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I remember an old hyip that turn to scam already that has this kind of admin. Very communicative. In fact that particular hyip has its own forums and theirs also a meeting once a week if I'm not mistaken. You can hear his voice. Talk to him. Etc. Its really a great hyip site. The only problem is when it hit a maintenance problem. Every one panic and cashout. That what kills it.

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ExoticFX Admin's News Letter Update April 28, 2011 9:13 PM GMT + 8 (Thursday)

New additions at EFX Trade School - The exotic Trend Trader

 

The latest addition to The Exotic Trend Trader is available online in your Forex Trade School Account.

 

You may view the latest issue in the Archives section and login by clicking here.

 

ExoticFx Just profits

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ExoticFX Admin's News Letter Update April 28, 2011 11:50 PM GMT + 8 (Thrursday)

ExoticFX Q & A - LIVE in our Traders Society Chat - Live Meeting with the ExoticFX Admin

 

Hope you all have and are having a Fantastic Easter Holiday weekend for those of you that celebrate it. This 4 day weekend provided a much needed break for our traders and the Dantex/EFX staff.

 

We would like to announce that we are going to hold Two (2) Admin Introduction meetings.

 

One on April 29th from 12:30 AM until 1:30 AM GMT ...

and another on April 29th from 2:00 PM GMT until 3 PM GMT.

 

This meeting will be an opportunity for you to meet me and ask questions regarding ExoticFX and the FTA programs.

 

Our chat room only has 50 seats at this time. With all that we have going for us at EFX and the growth we are experiencing, we expect to have a full house.

 

In order to obtain a seat at this meeting we are having a contest of sorts. Here is how it works.

 

Submit your questions (up to 3 maximum) to our email at forum@exoticfx.net . Put Meeting Questions and the meeting time you want to attend as the subject line. In other words, your subject line will be either Meeting Questions 29 April, 12:30AM or Meeting Questions 29 Apr, 2:00PM.

 

Applicants will be randomly drawn and not based on actual questions, although questions should be specific to the programs.

 

For each meeting, 45 applicants will be notified via email with a link and password for the meeting.

 

All submissions should be received no later than 11:59 PM GMT on April 28th.

 

Enjoy, and hope to see you there.

 

Charles Martinsen

ExoticFX Admin

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Well,it looks like exoticfx is building a company here,now it's a meeting,wow,this program just keep soaring higher,i think this is one of the best hyip online today,but has anyone been admitted to the meeting yet?i mean has any receive the password?i like to know,

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ExoticFX Admin's News Letter Update April 29, 2011 8:57 PM GMT + 8 (Friday)

ime Correction - Live Meeting with the ExoticFX Admin

 

We would like to announce that we are going to hold Two (2) Admin Introduction meetings.

 

One on April 29th from 00:30 until 01:30 GMT ...

and another on April 29th from 14:00 GMT until 15:00 GMT.

 

This meeting will be an opportunity for you to meet me and ask questions regarding ExoticFX and the FTA programs.

 

Our chat room only has 50 seats at this time. With all that we have going for us at EFX and the growth we are experiencing, we expect to have a full house.

 

Enjoy, and hope to see you there.

 

Charles Martinsen

ExoticFX Admin

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Went to the meeting with the Admin and it was so exciting -- and I am not the only excited one, believe me!!!

 

Another scheduled open meeting (no password necessary) with the Admin: April 29th from 14:00 GMT until 15:00 GMT (EDT 10:00 AM - 11:00 AM)

 

http://exoticfx.chat.123flashchat.com/ -- choose the 2nd room available, the EFX Traders Society.

 

He also stopped to chat after the meeting and let us know that he's going to be stopping by each day --

these are probably the times you can catch him in the Traders Society 00:00 GMT until 04:00 GMT & 18:00 GMT til 22:00 GMT daily

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ExoticFX Admin's News Letter Update April 31, 2011 8:45 PM GMT + 8 (Sunday)

Meeting, Quick Start, and Other News

 

There is lots of news to relate to you today!

 

Next Live Meeting

 

Our next meeting will be Tuesday, May 3rd from 02:00 GMT to 03:00 GMT (thats 10 PM to 11 PM EDT on Monday, May 2nd) in the Traders Society Chat Room. For assistance with time conversion, click here.

 

This is an open meeting, so please feel free to invite a guest or two.

 

I personally thoroughly enjoy the opportunity to directly interact with you and look forward to meeting more of you.

 

We would very much appreciate it if those that attended prior meetings would provide us with feedback of the experience on our blog. Your feedback will allow us to fine tune the meeting process. Thank you to those who have already commented. We listen to you!

New Live Support

 

The New Live Support is provided 24/7 like the Support Room. If you have a problem or question, you can find Live Support by clicking on the Live Chat photo located in the upper right hand corner on each page in the ExoticFX.net and EFX Forex Trader Apprenticeship Program websites.

New Basics Videos are being loaded today

 

These videos are designed for the newest of new forex participants and investigators. They are easy, slow, repetitive videos designed to provide the first level forex experience.

 

Continue to read the manual, watch the videos, set-up your demo account and practice as we develop the next phase of this pre-release and continue to work on the Ultimate Forex Trading Platform.

The Quick Start Tutorial is coming next week

 

Here are the highlights:

 

* Youll learn how to predict signals days before they occur with 100% reliability.

* Youll be given the secret that will allow you to enter the market at the perfect time, and learn how to exit it at the right moment in order to maximize your profits.

* Youll discover how to manage your account so that you can reach financial freedom within one year.

* Youll have access to live Trade Examples + Video Courses we created for you to get to the point as fast as possible and to start trading the ExoticFX Forex Trading Methods quickly.

* Youll be given the Never-Before-Explained errors that make 95% of traders fail and how you can avoid them.

* Youll get access to quiz and exercise sections we created, for you to exercise yourself and understand perfectly the ExoticFX Forex Trading Methods.

* You will learn the right way to forecast: reversal, breakout and bounces off of the market.

* We wont bore you with extra useless fluff youll only have concrete, clear, precise information for you to Trade-Like-a-Pro in no time!

* Youll have the opportunity to learn how to use Pin Bars that give you amazingly strong signals so that you can make at least 80 -100 pips on each trade.

* Well teach you the forgotten moving average strategy nobody knows about and which is responsible for 50% of our profits each month.

 

The ExoticFX Forex Trading Methods Quick Start tutorial will enable you the opportunity to immediately begin utilizing some of the techniques we will be teaching in the Forex Trade School.

 

No matter if you are a Forex newbie or a veteran, you dont need any previous experience in Forex to make shocking amounts of money with the ExoticFX Forex Trading Methods.

 

However, it does take time to develop a Traders discipline. During this interim, ExoticFX.net is a great place to earn a very good return on your investment and you can get started with as little as $10.00. That is one reason it is here: To fill the void.

 

There is not one program on the same level as ExoticFX. We have told you from the start

 

We Will Be the Number ONE Program of ALL Time!!!

 

All you need to do is LOOK at the Evidence, Evaluate the Current Market Conditions, Analyze the Overall environment, and Make the Safest and Most Profitable Play the Market allows and the result will be

 

Just Profits! ExoticFX.net

 

Charles MartinsenExoticFX Admin

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Admin is now getting this hyip into something else,he's developing this program to a tutorial site for forex newbies,and like i normally say about this hyip,even if it's gone,that it will neva be forgotten in a hurry

I have seen many hyip that offer tutorial before and some also has forums and chat room. But all of those site turn to scam too. So for me I'm not impress at all. but since this is the only site this site this year that has an admin that has this kind of dedication. I'm sure this site will last two to three years.

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ExoticFX Admin's News Letter Update May 02, 2011 4:48 PM GMT + 8 (Monday)

Serious Issues We Need To Discuss

 

First, we are constantly asked for a shorter term program. We have a solutionread on.

 

Second, we want to create a program that merges the best of HYIP and the Best of Forex and provide for you something that will truly change your lives. Something you can actually depend on. We want to provide you a program that not only fills your pocketbooks, but provides for an overall richer life and lifestyle. We feel that the answer lies in our Forex Trade School and FTA Programs. Many of you are not yet registered with our Forex Trade School and FTA program pre-release. What you are failing to understand is the long term potential of the affiliate marketing side of this program whether you want to trade forex or not. So we want you to join the FTA program for your own sake. We have a solutionread on.

 

Third, As we have described from our very beginning, we prefer to participate in safe, steady, longer term trades as opposed to just day trading. Dont get me wrong, day trading can be very lucrative, but you cant hang your hat on it day in and day out. In order to provide stability to a traders portfolio, or any portfolio, you need a diversification of strategies. We must participate in Short, Medium and Long term trades. Various other entities are smart to include such as ETFs and Precious Metals etc. So, we have a solutionread on.

 

We Are Introducing Two New Plans That Contain The Solutions

First, these are for Forex Trade School/FTA Members Only!

(Solution to our second issue).

 

The FTA.01 plan will run for one week (5 business days), pay 6% Interest and return your principal and interest upon expiration for a total return in 5 days of 106%.

(Solution to our first issue)

 

The FTA.10 plan will run for ten weeks (50 business days) and pay a Variable Interest rate of 2.5% to 5.0% Interest per day based on our actual overall performance and return your principal and Interest upon expiration. This will translate into a minimum of 225% up to 350% total return.

(Solution to our third issue)

 

These Plans will be available for your participation in the next few hours provided you are both an FTA and EFX member.

If you Truly want to Enhance your Financial Portfolio, Rise Above the Hit and Miss Investment Strategies provided by 99% of the HYIP and Online Investments Worlds and Take Control of Your Own Destiny, then you need to be a part of the FTA program and position yourself to learn to Trade Forex or at that very least Benefit through the FTA and EFX Affiliate Programs from those that will.

 

You have tried everything else Why Not Give Success a Try?

 

all that is left is your own Procrastination!

 

Heres to your Success!

 

ExoticFX Just Profits!

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ExoticFX Admin's News Letter Update May 02, 2011 3:24 PM GMT + 8 (Monday)

The Two New Investment Plans are Live at ExoticFX

 

First, these are for Forex Trade School/FTAMembers Only!

 

TheFTA.01 plan will run for one week (5 business days), pay 6% Interestand return your principal and interest upon expiration for a total return in 5days of 106%.

 

TheFTA.10 plan will run for ten weeks (50 business days) and pay a VariableInterest rate of 2.5% to 5.0% Interest per day based on our actual overallperformance and return your principal and Interest upon expiration. Thiswill translate into a minimum of 225% up to 350% total return.

 

It is FREE to register for the Forex Trade School and become an FTAMember.

 

 

 

ExoticFX Just Profits!

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ExoticFX Admin's News Letter Update May 03, 2011 12:03 PM GMT + 8 (Tuesday)

Meeting Today - There will be a meeting today just check out the hours below and read

 

 

Next Live Meeting

 

Our next meeting will be Tuesday, May 3rd from 02:00 GMT to 03:00 GMT (thats 10 PM to 11 PM EDT on Monday, May 2nd) in the Traders Society Chat Room. For assistance with time conversion, click here.

 

This is an open meeting, so please feel free to invite a guest or two.

 

I personally thoroughly enjoy the opportunity to directly interact with you and look forward to meeting more of you.

 

We would very much appreciate it if those that attended prior meetings would provide us with feedback of the experience on our blog. Your feedback will allow us to fine tune the meeting process. Thank you to those who have already commented. We listen to you!

 

ExoticFX Just Profits!

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another fast update from the program regarding FTA new plans !

 

What Have We Been Telling You?

 

Some Listen and Some Dont / Some Will and Some Wont!

 

This seems to be true in every endeavor any of us engage in no matter what the benefit and it certainly wasnt any different here... UNTIL NOW!

 

It is like someone Broke the Damn and the Flood Arrived!

 

Over the course of this last weekend we have had more site activity, more joining members and more interest than in at any other time in our history.

 

Perhaps it has something to do with the Announcement of TWO NEW FTA Member Only Plans that were launched earlier today!

 

Perhaps it has something to do with the Release of the FTA Program Advancement information that was posted on our Announcement and Newsletter pages on both sites!

 

Perhaps it has something to do with the News of the Forthcoming EFX Quick Start program!

 

Perhaps it is finally dawning on the majority of ecurrency participants that ExoticFX is exactly what they want and exactly what they need.

 

Perhaps it has something to do with the fact ExoticFX is the ONLY program online that has taken such a proactive approach to assisting its members in obtaining their personal goals by providing them with the necessary tools and information to obtain them.

 

Whatever the reason, we are glad so many of you have seen the light and are making your way to ExoticFX. We are destined to become the number one program online and a Super Force to be reckoned with regarding Affiliate Marketing commission opportunities as well as a FOREX Education and Training Leader.

New Investment Plans

 

You will notice two new investment plans in the ExoticFX.net membership area. These are for FTA Members only. The FTA Program is FREE to join and can be reviewed by clicking here.

 

These Two New Plans will allow those involved to acquire a higher percentage of our profits on days we have advantageous trades.

 

These plans are designed to provide those members participating in the Forex Trade School the ability to Earn While They Learn.

FTA Advancement Chart

 

The FTA Advancement chart as well as its explanation is now posted on both the FTA Announcement page and ExoticFX Newsletter page at our sites.

 

You Need To Read This as it outlines the FTA Opportunity for the Beginner, Professional and Mentor Rewards of the FTA Program. It defines your advancement requirements as well as the Funded account levels.

EFX Quick Start and Basics News

 

A new Basics video has been loaded on the FTA Forex Trade School Courses page.

 

The EFX Quick Start Program should be ready for your review and study over the course of the next few days. You are going to be amazed at the simplicity of this training course and the rewards it provides in only 10 Minutes per day required Trading Time.

 

It is time for you to Take Control and become the Master of YOUR OWN Destiny!

 

We are providing you with the FREE Tools to do so.

 

They say Opportunity Only Knocks Once

but in this Case ... it is actually Beating Down Your Door!

Dont you think it is time to Simply Answer?

 

The Only Thing Standing in your way

Is Your Own Procrastination

 

Its Your Turn!

 

ExoticFX Just Profits!

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I think I've been to every meeting -- if you want info on the FTA or about EFX you will get an answer right from the Admin! I'm going to the next one too -- only a few short hours from now!!!!!

 

Our next meeting will be Tuesday, May 3rd from 02:00 GMT to 03:00 GMT (thats 10 PM to 11 PM EDT on Monday, May 2nd) in the Traders Society Chat Room. http://exoticfx.chat.123flashchat.com/

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ExoticFX Admin's News Letter Update May 03, 2011 10:29 PM GMT + 8 (Tuesday)

What Have We Been Telling You?

 

Some Listen and Some Dont / Some Will and Some Wont!

 

This seems to be true in every endeavor any of us engage in no matter what the benefit and it certainly wasnt any different here... UNTIL NOW!

 

It is like someone Broke the Damn and the Flood Arrived!

 

Over the course of this last weekend we have had more site activity, more joining members and more interest than in at any other time in our history.

 

Perhaps it has something to do with the Announcement of TWO NEW FTA Member Only Plans that were launched earlier today!

 

Perhaps it has something to do with the Release of the FTA Program Advancement information that was posted on our Announcement and Newsletter pages on both sites!

 

Perhaps it has something to do with the News of the Forthcoming EFX Quick Start program!

 

Perhaps it is finally dawning on the majority of ecurrency participants that ExoticFX is exactly what they want and exactly what they need.

 

Perhaps it has something to do with the fact ExoticFX is the ONLY program online that has taken such a proactive approach to assisting its members in obtaining their personal goals by providing them with the necessary tools and information to obtain them.

 

Whatever the reason, we are glad so many of you have seen the light and are making your way to ExoticFX. We are destined to become the number one program online and a Super Force to be reckoned with regarding Affiliate Marketing commission opportunities as well as a FOREX Education and Training Leader.

New Investment Plans

 

You will notice two new investment plans in the ExoticFX.net membership area. These are for FTA Members only. The FTA Program is FREE to join and can be reviewed by clicking here.

 

These Two New Plans will allow those involved to acquire a higher percentage of our profits on days we have advantageous trades.

 

These plans are designed to provide those members participating in the Forex Trade School the ability to Earn While They Learn.

FTA Advancement Chart

 

The FTA Advancement chart as well as its explanation is now posted on both the FTA Announcement page and ExoticFX Newsletter page at our sites.

 

You Need To Read This as it outlines the FTA Opportunity for the Beginner, Professional and Mentor Rewards of the FTA Program. It defines your advancement requirements as well as the Funded account levels.

EFX Quick Start and Basics News

 

A new Basics video has been loaded on the FTA Forex Trade School Courses page.

 

The EFX Quick Start Program should be ready for your review and study over the course of the next few days. You are going to be amazed at the simplicity of this training course and the rewards it provides in only 10 Minutes per day required Trading Time.

 

It is time for you to Take Control and become the Master of YOUR OWN Destiny!

 

We are providing you with the FREE Tools to do so.

 

They say Opportunity Only Knocks Once

but in this Case ... it is actually Beating Down Your Door!

Dont you think it is time to Simply Answer?

 

The Only Thing Standing in your way

Is Your Own Procrastination

 

Its Your Turn!

 

ExoticFX Just Profits!

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ExoticFX Admin's News Letter Update May 04, 2011 9:39 PM GMT + 8 (Wednesday)

Forex Apprenticeship Requirements

 

Meeting

 

Our Meeting went well last night. Although we didnt fill the room, those that were there provided for some very good questions and all in all we consider it a success. We will be holding another Meeting later this week and will announce it once it has been scheduled. Although we could give more advance notice, the short notice advisement allows us to determine who is paying attention and who is willing to contribute. This assists us in determining those that will be First-Phase FTA invitees.

 

Last nights meeting will be posted in the Blog soon.

New forum category

 

We have added a new category to the EFX Forum. This is specifically designed for those interested in the Forex Trade School and FTA programs. We would like to invite everyone that has interest in the FTA program to register at our EFX Forum and participate in the new category. First, we would like to just have you make an introduction there. We will begin to create sub-categories as the need arises and various topics develop.

New video

 

There is a new Basics Video in your FTA account. The quick start program is still being properly compiled and will surely be uploaded this week. We will advise when this has been done and is ready for your review.

FTA Invitations

 

Many questions have been asked regarding the upcoming FTA program. Perhaps we have been vague regarding the term invitational. That was by design. We havent addressed this issue because we wanted to determine who was interested enough to inquire.

 

Allow me to provide some insight as to how this will progress and who will be among the First-Phase invitees. The invitations will be sent out in phases based on our ability to handle the load. Therefore, those that desire to be among the first phases should be properly prepared.

 

You will know this program is about to be released when the Trading Room is launched and has been properly tested. This is only a couple of months away.

 

When we send out invitations we will be looking for several traits.

 

First and foremost we will be looking for those that show the ability to dedicate themselves to the program. We need those that are determined to become Professional Traders and have the desire to become Mentors. Our ability to produce successful mentors is key to rapid mainstream deployment of the program, so you can certainly ascertain that our desire and focus will be to do exactly that.

 

In order to determine dedication, several factors will be reviewed:

Participation and Dedication

 

* Are you a registered member of the Forex Trade School and have you watched all the videos, read the material, and are you practicing via a demo or live account using the strategies we have and will supply?

 

* Are you registered and interactive in our forum? Do you regularly ask questions and provide feedback to others? Do you present your knowledge to others at the forum and assist them in understanding, thereby showcasing your mentoring talents?

 

* Do you regularly attend our meetings and ask questions and provide feedback during the meeting? Before the meeting? After the meeting?

 

* Are you registered and interactive at the ExoticFX Blog? Do you regularly provide feedback, ask questions, and reply to others to again showcase your enthusiasm, dedication and level of understanding?

 

Time Management

 

* Are you available and do you have the time to dedicate to the training?

 

* Do you have the financial wherewithal to carry yourself to a successful level?

 

This is not to say we wont have part-time participants because we most certainly will. However, during the very first couple of phases we will be looking for those that are financially sound enough to ensure course completion. Again, we need those that have the desire to become Mentors and we need them sooner than later in order to mainstream the program. Not to worry here, there are several ExoticFX Top Traders that have expressed an interest and we can see that they will have a superior income stream from EFX alone. We also have applicants from Veteran Forex Traders we have solicited from other markets. So we know we will have the Mentors for those of you that come into the program in later phases and you will very likely be interacting with some of the these members.

Marketing Strategies

 

* Do you have affiliates in the FTA and EFX programs? Have you demonstrated your ability to attract others and build your position for future mentoring?

 

Mentors will earn excessive commissions from those they mentor in the FTA program, EFX participants, Trade School Students, Trade Room Students, Newsletter subscriptions, Trade Recommend subscriptions, Trading Tools and Tips sales, E-book sales, Spread Fee charges and much more.

 

The Affiliate Marketing potential of the FTA programs can be as lucrative as your trading accounts. You DO NOT want to underestimate this. Position yourselves now, even though many that you will attract at this point may not be candidates for the FTA program they will lead to others. You need to accumulate as large a following as possible whether they are interested or not.

 

Remember, this is all Pre-release stage.

 

Now is the time to prepare and position. Like any ground floor opportunity, the better fortified your base is, the stronger the overall structure and the higher the profit outcome will be. Those that heed these words will be the leaders in this program in the future.

 

It isnt going to happen overnight, but we promise you it will happen.

 

Welcome to ExoticFX

 

Just Profits

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ExoticFX Admin's News Letter Update MAy 05, 2011 7:26 PM GMT + 8 (Thursday)

Quick Start Program READY + Added Bonus!!!

 

 

The ExoticFX Quick Start Program is READY!

 

You may access it from within your FTA Account.

ExoticFX Quick Start Program Features:

 

1. Two innovative forex trading strategies that can identify huge currency moves up to 24 hours in advance: Quick Start Breakout Method and Longer-Term Swing Method

2. The two strategies use Only Two Indicators: Price and Standard Moving Average

3. Getting Started in Forex, Setting up a Demo Account and Learning the Charting Software

4. Quick Start Breakout Method (Video Tutorial) Targets 100 -200 pips per trade in 8 different markets, uses a fixed reward-risk return of 2-to-1 and trades normally last 2 -4 days

5. Swing Method (Video Tutorial): Targets 200 400 pips per trade, with a flexible reward-risk return of 2-to-1 or better and trades normally last 3 -7 days

6. What to Avoid

7. Learn Trailing Stops that are actually profitable

8. Recommended Forex Brokers

9. How to use Support and Resistance efficiently

10. Learn how to Manage Your Money in your account and minimize loss

 

Benefits of 10 Minute Forex Wealth Builder:

 

1. You only need 10 minutes a day to execute.

2. Your account will grow as much as 30% a month with very limited risk.

3. Forex beginners can easily apply the methods and earn money quickly.

 

Average Winning Trades is 70%.

 

Using both Breakout and Swing Systems and following 8 to 10 currency pairs, you will get around 2 to 3 trades a week.

 

This Fantastic program will teach you EXACTLY how to trade forex with only 10 Minutes per day!

Quick Start Bonus Opportunity

 

In an effort to get you even more motivated we are offering a 10% Deposit Bonus for those of you that Register as FTA members and begin the Quick Start Program.

 

You may register for the FTA program by going to www.ExoticFX.org

 

This deposit bonus applies to Liberty Reserve deposits only.

 

Deposit Bonuses will be applied manually as this is a limited time offer.

 

We want you to realize that You Can Control Your Own Destiny and Take Charge Of Your Financial Future.

 

Get started today and we can help you to do just that.

 

Welcome to the Exotic Side of Forex

 

ExoticFX Just Profits!

 

*Note* Recently the Liberty Reserve API has malfunctioned and we have been un-successful to enlist LRs assistance in correcting the error which is on their end. The API Malfunction caused the double payment of withdraws to numerous members. This reduced our reserve funds below the level we prefer to maintain. We are now faced with two choices

 

1) Close a few trades and wire transfer the funds to purchase Liberty Reserve... or

 

2) Offer this opportunity to our members for their benefit.

 

By allowing our trades to remain intact and properly mature, we will benefit as this cost will exceed 10%. So this is a win-win for us.

 

Since we have ample time to do both, we felt you would appreciate the opportunity to increase your profits.

 

This way FTA members get a Quick Start in more ways than one!

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ExoticFX Admin's News Letter Update May 05, 2011 4:24 PM GMT + 8 (Thursday)

Todays Market Correction Breathed Life into the Defensive Currencies

 

EXOTIC TREND TRADER >> Issue #190>> 05.04.11

 

Dear Exotic Trend Trader Subscriber:

 

USD/JPY just got stopped out by a hair. The corrections in the stock market and the commodity market temporarily caused investors to run for cover in the defensive currencies like the yen.

 

Meanwhile, it still appears that USD/JPY is close to bottoming. In fact, as Im writing this, USD/JPY is back up above the stop level. So I think once the correction is over, that USD/JPY will pop up like a bottle held underwater. It will be hard to keep it down.

 

EUR/CHF is in a similar situation as USD/JPY. It is near its stop-loss level but it has not hit it.

 

Its still trying to round the corner. This pair has been oversold for so long that it should bounce higher very soon.

 

EUR/CHF has recently made a high that broke its downtrend line. What we have to see now is if it was a fake out or if it will continue to put in higher lows and make the turn. Check it out below.

 

The Euro Rate Hike & Hawkish TalkHas Given EUR/CHF Some Support

 

Meanwhile a Huge Correction is Looming...

 

Stocks and commodities are both stretched and overbought in the near-term.

 

Below you will see the Wilshire 5000 Index in red. Its a basket of well over 6,000 U.S. stocks. Then theres the CRB commodity index in black.

 

As you can see from the chart below, both of them are trading in similar fashion. They are both very extended from their 200 day moving averages too.

 

Stocks & Commodities Are Overbought& Will Pullback This Summer

 

You can see from the huge distance between the blue 200 day SMA and the prices of stocks and commodities (emphasized by the gray arrows), that were overdue for a correction in both asset classes.

 

Stocks and commodities may hold their long-term up-trends but pare back some of the excessive gains in the near-term. This could give some life to the defensive currencies (like the dollar, Swiss franc and Japanese yen).

 

It becomes a riskier venture for traders to run to the yen at this time because they may meet up face to face with central banker intervention.

 

So if we do see the much-needed correction in stocks and commodities in the near-term then the greenback or franc could see a temporary boost from that dynamic alone.

 

Therefore, Ill be keeping an eye on what stocks and commodities are doing as well.

 

Im also watching three currency pairs right now. Im looking for the best trading set-up. Once I see it emerge in one of these pairs, well pull the trigger on our next trade. But in the meantime, well continue to watch our remaining position.

 

I hope you have a great week. God bless!

 

Joshua Clements, Editor

The Exotic Trend Trader

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ExoticFX News Letter Update May 07, 2011 12:28 PM GMT + 8 (Saturday)

Liberty Reserve Problem

 

In case you dont read our releases in full, the Liberty Reserve API is BROKEN and has been broken since at least April 28th.

 

We have been manually paying all members since that time and it is a real pain in the a$$.

 

Especially when there are hundreds of transactions to process daily.

 

You can see corroboration of the issue by reading this thread at Talkgold

 

http://www.talkgold.com/forum/r327873-.html

 

Not many admins have spoken of the problem in fear that their members will panic. We feel that telling you the truth is far better than concealing it in fear you wont respond well.

 

Doing this manually can be frustrating and, of course, very time consuming especially when there are so many ridiculous withdraw requests for 10, 20, 30 cents, etc. What I cannot begin to understand is why would you make requests for a dime? What is the point? Have we not already proven ourselves enough that it is worth risking a dime until it, at the very least, becomes a dollar?

 

Those of you treating this like your typical hyip would be better served to please withdraw and go play in the traditional hyip arena, because, quite frankly, we dont need you and we really dont want you. That may sound harsh and perhaps it is. But the reality is we have better things to do than to coddle those that have such great fear of this industry that they dont read 1/10th of what we write and they feel the need to send 3, 4, 5 support tickets because their dime or even their dollar didnt arrive in their LR account within the first 20 minutes after the close of the day. Please, do your fellow members a favor and remove your investment and participate them somewhere else. We just dont have the time at this point to deal with you.

 

We are dealing with the New Quick Start Program, a Basic Training Program, Video productions, Trading Account Creation, Forex Trade School graduation levels, plus ExoticFX New Plans, Meeting Schedules, and a whole array of features that make this the most phenomenal program online.

 

This is your NON-TYPICAL High Yield Investment Program Your once in a Lifetime Opportunity.

 

If you dont feel the same, please dont waste our time.

 

ExoticFX Just Profits

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another quick update from the program regarding FTA program !

 

We Thought You Were Interested In the FTA Program

 

I am beginning to realize it isnt just my imagination. At first I thought, this cant be, and No way, you are just imagining things. But of late I am seeing perhaps more clearly. After all, it was our decision. Maybe we were naive, or perhaps our research was imbedded with a desire to provide something spectacular to those that, quite frankly, just dont want it.

 

Whatever the situation is, personally, I for one am sorely disappointed.

 

Yet, I am still wrestling with it and I hope this isnt my impatience getting the better of me, but I am not seeing the interest level in the FTA that I thought would be there. We have provided the guidelines, we have provided a Quick Start, and we are putting into place everything we said we would, but we are not seeing those that proclaim interest following through to a level that would make us want to invite them to trade with our funds.

 

So allow us to repeat ourselves. If you are interested in being invited to this FREE program then the following is REQUIRED:

 

* Are you registered and interactive in our forum?

* Do you regularly ask questions and provide feedback to others?

* Do you present your knowledge to others at the forum and assist them in understanding, thereby showcasing your mentoring talents?

* Do you regularly attend our meetings and ask questions and provide feedback during the meeting? Before the meeting? After the meeting?

* Are you registered and interactive at the ExoticFX Blog?

* Do you regularly provide feedback, ask questions and reply to others to again showcase your enthusiasm, dedication and level of understanding?

* Are you available and do you have the time to dedicate to the training?

* Do you have affiliates in the FTA and EFX programs?

* Have you demonstrated your ability to attract others and build your position for future mentoring?

 

I see only a handful so far.

 

Now is your opportunity to outshine those that are not willing to try.

 

Charles Martinsen

ExoticFX Admin

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Thank goodness there are some others who see in this program what I see!

 

For several days I have been in and out of the EFX flash "Live Support" and "Traders Society" rooms and I have watched as the Mods and Admin has been abused by members/guests shouting about Pending and late payments. I have watched the Staff patiently explain the problem with the API with LR, actually saying their own script could be the problem, however, all payments were being made manually and are on time...not late. Even after all of this they have, on many occasions, been called liars! Now we find that the problem the entire time has been with LR...they have admitted it. EFX has done nothing but tell us the truth and do an immense amount of extra work to make sure we are all paid!

 

Have some of us in this arena become so jaded that we don't believe the truth when we hear it? Is it too hard to believe a program can actually be the "best one around"? We patiently wait for a program like this to come around and then sabotage it ourselves...by questioning everything! There are those that call them the "S" word for no reason at all, they don't have any proof and not even an investment. They are compared to other programs of the past and there is truly no comparison at all -- none!

 

Don't you think it may be time for us, the investors, to sit back and reap the benefits of a GREAT PROGRAM? Aren't we the only way they can survive? What do you think?

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another interview by EFX admin at MNO site, lets join this question and answer session as we are all being EFX members !

 

We Need Your Input on This Now.

 

With the growing popularity we are experiencing and the fact that ExoticFX has climbed the ranks so fast, we are scheduled to do another interview at Money News Online and we are happy to do it.

 

Paul is announcing this interview to his members and requesting that they provide the questions so that the whole affair is more of a Q & A session with the members.

 

Since no one is more in tune with what we are doing than our own members, you are invited to also provide questions. You can submit them to MNO at the following email address.

 

abramsonp@gmail.com

 

These must arrive by Sunday.

 

I would appreciate it if you would assist in this and show Paul and the MNO readers how popular we truly are. Please dont let me down here. Having only one or two questions show up would definitely be an embarrassment.

 

I look forward to your questions.

 

Charles

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ExoticFX Admin's News Letter Update May 7, 2011 4:35 PM GMT + 8 (Saturday)

We Need Your Input on This Now.

 

With the growing popularity we are experiencing and the fact that ExoticFX has climbed the ranks so fast, we are scheduled to do another interview at Money News Online and we are happy to do it.

 

Paul is announcing this interview to his members and requesting that they provide the questions so that the whole affair is more of a Q & A session with the members.

 

Since no one is more in tune with what we are doing than our own members, you are invited to also provide questions. You can submit them to MNO at the following email address.

 

abramsonp@gmail.com

 

These must arrive by Sunday.

 

I would appreciate it if you would assist in this and show Paul and the MNO readers how popular we truly are. Please dont let me down here. Having only one or two questions show up would definitely be an embarrassment.

 

I look forward to your questions.

 

Charles

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yesterday, the program paid me $0.06 instead of $0.60, I think it was manual mistake as there has been API issue with LR payments recently,

anyway, I sent support ticket to them immediately explaining the situation,

within few minutes I was paid the remaining $0.54 and in the memo wrote sorry and remaining balance was sent,

I think EFX is one of the top performing programs of these days.

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ExoticFX Admin's News Letter Update May 08, 2011 7:38 PM GMT + 8 (Sunday)

Perfect Money Added Processor so be sure to check it out

 

We have added Perfect Money as our 5thpayment processor at ExoticFX.net.

 

You will find it as an option inside yourEFX account.

 

Many members are complaining about the highcost of fees at AlertPay. Liberty reserve continues to have problems withtheir API (although we expect them to solve the problem soon). HD-Money is notused by our membership and GDP is rarely utilized as well.

 

We felt Perfect Money would provide analternative and has been requested by a few members.

 

We will also be adding Solid Trust Pay aswell sometime this month.

 

 

 

As a side note We will be adding theQuick Start II to our FTA program over the next two weeks. This will provideadditional trading strategies only slightly more complicated but with an evenhigher % success rate. (82%). So look for that to be released in about 10days.

 

 

 

Enjoy.

 

Charles Martinsen

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