Looks like a good week. Using my new Forex Expert Adviser (EA) called R-EA, my demo account at FXCM UK is up USD2396!. From a balance of $50k on 6 Jan, it has grown to $52396.48. Pretty impressive I think. I’ve set the risk on my EA to 5% where it will trade 1 lots and it has money management options. It also uses the 100 Moving Average as a filter and it goes on the 5 min Time Frame.

Below is a breakdown of the trades for this week.

6 Jan 2010, 4 trades. Profit USD 256
7 Jan 2010, 12 trades. Profit USD 1003.48
8 Jan 2010, 6 trades. Profit USD 1137

I will begin selling the new profitable EA in February 2010. Only 100 copies will be sold as I want this EA to be exclusive. To be on my VIP list, just leave a comment in this post. Pricing TBA.

Live results of the demo FXCM UK trades can be found here