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

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

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

Hi Folks,

Todays Forex Video showing the direction bias’s and my trading plan for the coming day ahead highlighting what I’m looking for to develop and what I indend to do IF those plans develop.

Hi Folks today’s video takes a look at EURJPY and GBPUSD… both showing vastly different views.

EURJPY channeling and trending down so looking to sell the rallies in a down trend

GBPUSD confirmed a consolidation yesterday and once again on the sidelines until price gets to an interesting level in relation to that consolidation

Happy trading

Phil

Hi Folks,

Been a weeee while since I last posted a blog entry here so I want to get back into some good habits and say thank you to everyone who has waited patiently for me to re-start posting again.

Taking a look at just two cross rates on this video dealing with the price action sequence that I use to gauge direction. As mentioned on the Video the bias is up and is potentially turning back down again which at the time of writing the earliest that will develop for me with my data feed is at 14:00 UK hours.

The strategy that I curerntly use is basically keeping me on the sidelines as I cuurently cannot determine some solid levels of support.. this doesnt mean to say that there are not any there… just in relation to the Fib strategy that I use.

Happy Trading

Phil

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

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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Hi Folks,

Following on with the directional bias video series that I’m doing this video shows the current vie of the direction bias’s pre-start of the trading week for me.

The direction bias as always is based on price action. I’ll be looking to sell rallies in a down trend, buy dips in an uptrend and usually step aside during a range until price is at a decision point for me.

Have a great trading week folks

Enjoy

Phil