It has been a quiet and slow trading week for me. My day job has been keeping me really busy for the past week. (And I really hate the job, I made no secret about that 🙂 ) On trading front, I have been watching the markets everyday, but, hardly found anything that was worth my time and money. Sometimes, you just have to wait until the chart shows you a “Ah Ha” moment, and setup. Trust me, you really don’t need to try hard to convince yourself to take a trade. I finally got one on Friday, Asian morning session. I shorted $USDJPY on Friday morning. And before the closing of U.S session, my risk has been well covered, and now, the position is on the risk-free ride. I am holding the position over weekend. Let’s see how it works out.
During my regular review of my trading journal and plan, I observe the reduce of trading frequency. On average, I made 2 to 3 trades a week. And I am more inclined to trade bigger movement. I am feeling very comfortable with that. The game for me , now, is to scaling up my risk size, and manage it effectively. Most of my time is spent on managing trade instead of searching for entry.
My lifestyle and day j0b are heading to a big change soon, I might talk about that later on.
I am enjoying the sunny, cooling Saturday here, in Melbourne. Have a good one.