Currensee Discussion

Given the advice of the people that run Forex Factory gave me I am starting a thread related to Currensee.

The goals of the thread are:
1) Answer any question related to Currensee - I will not answer any personal questions here but you are welcome to DM if you are interested.
2) Notify people here about the activities that Currensee is offering the community members - Free Webinars, promotions, new features releases etc.
3) Create an open discussion about the need for transparency in Forex and trading in general and what is the best way to achieve it
4) Provide analysis that we're doing on the traders on Currensee - how to be a successful trader, what successful traders do and what percent of the population are they.

I hope this thread will run in a civil manner.

-- Asaf.

Here's my take on Currensee: Currensee’s heterogeneous paradigm appears to be a collaborative innovation network (CoIN) for self-directed FX traders that have a collective vision: Profitable trading. Benjamin Franklin defines the success of this type of collaboration in five elements: 1) Evolve from learning networks; 2) Feature sound ethical principles; 3) Based on trust and self-organization; 4) Make knowledge accessible to everyone; 5) Operate in internal honesty and transparency.

Thus the Currensee platform fits the modality of a “self-organizing innovation network” in which global networking links a more creative, diverse knowledge and skill base interlinked by co-evolving geographical linkages inducing cooperation on a FX global information grid; an extension of an augmented group cognition alignment – weeding out FX prevarication; ad hominem.


In pre-historic times – the start of collaboration was with bartering goods. Today, when trading FX, collaboration brings a symbiotic advantage because of the access to other regional benefits of information on the FX market as well as a wealth of knowledge between novice and veteran traders, but not without sedulous endeavor. For me FX trading collaboration is a "where we work together for a common goal" – intellectual endeavor, creative in nature and building knowledge without adversarial methods. The reward, as in this case challenging Currensee’s Pip Of the Week competition, brings about an objectively that reaffirms the intentional community spirit and resource allocation. As well, if one takes into account James Waldegrave’s Grame Theory in 1713 (later used at RAND) that multiple players make decisions in an attempt to maximize their returns, the multinational team adds tremendous value to the variety of knowledge in mass collaboration. Blending the management of technical charts, fundamentals and sentiment analysis focuses on the cultural practice of FX trading. At the centerpiece of our collaboration is the educational process and consensual domain of participation in negotiation; a built-in brain trust for an on-going support system, problem solving coordination for risk-to-reward profitable trades. I hope we can maximize the potential of Currensee in developing enterprising common-based peer collaborations that allow us to intelligently connect and interact, encompassing both asynchronous and synchronous methods of communication.

I don’t know if my FX trading collaboration with you will put a diamond in your champagne glass, or present a elaborate elegance of trading knowledge, or incite anomie; but I know two heads are better than one, which initiates confidence combined energies of integration when undertaking a similar challenge. Please join me if you are trading during the New York session in this virtual collective consciousness medium of FX. Trust is the start, profitable trades is the payoff. Jake

Thursday, July 29, 2010 8:00 AM - 9:00 AM EDT


https://www2.gotomeeting.com/register/351601930


-- Asaf.

We've asked our traders what is their expected return from trading Forex and I have to say that I was surprised to see that people's expectations are somewhat high.

More than 95% of the traders think that they should achieve more than 20% a year and 25% think they should achieve more than 100% a year.

Looking at other financial investments it seems like anything more than 10% a year is going be considered a huge success as the S&P 500 on a compounded basis makes about 9.6% a year and even the great Warren Buffet makes about 20% a year which is 434,057% since 1965 when he started.

What is your expectations from a return when trading forex?

-- Asaf.

Link to recorded video here - http://vimeo.com/13551215


-- Asaf.

The session is Friday morning - Register here - https://www2.gotomeeting.com/register/640302403

-- Asaf.

Hi Asaf,

Any idea if/when dukascopy will be added to your brokerlist?

Also, how does a tradeleader know who is following? Or, how does one know if any compensation is in line? See:

http://www.forexfactory.com/showpost...7&postcount=13


Thanks pbb

We're looking to add Dukascopy towards the end of the year, they are eager to work with us and it's a resource issue of our end to facilitate the development of the API.

The Trade Leader gets a report at the end of each month with the people that followed him, the amount of volume that was executed and the fees being owed to him.

-- Asaf.

Register here - https://www2.gotomeeting.com/register/170316475


In this webinar, hosted by David Rodriguez of DailyFX.com, we will use FXCM’s Strategy Trader platform to analyze best money management techniques for the Moving Average Crossover Trading Strategy on the Euro/US Dollar pair. Using readily available code, we will generate backtest results and see which types of stops and limits would h...ave produced the best performance in the past 10 years of trading. In doing so, we hope to establish best practices on using similar trend trading strategies and learn more about these popular trading styles.

About our guest presenter:
David Rodriguez is a quantitative analyst for DailyFX.com, specializing in statistical studies in currency trading markets and algorithmic trading systems for the Managed Accounts Programs offered by parent company, FXCM. He holds a degree in Economics from Williams College with heavy emphasis on quantitative methods and began trading financial markets in the tech boom and bust of 1999-2001. Since then, David's primary focus has shifted from equities to currency markets, but he continues to trade futures and futures options on a broad range of asset classes as well as currencies.


https://www2.gotomeeting.com/register/170316475

Asaf,



Myfxbook told me they only need read-access for Oanda accounts, not my account login + password like you need.

Why you don't do it that way ?



Any time frame when brokers like Interactive, Currenex and other institutional platforms will be available ?

Myfxbook are not about collaboration but about showing performance and they have hacked a solution with the FTP upload the OANDA has but you do need to change the link every day if you want to continue updating your stats.

We have a great relationship with OANDA and you can call them and ask about us, unfortunately at this point this is the only reliable API that they have and we're forced to use a full API. When they'll release a read-only API we would make the change and convert to using it.

-- Asaf.

Any news on this ?

Hi there,

I'm a newly registered member @ Currensee I wonder if you guys have a complete blog post on how to use and completely utilize the site's features?

Hope to hear from you soon! Thanks!

FXMistress

We have a complete help section that can be accessed here - http://www.currensee.com/help

We also have customer support people that would be happy to answer any question or take you through the site.

-- Asaf.

We are working with some of the institutional brokers at the moment to provide support for them but there is not set date to when we would release the support.

I will keep you updated on the progress.

-- Asaf.

Thursday, September 9, 2010 8:00 AM - 9:00 AM EDT

Register here - https://www2.gotomeeting.com/register/707384658

-- Asaf.

spyglass is a scam

=== Spyglass.co.uk ===
http://www.ripoffreport.com/Brokerag...spyg-489am.htm

http://www.trustlink.org/Reviews/Spy...-Inc-205965794

http://www.trade2win.com/boards/fore...ml#post1245378

http://www.Spyglass.co.uk

http://www.programtradingsolutions.com

http://www.thetradetechinstitute.com and Spyglass Equity share the same business address. Both also have the same unattributed Bloomberg newsfeeds on their websites.

https://www2.gotomeeting.com/register/707384658
"........Join this very special event and see Mike Baghdady - winner of the World Trading Championship Frankfurt 2009 - as he trades the SpyGlass live money account on the New York session. Mike’s trading desk open days are among the most popular in the world today, attracting hundreds of traders worldwide. Mike will share his screen and trade the SpyGlass live money account utilising the SpyGlass pure rule based system and show “The Power of Price Behaviour." Mike will demonstrate his Price Behaviour methodology and take your questions live. ............"

World Trading Championship Frankfurt 2009 - There was no such thing

Cool! Thanks for the reply!

The webinar was ended suddenly. Thus no live trades from spyglass.co.uk. Why did you waste our time?