July Performance Wrap-Up
Results On Our Systems and Tested EA's
It's important to be open and transparent when tracking the performance of our systems and forward tested EA's. This monthly wrap up gives the equity gain, and a brief commentary on the performance during the month. If you would like to discuss any of these systems in more detail please drop into the forex trading room. With the recent influx of members we always have people inside discussing the market and the best way to profit from the forex market.LiveForexTrading.info Signals
(we are now offering 20% discounts for 6 month subscriptions to our signals)
Pound Dollar Profits + 28.4%
July has been the best month on record, and 4th conse cutive winning month. The past 10 days of ranging movement has eaten into some of the large profits of earlier in
the month, however I'm still very happy with a 28.4% return for the month.Free Forex Signals
Erio's Earner + 30.1% (current 11% active drawdown)
Erio's Earner has been a very active trader over the month opening 224 trades with 69% winners. It has now achieved over 1000 net pips since it was launched!
Commercial EA's and Signal Providers
Volatility Factor +28.3%
This is my favourite commercial EA and has topped the charts as the best performing commercial EA for 2 months in a row. I've put another $2k into my live account on
the back of recent performances. It's also been very accurate at predicting direction with an 81% win rate.
Forex Growth Bot + 23.7%
Forex Growth Bot recovered from the 21% loss of June to finish strongly. It only had a 47% win rate, but when it did pick a winner it hit it out of the park.< br />
HaruEA + 18.2%
HaruEA continues to impress and is now at the water mark high after collecting heavily on the long move last week during Mario Draghi's speech last week.
Iin2ition Trading Group + 8.2% (return over 2 week period)
These guys appear to be the real deal, They are genuine professional traders who use a unique money management strategy. Their goal is to deliver consistent monthly
returns, it's only earlier but so far the indication is that they may be able to achieve this. Time will tell, keep an eye on the live account statement. In2ition
Trading are often inside the trading room if you would like to ask them any questions directly.
Honest Forex Signals +3.9%
It is slowly battling it's way back from the heavy drawdown in May. The good news is that it's starting to build some consistency.
FX Phantom + 5.1% (current open drawdown of 24%)
I had a chat to the developer (William Morrison) during the month. In response I have decided to scale back my account considerably while increasing the risk. I've reduced my initial deposit of $7k down to $2k and increased the risk 3 fold.Live Forex Trading
Pipjet + 0.4%
As you would have seen from my email during the month, this has hardly traded and certainly isn't anything to get excited about. During the past 25 days it's traded 9
times with 5 winners. I'm likely going to abandon this and give my license away. There are better places to put my money.
Forex Replicator - 1.5%
This is a semi manual system, and to be truthful I don't give it the attention it deserves. I will likely abandon trading this as an EA next month and use it exclusively as an indicator. It is too labour intensive to trade and fairly inconsistent.
Million Dollar Pips - Abandoned I am officially abandoning Million Dollar Pips... This was game changing EA for me in 2011 as it taught me I that massive profits in a
short space of ti me are
achievable, but an EA like this it is a double edged sword. When I first loaded this EA I made $1,000 (20% on account equity) within 3 hours of going live. The first 2
weeks were truly amazing as it doubled my account, however I ended up giving back all my profit and part of my capital as I hung on for the market to change. Million
Dollar Pips has gone from Hero to Zero for me and I won't be trading it any longer.August promises to be the most anticipated since the launch of iveForexTrading.info!
Erio is launching Erio's Precious Earner! He has adapted his successful trading strategy to the XAU/USD and soon will be making the additional pair available via the
trade copier. Erio has also confirmed that he is working on adding silver to this product.
We are launching Bushman's Bullion! Bushman is a specialist of trading Gold (XAU/USD). He has managed to double the siz e of his account during the month of July
while we have been observing him trade inside the trading room.
We are working with a hedge fund trader that specialises in trading news events. He has generated 10% monthly returns consistently over the past 5 years and will
likely be added to our list of signal providers towards the end of the month.
See you in the trading room!
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