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
Hi Folks,
I'm a little bit late with today's video but hey not much potential stating the day, only CADCHF with a break out move and most of the other pairs have put in a decent high low range overnight which is reducing my trading options today.
Looking for some deep retracements before committing to any further movements today.
Enjoy
Phil
Hi Folks,
This short video is a quasi follow up to Jerry's question and a follow up to when not to trade.
The long story short for me is that when the daily average high low range has been done or mostly done ie. >65% then I have a really low or zero expectation of any further movements based on historical averages and reduces my trading options considerably
In this video I re-cover some points that were discussed in the Live Room.
One of the main questions I get asked is "How can I trade with the trend?" The short answer is to use the price action sequence. This is somethign we already use to enter into a trade but it can also be used to trade only with the trend.
In this short article I will be addressing one of the keys to success in any business which is Money Management and Trade Management.
Hi Folks,
This Forex video goes into more detail of the fib retracement set up and also out lines the ATM money management method in action that we went through in real time in the Live Room
Enjoy
Phil