Fair Price, New York AM Session Strategy

A day trading strategy for Nasdaq futures focused on the New York AM session. It uses price action to identify continuation trades post-open and reversions to a

Published · Updated · Methodology: Price Action

Part of: Price Action

  • Methodology: Price Action
  • Content type: strategy
  • Timeframes: New York AM session
  • Markets: Nasdaq futures

Indicators used

  • Price Action

Source video

Decoded from: My $1,300,000 Trading Strategy (Explained in 10 Minutes) by JJ Simon — watch the original

Key timestamps:

  • 0:15 - Introduction to strategy and fair price concept
  • 1:50 - Continuation trade logic
  • 2:20 - Reversion trade logic
  • 3:00 - Friday example: Continuation long entry
  • 3:25 - Friday example: Continuation long risk management
  • 4:00 - Friday example: Reversion short entry
  • 5:20 - Thursday example: News impact on strategy
  • 6:30 - Wednesday example: Continuation short entry
  • 6:50 - Wednesday example: Risk management protocol (1:1.5 R:R)
  • 7:40 - Wednesday example: Reversion long entry
  • 8:40 - Tuesday example: Continuation short entry
  • 9:00 - Tuesday example: Reversion long entry
  • 10:00 - Monday example: Bank holiday adjustment
  • 10:40 - Trading session cut-off

Strategy overview

"Fair price" is the idea that at any moment there is a level where buyers and sellers are in rough agreement, and that price spends its day travelling toward and away from it. JJ Simon's video "My $1,300,000 Trading Strategy (Explained in 10 Minutes)" builds an entire discretionary framework on that single reference, and narrows it to one window: the New York AM session. That narrowing is the point — instead of tracking a level all day, the approach asks what price is doing relative to fair value during the hours when US volume arrives and the day's range is usually established.

What makes this version distinct is that it does not pick a side. The video splits into two opposite trade types built from the same reference: a continuation case, where price leaving fair value is treated as the move to join, and a reversion case, where price stretched away from it is treated as the move to fade. Deciding which of the two the session is offering is the actual skill being taught, and the video spends its second half on a Friday session walked through end to end — a continuation long with its risk management, then a reversion short — rather than on abstract rules.

The headline figure belongs to the video's own title and is the creator's claim, not a verified result; treat it as marketing and judge the framework on its logic. This page covers the concept and the source video's structure. No formal rule set has been extracted for this entry, so the honest summary is: watch how the two branches are distinguished, then define the fair-price reference and the session window precisely enough to test them yourself.

Topics

trading strategy · pine script · tradingview strategy · price action · day trading strategy · nasdaq futures · new york session · continuation trading · reversion trading · am session strategy · fair price strategy · es futures

Frequently asked questions

What does "fair price" mean in price action trading?

Fair price refers to a reference level where buying and selling are considered roughly balanced — an equilibrium point. Price action traders use it as an anchor: moves away from it and returns toward it become the two basic behaviours worth trading, without needing an indicator overlay.

Why does this strategy focus only on the New York AM session?

The New York morning is when US volume enters and much of the day's range is typically formed, so a fair-value reference tends to be tested most decisively there. Restricting the strategy to one window also limits how many setups a trader has to evaluate per day, which is a deliberate design choice in the source video.

What is the difference between a continuation and a reversion trade here?

They are opposite readings of the same distance from fair value. A continuation trade treats a move away from the reference as directional intent worth joining; a reversion trade treats an extended move as overstretched and looks for a return toward the reference. The video covers both and uses a Friday session to illustrate each.

How should I evaluate a discretionary strategy like this before trading it?

Turn the discretionary parts into something testable: define exactly how the fair-price reference is set, when the session window opens and closes, and what separates a continuation read from a reversion read. Strategy Decoder catalogues strategies from video sources so you can see the structure, then take it to TradingView and test it on your own instrument and data.

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

Strategy Decoder catalogs 2,229 decoded strategies. Each one is extracted with confidence scoring, cross-linked to the indicators it uses, and kept up to date as new videos are processed daily. Load this page with JavaScript enabled to use the interactive tools, or start from the strategy explorer to filter by methodology, market and timeframe.

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