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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

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markr's blog

markr's picture

SP1- data

Hi Phil

nice looking up date via SP1 which seems to dovetail perfectly to the basic strat by creating an Ideal Bar opportunity rather than purely a trade in line with the trend- mind you I'm not going to actively trade it until I get a clear week or two of not asking questions in relation to the basic strategy!



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1st Weekly Signal

Hi Phil & all,

this is a question rather than a commentary and it arises from Caprica1's blog post- I don't want to clutter his blog up with my own questions so have posted it here:

1st signal of the week on GU or EJ or any pair for that matter.

1st Bar of the week is an Ideal Bar.

2nd bar is an Inside bar (whether Ideal or not)



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GU & EJ

Morning,

how does that song go........woke up this morning feeling fine........

and then I saw my charts.........

(No seriously, winners, losers, all part of it- if I follow the strategy I consider it a success)

GU



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GU & EJ 6th Jan

Hi Phil, Caprica1 & all,

Of the two pairs I trade, (GU & EJ) my positions so far are:

GU

currently short with no targets having been hit and trade managed to just above a bullish CPO. Looking back now I'm not enitirely sure I should have been in this trade- or is that just me second guessing it becuase its not looking too good!

 



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EJ Today

Hi Phil and all,

Happy New Year to you all

Thought I would post my trades on EJ so far this week. Yesterday, I took a long break of a bullish Ideal bar, cancelled my short order and was subsequently stopped out for a small loss after managing the trade to the next bearish CPO.



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EURJPY- Question re Best available information

Hi Phil/All

Quick question please re an overnight trade.

Yesterday, last signal of the day I had a short set up on EURJPY. I placed my orders and left it overnight

This morning I find T1 &T2 hit and price has retraced back up past the Opening price so is currently slightly negative



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