Just a quick update to my last post. In this Gomega GBPJPY video we can see Gomega 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 and 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 that this trade at the very minimum, break even.

For a in depth commentary of all the indicators shown on the Gomega GBPJPY chart, I recommend watching the very thorough video walk through by Ken Herbert, which is located here Gomega GBPJPY Under the Hood. Although the chart is full of detail and looks rather overwhelming, all the complexity of the signal analysis, is taken care of automatically by Gomega GBPJPY. However at the same time, through the indicators on the chart, you do 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 bonnet of a high performance sports car.

You can read more on the GOmega GBPJPY AutoTrader here GoMEGA GBP JPY Review.

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