GoMega GBPJPY Autotrader First Impressions
Posted on May 30th, 2009
I’ve been been doing forward testing on the new Gomega GBPJPY Autotrader. I setup a demo account at FXDD using a starting balance of $5000. using the exact settings as it was preset by Quantum Research. Gomega GBPJPY only trades during the second part of the Asian session and first part of the London session. So far it has opened 2 positions, both of which were orders to buy. During the progress of the trades, Gomega automatically modifies the stop loss, so to lock in the profit on the trade, if the market retraces before reaching the take profit setting.
The Gomega GBPJPY trades on the 4 hour chart and only opens new positions during an 8 hour window every day. This begins with the second half of the Asian session through to the first half of the session in London. This may seem to be quite restrictive but it has proven to be the most profitable time frame and period for Autotrader to trade the Pound Yen.
The results so far: On the initial trade, Gomega adjusted the trailing stop as the price rose but when the market retraced, it exited the trade for an end result of no profit and nothing lost.
The second trade followed a similar pattern, however the market moved higher before falling back. Once again the trailing stop was triggered and Gomega exited with a small profit.
Click Here for my Gomega GBPJPY Review to see Gomega GBPJPY in action
Gomega GBPJPY has been designed to follow a strategy of steady, consistant gains, over the long run. 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 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 over the last 8 months. So we already know that Gomega is very profitable 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. “At minimum, you will at least double your account size within a year or your money back”. That is an bold guarantee and just shows how extremely confident Quantum Research are in their Gomega GBPJPY. You can see the full details of the guarantee on their sales page when Gomega GBPJPY opens for sales next Monday at midnight. Until then, they summarize it in their blog and in their most recent video titled “The Offer Guarantee & More“.
The only problem I can see with Gomega GBPJPY is that there is only a 3 day window in which to purchase this software. I’m sure many people will discover 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 mailing list, so you don’t miss out next time. You can read more about the Gomega Pound Yen at GoMEGA GBPJPY Review.
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