MoneyBull

Hi everyone!

I noticed the other day when going on my website to see the look of it on another computer that there was a pop-up coming up. I hate pop-ups as much as everyone else and would never us that type of advertising as I find it annoying and intrusive.

I investigated and it turned out that Obeus, which I have been using as an ad company for years has a script on some links that generate a pop-up. So I immediately dropped them. I will only use BidVertiser for now, which is a reliable and honest company that I have been using for a long time.

I am not aware of how long this has been going on,… Read More…

Hi!

I just started this month to trade with FXDD because I’m having problem depositing with Alertpay in my FxOpen account, and I thought I’d try both. Let’s compare the results

I am also introducing two new robots:

Tom: EUR/GBP scalper, replacing Thunder.
Gator: Short-term trend analyzer the Alligator indicator, with a little tweak to make it more powerful. Runs on the EUR/USD with a stop-loss of 500 and a profit taking of 30.

Here are the results for April 2010 for FxOpen:

ACG: +124
AFG: +28.80
Dragon EUR/USD: -90
Dragon GBP/USD: +10
H4: +56.38
Tom: -226.18
Gator: +540

Cumulative from December 2009 to April 2010:

ACG: -48
… Read More…

First of all, I just wanted to mention that last year, 2009, was a crazy year for my Forex robots. I was testing too many currencies at the same time with robots that were way too risky, which is why I won’t even bother with quarterly results for that year.

Also, I have some good news. You probably all know by now that I have been only testing with FxOpen, which is a good broker. But I will also test with FXDD now at the same time. I will be able to compare the results and I believe they are both the best brokers to test with. A review for FXDD will come soon.

Q1 (Jan-Mar) 2010 - FxOpen

ACG:… Read More…

Hi!

Today I decided to drop two robots: Thunder and FxUltra.  Thunder opens way too many trades (100 this month!) and is just not  profitable and FxUltra has been dissapointing since the moment I  first started testing it.

On a  positive note, I will be replacing them with two new robots that, so  far, I have seen incredible results from.
I am  also soon going to start testing my robots on two different brokers:  FxOpen (which I use now) and FXDD.

Here are the  results for March 2010:

ACG: +72
AFG: +45.80
Dragon EUR/USD: +28
Dragon GBP/USD: +2
Thunder: -142.08
FxUltra: -86
H4: +268.42

Cumulative  from December 2009 to March 2010:

ACG: Read More…

My trader friends know that I love trading with technical analysis. But lately I have been interested in trading with pure price action, also called a “naked chart”.

I have learned a new strategy called the 1-2-3 strategy. I use a variance with Fibonacci levels.

How does it work?

To enter a short (sell) trade, you just wait until the price goes down and then goes back up, and then goes back down again.

To enter a long (buy) trade, you wait until the price goes up and then goes back down, and moves back up again.

1. It’s important that Point 3 is lower than Point 1 in a short (sell) trade, or higher than Point 1 in… Read More…

Hi everyone!

After some thorough backtesting and forward testing, with different settings, I have come to realize that my Expert Advisor Sand does not fit my trading style.

So far it has created the biggest profit, but at what cost? For it to function well, the stop-loss needs to be huge and I don’t want to get into Martingale systems.

It will get replaced by a more simple indicator that is less risky, called A1. I will present it in my next update.

I am also currently developing another version of Thunder that might provide higher profit.

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