Echo FX Blog: Today - A quick glance

Tuesday, September 23, 2008

Today - A quick glance

It isn't expected to be an especially volatile day today. We have one major economic report coming out today - U.S. Existing Home Sales at 10:00am EST. The market has pretty well priced in a bad number so the risk really is that a stronger than expected number comes out. However if that were to happen it would strengthen the dollar and help with some of the drawdown trades we are in. Other than watching to see what happens with that report we expect it to be a quiet day (at least we hope).

Echo FX Forex Managed Account - New Reader Orientation

Welcome to the Echo FX Trade Blog. In this forum you will find a day-by-day analysis of our trading activities. You will find commentary on the market and how it may affect our system. We will post important instructions for potential clients and actual clients alike. And we will post monthly and quarterly performance reports. While we do not disclose the exact trading rules we follow we do include posts that orient you on our strategies, our philosophies, and the risk involved in Forex trading and Forex Managed Accounts.

- Risk Disclosure
- Past/Hypothetical Performance Notice
- What is a Forex Trading System?
- How a Managed Forex Account works
- Three Unique Trading Options
- Echo FX Home Page
- Learn How to Trade Forex

JOIN US AT OUR NEXT WEEKLY WEBINAR

Steps to Trading Your Money Live

1) Watch the Managed Account Intro and Trading System Overview Video.
2) Review the Backtest Performance.
- Medium Risk Program
- Medium-High Risk Program
- High Risk Program
3) Attend an Echo FX Webinar to learn more about the Program and have your questions answered.
3) Choose the Trading Program right for you.
4) Download, carefully read, understand, and sign the 'Echo FX Risk Disclosure and Managed Account Agreement'. Email a signed copy to your Echo FX representative.
5) Open an account at one of our approved brokers
6) Fund your Forex account with the minimum required by your chosen Trading Program.
7) Notify your Echo FX representative once you receive confirmation from the broker that your account is setup, funded, and approved to be traded.

*For additional questions contact your Echo FX representative or email us at info@echocurrency.com

Quick Links:
i) Echo FX Risk Disclosure and Managed Account Agreement
ii) MIG Online Application

Risk Warning! Trading foreign exchange includes the use of margin and carries with it a high Initial level of risk which may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose nor should you ever invest borrowed funds. You should be aware of all the risks associated with foreign exchange trading, and seek advice from independent financial, tax and legal advisors if you have any doubts.

CTFC Rule 4.41 - Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under- or over- compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

U.S. Government Required Disclosure: Commodity Futures Trading Commission, Forex, Initial Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to participate in the foreign currency markets. Don't trade with money you cant afford to lose. This is not a solicitation nor an offer to Buy/Sell futures or options. WE DO NOT TRADE FUTURES OR OPTIONS. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed. The past performance of any trading system or methodology is not necessarily indicative of future results.

Agreement - The information contained in this site has been compiled in good faith, and in using it, the user agrees that the author and any other entities associated with this site shall not be liable for any direct, indirect, consequential loss arising from this usage, or the use of information and material on the Internet via web links from this site including, but not limited to errors, omissions, defects, interruptions, delays in operation, or transmission, computer viruses, or line failure, to the maximum extent permitted by law.

Tuesday, September 23, 2008

Today - A quick glance

Echo FX Forex Managed Account - New Reader Orientation

Steps to Trading Your Money Live

Blog Archive

Performance Reports