Entered short trade on GBP/JPY using the Tea Break Strategy after it breakout to the downside. But the breakout did not sustain and it was ranging for few hours until the night. I decided to close it with small losses of 22 pips just before 10:00pm. Minutes later the pair experienced another downward pressure and it broke the EP. I had a chance to close it with even smaller loss earlier but i waited and waited until now. I have learned something about my trading style. I am a momentum trader - trades on breakout. Prefer to have trades that has big momentum, big price movement. Will have to strategise my entry next.
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