“Thank you Yogi!”
This coming week sees our EURUSD trading signals service get started on
Collective 2, the world’s largest distributive hedge fund site for advisory
collaborative effort, involving hundreds of hours of research using the highest
powered Ph.D. level mathematics software and approximately 20 years of tick
data … we didn’t just explore it, we dissected it 1,000 ways from Sunday, in
order to get to the point of asking the right questions, in order to get the right
answers. This involved me, Cousin It, & CoS [chief of staff] Milton Waddums
… when they first came to me with results, the first order of business was not
asking, but telling me, that no way in hell is this going to be available to the
general public … or me … if I didn’t acquiesce and agree. So, here we are.
The PAMM, of course, is trading the signals and will do so indefinitely. For
those that are currently in the PAMM as of today’s post, no matter your level
of participation, if you trade your own account as well and would like the
EURUSD signals in real time [sent SMS text to smartphone is the best option
IMHO], they will be provided to you on signup @ C2 free of charge, for as long
as you are in the PAMM. At the proper time this coming week [I’ll announce
during the week when], simply go to the C2 website provided above in the first
paragraph] and sign up using your name and telephone number for the free 30
day trial; email me and let me know you’re in the PAMM and give me the
phone number and name and I will then go into the back office and change
your billing to $0, so you never get charged or asked to pay for the service.
This coming week will see us setting the service up at C2; it’s not there yet, so
don’t bother looking for it now. During the week on one of the daily blog posts,
I’ll announce the name of the service, and provide the web address to go to it
directly. For those who aren’t in the PAMM, but are traders nonetheless
trading their own accounts, subscription price for the EURUSD service is $200
per month … everybody gets a one month, 30 day, free trial period for the
signals … you can evaluate the signals with simply providing C2 with your
name and telephone number without providing bank card details … if you wish
to subscribe, at the end of the trial, any bank debit/credit card with either
Mastercard or Visa logo is acceptable, and will be billed monthly on your due
date … you can cancel subscription any time and receive pro rata refund on
unused portions of the month. C2 has multiple ways to receive signals, as well
as an “auto trade” option where signals can automatically be executed in a live
account at one of their sponsor brokerage houses [there’s a monthly fee for
this] … if that’s something that interests you, check with C2 website, live chat,
or customer service for details. As of right now, Turnkey is NOT one of their
sponsors.
The vast majority of traders out there, can reasonably trade EURUSD with
0.5 lots [50,000 notional] and/or higher. Smaller accounts usually trade higher
leverage due to the dollar amounts involved … most retail spec accounts are in
the $2,500 to $10,000 range, and if proper risk parameters are followed, trading
½ lots or multiples of 1 lots are acceptable. Our pricing basically came down to
the conclusion of one premise; “there are usually 20 trading days in a month
… that means you need to clear 1 PIP PER TRADING DAY from the signals to
pay for the service trading a simple 1 lot, or 2 PIPS per day if you trade a ½ lot
… there are multiple signals per day, and the simple fact is, that 1 or 2 PIPS isn’t
gonna be the deciding factor in whether or not you achieve your financial goals
… if we collectively thought the price was overly onerous, and would be hard to
pay for, it wouldn’t be priced where it is … fact is, both Cousin It & Milton
Waddums wanted a much higher price, but I talked ‘em out of it simply cuz I want
practically everybody to be able to benefit … sure, I realize some very small
accounts that trade 0.01 lots or something around it, can’t afford the service, but
that’s life”.
Now, I want to make clear, I have no intention of providing this service to
unlimited subscribers … I know very well what can move the EURUSD
market and what can’t … and the number of subs isn’t going to be allowed to
get very high … most likely a lot lower than any of you are thinking … so, my
advice to clients/long time readers/and Newbie visitors to the website is simply
this: “there is NO risk NOR obligation to the downside of signing up for the free
one month, 30 day trial … you get EURUSD signals in real time, and they are
tracked and measured by C2 … you can see the results, as well as evaluate the
risks … after that, it’s up to you to decide what to do … simple as that”. And
once the limit is hit, I’ll close off subscription at C2, and those on the outside
can simply watch.
Now, for those larger traders, if you want to get free EURUSD signals, and
aren’t currently in the PAMM, you have to deposit a minimum of US $20,000
into the PAMM. The reason for this should be obvious; current PAMM
minimum is $400 … we simply aren’t going to allow some people to “game” the
system by putting $400 into the PAMM, getting free signals, and then trading a
$50K+ account somewhere and using the signals … thus viewing the $400
PAMM investment as nothing more than a bank deposit to avoid the monthly
charge. And sadly, there are plenty of people who would do it.
Once the C2 service is up and running this week sometime in EURUSD, the
PAMM Spreadsheet will be back with our trades, tracking right alongside the
results at C2. In addition, we’ll have a monthly archive of ALL signal trades on
the M1 candlestick chart over in “Download Links”.
All off this begs the question of, “Since we’ve “cracked the code”, so to speak in
EURUSD, will there be others down the road? … Maybe, don’t know yet
… Milton is working now on XAUUSD [spot gold] cuz he’s a “gold bug” at heart
… we’re still working on it and evaluating our trading assumptions, but it looks
promising … so, maybe down the road some gold might be a possibility. Other FX
pairs might also be a possibility at some point, but we haven’t even looked at
others as of yet, so anything there will be in the future, if/when staff decides they
want to work on it and solve the puzzle”.
Tomorrow sees the U.S. Labor Day Holiday, so I’m not expecting much from
either Asia or Europe once trading starts tonight with the Asian session. Fitch
came in late Friday with no downgrade of Italy, but put them on
“negative watch” status for possible downgrade in the very near future
… probably no effect on EURUSD as we start the Asian session, but who
knows what’s in the fine print. In any event, it’s looking like “chopfest” time in
the pair for the day, with plenty of drift, mystery ticks from the scumbag LP
banks, and the slippage meter set to “MAX”, all in an effort to make some
bucks off the retail spec crowd. I hope I’m wrong, but we’ll see … volumes
likely to remain light until Tuesday’s trade.
Before I go, if anybody has any questions about the C2 service, or our
EURUSD algorithm that we’re using [generally], email me and I’ll get back
to you ASAP with a personal response. Until tomorrow mi amigos
… Onward & Upward!!
Have a great rest of your Holiday weekend everybody!!
-vegas
OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!
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