Only one signal for NY session

Am in my "deer in the headlights" phase right now. Sitting on an ugly short from yesterday in GJ. With the new hedge rules now in effect I could not take advantage of this no-brainer trade on GJ during the NY session. Having blasted 600 pips straight up without even a moments pause, the long signal was the most clear thing I have seen all month. Alas, I am stuck in a short from yesterday and am holding on for lower prices later in the week. 

Not pleased with my attempts at staying faithful to my trading system.

Poor risk management

Yesterday the market took out all my lower levels, and even broke below those levels in the Tokyo session. I made the worst possible decision which was to hold on for the bounce. Well, it came and I exited today break even, but this is not the proper way to hold a losing trade, I had no confidence price would bounce back this aggressively--lucky though, it did...

This is a continual struggle to take reasonable losses when themarket presents them. This morning during the Tokyo session, there was a very clear buy signal but I didn't take it because of my clouded judgement holding a position left over from yesterday.

Resolution: to trade the bands for exits. Yesterday should have had 3 losses and 6 wins. Instead I had 3 buys and all exited break even on the following day. No profit to speak of.

As the AA guys like to say: it works if you work it.

Add GJ

You can see the market tested the LOD and is seeking equilibrium now. Seeking a retest of the HOD still.

Buy GJ

Market not holding its range here, testing the Tokyo lows, in for a retrace.

GJ new highs

Have been distracted by real-world incoveniences the past 24 hours or so. Missed themassive upmove as I put a limit order in well below my target. Hope someone took the bulk of yeterdays upmove.

ADD GJ

Trade not sailing smoothly, may have to wait until US session for profit on this one...

Buy GJ

First trade of the week, above high of Friday, should be good for a play on Sunday nights high.