Wednesday 10 December 2008

Two More Cross-Yen Results +35 pips Today, +350 pips This week

Two more trades today on top of Monday's positions (+315 pips). We remained sideline with the Major pairs.

Europe Session

No. of signal recommendations: 2
Major pairs results: EUR/JPY (+30 pips) & CHF/JPY (+5 pips)

Sunday 7 December 2008

Dec 01 - 05 Daytrading Results

Mon: Major pairs (-55 pips) & 100-pip trading (+52 pips)
Tue - Fri: No Trade

It was a quiet trading week as we kept our neutral stance on the major pairs for most of week. We still have about two and a half trading weeks left before the year ends. The system did so well for most of this year and let's hope my daytrading results can end on a higher note.

Friday 5 December 2008

FAPTURBO Review - A Much Improved FAP Version?!

(First posted on ScoutForex site)

Forget the previous disappointment of Forex Autopilot (FAP). Because the new FAP Turbo package has seriously outperformed FAP over the same time period.

Please check out these claims by the developer (Steve Carletti) first.
Trading System Description:
Trading system of FAPTurbo expert-advisor is 100% automatic. Its new features include Automatic Risk Scaling, High-Spread Protection System and Build-in Loss Prevention. The system is capable of handling multiple currencies and promises low drawdowns. It can make up to 10 - 20 trades weekly, providing a high trading activity for your account.

BackTest on History:
Great results in 1999-2008: 5000% of profit in 9 years! Made 499,785 from 10,000 usd!

LiveTest on Real Money Accounts (Live proofs available):
Account 1: $370 turning into $3,100 in 1 short month
Account 2: $2,500 turning into $6,700 in 32 days
Account 3: $10,000 turning into $32,900 in 90 days

What I also like about the FAP Turbo is that you can even have your system installed on its provided 24/7 running server. This way, you will not need to have your own computer turned on ever.

All in all, the FAP Turbo system looks genuine and has already promised us much. Talk is cheap and I do hope this trading robot can continue to build on its reputation. We shall review its live trading outcomes soon on this site.

Update (1):
I can reveal that the FAPTURBO system consists of two trading strategies. One being the Short-term Scalper Strategy which can work on 4 pairs: EUR/GBP, GBP/CHF, EUR/CHF and USD/CAD on M15 (15-minute) timeframe. The other being Long-term FAP Strategy which has been optimised for the EUR/USD pair on M1 (1 minute) timeframe.

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