I thought that I would want to separate this with my monthly update. The closing and posting of my monthly update is mainly due to my forex rebate.

And as always, I promote CashBackForex. One of the many ways to receive my monthly ‘Dividend’ from forex. Now who says forex is dull.

Forex Rebate needs to be looked at separately when I put my EA to work. If my EA works well… I get dividend from it’s effort. When it does not do well, the effort from my robots will help compensate these times of need.

It’s a strategy that needs to be looked at as a whole, and much have been said in my report about this strategy. Like any company that looks at their dividend receive from stocks holdings. I look at forex rebate as dividend received and consolidate it to my total profits from Forex.

Now let me once again update to you the interesting impact on forex rebates.

Here is my FXOpen account taking into consideration of my rebates Read the rest of this entry »

June has been kind to me. Probably because I am happy that my Alpari account is catching up. Without further ado… I present to you my update as of June 2010

It ain’t impressive but a positive month end closing is a step forward.

I thought this time round I will let the result speaks for itself… using my Trade Analyzer, I thought it would be nice to see how each EA that I have placed on my live account fair.

Read the rest of this entry »

Ok… Finally got my rebate in to close my month of May 2010.

Well… I still got hit in my Alpari… still my rebate keeps rocking it up.

I guess by now I should say… one should ignore my GoMarket account for the time being. Well.. for reason that I have already clearly mention in my previous post.

So… if I were to only look at my Alpari and FXOpen account. Taking into account only rebate from these account…

It will be as such…

Alpari May 2010

FXOpen May 2010

I must say I was not happy with my Alpari account and corrective action has been taken. So.. .I can only say that every little rebate helps.

Oh…. and of the main contributor to my down side of Forex Bling… which I have taken out of my account. It seems that it does not ‘Bling’ for me any longer. Sigghh… NEXT….

As for my FXOpen account…. My Lovely Megan seems to be making strands. Lovely 10% gain this month. But… I try not to speak too soon. Things could happen. And I hope that all the backtesting results proved that this strategy will hold for as long as it can.

So for the month of May… I am somewhat please. My aim for June will be to see if there is any other strategy I can employ to help recoup or rebuild my ailing Alpari account

Well, it is about time I posted my monthly update for April 2010. I was waiting for my cashback return to finally have a good view of my months trading activity.

It seems that CashBackForex is paying out in the 1st week of every month instead of the last week of the month. Anyway… while on their site they did mention that the payout is not the real time reflection of ones daily trade.

Anyhow… here is my performances for April 2010

First the happy note.

I finally got out of the red on my FXOpen account…

While I am still struggling on my Alpari account, as long as my total is still on the upside. It’s all good. However, looking at how my March and April is in the red. I had to take some corrective action.

One of it was to start consolidating my account. This is one of the reason why I took down my live account page. I wanted to display myfxbook account to reflect the changes that I have made.

And I have made some changes. So hopefully the page will be up soon.

As for my GoMarket account. I am still struggling trying to get my equity back on the road. It’s going to be long and hard. So while I am not too happy with April, I am not too sad about it either. This is going to be one long journey. Like my Alpari account.

But hopefully… not too long a journey…

Even with my month of April taking a hit. My return is not all that bad because of my rebate. So that rebate kind of save my a$$.  And I am not kidding with regards to the rebate that I am getting.

I am currently drafting a report on this rebate strategy because I believe it is a strategy worth looking deeper into.

I will probably publish my report soon. Still doing some proof reading and checking my spelling…

So stay tuned…

While I was cleaning and organizing my accounts… I finally got the time to really take a look at where I left off with Prime vs Kain and my Royal Rumble affair. It’s a bit difficult to see it on my previous live account since I dump all of the EA into one single account.

Nevertheless… the one very important tool which I will start and continue to use it very frequently is my Trade Analyzer by Easy-EA.

Furthermore, my royal rumble does not seem to be rumbling well… Argh… either these EA are pieces of $hit… or it is having one of those days… or the broker is just plain manure…

Screenshot from Royal Rumble

Ugly huh… Anyway, that is not what I wanted to analyze here.

On my first post on Prime vs Kain… I mention that Prime was firing up a few more shots than Kain. By the way… EAKain that I was using was their demo version, which was a copy of MegaDroid in which I renamed it ScalperPro. So after two months… let’s see how both of these two EA fair… Read the rest of this entry »