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.
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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Hey Guys,
Who took this week's trades?
In my last post I gave two short scalp line triggers the 170.40 and the 166.00. Both trades had a target of 50 pips and a stop of 50 pips. Both targets were hit and both trades were successful!
So this week's trades:
+80-100 pips (depends of course on your entries and exits)
Who grabbed these trades? Leave a comment and let everybody know how you did!
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Forex Blog: Art of the Chart
