Jazz Live debuts

you have not answered questions 1 and 2 which are important

@topgun Jazz is a trading system and not a automated EA. So every trade is still a manual trade. The Jazz trading system is a system coded in C/C++.net with over 9000 lines of prgraming code running. The system has nothing to do with automated trading that some EA do. What it does is evaluate forex every 15 minutes and find trends and pairs best trades and sends them to us. We take them manually on our account and then that gets sent to your account via a trade copier EA which we are using from ea-coder.com. You can read about the system on system page of our site. Explained there. What did we promise? We offered a system with design profile of 1.5 to 3.5 on SQN and max DD of 25%. That is still what you are getting on subs real account. Yes 15% DD happened at both Aug and July end. Both times it was trade outside Jazz but trading param is very much as designed. There are times in trading when you see specific opportunities to trade outside of Jazz and we can take them if investment thesis is not being crossed. So to you answer whether we can trade outside Jazz at times? "Yes if we see an opportunity that we know Jazz may not see". But will we take the risk if trading SQN will be lowered below 1.5 - Then "NO".Will we take the risk if DD goes above 25%? Then "NO". But in near the future there is no such proposal to take a single trade outside Jazz as both times we took trades outside Jazz resulted in a 15% DD. Maybe a few months later we may see if it works again to take a few trades outside system and this time we will let you know before we take them.

Hope you are answered

Pipvantage

thanks for the answers

just to finish off....you say you trade demo and not live as you are in India and trading from India is banned........how then have you become rich from Jazz as you also say on the site ? If you have become rich from it you must have traded it somewhere so there is a way to have live acct to show us not demo.

You also answer me that on your site you answer why account is not verified....i cannot find the answer, can you show me where?

thanks

@topgun I dont need to tell you every tiny detail of my life. If you want to trade, join else its fine. Why dont you just read the FAQ on the site? retail trades all but 5k to 10k and you want to see a 15 mil account? Read the FAQ again where we say about publishing our statements and conditions for it. We will not be able to help each and every one of retail traders with all but ~5k to trade and see our accounts. The deal for you is a trading system with a SQN of 1.5 to 3.5. Thats what you get. You dont get to peek into my life and accounts.

On verified account: http://www.fxblue.com/users/jazzforex
I somehow cant get myfxbook to connect to the server. So i published on fxblue which has even more stats and trading metrics which you can use.


If you have questions regarding the trading system, feel free to ask else lets leave the thread alone.

The best way to discuss and answer questions which are extraneous to the trading system can be answered via:
skype: forexjazz
email: [email protected]

We have built up a sizeable community on skype now so come join over there and discuss. Leave the thread to discuss backtest and live trading system. Questions like where I made my money, how being in In dia I made money and where I went to school and about parents and my grandparents can be best answered via email and skype if you get the drift of what I mean.

Volatility dipping on the meter and therefore no new trades. Looks to be a jaded Asia as we wait for London. Jazz does not trade when vol is dipping. The imp thing to note is that Jazz can trade thru low volatility and high volatility but if the volatility is dipping or falling even at high volatility, jazz will not trade. Its not the volatility value itself that matters but the dip that matters.

New trades:

GBPCAD

Trade being evaluated for entry is AUDUSD.

http://copier.jazzforex.com

Trades on copier:
GBPCAD
AUDUSD


Yen showing silent signs of strength but low volatility keeping it DOWN for now.

Latest post: http://jazzforex.com/forexwall/jazz-...rength-update/

EURJPY is a new trade added

http://copier.jazzforex.com

what price did you get into GBPCAD ? and long or short ? where can we follow ?

@topgun trades prices are not shown to you. What is the point of showing freely while we charge our subs. GBPCAD is bearish as per Jazz. Entry need to be managed by you. Find a entry between 1.8040 and 1.8080 with a stop at 1.8095 and target well under 1.7950

understood. just thought you were posting trades here for a reason. And i will stay out of Short GBPCAD as it looks like its been going up all morning, but will watch with interest. thanks.

audusd is a good long trade. Entry between .9320 and .9340 for target above 9390. Aussie has on a strength mode on Jazz AWTS.

Stops tightened on AUDUSD longs. It is setting up for move with volatility slowly picking up. Big bar is coming......
USDCAD is another trade added to the watch list.

CAD on Jazz AWTS is at 0.1 from lows of 0.01 so pickup in strength.

again some "custom" trades? Instead I think your system is really volatility dependent so July and August was perfect months also will be December I think, we will see end of September.
Also I think your idea to suspend signal for MAM is a really bad idea; I want the full control on my account and like me many others so I would not join to any MAM.
Regards

This is a verified link because of the issues we faced on synching with myfxbook

http://www.fxblue.com/users/jazzforex

fxblue has better metrics to compare. esp MAE/MFE etc.

I am also very upset they have experimented with trades outside of the system. For them it's just a demo account and play money, for me and the rest of us it's real money. The system will lose every now and then, that's fair play - this was not. Let the system trade in the future, and do your own
speculative trading on your own accounts.

I am getting a little uneasy about this system, last week was just a break even week (until hell Friday). I too hope it's not an optimized system that now is starting to fail as the markets starts to pick up volatility and change behavior.
It's starting to look more and more like it though, the downfall continues today.

I advise any new user to wait for at least a few weeks and see what happens. It can save you a ton of money.

Pipvantage can clients change lot sizes ? as i see on myfxbook you are down another 3% today (day is not over i know) so maybe its just a case having smaller lot sizes if we want smaller % moves (up and down)

@Cranberry........i have to agree. Whilst on some other forums there are more hysterics and accusations, some of the points I think are fair to be asked, mainly why is it a demo (on the website it says its because they are in India and are not allowed to trade which i understand is correct....but if they trade live as they say they do then they must have found a way around it and could post a live account).......anyway as you suggest lets see the next few weeks will be interesting to see if Pipvantage is correct and it recovers well. Even if it does I for one would be subscribing with smaller lots

Yes, I have read that too, and they raise valid questions. All new users should do their due diligence before signing up.
And to us current users we should all reduce risk for the time being.