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	<title>GOMEGA Xray &#187; gomega users</title>
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		<title>Gomega GBPJPY Live Results Even Better than Back Test</title>
		<link>http://gomegaxray.org/gomega-gbpjpy-live-results-even-better-than-back-test</link>
		<comments>http://gomegaxray.org/gomega-gbpjpy-live-results-even-better-than-back-test#comments</comments>
		<pubDate>Mon, 01 Jun 2009 02:40:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Expert Advisors]]></category>
		<category><![CDATA[Gomega GBP JPY AutoTrader]]></category>
		<category><![CDATA[Live Results]]></category>
		<category><![CDATA[Quantum Research]]></category>
		<category><![CDATA[back tests]]></category>
		<category><![CDATA[expert advisor]]></category>
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		<category><![CDATA[gomega gbpjpy]]></category>
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		<description><![CDATA[The back tests on Gomega were very good but the live results are even better. I&#8217;m not a big believer in back testing, simply due to the fact that the amount of data available for the EA to work with, is tiny at just around 1% to 2% of the real time live data ticks. [...]]]></description>
			<content:encoded><![CDATA[<p>The <strong>back tests on <a href="http://gomegaxray.org/Gomega_PoundYen" style="color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;" target="_blank"  onmouseover="self.status='http://gomegaxray.org/Gomega_PoundYen';return true;" onmouseout="self.status=''">Gomega</a> were very good but the live results are even better</strong>. I&#8217;m not a big believer in back testing, simply due to the fact that the amount of data available for the EA to work with, is tiny at just around 1% to 2% of the real time live data ticks. And even when using the 1 minute time frame for the data source, each tick is an average of  the 50 to 100 ticks that may have existed in real time. In other words, back tests are poor facsimiles of live trading.</p>
<p><a href="http://forexrobotrading.com/ea_results/GomegaGBPJPY/StrategyTester081001-090410.htm"><img class="alignright size-medium wp-image-643" title="Gomegaxray GBPJPY Back Test" src="http://forexrobotrading.com/wp-content/uploads/2009/06/gomegaxray-gbpjpy-backtest-300x294.jpg" alt="Gomegaxray GBPJPY Back Test" width="300" height="294" /></a>So how did <a href="http://gomegaxray.org/Gomega_PoundYen" style="color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;" target="_blank"  onmouseover="self.status='http://gomegaxray.org/Gomega_PoundYen';return true;" onmouseout="self.status=''">Gomega</a> GBPJPY do in the back test? The test was run across the same time period that we have live results for. Which is from October 5, 2008 thru to April 10, 2009. Beginning with an account size of <strong>$5000</strong>, the Gomega GBPJPY back test completed with a closing balance of <strong>$8174</strong> which is a <strong>63% gain</strong>. This compares very well with the live results from Gomega clients. Andreas Maeder&#8217;s account began live trading on Sept 2nd 2008 with a starting balance <strong>$10,000</strong>. And by April 6, 2009, the account had reached <strong>$19,909.24</strong>. <strong>A gain of 99%</strong> in just 7 months. You can <a title="Andreas talks about his Gomega settings for trading the Pound Yen" href="http://quantumgomega.com/GoMega_PoundYen">see Andreas, from Switzerland, talks about his Gomega settings for trading the Pound Yen</a>. Another client traded with a <strong>$5000</strong> demo account over the same period which hit a closing balance of <strong>$14,608.67</strong> by April 3rd, which is a <strong>gain of 192%</strong>. And another client traded a live money account starting with <strong>$5000</strong> beginning on October 5th, 2005 and by April 10 it had reached <strong>$12,811.01</strong> or a <strong>gain of 156%</strong>.</p>
<p>Here I&#8217;ve taken the <a title="Gomega GBPJPY back test results" href="http://forexrobotrading.com/ea_results/GomegaGBPJPY/StrategyTester081001-090410.htm">chart from the back test</a> and superimposed it over the live result charts (<a title="Gomega GBPJPY Live Forward Test" href="http://www.gomegatraderfx.com/sean-statement.html" target="_blank">Sean</a>, <a title="Gomega GBPJPY Live Trading Results" href="http://www.gomegatraderfx.com/greg-statement.html" target="_blank">Greg</a>). I then color coded the balance curves to make it easier to compare the results. The blue line is the live money account, the green line is the forward demo test and the orange line is the from the back test.<br />
<a href="http://forexrobotrading.com/wp-content/uploads/2009/06/gomega_gbpjpy-live-vs-back.png"><img class="alignnone size-full wp-image-638" title="Gomega GBPJPY Back test versus live trading results" src="http://forexrobotrading.com/wp-content/uploads/2009/06/gomega_gbpjpy-live-vs-back.png" alt="Gomega Pound Yen Back test vs live trading results" width="593" height="172" /></a> You can read more about the GOmega GBPJPY AutoTrader here <a title="See a GoMEGA clients Detailed Review" href="http://forexrobotrading.com/reviews/gomega" target="_blank">GoMEGA Pound Yen Review</a>.</p>
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		<title>Why You Can&#8217;t Retire In 4 Years!</title>
		<link>http://gomegaxray.org/why-you-cant-retire-in-4-years</link>
		<comments>http://gomegaxray.org/why-you-cant-retire-in-4-years#comments</comments>
		<pubDate>Wed, 27 May 2009 14:49:24 +0000</pubDate>
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				<category><![CDATA[Expert Advisors]]></category>
		<category><![CDATA[Gomega GBP JPY AutoTrader]]></category>
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		<description><![CDATA[What is Wrong with Retirement?

So what&#8217;s wrong with retiring? If you&#8217;ve got enough money to enjoy a sufficiently comfortable quality of life or at least maintain the quality of life you are accustomed to. Then retirement is great! Of course for most of us, the idea of retiring is in the distant future. Something to [...]]]></description>
			<content:encoded><![CDATA[<p><strong>What is Wrong with Retirement?</strong><br />
<a title="Discover The Secret to Retiring in Four Years" rel="nofollow" href="http://quantumgomega.com/4Year_Retirement_Plan" target="_blank"><img src="http://farm3.static.flickr.com/2468/3566110232_8c6a7ef8bd.jpg" border="0" alt="Gomega Four Year Retirement Plan" width="500" height="407" /></a></p>
<p>So what&#8217;s wrong with retiring? If you&#8217;ve got enough money to enjoy a sufficiently comfortable quality of life or at least maintain the quality of life you are accustomed to. Then <strong>retirement is great!</strong> Of course for most of us, the idea of retiring is in the distant future. Something to store away a little nest egg for, so we can enjoy the golden years of lives.</p>
<p><strong>Wrong!</strong> In the current economic environment, retirement is probably closer than you think, and by that I mean forced early retirement. As for your nest egg you&#8217;ve been working so hard to build up. Let&#8217;s not talk about the 401K scandals, housing market crisis, credit crunch, stock market collapse, investment fund scandals, multi billion dollar bank handouts with your future tax dollars rewarding ivory league white collar (you fill in the blank).  In short, a complete economic meltdown. And lets not even go into who authorized corporate subsidies to export your work to China.</p>
<p>These are all reasons why you may never be able to retire and enjoy your life, follow your passions and fulfill your dreams. These are all reasons why you end up working to the end of your days to make money for someone else or perhaps worse.</p>
<p>This doesn&#8217;t have to be your reality. Your life can and should be better but its up to you to make the choice. So lets talk about how you can retire and enjoy your life. And how you could do so within just 4 short years.</p>
<p>In the midst of all the doom and gloom around us, there is one thing you should know. Money is never destroyed, it merely changes hands. <strong>You can exchange your time for some money or you can exchange money and free your time</strong>. The biggest money market in the world is the foreign currency exchange market (FOREX). <a title="Over US$3.2 trillion Forex Market" rel="nofollow" href="http://en.wikipedia.org/wiki/Foreign_exchange_market">Over US$3.2 trillion in foreign currencies</a> from around the world change hands every business day of the week.</p>
<p>If only there were a way to tap into this with an automated system, that could profit from the changes in the currency prices, 24 hours a day. Well there are many such trading systems available. The best of them can make money consistently over time. One such example of an excellent <a href="http://gomegaxray.org/Gomega_PoundYen" style="color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;" target="_blank"  onmouseover="self.status='http://gomegaxray.org/Gomega_PoundYen';return true;" onmouseout="self.status=''">automated Forex trading</a> system is <a href="http://gomegaxray.org/GoMegaXray-site%20" style="color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;" target="_blank"  onmouseover="self.status='http://gomegaxray.org/GoMegaXray-site%20';return true;" onmouseout="self.status=''">Gomega Xray</a>.</p>
<p>While it is not possible to buy Gomega <a href="http://gomegaxray.org/GoMegaXray-site%20" style="color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;color:#0000FF;text-decoration:underline;" target="_blank"  onmouseover="self.status='http://gomegaxray.org/GoMegaXray-site%20';return true;" onmouseout="self.status=''">Xray</a> at this time, there is another extremely exciting offering from the creators of Gomega. In a week from now, they will release a new version to their extremely popular GOmega Autotrader FX. This newest version of Autotrader is named <strong><a title="See the GoMega GBPJPY Under the Hood Video" rel="nofollow" href="http://quantumgomega.com/Gomega_PoundYen" target="_blank">Gomega GBPJPY</a></strong>.</p>
<p>Gomega GBPJPY is dedicated to trading the Pound Yen, currency pair. This currency pair has been very profitable for Gomega owners, some of whom have made their live trading results available to Quantum to publish on their website. Jonathan and David present a Four Year Retirement Plan based on the compounding profits possible by simply using Gomega GBPJPY to trade on autopilot from a starting balance of just $5000. At the current rate of equity growth, within 4 years, the balance would be over ONE MILLION DOLLARS. Hence the title, the Four Year Retirement Plan.</p>
<p><strong>Quantum meet a Gomega Autotrader client in Switzerland</strong><br />
<a title="Quantum Discuss Live Trading Results with Swiss Client" rel="nofollow" href="http://quantumgomega.com/4Year_Retirement_Plan" target="_blank"><img src="http://farm4.static.flickr.com/3379/3566111488_50dded168b_o.jpg" border="0" alt="Quantum meet a Gomega Autotrader client in Switzerland" width="507" height="390" /></a><br />
Last week Ken Herbert Snr. and Jonathan Herbert of Quantum Research presented a video of their meeting with one of their clients who lives in Switzerland, who had almost doubled <a title="View a Live trading account for a Gomega user" rel="nofollow" href="http://quantumgomega.com/Gomega_PoundYen" target="_blank">his live trading account</a> in 7 months, trading the GBP/YEN currency pair and on auto-pilot using Gomega Autotrader.</p>
<h2>More GoMega GBPJPY Videos released by Quantum Research</h2>
<p>Another video is now available where Ken Herbert Snr and Jonathan Herbert take you under the hood of the Gomega GBPJPY Autotrader. This is a very interesting video and very informative for anyone considering investing in Gomega GBPJPY or simply trading this currency pair. The video goes into great depth showing the indicators and signals Gomega GBPJPY uses in determining when to open or close a trade. If you are new to Forex then this may be a little overwhelming at first, however the best part is that Gomega GBPJPY handles all this complexity for you, you only need to set few preferences such as Risk per Trade, Stop Loss and Take Profit preference.<br />
<a title="the  Gomega Pound Yen Live Trading Results" rel="nofollow" href="http://quantumgomega.com/Gomega_PoundYen" target="_blank"><img src="http://farm3.static.flickr.com/2440/3565294339_65ff77c9f8.jpg" border="0" alt="the  Gomega Pound Yen Live Trading Results" width="500" height="409" /></a></p>
<p>The <a title="See the GoMega GBPJPY Under the Hood Video" rel="nofollow" href="http://quantumgomega.com/Gomega_PoundYen" target="_blank">GoMega GBPJPY Under the Hood</a>, is a truly fascinating video which not only takes you inside of Gomega GBPJPY but through a trading week with the Gomega GBPJPY as well, I highly recommend watching it at least once if not 3 times.</p>
<p><strong><a title="the Official GoMega GBPJPY Site" rel="nofollow" href="http://quantumgomega.com/Gomega_PoundYen" target="_blank">Go to the Official GoMega GBPJPY Site</a></strong></p>
<p>Click Here for a <a title="Gomega GBP JPY Review " href="http://gomegareview.com/gomegagbpjpyreview">Gomega GBPJPY Review</a> to see Gomega GBPJPY in action</p>
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