Monday, May 4, 2009

Recharge & move on.

Suffered a setback today. Lost 110 pips on GBP/JPY. Persisted with the trade even though it showed signs of reversal. Erased 3.5% of my capital. Its a Golden Week holiday for Japan until this Wednesday and UK market also closed for May Day. NTD for tomorrow. The SL is too small even though there is still room to adjust.

Time for recharge and reflect.
Cheers.

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