Posts Tagged ‘gomega gbpjpy’
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.
Gomega Webinar
June 3rd, 2009
Gomega Webinar will be open and ongoing from 4 PM (PST) to 8 PM (PST)
If you are on the Gomega VIP announcement list then you would have already received an invitation to attend the Gomega Webinar. Where you’ll be able to participate and ask questions regarding Gomega Pound Yen software and watch live demonstrations of the software in action.
If you are not on Gomega’s VIP announcement list and would like to attend.
1. First click this link to get access to the full details of the Gomega GBPJPY release along with back tests and live trading results.
Gomega GBPJPY Live, Real Money Trading Proof
2. Next click here and register to attend the Gomega Webinar.
http://4year-retirement-plan.com/blog/
Posted in Gomega GBP JPY AutoTrader | 
Tags: gomega gbpjpy, gomega q & a, gomega questions and answers, gomega webinar | 
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Gomega GBPJPY Live Results are Even Better than Back Test
June 1st, 2009
Gomega GBPJPY Even Better Live than Back Tests
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The back tests on Gomega were very good, however the live results are even better. While I’m not really a big fan of back tests, mostly because the amount of data available for the EA to work with, is extremely limited at just around 1% to 2% of the original live tick data. And even when using the 1 min time frame as the data source, each tick is just and average value based on the 50 to 100 ticks that may have existed in real time. In other words, back tests are poor facsimiles of live trading.
So how did Gomega GBPJPY perform in the back test? The test was run across the same time period that we have live results for. Which start from Oct 5th, 2008 thru to April 10, 2009. Beginning with an account size of $5000, the Gomega GBPJPY back test completed with a closing balance of $8174 or a gain of 63%. This compares very well to the live results from Gomega clients. began live trading on September 2nd 2008 with a starting balance $10,000. And by April 6, 2009, the account had reached $19,909.24. A gain of 99% in just 7 months. You can see Andreas, from Switzerland, talks about his Gomega settings for trading the Pound Yen. Another client ran a $5000 demo account over the same period and it reached a closing balance of $14,608.67 by April 3rd, which is a gain of 192%. And Greg Surowiec traded a live money account starting on October 5th 2005 and by April 10 it had reached $12,811.01 or a gain of 156%.
Here I’ve taken the chart from the back test and superimposed it over the live result charts (Sean, Greg). I’ve color coded the balance curves to make it easier to compare the results. The blue line is the live money account, the green line is the forward demo test and the brown line is the back test results.
You can read more on the GOmega GBP JPY at GOmega Review.
