DeMarkTrader EA FXDD Forward Test Update, Ahead Of FOMC Meeting

Whoa!!! Market is pretty bullish today...ahead of the FOMC meeting today taking place few hours from now...Oh well...who cares about the news anyway. My DeMarkTrader Expert Advisor is purely technical. This means it enter trades regardless on any fundamental analysis or news releases.

Past 2 days have been pretty good for this auto forex system, a total of 379 pips profit. The only bad new that one of my trades was not move into breakeven when I was in profit, maybe due to connection issues with FXDD. I did not encounter any problems with similar trades in ODL. This SL to breakeven error cost me -169 Pips. If there was no error with FXDD, I would have been up by about 548 pips this week.

Anyway my DeMark forex trading system software is doing pretty good at the moment, overall the account is up by 3,009 pips and 30% increase in profit.

This is how i define my risk setting when using the DeMarkTrader forex expert advisor.

Low Risk: 10K account, 3-4 positions x 0.10 lots (nearly 1 dollar per pip)

Medium Risk: 5K account, 3-4 positions x 0.10 lots (nearly 1 dollar per pip)

Aggressive Risk: 2.5K account, 3-4 positions x 0.10 lots (nearly 1 dollar per pip) ...

I hope you can see a pattern here. Bear in mind, this is my settings for your reference only. if you think the my risk setting is not suitable for your trading style, you can always lower down your lot sizes.

Anyway here is my latest FXDD forex demo account statement using this EA. I will be updating my ODL demo trade statements in the next day or so...

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