Monthly Archives: March 2008

GBPJPY Range

WOW. Crazy day for sure already. Our Robot is set not to trade if a range is to wide, giving us a protection plan from false breakouts. For the first time in 21 trading days, we have a no trade, …

GBPJPY Day 20

Now that we hit the 20th trading day in a row with this robot, we need to recollect our thoughts and see where we are.

Day 1 – We started with a $5000 Demo account.

Within this time period we …

GBPJPY Trade

A big downward movement occurred soon after the orders were placed. The Target profit was missed by 5 pips and came back to our trailing stop with a nice gain. Again the demo robot did what it was supposed to …

Forex Brokers Economic News

Here is a quick video on the economic news being reported this week. This is sponsored by one of the Forex Brockers that we talk about on this site. FXDD is using it resources to help Forex traders.…

Pound Yen Day 18ish

It was a weird day overall in the market, which led us to one loss. The Forex auto trading robot seems to just hang around for us. We will see what happens tomorrow and post the results. So far our …

Trading Robots and Human Error

When there is a problem, people always say it’s most likely the person’s fault versus the computer. This time that statement is totally true. Due to the day lights savings switch, we decided to switch the time settings for the …

Pound Yen Again

We had another tough day this morning with Mr. Robot. The trading robot gave us one loss and brought our account in the red by -15 for the 15 trading days. So far this is a breakeven robot. If you …

Non Farm Payroll News Trade

The GBPJPY was the currency pair to trade this time around during the Non farm payroll announcement at 8:30am this morning. There was a perfect support and resistance level created within our 15 minute time frame. Although the news was …

Pound Yen Trade Day 14

Pretty dismal report for the NFP for both traders and the US economy. Very choppy news trade led us to one loss on the robot trade. We knew it would be an important event, but it looked like a broker …

NFP News Trading

What to look for? The forecast is set for an even 5%. Alright, so what does this mean to us news traders? This NFP announcement is obviously one of the biggest events in some time, so we should see movement …