GBPJPY Logs Continued
These are past trades taken by the GBPJPY Robot
GBPJPY Explosion
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...
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, so performance will not be tested today. We will monitor the...
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 saw our balance drop to $4152 and go up to $6674 trading...
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 do. The account is still profitable, so we will continue trading it....
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 demo account is still in the green, so nothing to worry about....
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 trading robot. Meanwhile these changes did not need to be made, since...
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 had trading rebates to go with it, you would be up...
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 play on this one. A lot of swing with in the first...
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,...
Pound Yen Trade Day 12
After two dismal days trading this robot we are back in action. We had a great Long entry that once took off never looked back. This trade not only reached our target profit within tow hours it also brought us back into the green by a nice sum. This trading signal robot...
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...
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...
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...
Pound Yen Trade Day Nine
The beast was tamed last night for sure. After nine trading days, we finally saw the power of the trading robot and keeping the emotions out of it. We knew once the GBPJPY broke out of it's tight range, that the system would follow through too the end. The demo account took...
Pound Yen Trade Day Eight
Here we go again with another Robot trading test. This time we had two trades. We had One loser and one winner. Both were short trades and the second one was in some nice profit, but retraced at the end of the day for our automatic close trigger. So after eight...
Pound Yen Trade Day Seven
Even Robots miss the target profit by 5 pips. There were two trades taken today with the GBPJPY trading robot. One was stopped out, but the other followed through all the way to within 5 pips of the target and then moved back to our trailing stop. You can't let it bother...
Pound Yen Trade Day Six
We took one trade today using our GBPJPY trading robot and it was a loss. Since the currency pair doesn't know where to go, either does our trading robot. We've taken a handful of trades at this point, but have only found some minor success. If we break out of this range,...
Pound Yen Trade Day Five
A different story was told for today's trade. The one trade we did have didn't hit a stop loss or a target profit in the alloted time period. The great thing about this robot trading strategy was it closed on its own, so it avoided dead zone moves. The good thing about...
Pound Yen Trade Day Four
It looks like we are going to end the week in the red with this demo trading robot. The beast wanted to stay in a pretty tight range all week. I guess that is what comes with the environment we are in right now with the global economy. We will continue with...
Pound Yen Trade Day Three
We had one trade trigger today and it missed our target by only a few pips and retraced to our trailing stop, giving us a nice gain. The trailing stop is really nice, so you don't give all your gains back. This trading strategy has it's pros and cons, because you do leave...
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...
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...
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...