Archive for January 2013

It's Going To Change Our Lives...

Posted on Tuesday, 15 January 2013 by

Bring On 2013!

It's Going To Change Our Lives...
In May 2012 we launched LiveForexTrading.info with the intent of building a reputable, reliable and profitable forex trading community. A community where professional traders can offer their signals and chat about the market in real time.

In the past 7 months we have achieved the following:
10,000 Visitors  per month
3,500 Registered members to the trading room
Number 1 Ranking on Google for dozens of key terms
The best trade copier software in the world (in our humble opinion)
This has been a result of the following:
6 months of 15 hour days for both Will and myself.
Over 2,000 hrs committed to search engine optimization
Tens of thousands of dollars spent on development and advertising
Thousands of emails sent to potential team traders.

During the journey the most interesting part has been the diversity of traders that I have had the pleasure of dealing with on a daily basis. I’m working with money managers in the US trading millions of dollars on behalf of their clients, to mathematics geniuses in India trading $500 accounts and making 100% monthly returns.

It’s been a steep learning curve in many respects. Especially with the disastrous losses incurred from Erio’s Earner in October. You might be surprised to hear me admit that In 2012   I lost thousands of dollars trading forex. However I consider these losses part of the investment in building this business, and finding opportunities to change my financial destiny through the forex market.

2013 is going to transform my life, and hopefully also the members that follow my lead.

I have personally spoken to over 100 traders who have expressed interest in joining as signal providers. I worked hard on this pursuit after Erio’s Earner failed and the prospect of LiveForexTrading.info going up in smoke looked to be a possible reality. We are now working closely with 11 experienced; profitable traders I believe can be relied upon to generate returns for myself and our members.
As soon as we have agreements in place and the necessary trading history we will be bringing these traders to you.

You can then profit as they profit. 

Please see below Myfxbook information for 3 of the traders that have recently agreed to join LiveForexTrading.info
All details will be revealed in the coming weeks!

Pro Trader Automates His Strategy!

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LiveForexTrading

New Forex Signal


Pro Trader Automates His Strategy!


We welcome PipInvestment to the LiveForexTrading team!  This professional trader has developed a sophisticated EA that uses martingale style trade management. Importantly however, it features manual intervention to avoid the pitfalls associated with other similar systems.

PipInvestment has been trading forex professionally since 2006 and is an extremely talented manual trader. Recently he turned his talents to developing automated systems to compliment his manual strategy. He's been extremely successful having recently developedForex Identity (currently second ranked EA on Forex Peace Army with 150% return in 6 weeks) and now he has created this new EA to target swing trades on a variety of FX pairs.

This signal is available exclusively through LiveForexTrading.info If you have any questions, PipInvestment will be dropping into the trading room throughout the week so please keep an eye out for him.

Click to register for a Free 2 Week Trial! 
We are offering this signal for a special pre-holiday price of only $59 per month. The price is increasing from the 1st January, so make sure you sign up soon to lock this special price in for life!

The expected monthly return is in the order of 10%, and this trading system should provide a nice smooth equity curve. I have so much faith in it I have invested $2000 of my own cash into the system. You can track my live account here.

We are also excited to announce that you can connect to this signal through our new Direct Broker Connection. This means that you no longer need to install a copier EA onto your MT4 to receive the signals! You don't even need to have your computer turned on. Our system connects directly to your broker 24hrs per day and manages your copied trades automatically. If you would like to know more about this style of connection please let us know and we can set up a trial for you to test it out. It is incredibly cool!

For those that make the decision and follow my lead by putting their hard earned cash behind PipInvestment. Good luck to us! 

See you in the trading room!

LiveForexTrading.info

Nick McDonald
Team Trader

The Most Signal and EA Reviews Ever!

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The Most Signal and EA Reviews Ever!

LiveForexTrading.info is going from Strength to Strength! As the
reputation of Live Forex Trading.info spreads across the internet we are
gaining exposure to many more profitable traders and EA developers. We
 have the pleasure of offering more of these signals and EA reviews to
our members in the coming few weeks.

LiveForexTrading.info Signals

This month saw the introduction of Erio's Precious Earner as our 4th
Team Trader Signal. This signal is an adaptation of the successful
Erio's Earner that has been specially designed to trade gold.

Erio's Earner  + 33.6%
This signal has now been trading for 4 months and has yet to
experience a montly return of less than 20%. There was a slight issue
with a drawdown of approximately 12% during the NFP release, however
it recovered quickly and Erio is putting measures in place to insulate
the EA from this news release in the future. On the 7th October we are
increasing the price of Erio's Earner to $98USD per month for all new
subscribers. Only existing subscribers will be entitled to continue at
the existing price of $49USD per month.

In2ition Trading - 15.6%
After a horrible August, In2ition trading responded well be recovering
almost all the losses and it's now back to business for this signal.

Erio's Precious Earner  + 3.5%
This is the first month that we are featuring this signal through our
trade copier. The performance of the EA was nice and consistent
throughout the month and it performed as expected.

Pound Dollar Profits - 14.8%
September was the first losing month for Pound Dollar Profits since
March. The reduced volatility has created difficulty for my trading,
but frankly you can only blame external factors for so long before a
change in the strategy needs to be addressed. I've worked with several
experienced traders over the past week who have mentored me on how to
improve the strategy. You can expect to see some minor adjustments in
the trading style that should start to deliver profitable trades once
again.


Commercial EA's and Signal Providers

John Pearce is reviewing all our newly tested EA's, however I'll still
be providing comments on the existing tests of older EA's.

Volatility Factor + 42.3%
Nick - This looks like an impressive result, but it only brings the
account to marginally above the watermark high of July. I guess that's
why it's called Voliatiilty Factor!

Forex Envy 3.0 + 41.7%
Jon Pearce - This EA had a great month. I have the live account
running with High Volatility (HV) settings on both Long and Short
cycles. The key to Forex Envy seems to lie in running the safest set
files (HV) and using a broker with 1:1000 leverage. It will be
interesting to monitor the long term performance with this EA subject
to the account not blowing. Maximum DD on the live account was 33% but
a number of Envy account were blown last month. Use with caution and
the lowest risk possible!

HaruEA +31.1%
Nick - This is another EA that has joined the 100% club with a total
return of 131% on equity in around 9 months. Don't forget we have the
worldwide exclusive license to distribute this EA!

Forex Growth Bot + 29.1%
Nick - It had a great month taking advantage of some large moves on
the back of news releases. This EA has now returned a very impressive
122% on equity since I started trading it over 12 months ago.

Forex Gold Machine  + 25.2%
With an amazing 350 trades in just 11 days, the action rarely stops
with this EA. Opening up to ten orders per pair on 9 supported pairs,
good money management is paramount. The EA has gone through 5 upgrades
since I first installed it due to bugs discovered by the vendor.
Hopefully a final bug free version will be released soon and long term
profitability can be determined. I feel it would do well with a
trailing stop kicking in at the 5 pip profit level to lock winnings in
earlier. On a number of occasions, I have observed the price retracing
to S/L after the trade was in profit. Another possible alternative
would be reducing the T/P level to a more attainable 5 pips. Certainly
an interesting EA showing early potential and plenty of action! ( The
latest version V1.5.3 took a big hit earlier today. I feel the latest
version is faulty and awaiting a response from the vendor.)

Pipjet + 3.9%
Jon Pearce -11 trades for the month of September and all winners. As
expected, PipJet is very similar to Megadroid in its trading. A low
trading frequency but highly accurate entries with the trades it does
take. Looks like a slow but steady long term trading strategy like its
predecessor Megadroid. Certainly an EA too keep an eye on given the
results so far!

Forex Thor II  +1.9%
John Pearce - A miniscule 1.9% gain for Thor on Armada Markets. I feel
this EA is very broker dependant as other users have reported much
better gains with other brokers.
Cores 1 and 3 disabled themselves for a period of time and required
reloading onto the charts after restarting the MT4. This may well have
had an impact on the profitability for the month. Will continue to
monitor Thor with interest but results to date have been rather
disappointing.

Honest Forex Signals -18.9%
Nick - I thought about pulling the pin on this signal service last
month. But then I got caught up working on other things (that actually
make money) and forgot that I was still trading it. They are
experimenting trading some other pairs on different strategies. But
the fact remains they are still 42% down after 9 months of trading, so
I have to ask why I'm bothering. I'll be pulling the pin on this in
the next week as soon as I find the time to withdraw the money from my
account.

FX Phantom -Abandoned
I now have a grand total of $5 left from my $2k account... what can I
say other than stay away from this EA!


Keep an eye out for some new traders joining our team in the coming
months. One trial team trader returned an astounding 570% in
September!

See you in the trading room!

LiveForexTrading.info

Nick McDonald
Team Trader

August Performance Wrap-Up

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LiveForexTrading

August Performance Wrap-Up


Results On Our Systems and Tested EA's 


August was a testing month! As you can see from the performance below, most of our signals and commercial EA tests performed poorly during August (with the big exception being Erio's Earner). This was primarily due to a lack of volatility in the market. We expect conditions to improve through September as well as profitable returns for each signal.

 LiveForexTrading.info Signals  

This month we welcomed In2ition Trading onto our site as a Team Trader and signal provider. In2ition Trading has over 16 year's experience trading the FX market and has developed a unique trading system that operates across a variety of "currency frequencies". The system also uses a very different style of money management and lot sizing. In2ition is normally in the trading room each day, if you have questions on his strategy and trading experience please feel free to drop in and discuss with him.

Erio's Earner  + 38.8% 
Erio's Eaner is going from strength to strength. August was it's most profitable month on record and it has now achieve over 20% return on equity every month since it's introduction. Erio is constantly working on the EA to ensure it's performance is optimized and drawdowns are minimal. Look out for his new EA titled Erio's Precious Earner in the coming months. This new EA uses a similar strategy, however it has been adapted to profit by trading Gold.

Pound Dollar Profits + 1.9%
August was an absolute rollercoaster for my trading signals. After achieving over 30% gains mid month I returned the bulk of the profits to the market as volatility dried up and profit targets became unattainable. I am expecting favourable trading conditions to return now that the banks are back from Summer holidays and volume increases.

In2ition Trading - 19.1%
In2ition Trading had a minor disaster during the month as they added additional pairs to their strategy that resulted in a correlated drawdown. I've been told this was the largest drawdown in their history and it will not be replicated. The additional pairs have been removed for the time being a they recover the losses, historically they return between 5% and 10% per month with minimal drawdown.


Commercial EA's and Signal Providers

Jon Pearce has been recruited as our Expert Advisor Analyst from next month. His focus is to source and test all the latest commercial EA's in an attempt to source the junk from the genuinely profitable products. Jon has vast experience trading with and testing forex expert advisors he will be providing you with his opinions through the review section of the site and through this monthly performance report moving forward.

My updates on our current portfolio of EA's is as follows:

Forex Growth Bot + 13.1%
This was my first ever EA and I've now been running it for a full year! Over that year it has returned 71.4% on account equity, albiet in a very choppy fashion. My account balance has returned to break even around 6 times over the year.

Pipjet + 1.1%
I almost forgot I was running this test because there had been so little activity on the account. However it was still a winner with almost no drawdown.

HaruEA - 6.7%
There isn't much to report on this EA. It was active with 38 trades during the month, but the net result was basically treading water. Total return is now at 76.5% return on equity.

Honest Forex Signals -10.9%
I'm close to abandoning this test because I'm still $3,500 underwater since the drawdown in May. I may still continue to run it on a small account for members to view, but I don't really believe that there is a real trader behind these trades and I don't really trust their methodology. I believe there are better systems to put my money into.

Volatility Factor - 28%
After 2 months of stellar returns this EA has slapped me in the face just as I increased my account balance from $1k to $3k. My only thought is that it has struggled with the lack of volatility in the market, hopefully August will be a better month for it.

FX Phantom -74.2%
All I can say is - I'm glad I reduced my account balance down from $7k before this happened! I'm going to be abandoning this test from next month, but it's still techincally trading, so I left it in  it in this section. The system picks up heaps of pips, but when it goes wrong, then it goes very wrong!

Forex Replicator - Abandoned
This system requires too much manual intervention from me, it works as an indicator much better than an EA. All trades need to be manually placed, so you need to be sitting in front of the chart when the alert comes through. I've put it in the "too hard basket"



Other Updates at LiveForexTrading.info!
  1. We are testing a number of "Trial Team Traders" inside the trading room. Drop in to see how they're performaing.
     
  2. We are updating our trade copier software to provide our subsribers the most relialble and accessible trade copier available.
     
  3. The trading room is undergoing a makeover! We are redesigning the layout as well as replacing the trade feed that will stop the open trade table from freezing.

See you in the trading room!

LiveForexTrading.info

Nick McDonald
Team Trader

July Performance Wrap-Up

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Live Forex Trading
July Performance Wrap-Up
 Results On Our Systems and Tested EA's


It's important to be open and transparent when tracking  the performance of our systems and forward tested EA's. This monthly wrap up gives the equity gain, and a brief commentary on the performance during the month. If you would like to discuss any of these systems in more detail please drop into the forex trading room. With the recent influx of members we always have people inside discussing the market and the best way to profit from the forex market.


LiveForexTrading.info Signals 

(we are now offering 20% discounts for 6 month subscriptions to our signals)


Pound Dollar Profits + 28.4%

July has been the best month on record, and 4th conse cutive winning month. The past 10 days of ranging movement has eaten into some of the large profits of earlier in the month, however I'm still very happy with a  28.4% return for the month.


Erio's Earner  + 30.1% (current 11% active drawdown)

Erio's Earner has been a very active trader over the month opening 224 trades with 69% winners. It has now achieved over 1000 net pips since it was launched!


Commercial EA's and Signal Providers


Volatility Factor +28.3%

This is my favourite commercial EA and has topped the charts as the best performing commercial EA for 2 months in a row. I've put another $2k into my live account on the back of recent performances. It's also been very accurate at predicting direction with an 81% win rate.


Forex Growth Bot + 23.7%

Forex Growth Bot recovered from the 21% loss of June to finish strongly. It only had a 47% win rate, but when it did pick a winner it hit it out of the park.< br />

HaruEA + 18.2%

HaruEA continues to impress and is now at the water mark high after collecting heavily on the long move last week during Mario Draghi's speech last week.


Iin2ition Trading Group + 8.2% (return over 2 week period)

These guys appear to be the real deal, They are genuine professional traders who use a unique money management strategy. Their goal is to deliver consistent monthly returns, it's only earlier but so far the indication is that they may be able to achieve this. Time will tell, keep an eye on the live account statement. In2ition Trading are often inside the trading room if you would like to ask them any questions directly.


Honest Forex Signals +3.9%

It is slowly battling it's way back from the heavy drawdown in May. The good news is that it's starting to build some consistency.


FX Phantom + 5.1% (current open drawdown of 24%)

I had a chat to the developer (William Morrison) during the month. In response I have decided to scale back my account considerably while increasing the risk. I've reduced my initial deposit of $7k down to $2k and increased the risk 3 fold.


Pipjet + 0.4%

As you would have seen from my email during the month, this has hardly traded and certainly isn't anything to get excited about. During the past 25 days it's traded 9 times with 5 winners. I'm likely going to abandon this and give my license away. There are better places to put my money.


Forex Replicator - 1.5%

This is a semi manual system, and to be truthful I don't give it the attention it deserves. I will likely abandon trading this as an EA next month and use it exclusively as an indicator. It is too labour intensive to trade and fairly inconsistent. 


Million Dollar Pips - Abandoned

I am officially abandoning Million Dollar Pips... This was game changing EA for me in 2011 as it taught me I that massive profits in a short space of ti me are achievable, but an EA like this it is a double edged sword. When I first loaded this EA I made $1,000 (20% on account equity) within 3 hours of going live. The first 2 weeks were truly amazing as it doubled my account, however I ended up giving back all my profit and part of my capital as I hung on for the market to change. Million Dollar Pips has gone from Hero to Zero for me and I won't be trading it any longer.



August promises to be the most anticipated since the launch of LiveForexTrading.info!


    Erio is launching Erio's Precious Earner! He has adapted his successful trading strategy to the XAU/USD and soon will be making the additional pair available via the trade copier. Erio has also confirmed that he is working on adding silver to this product.

    

    We are launching Bushman's Bullion! Bushman is a specialist of trading Gold (XAU/USD). He has managed to double the siz e of his account during the month of July while we have been observing him trade inside the trading room. 

    

    We are working with a hedge fund trader that specialises in trading news events. He has generated 10% monthly returns consistently over the past 5 years and will likely be added to our list of signal providers towards the end of the month.




See you in the trading room!


LiveForexTrading.info


Nick McDonald

Team Trader

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