First day with FxBossTrading

Posted on 22. Sep, 2009 by in Forex Signals, Review

Yesterday was my first day with FxBossTrading (Read the preview here). Yesterday I got an email, close to midnight (GMT) with a Sell stop order on GBP/JPY at 148.75 and a stop loss at 149.75 (100 pips). There is nothing about any TP level, so my guess is that I will get an email whenever they exit the trade. Furthermore, there is no information about risk/reward, so you will have to work on your own money management, when trading these signals. However, from their website, it seems like they host a webinar every now and then, which is probably a good place to get more information about such aspects.

Currently the GBP/JPY trade is around 149.20, hence around -50 pips. I will update you when the trade is closed, or when a new trade is issued. Stay tuned.

Related posts:

  1. FxBossTrading – 2. Update
  2. FxBossTrading – 3. update
  3. Final update on FxBossTrading
  4. Preview of FxBossTrading

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2 Responses to “First day with FxBossTrading”

  1. Barry says:
    Just started 2 days ago with FXBOSS also. Last night trades exited at loss. I am setting up trade copier today, so their signals are automatic to your account. They update you a lot as to what to d with the trade. THey have great support too! Their track record is good also.
    COMMENT  
  2. admin says:
    Hi Barry,

    Well things looked good when I started out with them. However I think that their results were disappointing, taking the price into consideration. Maybe this is because I was only with them for one week, but this seems to be a returning problem with forex signal services. If they offer a trial period, it is often only for one week. If this is a “bad” week, what can you do? Asking for another one is never really an option.

    Please give us some updates. How are things going with them?

    COMMENT  

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