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- 42 Results (40 Replies , 2 Comments )
- CyprusTrader commented Jan 18, 2015
Wow, turn up for the books, FXCM was in deep s***, managed to get a bailout from another company, now getting aggresive and looking to aquire Alpari UK with it's client base with 100m funds. See url Interesting list of Brokers, some did make a ...
- CyprusTrader commented Jan 17, 2015
I have about 11k in Alpari UK, not worried really, just a pain that we will probably have to wait. Good things are on our side, Alpari UK got hammered a few years ago with complience issues, proof of address records etc, quite a large fine was ...
- CyprusTrader replied Oct 8, 2011
Good ramble lol, inclined to agree and prefer pre defined risk but I can see the benefits of this strategy and the warnings about using it "intelligently" rather than head in the sand ostrich style. It is still the best EA I have come across but as ...
- CyprusTrader replied Oct 8, 2011
Yes, difficult decision but that trading, there is always the danger of a severe move against, all smiles when its in a range, will have to further temper the balls and think about the hedging a bit more. However that scares me a bit, easy to get ...
- CyprusTrader replied Oct 8, 2011
Strategy worked to some extent, caught the bottom and got out of everything after NFP. ABout 220 pips on the Eur lot positive and the same on the cable less negative! The market rallied just after the announcment but then retraced until NY close. ...
- CyprusTrader replied Oct 6, 2011
Had a number of attempts to reduce the cable drawdown, all ended at break even stops. tricky trying to find a bottom. Decided to get get in long EurUsd today, saw those wicks around 1.3250 ish, support evident all yesterday. Went long at 1.3270 with ...
- CyprusTrader replied Sep 24, 2011
Agree, thanks for the great post, starting to evaluate my options as I seem to be stuck in the Gbp/Usd hole too. Will have to make a decision next week, either to hedge or start adding to a retracement to lower the magic BE point. My feeling (which ...
- CyprusTrader replied Sep 3, 2011
Actualy Steve you are right, this has highlited a failing in my short trading career. All too easy to think this doesnt work and hop on to something else, especially after a big hit. At least Murph stuck with it, recovered and learned a great deal ...
- CyprusTrader replied Sep 2, 2011
Murph, Good stuff, I had a similar scare with the Swissie, not quite as bad as yours but still a thorn in my side. The Demo is doing great, 25% in about 7 weeks, just lucky timing. One thing that is working out well is to increase the profit, I ...
- CyprusTrader replied Aug 20, 2011
Further to my last post #2109 here is a breakdown of pairs with profits: EurChf 2732 GbpJpy 3652 EurGbp 956 GbpUsd 4471 EurJpy 1701 UsdCad 131 EurUsd 2099 UsdJpy 1609 GbpChf 578 Thats 18% since I restarted a 100k demo on the 14 July, tradeing at 0.2 ...
- CyprusTrader replied Aug 11, 2011
Varied results Demo V Live — FXCM binned my last account which was about 8% up in a month, opened another 100k demo and put the lot size up to 0.2, as expected bigger gains in over 13% in less than a month. Nearly had a problem with Eur Chf ...
- CyprusTrader replied Jul 21, 2011
I've been trading this live (along with many others) for some time. I WOULD recommend it for trading live provided you are aware that it's not going to do every single thing perfectly without you ever needing to manually intervene. I would imagine ...
- CyprusTrader replied Jul 21, 2011
Went live yesterday at last, proper VPS in Pensylvannia, 10k USD, 0.01 lot size to start. If my 100k 0.2 lot demo gets on ok I will consider ramping up the lot size a bit. Plan to prove 2 months ahead on demo then use it live. Exciting stuff, well ...
- CyprusTrader replied Jul 13, 2011
Hi, does sound crazy or very lucky, you can get lucky in Forex but it will bite you in the arse eventually if you persist. Best advice is to test yourself safely on Demo for a month or pref 2. I have learned in trading not to listen to any ones ...
- CyprusTrader replied Jul 13, 2011
Well bugger it, military blew up our power station in Cyprus with the usual local tomfoolery/incompetance. Suffering with 3-4 power cuts per day, other trading in jeopardy without management EA's MPTM and a partial TP that I did myself. Signed up ...
- CyprusTrader replied Jul 10, 2011
Further to my post 2068, I am using the default settings, recovery 1,2,6 100k demo account with 0.1 lots. I also prefer the hedge box trading to fire off buy and sell at the same time, drawdown is then just the spread. Here are the pairs and gains: ...
- CyprusTrader replied Jul 9, 2011
Thanks, strange thing happened last Thursday, I was actually flat by closing 2 trades on Thu in profit, switched off prior to NFP, first time ever the Beastie has been in that position! When I first switched on 2 months ago, NFP created a nice hole ...
- CyprusTrader replied Jul 6, 2011
I have been trialling the beastie for just over 2 months now with very good results. Gains of 7.3%, account size is 100k Demo and trading 0.1 lot size. The drawdown has been upto 7% at times so leverage warnings really need to be observed! Here is ...
- CyprusTrader replied Jun 5, 2011
Many thanks Steve, very useful, I have done quite a bit of programming in "C" and C++, MQ4 is not that different. My aim is always to keep functions tight to avoid spaggeti code. Unfortunately there are limitations in MQ4 that do not support a lot ...
- CyprusTrader replied May 24, 2011
Just my 2 cents, I would concur with that advice, you are asking for trouble and though the leverage looks low, in the current market conditions you could easily blow through your account. I am trading demo 100k with 10k lot size. Same as 0.01 on a ...