Today we take a look at how the European Session panned out for the Global Market Trader European Session. It is all good and well when you have a winning session and we are happy to take them while they are there. There has been a couple of slight changes to the trade plan as this session is heavily bombarded with news events so we have to make changes to suit which have worked in our favour. For more detail or a free trial into the Live Trading Rooms please email info@globalmarkettrader.com
Asian Session Live Trading Rooms - 3rd February 2010
A quick return to the winners list.
Well we had a tough day in the trenches yesterday with a Technical issue forcing us out of our Asian session and 2 quick losers on our European session having us finished early as our circuit breaker was hit.
However, today was a return to nice consistent trading with a strong move up on both the EURJPY and GBPJPY having us long on the GBPJPY. After our initial assessment of both markets it was decided that the GBPJPY was the preferred option and we placed a buy order above the channel at 144.54. A strong move followed with us taking a comfortable 24 pips profit the spread.
We then had 2 potential short set-ups on both pairs as we started to wrap up our session and our time circuit breaker kept us out of taking two additional winners but thats trading!
Until next time all the best. If you need any additional information please contact info@globalmarkettrader.com Cheers GMT