Daniel

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120% Growth in 24 Days – Moving to Pepperstone

I hope everyone had an okay Easter weekend. I am just doing a very fast update to show that I closed out the Blackbull Markets account and made the transition over to Pepperstone officially.

I tacked on $350 on Friday (7% growth based on the original $5,000 deposit).

I will only be trading with Pepperstone for the foreseeable future as that’s who the Hedgefund I work for trades with. I am going to be showing my trades on a demo account going forward mirroring my real money strategies. Thanks for following to this point!

 

A Great Week of Trading

This week went exceptionally well.

I didn’t have any runaway big wins as I had in the previous weeks, but I had consistent wins which added up to the account growing by 114% in just 3 weeks.

I explain in the video that I did have to make up a few hundred bucks that I gave away after making the previous weeks video.

My video below explains it all. As we have recently discussed, I am looking to jump from BlackBull Markets over to Pepperstone Markets this next week.

I will continue where I left off though ASAP. This is where the bosses have recently signed a contract, so it makes sense for future continuity.

I hope you enjoy this video and appreciate those following the progress along!

 

Already Doubled Up New Account Welcome to April!

It’s only Thursday and I only made one trade today. I hit my 100% growth and I am cautiously looking at quite a few pairs today, but also catching up on my blog and I am sure I will get into some trades today and tomorrow, but catching up on a few things.

April has started off with a bang. I supposed my video says it all.

 

I closed out my March with a 97% win rate and more than 50 wins in a row.

The Trading Challenge, First Full Week with New Account

I will jump right into things. It was a great first full week of trading on this account. While I have had great stats on many accounts, my colleagues and I have a little internal challenge so this will be a lot of fun and it’s a good way to show case talents.

A lot of people make claims about their results, but if you can back it up with pictures (even better with videos), I think it adds a lot of credibility to what you are doing.

I am not a professional blogger so I will work on my presentation better for the next videos as we go!

I closed out this week on 39 trades in a row without a losing trade. I couldn’t really have asked for anything better. In the first 8 days, I have grown this account by over 60% so that’s pretty happy too.

My goal is to make safe trades and have a sustainable 20 to 30% month over month growth. The volatility in today’s market is especially beneficial to a high volume trader that has a high winning percentage.

 

So, here’s my video of results:

What is Rover North? Is It Just Another Forex Robot?

Rover North has made recent headlines lately by winning Surefire trading challenge with a one month return of 112%. Rover North was able to take a $1000 live forex trading account and multiply it into $2112 in just 30 days…… Astounding!

How did Rover North get these results? you can live and audited results here

Rover North is not yet available for public sale and will not be for sale until February 01, 2011. But what if you could win a copy of Rover North and an Ipad? As a special one time promotional offer you could win a copy of Rover North and an Ipad.

How do I enter? The entry form to enter the Rover North and IPAd giveaway is here

As a special thank you from Rover North for reading this report , Rover North is including for free a unique tool to hide Stop Loss and Take Profit levels from your broker. Click here to claim your free gift.

So if you have not claimed your spot in line to buy Rover North on Feb 01, 2011. What are you waiting for this is one of the limited times in your life to get in at ground floor. Like buying Google or Apple in the 90′s. Sign up to receive up to minute release details here.

AVA FX Review

Ava FX is a leading online forex broker with professional trading facilities.

Ava FX is a leading retail forex broker measured on security, facilities, financial backing and general code of conduct. Founded as a project by former industry people, many of whom from the marketing side, Ava FX has always been focused on providing a good customer experience. The background in marketing is evident in Ava FX, which is very customer friendly broker, with great customer service and an easy to use interface.

Ava FX is backed financially by a large European financial group with a top Standard and Poors rating. This is a good indicator for the financial health and success of the broker and means that Ava FX will continue to meet liquidity regulations. In preparation for this review I checked up on their finances and corporate structure and as far as I could tell, everything seems to run very well, even during the last years financial turmoil.

How about the forex trading platform and the terms of the broker?

I let my one of my good trader friends test Ava FX for two months. My friend is a former trader with a large and well known American online broker (as in industry leader) and now trades forex full time. His experience with Ava FX was, in his own words, very good, without any problems at all. There was no disconnect during trading, no slippage on news trading and no stop-loss hunting. All things that haunt many retail brokers and threaten profits of smaller individual traders.

Let’s look at some of the features of Ava Fx:

  • More than 20 currency pairs available as well as different commodities such as oil and gold
  • Forex signals directly to your mobile phone
  • No commission or fees, spread based.
  • Free fully functional demo trading account
  • Fixed spreads (No spread widening or stop loss hunting)
  • 24 Hour live support
  • Daily recommendations and analysis
  • Accepts all major credit cards and banking systems (Paypal etc.)
  • Mini accounts available from $100
  • Ava FX is a serious and trustworthy broker that is recommended for both beginning and advanced traders. I have had nothing but good experiences during my time trading with them. I particularly liked the option to trade many different currency pairs and that orders were filled fast and without slippage.

Finexo Review

Finexo is a retail broker that has been in business since 2003. Finexo uses market leader SaxoBank’s trading platform as a white label, which is certainly a positive. If you have been looking to trade with a reputed broker, but may have found their minimum deposit limits or commissions to high, then Finexo would be a suitable alternative.

Finexo has the same spreads as SaxoBank (3-14 pips), with the exception of EUR/USD, where you actually get lower spreads at most trading times. Their trading platform is browser based, but run on the same data feed that SaxoTrader does, which is a guarantee for up to the second, reliable price data. In addition to this Finexo offers 47 currency pairs, including some very exotic ones. I like this feature as I sometimes trade less liquid pairs that I have experience with.

Opening an account with Finexo is fast and there’s are a variety of methods available for deposits as well as withdrawals: Credit Card, Wire Transfer, Paypal, Money Bookers, Neteller and more. I’ve never had any problems withdrawing from Finexo, except for one time where I traded from a foreign IP address (from a country known for fraud). In that case, Finexo withheld the withdrawal until they were able to verify that I indeed had made the withdrawal.

Their platform has all the standard limit and stop loss orders as well as some more advanced orders such as ODO and ID. It’s a quite capable platform.

Finexo has a very nice mobile trading option, which works from cell phones and PDA’s and is free of charge.
The lowest minimum deposit is $25 and the leverage is 200:1. There is the option to upgrade to a VIP account that has lower spreads. There are also mini accounts available.

Customer service was knowledgeable and fast, when I contacted them. No problems there.

In conclusion, Finexo is much more than ‘just’ a white label (of SaxoBank though). It’s an independent broker that offers a lot of options and variety and comes with the financial soundness and reliability of Saxo Bank. I’d recommend Finexo to most traders, particularly of you have been looking at SaxoTrader, but don’t quite have the budget needed.

THE LONDON FOREX RUSH SYSTEM – FACTS AND REVIEW

The London Forex Rush System is a unique automated forex adviser in that it’s more of a signal system than a built-in software program. It also focuses on specialization so that your profits are optimized towards only one market – the London session. This system revolves completely around the first two hours of the London market and so doesn’t take up a lot of your time to earn money.

The London Forex Rush System indicator works by monitoring the activities of the Currency Pairs which cross with the British Pound. The theory that’s put to work is that whatever movements the Pair makes when the London market opens would direct its overall direction for the day.

Though experience with forex trading would certainly work as a plus for you, the London Forex Rush System effectively pushes a newcomer to the right directions without any confusion.

 

Overall Rating:

Users generally commend the London Forex Rush System for its thorough mastery of the London market and its flexibility depending on what type of market player you are. Additionally, it doesn’t take up much of your time. For these advantages, the London Forex Rush System gets 4 stars.

To try out The London Forex Rush System, visit their web site to download it.

Actual Customer Feedback:

“…the London Forex Rush System is very simple in its nature and its principles have been laid out in detail for you, so it could easily be your first serious Forex system and still you’d be able to trade it no problem.”  Actual user review from forexrobotnews.com
“If you know how to trade and how the markets work, then we totally recommend London Forex Rush. It’s less than conventional take on “automated trading” is not comparable to the other forex systems out there and it’s definitely a unique gem.” Actual user review from myforextradingsystem.com

“London Forex Rush System is very flexible. Despite the fact that it gives you all the points you need to trade, you can also choose between aggressive and conservative stop loss as well as between aggressive and conservative targets. You can trade the way you feel more comfortable.”  Portion of a review from topforexeducation.com

“…the best part of the deal is that there is no need to stare at the charts all day long. The London Forex Rush system only trades the first two hours of the London session… Two hours a day is all you need to intra-day trade this system successfully!”  Portion of a review from newforexrobot.com

Our Research on The London Forex Rush System Suggests:

Our research on the London Forex Rush System has shown that the system places its foundations only on a particular period of a particular market. While specialization can offer unrivaled expertise and profits to a user, its downsides are that you could be missing other potentially bigger opportunities elsewhere or on a different time.

Verdict:

The London Forex Rush System is definitely a forex system with a more narrow scope – that is, the London market. This program allows you to make more money with less effort. Ultimately, it is London Forex Rush System’s ease of use, as well as its accuracy, that makes it a highly recommendable piece of software for your forex trading needs.

LMT Forex Formula Review

LMT Forex Formula is a forex system developed by forex whizkid Dean Saunders. Though only 25 years old, when he wrote the system, he’s been a big name in forex trading circles for a long time now. I for one is not one to hold a persons age against him, particularly if what he teaches can make me money!

LMT in LMT Forex Formula stands for Low Maintenance Trading. That’s because this system is set up to require as little actual trading as possible while maximizing profits on very trade. I’ve traded this system for over three months now and the results have been very good.

This forex trading system is not an automated system, you actually have to trade for yourself. It’s also a signal service though, so you WILL get specific trades to make delivered to you. I don’t know if you’ve tried other systems in the past, but I think you’ll be very pleased with the ease of this one.
Let’s take a look what you get when you order Dean Saunders LMT Forex Formula:

  • LMT Forex Formula Manual – a 47 page manual explaining his system and showing you exactly how to set it up and apply it. This is the core of your system and it will be your trading ‘bible’.
  • LMT Custom Indicators Software – This is the charting and signal software that will let you know when, what and how to trade.
  • LMT Forex Formula Videos – Videos showing you how the system works. It really helps to have videos in addition to the manual.

So, this system is supposed to be ‘low maintenance’. How much time do you have to spend trading every day? The sales page says 15 minutes, but in my experience anywhere from 30 minutes to 1 hour of trading a day gives the best results. That’s not a lot anyway, don’t you agree. Particularly not when you’re trading with such a succinct and detailed system.

LMT Forex Formula is not a scalping system (making many small trades), but rather a day trading system. That’s why you can make money from only making one, or a few, trades a day. It’s about fewer but bigger trades. Trades that make more pips in profit from one trade than a scalper makes on tens of trades on an entire day!

Let’s get to the numbers now! How much did I actually make and what can you expect to make? Over these three months that I’ve been testing I’m on the run for an incredible 400% annual profit! That’s just remarkable. Even if it doesn’t keep up, and it probably won’t, it’s still great. Also keep in mind that I only traded this system with $1000 in my account to test the system on a ‘fresh’ account. I wanted to see if the signals provided would work for small deposits. It did. I do consider that this system along with Thomas Strigano’s Forex Confidante to be the two best systems available at the present. Worth checking out for sure.

Hector Trader Review

I’ve been a long time reader and fan of Hector’s blog, so I thought I’d review his newest product, the 3SMA Forex System. Hector from Hector Trader is a great guy and a very knowledgeable forex trader. If you don’t already, I suggest you read his blog from now on. I stumbled onto Hectors blog and system when my then broker gave me a tip to ‘try trading the breakout’ and then watching some of Hector’s videos on Youtube. It looked so simple and with his uncomplicated way of explaining his tactics it made sense to try one of his full systems. I’ve gone trough the Hector Trader Forex Trading Course (3SMA) and I think he’s definitely a cut above the rest of us. I think he undersells his course. It’s really more of a complete forex education! If you’re ready to go to school, let Hector be your teacher, you won’t regret it!

I’ve always been the kind of guy who wanted to know WHY and not just HOW. I believe that’s the best approach to really getting success in forex trading. Many forex systems skimp on the explanations and that leaves the trader feeling unsatisfied, if for some reason results don’t turn out as planned. The Hector Trader Forex Course explains each and every step in the system: Both HOW and WHY. When you’re done with this course, you’ll come out A MUCH BETTER trader. It’s literally like having a personal forex mentor. Let’s have a look at what you get with the 3SMA Hector Trader Forex Course:

  • 8 full chapters and an annex (first chapter is FREE – get it here!) covering absolutely everything you must know to trade Forex successfully: finding high-probability setups, entry signals, optimum stop loss and target levels, money management rules, and much more!Structured around 60+ detailed, feature-rich and comprehensive real time videos.
  • Over 17 hours worth of videos! Live videos are the best format to learn a trading system, it’s like looking over Hector’s shoulder.
  • Trend-Scanning custom indicator for MetaTrader4 platform: find solid trends across any currency pair or time frame!
  • Custom Excel sheet to calculate your Money Management, Track Record and Trade Plans!
  • Golden Rules of Trading: Get the top-10 rules to keep your account growing.
  • His eight course package is divided into the following:
    • CHAPTER 1 – Analyzing the trend
    • CHAPTER 2 – Pattern breakouts
    • CHAPTER 3 – Swing trades
    • CHAPTER 4 – Stop loss and targets
    • CHAPTER 5 – Blending the news
    • CHAPTER 6 – Trade management
    • CHAPTER 7 – London open breakout
    • CHAPTER 8 – The Golden Rules
    • ANNEX – My custom indicators

    What I like most about this program, except the HUGE amount of info, is the professionalism and clarity. Hector is a pro and it shows in his material. His course may be a bit more pricy than others, but I and other traders think he is worth the money.

  • The basics of his course is based on trend following, which he calls the 3SMA trading system. The difference from this and other systems is that it’s not just a bunch of indicators, but there’s also sound logic and explanations behind what you’re doing. In conclusion, Hector Trading is for you if you’re looking for a top of the line forex course and not a get rich quick scheme (though you will probably get rich faster with this system!). It’s one of the best courses available on the internet in my opinion. I have had great results myself with this system and I feel very comfortable recommending it to other traders.
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