26 October 2011

Was able to catch an hour of the NYC session, and man did it go well!

The session was very choppy as it usually is from 8:00 - 9:00 AM, but I traded accordingly, taking lots of small trades.

Most of my trades were fading surges.  IE: the price will surge too far, then bounce back like a rubber band.  Also, I try to take my entries at Fib or support/resistance levels.

Stats:
Net Pips: +21.5
Trades:  14
Winning Trades: 12
Pips/Trade:  1.54
Win %:  85.7


Attached below are my trades for the session.  Keep in mind that I also watch the 1 and 5 min charts, as well as the 15 tick, so this is only part of the picture.

Also, I'm playing around with the best way to mark the trades, I know the colors are a little hard to differentiate on the chart.

Arrow is entry, diamond is exit. Green = long, Red = short.