I came across this new EA recently that I thought you might be interested in. The site looks a bit tacky but the EA ’s performance is outstanding. The EA is called Eakain Scalper Pro and there is an account at Forex Peace Army below (click to see results):
Like all EA’s this will need to be tested on demo for a while, however it looks really promising. If anyone has this EA I would be interested to hear from you.
More information is revealed today. For the next few days they are giving us a detailed PDF that explains more about the Forex Robot World Cup. This is a good opportunity to print the PDF out and read it over the weekend. Regardless of all this marketing the actual software here is genuine and should really kick off your Forex trading this year. Personally I’m very excited about this.
I found a small nugget of information regarding The Forex Robot World Cup at the Forex Peace Army website regarding the legitimacy of the Expert Advisors. You can read about it here:
13 FAP Turbo trades for a profit of 69.6 pips (£235.80).
We had a good week with FAPT. Would have made at least £70 more had my Scalper_CustomLevels been set to false on both Wednesday and Thursday. For one reason or another it was set incorrectly. I thought at first Alpari UK was messing with my trades and had to verify my settings. For the record Alpari UK was not messing with my trades!
I trust everyone had a good week. The USDCAD trade looked a bit hairy last night but came good as usual. The EURUSD is just dumping itself at the moment. Scary stuff!
If you haven’t signed up for cash back you must checkout Cash Back Forex. I have been using them for several months now and highly recommend them.
There is now an FXCM interview. FXCM is a popular brokerage firm and has international offices.
I would recommend the UK office. Not only is London not effected by many of the new rules & regulations brought in by the NFA such as the ban on hedging, but you can also sign the account up for cash back and get back your cash lost in the spread of each of your trades.
The Forex Robot World Cup probably hasn’t passed you by. It’s the next big Forex launch. You’re inbox is probably already full!
Is this launch any different from all the other Forex offers?
I’ve been closely following the EA’s and monitoring their performance myself. These EA’s are soon to be released to the public and I recommend getting on board. I think this is an opportunity for the little guy to get their hands on some great software that will make money. I don’t often advertise these offers because most of them are rubbish. This one on the other hand is genuine.
The launch date is Tuesday Feb 16th 2010. I will update here as I learn more about these EA’s.
16 FAP Turbo trades for a loss of -73.6 pips (-£160.98).
Good trades on the EURCHF and USDCHF.
Many of you may not have had the losses this week, however my slightly reduced stop loss caught a few high and low spikes. Also to add to my frustration I set up my higher risk USDCAD to start at 20.00 on Wednesday by accident and had two nearly identical trades open and sadly fail.
I’ve a nice tip for the USDCAD pair that has worked for over a year now. If you’re interested drop me an email.
11 FAP Turbo trades for a profit of -3.8 pips (£72.22).
Had one USDCHF loss this week. Thankfully the rest of the week paid out nicely.
You may want to check my settings page since I’ve updated it to trade the EURCHF pair again. I encourage you to run a demo account beside your live accounts. This way you can monitor good periods of trading from the different pairs.
I had negative pips this week with a positive cash balance. Always seems a bit wrong that. One reason this occurs is when you have high pip, low lot trades that lose and low pip, high lot wins.
So far the year has been a winner. Lets hope the rest of the year is just as good as we dive deeper into this recession.
Do yourself a favor and sign up for forex cash back and reign in some of that lost commission/spread you pay for in each trade.
8 FAP Turbo trades for a loss of 23.2 pips (-£42.20).
1 large USDCHF losing trade sucked the life out my profit this week.
Had no USDCAD trades on Tuesday and Wednesday even though my other Alpari accounts did and were profitable. With these 2 extra trades we may have not had a losing week.
MegaDroid has been on a roll for the past month. It’s still going strong.
If your not getting cash back on all your trades yet, see below.
