Signals & Analysis | Forex 4 Noobs Blog

Closing this one out

4. December 2008

London has opened and this isn’t going anywhere. Closing it out for around -15 pips. The analysis was sound and it looked like a good trade. Unfortunately even when it all looks good it doesn’t always work out. I believe it is going to go lower, the issue is when. It could go lower now or [...]

GBP/JPY trade

4. December 2008

2 Comments

Well that kind of sucks I pressed ‘Publish’ on that last post the second the line broke. Ah well sorry I didn’t get this one out earlier guys. I am in and holding with a 70 pip stop. Let’s see how this one goes. Who got in this one based on their own analysis?

Possible GBP/JPY trade - Extreme Caution

4. December 2008

2 Comments

Hey Guys, Yes I am using trend lines. I know it’s not part of my method but I have been experimenting with them and they work very well with my support + resistance lines. Right here we can see a descending wedge on GBP/JPY. The top line of the wedge intersects with the 136.30 scalp line [...]

Out of state

17. November 2008

11 Comments

Hey sorry guys, I had a family emergency and had to fly out of state. I wont be updating the blog until I get back next week.

$40 Off of NickB Method Video Course Until Monday

12. November 2008

6 Comments

Hey Guys, Over the past month Forex4Noobs.com’s popularity has grown. The number of visitors has jumped up a jaw dropping 20% per week. With all the new members joining I have been getting a lot of emails concerning the video course I released, about a year ago. I do not advertise the video course very much as [...]

Trade Tallying Now Starting

12. November 2008

2 Comments

Hey guys, I just spent the whole day yesterday going through my e-Mail inbox. I noticed quite a few emails suggesting I keep a tally of the trades taken based on my weekly analysis. So starting this week I will be tallying all trades. To take a look at the tally simply click on the ‘trade tally’ [...]

GBP/JPY Weekly Analysis (Wk Strt Nov/09/08)

9. November 2008

10 Comments

Hey Guys, What a great week we had last week. We had three trades and all three were winners making a total of about 150 pips. This week is looking great too. We have four scalp line trades and a possible S+R line trade. Watch the video below to see this weeks analysis: S+R Line Targets Target: 70 [...]

Kill Your Losing Streaks

6. November 2008

33 Comments

Imagine a small losing streak of just 5 trades risking 3% on each; it would cost you a massive 13% of your account. Think about that for a second, 13% of your account wiped out by just a handful of bad trades…… if you’re a trader the very thought of that should send shivers down [...]

4 Psychological Pitfalls That Will Blow Your Account

4. November 2008

20 Comments

Meet Jack: Jack is a professional trader. He makes all his money trading the Forex market. He has been trading for five years. He is patient, disciplined and, in his trading, he is fearless. Meet Tom: Tom is a newbie. He barely manages to break-even with his trading. He has been trading for six months. Tom takes unnecessary [...]

GBP/JPY Weekly Analysis (Wk Strt Nov/03/08)

2. November 2008

14 Comments

Hey Guys, Looks like the market calmed down a little last week so here is the weekly analysis again. Keep in mind that Japan wants the JPY to devalue as a high Yen is bad for exports. Last week we saw some Japanese central bank intervention and I wouldn’t be surprised to see the same this [...]