After going my way for ten pips, long position is under pressure. T stop is now at 1.2614 and my max loss from this initial 2% bet, is now 1%.
Reverse under 1.2614 and shoot for 1.2592. With a 20 pips t stop from 1.2534 current high.
As for the moment, there's is nothing to do but wait.Bring it mother fucker.
Corner ZZ fails, Going for the compression (short) ZZ for 22 pips tgt with a 20 pips t stop .
Give me my target or NOW WHAT ( small bounce from 1.2606 as I am writing this makes be doubt my short... HAve I identified buyers at thees levels?.
go long over 1.2627..and take another 7 pips loss? hmm...
system says reverse over 1.2627. Follow the sytem. If this one fails days is done.
LEts see what happens.
Recap and correct. Loosing that one would have netted a -5 % loss, when -4% is the WCS! Do not fall in the trap. Mind set is everything. Stay focused.
Exposed myself to increase risk. Correct this.