Recent content by AndrewFXS

The system burned the account because I cared too much about FIFO and no hedge. Now I say clearly on the main page, that a high risk account requires hedging and doesn't follow the FIFO rule either, so some brokers just won't work. But anyway, now high risk is called high risk for a reason, so...

The old account burned, the new is almost 500% up again. There is new risk management now with 2 accounts, high risk and low risk. I recommend having 70-80% in low risk(max DD 1-2%) and the rest in high risk. And then moving the profits from high risk to low risk. Here is the latest high risk...

WEEK 41 ------- October 8 - Closed Sell GBPUSD 1.61161 for +42.0 pips October 8 - Closed Sell EURUSD 1.2987 for +42.0 pips October 10 - Closed Buy GBPJPY 125.038 for +45.4 pips October 11 - Closed Buy GBPJPY 125.6780 for +29.1 pips October 11 - Closed Sell GBPUSD 1.60487 for +24.7 pips October...

WEEK 40 ------- October 4 - Closed Buy EURUSD 1.29324 for +26.0 pips October 4 - Closed Buy GBPUSD 1.61448 for +38.2 pips TOTAL PROFIT/LOSS = +64 pips

The Forex Sigma is not based solely on fibonnaci, its just a part of it. But to answer your question as why. Because they tend to work. Maybe simply so many people use them. Of course, when a big bank decide they need money, they can make any strategy and well known system look like a joke and...

Most of my customers use MT4i to track the results, so I just did the same. I still prefer MyFXBook, to be honest and thats where I set up my live account at. About live, I took over the company in august, in september I was working hard to adjust the settings, so its profitable again, as it...

As promised, here are the latest trades for the Expert Advisor Forex Sigma. WEEK 38 ------- September 18 - Closed Sell EURUSD 1.30915 for +50.0 pips September 19 - Closed Sell GBPUSD 1.62259 for +30.0 pips September 19 - Closed Sell GBPUSD 1.62211 for +30.0 pips September 19 - Closed Sell...

Hi guys, I'm the new owner of and I will be posting trades for the most popular pairs it works with, EURUSD, GBPUSD and GBPJPY. This trading strategy is based on fibonnaci, and tries to find mispricing in extremes, where the price will mean-revert to a normal trading price. Focus is on dollar...