Today was a suitable day for trading as per the rules of our News Grid Trading System and I used the opportunity to do a trading session and record it on video. And we hit our profit target:

Forex News Grid Trading on CHFJPY 14-Jan-2014

It is a great start of the New Year. It also was a great example of the advantages of using a dynamically hedged grid. As you know It thrives on trending markets but can handle sideways movements as well. This trading session started with quite a reversal which caused some drawdown, Thanks to the dynamically hedged grid (and the individual trades StopLoss used) we were able to recover and ended up hitting our profit target. I am going to produce the video of this grid trading session and post it in the coming weeks…

Next week (1/6-1/12) is the first one of the year that I would consider trading. So, I am starting again to post the weekly outlook for everyone using our News Grid Trading System. There’s a single good opportunity to use it next week and it is on:

Friday – January 10th

Happy Grid Trading!