Dynamic Fibonacci Grid Forex Trading System

Daily Live Trading Session – Nov 24, 2010

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NY Session Live Trading Results 11-24-10

Nov 24, 2010 – Daily Live Trading Session – In an up and down day, Sam starts the session by entering Long Eur/Usd. As price maved back into buy zone, Sam added to his position even lower.  As the lower position hits +10, he takes half off, and while contemplating exiting his higher position at break even, price falls to some deeper territory, taking him out at his stop loss.  As Euro continues to fall, Sam notices it approaches some 1 and 5 minute support levels with significant gaps to the upside. Sam jumps in Long again, this time taking +13 on half and +15 on other half. Not enough to recover from first loss, but only down 6 pips on the day. Sam’s first losing session in two weeks. 

Total pips for session -6 pips. That’s -0.6% account drawdown.

Other moderators still had a great day with Kashif posting well over 50 pips (..and counting!)

Overall Traderoom Performance will be posted soon.

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