2008 March | Forex 4 Noobs Blog

Forex GBP/JPY Weekly Analysis (Wk Strt 30/03/08)

30. March 2008

Hey guys, Here is the weekly analysis for this week, I know it’s late but I was busy redesigning the site. GBP/JPY was pretty boring last week; this week looks like it might be much better. I can see two good S+R lines that are close and one that is far: Long: 201.80 (very strong) Short: 196.71 192.60 (very strong, same [...]

Forex GBP/JPY Weekly Wrap-Up (Wk Strt 23/03/08)

30. March 2008

0 Comments

Hey Guys, Last week was a pretty boring week for my trading method, we only got one trade, and it was a 50 pip scalp trade. Even though last week was boring the week before was a 200+ pip week. so what does that mean? Well if you add up all the pips made on this [...]

Weekly Analysis and Weekly Wrap-Up Tomorrow

30. March 2008

0 Comments

Hey guys, I spent so much time redesigning this site today that I could not do the weekly analysis or wrap-up. I will do it first thing tomorro,w about 14 hours from when this post was made. Regards, Nick

Weekly Forex Analysis for GBP/JPY (Wk Srt 23/03/08)

23. March 2008

18 Comments

Hey guys, I forgot to mention in the video below that I will not take any trades today since it is a holiday and the markets can be unpredictable on holidays. So the analysis is for Tuesday onwards. We have three usable S+R lines this week and no scalps, watch the video for more info.

Forex Weekly Wrap-Up, GBP/JPY Trades (Wk Srt 16/03/08)

23. March 2008

4 Comments

Hey Guys, This week we had three trades (by my count) and all of them were profitable. I only ended up mentioning one trade in the weekly analysis. This is because the first trade happened before I released the analysis and the second I didn’t mention because I rushed through the analysis. I rushed through the [...]

GBP/JPY trade from the weekly analysis EXIT

18. March 2008

8 Comments

Based on price action i would say now is a goo time to exit. Current level is about 198.15 and the trade was worth 80-100 pips. I will release a trade update vid for this trade tomorrow.

GBP/JPY trade from the weekly analysis

18. March 2008

3 Comments

I hope some of you guys caught this trade. I released the weekly analysis about 1 hour before the trade was triggered. I said I would aim for 50 pips on the first half, move my stop to B/E and try to target more. I would now move my S/L up and lock in [...]

Forex Education: Weekly analysis for week starting 16th March 2008

18. March 2008

2 Comments

Hi guys, After a great start to the week the market was left in disarray, in my opinion it is dangerous trading immediately after big moves. The market become unpredictable, sometimes you see immediate reversals, sometimes the moves not over, and other time it just begins to range. Not begin sure which scenario we would see [...]

Forex Education: No weekly analysis yet for this week

17. March 2008

9 Comments

Hey guys, There is now weekly analysis yet for this week, and no it’s not because I am too lazy to do it. When the market moves a lot it becomes tough to pick some good levels. For example 192.60 is looking good but if it breaks through it too soon I probably wont enter. I [...]

Forex Education: Weekly wrap-up for week starting 9th March

17. March 2008

3 Comments

Hey guys, Last week did not work out as planned. We only had a single trader triggered and it hit the 70-80 pip stop loss. Can’t win them all though, I average about 8 wins for every 10 trades so I expect to lose 2 out of every 10 trades. I think my average may be [...]