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 opened a new long position in the Pound Yen. The little green arrow shows the point at which the trade was opened, the dashed green line shows the buy price and the dashed red line is the current stop loss position. Gomega GBPJPY employs a intelligent stop loss algorithm and it will move upwards as the price approaches the 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 commentary of all the indicators displayed on the Gomega GBPJPY chart, I recommend watching the very thorough video walk through by Quantum Research, this can be found here Gomega GBPJPY Under the Hood. Although the chart is very detailed and and is somewhat intimidating, all the complexity of analyzing the various signals, is handled automatically by Gomega GBPJPY. Not with standing, through the indicators on the chart, you 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 bonnet of a high performance sports car.

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