Apr 26

There were 10 trades from fap Turbo this week for a loss of 70.2 pips or 316.75 British pounds. As you know that is about $470 that was lost this week which is quite significant. These are the type of weeks you hate to see but sometimes they do happen.

So here’s what happened which makes this week seem so horrible. There was a US dollar Canadian dollar trade which hit its stop loss. The trade was set at a stop loss of 48 and was just 10 short of the default and the trade was executed just before the recommended time of 2100 GMT. In another account the stop loss was back at the regular 58 and the start time was set to exactly 2100 GMT and the trade was executed profitably. Here you can see again that human intervention can be a great detriment to your profits.

The moral of the story is “just stick with what works”.

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Apr 22
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FAP Turbo did 14 trades this week for a loss of -1.2 pips which means a loss of 14.33 British pounds. This is a fairly light and uneventful week because it was a loss of about $21 this week.

There was one loss in the US dollar Canadian dollar pair which really reduced the profits and other than that everything was pretty good. It seems over the last few Thursday sessions the fap Turbo software has been performing pretty well but this could just be coincidental so we’ll have to keep an eye on whether the trend continues or not.

The IM FX account in New York is still not open. Hopefully he’ll be completed this week because of the low commissions of one pip that is simply too juicy to pass up with these EA softwares and could open up a ton of incredible opportunities for trades. Also might be opening a jade FX account too.

Another bot that is rarely talked about but is doing fairly well is the Forex autopilot system. You have to have the right settings and manage your money a little bit more but the profits have been consistent daily for the past few months now. This type of consistency in performance has been lacking in some of the other robots so it’s probably worth checking this bot out and adding it to your arsenal.

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Apr 19
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Fap Turbo did 14 trades for a profit of 59.5 tips or 145.53 British pounds. This means roughly $240 was gained this week.

This is quite a nice profit despite the tricky conditions that exist in the marketplace now because of the variable spreads. Again there were days where there were absolutely no US dollar Canadian Dollar trades and it’s almost certainly due to variable spreads and market conditions rather than there being no opportunities for the bot to capitalize on.

Overall, things seemed to be good and it’s looking like opening an account that he’s in the process of in New York is going to happen pretty soon. They have reduced their commission structure to about one pip which should mean some amazing things for fap Turbo. And it also should help the other EAs including mega Droid.

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Apr 15
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There were 15 trades done this week by fap Turbo for a loss of -14 pets and an actual loss in British pounds of 52.84. This means that roughly $76 was lost for us in America.

The big loss has to be blamed on the US dollar Canadian dollar pair was basically attributed to human error because he turned on the expert advisor FAP Turbo software too early. He got a little bit too ambitious and greedy and got burned in this case but hey that’s going to happen sometimes.

While some people have reported doing well with the new alpari UK variable trading spreads it’s been quite difficult for our main trader to get any trades after 2100 GMT. Keep persisting in your currency pairs trading and hopefully this will change but if not it’s cause for an adjustment in strategy.

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Apr 12

13 trades done by fap Turbo this week for a loss of -10 pips but slated a profit of 65.86 British pounds for the week. So how can this happen?

Even though the pips are negative this happened because a low lot trade on the British pound Swiss franc hit its stop loss. The low lots on this trade meant there was a small financial loss but the pip loss was very large. And I’m sure you can agree it’s okay to lose a lot of pips if you’re only losing a little bit of actual money or even making money.

It seems the only pair that’s really performing well right now for profits is the US dollar Canadian dollar. It seems to be around the same time before 2100 GMT that you want turn on the fap Turbo bot to trade and eight US dollar Canadian.

Much more money was made this week in the amount of 146.85 British pounds from what trading the Mega Droid did.

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