Lardo's Posts | Myfxbook

PIPS&RUN_EA in Trading Systems Feb 26 2016 at 10:42

Willy, did you follow Multiaccountmanager's recommendations and use lowcostforex.com as your broker? Looks like it worked OK for you. Multiaccountmanager is still providing copier service for Pip & Run. Did you stop when you heard the FPA news?Thanks for any feedback.Lardo

newtecfxbot in Trading Systems Nov 25 2015 at 13:17

To the vendor...Have some questions. The Myfxbook stats show drawdown at 9.22% and an impressive growth rate which tempts me and possibly others to consider investing in your EA. However, I did some diligence on some of the data which seems to contradict the Myfxbook data - for example, the two trades on the 9th September which stayed open for 12 days closing on the 22nd September shows both trades in significant drawdown of -261.9pips/-USC1649.97 and -317pips/-USC1110 equating to just under 80% total drawdown on the account balance of around USC3450 at that time. The first trade ended in pro...

newtecfxbot in Trading Systems Nov 25 2015 at 12:02

Hi, anyone using this EA?

Channel Trader PRO in Trading Systems Nov 06 2015 at 14:45

Good news on CAD unemployment data. Back to a mere 84pip DD as opposed to the earlier 126pip deficit. Not enough to dig us out of the trade so only bad CNY AUD data next week will give us a chance to BE.Getting concerned at the increased frequency that CTP makes bad trade decisions. I'm tempted to place opposite trades to CTP as I would stand to make a lot more pips than CTP is struggling to achieve these days. :(:(

Channel Trader PRO in Trading Systems Nov 05 2015 at 07:39

Update on my last post - I guess Divine intervention took place (Doug closing out manually...?) on the EURJPY position. Frankly I'm happy with a 16pip loss versus the 120+pip drawdown we've seen. Thank you Doug!Let's see if we can get away clean on the AUDCAD trade - RBA Gov Stevens played down need for rate cut 10.30GMT earlier so that may work against us. http://www.reuters.com/article/2015/11/04/australia-rba-stevens-idUSS9N0ZF01Z20151104. That said he did say "If policy were to change, it would almost certainly be an easing"...Only possibility of some relief pre weeke...

Channel Trader PRO in Trading Systems Nov 05 2015 at 07:37

Where is everybody? At church/synagogue/mosque praying for divine intervention on these two trades?Fingers crossed CTP recovers.It seems to me a consistent trait of successful EA's that the strategies start to fail over time having had a sometimes lengthy successful runs. Some discussion here about why strategies generally start to fail and oft quoted "changes in market conditions" might be good. Be equally good if Doug gave us his own insights, and what he thinks is happening in the market.Best hope on the AUDCAD play is if RBA statements are leaning towards lower rates late Thu...

Channel Trader PRO in Trading Systems Oct 12 2015 at 06:08

Hi Doug, any news on the update? Will it be done before the Asian markets open Sunday night 10pm GMT?

Channel Trader PRO in Trading Systems Sep 23 2015 at 09:49

Dude... you must be on an acid trip with those settings.... Crazy MF! Good luck! ;)

Channel Trader PRO in Trading Systems Sep 20 2015 at 12:00

This thread is so bereft of contributions, it's a little weird. What we are witnessing here is to my mind the best EA out there. Can't anyone get enthusiastic about the performance we're seeing here?Doug. Great job. Nothing out there touches CTP. Even VTP struggles in comparison.Come on, let's get some discussion going. Bored of seeing the "where do I buy it" dumbass contributions. VTP has a more active thread, but can't really see why. Be nice to see some active contribution on settings and results.COME ON YOU GUYS

Vortex Trader PRO in Trading Systems Mar 04 2015 at 12:44

So for those of you who are frustrated at lack of trades - ie; zero trades since Feb 13th - better brace yourselves. For the whole of April through to August 2014 inclusive, VTP made a grand total of 3 trades. We could be in for another 5 month drought.That said, this is the safest EA out there so I for one won't knock it. This EA only trades when the confluence of multiple signals are right. Sometimes that can mean a long wait. This is a long term patience play.Nonetheless, the EA pulled a net 511 pips over 2014. The only 3 stop losses over the life of the EA occurred Jan and Feb of 2014...

BlueMonkey Real Money Live Test == Ended Oct 2014 in Trading Systems Sep 04 2014 at 13:48

Hey Alex, did you manage to close the EURGBP trades after the ECB rate cut?

BlueMonkey Real Money Live Test == Ended Oct 2014 in Trading Systems Sep 02 2014 at 09:57

Alex, when do you plan to open the EA up to more currencies? Will those currencies always be EUR/XXX pairs?HH

EAR16 in Trading Systems May 21 2014 at 06:32

Check out the small print:"Ear16.com not refound money , if you not feel sure, use lisecen free in recommended broker program. All EAs, we install in privated VPS free for customer. Never send direct EA for protect to hakers."Spelling mistakes were not mine.I'm not even sure they will supply an EA for use on a broker other than "Tier 1" (based in Malta) who no-one seems to of heard of. ear16 are evasive and won't answer basic questions about EA setup, lot size or risk settings and their response on this thread is surly and arrogant and completely "take it or le...

Profit Empire Robot in Trading Systems May 15 2014 at 10:23

Really don't know - but it's scaring me that PER could read the market so wrong. I thing we could be in for another 3 week war of attrition - though this time I don't think we'll come out of it prettily.I think Jawad has lost his mojo...

Profit Empire Robot in Trading Systems May 08 2014 at 13:41

I guess this is why we're in this mess. Excellent article from the UK Daily Telegraph today pre ECB rate decision:http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/10814728/ECB-is-delighted-by-the-splendid-prospect-of-deflation.htmlDraghi is an accomplished economist, but his hands are tied first by Germans scared of a Weimar-esque renaissance, and now some Spanish nutters who think deflation is a good thing. This is why the Euro bulls are having such a great time - the ECB is paralysed to inaction. The best we can hope for short term is an ECB rate cut decision later today...

sPhantom Auto Trader in Trading Systems Jan 30 2014 at 11:12

Well, I have to say I'm angry about sPhantom opening a buy trade 1 hour before the FOMC announcement. I decided to grit my teeth and trust in the EA, but now feel a chump for doing so. just coming up to Euro opening as I type this and down about 25% DD. sPhantom has completely lost it's mojo this last month. It's almost as though they've got a rookie on the tiller while the brains of the outfit is on an extended vacation away spending the earnings from selling the EA.If this closes out leaving me any money I'm switching to Profit Empire EA. Less DD and interestingly has no ...

sPhantom Auto Trader in Trading Systems Jan 28 2014 at 11:52

It's latency pure and simple. At the exact point that sPhantom sent the close signal, there was a spike up. Both my trades closed at 9.39am - same as sPhantom's account. But within those 60 seconds the market spiked up. As a consequence I closed out at a loss of $81.45 on the first trade and positive $50.86 on the second - while sPhantom lost $58.52 on the first and gained $73.48 on the second. If the signal goes out mid spike in times of volatility there's a chance you could lose money. That's what's happened here.My account was around $1435 now $1405, similar to sPhantom...

sPhantom Auto Trader in Trading Systems Jan 27 2014 at 11:36

Yes, I closed out at a loss too - but seems that at the moment sPhantom closed out, there was a spike up and the latency in sending out the close signal and actually closing was enough to put me (us) at a loss. I think it's just unlucky on the timing of that spike. Sh** happened.

Xcalper Real Test in Trading Systems Mar 11 2013 at 09:56

Hi I see a combination on Friday of Draghi EUR pumping followed by NFP good news resulting in EUR dumping was too much for the EA to handle, which called the direction wrong both ways. Sh*t happens I guess, but I'm thinking that some kind of trade blackout during such news announcements could be a good plan. forexenvy has a good system for this - though I think xcalper would be far more successful in the long run than forexenvy! Out of interest, was hedging turned off Friday?By the way, freezing the MyFXbook page for the live account isn't wise IMO. The account isn't dead, and will...

Xcalper Real Test in Trading Systems Mar 06 2013 at 11:52

Can't believe the lack of discussion on this thread.... Been monitoring Xcalper live (and demo) accounts for a while now, and the results seem pretty astounding on the live account. Yes the hedge didn't work on the demo account and it went pop, but I do wonder if that was because it was on a conventional wide spread IBFX account versus the low latency narrow spread IC Markets live account. Xcalper, any comment on that?Let's get some discussion going here...!Lardo

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All Quotes
AUDUSD	0.66946	USDCHF	0.91334
EURJPY	144.859	EURCHF	0.99695
EURGBP	0.88203	GBPJPY	164.239
EURUSD	1.09153	GBPUSD	1.23759
USDJPY	132.712	USDCAD	1.35335

EURUSD	1.09153	GBPUSD	1.23759
USDJPY	132.712	USDCAD	1.35335

Posts by Lardo