Hello, Log in, or join forex4noobs.
Loading

Forex Signals

Forex Education: Weekly analysis for week starting 18/02/08

Posted by Nick 5

Hey guys,

Weekly analysis is a little late this week and there isn’t much analysis to be done. It has been a boring first day with no movement on GBP/JPY and it could be a boring week. I only see two valid lines at the moment and no scalp lines. Hopefully some trades will form therough candle patterns and new scalp lines throughout the week. Either way we have had a very good few weeks making  on average well over 100 pips weekly. A slow week is inevitable, as long as you make enough in the good weeks to cover you in the slow weeks you are doing fine.

Anyway below you will see my analysis for the week it isn’t much but its better than nothing. Enjoy……..

Weekly analysis in about 12 hours

Posted by Nick 5

Hey guys, I took the weekend off and headed to the beach with a friend.
The hot days are getting cooler and I wanted to take a break before it got cold again.  I brought my laptop but did not have the necessary equipment/software to shoot the weekly analysis video. I will be home tomorrow and I will shoot it first thing. It should be up in under 12 hours!

Forex education: Trade Updates for week starting Feb 10

Posted by Nick 7

Hey guys,

Wow what a week, non-stop trades! There have been 5 trades and the week is not over yet. Some of the trades are hard to call and since I wont get back into my full time trading until April I am not 100% sure how they went. From the traders I talk to it seems like a few made profit, a few took a losses but overall most seemed to make profit.

In the video below I go through each of the 5 trades this week, the video goes for 15 min so you might want to pause it and give it 3 or 4 min to fully download before playing. Hope you made some pips this week, oh and leave comments.

Forex Education: Weekly analysis for week starting 10/02/08

Posted by Nick 7

Hey guys,

I had some mic issues today and I could not shoot the weekly analysis at the normal time. I got a new mic eventually and I manged to get it out today. Things have changed a little this week, in my opinion the 207.00 line is not a good line anymore and as I write this I can see that it actually reversed  a little. The analysis I shot was a short time after the initial break and I basically said I was not getting in however that’s not much help now.

If you got into the 207.00 break I can see why you entered and it was not a bad move on your part. I was actually tempted to enter, it looked like it could be a good trade but I just had a feeling it wouldn’t work. The bottom line is even the best traders get the occasional bad trade, it is impossible not to so if you got in this trade and lost pips just brush it off and get ready for the next one.

This week it is mostly scalps this week only one proper line.

Check out the analysis!

Regards, Nick

P.S. To all you Americans that have emailed me about my date being wrong….. in the world outside America the date is written day/month/year. I think you are the only or one of the only countries that’s writes it month/day/year.

Forex education: A new trading technique

Posted by Nick 5

If you do not know anything about how I trade you might want to skip this video since I do not spend time explaining the basics which you need to know. There is plenty of info on this blog and on the main site regarding the way I trade so check it out before watching this video. Basically this is just a new technique I discovered. It is not an absolutely amazing, earth shattering, out of this world technique, it is just a way to use support + resistance lines and scalp lines together to make a few more pips.

If you decide to test this out please let me know the results I would love to know how well it works for everybody. As far as my testing goes it works very well for grabbing an extra 30-40 pips, last week it would have made an extra 70 pips.

Anyway like I said this is not anything spectacular but if it can make you more pips why not implement it?

Forex Education: Weekly wrap-up for week starting 03/02/08

Posted by Nick 8

Hey guys,

Based on last weeks weekly analysis we got two great trades worth between 85-150 pips all together. Additionally there was another trade that I could not have foreseen because it was candle pattern based (so I couldn’t mention in the analysis) and it was worth 70+ pips. If you caught that on too you would be up 150-250 pips depending on your entries/exits. All three trades are explained in the video below.

I hope you all had a great trading week!

Forex Education: GBP/JPY Trade Update (Break of the 207.00)

Posted by Nick 12

Hey guys

If you’ve been following my weekly Forex analysis you would have noticed we had two trades this week. On Monday when I released the analysis video I said I would be looking for a break of the 207.00 line for a short trade. That line ended up being broken, the trade was taken and it was worth about 70 pips. Hope you guys took the trades!

I tallied this weeks two trades up and together they are worth 140 pips!

This weekend I will release a podcast video (on this blog) explaining a technique of trading S+R lines and Scalp lines together. A technique that would have made the trade discussed in the video below worth 140+ pips instead of just 70+ pips!

Happy trading!

P.S. Spread the word!…. tell your friends about this blog!

Weekly analysis

Posted by Nick 1

I have received a couple of emails about the holding my weekly analysis ransom comment I made. I just want to clarify I am going to keep doing the weekly analysis, what I meant was that I do not want the fact that I do analysis if it continues to greatly take away from forum activity!

Weekly analysis wont stop! (well not now anyway)

Forex Education: Trade update 6th of Feb 2008

Posted by Nick 8

Hey guys

Another great trade on GBP/JPY! If you checked out the weekly analysis at the start of week you would have seen me mention the 208.80 line. I said a good trade would be a scalp based on the break of that line. Well that line was broken and the trade worked out. Check out the vid below for a detailed explanation.

Page 25 of 26:« Previous1...2223242526Next »