Gomega Xray was also trading this currency pair having entered its position the week before. Just now Gomega Xray exited its position in the GBP JPY at a profit of $704.52. Sending the account balance to $7686.72 and an equity balance at $8850.

Click Here for a Gomega GBP JPY to see Gomega GBP JPY in action

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So how well did Gomega GBPJPY do in the back test? I ran the test 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 finished 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 2 2008 starting with a balance of $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, talk about his experience trading with Gomega and the settings he uses for trading the GBPJPY. Sean Hummel ran a $5000 demo account over the same period which hit a closing balance of $14,608.67 by April 3, that’s a gain of 192%. And another client traded a live money account starting with $5000 beginning in October 5, 2005 and by April 10 was at $12,811.01 or a gain of 156%.

Here I’ve taken the back test result chart and superimposed it over the live result charts (Sean, Greg). I then color coded the balance curves so it would be 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 back test results.
You can find more information about the Gomega Pound Yen here GoMEGA GBP JPY Review.

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The results so far: With the opening trade, Gomega GBPJPY adjusted the trailing stop as the price rose. Then when the market retraced, it exited the trade for an end result of zero gain and nothing lost.

The next trade followed a similar pattern, however the market moved somewhat higher before retracing. Once again the Gomega GBPJPY adjusted the stop loss exited with a small profit.

Gomega Pound Yen is designed to follow a strategy of consistent, steady gains, over the long term. The results of the forward test are so far are very good and indicative of what we can expect when trading with Gomega GBPJPY. Tomorrow I’ll also begin running some back tests as well, to get a clearer picture how well Gomega GBPJPY performs. Quantum have already published live trading results from their clients who have been trading Gomega Autotrader for the last 8 months. So we already know that Gomega GBPJPY is very profitable on the Pound Yen pair.

Quantum research are so confident with the profitability of Gomega GBPJPY, that they have announced 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 impressive guarantee and shows just how supremely 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 next Monday at midnight. In the mean time, they summarize it in their blog and in their most recent video titled “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 acquire this software. I’m sure many people will learn of Gomega GBPJPY after sales have closed. However this is tradition of Gomega automated trading software. So if you do miss out on this launch, then I highly recommend you join my mailing list, to be sure you don’t miss out next time.

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Wrong! In the current economic climate, retirement is probably closer than you think, forced early retirement that is. As for the 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, trillion 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 get into finger pointing over who authorized tax incentives to export your livelyhood to China.

These are some of the multitude of reasons why you will probably never be able to retire, fulfill your passions, follow your dreams and enjoy your life. These are all reasons why you will likely be working to the end of your days to make money for some corporation or perhaps worse.

This does not have to be your reality. Your life can and should be different but its up to you to make the difference. So lets talk about why you could retire and enjoy all life has to offer. And that this could be achieved in just 4 short years.

In spite of all the doom and gloom from the corporate media, there is one thing you should know. Money is never destroyed, it simply changes hands. You can exchange your time for money or you can exchange money and free your time. The biggest market for money in the world is the foreign currency exchange market (FOREX). Over US$3.2 trillion in foreign currencies across the world change hands every business day of the week.

If only there was a way to take part in the Forex market with an automated trading system, that was capable of profiting from the changes in the currency prices, day and night. Well there are many such trading systems available. And the best of them can make money consistently month after month. One such example of an excellent automated Forex trading system is Gomega Xray.

Although it is not possible to purchase Xray at this time, there is a new and very exciting offering from Quantum Research. In less than a week from now, Quantum Research will release a totally new version of their extremely popular GOmega Autotrader FX. This newest version of Autotrader is named GOmega GBPJPY or (Pound Yen).

Gomega GBPJPY specializes in trading the Great British Pound Japanese Yen, currency pair. This pair of currencies has proven to be very profitable for many Gomega owners, some have even made their live trading accounts available for Quantum Research to display online. Jonathan and David present a 4 Year Retirement Plan based on the compounding profits possible by simply using Gomega GBPJPY to trade on autopilot with 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 4 Year Retirement Plan.

Quantum meet a Swiss Gomega Autotrader client in Switzerland

Last week Ken Herbert Snr. and Jonathan Herbert of Quantum Research released a video of their meeting with one of their clients who lives in Switzerland, who had almost doubled the balance on his live trading account in 7 months, trading this currency pair and on auto-pilot using Gomega Autotrader.

New Pound Yen Trading Videos released by GOmega

A new video has now been released where Quantum show you the inner workings of the Gomega GBPJPY Autotrader. It’s a fascinating presentation and very informative for everyone considering buying Gomega GBPJPY or simply trading this currency pair. This video goes into great detail showing the signals and indicators Gomega GBPJPY uses in determining when to enter or exit a trade. If you are new to Forex then this may be a little intimidating, however the great part about the Gomega system is that Gomega GBPJPY handles all the complexity for you, you only need to set few criteria for example Risk per Trade, Stop Loss and Take Profit preference.

The GOmega GBPJPY Under the Hood, is a very interesting presentation which not only takes you under the hood but through a trading week with the Gomega GBPJPY also, I thoroughly recommend watching it at least once if not three times.

See the Website

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

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Part of the explanation for the string of losses in my view is Gomega Xray trades multiple currency pairs and one of the entry factors is the cross currencies strength for each currency pair being traded. So when the market direction changes and goes against Gomega, Gomega will possibly have many tiny losses in a row as the stop losses are triggered. Of course the opposite is true when Gomega is on the right side of a market movement, the result being multiple enormous wins in a row.

This is exactly how last weeks trading had been. Gomega found itself on the wrong side of the market movement a few times as well as having some positions that were spiked out by major news events. Those news events without doubt had sent a cascade of stop losses rippling across the markets. Maybe a great oppurtunity for a dedicated manual trader? However notwithstanding this, Gomega was still in the trade on many positions since the beginning of the week and earlier. And as the Euro continued to strengthen during the week, Gomega’s equity position continued to grow, even though its balance was down.

By the end of the week, Gomega had closed out many positions it had been holding and finished the week with a balance of $7296 and equity of $7478. So that was a gain of $2296 or 45% in less than 1 month.

While the weeks trading did not produce a nice smooth balance curve, the end result is still really impressive. If Metatrader were able to show an equity curve that encompassed the equity balance, it would be better to visualize how the trading situation had progressed. Another limitation of the chart s produced by Metatrader are that the horizontal axis is constructed on a trade by trade basis rather than a fixed unit of time. So the end result is a somewhat distorted view.
Follow along with my latest Quantum Gomega Live Trading Results

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