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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 trading 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 dail stock market report 


Until next time

happy trading 

Mr Phil Newton or on LinkedIn Phil Newton trader

Week Comm 20 Feb

Phil Newton's picture
lets keep this weeks picture confined to the near term clack which Cable again finds itself embedded within......... this is a real tug the past few weeks attempting to string a line out in either direction lol, further confirming the intraday style/stance most folks are having to take on this pair........... not wishing to continue repeating ourselves, but until this 7515 top barrier pops with decent follow thru, Cable is at the mercy of $ Bulls, and it's butting another strong barrier opening into next week.......... impossible to assess how Monday will pan out with the U.S volumes likely to be subdued, but they just might try heaving & shoving this thing upwards in the absense of any major counter artilliary.......... should it run out of steam & consolidate, so much the better - as it might inspire the Bears to mount a stand off on or around 7375 to try maintain the higher low trend kick.......... either way, we'll undoubtedly get our continuation-reversal signals for yet another fraught, frustrating week of action.......... good luck & keep those eyes/ears peeled for traps!!!