IVYBot Review as of August 7

Hi Again, so how this new robot is doing? From my end it started bad, but it is too early to judge. I am still learning how this robots trades, what it trades, its stop losses, its profits (if any), chart patterns etc etc.

The most active pair was as expected Usd / Jpy. We had 3 completed trades, 2 losses and 1 win as per image below.

Click to view the picture in full size – open in a new browser.

Right now we have another open trade in Usd / Jpy at a profit of $16.47 at the time of writing this post.

My Thoughts so Far:
At some point the last two trades in which the Usd / Jpy resulted in a loss of -$96.84 was at a profit of around $80.00. For some reason the trade was not closed.

Similarly the other trade which at the end resulted in a profit of only $41.46, at some point it was at a profit of around $90.00 and again the trade was not closed. Although later was closed for a final profit of $41.46.

I don’t know why they weren’t closed, although to be honest I expected them to be closed automatically.

Probably I will leave the default settings running for another week and then we will start tweaking around and the run begins.

Stay tuned.