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Author Topic: fxsecretsignals  (Read 12415 times)

Offline adele

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fxsecretsignals
« on: July 20, 2011, 08:00:21 AM »
Anyone heard of this or currently trying this? It is a trade copier service from a full-time trader. Their website is http://fxsecretsignals.com. They have a trial fee of $9.95 for 7 days after which the monthly fee is $97/month. Pairs traded are: EURUSD, USDCHF, EURCHF and GBPJPY.

They are currently ranked #5 on bestforexrobots.net. Demo started on July 2 and total pips until now is 441 excluding 1 open order in floating profit. Based on the account statement, the maximum SL so far is around -36 pips. They did fairly well last July 13-14 when there was a spike and when many EA's and signal providers had significant losses.

I just sent them an email with some enquiries on maximum concurrent trades, maximum stop loss, copier technology and server location. Will post their answers here.

Offline fineguywhosnice

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Re: fxsecretsignals
« Reply #1 on: July 20, 2011, 08:19:23 AM »
I actually started it yesterday...I'm getting the same entries they are advertising...they seem to have tight stops so far and 3/3 winners. I'm quite impressed at this point!

Offline adele

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Re: fxsecretsignals
« Reply #2 on: July 20, 2011, 08:41:19 AM »
Glad to hear that! It's not easy to find an EA or signal provider who can still get a lot of pips while using tight stops. Let's hope this continues.

Will probably be signing up as soon as I get the answers to my questions.  :)

Offline Matuka1968

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Re: fxsecretsignals
« Reply #3 on: July 20, 2011, 08:48:52 AM »
Dear All,

I subscribed last week.
Take care with them. All trade are Wallstreet copy (more or less, some pips differents)!!! >:(
I cancelled my subscription.

Check it!

Regards,

Matuka1968

Offline jubal

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Re: fxsecretsignals
« Reply #4 on: July 20, 2011, 09:09:03 AM »
Dear All,

I subscribed last week.
Take care with them. All trade are Wallstreet copy (more or less, some pips differents)!!! >:(
I cancelled my subscription.

Check it!

Regards,

Matuka1968

Nothing secret about their signals then  ;)
If you can keep your head when all around you are losing theirs.... then you have probably underestimated the seriousness of the situation

Offline adele

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Re: fxsecretsignals
« Reply #5 on: July 20, 2011, 09:46:33 AM »
I took a look at the details and found that there are many times when the entry is done almost at the same time. However, the number of trades and exits can be different. There are also times when FSS opens a trade for a pair that is also used by WSFR but there is no trade opened by WSFR.

Following is a comparison of the pip count for WSFR and FSS from July 2 (FSS demo start date). Figures taken from bestforexrobots.net (both demos are running on FinFx).

                        WSFR              FSS

EURUSD               81.2           223.5
USDCHF               58.4           116.2
GBPUSD               -2.2             10.2
USDJPY                24.7             22.6
GBPJPY                                    57.3
USDCAD                                  29.2
                        -------          -------
                        162.10         459.00 (372.50 if only counting pairs traded by WSFR)

I guess the best way is to continue watching the FSS trades over a longer period. There may be some similarity to WSFR trades in which case the risk on the common pairs for one or both of them should be reduced if running together (as when running WSFR and Combo Strategy 1, and also WSFR and Windfall).

Offline Matuka1968

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Re: fxsecretsignals
« Reply #6 on: July 20, 2011, 09:51:45 AM »
If you set up the WSFR same currencies ( USDCAD etc . will same the results.)

Up to you.

Good luck.

Regards,

Matuka1968

Offline fineguywhosnice

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Re: fxsecretsignals
« Reply #7 on: July 20, 2011, 10:48:05 AM »
I have noticed some very similar entries but I will say this:

Since June 12th when he started the service he is up 383 pips.
Since June 12th Wall Street is up 73 pips.  That's a difference of over 300 pips!

Now granted, hes also trading GBP/JPY, but that only account for 43 extra pips. 

All I'm saying is I will gladly pay $100 a month for this kind of trade record!!   :-*

**These figures are compiled off of fxsecret on FPA and wallstreet on myfxbook
« Last Edit: July 20, 2011, 10:49:38 AM by fineguywhosnice »

Offline Planet Hemp

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Re: fxsecretsignals
« Reply #8 on: July 20, 2011, 01:44:02 PM »
How does it works? Is it an EA? A copy tool?
What better place than here? What better time than now?

Offline fineguywhosnice

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Re: fxsecretsignals
« Reply #9 on: July 20, 2011, 02:25:11 PM »
Hemp, this is a Trade Copier....Just place it on your MT4 platform and it runs for you. 

Offline Planet Hemp

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Re: fxsecretsignals
« Reply #10 on: July 20, 2011, 02:33:04 PM »
I just signed up for a 7 days trial.  :P
I'll keep you guys posted.
What better place than here? What better time than now?

Offline Planet Hemp

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Re: fxsecretsignals
« Reply #11 on: July 20, 2011, 03:21:28 PM »
I don't like demo testings so I decided to risk 500usd with this system.
I got a sell usdcad 1 sec before the activation. hehe
Let's see if the reposts on their website are realiable. If it is, I think I am in a good shape.
What better place than here? What better time than now?

Offline ZHU DAN WEN

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Re: fxsecretsignals
« Reply #12 on: July 20, 2011, 03:26:07 PM »
why do they not have 5year or 10 year backtest?it is EA,EA can have a backtest. :(

Offline adele

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Re: fxsecretsignals
« Reply #13 on: July 20, 2011, 03:32:27 PM »
it's a trade copier for signals from a full-time trader so probably cannot backtest?

we don't know if they incorporate wallstreet trades inside, but even if they do, it's not all from wallstreet (many trades are not found in wallstreet, and those which are can have different # of trades and exit points) and at the moment, they are doing much better than wallstreet.
« Last Edit: July 20, 2011, 03:35:47 PM by adele »

Offline ZHU DAN WEN

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Re: fxsecretsignals
« Reply #14 on: July 20, 2011, 04:25:05 PM »
I think the trader's lot is too big,I want to have lots half of the traders,but not fixed lots,what should I do ? :o

 

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