LATEST NEWS:

PointBreak EA Latest Release: Build 807 (release on July, 2008).
　

Forex Hope Support Forum is ready.

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.

The account start at $25,000 at Dec 04 2007.

Profit using Very Conservative Setting : US$ 7,223.30 now.

When you use Moderate Setting, the profit should be around US$ +14,446

For latest trading history: click here

You can login to our account to check:

Account#: 1745192.

Password: lucky7

Platform: InterbankFX Demo Account

Note:
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.

June 3, 2008:

With EUR drop to 1.5450, our M-Cycle close with profit!

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 Breaking News!

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 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:

1. Broker Platform: InterbankFX
   (You can download their MT4 platform at http://www.interbankfx.com) 

2. Account Type: STANDARD ACCOUNT Deposit: $25.000, or
                             MINI ACCOUNT            Deposit: $10.000

3. Currency: EURUSD

4. Period: M30

5. 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!