ForexEnvy's Posts

Forex Envy Power Long (old) in Trading Systems Jul 30, 2014 at 13:19

You can adjust the risk of this EA very easily to control DD if you think our DD is too high. You can also set a open DD limit to prevent a margin call too so risk is scalable. No EA is perfect, but I can say our EA is one of the few that has made good profit over the last 2 years which most EA have failed to do. I'm sure with your expertise can see the value of this.

Forex Envy Power Long (old) in Trading Systems May 29, 2014 at 15:03

Yes, we sell this EA. Please visit our website at www.forexenvy.com

Forex Envy Power Long (old) in Trading Systems Jan 10, 2014 at 15:15

It is a cent account. We have a PAMM with IC Markets that has $18,000 USD of our own money which should tell you we have believe in our system and trade it with our own money.

Forex Envy Synergy PAMM (archived PAMM no longer being traded)) in Trading Systems Sep 25, 2013 at 02:20

We only had one event that resulted in a crash with our Long Cycle pairs in late 2012. Other than that we have been been stable. The accounts that crashed had well over 100% ROI when the event occurred (I think the ROI was around 300% or so), and our current accounts have between 126 and 360 percent growth depending on the mode. That isn't too bad for 2 years of trading.Regards,Team Envy

Forex Envy Synergy PAMM (archived PAMM no longer being traded)) in Trading Systems Sep 24, 2013 at 17:56

We update our account every 24 hours. We no longer delete accounts permanently even if they receive a margin call. If an account fails for any reason we will keep the account on myfxbook as a reference. Our Phoenix PAMM account cannot sustain an open dd of over 23% because of the capital management system we are using.Regards,Team Envy

Forex Envy v3.2 Ultra/Power in Trading Systems Nov 10, 2012 at 15:58

Gordongeiko: We recommend everyone who is starting with Ultra Mode run it with a cent account first to get use to how Ultra trades. You can start a cent account with $20-$1,200 and make the same return.I am sure in time members will begin to trade Ultra with standard accounts once they feel comfortable running Ultra Mode. No one should use this strategy with all of their investment capital for obvious reasons. We recommend using 3-15% of your investment capital with Ultra Mode.Yaronrosin: Version 3.3 (with Ultra Mode) will be released this month and it will be free to all new and existing Fore...

Forex Envy v3.2 Ultra/Power in Trading Systems Nov 09, 2012 at 16:46

That is correct. All of our demonstration accounts are cent or micro accounts based on a contract size of 1000 units per lot.Most EAs only show performance with backtesting which can be easily exploited. Fewer use Forward demo (fake money) tests. We choose to use REAL MONEY for our Forward tests. The reason we use cent accounts vs standard accounts is simple. WE NEVER MAKE WITHDRAWS FROM OUR DEMO ACCOUNTS. WE LET THEM GROW AND LEAVE THEM ALONE, so the money we place in them is throw away money. We will never see our initial deposit again. So why spend $100,000 on standard accounts for all of o...

Forex Envy v3.2 Ultra/Power in Trading Systems Nov 09, 2012 at 07:09

Our refund policy is for 30 days. I am sorry if you experienced a loss after your first month of profits. I do believe in my system. Why else would I place $58,000 into our PAMM? Because I don't trust my system?Forex in general is high risk. Our system has good returns, but like any other EA on the market it has risks. Robert

Forex Envy v3.2 Ultra/Power in Trading Systems Nov 08, 2012 at 17:23

I'm sorry to hear about your loss RHMJ. We have created a new PAMM with a zero performance fee to try and recoup some of the losses our PAMM members experienced. We started the account with $57,000 of our own money.With Ultra we recommend using no more than 15% of your investment capital so no matter what happens in the market you will never lose more than 15% even if you do not have a chance to withdraw any profits.Regards,Robert

Forex Envy v3.2 Ultra/Power in Trading Systems Nov 03, 2012 at 07:12

Ultra Mode definitely has a "wow" factor, but keep in mind it is a high risk strategy the MUST be used in conjunction with proper money management. Withdraws several times a week will probably be necessary when using Ultra Mode. We also do not recommend anyone use Ultra with more than 15% of their entire investment capital because this mode is so aggressive and caries such a high level of risk.Ultra will be included in Forex Envy version 3.3 which will be released in November, 2012.Regards,Team Envy

Forex Envy v3.2 Ultra/Power in Trading Systems Oct 26, 2012 at 16:12

The Ultra strategy uses forex Envy's version of gorilla tactics. We get into the market when it is sideways, and get out before major news moves the market outside of its range. This strategy should not be used with more than 15% of your trading capital in my opinion.One thing I am concerned about regarding the Ultra project is someone placing a large percentage of their investment capital while running Ultra Mode and blowing their account. We are currently working out the settings and creating a special users manual for Ultra so this strategy can be utilized properly.Regards,Team Envy

Forex Envy v3.2 Ultra/Power in Trading Systems Oct 18, 2012 at 17:27

You are right. On a long enough time frame ALL OF OUR ACCOUNTS WILL FAIL.I think you are missing the point. Our objective is simply to average over 100% returns between account failures. If we can accomplish this we are a profitable system.I think you need to read our website again under the strategy section: http://www.forexenvy.com/our-strategy/This is clearly stated.-Team Envy

Forex Envy v3.2 Ultra/Power in Trading Systems Oct 18, 2012 at 16:13

So you are posting an account that made 1,600% growth and saying it was a failure?!?With our strategy we only need to make over 100% returns and at that point all the rest of the returns are pure profit.Don't you understand that we always recommend making weekly withdraws of all profits made? We do not do this with our demonstration accounts because they are for demonstration purposes and we want to show better growth by compounding profits.A lot of people are using fake copies of Envy and blow their accounts or choose to run really high risk. You cannot hold that against us.This is versio...

Forex Envy v3.2 Ultra/Power in Trading Systems Oct 18, 2012 at 15:10

If you knew anything about Forex Envy you would know we have a very specific money management system and we never recommend anyone run our system with all their capital or not to make regular withdraws. This is clearly detailed in our Members Area and in our strategy page: http://www.forexenvy.com/our-strategy/If you think we are the same as forex hacked, then use forex hacked. You will not get the same results.-Team Envy

Envy Faith in Trading Systems Sep 17, 2012 at 19:55

I am running Long Cycle NV's.I am probably going to transfer the money from this account into a new PAMM I am building... at least it made 10% ;)Robert

RR PAMM in Trading Systems Sep 10, 2012 at 15:18

This is the issue:If your balance is increasing rapidly (lots of new deposits) and you need to change your set files using 2.1 you NEED to close the existing trades before loading new settings if you want all your baskets to look perfect.If you simply load set files over your existing settings you WILL get a strange trade or two. This does NOT mean your account will blow. If you don't like having an out of place trade when upgrading set files then PLEASE CLOSE YOUR POSITIONS BEFORE LOADING NEW SETTINGS and you will not have this issue.I recommend using the FATP and as soon as your position...

Forex Envy Power Edition in Trading Systems Apr 30, 2012 at 13:13

We recommend starting with $240 or more if you are running Power with a pico account.Please email [email protected] if you have any other specific questions.Regards,Team Envy

Forex Envy Power Edition in Trading Systems Apr 16, 2012 at 21:42

It's not strange... The DD was not being calculated correctly. We just deleted the old account and started a new myfxbook account. It is the same MT4 account.- Team Envy

Forex Envy Power edition in Trading Systems Apr 15, 2012 at 06:43

Our Power edition only works with Envy 3.0.Version 3.0 will be out next month.Regards,Robert

Forex Envy Power edition in Trading Systems Apr 13, 2012 at 13:34

It doesn't need 1000:1,really anything over 200:1 is good.Regards,Robert

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