Phil Newton’s Break out Strategy

19 Responses to “Phil Newton’s Break out Strategy”

1. BSJWright says on: 31 May 2010 at 7:39 am

   @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”.
2. ds112ify says on: 31 May 2010 at 7:44 am

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3. risnandars says on: 31 May 2010 at 7:47 am

   break and hit when pullbak. got it. thanks for the info
4. prodigee411 says on: 31 May 2010 at 8:20 am

   you’re missing a very important tool in analyzing ranges…an oscillator.
5. afqawq says on: 31 May 2010 at 9:15 am

   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)
6. sangharaja says on: 31 May 2010 at 9:45 am

   Great like it very informative
7. mmjotic says on: 31 May 2010 at 10:39 am

   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
8. pow2ride says on: 31 May 2010 at 11:35 am

   very informative. thanks.
9. SadeTabitha says on: 31 May 2010 at 12:24 pm

   Nice try. Keep it up check out esteembpo + com for social media marketing. vnkcxv
10. pnewton69 says on: 31 May 2010 at 12:48 pm

    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
11. skateyuk says on: 31 May 2010 at 1:23 pm

    i’m confused, on the chart the timescale below the asian range says 15:00 (3pm), shouldnt this be 23:00 (11pm)
12. andysfx says on: 31 May 2010 at 1:30 pm

    totally awesome
13. Starbuc1 says on: 31 May 2010 at 1:32 pm

    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.
14. Starbuc1 says on: 31 May 2010 at 1:36 pm

    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.
15. johnlvs2run says on: 31 May 2010 at 1:40 pm

    Excellent video.

    What broker do you like?
16. pnewton69 says on: 31 May 2010 at 2:01 pm

    TradeStation
17. callumginty says on: 31 May 2010 at 2:41 pm

    I cant beleive that took 10mins
18. johto says on: 31 May 2010 at 2:56 pm

    Hello. What trading software you are using on this video?
19. sickbuffalo says on: 31 May 2010 at 3:21 pm

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

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