Hi folks,

Just a quick note to remind you not to forget to attend tomorrow Thursday January 22nd to FXstreet’s January Monthly Webinar, this time with one of the best educators, me,  Phil N

I will be talking about Trading with a Consistant Trading Plan, a topic of great interest for traders.

Remember that the first part of the webinar is in open basis, while the second part is only for our Premium members.

Enjoy

Phil

Trading Strategy Esentials - Part I
Part one will be dedicated to trading basics, things you need to know before you even place a trade, which way to trade and when not to trade. This session is open to all users.
Thursday January 22nd 14:00 GMT / 09:00 am EST until 15:30 GMT / 10:30 am EST
Register now!

Trading with a Consistant Trading Plan and Strategy - Part II
Part two, only for PREMIUM members and customers of TradingStrategies.info is “Trading with a Consistant Trading Plan and Strategy”. It will cover everything you need to know to make money in a simple way from the Forex market.

Thursday January 22nd 16:00 GMT / 11:00 am EST until 17:30 GMT / 12:30 am EST
Register now!

Hi Folks,

Updated direction bias video showing the potential direction bias’s that are developing for me for the week ahead and the trading plan that I’ll be using to get on to some trading set ups as they develop and unfold for me

Enjoy

Phil

Come and see me on Wednesday for my weekly presentation here on FXStreet.com I’ll also be presenting on Thursday 22nd for an extra special monthly webinar

Price action continues in the direction of the bias on the 240 min charts as per the video on Sunday for the week ahead. So far I have seen some great movement but I have had to wait a long time for the trades to move into any significant profits.

Yesterday for example the trades that set up with break outs and Fib set ups once again took 2-3 attempts to position myself for a move but took even longer to produce some pips that I could lock in with a more significant move after 6pm GMT. another long day but as always well worth the wait.

Today has seen some counter trend moves during the Asian session which I’m using to sell the rallies in a down trend finding those places of interest in the usual way with Fib retracement set ups from previous days highs and lows.

Have a good days trading

Phil

Hi Folks,

Just a quick update to the direction bias’s for today… still the same directions hold as mentioned on the video blog entry the only change to this is the EURUSD which has given me a new short direction bias and I’m now looking for short trades and as I type fib retracements are setting up for me. One false start so far and looking for a re-entry.

several break out trading opportunities develoing so far today and another full house of trades have set up for me.

AUDUSD CADJPY AUDJPY CADCHF (still pending fill) AUDCHF all break out of Asian session ranges

EURJPY EURUSD are for me fib set ups

personally Ive missed new trades on GBPUSD and GBPJPY but I still have a small swing position on and will look for a Fib retracement set up if price retraces significantly enough for me as the day unfolds.

Happy trading

Phil

Hi Folks,

This video takes a look at the direction bias’s that I’m looking at going into mondays trading session for the cross rates that I typically look at.

Enjoy

Phil

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