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tneedham
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Forex Envy Power Edition
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Sep 14, 2012 at 02:11
I was using recommended settings and all my accounts and my nephews accounts blew up today. Something definaatly not right.And it's been 17 hours since the stats have been updated.. I'd like to know what they look like now..
Forex Envy Power Edition
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Sep 13, 2012 at 17:07
And another BOOM! Just lost another account! And this is with 1000:1 levarage! Something seems to be badly broken..
Forex Envy Power Edition
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Sep 13, 2012 at 16:40
Boom! One of my Nephews accounts just blew out with $232! I guess the minimum ballance sould be $250.00
Forex Envy Power Edition
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Sep 13, 2012 at 12:47
Warning! Don't make a deposit to Liberty Reserve for Tradefort. That system is down till further notice. They don't know how long it will take to restore. I'm out of a hefty commission to make the deposit to Liberty Reserve because they didn't bother to tell anyone about it ahead of time.
Forex Envy Power Edition
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Sep 13, 2012 at 06:41
Poorly Coded? If you have suggestions on improvements.. Please let them know..
Forex Envy Power Edition
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Sep 13, 2012 at 06:40
That may have been FEPE or a commuication Error.. They do happen from time to time. I've seen trades pop up in pairs that I don't even trade. It's rare but it does happpen once in a blue moon. If that happend on my account I'd call the broker and try to get it resolved..
Forex Envy Power Edition
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Sep 13, 2012 at 01:32
Current Ballance is $3.73 LESS than the High! Very unusual for FEPE to lose money! Anybody know where it went? I didn't loose any money today on any accounts. I'm running 4 for my nephew and one for me.. (I crashed my others trying to speed things up manually trading.. It's hard to keep your fingers out of the cookie jar!.) I don't manually trade his though. But I did have to move some money from the healthy accounts to the stressed ones to keep them from stoppout. Ok checked the log and they took a bath on the NZD/USD. It has since come down so the bailout seems to have been p...
Forex Envy Power Edition
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Sep 10, 2012 at 12:32
You could run at .5 risk. And if you want to really be safe turn all the short cycles to Freeze after take profit.. Till you get back to 18K.
Forex Envy Power Edition
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Sep 07, 2012 at 20:54
If you are being scammed by a broker why are you not telling us which broker is scamming you?The whole purpose of this forum is for us to learn from each other.
Forex Envy Power Edition
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Sep 04, 2012 at 15:40
http://umeku.com/fx/basketExposure/ is the link to the basket exposure indicator.
Forex Envy Power Edition
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Aug 26, 2012 at 11:48
It seems to be using the default settings. Certainly not using higher risk.
Forex Envy Power Edition
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Aug 23, 2012 at 10:27
My nephew had one account that blew out due to it accidentally being turned off for a half day. The software tried to compensate but it was just to late. One more reason to have a VPS so you don't have people clicking where it's gonna cost ya.
Forex Envy Power Edition
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Aug 22, 2012 at 23:15
It is approved for live trading for cents accounts. They don't want anyone risking any serious money on it till they are sure they have all the bugs worked out. They did say shortly they will go live with the standard accounts. Think about it, Not all the people that buy this software are nice people some of them might not mind killing people at all. You wouldn't want to piss them off by releaseing software prematurely and costing them a bundle. That wouldn't be to healthy.
Forex Envy Power Edition
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Aug 16, 2012 at 22:26
Today! My nephew's accounts are sligthly larger in size to this one and they made $11.72 today and this one made $4.77 with the same settings, His is split up into 4 accounts so it's making almost 2.5X the ROI. Can't wait to see what 6X will do!
Forex Envy Power Edition
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Aug 08, 2012 at 00:45
FE depends on a bit of regression every now and then. The yen sometimes makes significant moves without any significant regression. That's why they recommend withdrawing profits every now and then. Just incase that happens. The one a few weeks ago got one of my overleveraged accounts and it wasn't over leveraged by very much either. If I had turned the settings back just a day sooner I would have survived that one. I don't know how the Negative Balance Protection feature will work but I do know it'sserver based so if you are using more than recommended settings it won't do ...
Forex Envy Power Edition
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Aug 02, 2012 at 00:26
I have found a safe way to increase your ROI.. Just split your account into 3 as long as each is at least $180.00. That efectively triples the market movement and since Forex Envy uses more conservative settings with larger accounts you don't get the same return for a 3X larger account. I tried using a $5 million dollar demo account and the base lot size was only .05 lot. So if you want to make serious money the more accounts you run the more you'll make. Tim Needham
Forex Envy Power Edition
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Jul 26, 2012 at 21:04
I found out the hard way it's best to just stick with the recommended settings. Sure you may get away with more aggressive settings for a while but sooner or later a long steady trend is gonna get ya. Tim Needham
Forex Envy Power Edition
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Jul 13, 2012 at 20:55
The 5 million was a demo. the others are real but like I said earlier. I wouldn't recommend those settings with any other broker than Tradefort and 1000:1 leverage. The tradeing terms they use are VERY well suited to PE. Unfortunately they don't accept any new customers from America. Seems like everyone wants to know what settings you are using though? Tim Needham
Forex Envy Power Edition
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Jul 13, 2012 at 16:36
I've been getting good results with PE using risk factor of 4 on long cycle and 2 on short cycles with all the freeze after take profits and news filter options turned off. That huge retraction made me quite a bit of money and actually lowered my drawdown.I also ran a demo account at 5 million and noticed that it trades like a MUCH smaller account. So if you have a really large account you can pretty much safely trade at risk level of 5 it seems. Tim Needham
Forex Envy Power Edition
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Apr 23, 2012 at 14:01
You might get away with .02 but if you use .05 I can pretty much guarentee your account will be toast today or tomorrow.Sure you'll make more money but your drawdown will go up faster than your profits..
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