Hey guys,
It has been quite a while since I contributed to the Forex Factory Forums, and there has been a lot of trading in the meantime. Most of it was on the shorter time frames, which I found very frustrating to say the least. Just when I thought I was onto something good, bang, one bad trade would put me back where I started. Just wasn't consistent enough for my liking.
So I went out to the 4hr charts to see if I could reduce my computer time and give me a little more time to think. I have been playing with a couple of methods and had some good results. On March 16th this year I started my own trading blog at http://forex4hr.blogspot.com/ to give me some accountability and to let others have a look if they are interested. There is nothing for me to gain financially out of it, as it is more of a hobby type blog, where I can try out different things and record results, thoughts, ideas etc.
Anyway, the account is currently sitting at +2,620 pips since March 16th, so it is travelling okay. I am currently using a MT4 Custome Indicator that someone was kind enough to pass onto me (and the rest of their list I assume). I have a few problems with it, and will be making enquiries in other threads on how to get around these problems. I am not an MT4 coder, so have no idea whether I can modify the indicator itself to give alerts or even develop an EA to work with it.
So feel free to check out the blog. As stated I am not there to sell anything or provide signals, as it is just a few ideas on how to trade off the 4hr charts on the 8x pairs I follow. Cheers.
It has been quite a while since I contributed to the Forex Factory Forums, and there has been a lot of trading in the meantime. Most of it was on the shorter time frames, which I found very frustrating to say the least. Just when I thought I was onto something good, bang, one bad trade would put me back where I started. Just wasn't consistent enough for my liking.
So I went out to the 4hr charts to see if I could reduce my computer time and give me a little more time to think. I have been playing with a couple of methods and had some good results. On March 16th this year I started my own trading blog at http://forex4hr.blogspot.com/ to give me some accountability and to let others have a look if they are interested. There is nothing for me to gain financially out of it, as it is more of a hobby type blog, where I can try out different things and record results, thoughts, ideas etc.
Anyway, the account is currently sitting at +2,620 pips since March 16th, so it is travelling okay. I am currently using a MT4 Custome Indicator that someone was kind enough to pass onto me (and the rest of their list I assume). I have a few problems with it, and will be making enquiries in other threads on how to get around these problems. I am not an MT4 coder, so have no idea whether I can modify the indicator itself to give alerts or even develop an EA to work with it.
So feel free to check out the blog. As stated I am not there to sell anything or provide signals, as it is just a few ideas on how to trade off the 4hr charts on the 8x pairs I follow. Cheers.
JAGfx