Gomega Xray was also trading this currency pair having entered its position the week before. Just now Gomega Xray exited its position in the Pound Yen at a profit of $704.52. Leaving it with an account balance of $7686.72 and an equity balance of $8850.

Click Here for a Gomega GBPJPY to see Gomega GBPJPY in action

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So how did Gomega 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 $5000, the Gomega GBPJPY back test completed with a closing balance of $8174 which is a 63% gain. This compares very well with the live results from Gomega clients. Andreas Maeder’s account began live trading on Sept 2nd 2008 with a starting balance $10,000. And by April 6, 2009, the account had reached $19,909.24. A gain of 99% in just 7 months. You can see Andreas, from Switzerland, talks about his Gomega settings for trading the Pound Yen. Another client traded with a $5000 demo account over the same period which hit a closing balance of $14,608.67 by April 3rd, which is a gain of 192%. And another client traded a live money account starting with $5000 beginning on October 5th, 2005 and by April 10 it had reached $12,811.01 or a gain of 156%.

Here I’ve taken the chart from the back test and superimposed it over the live result charts (Sean, Greg). 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.
You can read more about the GOmega GBPJPY AutoTrader here GoMEGA Pound Yen Review.

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Unfortunately the Metatrader platform isn’t able to include the equity balance in it’s chart for the detailed report. This, along with the account balance, would give a significantly better profile of the trading performance.

In order to illustrate this point, I’ve decided to plot the equity balance onto the account balance chart. Each red dot represents the current equity balance at the end of each week. The green line is a simple approximation of the equity curve. As the only equity balance data I have, is from the detailed weekly reports Metatrader has generated and I’ve only been producing those once per week. It would be nice if a plugin were available for Metatrader that could log the equity balance and render a detailed graph at the push of a button.

Notice the red dots are not evenly spaced, as Metatrader plots the horizontal axis on a per closed trade scale, not on a linear time scale. So the distance between the dot 5 and 6 from the left, is just one week. That is the week before last week, which was a very active week for Gomega Xray. It was during that week, that the large disparity between the account balance and equity balance became abundantly clear. They were for much of the week moving in opposite directions, the account balance was falling yet the equity balance was generally significantly higher. Of course the account balance will see a decline, if trades are exited at the stop loss value, the equity balance includes all open trades, many of which are likely to be closing in on their profit targets. Of course when you have the software trading right in front of you, you can see this effect, first hand. Which is what motivated me to make the above video.

Click Here for my Gomega GBPJPY Review and Back Tests, Forward Tests and Live Results

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So what’s wrong with retiring? If you’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 store away a little nest egg for, so we can enjoy the golden years of lives.

Wrong! 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’ve been working so hard to build up. Let’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.

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.

This doesn’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.

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. You can exchange your time for some money or you can exchange money and free your time. The biggest money market in the world is the foreign currency exchange market (FOREX). Over US$3.2 trillion in foreign currencies from around the world change hands every business day of the week.

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 automated Forex trading system is Gomega Xray.

While it is not possible to buy Gomega Xray 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 Gomega GBPJPY.

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.

Quantum meet a Gomega Autotrader client in Switzerland

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 his live trading account in 7 months, trading the GBP/YEN currency pair and on auto-pilot using Gomega Autotrader.

More GoMega GBPJPY Videos released by Quantum Research

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.

The GoMega GBPJPY Under the Hood, 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.

Go to the Official GoMega GBPJPY Site

Click Here for a Gomega GBPJPY Review to see Gomega GBPJPY in action

Technorati Tags: four year retirement plan, gbpjpy autotrader review, gomega review, gomega users, live trading with gomega

Once GOmega closes, no one knows if or when it will be available again. We do know, if a new & even more powerful version is released to the public, it will cost no less than $10K.

The smart choice would be to purchase Gomega Xray now! You get immediate access to the most powerful, fully automated, hands free, intraday trading system available. You will also be getting in at less than half the future price, with free upgrades to all future versions.

Visit the Official Website Now

Automated, Hands-Free Intraday Trading System

Technorati Tags: Automated, automated trading system, expert advisor, forex robot, gomega, gomega review, Hands-Free Intraday Trading System, intraday trading system

GOMEGA XRAY IS NOW LIVE!

Only Three Two Days Remain!!!

Quantum Research have just released their highly anticipated Forex trading system

Gomega Xray will be snapped up by a number of astute traders from March 19th to March 21st. After that, it may never be released again to the general public.

Read Our Full Review Here

Or Go Straight to the Official Site

• Automatic Entries

• Automatic Targets

• Automatic Stop Losses

• Automatic Profit Targets

• Automatic Exits

• Automatic Money/Risk Management

• Automatic Position Sizing

• Automatic Order Execution

Download Gomega Xray Now

This EA represents the latest expert advisor in their line of high end automated expert advisors. Starting with Forex ProfitPro AutoTrader, which automated buy, sell, stop, target and exit order execution. Through to Gomega TraderFX with included a plethora of sophisticated analytical components with even more push button technology and deeper market analytics, advance strategies, profit targets and risk management. The advancement continues with Gomega Xray by Quantum Research.

GOmega Xray is different from previous versions in several distinct ways:

1) Gomega Xray is designed around the philosophy of get rich slowly. Xray was created to make slow, but steady gains employing a loose stop loss, smaller position size, and higher Reward/Risk ratio. In this way, it’s a bit like buying options. You know your risk and your potential return ahead of time, but you may have to wait a while to realize the rewards.

2) In addition to a Profit Target, the system also features a unique profit to risk calculation.

3) In the system, your profit goal and return to risk ratio are integrated into the system’s position sizing algorithm.

Take a $5,000 account, risking 1% of the balance, 300-pip profit target, R/R ratio 3.5:1 yields an 86-pip stop loss and a position size of .06 lots calculated automatically.

4) The system calculates the relative strength of both currencies against all crosses of both currencies for the pair you are trading, and filters entries based on this information.

5) The system tests volatility in two distinct ways, combining standard deviation and average true range into the Market Pulse indicator, to identifies areas where market activity is heating up and trends may be in motion.

6) The system distinguishes between "random" movements in the market and trending movement through its proprietary Randomness Indicator.

7) Automatic scaling out – when a predetermined fraction of the profit target is reached, Xray will liquidate half of the trade’s position size.

The system does not have as many parameters. Most are fixed or limited to a narrow range.

9) The system can be traded continuously

10) An optional trailing stop loss is included among the system’s strategies.

The combination of these components makes the system an awesome forex trading EA.

Total Automation Forex Trading Suite

Trade Profitably Trade on Auto Pilot

Technorati Tags: automated forex trading, Expert Advisors, forex trading, fund management, gomega xray report, metatrader4

Gomega Xray will be available to a lucky few trader on March 19th 2009 for just 3 days.

Xray is the latest thoroughbred in their line of high end automated systems. Starting with Forex Profit Pro AutoTrader which automated buy, sell, stop, target and exit order execution. Through to Gomega TraderFX with included a plethora of advanced analysis features and even more push and play technology for deeper market analytics, advance strategies, profit targets and risk management. Now Quantum Reasearch are bringing us Gomega Xray.

What does GOmega XRay improve over the previous Gomega Autotrader version?

1) Gomega Xray is designed around the philosophy of get rich slowly. Employing a loose stop loss and smaller position size, resulting in higher return to risk ratios. In this way, trading forex becomes similar to buying options. Before you begin you already know the risk and potential return, but you may have to wait a while to realize the rewards.

2) In addition to a Profit Target, GOmega Xray also features a unique profit to risk calculation.

3) In GOmega Xray, your profit goal and return to risk ratio are intergrated into GOmega Xray’s position sizing algorithm.

Example: $5,000 account, risking 1% of the balance, 300-pip profit target, R/R ratio 3.5:1 yields an 86-pip stop loss and a position size of .06 lots automatically calculated.

4) The system compares the relative strength of both currencies across every cross of both currencies for the pair you are trading, and filters entries according to this data.

5) The system tests volatility with two independent methods, combining standard deviation and average true range into the Market Pulse indicator, which identifies areas where market activity is picking up and trends may be under way.

6) The system identifies "random" movements in the market and trending movement through its proprietary Randomness Indicator.

7) Automatic scaling out – if a predetermined fraction of the profit target is attained, Xray will liquidate half of it’s position is the trade.

The system does not have as many parameters. Many are limited in range or fixed.

9) You can trade with GOmega Xray 24/7

10) An optional trailing stop loss is included among GOmega Xray’s strategies.

These components when combined make GOmega Xray a formidable trading EA.

To get the GOMEGA Xray for more information

Download the GOMEGA Xray Report Now

FOREX is an acronym frequently used to name the foreign exchange market, also commonly called ‘Forex’ and ‘retail forex’ or ‘FX’ or ‘Spot FX’ and sometimes simply ‘Spot’.
Getting started in the Forex business is very easy requiring almost nothing. This is one of the reasons Forex is such a popular home business. Add to that its impunity to the current world financial crisis and you have a viable home business opportunity. I recommend that you first start out with a demo account while you get familiar with internet trading with metarader4 platform and expert advisor such as GOmega Xray from Quantum Research.

Technorati Tags: Gomega Autotrader FX, GOMEGA Xray

Download the GOMEGA Xray Report Now

GOMEGA Xray – Top 5 Frequently Asked Questions

1.
Will the GOMEGA Operate on a MT4 type platform?
"The Gomega will operate exclusively on a MT4 type platform. There are dozens of brokerages available online today that offer and support the free MT4 download. And the great thing about the MT4 is that it also offers a free data feed. There are also a number of brokerages that also offer a fractional PIP as well as market order platforms, and the GOmega will work with all of those as well."

What is the MT4 Platform?
"The MT4 Platform is simply the interface on which we see the incoming data that turns into price quotes for the incoming currency prices. And its also the place where we place our orders as well as track the orders that are in motion. So its simply the operating platform or the interface that users apply GOMEGA to and are able to interact with the trading. Brokerages supply that platform for us and that is how we interact with them."

2.
Is the System Completely Automated?
"I’m not sure if we’ve been able to express this enough. The GOMEGA is truely an automated program. Once you download the software and after the initial setup of opening the currencies that you want to trade and inputting the parameters for those currencies. You simply set the GOMEGA in motion and you walk away. You don’t have to do anything else. You can observe your trading from time to time but no further interaction is needed on your part. From time to time we will offer updates or new news on strategies and we’re happy to share those with our customers and that will require a little more input on your side. But other than that, the GOMEGA is a completely automated program and its going to allow your trading to simply run on its own and free your time."

And all they do is a simple install file to put that GOMEGA program onto that MT4 platform?

"That’s right. The GOMEGA is actually and Expert Advisor program. What it does is it installs itself seamlessly onto the MT4 type platform. The MT4 then takes the Expert Advisor or GOMEGA and it operates according to the rules set forth during the initial setup."

3.
How will the licensing work?
"People want to know. Will the GOMEGA be able to operate on more than one computer? The short answer to that is no. The long answer is yes and no, let me explain. The security features we offer with the licsensing, means that you can only operate the GOMEGA on one computer or more specifically one computer at a time. If you do choose to download the GOMEGA onto a second computer, the GOMEGA will only operate on one computer at a time. Unfortunately they won’t be able to run the GOMEGA on two computers simutaniously. So we do prefer it that our customers run it on one home based computer with a dedicated power and a decated internet connection."

4.
Will there be recommendations?
"People are kind of currious about the setup that we keep talking about and want to know. Are we going to have recommendations for what currencies to trade and what should those settings for those currencies. And the answer to that is. Absolutely! Of course we’re going to have a lot of research put into the currencies that we choose, and the parameters that we choose to run them at. We want to make sure that we have empowered our customers with as much information as they need to get the system up and running and trade successfully. So we will have plenty of setup guides as well as training materials and more information than you can shake a stick at, just to make sure our customers have all the info’ they need to really get this product working for them."

5.
What kind of support can you expect after purchasing the GOMEGA product?
"We’re happy to say that we have unlimited support available to all of our customers. And that includes phone calls, emails, live webinars and even one on one coaching that myself and our customer support staff are happy to offer. That support never runs out, that support is unlimited and we’re happy to work with all of our customers to make sure that they’re all getting the most success that they can out of our program."

Download the GOMEGA Xray Report Now

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