Forex Grid Robot

Here’s a quick update to my previous post. In this Gomega GBPJPY video you can see a trade in action, Gomega GBPJPY has just entered a new long position in the Pound Yen. The little green arrow indicates the point at which the trade was opened, 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 upwards as the price closes in on it’s profit target. It will also move it up if the price retraces, so that this trade will break even at the very minimum.

For a full commentary of all the indicators displayed on the Gomega GBPJPY chart, I recommend watching the full video walk through by Ken Herbert, which can be found here Gomega GBPJPY Under the Hood. Although the chart is very detailed and and is somewhat intimidating, all the complexity of the signal analysis, is handled automatically by Gomega GBPJPY. Not with standing, by looking at the chart indicators, you have a window on the advanced 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 read more on the Gomega GBP JPY at GoMEGA GBPJPY Review.