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Sector Capital 1 - PriorFX (By BP33 )

The user has deleted this system.

Sector Capital 1 - PriorFX Discussion

majamivice
Sep 25 2016 at 12:26
52 posts
watchme posted:
Oh... This doesn't look good. Hope everything goes well.
What it doesn't look good? It's just 12% drawdown.
fire_kid
Sep 25 2016 at 22:52
50 posts
always check myfxbook for drawdown/profit. priorfx confirmation e-mail gives wrong statement, my current P/L showing -8 294.61 (yes there is a negative sign)

BP33
Sep 26 2016 at 00:53
121 posts
This is the *only* place to check the equity https://www.myfxbook.com/members/BP33/sector-1-moderate/1576945

Updates are every 5 minutes.

Equity can get down to 60% as part of *normal* operation. Expect it to happen sometimes.

Equity isn't displaying correctly in the daily reports so ignore those until they resolve it. Live equity is disabled on the website for the exact same reason (which has been mentioned about a billion times now).

Support should not be telling you the asset manager needs to enable anything. It's entirely at their end.

I'm well aware it's taken far too long for them to get it resolved.

If you have any issues at all with their support, feel free to email their admin boss and ask them when they are going to do something about it. His name is Evgeny and his email is [email protected]

jajest
Sep 26 2016 at 10:37
29 posts
BP33 posted:

Equity can get down to 60% as part of *normal* operation. Expect it to happen sometimes.

Equity isn't displaying correctly in the daily reports so ignore those until they resolve it. Live equity is disabled on the website for the exact same reason (which has been mentioned about a billion times now).


Thanks for elucidating the situation ...

pls BP33 leave us a message here once you are aware that the problems are solved withthe daily confirmations mails/live equity.

marc
Franck44
Sep 27 2016 at 07:56
21 posts
Hi BP,

How much is the Break Even for GBPAUD ?
GBPAUD is on a little daily support, we pray it will a strong one. But it could reach lowest value in weekly frames :(.
Don't you think that the EA should stop taking position in other currency ?

Remember our accounts will close position at 40% drawdown. So i don't think so you must consider than 60% equity is normal for us.

Best Regards
Pablo51
Sep 28 2016 at 22:09
91 posts
is it myself or myfxbook is not updating accounts??

last update 4 hours ago...
watchme
Sep 29 2016 at 03:38
582 posts
Read this thread:

https://www.forexfactory.com/showthread.php?p=9119348
Never Give Up or Give In To The Market
Franck44
Sep 29 2016 at 06:51
21 posts
Hi BP,

It's a bear market for GBPPAUD.
The support has broken and the next one will be 1,671 at End of the week ?...
After that we hope a rebound but it could reach 1,59 for next weeks.
I know it's not so easy but I hope it will help for your next reflection my friend.

Best Regards
Pablo51
Sep 29 2016 at 08:24
91 posts
watchme posted:
Read this thread:

https://www.forexfactory.com/showthread.php?p=9119348


Thanks Fan. The problem is not only that MyFxbook is not updating my accounts. It is not updating BP33 account also.

Are you guys getting updated info every 5 minutes? My latest update is 14 hours ago.

Thanks
fire_kid
Sep 29 2016 at 08:34
50 posts
same here, my test myfxbook state page last update was 20hour ago. i think it's problem from myfxbook
Accelerate
Sep 29 2016 at 08:54
6 posts
Since the robot has stopped buying in GPBAUD(no trades since 23/9), how will it come out of the open trades, without taken a loss? What 1.7xxx is the break even point?

Edit: Just saw on priofx statement for yesterday that i still trades in GBPAUD, so I guess its still trying to get out of it.
But im still interested in the breakeven point and what its going to do, to get out of the big open loss trades.
watchme
Sep 29 2016 at 11:06
582 posts
fire_kid
Oct 03 2016 at 14:17
50 posts
is there any chance to enable 'exposure' from myfxbook? so we can see total avg buy/sell open trade position. priorfx page don't have option to see currently open trade position.
jajest
Oct 03 2016 at 14:28
29 posts
buying GBPAUD in post-brexit period ? you're trapped man ... correction ... we're trapped ... GBPAUD is never going back to 1,75 ... what are you going to do about ? it can only go lower & lower I guess seen the circumstances.
fire_kid
Oct 03 2016 at 14:57
50 posts
don't know but somehow bp33 manage to back everything normal. same things happened couple of times when he was trading in hotforex. as an example before he left hotforex, USDCAD trades made 30%+ DD but at the end he managed to closed all in 4% monthly loss and then he said instead of lose if he would continue to trade on hotforex, he could make it profit but he having some problem with hotforex so he closed all trade.

Pablo51
Oct 03 2016 at 15:57
91 posts
Nevertheless, it would be nice to have a vision about the present circumstances from bp33. According to myfxbook the account has beaten all time DD (Hotforex and PriorFX). He says DD of 60% is normal. Of course 60% DD is never normal but in addition our agreements do have a 45% DD limit that is becoming dangerously close.

At the same time, having seen how PriorFX manages the accounts, probably this 45% limit will never be honored.

More than 1.000.000 USD banished from the account already.

Ups...
tomazxyn
Oct 03 2016 at 20:36
27 posts
Somehow He always get out every downdown so far but buying GPB/AUD in post brexit period is quite risky I think..The Aud cash rate would be out in few hours let's see how it goes, he might have to Hedge if the Aud respond positively to the release or our 45% agreed drawdown would be hit..
Rasmuskjer
Oct 04 2016 at 07:44
3 posts
My PriorFX account says I got a dramatically high win today. Looks like we made it safely through this one :)
johndoe2016
Oct 04 2016 at 07:45
58 posts
Pablo51.

1 mil USD has not vanished from the account.

Equity is down and lower than balance because we are in drawdown.

however I agree this is becoming too risky for a low monthly profit.
Franck44
Oct 04 2016 at 07:51
21 posts
Franck44 posted:
Hi BP,

It's a bear market for GBPPAUD.
The support has broken and the next one will be 1,671 at End of the week ?...
After that we hope a rebound but it could reach 1,59 for next weeks.
I know it's not so easy but I hope it will help for your next reflection my friend.

Best Regards

Hi BP,

So the GBPAUD is landing on the 1,67 support for now.
We may hope for a range or a rebound this Week.
On this bear market remember that it could accelerate towards 1,65 and 1,59 easily.

I know you're doing your best. Good job today, keep your self-control.

Best Regards my friend.

 
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