Vortex Trader PRO (By vortextraderpro)
| Gain : | +2131.88% |
| Drawdown | 27.67% |
| Pips: | 2247.4 |
| Trades | 474 |
| Won: |
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| Lost: |
|
| Type: | Real |
| Leverage: | 1:200 |
| Trading: | Automated |
Vortex Trader PRO Discussion
Apr 17, 2015 at 17:18
Hi Tobeji,
IC Markets is good STP broker. The only thing you need to do is use a good, reliable VPS provider with VERY LOW Latency.
Well, today may be the first day after a week since we use Trade Copier that we may suffer 2 big losses (hit 110 pips stop loss).
As per my technical analysis, as long as 1.4900 holds strong (will not be broken), Gbpusd will move upwards again. Well, as of now, GU has come down to 1.4919, and bounce back up.
On m30 timeframe, candletisks are moving up slowly now. If it can move above 1.4965, we will come to breakeven point within today.
The bad thing is good U.S News, while very bad news for GBP.
You all can see that after some retracement, Eurusd continues to move up faster than Gbpusd.
I just came back home after late dinner at restaurant with my family. If not, I would close 2 buys for max loss of 10 pips because it Bought GBPUSD very near 1.5000 level after GU already came above 1.5000 and move down under 1.5000.
If VTP bought GU before it came above 1.5000, then, these 2 trades would be winners because GU would have broken 1.5000 before moving down under 1.5000 level again.
Let's pray that GU can move to breakeven point, or even 10 pips stop loss, I advise that we should close these 2 trades for small losses.
James
IC Markets is good STP broker. The only thing you need to do is use a good, reliable VPS provider with VERY LOW Latency.
Well, today may be the first day after a week since we use Trade Copier that we may suffer 2 big losses (hit 110 pips stop loss).
As per my technical analysis, as long as 1.4900 holds strong (will not be broken), Gbpusd will move upwards again. Well, as of now, GU has come down to 1.4919, and bounce back up.
On m30 timeframe, candletisks are moving up slowly now. If it can move above 1.4965, we will come to breakeven point within today.
The bad thing is good U.S News, while very bad news for GBP.
You all can see that after some retracement, Eurusd continues to move up faster than Gbpusd.
I just came back home after late dinner at restaurant with my family. If not, I would close 2 buys for max loss of 10 pips because it Bought GBPUSD very near 1.5000 level after GU already came above 1.5000 and move down under 1.5000.
If VTP bought GU before it came above 1.5000, then, these 2 trades would be winners because GU would have broken 1.5000 before moving down under 1.5000 level again.
Let's pray that GU can move to breakeven point, or even 10 pips stop loss, I advise that we should close these 2 trades for small losses.
James
Member Since Feb 09, 2010
226 posts
Apr 17, 2015 at 17:26
durendal posted:
Can't get them all fxtrader10...
Let's hope the VTP will have the chance to correct the situation next week...
You cant but today was the today I just adjusted my lot sizes up to reflect my balance....!!! What a joke....or not
Apr 17, 2015 at 17:35
Hi all,
1. Thanks to some members here who likes my support. Well, I am not vendor, and I am not related or connected with Doug Price in anything.
But I like Doug Price because he did give me all replies very satisfactorily. So, when he is not here in this thread, if any new inexperienced members asked, I am willing to help if I can. That's it.
From today's experiences about some floating losses on 2 buy trades on GU, I would like to suggest and advise those new, inexperienced members who have bought VTP EA, and use TRADE COPIER as follows:
1. Please use minimum leverage level at 1:400, at real ECN or STP Brokers. You can inbox me to ask about some good brokers, I will reply you then.
2. Use good VPS Provider.
3. Based on account balance. If you have 1k usd account, please set up 0.1 fixed lot size at maximum.
Why ? Because VTP Trade Copier can open 2 trades on the same pair. So, it means you can have 2 trades on Gbpusd, and 2 trades on Eurusd at the same time.
So, imagine 4 open trades x 0.1 lot size = 0.4 lot size already.
You want to make profits consistenly every month, not to blow out account suddenly because of some unexpected markets news, right?
So, why not grow your account a bit slowly but steadily, even very seldom, you can suffer some big losses (hit hard stop loss of 110 pips per trade).
So, if you want to go safe, maximum lot size is 0.1 lot per 1k usd account, 1:400 leverage level, and 'if you go like 0.05 lot per 1k usd account, IT IS VERY SAFE IN THE LONG RUN.'
Just want to share my own opinions.
Now, let's wish the 2 buy trades of GU will be breakeven for today.
James
1. Thanks to some members here who likes my support. Well, I am not vendor, and I am not related or connected with Doug Price in anything.
But I like Doug Price because he did give me all replies very satisfactorily. So, when he is not here in this thread, if any new inexperienced members asked, I am willing to help if I can. That's it.
From today's experiences about some floating losses on 2 buy trades on GU, I would like to suggest and advise those new, inexperienced members who have bought VTP EA, and use TRADE COPIER as follows:
1. Please use minimum leverage level at 1:400, at real ECN or STP Brokers. You can inbox me to ask about some good brokers, I will reply you then.
2. Use good VPS Provider.
3. Based on account balance. If you have 1k usd account, please set up 0.1 fixed lot size at maximum.
Why ? Because VTP Trade Copier can open 2 trades on the same pair. So, it means you can have 2 trades on Gbpusd, and 2 trades on Eurusd at the same time.
So, imagine 4 open trades x 0.1 lot size = 0.4 lot size already.
You want to make profits consistenly every month, not to blow out account suddenly because of some unexpected markets news, right?
So, why not grow your account a bit slowly but steadily, even very seldom, you can suffer some big losses (hit hard stop loss of 110 pips per trade).
So, if you want to go safe, maximum lot size is 0.1 lot per 1k usd account, 1:400 leverage level, and 'if you go like 0.05 lot per 1k usd account, IT IS VERY SAFE IN THE LONG RUN.'
Just want to share my own opinions.
Now, let's wish the 2 buy trades of GU will be breakeven for today.
James
Apr 17, 2015 at 19:11
Hi,
Price has been moving up as I said earlier.
Now, price is moving around 1.4965 for more than 1 hour. We need to see next 1h candlestick to be a Bullish one above 1.4965 to push up to 1.4980 - 1.4990 just right before market is closed for today.
Let's pray again.
Price has been moving up as I said earlier.
Now, price is moving around 1.4965 for more than 1 hour. We need to see next 1h candlestick to be a Bullish one above 1.4965 to push up to 1.4980 - 1.4990 just right before market is closed for today.
Let's pray again.
Apr 18, 2015 at 18:51
Hi,
My email is: [email protected]
My Skype ID is: james.phuc72
You can also inbox me via Myfxbook. I saw many people inboxed me so far successfully.
Well, as far as I can see from the last 2 weeks, we should disable Trade Copier on Friday afternoon when U.S session comes.
It seems that some unexpected good / bad U.S news might make the trades become either winners or losers. If the trades are winners, we are happy. But if the trades are in floating losses like this Friday, we need to carry the trades until next Monday, or Tuesday until trades are either closed for a Profit (let's hope so for the 2 open trades of BUY on GU), or a Loss.
From my technical analysis, Gbpusd still have one more upmove to re-test 1.50000 strong psychology level, but I just wonder if the price of GU will be pushed down first or pushed upwards first on next Monday ?
We can see that USD is still weak against Euro, but getting stronger against Gbp due to the fact that on last Friday, all U.K news was Bad news.
If the support price level of around 1.49100 - 1.49300 can HOLD STRONG, and CAN NOT BE BROKEN next Monday, I am sure that Gbpusd price will go up and break 1.50000 again. But if this strong support price level can not hold, I think we should close the 2 open trades for a Loss to save 20 pips Loss.
So, from next week, I will disable Trade Copier 1 hour before U.S session comes on Friday. If trades are open long time before U.S session comes on Friday, then, we have to leave them open. That's my own idea, and you can follow or just leave it as it is, it's up to your decision.
Have a nice weekend ! Let's hope and pray that price of GU will move upwards in Asian and European session so that we can close for a small loss or breakeven, or even a Profit.
James
My email is: [email protected]
My Skype ID is: james.phuc72
You can also inbox me via Myfxbook. I saw many people inboxed me so far successfully.
Well, as far as I can see from the last 2 weeks, we should disable Trade Copier on Friday afternoon when U.S session comes.
It seems that some unexpected good / bad U.S news might make the trades become either winners or losers. If the trades are winners, we are happy. But if the trades are in floating losses like this Friday, we need to carry the trades until next Monday, or Tuesday until trades are either closed for a Profit (let's hope so for the 2 open trades of BUY on GU), or a Loss.
From my technical analysis, Gbpusd still have one more upmove to re-test 1.50000 strong psychology level, but I just wonder if the price of GU will be pushed down first or pushed upwards first on next Monday ?
We can see that USD is still weak against Euro, but getting stronger against Gbp due to the fact that on last Friday, all U.K news was Bad news.
If the support price level of around 1.49100 - 1.49300 can HOLD STRONG, and CAN NOT BE BROKEN next Monday, I am sure that Gbpusd price will go up and break 1.50000 again. But if this strong support price level can not hold, I think we should close the 2 open trades for a Loss to save 20 pips Loss.
So, from next week, I will disable Trade Copier 1 hour before U.S session comes on Friday. If trades are open long time before U.S session comes on Friday, then, we have to leave them open. That's my own idea, and you can follow or just leave it as it is, it's up to your decision.
Have a nice weekend ! Let's hope and pray that price of GU will move upwards in Asian and European session so that we can close for a small loss or breakeven, or even a Profit.
James
Member Since Jan 04, 2015
6 posts
Apr 20, 2015 at 08:53
all,
should we closed the trade manually or just let it be? the market is getting more unfavorable for us
should we closed the trade manually or just let it be? the market is getting more unfavorable for us
Member Since May 20, 2011
724 posts
Apr 20, 2015 at 09:06
herdiyanto posted:just leave it be!
all,
should we closed the trade manually or just let it be? the market is getting more unfavorable for us
Member Since May 20, 2011
724 posts
Apr 20, 2015 at 10:15
GUYS, look at the history tab and press duration so you can see the longest orders at the top of the list and you will see some were open for a couple days and some went 75, 85, even one went 100 pips drawdown before closing.
forex_trader_159862
Member Since Nov 01, 2013
41 posts
Apr 20, 2015 at 10:45
I'm more and more worried about these two orders. Let's pray GU can go up right now.
