Usman Maqbool / Perfil

Do you never sleep?

kkkk

Strong movement today

Hi
You've had 7 signals. Why one signal is deleted ?
What happened to him ?

Glad you asked. It was showcased account # 1. It was moved to archives by MQL5 because when you withdraw all the funds from the account, it can not be displayed in signals. $4,850.00 CAD deposited on 21 OCT 2015 and $11,174.57 withdrawn on 26 Feb 2016. Net profit = $6,174.57. Cheers.

Snapshot added in news feed from the archive.

yes through most of nfp since the start of signal account. all the other showcased accounts were trading through this morning nfp.

Hi Usman, - great to see an active and succesfull trader discussing with the subscribers. I have one question Usman, which i, - so far - cannot find an answer to ... What is the difference between your free signal, and the payed one ?

pmks - Thank you for your comments. There is no difference but as you might know that demo vs real price feeds are normally bit different and for that reason buys & sells can be triggered at different levels which makes the trades and results bit different. cheers !

This is the 9th consecutive policy decision where RBA left rates unchanged in its current easing cycle

Thanks for the update mate.

Your system looks good although it's martingale. I am using EA myself as well. I think the best results are achieved by combining EA with a human input and oversight

RBA decision in a couple hours.

Hmmm

Interest rates unchanged for the 11th straight month. Last month the aussie dollar weakened following similar unchanged interest rates.

I closed all, and lost U$ 138 ... Anyway, it´s good to learn! Thank you

Did you open it manually? Or do you have a broker with minimum 0.10 lot?

I opened manually 😁😁😔! But now I know that this not a jolking! 😔😜

He might defend the GBP.

Hey Usman, Haven't seen any updates from you since Tuesday. What's the latest news?

Dey Sto - Nothing is worth mentioning for now.

I totally agree with you Usman, I have noticed this and had lots of losses purely because you could not some times predict market volatility and most of the losses are due to margin calls , so if you have bigger account and use small lots sizes which gives a very huge buffer during volatility and huge swings and thus the losses are minimised and gains consolidated.
Most of the traders lose money because of smaller account sizes.
I have made some great signals and EAs will be soon in the market so please check them out.

Sorry, what do you mean with "even with the growth"? When your deposit growth?

yes

Ok, thanks for info.

Although its Martingale, it is a watched Martingale with the author deciding which way to trade and managing in times of draw down. I like this signal and the genuine responsive author

I'm a believer in this signal. Having said that, what happened yesterday scared me not because we lost money. That happens. But how we went about the trading. Usman, you're very good at predicting the general trend of pair. Whether using the SBB or whatever, what you do works because of your prediction, and coupled to the martingale. Last night you knew the BREXIT occurred "pound is getting pounded- we will stay flat for now." But for some reason instead of thinking that this pair (more likely than not) is going to decrease, you put it in the buy direction. Your response to Robert was confusing because you do directional grids all the time. You base them off the 30 day bands and analysis. That's why your signal is the best. To recognize this pair was going to take a hit, then going in the other direction doesnt make sense to me.
I'm also worried that after you then closed the basket last night bc the pair might drift down further, this morning you reopened the system buying the pair. No one is saying that it needs to be right all the time- the martingale allows us to profit even in the face of imperfection. But we have to use everything available to predict as best as possible the overall trend. Do you really think this is gonna go in the buy direction? If not, why dont we just have it in the sell direction?

Dominic - I appreciate your comments. Th eproblem is that gbp/aud is already too stretched to the downside and in oversold condition. If we look at fundamentals beyond the Brexit, UK central bank is still the second central bank in line with a possibility of rate hikes in the future and even if the central bank hints to reduce asset purcahse facility this year without the rate hike, GBP will rebound. Opening a directional grid (sellside) at this point has less chance of success then the buy side. Even if we get stuck in buy grid , it won't be massive downside and basket can book TP level on any decent retracement. Rightnow as I write our TP is only 56 pips away with only three small positions and it should hit TP very soon here.

Tonight is UK Inflation Report Hearings - If down played UK central Bank, we can be in more DD.

Please do not send individual messages regarding the current trades basket and DD as it would be too many message to reply with the same answers. Please follow the news feed here as it is visible to everyone and most people will get the answers. Do not panic. It's high risk high reward venture and I will try my best to close the basket as soon as possible. hold on tight and don't mess with the trades. thanks

I don't subscribe to this signal, but surely reducing the lot size and running it on two separate charts, one long and one short would mean some money is taken during drawdown. It may settle the nervous amongst the subscribers.

Thanks for this. I was going to ask you if you knew of any good web resources but didn't want to sound pushy.

any sign GBP will going up for 100 pips retrace??

We are kindly asking you to make any comment on today's trades 😐

So, will the trade from last week stop at a loss, or are you waiting it out?

GBP gets hammered today :<

请问，怎么至今我的账户没有成交？

Thank you Usman for your answer. So the table on the first screen is wrong. There is starting lot size 0,02lot at 3000USD

That answer my question too.

Guys - The table is for reference only. This would apply only if I start a new account and setup the initial lot size. Investors subscribing the signals through MQL have no control over setting the lot size themselves because it is automatically set by MQL5 system based on master signal balance VS Investor's balance and the leverage of the two accounts. (which is conservative and better).

[Excluído]

Very nice keep like this

Thanks Usman for looking out for us and always staying ahead of the news. Keep it up!

Dear Usman, I took your settings on a $ 1,000 account, but the trades are not copied correctly. If you buy/sell 0.02, 0.03 or 0.05 lots, my account only takes 0.01 lot each time... What is going wrong?

@raindrop: Yes it is.

Raindrop - IC Markets has one of the best ECN price feed and accounts. I have few on different live servers with IC markets and all works very well. 1.7 - 2.5 is typical spreads.

Thanks for replies.