Comments on: GBP/JPY Weekly Analysis (Wk Strt May/17/09)

By: absinthe

absinthe — Tue, 19 May 2009 10:18:16 +0000

isnt 150.90 too close to the 151.55 to be a valid line?

By: carlos

carlos — Mon, 18 May 2009 23:04:36 +0000

shouldn´t 139.00, 138.99 and 138.94 be considered as one?

By: vinomaker

vinomaker — Mon, 18 May 2009 15:12:46 +0000

Are these prices in AUD$ ? I am in USD$ and the numbers do not match.

By: gbp

gbp — Mon, 18 May 2009 13:08:21 +0000

bad trade for me : 146.45
the price is stuck right now

By: Chukk

Chukk — Mon, 18 May 2009 04:50:20 +0000

What is the difference between 138.99 and 139.00??
What I am saying is, I don’t have 138.99? Or am I not looking well??

By: okanemochi

okanemochi — Mon, 18 May 2009 03:05:42 +0000

I’ve been watching your video course Nick and have a couple of questions I hope you can help with.

1- In the course you mention having different targets depending on market volatility but recently both you and Metalhawk seem to be always targeting 50 pis, is that a change in strategy or is just that the market has been in a normal state of volatility?

2- I’m sure I read somewhere that you no longer use SR lines to trade and use only scalp lines. Is that right and if so do you ignore SR lines altogether now, or do you still take note of them when deciding entries and exits?

Cheers!

By: strell

strell — Mon, 18 May 2009 01:52:56 +0000

Nick

Thanks for your reply.

I see the 143.30 scalp line was broken at 00:24 GMT. I look forward to reading your blog to learn how you viewed, and handled, this trade.

Cheers.

By: Alquimistaman

Alquimistaman — Mon, 18 May 2009 01:35:21 +0000

The 143.30 was a bad one I took it and got out with a -40.9 pips I hope that the week gets better, I have had two bad trades in a row, last week with the 146.96 and this one now, lets see what happen during the week with the other scalp lines.

By: titopel

titopel — Sun, 17 May 2009 19:59:00 +0000

Hi Nick,

Why is line 146.45 and 148.10 not considered as scalp lines?

By: NickB

NickB — Sun, 17 May 2009 19:55:48 +0000

@ed:

Thanks, hope you enjoy the blitz!