Here’s a quick update to my last post. In this Gomega GBPJPY video we can see a trade in action, Gomega has just opened a new long position in the Pound Yen. The point at which the trade was opened is indicated by the little green arrow, the dotted green line indicates the buy price and the dotted red line is the current stop loss position. Gomega GBPJPY uses a intelligent stop loss algorithm and it will move upwards as the price closes in on the profit target. It will also move it up if the price falls, so this trade will at very least, break even.
For a detailed explanation of all the indicators displayed on the Gomega GBPJPY chart, I recommend seeing the very thorough video walk through by Quantum Research, which can be found here Gomega GBPJPY Under the Hood. Although the chart is very detailed and looks rather intimidating, all the complexity of analyzing the various signals, is taken care of automatically by Gomega GBPJPY. Not with standing, through the indicators on the chart, you do have a window on the advanced analysis that is taking place in the background. It gives you the feeling you are looking under the hood of a high performance sports car.
Since Tuesday I’ve been running forward testing on the lastest Gomega GBPJPY Autotrader. It is setup on a demo account at Forex brokers FXDD using a starting balance of $5000. The configuration is exactly as it was preset with by Quantum Research. Gomega GBPJPY is set to trade during the second part of the Asian market session and first part of the London session. So far it has entered 2 trades, both were buy orders. As trades progress, Gomega intelligently modifies the trailing stop.
Gomega GBPJPY trades on the 4 hour chart and only open new trades within an 8 hour period each day. This begins with the second half of the Asian session through to the first half of the session in London. This may appear very limited but it has proven to be the most profitable time frame and period to trade the Pound Yen with Gomega Autotrader.
The results so far: With the opening trade, the stop loss setting was adjusted by Gomega as the price rose but when the market retraced, it exited the trade for an end result of zero profit and zero loss.
The next trade was very similar, however this time the market moved somewhat higher before retracing. Once again the Gomega adjusted the stop loss exited with a small profit.
Gomega Pound Yen has been designed to follow a strategy of consistent, steady gains, over the long run. The initial forward tests are very good and are a taste of what we can expect when trading with Gomega GBPJPY. Tomorrow I’ll also begin doing some back tests as well, to get a clearer picture how well Gomega GBPJPY performs. Quantum have already published live trading results from their clients who have been trading Gomega Autotrader for the past 8 months. So we already know that Gomega performs very well on the Pound Yen pair.
Quantum research are so confident with the profit potential of Gomega GBPJPY, that they are including a full one year profit guarantee for their clients. Essentially they are guaranteeing that Gomega GBPJPY will at least double your account balance over a one year period, or they will refund the full purchase price of the software. That is an bold guarantee and shows just how extremely confident Quantum Research are in their Expert Advisor. You can see the full details of the guarantee on their sales page when Gomega GBPJPY opens for sales next Monday at midnight. In the mean time, they summarize it in their blog and in their most recent video titled “The Offer Guarantee & More“.
The only problem I have with Gomega GBPJPY is that there is only a 3 day window in which to purchase this software. I’m sure many people will learn of Gomega GBPJPY after sales have closed. However this is always the case with the Gomega automated trading software. So if you do miss out on this launch, then I strongly recommend you join my VIP update list, so you don’t miss out next time.
Quantum GoMega GBPJPY Autotrader
Quantum Research on June 2nd, will release GoMega GBPJPY Autotrader for ONLY 3 DAYS
Quantum Research have just released an exciting version to their extremely popular GOMEGA Autotrader FX
GoMega GBPJPY Autotrader will be snapped up by the lucky few traders, and fund managers beginning June 2nd 'till 4th, 2009. This will be your only opportunity to purchase this advanced fully automated Expert Advisor
