Just because they win doesn’t mean it’s good. The stop loss is too high compared to the 1st t/p .Even if it hits the 3 t/p the loss would have been greater than the win.
People: Please use your brains! You have to factor in the W/L ratio! You can not evaluate a system’s results on the S/L and T/P levels alone.
you should use your brain
I was bored and looked at their site. There is something like a ‘Performance log’, but that is worthless. It just gives statements without any mean to verify: no date, no entry, no exit. Very easy to make something at the end of the day looking back. Ask me in two hours and I will tell you where you should have entered en how much you could have made.
Have a look at my system, here is my performance log:
EURUSD +1662 pips
USDCHF +250 pip
CHFNZD -1 pip
CHFAUX +Gazzilion pips
My system is soo succesful that I became filthy rich and only charge you $0,49 a month! Just because I love retail forex traders! Yes, I could spent time with my family and travel around the world being carried by 40 virgins, but no I rather come to this forum and price my excellent system to earn a couple of extra pennies. Look at the performance log!!! It is amazing…
O yeah, the colorscheme is to die for!!! Check out the ‘Candy crush’ and the ‘I think I am gay!’ schemes.
Trading the signals is easy! When I tell you you trade a long and a short trade and you stick with the one that is winning, and stop the other before your account is empty!
Signals include trading 43 fx pairs, gold, oil, fish, women, porn dvds, hair extensions, plutionium and fake yellow snow!
A true must see!
All you are trying to do is kill a winning thread, your a troll and an epic fail because you are yet to prove that what we are saying is wrong. Even if they had no performance posted, doesn’t mean jack-all, if in the end I am making money, you are making money and everyone else is making money from the signals that’s what matters and that’s what is being shown. Dux Forex signals are good and profitable, thats my opinion based on my personal experience and this thread is about that. If you have to complain then at least have a valuable reason which you still don’t. Just by looking at your post it’s obvious you have absolutely no knowledge of anything. And I am also willing to bet that your account along with the other two previous posts are by the same people.
This guy is probably a advertiser for this dd forex signals service. All they are discussing for the longest time is dux forex and the flaws. They are trying to relay the traffic from dux forex to their service because they know dux forex is better. Look at the posts and you will know what I mean. They are jealous of dux forex… war dux!!
Its part of business man. All services and companies try to defame others and spread lies so you turn to their product. Dux Forex is the top signals service so they obviously see them as a threat so they are doing anything in their power to convince you that they are unreliable which in fact its the very opposite. I don’t recall anyone on this thread defaming another service so I think it’s their competitors who have an inferiority complex. Ignore the haters and focus on your trading. Like you said its the pips that count. Just ignore the haters and focus on results.
Na. I think you guys are delusional and need to back off marketing your services here. So I agree with toekan.
Dux signals and FX Ageny are both products from elementforex.com (there you go lads a bit of free advertising). The lack of participation on the forum and the detail inside knowledge strongly suggest the main contributers are infact the owners of the site. These people while having a real skill set fully understand that selling products to noob traders is dar more lucrative and holds less risk than trading.
So they come to babypips,create their fake avatars and posse as newbies that have stumbled upon the holy grail. What a load of crap. They come here because this type of activity can not and is not tolerated on other forums like trade2win. And it should not be tolerated here.
Any mug punter can enter a trade in random, place a huge stop loss against and make 10 pips here and there. Doesnt make a winning system.
So dont get upset when you get called out. Those of us that actually have some knowledge know whom the real trolls are and their fithy dirty scum marketing tactics.
Ducking h8 marketers
Hahahaha…
My history of posts speak for what I stand for. I am not affiliated with any company, but I hate fake accounts and commercial companies that try to lure in new traders.
I don’t give much about your opinion. Let the readers decide for themselves.
Or you guys start showing some actual proof… Lure me in, give me some signals before the fact.
:20:
ahaha, looks like babypips mods stepped in. Your calling us marketers but we have I have no affiliation with them whatsoever we well at least me. But I know I’m calling you haters because you fail to prove that dux is a bad service which you are utterly trying to do. Its obvious you toekan are either the same person posting from multiple accounts or somewhat affiliated with each other… your post you made on Jan 19 2016, 07:12 PM and Toekan at Jan 19 7:16 PM. hmmm… just 4 minutes apart from posting? I wonder why?
Ummm 10 pips? All dux forex signals TP is between 20-30 pips and in the past 3 weeks most signals have reached TP and TP3 which would range from earning +40 to +100 pips. You need to do your research more. If it was that easy to make “10 pips with a huge stop-loss” consistently, everyone would be rich. Its not that easy. Whats dirty scum is when hired trolls try and steal the spotlight from other services in order to divert people to them. I am not saying you’re one of them but the only reason why I am responding to his is because the fact is that the signals are wining overall and if that’s the case, no one deserves to be accused or criticized. We all wanna make money so why are we arguing??
USD/CAD +31 pip. Just hit target minutes ago.
There signals might be winning overall but the simple fact is they do have a huge stop loss. They also have 3 stop losses which means YOU have to decide which one to take and my guess is if your using signals, you wouldn’t really know which one to take. Therefore if your using their 1st t/p one loss would cancel out 3+ winning trades and if your using t/p 3 u would loose roughly 1 winning trade plus a few pips into another winning trade. I dunno if I’ve explained myself well but the point I’m trying to make is just cause there winning now doesn’t mean it’s a good strategy. If they start loosing, let’s say 3 trades in a row, you would wipe of a lot of your winnings. I wouldn’t risk it. Like they say you get what you pay for and for $5 I wouldn’t say they are awful just something I wouldn’t use.
and IMHO you can only use TP1 as a guide to how good they are, if you cant watch the market 24/7 and you use TP2 and the trade hits TP1 and almost makes TP2 but then turns and hits SL in their eyes the trade was a winner, but not to you!
This is advertisment. As in another commercial system thread Richardhill, garmin, tunuck, dukenukem, ss30 and fxmt4 ( it is all they talk about) are just promoting these two systems. No actual proof has been seen.
Do not rely on this thread.
Yes I agree with you 100%. Because it’s not always gonna hit t/p3. Which means you have to pick one like u said and that means if it misses the one you chose in their eyes the trade was a winner as it still hit the other t/p. But because u didn’t pick the right t/p they would still class it as a win but you would lose a whole bunch of pips as their stop is usually huge. Even considering if it went to the last t/p it still wouldn’t be worth the risk as the risk to reward ratio isn’t good. A few loosing trades and it would take a longer time to make it back
The vast majority of signals have hit TP3, for example the signals reached +80 pip on USD/CAD yesterday which was a good signal. There is not such thing as “just because a strategy is overall profitable, it does not mean its a good strategy”. That makes no sense. Obviously the strategy and entries are good which is why they are profitable overall.
I am not promoting anything. I am trying to see if there are any reliable services. 80 pips i dont think it was 80 pips for tp3…i have never seen a 80 pop tp3 signal from them yet most are 40 pips
40 pips is usually around TP2, TP3 is 40-60 or more isn’t it? I know they are dynamic and they use different levels of TP1. Sometimes the targets are higher or lower.
Most time their t/p 3 is around 40 pips with stop loss around 60. Why do people keep saying things like 80pips just because it passed t/p3. It Definately isn’t 40pips for t/p 2 either. Just because they are overall profitable doesn’t mean what they are doing isn’t risky. A few bad trades could easily wipe of their overall profitability as the risk/reward ratio is awful