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Author Topic: Fluent Forex  (Read 6600 times)

Offline adele

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Re: Fluent Forex
« Reply #30 on: February 10, 2013, 08:59:21 AM »
The timing for when their myfxbook wasn't run just happened to coincide with some significant losses. Too suspicious for me (aside from the fact that another SP I am using---which also trades AUDNZD---is doing better than them).

Offline Ellen

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Re: Fluent Forex
« Reply #31 on: February 10, 2013, 05:52:55 PM »
It's not possible to judge an EA looking at only few days.
If you think it's suspicious they have stopped myfxbook, how could they know that fluentforex would lose? Would it made more sense stopping in the days before when the losses were greater?



« Last Edit: February 11, 2013, 07:31:20 PM by Ellen »

Offline adeptus

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Re: Fluent Forex
« Reply #32 on: February 12, 2013, 03:11:44 AM »
Ellen, are you associated with FluentForex? All of your (few) posts are in defense of FluentForex.

It's not possible to judge an EA looking at only few days.

If the "few days" lead to drawdowns which exceed every dradown that has happened in the two year period in which the system has been running, it IS possible to judge a system by "a few days".

If you think it's suspicious they have stopped myfxbook, how could they know that fluentforex would lose?

FluentForex wouldn't be the first vendor to stop their myfxbook updates when a trade is going wrong. So it's not necessary to "know" a trade will lose, it's enough to see it going downhill.

Moreover, its quite fishy that the vendor still hasn't verified his myfxbook, even though he has been asked
Here's their reply to my request for them to verify the myfxbook statement:

Unfortunately, we cannot verify our myfxbook, because we have other EA into our account, so we have to filter the data before send them to myfxbook.
Either a pretty lame excuse or quite an unprofessional vendor...

Moreover, I second Adele and on the trades: I've had losers they haven't had, and the profits of the winners were significantly smaller (which has a large impact on the profitability of the strategy given the low TPs).

I'm disappointed and have stopped using them.


Offline Ellen

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Re: Fluent Forex
« Reply #33 on: February 12, 2013, 02:25:06 PM »
Why would they have to continue to send signals if they know that fluentforex goes to downhill? I don't understand.
Their drawdown hasn't exceeded the drawdown of the last 2 years.
« Last Edit: February 12, 2013, 02:29:22 PM by Ellen »

Offline adeptus

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Re: Fluent Forex
« Reply #34 on: February 12, 2013, 03:04:08 PM »
Why would they have to continue to send signals if they know that fluentforex goes to downhill? I don't understand.
Their drawdown hasn't exceeded the drawdown of the last 2 years.

I wasn't talking about discontinuing the whole system but just about hiding individual SLs by temporarily switching off myfxbook. Since they haven't verified their myfxbook stats, it's not too hard to do this.

As regards their drawdown exceeding every drawdown in the years before, just consult their myfxbook and feel free to disagree with yourself  ;)

And Ellen - you still haven't answered the question whether you're associated with FluentForex. For good reason, probably...

Offline Ellen

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Re: Fluent Forex
« Reply #35 on: February 12, 2013, 04:20:58 PM »
I don't know how they could hide the data, but probably it is possible to do it.
I don't think they are in bad faith in fact they said there is a loss they haven't denied.
I'm not associated with them, simply I've an opinion less aggressive.

Offline Ellen

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Re: Fluent Forex
« Reply #36 on: May 27, 2013, 05:26:48 PM »
Have you seen they have launched the affiliation service via clickbank?
« Last Edit: May 27, 2013, 05:28:34 PM by Ellen »

Offline newmember

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Re: Fluent Forex
« Reply #37 on: May 28, 2013, 04:37:48 AM »
Why would they have to continue to send signals if they know that fluentforex goes to downhill? I don't understand.
Their drawdown hasn't exceeded the drawdown of the last 2 years.
i agree on this
i found one good forex service . pm me to know. They made 1000 pips in under 45 days now . see one of his client account who joined under him from april 15 ( growth 58 % in 45 days ) before that person was under 2 traders and lossing and now gaining all lost pips with 99 % trades accuracy . 
UPDATE - this trader lost 3 trades today so dont join under him.
http://www.myfxbook.com/members/aforex

 

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