before you go, but it is in fact a simple program or robot.

Best regards,
Forexoma

 
Comment by JimS
2009-05-05 16:07:13

I fully understand your concerns, Jack. I think all of us have gone down the road of empty promises at least once. Regarding this service, for me, it pays for itself and then some. I discovered Forexoma’s site earlier this year, it took me a few weeks to get up to speed. I am glad I stuck with it, I am a better trader today.

Best regards.

 
 
 
 
 
Comment by Jack
2009-05-05 16:51:19

Well I am humbled by this exchange… Thank you very much for the input…… I will view the delayed material from time to time and see what I can make out of it. Thanks again for the efforts and interest!

Comment by Forexoma
2009-05-05 16:54:33

Thanks Jack. Please feel free to post a comment whenever you feel like that :)

 
 
Comment by Jack
2009-05-06 08:06:01

Well if you don’t mind me bothering you again….. This morning i met a fellow who subscribes to your service. In conversation I asked him about your service. Among other things he said your stop losses on trades is 100 or so. Is this correct, and if so why such huge stop losses? Thank you.

Comment by Forexoma
2009-05-06 08:13:24

Hi Jack - our stop losses are never larger then our profit targets. Yes, our stop loss is usually around 100 pips, but so is our profit target 100-150 on average. You can trade a smaller lot size and have the same amount of risk as you would with a 30 pip stop.

Comment by Jack
2009-05-06 08:19:56

ok. Thanks

 
 
 
Comment by denzil
2009-06-26 01:43:37

I am happy to subscribe to your service and pay the fee outlined; however I have sent an email to you and have not received a reply as such only something from “feedburner” saying I have no mail.

Please advise how I can subscribe and give details of accounst etc to proceed to becoming a client.

PS I live in Australia on the Easten seaboad.

Look forward to hearing from you.

Denzil.

 
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