jfx scalping (By to_ul)

The user has deleted this system.

jfx scalping Discussion

Aug 05, 2009 at 10:22
1,511 Views
19 Replies
Member Since Aug 05, 2009   73 posts
Aug 12, 2009 at 14:10
Fully Automatic.

Combination of different scalping strategies.

Trading EUR/USD, EUR/CHF, EUR/GBP, USD/CHF and USD/CAD during Asian Market.

Not trading on Monday, Friday, start and end of the month.

Not risking more than 10% per trade.

Aiming for 20%-30% monthly.
trading is passion
Member Since Jul 31, 2009   29 posts
Aug 12, 2009 at 14:16
Nice..have you tested it on a real account?
If it moves up and down, and I can sell and buy it, I'll trade it!
Member Since Aug 05, 2009   73 posts
Aug 12, 2009 at 14:19
not yet. i want to forward test it,
and after that i plan tol go live with jadefx.
however best would be fxcm uk i think.

so far it looks pretty good.
trading is passion
Member Since Jul 31, 2009   29 posts
Aug 12, 2009 at 14:29

to_ul posted:
    not yet. i want to forward test it,
and after that i plan tol go live with jadefx.
however best would be fxcm uk i think.

so far it looks pretty good.

Yes I agree, the results look excellent.

How long have you been developing it?
If it moves up and down, and I can sell and buy it, I'll trade it!
Member Since Aug 05, 2009   73 posts
Aug 12, 2009 at 17:08
its not developed by me. its just a combination of expert advisors.
it took few weeks to find them and changing settings.
i forward tested them on several brokers the last months.
trading is passion
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 13, 2009 at 00:07
June/July was very quiet. The conditions for those two months were a bit abnormal. Usually USD index moves about 4 points a month, and for June/July it moved 1 point.

Might make sense to test it in volatile periods as well, just to be sure.

But those are very good results.
Member Since Aug 05, 2009   73 posts
Aug 13, 2009 at 06:59
yes you are right, june and july were abnormal. anyway i think its even working better in those conditions we had the months before. the question is what will the next months be like?

its pretty hard just to demo, i would love to go live right now, but i want to be sure its really working.

+22.46% in 2 weeks is pretty good. the aim is 30% / month so if it is trading like now, a loss would not hurt.
trading is passion
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 13, 2009 at 07:50
Go live on a smalll amount. IBFX be good for that. I'm trading 0.01 lots with them....
Member Since Aug 05, 2009   73 posts
Aug 13, 2009 at 07:58
i was live with a micro account on liteforex last 2 months ($10). blew it yesterday with manual trades.
the performance of the system was good and gave profit.
i want to go live with an stp brokerage, and so far jadefx shows good performance.
another broker would be fxcm uk, atcbrokers, etc. however those min deposits are too much for me.
trading is passion
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 13, 2009 at 08:01
STP?
Member Since Aug 05, 2009   73 posts
Aug 13, 2009 at 08:06
A 'STP Broker', where STP means 'Straigh Through Processing' is just another term for a NDD Broker.
no Dealing Desk, broker doesnt act as a counterparty in trades. (requotes, sl hunting, etc.).
most mt4 brokers are market makers.
trading is passion
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Aug 13, 2009 at 08:11
IBFX sends straight through I think. Have a look at them, been trading with them for a while and they're generally quite good.
Member Since Aug 06, 2009   397 posts
Aug 13, 2009 at 14:50
to_ul very good results.. mind giving some clues on the experts you've combined ? <img src='https://static.myfxbook.com/images/smiley.png' alt='😄'/>
Sleep is for the weak.
Member Since Aug 05, 2009   73 posts
Aug 13, 2009 at 16:10
i wont disclose this information here.
trading is passion
Member Since Aug 05, 2009   73 posts
Aug 13, 2009 at 16:16
dont get me wrong.
those are the 2 most hyped eas right now.
just tweaking some settings.
trading is passion
Member Since Aug 06, 2009   397 posts
Aug 13, 2009 at 17:24
no problem.
Sleep is for the weak.
Member Since Aug 10, 2009   33 posts
Aug 17, 2009 at 08:32
I've been demoing the same EAs (I guess) at JadeFX for about a month now. Think it is 49% gained. I'll add the account when I get home.

I will start trading one of the EAs live today with a kind of live test at JadeFX with a small balance of just $500. Don't want to risk more with this new broker.
Never interfere manually in trades by a automated system
Member Since Aug 05, 2009   73 posts
Aug 17, 2009 at 10:50
yea, would be nice to see your results with those eas.

i plan to go live with jadefx in about 2 or 3 weeks. i am really impressed so far.
trading is passion
Member Since Aug 10, 2009   33 posts
Aug 17, 2009 at 15:37
Added the account now, named it JadeFX Demo plain and simple :)
Never interfere manually in trades by a automated system
Member Since Aug 06, 2009   397 posts
Aug 17, 2009 at 16:11

someguy posted:
    Added the account now, named it JadeFX Demo plain and simple :)

Looks great!
I see there are some skillful trades in here..added to my watch <img src='https://static.myfxbook.com/images/smiley.png' alt='😄'/>
Sleep is for the weak.
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