I am proud to say that I have achieve my second new years resolution… which was to build my own EA.

Ok… maybe not from the ground up, I kind of cheated a bit in my quest to achieve this goal. I took another EA, tweaked with it, add some rim, add some nitrous, change the engine to a V8 and add a coat of new paint. Voila!!! A beautiful masterpiece…. which I named it aQuila.

Initially I wanted to name it Megan Fox… but thought I might be sued if this beauty proved hotter than Megan Fox.

Anyway, I also added another ‘computer system’ to monitor this lean mean beautiful machine… This EA works in parallel with aQuila to ensure my account to get fu(ked.

I have been testing the main EA for about 2 months now and tweaking it here and there was not easy…

It all started with a busted account and myfxbook chart below shows my progress..

My first attempt[Note: Deleted the chart below because it is cramping myfxbook, this screenshot will be suffice for my journal record purpose]

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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 »

It’s time I come clean with my secret projects 1 and 2. These secret projects were carried out at the end of the year and I have been mooting these projects because I had great expectation with these project because it was something new to me.

It is not entirely an EA project but rather it is a manage account using EA by the developer.

At the end of last year, I was convince that the best forex ea can not be found. If someone has it… they ain’t going to share it. And that was the reason why I had to try this out… I needed to know. And as they say, if you want to know, you got to get your hands dirty.

And so I did and by chance I manage to hook up with two guys to execute the project.

With manage account, it is a different game all together. Hmm… well it is not even a game. The reason is that my account is at their EA’s mercy. I totally have no control over it. Therefore, I can not be involve in it. Zip involvement. Zero touching. Zilch playing.

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