Forex Fury 2018 & Anti-Martingale

Yes, I know I might be looking too far forward here, but we are just a couple months away from 2018, so we have to start thinking about the future of Forex Fury. Many EA’s take years off, or disappear and stop performing over time.

I don’t think that’s going to be the case here, and there’s a few reasons why.

Forex Fury 2018

The first reason, is the fact that Forex Fury is providing new accounts, and new settings. When the EA was first released, the developers only provided 1 pair, GBPUSD. In the past three months, they have added a EURUSD, and  USDJPY. My favorite is still the GBPUSD account, but these new accounts prove that you can spread the risk, and it gives us a back up plan. If GBPUSD doesn’t perform as well, then we can put more money into these other pairs as a way of diversifying.

I’ll link you to the accounts here, so you can take a look at them yourself.

EURUSD Account

USDJPY Account

These two accounts show some modest gains so far, and I’m really excited about 2018 with what they have in store. I’ve also talked closely with the support team, and they tell me that we should expect even more accounts, with different time settings, and pairs. I’m extremely pleased with this continued development. This is looking more and more like a long term investment, which is exactly what I’m interested in.

Anti-Martingale Strategy

You’re probably wondering what this is all about. Well it’s a little off topic, and not Forex Fury centric, but this is a trading approach that I frequently employ, so I was hoping I could share it with you. So, with that being said, enjoy.

anti-martingale-forex-fury

The Anti-Martingale strategy is as it sounds the opposite of the Martingale Strategy. Instead of doubling your risk every time you lose you will half it and double it when you win. The assumption is that it is better to capitalise on ones winning streaks than on the losing streak, building on the term “let your profits run and cut your losses short.

There are a few points to keep in mind with this trading system:

  1. By doubling up your risk on every winning trade you increase the chances of taking a big loss that will wipe out all of your profits if you do not couple it with a risk reward ratio greater than 1:1.
  2. Losses will incur during periods where you incur a loss after every win instead of a streak and you do not have a risk reward ratio of at least 1:2.

Example in a system of taking profits at a risk reward ratio of 1:2
Assume that you have $100.

The first trade you place risks $10 and is a winner, risk reward of 1:2, you profit $20. You then double your risk to $20 on the next trade and you win again taking profits of $40. You follow the same process for your third trade which also wins. However your 4th trade is a loser and you lose $80. Your account balance is now $160.

This money management strategy is better at taking profits than simply always risking the same amount for every trade but the downside is that when a draw down does occur it will be quite a big one, fortunately the system caters for that by halving the position sizing and therefore decreasing risk rapidly.

Another scenario would be to include the winning and the losing streak and see the effects it has on your profits.

Example:
Assume a risk reward ratio of 1:2, an account balance of $100 and consecutive wins to consecutive losses are 4 to 3 respectively.

The first trade you place risks $10 and is a winner, risk reward of 1:2, you profit $20. You then double your risk to $20 on the next trade and you win again taking profits of $40. You follow the same process for your third and fourth trades which also wins. Your account balance is now $400.

Your account then incurs the 3 expected consecutive losses for which you halve the risk after every loss keeping a risk reward ratio of 1:2.

The strategy will even hold up in a scenario where instead of having a run of consecutive wins and losses you incur a one for one ratio as shown in the graph below.

Assume a risk reward ratio of 1:2 and account balance of $100.

The key to its success is a positive risk reward ratio of at least 1:2.

Conclusion

The Anti-Martingale strategy is considered to be better than its nemesis the Martingale strategy because it don’t increase your risk exponentially as well as not incurring massive drawdowns.

The Anti-Martingale has the added benefit of not being a suicide bomber and ending your account in a single trade.

Can this be employed with Forex Fury in some way? Let me know what you think.

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Forex Fury Review Update

fury-boxAs we make our way to the back end of 2017, Forex Fury continues to roll and find ways to win trades. Today I just want to update you on my successes and failures with the fury software so you know where we stand as we are moving closer and closer to 2018.

First of all, I will say that I do believe that the fury software will continue to win well into 2018, because this strategy is frequently updated and built for the long run. I have used many Forex expert advisors in the past, and so many of them have never worked for longer than 3 months. In this case, fury has been working very well for over 2 years now, and it really deserves our attention.

Fury Review Update

There was a loss on the main account just over 2 weeks ago. This loss should have been a 29 PIP loss, but because their servers were down, the loss was much larger. This was only an issue for the Forex Fury developers. All of their clients did exit the trade normally, so there were no major consequences.

The only reason I bring this up, it’s because the Myfxbook account is now showing a large loss that is not connected with the software in any way.

So, this is good news.

Video Review

Just the other day I came across a very helpful Forex Fury video review, so I figured I should share it with you now. Check out this video and it will better explain the ins and outs of fury. This is a great video for beginners to get a better understanding of how this all works.

Strategy Update

The Fury EA is utilizing an advanced scalping mechanism. The system takes advantage of the market when it is ranging, which allows for very easy wins. The robot opens trades between 4-5PM EST, which may seem like a very short period of time, but this allows the software to be extremely accurate. While many other systems are focused on to wider spectrum. Fury’s advantage over the competitors is that it is focused on just one thing alone.

I want to thank you for checking out my review today, and please make sure that you check out these other fury resources.

Fury Resources

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Forex Fury 2017 Breakout Year!

forex-fury-top-left-logoI know that it’s been quite some time since I posted in this Forex Fury blog so I figured it’s time for a full update. In this update I will tell you exactly how the robot has been performing for me over the past year, whether or not I still recommend it and what we can expect moving into 2017.

2016 Analysis

2016 was a very important year for me and the Forex fury robot. The EA performed admirably for over 90% of the year and has helped supplement my income dramatically throughout this period. There was one issue with the software during the GBPUSD Flash Crash when the Sterling dropped 6.1 percent in minutes during Asia hours. The EA had a very hard time dealing with this flash and it caused multiple losses thankfully, fury recovered very quickly over the next few days but I wouldn’t be doing my job if I didn’t report every angle.

Recent Results

Aftermath

In my discussions with Forex Fury support we came to many of the same conclusions. We decided that the Forex fury robot needed to learn from the flash crash so that if it ever happened again there would be no issues. I emailed back and forth for over a week suggesting different ideas and they were very receptive to my thoughts. With other software vendors in the past, my thoughts and suggestions have been shrugged off immediately. This is the first case where I actually felt important and part of the solution. In fact, the developers of fury gave me an additional free live license and upgraded me to their diamond package because they ended up using some of my suggestions. I am quite proud to be able to provide assistance for such a comprehensive and successful trading robot.

Forex Fury 2017

The aftermath plays directly into the success of Forex Fury in 2017. I truly believe that fury will perform better in 2017 that it has in any other year. Due to the fact that the developers are consistently modifying and updating the software to current market conditions, I see no reason to expect anything but major success.

If you are a Forex robot trader and you have not yet tested the theory EA than I suggest you jump in early January and grow your accounts the way I have over this past year. If you have anything to add leave a comment and make sure that you check in from time to time with the people at Forex Robot Nation for their tremendous Forex Robot Reviews.

Fury Continues to Roll

After a trying holiday period I had my doubts about Fury’s long term viability.

Yet, here we are coming off two straight months of winning trades.

Turns out all we needed to do was make a small adjustment to the settings and now we are winning again.

Take a look at my latest results with this Forex Fury 1K account.

I’ve almost doubled the account in just a month.

The Forex Fury Testimonials on Forex Peace Army are also very impressive. As I write this I can see that there are 9 testimonials and they are all 5 star ratings.

One of my favorite responses comes from Patrick from Cork, Ireland. He says:

“I have to agree with the crowd here, Forex Fury has done very well for me.

I started with one license and now I have three because I spread my risk over three different brokers. I never thought I would trust an EA but here I am with over 100% on all three live accounts.

Thanks to Fury support for helping me get to this point.”

There are many other positive Forex Fury accounts here and that’s good news moving forward. I hope you keep winning and believe that you will.

Forex Fury in the New Year (2016)

It’s been a great half a year for Forex Fury but we are at the point now where we have to wonder what’s next for this system and whether or not it’s going to be able to maintain profitability.

I’ll tell you one thing, I believe in Forex Fury.

The strategy for this system is simple but smart. As long as you use Fury when the market is least volatile, and that’s the strategy they have implemented then you will always win.

We have only seen two losing periods from the Fury software so far. The Greece crisis and the Christmas holidays. Both of these periods shouldn’t be traded and all of my readers and even newer traders know this. The Forex Fury team also put a warning in their members area so we knew to avoid these trades.

As for 2016, I really feel this is going to setup as a great year for Fury. The system is growing strong day by day and the markets are not very volatile at all moving forward.

I’m going to leave you with the results PeteFX has had with Forex Fury as motivation.

Pete has taken has done very well using Fury on default settings with his live account. Pete is a client of Fury and is not associated with them 100%. I have talked with him to confirm this.

2016 is the year of Forex Fury, I’m sure of it.

 

How Forex Fury Saved My Forex Trading Account

forex-fury-top-left-logoMy name is Ian Rasmus and I just started trading Forex. I have been hearing a lot about the Forex market. Many of my colleagues are saying that it is one of the best and most dynamic asset classes out there. I am used to investing in mutual funds and UITF. I also have a little trading experience in the stock market. They told me that the huge difference between the Forex market and those aforementioned is you can earn profits whether it is an up or down market. More importantly, they told me that I could earn profits faster compared to stocks and mutual funds. I decided to give it a try since I love investing, and I know that if I get the results that I want, I will stick with Forex.

My colleagues advised me to open a demo account to get a feel of the market. After some research and self study, I thought I was ready to trade on a live account. I was wrong! Forex is so dynamic. It moves way too fast for my skills. My inexperience resulted in constant losses. I blew one account after another. I was on the verge of giving up.

Forex Fury Review

As I was doing my research on the Internet and I came upon an automatic trading system that helped me in my Forex trading. It is called Forex Fury. It is an expert advisor or more commonly known as a robot. I learned that it will automatically do the trading for me. I just needed to install the software and within minutes, the trading started.

Forex Fury Results

With such impressive results I knew I had to try, see what I mean:

I was skeptical at first, I thought it’s too good to be true. I struggled with my own trading, what difference could Forex Fury make? Yet, I was determined to recoup the losses I incurred. I knew that if this robot could deliver its promise, I would be in a good spot to take back my losses and even gain more from using it.

I visited their website and contacted their support team. I would like to know more about this robot. I really wanted to give it a try. Their support team was really helpful. Kudos! They told me that if I am not comfortable using it on live account, I can use the software on demo account to observe its performance.

I ran the software on the demo account of their suggested broker. After three weeks of observation, I saw my demo account earn as much as 20%! That is really cool! I thought this is the answer to my early Forex troubles.

After running on demo account, I immediately purchased the robot. I was confident that it will perform positively. However, I was still a little bit concerned that it may not deliver the same result that it did on my demo account. After a month of observation, my doubt was easily erased. It earned me a profit!

I have been using Forex Fury as my expert advisor for a few months and it has given me positive results. If this trend continues, I could easily recoup my losses.

I will definitely recommend this new Forex robot, especially to those who are new to Forex trading like me.

Welcome to My Forex Fury Review Site

fury-boxHello everyone! I am Ian Rasmus and I’m here today to introduce you to my Forex Fury review site.

Here you will find all my experiences with this Forex robot from start to finish. I generally write once or twice a month, but if I get busy don’t mind me I’m doing my best.

I’ve been interested in automated trading systems since 2010 when I got involved with megadroid and fapturbo. Since, these software don’t interest me as they are outdated and unreliable.

Three months ago my trading group was approached by a developer and was given early access to Forex Fury. I’ve been testing it ever since and my results have been outstanding.

With this blog I hope I can become a better trader and inform my readers of the best ways to earn using automated solutions.