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?

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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GBP/JPY Weekly Analysis (Wk Strt Nov/03/08)

Posted 21:07 02 November 2008 | Comments

Hey Guys,

Looks like the market calmed down a little last week so here is the weekly analysis again.

Keep in mind that Japan wants the JPY to devalue as a high Yen is bad for exports. Last week we saw some Japanese central bank intervention and I wouldn't be surprised to see the same this week. So we could be seeing some more bullish moves on G/Y in the coming days.

Watch the video below to see this weeks analysis:

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)