leo23's Posts - Page 35

Anyone Using Bitcoin Brokers? in New Traders Aug 01, 2017 at 06:27

It is not an actual hardfork as being discussed and had a long debate on this. Rather the new coin Bitcoin cash(BCC) is just another altcoin out there, but it uses the exact same code and same transaction history of the Bitcoin. It is being done by a group of BTC miners just for their own benefit from mining fees. Since BTC source code is opensource and hence, any group having large amount of BTC can copy it and claim to have a new coin. But it can't be called a real hard fork.In real hard fork the total number of coins will be divided in to 2 types of coins in each wallet. Here it is oppo...

Anyone Using Bitcoin Brokers? in New Traders Jul 31, 2017 at 06:31

As some of your probably know that the BTC price is expected to hit at least 50,000 per BTC and hence, trading with BTC is never going to be late.

Anyone Using Bitcoin Brokers? in New Traders Jul 30, 2017 at 06:49

Yes, we are also mainly focusing on cryptocurrencies. As we have posted in one of our threads, there is a lot of money to be made in cryptos in the future since it is just beginning of cryptos where Bitcoin has proven its potential.This is a good thread for crypto lovers. Now, the entire forex money will slowly start moving to cryptos and it may take long time of 10 to 20 years for the cryptos to become as large as forex, but it will be.There are more and more brokers accepting cryptos for deposit and withdrawal as well as allowing trading with cryptos in mt4.If anyone knows any more brokers ...

Febonacci Forex Robot V 2.5.2 in Trading Systems Jul 30, 2017 at 06:36

This account is running the same Febonacci Forex robot for quite long time during testing of the robot, but it was running with old version of our robot V.2.5.1. Today we have applied the new version V.2.5.2 to this account. Let's see.If anyone interested, he can contact us to our email "[email protected]"

Febonacci Forex Robot V 2.5.2(REAL Account) in Trading Systems Jul 23, 2017 at 06:25

Important Update:***************Keeping an eye on the upcoming market movements in Bitcoin and the huge trading opportunities we are developing a BTC robot to trade only the BTCUSD pair in mt4. There are a lot of money to be made in cryptocurrencies. It's like the whole money from forex market is slowly moving to cryptocurrency market and it will continue to do so.Now, at the current market capital of only 90 Billion USD for all cryptos, the trading opportunities are huge as compared to any forex pair or all forex pairs together. So when cryptos will start growing as big as forex, someone...

Febonacci Forex Robot V 2.5.2(REAL Account) in Trading Systems Jul 21, 2017 at 12:37

It didn't make sense..what do you mean by $20 investment? you mean account balance?We are talking about risk in terms of risk taken per pip and risk taken per trade compared to account balance. Whatever is the account balance it doesn't matter.

Febonacci Forex Robot V 2.5.2(REAL Account) in Trading Systems Jul 20, 2017 at 12:21

This is the same EA which uses key Febonacci levels to identify the entry points in the market and exits with stoploss and takeprofit using tight trailing stop. It uses improved and tight settings as compared to the previous version.It uses all major pairs and few minor currency pairs. It uses H1 timeframe.It is using high risk in this account and we are targeting approximately 10% to 20% per day of profit on average with maximum drawdown no more than 10%.If any trader is interested in this EA performance, he is free to contact us to our email "[email protected]" for more de...

What is your favourite Trade Setup in General Jul 12, 2017 at 11:10

Bounce back price patterns from TrendLines and Febonacci levels are some of the best trade set ups. You need to get a confirmation from Febonacci retracement levels for accurate trade entries.Also, same is applicable for TrendLines. Though there is nothing as a 100% accurate entry, but Febonacci trading can give almost 90% accuracy of trades with almost no drawdown if the entry is right at the right febo level and during volatile markets.

Febonacci Trading EA V.2.5.1(Priorfx Real) in Trading Systems Jul 12, 2017 at 11:07

This update is regarding the loss which happened on last Friday due to which myfxbook drawdown is showing high.Last Friday one particular trade was not closed by the broker at the respective stoploss which was supposed to close in profit and the platform was frozen and hence, it was finally closed in a relatively large loss. But later on the loss has been compensated by the broker.But myfxbook doesn't consider the compensation from the broker as profit and the lost trade was considered as loss which resulted in higher drawdown. So the loss is displaying as drawdown which is showing as 24% ...

Febonacci Trading EA V.2.5.1(Priorfx Real) in Trading Systems Jul 09, 2017 at 07:19

There is an update for all who are interested in this system::::>>>>>>If at least 30 subscribers will be interested to subscribe to this particular system, then we will make it available in signal start.If you are one of them interested to subscribe or copy the trades of this system, then please comment here. We will count the interested subscribers on daily basis and if it will reach at least 30 or more, then we will make the system available on signal start.

How long do you test you Manual Strategy before going live? in New Traders Jul 07, 2017 at 05:37

How long to test a manual system depends on which timeframe the system uses and how many trades it places in general. For a daily timeframe you should at least test it with 6 months with at least 200 trades. For lower timeframes the number of trades may increase and the time period of testing may also increase. The most important thing is backtesting which will save a lot of time in forward testing.

Show your profitable account here. in General Jul 07, 2017 at 05:36

This is a short live account performance of our new ea:https://www.myfxbook.com/members/leo23/scalping--day-trading-mix/2157461

Febonacci Trading EA V.2.5.1(Priorfx Real) in Trading Systems Jul 03, 2017 at 14:32

The Ea is now being tested in the following pairs:EURUSD, GBPUSD,AUDUSD,EURJPY,NZDUSD,USDCAD, USDJPY,USDCHFTimeframe used now M30. The Higher the timeframe, more accurate trades are generated and less number of trades are are produced.

Who can help me to trade? in General Jul 02, 2017 at 06:27

The most important thing is backtesting your system with sufficient amount of past history data. If you have not backtested your system and trying directly with one system to other system either in demo or live account, it is complete waste of time. Backtesting a system with "Forex tester" will save a lot of time may be years of research and analysis. Just take any mechanical system trading at least 4H timeframe or more and backtest it.For beginners the best thing is to trade on Daily charts so that everyday just open a trade at specific time with stoploss and takeprofit like a set a...

Febonacci Trading EA V.2.5.1(Priorfx Real) in Trading Systems Jun 30, 2017 at 12:04

The previous logic of momentum based entry has been restricted for the ea recently and Febonacci levels were added to the ea for trade entries which gave very good results and so it can be called a Febonacci system. But the problem is myfxbook is not displaying the total gain correctly. The total gain is definitely more than 100% since this week the system has already made +109.76%, but it is showing the total gain as +92.54% where as last week was already with some profit. So total gain was supposed to be more than 109%.

Febonacci Trading EA V.2.5.1(Priorfx Real) in Trading Systems Jun 28, 2017 at 12:55

While working with this system it seems to work better in scalping mode than day trading mode. We will continue to improve the system in scalping mode. The trading opportunities in day trading mode are very less and seem to be unreliable and not stable. But scalping is working fine so far.

Febonacci Trading EA V.2.5.1(Priorfx Real) in Trading Systems Jun 22, 2017 at 08:34

This EA uses one scalping system and one swing trading system. It mainly trades using the scalping system during high moving markets and uses a swing trading system during a low or medium moving markets.It can trade in all major currency pairs like EURUSD,GBPUSD, USDCAD etc or even minor pairs having low spread.This EA is available for fund management directly in client's mt4 account. Later on we may provide some other service to others. For now it is available only for fund management. Feel free to discuss or comment about the system performance to improve the performance. We continuousl...

Trend following System 1 in Trading Systems Jun 07, 2017 at 11:48

This system is designed to place trades only during highly trending market conditions in as many pairs as possible. So it generally trades only in one or two days of the week and rest of the days it stays quit without any trades. On trading days it places a huge number of trades along the trend and is expected to make up to 30% to 50% profit in one day with a equity protection of 50% always.Recommended account balance is 1000 USD for 0.01 lot. For now it is available only for independent fund management in individual accounts. This system can be offered in signal start if at least 20 subscribe...

EA Set 1 in Trading Systems Jan 18, 2017 at 08:05

This week is running so far okay with 54 trades and 34 pips of profit.

EA Set 1 in Trading Systems Jan 16, 2017 at 11:00

Users of our ea should make sure to stop the ea during the upcoming major news events this week on CAD and AUD pairs. If anyone wants to continue trading, then should carefully monitor the open trades.

EURUSD	1.04406	GBPUSD	1.2574	AUDUSD	0.62576
USDJPY	156.486	USDCAD	1.43589	USDCHF	0.8925

Posts by leo23