You know...?

...looking back at this week, which was a VERY good one for me, I can't help but get hung up on this one trade I took which I noticed in going over my statement report this wekend. It was a CADJPY trade, which I scoured the blog looking for the reason which I traded it.

Come to find out, it wasn't posted and I know why.

THIS IS MY TRADE OF THE WEEK

Despite the fact that it was a complete scratch trade among many profitable trades this week, upon further scrutiny I realized I opened & closed it within a few minutes. Now, opening it doesn't make me very happy, closing it immediately on the other hand makes me proud.

Simple reversal on a short time frame chart... looked beautiful. However, had I not exited promptly by being conservative with my money management I would have lost BIG. price dropped another 200 pips or so after my exit. I managed to profit 3.5 pips. It drew down, I waited... price went slightly in the green & I jumped out.

You can't get better than that, well..............