Welcome guest, why not register to get access to more of the site?

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

Video Reviews - '11

Video Reviews - '11
Phil Newton's picture

Simple Price Action Trading Locations | Week commencing 20 June '11

Hi Folks, 

The coming weeks levels of interest updated below. 

EURUSD starting the week between levels, notice that I've not included the LOI that price moved through during last weeks trading. this has now been updated with the new start point using the latest price action information.



The full text is only available to subscribers! : click here to subscribe >



Phil Newton's picture

Simple Price Action Trading Locations | Week commencing 13 June '11

Hi Folks, 

This weeks Simple Price Action Levels of Interest.

EURUSD is starting its week right at an interest level providing an each way trade option

Simple Price Action



The full text is only available to subscribers! : click here to subscribe >



Phil Newton's picture

Simple Price Action Trading Locations | Week commencing 23rd May '11

Hi Folks, 

There is no denying that last weeks price action was particularly tricky to say the least with a last minute push on Friday to take the sting out of the rest of the weeks poor performance.

This week will hopefully be much better and as usual we will only know after the even what things will truely be like.



The full text is only available to subscribers! : click here to subscribe >



Phil Newton's picture

Simple Price Action Trading Locations | Week commencing 16th May '11

Hi Folks, 

No preamble this week. Below are the charts showing the updated levels of interest and chop zones for the start of this week trading.

Have a great trading week

EURUSD

GBPUSD



The full text is only available to subscribers! : click here to subscribe >



Phil Newton's picture

Simple Price Action Trading Locations | Week commencing 9th May '11

Hi Folks, 

Another trading week is about to start and the simple price action trading levels are updated again. Last week was a crazy week seeing some immense movements.

Whats causing it all?

Phil Newton's picture

How To make a 1000 pips

How can you make a 1000 pips in a week?

 

This is actually pretty simple, the first thing you need is a strategy that you have tried and tested and is flexible enough to produce results in different market conditions. 

OK that's the obvious one which everyone should know. You can learn a strategy from someone or you can buy one and teach it to yourself or you can do all the hard work yourself and develop your own which in fairness can be time consuming.

The second part is to follow that strategy to the letter. Also a statement of the obvious but out of the hundreds of people Ive trained over the years this is the part that most folks can't do. Discipline, to follow and execute your plan without deviation or hesitation.

My ultimate golden rule is;

If a trade sets up, the trade goes on.

 

So how do I follow that rule? One of the things I do to over come the psychological barriers is to reduce my position size down to a sensible level and I'm more focused on management my Mental account balance over my physical account balance.

Below you can see some example of the trades taken in real time in the Live Training room

The images show the progress of the trades at each stage. The full strategy outline is detailed in the member section so you can see the logic behind why the trades were taken.

By having a strategy, and the means to execute that strategy, allows me to participate in a movement of significance when they happen.

Do you have a strategy?  ....