Hello everyone, hope the Christmas break has treated everyone good and you are not too full on Christmas Eve dinner. This will probably be my first and last post for the whole month for a few reasons. As a lot of you know I graduated from my undergraduate course work a week ago and with all the family visits and celebration have not been very active on any of my online forums. Not only that [...]

Hey everyone so while I have been focusing a lot on the daily charts and Bob`s 10.1 trend, range, and ctr system, I still use the original 4H breakout. I have narrowed it to the two pairs that I noticed where the most profitable and depending how the news is that week and how big the first 4H candle of the week is. Here are two screen shots of the GBPJPY and USDJPY 4H charts [...]

Hey everyone, after almost 4 years of trading every known time frame to man, I have finally decided upon what to trade. I cannot take credit for this as it was all Bob`s doing over at ForexFactory.com and the many contributors to his thread. Over the years I have worked on 5 to 15 minute time frames thinking scalping was the answer to making a fortune in the forex markets. While many people to make [...]

Hey everyone so it has been quite an interesting month with so much happening in Europe, which we still have not seen an end too. I just wanted to drop a quick word in about how I have started to change my trading habits to better suit what I want. Many of you know I trade the 1H and 4H charts and have gone into the small time frames a bit to give them a [...]

So for anyone keeping an eye on the 4H breakout, would’ve have noticed that this week is a definite no. Thanks to the Bank of Japan for intervening in the markets after the yen hitting new highs against the dollar last week. Over night the BOJ sold yen across the board causing a plummeting of the currency in the last few hours. We can see the GBP/JPY and USD/JPY have intense spikes of over 400 [...]

Hello everyone,last post for the day, just wanted to update everyone on some finals things. First of all it has definitely been a slow day for the markets, with the bank holiday in the United States and in Canada. If we look at the euro we can see how small positive information from Europe sent the euro skyrocketing. Once the markets opened Sunday afternoon we just saw a constant uptrend for the eur/usd. It clearly [...]

Hello everyone So it is a holiday in the U.S. and Canada so liquidity is a bit low on the dollar side, meaning we will see some interesting things on the euro. First of all I wanted to point out two quick trades relating to the 4H breakout strategy: GBP/JPY for 45 pips USD/JPY for 14 pips So while they are not big trades by any means, not a bad thing to wake up too, [...]

Hello everyone hope you are all enjoying your weekend, just wanted to post a quick review of the 4H breakout on the GBP/JPY and USD/JPY for the first week of October. It has been a crazy week for many currencies with all the news from the U.S. and mainly Europe, since the downgrade of Italy and Spain have just made markets go crazy. First of all lets take a look at the GBP/JPY on the [...]

Hello everyone I have been absent a while, but have just had to deal with some personal problems. Now I am back hopefully for good as long as my last semester of school doesn’t get in the way. I don’t want to keep this too long, so lets get right to the action. Last week the EUR/USD did absolutely nothing until the last day or so of trading. Lets look below: As you can see [...]

Hey everyone, I was not to active on twitter this morning but I have just been under the weather. But must say it was a wonderful morning if you where looking at the euro/dollar on your charts.We had some bad news coming out of the U.S. regarding TIC Net Long – Term Transactions, which rose drastically less than expected. The TIC Long-Term Purchases report measures the difference between domestic securities purchased by foreign investors and [...]