Just For Fun :)

all positions closed.

all positions reversed.

G/J positions stopped out.
Positions reversed again.

I am done testing the Demark Indicator. Though I have had trouble with it through choppy market conditions I am convinced with solid money management skills, stop losses and trailing stops the indicator is profitable. I will be continuing this thread, though, with a new strategy based upon monthly charts. Simply put it will be trend trading across as every pair the broker offers. I will take one trade with the trend, put a hundred point stop loss on it & leave it open indefinitely (or until I feel necessary to close it.). My hypothesis is we will have more winners than losers through the laws of averaging. Another thing is that I will not have to sit there all day and watch the trades anymore. If a trade gets stopped out, we will just sell/buy again with the trend, indefinitely.

*edit - Just in case any is wondering we made about 1100-1200 pips through the entire testing phase, or over the period of 30 days.

Just a sample of what I am currently doing:

Well we did have to suffer through some drawdown but here's how we are looking as of now.

Screw it, we're going back to the Demark system. Live trade calls in real time.

Here are my picks for Sunday:

Sell G/J - 135.24 SL 136.24
Sell E/J - 118.68 SL 119.68

both are double positions each looking to close one postion out at +100

1 G/J position closed - +100
1 E/J position closed - +100
trail stop on remaining positions is 99 points

remaining G/J position stopped out:
+59
remaining E/J position closed:
+91

Todays total:
+350

open positions:

long E/U - 1.3025 SL 1.2925
short U/Chf - 1.1540 SL 1.1640

both are double positions looking to close out one each @ +100

U/Chf trades stopped out -200
E/U trades still open

I see this method very discretional.