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  #31 (permalink)  
Old 10-27-2008, 12:48 AM
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Everest EURUSD Review

This system shows us a good example of why we want to see a good history of trades. This system began in Jan 2008 and ran up very well (3,420 pips) for its first 4 months. In May, the system began a drawdown which it recovered from in 3 months. As soon as it recovered, it went through another drawdown that was much deeper.

A client who used this system after seeing 4 months of history and 3420 pips of profit would be underwater from May through today. 4 months of history is not enough to give us an idea of how the system will behave in the changing market conditions. A history of trades simply paints us a picture and small time from of trading history gives us an incomplete picture that could lead to additional losses. We will pass on this system for now.

Max DD : -3,434
Profit in Pips : 1,552
Start Date : 1/02/08
Attached Thumbnails
system-reviews-dailyfx-course-instructors-everest-eurusd.jpg  

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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.
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  #32 (permalink)  
Old 10-27-2008, 03:23 PM
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Chart sometimes blank

1. When I do a chart on PE curve sometimes it come up blank and I don't understand why.

2. I also have two real accounts and when I try to login on using IE tabs it seems to give the numbers for the last login on both tabs. I can`t seem to see both accounts using tabs. I have sent in a multiple account request which is was supposed to resolve this problem but I only did this last night so it may have not been completed yet.

3. My experience so far is when new conditions arise in the markets (ie meltdown of world finacial markets) the system may not react as you had expected. They may be larger drawdowns than what you had expected. It is a good idea to keep a watch on your systems or you may not like the consequences.

Jim
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  #33 (permalink)  
Old 10-28-2008, 12:26 AM
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Quote:
Originally Posted by Jim Joss View Post
1. When I do a chart on PE curve sometimes it come up blank and I don't understand why.

2. I also have two real accounts and when I try to login on using IE tabs it seems to give the numbers for the last login on both tabs. I can`t seem to see both accounts using tabs. I have sent in a multiple account request which is was supposed to resolve this problem but I only did this last night so it may have not been completed yet.

3. My experience so far is when new conditions arise in the markets (ie meltdown of world finacial markets) the system may not react as you had expected. They may be larger drawdowns than what you had expected. It is a good idea to keep a watch on your systems or you may not like the consequences.

Jim
1. Perhaps trying clearing your browsers cache. Go to TOOLS -> INTERNET OPTIONS -> GENERAL -> DELETE BROWSING HISTORY

2. You are correct that the multiple account request will allow you to see each of your accounts from a single FSS platform.

3. That is correct. Systems often times work really well under a given set of conditions. When those conditions change, the system can struggle. It is beneficial to review as much history on the system as possible. Also, system developers who back test their systems will often times plan for a Max DD on live trading that is 1.5-2.0 times larger than what their backtest indicates. This allows the developer to consider a worse case scenario that may be an aberration in the market. With the wild conditions we have experienced lately, these systems are really being put to the test.

Thank you for your post.
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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.
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  #34 (permalink)  
Old 10-28-2008, 12:28 AM
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StockWatch EURUSD Review

This system is a very active trader. It has been around for a relatively short amount of time (since July 2008) yet has generated 195 trades in 4 months. We normally would not desire to add a system with 4 months of history as it does not provide us a clear picture of how it would handle the changing market conditions. In this system’s equity curve, the curve is erratic which coincides with the volatility in the market. We have already experienced a -1,876 drawdown. On a good note, this system has recovered from that drawdown in approximately 45 days. Time will tell us more about this system moving forward and we are going to pass on it for now.

Max DD : -1,876
Profit in Pips : 121
Start Date : 7/01/08
Attached Thumbnails
system-reviews-dailyfx-course-instructors-stockwatch-eurusd.jpg  

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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.
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  #35 (permalink)  
Old 10-28-2008, 12:25 PM
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Smile

Quote:
Originally Posted by PIPNEWBIE View Post
Hi there,
can you recommend some good systems to trade, have limited funds
I would start by trading a demo account and see if you can be successfull. Do not use a high margin 5-10% maximum. If you use more the drawdowns may eat your account. The demo account is not real money so the emotons of a real account are not present so take that into consideration.

Jim
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  #36 (permalink)  
Old 10-28-2008, 12:31 PM
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Could you put the whole link for the most popular systems on the Forum. I can't seem to get to the link because parts of the link is missing.

Thanks Jim
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  #37 (permalink)  
Old 10-29-2008, 01:32 AM
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Quote:
Originally Posted by Jim Joss View Post
Could you put the whole link for the most popular systems on the Forum. I can't seem to get to the link because parts of the link is missing.

Thanks Jim
There is a separate link for the most popular systems...see below.
http://www.learncurrencytrading.com/...er-2008-a.html

If you are still having problems, I'm wondering if it might be a web browser issue with your computer (remembering that you were having difficulties with the equity curves as well).
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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.
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  #38 (permalink)  
Old 10-29-2008, 01:38 AM
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IntelliForex-IntraDay EURUSD

Just like yesterday, the system today is fairly new so we are limited on how it can handle the changing market conditions. This system does offer the possibility of being one to trade as a reverse. Notice how the equity curve is smooth sloping downward. The risk adjustment factor is -0.61 which indicates the losses have far exceeded its gains (the lowest number the risk adjustment factor can be is -1.00). As time passes, if the equity curve continues to move downward and if the risk adjustment factor moves closer to negative 1.00, then this would be a good one to consider as a reverse.

Max DD : -1,520
Profit in Pips : -926
Start Date : 4/15/08
Attached Thumbnails
system-reviews-dailyfx-course-instructors-intelliforex-intraday-eurusd.jpg  

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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.
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  #39 (permalink)  
Old 10-29-2008, 11:53 PM
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Cyclone_Systems EURUSD

This system is another lesson of chasing returns and not capturing as much history as possible. If you were reviewing this system on a 6 month basis (from Oct 2007 to March 2008) there would have been a nice run. However, the system began a steep drawdown there after. A trader who may have hurried through their analysis may have found themselves caught in this system that does not show strong past performance.

One of the nice features of the FSS platform, if a system has been around for several years, then you can run an equity curve for the full time period since inception in lieu of just the past 12 months. So in the case of Cyclone, they have been around since July 2006. If you run an equity curve going back to the inception, you will see this has been in a much larger drawdown of about 2,500 pips since 2006. We will pass on this system.

Max DD : -1,408
Profit in Pips : 306
Start Date : 7/10/06
Attached Thumbnails
system-reviews-dailyfx-course-instructors-cyclone_system-eurusd.jpg  

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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.
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  #40 (permalink)  
Old 10-31-2008, 12:00 AM
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WealthBuildersFX-Striker EURUSD Review

We finish off our review of EURUSD systems by looking at WealthBuilders Striker. This system offers us several good qualities to consider. Through out the past 12 months, it has had a series of shallow drawdowns that it recovered from quickly. This has given us a nice Risk Adjustment Factor of 3.1 (a factor above 1.5 is quality). I like that this system has been around for 13 months and trades only 1 position at a time. Trading 1 position at a time is positive because it gives us more flexibility with the system. There won’t be as much capital required to support this system as there would be for another system that opens 10 positions at one time. Therefore, we could trade this system on larger trade sizes or we could use some of our capital to support another system.

WealthBuilders has certainly made our short list to consider in our portfolio.

Speaking of the short list, we have reviewed the 25 more heavily traded EURUSD systems. Next week, we will compare our short list of candidates to add to our portfolio.

Max DD : -702
Profit in Pips : 2,250
Start Date : 9/11/07
Attached Thumbnails
system-reviews-dailyfx-course-instructors-wealthbuilders-striker-eurusd.jpg  

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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.
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  #41 (permalink)  
Old 11-03-2008, 02:15 AM
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EURUSD System Decision

We have reviewed 25 of the EURUSD systems that have produced the most number of trades over the past 12 months. There are 3 systems that have, in my opinion, equity curves to make me consider trading them as designed are in no particular order:
1) WealthBuildersFX-Striker
2) PipRancher
3) Clayburg_Multiphase

Let’s compare these systems side by side according to some of the major categories.
WealthBuilders PipRancher Clayburg_Multiphase
Max DD -702 -1,342 -782
Max Positions 1 2 6
Risk Adjust Factor 3.37 1.79 2.75
Profit in Pips 2,368 2,407 2,151
*Leverage 1.00 2.00 6.00
*Based on fixed lots of 10k each on an account balance of $10,000.
*Leverage is a powerful tool that can maximize losses as well as gains.

PipRancher has the largest drawdown without much advantage from a profit standpoint. Let’s eliminate them. So we are basically down to deciding between WealthBuilders and Clayburg.

Both WealthBuilders and Clayburg have similar Max DD and both have been around for more than 1 year. Probably the largest difference between these two systems are their maximum number of positions. Clayburg may have 6 open while WealthBuilders opens 1 at a time.

With all else being equal, I would select WealthBuilders since they have a fewer number of positions opened at any time. With 1 max position, they require less capital to run the system because you don’t have as many open positions using up margin. If you have a larger balance to work with, you can trade WealthBuilders on a larger lot size or add other systems to diversify. We will start off and add WealthBuilders to our portfolio and look for another system to compliment it. Since the FXCM FSS demos start off with a balance of $100,000, we will trade WealthBuilders on a standard lot per signal.

Tomorrow, we will begin our search for a GBPJPY system.
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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.
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  #42 (permalink)  
Old 11-03-2008, 11:47 PM
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GBPJPY List of Systems

Today we are going to begin our search for one of the most popular currencies traded…the GBPJPY. To begin our search, in the performance tab of the system selector, I have drug the PAIR column up so the list is sorted by currency pairs. Next, I have these systems sorted by PIPS by left clicking on the column header.

The resulting search yields the list attached below. There are many good systems in the list below. With the GBPJPY moving 7500 pips in the past 3 months, we have to be careful not to chase any of these system’s returns. Since we are looking for a system that stands the test of time, we’ll review those systems that have been ‘born’ to the FSS prior to 2-1-08. This allows us to see how they performed prior to the recent volatility which is quite unusual.

Scanning through the list, there are systems with nice returns, yet with considerable drawdowns. To help make the GBPJPY system successful, plenty of capital is needed to support the system.

WealthBuilders was added for the EURUSD yesterday. We will follow its trades while looking at the list of GBPJPY system's below. We will begin tomorrow by looking into PipSniper.
Attached Thumbnails
system-reviews-dailyfx-course-instructors-gbpjpy-list.jpg  

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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.
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  #43 (permalink)  
Old 11-05-2008, 01:30 AM
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PipSniper GBPJPY Review

Today’s system offers a very nice upward sloping curve. The drawdowns have been relatively mild through trading with 2 instances of 700+ pips. We are currently in a 890 pip drawdown. The risk adjustment factor is 11+ which indicates a speedy recovery from the drawdowns. All of these factors point to why this system has made our Top 10 list of most frequently selected systems by live users.

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As mentioned yesterday, carefully watch out for newer systems with limited trading history. They may indeed be quality systems, but with limited history to review how it handles the changing market conditions, we are seeing only a small piece of the puzzle. PipSniper has been trading with the FSS for 9 months now so it has just enough for us to see how it operated before the volatility really kicked up in the markets.

This is a good system to consider adding to our portfolio. With the GBPJPY being a volatile pair, with market conditions being volatile, you will need to make sure you have enough capital to support trading of this system. You’ll want to consider at least $30,000 - $50,000 to trade standard fixed lots on this system. We will continue our GBPJPY review tomorrow.
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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.
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  #44 (permalink)  
Old 11-06-2008, 01:39 AM
Jeremy Wagner's Avatar
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Jeremy Wagner is an unknown quantity at this point
BreakoutMaster GBPJPY Review

Max DD : -1,884
Profit Pips : 9,503
Start Date : 1/11/08

Today’s system has shown steady trends from the lower left to the upper right. Along the way, there have been a couple drawdowns 856 to 1214 pips. The system has recovered from those drawdowns rather quickly which shows up in its risk adjustment factor. The current drawdown of 1884 is the max drawdown for the time being. With a max positions of 3 and with several drawdowns near 1,000 pips, this is a good system if you have enough capital to support it.

This system will be one of our short list contenders to consider selection.
Attached Thumbnails
system-reviews-dailyfx-course-instructors-breakoutmaster-gbpjpy.jpg  

__________________
Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information

*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.
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  #45 (permalink)  
Old 11-07-2008, 12:34 AM
OmR OmR is offline
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