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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

FurQuad Snatch

FurQuad Snatch

Direction Filter

After trying to take a lot of the feedback into account from members in regard to the FurQuad family of set ups. A few of the points that were raised.



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Phil Newton's picture

Price Action always continues to amaze me...

Price Action always continues to amaze me...

One of the things I love about my simple view of looking at the charts is that history does repeat itself over and over again all the time.

Following on from the 7 handles thread we can see that the price action got within 30 pips of the 1.5500 first target level

Phil Newton's picture

Trading Tip | Adding into a swing trade

Hi Folks,

This video takes a look at adding into a swing trade and the criteria that I would like to see to take a new swing trade on before the previous swing trade has been ran to its completion.

Enjoy

Phil

Watch this video!



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Tradingplace's picture

Joe, 05 Aug 10

FS - Cadjpy reached all the targets, eurjpy reached 1st targets and the last 3pos were stopped out for a 10pip loss

FC - Audjpy reached 1st target, the last 3pos are still running, but price has been slugish on this pair

The week is proving to be a very profitable one, what a good start of the month....might take a day off tomorrow to avoid NFP, but i still be around to watch th



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Tradingplace's picture

Joe's Trading

Price action has been very slow today, short eurjpy, cadjpy..1st targets reached...short on Audjpy still waiting for targets. Cable is stuck in a range so no trades until price breaks out of the chop...the long from monday was stopped out this morning for a good profit.



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caprica1's picture

Caprica1 FurQuad Core | EURJPY | 4th August

EURJPY has offered up a very quick short entry for me this morning. Due to no trading yesterday, I am flat on EJ so my trigger levels are the open and close of the last completed 480 bar.



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