Quote:
Originally Posted by rsmereka  Hi Mike,
FAP Turbo is a real roller coaster. The EURCHF pair is, by far, the best performing pair for me on my live account. EURGBP was a close second until this past week. Lately, it has been loosing the last trade of the evening just about every day.
I have been paper trading a GBPUSD system against my live account charts since Feb 11 and it is showing real promise. If it keeps holding up, I plan to trade it live mechanically starting May 11 for another three months and if it passes that test, I will create an EA out of it.
Are trading a live account? I cannot remember if you told me.
Lots of pips to you 
Rick |
Hi Rick!
I am trading a live account and it is doing well. I had some losses and I did contaminate my account results but overall it is behaving just as I thought it would.
You are right on with the GBP/CHF pair. It is the most volatile and especially at this time in the Market. I am still running all 3 pairs and I am currently using Fap version 36.
I have tested and currently test this EA. I have spent so many hours on it and so far the results match the analysis.
I don't expect to realize the results for months to come. My demo account I opened with 3K on Feb 2, 2009 and it jumped to 62K in 1.5 months. This was exactly what can happen if the Market behaves itself. Right now the Market is acting badly....overly excited then panic. The EA loses and then regains.
I expect this and I think it will be over next month...we will see. These times can't be compared to historic data since this is virgin ground we are walking on at this time BUT I am confident that history will repeat itself and this market volatility will calm down soon.
I am glad to see you are running a live account. I think this is the ONLY way that one will truley know if a system/strategy is going to work...or not.
I will be watching your results closely. Even though your settings are different than mine it only confirms my tests and analysis.
Great job!!!!
Let me know how you are doing!
Mike