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LATEST NEWS:
PointBreak EA Latest
Release: Build 810.
Build 811 (will be
released in Oct 23, 2008).
Oct 21,2008:
With ECB release news about cut rate, EUR/USD continue to downtrend. PB5
successfully close its 150 pips gaps.
Our Trial account#
1745192 (Very Conservative Setting) is
36,551.45
now.
The account start
at $25,000 at Dec 04 2007.
Profit using Very
Conservative Setting :
US$ 11,551.45
(+46.20%) now.
When you use Moderate
Setting, the profit should be around
US$ +23,102.90
(+92.40%)
now.
You can login to
our account to check:
Account#:
1745192.
Password:
lucky7
Platform:
InterbankFX Demo Account
Note:
If you can't find
Interbank Demo Account on your server, you can input:
Ibfx-mt4-demo.interbankfx.com:443
For this forward test, we use the following seting:
- Risk=1 (VERY
CONSERVATIVE).
- C1, C2 = ACTIVE.
- M1 = ACTIVE with
M1_Lot_Multiply = 0.5.
The account started at $25,000 on Dec 04, 2007 (see
below when we started last year),
but InterbankFX regularly delete old history to save
space on their server.
Sep 29,2008:
With US economic condition lately, the market become very volatile which
is very good for PointBreak 5..... :)
Our Trial account#
1745192 (Very Conservative Setting) is
34,566.18
now.
The account start
at $25,000 at Dec 04 2007.
Profit using Very
Conservative Setting :
US$ 9,566.18
now.
When you use Moderate
Setting, the profit should be around
US$ +19,132.36
now.
For latest trading
history up to Sep 29, 2008:
click here
Sep 5,2008:
EUR has continued lower to 1.4200.
Our PointBreak 5 still making consistent profit.
The continued weakness indicates that the EURUSD remains in a 5th
downtrend wave from 1.4908.
Our Trial account#
1745192 (Very Conservative Setting) is
33,164.86
now.
The account start
at $25,000 at Dec 04 2007.
Profit using Very
Conservative Setting :
US$ 8,164.86
now.
When you use Moderate
Setting, the profit should be around
US$ +16,328
now.
For latest trading
history up to Sep 5, 2008:
click here
Aug 9, 2008:
With EUR drop to 1.5000, all positions
including M-cycle finally close with profit! ...:)
Our Trial account#
1745192 (Very Conservative Setting) is
32,223.30
now.
For latest trading
history up to Aug 9, 2008:
click here
June 3, 2008:
With EUR drop to 1.5450, our M-Cycle
close with profit!
Our Trial account#
1745192 (Very Conservative Setting) is
31,911.11
now.
For June 08 trading
history:
click here
May 7, 2008:
The EUR/USD in reversal trend from uptrend
to downtrend, let's see if this really happen.
Our Trial account#
1745192 (Very Conservative Setting) is
31,498.72
now.
The account start
at $25,000 at Dec 04 2007.
For latest trading
history:
click here
Mar 29, 2008:
The EUR market in trading range, but
PointBreak EA continue to make profit!
It's
54,609.76
on our Very Aggressive Account (+173.04%): , start at $20,000 at Oct
01 2007, click here.
And
30,873.43
on our Trial account (Very Conservative Setting), start
at $25,000 at Dec 04 2007.
Mar 14, 2008:
More volatility is expected in the foreign
currency market, following the euro's sharp rise against the dollar. The
ECB (European Central Bank) recently indicated that they won't match the
Federal Reserve's interest rate cuts in the immediate future,
ever-widening the interest rate differential between the euro and the
U.S. dollar.
It's
47,187.67
on our Very Aggressive Account, start at $20,000 at Oct
01 2007, click here.
And
29,854.66
on our Trial account (Very Conservative Setting), start
at $25,000 at Dec 04 2007 (below).
Feb 27, 2008
With EUR breaking the resistance around
1.5000 this week, because of Oil Price and US consumer confidence
report, all
our positions was closed with profits!
It's
28.120 on
our Trial account (Very Conservative Setting) &
$31.250
(Moderate Setting).
Jan 1-23, 2008:
I still track the
performance, but I have been busy with other schedule. I
will add more information later.
MY TRADING REPORT
2007:
TRIAL START on Dec 04, 2007 with $25,000
deposit:
DAY 1 (Dec 04, 2007 - Start Equity:$25,000)
DAY 2 (Dec 05, 2007)
DAY 3 (Dec 04, 2007)
DAY 4 (Dec 07, 2007)
DAY
5
(Dec 10, 2007)
DAY
6-7 (Dec 11-12, 2007)
DAY
8-12 (Dec 17-21, 2007)
DAY
13-18
(Dec 24-30, 2007 - End Equity:$25,566)
2008:
Jan
1-23, 2007: =>
End Equity: $26,076
(Very Conservative Setting).
Feb 27, 2007: =>
End Equity: $28,120
=> Finally break 1.5000 resistance!
Mar 14, 2007: =>
End Equity: $29,854
and
continue making profit.
Mar 29, 2007: =>
End Equity: $30,873.43.
Eur/Usd in choppy market.
May 7, 2007: =>
End Equity: $31,498.72.
Eur/Usd in reversal trend from uptrend to downtrend.
Jun
3, 2007: =>
End Equity:
$31,911.11.
EUR/USDdrop to 1.5450.
Aug
9, 2007: =>
End Equity: $32,33.40. EUR
drop to 1.5000, all positions including M1 close with profit!
Sep 5, 2007: =>
End Equity:
$33,164.86.
EUR back to trending market. Great!
Sep 29, 2007: =>
End Equity:
$34,566.18.
EUR continue the downtrend.
Oct 21, 2007: =>
End Equity:
$36,551.45
now!
TRADING REPORT AND EXPLANATION
Check your TRIAL version (at your MT4 window). The
latest release date is: Feb 08, 2008.
If you are running older version, please download the new version
here.
To help you understand how PointBreak
Expert Advisor works, we made this special section.
On daily basis, we will explain EUR/USD
market condition and how the Expert Advisor react.
If have some questions you can't find in
our FAQ, you can post it in our forum.
For those who participate our Expert
Advisor trial, we trade for the demo account with the following
specifications:
-
Broker Platform:
InterbankFX
(You can download their MT4
platform at
http://www.interbankfx.com)
-
Account Type:
STANDARD ACCOUNT Deposit: $25.000, or
MINI ACCOUNT
Deposit: $10.000
-
Currency: EURUSD
-
Period: M30
-
Risk Setting: 1
(Very Conservative)
Please follow the same setting above.
Once the demo
begins and the accounts are running, just let them go.
This will put us all on the same
page, and we'll be able to compare near apples to apples.
There will be some difference because not
everybody start PointBreak Expert Advisor with the same time,
but with following this trading report you will gain more understanding
about our trading system.
REMEMBER: This is long term trading
system not day trading system, the EA will eventually build
capital on your account day by day, week by week and month by month; you
just need to be patient, and following these pages as I try to
explain more and more.
DAY 1: Dec 04, 2007
Daily analysis:
EUR Weekly Trend: BULLISH
EUR Daily Trend:
FLAT
Favor Strategy:
BEARISH (We expect a significant bottom to form next week).
Trading Note:
On first day PointBreak Expert Advisor start first Cycle with
Starting Point (SP) at 1.4685.
EUR market has small downtrend movement today and the
Expert Advisor can close with simple pyramiding
strategy,
resulting $30 in profit.
Trading Note:
PointBreak start second Cycle with Starting Point (SP) at
1.4740.
The EUR market show its real trend for today and our Expert Advisor can
close with another simple pyramiding strategy,
resulting another $30 in
profit ~ $60 total closed profit today.
DAY 2: Dec 05, 2007
Daily analysis:
Euro Remains In Correction, we expect a
significant bottom to form next week.
EUR Weekly Trend: BULLISH
EUR Daily Trend:
FLAT
Favor Strategy:
BEARISH.
Trading Note:
PointBreak Expert Advisor start Cycle with Starting Point (SP) at
1.4740.
Our analysis yesterday that EUR will have correction was correct, and
the Expert Advisor can
close with another simple pyramiding strategy,
resulting another $30 in
profit ~ $30 total closed profit today; and open another Cycle at
1.4653.
Trading Note:
Another simple pyramiding strategy,
resulting another $30 in
profit ~ $60 total closed profit today; and open another Cycle at
1.4570.
DAY 3: Dec 06, 2007
Daily analysis:
EUR Weekly Trend: BULLISH
EUR Daily Trend:
FLAT
Favor Strategy:
EXIT BEARISH (You can do this with Advanced setting in our EA;
by manipulate SP/MSP
function and start adding more LONG position).
Note: The demo version do
not have the MSP function; its only dummy to give some
look and feel.
PointBreak EA add another closed profit today, and open
another Cycle at 1.4565.
The account balance
right now: $25,254 with floating point: -$168.24.
It's an active trading week for EUR, and we are expected
to get even more interesting with
tomorrow¨s November non-farm payrolls report;
the
arguments are skewed heavily in favor of weak job growth.
Despite above PointBreak Expert Advisor are still favorable at short
Euros; PointBreak EA still detect Euro will be test Lower Levels.
DAY 4: Dec 07, 2007
Daily analysis:
EUR Weekly Trend: BULLISH
EUR Daily Trend:
FLAT
Favor Strategy:
EXIT BEARISH (You can do this with Advanced setting in our EA;
by manipulate SP/MSP
function and start adding more LONG position).
Note: The demo version do
not have the MSP function; its only dummy to give some
look and feel.
Non-farm payrolls were a
disappointment today because the report was mixed and
it failed to trigger any
volatility in the currency market and
EUR closed at
1.4654; especially
with our EA
still favorable at short; as you see on EUR 4H chart
below (the trend has not break the channel).
News on Euro: More reason to
believe ECB could raise Interest Rates; but have to wait on
January.
DAY 5: Dec 10, 2007
Daily analysis:
EUR Weekly Trend: BULLISH
EUR Daily Trend:
FLAT
Favor Strategy:
FLAT (waiting FED interest decision).
As we wrote last week that
we should exit bearish positions was correct;
if you close some SELL
positions using MSP, and the EA will automatically add
more BUY positions
you should close some
profit now.
(unless you run the demo
account which do not have manual MSP function).
EUR did break the channel
on H4; toward 1.4800 before larger correction continue.
My demo position right now
show B:S=21:14
(more buy than sell; it
means the EA need EUR going UP adding more buy to close
its position)
Traders across the markets
are holding their breath for the last Federal Reserve
interest decision of the year.
DAY 6-7: Dec 11-12,
2007
Daily analysis:
EUR Weekly Trend: BULLISH
EUR Daily Trend:
FLAT
Favor Strategy:
BEARISH NOW .
There is not much to do
with EUR for the past 2 days; I'm waiting EUR drop below
1.4525.
Dollar loses big on
Carry Trade Surge, Fed¨s Bernanke Sinks Buck Further.
For those who wonder when
PointBreak EA close the position ? Although some of you
saw that PointBreak EA has opened 40 positions. Please
take a look at picture I put in this
link (closing
technique).
For the past 3 years on
choppy market PointBreak EA needed up to 150 positions
before it can close the cycle with profit, that's why
it's really important to reserve your margin and not
overtrading.
DAY 8-11: Dec 17-20,
2007
Daily analysis:
EUR Weekly Trend: BULLISH
EUR Daily Trend:
FLAT
Favor Strategy:
BEARISH (SHORT TERM ONLY).
Another good week for
PointBreak EA, as you see below our demo account has
closed all positions with profitable.
The equity now end with
$25,409.34
Its $409.34 profits now!
and its only VERY CONSERVATIVE SETTING. For Moderate
setting you will get more than $810 in profits!
DAY 13-18: Dec 24-30,
2007
There is not much to do
this week, with Christmas holiday, the market seems very
quite, except Dec 26, 2007.
Put us in another winner.
The equity is 25.566.11
now!
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EXPERT
TESTIMONIAL:
"I had the honor of meeting Mr. Gagahlin
when he was visiting
Singapore. Being an Independent Expert
Advisor Reviewer, I naturally will have
reservations before saying anything
positive about anything or anyone.
However, this man has impressed me with
his humility, knowledge, expertise and
professionalism from the minute we met.
I believe he brings hope to the Forex
community. If I could, I would
definitely want to test every Expert
Advisor that this man produces"-ck-ckowyong.com
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TECHNIQUES
