FX-Review

[AtomicForex]

Hello everyone,

Following the recent changes in Atomic Forex's product offerings, updates on our Intraday Trading System will be made on this thread.

Details about our trading methodology, as well as the timing of trades can be found on our website: www.atomicforex.com.

For the moment I will just give you a summary of what to expect from the Service.

The System mainly trades the Major Currency Pairs and we will be selective about trades.

Generally not more than 2 to 3 positions will be opened at the same time.

We try to stay as close to the Daily Trend as possible but if opportunity presents itself, will not mind picking a reversal.

We will target moves of 40-50 pips but at times may let the Trade run to maximise profit if market momentum is strong.

Likewise, in choppy or range-bound markets, we may have to be satisfied with more frequent numbers of trades and smaller profit targets, or an extended period without trades. Basically, anything is possible.

The biggest issue that we face is the placing of stop losses.

Too close and the trades are stopped out too often.

Too far and some traders may start getting nervous about the potential losses.

Our experience shows us that in fact trading with a mental stop is most beneficial in the long run because it helps to avoid having unnecessary stop-outs due to "spikey" price action, or brokers' stop loss hunting practices.

So do not be nervous if you sometimes receive a call with no stop, or a big stop loss (say 100 pips).

This kind of stop is for emergency purposes only; we closely monitor the Market Action and will usually get you out in time should the Trend start to reverse.

We try not to hold trades overnight, but if we do, we will have proper risk management in place.

We will mainly trade off trendlines and major pivots, and sometimes, if we see a "head fake", will try to take advantage of the Reversal.

We have said enough for the time being.

Please feel free to post any enquiries or suggestions about our trades, either on this thread or through private messages.

Now for today's performance.

Our first trade was opened and closed in less than 3 hours for a nice profit of 98 pips.

Maximum open drawdown on this trade was -37 pips and an emergency stop loss of 100 pips was employed.

Please follow this link to see the trade at Collective2:

www.collective2.com/go/tsunamitrader

When I can find some time, I will try to post my own personal statement here as well.

Thank you for reading this thread, and contributing to discussions about our trades and system.

Regards

Kathryn

[azjeff]

Hello,

When will atomic forex signals be available on FX-Auto?

Thank You,
Jeff

[AtomicForex]

Hello Forum Readers

1 Market Synopsis

The Market is currently chopping around within a wide range and should remain so in the Intermediate Term.

We thus need to be selective in our trades.

Things should heat up towards the End of the Week with the NFP Release this Friday.

2 Use of Stop Losses ("SL")

Some clients / potential clients have enquired about our use of SLs.

Please see again:
http://atomicforex.com/html/service.html#atomicsys

To allay concerns:
- 80% of our trades come with SLs of 40 to 50 pips at most;
- 20% of our trades come with SLs never exceeding 100 pips; and
- Trades issued with no SLs (due to quick market conditions requiring speed of execution) will ALWAYS shortly be followed by SL updates.

We will always get clients out of a trade before the 100 pips SL is hit.

They are meant to be emergency SLs used to insure against wild unexpected swings in volatile markets.


3 FX-Auto

We are happy to advice that we will go-live with auto-trading from today.

Please turn on the AtomicForex-WaveRider settings in the MoneyManager Screen of your FX-Auto Remote Trading Client (set fixed lots = 1).

We will activate this feature for existing subscribers who request for auto-trading.


4 Other issues

Swing and Breakout Systems

We have these 2 systems set up in FX-Auto also, and will trade them only to establish a record.

These 2 Systems were earlier offered as strict "set-and-forget" systems but were discontinued due to an apparent lack of interest from potential clients.

If you are interested to read more, please find the details in the Last Post of this thread:
http://www.createphpbb.com/fxreview/viewtopic.php?t=1030&postdays=0&postorder=asc&start=30&mforum=fxreview

In any case, should there be sufficient interest in the coming weeks or months from potential clients - we will re-introduce both systems for auto-trading via FX-Auto.

No Trades on Monday, 30 May 2006 (yesterday) ?

Some subscribers have enquired about this given that we stated in our website that we would issue "1 to 2 Trades Per Day".

We need to clarify that we cannot issue trades for the sake of being active in the Market.

The inherent premise must be that we issue trades only when there is a high probability these will make subscribers money.

Thus in conducive markets (for profits at reasonable risk), we could issue 3 to 4 trades Per Day instead.

We did not issue trades yesterday as it was a banking holiday in the US and UK.


Should you have any further questions, please feel free to send us a message at support@atomicforex.com

Thanks for your time.

Best regards, Andrew for the ATOMIC FOREX TEAM

http://atomicforex.com/

[AtomicForex]

Well TSUNAMI opened the week with a BANG, had a difficult mid-week, but ended the week on a very comfortable note.

Glad to have this week behind us.

A lot of directionless movements, but the much worse-than-expected US jobs figure finally provided the impetus for an upside break-out on the
Currencies.

The EUR is trading comfortably above the 1.29 Level and looks set to head for 1.3 next week.

GBP is again aiming for 1.9 and beyond.

Made only 6 trades this week, but for a nice net gain of +113 pips.

Breakdown of trades: +98-36-32+14+19+50=113
Maximum drawdown on a trade-to-trade basis: -68
Maximum drawdown on a day-to-day basis: -54
Maximum open drawdown on any trade: -57
All trades are opened and closed within a few hours.

Answer to some subscribers and potential subscribers' questions:

-Why your result at Collective2 differs from the result at Fx-Auto?

We started trading at Fx-Auto later in the week, so not all trades are reflected there.

-You failed to catch some of the big intraday swings that happened during mid-week, especially on the Pound. Why?

We don't try to catch all of the moves, regardless of market direction.
The market has been ranging for the last 3 weeks, albeit in a wide range, and we feel it is difficult to have directional trades.
Our job is not to get you in the market all the time for the sake of having a trade. It is to keep you profitable.

What we try to achieve is to keep the losses small or no losses when the market is moving aimlessly, searching for a direction, then get you into the middle of a move when the market goes impulsive, that's when there's plenty of pips to be made.

-So why did you fail to benefit when the USD got crushed on the lousy job figure today?

Well we don't want to trade the news, especially the Non Farm Payroll. The last time we tried to do that, we got whipsawed both ways.
If you are brave enough to trade this report and good enough to profit from it, congratulations! There are plenty of other opportunities to make money.

That's all for this week. Thanks for your interest in this thread and our service. As usual follow this link for verified result

www.collective2.com/go/tsunamitrader

Or visit our website at

www.atomicforex.com

for more information on our service.

Have a great week-end.

Kathryn

[AtomicForex]

A directionless day marks the beginning of a new trading week. Quite dissapointing indeed because we had expected major follow-through after the Impulsive Move-up last Friday against the Dollar. Market is probably awaiting the Interest-rate Decision out of the Euro Zone and speeches from US Central bankers later in the Day. It's pretty quiet on all fronts but nonetheless we managed to squeeze out some nice pips on just 4 quick trades.

Result for today: +45+37+4+15=101 pips

All trades are closed within 2 hours of opening.

Please note that C2 had some glitches earlier in the day, resulting in some silly -1 pip trades. You won't see those on Fx-Auto though.

Signing off for the day and hopefully we will get some nice movements tomorrow.

Take care and don't forget to check out these links:

www.collective2.com/go/tsunamitrader
www.atomicforex.com

Kathryn

[AtomicForex]

Hello Forum Readers

The USD received a major boost today thanks to the Termination of one Big Terrorist. The EUR took out major support at 1.27 and we look for some follow-through towards the end of this week, and maybe next week, unless the US Trade Balance tomorrow surprises to the downside.


Trading conditions were difficult over the last 2 days, but we nevertheless managed to finish on a positive note.

Results: -61+1+7+55+32=+34 pips

Results after first 15 days of trading: +248 pips
Maximum drawdown on a trade-to-trade basis: -68 pips
Maximum drawdown on a day-to-day basis: -54 pips
Maximum open drawdown on any trade: -61 pips
(Collective2 shows the maximum adverse drawdown on any trade as -81 pips. This is a system recording error. We are asking for it to be fixed.)

Please find the Link to our performance update:
www.collective2.com/go/tsunamitrader

The Tsunami Trader represents our combined trades for the Wave-Rider and Swing Systems.

The Swing System trades are also shown on FX-Auto's records, although we have not opened this system to subscription.

Subscribers of our Wave-Rider System can however try out our Swing System for FREE. This allows for trading portfolio diversification as each system trades different sets of currency pairs, improving profitability at reduced risk.

Check out the ATOMIC FOREX Wave-Rider 21-Day FREE TRIAL and Subscribe now at:
http://www.atomicforex.com/html/service.html


Best regards, Andrew for the ATOMIC FOREX TEAM

[AtomicForex]

Well well well, can't wait to have this week behind us. It's been a struggle for us and the market alike through out the week, what with the start of summer trading, as well as most of the European traders gluing their eyes to the TV, probably in a bar somewhere in Munich. It must be it, right? Or else what has caused all the crazy swings that have Cable all over the map? So for the first time in my life I hate the World Cup. And you must know, I grew up breathing, eating and sleeping with a picture of Michel Platini under my pillow:).

Jokes aside, it's been quite a disapointing week for the Wave-Rider, having finished almost where it started, with very few trades initiated in between. Good news though, that when I check how my competitors are doing over at Fx-Auto, all I see is a sea of Red. So at least some consolations there. But seriously, I'm not glad that a lot of them are doing relatively much worse than us. I'm all for competition and I think that the market is big enough for everyone. Just feel that may be we are doing the right thing not over-trading when the market is so messy at the moment. Or maybe some would say that it is as clear as crystal. Well, yes, but only in hindsight.

Over at Collective2, the TSUNAMI TRADER, which is traded a bit more frequently and aggressively than the signals being given via Fx-Auto, registered a 57 pips gain for the week over 5 small trades. 2 positions are still open which are slightly down. Maximum drawdowns are still about the same as in the previous post. So I think we are doing a good job keeping risk to a respectable level.

www.collective2.com/go/tsunamitrader

So that's all I have to report. And here's to a better trading week next week.

Good week-end to all of you.

Regards

Kathryn, for the ATOMIC FOREX team.

[AtomicForex]

The title says it all. Cable got pounded more than a figure every day on the wake of the sudden death of the only "hawk" on the BOE board. The States and Korea again have something "interesting" going on between them, and Ghana is going to take on the briliant, but in my humble opinion, way over-rated Brazilians in the second round of the Tournament. How more weird can it get? Maybe you can add the spectacular, yet shameful failure of the French team at this World Cup as well if they are not going to win at least 2-0 over Togo tonight.

All in all, a market that is lacking in direction and very low in volume that is just looking for any "news" to chase prices and run stops. Speculation is also running high about possible hikes up to 6% on US interest rate, adding to the volatility and confusion. We will see next week how the Fed is going to tip its hands.

We traded very conservatively this week, as has been the case with us so far in June. Two small trades only, one +7, one +33 pips. So looks like it's going to be a +100 pips month only this month. Not feeling very pleased with this result, as it could have been a lot better had we traded a bit more frequently. However, we have achieved our primary goal with this service, which is safe and conservative trading, preserving capital and containing risk. So far, our maximum drawdown is only -62 pips, which is not very desirable relative to the gains, but low enough to trade with slightly high leverage. As always, small, but consistent gains are our aim.

Anyway, looking to improve performance in the coming months.

In the meantime, enjoy your weekend.

Kathryn

[AtomicForex]

WAVE-RIDER finishes in profit! A stellar June for TSUNAMI TRADER!

Well what can we say, except that we are feeling quite pleased with ourselves for getting through a turbulent June not just unscathed, but beating our own expectations as well. Our main system, the WAVE-RIDER, traded via FX-AUTO, turning in a neat 100 pips gain on an extremely low drawdown of only 60 pips. This system is geared towards the conservative traders who look for small but consistent gains and who prefer to limit risk. At the same time, the favourable risk/reward ratio still allows for more aggressive leveraging should it be desired by the traders.

On the other hand, the higher risk takers need to look no further than our other system, the TSUNAMI TRADER, accessible via Collective2. Traded more frequently and aggressively, this system has just made a name for itself by returning an impressive 52% gain in just 5 weeks, on a maximum drawdown of less than 10% (excluding open positions). With open positions, the return still stands at a very respectable 44% gain. The system is moving very quickly towards the top of the rank of the more than 100 or so Forex systems offered at Collective2. Pip-wise, it returned 620 pips after just 32 trades, 78% of those are profitable. The biggest winner is 98 pips and biggest loser -61. Open drawdown on a portfolio basis never exceeded -150 pips. To read more about the aggressive strategy we use to trade this system, visit the following link:

www.collective2.com/go/tsunamitrader

A detailed explaination of the hedging strategy we occasionally use in range-bound market is given to clear up any misunderstanding or confusion about some larger-than-normal open drawdowns that the system incurs. In essence, given market conditions, we may not use fixed stop losses, but instead, hedge our portfolio based on currency pairs' relative strengths. For example, last week we opened a long position on EUR/USD at 1.2617 and a short position on USD/CAD at 1.1133, believing they were nearing a turn-around point. Instead, the market did the unexpected by us and pulling these 2 pairs even further down. Instead of liquidating our positions, we chose to hedge them with short positions on the GBP/USD and USD/CHF, as these 2 pairs were relatively weaker. As the market kept falling, we closed and re-opened these hedge positions, locking in profits every step along the way. 15 minutes before the FOMC announcement was made yesterday, we had closed our last short trade on the GBP, just 3 pips shy of its bottom. True to our prediction, the dovish FED sent the USD into a free fall, both of our long positions in the EUR and CAD rallied strongly back to their entry points, and we managed to close them at break-even. Thus the whole purpose of hedging our portfolio had been realized, all positions were closed at profit or no loss.
Therefore, in order to assess the real risk/drawdown of these trades, you must look beyond each individual position. A casual glance may mislead you into thinking that we let the EUR and CAD trades to lose as much as 100+ pips before closing them for a meaningless few pips profit. This is not true, because while these positions continued to lose money, we were locking in hundreds of pips' gain on the GBP and CHF shorts, thus most of the drawdowns on the other 2 trades were, in effect, equalized. The best way to calculate drawdown in this kind of situation is to look at the whole portfolio gain or loss at any given time. Per our own estimation, the biggest loss was only more than 100 pips.
Similar situations can be found when we open long on the EUR and short on the GBP the previous week. We have found that this strategy is very effective when market is range-bound and direction is unclear.

Obviously, this kind of trading is not for everyone. Some may find it confusing and prefer to just take a loss. But it has been proven to work for us and we will continue to use it, as long as market conditions allow. On average, we use this strategy about 30% of the time, the rest is straight-forward trading.

Those who are interested in this excellent system, please pay a visit to Collective2, following the link given above. To assess the performance of the WAVE-RIDER, go straight to our website or FX-AUTO. I suppose everyone knows where to look for it.

In the meantime, have a nice week-end.

Kind regards

Kathryn

[AtomicForex]

Hi everyone, how are you all doing? Since my last update, our WAVE-RIDER system's performance has basically been flat, with some small gains and losses. Understandable, given that the market has been extremely quiet over the last few days with US traders on holiday and the rest of the world in front of their televisions. However, our other system, the TSUNAMI TRADER, continues to shine, collecting 150 pips gain on 5 neat trades, all winners. Once again, our hedging strategy proves to be extremely successful in this tigh market.

At the request of many interested forum members, we have decided to include this system in our product offerings. For the last 6 weeks, it is only accessible via Collective2. Now you can get it directly from our website for the same term as the WAVE-RIDER. There's also discount for current subscribers, as well as package discount.

The system is also being auto-traded via FX-AUTO, and the first 2 winning trades have been closed today for 48 pips.

To recap what we have been saying in previous posts:

- The WAVE-RIDER is a conservative system, trades less frequently (maximum 1-2 trades per day), use tight stop losses (30-40 pips) and regularly looks for small, but consistent gains of 15-30 pips per day. In June the system returned +100 pips, maximum drawdown -60 pips. Historically has averaged about 300-400 pips per month on a maximum drawdown of -250 pips. Suitable for conservative traders.
- The TSUNAMI TRADER is traded a lot more frequently and aggressively (can trade as many as 3-4 times per day), use big stop losses of 50-60 pips or no stop losses at all, may use hedging instead of hard stop losses. Return so far is +770 pips over 6 weeks, or about +500 pips per month. Maximum closed drawdown is -60 pips. Estimated maximum open drawdown about -150 pips. In order to trade this system comfortably, clients should be prepared for at least -300 pips drawdown at any time. Suitable for high risk takers.

Any questions, please post on this thread, or e-mail us directly at support@atomicforex.com

For more information, visit our website, or look for TSUNAMI TRADER on Collective2. I believe all the links and website address have been given in previous posts.

Thank you and best regards

Kathryn, for ATOMIC FOREX

[raytracy]

I have subscribed to TSUNAMI at both C2 and FX-Auto few days ago, but found some things strange:

1. I have got EURJPY Sell@Market signal from FX-auto at July 6 17:30 (GMT+8 ), and then same signal again at 17:42. Both signals did not send out by C2.

2. I have got GBPUSD Sell@Makret signal *TWICE* from C2 at July 6 18:42. I have checked C2 website and the "open position" shown up there should only *ONE* signal be sent. And these signals did not send out by FX-auto too.

So, the first question: Do you use difference strategy with C2 and FX-auto to send out difference signals? and second question: why these signals be sent out twice? Since I place trade with automation software, the second problem has caused my system placed DOUBLE trades.

I have tried your WAVE-RIDER at FX-auto and seems no problems in above. Is there some things I have missing?

- Ray Tracy -

[raytracy]

Now I have totally confused with TSUNAMI FX-auto signal as following (below is real content what it send):

July 6 19:48 (GMT+8 ):
=================
EURUSD No Signal
GBPUSD Sell @ Market SL:0.0000 TP:0.0000
USDCHF No Signal
USDJPY No Signal
EURJPY Short @ 147.20 SL: TP:
GBPJPY No Signal
USDCAD No Signal
AUDUSD No Signal

July 6 20:02 (GMT+8 ):
=================
EURUSD Buy @ Market SL:0.0000 TP:0.0000
GBPUSD Short @ 1.8344 SL:0.0000 TP:0.0000
USDCHF No Signal
USDJPY No Signal
EURJPY Short @ 147.20 SL: TP:
GBPJPY No Signal
USDCAD No Signal
AUDUSD No Signal

July 6 20:09(GMT+8 ):
=================
EURUSD Long @ 1.2745 SL:0.0000 TP:0.0000
GBPUSD Short @ 1.8344 SL:0.0000 TP:0.0000
USDCHF No Signal
USDJPY No Signal
EURJPY Short @ 147.20 SL: TP:
GBPJPY No Signal
USDCAD No Signal
AUDUSD No Signal

According to these 3 signals in above, my automatic software placed trade as following:

GBPUSD Sell @ Market - 1 Lot (19:48 )
EURJPY Sell Entry @ 147.20 - 3 Lot (19:48, 20:02, 20:09 )
EURUSD Buy @ Market - 1 Lot (20:02 )
GBPUSD Sell @ 1.8344 - 2 Lot (20:02, 20:09 )
EURUSD Buy Entry @ 1.2745 - 1 Lot (20:09 )

There are total 1+3+1+2+1 = 8 Lots in hands, is it right? (I don't think so.....do you really want to sell EURJPY at same price 3 times at difference time? )

If it is not what you want me to do, is it possible to delete all redundant trade within later signal for avoid my auto-software place same old trade several times?

And same as previous post, these signal did not send out by C2. I am not sure that C2 and FX-auto are same signal.

- Ray Tracy -

[AtomicForex]

Tracy,

Regarding the first problem, there's no confusion, that's the way new entries and open positions are presented by FX-AUTO Tradency Signal Generator. Please read the notes under the message we sent with every signal: When a new Long trade is entered (for example), the software says Buy @ (market or limit), after the position is opened, it will say Long @, and vice versa for Short.

Our FX-AUTO auto-trading clients have no problem what so ever with the signals. If you are using your own auto-trade application to execute these trades, you should read the instructions carefully in order to program it correctly.

Sorry about this, but we have no control over FX-AUTO software, even though we also find it quite confusing.

You have not experienced this problem with the WAVE-RIDER signals because so far we never have issued multiple signals for this service.

Regarding different signals being sent out from C2 and FX-AUTO, it's because we have some open positions at C2 and need to hedge them, while signals sent out by FX-AUTO are brand-new, therefore they are not the same. After all the open positions on C2 have been closed, then the same signals will be issued on both sides. I think that since you have re-subscribed at our website, you should cancel your subscription at C2, to avoid any confusions.

My best advice is for you to get on FX-AUTO as quickly as possible. Just get a life and let the software do all the work for you.

As for now, these trades are still hovering around the break-even points, so you should quickly close the redundant positions.

Any questions, just write to me at support@atomicforex.com, you will get faster answers that way.

Thanks and regards

Kathryn

[raytracy]

Oh, I see. It's my fault to misunderstand the rule. I will modify my program to meet this requirement. And don't worry, I just trade it with demo account....

Thanks for your note and kindly support!!

By the way, TSUNAMI looks very aggresive and low risk which meet my trading style. I wish you can keep this performance and I would like to subscribe for a long time.

- Ray Tracy -

[AtomicForex]

Tracy, I hope you keep your "redundant" positions. The EUR/JPY just closed for +36 pips in a quick 30 minutes:)

Kathryn