Well it's been a painfully slow start to the year so far as I'm still yet to make a single trade. I didn't even look at the forex markets for a few weeks over Christmas and New Year and this week there has simply not been any trading opportunities at all.

The three main currency pairs that I trade - the GBP/USD, EUR/USD and USD/JPY are still trying to work out whether they want to go up or down in the coming months. On the daily charts the Supertrend keeps changing on the GBP/USD pair and the other two have recently changed as well so this makes it hard to be confident about taking a position on the 4 hour charts at the moment.

Hopefully things should start to settle down next week but it's at times like these when I do sometimes wonder if I should be focusing on finding a more pro-active trading method using shorter time frames. However I did extremely well last year using my 4 hour trading method so at the moment I'm just going to persevere with this system and hope that the profits start rolling in again in the coming weeks.