Forex Education: No weekly analysis yet for this week

Posted by Nick 9

Hey guys,

There is now weekly analysis yet for this week, and no it’s not because I am too lazy to do it. When the market moves a lot it becomes tough to pick some good levels. For example 192.60 is looking good but if it breaks through it too soon I probably wont enter. I need the market to calm down a little before I do the weekly analysis. From next week onwards I will be doing the weekly analysis on Saturdays/Sundays as opposed to Monday. This way when the market is open the analysis is already done.

As soon as the market comes down i will make an analysis video. For now I have included a video explaining everything that said in this post but you can see my chart so you can see the new lines I have place. Obviously the price has moved down so seeing these new lines will be helpful if you are trading S+R lines.

Good luck this week.

Ran

Nick,

Why didn’t you send the weekly rup up for the week starting Mar 9?

Thanks
Ran
admin

Step 1: Visit http://www.forex4noobs.com/blog/

Step 2: Scroll down to the second post on the page

I didn’t think it needed instructions….. my mistake.
O’Zeeke

Thanks Nick, i was kind of lost as where to look for S/R lines. i appreciate the explaination.
MiForexTrader

Hello Nick,

Smart approach on the analysis this week. Some would expect you to have a crystal ball…I have come to learn that you are just a seasoned professional trader. I was able to capture 81 pips so far this week. It has been a great start! Thanks for all you do.

Regards,

MiForexTrader
Ran

did scroll and wrap-up wasn’t there when I entered but thanks for detailed explenation…
expert trader

You are obviously missing on such good trades. I don’t think your method is a good one. Try changing it. I am working with the banks and i know it too well.
admin

“You are obviously missing on such good trades. I don’t think your method is a good one. Try changing it. I am working with the banks and i know it too well.”

Well yeh any method that misses 1 pip of possible gains is terrible. I guess thats why you are working for a bank trading somebody else’s millions while I am just trading my own million from home. Hmmmm, how I wish I could work 5 days a week for somebody else and make only a fraction of what I make trading for myself. You are just so lucky!
admin

“did scroll and wrap-up wasn’t there when I entered but thanks for detailed explenation…”

Must have been something wrong with your browser since the wrap-up was posted 30 min before the analysis. By the way I re-read what I said and I guess it sounded like I was being an asshole. I was just joking around, I didn’t mean for it to sound rude.
JeffNLisa

Nick-

You frequently take the time to put yourself in the other guy’s shoes:

“By the way I re-read what I said and I guess it sounded like I was being an asshole. I was just joking around, I didn’t mean for it to sound rude.”

I don’t think Ran took it that way, from the tone of his next post; but I’ve seen you do this sort of thing quite a bit. you reflect on your directness, and then take a moment to come back and let the other person know if you didn’t mean to come off in a harsh way.

That shows character. I just wanted to acknowledge you for that.

Jeff