Mar
15
2011

4H Weekly Breakout Review

Hey everyone so if you have been keeping up with my blog you would now by know of the 4 hour weekly breakout that I have been using for a very long time. For the overall breakdown of the strategy just click on the top right corner of the page on the 4H Breakout Section or Click Here. Also I would go ahead and check out the video section for a few more breakdowns on how it works.

The overall rules of the strategy have no changed except for one thing that I have noticed that makes it work a bit better now.

I have stopped using the 20 pips buffer and just go off the line and add the difference of the spread and that is it. That way I have noticed you should be able to make a decent 40 to 50 pips a week of each pair that you trade.While you will have some losers I do feel that the winners will out do the losers. Also as I always say do not take these trades blindly it will not work please have a reason to go long or short on a trades, keep an eye on the trend and the news.

Thanks,

Gus FX

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