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

Tradingplace's blog

Tradingplace's picture

Joe| 12 October

Nothing much to write home about, as the market continues the choppy, rangy summer price action. I am glad the CZ has kept me out of bad trades, thus minimising my losses. I am currently short gbpjpy (snatch), eurjpy and gbpusd(Core)...eurjpy 1st target reached....am currently down 4% in October so far, but what i like about our stratetigies is that 2-3 trades that reach the final target can cover for 6-8 small losses incured previously.....so we are playing the run your profits and cut your losses game...which means we will come out profitable in the long run.

The other positve about our strategy is that you rarely see the full SL hit....and the last time i had a full SL hit was about 3 weeks ago...and thats awesome considering the bad conditions we are trading in right now.

Keep your heads up...keep placing trades....and the probability game will still work in our favour...we ve any awesome egde here folks...so we are ahead of the crowd.

Take care Joe



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



Tradingplace's picture

Joe| 28 Sept

Although easy to spot on a chart, trending days don’t occur often. The problem for the trader is to keep the losses as small as possible while waiting for those days to materialize.



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



Tradingplace's picture

Joe|How I play the CZ

Just thought I could share how I use the CZ breakout and false breakout.

The charts below shows how I play the CZ breakout, these are only swing trades.



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



Tradingplace's picture

Joe| 20th Sept

Hope everyone had a nice weekend...took the kids to the renault world series at silverstone this weekend, they loved it.

Back to trading, i ve a short pos on cable (core), 1st and 2nd targets reached, now waiting for final target. I am flat on other pairs due to the sideways chop zones. Had an awesome week last week, was up 1000+pips, that compansated for the previous rough weeks.



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



Tradingplace's picture

Joe|08 Sept

Some nice trades today...well deserved after a few weeks of crap PA.

Long Cadjpy, Gbpjpy (2targets reached)...and new position long cable, waiting for targets. Short eurjpy from yesterday, 2 targets reached and last pos stopped at BE.



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



Tradingplace's picture

Joe | 06 September

Hope everyone is well. The past two weeks have been rough on the equity curve. Most of my trades have been triggering and stopped out for a loss without even reaching the 1st target. Hope to see some good price action since summer holidays are over.



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