Monday, November 16, 2009
Fapturbo & Megadroid--The Best Automated Forex Systems on the Market
Friday, August 7, 2009
Zulutrade Live Forex Trading Update 8/7/2009
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
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
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
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
(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 FX 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!
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
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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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