The video shows Forex Fury making $24,000 in a single month, you can watch it here:
Forex Fury $24,000 in 1 Month
I really enjoyed this video. It goes in-depth into Pat’s setup showing you the capabilities of the Forex Fury robot.
Now, what we need to discuss is whether or not this is a viable trading approach with the Fury expert advisor.
By that I mean, does this work?
Well, obviously it does work, because the Myfxbook account is verified and you can see that here:
BUT.. that doesn’t mean that this is a viable long term approach to using the Forex Fury software.
I think it’s fun. I think if you are able to watch the markets and manually intervene that using a high stop loss is possible, but this won’t work for everyone.
High Risk Trading Strategy
I think it’s pretty safe to classify this type of trading strategy with Forex Fury is high risk.
Without proper market knowledge, a large stop loss can be crushing. If you don’t intervene at the right time and the market swings against you, then you can be stuck in a drawdown for who knows how long.
That doesn’t mean I’m invalidating this test in any way, but I think it would be smart to see it for what it is.
There are thousands of different ways to use Forex Fury. I prefer the lower risk ways.
Obviously high risk can make you a lot of money, but it can lose you a lot of money too.
You simply have to decide for yourself how you want to use automated trading in your portfolio.
If you don’t know the type of risk appetite that you have, then you need to test more. Run high risk tests, run low risk tests and come to that conclusion.
If you need any help, drop a comment.
Thanks for reading as always, and check out recent Forex Fury Reviews here for more details.
I’m really happy to announce that the Forex Robot Nation YouTube channel is doing a bunch of new videos lately about Forex Fury and they are providing very helpful insight.
If you aren’t sure how to use the software, or if you are just looking for new ways to take advantage of the power of Fury then make sure to watch these videos.
Forex Fury Videos
There are two videos, if you are new to Forex Fury, you’ll want to start out by watching this first video. It gives a great introduction to the software and shows some live trading accounts run by the creators.
The results shown are incredible, and I’m such a big fan of this channel that has taken really big strides in 2021. Much like the software has.
Forex Fury Strategy Video
The second video I wanted to show you is a video showing a new strategy using a new setting that came in the V4 update. The setting is called Longs & Shorts only, and lets traders become more involved in the trading process.
This video is really helpful for not only understanding robots, but seeing a unique way to win more with the Forex Fury robot.
It speaks on an important message, which is that robots are not signals or managed accounts. Robots are meant to be used as tools. Robots are meant to be learned, adjusted and used in many different ways by the owner of the bot.
Don’t just sit back and think the robot is going to do everything for you.
Play a bigger role in the robot experience and you will be more profitable.
This recent review shows that effort and testing is required to be successful, but it’s obviously worth it in the end if you can net an extra 50-100 pips every week.
Don’t be scared to test Forex Fury and use everything that it has to offer. Open a bunch of different demo accounts and find new ways to be successful. It doesn’t take a lot of work to open more tests. Even just 30 minutes a week can be the difference in finding a set up that suits you best.
Another great day in what’s been an excellent year for the Forex Fury robot project. Last week the developers made some significant changes to the members area, releasing V4 Stable, and shifting to a new authentication system.
As far as I’m concerned, it is worth everyone’s while to shift over to that new system.
In order to use the new authentication system, you will have to download the updated versions of the software. There are both updated versions of V3 and V4. Though, my recommendation is that you upgrade to V4, as this version is the most recent, and provides the best opportunities to win.
The authentication system is much better than the past version, as you can now see all of your accounts, instead of guessing of having to go through all your MT4/MT5 platforms.
I believe this is just another excellent step in Forex Fury becoming a more professional project. That being said, I still feel like I’m on the ground floor of this thing because there are so many more updates to come, and this is still a rising Forex opportunity.
Forex Fury V4 Stable
So, once you’ve adjusted to the new authentication system, make sure that you download the latest version of Forex Fury to get the most out of the system.
The download is very easy to acquire. Simply login to the members area, and click on the version you want to download. I’ll say it again, I recommend making the upgrade to V4 as it’s the best version available.
This upgrade, and every other future upgrade is always provided free. The $229 one-time fee covers all upgrades, which I obviously love, being a long-term member of this project.
I’ve already covered all of the different features in my last post, so today I’ll go into more detail about the SET files and the available approaches in the new version.
What SET file or Strategy to Use?
This is a question I get often.
I can’t say that one SET file, one time window or even one pair is “BEST.” The reason for this is because Forex Fury can be used in a multitude of ways. For high risk traders, high risk strategies would be considered best, and for low risk traders, the opposite.
Considering this is Forex, a high risk market, most traders will lean to the high risk SET files. These are the SET files with high stop losses, that give the potential of doubling an account over a short period of time, while risking a large portion of the account in order to do so.
Generally, this is how I like to use Forex Fury, but I will frequently treat these accounts like Stocks. So, I will not only have a take profit on a trade, but a take profit on the overall account.
Traders frequently want to run accounts forever, which doesn’t make sense to me.
If running high risk settings I like to double an account, and then pull the money, or switch that account to a low risk SET file while I plan my next move.
I also recommend that if you use high risk SET files that you watch the account closer, and be ready to intervene if the markets start trending, as Fury is built for ranging market conditions.
Can I Trade Forex Fury Low Risk?
While most of the accounts advertised are high risk, there are low risk options available. You can use SET files that rely on the range filter.
This filter significantly decreases the amount of trades, but lowers the risk as well.
So if using this filter, you usually want to trade more pairs.
The Ultra Low Risk SET file in the members area provides traders with a less risky way of using the software. This isn’t normally the way I trade Forex, because it’s Forex, and if I want low risk I would stick to my mutual funds.
So, whether you want to trade high risk, or low risk, Forex Fury does give you that option, and you can be successful in both ways. Just understand the risks you are taking, and don’t invest more than you can lose.
Stick to ranging markets, avoid big news, and collect your easy pips without any analysis.
I’ll be back soon with new on the 4.1 update, and then again when 5.0 is starting to roll out with a news filter.
It’s a great time to be a Forex Fury member, because another free update is now available. I’ve been talking about the Version 4 update for some time, and now I’m happy to have been using it for a few weeks.
Today I’ll be going over the new features, trading accounts, and my first impressions on this latest version.
Before I get into all that though, I recommend watching the latest Forex Fury Review.
Forex Fury V4 Review Video
This video covers the new V4 features, shows off some of the trading capabilities and some new live Myfxbook accounts. Check it out here and make sure to subscribe for your chance to win a free copy of the software.
There are a lot of comments on the video, so I recommend going through some of those as well to be part of the conversation. Now, I’ll get into the features of the software so you know what to expect.
This Forex Fury update comes with some great additions, and I’ll go through each of them now to help you get a better understanding as to why V4 is the most powerful robot on the market.
Market Update – The developers always do an in-depth market analysis to make sure that the software performs better in current market conditions. This ensures that 2021 will be a very successful and promising trading year.
Better Protection – In the past, many unscrupulous people try to crack the software, and try to sell it for lower prices. Hundreds of traders have used these cracked / hacked versions that simply don’t work properly. This has hurt the Forex Fury reputation, as many traders that use these versions that only half work still leave negative feedback, despite not using the right software. This new protection should help against this.
Backtesting – While strategy testing is still not recommended, as it doesn’t work with live data or time restriction, the team fixed some issues with this process.
Martingale Strategy – A new martingale strategy is now available that can be turned on / off, depending on your preference. This strategy requires that maxorders is set to 1. After a loss, the martingale strategy will increase the lots in the next trade in an attempt to recover the previous loss faster than ever before. Given the high win rate of the Forex Fury robot, this should be a viable trading approach.
Dynamic Retrace – This is another stop loss option for traders that don’t like the default stop loss or trailing stop option. I haven’t spent much time testing it yet, but I will provide full reports once I have completed it.
Long & Shorts – Now you can set the robot to trade only longs or only shorts if you have a certain strategy that works in conjunction with this approach, it’s now available to you.
On Chart Aesthetic – The software now looks different on the chart, so you can customize the look and feel of the Forex Fury robot.
V4 Trading Results
It’s really early, but the early performance numbers with Forex Fury are very impressive. With many requests from the community for more live trading accounts, the Fury developers are stepping up and providing them.
I’m really impressed with the Forex Fury EURUSD account. This account is up nearly 40% in just a month on a live trading account. This is a real gain of nearly $4000 on a $10000 account.
There are many more accounts being added every day, and all of them appear to be live, so the critics are really going to have to look long and hard for something to complain about now.
The second account being shown here is a V4 USDJPY trading account. Again, showing very impressive gains on a live trading account. The profit is over $4600 real funds on a $50000 account.
Well, that’s pretty much it for today. I’ll be back in another 3-4 months with another post, as that seems to be the schedule that I’m on.
I will go over the trading results again, as I’m really excited to see how all of the new live trading accounts pan out!
Hey guys, been a few months since I last checked in and I’m happy to say that Forex Fury is still performing very well on my accounts. Today, I want to talk about the new version 4 which is set to release in early 2021, or earlier depending on how fast the update shakes out. As of right now, most of the discussion is still about what features should be added, and it’s really a great question.
Forex Fury V4
How do you make something that’s already incredibly profitable, even better? Alright, that sentence makes me sound like a fan boy and I’m aware of that fact, but what do you want me to say? It’s literally the only robot I’m winning with in 2020.
So what should be added?
Well, there are quite a few good ideas already being suggested by the Forex Fury clients. Firstly, let me say that I think it’s amazing that the Fury team is willing to listen to their clients, and the Version 4 update already has 30 comments. Some of the most interesting update requests for me are the additions of a news filter, a failsafe SL, and a two stage trailing stop to lock in longer wins. There are many other great ideas, but I’ll leave it to you to go to the Fury blog to check them out for yourself.
While I am excited about the free update to V4, I’m very happy with the current performance.
This GBPUSD account is showing a strong gain over 724% with a very low drawdown of under 14%. This is the exact type of result I’m always looking for. A stable gain, with the ability to make aggressive gains when necessary. There are many other accounts, as the software continues to perform well on a bunch of different currency pairs.
The pairs I like most right now are made up of:
I see that the Fury team put together a two pair account, but I still like one pair per account as that’s when the software performs well and always has. If you have two pairs that are performing very well, then just upgrade to DIAMOND, and double your Forex Fury profits.
I am excited for V4, but I am very happy with how V3 is performing. I don’t imagine there will be any major strategy changes for this version, but some slight market updates and a few new features.
There is no reason for major changes, because Fury is performing very well.
Just thought I’d put together a quick blog post for you today letting you know that Forex Fury is continuing to perform very well. In my research I’m seeing some impressive client accounts up 600% in just over half a year. I imagine these accounts are using higher risk than most, but with gains of 600%, I doubt anyone is complaining.
Forex Robot Nation also put out a helpful video that’s 10 minutes long showing the progress of the Fury software, and how it’s being used in 2020.
Forex Fury Video Review
The video is great, it goes through many different aspects of the software, and let’s traders know what they can expect moving forward. In my last blog post I discussed V3, and this version is showing a lot of promise to this day. In fact, it’s a bit of a god send that V3 came out when it did, because it provided a new Range Detector feature which has been incredibly effective at dealing with the tough market conditions COVID 19 has brought about.
One thing I notice when talking to Fury members is that most of them have never read the Forex Fury About Us page. This is a very important page that should be read before purchase. It goes over the Fury strategy in detail, giving traders more insight into why the software aims to open trades during just one hour a day. It also covers all of the different trading parameters which is perfect, because you should know everything about the software.
I also recommend reading the blog, because when your money is involved, there is never too much information. The more you know about the software, and the more tests you do, the more you will accomplish in shorter time.
I’m keeping it short and sweet today, so I hope that this information serves you well, and that you continue to prosper with Forex Fury.
Thanks for stopping by, and good luck with your trading.
Hey guys, this is my first blog post of 2020 and it just happens to coincide with the first Forex Fury update of the year. Now on version 3, the developers of the fury software continue to look for ways to improve their service and help their clients achieve a high level of success. The purpose of this blog post today is to go through some of those changes and let you know my opinions of each. There is quite addictive breakdown so I think it’s best that I just jump right into it and begin my analysis.
Forex Fury V3 Free Update (2020)
Along with the normal market updates, the Forex Fury robot added 3 new features. These features all came recommended by some of the most successful Fury clients, and were discussed in great detail on the official blog. I think it’s awesome that the fury development team are willing to listen to clients and knowledge their feedback in such a constructive way. So many developers in this market have huge egos, and they ignore even the most obvious ideas if they don’t come up with them themselves.
Range trading is one of the most important elements of the Forex Fury system, but until there hasn’t been a mechanism inside of the EA that’s been able to recognize these market conditions. Instead, the software has focused on time restricted trading to only trade specific times when the market is more likely to be ranging.
This new update comes with a function that can be turned on or off which enables the smart usage of the ADX indicator. The purpose of this indicator is to analyze market conditions, and only allow trading when the market is ranging. It’s an obvious addition, and one that should be considered for just about any automated scalping system on the marketplace.
I’m not totally sure if we will be able to increase the trading window by multiple hours, but it’s definitely something I plan on testing.
One Set of Trades Per Day
The second update that I’m dying to try out is the ability to set Forex Fury to only trade once per day. In my experiences with this system in the past, I have found that when the software opens up a 2nd set of trades, this set of trades often lost.
So they should mitigate risk a fair amount, and it’s definitely something I plan on utilizing immediately.
The last update is the reverse strategy which basically does the opposite of what Forex Fury does now. I really don’t see much use for this feature because I like the way Fury trades, but I guess if you have a specific trading account or pair that does nothing but lose, you can certainly test out the reverse strategy feature.
All in all, I’m very happy with the update, and I’m very happy with the Forex Fury software in general.
I hope that you will check back with my blog soon, as I plan on testing some of these new features and adding some Myfxbook accounts to demonstrate my progress.
My goal here on this Forex Fury blog is to always focus on how you can become a better trader. Don’t sit back with default settings and think that your job is done. Sure, you can find success with the default approach, but you should not stop there, it’s just the beginning of your journey.
Forex Fury Approach
There are a few things I always do when I am setting up a new Fury approach.
I install a bunch of MT4 instances. This will obviously vary based on how much your computer or VPS can handle, but in most cases a VPS around $20 per month should let you run at least 5 or 6 instances.
Then, I start setting up my accounts with different settings. I will test 1 pair on each account, 1 hour of the day, 1 tp, and 1 stop loss. These are all areas that can be adjusted, and small tweaks in this area can often have some pretty amazing results.
Elaborating on #2, there are many ways you can go about this. Often, I will run default settings on 5-6 pairs. Then, I will take the same 5-6 pairs, and try a higher SL on each. Then, I will take the same 5-6 pairs, and just try a different STT & ETT.
You can see very quickly how you can get to hundreds of different accounts very quickly, but don’t let that stop you or scare you.
How many accounts do you really need?
Honestly, you can do just fine running 5-10 demo accounts, and then picking the best demo account settings to go live. I usually run over 20, but I also have 3 live licenses, so I want to have many demo accounts running so that I have many hot streaks going at once that I can use on my live accounts.
Don’t think that your job is done just because you bought a Forex robot, even if it is the extremely powerful Forex Fury. Do your job, do your analysis, do your testing, and find an approach that is going to win you pips for the next 10 years while you sit on the sidelines and watch your account grow.