Hi all. I took a look this Sunday evening (May 3, 2009) and the Zulutrade website appears to be totally defunct. No answers from any of their Web sites.
Next step is to follow up with the FCM and see what are the status of my open trades, and to go into recovery mode.
Looks like the Zulutrade ship has been scuttled. All the best in your future Forex Endeavors!
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I don't think it came back until an hour or so after trading opened. Not good.
ReplyDeleteHow are you holding up? I am working my way back from an over 1100 deficit but still plunking along.
What providers are you using now?
I am with Davan, Oxford, Pro-B5 and Creative Trading. FX Fila Pea looks interesting but trades very similar to Creative so it wouldn't make too much sense to add both.
Ryrat
ReplyDeleteI'm down about $2500 on a $10,000 investment. I'm currently with Oxford and Hehehe. I decided to move my stops out to -500 pips, because I figure that's the only way i'm going to make any money using this service.
I added Hehehe last week and he's currently down about -390 pips on a short CAD/JPY trade. I had a trade open with Oxford last week, that at one point was down -223 pips and I had a -150 pip stop in place. So I'm not sure if the stop feature is working anymore. Maybe they don't want to see me get stopped out again, who knows.
Thanks for keeping me posted.
ReplyDeleteFYI:
I have Oxford at 250
Davan at 75 stop(but he puts a 50) and 75 limit (this guy trades like a trader and not a gambler in my opinion). I did an analysis on his history and figured that the 75 pip limit would beat his overall progress.
Pro-B5 at 200
Creative Trade at 200
Best of luck to both of us.
How is the range trading going?
Hi Guys
ReplyDeleteDavan does not trade the GBP-JPY so your stop is on traget. But Oxford and Pro-B5 both trade the GBP-JPY and lets face it last week on Thursday and Friday you would have need a 286 pip stop just to withstand the whipsaw price action.I read on forexpeacearmy.com complaints about Zulu users about the platform going down and trades not showing up intil 2 days later.
I would really like to know how many signal providers get screw over when Zulu does its website update and they also are not able to get to their trading platform and send out a signal to close an open trade, and costing money to clients. This could be solved if Zulu had an ITM (instant trade messenger) like the one collective2.com has.If for any reason the trading platform goes down they are still able to get trade calls. This is a must for Zulu with all the problems they have been having.