Comments for Forex 4 Noobs Blog http://www.forex4noobs.com/blog Forex 4 Noobs Forex Trading Blog: Averaging 150 Pips Per Week For 3 Years, Get Free Signals, Get your Forex Questions answered, and Get Free Weekly Analysis. Tue, 06 Jan 2009 23:07:29 +0000 http://wordpress.org/?v=2.7 hourly 1 Comment on GBP/JPY Weekly Analysis (Wk Strt Jan/04/09) by Monster Trader http://www.forex4noobs.com/blog/signalsanalysis/gbpjpy-weekly-analysis-wk-strt-jan0409/comment-page-1/#comment-1438 Monster Trader Tue, 06 Jan 2009 17:54:45 +0000 http://www.forex4noobs.com/blog/?p=617#comment-1438 watched the gbp/jpy off the 139.xx scalp......wow, good call! I think I'm starting to wrap my mind around s+r trading. I seen a similar set up on the g/u, and holy crap did that thing take off! watched the gbp/jpy off the 139.xx scalp……wow, good call! I think I’m starting to wrap my mind around s+r trading. I seen a similar set up on the g/u, and holy crap did that thing take off!

]]> Comment on GBP/JPY Weekly Analysis (Wk Strt Jan/04/09) by santiago http://www.forex4noobs.com/blog/signalsanalysis/gbpjpy-weekly-analysis-wk-strt-jan0409/comment-page-1/#comment-1437 santiago Tue, 06 Jan 2009 17:38:58 +0000 http://www.forex4noobs.com/blog/?p=617#comment-1437 hey Nick, thanks for the analysis, i just get 21 pips on the 139.22 scalp line.Thats good for a noob. hey Nick, thanks for the analysis, i just get 21 pips on the 139.22 scalp line.Thats good for a noob.

]]> Comment on GBP/JPY Weekly Analysis (Wk Strt Jan/04/09) by Monster Trader http://www.forex4noobs.com/blog/signalsanalysis/gbpjpy-weekly-analysis-wk-strt-jan0409/comment-page-1/#comment-1433 Monster Trader Tue, 06 Jan 2009 05:34:58 +0000 http://www.forex4noobs.com/blog/?p=617#comment-1433 John, can you explain which timeframe you were using? I'm also new to s+R trading, and it seems that once you get the hang of it, it can be simple. I see the 4 bounces, on that support line (which is the daily pivot according to my broker), but those are comming from the south (on the 4hr), so I'm confused as to why you'd set your order @ 1.4610 if you were going to go long. Thanks! Jason John, can you explain which timeframe you were using? I’m also new to s+R trading, and it seems that once you get the hang of it, it can be simple.

I see the 4 bounces, on that support line (which is the daily pivot according to my broker), but those are comming from the south (on the 4hr), so I’m confused as to why you’d set your order @ 1.4610 if you were going to go long.

Thanks!

Jason

]]> Comment on GBP/JPY Weekly Analysis (Wk Strt Jan/04/09) by john http://www.forex4noobs.com/blog/signalsanalysis/gbpjpy-weekly-analysis-wk-strt-jan0409/comment-page-1/#comment-1432 john Tue, 06 Jan 2009 04:46:55 +0000 http://www.forex4noobs.com/blog/?p=617#comment-1432 Hi Wasn't going to do another trade yesterday, was going to stay all disciplined, until I went to the GBP/USD chart to check on the exchange rate. Saw that there were 4 bounces from the resistance line at 1.4566 so had a little punt. Set an order at 1.4610 with 50 pip stop and limit and made myself a nice little 5 bucks, making yesterday a 100 pip 10 dollar gain. Thank you very much, haven't worked with S + R levels before so it looks encouraging. Promise to abide by the rules today. John Hi

Wasn’t going to do another trade yesterday, was going to stay all disciplined, until I went to the GBP/USD chart to check on the exchange rate. Saw that there were 4 bounces from the resistance line at 1.4566 so had a little punt. Set an order at 1.4610 with 50 pip stop and limit and made myself a nice little 5 bucks, making yesterday a 100 pip 10 dollar gain. Thank you very much, haven’t worked with S + R levels before so it looks encouraging. Promise to abide by the rules today.
John

]]> Comment on GBP/JPY Weekly Analysis (Wk Strt Jan/04/09) by Arthur http://www.forex4noobs.com/blog/signalsanalysis/gbpjpy-weekly-analysis-wk-strt-jan0409/comment-page-1/#comment-1427 Arthur Mon, 05 Jan 2009 19:46:26 +0000 http://www.forex4noobs.com/blog/?p=617#comment-1427 Hi Nick, how come 138.12 is not considered a long scalp? Is it because the scalp is considered weak, as there are not enough bars up to make it a strong trend up, before it goes down? Hi Nick, how come 138.12 is not considered a long scalp? Is it because the scalp is considered weak, as there are not enough bars up to make it a strong trend up, before it goes down?

]]> Comment on GBP/JPY Weekly Analysis (Wk Strt Jan/04/09) by Monster Trader http://www.forex4noobs.com/blog/signalsanalysis/gbpjpy-weekly-analysis-wk-strt-jan0409/comment-page-1/#comment-1426 Monster Trader Mon, 05 Jan 2009 12:38:33 +0000 http://www.forex4noobs.com/blog/?p=617#comment-1426 Nice call on the 135.56 scalp. I slept through it, but.....you make it look sooo easy. Thumbs up. Nice call on the 135.56 scalp. I slept through it, but…..you make it look sooo easy. Thumbs up.

]]> Comment on GBP/JPY Weekly Analysis (Wk Strt Jan/04/09) by John http://www.forex4noobs.com/blog/signalsanalysis/gbpjpy-weekly-analysis-wk-strt-jan0409/comment-page-1/#comment-1424 John Mon, 05 Jan 2009 10:17:38 +0000 http://www.forex4noobs.com/blog/?p=617#comment-1424 Hi Nick Thanks for the forecast today, first one I've read since downloading your ebooks on your S+R and master candles methods. Placed an order to go long at 135.06 and made 50 pips. Only on a micro account at 10 cents a pip but not confident yet to stake any more because I'm brand new to this game. I was tempted to take out the stop, but remembered the advice you gave on discipline and came out at 135.56. Glad I did, because it started shorting just afterwards. Will put the five bucks towards you video. Best regards Nick, look forward to your next posting. Hi Nick

Thanks for the forecast today, first one I’ve read since downloading your ebooks on your S+R and master candles methods. Placed an order to go long at 135.06 and made 50 pips. Only on a micro account at 10 cents a pip but not confident yet to stake any more because I’m brand new to this game. I was tempted to take out the stop, but remembered the advice you gave on discipline and came out at 135.56. Glad I did, because it started shorting just afterwards. Will put the five bucks towards you video. Best regards Nick, look forward to your next posting.

]]> Comment on GBP/JPY Weekly Analysis (Wk Strt Jan/04/09) by NickB http://www.forex4noobs.com/blog/signalsanalysis/gbpjpy-weekly-analysis-wk-strt-jan0409/comment-page-1/#comment-1423 NickB Mon, 05 Jan 2009 09:51:55 +0000 http://www.forex4noobs.com/blog/?p=617#comment-1423 <p>@Ran:</p> Hey Ran I have 135.06 on ODL @Ran:

Hey Ran I have 135.06 on ODL

]]> Comment on GBP/JPY Weekly Analysis (Wk Strt Jan/04/09) by Ran http://www.forex4noobs.com/blog/signalsanalysis/gbpjpy-weekly-analysis-wk-strt-jan0409/comment-page-1/#comment-1421 Ran Mon, 05 Jan 2009 08:07:16 +0000 http://www.forex4noobs.com/blog/?p=617#comment-1421 Nick, Looks like 135.06 scalp level on GFT is a spike which may be bad data. I don't see this spike on Dec 22 on my e-signal chart and I looked for it with several servers TDFX (which is a true ECN quotes) FXCM etc. On the other hand 134.70 level you talked about was set twice (ignoring the 135.06 spike) so looks like this one is a strong scalp level. Ran Nick,

Looks like 135.06 scalp level on GFT is a spike which may be bad data. I don’t see this spike on Dec 22 on my e-signal chart and I looked for it with several servers TDFX (which is a true ECN quotes) FXCM etc.

On the other hand 134.70 level you talked about was set twice (ignoring the 135.06 spike) so looks like this one is a strong scalp level.

Ran

]]> Comment on Back Next Week by NickB http://www.forex4noobs.com/blog/sitenews/back-next-week/comment-page-1/#comment-1411 NickB Sat, 03 Jan 2009 19:09:27 +0000 http://www.forex4noobs.com/blog/?p=615#comment-1411 @Jason: Not sure I will see how it goes. @Jason: Not sure I will see how it goes.

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