Monday, November 16, 2009

Fapturbo & Megadroid--The Best Automated Forex Systems on the Market

$5,000 to $35,000 in just 4 months!!
Winning trade after winning trade day after day!

Let's face it, there are a ton of Automated Forex Programs out there making really big claims, but these are the only two that I have found to perform consistently and profitably week after week, month after month.

FapTurbo is by far the most popular and profitable EA (Expert Adviser) on the market today. It is a scalping strategy that trades at very low risk times which protects your capital. It trades on multiple currency pairs which will increase your profits. It requires no special skills to setup and has been proven to be a very profitable system.

Forex Megadroid is probably the second most popular EA. It is not as customizable as FapTurbo, but is has been very profitable for many traders as well. Megadroid is another scalping EA that trades in off-peak hours with low volatility to help protect your capital.

Adding these two Expert Advisers to your Forex trading portfolio will prove to be a very wise decision.


These are 2 real money making Forex robots. Follow the links to learn more about FapTurbo and Megadroid. I am using both of the these systems on my live trading account and you can too. They are completely automated...all you have to do is install them and let them run.


Friday, August 7, 2009

Zulutrade Live Forex Trading Update 8/7/2009

Ok here is my Zulutrade update for this week.

Overall it was an excellent week. I did not allow any new open trades on Friday due to the NFP (Non Farm Payroll) report released the first Friday of every month at 8:30 AM.

Here are my results.

Signal provider 1. Pro-B5
0.6 lots (zulutrade calculates as 6 lots, it's actually 6 mini lots.)
1 Max Total Open Trades
100 PIP Stop Loss


Signal Provider 2. wintrade
0.1 lots
2 Max Total Open Trades
200 PIP Stop Loss


Signal Provider 3. LowestDD
0.1 lots
3 Max total open trades
200 PIP Stop Loss







Wednesday, August 5, 2009

IvyBot Auto Forex Trading Backtest Results

As many of you auto Forex traders may know, IvyBot was released this week with very lofty claims as to its success. IvyBot is actually 4 different EAs (Expert Advisors) for 4 different pairs EUR/JPY, EUR/USD, USD/CHF, USD/JPY.
I decided to go ahead and purchase it and demo it for a while and see how it goes.
If you do purchase it and are trying to run backtests I do not recommend backtesting farther than 1 year because IvyBot is updated regularly to try to optimize it for the CURRENT market conditions. So if you backtest for more than 1 year, you might not get very accurate results.
Also, per IvyBot's site, PLEASE NOTE: YOU MUST HAVE A 4 DIGIT BROKER

Here are my 1 year back test results using FXDD broker and the recommended settings in the instruction manual. I started with a $1500 account and traded 0.3 lots on all pair except USD/JPY which seems to be less accurate than the others so far, so I used 0.1 lots for USD/JPY.


USD/CHF results.


EUR/JPY results


EUR/USD results


USD/JPY results

Monday, August 3, 2009

Zulutrade Live Account Update 8/1/2009

Hello readers, sorry for the lack of updates the last couple of weeks...things have been quite tumultuous with my Forex trading the last couple of weeks since the huge loss I took. I am in "recovery" mode at the moment modify and testing strategies to see what went wrong and exactly how to fix it.

In the meantime, I have purchased and am running back tests on the newly released IvyBot. I will be releasing my 5 year back test results later this week, so stay tuned.

Happy Trading!

Friday, July 10, 2009

Zulutrade Live Trading Update 7/10/2009

Another week closed autotrading the Forex with Zulutrade and some not so good news to report this week. Apparently the signal providers I was using don't manage risk very well, and that is how they have such a high win percentage...so when my margin dropped nearing a margin call I manually closed the trades that were open in the negatvie costing me a couple of thousand pips. So, there is a lesson to be learned here...make sure you use the risk managment tools Zulutrade provides for you, don't trust the signal providers.

After closing the trades, I did some research on a couple of other signal providers and decided to take a new approach, less risky and with less promise of quick gains.

Here are the signal provider reports for this week.

Signal Provider 1. Hidalgo FX Capital

No new trades...closed all existing trades manually



Signal Provider 2. wintrade

No new trades...closed open trades manually


Signal Provider 3. LowestDD

No new trades...closed open trades manually


Signal Provider 4. Real Conservative Trading

Manual override settings:
2 max simultaneous open trades
15 pip limit (take profit), 100 pip stop loss


16 total trades
13 winners
3 losers
Overall 44 pips gained equaling $48.82
No floating loss.




Signal Provider 5. Pro-B5


Manual override settings:
1 trade max open
200 pip stop loss.

2 total trades closed & won
Overall 84 pips gained equaling $90.32
No floating loss.




Signal Provider 6. FXSMARTTRADING

Manual overrides settings:
1 max trade open
200 pip stop loss

2 trades closed & won.
Overall 26 pip gain equaling $26.00

No floating loss.


Sunday, July 5, 2009

Zulutrade Live Trading Update 7/4/2009


Forex trading has closed for the week and I am back with my review for the signal providers I am using with the wonderful new platform of auto-trading, zulutrade.com

I carried over the 2 signal providers from last week, Hidalgo FX Capital and wintrade, but I also added 1 new one this week, LowessDD.

DISCLAIMER:
Below you will see some losing trades, however, I have discovered that these trades were only losers because the signals were received very late through Zulutrade due to a server glitch or lag. Checking the history of these signal providers indicated that these signals did produce winning trades. It is just one of those things to be aware of that the signals do not always make it through the servers as quickly as they should.


Signal Provider 1. Hidalgo FX Capital
Allowing 5 simultaneous trades with only 1 of each currency pair allowed.
14 closed trades
13 winners
1 loser (see disclaimer above)
Overall profit of 177 pips equaling $177.40 at .1 mini lot.



Signal Provider 2. wintrade
Allowing 2 simultaneous trades
5 trades
4 winners
1 loser (see disclaimer above)
Total profit of 68 pips equaling $136.00 at .2 mini lots





Signal Provider 3. LowestDD
Allowing only 1 trade at a time.
18 trades
16 winners
2 losers (see disclaimer above)
Total profit of 261 pips equaling $529.19 at .2 mini lots




Unfortunately part of any trading strategy is considering the Floating Loss, so here are the trades that are currently open over this weekend, pretty disappointing to say the least.


Saturday, June 27, 2009

Zulutrade Review Live Money Trading Update 6/27/2009

The Forex (Foreign Exchange) trading week just completed and this post is to update my trading results using Zulutrade signal providers for my account.

(Just a note, these are all fully automated signal providers. You do not need to be online or even have your computer on for these trades to be initiated.)


Signal Provider 1. Hidalgo F
X Capital

29 trades total.
27 closed for profit.
2 open.

Total PIPs gained:
396 (trading 1 mini lot) = $394.34 gross profit.


Floating Loss (trades still open):
-233 Pips = (-$219.95)

Below is a snapshot of this weeks closed trades by Hidalgo FX Capital

(Click on any picture for a larger view)


These are the trades that are still open:



Signal Provider 2. wintrade

11 trades total.
11 closed for profit.
0 open.
Total PIPs gained:
101 (trading 2 mini lots) = $202.60

Floating Loss:
0 (All trades closed)

Below is a snapshot of this weeks closed trades by wintrade:

Wednesday, June 3, 2009

Forex Made Easy!

I have discovered a fairly new site that is revolutionizing the Forex (Foreign Exchange) market. It is a third party site in which you can create an account with one of several different Forex brokers, then you can add one or multiple Signal Providers of your choice to trade automatically for you. You don't even need to have your computer on to use the service.

The site is Zulutrade.com

Read more about what Zulutrade is:

  • What is Zulutrade?

    Zulutrade bridged the gap between valuable information in money markets and trade execution, by converting the advice of professional and talented traders globally to an executed trade rapidly and automatically in your account (from supported brokers)

    There was a time when trading was a headache. Not anymore! You don't have to study or monitor the market to make a good pick, because hundreds of industry well-known experts from all over the world are doing it for you. All you have to do is pick the experts you like, and Zulutrade will quickly convert their advice into live trades in your trading account directly with the broker. And the best of all, it's completely FREE!*

    Zulutrade receives rebates from the brokers, for the trades generated and splits them with the experts that provide the advice. Check the performance results recommended by our experts here

  • Who is placing the trades on my account? Do the experts know about my account?

    None of the experts that recommend trades will ever know your account's existence. Zulutrade receives their recommendations, and checks the experts you have subscribed with in your account profile, and decides whether or not to autotrade their advice in your live account using a secure direct connection with the broker's backend. Zulutrade's patented engine places trades automatically with no human intervention. Zulutrade service is server based, in other words you don't even need to have your computer on.

Friday, January 16, 2009

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