Decided to make a brief video to show Gomega Xray in action. Xray ended the week with a balance of $6980, which is slightly off last weeks high. However just looking at the balance is a little misleading, as there are many trades that are still open. I believe a more relevant number to look at, is the equity balance, which is currently up to $8059.24. Of course, if I were to manually closed out all the positions, this would be the approximate account balance.

It is unfortunate that the Metatrader platform doesn’t include the equity balance in it’s chart for the detailed report. This, along with the account balance, would give a much better profile for the trading performance.

In order to illustrate this point, I decided to plot the equity balance onto the account balance chart. Each red dot represents the current equity balance at the end of each week. The green line is simply to illustrate an approximate equity balance curve. Of course the only equity balance data I have, is from the detailed reports generated by Metatrader and I’ve only been producing those once per week. It would be nice if there were a plugin for Metatrader that could log the equity balance at regular intervals and produce a nice graph at the push of a button.

Notice the red dots are not evenly spaced, as Metatrader plots the horizontal axis on a per closed trade scale, not on a constant time scale. So the distance between the dot 5 and 6 from the left, is just one week. That is the week before last week, which had been a very active week for Gomega Xray. It was during that week, that the large discrepency between the account balance and the equity balance became abundently clear. While the account balance was in decline for much of the week, the equity balance was flux but generally rising. Of course the account balance will see a decline, if trades are exited if the stop loss is hit, the equity balance includes all open trades, many of which are likely to be closing in on their profit targets. Of course with Xray trading right in front of you, you can witness this phenominon in action. Which is what initially motivated me to make the latest video.

Also see my Gomega GBPJPY Review to see Gomega GBPJPY in action

Is There a Secret to Retire in 4 Years?

So what’s wrong with retiring? If you have plenty of money to enjoy a pleasant lifestyle or at least maintain the quality of life you are accustomed to. Then retirement is great! Of course for most of us, the idea of retiring is just something in the distant future. Something to store away a little nest egg for, so we can make the most of the golden years of lives.

Wrong! In the current economic situation, retirement may be closer than you think, forced early retirement that is. As for that nest egg you’ve been working so hard to accumulate. Let’s not talk about the looting of the 401Ks, housing market crash, credit crunch, stock market collapse, looting of investment funds, trillion dollar bank handouts with your future tax dollars to reward well connected white collar (I’ll let you fill in the blank). To sum it up, a complete economic meltdown. And lets not even go into who authorized corporate subsidies to export your job to China.

These are just some of the multitude of reasons why you may never be able to retire, fulfill your passions, follow your dreams and enjoy your life. These are all reasons why you will likely be working to the end of your days to make money for some corporation or perhaps worse.

This doesn’t have to be your reality. Your life can and should be better but its up to you to make the choice. So lets talk about why you could retire and enjoy all life has to offer. And how this could be achieved within four short years from now.

In spite of all the doom and gloom around us, there is one thing you should remember. Money is never destroyed, it simply changes hands. You can exchange your free time for money or you can exchange money and free your time. The biggest market for money in the world is the foreign currency exchange market (FOREX). Trillions of dollars in foreign currencies across the world change hands every business day of the week.

If only there were a way to tap into this using an automated trading system, that was capable of profiting from the changes in the currency prices, day and night. Well there are many automated trading systems that do just that. The best of them can make money consistently month after month. Gomega Xray is an excellent example of a high end automated trading system.

Although it may not be possible to buy Xray any longer, there is a new and extremely valuable release coming from the creators of Gomega. In less than a week from now, Quantum Research will be making available a totally new update to their extremely popular GOmega Autotrader FX. This new version of Autotrader has been named GoMega GBPJPY.

Gomega GBPJPY specializes in trading the Great British Pound Japanese Yen, currency pair. This pair of currencies has proven to be very profitable for Gomega owners, some have even made their live trading accounts available for Quantum Research to publish online. Jonathan and David present a Four Year Retirement Plan based on the compounding gains possible by simply trading on autopilot using Gomega GBPJPY with a starting balance of just $5000. At the current rate of equity growth, within 4 years, the balance would be over $1,200,000. Hence the title, the 4 Year Retirement Plan.

Quantum meet a Gomega Autotrader client in Switzerland

Last week Ken Herbert Snr. and Jonathan Herbert of Quantum Research released a video of their meeting with one of their Swiss clients, who had nearly doubled his live trading account in seven months, trading the GBP/YEN currency pair and on auto-pilot with Gomega AutotraderFX.

New GoMega GBPJPY Videos from Quantum Research

A new video has now been released where Quantum take you the inner workings of Gomega GBPJPY Autotrader. It’s a very interesting presentation and essential viewing for everyone considering investing in Gomega GBPJPY or simply trading this currency pair. This video goes into great detail showing the signals and indicators Gomega GBPJPY uses in determining when to enter or close a trade. If you are new to Forex then this may be a little intimidating, however the best part is that Gomega GBPJPY handles all the complexity for you, you only need to set few settings for example Risk per Trade, Stop Loss and Take Profit.

The GOmega GBPJPY Under the Hood, is a truly fascinating presentation that not only takes you under the hood but through a trading week with the Gomega GBPJPY as well, and I thoroughly recommend watching it at least once if not three times.

See the GoMega GBPJPY Website

Click Here for my Gomega GBP JPY Review to see Gomega GBP JPY in action

Technorati Tags: autotrader, Gomega GBP JPY

XRay to be Re-released For 3 More Days!

You can read the full announcement here – GOmega Update Report

"Based on the number of requests we’ve received today after taking the XRay order site offline at midnight last night, we’ve decided to re-deploy the release of Gomega XRay this Tuesday – Thursday.…" read more

So if you were one of the unlucky ones who missed out last week then you have another opportunity to start trading with the software before it’s only available to high end investors, hedge fund and money managers.

There is small chance they’ll one day release a lite version that under 10K. Or perhaps the next time it is offered to the general public it will still be in the lower 5 figures. It seems the choice is get Gomega now or be prepared to pay up to $50,000 if it’s ever available again. Given that they offer a full 3 month money back guarantee (see details here) the choice would seem to be obvious.

Technorati Tags: SEnuke: Ready for action!