GBP/JPY Weekly Analysis (Wk Strt Mar/07/10)

Posted by Nick 10 Comments

Hey guys,

Here is the weekly analysis for this week….. I thought I would change things up a bit, watch the video and you will see what I mean.

Tags: gbp/jpy, gbp/jpy march 10, gbpjpy weekly analysis, strt, weekly analysis

shaun

Thanks Nick. Looking forward to it.
jean paul

hi nick how are you man ? thanks for the analysis can you explain please how you decide about constant lines ? I mean how you choose them ?? when I see the chart there is many area where the price getting trouble to cross
have a nice day
NeilA

Nick its true “TV” does makes you look fat. Good intro, like it and the analysis clear as always. Thanks
dallia

Hope you are feeling better. I like the gangsta’ look on you. I appreciate your videos they reinfornce my learning and provide good honest mentoring for a price I can’t complain about.
Duncs

Nice to see your looking well, these brown eyes must drive the girls crazy !!

Thanks for the analysis

Duncs
kibed83

Hi Nick,

I appreciate your weekly technical analysis.Just noticed how broker pips difference can be a challenge especially when entering trades.I took a long trade on friday approx 10min after news @135.70 looking at Oanda Charts,it immediately reversed hitting my SL.40pips.

This trade could have been a good trade if i had given at least 4 pips difference before entering that trade.Looking at your GFT broker chart @135.70 is at 135.66 on Oanda crappy charts!,meaning i took a trade before the anticipated psychological value was hit.

I have watched your recorded webinars when you are entering trades & noticed you enter immediately lines are broken.Should we then use GFT as the standered charts?
Jason

Nick,

Great stuff as always. I remember going back a while now you mentioned you would not take trades during the US Session as statistically it did not work out as well. Is this still the case for all of your trades to include reversal trades?

Thanks,

Jason
jean paul

hi there , a scalp line is forming on 135.66 good luck guys
kibed83

A break @ 135.70 was hit looking at my Oanda charts,however i didn’t take this trade immediately as i needed to see at least 4 pips difference down @ 135.66.Definitely the 4 pips difference salvaged my trade,to all newbies on Oanda take note of this..

@ jean please review Nicks weekly wrap up at http://bit.ly/95kPMv this will shade some light on Scalpline formations & why your line would not be considered a scalpline at the moment.Hope this helps.
jean paul

hi there , successful line break + 50 for me
thanks nick , good luck