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gbp/jpy

GBP/JPY Weekly Analysis (Wk Strt Sep/20/09)

Posted by Nick 5

Hi Guys,

Not much point doing video analysis this week since we really have no lines to the short side. We have a few to the long side but they’re quite a distance away. So this weeks analysis is:

Long at 151.80 – Medium Line

50 pip stop with a 50 pips target


Long at 153.60 – Strong Line

50 pip stop with a 50 pips target

Join me in the chatroom at around about 10-11am GMT for some live analysis. I will be recording the analysis and posting it on the blog. Usually I get in the room at about 8am-9am GMT but I will be a little late tomorrow. Oh and I will be doign live analysis ever day in the free chatroom so jump in.

Visit this link to jump intot he free chatroom.

GBP/JPY & EUR/JPY Daily Analysis in the Chatroom

Posted by Nick 15

Hi Guys,

Sorry for being AWOL this week. I caught the flu (not swine flu) and have been sick since Tuesday so I haven’t been able to trade or post on the blog.

Ok so starting tomorrow I will be doing live analysis every London session in the chatroom. So basically what will happen is during the early session I will come in the chatroom, share my charts and hopefully we can catch some live trades.

So be in the chatroom at the start of the London session if you want to join me for live trading and analysis.

NickB Method Changes & Refresh of Rules

Posted by Nick 16

Hey Guys,

I know I said I would start trading again this week but I changed my mind. A week away from the charts has done me good so I want to take 1 more week away…. sorry guys!

Before I get back into trading next week I wanted to go over some of my methods guidelines. This is the stuff which I have been neglecting over the past few months. I also want to go over a few of the changes , so here goes…..
Continue Reading →

GBP/JPY Weekly Analysis (Wk Strt Aug/23/09)

Posted by Nick 10

Hey guys,

Here is the analysis for this week, Have a great trading week!

:ebook:

Scalp Lines (Target 50pips /Stop loss 50pips):
Long @ 163.10
Long @ 157.60

Short @ 153.40
Short @ 152.30

More detailed analysis in the video below

GBP/JPY Trade Updates (a bit of a rant and some questions answerd)

Posted by Nick 42

Hey Guys,

I was very busy most of the day on Monday so I couldn’t do a trade update.

I came back to a mailbox full of questions. Some were genuine questions which I will answer in this post shortly. The others were…….. well putting it nicely……. the rest of the emails were absurd, moronic, half-witted, idiotic complaints spouted by small-minded, cry babies who for their own good should steer clear of the Forex market. In fact, they should probably steer clear of any job that requires an IQ higher than that of a primate.

I know that sounds a little over the top but anybody who knows me knows I do not suffer fools. Guys I am just tired of having people berate me because of a bad trade. I know the vast majority of you appreciate the blog because I get heaps of ‘thank you’ emails weekly. However, mixed in with all the thanks (which I am grateful for) are these idiots.

The vast majority of these morons do not bother to read the free e-Book which I spent 4 painstaking weeks writing. The book details my method precisely!
Continue Reading →

GBP/JPY Weekly Analysis (Wk Strt Aug/09/09)

Posted by Nick 18

Hi Guys,

Sorry the analysis is a lil late but like I said in my last post I sprained my wrist so I am trying to stay away from my computer as much as possible.

Since everybody took two trades last week that should not really have been taken because of news from now on I will adding news reports to steer clear of to the analysis.

News to Avoid This Week

Monday, Tuesday, Thursday, Friday
- All clear to trade

Wednesday
- 8:30 am GMT  Claimant Count Change = Be cautious
- 9:30 am GMT BOE Gov King Speaks = Don’t trade (30 min before or after)
- 9:30am GMT BOE Inflation Report = Don’t trade (30 min before or after)

NOTE: People with hearing impairments have asked me to do text analysis as opposed to video analysis. I cannot do this as video analysis is much easier for me. However, I have added text callouts to the video itself. So if you let the video run when I am talking about where I will go long or short a speech bubble will appear with all the information needed written in text.

Ok guys here is this weeks analysis:

GBP/JPY Weekly Analysis (Wk Strt Aug/02/09)

Posted by Nick 18

Hey Guys,

Here is the weekly analysis for this week. Last week was an interesting week so I will add a weekly wrap-up for it a little later.

We only have a few support + resistance scalp lines on GBP/JPY this week but more are likely to form during the week. The great thing is GBP/JPY is heading back up into more familiar territory. This means trading will likely get a whole lot better. The further up it moves the closer it will get to areas with well established support + resistance. This should make trading GBP/JPY much more predictable and bring us back to an 80% hit rate. So the higher Pound/Yen moves the better it is for NickB method traders!

Anyway enough rambling…. here is the analysis:

:ebook:

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