Thank you mate.

Hi mate. Can you give us an update before weekend please? Thank you.

wohoo oil on the rise :) yeah mate i sometimes forget your on the other end of the world

*had it in the bag* (above)

Greetings,

Today being the last day of the week, we decided to remain in the current trades of long oil, eurchf, and a small amount long eurgbp. We had a great spike today in oil to the upside that nearly eliminated our current drawdown entirely...all we needed was a small amount more to remove it completely. The spike up was so quick that we did not exit, but the chatter is the holding a long in oil over this weekend will likely be a good move, especially if there is any news over the weekend to make it rise further. There is not much for good news that could bring us down a lot over the weekend, but there is a lot of things that could spook the market higher. With the eurchf, the spreads in Hot Forex increase right at market close so it is about 5-6 pip greater than it appears in the floating P/L. There was news this week again that the Swiss Nation Bank will defend it's floor in the pair night and day, without exeption, and is ready to sell the swiss currency without limit to retain it's weakness. This means we will be OK to be long, only we wish would have a better entry long as opposed to the current entries of buying as the pair retraced from last week's spike. Remember, the spike up netted us over $17,000 total account profit, so that has already been banked. Please rest assured we are watching the markets nearly every moment, often checking it and all the news, rumors, facts, etc every 10-15 minutes and no less than once per hour over night. It is our main priority to eliminate the drawdown as soon as possible and close all trades quickly as there are around 50 new clients waiting with live, funded accounts who cannot enter until we go flat and close the trades. Also, if we closed the current drawdown and all trades at this very moment, we would still be in profit for the month as we are up around 30% for the month and around 450% for the year. Thanks for your trust and for your patience. Hopefully everyone will be live very soon and we will have a great close to March. :)