Saturday, February 9, 2013

Forex 1000 Pips Rita Lasker | Did She Finally Get It Right?

Hi guys, here is yet another Forex EA from Rita Lasker. Here you will find the usual colorful webpage, but did she finally get it right with this one?

This EA appears to trade the Eur and Gbp on the H1 time frame. What I like about this one though compared to her other experts is that it follows Fibo retracements to close out trades. I should also mention that it is a trend following system as well.




"Ideally, Forex1000pips is custom-made for traders, who prefer to trade from time to time. It’s for those, who don’t “submerge” themselves fully in the business of trading. It’s perfect for those, for whom it’s not so important to get exceptionally high, but episodic earnings, but for whom it’s highly desirable to have a STABLE income that would systematically take place on a continuous basis."


The statement above was taken directly from her website. I am not really sure what she means by "those who trade from time to time" I want something that trades good ALL THE TIME!

Aside from this my other major gripe from the new EA is the lack of an account from the vendor. I am not surprised at this as the vendor has not done this with her countless other Forex products.

I don't know about you but I bet there is a good reason why there are never any account to follow from this vendor.


Update: 2-18-2013 EA is off to a great start check the statement below!

Note: this account is trading 3.00 lots on a 10,000 account which equates to about 30% Risk per transaction!