GoMega GBPJPY Autotrader Forward Testing
Since Last Tuesday I’ve been running forward testing with the new Gomega GBPJPY Autotrader. It is setup on a demo account at FXDD starting with a balance of $5000. using the exact settings as it was preset with 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 trades, both of which were buy orders. As trades progress, Gomega GBPJPY automatically modifies the stop loss, so to lock in the profit on the trade, if the market direction reversed before reaching the profit target.
The Gomega GBP JPY trades on the four hour time frame and only opens new positions during an 8 hour window every day. This covers the second half of the Asian session through to the first half of the session in London. This may seem to be very restrictive but it has proven to be the most profitable time frame and period to trade the GBP JPY with Gomega Autotrader.
The results so far: With the initial trade, the stop loss setting was adjusted by Gomega GBPJPY as the price rose and when the market retraced, it exited the trade for an end result of no profit and no loss.
The second trade was very similar, however the market moved somewhat higher before falling back. Once again the Gomega GBPJPY adjusted the stop loss exited with a small profit.
Click Here for my Gomega GBP JPY Review to see Gomega GBP JPY in action
Gomega Pound Yen has been designed to follow a strategy of consistent, steady gains, for the long run. The results of the forward test are so far are very good and are a taste of what we can expect when trading with Gomega GBPJPY. Shortly I’ll be running some back tests as well, to get a even better idea about how well Gomega GBPJPY performs. Quantum have already published live trading results from their clients who have been trading Gomega Autotrader for the past 8 months. So we already know that Gomega GBPJPY 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. 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 goes to show how extremely confident Quantum Research are with their automated trading system. You will be able to see the full details of the guarantee on their sales page when Gomega GBPJPY opens for sales Tuesday. In the mean time, you can see them announce this in the video “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 learn of Gomega GBPJPY after the sales period closes. However this is tradition of 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 on the Gomega GBPJPY AutoTrader at GoMEGAGBPJPY Review.