Hey everyone... is there a system that anyone would recommend for the EURJPY? I'm new to the system and I just wanted to get the advice of more veteran traders.

I like the Fxsignaler, for the EURJPY but you should juxtapose that system with another currency pair GBPUSD, or the AUDUSD. Having a balanced FSS devenetely minimizes draw down and is a great way to diversify. Here is the combo I like.

System Pair Lots
CornerStone-Zeus GBPJPY
ForexEmail GBPUSD
FXSignaler EURJPY

I used it with 500k trade sizes highly leveraged but the drawdown is minimal and the return is great.

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After obtaining a demo account on fxddauto.com and then an FSS demo account a day latter I was surprised to see that the web client is essentially identical. Same look and list of systems providers. Are fxcm and fxdd simply using the same third party 'auto trading' provider?

Yes, both FXCM & FXDD white label the technology through a company called Tradency. While the software is the same, the systems available & the execution will differ depending on the broker that you choose..

Tradency: Tradency - automated software products for the financial markets

Last Week's Top 10 Systems Sorted by Profit ($):

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__________________
*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.

Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.

Below are the top 10 systems during the month of July. This list is based on the number of live accounts who have added these systems to their portfolio. You can view their performance by going to PERFORMANCE tab in the System Selector platform.

1. Wealthbuilder Striker EURUSD

2. Wealthbuilder Striker AUDUSD

3. Cornerstone Zeus GBPJPY

4. Pipsniper GBPJPY

5. Top2000 EURUSD

6. Top2000 USDJPy

7/ AUDCAD mover

7. CADJPY Mover

8. Intelli Swing USDCAD

9. Intelli Swing AUDUSD

10. Rangebreak EURUSD

__________________
*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.

Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.

Below are the Poll Results regarding the most added systems in June:

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i want to ask a bout if te system selector accepted the micro account or not ?

The Forex System Selector account is traded only through a mini account on FXCM's no dealing desk option. Therefore, when you set your money management in your portfolio, the minimum trade size accepted is 10k mini lots. Trades sizes are made in multiples of 10k.

What happen to the default stop loss of 300 points....my pip losses in any system used is now whatever they set the stop loss..used to be a 300 point default...now deciding tatal loss possible you need to go by your systems stop loss...too bad a message wasn't sent on this change...so I lost over 600 pips instead of 300 pips last trade?????????????
thanks john

There is a 300 pip stop loss by the platform provider which is meant to protect in case the signal provider DOES NOT send a stop loss in when the position is opened. However, if the signal provider sends in a stop loss or if you place your own stop loss, then this 300 pip default is nullified. There have not been any changes on this matter since the platform began.

So, as you can see, this 300 pip stop loss is immediately overridden once:
1) the signal provider sends in a stop loss, or
2) the client sends in a stop loss

Email systemselector@fxcm.com with your account number and trade details and we can review and verify the activity and signals sent by the signal provider.

Hello there

First I would like to thank FXCM to give us this great opportunity to deal with these successful systems.

I've a question regarding the "fixed lots". If I've chosen, for example, 6 lots for a system, does it mean that for each position the max lots will be 6?

or the total lots will be 6 whatever the No. of positions the system will generate?


2nd question, can I adjust the max positions allowed for each system to be opened at the same time?


Thanks

When selecting the "Fixed Lots" of say 60k, each time a signal is generated by the signal provider, it will place a 60k position in your account.

For illustrative purposes, let's assume the system you have chosen has a max positions of 5. This means the system might have 5 positions opened at the same time. You have set each signal to open a 60k position, so you have a maximum exposure of 300k possibly open at any time.

60,000 X 5 = 300,000

At this time, the max positions setting is not adjustable. We are looking into a future enhancement which would allow the client to select a max position customize the number of positions opened from a signal provider.

Hi All

I'm new in FXCM (a month).I've been 4 years in Forex.I've been trading with RSI, Mouteki, RSX Swinger and williams so far.Familiar with strategies and so on.Thanks to FXCM support and services, I've 2 questions:

1. Is there FSS a good solution or DailyFX+ signals or so on is better?
2. Regarding of this topic (FSS) what's the other rules for FSS? I've read that I'll get a read only access to my account.Could I withdraw profits or initiate capital?

Thanks to All

Hi everyone

I've 2 suggestions to FSS that I think they are very useful.

1) I advise that FSS open a LIVE account with a balance of 5000 to 10,000 $ and then track the profit and show it to the public.

This will be more accurate than the backtest results and it will rise the reputation of FSS much more.

2) and more exciting, is to open a section for the successful LIVE accounts. So those who opened LIVE accounts and made profit, they can post their successful results... you can pay them 1$ for their post ..LOL


Also I've a question.. is the graph of the "equity curve" in building a portfolio depends only in the initial balance or it is a cumulative graph?

That is, if the initial balance is 5000$ and then become 7000$ by the system after 2 month. Will the proft 2000$ be counted in the graph or just the 5000$?