http://www.UniversalMarketTrader.com

JULY 31 Recap - GBPUSD / EURJPY
ShaneD

We come to the end of another week in our "forward testing" of the 144 tick GBPUSD and EURJPY.  The London session has not been very good to our cause compared to the U.S. session.

Still, even though the London session wanted to ruin the party, the week ends up 122 pips.  Not a bad some trading 1 standard contract.  $1222.00.  The win rate is a highly respectable 69.5% overall.  The London session 57% and the U.S. session an outstanding 80%  The last two weeks trading = 320 pips.

Very particular in the trades we take is proving to be a solid move.  Stop must be totally outside the setup candle.  The setup candle must be a "decision" type candle pointing in the direction of the trade.  Risk to reward must be at least 1-1.

Enjoy the video!

 

Play video



© 2006-2009 UniversalMarketTrader.com All Rights Reserved. Reproduction without permission prohibited.