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 [...]

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 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 [...]

Hello every one hope you are starting to enjoy the weekend, just wanted to update on a few of the techniques I have been using to better my trading. As many of you know the 4 hour breakout is still my hands down favorite method of trading, but sometimes you want something more than relying on one method. That is why I love using support and resistance levels something that is tried and true on [...]

Hi everyone, hope you all had a great week so far, this will probably be my last trade for the week but I just had to take it. I have been using support and resistances lines since I first started trading, because they are just proven to work. I will post later today with the exact lines that I use, most of them were given to me by my good friend Nick over at Forex4Noobs.com great [...]

Well I am not sure who did not see the United States credit rating down grade this past Friday afternoon after the closing bell. With all the issues in Congress dealing with the debt ceiling in the most awful way possible, a downgrade was all but a sure thing in my book. Not only that but with the massive sell off that happened in the U.S. markets and the Dow plummeting 500 points, we could [...]