A quick step thru an automated trade with Gomega Xray to get a feel for how Gomega operates.
1. Entry
Gomega Xray trade entry triggered
Notice the space between the stop loss and the entry gives this trade masses of room. The Take Profit target is 450 pips and the Reward / Risk ratio is five, that means the stop loss is ninety pips. Based mostly on a 1% risk factor, the position size for the trade is .05. As you can see, the stop loss keeps you in the trade, even if there are retracements and reversals.
2. Wide Initial Stop Loss
Gomega Xray wide initial stop loss.
Don’t forget, the mission is to get to the target or exit with a 1% loss. Liquidation of half Position to fasten in First Profit and Concurrent Stop Loss Tightening. At about that point, we zoom out to see the 1st half of our position is liquidated.
3. Liquidation of Half of Position to Lock in Initial Profit and Simultaneous Stop Loss Tightening
Liquidation of Half of Position to Lock in Initial Profit
Our FractionProfit setting is 0.6 and our Take Profit target is 450 pips, meaning that at 0.6 times 450, or three hundred pips, it’s time to take some profit. At the same time , the stop loss moves to break-even plus thirty pips. Liquidation of twelve Position to fasten in 1st Profit. The second twelve our position was closed out at the 450-pip profit level. In the total, we basically made a gain of 4% of our account.
4. Exit at Profit Target
Gomega Xray exit strategy at profit target
As you can see from the chart below, it takes disciplined hands-off trading to get to the profit target. Our position was closed out at the 450-pip profit level.
It is only fair to warn you that the doors will close on Gomega Xray at Midnight, Thursday March 26th (Pacific Time, USA) to be exact. Visit the Official GoMega Xray site now
Gomega is the premier hands free automated forex trading suite from Quantum Research. With each release Gomega just keeps getting better and better, going from strength to strength. Becoming more profitable, more automated and easier to use. However the price continues to rise accordingly. The good news is that once you purchase Gomega, you become part of a privileged group who not only receive unlimited expert support in setting up and trading with Gomega, you also receive all future updates and releases free of charge.
Just released on the Gomega site are some more examples of Gomega in action.
Gomega Xray 30 Min pairs made 278% profit in one year
Gomega Xray 1 hour pairs made 492% profit in one year
Gomega Xray in brief:
* True Hands-Free, Brain-Free and Emotion-Free Forex Trading
* Unequaled Support * All Future Updates at no additional cost
* They guarantee you’ll make money or will refund the full price (conditions do apply, such as you must setup Gomega according to their instructions and actually trade with it, either on a demo or live account.)
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Tags: fractional profit, hands off trading, profit target, stop loss
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