mbadrick said:
Have you taken the course? The signals look to be pretty solid, I'm wonderingif the course is worthwhile. I believe someone on the FXMaster message boards had remarked that there was some technical analysis information he got out of the course that he felt was worth more that the signal serevice.............
I have subscribed to the course / the emails and the sms (jumped right in there!) I havent actually had any time to do more than read emails and action texts (when the IG server isnt down like it seems to be this morning) but hopefullly will get time to do the course next week as have taken week hol. will post what I think of it then. By the way if you are a spread better like me its worth doing a quick bit of back dated monthly anaysis to see how many pips you really are clear each month if you followed their last 13 months SMS. I have found for eg last month although they were up I would have been down. Worth doing just so you know what to expect.
That's rather alarming! Are you paying such a huge spread, or is there some other reason? Looks like they made 120 from 18 trades (their worst month ever), which would need a 7-point spread (!) to be losing from it ... hence my confusion(?). (Nobody has 7-point spreads on Forex products, surely?)LJE said:
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Roberto said:
Actually IG Index is 8 or 9 point spread on Daily Spot FOREX! me thinks should be looking elsewhere ? any suggestions this forum seems to talk about Capital Spreads but IG actually offers all I need like order to open with my own limit and stop loss that I can set. thus I can just put in what I want and forget about it. (Although they do not roll over orders to opend if daily spot - as I discovered this week). what do you use ?
Wow, nasty. I'll forebear from asking where they get customers from at those prices because I appear to be talking to one of them.LJE said:
Fair enough, if it suits you, of course; but you're paying a lot for it. I use CS: EUR/USD 3 pips, all the others 4 or 5.LJE said:
If I absolutely have to trade when CS is closed then I nervously use somewhere like FXCM, cursing both their spread and taxability of profits, and wishing that they were as safe and friendly and reliable and well regulated as a spread-betting firm has to be to pass muster with the FSA. (24-hour Forex trading coming to CS in a couple of months, they say. Can't wait).
Mr.Blonde said:
To be honest I do not think you can SB using these signals. The last four trades I had set entry levels that had to be hit to enter the trade, set stop loss and target figures. I did all this using FXCM. I asked about the course and this was there reply
Dear Mark,
The trading methods in the course are different from the analysis we do to generate our sms sigals. There's a team of traders behind our signals and we receive their forecast and choose the signals that suits our fundamental analysis of the market. The course is designed to explain simple methods to trade forex.
If you have more questions,feel free to contact me.
Kind regards,
Steve
Mark
Mark
Roberto said:Wow, nasty. I'll forebear from asking where they get customers from at those prices because I appear to be talking to one of them.
Fair enough, if it suits you, of course; but you're paying a lot for it. I use CS: EUR/USD 3 pips, all the others 4 or 5.
If I absolutely have to trade when CS is closed then I nervously use somewhere like FXCM, cursing both their spread and taxability of profits, and wishing that they were as safe and friendly and reliable and well regulated as a spread-betting firm has to be to pass muster with the FSA. (24-hour Forex trading coming to CS in a couple of months, they say. Can't wait).
Roberto
Have just opened up account with CS so will give them ago along side IG and compare both
thanks for info LJE
Why is any of that a reason not to spread-bet?mbadrick said:
Hope it goes well for you; and will be interested to hear. CS opening times can admittedly sometimes be a pain in the neck at the moment, but due to change soon, fortunately.LJE said:
Old_Bob
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I follow Fxmaster signals but as you know they run medium term strategy and they don't send the signals everyday. The system they offer in their course is a technical system for scalping which generates more frequent signals so i like to use it in these days when fxmaster is quiet.
