Forexoma Performance on July 2009

by Vahid | Success Stories and Tips | Monday, August 3rd, 2009

Hello Friends :)

Forexoma Live Market Analysis started working on 14th July 2009. So this report shows our performance on second half of July and not the whole month. I already published another report that covers our first week performance. I strongly recommend you to read that report too, not because I want you to see the first week performance, but because I have explained many things about our program and the way we publish forex signals and market analysis reports.

Additionally, on that article I have talked about a forex trading scheme that shows you how you can make $40,000 per month, after 22 months of trading, starting from a $1000 account and making only 25% profit every month. It is an eye-opener idea that helps you to become able to to control your greed: Click Here

So what about our July performance? Here are the trades we emailed to members:

  • GBP/USD ; 14 July: +167 pips
  • USD/CHF ; 14 July: +97 pips
  • GBP/USD ; 14 July: +20 pips
  • GBP/USD ; 15 July: +21 pips
  • GBP/USD ; 16 July: +35 pips
  • NZD/USD ; 16 July: +5 pips
  • EUR/JPY ; 18 July: -68 pips
  • GBP/USD ; 20 July: +75 pips
  • GBP/JPY ; 21 July: +145 pips
  • CAD/JPY ; 21 July: -21 pips
  • GBP/USD ; 21 July: +50 pips
  • GBP/USD ; 22 July: +18 pips
  • EUR/JPY ; 23 July: +40 pips
  • GBP/USD ; 23 July: +86 pips
  • EUR/USD ; 25 July: +22 pips
  • GBP/USD ; 27 July: +75 pips
  • GBP/USD ; 28 July: +52 pips
  • USD/JPY ; 29 July: +57 pips
  • EUR/JPY ; 30 July: +55 pips
    Total: + 931 pips

These are all positions that emailed the members officially. But this is not the only way that we show the trades on our reports. First, when we find several trade setups at the same time, only one of them will be emailed to members. For example, there are a lot of cases that we find a long trade setup with EUR-USD, GBP-USD, EUR-JPY and GBP-JPY at the same time. I choose and email one of them only. The reason is that I do not want new members who may not have enough experience and knowledge about forex, take all positions at the same time. However, we try to have all the forming trade setups on reports and so, experienced traders can take those positions if they like.

The other thing is that there are so many cases that we show the direction of the market on the charts, but we don’t consider them as official trade setups because they may have a higher risk. However, there are some advanced traders who take those positions too.

If you read the first week performance, I have several example of both cases explained above.

If bring all of these trades here, our July performance will be over thousands of pips. However, those who have been in forex industry for a while, know what 931 pips in 2 weeks means, while we also don’t trade on Fridays. So we have only 4 trading days per week.

With this result, I know I can not attract the attention of un-experienced forex fans who making some quick money is more important than learning for them. Because nowadays there are zillion of forex buy/sell signal websites with stunning monthly performance results on their home pages. These websites are much more attractive than our website and more people sign up for their programs everyday. As I have already tried most of them, I just want to give you a humble advice. Bookmark this website or write its address down somewhere if you like to join one of those programs. Because you will have to come back here after losing a lot of money with those scam websites and after getting realized that the pip results posted here, is true and the pips results posted on those websites are fake.

I personally prefer our members to be among those who have already tried other programs and have come here while they are almost disappointed and about to give up on forex. We will have less problems then, because they can understand us better.

Before I finish this article, I’d like to ask you to read the money management article which is published recently, if you have not read it before. It is very important and critical for your forex trading business.

Best regards,
Vahid :)



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18 Comments:
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Comment by JimS
2009-08-03 22:05:14

Fantastic results Vahid.

I had tried a number of signal services too. Some of them were OK, but most of them gave disastrous signals. None of them provide the training that you provide. Learning how the signals develop, with your guidance, is more valuable than the pips we make :)

Thanks my friend.
-Jim

Reply to this comment
Comment by Vahid
2009-08-03 23:00:45

Hi Jim :)

Thanks a lot. As usual you are always here to help and support me. If you were the only user of this site, I would still like to keep on working :)

Could you do me a favor? Please inform us about those signal services that are ok. I am curious to know because I always search for them and try them but have not been able to find a useful one. So maybe I have not been able to find them. You can post their website address here. It is ok. Just don’t post it as full URL because your comment will be held for moderation if there is a link in it.

Thanks again and best regards :)
Vahid

Reply to this comment
Comment by Vahid
2009-08-04 13:30:53

Hello Friends :)

Jim sent those resources to my email address because he preferred not to share them with public for some reason. Some of them are new for me and I was not aware of them. I will be happy to follow them and see how they work.

Reply to this comment
Comment by JimS
2009-08-04 13:49:35

I feel more comfortable if you vetted them before making them public. I would not want to disrupt your proven methods for identifying signals. While there are many successful systems, combining them up usually does not create a better new system and can really confuse someone the is just beginning to learn FX. I look at your system, Vahid, as the core essentials that all traders should learn before exploring new systems.

Reply to this comment
Comment by Vahid
2009-08-04 13:59:27

Hi Jim, You are right. I strongly believe when you find a system that works for you and your happy and comfortable with it, you should not look for any other system or even you should not try to improve it. This is what I have been trying to do when I started forex and I always ruined my good systems. Time will improve your system because you become more experienced and you will have better entry and exit.

There are zillions of systems that all of them maybe good and profitable BUT one should stick to one system and master in it. My system is in fact the foundation of trading (technical analysis). This system is not invented by me. I just learned it. It needs a lot of experience to become able to take the advantage of this system but when you learn it, it will be easy. I believe discipline is the axis of this system.

Thanks again Jim :)

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Comment by georgeS
2009-08-04 08:48:23

Hi Vahid,

Oops you done it again. The proof is in my account.

You really do offer a spot on servive of price action an direction. Your charts are clear an concise, enabling one to trade with or without emailed signals.

Keep up the good work an looking forword to another profitable month.

Sheraad

Reply to this comment
Comment by Vahid
2009-08-04 15:34:53

Thanks George :)

Reply to this comment
 
 
Comment by Jasur
2009-08-04 12:56:28

Hello Vahid!

Great work Vahid!!! Though I couldn’t take all positions, anyway I made some money with your help.
I have never joined any buy/sell signal programms and I’m not gonna join any of them. Forexoma is my first and the last place. I’ve learnt a lot from here. And I hope you will keep doing the same for a long time Vahid.

With best wishes and huge respect,
Jasur

Reply to this comment
Comment by Vahid
2009-08-04 15:35:20

Thanks Jasur :)

Reply to this comment
 
 
Comment by Vincent
2009-08-04 14:35:08

Great Job Vahid!!

I was able to take advantage of some of this, a lot of times I missed the signals because I was not aware of the email in time. I am upgrading my cell phone to receive emails immediately. Thank you for an excellent service, education first, and profits thrown in as a bonus.

I will admit, I am sometimes concerned. I feel like a child dependent on the parent, and hoping the parent does not leave pre-maturely. I pray for your health and welfare, and I hope you stay around until I grow up.

Keep up the good work. You have given me new vision…

Vincent

Reply to this comment
Comment by Vahid
2009-08-04 15:38:25

Thanks Vincent :)

It is the learning curve. You will gain your confidence.

Reply to this comment
 
 
Comment by peter
2009-08-10 10:59:03

Hello,

do your setups e-mailed to service members contain entry,TP,SL?
or do you just send out the entry,and then exit in separate e-mail.

I would also like to know more about the GBPUSD intraday service,
and are performance records availble?

Reply to this comment
Comment by Vahid
2009-08-10 11:02:45

Hi Peter,

This is the example of the signal we send:

GBP-USD Long (Buy)
Our Entry: …
Stop loss: …
Target 1: … (… pips)
Target 2: … (… pips)

The above performance report also includes the GBP-USD intraday positions we have taken.

Reply to this comment
 
Comment by Vahid
2009-08-10 11:04:48

However, as I have already stated, we are mainly focused on educating the members.

Reply to this comment
 
 
Comment by ayuba
2009-08-10 17:21:01

Good day to you vahid,you have done a very good job but please i will like to ask the reason why you go on and off becuase for sometimes you ‘ve not been posting and why is it that you are showing report for only two weeks in a month.i will like to know more about all this before subscribing for your buy and sell signals.i will be looking forward to see your reply.also,i will like to know a means of payment because i am a nigerian.thanks

Reply to this comment
Comment by Vahid
2009-08-10 19:34:54

Hi Ayuba,

As it is explained above, “Forexoma Live Market Analysis” program has been started on 14th July and that’s why the above report covers the last two weeks of July.

Reply to this comment
 
 
Comment by peter
2009-08-14 19:23:09

hi again,

well there are some entries from the month of may 2009,yet you say you only started working jmiddle of july 2009?
is there some time left before the price reaches the signal entry point,or you have to be quick to catch them?
I am bit converned about server delays etc.
and — why dont you trade fridays?

thanks!

Reply to this comment
Comment by Vahid
2009-08-14 19:55:16

Hi Peter,

Some entries from the month of may 2009? I don’t understand what you mean by that. “Forexoma Live Market Analysis” was started on 14th July 2009. If you are talking about the previous performance reports, they are not related to Forexoma. They are related to the other program that we have been working before.

Regarding your question, I email the members as soon as I take the position. In most cases, it goes against me and so members can enter with a better price than me. So they will have at least several minutes to enter and sometimes over one hour. In some cases, it becomes too late to inform the members and so I don’t email them.

I do not work based on any broker sever time. I work based on the market price. Server time different will not be any problem in taking the positions because in spite of servers time difference among different brokers, the market price is almost the same with all brokers. Maybe a few pips difference which is negligible. So members can easily follow me and take the positions without any problem.

Best regards,
Vahid

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