GoMega GBPJPY Testing Continued
Posted on May 30th, 2009
Just a quick update to my previous post. In this Gomega GBPJPY video you can see Gomega has just opened a new long position in the Pound Yen. The point at which the trade was opened is shown by the little green arrow, the dotted green line indicates 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 closes in on it’s profit target. It will also move it up if the price retraces, so this trade will break even at the very minimum.
For a thorough explanation of all the indicators displayed on the Gomega GBPJPY chart, I recommend watching the full video walk through by Quantum Research, this is located here Gomega GBPJPY Under the Hood. Although the chart is full of detail and and is somewhat overwhelming, all the complexity of the signal analysis, is handled automatically by Gomega GBPJPY. However at the same time, through the indicators on the chart, you do 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 hood of a high performance sports car.
You can find more information about the GOmega Pound Yen at GoMEGA Pound Yen Review.
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