- 1. Why do we need OZ.TAPS?
- When to buy and when to sell is the most important decision
you make in FOREX trading.
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- 2. Why do we need to be alerted?
- Timing is everything. Getting into the market just as it is about to move makes for our largest trades.
Because of the many factors involved, it is hard to predict precisely when changes in the prices of foreign
currencies will occur, and the direction in which they will go.
Taking full advantage of these opportunities requires attention to price movement, technical studies and
fundamental information all day long. The average persons lifestyle makes doing this very difficult. Now, TAPS
allows you to get on with your life, while it monitors currency movements all day long, and alerts you when
things hot up.
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- 3. When is OZ.TAPS most active?
- Because of the global nature of currency trading, the markets never sleep. Nighttime in the USA is morning in
Asia; Europe has dinner when we have brunch. Opportunity can occur when you least expect it, night or day.
Experience and history have shown us that the biggest and most successful market moves occur between
midnight and early afternoon, EST (Eastern Standard Time).
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- 4. Okay. So how does it work?
- OZ.TAPS is a unique computer generated paging service linked to a mainframe computer, known as "Soros",
located at the Computrade offices in Sydney, Australia. "Soros" operates a highly advanced price tracking
system, 24 hours a day, 365 days a year.
"SOROS" MONITORS THE MOVEMENT AND PRICE VARIATION OF THE US DOLLAR AGAINST THE OTHER
FOUR MAJOR WORLD CURRENCIES — JAPANESE YEN, BRITISH POUND, SWISS FRANC AND THE EURO
DOLLAR.
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- 5. What about long term trade alerts that earn
us daily interest?
- US dollar purchases, as long term trade alerts, are also generated, but usually these occur only four or five
times a month. These are trades that we enter and hold, often for months at a time, while taking advantage
of the daily interest paid out to us. This interest could potentially be as high as 6% monthly, on our initial margin. But please remember, price fluctuations against your position could still result in losses.
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- 6. How many alerts a day can I expect?
- Because of its highly selective programming, TAPS only sends out alerts of the best trading opportunities, as
determined by "Soros". Generally, between 15 and 20 trade alerts are generated daily, although this can vary
from day to day.
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- 7. Assuming I want to proceed, what do I do?
- Every new OZ.TAPS subscription includes the Computrade training program and software. Training in our userfriendly
software can be done by either visiting us at one of our locations, or over the telephone in one-on-one
sessions with a Computrade certified trainer. You will gain access to one of our trading simulators and it can
be used on your own PC for as long as you need to sharpen up your skills. Once you get the hang of it and are
feeling comfortable, you can go ahead and fund your account and start Real trading. You will also have access
to Computrades Members Forum, our live Real Time Charting Package, and much, much more.
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- 8. What do I do once I receive my OZ.TAPS Alert?
- There are a number of options available to you that will be determined by the program that has been
configured for your use. Initially:
1. Orders can be placed 24 hours a day on-line, utilizing your PC.
2. Orders can be placed by telephone, 24 hours a day.
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- 9. How are the currencies monitored?
- Utilizing real time live data, together with a highly sophisticated set of mathematical algorithms and
technical studies, "Soros" keeps a constant eye on the major world currencies, alerting us to what appear to
be the very best trading opportunities.
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» Contact us for more information.
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