Monthly Archives: February 2008
Pound Yen Trade Day Two
It’s a good thing we are testing this strategy out before even think to go live with it. This is the power of having many robots at your finger tips, you can try as many trading robots as you wish. Some days will be better than others for sure. This is a definition of the double dip. We had a entry long that failed and an entry short that failed all in one day. When the pair doesn’t want toRead more ….
Forex Trading Robot
We all thought robots would be in control of the world one day and that hasn’t happened. Right now there is something serious brewing when it comes to Forex trading robots. These trading robots are allowing traders to trade without emotion. The hardest thing in trading is keeping emotion on the sidelines and not getting involved. How many times have you watched a trade go in your favor, retrace and you exit, only to watch it follow through in theRead more ….
Pound Yen Trade Day One
Following the GBPJPY trading strategy listed earlier, with a few modifications and using an expert advisor, we will post the results on a daily basis. This strategy is by all means, not the holy grail, but has a lot of potential. Remember this is for demo purposes and should not be traded without the proper knowledge. We started with a $5000 account, so let’s see where this takes us. Our settings are a little different since we are looking forRead more ….
GBPJPY Trading Strategy
Known as the beast due to it’s large swings, the pound/yen can be tamed if using a low risk high potential trading strategy. Listed below is a great way to trade this currency pair. Due to the large swings in this pair, target profits and stop losses may vary based on the traders discretion. We are looking for the Low and High range between 2:00pm EST and 9:00pm EST. This will be the end of the New York session andRead more ….
