Shoulda, woulda, coulda. The bain of every trader.  Absolutely useless – the only thing that matters is what you actually DID  do.

Nevertheless, it’s hard not to indulge at times.

Today’s results summary: 6 trades, 3 Wins, 3 Losses, resulting in basically break even: +1.8 pips.

What’s disappointing is that, at one point, I was up close to 40 pips – a number that would have met my goal for the day.

I started the week down <91> pips for the month. With 3 sessions left in the month, I was aiming for the not-unreasonable goal of 30 pips a day to get me to break even for the month – something that has been rare.

With a no-news Monday, I probably should have been more aggressive in booking profits.  I had GBPUSD on an RBO short, USDCAD on a YL long, and CADJPY on an RBO short. They were all three moving, though sluggishly, and looked like they might have some follow through.  Taking GBPUSD and USDCAD at the next level would have given about +70, and they looked like they might actually make it.  But I held on too long.  I ended up with 2 CBIR’s for <11>, and then the GBPUSD and USDCAD started pulling back.  I punched out of CADJPY because it was basically going nowhere, and I wanted to focus my attention.

Both GBPUSD and USDCAD pulled back to my protective stops, and gave me a net gain of 11.8 pips for the day. It was already into the London close hour, and I had a decision – accept the small gain, or try to go for more. I decided to re-enter the GBPUSD on a YL, with the expectation that it would resume falling.  It didn’t, and I took a full stop on it, which knocked my gain down to 1.8 pips.