pipsquick1957's Posts - Page 2

Million Dollar Pips in Trading Systems Aug 18, 2011 at 03:45

Million Dollar Pips in Trading Systems Aug 17, 2011 at 14:24

I have been emailing the author(william) for over 2 weeks now, and have asked to see his live statement over and over again, but to no avail. This is after he claimed in one of the first emails that his Think Forex live account has the exact same results as the TF demo here. He is hiding something and does not want to show his live account, but he should be showing it regardless of outcome. Apparently at FPA blog on MDP, people are having many problems getting there refunds, if at all, so this is not good at all. I think this EA has some potential, and maybe can be even better performance if s...

FX Pipster in Trading Systems Aug 17, 2011 at 06:01

This is an arbitrage system, will never work on real account.

Million Dollar Pips in Trading Systems Aug 12, 2011 at 02:16

Profeeor53, first of all I dont have any details on you so called live account sir, secondly the whole purpose of buying any EA is to see if it can duplicate the demo results that is being run in this case with Mt Fx book/forex peace army, and to collaborate with the vendor/author of the EA to ask questions. So when the author stops answering emails, and not giving us as a group proof of his live account with Think Forex, then I smell a rat. Your results with IBFX will not be anywhere close to his T.F. demo, that I can guarantee because ibfx does not have the lowest spreads, and you are have t...

Million Dollar Pips in Trading Systems Aug 11, 2011 at 14:18

William is not answering my emails now, and I have asked him for his live Think Forex live statement or log in details over 1 week ago, and no response, so this is not very good. He has said in a previous email that his live Think Forex account trades matched the demo here, but everyone has been asking him for live statements for 3 months now, and nothing yet, so that smells like a rat to me. We will soon see, but I am not going to open new account, get VPS and lose money if I cant get any proof or support for that matter.

Pepperstone Razor in Trading Systems Aug 08, 2011 at 13:45

I did some searching at Forex Peace Army and found that there are negative comments regarding Pepperstone, and all positive results for Think Forex except for 1 comment. This MDP EA opens a series of trades, which will usually be 8 if you leave the default settings as is, but because its opening all 8 at one time, there is bound to be some slippage, that cant be avoided. The default slippage setting is set to 3, so you should never see anymore than 3 pips per trade, otherwise the broker is manipulating the trades, which is never a big surprise. I will be trading live with Think Forex very shor...

Million Dollar Pips in Trading Systems Aug 08, 2011 at 05:18

Pakfx, did you get 16 trades from today which is sunday?? After doing some research on Pepperstone & Think Forex, I have decided to go with Think Forex as my new broker. So I got 6 trades on my Think Forex demo about 3 mins after the markets opened today, and with a $10k starting balance the 6 trades made $1335.00, with the risk set to 2%. I was in front of my computer when this happened, and these 6 trades all opened up so fast, and then closed so fast it was mind boggling that all 6 opened/closed so fast. The average execution time is showing up as 321 ms, and keep in mind that the sprea...

Million Dollar Pips in Trading Systems Aug 07, 2011 at 14:06

You just change the symbol to EURUSD at the top of page, this average spread set up is for most pairs, and it just happens to be set to the USDJPY pair but all you have to do is change it to the EURUSD. I dont need to look at his statement, because I already know that IBFX does not have so called low spreads, and this MDP EA needs low spreads and a VPS to get the maximum performance out of it. That doesnt mean that you wont make any money with other brokers than the ones that MDP lists on there web site, it just means that you will not get as many trades which equals less performance. :)

Million Dollar Pips in Trading Systems Aug 06, 2011 at 23:43

Professor53, FYI, IBFX does not have low spreads like you claim, here is a link that shows the most of the top brokers and there average spreads for all sessions, and you will see that IBFX is way down the list. http://www.mt4i.com/spread/symbol.aspx?symbolid=11 Of course Think Forex and Pepperstone are not on that list, but I can assure you that they both have very low spreads and very fast execution, and would probably be in the top 5 for average low spread. Its so unfortunate that you US residents have to put up with US brokers and all of the BS NFA regulations like FIFO, and in case you d...

Million Dollar Pips in Trading Systems Aug 05, 2011 at 05:09

I guess you didnt read my post very well, I am not trading live as of yet.

Million Dollar Pips in Trading Systems Aug 04, 2011 at 15:04

For your information guys, I am in the middle of opening an account with pepperstone (Razor platform) out of Austrailia, and the VPS company that they recommend is Mammoth. They are within a stones throw of Pepperstones servers and claim that the ping speed from the VPS to Pepperstones servers is 2 ms, which is pretty much as fast as you will ever get anywhere. The supper fast speed of 2 ms will not give you any latency between the VPS and the broker, which is what you want. The MDP web site also says that Pepperstone is pretty much the best broker for this EA. I will let you know as soon as...

Million Dollar Pips in Trading Systems Aug 01, 2011 at 16:10

Are you getting the exact same trades as there demo with Think Forex?? In other words is the execution fast enough with MB Trading?? I just bought this EA and this is the first day running it on my Oanda demo, but the average execution time is 2078 ms, which is way to slow, so I might have to open an account with Pepperstone brokers out of Melbourne, Australia, which by the way, there web site says that the EA runs the best with Pepperstone as a broker.

ZuluTrade in Signal Providers Feb 23, 2011 at 19:43

Ted, first of all is you think Zulu is brilliant then you are living in a dream world. They have some decent signal providers but its hard to find them. The big thing is that they are ALL VERY HIGH RISK signal providers, so if that's suites your high risk trading style, then knock yourself out. Any professional trader is this trading world of ours would never risk more than lets say a maximum of 5% of his account balance at any time, which you will never in a million yrs get from any Zulu signal provider. Take Fly on the Wall for example, he has the most number of traders and the most $ am...

FAP Turbo Extrem in Trading Systems Feb 05, 2011 at 11:17

You are not fooling anyone here with your over leveraging. Your first 6 trades had a total of 45 mini lots open at one time on a $5k account, which is why you have 500:1 leverage, and that's totally ridiculous to be trading with that much risk. But its your money that your risking here, and you would never get these results if you traded your account with regular risk. The original FAP Turbo is a piece of junk along with all of the upgrades, and those guys are a bunch of scam artists, and they are the same group as the MegaDroid and the Leo Trader Pro.

www.More100Percent.com in Trading Systems Jan 27, 2011 at 06:57

Guys, STAY AWAY from this guy, he is bad news. I talked to him via email 2 weeks ago when this account was 1 week old and asked to see a longer forward test, so he sent me one alright, but the DD was at 90%!!! If it looks to good to be true then its probably not as good as it looks and its a big scam. What I dont understand is why this guy would take someone's live account and blow it up in 2 days, he gains absolutely ZERO from doing that except for tarnishing his reputation for ever and making himself out to be the biggest idiot here on myfxbook,

Leo Trader Pro in Trading Systems Jan 25, 2011 at 17:25

I got my refund for the LTP last week, but have been watching the Forex Growth Bot and the Cable Run EA's. The only problem with the Cable Run EA is that its $249.00 with no money back guarantee at all, so the FGB for $70 bucks and a money back guarantee is the best bang for the buck.

Forex Crescendo in Expert Advisors Jan 22, 2011 at 09:24

First of all I did indeed read all of the manual and just about every post on the blog, and did much forward/back testing with the V1.2/V1.3 versions, so dont tell me that it was something that I didnt understand because its quite obvious that you dont know what the hell you are talking about. Believe what you want to believe but there was no misinformation on my part. He was running this V1.2 on a dedictaed server for many months, and if you want to believe that all of a sudden he put on a trade by mistake to completely screw up a valid forward test, then you are a big dreamer and cant see th...

Forex Growth Bot in Trading Systems Jan 18, 2011 at 03:14

Raymond, if you have had brokers like Forex.com who had higher slippage than AAA FX, then you are missing the boat here, try a true ECN broker like MB Trading or Dukascopy and you will be simply amazed sir!!

Forex Growth Bot in Trading Systems Jan 17, 2011 at 21:20

AAA FX is by far they worst broker I have ever used, the slippage in and out of every trade is the worst I have ever seen. Its so blatant that its robbery, and even if the market (price)isnt even moving they will slip you with a time delay and you always get a worse entry. I wouldnt even give them a 1 Start rating, after having several accounts at many brokers like Dukascopy, MB Trading, FXCM, FX Solutions, FXDD, GFT, etc, they are at the very bottom of the pile in terms of being a good broker, because they are scam artists, so stay away. They will play the same game with any EA or signal pro...

Leo Trader Pro in Trading Systems Jan 13, 2011 at 14:19

Try Nord FX out of Norway or Exness out of Russia.

EURUSD	1.07693	GBPUSD	1.25236	AUDUSD	0.66032
USDJPY	155.791	USDCAD	1.36714	USDCHF	0.90645

Posts by pipsquick1957