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Beware of Forex Black Panther EA

Discussion in 'Has anyone heard of?' started by eliezer, Mar 21, 2010.

  1. eliezer

    eliezer Recruit

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    Hi, I think some of you might have received emails that the Forex Black Panther EA will be releasing on the 23rd March 2010 and also the video clips.

    I have seen the latest video clip and found out something is not right because in the video clip, the chart that the EA is trading is not the same as the current trading chart based on March 2010 (i.e. currently the GBPUSD is trading above 1.5000 but in the video, it is trading above 1.4000) and hence I emailed to the Forex Black Panther developer to check and they revert to me saying that it was running on March 2009 with no special reason.

    Hence, my question to you is that why do they use March 2009 and not Jan 2010 or Feb 2010 or beginning of Mar 2010? It is because they want to make it appear as though the EA is trading on live now as some people might not be meticulous at details and only looked at the performance of the EA.

    So I do not want to draw any conclusion but to let you ponder & decide. Thank you.
     
  2. cowmadagan

    cowmadagan Sergeant

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    Good call. Thanks for posting your observations.
    A good plan today is better than a perfect plan tomorrow.
     
  3. BlackPanther

    BlackPanther Recruit

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    Eliezer just made a very good observation regarding the Black Panther video clip. He noticed that we used a week of backtest and not a live demo (on a 3 minutes video) and he runs to write about it in Forex Peace Army as if it is a great discovery...

    It would be nice if Eliezer would have waited to see the actual Black Panther website (which will be uploaded Tuesday morning when the product will be out) before he jumps into wrong conclusions and runs to tell everyone.
    He then could easily check out all the forward tests and backtests .

    I am asking Eliezer, is it possible to record a video for an entire week of live market? Should I leave the video recording on for the whole week? How many hard drives would one need to store all these hours of video, and who's going to watch it? I am a little puzzled here, please help me out :)

    I suggest that you wait for the actual product which comes up on Tuesday 23rd of March. Then you can easily scrutinize all the information, forward tests and backtest for 2010 as well as for previous years.
     
  4. jimsidea

    jimsidea Recruit

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    Clickbank Products

    I have tried every Clickbank "ROBOT". I mean a new one comes out every single week, my junk mail is filled with them for $97.

    I am sure that this one is no diffent then all the rest. It might do fine in the beginnig and then after thousands of these are sold and it floods the market, a new version for $97 will come out. Bottom line if these ROBOTS are so good and great why sell them? Any trader who develops their own system would keep it to themselves. The only one making money on these ROBOTS are the people that are marketing the heck out of them. Its amazing at what a couple YOUTUBE videos and marketing page will do for a product. I think we can make more money by marketing the CLICKBANK products! :)
    There is one ROBOT that I use that works great, and it is not sold in CLICKBANK PACKAGING to the masses. The gentleman who can up with the system sold it to a select few and it has been working great for me for over a year now, up a respectable 48.76%. Do yourselves a favor avoid these ROBOTS, unless you are marketing for commision through CLICKBANK, you will make more money selling the product then watching your FOREX account get demolished! I know I have made great money selling these systems in the past, more money than the system produces in PIPS thats for sure!
     
  5. ForexID10T

    ForexID10T Private

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    Info if you please?

    Dear JimsIdea

    Would it be possible to disclose more info on this profitable system/robot that you have access to?

    I have been testing most of these new 2010 released robots and most fails my Forex Acid Test. Forex Acid Test is a back test run from January 2007 up to December 2009 using only $500 as the deposit.

    It would be interesting to see your results of this profitable robot against the Forex Acid Test.
     
  6. tlwatchman

    tlwatchman Recruit

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    Regarding Black Panther...

    I have been watching it for about a week. So far, has done fairly well. I have made nice positive trades. But am keeping an eye on it.

    And it makes several trades a day, unlike most. Finally, the service has been excellent. I have written several times and have had a response each time. Due to time difference, it does take about a day to get a response, but I always get one and it's the answer I need.

    I have tried many of the 97.00 programs. This has performed better than any I've tried. One other thing, I really like the fact, that while he did try to up sell, the up sell had nothing to do with the quality performance of this robot. Not sure I will trade with it...thinking more along the line of allowing it to make trades on my demo and then buying the suggestions, if I like the trade on my cash account.

    I am testing that idea....

    I give this one excellent rating for service and performance to date.
     
  7. chetthizzle

    chetthizzle Recruit

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    Diversity

    If I can help, I will be happy to. What information would you like? Additionally, would it be possible for you to disclose which robots passed your Forex Acid Test?

    On another note about the robot. I like the fact I have had sucessful trades on currencies besides GBPUSD and EURCHF. Of course I've had some losing ones too but the fact that the robot can make accurate trades on other pairs gives it an extra advantage if you ask me. As the manual states:

    "Currently, Black Panther performs very well with GBPUSD and EURCHF on the 1-hour timeframe.
    You're more than welcome to explore other currency pairs, as the Black Panther is built on universal principles that apply to all pairs. "

    I'll continue to run several test and well see how it goes. I know one thing for sure, it has already beat our the other three robots I bought this month and its starting to look like a keeper.
     
  8. tainfo

    tainfo Recruit

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    forex black panther works

    hello for any personne whants to know if it work just one word yes .......

    im live mini account with jadefx and so far
    48145 2010.03.29 15:00 buy 0.26 gbpusd 1.49836 1.50036 1.52834 2010.03.30 07:28 1.50561 -1.56 -0.34 188.50
    -1.56 -0.34 188.50
    Deposit/Withdrawal: 0.00 Credit Facility: 0.00 Closed Trade P/L: 186.60
    since i have made 53.85 29.04 28.98 67.16 135.20 i bought 25 3 2010
    il look like to me the video :err:




     
  9. chetthizzle

    chetthizzle Recruit

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    Believe the Hype!

    Hey i read enough about bum EA's all the time and more than likely so do most of you all here. However, even though I am an amateur compared to most of you all, I find this EA to be 150% better than FRWC Abusing Fusion. Ok I won't compare the two but I will say, just for the heck of it, I loaded BP on twelve pairs. The manual said go ahead and give it a shot and I did. Running foward test with a mere $1000.00 demo account I started on the 25th of March is now up 483.18. You go figure, but I'm pleased thus far.
     
  10. mondavie

    mondavie Private

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    I am following....
    Maybe some one using this EA kindly publish their trading on certain forex web publisher, so we can judge better because not of all trading this EA.
     

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