5 Trade Win Streak

Posted by Nick 10 Comments

Hey Guys,

Another two winners this week plus the three from last week for total of five winners to start of 2009! It’s Good to start the year off with a little winning streak, lets keep it up!

Who caught some of these trades?

Short @ 135.40 targeting 50 pips +50
Short @ 131.30 targeting 50 pips +50 (+61 for me)

one thing I should say is DO NOT get carried away with winning streaks. I wrote a post about them on my BabyPips.com blog the other day check it out here. It’s great that we are in a streak but keep your goals in mind and don’t start trading more lots than you should.

:friends:

If you like this post leave a comment please.

Tags: forex, forex analysis, forex profit, forex trading, forex trading education, free forex education, free forex signals, gbp/jpy, goal, trade update, weekly analysis

Grace

Nick,

Thanks for this great information.

Grace
dabestone

Thanks for the post Nick
Phill

Hi Nick
Only just started looking at your site and method. Looks like I’ve been missing out, thanks for the info

Phill
Debonaire D.

Nick, for me not only did I start off 09′ with winning trades, but I am starting off 09′ with discipline thanks to your latest 3 steps to better trading article.

This article has helped me in 3 ways:

1. I sleep peacefully at night knowing that my trades have a target and a limit. I no longer toss and turn at night due to reckless trades.

2. By implementing your system and tips, I am able to plan my trades over the weekend when the markets are closed, and I am not influenced by the emotions of the markets.

3. I am more consistent and no longer subject to overtrading. Although, I have to admit that I fell to temptation to 3 unnecessary trades. But I cut the losses short quickly.

This week I will finish in the green thanks to your 3 steps to better trading article.

NickB

@Debonaire D.: Good to hear man, I am glad I can help and I am glad you’re doign more than just blindly following my signals. Keep it up!

Santiago

Hey mate, i cougth the 131.50 targeting +40.

Thanks a lot for all your tips and information
asiangal30

Nick,
I missed the first trade but was able to take 43 pips on the break of the 131.30 (should have stayed in a little longer but I wanted to lock in some profits). Thanks!
pipenstein

How’s it,

Thanks. I caught the 2 early trades, short @ 131.30 gained 56pips and short @ 135.40 gained 54 pips. It’s at times like these that we must remain disciplined and stick to our rules. Money management is a must, don’t get carried away. KISS…

CHEERS MATE!!!
Ken

I am brand spankin’ new to forex. And yes, I did make 46 pips last night on my DEMO account. I love this place. My question is, if Nick is up 100 pips for the week, are there no more “tips”. I realize that we’re not subscribing to a signal service here, but I’m still watching my charts and soaking up info for several hours every night. It’s not unbelievably difficult to see obvious S+R and scalp lines, but it’s always nice to try to pick them out on your own first, then check with our “mentors” and see if they match. Just curious if I can expect to see more info from our bloggers. Thanks all, great site, keep up the good work.
Juan Carlos

Hey! Good info and very nice website!

I have read your ebook and integrated part of your method to mine. This is my first month of live trading after about a year and a half of reading up on Forex and demo trading. I took the break at 131.35, I didn’t take the break at 129.85 and last night I went long at 131.17(after doing my own analysis) for another 50 pips.

I live in Central America, so I’m sleeping when all the good action is going on(London Open) so for the last 2 trades I set up an entry order about 2 hours before the London session opened. This could be dangerous, I know, since I can’t monitor momentum when the break happens. So I will only trade this way when I consider the probability of the break being succesful to be high. Which was the case in these last 2 trades. I probably won’t trade anymore this week until the market makes up it’s mind as to where it wants to go.

Thanks for the info!