Why should I use
your PremiumFX service instead of similar forecast
services offered on other sites? First of
all, our service is different and unique. We offer
Pay Only For Performance forex forecast report. Our
forecast model was designed with the principle not to
identify buy/sell signals as many as possible, but to
isolate the most dominant and reliable signals.
Secondly, our PremiumFX forecast report contains 3
components. All 3 components offer
valuable insights that can be used to improve your
trading decision:
(1) Intraday Resistance
& Support levels:
Our
intraday resistance & support levels are derived
from a proprietary statistical mathematic model that
analyzes an aggregated consensus forecast from 300+
public Forex analysts.
(2) Short-term Day-Trade Buy/Sell
Signals:
Our Short-term Day-Trade “Set & Forget” Buy/Sell
signal takes advantage of daily volatility. It is derived using multiple technical
indicators that track short-term volatility.
(3) Multi-day
Trend Following Buy/Sell Signals:
Our Multi-day
Trend Following Buy/Sell signal is derived
using both fundamental & technical factors. Utilizing
a combination of statistical regressions and other
techniques, our model can identify emerging trends in
various currency pairs.
(e.g. As we stated in our sample
report on April-20-2006, we discovered an imminent break
out trend in the EUR/USD pair. In the following days,
our clients were able to capture hundreds of pips in
profit.)
What is your
secret to successful forex trading?
At FXSelect.com, our motto to successful forex trading
is “Selective Trading Is Always Superior Than
Frequent Trading”.
Which
currency pairs do you cover? 3 currency pairs are
currently being monitored & analyzed (i.e. EUR/USD, USD/JPY
and USD/CAD). We will expand our coverage to other
currency pairs in the future.
What types of
subscription do you offer for your PremiumFX service? PremiumFX offers
non-recurring Pay Only For Performance Forecast service.
PremiumFX forecast credit can be purchased through
Paypal in blocks of 1, 2, 4 or 6 credits. Remember, we
do not deduct any credit from your account until our
forecast report produces 5 pips or more in profit.
Do you offer
“Free Trial” for your PremiumFX Forecast Service? Our Free Forex Forecast
data is posted on the website free of charge. There is
no free trial for our PremiumFX Pay Only For Performance
forecast service.
If I purchase 2 credits, will I be
automatically billed for renew when my credits are used
up? No, you will NOT be
automatically billed because all of our subscriptions
are Non-Recurring. We encourage our clients to buy more
credit ONLY if they find the service useful.
Do I need to
cancel my subscription if I don’t want to use your
service anymore? No, you do not need to
notify us. Your subscription will automatically stop
once the credit balance in your account reaches 0.
Do you offer Buy/Sell signals in your
PremiumFX Forecast report?
Yes, we offer specific
buy/sell signals in the PremiumFX Forecast report for
both short-term day trades and long-term multi-day
trend following trades.
Do you issue
trade alert? Yes, we do issue trade
alert during the day only when we see new opportunities.
However, our main focus is on the forecast reports that
we issue twice a day.
Should I
trade using standard 100K account or 10k mini account? It really depends on your
trading experience and your risk tolerance level. For
example, a 10 pip profit in EUR/USD could mean $100USD
profit in a 100k account or just $10USD profit in a 10k
mini account. We recommend novice trader starts with a
10k mini account.
Trading Action (e.g. Buy Euro or
Sell Euro or Sell USD, etc.)
Enter@ or
Open@
Enter or Open a trade position at
$x.xxxx (Buy/Sell Trigger Signal); depending on
trade action under “Trade Strategy”
Exit@
Exit trigger point of a Limit
Order (i.e. An Open Position will be
automatically closed when the currency pair
reaches a pre-set profit level.)
StopLoss@
- Stop Loss trigger point of a
Limit Order (i.e. An Open Position will be
automatically closed when the currency pair
reaches a pre-set loss level.)
Trail-Stop
Number of Trailing-Stop pips
(i.e. Once an order becomes an open position,
the pre-set “StopLoss@” Point will be
automatically updated to lock-in profit as the
position moves in the trader’s favor. The
Trail-Stop feature causes the “StopLoss@”
order to move a specified number of pips when
the real-time price moves the same number of
pips in a profitable direction.
Risk Pips
The difference between “Enter@”
and “StopLoss@” (i.e. the max number of
pips can be lost in a particular trade.)
Profit Pips
The difference between “Enter@”
and “Exit@” (i.e. the max number of pips
can be gained as profit in a particular trade.)
Trade Style
A sentiment indicator of our
trade
Confidence Level
Another sentiment indicator of
our trade (e.g. if our “Trade Style” is
Aggressive and our “Confidence Level” is High,
we may trade using multiple lots.)
Valid Time Frame
Valid time frame for a particular
trade (e.g. A trade may be valid for the next
5~7 hours, or Intraday which is from market open
to market close, etc.)
Try our Pay Only for Performance Forecast
Service for only $12.89. Our unique forecast is derived from
a proprietary statistical mathematic model that analyze an aggregated
consensus forecast from 300+ public Forex analysts.