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 you that you left $900 on the table, because that is what the robot is all about. Keeping the emotions on the sidelines is very important. We are near break even again after seven trading days. Still not a bad result considering the consolidation of the pair lately. Again, a demo robot is fantastic for learning what works. In a tough trading environment, this what we can expect. We shall continue testing tomorrow. Stay tuned.

This entry was posted in strategies and tagged , .
Sign up to get a REDUCED price on any Forex Product and also receive the Best Forex Rebates available.

Related Posts

Download a Free Trading Strategy

Get your Free copy of our Range Expansion Reversal Strategy. Best used with other Great Forex Products such as Tom's EA.

Secret News Weapon Spike

Secret News Weapon