JAFX Discussion

I am pleased to announce that after 18 months of development we are delighted to present to you the MyFxBook link of our soon to be launched JAFX EA. For a full in-depth report on the work myself and my team have been doing please visit our website

https://www.jafx.com

looks awesome john

obv we are in pre-launch, in two weeks when the first 500 spots are gone, how long after this do you think trading will start live.

we will have 500 members connecting to and funding the broker which will take some time

just wondered what you timescale was for the trading?

also will we be able to choose risk levels on both EAR and the Pamm

What risk level are the results above based upon

How different would the return be on different size account, for example $1000 and $5000

Cheers

John,

Thank you so much for releasing so-much-awaited JAFX statistics! The equity curve is just unbelievably smooth yet the draw-down is so low! Simply amazing! How do you do that?! We've been drooling to become a part of it. It's hard to believe that this is now real for the rest of us. God Bless You, man!

I Need to try it 😭

Amazing results!!!

very nice system ea.

How come no trades since 3 days?!!!

speedtrip posted:

also will we be able to choose risk levels on both EAR and the Pamm

What risk level are the results above based upon

How different would the return be on different size account, for example $1000 and $5000

Cheers

You may need to refer to : https://www.johnanthonysignals.com/jafx/ for further answers and examples on these. It does show some good examples on different risk / reward levels.

ahmedfouad posted:
How come no trades since 3 days?!!!

i prefer quality than quantity.. good job jafx

ahmedfouad posted:
How come no trades since 3 days?!!!

That's because he has a floating loss, which you can't see unless he updates it. If Sunday comes and the account still hasn't updated then that means he margin called his account.

John is off Sipping on a Guinness and enjoying his Birthday Today!

 His drawdown isn't 4%. His drawdown is at least 10%. How do I know. Simply look at the picture above. Notice how he gained only 6% and it resulted in almost 1% profit.

 Well on the same position, you can see he was in red 78 pips. Being that 78 is more than 10 TIME LARGER THAN 6 pips, his drawdown when he was 78 pips in red was well over 10% of his total account. That is why he doesn't update his account for every 3 days, or a tleast until he closes it, as myfxbook doesn't calculate drawdown normally unless you close for a loss, or unless the account updates while your in a floating loss.

speedtrip posted:
looks awesome john

obv we are in pre-launch, in two weeks when the first 500 spots are gone, how long after this do you think trading will start live.

we will have 500 members connecting to and funding the broker which will take some time

just wondered what you timescale was for the trading?

We will start live trading as soon as we launch, yes it may take you a few days to fund and connect to your broker but remember the system isn't going anywhere and a few days really won't matter in the long run!

ahmedfouad posted:
How come no trades since 3 days?!!!

Just as someone else pointed out, quality over quantity. The EA will NOT place trades everyday, we want profit, not volume.

TalkNowPlease posted:
 That's because he has a floating loss, which you can't see unless he updates it. If Sunday comes and the account still hasn't updated then that means he margin called his account.

I'm not sure what you mean as there are not currently any open trades which you can see here:
https://prntscr.com/a2pg63

The MyFxBook account is set to update every 5min so i'm not sure why it says last updated 16 hours ago... maybe they don't update on weekends?
https://prntscr.com/a2pgl9

TalkNowPlease posted:

 His drawdown isn't 4%. His drawdown is at least 10%. How do I know. Simply look at the picture above. Notice how he gained only 6% and it resulted in almost 1% profit.

 Well on the same position, you can see he was in red 78 pips. Being that 78 is more than 10 TIME LARGER THAN 6 pips, his drawdown when he was 78 pips in red was well over 10% of his total account. That is why he doesn't update his account for every 3 days, or a tleast until he closes it, as myfxbook doesn't calculate drawdown normally unless you close for a loss, or unless the account updates while your in a floating loss.

Yes the drawdown is slightly more than what MyFxBook states but the main point is that it is highly profitable and right now has a 100% success rate. That particular trade you were referring to was indeed VERY close to the SL and if my memory serves me was less than a pip away from closing.

I really don't know why you say that we don't update the account every 3 days??? MyFxBook is set to every update every 5min, maybe ask them why it didn't update since 16 hours ago (even though there are no open trades and we don't hold trades over the weekend anyway).

OfficialJAFX posted:

speedtrip posted:
looks awesome john

obv we are in pre-launch, in two weeks when the first 500 spots are gone, how long after this do you think trading will start live.

we will have 500 members connecting to and funding the broker which will take some time

just wondered what you timescale was for the trading?

We will start live trading as soon as we launch, yes it may take you a few days to fund and connect to your broker but remember the system isn't going anywhere and a few days really won't matter in the long run!

ahmedfouad posted:
How come no trades since 3 days?!!!

Just as someone else pointed out, quality over quantity. The EA will NOT place trades everyday, we want profit, not volume.

TalkNowPlease posted:
 That's because he has a floating loss, which you can't see unless he updates it. If Sunday comes and the account still hasn't updated then that means he margin called his account.

I'm not sure what you mean as there are not currently any open trades which you can see here:
https://prntscr.com/a2pg63

The MyFxBook account is set to update every 5min so i'm not sure why it says last updated 16 hours ago... maybe they don't update on weekends?
https://prntscr.com/a2pgl9

TalkNowPlease posted:

 His drawdown isn't 4%. His drawdown is at least 10%. How do I know. Simply look at the picture above. Notice how he gained only 6% and it resulted in almost 1% profit.

 Well on the same position, you can see he was in red 78 pips. Being that 78 is more than 10 TIME LARGER THAN 6 pips, his drawdown when he was 78 pips in red was well over 10% of his total account. That is why he doesn't update his account for every 3 days, or a tleast until he closes it, as myfxbook doesn't calculate drawdown normally unless you close for a loss, or unless the account updates while your in a floating loss.

Yes the drawdown is slightly more than what MyFxBook states but the main point is that it is highly profitable and right now has a 100% success rate. That particular trade you were referring to was indeed VERY close to the SL and if my memory serves me was less than a pip away from closing.

I really don't know why you say that we don't update the account every 3 days??? MyFxBook is set to every update every 5min, maybe ask them why it didn't update since 16 hours ago (even though there are no open trades and we don't hold trades over the weekend anyway).

 You have the ability to adjust the time in which the trade updates. So as I mentioned before, in order for myfxbook to not correctly calculate his drawdown % he simply doesn't allow the update to occur when he is a massive floating loss. :) Yet, what he can't hide from is his stats showing his draw down in pips! If you can see his drawdown in pips, you can easily calculate his drawdown %

Just a few thoughts from here: [link was removed]

Well, we don't know who is right, but reading some informations from other sources is not that bad... judge by yourself people.

TalkNowPlease posted:

OfficialJAFX posted:

speedtrip posted:
looks awesome john

obv we are in pre-launch, in two weeks when the first 500 spots are gone, how long after this do you think trading will start live.

we will have 500 members connecting to and funding the broker which will take some time

just wondered what you timescale was for the trading?

We will start live trading as soon as we launch, yes it may take you a few days to fund and connect to your broker but remember the system isn't going anywhere and a few days really won't matter in the long run!

ahmedfouad posted:
How come no trades since 3 days?!!!

Just as someone else pointed out, quality over quantity. The EA will NOT place trades everyday, we want profit, not volume.

TalkNowPlease posted:
 That's because he has a floating loss, which you can't see unless he updates it. If Sunday comes and the account still hasn't updated then that means he margin called his account.

I'm not sure what you mean as there are not currently any open trades which you can see here:
https://prntscr.com/a2pg63

The MyFxBook account is set to update every 5min so i'm not sure why it says last updated 16 hours ago... maybe they don't update on weekends?
https://prntscr.com/a2pgl9

TalkNowPlease posted:

 His drawdown isn't 4%. His drawdown is at least 10%. How do I know. Simply look at the picture above. Notice how he gained only 6% and it resulted in almost 1% profit.

 Well on the same position, you can see he was in red 78 pips. Being that 78 is more than 10 TIME LARGER THAN 6 pips, his drawdown when he was 78 pips in red was well over 10% of his total account. That is why he doesn't update his account for every 3 days, or a tleast until he closes it, as myfxbook doesn't calculate drawdown normally unless you close for a loss, or unless the account updates while your in a floating loss.

Yes the drawdown is slightly more than what MyFxBook states but the main point is that it is highly profitable and right now has a 100% success rate. That particular trade you were referring to was indeed VERY close to the SL and if my memory serves me was less than a pip away from closing.

I really don't know why you say that we don't update the account every 3 days??? MyFxBook is set to every update every 5min, maybe ask them why it didn't update since 16 hours ago (even though there are no open trades and we don't hold trades over the weekend anyway).

 You have the ability to adjust the time in which the trade updates. So as I mentioned before, in order for myfxbook to not correctly calculate his drawdown % he simply doesn't allow the update to occur when he is a massive floating loss. :) Yet, what he can't hide from is his stats showing his draw down in pips! If you can see his drawdown in pips, you can easily calculate his drawdown %

I think FXbook has missed the drawdowns because the trades you refer to were on 26th Jan, but JAFX was not added to FXbook until Feb 11, 2016 so that would be why it was not getting updated!

So, before implying that John is trying to cheat you of the facts, maybe you should look at all the facts which are already there?

Anyway, as you pointed out, you can get around this by looking at the stats and doing some basic maths anyway so it's not like he's trying to hide anything.

No trading for a week?

losing 5% of the total account in one trade seems kinda risky. But let's hope the system continue it's winning streak.