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

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

Wow What a Day !

Hi Everyone,

Here is a perfect example of "set and forget". Last night (Thursday) I checked my 2 and 10 pair charts and the 2 pair was in draw down -$1500(playing a dollar a pip) and the 10 pair about -$500.00.When I woke and checked there wasn't much of a difference so off to work I go.I get home late,eat,shower put my son down for bed and finally sit down at the computer.I check the 10 pair first and do a double take that I'm plus $2057.89.If I was at home I would have closed just before the market close so now I'll do that on Sunday.
I go to my 2 pair of gbp/jpy and eur/usd and $3846.93 is looking back at me! Again if I'm home I close and start over just before the close but will do that on Sunday.So since July 19th when I started this 2 pair set up I closed the first 2 times and brought the account to $6168.35 and with this float to close at $3846.93 the equity is $10,015.28 from a $3000 start and in only 18 trading days.
With the 10 pair now at $13,937.49 in equity and that started July 12th the 2 platforms total a profit of $10,952.77 ! Now if I was home watching the fireworks of NFP I would have been tempted to close early but I was at work.There of course are lots of scenarios but the one that unfolded was the set and forget and they did great for another week.
I hope everyone that is trading Swap Collector had a good day also and I would like to hear your stories and share them on the blog.

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

July 10 2009 Update

Hi Everyone,

Since June 18th when we began a carry over of $11,430 and smiles are on every ones faces as profits on the 4 pair Swap Collector are close to $8,000 since June 18th.Now that's a great month and there is still another week to make it a month.Many have asked when to take profits and my reply to all is to decide that for yourself.What are you happy with?A profit of $8,000 is good anytime of the month!
If you decide to close,after the money is banked,you can begin the whole process over again.Now the new NFA rule of FIFO would effect the Ea if you have a US broker but the way around that is to go to your brokers foreign office.I am also considering getting the Ea coded in other languages so it can run on Ninja or Trade Station etc but again a US broker would cause a problem for this Ea unless I implement a penny difference on every trade.I would certainly consider having that done if the requests multiply for that service.

I have done a You Tube video on the update and it can be seen here:
http://tinyurl.com/lmfaa3 .

Your questions can be directed to spiritfriendss@gmail.com

David aka spiritfriends