Quantum Gomega AutoTrader

Posts Tagged ‘trailing stops’

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.

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