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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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Mids blog | Week 4

Monday was a strange day, all morning there was hardly any movement so stops were continually hit but the afternoon session picked up and I ended up with a V shaped recovery finishing just above breakeven.



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Mids blog | Week 3

My first week was break even, my second a loss and glad to say that my third week has been profitable. It was a fairly up and down week and despite Monday being a great day by Wednesday lunchtime I was back at breakeven.



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Mids blog | Week 2

End of week 2 in the LTR and lots learnt.



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Mids blog | Week 1

Just a quick review at the end of my first week in the live trading room. After spending the previous week learning the main strategy joining the trading room and observing how the trades are managed feels like good progress to get up to speed and also a chance to learn a lot of hint & tips on a variety of subjects.



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Mid's Blog | Day 4

I normally wouldn't trade on non-farm payroll day but seeing as I'm using tiny stakes to get familiar with this strategy I'm going ahead for the practice.

EURUSD again had a small 6am 4H candle so long entry on high and short entry on low.



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Mid's Blog | Day 3

TRADE 1

EURUSD 6am, ATR(40) = 181pips, bullish closing 4H candle, open to close = 11 pips (less than 10%) so move lower entry to low, open to low = 13 pips (still less than 10%) so move upper entry to high.



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