Perfomances As Of End July 09

Filed Under (Performance) by Casey on 03-08-2009

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So… what else can I say… I have still not successfully claimed my place in the automatic forex world. It is sad… really sad. But I can not give up.

After my ranting a few days ago. This is my forex position at the end of July 09


What was filled with hope ended with dismay… Four months of continuous lost. Not good… not good at all…

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“Rem”ing The Brake On Xtreme Turbo

Filed Under (Journal) by Casey on 06-07-2009

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Since Alpari was my worst performances for three consecutive months. Corrective action needs to be taken… Now before I ran my band of Euro brothers, and’s EA… I had three main scalping EA on this account. Mainly, FAPTurbo, RemExpert and Xtreme (both EURGBP and EURCHF)

Because these are scalping EAs… there have taken quite a lot of trades amongst themselves and thus, it was kinda difficult to see how well they performed. So with no other option… I had get down on my knees and start to disect my statement and analyze throughly what and how these three EA are doing.

So… what I did was I downloaded my statement from beginning of April 09 till end of June 09 since it was these period that I took a $hit load of losses. It was not easy…. but after painstaking toying around with my spreadsheet and I manage to get this out…

Over the past three months these was what happened… Read the rest of this entry »

Perfomances As Of End June 09

Filed Under (Performance) by Casey on 05-07-2009

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It’s the time of the month again where I review my month end performances. But this time round I think I need to really look into this much more deeper. As June closes, it means half of the year has gone. So how did I fair? After numerous thoughts, and action change and philosophical ideals, did my performances changed?

Let’s have a look…


Last month I came out slightly better… and it seems that I am slowly moving out of the rut from a month end total lost of $417 in April to -$65 in May and profit of $20.90 in June 09. Just to note… I have to deduct $100 because I added another $100 into my FXDD account to start trading Forex Barometer.

Overall my last half month was a failure. I have taken myself back $225 from my objective to recoup my initial capital. I am really hoping to break even by the end of this year, which is my target and goal for 2009.

And once that is done, my target is to recoup my initial investments on buying all these forex EA by mid 2010. Subsequently start profiting after mid 2010.

Bold? I don’t know… but at least it’s a goal.

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Operation Blitzkrieg ~ Ready to Go

Filed Under (EA System) by Casey on 23-06-2009

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It has been two weeks already since I started my training to assault EURUSD (Euro Blitzkrieg). And I must say… they seem ready.

Initial I have short listed about 7 mercenaries

  1. Forex Boomerang
  2. EuroBlaster
  3. Forex Transformer
  4. Pipzu
  5. Crusher
  6. Cyborg
  7. Forex Espionage

Out of all these 7 only 4 made it and was chosen. Forex Espionage was pretty obvious, it was a copy of Transformer. Bloody poser… So I would opted for transformer, since that EA was more credible… Cyborg, well… that EA was on martingale, and I don’t want a loose cannon on my team and Crusher only perform well on 4 digits account and fu(ked up some trades.

So it came down to only the top four. Now let’s see how they perform over the past two weeks no? (Click on graph to view full statement)

Impressive no?

Out of all the four EA, Forex Boomerang was the one that did the most work, second came EuroBlaster, third came Transformer while four came Pipzu.

Kind of unexpected… I would have assume that Pipzu would take the lead base on the backtesting result done initially. But whatever it was, these band of brothers seems to be doing really well.

EuroBlaster just got an upgrade to V2. So I hope to see more action from EuroBlaster. While I am still skeptical about Pipzu… I must wait until some conclusion can be made.

Since Boomerang has been impressive, I initially wanted to see if only Boomerang will perform as well LIVE. But I believe these sort of results is a combination of all four. I think if it was left alone, these sort of curve would not produced.

So what I did was put all four live on my Alpari account. Of course trading at only 0.01 lot… while at the same time continue with my demo testing. Just to see if both DEMO and LIVE results would be more or less the same. Maybe see if I can recruit any other EA to this mission.

We shall see….

Operation Blitzkrieg

Filed Under (EA System, Journal) by Casey on 10-06-2009

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This is day 2 of operation Euro Blitzkrieg. I have set up all the EA on the demo ground to see how well it will perform on the training field.

Suffice to say… it was pretty tedious to set it up in an organize manner. It wasn’t easy but it has got to be done. To win the war… these soldiers must be ready. If they are not… then screw it.

As day 2 comes to an end… I found out more and more interesting things about these EA. Some were not what they are cut out for. But we shall see.

I have set up two different training ground. One demo platform is put in place to let them run freely without any control. Where else the other demo platform, the EA are controlled.

The controlled idea came about with I was reading and testing Firebird Driven. The reason for control is that because most of the EA has a very big stop loss level. The problem is that with big stop losses, all you need is one stop to whip your profits down to size.

And it would take a whole load of pips to get back on track. This is undesireable. And I believe what causes the see saw in the backtesting graph.

But this needs to be proven.. which EA needs to be control and which doesn’t. It is for that reason, I have set up two different demo to experiment.

Euro Blitzkrieg

Filed Under (EA System, Journal) by Casey on 06-06-2009

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I was trying to backtest other EA in my ‘To Be Tested’ folder… and as I was backtesting and backtesting and backtesting…

An idea popped up on my head…. But… before I dived into what this idea is about… I notice that during all these backtesting… a lot of the graph were see-saw shaped.

While the profit factor is interesting within the initial time period of 2008 till end May 2009… the see saw graph proves discouraging…

Maybe because I am brainwashed by the so called ‘smooth’ equity curve… like this one below

Equity Curve
(Will talk more about this in another post)

Or recently… like this linear graph below…

Linear Line
hehe.. this guy made no promise to me that he will share his secrets…

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