Posted on August 1, 2009 at 14:47 in Price Action by Phil NewtonNo Comments »

Hi Folks,

Toady’s video showing a weekend update of the price action sequence and pattern analysis getting ready for Mondays trading. As always I will need to update views with latest information on Monday and have speculated on what might change with new information on the video.

Happy Trading

Phil

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  • Posted on July 18, 2009 at 20:49 in Price Action by Phil NewtonNo Comments »

    Hi Folks,

    Just doing a quick price action update of a few charts so you can get a fell for what I’m looking at in relation to trend counter trend and range trading opportunities that are setting up for me.

    Happy Trading

    Phil

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  • Posted on July 5, 2009 at 14:59 in Price Action by Phil NewtonNo Comments »

    Hi Folks,

    Ding-a-ling-a-ding-dong Induction week is now over and its about time to unleash the beast. Full list being  looked at for trading opportunities

    Price continues to consolidate on most of the cross rates but that is not going to stop me now from looking for new trading potential.

     

    Have a good week

    Phil


    Posted on June 22, 2009 at 16:05 in Price Action by Phil NewtonNo Comments »

    Hi Folks,

    Today’s video and price action might be showing you a mixed view, is price trending or is price ranging… or is it doing a bit of both.

    This really depend on how you view your price action both views could be correct, but which one do you use. If in doubt, stay out and wait for a safe low risk trade which might mean stepping aside for today on some if not most of the rates.


    Posted on June 15, 2009 at 8:37 in Fibonacci, Price Action, Range Trading by Phil NewtonNo Comments »

    Gm Folks,

    I’m a little bit late getting Mondays video uploaded today… its a little bit of a long one so get a cuppa at the ready when you watch it.

    As usual running through the cross rates to see what looking hot and whats looking not so hot for the day ahead.

     

    Happy Trading Phil

    Phil


    Posted on June 7, 2009 at 13:55 in Fibonacci, Price Action, Range Trading by Phil NewtonNo Comments »

    Hi Folks,

    Today’s video probably fall more under the trading tips/tutorial section more than anything as the main thing I highlight is the types of things that I try to do prior to a new days trading session.

    Ultimately what I’m trying to do is think about “what could happen next” and try to come up with scenario’s relative to my trading plan and the things that I look for leading into a new trading set up.

    At all times I’m trying to answer 3 basis question;

    1. Where is price now?
    2. What is it doing?
    3. How can I get involved, if price goes up, down or sideways?

     

    Have a good days trading

    Phil


    Posted on June 2, 2009 at 6:35 in Fibonacci, Price Action, Range Trading by Phil Newton2 Comments »

    HI Folks,

    Todays Forex Video showing my trading plan for the day ahead on most of the cross rates that I’m looking at.

    Happy trading

    Phil


    Posted on June 1, 2009 at 15:55 in Fibonacci, Price Action, Range Trading by Phil NewtonNo Comments »

    Hi Folks,

    Taking a look back at the days trading and comparing what was expected and planned for to what actually happen… pretty dull day couple of break outs couple of Fib set ups… several hundred pips in the bank across AUDUSD GBPUSD CADJPY USCHF GBPJPY EURJPY EURUSD AUDJPY

    Hope you all had an equally boring day :-)

     

    Hit the reset button now because I’m doing it all again come tomorrow morning.

    Happy trading

    Phil


    Posted on May 11, 2009 at 9:51 in Price Action by Phil NewtonNo Comments »

    Hi Folks,

    Todays Forex Video showing the full range of cross rates that I look at again highlighting the direction bias and the conditions I’m looking for to enter into a position.

    Happy Trading

    Phil


    Posted on May 7, 2009 at 10:42 in Fibonacci, Price Action by Phil NewtonNo Comments »

    Hi Folks,

    Todays Forex Video showing the full range of cross rates that I look at again highlighting the direction bias and the conditions I’m looking for to enter into a position as well as a look at some of the current positions that I have open for the moment.  I also mentioned that Ive missed a few set ups as well which is fine… you cant get them all so don’t be annoyed if your not at the trade desk when something develops… another one will along soon

    Some big news items out today and tomorrow so don’t be too eager to get a trade on in what could well be very choppy post news moves

    Happy Trading

    Phil

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