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EUR-FOREX Managed (By eurforex )

Gain : +723.89%
Drawdown 42.06%
Pips: 8569.1
Trades 1292
Won:
Lost:
Type: Demo
Leverage: 1:100
Trading: Manual

EUR-FOREX Managed Discussion

nickwake
Nov 04 2011 at 11:14
23 posts
Yep, no doubt over that, the demo does reflect live
Macgyver75
Nov 04 2011 at 11:17
36 posts
Well a question to EUR-FOREX:

what about a Greek bankrupcy ? Any risk of a FXCC bankrupcy (it is a greek broker, or isn't it ?)

regards
eurforex
Nov 04 2011 at 11:26
23 posts
Hi,
They are cypriot based.
In event of broker insolvency you are covered to €20,000 under FSA compensation scheme.
Macgyver75
Nov 04 2011 at 11:34
36 posts
ok thanks ! 😁😁
Macgyver75
Nov 07 2011 at 21:23
36 posts
continuing to lose...
nickwake
Nov 08 2011 at 14:55
23 posts
And losing some more 😞
Trader77
wasimz
Nov 09 2011 at 08:01
17 posts
im very interested to see how the system now will re-act!
Trader77
wasimz
Nov 09 2011 at 08:01
17 posts
i want to open a managed account with eur-forex ! i wish they can reduce the lose in this month !
Macgyver75
Nov 09 2011 at 08:09
36 posts
How long will it take to win again ? I don't believe it !

4 months without more than 2 days of loss, then I begin with this live account on November the 1st, and then 5 days of loss !!!

Beginning with 1030 $ and now 910 $ in a week. (-120 $). -12 %.

what such a good start !

At the beginning, I thought it was the G20, but it continues. What is then going on ? only

??????????????



nickwake
Nov 09 2011 at 08:23
23 posts
Yes, getting paranoid here about these guys. They heavily marketed the 'must sign up before Nov 1st when we out our minimum deposit up' then it goes good a couple of days and since then totally awful. It's as if their key trader has left and they were trying to sign up as many new people as possible in order to squeeze out more new account sign up bonuses from the designated brokers.

Some of the trades taken did not look good, many attempts to enter at the bottom of ranges against confirmed very solid support, and the result, repeated large losses. For me I began with $1009, now $918. This is a big hole to climb out of now. Do not believe it to be G20 etc either, if conditions are so difficult then is the wisdom not to simply stay out of the markets until things are clearer?

I think as statement from Eur Forex about their situation and particularly if there have been staff or strategy changes is needed.
Trader77
wasimz
Nov 09 2011 at 11:12
17 posts
Look man, believe me there is nothing called risk free in the real trading ! i know a lot of money managers hit margin calls in the last two weeks, i think the risk management is still acceptable for now (we r still under the 25%)! as i said earlier lets just wait and see the re-act !
im sorry for your loose but still i think there is time to recover.
nickwake
Nov 09 2011 at 12:52
23 posts
Easy to say from the sidelines, another 100+ pips just lost on buy trades after the 100+ pip drop in EU was not traded. My main concern is that the pattern of their trading has changed - look back at trades before this period, a lot of shorter trades, smaller pips, steady gains. I trade with a signals service as well (Vladimir Rs) and have taken +200 pips in the last week. I am not bailing out yet but you have to admit that to see an account lose over 500 points in a week is very bad especially when compared to how they did before. I also note no comments from Eur Forex on here where before they were quick to reply to questions. As i write 3x sell trades in play and reversing upward.
Macgyver75
Nov 09 2011 at 13:03
36 posts
Yes, I think it seems to be very strange.
nickwake
Nov 09 2011 at 13:06
23 posts
Like the main traders went away and left the tea boy in charge armed with a basic manual on support and resistance trading, or they just plugged some bad EA robot in and went on holiday!
eurforex
Nov 09 2011 at 13:10
23 posts
Guys,
We would appreciate if you did not over analyse every trade we make. Our core strategy is not changed, same traders.
Yes, November is -10.8%, there are many trading opportunities in front of us.
Please take longer term view than a few days, it is really necessary in Forex.

Thank You.
Eur-Forex
Trader77
wasimz
Nov 09 2011 at 15:03
17 posts
I think i have to agree with u in the comments issue ! i think EUR-Forex ppl should by more attention on this discussion and try to discuss the trading startegies more specially when they are losing !
Trader77
wasimz
Nov 09 2011 at 15:03
17 posts
i think its good to rise up questions and u (eurforex) give us resonable answers, Thanks all
meir5185
Nov 09 2011 at 22:18
3 posts
I don't mind what you (all) post, I'll wait more two weeks and see what willl be.
Trader77
wasimz
Nov 10 2011 at 07:21
17 posts
glad to see that profitable trades :)
Macgyver75
Nov 10 2011 at 09:55
36 posts
this night we were at + 350 pips and they did't take their profit, continuing to sell at 1.3485 (!!!), and now back in negative territory.....

what's this sh.... ???????


I really dont understand now !
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