I want to say thank you for a wonderful job that you did. You are an incredible trader. You really give me hope and inspire me to become a great trader.
Sincerely,
Truong (Andy) N
To increase my real account in cash 22.8% in 8 trading days is rather cool with 162 pips.
Have a great weekend and I will be in Texas next week to see all the techie stuff works. Thanks for including me and here is my updated report. Ken
As one of the beta testers, I was involved in the test from April 28th to June 6th. I utilised a dummy account for the entire test, resulting in a cumulative gain of $16,358, or 40.9% over that time frame. As I traded the calls by EAS, I had 29 winners (largest $5,713), 13 losers (largest -$2,266), and 24 resulting in no trade, or stopped out at break even. In most cases, I took the most conservative course possible. If I had held out for the gains EAS had suggested as possible in some of his emails/ text messages, the net result would have been quite a bit larger, I believe.
By the end of the second week, I was using Nick's EAS calls in my live account as well, again on a very conservative basis overall, with positive results there as well. As I was also trading my own trades as well as EAS , I cannot give an accurate percentage on EAS trades live. (In my live account, I passed up some trades recommended ,overall to my chagrin, thinking "that can't be right, it is too soon". I learned better over time. Some of my opinions turned out to be correct, but a higher percentage of EAS was right than I was on those passed trades. In the dummy account, I took them all for better results.)
EAS provides inter and intraday trades, based upon a number of factors, some of which are high probability reactions off the S3/R3 & S4/R4 for usually a small trade, and high probability trades off the S5/R5 or S6/R6 for reactions, and possible reversals. He also factors in historic highs and lows, needed room to the next reaction point for the "big boys" to operate, historic support/resistance, and overshoot/undershoot by the "big boys" to a target (hence multiple entries on some calls), as well as bear and bull flags. In the higher time frames, he utilises noted chart patterns with high probability results to call some of his trades. He concentrates upon the most highly predictable currency pairs, at least to date in the beta test, as well as other techniques I personally cannot figure out. EAS trade calls, or lack thereof, have also made me go back and reexamine some of my own trading decisions, something I personally need.
The nicest factor is this gives entry points that are far enough ahead of most of the market that you can get ahead on a trade, move to breakeven, and wait for the main market to decide this is a move they want to make, without sweating fundamental announcements as much as usual. (If the worst happens, you went into the FA far enough ahead, you get stopped out at breakeven or for a small loss. If it breaks your way, you may already be in the market for a very nice gain in a very small time frame.) This allows some very nice pip gains per contract, especially for multi-day trades.
By closely studying EAS calls,and noting what factors EAS deems most relevant, and what factors they are ignoring for a particular currency pair, I feel I have become a better trader personally.
It also allows you to concentrate upon whatever pair(s) you are personally trading, knowing a good trader is studying other pairs as well for entry points you probably would have missed by not watching that currency pair. Just one trade in a currency pair you are not watching per month should result in an overall net gain for you, even after factoring in the cost of EAS per month. Hopefully, you will pick up many more than one extra trade per month. I did during the beta test phase.
I highly recommend EAS to any Trader, no matter the level of your trading ability.
Robert A. (Bob) B. Professional Trader
My $.02 regarding the value of EEAS. Although more could be said - much more - here's one example (real money - not demo) of the benefit I have experienced in the short time this service has been offered. While I am an experienced forex trader I inadvertantly made a mistake 8/12/08 and took a position 10 times the size I should have and found myself over $70,000 on the wrong side of a eur/jpy trade. However, with encouraging supporting confirmation from {EAS} I held rather than bail. The result was a nearly $100,000 USD turnaround as the trade eventually (within hours) yielded a net profit exceeding $28,000. I'd say that advice more than pays for the monthly admission price and would encourage anyone considering this service to act immediately while it is still being offered at the ridiculously low price that is being charged right now.
Bob M.
What a week with EAS! It's like having a professional trader standing over your shoulder suggesting great entry and exit points! I hate to say it, but they do all the work and we reap all the rewards! I captured 315 pips, it would have been even more had I kept track of my cellphone better and not missed a few text messages. I am thrilled with the service and eagerly look forward to Mondays to start the week!! Keep it up ProAct!
Trudy P. Charleston, SC
Trading Forex involves substantial risk, is not for every trader and only risk capital should be used.
