Ecurrency Digot Stategy - Moving Forward

Digot Buying/Selling Strategy.

Todays post is dedicated to my analysis of the impact of Currency Exchange Rates on a Portfolio (as it relates to mine anyway).

First I would like to point out that my Portfolio is based in USD/DXG and I currently have about 27% of the value in USD digots. The balance of the portfolio is made up of 13 non-USD denominated currencies and their related digots. If your portfolio is based in USD/DXG and you hold only USD or DXG based currencies, the currency exchange rates has no effect on your daily gains. Alternately if your portfolio is based on Non-USD/DXG currency OR you have a mix of different currencies then your portfolio will fluctuate with currency exchange rates.

That being said, I believe and the numbers prove that it is tremendously impotant to hold digots that are doing well against the US Dollar. Oh, I know, easier said than done! My point here is that the old stategies of buying the best performing digots at the lowest premium is no longer good enough. Your strategy should also include consideration for how that currency has been doing against the US Dollar and try to anticipate future movement.

This last week the US Dollar rallied against most other major currencies. The impact of this is that exchange rates relative to my Non-USD currencies are dropping. In simple terms...if an exchange rate is dropping, the gains on your non-USD digots will be diminished or possibly negative. My portfolio has gained about $50 this week however, the currency exchange effect was negative by a little more than $14.

Ecurrency Digot Strategy Moving Forward-
Most of the major currencies are at or near what I call major support areas. This coming week should tell if those support areas are broken (which would mean continued strength in the dollar) or will they hold and regain ground against the dollar. If the support areas are broken I will be liquidating my holdings in the following currencies: Australia, British Pound and the Euro as these are the currencies that have been most affected.

If that happens I will replace those digots sold with digots whos currency has been performing well recently given the rally in the US Dollar. The ones I see as good performers are: Canada, India, New Zealand, China, and maybe Mexico. I have digots in all of these currencies except India, so it is just a matter of buying more digots in the currencies I already have.

Caution - One week does not make a Trend!
In your own analysis you are looking for a trend. The currency markets flucuate all the time, don't get swayed by short term moves. Look for breakouts of support/resistance levels. The nice thing about Currencies is that they usually trend for a long time.

So why even mess with Exchange Rates at all? Why not just have a USD/DXG based portfolio and include only USD/DXG based digots? Short Answer: It is all about maximizing the returns in your portfolio. If you are on the right side of the Currency Exchange game, the returns are double or more the average gains not including exchange rates. All of the above currencies have far outperformed USD based digots in my portfolio. My USD based digots are averaging about .08% daily while the best performing non-USD based digots are averaging .15% to .285% daily.

Long Term
With the lower daily gains ecurrency trading can no longer be a Buy and Hold strategy. One must try to capitalize on trends in the currency world. This can be achieved by analysing the strength of a currency versus the US Dollar.

If you have any questions or comments, feel free to post a comment on this blog or send me an email to mailto:info@futures-brokers-review.com

Ecurrency Trading- Account Update 9/23/06 and other news

This is the Account summary from 9/23.

Portfolio Value: $8,849.00
Res Balance: $726.58
Currency Exchange effect (7 day): $1.16

Two important items to share in this posting:

First, I am happy to report that the days of waiting months for OutExchanges to be processed may have come to an end (hopefully). On Friday 9/22 I initiated a $200 OutExchange to my e-gold account. When I checked the account a few hours later the transaction had been completed. DxSynergy has indicated that with the launch of the G2 system, the OutExchange process would improve greatly. So far it looks like it is working.

Second really important item: The G2 system has been in operation for about 30 days now. The gains are not what they used to be but I am confident that this will improve as the system matures. You will notice that I am now posting the "Currency Exchange effect (7 Day)" along with the portfolio value and Reserve Balance. The impact of Currency flucuation versus the base portfolio currency is very apparent in the new system. This is partially due to the fact that the daily gains are lower than previously experienced.

This impact can be positive or negative to the performance of the portfolio. In simple terms... If your porfolio is based in USD and the US dollar is rising, you do not want to buy non-US digots because the exchange rates will be dropping. My best example of this is in early September the US dollar staged a rally against most other major currencies. From September 6 through Sept. 12 the effect of this was that the Currency Exchange had a negative effect on by portfolio in the amount of $92.93. The daily gains on the digots I hold absorbed about half of that loss and the exchange rates have since worked in my favor, my point is that at the current level of gains, one needs to be aware of trends in the currency markets. On the positive side...This represents an opportunity to optimize the portfolio performance like never before! I am working on some strategies to do just that. If you have any ideas, questions or comments on this just post a comment here or send me an email (link is toward the bottom of this post).

I currently have no OutXchanges.

The average daily profits over the last 7 days has been .104% including the Currency Exchange. Doesn't sound like much, but remember this is daily compounding. My ecurrency Trading Porfolio is heavily weighed in US based digots. The exact % is ever changing but it is currently about 30% of the portfolio value.

You can see that my "Res Bal" is over $720. This is the amount currently available to purchase e-currency digots.

DxInOne has launched the G2 program. This replaces the former portfolio and has eliminated some of the major fees associated with holding a portfolio. They have also changed the name from DxInOne to DxSynergy. Eliminating the monthly fees will add between 3 and 4% to profits monthly and in addition to that DxSynergy has indicated that daily profits should increase. Time will tell.

There remains 1 and only 1 program that I recommend. Gary Jezorski has helped thousands to successfully navigate the complexities of ecurrency trading. Gary's simplified and methodical approach is way ahead of anything that DxSynergy is doing. There is a link to Gary's Website in the right hand column.

Visit E currency Website for additional information.

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No market knowledge needed
Work as much or as little as you want
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---

That is all for this week. As always, if you have any questions or comments, feel free to post them here or send an email to mailto:info@futures-brokers-review.com.

Be sure and grab the free Download at the top of this page. If you are doing any Marketing on the Internet, you need to look at this. And besides...It is free!!

Learn e-Currency Trading by reading this 4 Part series. Also visit eCurrency Trading Website for more related information.

Ecurrency Trading- Account Update 9/03/06 and other news

This is the Account summary from 9/02. In case the screenshot is difficult to read I will give you the numbers here.

Portfolio Value: $8,725.33
Res Balance: $696.26

I currently have no OutXchanges.

The average daily profits over the last 7 days has been .174% including the allowance for fees. Doesn't sound like much, but remember this is daily compounding. My ecurrency Trading Porfolio is heavily weighed in US based digots. I haven't calculated the exact % but it must be 30 to 40% of the portfolio is US based. The recent slide in the US Dollar is the main reason for the lower than average performance. I believe this proves that ecurrency trading is an investment that is truely unique and at least partially sheltered from market fluctuations.

You can see that my "Res Bal" is over $690. This is the amount currently available to purchase e-currency digots. I will be looking to purchase digots this week if the premiums are not too high.

DxInOne has launched the G2 program. This replaces the former portfolio and has eliminated some of the major fees associated with holding a portfolio. They have also changed the name from DxInOne to DxSynergy. Eliminating the monthly fees will add between 3 and 4% to profits monthly and in addition to that DxSynergy has indicated that daily profits should increase. Time will tell.

I received an email from Warren Barnes indicating that he is discontinuing his Training Course. The reason for discontinuing is because DxSynergy has stated that with the launch of G2, DxSynergy will be providing tutorials on how the system works. This saddens me...I do not believe that DxSynergy can nor will provide the same class of service and training that folks like Warren have proven successfully.

There remains 1 and only 1 program that I recommend. Gary Jezorski has helped thousands to successfully navigate the complexities of ecurrency trading. Gary's simplified and methodical approach is way ahead of anything that DxSynergy is doing. There is a link to Gary's Website in the right hand column.

Visit E currency Website for additional information.

---

Day Trading Made Easy
I just completed this course and I must say...I am blown away. The simple approach is the key to success in trading. This one is really simple. Here are the highlights:

No experience required (actually the results for trading novices is better)
No market knowledge needed
Work as much or as little as you want
All you need is Internet access
Great work from home opportunity

Click on the link and sign-up for the free report: Day Trading Made Easy

---

Are you interested in Forex Trading but don't know where to start?

I have found a free Video Course that is taking the Forex Industry by storm. Learn at your own pace, learn in the comfort of your home and best of all...it is FREE.

Click on this link and sign-up for your Free Course. Forex Trading Video

---

That is all for this week. As always, if you have any questions or comments, feel free to post them here or send an email to mailto:info@futures-brokers-review.com.

Be sure and grab the free Download at the top of this page. If you are doing any Marketing on the Internet, you need to look at this. And besides...It is free!!

Learn e-Currency Trading by reading this 4 Part series. Also visit eCurrency Trading Website for more related information.

Great News on eCurrency

The Long awaited Launch is about to happen....

FOR YOUR INFORMATION.....

I have an update on Ecurrency trading and the DxInOne Program.

DxInOne has posted a message that the system will be converted
to the new interface starting on the close of business on 8/14/06
(today).

They (DxInOne) has indicated that the conversion will take 6 to 12 hours.

This is great news and has been much anticipated. Moving forward,
I believe this will prove to be a great venture to be involved in.

I will have another posting tomorrow or Wednesday at the latest.

Stay tuned!

Thanks for your interest. If you have any questions please feel free
to send me an email to info@futures-brokers-review.com

An Email you may find useful

Here is an email I received today and my response. As you will see, this individual has some confusion with some of the different programs I follow here in this blog. Maybe this information will help you also.

Original email:

Merv,thanks for the information you send me.Honestly, I am confused now what step to tak.Whether ecurrency daytrading or forex.I can conveniently spend$50 for a training which i know will pay back.But which one should i undertake?i have a lot of people i can refer but what is the quarantee of consistent profitability.PLEASE ADVICE ME.Regards. (name withheld)

My Response:

Hello (name withheld),

Thanks for the email. I am always more than willing to help.

I will try to clear up some of the confusion.

First, I will address Forex Trading.... Are you aware that 90 to 95% of people who trade Forex lose their money? I have not seen a training package that is consistent!! I have been Trading for over 15 years and even I don't trade Forex. In my opinion there are just too many Geo-Political events that cause knee-jerk market swings.

Secondly, on Ecurrency. This is by far the most conservative approach. If you are working on very limited funds and don't mind waiting for your account to build, this may be the way to go. Please do not go out and buy one of those $50 e-book courses! They are incomplete and seldom updated with current info. With ecurrency, consistent updates is critical to maximizing your account. August 14 is the date for a major relaunch to the DxInOne System. I cannot over-emphasis the excitement and importance of this. I will add you to the list of folks who have asked me to keep them updated on the progress of the relaunch. It should promise to be very good. The talk is better returns and lower fees, and faster processing of exchanges. What could be better than that?

Finally, on DayTrading. As you may know by now, this is how I earn a large part of my living.
The Training package that you are being offered here is what I use daily. I have bought dozens of training packages totaling thousands of dollars, yet I have not found a simpler system to follow. The training package is not cheap at $1495 (although I have paid a lot more for inferior programs) but knowing what I know now, I would gladly pay much more for this program.

About your statement "guarantee of consistent profitability". None of these carry a guarantee of profit. It takes discipline and a strong conviction to follow the system to succeed. Anything short of that will spell disaster. The risk of loss is proportional to the return. If one cannot accept risk then they should also accept low returns. As is the case with any speculative investment...Only risk what you can afford to live without!

I will summarize the programs I am in:
Forex...I do not trade Forex
Ecurrency...Awaiting the launch of G2, This is LONG TERM
DayTrading...I actively trade everyday utilizing the program I recommend.

In closing I would like to say that ones descision to become involved in any of these ventures is more a personal qwest than anything else. Meaning, you must find something that interests you and dare I say passionate about. I am passionate about Day Trading therefore I keep at it, learning and investing in new and different concepts etc.

Thanks again for the email. I hope this clears up a few things for you. I hope you don't mind if I post your email and my response on my blog. Many others will find this summary helpful. I will remove your name etc.

Please feel free to contact me if you have further questions.

Best Regards

Merv Thompson


********** End of Email and Response ************

This is just one of many emails I have received on these ventures. If you have any specific questions or if there is something you would like to discuss please feel free to send your questions/comments to me at mailto:info@futures-brokers-review.com I will respond as quickly as possible (usually the same day)

Just a quick note on E-currency

E-currency trading.

Todays post will be brief.

I am sure that many of you are wondering why I haven't posted to this blog since May. The overwhelming reason is that there hasn't been much to report. Until now!

I am pleased to announce that in the next week or two, DxInOne will be launching there full blown system. Yes that is right, the e-currency network with all (or most) of its' services will finally come out of beta.

The new system will (so we are told) include much greater efficiency and they claim higher average daily profits. Some of the fees have been eliminated and the mechanics of the system will be much smoother.

I really look forward to this new system and hope you will visit this blog regularly. I will be posting fairly regularly as news is released. Many people have sent me emails asking "How do I get involved..." to which I have responded that if you are not currently part of DxInOne, I recommend holding off until the transition to the "G2" system is completed. It should only be a week or two now. If you would like to be added to the list of "Keep me Updated" folks who receive my newsletter by email, just send me an email with "Keep me Updated" in the subject line. The email address is info@find-me-info.com

That is all for now and thanks for visiting.

Ecurrency Trading- Account Update 5/14/06 and Other News

This is the Account summary from 5/13. In case the screenshot is difficult to read I will give you the numbers here.

Portfolio Value: $7,240.99
Res Balance: $481.49

Today, I requested 2 OutXchanges - Total requested = $550.

The average daily profits over the last 7 days has been .166% including the allowance for fees. Doesn't sound like much, but remember this is daily compounding. My ecurrency Trading Porfolio is heavily weighed in US based digots. I haven't calculated the exact % but it must be 30 to 40% of the portfolio is US based. The recent slide in the US Dollar is the main reason for the lower than average performance. I believe this proves that ecurrency trading is an investment that is truely unique and at least partially sheltered from market fluctuations.

You can see that my "Res Bal" is over $480. This is the amount currently available to purchase e-currency digots. I will be looking to purchase digots this week if the premiums are not too high.

I am hearing that DxInOne will be opening registration soon for Merchant Consoles. I will be watching for further announcements.

I received an email from Warren Barnes yesterday indicating that he is temporarily putting a hold on selling his Training Course. I feel he is making a sound descision at this point. The reason for the "hold" is because DxInOne is bringing new programs and services online at a rapid pace. Warrens training course includes details for all that DxInOne offers. He wants to be sure that he has all the details (and that DxInOne has worked out any bugs) before he includes the new programs in the training course. He also believes that there may be changes to the base program as well. Another reason to hold off on new training.

Visit E currency Website for additional information.

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I continue to Autosurf with Alien Trust. If you are interested in making some passive income and/or you need an inexpensive way to advertise your products or services, then Alien Trust is Highly Recommended!

My account is profiting a little more than $69 per day currently.

Last term expired on 5/10
profits (after fees) of approx $860
requested cashout on 5/11 in the amount of $740

Current active term started on 5/11 and expires on 5/24
Amount invested in current term is $3,360
expected profits on this term is approx $850.

Not a bad little return. I am getting about 50% Return On Investment per month for 15 to 20 minutes worth of work per day. (If you call looking at websites work)

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Day Trading Made Easy
I just completed this course and I must say...I am blown away. The simple approach is the key to success in trading. This one is really simple. Here are the highlights:

No experience required (actually the results for trading novices is better)
No market knowledge needed
Work as much or as little as you want
All you need is Internet access
Great work from home opportunity

Click on the link and sign-up for the free report: Day Trading Made Easy

---

Are you interested in Forex Trading but don't know where to start?

I have found a free Video Course that is taking the Forex Industry by storm. Learn at your own pace, learn in the comfort of your home and best of all...it is FREE.

Click on this link and sign-up for your Free Course. Forex Trading Video

---

That is all for this week. As always, if you have any questions or comments, feel free to post them here or send an email to mailto:info@futures-brokers-review.com.

Be sure and grab the free Download at the top of this page. If you are doing any Marketing on the Internet, you need to look at this. And besides...It is free!!

Learn e-Currency Trading by reading this 4 Part series. Also visit eCurrency Trading Website for more related information.