Posts Tagged ‘exit strategy’
Gomega GBPJPY Trailing Semi-Parabolic Stop Loss
June 4th, 2009
Its been a very volatile week for the Pound Yen. While it hasn’t been a good week to showcase the profit potential of Gomega GBPJPY, it has turned the unique smart stop loss feature into a star performer. The “Trailing Semi-Parabolic Stop Loss” as it is referred to by Gomega, has been able to safely exit the trades when the market has spiked against its position. So in spite of the choppy conditions, Gomega GBPJPY is still sitting in profit for the week.
Gomega GBPJPY will only enter a trade during an 8 hour window when the market has the most liquidity. That being the end of the Asia trading session and the start of the London session. This is considered the best time to trade in this currency pair and Gomega GBPJPY has been very consistent at always getting on the right the market trend. It then monitors the market conditions and manages the exit strategy on every tick, 24 hours a day. So even when the market is as volatile as it is at present, it was still is able to exit with precision.
Overall I am very impressed and looking forward to more normal trading conditions next week and a good solid perfomance by Gomega GBPJPY.
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