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16Mar

CFTC 1:10 max leverage proposal

Old Posts

As you might know, the US CFTC (Commodities and Futures Trading Commission) has put out a proposal of introducing the maximal leverage of 1:10 instead of the current 1:100. If this proposal ever goes into effect, it will mean a serious harm to retail Forex overall and any Forex-related business in particular (just imagine what it’s like trading a live account with a 1:10 leverage). The change will concern absolutely all US-regulated brokers, not just the NFA members. Comments on the proposal are currently being accepted from the general public until March 22, 2010 at secretary@cftc.gov with the words “Regulation of Retail Forex” in the email’s subject line.

Retail traders are campaigning massively against the measure, with over 6,000 comments having been submitted to CFTC to date (heck, even a known Forex magnate Michael Greenberg sent one).

I therefore urge everyone reading my blog to join me in this effort and submit their comments to the above email address.

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14Mar

FAPTurbo IamFX one month trading results 04/02-13/03

Old Posts

About one month ago I added FAPTurbo49 on my IAMFX Demo account to test it a little bit with my new settings. And it worked! It had a loss the same as MegaDroid had, because of high trend during the overnight session, which happens extremely rarely.

I will upload FAPTurbo statements monthly or even weekly sometimes if something interesting happens.

Here are my results:

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13Mar

Fusion 22/02-13/03 trading results

Old Posts

Fusion is Still in Profit. It had some drawdowns but overall result is profit. Soon I will publish my settings for Fusion.

>> My LIVE Updated Fusion Statement <<

Here are the overall results chart:

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04Mar

Forex Robot World Cup is now terminating their sales

Old Posts

This is a message, I received from FRWC team today:

“Hi, Daniel

———————————————————
The FRWC’s Royal Trader Is Closing Its Doors
———————————————————

After a lot of thought and intensive internal debate, we
have decided to close the doors of the FRWC’s Royal
Trader to new clients.

On Friday March 5th , at 23:59 EST the product will be
taken off the market

The reasons for this can be summed up as follows:

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04Mar

Alpari UK errors

Old Posts

Just checked my new forward test of MegaDroid on Alpari UK. It was trying to make 4 trades but nothing opened. Expert tab saying: Invalid price (error 129)

This is a platform error, so I will change broker to ATC in the nearest future.

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28Feb

Fusion 22-28/02/2010 trading results

Old Posts

During this week Fusion v1.2 is in profit. Be aware that this robot comes from EA Lab and it is rather dangerous to use it. I think it is very risky, but may be very profitable sometimes.

>> Here is my Live Updating Statement of Fusion <<

Here are results of the first trading week:

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28Feb

FRWC Remote Setup

Old Posts

ForexSoftwareSetup.com now supports FRWC robots: LMD, Fusion, Hirider and others.

If you want your robots to be installed quickly and correctly, please visit my service website. You will get 100% support for the lowest prices.

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