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  • FX Viper Main Thread (FX Viper Updates)



    FX Viper is a 100% manual trader who controls over $12mil of personal funds and I have the pleasure of including his signals inside our forex trading room from today!

    He trades a short term breakout strategy predominantly on EURUSD, GPBUSD and AUDUSD.

    I don't want to get you too excited... But I have high hopes for this signal!

    I asked him to post a live account so that followers can feel comfortable that he has his own funds at risk. You can view his $100k live account here:



    I have a personal account following him on 2x risk:



    June 2014 Edit: I completed a documentary with FX Viper in June 2014. This details his trading, lifestyle and gives a sneak peak into what it takes to be a multimillion dollar forex trader.

    Would you like free lifetime access to our forex trading room?

    Open an account at Blueberry Markets and save the $97/monthly fee.

    Click here to find out more.

  • #2
    I would love to trade his signals already
    The only people who get hurt on a roller coaster are the ones who jump off.

    Comment


    • #3
      Agree with you ReQ - but choice of broker will be essential. Viper's strategy will leave many mirrored accounts trying to open a trade he has already closed. Maybe version 1.7 of the EA will help.

      Comment


      • #4
        I'm very much looking forward to seeing Viper in action when we launch him. A very talented trader and may well compete with the likes of FX Amp

        Comment


        • #5
          Launch

          Hello,
          I now itīs a little bit to early to ask this question, but when do you expect to launch the signal ?
          Are there some more information about this trader ?
          Best Regards

          Comment


          • #6
            Around a months time.

            Also if you want questions answered, just post them here and he'll get an answer right back to you

            Comment


            • #7
              Originally posted by WillT View Post
              I'm very much looking forward to seeing Viper in action when we launch him. A very talented trader and may well compete with the likes of FX Amp
              seems like a good trader !

              but we need to find a soulotion for the fast trades he takes
              also for fx amp - SUPER trader but i seem to get only half of his profits.. im trading on lot multiplier=1

              it is such a bummer not to get the exact amount of pips he gets
              i am now trying to move to a vps closer to my broker to reduce latency ... maybe this will help as well..

              Comment


              • #8
                Almost all trades are closed in less than 5-10 pips.. with the slippage of brokers.. I think it's very tough to profit from this forex copy service from FX Viper.

                Comment


                • #9
                  Armada has very low Spreads so it should work better with them.

                  Comment


                  • #10
                    Originally posted by blackhawkfx View Post
                    Almost all trades are closed in less than 5-10 pips.. with the slippage of brokers.. I think it's very tough to profit from this forex copy service from FX Viper.
                    I'm copying it across onto my own account without issue.

                    Once a lot of people join we may end up with issues similar to what is being experienced with FX Amplified. If that starts to occur we will close down subscriptions and offer the managed account again.

                    This trader is showing me that he really knows how to trade forex. I'm feeling more comfortable with his signals each week.
                    Would you like free lifetime access to our forex trading room?

                    Open an account at Blueberry Markets and save the $97/monthly fee.

                    Click here to find out more.

                    Comment


                    • #11
                      This trader seems very interesting, however at the current time of writing, your down on the trade. Entry> 1.30392. Non the less, I just want to verify... If he grabs 3-5pips per trade, but results in a massive DD trade for instance (50-60pips down or lost on a 2-5pips gain trade could be bad)... Would be great to see him do 2-3 trades a day with 7-10pips aim. Fingers crossed! We'll see. High hopes.

                      Comment


                      • #12
                        Trade has been closed for 6 pips profit. Yes some trades can go into draw down that is part of trading forex. At times I may add to a position to average down on my entry price. This trade closed with no worries. My plan for any trade is low draw down with steady gains. My target is 5-20 pips depending on news flow and price action.

                        Comment


                        • #13
                          Originally posted by FX Viper View Post
                          Trade has been closed for 6 pips profit. Yes some trades can go into draw down that is part of trading forex. At times I may add to a position to average down on my entry price. This trade closed with no worries. My plan for any trade is low draw down with steady gains. My target is 5-20 pips depending on news flow and price action.

                          Looking forward to seeing you in action FX Viper!

                          Comment


                          • #14
                            Originally posted by FX Viper View Post
                            Trade has been closed for 6 pips profit. Yes some trades can go into draw down that is part of trading forex. At times I may add to a position to average down on my entry price. This trade closed with no worries. My plan for any trade is low draw down with steady gains. My target is 5-20 pips depending on news flow and price action.

                            Hi Fx Viper,

                            Really look forward to follow your trades once it becomes available and thank you for taking the time for answering our questions!

                            Could you kindly let us know what has been the worst equity Drawdown your account has ever faced, and whether you could share with us a historical monthly return PDF report (something similar to Fx Amp) since you started trading Forex?

                            Comment


                            • #15
                              Hi everyone hope you had a good trading week. I keep getting asked in the trading room will my scalping work with simple trader. The answer is yes as I use a live master account with ATC Brokers which has a bit wider spreads than most retail brokers. A good example is Nicks account is on IC Markets and we all know lately IC has had some server overload issues causing poor execution. But my understanding is they are installing more servers. Anyway Nick's account has gained a few extra pips then my master. So this is a good example that yes scalping will be fine on your accounts. One more question I get asked many times in the trading room. Will I trade more and how many trades do I do in a day. The answer is I don't over trade. I only trade set ups that I think have a high probability of success. For example this week we had a ton of news flow. I stayed out of the market so I could sit back and access the market after the news. After today's NFP I was looking to buy the EURUSD at the 1.28 level for a bounce of 10 -20 pips but it missed my level by 6 pips. I won't chase a trade if it doesn't hit the level I think is safe to take the trade. I know how much news can effect a trade and I don't like to take on that added risk of trading through news . So some weeks I trade less and some I trade more. My goal is to be green at the end of each week. I personally live off my trading as my sole source of income so I can't afford not to continually make money on a consistent basis!!! Have a good weekend everyone.


                              FX Viper
                              Last edited by FX Viper; 07-05-2013, 08:44 PM.

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