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 [...]

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 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 [...]

Hey everyone so its Tuesday and another great day of trading here is the USD/JPY with the 4 hour breakout: Went through all three profits levels to lock in 100 pips and pushed all the way to 124 pips. Great week so far and its only Tuesday, might not be trading much more this week since it has start so well but I will let everyone know what trades I would have taken as the [...]

Hey everyone quick update on the 4 hour breakout on the GBP/JPY pair: 360 pips down! with my trailing stop I was able to lock in 250before it kicked back, but still an amazing two days for this week. The gbp should start picking up some momentum towards the long side with the news out of Europe. Will keep everyone updated, Gus

Hey everyone so not only has the 4 hour breakout performed greatly on the GBP/JPY but the USD/JPY has been a great performer today as well. It has almost locked in 100 pips so far and it is still going I have a trailing stop and have made 75 pips off ti already. You can see from the screen shit how it has just been dropping like a waterfall this morning, we will see how [...]

Hey everyone so the first day of trading after the downgrade was announced turned out not to disappoint, if you had the 4 hour breakout running you would be extremely happy right now. It shot through all three take profit levels and locked in 151 pips, something I was not expecting today, with all the commotion in the markets. I am going to see how it develops over the week and still have a trailing [...]

Hello everyone here is the weekly recap of the 4 hour breakout on the USD/JPY. It was one great week for this pair especially if you took the long trade on it. Lets look at the screen shot below: On the short side the pair crossed the first take profit level with 75 pips in the bank. But the kicker here is the retracement it made all the way past the high of the first [...]