Fxcomment signal service discussion

What damn luck I got!

I subscribed to their service jut this week, and almost all signals they called these 2 days are in loss (3 loss out of 4 signals):


And yeah, GBPJPY hit SL… almost 2k lost

Yes, GBP/JPY was a big loss. I have been using this service since May 1 and this is the biggest losing trade. This has not been a good week so far.

DAMN IT! and it happened right when I joined!!!

I have also not much hope on USDCHF, it will most probably hit SL too.

USDCHF is also going to hit SL…
Damn it! Horrible…

The time i posted that i was about -50 pips down (i opened abit later than the signal released)… if i also gained more pips than losing ones like you all, i definately would be relaxed but give me right to be pissed to lose -180 pips as my welcoming present. i just didnt expect this start from them based on all the complements around, and honestly
I didnt want to send negative energy.

Anyway i wish we all can recover back this the soonest possible.

Good luck all.

Hi guys,

New here, first post.

I signed up with the service based on what I read here. Not off to a good start. I paid and received the email receipt but nothing else. Went back to the site it looked like I was signed in, so I tried to edit profile but it doesn’t go anywhere. Tried to access the premium area it kept asking me to pay as if I had not done it. It will let me sign in but it is as if I am not signed in. The premium link took me to a page with huge 404 not found error message. Tried this with both Chrome and Firefox same thing. Sent support request through the website received nothing, no confirmation they even received my request.

I don’t understand. Is the website having problems? Can everyone else sign on except me? feel like I am wasting my money here because I am paying for everyday but I can’t access the service.

It’s been an hour of clicking on the site still it doesn’t let me access the premium area, doesn’t let me edit user profile, doesn’t let me do anything. it’s not a user friendly site at least. And there is zero customer service, an auto responder letting me know my inquiry is received would have been reassuring at least but I got nothing. And one more thing, there are ads everywhere, you have to be careful what to click.

I am very disappointed at this point. I had high hopes now I really wonder…

Nothing wrong with the website. I can access the Premium section without a problem.

Near the bottom of their homepage is a “Contact Us” link. I used that one time and got a reply shortly after. Are you using that link to contact them?

Thanks much I really appreciate the help. Getting lost here. Sent 2 requests already, been hours got no response whatsoever. This is the link I clicked and got the 404 not found error, all other premium links asked me to sign up and pay up, which I did already. (OK, the forum won’t let me post link yet so that’s removed so I could post this reply)

when I signed in there was a greeting says howdy “my username”, under that is the little person icon and edit profile, click on that then it’s the regular content page, no where to edit profile. Tried to click the premium icon with the lock next to it, both “recommendations” and “hot charts” would ask me to sign up, again and again.

While I am waiting to get access to the site I looked at a few trades and I wonder how good the service really is. I am relatively new to trading but I could read a chart. How in the world could anyone give a buy signal on the latest GBPJPY? As you can see in the chart (hope the forum will let me upload it). I can see the buy was entered after a break out. But price is almost at resistance (the upper band of TMA) Stoch shows extremely over bought. If anything there was a possible short coming up which turned out to be a killer short of over 700 pips and still going. I am new and insecure about going live so I thought perhaps I get a professional service to compare notes with. But this trade was a mystery to me. The red star is an indicator giving a strong sell signal. I put a red arrow under the break out line to show where the buy trade was entered according to the signal. I know it’s easy to look back but I wonder what was the reason to enter buy near or at resistance, and when the pair was already extremely overbought as shown by stoch.



Update:

OK I just got the confirmation email from fxcomment. Will give them 30 days to see how it works. I hope it will be a good run. If I see a questionable signal I will skip it, but if I agree with a signal it will give me that much more confidence. Thanks guys for sharing your success with the rest of us.

I feel much better now. Quote from their email to me:

Dear Mr/Mrs,

First of all, we would like to thank you for joining our community.

Second, yes we have checked and there was a little problem in the login area and it was resolved.

Third, you can try now and it will work for sure: Try from here: https://www.fxcomment.com/wp-login.php

Fourth, we have extended the period for subscription becasue we are already in the market with four positions and your subscription starts from Monday 06.

Their last performance looks good, bur this week performance was just terrible for me, and I’m somehow disappointed.

I had also decided to give them chance for a month but I would think twice and double check on their new signals.

And we finished the week with a ridiculous move from the signal provider.
Closing 4 running trades, and right after closing them US dollar jumps up, and since all the 4 positions were against USD, if we had kept them we could earn 150+ pips per trade, means total of 600+ pips.

And the reason of closing them as stated by the signal provider was, we are keeping them so long and better we close them now… To me it looks so silly to provide such reasons for closing/opening trades while you technically and fundamentally analyse the market and trends!

To Koko53, you can be happy as you believe you earned enough from them, but allow me to not be happy as I lost cause of following them in my first week, and I should share my experience here to everyone. We shouldn’t always say only good things we should also highlight negative points as well.

I may also express positive things from them if I see any in future. Hopefully there will be +ve things to highlight.

As of now, I don’t recommend fxcomment because of terrible moves during this week.

jamshidz

Of course, we should share all points, but for me consolidating in performance after big profits in the previous period is normal.

Second again your choices of words arent suitable …again, you are too aggressive for a loss of 100 or 150 pips seems to be unreasonable.

I dont know if you tried signals providers before joining fxcomment or not, but if you tried you ll know the difference.

For reasons, they stated you didnt mention the right message , the provider said he want to protect the capitals from strong fluctuation… I dont know from where you took " keeping so long" expression. He said he want to avoid sharp actions ahead of NFP

Awful, terrible, negative, silly … Still for me, inappropriate with 1 week experience with a small amount of pips lost.

And I m not " the provider" bro I m a follower like you and I dont defend them. I just want to be fair and also I advise you to be calm again without such continuous attacking after 5 days of trading with any service fcomment or what so ever. This is my point herein.

Hope in the future you make a huge profit brother.

Hi
My first post here.Just by checking the past results of fxcomment( if all the results are true? it is quite clear that you should be prepared for drawdowns in the region of 750 pips.Past results are no guarantee that the drawdowns could even get higher.Just my 2cents worth.

If you follow their risk management plan your DD will be relatively low below 10%. You can adjust that based on your risk tolerance level.

Today there was two signals, closed manually with 117 + 58 pips.

This almost covered the last week -177pips trade.

This is my second week with them. will see if I will renew at the end of the month.