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uyfuyf (By pipinvestmentbot )

The user has deleted this system.

uyfuyf Discussion

ForexScam
Mar 30 2012 at 06:22
1008 posts
Hi Chris,

EA's are only attached to the master account at IBFX> I was quite shocked to see that Thinkforex missed out on about 80+ Trades over the past 3 months compared to Gomarkets despite the server hops that GO has to deal with. I wasn't shocked to see Pepperstone missing out on trades as their servers have been far from stable since relocating in US.

Enjoy the Weekend,

Will

Chrisstoff
Mar 30 2012 at 07:42
27 posts
Hi Will,

Thank you for the info. Hmm, it is very interesting since the best profit has been achieved onThinkforex :) So it was pure luck as they missed out the loosing trades...
Which broker would you offer to trade your signals? (Not US broker please.)

Regards,

Chris

ForexScam
Mar 30 2012 at 08:15
1008 posts
Hi Chris,

Keep in mind that the Thinkforex account has an increased capital deposit and the lot size increment. This is the main reason for the increased gains.

Both systems experienced the same losses on the same days and the overall pip count are very close so neither system is luckier than the other. Thinkforex's faster server can cause a quicker change in price deviation preventing an attempt to open a trade ( missed trades), while Gomarkets slower server can hold a position for another 2 seconds allowing it to capture a few extra pips in some situations. i007 isn't scalping within seconds, but every second can cause a difference in overall performance.

Since i007 has made over 1600+ trades since beginning of 2012 the overall pip expectancy per trade is about 4 pips. Therefore a missed signal isn't as significant as if each trade were to earn 50+ pips.

For non us brokers. Finfx Pro ( server located in NYC) even their Finland based server still performs rather well. Any ECN would be sufficient.

Thanks again for the questions,

Will

Chrisstoff
Mar 30 2012 at 09:24
27 posts
Hi Will,

Thank you for the valuable information.

As for the most suitable broker FinFx Pro sounds well. Do you work with stop or limit orders as well? I am asking this since there is a possibility of opening a No Slippage ECN Pro account at FinFx.

Actually, I have an account with ATC, I presume it would also do well.

Using a broker with minimum lotsize of 0.1, would USD 10,000 be enough for the starting balance?

As a matter of RAS, I just opened an account with FXCM. Can I expect similar results via RAS and FXCM or had I better stick with FinFx or ATC?

Regards,

Chris

ForexScam
Apr 01 2012 at 06:19
1008 posts
Hi Chris,

Yes some of the systems use limit orders however, the limit orders only appear on the master account and are not sent to slave accounts. If you use Finfx Pro, we can discuss the use of limit orders in your account.

ATC is an excellent US based ECN broker. I do suggest a 20k min at either Finfx pro or ATC because of the minimum lot size (0.1), However customers are running on 10k accounts at both of these brokers.

Std Risk Profile:
$2000 = 0.01
$20000 = 0.1

I haven't received any feedback from RAS users but I would love to hear how their signal replication is working out. I have 3 users at RAS which use the Autotrade through FXCM to get the signals for free. They've been customers since Mid Jan and are still signed up, so I'd assume their making pips. If you go this direction please share your experience.

For optimal performance, ATC or FinFX is your best choice. Spreads are lower and execution will be much faster by using our service!

Best Regards,

Will

www.pipinvestment.com/service/best-forex-signal
Skype: pipinvestment
[email protected]


ForexScam
Apr 21 2012 at 09:37
1008 posts
I'd like to hear from one of the Rentasignal Autotrader followers.

What is the overall cost per trade ( spread + RAS markup)?

On Average, are you earning at least 4-5 pips per trade?

Any trades without SL?

Missed Trades from the RAS trading history? - https://rentasignal.com/signal/view/36409

Thanks in Advance!

ForexScam
May 03 2012 at 09:53
1008 posts
7 Popular brokers compared during the last 41 trades and 300+ pips - https://www.pipinvestment.com/update/forex-i007-broker-comparison-1


soulfire
May 16 2012 at 15:06
23 posts
Hi Will,
I've been watching this one over the months with the intention of signing up at some point. I'm disappointed to see the 3 accounts not being updated during this drawdown period. This account hasn't been updated since May 11 with the other 2 accounts since May 14 - 3 days ago. It hurts your image to hide the current account status during a bad period even more than the drawdown itself as it gives the impression there is something to hide.

Chrisstoff
May 16 2012 at 19:57
27 posts

   soulfire posted:
   Hi Will,
I've been watching this one over the months with the intention of signing up at some point. I'm disappointed to see the 3 accounts not being updated during this drawdown period. This account hasn't been updated since May 11 with the other 2 accounts since May 14 - 3 days ago. It hurts your image to hide the current account status during a bad period even more than the drawdown itself as it gives the impression there is something to hide.


Well said. As a potential customer, I would also like to see the whole picture in real time.

david french (daviedave)
May 24 2012 at 06:19
6 posts
You say that the EA's open 20 positions, but i have 37 in my account!

Why lie? At what point are you going to identify the EurUsd is in downtrend?

Why is your FXSTAT page updated but this one paused during DD?

BobB
May 24 2012 at 11:38
4 posts
Hi Will, Can you write a any comment. You wrote about Equity protection, but current DD is very big.

robotchallenge
May 29 2012 at 14:46
134 posts
Did Will hide under a rock? Did this account finally blow up? Is Will flipping burgers at Crusty Crabs?

Be afraid, very afraid?
BobB
Jun 01 2012 at 06:18
4 posts
Warning for all, i007 strategy is very unsafe.

ForexScam
Jun 01 2012 at 06:34
1008 posts
More than 60% of my clients contacted me on May 11th when our accounts were greater than 20% DD> It was a technical error from the recent update that I made to the Equity Protection to incorporate the Highwatermark calculations. ( An idea to allow an immediate stopout at 20%DD from highwatermark even if a stoploss would be hit while going into drawdown.) It was a great idea for this system but unfortunately it failed when the master accounts DD jumped from 19% on a friday to 23% on Sunday open. It was a simple coding error on my part after the updates and I never tested the software on Market gaps but rigorously tested the highwatermark calculation . I completely overlooked this scenario. Since I offer the original software for free, I recommended clients to use it at any DD level of their choice because testing still needed to be done on my part to implement it on the master account. Also the majority of clients understood the directional trading part of this system. Many asked if hedging is ok and of course it is if your broker allows it. I suggested to use iDRAW to hedge the buy positions if EURUSD were to move down further. And many clients did while a few clients didn't contact me until the very end.

It really disappointing to see my system fail and to see all the negative feed back. Its what I get for developing a system while trading it at the same time. I still feel that i007 will perform in the future and I haven't given up on this system. I had to add a huge sum of money to keep my account afloat and trading long on eurusd wasn't what I had in mind. I'm trying to make the best of it and I'll update my website with all the data from May performance over the weekend.

ForexScam
Jun 06 2012 at 18:06
1008 posts
I made several updates to the original system that trades at IBFX and also launched the hedged version at Finfx. - Update here - https://www.pipinvestment.com/update/forex-i007-may-performance

ForexScam
Jun 08 2012 at 20:18
1008 posts
I'm really blown away that the TOP TRADER for the FXCM contest made a 10,000% monthly return. That's the highest monthly return I've ever seen in forex. Congrats!

Forex i007 has a long way to go before a complete recovery and waiting for EURUSD to reach 1.2800 isn't fun. Adding AUDUSD will help if the EUR falls but if the USD gets weak and EUR moves up so will AUDUSD.

Also the Forex i007 Hedge ( trades on non us broker which allows signals buy and sell ) performed extraordinary well this week with a 58% gain. -https://www.myfxbook.com/members/pipinvestmentbot/forex-i007-hedge/193793

ForexScam
Jun 11 2012 at 07:23
1008 posts
The 100+ Pip Gap over the week sent Forex i007 to 5% Closed profits and closed another 10% in Drawdown from last week. I've shut down all New signals , adjusted all the TakeProfits and Stoploss and it's a perfect Hedge between AUDUSD and EURUSD ( same amount of Lots ). I'll keep it like this until I finish some other projects and have time to reanalyze the whole system and decide on the next step.

Now it's time to focus on Forex i007 Hedge.

stevewalker
stevewalker
Jun 11 2012 at 08:17
1439 posts
bigdogs trading the weekwnd. this is almost the same for last 2-3 months.

ForexScam
Jun 22 2012 at 15:00
1008 posts
Still at 10% Drawdown, Long EURUSD and Short AUDUSD. Only Short Signals currently running on AUDUSD. It will be interesting what takes place in the next few months.

Forex430 (gelsi)
Aug 03 2012 at 21:24
26 posts
what happend to the hedge account??
i cannot not see it.

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