Forex: The U.S. session prevails!
Shane D
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.
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