Gus Forex, college student on a mission

[gfeliciano]

Hey everyone my name is Gus, I have been lurking around the forums for a bit but not too involved I have decided to start a journal in here until I can get my own blog up and running.

I am a college student and have been learning and trading forex for about 2.5 years. I have bought systems and lost money like many rookie traders but have decided to sit and and learn it myself, no more forex robots etc crap. Lately the last six months I have found two nice breakout strategies that have worked wonders for me and I keep developing them more and more everyday and learning from my mistakes. I have another thread detailing the steps of my two strategies and how I use them.

I will be using this thread to post as much information about my trades.

Here is my two breakout systems.

I will also be trading two more methods, one is a combo of NickB`s method with some master candles and twists of my own.
Also I am looking at a daily price movement method.

[gfeliciano]

Ok so today kind of missed my morning trades since I was out. I was able to catch one trade for the USD/CAD 15min breakout strategy.




So I entered at 1.1505 and exit at 1.1560 +50 pips

Nice trade late in the day so normally would enter but decided to go so ended up nicely.

[TravisFX]

Nice job, keep us updated.

[gfeliciano]

Thanks Travis I have been keeping up with your journal too good luck

[gfeliciano]

Hey everyone so I was able to get two trades in this morning one is still going and one is closed.

GBPUSD entered at 1.6294 and TP at 1.6135
it wasnt a big gain but I accidently hit the wrong TP so it closed out early. I will see what happens with the EURUSD trade soon.

[gfeliciano]

Well my EURUSD trade ended up with a SL due to a quick reversal due to some breaking news with Ben Bernanke and the whole Fed buyout. SO while it was a loss I did learn to stick to one of my old rules which is looking at the CCI and also giving a nice 5 to 10 pip buffer when the breakout breaks the high or low.

[gfeliciano]

So found some help to code an EA for my breakout method so hopefully that will be done soon also started to trade the AUD and JPY for the USD breakout.

[wilder]

Great day for the Big Dog Breakout Strategy - e/u, usd/chf, g/u, & usd/cad gained lots of pips. Soon after the news flash that the consumer confidence in the U.S. dropped the dollar and the yen rallied.

[gfeliciano]

Wow sounds good, I actually missed this morning Ive been really busy with other things but planning on starting again soon. But I did look at the 4h charts for the JPY trends and Sunday night was good made a lot of pips there.

[wilder]

Good to hear that you gained pips on the 4H. I have yet to test this however I intend to.