Official numbers and results will be posted Monday or Tuesday with some lengthly explanations of what happend and what we are doing on our side.

With that said,  it unfortunately looks like the EUR USD PAMM is down about 15% for July and the USD PAMM is down almost 20% for July.

I know this will come as a surprise or even shock to many but what is going on in the economy now is almost unprecedented.  We will have lots more to report this coming week on our explanations as well as ways we have found to counter and take advantage of these new market conditions.

If you have been both watching the new and or currency markets you will know that things have been pretty crazy lately with the USD Index reaching new lows with the EUR/USD and other currency pairs also set records highs.

The pull EUR back from the  recent highs has not worked in our favor in the latter part and end of this week.

Now to get really technical and with some detailed explanations of what is going on with our specific trading systems and how it is reacting to these market conditions as we recap this week.

As the Euro hit new highs earlier this week, our trading accounts hit new highs as well.  But those new highs and excitement seem to be quickly dampend as the week progressed and worsened even today.  I'm not sure exactly what the full story is yet but I know client accounts have all experienced a moderate draw down as of now with the Euro pulling back quickly and jumping around so much.

Our traders and system  developers here are working hard and fast to decipher what has and is happening currently.  It also seems some USD/CHF hedge positions did not kick in and FXCM is looking into correcting this as well.

After being up as much as 8% for the month, needless to say it is  a little disappointing that we will likely be posting a loss for this month since we only have 2 trading days left in the month in which to use for a come back.

No worries, we are still up for the year and we honestly believe we still have one of the best if not THE best automated trading system out there.    

We'll be posting more news and information as soon as we have it.  So keep watching here throughout the weekend.

We are now in a position to offer segregated accounts through through FXCM UK  to clients who wish to deposit $200,000 or more.

As you can read directly on the FXCM UK website.

 http://www.fxcm.co.uk/open-an-account.jsp

Accounts with Forex Capital Markets, LTD (FXCM UK) are fully segregated in accordance with UK financial regulations. The Financial Services Authority (FSA), one of the world's most respected financial regulatory bodies, administers these regulations. In the unlikely event of FXCM UK's bankruptcy, clients of FXCM UK would be considered secured creditors and receive priority in bankruptcy proceedings.

If this is something you are interested as a client, please Contact Us using the Contact Us button above to inquire for special account opening procedures.

As many of you know,  getting our trading systems working and automated with the Swiss brokerage firm Dukascopy has been some what challenging.  After they changed their API completely  last year and our Robot interface no longer worked,  they agreed to trade accounts manually for us while alternative solutions were being pursued.

With no adequate solutions  in place by May, we were forced to notify our Dukasopy clients that Dukasopy is no longer providing a service to manual trade accounts.  Without an automated solution in place yet we are forced to discontinue trading at Dukascopy for now.  We have other solutions with Dukascopy in the works but it will likely be at least 6 months or more before  they are complete if they even come to completion.

If and when we do have a Dukascopy trading solution again we will be posting news of it here on our website again.  For now FXCM will be our main and only FX Brokerage Firm we'll be working with.

Though we have been quiet on our web page for a while, there has been lots going on behind the scenes here.

Here are some additional items worth mentioning....

I know it has been over a month since the last time we posted a news item here but there really has not been too much to report.  The past 2 months, May and June have just really been pretty choppy and flat months with no clear direction long enough for significant gains to be made.

If you have opened up an account with us 2 months ago I know you're wondering if you'll ever make money.  But I assure you these flat times will not last forever.  If you've opened an account with us last in the last 3-7 months you're sitting on as much as 80% profits in some cases.  These people, knowing that there will be draw downs are looking at the last 2 months and being happy seeing such low draw downs and may be looking at putting more into their accounts.

As a matter of fact, our lead strategy developers here has been waiting for such a time like this so he can add more funds to his trading account.

1) April Results 13-20%
It is hard not to get excited when we see another month when the equity takes off and does not look back. Intra month draw downs seemed to be less than 3% while the end of the month upside was an incredible 20% in some cases. With six months of solid history behind our most recent evolution of the C25 trading systems, our current performance numbers appear as this below.