I’ve been slacking on the FAP Turbo updates, I apologize. Week 7 saw FAP Turbo’s first loss. It was expected as no system is 100% foolproof. However, the loss was tiny and the account still remains very profitable.
EURCHF
In characteristic style,
the EURCHF traded many winning small trades but had one big blowup trade that messed it all up. 6 out of 7 trades were winners but one big loss erased it all and put the pair $944.23 in the hole.
EURGBP
The markets are consolidating and this is not good for the EURGBP. Spreads are widening and FAP Turbo will not trade when the spreads are too wide. Thus there were no trades this week in the EURGBP. This is OK by me and I look forward to volitility picking up again so that this pair can start making money again.
Conclusion
The account only lost 0.8% of total equity this week and the account is still up 14% for the past 7 weeks, so I have nothing to complain about. Click here to see all the trades for Week 7.
Here are the results from previous weeks:
- FAP Turbo Review – Week 6
- FAP Turbo Review – Week 5
- FAP Turbo Review – Week 4
- FAP Turbo Review – Week 3
- FAP Turbo Review – Week 2
- FAP Turbo Review – Week 1
You can try FAP Turbo risk free. Click here to download it immediately for only $149 with a money back guarantee (see site for details).
In other news, my tiny IBFX account that I am using FAP Turbo with and using real money isn’t doing very well. It is because the spreads are wider and more volitile than with the Alpari – US account that is being traded above. The success of FAP Turbo seems to depend greatly on the broker. I’m going to switch my real money, FAP Turbo managed accounts to Alpari – US.
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