A good rebound occurred late at night while I was sleeping. The day after, upon seeing the chart, I was initially angry that it occurred at a time when I couldn't act upon on it. But I then made a conscious decision to see this event in a more positive light. My strategy would have captured this move as an entry signal was generated at the start of the bull move...
I ignored my plan and speculated on the USD falling against the Mexican. Got stopped out. If I had followed my plan I would not have lost any money because theres nothing here that is tradeable according to my strategy.
Pro tip: stick to your plan, don't speculate.
Brief analysis on possible upside down pennant forming. Price seems to be rebounding off a solid floor with lower high candle wicks. This is not part of my trading strategy, but chart analysis that I like going through. Nothing too complex.
Missed a few trades due to life commitments, annoying but inevitable. In fact this entire week of trading, on multiple currencies was filled with missed trades, stupid mistakes and fear based trading.
Slowly learning to increase confidence and follow my plan.
