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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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Marmon blog | Week 5

Hello everyone

Just a really short note this time.

It wasn't good week for me probably by my fault, rather for sure by my fault. Thing is I risked too much on some trades which were losing trades so you know.

Plan for this week is to stick to low position size and getting back whats mine :)

The most important thing is I've joined to LTR so see you on monday.



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Marmon | Summary of the 1st month | New project

Hello there

There are two topics I'd like to cover. Lets start from progress in trading.

Summary of the 1st month trading FQ Snatch & Reversal Snatch



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Marmon blog | Week 4

Hello everyone

As I wrote in previous blog post (week 3) I'll be trading this week at GU and EJ only.

Time on charts is hour ahead of LTR

I'll be posting my entries hoping for advices how to do it better. Tell me if they are right please. I will be pleased with your comments so feel free to post it here, discuss entries and so on.



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Marmon blog | GBPUSD & EURJPY TA attempt

Hello everyone

I tried to do technical analysis on cable(will do also on EJ and I'll post it soon) and this is what I've came up with.

GBPUSD

Basic concept for every scenario: up, down or sideways movement is that level 1.5500 will be the key factor on the further movement.

Up scenario which I expect it is most likely to happen.



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Marmon blog | Week 3

Hello everyone

I would like to start from summary of the previous weeks

Long story short:

  • Week 1 (lose)

small depo blown at the end of the week. Besides that I traded on Gain Capital tick data which sucks. It is definitly wrong using 89 tick chart there, someone said 10 tick chart is proper but I didn't try it.



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Marmon blog | Week 2

Hello

Tell me if I did anything wrong with this entry on EJ

Time on screens is one hour ahead of tradestation

Chop zone confirmed, marker's bar low (golden line), price heading to buy zone



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