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

Amazing How Time Away Gives Clarity

Hi Everyone,

As you can see November 9th 2009 was my last post.Back in June 2010 I had an email from a thread that I contibuted to on a forex related topic and that was timely because it got my blood moving again for the passion I felt when trading forex.
I can honestly say that I have not done any trading since 2008 and the time away has helped me to see forex trading in a new light.I created a demo platform with the goal of sharpening up my skills with some satisfying results.
I loaded Swap Collector Version 3 on the GBP/JPY chart...made some adjustments and along with some manual trading have been very successful.I used a Forex.com platform and started with $10,000.I was lucky that my platform lasted until Aug 26th before that closed as is the practice now.Here is the statement (bottom portion) with the results.
You can see a huge gain to $40+K in 2 months time.All basically came from Version 3 and manual trading seeing advantages as the signals on V3 paved the way.

Long Over Due Update for Nov. 29th 2009

Hi Everyone,

I hope the forex Gods have been treating you well.This latest cycle took a lot longer than anticipated but non the less it has almost cycled.Were still in reasonable profits but not "WOW" profits.Here is an updated You Tube video here:

http://tinyurl.com/ydjsuje

you may have to copy and paste the link.

There will be a follow up of direction with all the pairs.

David Lockwood
spiritfriends

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

Update

Hi Everyone,

The demo account was closed for 2 reasons.As you have read on the blog and in videos I had purposely over leveraged using 10 pairs and applying 20 trades on each pair therefor having 200 trades working at any one time.There was no money management applied which I also feel strongly about and therefor profits were never taken which I have always encouraged. The second reason is directions.I have 20+ pairs on a weekly chart with my custom indicator "the floater" which gives great directional guidance.It is a tad lagging but none the less sets up the swap collector beautifully.I have attached a platform started a week ago of 4 pairs all cross pairs and heavy hitters at 6 max trades and 10 cents a pip.It profited over $300.00 this past week.I am not recommending these pairs.These 4 pairs were the first 4 to change their direction on the weekly chart.
This new platform can be followed by using:

account: 90291131
read only password: tq8dgzn
http://www.Forex.com


I firstly would recommend that you never play more than 4 pairs per platform.Stay away from heavy hitters as my 4 pair platform until you have money to burn from your other platforms you have set up.I will be updating the changes as they happen for weekly direction and if your pairs are set in those directions even with the retracements you'll be in the right direction to collect your pips.Swap will not always be a plus factor but the collection of pips will always be priority until you can invest larger dollars where swap begins to count.

As I have stated many times,go with about 6 max orders to start at 10 cents a pip.Let the first 3 trades which is 1 full day for version 2 and 3 be placed without a target.When you have your first 3 trades set on all 4 pairs, then put a target of your choice on all pairs for the remaining 3 trades.Be realistic with your targets and goals when your playing for 10 cents a pip.It is better to have 2,3 or 4 platforms with each having 4 pairs at six max orders and 10 cent pip size and have each of them collect $100 then start rather than having 1 set to $400 as your target.Smooth price action is also better than choppy action causing the EA to go through many cycles.Choppy is fine but you'll need to stay on top of it to maximise the profits when a peak of a cycle is reached until you get version 3 with the close all..
Please work with a NON USA PLATFORM.I use Forex.com and have never had any problems with the EA.In the US with the FIFO rule now the Ea will not function properly.

One other update,late but still an update is the GBP/JPY have a new floater signal to the sell side from the previous buy signal.

David aka spiritfriends

Video Blog Roll Removed

Hi Everyone,

It was brought to my attention that since I installed the You Tube video roll that navigation of the site had frozen.I have removed iot but you can still view the updates on video on you tube.Any new video with be linked in a posting on the site.

David aka spiritfriends

New Video...Update for Sept 17th

Hi Everyone,

I just completed a new video on You Tube and you can link to it from here :
http://tinyurl.com/l6w992 . There are 2 directional changes to update.Both the EUR/CHF and GBP/CHF have changed from a buy to a sell
.There are more changes and updates to come so come back often.

David aka spiritfriends

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

Forex.com pairs

Hi Everyone,

Here are the pairs used on Forex.com and the direction based on the weekly charts using my custom indicator for a directional guide.

silver-buy gold-buy eurusd-buy usdchf-sell gbpjpy-buy eurchf-buy eurgbp-sell
audusd-buy usdcad-sell gbpusd-buy usdjpy-sell audjpy-buy audnzd-sell cadjpy-buy
chfjpy-buy audcad-buy euraud-sell eurcad-sell eurjpy-buy gbpaud-sell gbpcad-sell gbpchf-buy nzdjpy-buy nzdusd-buy

I will be previewing some charts that are about ready to turn or have just turned which would make for some nice profits.

David aka spiritfriends

NEW...Updates on directions to take with each pair!

Hi Everyone,

I want everyone to take a look at what I will be doing for Swap Collector.Most everyone has voiced concerns about pairs and direction to take.First off,unless we can trade pairs like eur/try etc we will not make much of anything for swap.The Swap Collector was named in 2007 when the swap situation was different.You always had a positive swap and negative swap depending on direction.Then came the 2008 meltdown.Brokers changed their swaps leaving us with a negative swap and changing the positive swap to a lesser negative swap also,like the lesser of 2 evils.So we'll now focus on the positive aspect of this time based EA.

In the screenshot is a weekly chart.You'll see a blue arrow which represents a buy direction and an orange arrow representing a sell direction.I also have my version of the Murray Math lines which I have used for a long time for direction.Notice the buy-sell-buy-sell arrows on the chart for the usd/cad.The signals are pretty accurate for suggesting direction.Presently for usd/cad we are in a sell mode since March 29th 2009.In our EA, if we were playing usd/cad we would set the direction for sell and follow the rest of the rules of the first half of the trades being placed with no target then the second half of the max orders, having a target to suit your comfort zone.It could be 50 pips 100 pips, more or less, but until we get a blue arrow we stick with sell direction.

Upon getting a blue or buy signal we close all our trades and begin the cycle over now setting a buy direction.When we get an orange arrow for sell direction then we close all trades again and begin the cycle in a sell direction.As you can see there are some bounces and as long as you aren't over leveraged with too many max orders and excessive pip size then there will be no problem in waiting for the retracement to end and continue in the direction of the arrow.

If you compute from arrow to arrow for pip totals you will see that pip totals are huge in the directions of the arrows.I have also just about finished with testing version 3 which includes a close all for you to use when the direction changes and all trades are closed before you reverse direction.

Once I have completed the directions of all pairs that Forex.com uses,I will post them.I will update as they change.For anyone wanting to be notified by email of the changes of directions for the pairs,you can do that by sending me your name and the email you would like the updates sent to at spiritfriendss@gmail.com and put "I would like updates" in the subject line.You do not have to had purchased the Ea to get these updates as many are watching and following the blog.

If your following the 10 pair with the read only password I posted you will see that we are in draw down.Please don't let this sway you.Consider that 10 pairs is way to many pairs for anyone to trade but does indicate the fluctuations of the EA.The account started with 10k and sits with a balance of 14K and draw down around 4K so were at about break even...for over leveraged positions.

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

2 Pair Update

Hi Everyone,

I just received a comment and question from a fellow trader and you can read his comment below in the last post.The answer to that question...any pair can be used with the Swap Collector. Since we had the chaos 6-8 months ago,a lot of brokers have negative swap for both the buy and sell sides.The 4 pair does have a pair that gives great swap but as observed from a fellow trader,the overall swap for the 10 and 2 pairs have negative swap.When your playing with smaller funds there isn't great collections of swap experienced.The most important side of the SC then becomes how the pairs inter mingle with each other.When you close an account to start over you certainly don't want a big chunk of your profits gone to swap so you must try your best to counter the swaps so the swap subtraction is minimal.
If you follow the steps with Swap Collector,you will have good profits even though the pairs are both paying negative swap.I just finished closing my 2 pair of GBP/JPY and EUR/USD and banked over $2000 using .05 or 5 cents per pip and 20 max orders.I'll be adding a video this weekend for everyone to view.

Thanks for dropping by!

David aka spiritfriends

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

Correction but GOOD news !

Hi Everyone,

Last Sunday I started a 10 pair Swap Collector 2 and lot size was .01 which I thought was 10 cents.It turns out that since Forex.com uses 5 decimal points that it's actually 1 cent.Through the start of the week the account climbed to over $700.00.That's even more amazing that it was on lot sizes of 1 cent.I do have some pretty volatile pairs like GBP/JPY which was channeling 4-500 pips but with multiple lots at 1 cent it wouldn't take long for the account to show a big profit.Just the same it could have gone to the minus side also but all 10 pairs would have to break down together.
The week closed at $300 dollars so if I had of closed the account at $700 then closed an additional $300 the take was over $1000.This from 1 cent per lot.
Now I have had a lot of traders voice that they have $500-$1000 to play with and my suggestion to you would be to start with 4 pairs at 1 cent and have max lots at 20.I don't see any point in placing the first 10 trades for swap as it won't collect that much and those extra 10 trades can collect nicely at the 100 pip target.
My 4 pair Swap Collector 2 that started June 18th went over the 20K mark this week with swap around $1455 right now.You can see that you collect the price of Swap Collector 2 over and over again with the profits from the EA.The other nice feature is the "set and forget".I never close,adjust or take profits manually.I start the platform before Sunday open and close it Friday close.

David aka spiritfriends

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

A Forced New Cycle

Hi Everyone,





Some how a demo account which shouldn't go down did so now I will have to pick up where we left off and continue.We had a swap of $804 in 18 trading days(Sunday included) and a net profit of $2624.00 from 100 pip targets being reached for a total of $3438.00.We were well on our way to a $5000 month with the remaining days left in the month of June.Here is the screenshot of the statement before it closed.
If you have any questions please direct them to
spiritfriendss@gmail.com .

The Forex Swap Collector Video

Hi Everyone,

I've made a video explaining what The Forex Swap Collector is all about.I hope you enjoy it.If you have questions please send to spiritfriendss@gmail.com .

David aka spiritfriends