Tuesday

Result is +12 for Tuesday's session.  Again liquidity was poor, buyers or sellers were not found on levels that "ordinarily" would make sense in the price structure.  Frankfurt price action was muted, and I was stopped out by a couple of grinding efforts. 

Low liquidity volatility evident around LSE, stopped out for BE and then a news driven rally (Moody's possible degrade of Spain) drove the market down 30-50 pips in an instant.  Unfortunately I was on the buy side at that moment and got done for BE.

This was followed by a flat line session leading into New York, and although I had traded my way into positive territory scalping 3's and 5's, I didn't have the fight to stay up for NY.  Woke up this morning and it seems NY went for a 100pip run, which makes me wonder if the pattern of last Xmas was repeating itself: dead trading days characterised by a rally in New York.  If that's the case I can't be bothered because it's too late in the night for me.

Given it's already 22 December, it is wiser to set aside the urge to apply what I've learned about trading naked, have a proper break and resume again in the new year.  As expected, the conditions this week, judging by the erratic nature of price, has increased the level of risk due to exaggerated moves.  Why surf when there are no waves?