Thursday, February 2nd, 2017

Phil Newton’s Break out Strategy


www.trading-strategies.info In this Forex Strategy Video you will see a detailed description of how I trade the Asian session range break out.

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Comments

10 Responses to “Phil Newton’s Break out Strategy”
  1. sickbuffalo says:

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

  2. johto says:

    Hello.

  3. callumginty says:

    I cannot think that tomà ³ 10 minutes

  4. pnewton69 says:

    TradeStation

  5. johnlvs2run says:

    Excellent video.

    What broker do you like?

  6. Starbuc1 says:

    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.

  7. Starbuc1 says:

    Correccià ³ n the jump was of 80 points from the 1. 5720-1. 5800. But 80 1,000 points move dà ³ lares and podrÃa to have entered 1. 5710 and consiguià ³ other $ 125. horizontal regions of consolidacià ³ n, this is 40pts high/low, can break any direccià ³ n and not use a movement outside this rank to only enter a commerce.

  8. andysfx says:

    totally awesome

  9. skateyuk says:

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

  10. pnewton69 says:

    In the first place depends on where you are in the world and what their time-use corridor. Secondly the price range is based on no time for a range may begin before the Asian session and move on after the Asian session is Finnish. . . more you will see a series through the Asian session, although recently there have been quite a few trends in Asian session

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