Forex, futures, stock and options trading course.  Universal Market Trader combines a trading system, trading strategy, trade indicators and live training for active investors.
Home | Master Forums Index | Member Profile | Tell a Friend | Text Size | Search | UMT Owner's Login
home | Trading Videos & Recaps | Forex: The U.S. session prevails!
 

Forex: The U.S. session prevails!
Shane D
Printer-Friendly Format

Tracking the EURJPY 144 tick for the week of April 27 was pretty tough slogging especially through the London session.  Markets were choppy and sometimes the setup candles were so small, you needed a magnifying glass to manage the trade.  (I personally trade a higher tick frame but wanted to cover the 144 this week as many trade that). 

 

That is forex though.  Extreme madness followed by periods of serene price action.  Following the rules of AT, your edge PLUS your trade plan, still has you coming out on top.  The London session ends +20 on the week and the U.S. session pockets you 98 pips.  If you were too busy finding reasons not to trade instead of following your trade plan edge, how did you end up?  One standard lot banks you $1080 for the week trading both sessions.  Not bad for 6 hours per day of trading. 


Remember though, you don't need to trade both sessions.  Pick the one suited to your own schedule.  Some weeks the London session will prevail but last week, the U.S session is the winner.

Click here to play the Video




Printer-Friendly Format
 Discussion Forum
AdvancedTactics
Charting & Brokers
Forex Trading
Futures Trading
Master Forum Index
Stock Trading
Owner Contributions
Recent Forum Posts
· Interactive Brokers using "Bracket Trader&quo
· 1597 S&P emini tick data
· Ninja & Chart Trader
· SLIPPAGE + COMMISSION COSTS FOR THE NQ 144 AT.
· Advance Tactics question...
· EURO-BUND and EURO-BOBL
· MT4 AT calculator repaints signals
· UMT Core
· Swing Trading Stocks
· MT4 Platform
· Ninja with Gain
· forex room tonight
· downloading UTM
· ODL securities meta trader
· Loading indicators
Search Discussion

 UMT Owner's Say
Here's what our members are saying ... Read even more by Clicking Here!
"I am so far amazed!!!! I spent Monday, & Tuesday....listening to the UMT videos and yesterday and today paper trading....even with my slight "errors" UNBELIEVABLE!!!!"

Ilene L.
Sioux City, IA


"Great trading system and training!"
John A.
Kerrville, TX


"Thanks - it's working great on my forex trades.
Robert K.
London, UK


"I can't say enough about how valuable your strategies have been, it has changed my life."
Victor O.
Seattle, WA