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 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

Trading Tips

Trading Tips to make your trading better
Phil Newton's picture

Placing An Away Trade

Hi Folks, 

On this video I tlak through the proceedure for placing an "away trade" which is simple a way to participate in a movement shoudl one happen while your away from the trade desk.



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



Phil Newton's picture

How To Look For Price Action History To Repeat Itself

On this video I'm highlighting a discretionary process to help look for Price Action history to repeat itself. In a nutshell I'm simply looking for the live part of the chart to look similar to a point or several points of reference on the historical chart. From then I'm trying to build an expected outcome assuming that history does indeed repeat itself.

caprica1's picture

Caprica1 | Weekly Open Strategy Video for 19th September

Not done a blog for a while on my weekly open trades. I've been busy with some other things, but today I thought I'd do not only a new blog update, but a video as well. Now I haven't done a video in quite some time, and I'm very rusty. Talked through 3 trade setups from this morning, and what I look at/for when trading the weekly open strategy.



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



Phil Newton's picture

Trading Tip | Location or Direction Bias?

Hi folks,

On this video I review some of the comments from the live training room regarding using a location to initial a new trade or a direction bias, or can a little of both be used.

Using location or direction separately from each other would be fairly simple do one or the other. Using a little of both means that I would have to rank my preference of which one to look for first.

For me this is location first, if the location is good then I can move on to the next item on the check list.

If I hit a stopping point (the location might not be favourable) then I can start over but assessing the direction bias.

more in the video

Enjoy

Phil

Watch this video!



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



Phil Newton's picture

Trading Tip | Chop Zones creates a duel direction set up

Hi Folks, 

On this video I look at what happens when a New direction zone is established but price touches both the long and short direction triggers at the same time.

Enjoy

Phil

Watch this video!



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



Phil Newton's picture

Discretionary trade management on GBPUSD

Hi Folks, 

A good session in the Live Trading Room. 3 trades; 

  1. Scalpers to Target 2 (+15 +30 0), swing stopped out (-20x3)
  2. Swing trade to taraget 2 (+50 +100), Scalper all 3 targets (+15 +30 +45)
  3. Scalper all 3 targets hit (+15 +30 +45)

A good session all in all but very quiet with all the action happening early morning and late afternoon. One of the things that filtering trades with the trend is the ability to easily make some discretionary adjustments to targeting using some Simple Chart Reading to potentially shoot for a larger target.