Profit Empire Robot (Od profitrobot)
The user has made his system private.
Profit Empire Robot Diskusia
Členom od Jul 17, 2014
2 príspevkov
Jul 25, 2014 at 07:51
quote]rameezcfa posted:
Just to address everyone who only criticizes when there are drawdowns, guys if you guys are so good at trading or you have better systems then why do you just look at this system's page, GO GET A LIFE.
IF THIS SYSTEMS GOES IN DRAWDOWNS AND ALWAYS ESCAPES FROM BEING BLOWN AWAY, THEN THIS IS NOT LUCK OR COINCIDENCE. THIS IS SHEER KNOWLEDGE AND CONFIDENCE IN THEIR TRADING.
First, just because someone uses an EA doesn't mean they don’t know how to trade. It can be a diversification, or maybe , like me, I have a profitable business and simply don’t have the time to trade but I want a position in the game. So I do bitch about these guys, a lot, and I do have a life. Unlike you, I can tell the difference between hope, knowledge, and flat out bullshit. PER has lots of the former, and the latter, with none of what’s in the middle. Just because I can cross a road 100 times and almost get killed only twice in the last year doesn't mean I know how to get across the road safely, no matter how many times I chant Inshallah. When I hear something besides “it should close Friday, or Tuesday, or on the next blood moon” I may have a little respect for them. As I've told you in prior postings, they did not write this code, they purchased some, but not all, of the rights, and are only re-sellers, and expensive ones at that. I bought the rights to use this EA through another re-seller for a one time fee that’s a hell of a lot less than what Empire charges for one year. So stick that in your sheer confidence and knowledge pipe and smoke it. They don’t know what’s going on because they didn't write the damn code! You are in this trade until the account blows, or the trade closes. PERIOD.
For all those out there looking for divine guidance from the monkeys behind the wheel, here’s some guidance based on technical analysis. Am I right? Who knows, but it’s better than “it should close by next week”. Anything can happen (news event, world events) that could turn this ship, but right now, the charts are not looking good.
The trend as defined by the simple 50 and 200 day moving average and their crossovers (universally recognized) says the trend is down on the 1 hour, 4 hour, daily, and weekly charts. The SAR, which I like to use for a quicker indication of the turning points, is pointing down on the weekly charts, and turned down on the monthly charts just today. On the longer term weekly charts, a bearish wedge that began in 2012 is just now breaking out to the downside. The conservative target for a measured move down is about 1.1105!
Add all this to the ever declining strength in many of the oscillators, well, you may want to cancel your subscription until this dog of a trade closes. Like I said, things change, and all you can do is base what you think you know on the facts that are currently available, and right now, it is just not looking good for this trade on any of the longer time frames. The longer time frames are the ones that matter right now. You don't need a little bounce, you need a huge move.
Like it or not, you may have to take control of this basket of trades to save your account because PER just ain't gonna be there for ya. Things are getting oversold right now, in the daily time frame, and we’re due for a bounce, but if you think that the overall trend is going to be down for awhile, you can wait for the next bounce, and then open a hedging trade. Add up the lots that your are short, and place a trade with the same lot size, but long. This will stabilize your losses (you won't make or lose anymore as long as the hedge is on) until you see higher highs and higher lows instead of the lower highs and lower lows we've been seeing for months now. You can then close the hedge, and let your losses decline as the trade finally trends in your favor.
Peace out!
Michigander
Just to address everyone who only criticizes when there are drawdowns, guys if you guys are so good at trading or you have better systems then why do you just look at this system's page, GO GET A LIFE.
IF THIS SYSTEMS GOES IN DRAWDOWNS AND ALWAYS ESCAPES FROM BEING BLOWN AWAY, THEN THIS IS NOT LUCK OR COINCIDENCE. THIS IS SHEER KNOWLEDGE AND CONFIDENCE IN THEIR TRADING.
First, just because someone uses an EA doesn't mean they don’t know how to trade. It can be a diversification, or maybe , like me, I have a profitable business and simply don’t have the time to trade but I want a position in the game. So I do bitch about these guys, a lot, and I do have a life. Unlike you, I can tell the difference between hope, knowledge, and flat out bullshit. PER has lots of the former, and the latter, with none of what’s in the middle. Just because I can cross a road 100 times and almost get killed only twice in the last year doesn't mean I know how to get across the road safely, no matter how many times I chant Inshallah. When I hear something besides “it should close Friday, or Tuesday, or on the next blood moon” I may have a little respect for them. As I've told you in prior postings, they did not write this code, they purchased some, but not all, of the rights, and are only re-sellers, and expensive ones at that. I bought the rights to use this EA through another re-seller for a one time fee that’s a hell of a lot less than what Empire charges for one year. So stick that in your sheer confidence and knowledge pipe and smoke it. They don’t know what’s going on because they didn't write the damn code! You are in this trade until the account blows, or the trade closes. PERIOD.
For all those out there looking for divine guidance from the monkeys behind the wheel, here’s some guidance based on technical analysis. Am I right? Who knows, but it’s better than “it should close by next week”. Anything can happen (news event, world events) that could turn this ship, but right now, the charts are not looking good.
The trend as defined by the simple 50 and 200 day moving average and their crossovers (universally recognized) says the trend is down on the 1 hour, 4 hour, daily, and weekly charts. The SAR, which I like to use for a quicker indication of the turning points, is pointing down on the weekly charts, and turned down on the monthly charts just today. On the longer term weekly charts, a bearish wedge that began in 2012 is just now breaking out to the downside. The conservative target for a measured move down is about 1.1105!
Add all this to the ever declining strength in many of the oscillators, well, you may want to cancel your subscription until this dog of a trade closes. Like I said, things change, and all you can do is base what you think you know on the facts that are currently available, and right now, it is just not looking good for this trade on any of the longer time frames. The longer time frames are the ones that matter right now. You don't need a little bounce, you need a huge move.
Like it or not, you may have to take control of this basket of trades to save your account because PER just ain't gonna be there for ya. Things are getting oversold right now, in the daily time frame, and we’re due for a bounce, but if you think that the overall trend is going to be down for awhile, you can wait for the next bounce, and then open a hedging trade. Add up the lots that your are short, and place a trade with the same lot size, but long. This will stabilize your losses (you won't make or lose anymore as long as the hedge is on) until you see higher highs and higher lows instead of the lower highs and lower lows we've been seeing for months now. You can then close the hedge, and let your losses decline as the trade finally trends in your favor.
Peace out!
Michigander
Prílohy:
Členom od Jul 17, 2014
2 príspevkov
Jul 25, 2014 at 07:51
'and place a trade with the same lot size, but long'... I meant short, or opposite of the current basket.
Členom od Mar 08, 2011
11 príspevkov
Jul 25, 2014 at 13:16
Bye bye PROF...end the Game!!!
forex_trader_178891
Členom od Feb 26, 2014
104 príspevkov
Jul 25, 2014 at 23:11
Some how I still have strong faith on this account .
Look at the account at one time $150 k .That is alot of money .The owner deposit $10 k and make it 15 times to $150 k .
If it was me I would withdraw $100 k or even $140 k to my pocket and start over again .
But this guy did not withdraw any $0 .
This guy must have strong faith on the system he can not lose account ( That is $150 k man , it is not normal like most accounts on fxbook with few hundred or few thousand $ ) .
This guy either stupid or extreme smart He know something we dont know ??
or may be he is too greedy ?
whatever he is if he can survive at this time than I really respect him .If he lose $150 k this time than I dont know what word I should call him .
It is amazing to see the way he treat $150 k .no cut loss , no withdraw , no add more money .... nothing .
Look at the account at one time $150 k .That is alot of money .The owner deposit $10 k and make it 15 times to $150 k .
If it was me I would withdraw $100 k or even $140 k to my pocket and start over again .
But this guy did not withdraw any $0 .
This guy must have strong faith on the system he can not lose account ( That is $150 k man , it is not normal like most accounts on fxbook with few hundred or few thousand $ ) .
This guy either stupid or extreme smart He know something we dont know ??
or may be he is too greedy ?
whatever he is if he can survive at this time than I really respect him .If he lose $150 k this time than I dont know what word I should call him .
It is amazing to see the way he treat $150 k .no cut loss , no withdraw , no add more money .... nothing .
Členom od Jul 25, 2014
2 príspevkov
Jul 26, 2014 at 09:59
Mich10 - good anal-ysis! I am still trying to figure out to what degree tech anal-ysis really works or not? There must tons of academic studies published over the centuries. I have studied it a lot. I have taken umpteen classes. I have tried to do it. Nobody ever shows any data, or proof, that any of it means anything! I sure haven't figured it out yet after tens of thousands of dollars, and thousands of hours trying. If it really is anything, one would think there would be no markets because everyone would be a tech analyst and nobody would ever have any advantage. Based on what I think I know, I would recommend that EVERYBODY dump PER asap!!! So I'm sure this will be my last post here.
Regards,
Poppy
Regards,
Poppy
forex_trader_169857
Členom od Dec 31, 2013
170 príspevkov
Jul 28, 2014 at 05:56
(upravené Jul 28, 2014 at 06:06)
vinabao posted:
Some how I still have strong faith on this account .
Look at the account at one time $150 k .That is alot of money .The owner deposit $10 k and make it 15 times to $150 k .
If it was me I would withdraw $100 k or even $140 k to my pocket and start over again .
But this guy did not withdraw any $0 .
This guy must have strong faith on the system he can not lose account ( That is $150 k man , it is not normal like most accounts on fxbook with few hundred or few thousand $ ) .
This guy either stupid or extreme smart He know something we dont know ??
or may be he is too greedy ?
whatever he is if he can survive at this time than I really respect him .If he lose $150 k this time than I dont know what word I should call him .
It is amazing to see the way he treat $150 k .no cut loss , no withdraw , no add more money .... nothing .
Extreme smart undoubtedly. This is just a cent account. No worries if it blows. Laughing all the way to the bank with the profits made from the subscriptions. I should be banned from posting in this thread after this. 😀
Členom od Jun 18, 2013
52 príspevkov
Jul 28, 2014 at 08:23
How do you know that it's a cent account? The account is verified...
buy low sell high
Členom od Jul 05, 2011
305 príspevkov
Jul 28, 2014 at 09:18
(upravené Jul 28, 2014 at 09:18)
sebast posted:
How do you know that it's a cent account? The account is verified...
MyFXBook is known for incorrectly identifying cent accounts as mini accounts. The way to verify if it is a cent account is to take a look at a trade. If you calculate the profit, using the lot size and number of pips gained, you will only get 1/10th the profit you should have gotten on a normal account.
For instance, on this trade:
07.11.2014 18:19 07.11.2014 20:55 EURUSD Buy 7.00 - 26.70 1.35982 1.36055 7.3 511.00 2h 35m 0.33%
7 lots *10 = $70 * 7.3 pips = $511.00
Since the values match, it is not a cent account. If it were a cent account, I would expect the profit to be 1/10th or $51.10.
Členom od Jun 18, 2013
52 príspevkov
Jul 28, 2014 at 09:46
ok thanks
buy low sell high
forex_trader_147420
Členom od Sep 01, 2013
10 príspevkov
Jul 28, 2014 at 10:28
You guys don't get it right? Hes making around 28/35K monthly grantted with the System monthly fee ($100) :)
Do you really think he would give a shit to 150K? If he close anything now, he would only show weakness and that would make him lose clients and new clients and bye bye monthly 30K ;)
Everyone knows where they are getting into, so stop complaining... if you are here is just because you wanted, he didn't force you to anything!
Do you really think he would give a shit to 150K? If he close anything now, he would only show weakness and that would make him lose clients and new clients and bye bye monthly 30K ;)
Everyone knows where they are getting into, so stop complaining... if you are here is just because you wanted, he didn't force you to anything!
Členom od Nov 21, 2013
46 príspevkov
Jul 28, 2014 at 10:28
so, if is is a cent account was alway 15K $....
forex_trader_169857
Členom od Dec 31, 2013
170 príspevkov
Jul 28, 2014 at 11:00
Aplmustdie posted:sebast posted:
How do you know that it's a cent account? The account is verified...
MyFXBook is known for incorrectly identifying cent accounts as mini accounts. The way to verify if it is a cent account is to take a look at a trade. If you calculate the profit, using the lot size and number of pips gained, you will only get 1/10th the profit you should have gotten on a normal account.
For instance, on this trade:
07.11.2014 18:19 07.11.2014 20:55 EURUSD Buy 7.00 - 26.70 1.35982 1.36055 7.3 511.00 2h 35m 0.33%
7 lots *10 = $70 * 7.3 pips = $511.00
Since the values match, it is not a cent account. If it were a cent account, I would expect the profit to be 1/10th or $51.10.
Dispelling the fallacies of your notion and calculation, below is a link to a cent account. Your assertion is erroneous, there's no difference regardless if it's cents or not:
https://www.myfxbook.com/members/dindinaq/roboforex-pro-cent/773008
Členom od Jul 05, 2011
305 príspevkov
Jul 28, 2014 at 11:27
(upravené Jul 28, 2014 at 11:27)
MyFxTrader posted:Aplmustdie posted:sebast posted:
How do you know that it's a cent account? The account is verified...
MyFXBook is known for incorrectly identifying cent accounts as mini accounts. The way to verify if it is a cent account is to take a look at a trade. If you calculate the profit, using the lot size and number of pips gained, you will only get 1/10th the profit you should have gotten on a normal account.
For instance, on this trade:
07.11.2014 18:19 07.11.2014 20:55 EURUSD Buy 7.00 - 26.70 1.35982 1.36055 7.3 511.00 2h 35m 0.33%
7 lots *10 = $70 * 7.3 pips = $511.00
Since the values match, it is not a cent account. If it were a cent account, I would expect the profit to be 1/10th or $51.10.
Dispelling the fallacies of your notion and calculation, below is a link to a cent account. Your assertion is erroneous, there's no difference regardless if it's cents or not:
https://www.myfxbook.com/members/dindinaq/roboforex-pro-cent/773008
I have encountered several brokers where this is true, apparently, it doesn't hold with all brokers. Another way to tell is to look at deposits and withdrawals. If all have 0 cents, it could also be a cent account. Looking at PER, his deposits do have a cents value other than 0. My guess would still be it is not a cent account.
forex_trader_169857
Členom od Dec 31, 2013
170 príspevkov
Jul 28, 2014 at 13:00
(upravené Jul 28, 2014 at 13:06)
Aplmustdie posted:MyFxTrader posted:Aplmustdie posted:sebast posted:
How do you know that it's a cent account? The account is verified...
MyFXBook is known for incorrectly identifying cent accounts as mini accounts. The way to verify if it is a cent account is to take a look at a trade. If you calculate the profit, using the lot size and number of pips gained, you will only get 1/10th the profit you should have gotten on a normal account.
For instance, on this trade:
07.11.2014 18:19 07.11.2014 20:55 EURUSD Buy 7.00 - 26.70 1.35982 1.36055 7.3 511.00 2h 35m 0.33%
7 lots *10 = $70 * 7.3 pips = $511.00
Since the values match, it is not a cent account. If it were a cent account, I would expect the profit to be 1/10th or $51.10.
Dispelling the fallacies of your notion and calculation, below is a link to a cent account. Your assertion is erroneous, there's no difference regardless if it's cents or not:
https://www.myfxbook.com/members/dindinaq/roboforex-pro-cent/773008
I have encountered several brokers where this is true, apparently, it doesn't hold with all brokers. Another way to tell is to look at deposits and withdrawals. If all have 0 cents, it could also be a cent account. Looking at PER, his deposits do have a cents value other than 0. My guess would still be it is not a cent account.
Another fallacy of yours. When a transfer is made from another currency to an USD account, the scenario you mentioned would occurred. It'd never even up with .00 due to the exchange rate regardless if it's cents or not. Take a look at the cent account in the link below. Multiple deposits and withdrawals that justified you are wrong a 2nd time.
https://www.myfxbook.com/members/svslob/roboforexprocent/786222
forex_trader_178891
Členom od Feb 26, 2014
104 príspevkov
Jul 28, 2014 at 13:03
it could be cent account because so far MYFXBOOK still can not identify cent account or $ account .
It is easy to verify .
His broker is Roboforex .https://www.roboforex.com
contact them and ask if they offer cent account .
if this broker don't offer cent account than is is real account.
It is easy to verify .
His broker is Roboforex .https://www.roboforex.com
contact them and ask if they offer cent account .
if this broker don't offer cent account than is is real account.
forex_trader_178891
Členom od Feb 26, 2014
104 príspevkov
Jul 28, 2014 at 19:27
Yes .
This is 100 % cent account .I feel bad for you guys those follow this signal .
I just contact the broker for you guys :
Our company representative will be with you in a moment.
12:16 Lesia S has joined the chat.
Lesia S | 12:16
Hello, thank you for contacting RoboForex. How can I help you?
Hns | 12:16
Hi
do you offer cent account ?
Lesia S | 12:18
Yes, we offer Fix Cent and Pro Cent accounts:
https://www.roboforex.com/trade-conditions/account-types/
...............
So the way He did is very simple but effective : Find one Matigle EA than open cent account with deposit of $100 .
Start trade until the account blow up than collect fees from followers .
MYFXBOOK falt too . Why myfxbook can not finger it out the way to identity and verify cent account for customers ?
be careful out there guys .
many cent account on myfxbook .
Good luck
This is 100 % cent account .I feel bad for you guys those follow this signal .
I just contact the broker for you guys :
Our company representative will be with you in a moment.
12:16 Lesia S has joined the chat.
Lesia S | 12:16
Hello, thank you for contacting RoboForex. How can I help you?
Hns | 12:16
Hi
do you offer cent account ?
Lesia S | 12:18
Yes, we offer Fix Cent and Pro Cent accounts:
https://www.roboforex.com/trade-conditions/account-types/
...............
So the way He did is very simple but effective : Find one Matigle EA than open cent account with deposit of $100 .
Start trade until the account blow up than collect fees from followers .
MYFXBOOK falt too . Why myfxbook can not finger it out the way to identity and verify cent account for customers ?
be careful out there guys .
many cent account on myfxbook .
Good luck
forex_trader_178891
Členom od Feb 26, 2014
104 príspevkov
Jul 28, 2014 at 19:46
Aplmustdie posted:MyFxTrader posted:Aplmustdie posted:sebast posted:
How do you know that it's a cent account? The account is verified...
MyFXBook is known for incorrectly identifying cent accounts as mini accounts. The way to verify if it is a cent account is to take a look at a trade. If you calculate the profit, using the lot size and number of pips gained, you will only get 1/10th the profit you should have gotten on a normal account.
For instance, on this trade:
07.11.2014 18:19 07.11.2014 20:55 EURUSD Buy 7.00 - 26.70 1.35982 1.36055 7.3 511.00 2h 35m 0.33%
7 lots *10 = $70 * 7.3 pips = $511.00
Since the values match, it is not a cent account. If it were a cent account, I would expect the profit to be 1/10th or $51.10.
Dispelling the fallacies of your notion and calculation, below is a link to a cent account. Your assertion is erroneous, there's no difference regardless if it's cents or not:
https://www.myfxbook.com/members/dindinaq/roboforex-pro-cent/773008
I have encountered several brokers where this is true, apparently, it doesn't hold with all brokers. Another way to tell is to look at deposits and withdrawals. If all have 0 cents, it could also be a cent account. Looking at PER, his deposits do have a cents value other than 0. My guess would still be it is not a cent account.
Not really .When you deposit $100 .The broker may charge you fees so it still come out not even with zero .
here is one of my friend cent account .It not end up with 0 either .
so this is 100% cent account .
https://www.myfxbook.com/members/javadfx/golden-fx-trader/892084
Členom od Jul 05, 2011
305 príspevkov
Jul 28, 2014 at 20:27
Deposit less than $100. and charge people $100 a month. Impossible to lose, Ha
Členom od Apr 12, 2013
16 príspevkov
Jul 29, 2014 at 06:32
PER is using a standard account not a cent account. I know because I was a subscriber. I made good money with PER but I quit when the developer changed the trade strategy for volume from uniform volume to doubling the size of trades in order to quickly recover losses on open losing trades when the currency pair reverses. By doing so PER basically became a martingale with the high risks associated with such a system. If you look at the live trading statement posted on forexpeacearmy.com you will see that PER now has a floating loss of $119,082.07 . If the EURUSD pair continues its downward trend losses will quickly erase the $150,091.37 closed trade profits that PER made in the past. I feel sorry for those who did not quit using PER when the developer changed the trading logic. They should have done what I did which is take the losses and quit using PER. That way those losses only dented the accumulated profits I made in the past.
Členom od Dec 18, 2013
11 príspevkov
Jul 29, 2014 at 10:49
It really does not matter what PER did and how much money earned.
I believe no one was forced to subscribe. No one was forced to copy their risks' scale.
Lucky ones left on time, some did not.
It's been a matter of luck for PER and its subscribers. Market conditions changed... Obviousely, PER is trying everything to keep afloat by changing lot size, working with pound, they may come to idea of basket of orders and close it at BE, or even at some loss.
I do not see any bright future for EUR. Options and Futures traded at CME make me sure it won't soar at the scale that might save PER
I believe no one was forced to subscribe. No one was forced to copy their risks' scale.
Lucky ones left on time, some did not.
It's been a matter of luck for PER and its subscribers. Market conditions changed... Obviousely, PER is trying everything to keep afloat by changing lot size, working with pound, they may come to idea of basket of orders and close it at BE, or even at some loss.
I do not see any bright future for EUR. Options and Futures traded at CME make me sure it won't soar at the scale that might save PER
