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Friday, April 27, 2012

NY #1-6

Well the week finished out ok, my overall numbers are down from this time last year. Last year i was averaging 2-3x more trades per session. My take is overall there is just less volume in the market therefore less opportunities, plus i have gotten a bit more selective about setups. I am seeing slightly higher spreads at times therefore the opportunities to jump in and out for 1-2 pips are less. Have a solid weekend!

Thursday, April 26, 2012

The Double Stack...

NY #1-6

What started as a nice push up, slowly became a semi shitty session. Heres how i read it...

Wednesday, April 25, 2012

NY #1-7

I had a late start to the session but this is how i read the price action...

Tuesday, April 24, 2012

5min View of todays move

Lets not forget how to simply read the 5min chart. Price makes a big move up 15+pips, we then look for pullbacks to get into the trend.

NY #1-8