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Friday, October 21, 2011

GPS Forex robot team lies

This is a follow up on my previous article which you can find here.

On Monday May 9 there was a sell off in the EURUSD pair late in the day. Given that GPS only goes long EUR it had a hard time and lost its trade miserably, -88 pips. The entry was at about 1.4375 a few seconds after 7pm Eastern Time.

Now if you go to this link
http://www.mt4i.com/users/gpsforexroboteu You can check Antony's trades with the GPS robot. One of the programmers of the robot which "supposedly" publishes real and legit stats.

Interestingly he didn't report the loss that took place that day.
Since he lives in Europe the date/time differs a bit, so for him the trade was
order ticket 115848218 2011/05/10 01:00:00 Buy 3.00 EURUSD 1.43583

Which by the way he won!
Now how come he entered at 1.43583????
EURUSD was not even trading at that price at that moment???
mmmmmmmm. You can easily verify the price of EURUSD at 7pm Eastern time, Monday May 9, 2011 on any charting software and you can easily confirm what I am saying.

This only shows two things:

1- The stats at http://www.mt4i.com/ can be faked and there is no guarantee they are real.

2- The guys that built/support the GPS forex robot are just excellent SCAM Artists! You have been warned!

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