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Review "FOREX ESPIONAGE EA"

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1 Review "FOREX ESPIONAGE EA" on Sun May 31, 2009 6:48 pm

Admin

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Admin
A new Forex Trading Robot "FOREX ESPIONAGE" is being released on the 2nd of June.
You can get furthere details from here:
http://d69c39z70n5-g00c-klhth4kax.hop.clickbank.net/?tid=ESPIONAGE

Once you have used it for a week, please post your Reviews here.
Thanks.

Maria

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2 Re: Review "FOREX ESPIONAGE EA" on Tue Jun 02, 2009 2:12 pm

I was reading Steven Lee Jone's blog and one of the questions fielded was, "Will there be in any surprise extras or advanced versions during the purchase?"

Well he said "no," but guess what? There is an advanced version.

It costs an extra $77.00

Now in the past I've played around with some of the web pages of other EA's and was able to get the "advanced version" for no extra cost by altering the address somewhat, but I was not able to figure it out in the case of Forex Espionage.

Does anyone have the link for the advanced page?

As far as the regular Forex Espionage goes, having used the strategy tester, I found that it does work on it, but there are not that many trades, since it is recommended to use on the 4-hour chart.

So I ran a strategy tester for the 30-minute and it did a little better.

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3 Re: Review "FOREX ESPIONAGE EA" on Tue Jun 02, 2009 2:44 pm

Admin

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Today I have purchased the "FX Espionage Robot".
Its very modestly priced at £60.00

Here is the link to their Sales Page:
FX ESPIONAGE

It is recomended to trade the EUR/USD pair on 4Hour Time Frame..

I have placed it on my Live Account and I am also going to open a fresh Demo Account and apply it to EUR/USD and GBP/USD all time frames.

I will post my findings here by the end of the week.

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4 FX Espionage on Wed Jun 03, 2009 5:03 pm

Hi Admin, I would be very interested in seeing your results on the Demo account using FXEspionage on EUR/USD and GBP/USD using all time frames. I am currently using it on a live account with the recommended EUR/USD H4 and it has been running over 34 hours without a trade yet. Trying to be patient... Michael

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5 Re: Review "FOREX ESPIONAGE EA" on Wed Jun 03, 2009 6:51 pm

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Forex Espionage did not pick up any trade today.
Lets hope it will pick up at least one trade by the end of this week.

I have it on 4Hr EUR/USD Live account
and on Demo Account as follows:
GBP/USD Daily
USD/CAD 4Hr
EUR/USD Daily
EUR/USD 4Hr
EUR/USD 1Hr
EUR/USD 30Min
EUR/USD 15Min
EUR/USD 5Min
EUR/USD 1Min

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6 FX Espionage on Wed Jun 03, 2009 7:34 pm

Hi Admin,

I sent a message to Steven (the guy in the Espionage video) and just heard back from him. He said it will only trade when conditions are right (maybe only a couple times a month) and I said I understand even though that is pretty much the opposite of his sales page (sales page stated it trades almost everyday). Also, one of his criticisms of the other robot creators is they do not trade often enough, only a few times a month (this to was mentioned in his sales page) but now he is saying the same thing about FX Espionage. Already starting to get that odd feeling, hope I am wrong. I will give it until 1st or 2nd week of July and if I am not impressed it will be time for a refund. Talk to you later... Michael

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7 Forex Espionage EA on Fri Jun 05, 2009 9:32 am

mef1 wrote:Hi Admin,

I sent a message to Steven (the guy in the Espionage video) and just heard back from him. He said it will only trade when conditions are right (maybe only a couple times a month) and I said I understand even though that is pretty much the opposite of his sales page (sales page stated it trades almost everyday). Also, one of his criticisms of the other robot creators is they do not trade often enough, only a few times a month (this to was mentioned in his sales page) but now he is saying the same thing about FX Espionage. Already starting to get that odd feeling, hope I am wrong. I will give it until 1st or 2nd week of July and if I am not impressed it will be time for a refund. Talk to you later... Michael

I've read over a lot of the info and blog posts about this EA and I got the impression that there is one version that trades long-term and has few trades, and a second version that trades multiple times daily and at no extra cost. Is this incorrect?

Jack R.

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8 FX ESPIONAGE TURBO ! on Fri Jun 05, 2009 10:04 am

Admin

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Hi Jack,

Yesterday Steven sent us a newer Version that trades on the 30 Minute Time frame.
Its called FX Espionage Turbo.

This morning it made a quick 55 pips profit selling EUR/USD.

So far so good.

The original FX Espionage EA (on 4Hr Timeframe) has not picked up any trade yet.

FX ESPIONAGE


Maria

View user profile http://www.britrade.co.uk

9 Forex Espionage... on Fri Jun 05, 2009 10:14 am

Hi Jack R.,

It is correct, I purchased Forex Espionage on 6/2/09 (official release date), and had it up and running on the EUR/USD H4 (H4 = four hour chart) (with the smiley face) by 9:00 A.M. (EST) same day. I emailed Steven (creator of this EA) on 6/3/09 stating it has not made a trade yet (see my earlier posts) and he stated it will only trade a few times a month. Then, on either 6/3/09 or 6/4/09 (can't remember exactly) he sent out another email saying he is giving away "Espionage Turbo" free to all current clients/customers (supposedly this EA will trade much more often, several times a week at least). Anyway, I also downloaded/installed the Espionage Turbo on the EUR/USD M30 (M30 = 30 minute chart) and again got the smiley face indicating all is set-up and running properly, EA's are supposedly looking for trades. Well, here we are on 6/5/09 at 12 noon EST and I still have not received a single trade on either the "Forex Espionage" or "Espionage Turbo". So far, not impressed. It is not going as stated in the "Sales Page", sound familiar? FYI: I currently have installed on my MT4 platform (in my experts folder) no fewer than 15 EA's so I am very familiar with the proper installation and set-up of EA's. Besides, I got the smiley faces on both of the above mentioned EA's! Anyone else having problems in regards to no trades on these EA's? Talk to you all later - Michael...

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10 FX Espionage Turbo on Fri Jun 05, 2009 10:46 am

Admin

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mef1 wrote:Hi Jack R.,

It is correct, I purchased Forex Espionage on 6/2/09 (official release date), and had it up and running on the EUR/USD H4 (H4 = four hour chart) (with the smiley face) by 9:00 A.M. (EST) same day. I emailed Steven (creator of this EA) on 6/3/09 stating it has not made a trade yet (see my earlier posts) and he stated it will only trade a few times a month. Then, on either 6/3/09 or 6/4/09 (can't remember exactly) he sent out another email saying he is giving away "Espionage Turbo" free to all current clients/customers (supposedly this EA will trade much more often, several times a week at least). Anyway, I also downloaded/installed the Espionage Turbo on the EUR/USD M30 (M30 = 30 minute chart) and again got the smiley face indicating all is set-up and running properly, EA's are supposedly looking for trades. Well, here we are on 6/5/09 at 12 noon EST and I still have not received a single trade on either the "Forex Espionage" or "Espionage Turbo". So far, not impressed. It is not going as stated in the "Sales Page", sound familiar? FYI: I currently have installed on my MT4 platform (in my experts folder) no fewer than 15 EA's so I am very familiar with the proper installation and set-up of EA's. Besides, I got the smiley faces on both of the above mentioned EA's! Anyone else having problems in regards to no trades on these EA's? Talk to you all later - Michael...

Hi Michael,

On the contrary, FX Espionage Turbo made me earn £550.00 today.

At 10:30 (UK Time) this morning it placed a Sell Limit Order at 1.42035.
The market at that time was trading at 1.41805

Later when the Non Farm PayRoll Data came out at 13:30 the order was triggered
and at 14:52 it exited at 1.41485 with a profit of 55 pips

I am happy so far with the FX Espionage Turbo.

Have you checked your settings?

Here they are:

SETTINGS :
Lots = 1.0
Risk Management = false
Risk Percent = 10
Hedge = false
Magic = 9958433

Maria

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11 Espionage Turbo... on Fri Jun 05, 2009 10:54 am

Hi Maria,

Again, I am happy you made 55 pips. At one standard lot you made a pretty penny. My settings follow:

Lots: 0.1 (I changed it from default to this)
Risk Management: True (I changed it from default to this)
Risk Percent: 1.0 (I changed it from default to this)
Hedge: False
Magic: 3333333 (I changed it from default to this)

Maybe I should go back to the default settings and give it another try?

Michael

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12 FX ESPIONAGE TURBO on Fri Jun 05, 2009 4:59 pm

Admin

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Admin
Hi Michael,

Perhaps changing the settings prevented the Robot from trading.
Set it to the settings I have.
Only change the lot size to 0.1
and see how it goes.

Maria

View user profile http://www.britrade.co.uk

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