Forex AutoCash Robot - Forex Robots Forum

admin · #1 06-08-2010, 09:06 AM

Hi everyone.

As you can tell by the title I think the Forex AutoCash robot is a pure scam. It just doesn't do what it claims to do. No doubt many people wasted their money with this one - me included.

I bought this forex robot a few days after it was released and had it running on a demo account ever since I stopped last month (roughly). The first trade this robot took was a loser. I naively though that I should give it a second chance and let it recover the loss. It almost did! But guess what after that huge string of winning trades its core flaw manifested itself. In order for this robot to work it has to have a huge stop loss which can potentially wipe your account - all it takes is one trade to go wrong in this case and you're back to square one or worse.

This forex robot trades the EUR/USD and it ONLY buys apparently, and it does it during a large downtrend move, so in a sense it seems like it employs a retracement strategy. Proof that it does work is below:

Code:

16380393	2008.09.30 22:07	balance	Deposit	50 000.00
16434875	2008.10.01 14:56	buy	0.72	eurusd	1.4091	1.3441	0.0000	2008.10.06 22:17	1.3441	0.00	0.00	11.16	-4 680.00
16648259	2008.10.06 22:45	buy	0.69	eurusd	1.3506	1.2856	0.0000	2008.10.06 22:47	1.3518	0.00	0.00	0.00	82.80
16788662	2008.10.08 16:49	buy	0.69	eurusd	1.3681	1.3029	0.0000	2008.10.08 16:52	1.3691	0.00	0.00	0.00	69.00
16860214	2008.10.09 17:01	buy	0.69	eurusd	1.3662	1.3010	0.0000	2008.10.09 17:08	1.3667	0.00	0.00	0.00	34.50
16961675	2008.10.10 15:53	buy	0.69	eurusd	1.3528	1.2876	0.0000	2008.10.10 16:22	1.3536	0.00	0.00	0.00	55.20
16961956	2008.10.10 15:56	buy	0.69	eurusd	1.3531	1.2881	0.0000	2008.10.10 16:22	1.3536	0.00	0.00	0.00	34.50
17949463	2008.10.27 16:36	buy	0.69	eurusd	1.2411	1.1761	0.0000	2008.10.27 16:39	1.2416	0.00	0.00	0.00	34.50
18106458	2008.10.28 17:37	buy	0.69	eurusd	1.2513	1.1863	0.0000	2008.10.28 21:17	1.2518	0.00	0.00	0.00	34.50
18221476	2008.10.29 14:33	buy	0.69	eurusd	1.2779	1.2129	0.0000	2008.10.29 14:34	1.2790	0.00	0.00	0.00	75.90
18365239	2008.10.30 14:24	buy	0.70	eurusd	1.3097	1.2447	0.0000	2008.10.30 14:26	1.3103	0.00	0.00	0.00	42.00
18509699	2008.10.31 14:50	buy	0.70	eurusd	1.2736	1.2086	0.0000	2008.10.31 15:26	1.2742	0.00	0.00	0.00	42.00
18598532	2008.11.03 15:42	buy	0.70	eurusd	1.2790	1.2140	0.0000	2008.11.04 13:48	1.2795	0.00	0.00	2.17	35.00
18788884	2008.11.05 14:46	buy	0.70	eurusd	1.2915	1.2262	0.0000	2008.11.05 14:51	1.2920	0.00	0.00	0.00	35.00
18890481	2008.11.06 14:03	buy	0.70	eurusd	1.2824	1.2172	0.0000	2008.11.06 14:05	1.2832	0.00	0.00	0.00	56.00
18998473	2008.11.07 17:06	buy	0.70	eurusd	1.2767	1.2117	0.0000	2008.11.07 17:09	1.2775	0.00	0.00	0.00	56.00
19066076	2008.11.10 16:36	buy	0.70	eurusd	1.2860	1.2210	0.0000	2008.11.24 17:29	1.2867	0.00	0.00	30.38	49.00
20015579	2008.11.25 14:46	buy	0.70	eurusd	1.2821	1.2167	0.0000	2008.11.25 14:53	1.2826	0.00	0.00	0.00	35.00
20114636	2008.11.26 17:40	buy	0.70	eurusd	1.2914	1.2264	0.0000	2008.11.27 03:42	1.2918	0.00	0.00	6.51	28.00
20216100	2008.11.27 17:57	buy	0.70	eurusd	1.2869	1.2219	0.0000	2008.11.27 17:59	1.2875	0.00	0.00	0.00	42.00
20268279	2008.11.28 14:34	buy	0.70	eurusd	1.2728	1.2078	0.0000	2008.11.28 14:37	1.2733	0.00	0.00	0.00	35.00
20815345	2008.12.09 15:26	buy	1.73	eurusd	1.2813	1.2163	0.0000	2008.12.09 15:28	1.2815	0.00	0.00	0.00	34.60
21848935	2009.01.13 15:16	buy	1.73	eurusd	1.3255	1.2605	0.0000	2009.01.13 15:26	1.3258	0.00	0.00	0.00	51.90
21897837	2009.01.14 14:55	buy	1.73	eurusd	1.3195	1.2545	0.0000	2009.01.14 14:56	1.3197	0.00	0.00	0.00	34.60
21955625	2009.01.15 15:43	buy	1.73	eurusd	1.3137	1.2485	0.0000	2009.01.15 15:45	1.3150	0.00	0.00	0.00	224.90
22014107	2009.01.16 18:30	buy	1.74	eurusd	1.3276	1.2626	0.0000	2009.01.16 21:39	1.3278	0.00	0.00	0.00	34.80
23343186	2009.02.12 16:14	buy	1.74	eurusd	1.2809	1.2159	0.0000	2009.02.12 18:16	1.2813	0.00	0.00	0.00	69.60
23414064	2009.02.13 15:06	buy	1.75	eurusd	1.2831	1.2181	0.0000	2009.02.13 15:23	1.2833	0.00	0.00	0.00	35.00
23864690	2009.02.23 15:39	buy	1.75	eurusd	1.2783	1.2133	0.0000	2009.02.23 15:41	1.2785	0.00	0.00	0.00	35.00
23937306	2009.02.24 15:06	buy	1.75	eurusd	1.2758	1.2108	0.0000	2009.02.24 15:10	1.2760	0.00	0.00	0.00	35.00
24013715	2009.02.25 13:48	buy	1.75	eurusd	1.2790	1.2140	0.0000	2009.02.25 14:57	1.2792	0.00	0.00	0.00	35.00
24083736	2009.02.26 16:49	buy	1.75	eurusd	1.2744	1.2094	0.0000	2009.02.26 16:51	1.2746	0.00	0.00	0.00	35.00
24139438	2009.02.27 15:21	buy	1.75	eurusd	1.2621	1.1971	0.0000	2009.02.27 15:25	1.2623	0.00	0.00	0.00	35.00
24921402	2009.03.13 17:24	buy	1.75	eurusd	1.2873	1.2223	0.0000	2009.03.13 17:25	1.2879	0.00	0.00	0.00	105.00
26267939	2009.04.15 14:38	buy	1.76	eurusd	1.3207	1.2557	0.0000	2009.04.15 14:39	1.3215	0.00	0.00	0.00	140.80
27016870	2009.04.30 15:47	buy	1.76	eurusd	1.3229	1.2579	0.0000	2009.04.30 15:49	1.3231	0.00	0.00	0.00	35.20
27072747	2009.05.01 15:47	buy	1.76	eurusd	1.3250	1.2600	0.0000	2009.05.01 15:49	1.3252	0.00	0.00	0.00	35.20
27175507	2009.05.05 17:14	buy	1.76	eurusd	1.3372	1.2722	0.0000	2009.05.05 18:49	1.3374	0.00	0.00	0.00	35.20
27232703	2009.05.06 18:38	buy	1.77	eurusd	1.3309	1.2659	0.0000	2009.05.06 18:53	1.3311	0.00	0.00	0.00	35.40
27287628	2009.05.07 15:38	buy	1.77	eurusd	1.3318	1.2668	0.0000	2009.05.07 15:40	1.3320	0.00	0.00	0.00	35.40
28993344	2009.06.10 15:38	buy	1.77	eurusd	1.4074	1.3424	0.0000	2009.06.10 15:39	1.4076	0.00	0.00	0.00	35.40
29128574	2009.06.12 15:26	buy	1.77	eurusd	1.3973	1.3323	0.0000	2009.06.12 15:55	1.3975	0.00	0.00	0.00	35.40
29642974	2009.06.24 14:29	buy	1.77	eurusd	1.4036	1.3386	0.0000	2009.06.24 14:35	1.4038	0.00	0.00	0.00	35.40
29765090	2009.06.25 17:48	buy	1.77	eurusd	1.3906	1.3256	0.0000	2009.06.25 18:03	1.3908	0.00	0.00	0.00	35.40
29824990	2009.06.26 18:50	buy	1.77	eurusd	1.4043	1.3393	0.0000	2009.06.26 18:52	1.4045	0.00	0.00	0.00	35.40
29933293	2009.06.30 16:06	buy	1.77	eurusd	1.4084	1.3434	0.0000	2009.06.30 16:08	1.4086	0.00	0.00	0.00	35.40
30059926	2009.07.02 15:48	buy	1.77	eurusd	1.4017	1.3367	0.0000	2009.07.02 15:50	1.4030	0.00	0.00	0.00	230.10
30196815	2009.07.07 16:29	buy	1.78	eurusd	1.3986	1.3336	0.0000	2009.07.07 16:33	1.3988	0.00	0.00	0.00	35.60
30249896	2009.07.08 18:20	buy	1.78	eurusd	1.3867	1.3217	0.0000	2009.07.08 18:24	1.3869	0.00	0.00	0.00	35.60
30471915	2009.07.13 17:03	buy	1.79	eurusd	1.3923	1.3273	0.0000	2009.07.13 17:15	1.3925	0.00	0.00	0.00	35.80
30539748	2009.07.14 17:45	buy	1.79	eurusd	1.3945	1.3295	0.0000	2009.07.14 17:47	1.3947	0.00	0.00	0.00	35.80
30658507	2009.07.16 17:06	buy	1.79	eurusd	1.4100	1.3450	0.0000	2009.07.16 17:08	1.4102	0.00	0.00	0.00	35.80
30876572	2009.07.21 23:15	buy	1.79	eurusd	1.4211	1.3561	0.0000	2009.07.21 23:18	1.4213	0.00	0.00	0.00	35.80
31084175	2009.07.24 18:06	buy	1.79	eurusd	1.4189	1.3539	0.0000	2009.07.24 18:12	1.4191	0.00	0.00	0.00	35.80
31582926	2009.08.05 17:00	buy	1.79	eurusd	1.4373	1.3723	0.0000	2009.08.05 17:05	1.4375	0.00	0.00	0.00	35.80
31637624	2009.08.06 20:01	buy	1.79	eurusd	1.4339	1.3689	0.0000	2009.08.06 20:04	1.4341	0.00	0.00	0.00	35.80
31669893	2009.08.07 15:38	buy	1.79	eurusd	1.4348	1.3698	0.0000	2009.08.07 16:08	1.4350	0.00	0.00	0.00	35.80
32640537	2009.08.21 17:28	buy	1.80	eurusd	1.4308	1.3658	0.0000	2009.08.21 17:30	1.4310	0.00	0.00	0.00	36.00
33511065	2009.09.10 16:36	buy	1.80	eurusd	1.4542	1.3892	0.0000	2009.09.10 17:40	1.4544	0.00	0.00	0.00	36.00
33562726	2009.09.11 17:04	buy	1.80	eurusd	1.4565	1.3915	0.0000	2009.09.11 17:06	1.4570	0.00	0.00	0.00	90.00
33661702	2009.09.15 15:52	buy	1.80	eurusd	1.4563	1.3913	0.0000	2009.09.15 15:54	1.4565	0.00	0.00	0.00	36.00
33969976	2009.09.24 17:02	buy	1.80	eurusd	1.4737	1.4087	0.0000	2009.10.06 09:02	1.4739	0.00	0.00	-1.80	36.00
34465764	2009.10.08 16:30	buy	1.80	eurusd	1.4733	1.4083	0.0000	2009.10.08 16:32	1.4737	0.00	0.00	0.00	72.00
34540234	2009.10.09 19:03	buy	1.81	eurusd	1.4710	1.4060	0.0000	2009.10.09 22:02	1.4712	0.00	0.00	0.00	36.20
36507229	2009.12.14 13:36	buy	1.81	eurusd	1.4621	1.3971	0.0000	2009.12.14 13:42	1.4623	0.00	0.00	0.00	36.20
36537785	2009.12.15 10:15	buy	1.81	eurusd	1.4585	1.3932	0.0000	2009.12.16 17:05	1.4587	0.00	0.00	-0.18	36.20
36626272	2009.12.17 11:46	buy	1.81	eurusd	1.4360	1.3706	0.0000	2009.12.17 11:48	1.4363	0.00	0.00	0.00	54.30
36676588	2009.12.18 14:35	buy	1.81	eurusd	1.4342	1.3692	0.0000	2009.12.18 14:38	1.4344	0.00	0.00	0.00	36.20
37315205	2010.01.13 19:27	buy	1.81	eurusd	1.4514	1.3864	0.0000	2010.01.13 19:52	1.4516	0.00	0.00	0.00	36.20
37349187	2010.01.14 18:11	buy	1.81	eurusd	1.4456	1.3806	0.0000	2010.01.14 18:13	1.4458	0.00	0.00	0.00	36.20
37454486	2010.01.19 18:36	buy	1.82	eurusd	1.4254	1.3604	0.0000	2010.01.19 18:39	1.4256	0.00	0.00	0.00	36.40
37491775	2010.01.20 17:06	buy	1.82	eurusd	1.4115	1.3465	0.0000	2010.01.20 17:08	1.4118	0.00	0.00	0.00	54.60
37532905	2010.01.21 18:18	buy	1.82	eurusd	1.4046	1.3396	0.0000	2010.01.21 18:20	1.4049	0.00	0.00	0.00	54.60
37745150	2010.01.27 21:17	buy	1.82	eurusd	1.4024	1.3374	0.0000	2010.01.27 21:18	1.4029	0.00	0.00	0.00	91.00
37776050	2010.01.28 16:59	buy	1.83	eurusd	1.3964	1.3314	0.0000	2010.01.28 17:00	1.3970	0.00	0.00	0.00	109.80
37812718	2010.01.29 16:56	buy	1.83	eurusd	1.3914	1.3264	0.0000	2010.01.29 17:02	1.3916	0.00	0.00	0.00	36.60
37984060	2010.02.03 15:52	buy	1.83	eurusd	1.3949	1.3299	0.0000	2010.02.03 16:21	1.3952	0.00	0.00	0.00	54.90
38103380	2010.02.04 17:11	buy	1.83	eurusd	1.3794	1.3144	0.0000	2010.02.09 18:54	1.3797	0.00	0.00	-0.54	54.90
38354632	2010.02.10 14:57	buy	1.84	eurusd	1.3748	1.3098	0.0000	2010.02.10 15:01	1.3752	0.00	0.00	0.00	73.60
38414207	2010.02.11 15:45	buy	1.84	eurusd	1.3687	1.3037	0.0000	2010.02.11 15:47	1.3692	0.00	0.00	0.00	92.00
38604789	2010.02.17 17:37	buy	1.84	eurusd	1.3673	1.3023	0.0000	2010.02.23 09:40	1.3676	0.00	0.00	-1.09	55.20
38790908	2010.02.23 16:38	buy	1.85	eurusd	1.3543	1.2893	0.0000	2010.02.23 16:40	1.3547	0.00	0.00	0.00	74.00
40954011	2010.04.22 16:50	buy	1.85	eurusd	1.3290	1.2640	0.0000	2010.04.22 16:53	1.3293	0.00	0.00	0.00	55.50
41104639	2010.04.27 18:28	buy	1.85	eurusd	1.3280	1.2630	0.0000	2010.04.27 18:38	1.3283	0.00	0.00	0.00	55.50
41154548	2010.04.28 17:51	buy	1.85	eurusd	1.3203	1.2553	0.0000	2010.04.28 17:55	1.3206	0.00	0.00	0.00	55.50
41230598	2010.04.30 18:03	buy	1.86	eurusd	1.3280	1.2630	0.0000	2010.04.30 18:15	1.3280	0.00	0.00	0.00	0.00
41260507	2010.05.03 17:38	buy	1.86	eurusd	1.3182	1.2532	0.0000	2010.05.03 17:39	1.3187	0.00	0.00	0.00	93.00
41295815	2010.05.04 15:57	buy	1.86	eurusd	1.3072	1.2422	0.0000	2010.05.04 16:05	1.3075	0.00	0.00	0.00	55.80
41340430	2010.05.05 15:56	buy	1.86	eurusd	1.2881	1.2231	0.0000	2010.05.05 18:44	1.2884	0.00	0.00	0.00	55.80
41387804	2010.05.06 14:46	buy	1.87	eurusd	1.2723	1.2073	0.0000	2010.05.06 14:49	1.2731	0.00	0.00	0.00	149.60
41475962	2010.05.07 14:58	buy	1.87	eurusd	1.2732	1.2082	0.0000	2010.05.07 15:03	1.2735	0.00	0.00	0.00	56.10
41549355	2010.05.10 15:19	buy	1.87	eurusd	1.2949	1.2299	0.0000	2010.05.17 05:18	1.2299	0.00	0.00	-1.32	-12 155.00
  	0.00 	0.00 	45.29 	-12 134.50
Closed P/L: 	-12 089.21

Suffice it to say that I believe that one should stay away from anything this product's creator - John Burroughs - tries to peddle.

Just my two cents. If you disagree with my opinion please speak up.

DenisTabert · #2 12-24-2011, 06:02 AM

I have previously posted similar results from running the AutoCash Robot, including a new post yesterday, that has not been added to the main AutoCash Robot reviews section. Don't know why not? I mentioned in this 'missing' post that I had also tried the Mafioso Robot (I guess the name says it all), but alas, couldn't get it to function correctly, plus - had trouble trying to get vendor response to my pleas for help. It begs the question, is there any decent type of automated (robot) syatems available that work properlyv(meaning - make pips on long and short trades) and that are well supported by the designer/seller?

admin · #3 01-08-2012, 10:10 AM

Yeah, there are a few EAs out there that work properly. People have been reporting success with an EA called Forex Megadroid, some with fapturbo. I personally am running fapturbo now on a live fxdd account. I also run another EA called Forex Demolition (google it) which has been profitable (designed by a buddy of mine).

Steven Smith · #4 02-13-2013, 12:51 AM

I'm a newbie and desperate to get into Forex but I'm not getting these charts and things.
I really need an automatic Forex system to get me going and winning then I'll try to understand
the charts and things.