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4 July 2009 Daily Forecast
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© 1995-2009 iFOREX.bg
Service Commencing
All the services, support, email inquiries, web site, and other information provided by iFOREX Ltd. is available to all customers and visitors in English language only, which is one of the main languages in the EC.
Your subscription with us starts on the next available business day (or the same if we have not started sending our trading signals or daily forecast) after your payment is confirmed, unless you have specifically requested service to commence on another date. We are closed on Saturday and Sunday for forecasts, news and signals, email support is still available. Therefore if you, for example wish to start using our services on Monday, you can make your payment over the weekend. We are also closed for public holidays, such as Easter (European Eastern and/or Western) and Christmas.
If we intend to take another day(s) off (for local or summer holidays, or service maintenance or improvements), customers will be notified, and subscription time will extended with the equal number of day(s) which we take off. During that time we may still publish performance results (based on our test/internal signals during that time) and forecasts. Once your subscription starts, it can not be stopped (paused) and later renewed by subscriber for a period of time. The subscription time is for the calendar time (week, month, 3 months, etc.).
Description of Forecasting Services
iFOREX Ltd. is in the business of teaching analysis of forex trends, and proposing potential trading signals - not recommendations. All statements and expressions are the opinion of the forex experts at iFOREX Ltd. and are not meant to be either investment advice or a solicitation or recommendation to establish market positions. Our opinions are subject to change without notice. We strongly advise clients to conduct thorough research relevant to decisions and verify facts from various independent sources. The staff at iFOREX Ltd. is not to be held responsible for individual market positions, all trades that clients may take are based on their own final decisions. We do not accept any liability for any loss or damage whatsoever, that may directly or indirectly result from any advice, opinion, information, representation or omission, whether negligent or otherwise, contained in the trading signals or in any accompanying chart analyses, whether communicated by word or message, typed or spoken by any of iFOREX Ltd. employees.
Forex Forecasts
Our Forex Forecasts (daily and evening) are published at the times shown at the forecasts pages ± 1 hour, depending on when we decide it is best to send them to our customers. Forecast is valid for the coming session, or till next forecast/update, as the new forecast/update is more accurate for the time ahead. Update of a forecast is when we send particular forecast again with some changes, which are made for more accuracy of the forecast. The daily forecast is sent on time to subscribers only, who receive also updates. Here we publish it late for reference only. The evening forecast is sent to our subscribers only.
Trading Signals
  1. iFOREX Ltd. is not responsible for loss of trading information such as forex forecasts or trading signals, sent to customers by email, Yahoo, ICQ, Windows Live, AIM, Jabber Secure Messenger, or SMS caused by poor Internet connection, no Internet access, network/server delays, or any other communication problems.
  2. Our job is to send you our forecasts, news and signals, it is your job to be online and make sure you receive them.
  3. The trading signals service works on the overbought (o/bght) and oversold (o/sold) condition of currency pairs throughout the day. Go short (sell) when currency is overbought and go long (buy) when currency is oversold.
  4. When receiving the signal, it is a responsibility of the subscribed member to try and get as close to the suggested entry as possible.
  5. Trading signals are not negotiable or explained, they are given as they are, as a trading expectations and you use them at your own risk.
  6. iFOREX Ltd. is not responsible for the proper, on time, accurate and legible receipt of trading forecasts and signals, the delivery of which depends on the Internet connection.
  7. Currency prices may differ from platform to platform, as well as fast changes of forex market, and we are not responsible for the accurate buy/sell currency prices sent by us through email or messenger.
  8. Any efforts to try to enable voice, web-cam, send files or conference invitations through the messenger may lead to discontinuation of service. Questions and inquiries should be sent by email, and not through the messenger.
  9. Prices shown in the trading signals refer to real or close to real and already reached within the past few minutes quotes, in which we show the best entry/exit/TP/SL prices (if sell we give highest possible price, if buy we give lowest possible price, if exit or TP hit, we give the most remote price), and spread (ask - bid difference) may or may not be included. There may also be exceptions of the above.
Forex Tradind Risk
Foreign exchange transactions carry a high degree of risk and any transaction involving currencies is exposed to, among other things, changes in a country's political condition, economic climate, acts of nature - all of which may substantially affect the price or availability of a given currency.
Therefore we do not take responsibility for losses of assets caused to subscribed members' trading actions based on our trading forecasts and signals sent to them.
Previous performance is not a guarantee for a future success in forex trading online.
Performance Results
Our performance results are hypothetical and as such they have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which can not be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. During days we take off (for local or summer holidays, or service maintenance or improvements), we may still publish performance results (based on our test/internal signals during that time).
Prices and Refund of Payments
Our prices are set in € (Euro). The $ (US Dollar) prices are calculated in real time by the payment processing company ShareIt, but should still be considered as approximate because of the changing rates. The amount in US Dollars or other currencies will be exactly calculated when making payment by credit card or PayPal. If you are making payment by Bank Wire or Western Union / MoneyGram in other currency than Euro, you should advice your bank/agent that you wish to send the amount equal to our fee. If making payment by bank transfer from outside EU additional charge for the corresponding bank applies, and if amount is less/more, subscription days are calculated according to the amount received.
iFOREX Ltd. does not refund any full or partial payments made by Bank Wire Transfer, Western Union, Money Gram, online Credit/Debit Card, PayPal or other payments for the services subscribed by the customer.
Modification of Services
iFOREX Ltd. reserves the right at any time and from time to time to modify, discontinue, temporarily or permanently, its services (or any part thereof), disaprove service applications, and/or cancel payments with or without notice. You agree that iFOREX Ltd. shall not be liable to you or to any third party for any modification, suspension, or discontinuance of our services, and the applications and/or payments made in that relation.
Indemnity
You agree to indemnify and hold iFOREX Ltd., and its officers, agents, co-branders or other partners, and employees, harmless from any claim arising from your use of our services or your connection to our services. iFOREX Ltd. and its parent company and affiliates shall not be held liable for any trading losses as a result of your use of the services provided by iFOREX Ltd.
No Resale of Services
You agree not to reproduce, duplicate, copy, sell, resell or exploit for any commercial or non commercial purposes, any portion of our services, or access to our services without prior consent with iFOREX Ltd.
Links
Our services may provide links to other world wide web sites or resources. You agree and acknowledge that iFOREX Ltd. is not responsible for the availability of such external sites or resources, and does not endorse and is not responsible or liable for any content, advertising, products, or other materials on or available from such sites or resources. You further acknowledge and agree that iFOREX Ltd. shall not be responsible or liable, directly, or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such site or resource.
Disclaimer of Warranties
You expressly understand and agree that:
  1. Your use of our services is at your sole risk. Our services is provided on an "As Is" and "As Available" basis. iFOREX Ltd. expressly disclaims all warranties of any kind, expressed or implied, including, but not limited to the foregoing.
  2. iFOREX Ltd. makes no warranty that our services will meet your requirements, or that our services will be uninterrupted, timely, secure, or error-free, or that the results that may be obtained from the use of our services will be accurate or reliable, or the quality of any products, services, information, or other material purchased or obtained by you through our services will meet your expectations.
  3. No advice or information, whether oral or written, obtained by you from iFOREX Ltd. or through or from our services shall create any warranty not expressly stated the Terms of Service.
Limitation of Liability
You expressly understand and agree that iFOREX Ltd. shall not be liable for any direct, indirect, incidental, special, or consequential damages, including but not limited to, damages for loss or profits, goodwill, use, data or other intangible losses.
Entire Agreement
The Terms of Service constitute the entire agreement between you and iFOREX Ltd. and govern the use of our services. The failure of iFOREX Ltd. to exercise or enforce any right or provision of the Terms of Service shall not constitute a waiver of such right or provision. iFOREX.bg is a name of iFOREX Ltd., which is a limited company and it is regulated by the laws of Bulgaria, where it is registered.

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