Hi all,
I’m back after long journey in Sabah, Malaysia. Too many things to be reported - my journey, our performance, our membership, etc. But let me talk about our signal performance for June 2008. We have another 1 week for June 2008. We still need around 400 pips to achieve our target, 1000 pips a month.
Accumulated Pips
Overall, our accumulated pips increased from 10,054 pips to 11,174 pips this week. Not so many this week as the movement of all pairs getting slow and uncertain, maybe due to the pressure from the global food and oil crisis. Even though we are not to trade during NFP, we have observed that lately, NFP also not so encouraging. With the movement just around 70 pips compare to 150 - 300 pips before.
By the way, we at FK-Forextreme collecting 636 pips to date. Some of our members may getting more or less, depending on their strategies. One of our members told us that he can only manage to get 450 pips because he close his trade without waiting the TP. Well, it is up to you. Here are the performance chart so far…

The third week of June really help us with 834 pips collected. There still about 250 pips floating and almost hit our TP. We are hoping it will hit the TP next week.
Pair Performance
By pair, we are observing few things as the chart below :






From the above, we believe you can see which pair perform well so far. Even though the past performance do not show the future, but the above performance chart can be used as a guide. Our newcomer, AUDUSD continue to perform well this month. EURCHF also showing good performance for June 2008.
Membership
Thanks to all of your support. To date, we have almost 500 free membership and more than 40 paid members. The figure has increase everyday with an average 20 members everyday.
New Pair
To date we are not going to add more pair. Six pairs to date is enough for us to get 1000 pips a month, as our target. But for those looking for more free signal from us, you can get from carigold.com where Naztreo is giving his own consultancy on some pairs. Unfortunately, carigold.com is in Malay. Wait….do not dissapointed, those speak in English may get similar too at talkgold.com. Pipsrider will open new thread at talkgold.com very soon. Wait for it…..
Forex Classes
As announced in some of the forum, we are going to conduct our first class. Our class however more on the basic forex. Even though basic, we are going to give you some tips, especially tips in Elliot Wave which most of the traders do not aware. we are not going to disclose FK-Forextreme technique in this class, however, we are going to disclose part of the tips which is very important for all of you. As our technique based on Elliot Wave, Chart Pattern and Candlestick, do not miss the opportunity to learn more about these three basics. Most of the Elliot Wave traders only know how to calculate wave, but there are some secret they should know about Elliot Wave. Furthermore, Pipsrider will disclose his own technique called SMAP (Salleh MAP) which never been disclosed before. The SMAP is one of the technique to see the long term market. We will announce later when we are gong to conduct this class.