Comments on: Forex Funnel Review http://www.macrotactics.com/?p=194 Take your trading to a deeper level Tue, 09 Mar 2010 21:57:22 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Pip http://www.macrotactics.com/?p=194&cpage=5#comment-945 Pip Sun, 27 Sep 2009 16:27:54 +0000 http://www.macrotactics.com/?p=194#comment-945 Sounds good Falcon , I would be interested in learning more or looking at stats as you mentioned and also what currency pair you were trading on ? Thanx again heres my email addy pipmining@yahoo.com Sounds good Falcon , I would be interested in learning more or looking at stats as you mentioned and also what currency pair you were trading on ?
Thanx again heres my email addy pipmining@yahoo.com

]]> By: Falcon http://www.macrotactics.com/?p=194&cpage=5#comment-939 Falcon Tue, 15 Sep 2009 02:56:38 +0000 http://www.macrotactics.com/?p=194#comment-939 I won't add any more than what's already been hashed and rehashed here - 90+ posts worth... but FWIW I've kinda figured out FF - and here's what works for *me*... YMMV Enable "Sell only" - as it does tend to favor bear markets... which we're in luckily - YOU MUST TRADE *more than* 2500:1 at 400:1 or even 500:1 ... I actually use double, 5000:1 with 500:1 and my worst DD was 23% I demo'd this for 3 months - doubled every account (tripled one) and also blew up 2 of the 3 getting greedy - A "runner" (spike) past 10-12 trades (20 pips x 12 = 240 pip swing with NO [-20] pip retrace) will toast a 2500:1 account.. so yes, it is risky - but if you watch it - and you use proper margin and leverages - it's a cash machine - Moving forward - Took FF live June 3rd, 2009 - with $6,000 cash account on a Cyprus broker - Turned OFF "long" (it is "short only") - and in 110 days now, my current balance is $31,144 - with no DD's beyond 18% (13% really as I had one bad manual trade that *I* did) I have current live MT4 trader stats for anyone interested... As someone else stated - it's very "black box" and you cannot run it on a NFA account (well, in Sell only mode you can) - and you need a 6 digit update if you want to run it on FXPro or the likes... Great bot (EA) makes me $300-$700 a day... just MANAGE YOUR MONEY AND LEVERAGE AND MARGINS.... or you WILL blow up... I won’t add any more than what’s already been hashed and rehashed here – 90+ posts worth… but FWIW I’ve kinda figured out FF – and here’s what works for *me*… YMMV

Enable “Sell only” – as it does tend to favor bear markets… which we’re in luckily –

YOU MUST TRADE *more than* 2500:1 at 400:1 or even 500:1 … I actually use double, 5000:1 with 500:1 and my worst DD was 23%

I demo’d this for 3 months – doubled every account (tripled one) and also blew up 2 of the 3 getting greedy -

A “runner” (spike) past 10-12 trades (20 pips x 12 = 240 pip swing with NO [-20] pip retrace) will toast a 2500:1 account.. so yes, it is risky – but if you watch it – and you use proper margin and leverages – it’s a cash machine –

Moving forward – Took FF live June 3rd, 2009 – with $6,000 cash account on a Cyprus broker – Turned OFF “long” (it is “short only”) – and in 110 days now, my current balance is $31,144 – with no DD’s beyond 18% (13% really as I had one bad manual trade that *I* did)

I have current live MT4 trader stats for anyone interested…

As someone else stated – it’s very “black box” and you cannot run it on a NFA account (well, in Sell only mode you can) – and you need a 6 digit update if you want to run it on FXPro or the likes…

Great bot (EA) makes me $300-$700 a day… just MANAGE YOUR MONEY AND LEVERAGE AND MARGINS…. or you WILL blow up…

]]> By: Jonny http://www.macrotactics.com/?p=194&cpage=5#comment-938 Jonny Sun, 13 Sep 2009 21:19:16 +0000 http://www.macrotactics.com/?p=194#comment-938 Not one single stuff sold on ClickBank are "unique" EAs written by experienced traders. They are all variations of open source codes once floated around for free on MetaQuotes programming forum. And that is a fact. Also, you all can and have probably surmised, probably most, if not all EAs on ClickBank are put together en masse and sold by just 2-3 people. For they are SPAM promoted by the same people when they go "live". If you want a real EA, I suggest you wait to get your hands on GoMega EA. Not one single stuff sold on ClickBank are
“unique” EAs written by experienced
traders. They are all variations of open
source codes once floated around for
free on MetaQuotes programming forum.
And that is a fact. Also, you all can and
have probably surmised, probably most, if
not all EAs on ClickBank are put together
en masse and sold by just 2-3 people.
For they are SPAM promoted by the same
people when they go “live”.

If you want a real EA, I suggest you wait
to get your hands on GoMega EA.

]]> By: Ross http://www.macrotactics.com/?p=194&cpage=5#comment-887 Ross Wed, 24 Jun 2009 11:05:23 +0000 http://www.macrotactics.com/?p=194#comment-887 Hello Garry, I did not receive any email regarding the updated ForexFunnel EA. How did you get it? Thanks Hello Garry,
I did not receive any email regarding the updated ForexFunnel EA.

How did you get it?

Thanks

]]> By: Garry http://www.macrotactics.com/?p=194&cpage=5#comment-852 Garry Wed, 27 May 2009 02:35:41 +0000 http://www.macrotactics.com/?p=194#comment-852 The new updated forex funnel just needed the most recent metatrader 4 update. Its all working well now, back into the profits....hurray. The new updated Forex Funnel just needed the most recent metatrader 4 update. Its all working well now, back into the profits….hurray.

]]> By: Garry http://www.macrotactics.com/?p=194&cpage=5#comment-830 Garry Sat, 16 May 2009 20:53:19 +0000 http://www.macrotactics.com/?p=194#comment-830 The new ruling by the NFA rules have more or less knocked out my funnel bot. Its only trading one at a time. and the curve for profits is now flat. They sent me an updated funnel this week and it locked up the metatrader and the account ( didnt work, it crashed the system). Im going to reset it with another broker out of the country that doesnt have to go with the NFA ruling. the funnel was kicking butt before it regulated my broker. Garry The new ruling by the NFA rules have more or less knocked out my funnel bot. Its only trading one at a time. and the curve for profits is now flat. They sent me an updated funnel this week and it locked up the metatrader and the account ( didnt work, it crashed the system). Im going to reset it with another broker out of the country that doesnt have to go with the NFA ruling. the funnel was kicking butt before it regulated my broker.

Garry

]]> By: Garry http://www.macrotactics.com/?p=194&cpage=5#comment-824 Garry Sun, 10 May 2009 01:43:50 +0000 http://www.macrotactics.com/?p=194#comment-824 Im using FF for the last couple of months and I did go live 3 weeks ago with IBFX at 1 to 400 micro acount with only $250. I stepped up the start lot size from 0.01 to 0.06 and have done well. By doing this I have start jumped the trading sets by almost 3 moves. I have never had more than 3 trades active with one more pending. Draw down has never been greater than $12 total. Im up to $297 with only $1.67 in drawdown at this time. I also run the Steinzt Bot and it has been hit hard, ut last week started making a turnaround as the market settles down and begins to trend on occasion. Id like to move up my lot size to .12 and see how well it functions. The drawdown seems very light so far. Profits are growing fast. Garry Im using FF for the last couple of months and I did go live 3 weeks ago with IBFX at 1 to 400 micro acount with only $250. I stepped up the start lot size from 0.01 to 0.06 and have done well. By doing this I have start jumped the trading sets by almost 3 moves. I have never had more than 3 trades active with one more pending. Draw down has never been greater than $12 total. Im up to $297 with only $1.67 in drawdown at this time. I also run the Steinzt Bot and it has been hit hard, ut last week started making a turnaround as the market settles down and begins to trend on occasion. Id like to move up my lot size to .12 and see how well it functions. The drawdown seems very light so far. Profits are growing fast.

Garry

]]> By: civ http://www.macrotactics.com/?p=194&cpage=5#comment-783 civ Fri, 24 Apr 2009 06:07:39 +0000 http://www.macrotactics.com/?p=194#comment-783 Hiya. Consider the new NFA rules, that goes against hedging, is still possible use forexfunnel? Hiya.
Consider the new NFA rules, that goes against hedging, is still possible use forexfunnel?

]]> By: macrotactician http://www.macrotactics.com/?p=194&cpage=5#comment-719 macrotactician Thu, 05 Mar 2009 09:07:05 +0000 http://www.macrotactics.com/?p=194#comment-719 greg: if demo accounts are blowing up, then live accounts are just as likely, if not more likely to blowup. This is because stops are not always guaranteed in live accounts. If you must trade FF with live money, then use a smaller account with microlots. greg: if demo accounts are blowing up, then live accounts are just as likely, if not more likely to blowup. This is because stops are not always guaranteed in live accounts.

If you must trade FF with live money, then use a smaller account with microlots.

]]> By: Joao Marques http://www.macrotactics.com/?p=194&cpage=5#comment-717 Joao Marques Thu, 05 Mar 2009 03:14:39 +0000 http://www.macrotactics.com/?p=194#comment-717 How about Forex Funnel in a 250$ account, leverage 100:1, and 0,001 lots (0,1 microlots in FxOpen micro account - one 1/10 of a minilot) ? How about Forex Funnel in a 250$ account, leverage 100:1, and 0,001 lots (0,1 microlots in FxOpen micro account – one 1/10 of a minilot) ?

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