TradeProfits

Million Dollar Pips – Forward Test Discontinued

Posted on 07. Dec, 2011 by Jakob.

I started to live test the new EA Million Dollar Pips close to one month ago. Since then, performance has gone in one direction only – Down. You can read the details of the setup here Million Dollar Pips – Live Test Running.  Read more... (499 words, 1 image, estimated 2:0 mins reading time)

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Million Dollar Pips – Live Test Running

Posted on 15. Nov, 2011 by Jakob.

It was my intention to start this live forward test some time ago but due to a busy schedule, I simply haven’t had the time to set everything up the way I wanted it. I have spent the last week London with a very tight schedule. Now I finally had some hours to get things started.  Read more... (463 words, 1 image, estimated 1:51 mins reading time)

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Straddle Trader Pro – Webinar

Posted on 08. Jul, 2011 by Jakob.

Straddle Trader Pro

I have written about Straddle Trader Pro a couple of times before, lately. Straddle Trader Pro is a new EA which automates fundamental news trading. This EA is a great tool for those of you who would like to trade fundamental news releases, but lacks the experience to do this in a profitable manner.  Read more... (197 words, estimated 47 secs reading time)

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Straddle Trader Pro – Training

Posted on 30. Jun, 2011 by Jakob.

As mentioned in my previous post about Straddle Trader Pro, I will have a thorough review up shortly with all the details about this new EA. However, before I can do that I have to go through all the material and I can honestly say that is going to take a while, as there is a lot of stuff to cover.  Read more... (126 words, estimated 30 secs reading time)

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Straddle Trader Pro – Test if Free of Charge

Posted on 28. Jun, 2011 by Jakob.

Straddle Trader Pro – News Trading EA

Yesterday I wrote about Straddle Trader Pro, which is a new expert advisor that will automate the process of trading fundamental news releases. This is an innovative way of doing it, as the EA will work in conjunction with a newsfeed software, and this way work better than any straddle trading strategy seen so far.  Read more... (343 words, estimated 1:22 mins reading time)

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Straddle Trader Pro – News Trading EA

Posted on 27. Jun, 2011 by Jakob.

Straddle Trader Pro is a new software which will allow you to straddle trade the market completely automatic. Let’s first talk a bit about straddle trading.  Read more... (451 words, estimated 1:48 mins reading time)

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Forex Bullet Proof – Classic Marketing Stunt from the FAP Guys

Posted on 31. Aug, 2010 by Jakob.

Forex Bullet Proof is a new expert advisor which will be released today, in a couple of hours. The creators of Forex Bullet Proof are the same guys who made FAP Turbo, so obviously the expectations are high. In addition to this, they have decided to make Forex Bullet Proof available for FXCM´s new Strategy Trader. I am currently testing FXCM´s new platform and so far I am really impressed with it, and I definitely think that creating an EA for this platform is a step in the right direction, as the Strategy Trader has some really neat features which is not available in MT4. When that is said, I still need to test the Forex Bullet Proof and see the performance with my own eyes before I believe any of their statements. Just think back a couple of years when the FAP Turbo Swiss was launched. This was supposed to be a game-changer, as it was to be used with Dukascopy´s platform. It was expensive and from the reviews I read, it failed badly. However, it was a perfect marketing stunt as a way to differentiate the product. We have new EA´s every single day, and the FAP guys know that thye need something special to hype the product. Now I am not saying that Forex Bullet Proof won´t work, but I just need to see actually proof before I buy into any of this hype. This seems to be exactly the same story as we had a couple of years ago; having an EA is working with a different platform than MT4 does not necessarily make it profitable. Anyhow, I guess we will know in a couple of days, how good or bad this thing really is. Check out Forex Bullet Proof here.

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Scam Alert – Dragon Pips

Posted on 27. Aug, 2010 by Jakob.

This is a perfect example of just how scammy this industry can be. A couple of days ago, the guys over at ForexPeaceArmy posted this story about one of their members who bought an (or actually he bought three) expert advisor named Dragon Pips. According to the Dragon Pips sales page, customers are promised a 90 day guarantee refund period. First of all, the EA did exactly the opposite of what was promised, namely losing money rather than increasing the account balance; same old story about expert advisors. But in addition to this, the refund guarantee was apparently nothing but hot air, as the customer never got his money back. One way you can secure yourself for incidences like this, is to only buy products sold through Clickbank or Plimus. Don’t let the scammers get away with tactics like these. Read the full story here.

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ForexSecretAgent – It´s Not an EA – Or it it?

Posted on 08. May, 2010 by Bryan.

ForexSecretAgent is apparently a new indicator of some sort. What is funny about this whole thing, is that the creators, in their promotion video claim that:

This is NOT a robot at all

But then if you go to their affiliate page you will see the following:

 Read more... (134 words, 1 image, estimated 32 secs reading time)

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MyFxBook – Contest Registration and Expert Advisor Review Section

Posted on 25. Apr, 2010 by Jakob.

Some days ago I wrote about MyFxBook and their new contest section (read it here). A total of $3,500 in prizes will be given out in the first contest and it is free to participate. You only need to have a demo account with FXDD. You only have 7 days left to sign up, so go ahead and join in here. In addition to the new contest section, MyFxBook has also added a new Expert Advisor review section. This is brand new so there are still no reviews but the section itself is very neat! I really like the layout of the site, and the way you can cast your vote. Check it out and drop the first vote.

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