Frequently Asked Questions

• - What is your trading philosophy?
  • Our trading philosophy is simple; we use fundamental analysis to guide our long term bias, Support & Resistance levels on different time frames along with price action to guide our short term entry and exit levels.

• - What strategies do you use?
  • We use several different strategies when trading our proprietary account, adjusting to the market when needed. The trades that we share with our members are based on high probability setups such as when a price breaks an important support or resistance level. Other high probability techniques include the use of the Fibonacci tool, pivots, and price action analysis that determines momentum.
• - When are alerts sent? What times?
  • Our trades take place when the FOREX market is open; this means 24 hours a day, 6 days a week. Most of our trades are placed during the London and New York sessions. Alerts are sent out to our members via email and SMS/Text Message as we enter the trade and get posted on the members page a minute or two after.
• - How many alerts will I get?
  • This is a tough question to answer as the number of trades depends on market opportunities. We do our best to analyze the market and find as many good trades as possible. A good trade is one that has all the technical characteristics we look for, along with supportive price action.
• - How will I get my alerts?
  • You will receive our alerts via Email, SMS/Text Messages, and member accessed web page that keeps the supporting documentation behind every trade.
• - Do you trade your own account?
  • Every trade we provide in our members area is placed on our own real proprietary account.
• - What currency pairs do you trade?
  • We mostly trade the following pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, USD/NZD, USD/AUD. On occasion, when we see a real good opportunity, we may also trade the EUR/GBP, EUR/JPY, and GBP/JPY.
• - What indicators do you use?
  • We don’t use many indicators as they are always lagging the market. We do, however, follow indicators such as MACD, Stochastics, and RSI for further market confirmation either before or after we have entered a trade.
• - What economic data to you trade?
  • We trade only important economic news that lead to fundamental changes in currencies. These include but aren’t limited to CPI, PPI, Retail Sales, Trade Balances, Unemployment figures, and Interest Rate announcements.
• - Where can I get the latest economic data?
  • We get our economic data releases through Reuters. We lead our members to a great website that explains each economic event in great detail: www.forexfactory.com – We are not affiliated with this website in any way and are not responsible for inaccurate information they may provide; however, we have found this site to be one of the best. You should know that their numbers aren’t posted until a few seconds up to a minute after the actual announcement.
• - How much do you risk on each trade?
  • We do not risk more than 5% on each trade. We ask our members not to risk more than 2% on each trade as trading with leverage carries a great deal of risk.
• - How do you account for spreads?
  • Yes, all of our entry and exit prices account for spreads. Please note that your broker may have different fixed or varied spreads. Please contact them for more information. Do not forget to ask them about varied spreads during certain hours of the market or during important economic data releases.
• - Do you offer managed accounts?
  • Not at this time. We will be offering managed accounts in the near future.

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