Million Dollar Pips (By milliondpips)
| Gain : | +26241.17% |
| Drawdown | 39.44% |
| Pips: | 5202.2 |
| Trades | 4497 |
| Won: |
|
| Lost: |
|
| Type: | Demo |
| Leverage: | 1:200 |
| Trading: | Automated |
Million Dollar Pips Discussion
Member Since Sep 12, 2011
33 posts
Oct 31, 2011 at 02:03
340 pips today for USDJPY!
Member Since Sep 12, 2011
33 posts
Oct 31, 2011 at 02:31
xiaoming2011 posted:
340 pips today for USDJPY!
I meant the change was as big as 340 pips not the trade in MDP.
Member Since Sep 12, 2011
33 posts
Oct 31, 2011 at 02:40
In zulutrade,
INDOGOLD closed a SELL XAU/USD position at 1715.856. Profit: 2048.8 pip(s)
!!
INDOGOLD closed a SELL XAU/USD position at 1715.856. Profit: 2048.8 pip(s)
!!
forex_trader_32776
Member Since Mar 28, 2011
1008 posts
Oct 31, 2011 at 03:50
fughe posted:
Mother of God! stay away from the USDJPY pair on MDP. It just gave away 25% of my account.
I'm really shocked that MDP doesn't have a spike limiter. After following the trades on last NFP I was really shocked that it tries to reverse on huge spikes. This can be easily prevented considering that the majority of the successful scalps are driven by relatively small spikes.
All MDP users can do is turn off the EA at expected news, market open/close. But a 200 pip spike at 0x:25 leaves you very vulnerable.
Oct 31, 2011 at 04:01
ForexScam posted:
fughe posted:
Mother of God! stay away from the USDJPY pair on MDP. It just gave away 25% of my account.
I'm really shocked that MDP doesn't have a spike limiter. After following the trades on last NFP I was really shocked that it tries to reverse on huge spikes. This can be easily prevented considering that the majority of the successful scalps are driven by relatively small spikes.
All MDP users can do is turn off the EA at expected news, market open/close. But a 200 pip spike at 0x:25 leaves you very vulnerable.
You should send that message to the MDP support. Maybe they will include it in the next update.
Make losses, but always come out a winner at the end.
Member Since Dec 15, 2010
795 posts
Oct 31, 2011 at 04:51
Wow, today is sunday night in hawaii and I see nice profits already for this week from all group members!
May our Profits continue. High 5 to all.
Garry
May our Profits continue. High 5 to all.
Garry
Click on my Name to see My Live Charts and Bio.
Oct 31, 2011 at 06:48
mcymcy posted:
fughe posted:
Mother of God! stay away from the USDJPY pair on MDP. It just gave away 25% of my account.
I lost %58...
Ouch. You have my condolences. I have killed the USDJPY pair. it hardly ever trades and will take forever to make it back. Plus....BOJ interference. I should have been anticipating it though as the jpy had been starting to gain strength again.
Make losses, but always come out a winner at the end.
forex_trader_50505
Member Since Oct 16, 2011
85 posts
Oct 31, 2011 at 07:22
anyone know what was happened with USD/JPY?? 😲 MDP for JPY version cost me a lot because of it.. 😭 the price hikes from 75.60 to 78.65 within just 20 minutes 😲
forex_trader_50505
Member Since Oct 16, 2011
85 posts
Oct 31, 2011 at 07:23
@gufhe: that happened with my account too 😲
Member Since Sep 12, 2011
33 posts
Oct 31, 2011 at 07:29
dunkdenk posted:
anyone know what was happened with USD/JPY?? 😲 MDP for JPY version cost me a lot because of it.. 😭 the price hikes from 75.60 to 78.65 within just 20 minutes 😲
Dollar spikes vs yen on intervention, Asian shares fall
https://money.msn.com/business-news/article.aspx?feed=OBR&date=20111031&id=14437563
Member Since Aug 03, 2011
40 posts
Oct 31, 2011 at 08:03
(edited Oct 31, 2011 at 08:29)
Did someone else profit with mdp eurusd 1.16? Made me 85.6 pips?
Oct 31, 2011 at 08:30
(edited Oct 31, 2011 at 08:50)
This professor53 VPS thing is the biggest lol I have ever seen. The accounts on his server are all doing worse than most vps's. All he is doing is creating extra accounts on his VPS's VPS and selling them as 'private servers' LOL Ask him for the ip address of your 'private server' and perform a traceroute, I bet it'll come back to a well known VPS.
here is my account,
https://www.myfxbook.com/members/leerees/live-strategy-testing/141252
look from sep11 onwards, it was at this point that I started counter trading MDP with slug16.
Judging by all the wins you'd think I have some mega VPS, no my execution time is >1 sec and my ping is 500ms. Mass trades are always grouped together so the guy with 300ms will get the same fills as the guy with 500ms, there is no advantage. The broker knows when the MDP trades are all coming and hiding your comments field does absolutely nothing to stop them recognising them. This is a throwback from the old days when humans intercepted trades, now days all brokers use virtual dealer as it's faster.
All professor53 is selling you is a dream. The real problem here is a lack of liquidity, no matter which broker you use this will always be the case, even on ECN's. If liquidity isn't there price will move up and mdp gets stopped out.
You don't believe me yet, but you will because it's only a matter of time before the EUR/USD gaps and MDP will try to trade it thinking it's a high force move, this is where your whole account will get wiped out. Also because it's a gap there is no way for your broker to apply a margin call, meaning once the move is over you'll end up with a negative balance, you will OWE your broker money!
here is my account,
https://www.myfxbook.com/members/leerees/live-strategy-testing/141252
look from sep11 onwards, it was at this point that I started counter trading MDP with slug16.
Judging by all the wins you'd think I have some mega VPS, no my execution time is >1 sec and my ping is 500ms. Mass trades are always grouped together so the guy with 300ms will get the same fills as the guy with 500ms, there is no advantage. The broker knows when the MDP trades are all coming and hiding your comments field does absolutely nothing to stop them recognising them. This is a throwback from the old days when humans intercepted trades, now days all brokers use virtual dealer as it's faster.
All professor53 is selling you is a dream. The real problem here is a lack of liquidity, no matter which broker you use this will always be the case, even on ECN's. If liquidity isn't there price will move up and mdp gets stopped out.
You don't believe me yet, but you will because it's only a matter of time before the EUR/USD gaps and MDP will try to trade it thinking it's a high force move, this is where your whole account will get wiped out. Also because it's a gap there is no way for your broker to apply a margin call, meaning once the move is over you'll end up with a negative balance, you will OWE your broker money!
My account
Member Since Aug 16, 2010
453 posts
Oct 31, 2011 at 08:42
My condolenses for the loss in uj, but Yen intervention was coming and everybody knew about it. I was staying away from any yen related stuff for 3 weeks at least now.
Was mich nicht umbringt, macht mich stärker.
Member Since Aug 16, 2010
453 posts
Oct 31, 2011 at 08:49
(edited Oct 31, 2011 at 08:55)
Leeres, I am a seasoned news trader and aspiring order flow trader so I know a lot about spikes, gaps and liquidity. In an event-drived flow spikes always happen AT THE BEGINNING of the move, where MDP is inactive, MDP is activated when price has traveled as far. GAPs tend to close so MDP trading against a gap is actually a good situation. Market opening has nothing to do with MDP, as unless you are trading on a dreadful bucket shop your spreads will be wide and MDP will stay away, besides that market may gap on opening immediately, there is not a single chance mDp will be a in trade.
PS and again liquidity has little to do with MDP, as MDP trades on the dealers foot steps - when spike starts the liquidity is dry and dealers and market markers have to provide it by taking positions counter to the move, the lesser the liquidity the faster and bigger the spike, however at some point they start to reverse spike by fading it as they need price to return to the level where their accumulated position's average price will be in profit, this is where MDP normally enters and follow brokers, which is a best type of trading in FX! Spikes resume when dealers cover their positions and market takes over, or not resumes if others can see no real reason for continuation and joined the dealers in fading the move.
Please stop post your uneducated nonsense.
PS and again liquidity has little to do with MDP, as MDP trades on the dealers foot steps - when spike starts the liquidity is dry and dealers and market markers have to provide it by taking positions counter to the move, the lesser the liquidity the faster and bigger the spike, however at some point they start to reverse spike by fading it as they need price to return to the level where their accumulated position's average price will be in profit, this is where MDP normally enters and follow brokers, which is a best type of trading in FX! Spikes resume when dealers cover their positions and market takes over, or not resumes if others can see no real reason for continuation and joined the dealers in fading the move.
Please stop post your uneducated nonsense.
Was mich nicht umbringt, macht mich stärker.
