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Hello zomg and jorgecoello - thanks for your replies.
I emailed them about their managed accounts, they replied to my 4 questions.
I have copy and pasted the 4 questions and answers below:
Hi,
1. Do you still do managed accounts at forex.com?
-yes we do
2. Can you tell me what kind of performance it has over last few months?
-for the last month +12%
3. Is it a good time to get involved or are you making changes?
-yes, we need to going to make some changes, because market liquidity for our scalper strategies are not good at this moment.
4. Do you have any new products coming out?
-we want to show for all clients our new forecasts based on eurusd trading, but only in November.
If the +12% is correct then I find the reply to my email very honest. I understand spreads or liquidity can be the worst thing for EAs, especially if scalping. IDT seems to have made people some good money in the past so I will still watch this thread to see what happens. I appreciate people sharing their experiences.
Thanks
___________________________
IDT Online Group
Kindly Regards
I notice on my last post it ends with 'IDT Online Group' 'Kindly Regards'
This must be when I copy and pasted their email to the last post.
Must preview before posting.
Scared to death of these levels - maybe its time to sit out and wait for a downside break. And a big thank you to Trichet for helping to pummel my beloved dollar even more!
The Dollar reached a 14 month low against all majors after continuous signs of global recovery increase investors\' appetite for risk. Adding to that was the U.S. Initial Jobless Claims that decreased to 10-Month Low of 521,000 and pushed the investors to higher yielding assets. NASDAQ and Dow Jones rose by 0.64% and 0.63% respectively. Crude oil jumped by 3%, closing at 71.69$ a barrel on the back of the Dollar\'s weakness and despite an increase in oil and gas inventories. Gold (XAU) reached to a new record high of 1060$ but closed lower at 1055$ an ounce. Today, Trade Balance is expected to slightly decrease from -32.0B to -32.8B.
For the past week were 2 profitable days from 2 total trade days (Thursday and Friday, another days without trades).
So +2.66% only in Forex.com broker with lowest risk (very little lot size- 1 lot for each 26000 usd deposit)
In Dukascopy without trades
THey said that when their method will be ready to use, the lot size can be more than 1 lot for each $26k
I've been received IDT's forecast for Monday EURUSD Trading:
From opening forex market we should set up sell limit orders at:
-sell limit at 1.4737 | take profit at 1.4713
-sell limit at 1.4762 | take profit at 1.4719
-sell limit at 1.4775 | take profit at 1.4730
Stop loss for all orders at 1.4860
Good luck guys
I've been received IDT's forecast for Monday EURUSD Trading:
From opening forex market we should set up sell limit orders at:
-sell limit at 1.4737 | take profit at 1.4713
-sell limit at 1.4762 | take profit at 1.4719
-sell limit at 1.4775 | take profit at 1.4730
Stop loss for all orders at 1.4860
Good luck guys
Forecast for new week from opening the market Forex or Futures:
EURUSD
Sell zone: 1.4906-1.4920
Target zone: 1.4887-1.4831
Stop Loss: 1.4935 with buy stop order at 1.4938 with target at 1.4970 and stop loss at 1.4915
1.4983-1.5001 --- middle term resistance
1.4783-1.4758 --- middle term support
Forecast for new week from opening the market Forex or Futures:
EURUSD
Sell zone: 1.4906-1.4920
Target zone: 1.4887-1.4831
Stop Loss: 1.4935 with buy stop order at 1.4938 with target at 1.4970 and stop loss at 1.4915
1.4983-1.5001 --- middle term resistance
1.4783-1.4758 --- middle term support
I've been received IDT's forecast for Monday EURUSD Trading:
From opening forex market we should set up sell limit orders at:
-sell limit at 1.4737 | take profit at 1.4713
-sell limit at 1.4762 | take profit at 1.4719
-sell limit at 1.4775 | take profit at 1.4730
Stop loss for all orders at 1.4860
Good luck guys
Aren't these all big losses? Sure looks like it.
__________________
Life is a Gamble. You win some. You lose some. And life goes on.
Don't trade it on the real deposit, it's only in test period.
I had losses on theese forecasts (middle term)
On the short term are good, I'll try to take all forecasts and will show you there..