chrisbenjy

quick update + 30pips - Going to go silent in here for a while and let others have a voice since i seem to be somewhat controlling this thread.

I would contribute but all my trades lose so there's no point.

I could see some improvements with their promotions, can see some advts in our forum itself..

 

And, for Mr. Soundfx, i could see some changes in d whois information.... Now would you like to say, they have planned to run away after 7 years.. lol ..

 

Domain Name: ECNALPHA.COM

Registrar: DIRECTI INTERNET SOLUTIONS PVT. LTD. D/B/A PUBLICDOMAINREGISTRY.COM

Whois Server: whois.PublicDomainRegistry.com

Referral URL: http://www.PublicDomainRegistry.com

Name Server: DNS1.ECNALPHA.COM

Name Server: DNS2.ECNALPHA.COM

Name Server: DNS3.ECNALPHA.COM

Name Server: DNS4.ECNALPHA.COM

Status: clientTransferProhibited

Updated Date: 05-dec-2010

Creation Date: 08-oct-2010

Expiration Date: 08-oct-2017

 

And, Mr. Scarface.. Yes they are unregulated... heard they trying to get one.....

 

I donot endorse this broker, i also want to see some reviews from everyone, as i have been working with them for some time.......

 

Thanx......

I don't think you will get any reviews. the broker has only been up 2 months. I (and probably everyone else) didn't even know about the broker before you made this thread, never mind used them.

Best thing to do is to get admin on FPA to list the broker on the review page so people can review.

I wouldn't be surprised if your their only client though.

If you've had to sell personal belongings then your obviously not following the rule: "Trade only what you can afford to lose".

Advice is just to trade responsibly and not to mess about with clients until you are profitable with your own money.

Are you saying that II needs an additional 18 new mods? There are quite a few good people, finding one that has the time to invest is probably harder. Here are some that seem to always be helpful. Craven, Diesel 10, Roels Major, Joy 22, Halcyonn, deadsoul, musketeer, fxeasy5, fx4_ever, expat1967, t2g, mashki, testtt, freddy, gringoh, fxknight, trduraikamaraj, chankl78, chetachukwu, Stormin Normin. There are plenty others. See who bites the hook. Thanks to all here--II is the best invest forum because of its members.

Good names. Isn't Stormin Norman already a mod?

victor ecn,

You've been trading with them for 2 months?

When were they formed? Because there is no trace of them before November 28th 2010. All the forum threads and the earn forex information thing were all created on or after November 28th.

Thanks chrisenjy and tmalone. What however I do not understand is what do brokers have to gain by manipulating prices quoted to us? they make money from spreads anyway.

 

tmalone, I have tried Bernie Mitchell, but was just as unsuccessful. Are you able to tell me how you determine strength and weakness? Are there any indicators or fundamentals you look at?

Money from spreads is not enough. Nearly all firms have a profit maximising objective, and manipulating prices is how they can achieve it.

Sometimes I feel the prices seem to be manipulated by the brokers and we are at their mercy as fx is always traded on market makers platforms.

I might be wrong but from observation I've seen that the low of a candle can be determined by the spread.

I.e. on a variable spread broker, they could increase the spreads right as the current bar closes, basically selecting exactly where they want the candle to close and where the low is. They could do this several times in the same area to make it look like a support area and lure traders into taking long positions. Then as soon as they get enough traders with long positions at that area, they increase the spread further to trigger the SL.

I haven't used the broker, but looking at their website there is no 'about us' page or 'mission' page. Their registered in Hong Kong, but it's not mentioned anywhere on the website (that I can find). They look like a relatively new firm (i.e. created last week or something), but they don't have a history page so I have no idea when they were formed.

The FAQ states they are not regulated (not much of a big deal to me, because regulators don't give you much more protection, if any).

I can't find any reviews anywhere, so I would definitely exercise caution with this broker. Because their new we also don't know much about whether they would be able to handle the cash flow if they got a huge flurry of demand and traders wanting to withdraw profits, so it may take a long time to see your withdrawals.

Also, one more thing is that their "Portfolio management" page lists a third party fund manager. I would definately not go anywhere near this guy. It looks really strange and unprofessional, because he requires a minimum deposit of 10 000 USD, but he has a Gmail account. Wouldn't you think that if he was handling amounts of money like that, he would get himself a proper email address.

Hey syk1kz and benny,

Can you please post a few more images of your trades, because I don't know what I'm doing wrong. I'm following the system and bringing my knowledge into decisions, but it's not happening. I've taken 7 trades and had only 1 winner, whereas you both seen to win almost all the time.

I'm hoping I can learn some more from you both because at the moment I suck at trading. I thought I was quite knowledgeable about forex (I still think I am), but I can't seem to be profitable.

I read somewhere that this is a point in trading that everyone goes through and is where most quit, but I'm determined to make it and I'm not giving up :) .

Sorry, I'm with stingrayzz.

Anyway, something about it seems a little odd. It probably isn't, but I have a feeling.

I experianced most of the file links in Indoinvestasi are blank and I always got the message as "The file link that you requested is not valid. " Moderators please find any solution for the upload problems.

It's because the files are over a year old. Hopefully someone may re-upload the system.

okay I think people don't contribute the reason is they has not make money thorough forex yet. or they just fell that is not right thing to do.

 

anyway I well say is they has not make enough money to contribute.

Contributing doesn't always mean buying a system and sharing it. It also means helping build an EA for a system after its been requested and sharing that, or educating EA's/Indicators. So you can contribute without spending money, but if you start earning money through trading you are then able to share system's.

Hello all, sorry for my frustration earlier.

I have solved the problem. In the include file I just changed

int result = MessageBoxA(0 ,"Warning!!! This EA is already running on the same pair and TF!!!"+"\n" + "EA will be inactive.",WindowExpertName(),MB_OK);
        Can_Run = false;

to

int result = MessageBoxA(0 ,"Ignoring Error",WindowExpertName(),MB_OK);
        Can_Run = true;

It will probably cause serious problems if I actually do end up putting the EA on the same pair and tf, but I just have to make sure I don't.

Unfortunately now that the problem is fixed, it is too late to re-enter the trade.

Can anybody help me asap please. I have the EA open, but it says EA is already active on a pair and thus will be inactive on this pair. But it isn't, this is the only instance of the EA I'm running.

I have a live trade open so does any one know a solution please?

http://img217.imageshack.us/img217/5579/dumbasserror.jpg

Edit: Had to close the trade at a loss, because I'm not leaving a vulnerable order open without order management.

Can anyone pleas explain to me (i) why the EA seems to think I'm running multiple instances. (ii) how to solve it before I lose any more money.

looks about as solid as it can get really, it is not counter trend and we have confluence with extreme OS stoch, waiting for confirmation.

http://img337.imageshack.us/img337/9585/nzdjpy.gif

I see it too, are you taking it? I don't quite like the candle formation, but theres very strong confluence and amazing R:R.

Hey benny,

How are you doing with this system now?

I am live with it, but I'm about 1.5% down overall because I keep missing trades as I'm only available for 2 of the 6 4hr candle opens.

I'm trying to set up a remote desktop connection to my phone, but it's not working.

If you want to scalp then please trade with one of those unregulated brokers who allow you too

Are you making an assumption that only unregulated brokers allow scalping? Because, that is far from true.

Mr. M. Wael Alkel,

 

i had a already a big problem with UWC, they don´t pay me totally of my profits, excusing with big bulshit that i was using a non legal system, so since i´m mod at this forum i will be alert with your posts and all activity of UWC so no member of this forum will have to pass thru same problem that i have passed.

 

The system i was using was genius modified version, and made from 250usd to more then 5k in 1 month, then problems begin off course, UWC don´t allow traders to earn big money, only losers are allowed.

 

regards,

Hey eggzactly,

thanks for the heads up. Is that genius thing on this site?