NY #1-12

I nice way to end the week.  Traded the CAD for the first time in long time.  There was strong news that moved the pair so I waited for the setup to form and traded it back into the trend directon.  Not too complicated.  I watched the AUD/USD make a strong push up and the EUR/USD followed so I looked to get in the EU on the pullbacks trying to catch the push up.

 

NY #1-4

Remember there is always anohter setup coming. Keep your SL around 4-7 including spread/commisson and if you take a loss you will make it up on the next trade.  

FOMC news setups

NY #1-4

Today is FOMC news and typically the NY early session is slow.  Today was no different.  A difficult mixed session with fairly unpredictable moves.

NY 1-7

NY #1-7

I typically only trade the EU.  The past week I have been exploring other pairs to get more HP setups.  My initial take is the Yen pairs can be too unpredictable during high volume hours.  So I will be more selective about taking Yen setups and keep my focus on more stable pairs with very tight spreads.