Monthly Archives: March 2008
Sterling Yen Trade
Tweet Another strange week for this robot. We ended the day with one trade that closed on its own due to the timing of the day. It was a gain of almost $1,000. We are not at our highs, but we have come to this spot again after falling back into the red this week. Still up over 40% in about 28 days is not that bad if you ask us. This $5000 demo account has proven itself as aRead more ….
Pound Yen Robot Trading
Tweet Quite a reversal occurred over night on this currency pair. We had a trade go short only to be stopped out and a long order triggered. This long order almost reached our target profit, but ended up retracing back to out trailing stop. In the end we netted positive for the day, but almost had a big gain. This demo robot is still in the positive. Stay tuned for more results.
Pound Japanese Yen
Tweet Using these robots is quite fulfilling when they work out. Here we go again. We took two trades last night, one for a lost and the other reached our target profit. The great thing about it reaching the target point is that it retraced 50% after it hit. Getting all the mileage we needed before a turn around is nice. The trailing stop was there in case we needed it, but in the end we made out well. ThisRead more ….
Pound Yen Robot
Tweet Just when you think everything is going your direction a couple of weird days puts you back in the red. Our demo GBPJPY trading robot got double dipped last night in the tight range yesterday and may see some more false breakouts in the future. This is where you could put some discretion in the mix and halt the robot, but since we are testing this breakout strategy we will keep it going.
Weekly Forex News
Tweet Using the videos created by FXDD, we will try to provide you with weekly videos of future events as well as provide you with the daily events when necessary. This will give you the trader more information to help you. Each video will represent a week or day depending on which is available. At least this way you can come back to one spot for all your Forex video needs. Here are the latest events for the week ofRead more ….
GBPJPY Trade
Tweet We are still monitoring the breakout robot for the Pound Yen. Today turned out a bit strange due to the closed market for the Easter holiday. I think the robot got a bit confused and used the wrong high/Low for this trade. Although we made over $230 on this trade, we should have had the whole target profit in our account. These things happen sometimes, so we need to monitor it around in the future around holidays.
Holiday Trading
Tweet It is always wise to stay on the sidelines when there are holiday’s, especially the ones that affect more than one region. Since we are only testing the robot we decided to let it run. Of course the banks are keeping the GBPJPY in a tight range instead of allowing for a breakout. We will continue trading the forex robot on Sunday night. Have a good weekend..
GBPJPY AutoTrade
Tweet What a wild week for this pair. We kicked off the week with huge movements and only a couple of trades, but today was a different story. Our robot got double dipped in the consolidation we expected and took a big loss. Of course the account is still positive, but not up by 50% any more. Listed below are the trading results for the GBPJPY robot on this demo robot account for the past several trading days.
GBPJPY Quiet
Tweet The title of this post is not exactly true. This means we’ve had some exceptional moves on the Pound Yen and the range for our support and resistance is just to wide for the robot to look for a breakout trade. We will continue to watch this robot trading system tomorrow, so stay tuned. We did have a gap fill from Sunday night, so we may see some more big moves or this could be the consolidation area. WeRead more ….
GBPJPY Explosion
Tweet After the last 36 hours watching the Pound Yen drop almost 1000 pips, our trading robot has decided to take part in the movement. We had one trade today and it went all the way to our target point with out any pain. Our account is now up 50% since the first day we started tracking the robot. A $5000 demo account is now $7500. Not bad for a robot. We will keep watching this thing tomorrow.
