| 1.) Which currency pairs do you trade?
Roughly 70 percent of the time we trade
the EURUSD, GBPUSD, USDJPY, EURJPY, however
we will also alert you on any of the currency
pair where we see opportunity, including USDCAD,
AUDUSD, USDCHF, GBPCHF, XAUUSD.
2.) What times of day do you trade?
We start from 6.30am till 1.00pm London time.
Often At 1.00pm we will give you commentary
on chart setups.
3.) How am I notified of a new trade alert?
You will log into our chatroom - http://bindalfx.omnovia.com/,
You will be given a unique username and password.
4.) Do you make Partial Exits?
All our trades are based on 2 contracts
( or multiples of two) per trade, where half
of the trade is closed at the first target (TP1),
The second target (TP2) is allowed to run for
maximum pips wherever possible. Once again full
guidance given on the trade management.
5.) Can you give examples of alerts?
Example > GBPUSD Long (buy) @ 1.4485,
stop 25, TP1+25, TP2 +100.
Example of closed positions
GBPUSD Long 1.4485, Tp1+25, TP2 +55 = +80 profit
GBPUSD long 1.4550, TP1-25, TP2-25 = -50 loss
(where stopped out )
6.) Do you give exact entries, exits and
take profits?
Yes, always.
7.) How many trades per week?
Roughly 20 trades each week, Depends on
market volatility.
8.) Will I have time to enter the trades?
The alerts are given in real time, so
you can enter immediately. If however the markets
have significantly moved then we suggest you
wait for a pull back, as it often happens. Often
before the trade alert given we tend to notify
which chart is on watchlist.
9.) What is your performance record?
We update the performance regularly - http://www.4x4u.net/bindalfx/fxlive2010.pdf
10.) What is the maximum number of trades
you will have open at any given time?
Usually we will have 2 0r 3 open positions,
all depends on the signals being generated.
11.) How long are the trades open for?
This depends on volatility, but typical average
is around 2 hours for intra day, and upto 24
hours for swing trading
12.) What risk management do you suggest?
This is discussed in detail when you become
a member.
13.) How are your signals derived?
Price action > technical analysis
14.) What is your average stop loss and
take profit?
This depends on volatility. Overall we aim for
a 1:2 risk/reward ration. Meaning we risk 25
pips to make a 50 or better.
15.) Do you offer a free trial period?
No > but our service has a money back
guarantee. If we fail to give you a 250 pip
monthly profit, then full money refunded.
16.) Can your performance be affected if
to many people are following your service?
The Forex market does trillions of dollars
a day in volume, no single individual can influence
the market for more than a few seconds.
17.) Do you offer Money
Back Guarantee?
We aim to guarantee a MINIMUM of 250 pips
per month. Although the actual results will
be substantially more than this. If we fail
to deliver a minimum of 250 pips in our chat
room AND email alerts, then you pay us nothing!
– You get a FULL refund OR you can have the
next month free! – The choice is yours! On average
we expect to achieve more than 1000 pips each
month!
18.) What is so unique about the Bindal
fx Pivot points?
We calculate the Bindal FX Pivot points,
everyday based on the price action to date.
So when the price action is ABOVE the pivot
point, you are looking to trade LONG on a 123
setup, and if the opposite is true than Shorts
on a 123 setup. This strategy works with nearly
80% success rate. Full information is given
on how to trade in our daily newsletter. |
