Posts by GMac1

OK so this post goes out to the remaining followers. Where are we at with this EA? General comments of ECB meetings and Fed Meeting minutes and Non Farm Payroll seem to be the common sticking points. If the EA is run for two weeks towards the middle of the month you should be able to get a reasonably 'safe' (so far) return of at least 20% or more. I don't know of anything else in the market that can do this? Honestly I am disappointed with Sphantom themselves if they had given a bit more time and effort to this they could have avoided the increasing number of negative comments here. I still believe that they have something of value here to offer. Going forward maybe those who are still sticking with this can debate 'here' when is the right time to switch this thing on and off even if Sphantom doesn't care to make this work maybe the followers can. This month I am planning on switching it off at the beginning of the Asian Session Wed July 30th and switching it back on on Thursday August 7th after ECB press conference? Cheers Mac

Is anyone else getting not connected to the SPhantom server error message?

I hedged when it went a cent down and cleared a profit on Friday - after Januaries little escapade I wasn't going to spend my weekend worrying about it

How's the update going - unless the ECB doesn't cut rates / provide more stimulus this could get ugly....

Can you please confirm whether or not an update will be required for MT4 Build 600 - Thanks

I am not sure why they traded in this situation and certainly not a buy order. They avoided trading at other times of major economic news and had successfully guided the system through some sticky situations. I personally hope they continue with the account next week. I understand if they cut their losses and open a new account as has already been mentioned to garner more investment however I think they have something here and with a bit more work and some more stop checks either programmed into the system or their end it could be very good. Personally I have seen too many boom and bust EA's and it would be more rewarding if they kept going with their current account. It would show a level of honesty and professionalism which may be more attractive in the long term... Just a thought.

May I suggest Sphantom you introduce a trailing stop on all remaining trades and try to catch as much of the possible retracement to 1.36 before the next leg lower. At least then you may be able to salvage something

It will be some sort of a major Houdini act if it isn't

Looks like it

Have scaled back on my risk level greed = frayed nerves. Keep up the good work

So Sphantom are you guys going to pull the plug on these trades if we get back to near breakeven on news prior to FOMC or just let it ride?

Yes I understand Risk factor / Draw Down However if I am risking 25% and my drawdown was not more than 50% and R3DWiNG was running 5% risk with a Draw Down of over 50% how does that work!? Also in terms of the current trade with deadline fast approaching as an old South African friend used to say. PLAYING WITH THE LIONS BALLS!

I'm a bit confused, I am running at 25% and the max DD was less than 50%???

What risk factor are you running on?

Any updates on when the EA is going to start trading again or are you going to wait and see if/when the US defaults?

Just wondering why when you have avoided other big news events in the past that you decided to trade the US shutdown and potential falling apart of Italian government?