Browsing articles from "August, 2009"
Aug
17
2009

GBP/JPY August 17

Hope everyone saw that the GBP/JPY went short this week. If you are following the 4 hour breakout you could have gone to TP3 and made about 200 pips. Also I have been looking at the 1H charts as an alternative tot trading the 4H and it also made about 200 pips today. So I will keep updating you all later, make sure to stop by the forex4noobs journal and we will all make pips. [...]

Aug
14
2009

Week of August 10th

So everything seemed good this week and hope everyone had some good trades. I will be back on Sunday night to catch on the 4H breakout and keep the trading going. I will also be trading the CHF/JPY on the 4H breakout this coming week to try it out but have a very good feeling about this. I am also looking specifically on the GBP/JPY daily charts which I started this past week and I [...]

Aug
10
2009

GBP/JPY Daily Short Signal

  Just took a look at my charts and saw a short sell signal on the GBP/JPY Daily chart. Here is a quick screen shot showing all the indicators indicating a short sell signal.

Aug
9
2009

Platform Update

I have been getting a low of questions especially about people in the USA not being able to hedge due to the new NFA rules. I personally use IBFX and they allow you to open two accounts with them and even have a special platform that allows you to use both accounts letting you go long in one and short in the other. This is probably the only way to do this in the USA [...]

Aug
9
2009

Trading this Fall – Big Update

Hey everyone just wanted to throw a new update showing what my plans for this Fall are. Which strategies I will be using and what I think to happen. My first strategy is my favorite one the 4H breakout on the GBPJPY. It has been proven over and over again for a few months and think it should prove it self this fall. My second one is the very useful S/R lines which have been [...]