Nick's Forex Blog

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Forex4Noobs Members Section Reopend

Posted by Nick 1 Comment

Hi Guys,

I just want to let everybody know that the Super VIP course and forum have been reopened. Traders who want to learn to make consistent profits faster, in any market conditions, will benefit the most from Super VIP.

However, I can only take on a set number of students at a time so there are only 5 spaces remaining. I spend time personally helping and training Super VIP members, so taking on a large number of new members at a time is impossible.

If you want to be one of the lucky few to join me on the inside of Super VIP then please hurry, as spaces are allocated on a first come first served basis.

Once we have 5 more new members Super VIP will close until further notice.

I look forward to seeing you on the inside. Click here to join Super VIP!

Advanced Support & Resistance Webinar

Posted by Nick No Comments

Hey guys,

I have been getting a lot of requests for another webinar.

So here it is!

On Tuesday the 15th of November I will be holding a webinar on:

Identifying Reversals With Support & Resistance

In this in-depth webinar I will show you how to use support and resistance to spot high probability trend reversal.

Date: Tuesday the 15th of November
Time: 10:30pm GMT

Registration Closed

Free Video Course Updated – Keeping a Trading Journal

Posted by Nick No Comments

Hey Guys,

I haven’t posted very much recently. I have been hard at work producing new video lessons for the FREE Plan, Prepare, and Make Pips video course!

I have just released a brand new set of lessons on Keeping a Trading Journal.

Sounds boring right? Well it isn’t!

Keeping a Trading Journal

In the lessons I show you the simple but powerful journal format I use myself. This trading journal format had been road tested by me and the members of the Super VIP so I know it works. Keeping a proper trading diary can take you from a losing trader to a pip making machine..

I also give you an excel template of the trading diary so you can start keeping your own easily.

Trading Psychology

For the next lesson which will be release in a few days I will tackle trading psychology. This will be a major update to the free video course. If trading psychology is causing your problems then the free

What a month….

Posted by Nick 18 Comments

Hey Guys,

I’m back

Have you experienced a moment in life when the veil drops and you have a moment of absolute clarity? Well I had one of those moments in which I realized I was not making the most of my career as a Forex trader. When I think about what trading Forex brings me one word pops to mind, can you guess what it is?……. If you guessed freedom you’re right. Forex brings me the freedom of being my own boss and setting my own work hours. However, for the past year I have been working 14 hour days on Forex, Forex4Noobs and other projects.

When I had my moment of clarity I said to myself ‘Nick you need a break’. So without a word to anybody here on Forex4Noobs I grabbed my GF and we went off on a nice little trip to Tuscany. I only had one rule for my holiday.

Rule 1 – No talk about Forex, Forex4Noobs or any work.

I admit I broke my rule a few times, I could not resist the allure of checking on my baby (forex4noobs) every now and then but overall I did pretty well.

So I am back now, full time and firs things first I am going to restart on those webinars I began before my holiday. I will put up some details soon! In the mean time you will notice in the navigation bar up top that we now have a ‘forex webianrs‘ section. This is part of the new free forex4noobs VIP area. You may need to register but if you have already registered for the free forex video course release in January the same username/pass will work for the webinar VIIP area.

P.S. I know some people might be annoyed at my sudden disappearance but it is something I needed.

My Forex Trading Stats (Wk Strt February/13/2011)

Posted by Nick 2 Comments

Since last year I have been trying to keep an online trading diary on meetpips. Unfortunately, I forgot to track my stats for the first two weeks of February, so I only started tracking again last week.

If you look at my previous post on the changes in Forex average daily ranges you will see I have made some long term changes to my trading strategy. I have put break out trading on the back burner and now trade mainly reversals.

The problem with trading mainly reversals is that it limits me from posting trade calls and analysis on my blog. This is because reversal trades often form and trigger in under 3-5 hours, whereas you can see breakout trades form days before they trigger. For this reason my blog is no longer the best way to share potential trades. So now I share trades and do my analysis in the free Forex4Noobs Forex Chat Room. I am in the chatroom from London open to London close Monday-Thursday.

Below are this weeks trade stats. I caught four trades, three winners, one loser and made around +99 pips. My first trade was a +43 pips on a GBP/USD reversal on Monday morning. That was a pretty good way to start off the week! If you want some live analysis and trades join me in the chat room. I called two of the trades listed below in the chat room last week.

Like Master Candles?

Posted by Nick 9 Comments

Hey Guys,

If you like trading Master Candles you should check out the new Potential Master Candle Set-ups forum thread. In it I will be posting the latest master candle set-ups every morning (or at least as often as I can).

You can post set-ups too!

I think it will be a great way to share possible trade set-ups and make some pips.

Also join us in the free chatroom daily where we take Master Candle and other trade live each day. Join us and make some pips!

Weekly Analysis Video Error?

Posted by Nick 5 Comments

Hey Guys,

I have received a few reports that people cannot see the video in the post below? If you cannot see the video analysis in the previous post can you please reply to this post and let me know what operating system you’re running and what browser you’re using.

Below is what the post should look like if you do not see the video box there might be an issue I need to fix with the site.

Nick

Forex4Noobs New Stuff: Pip Value Calculator

Posted by Nick 12 Comments

When I talked about updating Forex4Noobs I said a lot of changes were coming. So over the next few weeks I will be making some posts showing you some of the new features I have added to Forex4Noobs.

Let’s start with the calculator’s. With a lot of help from a member of Forex4Noobs we have built a cool Pip Value Calculator. There have been many times when I have asked myself “if I trade x number of lots how many dollars will I make per pip?”. I usually have to figure it out the hard way.

Not any more, now it is very easy! I just use the cool little forex4noobs pip calculator and bam! I know exactly how much money I will make per pip.

This pip value calculator is the best on the internet. All you need to do is enter in a pair and lot size. Other calculators out there expect you to put in much more information. This calculator does all the hard work for you. So enjoy!

Check it out here

Please leave a comment and let me know what you think!

Site Update

Posted by Nick 7 Comments

Hey Guys,

I will be updating the site over the next 2-3 days. The site has so much content so its a lengthy procedure and I need to run a lot of tests to ensure everything is working fine. If you notice dead links/pages or parts of the site that do not display correctly don’t worry. It is all part of the update procedure.

Just a few notes on the new design:

1. If you still use Internet Explorer 6 the site may look a little strange to you. This is because we no longer support Internet Explorer 6 (we do support every version of IE higher than that) ie6 was released almost 10 years ago. It is very old browser technology and it just doesn’t work well with new website design techniques. Most site designers either compromise on a sites quality for ie6 or spend hours developing work-arounds to make a site look right in ie6.

Our site statistics show only 5% of users still use ie6 so if you’re on of them upgrade to the latest version of internet explorer or preferably upgrade to Firefox or Google Chrome.

By the way if you’re an ie6 user many websites including YouTube and Facebook are planning to stop supporting ie6 in the next year. So it’s not only us.

2. We have some new sections! One of the most popular pages on this site is the Forex Clock. This has been moved to the new Forex Tools section. It was formerly placed in the Forex Plus section. So if you’re looking for the clock look for it in the Tools tab.

3. shift+refresh if the site looks strange it may simply be because your browser cache is storing old information. If you click your browsers refresh icon whilst holding down the shift key it basically tells your browser to completely refresh the site. So remember to do this if the page looks weird

Ok that’s about it. I am going to go upload the new site design files. You should see the first of the changes over the next few hours.

Hold On to Your Seats

Posted by Nick 14 Comments

Hey Guys,

Forex4noobs is growing up. The whole site has be redesigned and is looking better than ever (I will put up a pic below). There will be quite a few changes coming so I am going to list them briefly.

We also have heaps of new content from a whole range of free calculators coming out to new free education videos. We’re also changing up how things run here. From now on only professional traders will have blogs so we’re removing most of the current blogs. Pretty much only my blog and Fetor’s will remain.

Guest Bloggers

I have decided to reach out and make some friends in the Forex world. I have picked out a few sites and blogs of people I consider real traders and invited them to post on my blog and participate in webinars. So there will be some new faces around here. Talented traders giving their view on the market. Starting with today there will be guest posts on this blog. A little alter I will put up a post by Kris Matthews a talented young fundamental analysis trader.

Only Pros

It was a tough decision but I have closed down a few of the Forex4Noobs blogs. From now on only professional traders will have blogs at Forex4Noobs. So that means Metalhawk’s blog and some others are closing down. I have asked Metalhawk to continue his journal in the forums if he would like (hope he does).

New Stuff

New videos, education, posts and tools.

Redesign

Apart from being a full time Forex trader I am also an amateur site designer and coder. The more I learn about site the more awesome forex4noobs becomes. Our last total redesign was back in 2008 so it has been a long time coming. We’re keeping the ninja theme but everything else is changing. I have made the site easier to use and to navigate. Here are some pictures of the new design below