Forex Autopilot Trading

April 2009 Daytrading Results

2009-05-04T09:36:00.000+01:00

+210 pips (Majors), -60 pips (Crosses). Total monthly return: +150 pips

I started quite well with the two systems but ended giving back most gains in late April. A "mini blow-up" when trading the yen-crosses had cost me a whopping -435 pips in one week. It was a record nonetheless - the largest losses the system had taken in a single week since the record began.

System Review: A Year of Performance Tracking

2009-04-20T21:50:00.001+01:00

(First posted on Scoutforex.com)

It has been more than a year since I first started to measure my daytrading system performance on a monthly basis. Here a couple of charts I put together to see how I have been fairing:

These graphs tell me that I have been doing the right thing all year long by:
1) Generating the right trading ideas at the right time
2) Diversifying my money in two different market places, i.e. Major Pairs and Yen Crosses.

I am able to make steady gains with the two systems, simply by betting against the short-term moves for the US dollar and Japanese Yen day in day out. The combined results say it all. I have made more gains than losses, 10 positive months out of 14, averaging about 310 pips each month.

Worth mentioning, the only one time my system made a triple-digit losses was back in July 2008, that is -140 pips. Others are -50, -70 and -25 pips in May' 08, Nov' 08 and Jan' 09. Also on the plus side, the system is capable of hitting four-digit monthly gains, which so far outstrip the recorded losses by many times. This has already happened twice: +1175 pips in Aug' 08 and just recently +1055 pips in Feb' 09.

Overall, my system did incredibly well even when the market was volatile. I hope my system can continue to make gains for me and you as the economy recovers.

Here are my monthly daytrading reports:
March 2009 Trading Performance
February 2009 Trading Performance
November 2008 Trading Performance
October 2008 Trading Performance
September 2008 Trading Performance
August 2008 Trading Performance
July 2008 Trading Performance
June 2008 Trading Performance
May 2008 Trading Performance
April 2008 Trading Performance
March 2008 Trading Performance
February 2008 Trading Performance

Daytrading Subscriber Service (Mar' 09) +265 pips, 11th Positive Month out of 14

2009-04-06T16:30:00.001+01:00

This would be the 11th month of positive gains (out of last 14) if you had closely followed my US dollar market sentiment table and subsequently traded the major pairs' signals as we started back in Feb 2008.

The daytrading system did well again last month. We increased the results for major pairs by +265 pips, and also +60 pips for the cross-yen pairs. The EUR/USD result was up by another +50 pips, overall +1120 pips . EUR/USD is, so far, the biggest gainer.

EUR/USD +1120 pips;
GBP/JPY +845 pips;
USD/CAD +620 pips;
USD/CHF +555 pips

If you would like to signup my Market Sentiment Table and Daily Live Signals, please click here.

Download Free Forex Killer Automater

2009-03-01T00:23:00.001+00:00

From Andreas:

In the era of forex robots everyone is trying to automate his trading. That's why Forex Killer developers were working hard behind the scene to keep the popular money making software up to date with the modern market situation!

Meet - Forex Killer Automater! With this nice piece of software called AutoFxK developed by A. Alexander John you can now automate your Forex Killer trading in Metatrader4 platform!

100% autopilot approach! No more boring manual price data loading!

AutoFxK was designed to act as a mediator between Forex Killer and your MetaTrader trading platform. It will load the price feeds inside ForexKiller and place /close trades for you automatically!

And the most cool part - it is totally FREE for Forex Killer members!

Just go to Forex Killer member area and download new Automater for free!

Don't forget to download the fresh version of Forex Killer first otherwise automater will not work!

Day Trading Service: Trading Report Feb' 09 (+435 & 620 pips)

2009-03-01T00:01:00.001+00:00

Fact 1: Major-pairs Results +435 pips; Cross-yen Results +620 pips; 100-Pip EA Results +176.8 pips

Last month (Feb' 09) was a good month for daytading. The forex markets was less affected by the performance of the equity markets. And we saw the cross-yen pairs rallied from multi-year lows.

Fact 2: 10 out 13 Winning Months Since Inception

Major pairs results is the benchmark performance of our DTS. The End-of-Session system has bounced back strongly from previous losing months (-45, -145 pips) and recorded a bigger-than-average monthly profits (+435 pips).

The other cross-yen and the 100-pip ea systems also made gains during last month. The latest results and breakdown of 100-pip trades can be viewed here.

Fact 3: Individual Performance Overview & EUR/USD Still the Top Performer

EUR/USD is still the biggest gainer of all since the start of record, closely followed by GBP/JPY and USD/CAD.

Results summary:
EUR/USD +1070 pips
GBP/JPY +885 pips
USD/CAD +595 pips
USD/CHF +475 pips

All ScoutForex readers are welcomed to join our daytrading group and learn instantly how to build confidence, generate a sense of control and make gains in the forex market with ScoutForex DTS. Looking ahead, we are well-positioned to capitalise on the system's future gains in the forex markets.

Mixed Results But Still Profitable Monday (+100 pips)

2009-02-23T22:23:00.004+00:00

We went long US dollar this morning. Today's gain mostly came from the short EUR/USD position.

European Session
No. of signal recommendations: 3
End-of-session results: GBP/USD (-70 pips SL), EUR/USD (+135 pips) & AUD/USD (+35 pips)

Today's results: +100 pips.
Accumulated pips (Majors): +2470 pips
Accumulated pips (Yen-crosses): +1655 pips

Today +70 pips, This Week +355 pips

2009-02-20T22:41:00.006+00:00

It was a profitable Friday. Both my manual and automatic (100-pip EA) trade setups produced winning results. You can now follow my all my previous results here and here.

European Session
No. of signal recommendations: 1
End-of-session results: GBP/JPY (-70 pips SL)

US Session
No. of signal recommendations: 3
End-of-session results: EUR/USD (+25 pips), GBP/USD (+50 pips) and CHF/JPY (+65 pips)

Today's results: +70 pips.
Accumulated pips (Majors): +2370 pips
Accumulated pips (Yen-crosses): +1660 pips

100-pip EA System
No. of auto-entries:3
Final results:
GBP/JPY +40 & 96 pips
CHF/JPY +40 & 100 pips (maximum target hit!)
EUR/USD +40 & 3 pips
Total: +319 pips

A Profitable Start to New Month: 7 Intraday Winners

2009-02-03T22:17:00.000+00:00

First daytrading report for this brand new month (Feb' 09). Had some brilliant results today. Many trade ideas were generated by the 'market sentiment' system, particularly in the early session, and they all winners. You can now follow my daily results here.

European Session
No. of signal recommendations: 6
End-of-session results: EUR/USD (+40 pips), GBP/USD (+40 pips), AUD/USD (+30 pips), USD/CHF (+5 pips), EUR/JPY (+60 pips) & CHF/JPY (+15 pips)

US Session
No. of signal recommendations: 1
End-of-session results: AUD/JPY (+5 pips)

Today's results: +195 pips.
Accumulated pips (Majors): +2105 pips
Accumulated pips (Yen-crosses): +1055 pips

A Winning Start to 2009

2009-01-05T20:03:00.004+00:00

Europe Session
No. of signal recommendations: 1
End-of-session results: USD/CAD (+85 pips)

US Session
No. of signal recommendations: 1
End-of-session results: CHF/JPY (-25 pips)

Late Session
No. of signal recommendations: 1
End-of-session results: EUR/JPY (-5 pips)

100-pip System
No. of auto-entries: 2
Potential profits:
USD/CAD +40 pips (minimum target hit!)
CHF/JPY open

Daily report: The Start of 2009 & My Daytrading Routine

Two More Cross-Yen Results +35 pips Today, +350 pips This week

2008-12-10T11:01:00.001+00:00

Two more trades today on top of Monday's positions (+315 pips). We remained sideline with the Major pairs.

Europe Session
No. of signal recommendations: 2
Major pairs results: EUR/JPY (+30 pips) & CHF/JPY (+5 pips)

Dec 01 - 05 Daytrading Results

2008-12-07T13:12:00.000+00:00

Mon: Major pairs (-55 pips) & 100-pip trading (+52 pips)
Tue - Fri: No Trade

It was a quiet trading week as we kept our neutral stance on the major pairs for most of week. We still have about two and a half trading weeks left before the year ends. The system did so well for most of this year and let's hope my daytrading results can end on a higher note.

FAPTURBO Review - A Much Improved FAP Version?!

2008-12-05T21:39:00.000+00:00

(First posted on ScoutForex site)

Forget the previous disappointment of Forex Autopilot (FAP). Because the new FAP Turbo package has seriously outperformed FAP over the same time period.

Please check out these claims by the developer (Steve Carletti) first.

Trading System Description:
Trading system of FAPTurbo expert-advisor is 100% automatic. Its new features include Automatic Risk Scaling, High-Spread Protection System and Build-in Loss Prevention. The system is capable of handling multiple currencies and promises low drawdowns. It can make up to 10 - 20 trades weekly, providing a high trading activity for your account.

BackTest on History:
Great results in 1999-2008: 5000% of profit in 9 years! Made 499,785 from 10,000 usd!

LiveTest on Real Money Accounts (Live proofs available):
Account 1: $370 turning into $3,100 in 1 short month
Account 2: $2,500 turning into $6,700 in 32 days
Account 3: $10,000 turning into $32,900 in 90 days

What I also like about the FAP Turbo is that you can even have your system installed on its provided 24/7 running server. This way, you will not need to have your own computer turned on ever.

All in all, the FAP Turbo system looks genuine and has already promised us much. Talk is cheap and I do hope this trading robot can continue to build on its reputation. We shall review its live trading outcomes soon on this site.

Update (1):
I can reveal that the FAPTURBO system consists of two trading strategies. One being the Short-term Scalper Strategy which can work on 4 pairs: EUR/GBP, GBP/CHF, EUR/CHF and USD/CAD on M15 (15-minute) timeframe. The other being Long-term FAP Strategy which has been optimised for the EUR/USD pair on M1 (1 minute) timeframe.

Handsome Profits and Happy Thanksgiving Thursday

2008-11-27T10:42:00.001+00:00

Europe Session
No. of signal recommendations: 4
Major pairs results: GBP/USD (+140 pips), EUR/USD (+55 pips), USD/CHF (+45 pips) & USD/CAD (+45 pips)

100-pip System
No. of auto-entries: 2
Potential profits:
GBP/USD +100 pips (maximum target hit!)
EUR/USD +50 pips (minimum target hit!)

We entered the last two trading days of the month. The rewards were justified for today after completing almost another month of good and solid trading with the market sentiment approach.

Finding Your Trading Edge In Different Market Conditions

2008-11-23T11:09:00.002+00:00

Friday US Session
No. of signal recommendations: 1
Major pairs results: EUR/USD (+10 pips)

During this volatile time, it's important to stay on track no matter what. It's all about capital preservation and reducing risks during tough market conditions. It's important to honour stop-loss levels and there is no reason to fight the markets without a proper trading plan.

There is something extraordinary about this market. At present, the forex markets are greatly affected by the performance of stock makets. The latest dip in the US markets has significantly changed the daily normal operation of the forex markets, especially during the month of November.

All daytrading systems are facing a uphill battle due to the current situations. Nonetheless, my major-pair system still ended breakeven for the week, and +260 pips for the month.

One Tricky US Session Wednesday

2008-11-19T23:43:00.001+00:00

Europe Session
No. of signal recommendations: 1
Major pairs results: -
Yen-crosses results: AUD/JPY (-20 pips)

US Session
No. of signal recommendations: 3
Major pairs results: GBP/USD (-70 pips)
Yen-crosses results: EUR/JPY & GBP/JPY (-70 pips)

100-pip Target Hit for GBP/USD

2008-11-18T23:43:00.000+00:00

The 100-pip ea program has just closed the last two entered GBP/USD trades with +40 & 71 profits.

Good Results with Fixed-Hour (Forex Killer) Signals Tuesday

2008-11-18T11:28:00.002+00:00

All winners today. My daily signals the major pairs had added another 60 pips today to produce an overall +320 pip profits for this month.

Europe Session
No. of signal recommendations: 2
Major pairs results: EUR/USD (+40 pips)
Yen-crosses results: GBP/JPY (+125 pips)

US Session
No. of signal recommendations: 1
Major pairs results: GBP/USD (+20 pips)

100-pip System
No. of auto-entries: 3
Potential profits:
EUR/USD
GBP/USD +100 pips (maximum target hit!)
GBP/JPY +40 pips (minimum target hit!)

Two Profitable 100-pip Trades on Monday

2008-11-17T18:35:00.001+00:00

100-pip System

No. of dynamic entries: 2
Potential profits:
CHF/JPY +50 pips (minimum target hit!)
EUR/JPY +50 pips (minimum target hit!)

100-pip EA
No. of auto-entries: 1
CHF/JPY +40 & 31

Kick Start 100-pip Trading with Monday's Winners

60 pips in first 20 minutes with USD/CAD Friday

2008-11-14T08:20:00.003+00:00

Europe Session
No. of signal recommendations: 1
Major pairs results: USD/CAD (+50 pips)
Max. pontential: +90 pips

Good for profit taking right now. But it's interesting to see how it ends later. (Update: final profits +50 pips.)

Patiently Waiting for the Right Setup Thursday

2008-11-13T16:26:00.001+00:00

I've just received another testimonial from one of my DTS subscribers. I will share it here.

From Cuulmusic:

I would like to thank you for your effort and service, which has been good, particularly not feeling pressured to send out signals, if you felt there were no good opportunities available.

Basically, I was just following my forex trading routine. For the last two weeks, the markets are heavily driven in one-way direction to multi-year highs/lows and there are hardly any significant pullbacks. When the situation improves, I believe my "automated" system will be there to capture the right moves.

EUR/USD & GBP/USD Hit 100-pip Profit Targets

2008-11-11T16:07:00.003+00:00

Our last two trades from yesterday, i.e. EUR/USD and GBP/USD, managed to hit their 100-pip targets:

How to Make 100 pips in One Single Forex Trade

No action today due to a neutral technical bias.

Triple Digits Gains Monday ! Major Pairs +210 pips and 100-pip EA +229 pips

2008-11-10T15:23:00.001+00:00

US Session
No. of signal recommendations: 3
Major pairs results: GBP/USD (+140 pip), EUR/USD (+100 pips) & USD/CHF (+40 pips)

Europe Session
No. of signal recommendations: 1
Major pairs results: USD/CAD (-70 pips)

100-pip System
No. of dynamic entries: 3
Potential profits:
USD/CHF +40 pips (minimum target hit!)
EUR/USD, +90 pips (minimum target hit!)
GBP/USD +80 pips (minimum target hit!)

100-pip EA
No. of auto-entries: 2
Final results: + 40, +90, +40, + 59 pips

Yen-crosses + 90 pips, Major Pairs No Trade This Week

2008-11-07T19:05:00.002+00:00

The system added three more signals in the last trading session of the week.

All winners today and thus making 5 wins of 7 for this week, up +90 pips for the month with the yen-crosses pairs so far.

Surprisingly, the system didn't make any signal with the major pairs.

Late Session
No. of signal recommendations: 3
End-of-session results:
Yen-crosses: GBP/JPY (+55 pips), EUR/JPY (+30 pips) & CHF/JPY (+10 pips)

A Typical Signal Fine-Tuning Example & 100-pip Pocketed Wednesday

2008-11-05T13:11:00.000+00:00

We had waited for the action this morning. The dynamic entry system by the 100-pip ea program had provided a better entry point and thus the subsequent profits.

Fine-Tuning Your Forex Killer Signal Entry and Exit

Europe Session
No. of signal recommendations: 1
End-of-session results:
Yen-crosses: GBP/JPY (-70 pips SL)

100-pip System
No. of dynamic entries: 1
Potential profits:
GBP/JPY +100 pips (maximum target hit!)

100-pip EA
No. of auto-entries: 1
Final results: +40 & 67

Start of November Trading Monday

2008-11-03T12:41:00.000+00:00

Europe Session
No. of signal recommendations: 3
End-of-session results:
Yen-crosses: GBP/JPY (+80 pips), EUR/JPY (-35 pips) & AUD/JPY (+20 pips)

100-pip System
No. of dynamic entries: 3
Potential profits:
AUD/JPY +40 pips (minimum target hit!)
EUR/JPY +40 pips (minimum target hit!)
GBP/JPY +40 pips (minimum target hit!)

100-pip EA
No. of auto-entries: 1