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GBP/JPY Weekly Analysis (Wk Strt Mar/28/10)

Posted by Nick 11 Comments

Hey guys,

Another week, another analysis video. I hope you all caught last weeks trades! I am up roughly 60 pips on last weeks two trades.

:ebook:

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Related posts:

  1. GBP/JPY Weekly Analysis (Wk Strt Nov/08/09)
  2. GBP/JPY Weekly Analysis (Wk Strt Nov/08/15/09)
  3. GBP/JPY Weekly Analysis (Wk Strt Nov/01/09)
  4. GBP/JPY Weekly Analysis (Wk Strt Mar/23/10)
  5. GBP/JPY Weekly Analysis (Wk Strt Jan/17/10)
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  • shaun

    Thanks Nick!

  • Geoff

    One more time, why go long?

    • NickB

      @Geoff:

      What do you mean?

  • NeilA

    Good and clear as always. Thanks again

  • Joshua Bulus Bulus

    Sir Nick,

    Thank you a lot.

  • hernan

    what a good site!!!!

  • PipRanger

    Thanks Nick

  • Art

    Nick,
    How have your “Mentee”‘s been doing? Any update on their progress & ideas?

  • NViuf

    Are there any precautions, regarding the fact that easter is coming up this week?

  • Geoff

    You mentioned a long at 139.92 and a target of about 50-60 pips In this case is it if the market builds momentum to that? Is it a breakout trade?, a certain candle pattern that forms. (this is my first vid blog)
    I was able to pick up a few pips at 138.53 due to the bounce it was doing at 138.30′s however I feel like no one would recomend taking a trade like that, more like an amateur move to pick up a few pips… your thoughts.. and thanks

  • NickB

    @Geoff:

    Above the video is a link to my free e-Book explaining my method:

    “Do not take any of these trades unless you have downloaded and read the NEW 2010 edition free e-Book explaining my method.”

    That e-Book explains my trading method in detail and will give you all the answers you need. I go long because it is a breakout trade. You shouldn’t take these trades unless you understand my method. You wont understand it unless you read the book. It is not something I can summarize in a single paragraph on a blog comment.

    Personally I do not see a clear entry at 138.30 not sure what the trade was based on. I would not have entered.