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Back Next Week

3. January 2009

Hey Guys, This is just a quick post to let you know I will be back tradign live and doign analysis as of Monday next week. I am also releasing a new method as a free e-Book next week or the week after at the latest. It is my long term trading method. I use it to [...]

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 [...]

My Trading Alter-Ego Made Me a Profitable Trader

23. October 2008

32 Comments

Are you a born trader? I’m not. Recently I came to the realization that I have two distinct personalities. There is ‘Nick’ and there is ‘Trader Nick’. I had to create this second personality to do my trading. You see I am a terrible trader because I am: Impatient A risk taker I do not plan ahead. Ok that’s enough of [...]

GBP/JPY Weekly Analysis (Wk Strt 19/10/08)

18. October 2008

28 Comments

Hey Guys, What a crazy few weeks it’s been. The world financial crisis has really done a number on the markets. As a result I pulled back from trading the markets for the past few weeks. Last week we saw some normality return to the markets so I have decided to resume my trading this week. Caution [...]

Closing out 185.30 trade

16. September 2008

2 Comments

Profit target reached (70 pips from the line) on the 185.30 short S+R line break. 70+ Pips

GBP/JPY Weekly Analysis (Wk Strt 14/Sep/08)

14. September 2008

28 Comments

Hey Guys, As promised I am getting this blog back on track, so here is this weeks analysis. There is not much of a chance for a good short trade this week unless some scalp lines form. Before you take any of these trades download and read my free e-Book (click here) If you can see this, [...]

GBP/JPY closing in on the 186.17 low

11. September 2008

0 Comments

Possible short trade coming up for GBP/JPY on break of the 186.17 level. This is a significant low as the last time it was down here was December 2003. Going into new territory can be dangerous, so be very careful if you decide to take this line break. I haven’t decided if I will enter yet [...]

Possible Reversal Trade

8. September 2008

0 Comments

Hey Guys, There is a possible reversal trade forming ontop of the 189.60 S+R line. If this candle closes as a reversal pattern I will possibly take the trade. I am not sure of the entry yet, I will update after the close of the current 4hr candle if I decide to trade it. Get notified about [...]

The Big GBP/JPY Gap (weekly analysis)

8. September 2008

0 Comments

Hey Guys, I was going to do the weekly analysis this week but with this huge gap in G/Y I am not going to be trading until the markets calm down. As far as I am concerned this is not a tradeable market, the gap makes this market unpredictable and dangerous. Why the gap? The U.S. [...]