Pipaholic Posted July 2, 2010 Report Share Posted July 2, 2010 I'm not liking the looks of this trade. I really don't understand what made them double up on it again. I'm not at a risk of 20% because of them doubling up their lot sizes. Do they really have 2 trades open at 4 lots each? I really wish I could see their stats. I email a request for it, but didn't get an answer. Quote Link to comment Share on other sites More sharing options...
Sauber Posted July 2, 2010 Report Share Posted July 2, 2010 (edited) http://img143.imageshack.us/img143/5624/39216114.jpg now they are at -55 pips means over 1000$ in minus. Over 2 hours the market will be closed and i don`t know if someone will stay confortable with that minus open over the weekend. Who knows what gap will be. Edited July 2, 2010 by Sauber Quote Link to comment Share on other sites More sharing options...
Sauber Posted July 2, 2010 Report Share Posted July 2, 2010 (edited) if will hit 100% fibo retracement that`s their SL will be the end. this is the worst and risky trade setup ever seen. maybe 200 ema will and 68 fib will kep the price... but i`m doubt http://img63.imageshack.us/img63/4397/retracement.jpg Edited July 2, 2010 by Sauber Quote Link to comment Share on other sites More sharing options...
Sauber Posted July 2, 2010 Report Share Posted July 2, 2010 (edited) update.. the price just broke the 200 ema and 68fib..let see what happens Edited July 2, 2010 by Sauber Quote Link to comment Share on other sites More sharing options...
hawkfx Posted July 2, 2010 Report Share Posted July 2, 2010 SO what do you recommend Sauber? Keep the trading or close one?? :) Quote Link to comment Share on other sites More sharing options...
Sauber Posted July 2, 2010 Report Share Posted July 2, 2010 (edited) SO what do you recommend Sauber? Keep the trading or close one?? :) maybe this guy is a genius to risk almost 20% of the account on thoose trades. I do not know on what's his analysis is based now but this trades put me in doubt because today i purchased 3 mounth VDS ( Virtual Dedicated Server) service for this system with Hiper V Win Server 1998. Pipacholic request an answer from them and i`m realy courios what will they say. From my poin of view maybe i may have taken this trede setup based on my technical analyses but not with that volume with 110SL ans scaled 2 times - 2 lots. That`s insanity. Maybe that risk is part of the whole game.. but i saw the first FXDD statement and he didn`t risk that much at the begining. http://img155.imageshack.us/img155/415/samurai.jpg ] Edited July 2, 2010 by Sauber Quote Link to comment Share on other sites More sharing options...
Sauber Posted July 2, 2010 Report Share Posted July 2, 2010 (edited) http://img710.imageshack.us/img710/1430/dailye.jpg euro staged a breakout and closed over red support and over my hand-drawn pivot level. We can’t ignore a move like this. My Chande and Momentum indicators say there is more upside to come soo with a little bit luck thosee trades will become profitable.. or not Edited July 2, 2010 by Sauber Quote Link to comment Share on other sites More sharing options...
Pipaholic Posted July 2, 2010 Report Share Posted July 2, 2010 Im wondering what will happen on July 4th when the US markets will be closed. Quote Link to comment Share on other sites More sharing options...
Sauber Posted July 2, 2010 Report Share Posted July 2, 2010 Im wondering what will happen on July 4th when the US markets will be closed. I`m not from USA but i read yesterday that Independance Day July 4 falls on Sunday this year so the US holiday will be Monday July 5. Quote Link to comment Share on other sites More sharing options...
Arthemis Posted July 2, 2010 Report Share Posted July 2, 2010 noone is worried by this trade ? http://img408.imageshack.us/img408/9059/scary1.jpg http://img691.imageshack.us/img691/9967/scary2d.jpg This had a potential 1200 pips loss and with a lot size of .5 this is nothing less than a potential 6000$ loss... I dont know what was the size of the account at the time but would you hold a position going wrong for so long if you have a proper management system ? Quote Link to comment Share on other sites More sharing options...
Sauber Posted July 2, 2010 Report Share Posted July 2, 2010 you can set the expert for a maximum 100 pips sl or 110 noone is worried by this trade ? http://img408.imageshack.us/img408/9059/scary1.jpg http://img691.imageshack.us/img691/9967/scary2d.jpg This had a potential 1200 pips loss and with a lot size of .5 this is nothing less than a potential 6000$ loss... I dont know what was the size of the account at the time but would you hold a position going wrong for so long if you have a proper management system ? Quote Link to comment Share on other sites More sharing options...
PyeR2 Posted July 3, 2010 Report Share Posted July 3, 2010 This guy looks like a loose cannon to me. Quote Link to comment Share on other sites More sharing options...
favoured111 Posted July 3, 2010 Report Share Posted July 3, 2010 See complete System here. Needs educating. http://theforexsamurai.com/esysfin1.html Everything is there. Please remove the limitations Quote Link to comment Share on other sites More sharing options...
4051fx Posted July 4, 2010 Report Share Posted July 4, 2010 that's why most trader loose, because just 1 or 2 loss their loosing their faith about their trading system, thank God, there is a system that eliminated this physiology, we must trust our system and let it run it self, and we must admit no one can guess 100% of the future. (remember they said they have 1 month loosing on 17 month trading). For me, we can judge this system about a year, like other business does, you cannot judge just 1 day performance. sory my english so bad Quote 4051fx.blogspot.com Link to comment Share on other sites More sharing options...
Pipaholic Posted July 4, 2010 Report Share Posted July 4, 2010 that's why most trader loose, because just 1 or 2 loss their loosing their faith about their trading system, thank God, there is a system that eliminated this physiology, we must trust our system and let it run it self, and we must admit no one can guess 100% of the future. (remember they said they have 1 month loosing on 17 month trading). For me, we can judge this system about a year, like other business does, you cannot judge just 1 day performance. sory my english so bad I agree to a certain extent, and you do have to trust that you purchased the right product, But I don't believe in following blindly. That is dangerous. It is kind of like trusting your children, but you still keep a really close eye on them. And reel them in if you have to. The real problem with this kind of trading is that you don't understand their logic because you don't know what they use to make their decisions. And in that sense it is following blindly. gctex 1 Quote Link to comment Share on other sites More sharing options...
eldorado Posted July 4, 2010 Report Share Posted July 4, 2010 Any update on this system? Can anyone please share results? Quote Link to comment Share on other sites More sharing options...
Iceman777 Posted July 5, 2010 Report Share Posted July 5, 2010 he may cut the losses short too. I closed these out manually Friday taking a 32 pip loss for both trades (16 each) not too bad only after seeing the lot size on these. I will either regret this or be thankful when I see what happens with these trades. On another forum someone spoke to admin and he said they are working on a new trade copier that will let you fix the lots so hope this comes out soon Quote Link to comment Share on other sites More sharing options...
Sauber Posted July 5, 2010 Report Share Posted July 5, 2010 (edited) the answer "HI Ali, trades like these are really rare. But we take it only we get very strong confirmation - closes above strong levels on daily and weekly charts. We made such trades before and take these trades now. We can't be right all the time of course but when we see really strong probability why not to risk more? don't worry just use 1.0 multiplier and all will be fine. We can get DD 20-30 % but we made 40% for June only. I know it could seems scary but this is how we trade. best regards Sam Ticket Details Ticket ID: XVX-766010 Department: TheForexSamurai Priority: Urgent Status: Open " WHAT AN ANSWERRRRR!!!! UNBELIVABLE! i thinking what will say all the people that start to use the fx samurai from friday and probably will lose 20% of his account. PS: update.. they closed both positions with -1080 EUR ( @-55 pips) @pipacholic u took these trades? Edited July 5, 2010 by Sauber Quote Link to comment Share on other sites More sharing options...
Pipaholic Posted July 5, 2010 Report Share Posted July 5, 2010 Yes Sauber, I had those 2 trades and took the losses on both. The hardest part is not knowing thier logic behind it. It wiped out all the earnings they had made and more. On the other side, if the trades were still open, it had not hit the Stoploss yet. So after all that, I don't know what made him close the trades. Quote Link to comment Share on other sites More sharing options...
Sauber Posted July 5, 2010 Report Share Posted July 5, 2010 (edited) the past results is not a guaranty for the future... that`s for shure. I think they should open every time they touch the target another account because they took these trades based on pshihological factors and also based on their last mounth gain soo for the new commers is not good. i hope they will improuve something soon. Edited July 5, 2010 by Sauber Quote Link to comment Share on other sites More sharing options...
4051fx Posted July 6, 2010 Report Share Posted July 6, 2010 great news, we can use fix lot: Some members have asked for an Adjustable Lot Size feature to be added to use with our signals. "If you don't like our money management, you can specify your own fixed lotsize in this setting." Quote 4051fx.blogspot.com Link to comment Share on other sites More sharing options...
patheway Posted July 6, 2010 Report Share Posted July 6, 2010 LOl I love it when these guys make excuses for something that happens with everyone. Get real this is Forex and it is not and never will be a exact science. which means you really need to use a bit of common sense now and then even if it is a purely mechanical system . This is what we call the Art of Forex trading and without it you will just be another trader winning and losing the same as every one else. Yes I am taking Art lessons lol Hope it goes better if you stay with this guy.. Patheway Quote Link to comment Share on other sites More sharing options...
steve50 Posted July 7, 2010 Report Share Posted July 7, 2010 I have this same trade sending software. My friend developed it and it is not that great. If a trade is already open on the server and you just now add the EA to your chart you will enter the trade immediately and this is why I know it is same trade sending software. It is secure but it is slow and has bugs in it. Quote Link to comment Share on other sites More sharing options...
Sauber Posted July 7, 2010 Report Share Posted July 7, 2010 (edited) i thing it is better if you use an VDS for this.. fast transfer etc .. also u can watch the live statesment.. and if it that so.. u can avoid to jump in open trades. Edited July 7, 2010 by Sauber Quote Link to comment Share on other sites More sharing options...
rex68 Posted July 8, 2010 Report Share Posted July 8, 2010 think I'm ditching Samurai.. but refunding via Plimus is such a pain with very bad response.. anyone had similar experience or is there a 'fast-track' refund method to share? =) Quote Link to comment Share on other sites More sharing options...
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