Tuesday, 23 September 2008

Fast In Fast Out Approach during Volatile Market Conditions

European Session
No. of signal recommendations: 2
End-of-session results:
Crosses: GBP/JPY (+60 pips) and AUD/JPY (+35 pips)

100-pip EA system
No. of auto-entries: 1

When the price seems to stall for some time and it does not move according to your plan, it is very likely that you are going to lose as the price eventually moves in the opposite direction. Today, we saw the end-of-session system did well once again as the price momentum continued to pick up soon after we entered. The price appeared to be stalling for the 100-pip setup.

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