Currency Trading Update : Demark Expert Advisor Live Results On InterbankFX Forex Broker

I began testing the Demark Expert Advisor since the end of last month February on the Interbankfx Forex Broker MT4 Trading Platform. On some occassions, I did notice that profit targets in forex live accounts were abit different if we compared them with forex demo accounts. This is maybe due to the difference in price bar between live and demo forex accounts. I have also seen that there are some trades taken in demo but were not taken in forex live account because of this.

Anyway, my automatic online currency trading system using the Demark Expert Advisor did went smoothly up to yesterday, opening trades as i want them to... So far so good. I have added some filters to the EA so that it will be profitable and will only open trades in direction of the longer time frame trend...if everything works well, i think this Demark Expert Advisor will be release for sale soon in April or May.

My forex gains on this EA has been YoYo since I started...Down about 224 pips at the beginning during February trades. In 1st week of March, the Demark Expert Advisor close with 68 Pips profit...last week, it closed with a 416 pips profit...In total, I have book 260 pips since i started this forex autotrading system. My live account is currently up about 11% from my balance..Do remember though, looking at my trades, I am risking about 20-30% of my account each time the EA open all 4 positions...This is very aggressive! I am willing to take this risk as I know what I am doing and I take full responsibility for any of my losses.

I just check the currency trading rates in Reuters UK site, GBPCHF is at 2.0145. I have 3 open positions at the moment with TP @ 2.1054, 2.0138 and 2.0119 and I expect to have at least 2 of the positions, if not all 3 positions, in the bag once i reopen my IBFX currency trading platform this coming Monday. If all 3 positions are hit, my account should be up about 50% from my starting balance. At the moment, I am still seeing bearish trend on GBPCHF and the trend have not reversed yet...With all the uncertainties in the financial market lately, it would not be wise to trade against the current bearish trend in my opinion...

Anyway, here is my live forex result on the Interbankfx platform using my Demark Expert Advisor. If you are interested in my purchasing my EA in the near future, please drop me an email :)

Subscribe via email

Enter your email address:

Delivered by FeedBurner

Disclaimer & Risk Warning! Please Read!

The risk of loss in trading foreign exchange (forex) can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in forex trading can work against you as well for you. The use of leverage can lead to large losses as well as gains.

Forex trading offers large potential rewards, but also large potential risk. You must be aware of the risk and be willing to accept them in order to invest in the Forex market. Don`t trade with money you cannot afford to lose.

We at autopips.blogspot.com work hard to provide our customers with a rewarding Automatic Forex Trading System. But we also know that there is nothing like a "Holy Grail" and no single system is perfect.

By using our automatic system (DeMarkTrader Expert Advisor) you agree to hold autopips.blogspot.com and anyone involved in the development, production and distribution of any system/strategy purchased through autopips.blogspot.com free of any responsibility or liability for any losses sustained while trading with live funds. Any live trading that you do, be it manual or automated, you do so at your own risk and discretion. Forex is a risky business. You can lose large sums of money by taking the risk of trading in the live market. autopips.blogspot.com shall not be held responsible for any losses that you might incur during any trades.

The past performance of DeMark Expert Advisor is not necessarily indicative of future results. No guarantee is made that you will be able to replicate the same results.

This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the offered products or services referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.

Disclaimer for External Links:

Links are being provided as a convenience and for informational purposes only. They do not constitute an implicit or explicit endorsement or an approval by autopips.blogspot.com of any of the products, services or opinions of the corporation, organization, or individual.

autopips.blogspot.com bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links. Contact the external site for answers to questions regarding its content.