i have been a member of forexdiamonds and its predecessors for over a year. Yes Felix is a master marketer but his service is good, in my opinion worth the money, and I have seen Felix improve as a trader during the last 12 months. The trades are live in real time and the results posted afterwards so this simply cant be faked. I run the same trading platform at the same time so I can attest to the prices being available when he says they are. If there is any dispute for instance members not getting the same prices on their platforms then he will err on the downside when reporting results and you cant get fairer than that. There have been some good examples of value added initiatives for instance getting in at a much reduced rate with Jimmy Young who I rate as one of the best traders I have come across. And NO I am not Felix!!
I experienced with a news software, [I]felix’s secret news weapon [/I]before. It is not bad but profane mouth on chatroom during news trading is that I had to aviod it because I do not want my child to read it if I still use this software. That is why I stop subscribing it.
You are quite right this was an issue when the service first started but has not been for at least 6 months or more. Not sure how Felix stopped it but the concentration is now on the trading where it should be
[QUOTE=enniocesar;20140]I’m actually currently a member of ‘Forex Diamonds’ The service that felix runs every day basically (except weekends…duh) I did not however sign up for the ‘secret news weapon’…which would cost me an extra 200 bucks since i’m a member of ‘Diamonds’ (normally cost 299/month just like ‘Diamonds’).
Well anyway…it’s been two weeks so far and I have made NO TRADES…they tell me that the summer…june,july and august is the slowest times for news trading…so just holdin on and hopefully sept. will pick it up. QUOTE]
You are right that news trading has been very poor recently. There have only been 7 or 8 trades returning a total of just over 2% since the start of August. If you are not able to trade the AUD and NZD releases then you would have made a loss since these are the best performing by far. All markets go through times like this of course but I wonder if we will again see days like 2004 when releases generally and frequently caused 100 pip moves - we can live in hope!
Hahaha…cant blame a trader for his language, except when “G” rated demographic is around lol.
Felix’s free alert service is pretty cool. I’ve been getting alerts from him for some time in my email. I don’t ever trade the news, but its always good to know what the market bias will be when the news is released. He gets very detailed in his descriptions as well, which is a positive sign. I’ve watched his videos on the SFS site and Grespi’s vids on his King Forex site. These dudes know their stuff… they’re scalpers though, which isn’t my particular flavor of trading. The SecretNewsWeapon seems to be a cool deal if you are a news trader, it is quite pricey though. Also someone stated earlier that they don’t do much tech work… which is true, so if you’re looking for detailed Elliott wave theory or Fibo levels etc., Felix cant help you.
As always I just watch and wait…
big waste of money- there more into their business marketing techniques… but if they can build any audience from what they do- more power to them. Learn how to trade, one day these guys will disappear.
yeah i’m not buyin their stuff, he isnt the only person that has the automatic news clicker thing either. i’ve found 3 others on google.
oh well, thanx for posting guys and gals!
There are some rumors that Felix may soon be starting a forex managed account.
ive been a member to all the SFS services for a while now, heres the low down -
- Diamonds, informative and slightly profitable, there are not very many signals though so some people might find it slow.
- Weapon, this is very useful if you have a broker which will fill your order at news times, this is getting more and more rare so you’ll make money only once in a while with this.
- King Forex, run by rob grespi, this service is not profitable, the results do not include spreads and commisions properly and they have hidden a number of really large losing trades lately, stay well clear, you will learn nothing about trading and lose money while doing it.
I don’t know about you but anyone who ever tells me that they have a secret weapon to beat the fundamentals cannot be trusted. In fact it is illegal to get fundamental news before anyone else.
The news comes out at the same time for everyone. I have used bloomberg and it came out at the same time as cnbc. The time the news come’s out is the same , maybe the quality and quantity may be different but it’s not delivered at different times otherwise those forex bastards guys would have been arrested by now.
I do not know anything else about their service so won’t judge that but all I know is that if anyone is claiming to have information before anyone else in the market, he is lying.
As for scalping the news. Good luck. Not even floor traders do that, but if you think that you are the new forex genious out there, well power to you.