Yen weaken on Moody's rating.

I had 3 trades for the past 2 days. 2 small profits and a loss. Net result is a small loss. I missed out on the reversal of trend. When the Moody agency decided to revise Japan's rating, the yen began to weaken, but i did not reverse my position. I was holding it and hoping it would go back my way. When there is uncertainty in the market, its time to change or at least close your position.

Another lesson learned.

Happy trading.
Cheers.