Cheers
Weekly round-up:
New toy: http://www.stevehopwoodforex.com/phpBB3 ... 880#p87880
Tommaso has started a Knowledge Base that will gradually evolve into a fabulous resource. Access it by clicking the KB icon from anywhere within our forum.
Bold Bob made an excellent start on my demo last week. Download it from http://www.stevehopwoodforex.com/phpBB3 ... f=5&t=3484 and view my first week of results http://www.stevehopwoodforex.com/phpBB3 ... 856#p87856
Another one from boldtrader. Looks like we should be making a pdf of his posts. http://www.stevehopwoodforex.com/phpBB3 ... 716#p87716
Remember this from last week?
"Anyone considering opening a live account with FXCM's UK branch, read this post at http://www.stevehopwoodforex.com/phpBB3 ... 625#p87625” Jason Rogers represents FXCM and is one of our members. He has sent me a rebuttal in a pm; I originally reproduced this at the end of this newsletter but I see he cannot even be arsed to read my reply to him stating that I would do this, so I have removed it. Just another terrified rep of a dimwitted soon-to-be former brokerage who sees his previously safe world crumble before him. Pathetic. It will be interesting to see how long my reply remains in my outbox; I will keep you guys informed.
twelve sent me the attached updated All Averages indicator. Many thanks, twelve.
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Bob's 10.6 thread at http://www.stevehopwoodforex.com/phpBB3 ... 454#p80454 is fantastic. Bob is transforming the trading practices of a lot of previously unsuccessful traders. Since starting trading this live at the end of November, I have made 1032 pips and increased my account balance by just about 9%. Not visited his thread yet? You are an idiot. Go there, and go there NOW
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FXAW Entropy news for those of you still hesitating about joining. The signals generated by Craig's algorithm are exceptionally good. They are sent to a signals receiver that sits on the trading platform. A single 'slave' EA translates these signals into a form that the trade management EA's ('Tradebot') can recognise and work with.
We have seen baskets of trades going thousands of pips into profit. There is a problem with the tradebot's trailing stop feature that has seen trades fail to close at the right time and the trade move back into loss. The whole package is not yet ready for live account trading, but I am sure it will be soon.
I recommend that those of you still hesitating bite the bullet and join. There is a lot to consider when setting the tradebot loose, and you need to get a feel for how it works, and to calculate your own values for all the inputs.
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BASA continues to make progress and a number of us are trading it live – link below.
Official SHF broker
Global Prime. Not just the 'Official' broker (cos we all know what a multitude of crimes this can cover) but my broker. I am happy that GP continues to offer the transparent and honest service they advertise at http://www.stevehopwoodforex.com/phpBB3 ... =52&t=1394 They received a rave review from a new client with specialised needs – read it at http://www.stevehopwoodforex.com/phpBB3 ... 585#p85585 Newbies, you will be labouring under the misapprehension that most so-called 'brokers' really are brokers. They are not, and are out to separate you from your cash. Read about their tricks at http://www.stevehopwoodforex.com/phpBB3 ... =52&t=1475
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EA's under continual development
EA's that show promise will be subject to continual development and the threads that post them will attract continual interest. Here is a list of current ones:
BASA at http://www.stevehopwoodforex.com/phpBB3 ... f=5&t=2759
Macd Stochastic Fractal MA5/25 Daily Marylin at http://www.stevehopwoodforex.com/phpBB3 ... f=5&t=1448
Sunrise, SunLight, TakeItEasy, SmartBaby, Flavius, Scooter, at http://www.stevehopwoodforex.com/phpBB3 ... f=5&t=1519
xMeter (R)Evolution at http://www.stevehopwoodforex.com/phpBB3 ... f=5&t=1310
Have I missed out your EA? Send me a pm.
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Follow José Luis's potentially invaluable experiment at http://www.stevehopwoodforex.com/phpBB3 ... =36&t=3325 JL's first post is self-explanatory.
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Useful tip for keeping your Empty4 installation tidy:
http://www.stevehopwoodforex.com/phpBB3 ... 300#p74300 Quick and easy to do.
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Absolute must-reads remain:
http://www.stevehopwoodforex.com/phpBB3 ... =59&t=1572 Read the first 100 pages or so, then cut to the last 20. Pay particularly close attention to CJ's charts. You might find a visit to http://www.stevehopwoodforex.com/phpBB3 ... =59&t=2525 illuminating. kwanann emerged as a leading contributor in CJ's thread and his own holds invaluable information. An addition to the CJ naked trading spinoff threads: http://www.stevehopwoodforex.com/phpBB3 ... =59&t=2969
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Reported broker scams
Some brokers are even more criminal than the worst we have come across. Read about them at http://www.stevehopwoodforex.com/phpBB3 ... m.php?f=72
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Absolute no-no's
These will build/have built up over the course of time.
- at some stage, every newbie trader will become excited by Martingale. To avoid a bollocking from me, read http://www.stevehopwoodforex.com/phpBB3 ... f=16&t=550 before you post about it. Even the most dimwittedly ardent exponent of this lunacy eventually stopped posting – he lost all his cash.
- Cowboy IBFX Aussie wankers blocked my live trading account again because I was running an 'old' version' of Empty4 – proving yet again that these bastards are in cahoots with the cowboys at Crapperquotes to separate all of us from our cash. Ok, so I do not really care because this is my tiny play-money account, but I would be cross if I had deposited $50,000 with them. Not that I would be that stupid. Nor should anyone else. Never deposit live cash with these cowboys. That is Cowboy IBFX Aussie, guys.
