Furious Angel’s Blog

Oct 6th^th 2008

**** Master Candle Confirmed on G/J !!!!

Details are as follows: 1 hour time frame

Time was: 09:00 GMT

Upper price scalp line: 182.69

Lower price scalp line: 180.69

Set your alarms and have fun. =-)

has your broker changed there swap rates? you might want to check…

here is an email i received today…. do not get being uniformed about what your broker is doing.!!!!!

Dear Customer,

Please be aware that there has been a significant change to the Swap Rates for trades held overnight in the Forex market. This may affect your trading. Please see below for the new rates which are in effect immediately. Please remember that swap is TRIPLE on Wednesday and Mini account rates are one-tenth of the Standard rates listed below.

Due to the recent volatile activity in the worldwide credit markets and the consequent affects this has had at banks and financial institutions, including those that Interbank FX has relationships with, you will notice that the changes in the rates are more volatile than normal. At Interbank FX, we work hard to give our customers excellent trade execution for a great Forex trading experience and will continue to work toward this goal.

Thank you for your business,

- The IBFX Team

Sept. 17^th 2008

**** Master candle setup on G/J !!!!

Details are as follows: 1 hour time frame

Time was: 12:00 GMT

Upper price scalp line: 190.13

Lower price scalp line: 187.64

Enjoy =-)

Sept. 15^th 2008

My plan for this weeks trading:

My plan for this week will be to take bubble trades only and this will be during the London session only. I will be setting up everything on my charts as usual which consists of the following:

Multi-time frames

The bubble on the one minute chart

The daily break out

Hunting for Master Candles

The reason for taking only bubble trade this week is because of the state of the market. A lot of news events that happened over the weekend are making the markets a bit more emotional than normal and I will be a bit more conservative than normal.

Here is today’s daily break out trade. (long)

i waited for like 1 hour after that news event.

The signal was a long trade.

We also had a nice bubble break that happened around the same time. The exit signal was the changing of the 18 hull ma. colors. Please see picture below.

Trade details are as follows

Entry time was: 00:49 GMT

Exit time was: 01:20GMT

Entry price was: 188:39

Exit price was: 189:15

Pips made: 76

Ok, well I will start off this blog off with an introduction.

Hello.

My name is: Furious Angel.

For those who are not familiar with me, I am one of the moderators who hang out in the chat room most nights of the week during London session. I have written a few free strategies and have posted them to the Forex4noobs website.

The first strategy would have to be: Fa’s MTF system, (mtf = multi-time frames) and the “bubble”. The second one I posted was the Daily Opening break and I would have to say I guess the third one would be a little strategy know as “master candle theory” that was a webinar given back in August 2008. If you missed the webinar… oh well.

The purpose of this blog will be multi-purposed. I will give some signals. I will discuss some other things that I feel important to chat about at that time.

Well that‘s about all I can think of as an introduction at this time. If you would like me to cover something special, please feel free to contact me through the forum email services and I will bring them up in my blog.