fx 53 trend following system
- Thread starter SIMONS1874
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i cant see our trades (where are they) and its advertised as the ca2 text service which was not operating when the posted trades were taken. i have mailed him but he usually tells me off if i make any criticism so we shall see. this is a bit rubbish as i had always thought kevin was straight even if he vcan be a little irritable.
have just refreshed and see them now. but what are the others doing there suddenly. anyway i think its a bit odd and think it would be nice to be kept informed a little. i have no prob with the system. i have done very well on cable while not so well on gbp/jpy but its strange that this has just been done today.
alan5616
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Kevin is straight but, sometimes, he can be a bit tetchy. We've had a lot of chop, recently, so, perhaps this may have irked him:|
Hi Bongo
If you go to Kevin's Video Update page there's a video called CA2 Entry - it lasts for 17 minutes, but it takes you through all those Jan-Feb trades that did so well - would that things were like it now!
alan5616
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I can't suggest a reason for that not happening. I do know that as well as getting loads of emails from us lot, he is, also, trying to find time to trade himself.
What I will say is that the support, from Kevin, throughout my time as a user, has been exceptional. Emails are answered very promptly and he is, usually, available for a discussion on the phone. In a previous post, I did say that I found him a bit impatient on occasions, but, in all honesty, the cause of that was mostly my failure to follow the system or by asking stupid questions.
Hi Bongofury,
I was wondering about how you used the system, are you trading all the currencies at the same time ? you seem to trade the GY, cable and now EURGBP - any advantage with this ?
i have six pairs up on screen. usd/yen, euro/usd, stg/yen, euro/stg, eur/jpy and cable. i wait for ca2's. i dont take them all. partly depends on other stuff i have on or a view on the currency. for example i missed most of the text trades that were shorts a week or so ago just because i liked stg and was long cable. i am not nearly as active as i should or would like to be due to time pressures. i have a small pub business (previously i was a bond trader in the 83 to 96 period). longer term i am downsizing my business as after 12 years i want more time off and less staff and then i can trade more full time.
as for advantages, it depends. i find it helps me as you are more aware of whats going on in the bigger picture. we have had several trades on the service that looked ok and then were undermined by other things. the stg/yen pair is not one i would have naturally gravitated too as spread is so wide but its kevins fav and his performance chart was fantastic last year so i got involved. the volatilty has kept it excinting but the cable trades have offset the losses i made on the service. i guess i could have got them both wrong but i didnt so it was ok.
to be honest i just think i would find it boring to look at one pair. by the way that trade got stopped out on ca4 for 120 pips profit. the thing about fx53 is that it doesnt do all the work for you but it really helps if you are time short and kevin showed last year that it can make great money
as for advantages, it depends. i find it helps me as you are more aware of whats going on in the bigger picture. we have had several trades on the service that looked ok and then were undermined by other things. the stg/yen pair is not one i would have naturally gravitated too as spread is so wide but its kevins fav and his performance chart was fantastic last year so i got involved. the volatilty has kept it excinting but the cable trades have offset the losses i made on the service. i guess i could have got them both wrong but i didnt so it was ok.
to be honest i just think i would find it boring to look at one pair. by the way that trade got stopped out on ca4 for 120 pips profit. the thing about fx53 is that it doesnt do all the work for you but it really helps if you are time short and kevin showed last year that it can make great money
hi guys. quick question. am i right that the 4RAP trade (eur/usd) didnt quite hit the limit. i got stopped on a different trade this afternoon on eur/gbp for 43 pips. i took a short using the ca2 at midday. the euro seems to have the horn this afternoon. not sure why. equities are pretty quiet.
havent taken 025 on the gbp/yen yet.
havent taken 025 on the gbp/yen yet.
026 has been excellent. have taken profit here 14822 and will look to buy back. this one trade has brought me back to break even for the whole service. i have not been taking all the trades but it shows how gangerous it can be as this is up over 400 pips
feel like i am talking to myself though. has everyone else given up. mr viking you asked a question and had a reply but no response ?
feel like i am talking to myself though. has everyone else given up. mr viking you asked a question and had a reply but no response ?
Nope, I'm still lurking around this forum. Yeah, either you stick with it, cause when you start picking your trades out of the system, things will go wrong sooner or later. imho
I pulled out of the trade too. I agree that things start to go wrong when you start picking your trades but given the recent bad run I decided to book in a healthy profit.
Roll on the next trade!!
