If ever I were to use my analogy on the art of kungfu accurately then I would say this would be the best example that clearly showed what my gambler friend was saying…

Learn, observe and kick the bag… if it failed then I should relearn, observe and kick the bag again with a different style…

I have taken Cyborg EA tested it live, got slapped in the face, took BestSniperForex EA tested it live, got kicked in the nuts, relearned everything about martingale, mutate it a bit and applied it differently from a different perspective and this is what I got… A mutated Cyborg version which I have renamed it Lovely Megan.

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I guess the NFA has really gotten to IBFX’s skin…

Last week I got a mail from IBFX saying that they are compiling with NFA’s rulling and will be only offering a maximum leverage of 1:100 come 29 November 2009. My first reaction was ‘$hit!!! Gawd Dang!!’ I was just about to request a change in leverage on my IBFX account and IBFX had to do this $hit to me…

The hedging thing was a minor issue for me. As long as I only trade one side per currency I would be fine…. I wasn’t hedging with my Cyborg on IBFX so it was fine.

However… I am using martingale on this account. And leverage is a key to the success of my many days of backtesting… I wasn’t going to sit on this and not say a word!

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It has been slow and difficult. Not difficult in the sense that backtesting was hard work. Difficult in the sense that I was really dragging my feet. Getting back to the momentum after about a month of non activeness is really difficult.

The law of momentum really applies here…

I have been dragging my feet last week, even with a renewed enthusiasm, I still could not get myself to really focus on my conquest on Cyborg.

The mind was strong but the body was weak… sighh… Nevertheless, I hope with these new found results. I might be able to meet my objectives.

I have over the past been backtesting Cyborg with a new idea. It may not be new to most of you but it was new to me. I previously did not reveal this idea because I wanted to ‘blackmail’ the cyborg developer…

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Getting back into the momentum is difficult… As I was taking my break, I only left two EA running. Forex Bling and also Cyborg EA… while I am still running some backtest on Cyborg, I thought it would be nice to update my escapade with Forex Bling.

I must say the Forex Bling creator has put a lot of hard work into developing these package. I mean take a look at the afford they put into ensuring that their EA works on all broker… whether live or demo… they wanted to show or rather prove that their EA work on all broker.

http://forexbreakthrough.com/development/forex-bling-brokers-test-results/

But I guess the most important thing is not the results that they are getting… what better way to verify their results than posting my own results right??

So here goes…

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Well… not exactly dumping her… It is no secret that I just love Megan Fox… beautiful, sexy and elegant. And like any beautiful women… they are also dangerous. That is how I equate Martingale system to.

Treat them right and they will show you what heaven is… treat them wrong and you get $hit for it…

Over the past installments of my Martingale Mania series… It was a lesson or rather journey to my understanding  about what Martingale system was all about and most importantly how to handle a strategy like this…

So before I started to dive into my second phase of backtesting with Best Forex Sniper… I put more thought into what I have learn and what I was going to go through…

Imagine… I was testing going to test these 6 currency pair, each would take 12 hours per year… of course I was just  stumped.

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