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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 commencing April 17th

Natalie's picture
Hi everyone. :) Hope you all had a good Easter! Today is the Easter monday Bank holiday across mnay countries, and the markets have been thin with not many people open. Asian (Japan really) saw Dollar selling in thin conditions, and it's continued through late morning ahead of the TICS data, not helped much by Empire state coming in poor. This certainly looks like some Long $ positions being pared back in thin markets which has enabled Cable to move up to the dizzy heights of 1.77 as I look now. - a break out of the range set up through Feb. There's going to be a lot more resistance to overcome at the 1.78 and 1.79 clips, and given the volumes are low on this we'll have to see how it progresses once the players are all back at their desks. But it opens out some possibilities, spurred on by articles that call into question the Fed's commitment to further hikes and the prospect that the end to tightening might be nearer rather than more distant. Differentials in Yields narrowed over the weekend and I've just seen reported that near Crude contracts opened on a big gap up. (not looked at the far ones...) China's been making noises again towards opening its markets out. Maybe another olive branch? They're certainly playing a close hand amidst all the international pressure... So that's the post-Easter backdrop sumarised to a few lines. Good trading everyone... :) --- Just read that Net Foregn (TICS) came in at just shy of 87bn which is well up on anticipated... ---