Scalp all the way...

that is why i short it me also

Hi Funk,

-36 275 $ of Drawdown... ? do you think it's normal ? if you have based your indicator and your logic of trading without stop loss....it's not good my frend.

Can you explain how do you have tested your indicator ?

Regards,
Gregv

Read back a few pages, dude.

This is how he blew up his live account...thus the reason he is working on the Demo Funds.

if you sell the indicator to 1£ maybe i buy it.

Another SCAMMER!! Welcome to the World of Forex...!

Probably it is my last post as 'FunkThatPunk' bans all his critiques... But what the hell...!

Anyway, be careful with this scammer who has cought a few good trades and then he was selling his useless indicator for a hefty montly fee...

Without at least 3 month's worth of MyFxBook VERIFIED track record at a reputable(!) broker, DO NOT trust any strategy (at least do not pay for it). You should have the patience to wait for at least 3 months track record before paying anybody. With Martinagale strategies you should wait for at least a YEAR, as Martingale strategies can go on even for a year before blowing up.

Above I have emphasized ** REPUTABLE (mainstream) brokers **, as there are many scammers who cooperate with bucket-shop brokers and 'handcraft' profitable Track Record to attract their victims. Anyway, ALWAYS demand a VERIFIED MyFxBook account link (at a reputable broker) before paying to anyone.

DON'T FORGET: Forex is a SWAMP full of alligators waiting for their victims... And don't be surprised if the victim were YOU. Sh*t happens....

this is your indicator? It is very similar but free

They call Funk a scammer. I laugh. We who believe his indicator works, they call us fools, idiots. But the fools are happy to be scammed. If Funks indie is d true face of scamming, then let the scamming go on.

so Martingale is now called Scalp ????
what is this ??

Thanks FunkThatpunk for working on the EA keep up the hard work. People he said he made a mistake and is working hard to get this EA just right so we can all benefit, so just relax and wait until he is done. Thanks again FunkTahtPunk for working hard so that we can have it easy.

not even worth 1 penny.big jack in the box

I think he better return money to the people who bought his indicator.
i saw alot of these scammer here in FF who want to charge people for nothing or in this case losing money.
regards
fred

my friend close all your shorts and look the montly chart it's gonna up alot your indi it's good but need to watch biger time frames have a nice day bro

What went wrong is you followed an indicator and missed the fact that Price was on a previous Resistance, now Support level, which you can see on your H4 chart. That is why when your indicator showed SHORT, price bounced of the now Support line and gone up. Because your indi and 99% of indicators are lagging you will only get the buy signal a couple of candles later at which stage it might be too late.

You might want to combine basic support/resistance levels with your indi. Remember that price don't follow indi's, but indi's lag price.

You had a solid streak for a while, but now you sit with a 50% + draw down. On demo account that's NP, but for someone with a live account that is not so good.

Perhaps fine tune your strategy before selling your indicator and strategy would be my suggestion.

Good luck though!

GUYS, read the thread properly from the first to the last page so that you understand what has been said before accusing funk for your losses which is completely unacceptable, you are responsible for your own losses, remember you are the one who pulled the trigger, you should also know that trading the forex is high risk. Keep the money Funk, you have earned it.

The martingale worked for me yesterday as I nearly trebled my 10k account balance, it might also work again today because the price action is hitting the daily resistance levels which may allow funk to recover from his losses.

Anyway, in my opinion funk’s indictors are better than most if not all because his indie’s are simple to use, they provide us with persistence of DIRECTION which is exactly what we need to trade. I would recommend trading 1 hour and 5 minute time frames as this gives us better direction and is less riskier, however the 4 hours and 15 minute time frame should also work, but you need to judge for yourself where you should place you take profits and stop loss (if you wish to stay safe), but some traders do not use stop losses or take profits because it is simpler for them to trade and because they have a better understand how the markets operate.

Nothing is for free so can you please stop complaining and start trading, what else do you have to offer as a trader besides your complaints and if you fail miserably, then try again, bottom line is funk has shown us proof that his way of trading can be very profitable, there are few different strategies which can be applied using funks indicators, you just need learn and figure out how you can apply them for yourself and profit from them the best.

Rememeber that Funk has multiplied his 10K demo account by 13 times, not many people can do that, but if you think you can do better, then please show us your results, so lets see how far he can take us, otherwise if people keep battering him, he will close the thread down.

Try to stay positive, you can always…. turn it around.

FUNK, I wouldn’t blame you if you decided to close this thread down.

Happy Trading.

P.s. So much for the ECB yesterday, not much movement at all there.

it will always be martingale!! for the bad and good things!!!but calling "Scalp all the way" to Martingale is almost cheating...