Forex Samurai Info and Newsletter

I’ve been investigating some new products over the past couple of days and one that I found that looks quite interesting is Forex Samurai. It’s a signal service and a forex robot combined into one. From the end user perspective it’s an expert advisor that runs on Metatrader like any other Forex robot, but instead of making trading decisions based on a fixed set of mechanical rules, this EA only trades based on signals provided by a real human trader. I like this concept, because it addresses a lot of the disadvantages of signal services and Forex robots.

I’ll do some more digging to see how this service compared to others on the market.I also found at least one new Forex robot that I’m going to add to this post, but more about this next week..

Here are my trading results for the past week:

1. Manual Trading

(Using the 1 Minute Daily System on my LIVE Account)

For those who don’t know, the 1 Minute Daily system is a manual trading system, but they also provide an EA that automatically trades according to the exact rules of the manual system, which is what I’m using in this account.

I restarted the 1 Minute Daily system on Wednesday morning and not long after that it closed a trade for a profit of 35 pips. This was smaller than its average trade, but still not a bad way to start. On Thursday things looked good for another trade, but for some reason the EA stayed out of the market. It opened another trade on Friday, but that one is still open, so I’ll report on it next week. Reporting percentage gains or loss for this system is a bit difficult because I also trade and experiment with other methods in this account, so from now on I’ll just report the weekly results in pips.

2. Robot Testing in Live Accounts

Note: you can view the live account statements on the Live Testing Page.

Forex Megadroid (Using Alpari UK): Completed 1 trade last week for a profit of 1.65%. I started this account 4.5 months ago with $490 and the balance is now just over $700, which is a profit of 43%. Some people say that Megadroid is old news, but to be honest I have yet to find another product that works as consistently.

Fap Turbo (Using Gallant FX and Settings From Fap Turbo Expert Guide): For the moment Fap Turbo is still disabled

3. Robot Testing in Demo Accounts

Aeron EURUSD Robot: Made a small loss of 1.6% for the week. Unfortunately my trial copy of Aeron Robot expired in the middle of the week, so it only traded until Wednesday. I organized a new trial with the developers and will get that up and running again today.

Forex Harvester: Things were very quiet for Harvester last week and it only placed one trade that ended up on breakeven. After 2 months this account is 3.33% in the red, but according to other users of this robot it was the worst 2 months that Harvester has ever had, so I won’t write it off just yet.

Robovore: Closed a bunch of losing trades and ended up with a loss of 2.9% for the week. As in my previous test of Robovore, it seems to be going nowhere, but I’ll let it run for another couple of weeks before making a decision about it.

4. Robot That I’ve Stopped Testing

Please visit the Live Testing Page for more details on each of the robots that failed the test.