Forex Bling Statement
The following is the REAL Statement published automatically by MetaTrader where Forex_Bling is running. So far the robot is running in a demo account, since it is still brand new. The report will be automatically updated every hour since this is a pretty active robot.
Initial demo account balance is $500. We will investigate the robot profits, the drawdown, and most importantly risk management by the robot.
Note: Due to an early bug in ThunderBolt – see this post – Forex Bling Update, the account went down to by -$200, so realistically we started the real test with $4800 balance, However I did not started the demo test from scratch since there were some trades by the other robots.
Also since 16th September, I changed the lots sizes as follows so as we identify which trades are of which robot. They are all running in one account, so it was a bit confusing. Lots are as follows:
Thunderbolt EA: 0.3 lots
Freedom: 0.1 lots
Evolution: 0.15 lots
Fractals: Most often under 0.1 lots since you can’t modify the lots of this robot.
Forex Bling Statement
Forex Bling – First Trades

Notice the violent up trend - 15min Bar Chart
I just woke up and checked how our new Forex EA is doing. Well we are around -$100 down – not a good start.
Analysing what happened, Forex_Bling did pretty good trades during the night, but this morning the market got crazy. ThunderBolt which is a grid trading robot, closed most of its trades at a loss due to the violent up trend that occurred in the market within an hour or so and kept going up for a couple of hours. Of course a grid trading robot is not adequate for such reaction, hence the losses. At least the losses are not huge and are around $25.60.
Looking at the screen shot on the left, the chart is 15 min chart. The red / green arrows indicates where Thunderbolt was trading. As you notice this EA is excellent for choppy markets, or in other ways, pairs that are not trending, or that. I bet AUS/NZD and EUR/CHF can be good pairs for this robot.
Anyway, I am not defending in no way Forex Bling – you know how blunt and critical I am at these robots and in all my reviews, but I am just explaining why we have started with a loss. On the contrary then Freedom Robot which is a trend robot, produced a good trade of $48 profit confirming what’s its main duty is.
For next time, keep following this interesting robot.




Forex Bling Update
Posted by Forex EA - Jason on September 11, 2009 · 2 Comments
Forex Bling - Could be the BEST Robot Ever. TRY IT FOR FREE
So after a bad start, apparently a glitch in ThunderBolt EA with some brokers, the Forex_Bling robots seems that now they have settled down and are recovering the initial big loss.
As I said in my previous post, there was something wrong in ThunderBolt EA since it was trading outside normal scalping hours and scalping is not meant to be done during busy market hours. ThunderBolt EA was trading all day
Of course it suffered huge losses!!
Forex Bling Creators Prompt Robot Fix
This is the email received about the update. Prompt update of the robot! This is why you pay monthly fee, which you normally get in 1 day of trading! Have you ever got an update of 99$ crap dollar robot so fast? Fap Turbo … yes released couple of versions, which made the robot worse? IVYBot…update came 5 weeks later, and again made the robot worse, it was already worse, then it got even worse?
This is why I have high hopes in this robot – Forex Bling. I would recommend to go and get your copy now.
Get Your Copy Now
Anyway this is the email…
This can be a REVOLUTIONARY ROBOT. LOCK YOUR PRICE NOW AND GET FRACTALS4 – A PROFITABLE ROBOT FOR FREE
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