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My name is Yee Meng. I started to get involve in forex trading since 2009. Shortly after few months of exploration in forex, I made a decision to go full time in Forex trading as a career back in 2009, leaving by IT software house business & my day job.
I thought it was going to be easy, but it wasn’t. Seriously, it wasn’t easy at all. There is no shortcut and trading requires so much of effort to make it a profitable career. First 2 years of my forex involvement is not a sweet years. I spent countless of hours to crack the code of forex, hoping I could generate millions of dollars from the market – but nothing happens, haha. Instead of making millions, I lost a big portion of my savings.
By the end 6 months, most of my friends that we begin out trading together had decided to give up and return to the day job. Me? Fed unsatisfied I continue to research to find profitable forex strategy.
In the end of 2009, I met a company ESA trader. They offer forex robot system, and they had a server parked next to my server in MIMOS, Johore Bharu. They placed their automated trading bots in the datacenter and run it 24/5 to make trade decisions for them. I thought that was a brilliant idea, i could just place my money with the automated trading bots and have my money grow automatically. Experience with them wasn’t a good one either, their EA (EEEA) was profitable for first 2 months end of 2009, and then it started to crash and my account begin to take stop loss one after another until my account go burst. I got pissed off, and then I begin to code my own MQL automated trading in 2009.
After 2 years of testing and coding, I finally came up with some working version of robots. Coding robot doesn’t seem as easy as it is. It requires huge amount of time in testing and debugging. It takes 2-3 days to come up with an idea and 2-3 days to code it into MQL (Expert advisors). However, testing the executions on back test data and forward test requires considerable amount of time. A minimum of 1 year forward test and 10years back test is required to stabilize a version of EA, not to mention many many bug fix revisions after the initial version.
Today, I want to introduce an automated trading system which I develop in early 2011 – M2 System. I called it M2 system because it was the second prototype of martingale EA I developed. Previously I was using this system just for myself, now i intended to offer the system to other forex trader community as well.
The M2 system is a hedging martingale EA incorporated with a 2 layer market direction filter which I developed myself based on Elliote Wave theory. The engine behind the M2 system is very simple and yet very effective against the market conditions. Draw down are very controllable and the system would not killed by a strong trend movement or unstable correction market condition.
Let me explain the theory behind the M2 system,
M2 opens buy and sell at the same time. Each time of execution, 2 orders are being opened (hedged).
Next, there are 4 scenario that may happen.
Scenario 1: The market price went up, the Buy order takes profit and the price comes down and the sell order takes profit. Then it open another set of new trades.
Scenario 2: The market price went down, the Sell order takes profit and the price goes up and the buy order takes profit. Then it open another set of new trades.
Scenario 3: The market price went up, the Buy order takes profit and the price continues to go up. The Sell order will then hit stop loss. Next set of orders will be opened to offset the stop loss of the Sell order earlier. Here is where the critical part comes in. Instead of a blind martingale whereby the orders are open according to fix algorithm, the M2 system will open a bigger position based on the current trend strength computed by the Elliott wave trend filter1. Elliote wave trend filter2 will kick in if the first few orders performed by filter1 does not take profit.
Scenario 4: The market price went down, the Sell order takes profit and the price continues to go down. The Buy order will then hit stop loss. Next set of orders will be opened to offset the stop loss of the Buy order earlier. Here is where the critical part comes in. Instead of a blind martingale whereby the orders are open according to fix algorithm, the M2 system will open a bigger position based on the current trend strength computed by the Elliott wave trend filter1. Elliote wave trend filter2 will kick in if the first few orders performed by filter1 does not take profit.
Here is the real live illustration of the Elliott wave trend filter.
Illustration: the Buy order 0.60 stop loss, the EA opens a Sell position at 1.80 and take profit.
Illustration: the Sell order 1.80 stop loss, the EA opens a Sell position at 5.40 and take profit.
Therefore, this is not another dumb martingale EA whereby it will blindly open more orders against the initial lose and stack up the losses. The M2 Elliott wave filter will calculate the direction of the price surge technically and engaged accordingly.
Most of my clients would call this a SURE WIN system. Oh well, I would not offer such a guaranteed though, but my system hasn’t take a lost since its creation in 2011. It has been winnings for years, and I sure hope it will continue to perform that way for years ahead.
Please take your time to login to my live account running this system on your pc or mobile phone to understand how this system works.
Ok, what’s the deal today?
I have made the system available to T1FX.com paid members. For a limited time, till March 2013 you could join us and use this system without paying for member fees. All you need to do is to open a live trading account and fund it with the desire amount of trading capital of your comfort (min $500 – $30,000). We will run your account with M2 system from our servers. You could just sit back relax and watch your account grow everyday from your mobile phone or computer. What we earn; we will earn a $0.02 per 0.01 lot order closed in profit in your account using my M2 system, no commission for losing trades.
To give everyone a confidence in the system, I have funded 2 fresh accounts, a $500.00 account and a $30,000.00 account using the exact system. If you use the system, your account will take the EXACT same trades as my account.
Watch M2 perform live here:
What you could expect from M2 is approximately 10% return on your funded capital per month. You could start with a low as $500.00, up to $300,000.00 per account.
If you decided to join me and start making money from forex using the M2 System, you could proceed to follow the steps below.
Email me at y e e m e n g @ g m a i l. c o m to obtain the detailed step by step sign up guide.
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