Been a bit of discontent at Forex 121 due to a lack of trading opportunities but believe that a revamp of the service will see Dan look after the shorter term trading whilst Ben looks after the longer term strategy. Made a decent start to March (albeit the first trade) with a gbp/nzd trade 200 pips to the good. Lets hope this a sign of things to come.
If i could ask a favour as well – can anyone who has joined the service since the start of the year let me have any feedback you have about Forex121.
Just come across this special offer from one of the brokers i use – Think Forex. I have an EA on a VPS with Think Forex and have had no issues at all with them for the 12 months its been running. (unfortunately the EA hasnt been performing quite as well as the brokers platform but thats not really Think Forexs fault).
They also offer a free VPS to clients maintaining a minimum balance of $500 which is a decent offer on its own. 20% bonus is open to new and existing customers. Obviously wouldnt recommend a broker i hadnt used without problems so if you need a new one take a look.
Losing month for Forex 121 – the first since i joined back in June. Difficult month for a lot of services and traders in general but Dan feels he has been to cautious in letting the market volatility dissuade him from taking trades he would normally take.
Hopefully November will see a return to the big winning ways.
Total +180 pips
I’d be really grateful if anyone who’s joined Dans Forex121 or Dandroid service since the beginning of July could let me know. Dan just needs to check his figures against mine.
If you could email me at firstname.lastname@example.org that would be great. Thanks again
Total +330 pips
Must admit last nights trade did catch me a bit unawares with there being no morning room with Forex121 I totally forgot about the evening room with Ben. Fortunately you also get a text from Ben to confirm any orders placed so I was able to get on.
The trade is currently 100+ pips to the good so tempted to move stop to b/e but no instructions to do so at the moment so will leave where it is.
Had a few people ask who i trade with & if I would recommend any particular broker – for me I have to say Smart Live Markets have a lot more going for them than most, especially if you’re starting out with forex.
They have a minimum ‘per pip’ stake of .10p which I’m pretty sure is the lowest in the industry, your profits are tax-free as they are officially a spread-betting company who offer MT4 services and they also currently have an offer which guarantees to refund up to £300 of your losses in the first month.
This is great if you’re planning to start with Forex121 or anyone really – you can trade with confidence knowing that if you’re using smallish stakes you can trade a live account free for a month.
The execution of trades has always been spot on and Dan from Forex121 uses them. If they’re good enough for someone of his experience then I’m more than happy to use them. They also cover the full range of markets required for trading with Forex121 & i’m currently using the Smart Live Markets iPhone app to manage the Forex 121 trades when i’m out & about & thats also worked flawlessly. Only positive experiences all round so far.
Have a look here