No Bullshit Forex Blog, A Part of No Bullshit Network

Hello,

Just a quick look at 3 currency pairs. I hope you will find my technical analysis observations useful.

Don’t forget to keep your trading system simple, it will work better!

Regards,
Dan
Life Holdings Management

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I’m not good at explaining stuffs, except I can only say, the more you practice, the better you get. And treat all demos as serious as how you would treat your own money. Here’s two trades triggered on my account. One from yesterday (USDJPY) and the other today (GBPJPY).

USDJPY +101 pips (still running)

GBPJPY +137 pips (still running)

Read the full post of Forex Trading Is Tough? You Just Really Need Practice

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Been talking alot with Dan from Life Holdings lately, he’s a fantastic tech trader despite being such a young age. Take a look at these simple charts and see if you can understand the interpretation.

Current GBPJPY 4 Hours Chart

Current GBPJPY 1 Hour Chart

Current GBPJPY 1 Hour Chart - Range

Read the full post of Chart Tutorial Time! How Well Can You Read These?

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A friend of mine, J quoted that it’s pointless to do predictions for the following week since people always buy and sell, and everything right now is just a guess. It would be better if you understand price action and volume, read the market each and everyday. That’ll I have to put my hats to him and agree.

Read the full post of Weekly Forex Technical Analysis - 26th August 07

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My homework for the upcoming new week as follows:

GBPUSD

Still on the uptrend. Not much changes. Seen a doji forming on the H4 and daily chart. Should be a good opening towards the beginning of the market. Watch out for the candle crossing the 200EMA lines and MACD reversing to the positive side for confirmation. Bullish

GBPJPY

Read the full post of Weekly Forex Technical Analysis - 12th August 07

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As I have mentioned on my routine before. Usually before the market opens for the week, I’ll be flipping Daily and Weekly charts to see how it will look for the long run. Here, I present to you my studies for the week.

- GBP/USD

Read the full post of Weekly Forex Technical Analysis on the Majors - 5th August 07

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Dan on NN explains on a perfect setup he spotted with AUD/USD on the daily chart.

Check it out here.

We’ll bring you more on adding indicators to your Meta Trader 4 as well as touch on some basic ones on the next continuation of the Demo series, which will be good for beginners in if followed in chronological order.

Read the full post of Perfect Pin Bar with Retracement Setup

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