Getting there

 This week saw some reasonable gains and what I have discovered is that diligent trading using the Awesome Oscillator on the 4H chart with the EURUSD in particular is a very sound methodology for making reliable steady gains.  No system or method is ever entirely foolproof in the forex world; all that is important is that wins outstrip your losses over the long haul. What I find so appealing it it's simplicity, however it always pays to be mindful of relevant information such as major reversal candle signals on strong S/R levels and not entirely ignoring important fundamental news events.  Adhering to these can and does give you an overall edge.  Of course last and by no means least of which is Risk Management which is critical to keeping you in the game.

Have a good weekend everyone..... : )


Percentage gain/loss as of 23.7.11 = +7.22%
Profit Factor = 0.94