Weekly Update – September 20-25

An article by Gus    1 Comment

Hey everyone so this has been a weird week for everyone, with Japan having a banking holiday for most of the week, the price was mostly driven by the GBP.

While there was time to make pips it was confusing for most. The first trade went long and hit TP2 which was nice but after that it was hovering a lot. I do know some people entered long when the banks open again and hit TP3, but I missed it. I did hit short on TP3 when the JPY got in the game again and drove down prices that the GBP had falsely put up.

So first of all if you had just put in two order you should have made over 100 pips this week about 50 with the long and another 100 or so with the short. So as we see just follow the rules and the pips will come.

I will go ahead and keep posting here this weekend with some plans for next week, but just to make sure just go ahead and sign up for the newsletter on the right corner here, no spam I promise.

Also I regularly post throughout the day to my journal here on forex4noobs and will start a new thread soon for daily analysis of the GBP/JPY since the old one seems to be kinda dead.

Well have a good weekend and I will see you all this Sunday.

Gus