Phil Newton's Break out Strategy | Price Action Forex Trading

[forexproff2014]

Secret to profitable trade on Forex! Profit 150-200 % at month!

goodzarabotok.mybb.ru (RUS)

mastertrader.topbb.ru (ENG)

Trade Strategy LSFA BS (Banking system)! Always pleased to help!

Vladimir-Anatolevich08@yandex.­ru

Respectfully yours,

Vladimir Anatolievich.

[dnanddn]

just wandering does anyone know what the name of his stock chart software is?

[Xniffer69]

excellent work

[Xniffer69]

thanks its really help me to open or close my position

[nancyforex]

excellent video, its nice to see every one follow up UrbanForex and help people.

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[FXHEROS]

Great strategy will try on demo account keep up the good work.

[majestik143]

talks too much

[freeSCALPINGindicato]

Nice one, anything for scalping?

[n33dw33d3333]

this is just a case of a brakeout, every brakeout its different, this is not a strategy

[robnfc1]

@5.23 was that a fart

[mesa134]

and yes trading is simple...why not everyone is making money is cause they fail to at money management /psychology which makes up 80% of trading

[mesa134]

i would have entered at that right hand shoulder...1.5570 area ..confirmation with moving averages 10 20 50

[pierneus]

The logic of your technique is good, too bad it doesn't work on a 15 min time frame. There is another time frame where these kind of break outs work. Good trades to everyone!

[Serrokot]

Anti-recessionary measures are directed against market formation of the prices. It means the governments in the opened trade against the people and the market.

[BSJWright]

@mmjotic I have traded with Phil in his live trading room, and made 307 pips my first week, from a position of making consistent losses. Granted this was using a refined strategy but the principle is quite similar. Hardly "medicore material".

[risnandars]

break and hit when pullbak. got it. thanks for the info

[prodigee411]

you're missing a very important tool in analyzing ranges...an oscillator.

[afqawq]

I'm writing to tell you that your system is definitely the best system for Forex traders that I've ever used. I tried various programs with little effect but the signal method is what I always wanted. This way I can do other things instead of worrying about market analysis and other complicated stuff. I'm absolutely satisfied with this system. Learn how to make easy money at [ MakeMoney8Xcom ](replace X with a dot)

[sangharaja]

Great like it very informative

[mmjotic]

the details are very limited I doubt many people will be able to take anything from this. It is why so many people can't trade. Trade management was not mentioned. The assumption regarding price target was not based on anything statistically significant. There is not much here that I can say will give you a probabilistic advantage. Its a promotional tool to get people interested in easy money and most likely lured into paying for mediocre material

[pow2ride]

very informative.  thanks.

[skateyuk]

i'm confused, on the chart the timescale below the asian range says 15:00 (3pm), shouldnt this be 23:00 (11pm)

[pnewton69]

Firstly depends where you are in the world and what times your broker uses. Secondly the range is based on price not time so a range can start before teh asian session and go on after the asian session has finnished... most commonly you will see a range through the asian session although recently there have been quite a few asian session trends

[andysfx]

totally awesome

[Starbuc1]

Correction the up move was 80 points from 1.5720-1.5800. But 80 points is $1,000 move and could have entered at 1.5710 and got another $125. Horizontal consolidation regions, this is 40pts hi/low, can break any direction and would not use a move out of this range alone to enter a trade.

[Starbuc1]

A horizontal consolidation after a big up move is common. Best trade on that pattern was the 123 bottom up at 1.5720. to 1.5800, 180 pt up move. 80% of HR's after large up move will break out down. He got lucky in that he hit on a low percentage up move. Now some trader will play either way out of that. I will as well IF my indicator gives me solid hit in one direction. Basically, be a smart informed trade and know all the possibilities before you put your money on the line.

[johnlvs2run]

Excellent video.

What broker do you like?

[johto]

Hello. What trading software you are using on this video?

[pnewton69]

TradeStation

[sickbuffalo]

You are good Phil, and you are good at explaining your ideas too