Hey everyone sorry I have been out of this forum so long I just have been posting mainly to my blog and for some reason never got emails from this site saying people where replying.
I have mainly stopped using the 7 to 9 am breakout strategy since it has been ineffective lately due to weird price movement. The 4H breakout is still working wonders and I am using the 4H breakout indicator I previously posted here.
I will be a lot more active no so please don’t hesitate to ask questions.
See some big news coming out next week should make the GBP/JPY move a whole lot so keep your eyes on the 4H breakout since it should bring in some pips.
Thanks for sharing these strategies. They have been great for me as a beginner. For the 15 min strategy- I have noticed that with the time changes you do have to play with your TP/SL until things smooth out.
I am interested in your other results with added indicators.
Hi
Do you trade the second strategy not withstanding if any news will be coming out? I have done a couple of back testing and it gives decent pips dont you think the news will affect the trade at that time?
Hi Gustav213, thx a lot for sharing ur method. Just a quick question on the 4H strategy, how do you decide short or long at the start of week? do you follow any other signals to decide that?
Hi Traders, Probs a dum question but im a rookie with the 15 minute strategy. You say to place the vertical lines at 11 and 13 and the horizontal lines to the high and the low… do you mean the high and low bewteen 11 and 13 or the whole chart ??