Here’s the latest update from the team:
“The FXF team are now set to launch their own TC service alongside the current Mike Pears and FXF endorsed copier service. The below will help detail our service, expectations and what we will need from you. If you do have any questions, please don’t hesitate to contact the team.
Like the current Mike Pears TC service, we will be running through 4xsolutions. These have proved to be reliable and we have yet to have an issue with triggering trades.
Unlike the current signal service, the FXF team trade more markets, we can use a mirror risk percentage and we place stops and targets applicable to current price range and movement. This service sets stops and targets according to the market traded.
Risk to Reward is always 1:1 Minimum, and stops can vary from 20-100 pips depending on the market traded.
We work with longer term trends, trading shorter term intra day reversals. Our risk sits between 0.5-1.5% per trade.
We use the FXF setup and charts to find our and trigger our trades.
The team will offer a mirror percentage risk, enabling each subscriber to set their own targets per trade. Full instructions will be sent to members detailing how to increase or decrease your risk percentage per trade.
The team are extremely consistent with their trading strategies, continually hitting the target pip count. We will be running an ‘open’ trading account, allowing you to check our trades whether you are a member or not.
The upfront cost for this service is £0. We have taken on board feedback and also taken on board the loyalty shown by the current TC members. For this reason, we have a £0 up front cost, with payment due 3 days before the end of the 30 day period, only if the pip guarantee has been made. Payment for the service is £200 though only due when pip guarantee has been made.
Like the current service, we have set the target pips at a minimum of 200 pips. At £5 per pip there would be a minimum return of £780 once costs for the service and 4xsolutions are taken out.
If 200 pips are not made within 30 days, no payment is due. If the pip guarantee has been met and no payment is made once 30 days have expired, the service will be removed via the 4xsolutions panel. We do have trust in each subscriber to fulfil obligations as we will with the pip guarantee.
The FXF team trade over 20 currency pairs, OIL, Gold, Silver and 6 Index markets. Unlike other copier services, we are not limited to specific markets. We run daily analysis on over 30 markets, and this is what presents us with our trading opportunities.
Like most systems or services, handling expectations can be the most difficult task. We have learned from the last launch that promising the world and failing to deliver has a detrimental effect on every single subscriber. Therefore we are going to set our target at between 200-300 pips per month.
We always aim to deliver, and consistency is what every subscriber wants. We want to manage expectations that can be achieved month in month out, without falling short of subscribers wishes. Having a target of 2-300 pips will keep everyone grounded and have a realistic idea of potential profits. Using the 200 pip guarantee should allow every subscriber to set their pip risk and reward accordingly to achieve their required return.
The team aim to send 3 emails a day. Morning ideas, afternoon update and evening summary. We will also aim to set up a social network account that can provide the relevant updates in real time and when needed. We believe communication is key when launching this service and now we are in master control we are able to offer continual daily updates.
We are still 100% behind Mike Pears and believe that this new service will help compliment Mikes shorter term scalping. The FXF method is aimed at longer term intra day trading. We do use fixed risk percentages over pips and again this is where the service differs.
We will also keep in communication with Mike, highlighting our entries to make sure we do not have contrasting opinions or trades running concurrently. Our aim is to provide every subscriber with a fantastic set of trade copiers that produce the minimum 400 pips a month (across 2 services).
We hope this helps give you an idea of the service we are launching and will be following this email up with further details.
The FXF Team”