Thursday, May 28, 2009

Summer is here!


Summer in the Yukon is definitely the best time of the year. The snow is finally gone and the sun is finally here. Bring on the summer events! Here is a snapshot of my Dad, Daughter and I getting ready for a lazy afternoon in the canoe. We endure the winter to get to the summer. This is Kusawa Lake, about a 45 minute drive from Whitehorse, Yukon.

Now for some Trading News. There have been a few changes to the current EAs being tested. The Neuro-Martingale on the USD/JPY is doing quite well. May has been a great month for this trading system. I'll be posting the month end numbers in a few days. The Neuro-Martingale on the EUR/USD has seen some good action this month as well. Again, the month end numbers will be ready in a few days.

I have deleted the demo account trading the VForce and Neuro-Martingale as it fell below 50% draw dawn. As for the lone VForce trading system, it is currently below the starting balance.

I had high hopes for the TSD EA from TSD Forex Forum. It was off to a great start skyrocketing almost 20% in the first few weeks. But the current account level is down almost 40% from starting balance. Quite disappointing.

I picked up another interesting EA to add to the testing. It’s from
www.expertadvisorforex.com. The Your Lucky 2b EA is a free Automated Trading System available through the link at their website. No strings attached. This one too was off to a great start but has since fallen into the negative ROI zone.

On a better note, I took a plunge and paid for an EA. This doesn’t happen very often and even goes against my logical thought process. But I gave into a few hours of Internet research and back testing. At the end of it all, I put down my $97 and purchased the Megadroid EA. It's been on a demo account since the 12th of May so let’s see how it does.

I have so much confidence in the Megadroid EA (
www.forex-megadroid.com) and Neuro-Martingale EA that I opened a live mini account of $200 at Interbank FX. Both of these trading systems are trading on the account at a reduced risk/equity ratio. Time will tell how well this combination does. So far the Megadroid EA seems to be very selective. Only managing 2-4 trades a week.

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