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Author Topic: Forexmeister  (Read 112814 times)

Offline DamBuster

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Re: Forexmeister
« Reply #30 on: June 13, 2011, 08:28:16 AM »
HI Dambuster

Even though the swing trade calls are part of a separate subscription, I am receiving them as part of my monthly trading room calls - they arrive via emails.  I also seem to recall receiving them as part of the 3 day trial as well.

I have been using this service for 2 weeks now and can say that I am very pleased with the results.  If you are able to follow the whole London session, then you will receive the same results that he publishes on the performance pages on his web site.

Thanks Gmilne :)

Offline DamBuster

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Re: Forexmeister
« Reply #31 on: June 13, 2011, 08:29:53 AM »
Not off to the best of starts: when trying to log in I get    

Your login does not match any user or room password and there are no public rooms for this company.

This will be a good test of the support department

Offline DamBuster

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Re: Forexmeister
« Reply #32 on: June 13, 2011, 08:32:24 AM »
Not off to the best of starts: when trying to log in I get    

Your login does not match any user or room password and there are no public rooms for this company.

This will be a good test of the support department

Well, id doesn't get much better than this:

Email answered and problem fixed within less than 10 minutes

Well done Forexmeister, so far so good :)

Offline DamBuster

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Re: Forexmeister
« Reply #33 on: June 13, 2011, 04:16:37 PM »
So folks, here's the report for the 1st days trial:

Logged on with username/password to see a very nice, preofessional chat room

An hour or so into the day we get a GU and EU swing pending trades.

The EU trade got taken, went within 3 pips of TP1 and has since reversed and is hading the other way :)

After watching the screen for 6 hours with no further action  I begin to wonder where all the scalp trades are and ask in the chat room

I am told I needed to click on another link, which incidentaly will only work with Googles' Chrome browser, and thats where the scalp trades are announced (was told total for today was about +30)

So, generally a frustrating day due to some unclarity but will try again tomorrow and report back

GLA :)

Offline myforex.live

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Re: Forexmeister
« Reply #34 on: June 13, 2011, 07:01:31 PM »
Hi.. I signed up for the Swing trade signals yesterday...

*************************
Signal alert
BUY EUR/USD @ 1.4357
SL 35 PIPS
TP1 50 PIPS
TP2 100 PIPS

BUY GBP/USD @ 1.6240
SL 35 PIPS
TP1 50 PIPS
TP2 100 PIPS

Advices for trading swing trades of FOREXMEISTER:
 
* Dont risk more than 2% per trade (depending on your account size and StopLoss calculate your 2% risk)
 
* Always use our signals as a confirmation of your chart analisys, feel free to not take a trade if you feel it's not right for you!
 
* When TP1 achieved, use trailling stop with 35 pips and put StopLoss BreakEven!


* Be discretionary with taking out half of you position size and put StopLoss B/E, the main aim is to make money out of FX market.

**********************************

I had set two trades each for EU & GU, one with a TP of 50 pips and the other with a TP of 100 pips and a TS of 35 pips.  TP1 was reached for both the trades..  My TP2 trades were stopped by TS...

06.13.2011 12:28    06.13.2011 17:53   GBPUSD    Buy    0.10    1.63088    1.63623    1.62623    1.63081   45.8    45.10   5h 25m   0.86%   
06.13.2011 12:25    06.13.2011 15:14   EURUSD    Buy    0.10    1.43564    1.44344    1.43344    1.43558   21.4    20.70   2h 49m   0.40%   
06.13.2011 12:28    06.13.2011 14:14   GBPUSD    Buy    0.10    1.62268    1.63118    1.62618    1.63120   50.2    49.50   1h 46m   0.95%   
06.13.2011 12:25    06.13.2011 14:11   EURUSD    Buy    0.10    1.42993    1.43843    1.43343    1.43840   49.7    49.00   1h 46m   0.94%

Will look for a trade manager EA that will move the stop to BE on reaching TP1 and then initiate TS.. That way I would have got more pips on the TP2 trades..

Day 1 was good.. I have got my subscription fee back with min lot sizes. 8)

Wishing everyone more green pips  :)

 

Offline bshoe24

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Re: Forexmeister
« Reply #35 on: June 13, 2011, 08:05:47 PM »
Hi.. I signed up for the Swing trade signals yesterday...


hi, are the swing signals also given during the london hours?  i'd like to possibly be a client of this service but, cant trade those hours.  i hope they at least offer a copier of some sort for the swing signals.

forexmeister

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Re: Forexmeister
« Reply #36 on: June 13, 2011, 10:22:33 PM »
We send out signals when market moves and when there are valid setups...can say we trade only London or only NY..lately happended to have more movements during US sessions...so everything is about market and price action.

Offline myforex.live

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Re: Forexmeister
« Reply #37 on: June 13, 2011, 10:23:38 PM »
Swing trade signals are given for London/NY session... usually during London sessions.. if there is not enough movement in the market during London session, then the signals may sometimes be given during NY sessions..

I live in GMT-7 timezone... so london session is my bedtime.. That's the reason I cudn't do the scalping signals.. 

For the swing trade signals, I have set a filter in gmail to send me sms alert on my phone when mails are received from forexmeister.. So when my phone alerts, I get up and set the trades and go back to sleep.. hope it works..


Offline DamBuster

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Re: Forexmeister
« Reply #38 on: June 14, 2011, 04:23:40 PM »
2nd day of 3 day trial and very impressed! They are preofessional, courteous and so far, profitable

Trades today:

+56 on scalps and an open swing trade currently +35

Personally, I found it difficult using the MT4 platform as you have to move very, very fast to catch the signals at the given entries/exits.

I therefore switched to my SB platform which for me, made it a lot easier, and its tax free ;)

Only downside so far: 8hrs continuos screen time - went for a pee and missed a profitable trade!

Still, using correct MM this could make a very tidy income

As always DYOR and BOL :)

Offline 4xplosion

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Re: Forexmeister
« Reply #39 on: June 14, 2011, 04:45:47 PM »
2nd day of 3 day trial and very impressed! They are preofessional, courteous and so far, profitable

Trades today:

+56 on scalps and an open swing trade currently +35

Personally, I found it difficult using the MT4 platform as you have to move very, very fast to catch the signals at the given entries/exits.

I therefore switched to my SB platform which for me, made it a lot easier, and its tax free ;)

Only downside so far: 8hrs continuos screen time - went for a pee and missed a profitable trade!

Still, using correct MM this could make a very tidy income

As always DYOR and BOL :)

Dam...what is the "SB platform" that you are referring to?  Were you taking both 1tp and 2tp to attain the 56 pips?  Also....you are given an alert for the trades aren't you?

thanks in advance!

Offline Matuka1968

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Re: Forexmeister
« Reply #40 on: June 14, 2011, 04:51:09 PM »
Hi,

Use MYFX program. www.myfx.com.au

Matuka1968

Offline DamBuster

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Re: Forexmeister
« Reply #41 on: June 14, 2011, 05:22:05 PM »
Quote
Dam...what is the "SB platform" that you are referring to?

Spread Betting

Quote
Were you taking both 1tp and 2tp to attain the 56 pips?
Yes, aggregated the tp1 and tp2 as I look on them as individual/seperate trades

Quote
Also....you are given an alert for the trades aren't you?
Yes, swing trades by platform and email, scalps by patform only

Offline myforex.live

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Re: Forexmeister
« Reply #42 on: June 15, 2011, 09:06:52 PM »
Update on Swing Trade signals:

SELL AUD/USD @ 1.0660 - both targets achieved
SL 30 PIPS
TP1 50 PIPS
TP2 100 PIPS

SELL GBP/USD @ 1.6420 (The previous day's trade signal) - TP1 achieved, second half closed by TS for 132 pips
SL 40 PIPS
TP1 80 PIPS
TP2 150 PIPS (target for 200 pips or further 300 pips)

06.15.2011 15:32    06.15.2011 20:39   AUDUSD    Sell    0.24    1.05835    1.05523    1.06523    1.05523   100.0    238.32   5h 6m   4.56%   
06.15.2011 15:32    06.15.2011 19:14   AUDUSD    Sell    0.24    1.06901    1.06031    1.06531    1.06013   51.8    122.64   3h 42m   2.34%   
06.14.2011 14:13    06.15.2011 16:41   GBPUSD    Sell    0.22    1.62630    1.61458    1.63958    1.62632   132.6    289.26   1d   5.53%
06.14.2011 14:09    06.15.2011 11:31   GBPUSD    Sell    0.22    1.64363    1.63163    1.63963    1.63168   79.5    172.44   21h 22m   3.30%   

If it would be of interest, I am using the Multipurpose Trade Manager EA found in FF (jst google) to set the breakeven, TS, etc for these trades.

So far, I am very happy with the signals.. Will soon be subscribing to their Full Service..  :)

Offline qbast

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Re: Forexmeister
« Reply #43 on: June 15, 2011, 09:17:21 PM »
You got me really interested in swing trade signals. I don't think full service would make sense for me, as full time job makes it impossible to stare 8h a day at charts waiting for scalps.

Offline 4xplosion

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Re: Forexmeister
« Reply #44 on: June 15, 2011, 09:43:52 PM »
You got me really interested in swing trade signals. I don't think full service would make sense for me, as full time job makes it impossible to stare 8h a day at charts waiting for scalps.

Yes....the Risk Reward is awesome  based on their performance page and frequent testimonials in here...you could make a good case for a subscription to the swing trades to start out with and then, if circumstances permit...go into the scalping when you free up your time...

 

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