Posts Tagged ‘trading pound yen’
GoMega GBPJPY Tests Continued
May 30th, 2009
Here’s a quick update to my last post. In this Gomega GBPJPY video we can see a trade in action, Gomega GBPJPY has just entered a new long position in the Pound Yen. The point at which the trade was entered is indicated by the little green arrow, the dotted green line shows the buy price and the dotted red line is the current stop loss position. Gomega GBPJPY employs a intelligent stop loss algorithm, which it will move higher as the price approaches the profit target. It will also move it up if the price falls, so that this trade at the very minimum, break even.
For a thorough commentary of all the indicators displayed on the Gomega GBPJPY chart, I recommend watching 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 overwhelming, all the complexity of the signal analysis, is taken care of automatically by Gomega GBPJPY. Not with standing, through the indicators on the chart, you have a window on the in depth analysis that is taking place in the background. Its kind of like the feeling you get when look under the bonnet of a high performance sports car.
GoMega GBPJPY Autotrader First Impressions
May 30th, 2009
Since Tuesday I’ve been running a forward test with the new Gomega GBPJPY Autotrader. It is setup on a demo account at Forex brokers FXDD using a opening 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 session and first part of the London session. So far it has entered 2 positions, both of which were buy orders. During the progress of the trades, Gomega GBPJPY automatically modifies the stop loss.
The Gomega Pound Yen trades on the four hour time frame and only open new trades within an eight hour period each day. This covers the second half of the Asian session through to the first half of the London session. This may appear very limited but it has proven to be the most profitable time frame and period for Autotrader to trade the Pound Yen.
The results so far: For the first trade, Gomega GBPJPY adjusted the trailing stop as the market rose. Then when the market retraced, it exited the trade at zero profit and nothing lost.
The next trade was very similar, however the market moved higher before retracing. Again the Gomega GBPJPY adjusted the stop loss and this time exited with a small profit.
Gomega Pound Yen is designed on a principle of consistent, steady gains, over the long term. The results of the forward test are so far are very good and are a taste of what we can expect from trading with Gomega GBPJPY. Shortly I’ll be 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 over the past 8 months. So we already know that Gomega GBPJPY performs very well on the Pound Yen pair.
Quantum research are so confident with the profitability of Gomega GBPJPY, 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 just shows how supremely confident Quantum Research are in their Gomega GBPJPY. You will be able to 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 acquire this software. I’m sure many people will learn of Gomega GBPJPY after the sales period closes. 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.
Posted in Gomega GBP JPY AutoTrader, Live Results | 
Tags: forward testing, gomega gbpjpy test, gomega results, trading pound yen | 
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Why You Can’t Retire In 4 Years!
May 27th, 2009
What’s the Secret to Retire in 4 Years?
So what is wrong with retirement? If you’ve got enough money to enjoy a pleasant quality of life or at least maintain the standard of living you have become accustomed to. Then retirement is great! Of course for most of us, the thought of retirement is in the distant future. Something to squirrel away a little nest egg for, so we can make the most of the golden years of lives.
Wrong! In the current economic situation, retirement is probably closer than you think, and by that I mean forced early retirement. As for that nest egg you have been working so hard to accumulate. Let’s not get into the 401K scandals, housing market crash, credit crunch, stock market collapse, investment fund scandals, trillion dollar bank handouts with your future tax dollars rewarding well connected white collar (I’ll let you fill in the blank). To sum it up, the general economic meltdown. And lets not even go into who authorized corporate subsidies to export your job to China.
These are just some of the multitude of reasons why you will probably never be able to retire, fulfill your passions, follow your dreams and enjoy your life. These are all reasons why you will likely be working to the end of your days to make money for some corporation and never be able to really get ahead.
This doesn’t have to be your reality. Your life can and should be better but its up to you to make the difference. So lets talk about how you could retire and enjoy your life. And how you could do so within four short years from now.
Amongst all the doom and gloom around us, there is one thing you should know. Money is never destroyed, it simply changes hands. You can exchange your free time for some money or you can exchange money and free your time. The biggest money market in the world is the foreign currency exchange market or FOREX. Over US$3.2 trillion in foreign currencies from around the world are traded every business day of the week.
If only there was a way to take part in the Forex market using an automated system, that was capable of profiting from price variations in currencies, every day of the week. Well there are many such trading systems that do just that. And the best of them can make money consistently over time. Gomega Xray is an excellent example of a high end automated trading system.
While it is not possible to purchase Gomega Xray at this time, there is another very exciting release coming from the creators of Gomega. In less than a week from now, Quantum Research will release a totally new update of their very successful Gomega Autotrader FX. This newest version of Autotrader has been named GOmega GBPJPY.
Gomega GBPJPY specializes in trading the Great British Pound Japanese Yen currency pair. This currency pair has been very profitable for Gomega clients, some of whom have made their live trading results available for Quantum Research to display on their website. Jonathan and David present a 4 Year Retirement Plan based on the compounding gains possible simply by trading on autopilot using Gomega GBPJPY from a opening balance of just $5000. At the current rate of profit, within four years, the balance would be over ONE MILLION DOLLARS. Hense the title, the Four Year Retirement Plan.
Quantum meet a Swiss Gomega Autotrader client in Switzerland
Last week Ken Herbert Snr. and Jonathan Herbert of Quantum Research released a video with one of their Swiss clients, who had nearly doubled the balance on his live trading account in seven months, trading the GBP/YEN currency pair and on auto-pilot using Gomega Autotrader.
New Pound Yen Trading Videos released by GOmega
A new video has now been released where Quantum show you under the hood of the Gomega GBPJPY Autotrader. It’s a very interesting video and essential viewing for everyone considering investing in Gomega GBPJPY or simply trading this currency pair. The video goes into great detail showing the indicators and signals Gomega GBPJPY uses in determining when to enter or exit a trade. If you are new to Forex then this may be a little intimidating, however the great part about the Gomega system is that Gomega GBPJPY handles all the complexity for you, you only need to set few settings for example Risk per Trade, Stop Loss and Take Profit settings.
The GOmega GBPJPY Under the Hood, is a ver interesting video which not only takes you inside of Gomega GBPJPY but through a trading week with the Gomega GBPJPY as well, I highly recommend watching it at least once if not three times.
Click Here for a Gomega GBP JPY Review to see Gomega GBP JPY in action
