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February 2012
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Archive for the 1minutedaily Category

1minute daily update

Been pretty grim stuff from my 1minute daily EA over the past 4 weeks. From a high of £17,000 my balance has shrunk to $6,800. What hasnt helped is the fact that the EA has continued to duplicate trades and with the majority of them being losers over the past few weeks that meant the balance has reduced in double quick time.

Checked in with the vendors of the system and they have confirmed that its probably an issue with the broker (i use Alpari) so i’m going to move it and see if we can start a recovery.

For more info on 1minutedaily please click here

Click here for my account statement.

1minute daily account reaches $17,500

Things turn around pretty quickly with this system - during the week the account was down to around $14,500 but a good couple of days has seen it jump to £17,615.27.

There are still some issues that i’m experiencing with the EA opening duplicate trades but i’ve emailed the vendors and hopefully i’ll be able to update that in the next couple of days.

Still not live with it but i’ve sorted out the issues with the WDFX EA ‘trade copier’ so i’m  now going to get the 1min EA uploaded to Gallant FX & let it run on a VPS with a small balance intially.

For more info on 1minutedaily please click here

Click here for my account statement.

1minutedaily account reaches $15,000

My 1minutedaily demo account went through $15,000 for the first time today - trebled the account balance since 1st April. Full details on the link below. Seems to be working very smoothly on its own and making regulr profits - perfect really.

For more info on 1minutedaily please click here

Click here for my account statement.

Nice run for 1minute daily.

Left the 1minutedaily EA running while I was away and it seems to have worked without any issues. The balance is standing at £12,051.56 but the total equity is now £13,202.06 with open trades £1,150.50 in credit. More info here.

Full details of the trades here 

Update on 1mindaily

Its been a really good few days for the 1mindaily EA with the demo balance now standing @ £12,425.42. You can see the trades here;

http://www.iddesignlab.co.uk/1mindailystatement.html

There are some trades on there which may not match yours but they were on a 12-2 consolidation period which i was trialling but which didnt go too well.

I hesitated again in placing it on a live account as it has had some wobbles along the way but i think its pretty safe to say that long term this looks like it will be profitable not withstanding a few drawdowns along the way.  Will be putting a small balance into Gallant to run it on a VPS in the next few days.

For more info please click here

Winner for for gbp/usd with 1minutedaily

The opposite trade for came in on the gbp/usd to give a 70 pip gain. Todays trade just went within 3 pips of the target & i would normally close it rather than hang on for 3 pips but in the interest of recording the EA results accurately its still running.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May +688
June -165

Total +1095

USD/JPY

April +307 pips (please see previous posts for details)
May +73
June +114

Total +494

Losing trade on 1minute Daily for gbp/usd

Losing trade today on the gbp/usd for 75 pips - the opposite sell trade has just triggered. usd/jpy currently in a trade

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May +688
June -165

Total +1025

USD/JPY

April +307 pips (please see previous posts for details)
May +73
June +114

Total +494

1minute daily update

Have been playing around with the settings for the EA but have decided to stick with what the vendors of the system use for their back-testing which are listed here;
http://www.1minutedaily.com/usdjpy23.htm

Since the last update theres been a loss of 90 pips overall for the gbp/usd and a gain of 114 on the usd/jpy.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May +688
June -90

Total +1100

USD/JPY

April +307 pips (please see previous posts for details)
May +73
June +114

Total +494

Update on 1mindaily

V.good week on the gbp/usd for 1mindaily and a mixed one for the usd/jpy last week. Week before was a great week which was managed by the EA on the demo account. Just making sure I’ve got the settings 100% as per the vendors optimum before going on a live account with it.

The good thing about it is i’ve come across a broker who will provide a free VPS (virtual private server) if you fund an account with them (min $500). This means that you can upload the EA and they will host it for you without you having to worry about your own internet connections etc.

The broker is also an ECN broker which means they’re not working against you.

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May +688

Total +1190

USD/JPY

April +307 pips (please see previous posts for details)
May +73

Total +380

Update on 1minutedaily

There was a double loss for the gbp/usd on the 21st for -260 pips followed by winners of 123 & 109 pips respectively leaving the total 38 pips down since the last update but still leaving the gbp/usd 84 pips up for May.

The usd/jpy suffered 2 double losses totalling 245 pips followed by a winner for 50 pips to leave it still 171 pips up for May and 478 pips up overall.

Between the 2 currencies we’ve made 964 pips since we started in the 2nd week of April

For more info please click here

GBP/USD

April +402 (please see previous posts for details)
May +84

Total +486

USD/JPY

April +307 pips (please see previous posts for details)
May +171

Total +478