About Art of the Chart

At the beginning of each week, I release video analysis showing all the possible trades based on my trading method for the upcoming week. I trade only GBP/JPY and average about 100 pips per week. I take trades based on support and resistance lines, candle patterns, and price action.

My method is very simple but before you trade it you should download my free PDF manual. It is important that you understand how I trade instead of just jumping in blindly when a trade is triggered. The goal is for you to become a consistently profitable trader, so start reading and learning.

Who is Nick B?

Art of the Chart Author

Nick Bencino is a professional Forex trader with 5 years experience.

He is also founder of Forex4noobs.com from which he teaches new traders how to trade the Forex market.

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October 2008

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GBP/JPY Weekly Analysis (Wk Strt 19/10/08)

Posted 18:21 18 October 2008 by Nick B

Hey Guys,

What a crazy few weeks it's been. The world financial crisis has really done a number on the markets. As a result I pulled back from trading the markets for the past few weeks. Last week we saw some normality return to the markets so I have decided to resume my trading this week.

Caution Mode Is Activated

So I will:

- Lower my risk (trade less lots)
- Closely monitor all trades

Watch the weekly analysis in the video below:

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


download (right click > save target/link as)

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Comments (5)

GOOD INFO THX
ineedmoney | Posted 11:22 19 October 2008
Sounds convincing. I'll give it a try! Thanks
JigJag | Posted 16:08 19 October 2008
hey hey hey you dont sound like a ninja thats not how ninjas talk
m1234 | Posted 19:21 19 October 2008
Hey there NickB! I pretty new at all of this, i had to work this morning and i got on at 600ET and was doing a trade and looks like the market is really slow today. So i just took the small pip gain and left. Was it just me or was there just not much movement? Or i just couldn't find a good spot to enter, im not real sure. Well thanks for your time and thx for all your info.
ineedmoney | Posted 20:31 20 October 2008
Just checking in on this ... Did anyone catch this trade after the break of 170.41? I forgot to check in ... just now checking the quote and I'm kicking myself in the mouth.
It looks like its down over 600 pips from 170.41
therbcoe | Posted 09:34 24 October 2008

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Forex Blog: Art of the Chart

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