Tips & general help to make you a better trader by Phil Newton, Developer of Trading Strategies at TradingStrategies.info
Asian Session: Live Market Analysis
by Dr.S.Sivaraman
November 23, 05:00 GMT
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Hi Folks,
Today’s video follows on from the last video about bias changes which have now triggered on most of the cross rates I look at.
Also taking a look at what I’m looking at from a trade set up point of view for the day ahead
Enjoy
Phil
Hi Folks,
Just reminding people of todays webinar at 10 GMT
See you there. Ive got some fun and games planned for today, so it will be a little more interactive than usual.
Phil
Hi Folks,
Looks like we have another new blogger in town, Ive just read Tim’s First entries and there are some excellent initial comments. He is another independent trader like myself who clearly has his head screwed on
Just one comment really stuck a cord with me on his blog (among the many there) and that was;
…always have the patience to wait for an opportunity of higher probability….
This is something that I try to get across in my own seminar sessions and is something that is at the heart of most professional traders.
Tim has made some excellent comments and is well worth the read so why not take a look and follow his blog through this link http://blogs.fxstreet.com/fxtoday/
Enjoy the read
Phil
Hi Folks,
Some of those bias changes discussed on the below video are starting to come to fruition. Pairs already taking advantage of these moves are GBPUSD USDCHF
I think some of the other pairs will follow suit and change there 240 min bias changes pretty soon, but that is just an opinion so I will have to see what the chart tells me
Enjoy
Phil
Hi Folks,
First video back from a short break, not a complete break just been taking it easy on the work load front.
So to start off with a short video on the 240 min directional bias’s that I’m using to dictate the trading direction for the trading day ahead. As you will see on the video there are some potential direction changes once again and this is now really highlighting some indecision after some rather larger market movements over the last several weeks.
Hi Folks,
On Wed 8th October I presented a different view of trading that I use when break outs are not available. With the current market volatility this is pretty much the only way that I’m trading to take advantage of the big swing and to identify a method to jump on board some of the moves.
The presentation starts with a short power point of Fibonacci and how I use them as well as the strategy outline
Its a little rushed at the end of the presentation but I go through swing trading with this method, day trading for the main move of the day and also very quickly at the end due to time constraints the same strategy for scalping.
Enjoy the Fibonacci Presentation on FX Street
http://transcripts.fxstreet.com/2008/10/trading-break-o.html
Happy Trading
Phil