Do You Still Lose?
Our Last Two Weeks Performance (12 Jan - 22 Jan 2009)
Hello 
It is about two weeks that I have started posting buy/sell signals on this weblog again. I hope you have been able to follow the signals and take the positions on time and make some profit. The past two weeks results have been good. I know some of you have not been able to get the signals on time but even if you are late in some days there is a solution for that. Just click here and learn what to do when you are late.
Here is the results for the past two weeks:
12th Jan: +523
13th Jan: +650
14th Jan: 0
15th Jan: +1171
Last week total: +2344
——————————
19th Jan: +473
20th Jan: +177
21st Jan: 0 (I took some positions but couldn’t post the signals for that day.)
22nd Jan: +165
This week total: +815
==========================
Total number of pips so far: +3159 pips
Not Bad! 3159 pips for two weeks is great. By trading only one lot, you could make about $30,000 in the past two weeks.
I hope something I am doing here is a good way to prevent the scammers to rip off forex traders for sending useless buy/sell signals or the other scams to sell their robots. I am not against a “set and forget” robot that can make money easily but can we really find such a robot which is able to sail under different weather conditions? Definitely not! I love to have such a robot but have not been able to find it so far. There is no holy grail in forex and any other kind of trading. You have to have a good and simple system and enough patience and discipline to wait for the signal set up. That’s all.
I am not trying to ruin the others businesses. I am actually a big fan of good and reliable services and I always refer my friends to these kinds of businesses. For example I found out that Steve Nison, who introduced candlesticks to the western world, has started a new service and sells buy/sell signals for the stock trading. As soon as I found it I let my stock trader friends know about it because I believe on Steve Nison and think that his service should be a good one. It has a two weeks free trial and so you can try it for two weeks and decide. So I mean I am not against selling true and reliable buy/sell signals. I am against selling fake and false buy/sell signals. I am not against selling a good robot (if any). I am against selling a robot that doesn’t work properly and wipes up your account.
In these two weeks I could just focus on posting the signals and didn’t talk about the systems, analysis and other things. I was supposed to focus on these things on weekends. I hope soon you find some informative and helpful information on this website about forex trading. I want to write some more articles or make a video about using Fibonacci numbers in forex trading. I hope I can do it this weekend.
Please don’t forget to post comments and express your ideas about this website and something I do here. I am open to any idea that helps to make this service better. Thanks for using my weblog.
Further Reading:
Before
leaving our website, please take a look at the other articles we have published.
hello Forexoma, thanks for all the stuffs. i feel like u r spoiling me, anyway thanks.
Hi Sabams, You’re very welcome.
Best regards,
Forexoma
Hello….
Congratulations on such fantastic results over the past two weeks.
I was only introduced to your site earlier this week and have followed your daily ‘predictions’ since
I was abit concerned with yesterdays(22nd) picks…as i watched them initially sail the wrong way.
But i truly respect your TA expertise as I woke up this morning…Australian time…. to see all 3 in profit….fantastic.
You have my complete attention to your understanding of both the FX markets and to your ability to do your TA research…..
Well done….
I would like to see your charts and any written material on the results of those trades posted in a results section.
This will give me*(and all other subscribers) an insight as to how you came to making those picks.
Im not sure if you will continue supplying a free service to the world….but if you do…then thats great.
But you truly could make some extra cash by having a paid(subscribed) service.
If this is your intentions/thoughts later down the track…you will have my fees….no problems.
i enjoy reading the contents of your site …by the way…you have enployed alot of time iand dedication nto this…as a service to us people…we do apprecite the effort.
Anyhow..enought of that…
Congratulations again.
keep up the great work…
cheers
ross
Hi Ross,
Thanks for your comment and your attentions. I am happy that I could attract your trust. The positions that I take may go against me sometimes for several pips but it is ok. I do my analysis, make the decision and take the position and then leave it to work. In case they go to the opposite direction, the stop loss will be there to take care of it. But God willing we will be profitable everyday. We will have some wrong trades sometimes but it is normal.
I am supposed to have this service for free. Nobody knows what will happen in future and it is possible that hackers make me obliged to put a small fee for this service but I try not to do that. If we can have several thousands of subscribers for this free service then when I post a signal and all of them take the same position, the price will hit our target much sooner and faster and this is the biggest gift for all of us including myself. So if people help and refer the other forex traders to this website, everybody will enjoy the profits.
I will try to write more articles and make videos on technical analysis and different trading systems.
Thanks again for your kindness and attentions.
Best regards,
Forexoma
Hi Forexoma..
Thanks for your swift reply.
If you are so passionate and dedicated to your selections and the free content of this website….then don’t change a thing.
cheers
Ross
Hi Forexoma,
You are truly the master, I want to be your student.When can I start?
you are really doing some good work ,keep it up but I want to learn from you.
Thanks
Jermaine
Hi Jermaine,
Thanks for your attentions. We all need to keep on learning. I will try to have some more training articles and videos on my site.
Best regards,
Forexoma
Hello Forexoma,
It is with great pleasure that I see you back and I wish you well. I hope that you will be sticking around for a while. I always learn everytime I read from you.
Thank you very much for your time
Eric
Dear Eric,
Hi
Thanks for your attentions. I will do my best to continue my free service.
Best regards,
Forexoma
Hi Forexoma,
I came to this site to check up on some robot trading systems that some other users had tried. One of them I was interested in trying out and after reading what one user said I decided not to spend the money. I agree when you said that if there is a good automated system out there you would pass it on. I have been working on automated system trading for several years. Unfortuately I have not found the right match. I did enjoy trading some of your signals this past week and interested in what you are doing here.
Thanks,
Craig
Hi Craig,
Thanks for your comment and welcome to my site.
There is no automated trading system that can be profitable at the end. Why? Because trading is all the matter of psychology and robots and softwares can not understand anything about the psychology of the market. Trading is an observation based skill that robots can never have.
Best regards,
Forexoma
Dear Forexoma,
I have always said you are God sent to man. Your thoughts about humanity is far beyond the umderstanding of the ordinary mind.
I wish to congratulate you for giving out thses great help to all freely. The Holy book did say …”freely I give”, I see you fulfilling your years in Gods’ own will.
God bless you and crown all your life endeavours.
Though I have not started trading with your signals yet, yet I am glued to your site because you give me joy with your writeups.
God bless you really good
Collins
Nigeria
Hi Collins,
Thanks again for your attentions. I hope I deserve your description but believe me that I am not doing anything outstanding and extraordinary and it is the least I can do. I hope I can be more help in future.
Best regards,
Forexoma
Hi Forexoma,
Thanks for all great works that you dedicate for the people worldwide. Your contribution is much more valuable in saving the life of people, and create many people employed to become a forex trader. It is much a greater contribution than what a president has done for the people. You are more than a president, Forexoma.
May I know where you are from..?
Thanks and Cheers
Priawansyah
Hi Priawansyah,
Thanks for your attentions.
A president is a good guy only when he really wants to work for the good of the community but unfortunately some of them follow some different goals.
Thanks again.
Best regards,
Forexoma
Hi Forexoma,
Looking forward to joining you this coming week 26th-30th. Fantastic work so far. Appreciate the efforts you are going to help others learn how its done.
Thanks,
Andy
Hi Andy,
Thanks for your comment and welcome to my site.
Best regards,
Forexoma
Hi Forexoma….
Just a question….if i may…
The trades you had done last week shows an exit of 100 pips max. profit on any trades.
On the 15th….you were letting your profits run and your losses were higher.
Why did you review your trading plan for last week trades?
regards
Ross
Hi Ross,
As far as I remember I always had a target for the trades and I didn’t let the profits run. On 15th some of the trades went to the other direction but then followed the direction I had chosen and also some of them triggered the stop loss. This is normal and we should expect to see some trades that trigger the stop.
But I don’t understand what you mean by “Why did you review your trading plan for last week trades?”
You mean I should not review the trades of last week.
Best regards,
Forexoma
Hi Forexoma….
Sorry if i mis explained my quiery.
Ok…if you look at the results of 19th…i see +1565 on U/N and -849 on U/D….etc… giving a net result of +1171 for that day.
Then…with your results from last weeks daily trades..i noticed that you take profit at +100..where the price has run further than that…. on the 19th, 20th and 21st…max profit is +100…and losses are lower now.
The question i was trying to relay is:….
Last week…..you appeared to have ‘revised’ your TP including exiting at +100 pips…..
Did you intentionally decide to exit there or did all those trades naturally expired at that +100….
Im trying to see if you did decide to revise your TP from the previous week to last week…
dose this help…
regards
Ross
BTW….what time will you be posting your selections….my time DST on eastern side of Australia(Sydney)…?
Hi Ross,
Now I understand what you mean.
No; I did not change my strategy about the TP. Some of the currency pairs like USD/NOK are like that. Their movements are big. For example when USD/JPY moves 100 pips, the USD/NOK moves 1000 pips. I always consider the nearest support/resistance for the target and when the nearest resistance for USD/JPY is 150 pips, it is 1500 pips for USD/NOK or USD/SEK.
On 19th we had some positions with those currency pairs but last week we didn’t have any position with them and that’s why you don’t see any 1000 pips target for the last week trades.
Best regards,
Forexoma
Hello Forexoma,
a great service ! Since Ross ( see above ) has already written all I have to say I can just take the opportunity to say thank you, thank you, thank you ! We definitely have to find the right ” secret ” herb or nutritional supplement ( like Ginseng ) for you, so that you keep on doing this until you are 120 years old…… :))
Michael
Hi Michael,
Thanks for your attentions and kindness. I also wish you long life and prosperity.
Best regards,
Forexoma
Hi Forexoma,
I Really Appreciate You,
You’re A Great Person,
God Bless You ,
Regards,
XedboX
Hi Forexoma,
Just wanted to drop in and say thank you for your hard work and let you know I am blessed to have come across your website. I sincerely pray that this amazing service is continued (either as free in the present form or a paid subscription based).
Kind regards,
Dan