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Profit Empire Robot (By profitrobot)
The user has made his system private.
Profit Empire Robot Discussion
Member Since Apr 16, 2014
4 posts
May 08, 2014 at 17:57
You need to have a plan B. NO systems is PERFECT.
My actual plan B trades...
2014.05.06 15:21:34 BUY EURUSD 1.39482 Closed 2014.05.08 04:12:58 at 1.39794 for 31 pip profit
2014.05.06 15:21:38 BUY EURUSD 1.39484 Closed 2014.05.08 04:13:08 at 1.39892 for 41 pip profit
This is hand to hand combat. Be proactive. Eventually, all the sell trades will close in profit.
My actual plan B trades...
2014.05.06 15:21:34 BUY EURUSD 1.39482 Closed 2014.05.08 04:12:58 at 1.39794 for 31 pip profit
2014.05.06 15:21:38 BUY EURUSD 1.39484 Closed 2014.05.08 04:13:08 at 1.39892 for 41 pip profit
This is hand to hand combat. Be proactive. Eventually, all the sell trades will close in profit.
Member Since May 07, 2014
11 posts
May 08, 2014 at 18:00
Guys... there is one statistic about such systems, u call em Grid, i guess. Adding to the loser, without stops, and adding until eventually target is hit.... it works most of the times. Why? Cause price is in range condition, neutral, or horizontal, take your pick, is 80% at the time. However, 20% at the time price action is vertical until a new accepted valuations between buyers and sellers settle price in range once again.
Two things here is important:
If system has any analytical study to track likely timing of re-distribution of values between buyers and sellers ,or pockets has to be deep enough with leverage under control, to withstand those shifts in the values. Such type of system makes - 15-25% ROI per year. Typically. Because 100-150% of profits (lucky if it happens with profits, but not earlier) are gone if systems is 80% in the market.
Such system typically has 2-3 instances within year, when market moves vertically out of settled range.
During such events, such systems gets killed by margin calls because they are over-leveraged.
Conclusion: if money management is right, and or system has directional bias on wright foot, 20% ROI per anum can be projected.
OH, one more thing: where did u see a move out of range for EURUSD? Look at daily or weekly charts. its testing recent highs. Nothing happened yet, just outside day... or engulfing.. or whatever..
Two things here is important:
If system has any analytical study to track likely timing of re-distribution of values between buyers and sellers ,or pockets has to be deep enough with leverage under control, to withstand those shifts in the values. Such type of system makes - 15-25% ROI per year. Typically. Because 100-150% of profits (lucky if it happens with profits, but not earlier) are gone if systems is 80% in the market.
Such system typically has 2-3 instances within year, when market moves vertically out of settled range.
During such events, such systems gets killed by margin calls because they are over-leveraged.
Conclusion: if money management is right, and or system has directional bias on wright foot, 20% ROI per anum can be projected.
OH, one more thing: where did u see a move out of range for EURUSD? Look at daily or weekly charts. its testing recent highs. Nothing happened yet, just outside day... or engulfing.. or whatever..
There are good losers, and bad winners.
Member Since May 07, 2014
11 posts
May 09, 2014 at 07:19
Red line is projected Supply (resistance) center line (not necessary in center) - highies trading activity, Green line is projected Demand (support).
Price can not and will not will be trading for ever within the BOX, (though in can, for long time, sometimes longer that one wishes). But when it breaks above Supply or below Demand, it shows next direction of the trend.
As you can current daily box highs (Red line at 1.3820) is still demand, The 1.3820 was Supply but since April 11 is demand, and very strong one.
We must wait until algo 'fires' another Box (nobody knows when it happens, but we can predict it will on next bar). That new Supply / Demand will allow to forecast new distribution of major volumes that took place recent week, and give us ahead a clear idea where banks will have their sale orders. Until then, 1.3820 is Demand, or.. simply Support.
Price can not and will not will be trading for ever within the BOX, (though in can, for long time, sometimes longer that one wishes). But when it breaks above Supply or below Demand, it shows next direction of the trend.
As you can current daily box highs (Red line at 1.3820) is still demand, The 1.3820 was Supply but since April 11 is demand, and very strong one.
We must wait until algo 'fires' another Box (nobody knows when it happens, but we can predict it will on next bar). That new Supply / Demand will allow to forecast new distribution of major volumes that took place recent week, and give us ahead a clear idea where banks will have their sale orders. Until then, 1.3820 is Demand, or.. simply Support.
Attachments:
There are good losers, and bad winners.
forex_trader_188821
Member Since May 03, 2014
5 posts
May 09, 2014 at 13:07
Ok, guys. I hope everyone closed in profit. We were quite lucky this time. Please act appropriately (reduce lot sice, reduce the max number of allowed open trades, etc.)
good luck
good luck
forex_trader_180739
Member Since Mar 09, 2014
24 posts
May 09, 2014 at 13:12
Hi am new here and would like to ask if there anything like a "free risk system" ?
Member Since Dec 10, 2013
82 posts
May 09, 2014 at 13:13
I still have 3 open positions from PER. Lets see what the JOLTS will bring us on this lovely and sunny Friday :-)
now or never!
May 09, 2014 at 14:24
bigbangea posted:
Hi am new here and would like to ask if there anything like a "free risk system" ?
Yes there is one and because i am in a good mood today, i will give it to you for free 😄 (but just today!):
- go to work and hide the money you earn under your pillow -
Member Since Apr 26, 2014
38 posts
May 09, 2014 at 20:30
Wow! What a roller-coaster ride to the end.
Member Since Dec 15, 2010
784 posts
May 09, 2014 at 20:30
yep.. its was a close one.... larger DD than most...
Click on my Name to see My Live Charts and Bio.
Member Since Dec 10, 2013
82 posts
May 09, 2014 at 20:31
no risk no phun :-)
now or never!
Member Since Dec 15, 2010
784 posts
May 09, 2014 at 20:54
Atsiekratsie posted:Did you get the close all SIgnal? SHOuld have been in a profit .
no risk no phun :-)
Click on my Name to see My Live Charts and Bio.
forex_trader_189811
Member Since May 09, 2014
1 posts
May 10, 2014 at 07:29
raffus posted:
hello dears
it seems PER won again......
i think he risked more and more but he won!
happy profitable week end!
you call this a win? you must be joking.
May 10, 2014 at 07:30
futama99 posted:
Hi angry 6, has angry5 been banned? :)
already at the number 7
lol
I'm still waiting for explanation why the big profit is not here... do they finally change their TP target?
why now with 7% and not last week at +10/20%? (and add to this a full week of wining trades)
a RR of 1:10... not nice...
how can we do a good money management if you are not clear on the risk of your signal?
your trades are good, but I'm convince that an better emergency exit must be in place. you know... the market always change and a strategy may stop working at any time, so we have to be prepared for this first.
why are you so quiet PER?
ok... I'm ready to create my account number 8 :)
May 10, 2014 at 07:30
Angry6 posted:sebast posted:
oh oh the eur usd is falling! People will stop crying now and will wait that is goes up again to start crying again instead of closing and taking profit!
Be ready guys to decide what you want!
I think a lot of customers has already closed their positions.
why stop crying?
sorry but PER still not explain why they have not close the trades at the hidden SL level has they said last week.
they still block users without any notice and without any reason. (not a demonstration of good communication)
they also don't answer any question here, like what the back tests said for the past month? if they close the position sooner, what would be the profit generated by the other signals raised during the month?
why they don't recognize that their system is risky (the user can lost its account, not only few percent) and its a grid?
please PER, say the truth to everybody and let them decide if they are ready to follow your signal and at which level of risk.
sure each person is responsible to setup the lot size they are comfortable with, but how to setup it correctly when the risk is unknown?
Angry6, I think you should take your own responsibility, it's just 100$ per month. When you go to the car dealer to buy a Lamborghini, the car dealer will not tell you that you might die and kill people if you accelerate too much because it's obvious, it's a dangerous car. Same for PER when you open the page and you see 1000% in 6 month with 50%, it's obvious that there is a big risk. Here you are buying a Lamborghini for 100$/month and you are expecting that they will give an answer to all your questions? Wake up man!
On top of that they are showing the trade history (thank PER for that I have re coded almost the same strategy and I'm using it now) so you can draw on a chart this history and you will understand even more what you pay for.
buy low sell high
Member Since Dec 10, 2013
82 posts
May 10, 2014 at 07:30
not all at once. First 6 at 12:13 GMT+1 for price 1.38172, two where closed by a TP hit at 1.37669 and the last one was closed at 1.37566. Already two new buy's afterwards from which one is still open on the Master (but I could not get because my market was closed for the weekend) :-) I made 483 pips in total because I opened at a different price.
now or never!
May 10, 2014 at 07:31
Brendan777 posted:fxuser posted:
PER is no longer responding to emails. Can anyone else confirm this?
They've responded to mine yesterday, said all the trades should be closed by Friday when prices should hit 1.3750.
WELL!!! PER PREDICTED 1.3750 HIT ON FRIDAY AND IT DID!!! HOW MAGICAL!!!
Member Since May 08, 2014
10 posts
May 10, 2014 at 07:31
i dont use robot . i use my own method . and this week.... 😇 680 pips is not bad 😂
