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Pound Yen Trade Day Eight

February 28, 2008

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 trading days, the forex trading robot is down $103, trading one standard lot. Considering this tight range trading has been difficult for most manual traders, we should thank the robot for keeping us out of too much trouble. Tomorrow is Friday, so unless we see some big moves from news, we may see some more stops hit. The power of demo autotrading continues.

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