Hello folks,
My name is Phil Newton and I’m the owner and developer of www.trading-strategies.info which provides education on trading forex mainly via streaming video and a real time trading room where all my trades are exposed and detailed as they develop.
The Team at FX Street have very kindly agreed to start weekly presentations of how I look at the forex market and make a living from it. Here on the blogs I intend to reproduce some of the work from the presentations and my website so this blog will be more education focused.
Blogging is new to me so I would ask you to all to be kind and patient while I find a groove with this blog and get it into a regular format that makes sense.
And now a little bit about me and my trading style. Firstly, I’m a self taught trader and I managed to start my trading career with a high degree of success but this doesn’t mean to say that I have not experienced my ups and downs just like everyone else.
I focus entirely on price action and patterns with an intra day objective to "capture the main move of the day" I also hold trades for overnight or swing trades with a focus on average of 2-3 days but as we know this does depend on what the cross rates are doing.
In my trading I will typically employ multiple strategies (2-3 currently, but can be as many as 6 with all my set ups) on multiple cross rates and adopt an aggressive swing/intra day style on 3 cross rates and a more passive swing/intra day style on 9 cross rates.
My first presentation will be on the 28th May and we will be running through my core trading set up. I’ll look forward to speaking with some of you and please feel free to comment on anything you see here.
Kind regards
Phil
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