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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

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Blogs

Phil Newton's picture

GBPJPY Trade Review - May 2nd

This trade review shows the how a trade that would previously have not made any profits due to the old trade management method can be turned into a small profit with the new active trade management rule.

This video also shows when to apply the active trade management rule when its not to clear when or what you should be doing.

Enjoy



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



Phil Newton's picture

Clean Chart / Messy Chart

In this short video I look at how to assess a chart to see if its a "clean chart" or a "messy chart".  Ideally for trading a clean chart is better as it highlights visually better conditions for trading opportunities.

The video highlights how I short listed the pairs that I'm currently trading in the Live Trading Room

Phil Newton's picture

Know your limits

Something happened yesterday which, for me, has not happened for quite sometime.

To cut a long story short I let my emotions get away from me while I was trading. The straw that broke the camels back for me was a Fib trade on GBPJPY, after that stopped me out I snapped. 

Phil Newton's picture

When the old plan doesn't work, devise a new one

One of the many things that I have been looking at (and believe me when I say I have many strategy variations running in the back ground and developing new strategies which either get shelved or incorporated into the main trading plan) is to look at the current strategy and compare it to one of the many variations I have used or developing to assess there viability to move them from testing to



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



Phil Newton's picture

Price action & MACD

This video looks at a strategy variation by using MACD, which is a mathematical calculation, to identify what I call and interesting location. 

This helps to identify the "where is price now?" part of the three basic question and ultimately find a location on the chart that you are prepared to look for trading opportunities.



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



Phil Newton's picture

Price action & pivot points

This video looks at a strategy variation by using pivot points, which is a mathematical calculation of support and resistance, to identify what I call and interesting location. 

This helps to identify the "where is price now?" part of the three basic question and ultimately find a location on the chart that you are prepared to look for trading opportunities.

 



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