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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

Direction Signal | EURUSD Oct 15 '10

Phil Newton's picture

 Direction Signal.

I'll be a;

  • Buyer above 1.4100
  • Seller below 1.3950

Forex Signal

My stops are;

  • 30 pips

My targets are;

  • TRG 1 - 90 pips
  • TRG 2 - 180 pips
  • TRG 3 - 450 pips
The chart below highlights the current and previous Direction Signals that have been used.

 

Forex Signal 

 

  1. Live Trading and training is still done in the Live Training Room.
  2. Due to nature of this presentation of the Direction Signals Live Calls can not be done. Please see the F.A.Q. for how I will be using these indications in my own trading. Entry criteria here for members
  3. The targets and stops do differ from that of the main strategy deployment which will help me to run this strategy version in the back ground in a highly mechanical nature.

DISCLAIMER

I'm producing this overview solely for my own benefit to help identify and illustrate the direction triggers that I'm using in my own trading. It will also help on site members to compare their own interpretation of the direction triggers with that of my own.

THIS IS NOT A SIGNAL SERVICE. NO TRADING ADVICE OR RECOMMENDATION TO TRADE IS GIVEN. THE INFORMATION PRESENTED HERE IS A REPRESENTATION OF THE AUTHORS VIEWS.

 

Please read the full risk warning and disclaimer in the site terms and conditions