How To Get Umaki The Trader Builder ~ forex trading free

7:53 AM in automated, builder, easy, Forex, get, how, in, its, logical, nonexistence, of, profit, proof, the, to, trader, trading, umaki

If you have been reading my blog recently you might be aware about the development of a trading tool I have built to use the metatrader 4 strategy tester as a "live" trading platform that would let us speed up the process of manual or discretionary system evaluation to a great extent. The tool allows us to use the visual backtesting feature of the strategy tester to trade on "live evolving charts" as we would trade the real market. You can read more about this tool and what it does here. On todays post I want to talk about the meaning of the word Umaki and how you can get this useful tool to increase the speed in which you learn to trade manually and understand the forex trading market.

What does Umaki mean ? Contrary to my general expert advisors which use words in Quechua or Nahuatl as their names (all experts of the Watukushay project use them) this trade-learning tool uses a word in Zulu, the language of a very well known group of Southern African tribes, to describe the EA. Umaki means "builder" in Zulu, I named it this way because I consider Umaki to be a "trader builder" a tool which can be used to get to successful manual trading much quicker - yet with a LOT of additional effort - in currency trading.

Why Zulu ? You might be asking. The reason for this is because of the way in which Umaki will be shared with all of you. Since Umaki does NOT have anything to do with automated trading but just with manual and discretionary trading I decided not to make it available within Asirikuy but to use it as a way to do something better.
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This is when I remembered the "Treasures of Africa" foundation one of my favorite charities dedicated to the protection and shelter of children in Tanzania. This foundation is run by a group of very dedicated and selfless Christians who attempt to do the impossible day after day to bring some hope into the heart of Africa. I have to say that the job they do is absolutely amazing and I have always greatly enjoyed to help them in as much as I can with what they need. I have to say that I also think the name of this charity is absolutely incredible, I can assure you that after you see their pictures youll understand that diamonds are not the true treasures of Africa.

When I programmed Umaki it seemed like the perfect opportunity to help them and to do something to make the world better, even if it is only a grain of sand. If you want to get the Umaki EA to further develop your manual trading abilities please donate some amount of money (any amount you want) to the "Treasures of Africa" foundation. It would be absolutely great if you not only donated some money but also committed to the sponsoring of one of their children. Sponsoring a child is an absolutely wonderful endeavor and I can assure you that it is a true way in which you can make a difference to change some of the bad things happening around the world.

If you have made your donation or have started sponsoring a child please send me an email to ekans_(at)hotmail.com with a copy of your payment receipt and Ill be glad to send you the link to download the Umaki mql4 code along with a small set of instructions on how to use the EA. The download link and instructions will be sent to you within 24 hours after I receive your email. I believe that for people who want to become serious discretionary traders Umaki will be a very good tool and for everyone who sponsors a child rewards will go far beyond those of trading. Also remember that the donations you make to this charity are entirely tax deductible (at least under US law).
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If you however would like to learn more about educating yourself to be successful in automated trading please consider joining Asirikuy.com, a website filled with educational videos, trading systems, development and a sound, honest and transparent approach to trading systems. I hope you enjoyed this article ! :o)

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Nadex Trade Signal Recap Profit Loss for this week ~ forex trading opening hours

8:32 PM in for, Forex, high, loss, nadex, probability, profit, recap, rewards, risks, signal, this, trade, trading, vs, week

Here I will recap this weeks trades. Did we make any money or lose money? See below. Traders often ask me how much they can make. We have traders who trade all different amounts of size so at the bottom, I posted a list of the amount of money they made or lost if they traded X number of contracts.

Monday July 21, 2014
Bought Wall St 30 - $45 Profit

Tuesday July 22, 2014
Sold US TECH 100 - $25 Loss
Sold US TECH 100 - $0 Break even

Wednesday July 23, 2014
Sold US TECH 100 - $20 Loss
Sold US TECH 100 - $44 Profit
Sold Gold (weekly)  - Still open at the end of the day
Bought Silver  (weekly) - Still open at the end of the day

Thursday July 24, 2014
Closed Gold - $25 Profit

Friday, July 25, 2014
Closed Silver  - $75 Loss
Bought US TECH 100 - $44.50 Profit

Total profit/loss for the week:
Total - Profit of $38.50 if you traded one contract
Total - Profit of  $194.50 if you traded 5 contracts
Total - Profit of $389.50 if you traded 10 contracts
Total - Profit of $974.50 if you traded 25 contracts.

Some of the traders did not trade the gold and silver trades. If thats the case, then profits this week were $88.50 instead of $38.50.

Some traders told me they increased their contract size after a loss. I advise against that because it can become your death trap but if they did, they made more than whats posted. Remember though that there will come a day when you cant martingale your way to success. There will be strings of losers so that habit is ok if you limit it to one or two times but just keep yourself in check.

Lessons learned this week: One bad ITM trade can screw2/3 of the weeks profits. On a scale of 1-10, I rate this week as a 2.5. I was not happy with the results, even though we made a profit.

Highlight of the week: Our first trade of the week soared within a few minutes of buying it. Our Gold trade tanked once we sold it. These were 2 happy moments.

Note: This doesnt account for fees or commissions.

Happy Trading and see yall next week!
-Ryan
admin@joaquintrading.com

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What the H E Double Hockey Sticks happened today ~ forex trading orange county

2:54 AM in double, e, for, Forex, h, happened, hockey, loss, nadex, profit, recap, signal, sticks, the, this, today, trade, week, what

As you are well aware, we had a losing day today. Remember all that talk about probabilities? Here is why I took a long position.

The wall street 30 had not closed below 200 points since may 13, 2014. There have been 65 trading days since then. The day was a bear day but to drop below 200 points was beyond me. The statistical probability of it closing below 200 points today was really low so I stand by my trade, win or lose. I say this because in the long run probabilities work.

Now on a brighter note... Yesterday, many of you made a lot of money on that bull spread. One person raked in $700 yesterday and that is fantastic! Congrats! I have been getting a lot of feedback about wanting more bull spread trades so tomorrow, I will send one out. I may do it tonight at 6pm but highly doubt it. It will most likely be tomorrow morning around 8am eastern.

There is a data table I posted in the facebook group "Nadex Trading Ideas" and it will show you a lot of statistical information about daily prices over the past few years such as the range, open to close, open to high, open to low, etc...

Bull Spreads, if you can get close to the floor or ceiling, work great. I will be sending out signals of probable TP targets. Whether you take them is up to you but hear this. The TP targets work. They may keep you from making a killing one day but they will also keep the money stream steady and smooth.

I will show you how the signals will look and explain how to read and trade them...

Example signal (This way I can fit everything in 140 characters...

Buy WS30 16800-17200 for 16810. Sell WS30 16400--16800 for 16790. TP=15 each side. RR +30/-20

How to read it...

WS30 stands for Wall Street 30 (I am trying to save space)

If I say buy for 16810 and currently price is at 16830, just place a working order for 16810 and go to bed.
If price is currently 16805, then great because you can get a better price.

TP=15 means that you will want to take profits at +$15 on each side. This means that as the price swings occur throughout the day, if price swings up 15 points, you will take profits on your buy position. If price swings down 15 points, you will take profits on your sell position. Leave the other side open if it has not taken profit yet.

RR+30/-20. This is where I tell you what the risk/reward is on the trade. This means that max win would be $30 for both contracts and the max loss will be -$20 for both contracts. If you get in the trade and one side takes profit and the other side expires worthless, then your P/L for the day (on the trade I just mentioned) would be +5 because you won one for +$15 and lost one for -$10. that equals +$5.

As long as one side gets hit at some point before expiration, you will have made money on this trade.

This is called a Non-directional trade. It does not matter which way the market goes. As long as it moves, you will have a successful trading day.

If the market does not move, you will have an unsuccessful trading day. If this is something you are interested in, please send me a message on facebook and I will start sending these out.

Have a great day and Happy Trading!












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Forex trading 1 28 (updated) ~ forex trading bollinger bands strategy

11:41 PM in 1, 28, and, for, Forex, gold, profit, summarizing, the, trading, week

Sell GBP/USD now at 1.6609
Stop loss: 1.6666
Take Profit: 1.6507

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Introducing Our New and Exclusive Profit and Draw Down Asirikuy Analysis Tool o ~ forex trading journal software

7:29 PM in analysis, and, asirikuy, common, down, draw, exclusive, five, Forex, in, introducing, mistakes, new, o, optimization, our, profit, system, tool

If you have read my posts during the past few months you will notice that I have become increasingly interested in the analysis of trading portfolios and the effect of trading several different systems together. After I was able to implement a solution that made the balance of Asirikuy experts independent it became possible to trade systems without their balance calculation becoming dependant on the other systems trades, something which in turn opened the door towards the merging of backtesting results to accurately evaluate joint performance of the different trading systems. Up until now all this analysis had been made through the use of SQL scripts and VBA macros which were implemented by several Asirikuy members. Thanks to their effort we were able to do accurate calculations on the draw down and profit characteristics of portfolios. However it became evident that these solutions to portfolio analysis were not very comfortable needing backtesting statement manual reorganization in excel followed by loading into an SQL server and then loading onto a separate excel spreadsheet to run VBA macros. For this reason we decided to start a project with an Asirikuy member (named Gábor) who offered some of his free time to do all the coding of this new draw down/profit analysis program. On todays post I have the pleasure to introduce this little Asirikuy-exclusive utility, our own profit and draw down analysis tool :o).

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What is so great about this program, what does it do ? The program has many virtues that make it exceedingly good for backtesting statement analysis. The application allows us to load one or a series of backtesting statements joining them together automatically and calculating a series of very important characteristics which are not calculated on the metatrader backtester (not even the MT5 backtester). The program automatically calculates draw down periods, their length, their depth, yearly profits and monthly profits. Having all this information "a click away" is extremely important since it will allow us to do very fast Asirikuy portfolio analysis without having to through the cumbersome process needed to use SQL scripts for this purpose.
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The image above shows you one of the main characteristics of this software, displaying the equity curve for the loaded backtests (in this case three) plus the addition of their results to show you the "portfolio equity curve". This instant snapshot of the equity curve is important since it allows you to see which systems were losers and which ones winners through the testing period you are evaluating. This in turn allows you to gauge the contributions to the maximum draw down and the overall risk level of the different systems, letting you know which system causes the most loses or profits.
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The above picture shows you perhaps the most useful feature of the software, the ability to display draw down period lengths and depth of a given portfolio with great easyness. This allows you to know the average extent of draw down periods and how long you would have to be prepared to wait if you want to use a given trading strategy. It gives an overall realistic picture of a systems trading characteristics showing you why it is evidently hard to trade and what you should be looking forward to regarding eventual loses and losing periods. This draw down period analysis has become a very important part of system analysis within Asirikuy, letting us evaluate accurately worst-case scenarios and largest draw down period lengths.

Besides the features I have commented here, the software also has the ability to display monthly and yearly profits, important characteristics that are useful for determining the overall trading character of a given system. How profitable is the average month ? How many months are winners vs how many are losers ? What is the average yearly profit ? All these questions are answered by our new Asirikuy tool and its ability to dissect trading results into yearly and monthly statistics.

As time evolves we will be able to implement new features and correct bugs that may appear but currenlty this new profit and draw down analysis tool is a very nifty and welcome addition to Asirikuy. From later today, Asirikuy members will be able to download this piece of software from the Experts section of the website. If you would like to learn more about my journey in automated trading and how you too can start to design your own long term profitable systems based on sound trading tactics please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !

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How to calculate Take Profit Levels on Nadex Bull Spreads ~ forex trading or stock trading

11:05 PM in a, about, adding, bit, bull, calculate, Forex, how, levels, little, nadex, of, on, profit, risk, spreads, take, to

It is really simple. I will not over complicate it. There are several hour long webinars out there on the web that shows how to do this but I will tell you in a few short sentences. Nadex profit and loss is equal to $1 per tick. What is a tick? It is the LAST digit on any bull spread. If the Gold price is 1299.6, then that last digit (6) is what you want to look at. If the Wall Street 30 price is 16430, then the last digit (0) is the digit you want to watch. When calculating your TP, all you have to do is erase the point, if there is a point in the quote such as the one in the Gold price at 1299.6 If I want to calculate at what price a $30 profit means, lets pretend I am selling, then this is how you do it... 12996 (take out the point) MINUS 30 = 12966. Then add the point back in. 1296.6 1296.6 is the price you want to take profit at to make a potential $30 profit. Lets look at the Wall St 30 at a price of 16430. If you sold it at 16430 and wanted a $45 profit, where would you set your TP at? 16430 MINUS 45 EQUALS 16385. 16430-45= 16385 So 16385 is where you want to buy it back. So what about buying? how do I calculate buying? Answer... Just ADD instead of SUBTRACT If I want a profit of $30... 16430 PLUS 30 EQUALS 16460. 16460 is where you set your TP And on the Gold trade, if I want a $30 profit when buying... Remember to take out the decimal. 1299.6 will become 12996 12996 PLUS 30 EQUALS 13026. Add the decimal back in... 1302.6 is your TP price. Thats it.
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Look Deeper ~ forex trading on sunday

5:19 PM in bull, calculate, deeper, Forex, how, levels, look, nadex, on, profit, spreads, take, to

Clients,

This trading week has proven to be somewhat difficult. If you followed every signal to a "T", you netted a $9 profit per contract. This is right at break even and not great but it is not a loss. We will have a loss at some point but this week was not it.

Many clients that come to me are victims of scam artists. One of my key concerns is to stop the bleeding, like I have said in an earlier post. Some people have told me they were just draining money out of their account week after week after week. Even though we did not have a great week, you still did not lose for the 4th week in a row if you followed the instructions.

I know for a fact that some are not following instructions and did lose money this week. There is nothing I can say or do about that. You have to learn to follow a plan of some sort, whether it is mine or your own. Stick to a plan, and you can start the healing process and stop losing money.

One client sent me an email this week and said something of this sort, " Ryan, today was the first day I stuck to my plan and it feels great." Of course it feels great! Knowing that you accomplished something is the best feeling in the world. Knowing that you are treating this like a business feels awesome!

Now, from experience, here is what is likely to happen in the future. One of you will be trading live money and not following the rules. After a couple of months of losing money week after week, you will decide to follow the rules so you will stop losing money in your live account and open a demo account. for 2 weeks, you will trade on a demo and those 2 weeks will be the same weeks I lose money. You will get pissed off and stop following the rules and go back to live trading and gambling and losing money again.

Dont let this happen to you! This DID happen to me a long time ago.

Look Deeper.

Step back from the markets and take a look at your life. Where do you want to be in 5 or 10 years? I never have heard a person who seeks to be a doctor in 3 days. Treat trading as a long term commitment just like a profession because that is what it is.

Take each day and throw it away. After the day is done, forget about it. Look at the long term picture. Over the past 4 weeks, I have been getting messages asking me when the next trade is coming or when I was going to start sending more trades. There has been a lot of downtime. But just step back and look.

In the past 4 weeks, we have netted a profit of $176.5 if you traded one contract.

This is better than losing. Much better.

Over the coarse of one year, this nets $2,118 in profits. On a $1,000 account, this is a $21% return. Where, other than trading, can you get a $21% return on your money? A bank? nope. A hedge fund? Yes but what do hedge funds do? They trade.

Many traders have ping pong tables and TVs in their offices. Why is this? It is to help keep them from over trading and compensate for boredom.Trading can and usually is a very boring business. If done right, it is boring.

You can not look at 3 days of losses and give up. This week, we had 2 winning days and 3 losing days. That is perfectly fine. ALWAYS look at the long term. weeks and months. Success can not and never will be able to be defined by a few days.

Before you take another trade, If you are not trading according to the signals and have no clue what to do, stop everything. Close your computer or trade on DEMO for awhile. The market will always be there. Trade on demo for a few months and only take the signals and see what happens.

Can you sit on your hands and let the market work for you?
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All that being said, I posted an equity chart and a few excel worksheets on our facebook group, facebook,com/groups/nadex about the money earned over a course of time. Take a look at that and sit back.

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You guys are great! See yall next week!








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Easy Profit in Automated Trading Logical Proof of its Nonexistence ~ forex trading fundamentals

3:13 AM in a, automated, based, clear, easy, example, forex, in, its, logical, nonexistence, nvo, of, profit, proof, tick, trading, using, volume

Isnt hassle free profit from the forex market all we want ? Definitely the goal of every person that starts to look for an expert advisor - or most at least - is to find a trading system they can simply "set and forget", a trading system that just collects money from the market in a consistent manner with minimal or limited draw down. A "holy grail", so to speak. However, it becomes obvious after a while of being in this business that if it is too good to be true it probably is and that no trading system can provide the owner with profit without an effort to develop knowledge and understanding. However the fact that the other road seems plausible makes a lot of people continue to search for this nonexistent trading system, a quest that brings nothing but disappointment and financial loss for most new traders. On todays post I will be giving you a logic based demonstration that shows why easy profit in automated trading is impossible and why this search is meaningless and will never arrive at your intended result (a system that easily gets you money without any effort).

First of all we must understand the very basic aspects about logic based demonstrations. When we are faced with a given hypothesis there are several ways in which it can be demonstrated to be true. In mathematics this is done in several ways but one of them is of particular interest to my article. You can demonstrate that something is false if the assumption that it is true leads to absurd results. For example, let us test the hypothesis that the addition of two even numbers gives us an odd number (which is false).

Assuming this to be true :

n, m and k are integers (2n is the definition of an even number, 2k+1, the definition of an odd one)

2n+2m = 2k+1
2n+2m-2k = 1 subtract 2k from both sides
2(n+m-k) = 1 factor 2 out
2a = 1 since n, m and -k are integers their addition is another integer (a)

Since 2a is an even number by definition and it is said to be equal to 1, we have an absurd result. No integer times 2 is able to give us 1 as a result. The hypothesis has been proved false because the assumptions that it is true leads to absurd results.

When it comes to making money from a system without any effort we can do the exact same thing. Let us suppose that there is a system that generates a 200% yearly income which can be traded from 100 USD and used successfully by anyone who buys it. Looking into the sales of the most popular experts we could expect this system to be used by at least 30K people during the first 2 years. This means that 300K USD - assuming each person trades the minimum - will be traded within the first 2 years. After ten years the return of this system would have been 17714700000 which is around 17 billion which is above all other market participants for this same time period. If 300K USD were added each year (of course new sales), the results would be even more staggering nearing more than 100 billion USD.

After 20 years, results become even more absurd and the system is now making a return that would be equal to more than the volume available to be traded. That is, all other market participants would be losing money against this system. This reduces the result to absurd levels since the systems profits surpass the amount of money available from the market. In fact, all the money in the world roughly describes what this system would be making.

The conclusions of this thought experiment are therefore quite simple and straightforward. One of the following things must be true :

• If a successful system exists that anyone can trade then there is an inherent - and quite small - volume limitation to its trading that will thereafter make it lose its profitability or its "tradable by anyone" character.
• If a successful mechanical system exists then there must be strong psychological barriers that make it extremely hard to trade for most market participants
• If a successful mechanical system exists then there is bound to be a maximum compounded yearly profit to maximum draw down limitation that forbids it from reaching the above scenario (a limitation on profits).

Through all my research and work I have found that it is certainly possible to have successful mechanical trading systems and I suspect all the above are in fact true statements. Systems that would be easily available for anyone to use would quickly lose this character as a function of volume and become hard to trade for some reason (psychological, increases in the maximum draw down to average compounded yearly profit ratio) and systems that are already successful are bound to be hard to trade or have an inherent profitability limitation that does not allow them to reach the above mentioned scenario.

In the end, logic is simply undeniable. The scenario portrayed before is an absurd outcome that cannot be reached and therefore limitations to its achievement must be contained within the systems themselves. Systems that may seem to show extremely high results must be volume limited and later become much less profitable and harder to trade while mechanical systems that are profitable in the long term are hard to trade by definition. The above logical reasoning also shows us that there is bound to be some form of profitability to draw down limitation which comes from the simple assumption that the above scenario must be avoided. In conclusion, there is simply no easy long term profit in automated trading.

As you see, the simple power of the "reduction to absurdity" logical reasoning allows us to gain a lot of information about the world of automated trading systems merely by the use of a very simple thought experiment. If you have any comments, suggestions, opinions or other similar reasoning exercises, please feel free to leave a comment !

If you would like to learn more about my journey in automated trading and gain a true education around this type of systems, their uses, limitations and possibilities please consider joining Asirikuy.com, a website filled with educational videos, trading systems, development and a sound, honest and transparent approach to trading systems. I hope you enjoyed this article ! :o)

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Gold trading and profit summarizing for the week ~ forex trading basics ppt

8:55 AM in and, for, Forex, gold, profit, summarizing, the, trading, week

Profit summarizing for the week:

Thats what I wrote in the post : " Gold trading strategy for the week 1/13 -1/17 " .
I also make ??a video talking about this issue from last week. My video channel : youtube channel .
The gold price was right movements as my scenario .
Next week, I still expect gold to reach 1280. You could follow and subscribers youtube channel and website of me.  I will regularly update and analysis on market strategy. Thank you very much !
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Real Trading EA Robot no risk good profit in everymonth ~ forex trading mentors

7:45 AM in and, ea, everymonth, Forex, good, in, is, new, no, profit, profitable, real, really, released, risk, robot, secure, that, trading

Fxtradewar Evenpro is a safe and secure Trading Robot. Even pro is 90% to 96% Secure & Accurate. and this is a very good percentage. And Drawdown is very very Low. Drawdown depend on Your Account Belance, Lot sizE, and Spread.
Monthly Gain Profit 80% to 100% or 100% to 200%.
if you want to buy this EA contact below address:
Email: fxtradewar@gmail.com
Skype: Fxtradewar

Website: http://fxtradewar.com/










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