EA's Updated

Hi Everyone,

I recently had all my Ea's updated for ECN and 5 digit brokers.If you have copies of Swap Collector or Spirit Mentor Course Ea then please send me an email to spiritup05@gmail.com with a return email and I will get the newest copy to those that bought the Ea's.
You must have taken the Spirit Mentor Course to get that EA and you would have purchased Swap Collector to get that update.All other Ea's I have are private and you would not have them.
Thank you and happy trading.

Regards,

David Lockwood

Account Update

Hi Everyone,

Just a quick update.You can all follow the 7 majors by logging into Forex.com and using

account login: 90243625
Password : ur6qqih

It's presently plus $105.00 as I write. Each pair is set up with 6 max orders and 10 cents a lot.The target was just set for the remaining 3 trades of 6 max orders and they will continue to cycle.

Regards,

David

Thoughts for the Day

Hi Everyone,

Attached is a screenshot of where the 10 pair account is this morning.A big improvement over last week.Cycles sometimes can get very big.The amazing stat is that for 10 pairs,200 trades active that even being over leveraged the account handled it very well.
At this point the equity is $2560+ and the balance is $15025.83 from a $10,000 start in July.In this screenshot you can see that swap collection is +$52.90 while we are waiting for the cycle to come full circle.
In version 3,you would be able to protect your balance from going below the $10,000 start but as I said before that would compensate the returns.The plan again is to choose 2-4 pairs and apply a small max order at 10 cents and let it build.Closed targets have averaged between $1.00 and $10.00 and were close to $5000 in closed profits.Trades never exceeded 20 cents a pip.The point is,the Swap Collector can return you a nice on going income stream with pennies.

David aka spiritfriends

Update for the 10 pair

Hi Everyone,

Well summer around here is officially over.Last day for the CNE... the kids go back to school tomorrow and it's time to get serious about work again.I hope everyone enjoyed their time off this summer.
If there is one thing I would like everyone to understand in regards to my 10 pair swap collector it would be the word "over leveraged".I'm still sitting good and the account has come back 50% since last weeks draw down.Profit is still good and trades are still reaching target everyday adding to the balance.The message though is to choose a few pairs at low max orders and small pip size and you'll be able to build a nice amount each month for your account.
Everyone doesn't like draw downs especially big draw downs.I'm the same way but never adjusted the account because I know my Ea and although the cycle went deep this time because of about 200 trades active all at 20 cents,it's still doing nicely.
I will be doing a video update on version 3 and other key factors for being successful with the Forex Swap Collector so keep coming back for the posting.

David aka spiritfriends

Vacation Time

Hi Everyone,

Just a quick note to say that I am on 2 weeks vacation at the cottage but will still reply from there or send EA's if purchased.Both the 2 and 10 pairs are in draw down presently because they both have gbp/jpy and other yen pairs but if you have them at 10 cents a pip nothing to fear.Whatever Ea you find and play...if you plan on using gbp/jpy you need to have deep pockets.
I will be doing some updates from the cottage on rainy days.Everyone enjoy the next 2 weeks of summer before the kids are back in school.

David aka spiritfriends

Changes Coming

Hi Everyone,

I hope everyone is making profit with their Swap Collectors.There are a few changes on the board right now.The first is a new video for set up and logic.The video posted at Files anywhere is corrupt and only plays audio so that will be replaced.
My programmer,FerruFx has completed version 3 for me and I am testing it right now.The big change is a close all has been added to the EA.You just set the dollar amount you want close your cycle at and presto...when it reaches that amount everything closes very quickly.If anyone is in need of a programmer I can vouch for Ferru as he has been doing my EA's for years now.Contact me and I'll pass on his email.
That's about it for now.Look for the video and I'll also be posting favourable pairs to run Swap Collector with.

Regards to all,

David aka spiritfriends

Corrections on pip values with Forex.com

Hi Everyone,

I must apologize for an error in my reporting of pip values with Forex.com.In 5 digit usage I should only use 4 digits which instead of pip value being 1 cent .01 it is 10 cents.So having a pip target of 100 in the Ea actually becomes a 10 pip target at 10 cents and thus the $1.00 reached targets in my videos.So for everyone trading with Forex.com,you must apply 1000 pip target to collect 100 pips.
So what does all this mean.The good news is that all demo and live accounts with Forex.com operate through the UK so no problem with my EA with the FIFO rule the NFA applied.The lowest lot size per pip is .01 or 10 cents.The really good news is even though we were under the impression that we were trading at 1 cent,we actually were at 10 cents and we haven't seen much of any draw downs since May 28th with the 4 pair Swap Collector and all profits are still real and valid.
So thank you to the traders that have helped to make this correction and I'm happy that the emails coming in report good pip profits to date.

David aka spiritfriends

New You Tube Video Update

Hi Everyone,

The Swap Collector continues to churn out the profits.I've doubled my 2 pair account started July 19th from $3000 to over $6100 and my 10 pair I just cashed in for $1800+.This truly set and forget EA has made these profits with pennies.

To view the video click here: http://tinyurl.com/noo7m9

David aka spiritfriends

$2100.49 profit since July 12th

Hi Everyone,

I just finished another video update http://tinyurl.com/mt6wft on 2 set ups using a Forex.com platform.Lot size only 1 cent for the 10 pair and 5 cent for the 2 pair.This set and forget EA between the 2 set ups has collected $2100.49 since July 12th 2009!
My purpose in sharing these set ups is to show how little lot sizes can still produce sizable returns.You can use any pairs with this EA but remember that volatile pairs could go into a sizable draw down as well as sizable profits.
As always play within your means and do not over leverage.



David

More Good News !

Hi Everyone,

I've been trying to show traders how a little goes a long way.I have a read only password so you can follow the 10 pair Swap Collector trading at a .01 lot size or 1 cent and I've just started on Sunday a 2 pair Swap Collector trading at a lot size of .05 or 5 cents.Both are doing well and both statements are posted in theis email.
My original 4 pair Swap collector which I started on May 28 is now at a balance of $21,138 and that started at $10,000!


David aka spiritfriends

This is the 10 pair statement

This the 2 pair statement

100 Pip Targets Applied Tonight

Hi Everyone,

All 10 pairs received their first 10 trades each so I have applied now the 100 pip target.See below post for the read only password to follower the trades.Were sitting about + $405 right now.

David aka spiritfriends

10 Pair Swap Collector 2

Hi Everyone,

On Sunday I started a 10 pair Swap Collector 2 and having some success with it.presently were at $384.53 using just .01 lots 10 cents for all 10 pairs.Forget the swap at this low price,it's only at -$1.89.This will show you the power of $10.00 as after 10 trades are placed on all 10 pairs,then I will apply the 100 pip target to the remaining 10 trades on each pair and watch the $10.00 targets start adding up.
here is the read only password for anyone wanting to follow this setup.
Login : 90243625
Investor : ur6qqih

The account is a Forex.com so you will need to open a demo then apply the login and the read only passwprd if you want to follow.I will continue to post updates on this.

David aka spiritfriends