After a uniquely bad week, the temptation to alter strategies is huge. 10 losses for 12 trades is very tough to stomach, because humans are wired to weigh short term trends heavier than long term results. Great idea on the savanna... terrible idea in the markets. (Is that a lion behind that rock? It was the last two times!)
There's only one thing to be done, and that is to take the next trades as they come... in the planned sizes.
The EUR/CAD short is a holdover from last week, and is sitting mercifully with a small profit.
The next new trade to trigger is:
Short 628 GBP/JPY at 141.06 with stoploss at 142.23
Let's see what happens!
Current account equity: $145.64
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