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


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

15min Rangebound or fib-pullback?

Fab1000's picture

Hi All,

Can anyone please clarify for me the defenition "on the move"?  As im currently looking at the gbpjpy on the 15min timeframe, waiting for a days high to low fib retracement. 

However, i can see a lower high and higher low within the previous swing high and low on the 15min TF.  Please see "attached" picture.  The problem is the "on the move" defenition of this isnt clear.  What does "on the move" mean?

Is this valid as being rangebound or not? 

ThankYou for anyones help


image link edited... no spaces please in file names

rangebound.15min or not.JPG128.86 KB