FAP Turbo Settings
Vinnie
I will very happy to share it with all my followers, from all FAP
turbo Forums.
I will happy to help and to answer to every person here.
So Thank You for visiting.
PLEASE DON'T DELETE THIS FORUM!!!
Thank YOU
VinnieForex
Vinnie
I urge everybody to test it on demo at least 2 weeks.
I wrote something here and read carful before to take decision to use
my set!!!!!!!!!
Happy trading!
vinnieforex
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Tinoa Tuioti
can you share the link
Vinnie
there is rar file that inside is my set.
Or You ust looking for on the desk Files, click on that and You will
see the file!
It is very similar like Rob Casey that we received from Eduardo.
In My set in general i am working with fixed 0.04 lots.
and some details in the TP & SL.
Anyway, again pls check out in demo.
Let me know if You get the rar file!
VIn
avihay
did you stop using the default set of the fapturbo?
> > > VinnieForex-הסתר טקסט מצוטט-
>
> -הראה טקסט מצוטט-
Vinnieforex
my set i hit the stop lost on eurgbp.
I am now with the ron casey set.Maybe i will add again Eurgbp, because
i saw that now work normal. Dont jump like before 2 days!
vin
Website:
http://web.mac.com/vinnie.venkov/Vinnie_Venkov/My_Web.html
Sent from my iPhone
Eduardo Ellery
I went into bad losses this last days, someone else?
I don't know what's happening, but I'm trying to find the motive...
First I'llsearch for other fap turbo users on MYFXBOOK, then I don't know what to do...
Bye!
--
Eduardo Ellery
O MAIS RENTÁVEL INVESTIMENTO DO MUNDO, CONHEÇA EM:
http://dudaforex.blogspot.com/
http://twitter.com/eduardoellery/
http://twitter.com/dudaforex/
http://tr.im/mapadeaeromodelistas/ (http://tr.im/comoadicionar/)
http://tr.im/ondevoar/
Vinnieforex
Vinnie
I want to know something:
Somebody have still open trade from Yesterday 11.03.2010 (Opened in
21:00 GMT Time)
Its USDCAD in this position:
Price 1.02527
S/L 1.00910
T/P 1.03020
? ? ?
vin
On Mar 10, 3:29 pm, Vinnieforex <vinniefo...@gmail.com> wrote:
> Began to work with the exactly rpb casey settings and try first
> everthung on 0.01 lots,
> everything ok, raise the lot!
> Vin
> If you need help here l am,
> i will help dont go upsaid!
> I know this feeling....
>
> Website:http://web.mac.com/vinnie.venkov/Vinnie_Venkov/My_Web.html
>
> Sent from my iPhone
>
> On Mar 10, 2010, at 3:20 PM, Eduardo Ellery <eduardoell...@gmail.com>
> wrote:
>
>
>
> > Hi Guys,
>
> > I went into bad losses this last days, someone else?
>
> > I don't know what's happening, but I'm trying to find the motive...
>
> > First I'llsearch for other fap turbo users on MYFXBOOK, then I don't
> > know what to do...
>
> > Bye!
>
> > 2010/3/10 Vinnieforex <vinniefo...@gmail.com>
> > Hello Avyhay!
> > my set i hit the stop lost on eurgbp.
> > I am now with the ron casey set.Maybe i will add again Eurgbp,
> > because i saw that now work normal. Dont jump like before 2 days!
> > vin
>
> > Website:
> >http://web.mac.com/vinnie.venkov/Vinnie_Venkov/My_Web.html
>
> > Sent from my iPhone
>
Eduardo Ellery
Vinnie
So pitty...
USDCAD the same order..........that i asked.
Now Eduardo i never, ever!!!I will come to ask You."Whats
happen?"Never ever!!!!!Remember this!
About that, that You gave me the Rob Casey set.
Its my responsible.It was my decision to use it, the problem was in
the Market...
All my earn money From Rob Casey set from the week went, but its not
Falt Eduardo...
Only to write that i am happy that You shared it.
Thank You
Pitty that again stop lost, as i saw it yesterday, i didn't felt good
with this trade, i dont know why...
the results are clear....
vin
On Mar 12, 2:23 pm, Eduardo Ellery <eduardoell...@gmail.com> wrote:
> Closed minutes ago very bad... I had in two brokers.
>
> 2010/3/12 Vinnie <vinniefo...@gmail.com>
> > > >http://tr.im/mapadeaeromodelistas/(http://tr.im/comoadicionar/)<http://tr.im/mapadeaeromodelistas/%28http://tr.im/comoadicionar/%29>
Vinnie
Before week was the same with the EURGBP.
Next step for me, to play with EURCHF and USDCHF.
Was so cool with the eurgbp 3 tp, but what we can do.........
If somebody have ideas what will be the next step i will be very
happy to hear it.
Eduardo love ya man!
Doesnt matter the money, the firendship is more important for me!
Love ya
> >http://tr.im/mapadeaeromodelistas/(http://tr.im/comoadicionar/)http:/...
Eduardo Ellery
Vinnie
Go to Your history of Your FAP Turbo.
And check if You FAP T done order on 25.02.2010.
There was in my FAP order that opened on 21.00, the same time was like
that
Date Time Type Size Symbol
Price S/L T/P
Time Price Swap Profit
2010.02.25 21:00 buy 0.04 USDCAD 1.06226
1.04680 1.06660 2010.02.26 05:31 1.05762
0.02 -17.55$
This is the second time that happen now i saw it!
And happen exactly in Friday.
Just to update that history!
vin
Vinnie
Avihay here is the things that You asked!
Lot of people asked me what are my settings now, with each set i
trade.
For this week i am with the next set:
EURCHF Rob Casey Set Fixed lot not Money Managment
USDCHF RobCasey Set Fixed lot not Money Managment
I trade with this pairs, also but with the lowest lot 0.01
I want to test it good before to raise again the lots!
I believe that he stop losts for the last 2 weeks was accendently.
Shall see!
USDCAD Default set, with the next differences Take Profit 7, Stop Lost
27
EURGBP Default set, with the next differences Take Profit 3, Stop Lost
25
If i have good results i will share, what i get, and i will update
here!
vinnieforex
Tinoa Tuioti
אביחי אביטן
אביחי אביטן
--
בברכה,
אביחי אביטן
Vinnieforex
Eduardo Ellery
Here it is:
================================================================
Long Term EURUSD Settings
Although FAP Turbo’s long term strategy is inherently more risky than the scalper strategy, due to the large stop loss required, we believe the following settings should be considered low risk as far as the long term strategy goes.
If you have not already done so please read our Introduction to The Long Term Strategy before proceeding.
The Settings
| EURUSD parameters | value |
|---|---|
| Period (chart) | 5 MIN |
| UseScalperStrategy | false (turns on Long Term Strategy) |
| FapTurbo_Lots | 0 (turns on Auto Money Management) |
| FapTurbo_LotsRiskReductor | 2 |
| FapTurbo_MaxOrders | 2 |
| FapTurbo_TakeProfit | 20 |
| FapTurbo_StopLoss | 500 |
| FapTurbo_TrailingStop | 30 |
| FapTurbo_AlterPositions | 1 |
| FapTurbo_TradeNFP | 0 |
Special Notes
5 MIN Time Frame
The FAP Turbo guide indicates the EURUSD was optimized for the 1 MIN
time frame and this is their default setting. Our testing has shown the
long term strategy with the EURUSD to perform better for us using the 5
MIN time frame. Please do not email asking if this is a typo because it
is not. We trade EURUSD on 5 MIN chart.
Non Farm Payroll
We’ve turned off trading on Non Farm Payroll days because this is news
driven and does not fit with basic trend following strategy. Although
the FAP Turbo product guide recommends against trading this way for some
reason they have left it turned on in the defaults. We have it turned
off here.
Hedging
Our settings below have hedging turned on. If you are trading with a
broker that is an NFA regulated broker then you must turn off hedging as
the NFA no longer allows this (very silly).
To turn off hedging simply set FapTurbo_MaxOrders = 1
This will decrease performance but the strategy will still be profitable. If you’re trading with our members custom price feed from GallantFX then you can leave the hedging on because GallantFX is not an NFA broker.
If you are not already aware, you can read more about the NFA no Hedging rule in my previous post on the subject titled FAP Turbo, the NFA and FIFO.
Position Size & LotRiskReductor
Although I have much faith in this strategy I would, as always,
recommend not risking more than about 5% on a single trade. With the
settings we have below, a LotRiskReductor value of 2 currently equates
to just over 5% risk and is about 0.1 lot for a $10,000 account, which
is recommended in the FAP Turbo product guide.
In my opinion it’s fine to trade this strategy with accounts smaller than $10,000 (even as small as $1,000), but you will need to be trading with a broker that allows micro lots in order to maintain proper risk management.
For instance, if your account is only $1,000 then you would not want to trade with more than 0.01 lots per trade.
**GallantFX; Although GallantFX does allow micro lot increments, they do currently have a minimum size requirement of one mini lot which is 0.1 lots. Therefore if your account is below $10,000 this strategy is not suitable to trade with GallantFX at this time. There are rumors that this mini lot minimum may be changing soon and I will be sure to keep you posted.
===================================================
Aristo
1. Urgent! FOMC Today
I will be sending out a more detailed ADT newsletter later today, but
I wanted to quickly remind everyone that there is an FOMC meeting and
FOMC Rate Statement today in less than 4 hours from now at
approximately 18:15 GMT.
It is probably a good idea to turn off your ADT/MegaDroid charts
before then. Last month I missed the FOMC Statement and my accounts
got hit hard - so it is probably a good idea to shut down for today.
On Mar 16, 11:41 am, Eduardo Ellery <eduardoell...@gmail.com> wrote:
> Hi Vinnie,
>
> Here it is:
> ================================================================
> Long Term EURUSD Settings
>
> Although FAP Turbo’s long term strategy is inherently more risky than the
> scalper strategy, due to the large stop loss required, we believe the
> following settings should be considered low risk as far as the long term
> strategy goes.
>
> If you have not already done so please read our Introduction to The Long
> Term Strategy<http://www.fapturboexpertguide.com/blog/introduction-to-long-term-set...>before
> proceeding.
> The Settings EURUSD parameters value Period (chart) 5 MIN
> UseScalperStrategy false (turns on Long Term Strategy) FapTurbo_Lots 0
> (turns on Auto Money Management) FapTurbo_LotsRiskReductor 2
> FapTurbo_MaxOrders 2 FapTurbo_TakeProfit 20 FapTurbo_StopLoss 500
> FapTurbo_TrailingStop 30 FapTurbo_AlterPositions 1 FapTurbo_TradeNFP
> 0 Special
> Notes
>
> *5 MIN Time Frame *
> The FAP Turbo guide indicates the EURUSD was optimized for the 1 MIN time
> frame and this is their default setting. Our testing has shown the long term
> strategy with the EURUSD to perform better for us using the 5 MIN time
> frame. Please do not email asking if this is a typo because it is not. We
> trade EURUSD on 5 MIN chart.
>
> *Non Farm Payroll*
> We’ve turned off trading on Non Farm Payroll days because this is news
> driven and does not fit with basic trend following strategy. Although the
> FAP Turbo product guide recommends against trading this way for some reason
> they have left it turned on in the defaults. We have it turned off here.
>
> *Hedging*
> Our settings below have hedging turned on. If you are trading with a broker
> that is an NFA regulated broker then you must turn off hedging as the NFA no
> longer allows this (very silly).
>
> To turn off hedging simply set FapTurbo_MaxOrders = 1
>
> This will decrease performance but the strategy will still be profitable. If
> you’re trading with our members custom price
> feed<http://www.fapturboexpertguide.com/blog/gallantfx-fap-turbo-broker-of...>from
> GallantFX then you can leave the hedging on because GallantFX is not
> an
> NFA broker.
>
> If you are not already aware, you can read more about the NFA no Hedging
> rule in my previous post on the subject titled FAP Turbo, the NFA and
> FIFO<http://www.fapturboexpertguide.com/blog/fap-turbo-the-nfa-and-fifo/>
> .
>
> *Position Size & LotRiskReductor*
> Although I have much faith in this strategy I would, as always, recommend
> not risking more than about 5% on a single trade. With the settings we have
> below, a LotRiskReductor value of 2 currently equates to just over 5% risk
> and is about 0.1 lot for a $10,000 account, which is recommended in the FAP
> Turbo product guide.
>
> In my opinion it’s fine to trade this strategy with accounts smaller than
> $10,000 (even as small as $1,000), but you will need to be trading with a
> broker that allows micro lots in order to maintain proper risk management.
>
> For instance, if your account is only $1,000 then you would not want to
> trade with more than 0.01 lots per trade.
>
> **GallantFX; Although GallantFX does allow micro lot increments, they do
> currently have a minimum size requirement of one mini lot which is 0.1 lots.
> Therefore if your account is below $10,000 this strategy is not suitable to
> trade with GallantFX at this time. There are rumors that this mini lot
> minimum may be changing soon and I will be sure to keep you posted.
>
> ===================================================
>
> 2010/3/16 Vinnieforex <vinniefo...@gmail.com>
>
>
>
> > Yes Always i run at least 6 terminals with all pairs, gbpchf, i dont work
> > at all.
> > I have if i remember good with 20pips set, also i am running the eurusd on
> > 1min, 15min, and 30 min timeframe!
> > I will let You know when i came back home after 18.00!
> > Eduardo please send us the set up for the eurusd, from the Rob Casey
> > please!
> > Thank You!
> > vin
>
> > Website:
> >http://web.mac.com/vinnie.venkov/Vinnie_Venkov/My_Web.html
>
> > Sent from my iPhone
>
> > On Mar 16, 2010, at 8:42 AM, אביחי אביטן <avihay.avi...@gmail.com> wrote:
>
> > hi vin,
>
> > did you try testing the EURUSD with different TP, for exaple, TP 10, SL 17
> > ?
>
> > 2010/3/16 Vinnie < <vinniefo...@gmail.com>vinniefo...@gmail.com>
> ...
>
> read more »
Vinnie Venkov
Vinnie Venkov
Vinnie
If happen something like this last stop loses i began to change lot of
things
in my FAP turbo set.
Number 1
For USDCAD i was taking break.
I dont know till when.
Number 2
I came back in my set The promised pair EURGBP.
I changed the Take Profit from 3 to 2.
So the my new set is 2 TP.
Number 3
This pair is the best for the last time.
So here i raise the lot as i can 0.06.
For 150$, this is really very risky, but i know the staff... so...
I opened new discussion for MegaDroid, in the last time perform really
great!
This was for now.
vinnieforex
On Mar 16, 7:47 pm, Vinnie Venkov <vinniefo...@gmail.com> wrote:
> For More info here what it is:
> FOMChttp://www.federalreserve.gov/monetarypolicy/fomc.htm
>
> On Tue, Mar 16, 2010 at 7:45 PM, Vinnie Venkov <vinniefo...@gmail.com>wrote:
>
>
>
> > Tell me is that emergency also for The FAP Turbo!!!
>
> ...
>
> read more »
Vinnie
> ...
>
> read more »
Vinnie
I Will stop complete to work with this pair!
vin
> ...
>
> read more »
אביחי אביטן
--
בברכה,
אביחי אביטן
Vinnie
Lot of peoples ask me what is next now,
Each set i use?
Difficult to say, You set up the program, and after i must to changed,
because hit SL.
I set it up to the default and i hit 3 times SL.
I urge You hear!
This now here is very important!!!!
Last three weeks was worst weeks for me, for You i think also!
We all i hit stop losses!
From usdcad, eurchf and eurgbp.
Pay attention on THURSDAY i saw that it is very dangers to open trade
from USDCAD.
Three week always it open in 20:00 GMT, and always close the trade to
Stop Losess.
Be careful tomorrow,it was with EURGBP, USDCAD, EURCHF.
Here are the dates and details!
USDCAD 21:00 25.02.2010
USDCAD 21:00 03.02.2010
EURGBP 21:06 03.08.2010
USDCAD 21:00-03:11:2010
It is four times, enough isn't it?!
Be careful Friends, all this is to protect You and Your money with all
that happend before!
Or to take action to put small Stop Lost!
4 times i hit the SL, very big draw down for all of us 22$, and 15$,
for is big because i began with 200$.
If You want to see the history go to my set and You can see here
https://www.myfxbook.com/portfolio/fap-turbo-vinnieset/19183
I dont know how to answer, about the Best set.
Yesterday i was working with default v50 really i felt difference from
v49, lot of things better.
I will tell You from 49 was little bit really tired from USDCAD &
EURCHF.
This i saw Small drawdown, almost all trades closed in profit.
Clear vision:
FAPTv50 -
1.GBPUSD, default v50
2.GBPCHF, default v50
3.EURGBP, default changed TP to 3 v50, also worked good with the
default set.
4.USDCHF, default v49
Why?Because i saw that FAPT USDCHFv50 didnt work so impressive like
v49,
thats it with EURCHF and USDCAD i dont want to trade for this time
shall see.
All this are set in the default set.
Again please try everything on demo!
I don't want that somebody to loose money because me.
Love ya all!
Thank You!
Vin
On Mar 17, 12:52 am, Vinnie <vinniefo...@gmail.com> wrote:
> ...
>
> read more »
Vinnie
USDCAD 21:00 03.02.2010
EURGBP 21:06 03.08.2010
USDCAD 21:00-03:11:2010
The time is exactly 20:00 GMT
> If You want to see the history go to my set and You can see herehttps://www.myfxbook.com/portfolio/fap-turbo-vinnieset/19183
> ...
>
> read more »
Vinnie
So i just want to write again for my next set up.
First of all, here in Israel we have holidays, it is Passover.
So i will be until next tuesday free, i will analyze, test, try
different sets, whatever You wish,
and after all i will write here my best set.
In other side i will send signals if i see meantime, if You are on the
computer, maybe will help You for some other pips!
I found out also new website that can help very good, for all of us!
It is website that we enter in the Forex Community, with traders all
over the world.
There are so many professionals people that can give us advice for
signals, when to enter each pair, and we can receive great Forex
Momentum Support
Here is the link:
http://www.currensee.com/
But lets talk for FAP Turbo.
First this set is really different from my settings before.
All test i did it on ECN Broker called GoForex.If You are with ECN
Broker You will be very close to my results!
Some technical advice.
After putting the new v50 with the new installation, and with the new
dll file the FAP Turbo must to work with
all three versions.v48, 49, v50
From the first week with the v50 i was with good results.
Number 1
USDCAD & EURCHF v48
As i saw the USDCAD and EURCHF, can say perform in the last time not
so good.
So i was running on v49 & v50, and again i didnt was satisfied.
Because always i don't gave up, i try to resolve the problem with v48,
and i can say this is really good solution.
Number 2
I saw that v50 dont perform so good with USDCHF.
So on USDCHF i put the v49 because it is more sensitive and open more
trades.
Number 3
GBPUSD, GBPCHF, EURGBP v50
So here are the details my next set up:
2 Pairs from v48
EURCHF & USDCAD v48, very good perform
On the default set, or
I also believe that we can get good results with the Rob Casey set
with his set for v48 version,
or to put all settings from v49 to work with v48.
with all his sets Low, Medium & High Risk
1 Pair from v49
USDCHF
3 Pairs from v50
GBPCHF default
GBPUSD default
EURGBP default, perform also good
or if You want to be more sure put the Take Profit to 3
Anyway with the new v50, it is really cool with all this 3 pairs!
If You want to use less pairs i saw that GBPCHF perform really good.
In the default set TP is 10, it is really cool if from every trade we
get 10 Pips!
So this was for now.
Happy Trading!
VinnieForex
> ...
>
> read more »