PipBoxer Day One Trade Results
article written by Boem.
Today is my first day that the PipBoxer expert advisor was put to trade on my live Interbank FX account. I set up all the 11 currency pairs (USDJPY, USDCHF, USDCAD, EURUSD, EURJPY, EURGBP, GBPUSD, GBPJYP, EURCAD, AUDUSD, NZDUSD) for automatic trading. The results:
Closed Transactions:
2007.06.25 10:57 sell audusd 0.8485 sl 2007.06.26 02:40 0.8481 +4 pips
2007.06.25 19:46 sell gbpjpy 246.88 sl 2007.06.26 15:48 246.60 + 28 pips
2007.06.26 08:15 sell eurjpy 165.73 sl 2007.06.26 11:15 165.69 +4 pips
2007.06.26 12:40 sell eurusd 1.3476 tp 2007.06.26 14:07 1.3460 +16 pips
Open Trades:
2007.06.25 10:15 sell usdchf 1.2277 last 1.2284 -7 pips
2007.06.25 12:30 sell usdjpy 123.57 last 123.27 +30 pips
2007.06.26 10:31 sell usdchf 1.2293 last 1.2284 +9 pips
2007.06.26 11:23 sell usdjpy 123.09 last 123.27 -16 pips
So all the closed transactions are profitable – a 100% hit rate! You may notice that 3 closed trades were triggered by stop loss (sl) with just small pip gains. This is due to the risk management by PipBoxer where stop loss levels are adjusted to ensure profitability whenever appropriate. Only one trade hit take profit (tp). There was no intervention whatsoever on my part. Everything got done automatically by the system.
I’m certainly quite happy with these first day results. For me, a good start of a new business venture is always very important. My next report on this fx trading using PipBoxer will be at the end of the week.
beaker wrote:
I am considering pipboxer but have no experience in forex trading nor metatrader. Which broker-software combination do you advise to use with pipboxer ? I will follow your results closely so keep them coming !
tnx
beaker
This comment was written at June 26th, 2008 at 7:51 pm,
Boem wrote:
I’m sorry to say that I have stopped trading with pipboxer for a while due to poor results. You may want to follow the ea at this forum
boem
This comment was written at June 26th, 2008 at 11:52 pm,