Short time ago, USD/JPT broke down the support 113.10. I finally resolved to exit my dismally performing USD/JPY slightly above 113.00 when it rebounded a little, raking in 100 pips of loss - my stunning but first loss this month. Fortunately, when I was entering this position, it was close to the weekend. So I only got half filled due to leverage tightening over the weekend. This effectively reduced my loss by more than half. Hardly any comfort! 
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I suppose it is a good decision. Not only for my sanity but for my account health as well. The next support of 112.15 is still far below. As I am writing now, it is still falling.
I must pat myself on the shoulders - Good job!
.I suppose it is a good decision. Not only for my sanity but for my account health as well. The next support of 112.15 is still far below. As I am writing now, it is still falling.
I must pat myself on the shoulders - Good job! 