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FOREX-MHV Active Traders

  • #1
  • First Post: Apr 18, 2005 4:50am Apr 18, 2005 4:50am
FOREX-MHV got the 171322182723 formula and the DIMONX6 trading system.

I would like to know if there are any traders here that use these trading strategies and trade these actively. I know Fire Dave’s web site got good things to say about them.

Q1: Do you get consistent results with it.

Q2: Do you trade both strategies together if not which one do you trade.

Q3: How much time do you need to spend to trade it?

Q4: Are the result you are getting similar to the results publish on their web page?

Q5: What are their stop losses like and what percentage do you risk per trade?

Al info from active traders using these strategies would be immensely appreciated.

It would be great to get an updated discussion going on this.
  • #2
  • Apr 19, 2005 3:31pm Apr 19, 2005 3:31pm
Quoting RooiValk
FOREX-MHV got the 171322182723 formula and the DIMONX6 trading system.

I would like to know if there are any traders here that use these trading strategies and trade these actively. I know Fire Dave’s web site got good things to say about them.

Q1: Do you get consistent results with it.

Q2: Do you trade both strategies together if not which one do you trade.

Q3: How much time do you need to spend to trade it?

Q4: Are the result you are getting similar to the results publish on their web page?

Q5: What are their stop losses like and what percentage do you risk per trade?

Al info from active traders using these strategies would be immensely appreciated.

It would be great to get an updated discussion going on this.
I'd like to know all this as well. Thanks for posting.
  • #3
  • Apr 20, 2005 10:12pm Apr 20, 2005 10:12pm
Is anybody out there using the two systems?

thanks

Rex.
Chinese Forex Trader from China
  • #4
  • Apr 26, 2005 4:09pm Apr 26, 2005 4:09pm
Here are my results for this week.

I entered trades last night at 22.00 pm pst (this time was before the opening of the Eur market one of the recommended options). I trade 7 currency pairs eur/usd, gpd/usd, usd/jpy, usd/chf, usd/cad, aud/usd, nzd/usd. All trades were closed at 8.22 am pst this morning (using discretionary exits an option on the website but not one specially mentioned on the website). Total positive pips was 254 (1 lot per currency pair was traded). All currency pairs were positive ranging from 3 pip (usd/jpy) to 82 pips (gbp/usd).

Please note at this time I have not done enough testing to either recommend this product or not. I used the 171322182723 formula for the trades.

Thank you
  • #5
  • May 1, 2005 2:15am May 1, 2005 2:15am
Quoting pogibaby
Here are my results for this week.

I entered trades last night at 22.00 pm pst (this time was before the opening of the Eur market one of the recommended options). I trade 7 currency pairs eur/usd, gpd/usd, usd/jpy, usd/chf, usd/cad, aud/usd, nzd/usd. All trades were closed at 8.22 am pst this morning (using discretionary exits an option on the website but not one specially mentioned on the website). Total positive pips was 254 (1 lot per currency pair was traded). All currency pairs were positive ranging from 3 pip (usd/jpy) to 82 pips (gbp/usd).

Please note at this time I have not done enough testing to either recommend this product or not. I used the 171322182723 formula for the trades.

Thank you
Thank you very much for you contribution pogibaby. One day’s trades are not enough to judge a system but 254 pips is definitely impressive. Do you trade this system once a week or every day? How much time do you spend trading the system? Everybody here would appreciate it very much if you would be so kind as to keep us posted on how the system performs with every trading day. Look forward to hearing from you again.
  • #6
  • May 1, 2005 9:05am May 1, 2005 9:05am
That result's absolutly not enogh for the system!
We need to get the back test results at least for a year!
Men are born to succeed, not fail !!!
  • #7
  • Edited 2:32pm May 1, 2005 2:26pm | Edited 2:32pm
Quoting boost
That result's absolutly not enogh for the system!
We need to get the back test results at least for a year!
Yes you are correct, that is why I stated clearly.


"Please note at this time I have not done enough testing to either recommend this product or not. "

I am providing the information as I test on my demo account as each week is completed. If you would like to back test this system for a year, then you may do the back testing and then decide for yourself if it is as good product is good or not. The company post all over a years worth of results on their site. I do not have the capability of backing test, expect for manually, so I won't be doing that for you.
  • #8
  • May 2, 2005 3:54am May 2, 2005 3:54am
Quoting boost
That result's absolutly not enogh for the system!
We need to get the back test results at least for a year!
Great! Thank you for offering boost! When will you come back to us with a year’s back test results?
  • #9
  • Last Post: Edited 4:32am Jul 5, 2005 3:07am | Edited 4:32am
Well, you can't buy their systems, because it says on their site that "Forex-MHV is closed to new Subscribers". There isn't any order form... You can check it here: http://www.forex-mhv.com I wonder why...
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