Hey everyone I am done trading for the weekend, but just wanted to point two new things out. I will no longer trade the master candles or the 15 min strategy if the box or candle is larger than 75 pips, this just leads to bad trends and they never work.

Hey everyone, this has been pretty much a great week. All my strategies worked great and had a lot of pips made. First of all my favorite the 4H breakout, even though the week isnt over I decided to close this out. It went long at first then hit the 1TP and reversed all the way to trigger the short sell and hit 1TP. Here is a quick screen shot of the trade, red circles [...]

Hey everyone so we have a double master candle formed in the GBP/JPY 1H time frame, they are nine candles long so far and waiting for the Tokyo Session to see if it gets the boost to break either the high or low. If it is a short, then going 75 pips then trailling stop to see if it passes and rbeaks the 155.90 S/R line and then will continue with the trailing stop until [...]

Hey everyone so its finally Monday again, my favorite day of the week for trading. Just looked at the 4H breakout and got a nice 100 pips out of it, and waiting to see where it goes, since it might be setting up a reversal will know more later today or early tomorrow. Also on the GBPJPY just got a big master candle and another smaller master candle formed inside of it, so we should [...]

Support and Resistance lines are one of the best ways to trade and one of the oldest ways to trade. I have been trying to learn more and more about this method of trading for some time now and I feel its time to show my ideas. First thigns first, this has become one of my favorite methods for trading because it is the simplest method I have come to learn. I use no indicators, [...]

Alright everybody, this has already been a good day, I set up my normal 4H system parameters, 20 pip buffer, etc… I got a nice 80 pips this morning and I am observing a master candle on the GBP/JPY 1H chart. I will update this later. Also I have noticed that with the 4H strategy and trading master candles with some support and resistance lines I will be able to make a nice profit off [...]

This is my new Forex Intro Guide, its a very good guide that will give you everything you need to start a demo account and start learning the great world of Forex. GusFX-Forex-Guide

Due to some advice from friends I will no longer trade the 4H breakout using moving averages. I will instead use support resistance levels since they are more accurate and a lot better at predicting if the trend is going to go long or stop. I will soon update the 4H breakout page to reflect these changes.

I have been reading over some forums and ebooks and have found that support and resistance lines are very useful in forex trading. I have been setting some lines on my GBP/JPY chart and it actually even helped a lot with my 4H breakout this morning. I will try and post some screen shots of how my charts look and how I have been using these methods. I will also write a few things on [...]

Hey everybody this past week I was looking at moving averages on the 4H charts to better give me a view of trades and how the pair was trending. I put the same Exponential Moving Averages I have on the 15min breakout and they seem to work pretty good. Its a ncie way to see if the market is really reversing when it breaks another line. Hope this helps everyone out. The Exponential Moving Averages [...]