2008 May | Forex 4 Noobs Blog

Forex Trading Signals/Analysis for GBP/JPY (Wk Strt 25/05/08)

26. May 2008

Hey Guys, Here is the weekly analysis for GBP/JPY this week. We only have a few scalp lines but if we start to get soem momentum some support and resistance lines will definitely come into play. If we get no momentum this week I will start trading NZD/JPY and EUR/JPY untill this GBP/JPY slow down is [...]

No trading today, U.S. Memorial day and U.K. bank holiday

25. May 2008

4 Comments

Do the countries schedule holidays on the same days on purpose? so ,many of these holidays fall on the same day as each other they must. Each day during the London session 60% of all trading for the entire day is done. So when London is on holiday you can expect significantly lower volume. Add in [...]

GBP/JPY trade

24. May 2008

5 Comments

Hey, This is just a brief explanation of what happened with the GBP/JPY trade this week. Some people got stopped out because they took it as a scalp instead of an S+R trade. Watch the video below:

$30 off the Video course untill Monday!

22. May 2008

3 Comments

EDIT: The course is s series of online vids you can watch from your browser or download to your desktop. Hey Guys I have something VERY EXCITING to announce….. well actually it is not that exciting but at the webinar yesterday a few of the traders brought up my online video course. I guess I was in [...]

Forex Trading Signals/Analysis for GBP/JPY (Wk Strt 18/05/08)

19. May 2008

12 Comments

Hey Guys, Here is the GBP/JPY analysis for this week, in addition to the scalp lines I mentioned the S+R lines beyond the scalps are also tradeable. Anyway again there is nothing much to say, just watch the video:

Weekly Forex Trading Wrap-Up for GBP/JPY (Wk Strt 11/05/08)

18. May 2008

0 Comments

Hey guys, Here is the weekly wrap-up for last week, there isn’t much to say just watch the video below:

Microphone broken

18. May 2008

3 Comments

This happens once every 1-2 months. I had no spare and it was Sunday 6pm when I noticed so I cannot get one until morning. First thing in the morning I will by a new mic and do the analysis. It should only be a few hours after market open.

Forex Trading Signals/Analysis for GBP/JPY (UPDATE)

13. May 2008

4 Comments

Hey Guys, Not going to do a video for this one since it is just a simple update. The 203.75 level has formed into a scalp line and I will be using it for a long trade if its broken. It will be a standard scalp 50 pips on the full position.

Forex Trading Signals/Analysis for GBP/JPY (Wk Strt 11/05/08)

11. May 2008

4 Comments

EDIT: Sorry guys email notification of this post did not go out right away. Hey Guys, Here is this weeks analysis. I only mention one line in the analysis because like last time we got a large move I want to see what the market does after it opens before I pick my trades. At open the [...]

Weekly Forex Trading Wrap-Up for GBP/JPY (Wk Strt 04/05/08)

10. May 2008

8 Comments

Hey Guys, What a great week we had trading GBP/JPY last week. How many pips did everybody make? It should have easily been over 100 pips, I see some people made 250+ pips. We had 5 trades and all of them were profitable. We had two scalp lines that each made 50 pips and three S+R [...]