Forex FLASH - Forex Signals» forex trades

Has anyone who trades the forex ever heard of 2wayfx or done business with them?

admin — Sun, 09 May 2010 15:19:24 +0000

They have ads on craigslist saying they are hiring traders to trade using their capital. I am a little suspicious since they are based in Cyprus. Has anyone actually worked with them and held an account?

I recently was presented a job offer from 2wayfx and have been trying to research them. Few things I found suspicious were:

1. They spelled my name wrong
2. Company claimed they were from LA, California and when I received the agreement it was from Cyprus with a P.O box in Las Vegas.
3. I did a "whois" search on them and they’ve registered through a proxy, which is a tool used to block your identity. If you’re an honest company why would you want to hide all your information, including the company name?
4. The agreement has nothing to do with trading forex, all based from a brokerage standpoint with commissions on how many people you get to open an account. The trading side of it requires a $1000 initial deposit…which is very hard to trade with plus most arcade companies implement this strategy to wash you out and take your money.

That’s what I’ve found so far, I’m still waiting for a call back. They don’t ever get back to me during working hours. (usually 5pm-8pm central time) which makes me think that they could have some type of day job in the mix.

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Daily Video Recap (5/6): US Equities Melt Down, Yen Longs Covered in Huge Moves

admin — Sun, 09 May 2010 14:46:51 +0000

Risk dominated the NY session, especially from about noon on as markets capitulating to the financial troubles swamping Greece and the Euro-zone. The market has lost faith in EU leaders ability to prevent a debt meltdown in Greece from spreading to other countries. Yen crosses saw the largest moves as carry trade positions were liquidated.

News Provided by FXTimes/CMS Forex

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Analyst: Nick Nasad

Open up a free practice account and start trading Forex today.

Duration : 0:9:33

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Is there a way to copy the Forex trades of the best traders?

admin — Thu, 08 Apr 2010 17:19:09 +0000

And would you make money?

Try to visit this site to get more Forex tips and resources coming from a best traders, http://forexterritory.com/blog/forex-ripper/ .

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How to win more trades in Forex?

admin — Tue, 09 Mar 2010 19:04:39 +0000

Hi I am an all time loser in forex. I have been losing money since a very long time 2003 but I still trade with the hope that one day I will win. Has anyone ever won in Forex? If yes, then please share your trading strategy.

Hi there,

i wish i can tell you a holy grail of trading but unfortunately there is none.

How to win more in forex?

1) Proper money management is a must. You may win 5 trades but with an over risked position, one losing one may wipe your account
2) Hardwork. Read the news. Know of upcoming high risk event and news releases and stay out of them
3) Know the currency pair you are trading on well. How does it usually react during the US/London/Asian markets.

Do all this and you may finally make it to the 5% of folks who gained in forex.

Cheers and all the best.

I write about forex articles in my blog for newcomers.

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