EA Shark 5.0
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Reuters Business News- Lloyds agrees to sell Crest Nicholson stake to VardeLONDON (Reuters) - Lloyds Banking Group has agreed to sell its stake in housebuilder Crest Nicholson to U.S. investment company Varde, continuing to shed non-core assets and refocus on its core lending activities. […]
- Asia stocks rise, yen steady but outlook unclearHONG KONG (Reuters) - Asian stocks edged up and the yen held below a 15-year high on Thursday, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets. […]
- U.S. slips in WEF's competitiveness rankingsBEIJING (Reuters) - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth after losing the top spot last year, according to the World Economic Forum's annual rankings issued on Thursday. […]
- Goldman Sachs fined $30.9 million in UK: reportLONDON (Reuters) - Goldman Sachs has been fined 20 million pounds ($30.9 million) by the UK's financial regulator for failing to disclose it was under fraud investigation by its U.S. counterpart, the BBC reported on Wednesday. […]
- Economists cut U.S. growth forecast againWASHINGTON (Reuters) - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists. […]
- Australia regulator blocks NAB's $12 billion AXA unit bidSYDNEY (Reuters) - Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its dominance in the world's fourth-largest wealth management market. […]
- China prepares further property tighteningBEIJING (Reuters) - Some Chinese cities are preparing fresh property tightening steps as housing transactions and prices show signs of a rebound, reinforcing market expectations that Beijing will not ease its grip on the sector any time soon. […]
- Lloyds agrees to sell Crest Nicholson stake to Varde
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- Crude Oil Awaits Inventory Data, Gold’s First Test of Records UnsuccessfulCrude oil is little changed in overnight trade as the commodity awaits a much-anticipated report on U.S. petroleum inventories on Thursday. A larger-than-normal build will may lead to more underperformance by oil, while a bullish surprise may lead to a breakout. […]
- Australian Dollar and Japanese Yen Rise as Data SupportsEstablished trends are maintained in the Asia session, ahead of the Bank of England rate decision. The Aussie-Dollar has attempted to breakout on strong economic data, but tomorrow’s risk trends will need to reinforce the move. […]
- Dollar Victim to the Restraint of Risk Trends as Dow Bounce Offsets Response to Negative DataNo matter how hard the dollar tries, its fundamental path is currently bound to underlying investor sentiment. This isn’t a unique relationship by any means. In fact, cross market correlation is near its highest level in over a year – a product of structural developments that include increased globalization and access to capital markets. […]
- Crude Postures for a Breakout but Gold Needs Momentum for Record HighsOnce again, we are left to qualify the sincerity of investor sentiment. Wednesday’s session brought a clear advance in the appetite for risk; but considering the lack of a distinct trend for equities, crude and even progress on gold, it seems traders are still waiting. […]
- EUR/CAD Under Pressure Following BoC Rate Hike, Ivey PMI Report; Traders Shift Their Focus to the Canadian Employment Report[…]
- GBP/USD: Trading the Bank of England Interest Rate DecisionThe Bank of England is widely expected to maintain its current policy in September, and the British Pound could face increased volatility following the rate decision as investors weigh the prospects for future policy. […]
- Crude Oil Awaits Inventory Data, Gold’s First Test of Records Unsuccessful
I have been trading `Shark` and `Griffin` and I can tell you that these EA`s work very well indeed. They are without doubt two of the best EA`s on the market.
Shark has recently been upgraded to version 4 and it has won every trade so far (10 trades)
The customer support is excellent and I ALWAYS get a response from my emails within 48 hours
I can wholeheartedly reccommend this system
Moderator and thread readers, I never stated I would share my live results and don’t know if I will or not. Others have shared that already, what good would it do? From what I read, no good at all.
My main concern was for people giving a review without even owning the software.
Next they’ll be knocking “testimonials” of individuals you can’t contact! It’s best to OWN the EA then post a review.
Another concern is raised. If it’s so good why would they sell it for $269 bucks!? I can think of a good reason. All the EAs they sell are licensed and registered, this could be used to track legitimate users and the amount of users.
They may intend on issuing 1000 license, I don’t know. Then let it ride and see how the experience is with the “initial” group. Then offer an “upgraded” version for $1,000’s of dollars. This “fishing” technique is used all the time.
The product has ONLY gotten positive reviews so far from REAL users in LIVE accounts, I can only confirm the back testing is consistent with what they advertise, which is better than 2 or 3 other EA’s I have bought. If a EA tanked in back testing, would you use it live? So back testing results are helpful also in giving a review.
If anyone wants to try this EA I’d recommend it over many others like other Shark users on this thread have. I’m not saying it’s the best because I’m not qualified
But someone else has made that claim.
You can rely on these claims because we actually have the EA unlike other reviewers who don’t.
Regards
It seems to me the mostly here are new forex trader and “holy grail” believers. Personally I trade since 3 years and during these years I bought more then 20 Expert Advisors from different developers.
90% are not worths the money. In the last months most from them crashed completely exept the EA Shark. Yes – the EA faced also a draw down but much more less then all other EAs I have. When there would be no drawdown while bank goes bankrupt, stock market all over the world crashes it would be clearly the holy grail.
Nobody likes drawdowns but they are part from the game and sometimes not to afford. Why I rate the EA Shark and Forexeasystems with 5 stars is because they don’t let you allone and provide me on a regular base with improved updates.
It is still to early to say much about the new build what I received but the results looks very promissing.
For those of you who look for the “holy grail” the EA is the wrong choice. The right choice is in this case not to trade.
For all other the EAs from Forexeasystems are a very good choice. I honestly recommend them.
Hello, i am Heinrich from Austria. I bought from forexeasystems 2 systems. PROFX and SIGMA. PROFX is for manual trading what is not easy for me because i have not much time. Anyway – i use PROFX since 2 weeks and actual i am 185 pips up. That is a very good result for me. More i like the EA SIGMA as it is a fully automated system. The EA trades during the asia session. The forward test from the last 2 weeks shows very good results (better then expected) and i will go live next week. I will keep you updated about the results.
5 stars because the systems works exactly as advertised and the installation was very easy.
There have been off days from time to time, but this EA has paid for itself many times over in the 4 months I have run it on my live account.
It compliments my trading with enough scalps to keep the account ticking over during those long 1 or 2 week manual swing trades.
Another very good point is that it uses a stop loss (35 pips) rather than trying to cover for itself using martingale which can be disastrous for any account.
4 stars. One star lost because the stop loss wipes out 4 or 5 good profit trades, but at least it’s there.
July 08, i posted my review for the community. Now almost 8 month later i want to let you guys know how it is going.
Till Nov. 08 the EA was running just perfectly. Then the crisis blow up the market and the profit droped. Thats the bad news.
Now the good news. In February the EA recovered the losses and a few days ago they released a new version what looks very promissing.
I trade now 11 or 12 month FX and use the EA Shark since 8 month. What i can say is that it is not a system what make you rich within a few month, but it is a very solid trading system what make money.
2008-07-21 5 Stars
Review: I am pretty surprised to read here so many critical posts. Specially as the critic comes from traders who don’t use the system.
Personally I use the EA SHARK since one month on my real account and I am very satisfied with the returns. From 2008 06 20 till today the system executed 31 trades. 28 winners, 3 looser. That represents a winning rate from a bit more then 89%.
As many other I bought a lot of Expert Advisors before to find out that they don’t work. The EA Shark is so far the only system what works as advertised.
rating: 5 stars !
2008.06.20 00:30 sell 1.00 eurusd 1.5503 1.5538 1.5495 2008.06.20 03:10 1.5495 0.00 0.00 0.00 80.00
2008.06.20 03:31 buy 1.00 eurusd 1.5497 1.5462 1.5505 2008.06.20 04:25 1.5505 0.00 0.00 0.00 80.00
2008.06.20 08:13 buy 1.00 eurusd 1.5509 1.5474 1.5517 2008.06.20 08:22 1.5517 0.00 0.00 0.00 80.00
2008.06.20 19:05 buy 1.00 eurusd 1.5620 1.5585 1.5628 2008.06.20 19:22 1.5628 0.00 0.00 0.00 80.00
2008.06.24 14:01 buy 1.00 eurusd 1.5556 1.5521 1.5564 2008.06.24 15:05 1.5564 0.00 0.00 0.00 80.00
2008.06.24 19:02 buy 1.00 eurusd 1.5590 1.5555 1.5598 2008.06.25 09:07 1.5555 0.00 0.00 7.17 -350.00
2008.06.26 00:54 buy 1.00 eurusd 1.5666 1.5631 1.5674 2008.06.26 01:51 1.5674 0.00 0.00 0.00 80.00
2008.06.26 08:31 buy 1.00 eurusd 1.5672 1.5637 1.5680 2008.06.26 09:00 1.5680 0.00 0.00 0.00 80.00
2008.06.27 01:02 buy 1.00 eurusd 1.5750 1.5715 1.5758 2008.06.27 02:55 1.5758 0.00 0.00 0.00 80.00
2008.06.27 14:03 buy 1.00 eurusd 1.5748 1.5713 1.5756 2008.06.27 14:08 1.5756 0.00 0.00 0.00 80.00
2008.06.27 14:18 buy 1.00 eurusd 1.5748 1.5713 1.5756 2008.06.27 14:46 1.5756 0.00 0.00 0.00 80.00
2008.06.30 05:42 buy 1.00 eurusd 1.5786 1.5751 1.5794 2008.06.30 09:11 1.5794 0.00 0.00 0.00 80.00
2008.07.01 08:00 buy 1.00 eurusd 1.5744 1.5709 1.5752 2008.07.01 08:29 1.5752 0.00 0.00 0.00 80.00
2008.07.01 21:42 buy 1.00 eurusd 1.5782 1.5747 1.5790 2008.07.01 21:52 1.5790 0.00 0.00 0.00 80.00
2008.07.02 12:00 buy 1.00 eurusd 1.5807 1.5772 1.5815 2008.07.02 15:12 1.5815 0.00 0.00 0.00 80.00
2008.07.02 20:10 buy 1.00 eurusd 1.5861 1.5826 1.5869 2008.07.02 20:45 1.5869 0.00 0.00 0.00 80.00
2008.07.03 09:00 buy 1.00 eurusd 1.5870 1.5835 1.5878 2008.07.03 09:37 1.5878 0.00 0.00 0.00 80.00
2008.07.07 15:30 buy 1.00 eurusd 1.5647 1.5612 1.5655 2008.07.07 17:29 1.5655 0.00 0.00 0.00 80.00
2008.07.07 22:30 buy 1.00 eurusd 1.5722 1.5687 1.5730 2008.07.07 23:40 1.5730 0.00 0.00 0.00 80.00
2008.07.08 01:30 buy 1.00 eurusd 1.5720 1.5685 1.5728 2008.07.08 03:03 1.5728 0.00 0.00 0.00 80.00
2008.07.08 14:00 buy 1.00 eurusd 1.5695 1.5660 1.5703 2008.07.08 14:33 1.5703 0.00 0.00 0.00 80.00
2008.07.08 14:38 buy 1.00 eurusd 1.5702 1.5667 1.5710 2008.07.08 15:43 1.5667 0.00 0.00 0.00 -350.00
2008.07.09 04:00 buy 1.00 eurusd 1.5664 1.5629 1.5672 2008.07.09 06:23 1.5672 0.00 0.00 0.00 80.00
2008.07.09 18:30 buy 1.00 eurusd 1.5715 1.5680 1.5723 2008.07.09 18:35 1.5723 0.00 0.00 0.00 80.00
2008.07.14 02:00 buy 1.00 eurusd 1.5914 1.5879 1.5922 2008.07.14 02:13 1.5922 0.00 0.00 0.00 80.00
2008.07.14 02:13 buy 1.00 eurusd 1.5924 1.5889 1.5932 2008.07.14 02:48 1.5932 0.00 0.00 0.00 80.00
2008.07.15 15:30 buy 1.00 eurusd 1.5983 1.5948 1.5991 2008.07.15 15:30 1.5991 0.00 0.00 0.00 80.00
2008.07.15 15:30 buy 1.00 eurusd 1.5994 1.5959 1.6002 2008.07.15 16:20 1.5959 0.00 0.00 0.00 -350.00
2008.07.16 08:00 buy 1.00 eurusd 1.5899 1.5864 1.5907 2008.07.16 08:55 1.5907 0.00 0.00 0.00 80.00
2008.07.21 08:24 buy 1.00 eurusd 1.5859 1.5824 1.5867 2008.07.21 09:00 1.5867 0.00 0.00 0.00 80.00
2008.07.21 09:30 buy 1.00 eurusd 1.5859 1.5824 1.5867 2008.07.21 10:10 1.5867 0.00 0.00 0.00 160.00
I bought the EA Shark in spring 2008 and till late autumn 2008 i made great money with. December 2008 and also January 2009 the results was mixed but in real i was not surprised much about because the market is since this time extremely crazy.
I contacted the developer and asked for help with the setup and hoped that they will release soon a new and improved version. They provided me with settings what worked a bit better and promised to release soon a new build or EA version.
2 days ago i received the new version (5.0 Build 01) and i still cannot believe what i see when i test the system. 5.0 returns almost 100% more profits then the previous version and adapt itself to the actual market conditions. They call it auto-adaption technology and from that what i can see when i run a backtest in the visual mode the EA determines the actual trading conditions very accurate and adjust the settings for optimum results. During ranging periods 5.0 trade very active and works with tight stops and take profit values while during trending periods the EA seems to trade only with the trend and increase the take profit value. There is also something what is connected with volatility but for the moment i didnt figure out how it work exactly.
As many other trader i bought a lot of different expert advisors. Mostly promised incredible profits and only a few worked for some time and when i contacted the sellers i even did not receive an answer.
The guys from forexeasystems really did there homework and they always helped me when i contacted them. Sometimes they dont answer immediately but personally i have no problem to wait 12, 24 or 48 hours to get an answer as long i know they answer help when required.
I purchased their manual trading system what they call ProFX. After 2 weeks paper trading and 1 week live trading i am so far very satisfied with the result. Signals are very accurate and i like the risk – reward ratio from 1/2. In my meaning an excellent choice for every trader who look for constant pips.