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Pound Yen Trade Day Six

February 26, 2008

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, we should start to see more winners, but until that happens we will have to wait and keep testing. The power of testing on demo accounts is well worth the time and investment. The best thing is, you could have a multiple demos going, trading different strategies as you trade a live account. You only need to make sure every thing is working properly.

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