Ciao a Tutti,
this post is a short update regarding a Gallant demo account where the DuettoFX Swing Trader EA is running since about 1 month. The account has suffered a drawdown of about 6% during the last few congested weeks of trading, and it is now showing some nice profits (about +350 pips in the equity line).
I’m running the same exact strategy on my live account (same EA applied on the same currency pairs, with the same settings – the only exception being the lot size of course). The results on my account are better than the demo because sometimes I close the trades manually, based on my personal experience as a trader and on my specific knowledge of the DuettoFX indicator.
I’m writing this post because 1 hour ago I closed all the 3 trades on my live account cashing in about 620 pips of profits and you may consider doing the same. There are some clear divergences showing up on the charts this morning, that’s why I decided to close the trades. Just take a look at the two following pictures:
USD/CHF is showing a regular bearish divergence when traded against EUR/USD. Same thing for USD/CHF that is being traded against GBP/USD.
AUD/USD is showing a regular bullish divergence when traded against USD/CHF. We also had other two trades on EUR/USD (traded against USD/CHF) and on AUD/USD (traded against USD/CAD) that closed out at take profit during the last few days (about +350 pips overall profit).
That means on my live account I was lucky enough to cash in about 1000 (one thousand) pips of profit on 5 trades during the last few days 😉
The Gallant demo account will go on completely on autopilot, however if you are running the DuettoFX Swing Trader EA on a live account and you are currently in the same situation please take into consideration what I’ve explained above. This may be a good time to cash in closing out the trades manually.
Good luck with your trading