Forex Managed Accounts Using Robot Trading

I'm sorry for the delay !

2011-02-27T16:16:00.001+02:00

Hi,,,
It has been long time since last post. In fact, I have been to Germany and UK for business trip. Then, I enforced to change my plan and return back home to Libya, my country. I'm sure all of you already know what happened there.

For the reason of the revolution in Libya, I will stop (I wish temporarly) posting new comments.
Also, I already stopped accepting managing new accounts.

I guess, I have to renew the status of this post every week or two weeks at most.

We are here in Libya need your sincere prayers and Du'aa.

Sincerely yours,
O. Shaban

I'm back ! with new news :)

2011-01-11T23:15:00.000+02:00

Hi,
It has been too long time since my last post.
Things changed too fast. For this reason, I have been doing too many things at the last 2 or 3 weeks.
Teaching at university, graduation projects, forex, travelling, social life, bla, bla, bla.

This makes me to not be able to follow the EA and collect profit at the perfect time. As you know that the profit was up to 47% within about 10 trading days. For this reason, I finished programming this new version as a full automated version. I can interupt it if I want, but this will be too rare.

You may follow up the current results all the time from the up green bar. If you like to see the statement or the account analysis, you may click the bar.

Next few weeks/months, I will use it as a signal provider, so, you can adjust your account to the signal provider and get the trades into your account. Let me first prove that this will work :).

Best wishes,
O. Shaban

Profit has reached 47.14%

2010-12-31T17:45:00.000+02:00

Hi,

As I said yesterday, no more trades or maybe less profit percentage if any.

It is the end of the year and bank holiday.

Anyway, I succeed to extract some extra pips to take the profit up to 47.14% within 9 trading days.

The draw down is still low at 7.92%.

See you soon,
O. Shaban

Profit again is up ... 46.03%

2010-12-30T20:26:00.000+02:00

Hi,

I'm sorry for updating results less frequent due to busy life, trading, job, bla, bla, bla :)

I'm really so grateful to Myfxbook that they take the big job to publish my statement every 5 to 30 minutes.

All of us know that December is the most difficult month to trade. The real test for any EA or tradig system -I believe- should pass this month. Thanks God that my system is still gaining big profits.

Anyway, the EA gives me an indication that currency pairs on H4 time frame are mismatch in direction. You may, for example, have a look on EURJPY and GBPJPY, they are in oppotite direction. Also, EURUSD and GBPUSD, they are opposite in trand to each other. So, the EA wont open new trades for the next few bars or may be even tomorrow.

EA works 24 hours and it will pick the best chance as soon as it shows up. I may be visually check charts every 4 to 8 hours and giving some extra indicators tolerance of range to get new trades with less profit, if any!.

So, if you are interested to check my statement, please click here ...

If you are interested to copy my trades on your own account, you MUST to open the same positions I already opened. You have the choice to reduce the lot size with some factor to all positions. I'm saying this, because I trade multiple currency pairs together as a portfolio.

If you are interested to manage your account the same way I already publish here, please read the top right column of this page, where I already show my service terms and contact info.

See you soon,
O. Shaban

Profit is up to 40.06%

2010-12-30T09:15:00.002+02:00

Hi,,,
I'm back with a new good news.

Account profit is up to +40.06%. You may hava a look at Myfxbook to see the account details and analysis.

See you soon,

O. Shaban

Market closed on floating profit of 30.95%

2010-12-24T21:07:00.001+02:00

Hi ...

For the first week, market closed on floating profit of 30.95% and DD of 7.92%.

I instructed the EA to trade maximum of 6 pairs. During the last week, I try to keep trades open as much as I can. I trade H4 time frame.

If you want to investigate the detailed statement, you can go to ...
https://www.myfxbook.com/portfolio/basic-balanced-system/71824

It is still showon there that the profit is 24.34% because there are still profitable trades are not closed yet.

I still encourage you to read about the system I use either at Arabictrader.com or Forex Strategies Revealed forums to get more confidence about the system and EA I used.

For any question about the system or service I give, please email me or leave your comment here ...

This time, I attached a print screen of my platform after the market close.

Have a nice weekend,

O. Shaban

Update ... Profit is +36.46% in just 3 days !

2010-12-22T20:25:00.001+02:00

Hi ...

This a new update ...

Let us see the statement and statement's summary first :)

Current Floating Profit is +36.46% in just 3 days !

If you want to take benifit of my EA, you may take the chance to copy my trades from the above server data. I will give a notice before stopping this option. If you get any results from it, please share it here!

Happy trading,

O. Shaban

Today's update ...

2010-12-22T12:27:00.002+02:00

Hi ...

This is my today's update ...

Floating Current profit = 24.74%

Open orders are not closed yet !

By the way, you can follow live trades using the account data mentioned at the top of the page.
Enjoy following this blog with everyday good news :)

O. Shaban

Current results ...

2010-12-21T22:09:00.000+02:00

Hi ...

This is my results of opened account of $10,000.
Starting day, Monday, December, 21, 2010 "Yesterday"

Current profit = 11.93 %

Enjoy following this blog with everyday good news :)

O. Shaban

Back to business in a new look :)

2010-12-21T21:40:00.001+02:00

Hi ...
It has been weeks ago since last post. I already accepted the fact, and still working on the EA for longer period to run with some tweaks.

Back to 2008, I did an astonishing expert advisor. I named it "Basic Balanced System", the EA is very profitable. I already opened two threads on two of famous forums.

You may have a look to the following links,

FORUM 1 ... in Arabic, it is the Arabic Trader Forum. The most Forex and Stocks Arabic Forum.

FORUM 2 ... in English, named by Forex Strategies Revealed. It is well known forum.

The idea of my Expert advisor is already taken from the second forum. For that reason, I published the EA itself there as a kind of "Thank you".

Because of my duties, I couldn't continue to follow there. I'm still supporting the thread at ArabicTrader and posting my results and new enhancements to the EA.

I use H4 time frame, which gives me a very comfortable trading sessions. Less chart watching. Less stress. More confident.

I didn't put the EA on sale, because it needs human interaction from time to time, specially at the entry points. Because I'm the programmer of it, I know how exactly to drive it. You may notice that from the results I published in the forums. For this reason, I decided to use the EA rather than My Money Machine EA in managing accounts.

If you are interested to manage your account using the "Basic Balanced System" according to the terms I mention on the right hand column, please feel free to send me an email.

For those who are interested to use the EA by themselves, please use it on demo account first. Using the EA on live accounts is your own responsibility. Even if you need to ask about it, please feel free to contact me on my email or write your comment here.

For the time being, I guess, My Money Machine EA will take more longer time to get back to the surface.

Thanks to all of those who support me all the way.

By the way, I will publish my statement on the net later to check how the current account get bigger and bigger :)

Sincerely yours,
O. Shaban

Thank you for your support :)

2010-12-04T22:25:00.000+02:00

Hi,

Thank you very much for all who support me and trust my EA.

In fact, I have been honest, I already published all my contact info. and received a lot of emails and some phone calls on skype and SMS. During all this time, I did good relationship based on trust and mutual benifit.

The good thing is that some of EA buyers blame me about refunding them without they ask for that. They are still in faith that the EA works with less risk and some of them did some analysis and gave me very good ideas. I'm really proud of having such good people.

I will try, again, to test the EA for continious 2 months with new improvements.

Once, I finish the code modifications and publish the new account username and investor's password, I will give a notice in this blog.

Anyway, I will not sell a single copy of the new expert until I finish the 2 months test.

All of you are invited to write their positive or negative comments.

Best wishes,
O. Shaban

It is the moment of truth !

2010-12-03T23:39:00.000+02:00

Hi,
I'm back, but with too bad news !
It is the moment of truth ...
The EA failed to finish the last EURJPY cycle with series of loses. The last lot size was 3.2
This never happened to me since a year ago. This is because the accounts I were trade were too much bigger and the starting lot size much less. But the fact, I lost.

It is not the end of the world.

It is hard luck to me. I already started to refund payments to everyone who bought the EA. I have to do that.

For those who I offered them a discount, please be paitent a little bit of time. I will refund you as soon as I can do it.

Thanks to all of you.

Also, I would thank all of who sent emails, chat with me on Skype or Yahoo messenger and support me.

I wish the best to all of you ...
Good bye,
O. Shaban

Waiting for the result !

2010-12-03T12:49:00.000+02:00

Hi,
I got the best possible entry for going Long. The price close above the pivot point @ 110.71.
Let us wait and see.
I may be will not post soon after closing this order. I'm busy with adjusting some codes for already ordered EA's to match every broker requirements and then I will go out of Tripoli (the Capital) for a quick trip.
I will post from my laptop if I got a chance.
See you soon.
O. Shaban

It's a hard day !

2010-12-02T22:49:00.000+02:00

Hi,

Today was a hard day. The expert advisor stop trading at the 1.6 lot. I already did this in the settings as a kind of protection for the account. For now, I have two choices, either accept the lose and start a new cycle, or, wait for best possible entry in the long direction to have a big probability to have a big profit by closing the current cycle.

I will wait till tomorrow to see if I can get a good entry point to recover the lose and change it to profit.

O. Shaban

New currency pair under test !

2010-12-02T01:44:00.000+02:00

Hi,

A few minutes ago, I opened 2 new pending orders on EURJPY. Yesterday, it has the highest range.

I used this pair and also GBPJPY few months ago while I was only managing accounts. I used to wake up in the morning and find the cycle is already completed. But they have a little bit higher draw down.

Let us see what will happen for tomorrow.

Good night,
O. Shaban

No loosing day for 20 days !

2010-12-01T20:06:00.000+02:00

Hi,
Just I want to say, that the net daily profit for 20 consecutive days are all in PROFIT.
No single day has negative result.

The avarage profit/cycle is 3.3%.

Draw down is only 11.86%.

Not bad results, Isn't it ? :)

O. Shaban

Now, Profit is up to 51.18%

2010-12-01T19:52:00.001+02:00

Hi,

Just I want to keep it short.

A new cycle is completed with a profit of $79 :) which is equal to 1.58%.

So, the summary is,

The total profit since 10/11 is $2559.11 = 51.18%.

See you soon,
O. Shaban

Profit is up to 49.6%

2010-12-01T11:18:00.000+02:00

Hi,

Cycle is with net profit = +$125 which is equal to 2.50%

So, the summary is ...

The total profit since 10/11 is $2480.11= 49.60%.

Good luck,
O. Shaban

FREE ... FREE ... FREE

2010-11-30T20:22:00.001+02:00

Hi,

If you buy the EA, you will get a FREE TOOL programmed by me to help you to improve your results by picking the right currency pair for the next/day.

It is simple, just drag it on the chart to get a summary of the previous day range in pips for 9 currencies at once on the same chart.

I named it by "YesterdayCurrencyRange".

I will send a copy to those who already bought the EA.

Happy trading,
O. Shaban

Profit is up to 47.1%

2010-11-30T15:49:00.002+02:00

Hi,
Cycle is just finished few minutes ago with net profit = +$103 which is equal to 2.06%

So, the summary is ...

The total profit since 10/11 is $2355.11 = 47.10%.

I will enter a new cycle after few minutes (open of the new H1 bar) on EURUSD as it has the highest daily range for yesterday.

Good luck,
O. Shaban

Price facing hard support @ 1.5517

2010-11-30T14:21:00.000+02:00

Yesterdays's cycle didn't finished yet because GBPUSD facing hard support @ 1.5517. If I close the current order manually, we will finish in total small net profit, but I like to keep the EA do his job.

In case of the price gos north, the cycle will take longer time to finish but the reward will be much bigger.

Let us watch and see what will happened.

Happy trading
O. Shaban

Profit is up to 45.04%

2010-11-29T07:59:00.001+02:00

Good morning ...

The cycle has completed about 5 hours ago. It was 3:30 am. I have been sleeping.
It is good to have someone working for you while you are sleeping :)

The net profit for the last cycle is $125 = 2.5%.

The total profit since 10/11 is $2252.11 = 45.04%.

Twelfth day ... Profit = 42.54%

2010-11-26T09:42:00.000+02:00

Hi,

Good morning.

The cycle has completed about half an hour ago. It takes 2 days to finish because the EURUSD was going in narrow range.

Anyway, as I said before, the final round should be a PROFIT :) . This is what we have for now.

The net peofit for the last cycle is $365 which is +7.35% profit.

The following is up-to-date results,

10/11 net profit = $125 = 2.5%
11/11 net profit = $205 = 4.1%
12/11 net profit = $205 = 4.1%
12/11 net profit = $125 = 2.5%
15/11 net profit = $30 = 0.6%
16/11 net profit = $365 = 7.3%
17/11 net profit = $205 = 4.1%
19/11 net profit = $149.52 = 3%
22/11 net profit = $137.65 = 2.753%
22/11 net profit = $89.94 = 1.9%
23/11 net profit = $125 = 2.5%
26/11 net profit = $365= +7.3%

Total Proft = $2127.11 = +42.54% in just 12 trading days :)

The next posts, I will change the comment in new informative and shorter way, including daily account summary.

As the account has started on 16th of Nov., I will wait to publish the result at the end of 15th of Dec. to show the complete month profit.

I would like to thank all who sent me emails or buy my EA for their encouragement and trusting my system.
If you want to see the complete statement, just login the account using a/c# and password.

Best of luck,
O. Shaban

Market is going in narrow range !

2010-11-25T21:06:00.000+02:00

Hi,
Last cycle is still in action. Market is going in narrow range. It doesn't matter, as it will finish in profit.
The profit will be high is the next move will go to the profit target. If not, the account will have a new loss, but be prepared to bigger profit collection.

Just watch and wait :)

Osama

Liberty Reserve payment option is added ...

2010-11-24T12:46:00.000+02:00

Hi,
I got a few requests to add payment option by Liberty Reserve.
I already added this option to make things easier for you.
If you already did a payment, please send me a notice on my email: shabano@gmail.com with the following info to adjust the EA for your account/broker requirements ...

Broker name,
Account #,
Account type, micro/mini/standard
Starting Balance to use the EA,
Leverage,
Currency, USD/EUR/GBP/JPY
Account digits, 4 or 5 digits.

I will try to send you the EA as soon as I receive these data.

Happy trading,
O. Shaban