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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January 2009

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Three Winners To Start Off The Year!

Posted 07:11 08 January 2009 by Nick B

What a GREAT week it's been so far guys.

In my last weekly analysis post I mentioned two long scalp line trades I would be taking:

Long @ 135.05 targeting 50 pips +50

Long @ 139.20 targeting 50 pips +50

Both of them were winners 50 pips being made easily from the breaks. The next line was placed on my chart as you could see in the analysis. However, I didn't mention it in the analysis as I doubted the price would reach that far. Either way it was a scalp line and had you done your own analysis you would have picked it out as a valid trade.

Long @ 140.90 targeting 50 pips +50

Who caught these trades this week? Tell me some of you guys made some pips!

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Comments (1)

Hi NickB, seems like you are having a good start to the year in the guppy. Me too, the guppy is in a very strong uptrend now.
Ray_1 | Posted 08:29 08 January 2009

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Forex Blog: Art of the Chart

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