Tradewinds Currency: Daily Wrapup

Saturday, April 5, 2008

Daily Wrapup - April 4th, 2008

Well, another no trade day. We spent the entire night in front of the computer waiting for an entry but the market was pretty much dormant until the Non-Farm payroll report came out. We were hoping for an entry coming off the report but the news was so extreme that the price ran away from us.

Steps to Trading Your Money Live.

*** We are not currently accepting new accounts to trade.
1) Watch the Managed Account Intro and Trading System Overview Video.
2) Watch the Demo Account Trade Live.
3) Review the New System Setting's 6 month Backtest.
4) Download, read, understand, sign, and email back the Tradewinds Risk Disclosure and Managed Account Agreement. Email a signed copy to your Tradewinds Representative.
5) Open an account at Varengold Bank FX.
6) Fund your account with a minimum $55,000 deposit (see Varengold Bank FX representative for funding details +49.40.66.86.49.0)
7) Notify your Tradewinds representative once you have received confirmation from Varengold that your account is set up and funded.
* For questions talk to your Tradewinds Representative or email us at: tradewindscurrency@gmail.com

Quick Links:
i) Varengold Online Application
ii) Limited Third Party Management Mandate
iii) Pay Agent Instructions
iv) Account Setup Walk Through Guide

New Reader Orientation

Welcome to the Tradewinds Currency Trade Blog. In this forum you will find a day-by-day play-by-play of our trading activities. You will find commentary on the market and how it may affect our system. And we will post monthly and quarterly performance reports. While we do not disclose the trading rules we follow we have included several posts that should orient you on our strategies, our philosophies, and the risk involved in Forex trading.

- Risk Disclosure
- Past/Hypothetical Performance Alerts
- Why we started the fund/our risk appetite.
- What is a trading system?

This blog is written by Lead Trader, Spencer Burton.

Risk Disclosure

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.

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.

Saturday, April 5, 2008

Daily Wrapup - April 4th, 2008

Steps to Trading Your Money Live.

New Reader Orientation

Blog Archive

PERFORMANCE REPORTS

Risk Disclosure