hedgehog Posted January 13, 2011 Report Share Posted January 13, 2011 bankroll: It works. You'd have to check the other forum listed earlier by joeytrader. FYI I am still only using the prior version and not the latest version and I do intervene manually whenever I find necessary. Quote Link to comment Share on other sites More sharing options...
bankroll Posted January 13, 2011 Report Share Posted January 13, 2011 Thanks for the update guys! Quote Link to comment Share on other sites More sharing options...
alaki Posted January 17, 2011 Report Share Posted January 17, 2011 The EA had very bad performance in December and January. It doesn't respect supports and resistances, specially weekly and monthly ones. I am going to test it one more month before returning it by clickbank. Quote Link to comment Share on other sites More sharing options...
iqofgenius Posted January 19, 2011 Report Share Posted January 19, 2011 I have the turbo version EA of this thing and wonder if the indicators it uses are the same as on the ones used on the London morning trade? Quote Link to comment Share on other sites More sharing options...
iqofgenius Posted January 19, 2011 Report Share Posted January 19, 2011 Without divulging any state secrets from the KGB or CIA, does this thing use Momentum and CCI indicators? Quote Link to comment Share on other sites More sharing options...
gege.aig Posted January 20, 2011 Report Share Posted January 20, 2011 almost similar to with system breakout genius, and sure forex system. Quote Link to comment Share on other sites More sharing options...
joeytrader Posted January 20, 2011 Report Share Posted January 20, 2011 In case anyone missed the following thread, here is someone trading FMT on a very aggressive (30% risk per trade) money management. It will be interesting to follow his progress. I wish him best of luck. http://indo-investasi.com/showthread.php/11258-Aggressive-Growth-Trading-Journal-%28-1-000-to-100-000%29 Quote Link to comment Share on other sites More sharing options...
joeytrader Posted January 20, 2011 Report Share Posted January 20, 2011 I have the turbo version EA of this thing and wonder if the indicators it uses are the same as on the ones used on the London morning trade? I trade manually and do not use EAs in general. But from what I understand, if you have the turbo version EA, you pretty much have everything the basic EA offers, plus a lot of other functions for testing different strategies. I assume on the turbo, for basic strategies it should be the same as the basic EA in terms of indicators it tracks. Quote Link to comment Share on other sites More sharing options...
surya Posted January 22, 2011 Report Share Posted January 22, 2011 hello share ea please Quote Link to comment Share on other sites More sharing options...
alaki Posted January 26, 2011 Report Share Posted January 26, 2011 Returned the EA. It was not profitable , and it lost most of the trades. Quote Link to comment Share on other sites More sharing options...
Elovv Posted February 1, 2011 Report Share Posted February 1, 2011 Doesn`t Mark update his Trading journal? Quote Link to comment Share on other sites More sharing options...
joeytrader Posted February 3, 2011 Report Share Posted February 3, 2011 Doesn`t Mark update his Trading journal? He did just yesterday for the trading results page. But he has not been to the t2w thread for a while. Quote Link to comment Share on other sites More sharing options...
CiDER Posted February 20, 2011 Report Share Posted February 20, 2011 Anyone have a download link to Turbo Morning Trade? Quote Link to comment Share on other sites More sharing options...
joeytrader Posted February 21, 2011 Report Share Posted February 21, 2011 Anyone have a download link to Turbo Morning Trade? Hi CiDER, from what I understand, the base product FMT is currently blacklisted, so I assume its spin-off product TMT is probably also blacklisted, so cannot be shared in open forum here. But from what I have been told, you can purchase TMT even if you're not FMT customer. And TMT is also cheaper too, and can do everything FMT does and a lot more. I myself only trade manually, so cannot help on the EA front. Sorry. indo37 and CiDER 2 Quote Link to comment Share on other sites More sharing options...
joeytrader Posted February 25, 2011 Report Share Posted February 25, 2011 Monthly update letter from the author The author recently sent out a long overdue monthly update letter, for anyone interested, I copied it below. There is also a free gift from the author. Since it is free, and they are on how to run and test EAs, and not specific to FMT, I am assuming it is okay to share them here. If they are also not allowed to be shown here, by association with a black-listed FMT, then let me know, I will remove the post. On the free gifts, as I only trade manually, I have not downloaded them myself. But I hope it can be useful to those here who uses EAs and wish to do some EA testings. cheers, Hi xxxxx, it's been already some time since I sent my last newsletter. I have few news to share with you, and a free gift so please continue to read the email below. ----------------------------------------------- Results For January and February ----------------------------------------------- We are back in profit. After a small loss in January, February is performing very well. The month hasn't ended yet, but we are already +197 pips in profit, which is monthly account increase of almost 10%. Lets hope we'll make some more pips until the end of the month. You can check my trading journal here: http://www.forexmorningtrade.com/trading-journal/february-2011/ ----------------------------------------------- EA Updates ----------------------------------------------- I recently updated both EA versions (Turbo and FMT). There are NO new features added, the updates were only about stability. Turbo Morning Trade EA should now be more reliable when closing the first part of the trade at the first profit. If you don't have any problems with the EAs, it is not necessary to upgrade. Otherwise you can download the EAs from our members area as usual. ----------------------------------------------- Going Live with Turbo ----------------------------------------------- After running Turbo Morning Trade EA in parallel with FMT for the past three months I decided to put it to a live account. If you compare the results of Turbo to the standard FMT system, you'll find that Turbo performed better during all those three months. Even when the month was losing, Turbo was losing less. It is partly because of a different broker (Alpari Demo vs PFG Live) and partly thanks to additional filter used in the Turbo EA. The results are not to be 100% trusted because I was running Turbo EA only on the demo account, but I think Turbo proved that it has at least the potential to outperform FMT system. So I'm going to continue my forward test of Turbo Morning Trade EA on a 5,000 USD live account on Alpari UK. I'll update my trading journal as usual and I continue to trade both systems, having most of my money in Forex Morning Trade. Just to remember, Turbo page is here: => http://www.forexmorningtrade.com/turbo/ I'll repeat that this EA is available ONLY for the customers of standard Forex Morning Trade system - no exceptions. ----------------------------------------------- Some free gifts ----------------------------------------------- One of my friends and business partner on several projects Andy Pullman asked me to write two short ebooks about EA robots. I did it with the condition that I can give it for free to my customers. The ebooks are: Loading, Running & Troubleshooting an EA Testing and Optimizing an EA I believe especially newbies will be able to learn a lot of information on how to correctly run EAs, and how to backtest & optimize them. You can download these ebooks for free here: http://www.forexmorningtrade.com/abc123/Loading_Running_Troubleshooting_EA.pdf http://www.forexmorningtrade.com/abc123/Testing_Optimizing_EA.pdf My name is not mentioned in the PDFs but I'm the actual author. And just in case you'd be interested in purchasing something from his page (which is mentioned in the PDFs), you'll get 50% discount with the following coupon code: FMT5SD42E The coupon is valid only for two weeks, so if you want to use it do it now. I'm not affiliated with him so if you have any questions please contact him and not me. ------ Ok, that's all I wanted to share with you. Best regards, Mark Fric SonarBytes Ltd, Zahradna 596, Vinicne, 52 90023, SLOVAKIA Sesshoumaru, john225, tangkas_baru and 1 other 4 Quote Link to comment Share on other sites More sharing options...
john225 Posted February 25, 2011 Report Share Posted February 25, 2011 joey are you still using it? Quote Link to comment Share on other sites More sharing options...
joeytrader Posted February 25, 2011 Report Share Posted February 25, 2011 (edited) joey are you still using it? Hi John, yes I am trading this manually. But I do tinker with the rules of entry and exit sometimes. For entry, if there will obviously be a buy or sell trade, and unlikely to change direction before 6:30 London trigger time, I will attempt to seek better entry price before 6:30 comes. On luckier days, sometimes I can get in 5 to even over 10 pips better entry price than official. But of course, I have also been wrong, and ended up trading with smaller TP and larger SL than official. But overall, if I am sharp, generally I can save myself at least the spread cost, ie. 1 to 3 pips better entry. I simply used naked price action on the M1 and M5, to see where the recent highs and lows are, and to try to catch a retrace and continuation movement. For exit, I have the bad habit of getting out of a trade early, especially if I see price struggling near any known support/resistance. Also, as this is not the only method I trade on GBPUSD, if my other methods generate opposite signals to those of FMT, depending on how I gauge the market at the time, I sometimes will do stop and reverse, in favor of my other method's signals. Overall, my mixed-bag modified approach above seems to be working. But still has much room for improvement. Edited February 25, 2011 by joeytrader Quote Link to comment Share on other sites More sharing options...
debabs Posted February 25, 2011 Report Share Posted February 25, 2011 its not working fine like when it was newly released. did anyone noticed this? Quote Link to comment Share on other sites More sharing options...
tangkas_baru Posted March 15, 2011 Report Share Posted March 15, 2011 I get this email about changes to trading hours. Hopefully helpful. *** ----------------------------------------------- Daylight Savings Time in USA ----------------------------------------------- For those that didn't notice, USA switched to the Daylight Saving Time (DST)) on 13th March. This means that if you have a broker based in USA, it is possible that you'll need to alter the trading time of Forex Morning Trade by one hour. Remember that FMT should be traded at 6:30 UK time all year. To check that you are trading at the right time you can check my screenshot from todays trade: => http://www.forexmorningtrade.com/abc123/14th_march.jpg Just compare the entry candle to make sure you are entering at the same candle. Europe will switch to DST time on 27th March, so that is the next date to watch if you have an European broker. Note that some brokers (for example Alpari UK) shift their time in sync with Europe, so there's no need to alter the trading time with these brokers. --------------------------------------- Trading in the very near future --------------------------------------- The stock markets reacted quite strongly to the natural disaster in Japan and it is very difficult to estimate how they'll behave in the next few days. It seems that currencies like GBP, USD or EUR weren't affected too much, however keep in mind that the next few days or even weeks could be more volatile than we are used to. I personally will continue to trade as usual, but it is perfectly legitimate decision to take a break for a few days (or until Europe switches to DST time too). The decision is up to you. ------ That's all, I wish us all a successful trading week. Best regards, Mark Fric *** Quote Link to comment Share on other sites More sharing options...
iliotest Posted March 16, 2011 Report Share Posted March 16, 2011 I did back test and i found that is better to start at 6:15 Uk time than 6:30, is just a small difference... well let check in the future... Sesshoumaru 1 Quote Link to comment Share on other sites More sharing options...
Elovv Posted March 27, 2011 Report Share Posted March 27, 2011 Hi Do we use 6.30 London time or 6.30 GMT? Elovv Quote Link to comment Share on other sites More sharing options...
fxshare Posted March 27, 2011 Report Share Posted March 27, 2011 (edited) Hi Do we use 6.30 London time or 6.30 GMT? Elovv I use 6.30gmt . To confirm if the setup is fine, you can compare your results with that of Marc's . He updates it daily . h**p://www.forexmorningtrade.com/trading-journal/march-2011/ Edited March 27, 2011 by fxshare Quote Link to comment Share on other sites More sharing options...
German Posted March 27, 2011 Report Share Posted March 27, 2011 Hi Do we use 6.30 London time or 6.30 GMT? Elovv You use 6:30 am London Time ALL YEAR LONG when London moves ahead 1hr you still use the new 6:30 am LONDON TIME , NEVER EVER 6:30 GMT, if you had the PDF this would be easy to read. Quote Link to comment Share on other sites More sharing options...
Elovv Posted March 27, 2011 Report Share Posted March 27, 2011 Thanks! I have the PDF, early version. There Marc use GMT, but I think I have read somewhere he use London time. Elovv Quote Link to comment Share on other sites More sharing options...
German Posted March 27, 2011 Report Share Posted March 27, 2011 Thanks! I have the PDF, early version. There Marc use GMT, but I think I have read somewhere he use London time. Elovv http://www.trade2win.com/boards/trading-journals/101770-forexmorningtrade-journal-18.html#post1239950 Quote Link to comment Share on other sites More sharing options...
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