I have had some people asking questions on how to change the time on the New York Box indicator and change properties in Indicators in general. 1)Right Click anywhere on the chart in which the indicator is placed in. Then click on Indicator List. 2)Click on the New York Box or Indicator you wish to change the properties off and click edit. 3)For the New York Box just click on the BoxEnd and change the [...]

This week we had a lot of false line breaks in the high and low of most of the currencies for this strategy. From just looking at the charts I saw that by moving the times we trade back or forward we could have avoided most of the false breaks and with the 5 pip buffer would have had none this week. Two new times: 1000 – 1200 GMT or 1200 – 1400 GMT One [...]

This week overall has not been the greatest for the USD breakout, a lot of news reports came out so we had a couple of false line breaks that reversed. I am hoping to try out two new lines next week the 1200 GMT and the 1400 GMT to see if that helps me not hit the fake lines breaks. Also I will be trying a new EA to see if I can trade the [...]

This morning really didn’t turn out too great, with the release of the US oil reports this morning price action wasn’t as fluid as I like it to be. I thought I would be able to at least get a few pips early but besides the GBPUSD hitting my TP 1, it turned into a pretty big loss of around 120 pips. Nothing too bad but still hurts, when I knew price was not trending [...]

Ok so here are the screen shots for the week of July 6, this has been a good week, I exited most of the trades early due to not being sure if I would be near a computer to make sure they where ok. But if I had stayed with the trades till my indicators last TP i would have gained about 1300 pips this week, now this is what I call a take profit. [...]

Ive been getting some questions about how to install indicators and experts on the MT4 terminal so decided to show a quick how to step by steo guide on how to do it: Step By Step 1) Download the MQ4 file into your C:\Program Files\MetaTrader 4\experts\indicators folder 2) Close your MetaTrader application (assuming it’s currently open … Ignore this if the application hasn’t been launched) 3) Launch your MetaTrader application 4) On the left hand [...]

Hi everyone, the name is Gus, I have been trading forex since fall of 2007. I have had my ups and down in the market and lost my fair share of money but have also made money. This blog is my way to track my progress and share my strategies that have helped me stay in the world of forex. I have two main strategies which I used the most one is a once a [...]