What is the name of the hedge fund whose trade recs you follow?
We are unable to disclose this information due to confidentiality reasons. The fund trades significant notional positions and does not want its name publicly associated with this service for a variety of reasons, including avoiding other funds, institutions, traders, dealers and banks to trade with or against its positions.
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What trading strategy does the hedge fund use?
The fund has a wide variety of tools, analysis and indicators at its disposal, some of which are proprietary and developed by its traders. Market views are formed based on an in-depth study of fundamental factors and trades are executed when technical and sentiment analysis clarifies the view. The fund’s style is discretionary and is dependent on the active involvement of its traders.
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What time of day are signals sent?
The fx market doesn’t sleep and neither does the fund. It has traders in three countries covering all three major trading sessions, so signals can be sent at any time of day. It is worthwhile noting that the fund rarely opens or closes positions during the Asian Session, due to relatively low market liquidity during this session.
In addition to providing trade alerts as they occur, we provide a position update through a posting in the members’ section of our website.
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How often do you send signals?
We send trade signals as they are executed by the fund. The fund is selective in its trading and only enters (or exits) positions after forming well-researched opinions about the direction of a given currency pair. There is no trading for the sake of trading. The frequency of trades is generally low (3-5 trades a month on average) but their effectiveness is very high.
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How much equity should I start with to trade your signals?
If you intend on trading our signals without modification, then we recommend that you maintain the following minimum amounts of equity depending on the type of account:
Mini Account $10,000
Standard 100K Account $100,000
Interbank Account $1,000,000
Based on past performance statistics, including maximum drawdowns, the foregoing amounts should be sufficient to trade our signals at 10% margin or less. Lower leverage accounts should have correspondingly higher equity.
What is the maximum loss suffered by the fund?
520 pips on a single trade and 618 pips in one month since 2004. Proper risk management is essential in order to prosper from this service. We recommend that you use low margin and maintain sufficient equity to sustain potential whips of at least twice the maximum drawdown. The fund trades using 20% margin (5 to 1), while we use a slightly more aggressive 10% margin.
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Your performance results date back to last year yet your website was only created in May 2005. Why the discrepancy?
The performance results prior to May 2005 are based on the hedge fund’s actual trading results. The hedge fund was formed in 2002 and we have posted results from last year in order to demonstrate the success potential of our service. We are new to providing signals but definitely not to forex. Our principal business is consulting to and advising hedge funds on global macro strategy and our staff includes former bank spot fx traders and fx derivative traders. We are also investors in all the hedge funds we advise, including the fund whose trades are followed in this service. We created this service and website after recognizing the large demand among retail and professional forex traders for consistent, researched, and reliable trade ideas that were easy to follow and profitable to execute.
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Anyone can post past performance results but what proof do you have that those results are real?
The performance results prior to May 2005 are based on the hedge fund’s actual trading results. As investors in the fund, we receive monthly performance summaries as well as annual audited statements. The results posted in the aggregate for each month prior to May 2005 are based on the summaries and statements we received from the fund. For the exclusive benefit of our signal subscribers, and in order to allow for transparency in our performance, we began posting a copy of our actual monthly trading statement for a live account held with an online FX broker since May 2005. At the end of each month we post our trading statement for subscribers in order to evidence the effectiveness and validity of our calls.
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If your signals are so good why not just trade them yourselves?
We do! We not only have an investment in the hedge fund on which our signals are based but most of our employees also have individual trading accounts. We publicly offer the signals to fx traders because we feel we have a superb service unlike any other signal service on the market. And as consultants and advisors with solid fx trading experience, selling trade signals fits our business model nicely. This means a potential win-win situation for everyone – win for us because we can earn additional income from selling the service, and win for our customers because they dramatically improve their forex trading performance.
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How does your referral program work?
In order to subscribe to our signals, you require a referral from an existing subscriber. We believe our growth should be earned through the success of our subscribers not through marketing hype or slick advertising. When you subscribe for the first time, you will be asked to enter a referral code. The referral code is a unique identifier assigned to each subscriber to our service and helps us track the source of referrals. Every new subscriber receives his own referral code which he can pass on to friends and colleagues. A subscriber who refers either one annual subscriber or ten new monthly subscribers will receive one month of our signals free. The number of referrals is tracked and "banked" for the benefit of the referring subscriber as follows:
0-49 referrals
For every 10 referrals of monthly subs = 1 month free
50-99 referrals
For every 10 referrals of monthly subs = 2 months free
100-199 referrals
For every 10 referrals of monthly subs = 3 months free
200+ referrals
Free lifetime subscription - never pay for our signals again!
Please note that if you cancel your service at any time, the referrals you banked will be lost and will not be recovered if you reinstate your subscription.
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Frequently Asked Questions