Welcome guest, why not register to get access to more of the site?

Announcements

This site is currently inactive as I have decided to move away from exclusively trading Forex in 2010 and as such will not be taking on new coaching clients in this area.

 



I have resumed my focus on coaching as a stock market mentor where I run a success guaranteed stock trading mentorship program

 



Additionally, you can now get access to what I consider to be the best stock options daily trade alert service.

 



Of course, I am biased and with a success rate fluctuating between 68.2% and 72.4% it is hard not to be biased.

 



If you do want to follow along with what I am doing every day you can get access to my daily stock market report 

 

 

You can read the step-by-step Bollinger Band Trading Strategy Guide - this is my main active trading strategy



Until next time


happy trading 


Mr Phil Newton or on LinkedIn Phil Newton trader

Syndicate content

NickS's blog

NickS's picture

NickS Mon 23rd Aug

Well ... what a difference a week makes!

I was mentally exhausted after last weeks "range madness" so Friday nights presentation by Phil was a welcome chance to grab the popcorn, put the feet up and get familiar with the new direction bias methodology.



The full text is only available to subscribers! : click here to subscribe >



NickS's picture

NickS AUG 19th

Well its been a very challenging week in the markets.

Some of the most remarkably choppy and erratically reversing moves ever.

As you know i am only trading snatch swing on 2 pairs E/J , G/U and i trade at 0.5% so i have not experienced a nail biting dip in equity.

Finally hit T1 with G/U after a bit of news driven excitement.



The full text is only available to subscribers! : click here to subscribe >



NickS's picture

Trade thru the chop

G/U has been an absolute #%$*  this week and i found my attention wandering after the most recent of its many twists and turns.

I remember that when i used to trade on my own it would be about this time i would decide my strategy must be broken.



The full text is only available to subscribers! : click here to subscribe >



NickS's picture

Round up to the nearest ???

I am trading the swing only snatch strat and have found the beginning of this week fairly challenging however i only need a bit of movement and my account will be in the green again for the week.

Something that has been working well for me and really shining in this weeks price movement is using a few discretional rules for stop placement.


The full text is only available to subscribers! : click here to subscribe >



NickS's picture

Break the rules ... just say maybe !

When to follow the rules when to break them.

Sometimes i break the rules on the lower timeframe entry.
Consider the chart below, pink line is trigger line and my orange line is entry.



The full text is only available to subscribers! : click here to subscribe >



NickS's picture

Week one...Trading with focus

A  great first week trading snatch swing on g/u and e/j
I ended up with good profits for the week but i did not trade well ...... i made too many mistakes and missed THE biggest move of the week on G/U due to being lax in my attention to the screen on the new 8 hourly candle (however at least i  didn't chase price as it plummeted without me)



The full text is only available to subscribers! : click here to subscribe >