Comments on: A Look At Straddle Trader Pro | StraddleTraderPro

By: Melvyn Burchell

Melvyn Burchell — Tue, 17 Sep 2013 12:57:47 +0000

I remember Oracle Trader from Dustin Pass… Seemed too good to be true… The software was fed a news feed that would automatically click on Buy or Sell on your platform dependent upon that news feed – perfect? NO! It never got filled with any broker I could find on the news spikes – every time with every broker I got requotes – so even though the sentiment of the price movement was predicted, the reality was that it just could not be execute the trade quickly enough. I have doubts that the straddle approach would offer much of an advantage with the large dynamic spreads that appear during news release time… The actual entry may well be towards the top (or bottom) of the spike and not at the straddle level – and then of course you have to exit the trade before the potential retrace – sounds more like gambling to me!

By: ganiyu tunde

ganiyu tunde — Thu, 22 Aug 2013 11:48:52 +0000

In reply to Abdulmajeed. please hw can i get this straddle EA?

By: ra

ra — Tue, 25 Jun 2013 16:17:13 +0000

whis the good broker for this?

By: Stu

Stu — Mon, 06 Aug 2012 14:58:19 +0000

Just started using this ea and on the breakout part of the system it has lost 14 out of 15 trades it has put on. I have increaded the SL changed the TP trying to get a place where it will win but it keeps losing. Hope the news EA works better. Right now my opinion is really low

By: Kevin

Kevin — Thu, 10 Nov 2011 00:04:38 +0000

In reply to Jonny. $20,000 sounds like a whale of a lot of money, Jonny, but it actually depends on how much money you started with. For instance, $20,000 is only 2 percent of one million dollars. What size account are you using to generate $20,000? Miker has already asked this and other valid questions which you have not answered. You also have not answered the basic question of what EA you are actually using. If it's a private one that's not for sale, just say so, but please answer the question.

By: Peter

Peter — Tue, 20 Sep 2011 19:06:37 +0000

Hi Jonny,
Really struggling thru all the hype and false promises, your results sound amazing any chance you can let me in which systems you are using???
Regards
Pete

By: Aiman

Aiman — Fri, 05 Aug 2011 21:52:14 +0000

Can you give me suitable broker to use this EA

putra_quezee@hotmail.com

By: Miker

Miker — Sat, 23 Jul 2011 13:14:48 +0000

In reply to Jonny. Jonny, $20000 per month, how long have you been using it for? what is the total amount in the bank? What is the max draw down. Generally, what you make is proportional, to what you have in your account, so comparing $4400 to $20000 is non-sense without knowning all these other factors.

By: PANAGIOTIS KALOFOLIAS

PANAGIOTIS KALOFOLIAS — Mon, 18 Jul 2011 11:52:50 +0000

In reply to Peter.

Hello Peter,i have the STP also but still i havent found a suitable broker..Please can you send me to my email the brokers you use?

kalpanos1@yahoo.gr

thanks!

By: ian

ian — Sun, 17 Jul 2011 22:46:26 +0000

In reply to Jonny. i am wondering what EA you are using....it sounds great. Would you mind telling me what one it is . Thanks

By: mIke

mIke — Sun, 17 Jul 2011 06:57:33 +0000

Bought this EA after release, Just been trying it on demo and so far hasn’t made a trade which is probably due to the lack of options this week, but according to barry’s blog there are some options this coming week which I’m looking forward to. So far all I can say is there support are great, had some issues (my fault) when I downloaded it and they were very quick replying. If you’re looking for a good broker I spoke to someone at gomarkets and from what he told me they dont freeze out news releases and their spreads are really competitive.

By: RH

RH — Sat, 16 Jul 2011 18:07:25 +0000

In reply to Jonny. Jonny…which EA are you using to bank $20,000 a month and where can I get a copy?

By: Jonny

Jonny — Fri, 15 Jul 2011 12:06:03 +0000

The thing that struck me first was that it is a news trader and most likely the frequency of trades does not justify its high purchase price. Peter stated that he made $4400. My EA makes me over $20,000 per month using pending orders and purely price driven and it executes over 100 trades per 24 hours. When I look for EA being marketed, the price has to justify its worth. And it has to make people willing to put out such money. News trading EA just does not inspire confidence among most people. It just does not inspire me either. From what I have heard from others, ForexHacked and even FAPTurbo will make you more money than this EA.

By: Roy

Roy — Fri, 15 Jul 2011 08:26:58 +0000

Thanks Peter, i just purchased STP and still getting familiar with it. However i am having some hard time figuring out how to configure the STP interface at the time of news release. If you dont mind, is it possible that you may kindly give me your email or msn privately since i got much to learn. my email is roy429@gmail.com.

thanks a lot and will share my STP results with you guys.

By: JB

JB — Thu, 14 Jul 2011 16:55:20 +0000

In reply to Peter. thanks, Peter. Am interested in STP as well but wondering if you could recommend a few suitable broker for this EA.

By: Peter

Peter — Wed, 13 Jul 2011 23:34:35 +0000

Barry’s EA works just fine. I’ve been using it for over a month now and I’ve made $4400 off it. To me it is the most legitimate forex trading EA I’ve ever used, and I’ve used a bunch of them. The statement you made, “Remember that most brokers raise spreads during major news events making profits off them much harder to come by. So unless he plans to attack the smaller, yet harder to read news events then Barry may have his work cut out for himself.” Barry doesn’t have his work cut out for himself. There’s enough trades each month to make a lot of money, as I have. The trick is finding a good broker that will fill the orders STP generates.

By: Abdulmajeed

Abdulmajeed — Tue, 12 Jul 2011 01:56:03 +0000

Great review.
I’ve been getting a lot of advertisement for this strategy on my e-mail from a Forex Newsletter I’ve subscribed for a while ago. I was really wondering what it is but I didn’t bother reading all the things on their site.

Keep ’em coming & I salute you for your excellent work.