aeronthomas's Posts - Page 51

Channel Trader PRO in Trading Systems Jun 25, 2015 at 06:47

I don't understand on the drawdown tab there is drawdown as high as 123% (May 2014), and negative equity? How is this possible on a real $ account (or even a demo account for that matter)?

HIGH HOPES in Trading Systems Jun 23, 2015 at 11:03

This is a good article which talks about the different levels of regulation in different jurisdictions, it's why I only use ASIC, FCA or US brokers. http://bostontechnologies.com/blog/types-of-jurisdictions-for-forex-companies I do see one of your other system is running REAL account with IC Markets, is this EA High Hopes not suitable on IC Markets? Also I see on msql signals you don't recommend this system as the trade duration is so short it won't work well in a copying environment. is it sold as a stand alone EA also? cheers

HIGH HOPES in Trading Systems Jun 23, 2015 at 10:39

EthicalTradingFX I had never heard of tier1fx.com and they have zero reviews on forex peace army, and also don't even show their spreads on the broker section of myfxbook.com so I wouldn't touch them (established only in 2014!) I only trade systems that are traded on ASIC, FCA or US regulated brokers, too many scams on Russian and other weak jurisdiction regulated brokers... I do see you recommended more well regulated brokers like Pepperstone and IC Markets would be interested to see this system run on those brokerages, with verified accounts etc. that would make the system more in...

The RVD Markets LTD company announces the initialization procedure of bankrupt in General Jun 23, 2015 at 05:06

I would never trade with a broker who is registered in British Virgin Islands, Belize, Russia, Cyprus, Malta, Seychelles, St Vincent and the Grenadines. Brokers use these countries usually as the regulations are not as strict as other jurisdictions. Only those who are US, UK or Australian licensed. Good luck to everyone involved in getting their money back.

HIGH HOPES in Trading Systems Jun 23, 2015 at 04:37

Yes I would like to see withdrawal also, as a Malta based broker doesn't really instill confidence...

VIPER EA (stopped) in Trading Systems Jun 23, 2015 at 04:22

now that this is trading at 5X risk instead of 10X, what sort of drawdown are you expecting for max drawdown? Also will this EA only work well in volatile periods or will it work okay when markets are less volatile?

News Trader and Session Trader Testing DEMO in Trading Systems Jun 20, 2015 at 00:35

Pepperstone Vs IC Markets Real spread widening in latest CAD news USDCAD was 18.6 versus 7.6, this spread widening is enough to trigger trades although in this case prices did move just over the 16 pips trigger set 10 seconds before news release. The citiindex demo lost 1 set of 3 trades not 2 sets of 3 trades so only one set triggered reducing losses, or did OCO work better on that broker, more research...

VPower EA - 20 pairs in Trading Systems Jun 20, 2015 at 00:24

well done keep it up!. My news trader demo did very poorly with the whipsaw on CAD news earlier, good CPI bad retail figures. all good research while on demo best way to use EA.

Viper EA 20x TW (stopped) in Trading Systems Jun 19, 2015 at 10:26

yes I love the myfxbook spread monitoring helps to narrow down brokers for further research. I have been monitoring for news trading.

Quantina Trading System in Trading Systems Jun 18, 2015 at 23:59

https://www.myfxbook.com/members/aeronthomas/news-trader-session-trader-testing/1271175I am 100% for NZDUSD next test is to go live. If you have a look at the discussion thread for that system (which is Newstrader, Session trader and High Low (you can filter trades by tag), you will see discussion around spread widening. Pepperstone seems to be one of the worst offenders so surprised you say the news trading works well with them on live? I am tempted to trial live with 0.01 lots on IC Markets I did demo with them and it was profitable but GP was more profitable so I went live with GP then f...

Ammy Scalper REAL Account in Trading Systems Jun 18, 2015 at 05:11

can you please unlock history please. If you are trying to sell an EA history should be unlocked. I notice your DEMO is on IC Markets, why not a real account on a well regarded regulated broker IC Markets real would be better. I would consider if sold on Clickbank, what out for Paypal they don't cover refunds on electronic goods like software.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 18, 2015 at 03:52

Just checked ASIC Regulated XM it was 10.3 JPYUSD and 12.7 GBPUSD during FOMC. total of 23 lower than IC little higher than Tickmill. Interesting to find out about execution speed and slippage for them versus IC.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 18, 2015 at 02:56

Just got the spreads for Pepperstone REAL of myfxbook compared with others below during FOMC.JPY/USDIC Markets Vs Pepperstone Vs Global Prime Vs Admiral Markets Prime Vs, Tickmill Vs ThinkForex Vs TradersWay6.7 vs 12.8 Vs 9 Vs 9.7 Vs 6.3 Vs 12.5 Vs 5.8GBP/USD19.3 Vs 28 Vs 18.7 Vs 17.8 Vs 14.9 Vs 15 Vs 23.5Total26 (Ic Markets) Vs 40.8 (Pepperstone) Vs 27.7 (GP) Vs 27.5 (admiral markets) Vs 21.2 (Tickmill) Vs 27.5 (Thinkforex) Vs 29.3 (Traders Way)Conclusion Ic Markets did the best except for Tickmill (not available Australian clients). Spreads for Pepperstone are their Razor account. Also Adm...

News Trader and Session Trader Testing DEMO in Trading Systems Jun 18, 2015 at 01:13

FOMC provided a good opportunity to see how spreads widened on IC, Pepperstone. Citiindex and Easy Forex have fixed spread so they didn't widen. Ic Markets vs PepperstoneEUR/USD 11.5 vs 21.9GBP/USD 19.3 vs 28.0JPY/USD 6.7 vs 16.1AUD/USD 10.0 vs 16.6In all cases the spread was higher on Pepperstone during release of FOMC, this is in the demo platform for Pepperstone, Live account for IC Markets. The next test will be slippage in live environment trading very small 0.01 lots to test the waters. Perhaps the plan will need to be to just avoid the very big news releases like FOMC and NFP to...

News Trader and Session Trader Testing DEMO in Trading Systems Jun 17, 2015 at 02:39

I have set up a demo for Cityindex.com.au and input price tolerance (ie. slippage control at 4pips). Will see if this stop trades from slippage i.e. getting poor entries however it may not close our trades also which means will have to be manually closed out or when slippage reduces (after initial news announcement momentum has faded). Interested to see what effect this will have on the strategy. the fixed spreads on cityindex.com.au are also much lower than easyforex although they don't have guaranteed stops. neither have any commissions.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 17, 2015 at 00:26

Easyforex made 3,5,5 pips on the GBP trades yesterday versus this Pepperstone test where the SL of 20 kicked in (too low, easy forex was set at 36). There was potential to earn even higher but the protective setttings of locking in profits with BE in case of whipsaw took trades out on EasyForex when price continued to drop for another 47 pips (the trades also closed at 1 second before scheduled news release on Easyforex (after entering 10 seconds before), Pepperstone activated 8 seconds before and taken out 1-2 seconds after release of news.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 16, 2015 at 04:17

Easyforex I am now trialing on demo. They have guaranteed SL on mt4 during news events it's 36 pips, outside news events it's minimum SL of 12.5 pips. For pending orders these must be placed 8 pips away from current price (my strategy is currently using 16 pips so that's fine). Currently been using SL of 20 or 25 will see if can cope with 36 pips, if it means less slippage and losses of 45 pips like was getting on GP with slippage. They have fixed spread also of 1.8 to 3 pips depending on account type for majors. There are no commissions or other fees (except swaps).

News Trader and Session Trader Testing DEMO in Trading Systems Jun 16, 2015 at 02:55

another lesson learnt today, AUD/USD is much hard to trade news as the liquidity it lower during asian session and whipsaw occured due to rather benign minutes from RBA. Lesson trade at reduced risk AUD news, and trade rate announcements (rather than minutes of meetings) less chance of whipsaws.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 16, 2015 at 00:48

Divisafx.com is NZ regulated so wary of them, not the best reports online. Activtrades the same terrible feedback on donnaforex forum. Shortlist to try is Pepperstone, Admiral Markets Prime, FP Markets, Hotforex, Rubix.

News Trader and Session Trader Testing DEMO in Trading Systems Jun 15, 2015 at 06:06

Still working out best broker for news trading... researching how much each broker widened spreads during Michigan Consumer Sentiment June 12th, and for June 11th Jobless Claims US. Results below:Admiral Markets Prime 1.6 (consumer sentiment) 4.5 (jobless claims) total 6.1Activtrades 2.2 / 4.0 total 6.2FPMarkets 2.8 / 6.5 total 9.3FXCM 2/12 total 14FXOptimax 1/13 total 14FXPig 2.2/4 total 6.2FXPro 2.2/3.2 total 5.4Global Prime 1.4/4.5 total 5.9Hotforex 1.1/2.4 total 3.5IC Markets 0.6 /2.4 total 3LMAX 5/20 total 25 (terrible)OANDA 7/14 total 21 (terrible)Pepperstone 0.8/4.5 total 5.3Rubix 0.8 ...

EURUSD	1.0865	GBPUSD	1.30472	AUDUSD	0.67161
USDJPY	149.244	USDCAD	1.38046	USDCHF	0.86486

Posts by aeronthomas