Guys I've been compiling this weeks data and combining the total figures for the last 7 weeks of my top 6 baskets that I've been monitoring daily. I collect the number of TP's and SL's that are hit as well as average DD. You will find some interesting data about the TO and LO sessions that are traded. This might come in useful for those deciding which session is better overall. I'll be running the same tests again next week so I can compile 8 weeks of solid data, and from there I will make some decisions about trading sessions, but for now a clear picture is starting to emerge.
Below you will see the baskets labeled from 1-6 with the total number of TP's and SL's hit for each session, as well as overall average total DD per basket.
Basket 1 TO: TP X 9 - SL X 6 - DD -18
Basket 1 LO: TP X 10 - SL X 6 - DD -26
Basket 2 TO: TP X 10 - SL X 5 - DD -17
Basket 2 LO: TP X 16 - SL X 4 - DD -38
Basket 3 TO: TP X 8 - SL X 4 - DD -18
Basket 3 LO: TP X 12 - SL X 4 - DD -13
Basket 4 TO: TP X 8 - SL X 6 - DD -16
Basket 4 LO: TP X 10 - SL X 4 - DD -15
Basket 5 TO: TP X 10 - SL X 1 - DD -35
Basket 5 LO: TP X 12 - SL X 5 - DD -29
Basket 6 TO: TP X 7 - SL 4 - DD -47
Basket 6 LO: TP X 11 - SL X 4 - DD -38
As you can see there is a slight difference between TO and LO with LO having a higher success rate of hitting TP and with marginally less SL being hit, and lower average DD. Hopefully after next week with 8 weeks of data I'll be able to have a more clear decisive picture of which session is better overall.
Below you will see the baskets labeled from 1-6 with the total number of TP's and SL's hit for each session, as well as overall average total DD per basket.
Basket 1 TO: TP X 9 - SL X 6 - DD -18
Basket 1 LO: TP X 10 - SL X 6 - DD -26
Basket 2 TO: TP X 10 - SL X 5 - DD -17
Basket 2 LO: TP X 16 - SL X 4 - DD -38
Basket 3 TO: TP X 8 - SL X 4 - DD -18
Basket 3 LO: TP X 12 - SL X 4 - DD -13
Basket 4 TO: TP X 8 - SL X 6 - DD -16
Basket 4 LO: TP X 10 - SL X 4 - DD -15
Basket 5 TO: TP X 10 - SL X 1 - DD -35
Basket 5 LO: TP X 12 - SL X 5 - DD -29
Basket 6 TO: TP X 7 - SL 4 - DD -47
Basket 6 LO: TP X 11 - SL X 4 - DD -38
As you can see there is a slight difference between TO and LO with LO having a higher success rate of hitting TP and with marginally less SL being hit, and lower average DD. Hopefully after next week with 8 weeks of data I'll be able to have a more clear decisive picture of which session is better overall.
Truth is like poetry. And most people f*cking hate poetry.
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