looks like i have 2 eu and 2 uj trades open as well. As usual smfx has bounced back and is looking good again. I hope we can gain some momentum and have a stellar month!
Have a great weekend everyone
My favourite time of the week 
So I am the only one with so many trades open? strange.
@Rocksmoot You make the last 7 days just 76 trades, my EAās more than 115 in the same periode
and my results are not that good. The EAās with default settings and my broker is Hotforex
I wait a few days for I go live.
Hi guys
I also just had eurusd and jpy trades which I closed before market closure.
Enjoy the weekend
I went live w/ an OANDA account yesterday, so far itās taken nearly every trade opposite to my IBFX account. The price chart for the 15min has more chop in it as well. Iāll give it a few weeks, or 20% DD and then see where Iām at. This is running both SmartFX EAs as well as Black Belt (same as my IBFX acct.)
looks like the smart scalper aināt that smart for the first 2 months of 2012?
How about the month of December? Itās easy to pick and choose but when it has shown good months as well, what month(s)do you use to make a decision? For me, using both BH and MS, Iām above my goal for the year. At least today anyway.
Tim
the EU trade looks like its going to be a painful one 
This thread has grown pretty quiet, with no really recent posts from the development team. Have people grown less enthusiastic about this EA? Is the dev team still following this thread?
Iām still testing on three demo accounts and will continue to post weekly results here. I havenāt decided whether or not to go live with this system yet, and some feedback from some of the longer-term userās overall impressions at this stage in their experience would help a lot. It would also be nice to hear from the devs from time to time.
Thanks!
I hope Robert is still following
From my perspective, today I have again put them back to 50% as they are sadly constantly losing. They did have a good week a while ago, but currently they slowly eating away my equity.
As the combo had a good November and December for me and others, I still believe that the good times will come back and that Robert is monitoring this thread and is aware of the performance.
For me, Jan/Feb have been 2 not so good months. March will probably be the decisive one.
yeah, pretty tough day for the boys:
FinFx, down 4.89%
MB Trading, down 3.89%
Collective FX, down 0.16%
Ouch.
Unfortunately those of us who started in Jan/Feb are getting the short end of the stick. Not Fun!
After reading most of the thread I decided jump in and grab this EA. I did this based on some of the good results in Feb. Now reading to the end it looks like the gains have disappeared. As well as this the support posts seem to have dried up a little. Letās hope that turns around as well. That was a major factor in my purchase.
I have put this on a demo with 5k cash leveraged 100:1. Will see how we go in March and possibly go live with 5k in April.
How is everyone else going with this? Are you guys still confident about the long term profitability of this EA?
This thread is like a roller coaster. You can tell when the EAās are doing well and when theyāre doing bad. I think that is why itās quiet. Nothing to really talk about other than good times and bad times. Iām still optomistic even though itās below my expectations right now. Itāll go up and itāll go down. As I have said in the past, set yourself a realistic goal instead of expecting it to do nothing but good. The day was bad, not just in what these EAās did but stocks and precious metals. Unfortunately you would have to be a dedicated day trader to short just about everything to make any money. At least thatās how I see it. Thereās always tomorrow!
Tim
I had given up on this set of EAs at one point but decided to come back and give them another shot. I started them up over christmas so after reading about the great gains over November/December I jumped in, just in time for the January/Feb DD to start. Iām still working on a longer term plan for what iāll do with these EAs though. Still undecided 
I did put them @ 50% though which is a level that iām a little more comfortable at.
Iād love to hear the developerās commentary on this rough patch of late. His insight would be interesting. My thinking is that the sheer volatility of all the markets make programmed trading a pretty damned risky undertaking, at least with the level of sophistication you can expect from a $99 software component. It would be great if someone could develop an EA that smells blood in the water for that price.
Yeah the last few days have been anything but pretty. Almost back to BE on my IBFX account, just barely above on my OANDA one. Weāll see how March plays out, all this Eurozone fear-mongering is brutal.
Hello Traders,
The Breakout Hunter, along with most EAs that work with the trend, have had a good January and February.
All scalpers, together with most ranging strategies have had some Drawdown, unpleasant but well within parameters.
Those of us that trade the Combo have had the much discussed hedging effect they have on each other, which soothes the drawdown
The markets are (hopefully) starting to settle from the Euro debt crisis and the commodities rally of the first two months of the year. Both have had negative effect on scalping, since the quiet markets we normally get when everyone is asleep in Europe and the US have not been normal, starting to rally during the New Zealand session, instead of the more typical pattern that waits for the Australian and Tokyo markets to open.
This explained why we blame the markets.
Now letās explain what we are doing about it, since the conditions of the market are ever-changing and it is wise to adapt, for the new volatility may be here to stay for a while:
The next update, well advanced now and to be released around the end of the month, will see many changes that will address drawdown. Specifically it will add trailing stops that will kick in at the end of the trading session, trying to limit those positions that stay open long after the closing the Asian session. We will also have a new filter that will address market volatility in a complimentary way to the filters we already use, trying to limit entries on days of excessive market volatility.
So basically there are changes to both entries and exit strategies that will improve further the strategies of both MS and BH.
As always the update will be sent to all clients via email free of charge.
Forex trading, like all trading, is market dependent, and these markets are far from normal. But the drawdown we have experienced is still well within parameters. We expect to get back to normal soon, as these periods do not last too long.
Appreciate the update, Iāll be looking forward to the next update.
Thanks Robert, itās good to know that youāre still around and that you have confidence that things should start to work themselves out. The update sounds promising, will it affect both the Breakout Hunter and the Master Scalper?
Yesterday was a disaster for both my accounts, just below BE on IBFX and about ~2% down on my OANDA account.