Monthly Archives: March 2008
Pound Yen Trade Day 13
Not too much action on the pair. Most likely some consolidation before the NFP number comes out. We took one loss, but we are still in the green after 13 trading days. No complaints, No emotions, just waiting to see what this thing does. The chart graphics are getting pretty big, so we’ll only be showing the last few trading days. If you want the story from the beginning you can go to the first post Pound Yen Robot DayRead more ….
Pound Yen Trade Continued
Another double dip for this trading robot. After a few days of heavy movement it looks like the currency pair is ready to consolidate for awhile. It could be until Friday, when the NFP report comes out that we will see some strong moves. In a lot of cases this may be the time to pause the robot, but since this is a demo test we will keep this baby going. Our account is now down -302. We will lookRead more ….
Pound Yen Trade Day Ten
After a great ride Friday the robot took two losses today, leaving us in the green, but with a bit of confusion. For 11 straight days we were in a fairly tight range and within the last four trading days we dropped 1000 pips. There were some breakouts a long the way, but now we are near some 2006 lows, so we may see some more consolidation. We will let the robot run all week and see how it handlesRead more ….
GBPJPY Hitting 2006 Lows
We are hitting two year lows on the beast, so we may be ready for some extreme moves. The currency pair gapped down on Sunday night following the blow up on the US market on Friday. Is this a tell of what might behold us in the future. Now is the time where breakout strategies should shine, but we will let the robot tell us for sure. Follow us this week for some more Robot trading updates.
