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Flat for the week. Two wins, two losses, but I ended up breakeven since my positive trades were just 1:1 winners.

Funny thing, actually. I had two trades with orders that I eventually canceled, but these would've turned out to be my biggest winners had I left them untouched.

One was a short EUR/USD setup at 1.3400, and the other was a short GBP/JPY setup at 119.00. Both would've turned out to be good trades had I only left my orders open. But alas, I had different (but both valid, IMHO) reasons for canceling these trades.

I already had a long USD position (short USD/JPY) and I felt it was a higher probability trade. Since EUR/USD was still a distance away from my entry point then, I decided to just stick with USD/JPY, even if it offered a less attractive RR.

As for GBP/JPY, it was well over 100 pips away from my sell order before I retired to bed, so I figured the wise thing to do was to close my orders and not leave myself exposed to unnecessary risk while I slept. Little did I know that the pair would eventually rally just enough to hit 119.00 before falling back down. I would've made a decent profit from if only my order was still open.

This isn't the first time this has happened to me, and I'm beginning to wonder if it is the wise thing to do. After all, I always use stop losses with my trades, chart stops, to be specific. Isn't that enough protection from any unexpected events? Whether or not I'm watching the charts, my trade will always be exposed to the risk of unexpected events. So shouldn't I treat my trades the same way whether I'm awake or not? Hmm... But then again, I don't deny that watching trades allows me to react to market movements as they occur. I guess that's something I'll have to dwell on this week and in the weeks to come.

Anyway, I was sort of disappointed with myself for missing some easy setups on Friday. Truth be told, I felt I went a little bit trigger-happy on Thursday, when I entered two new trades despite having one already open. When the results didn't exactly turn out in my favor, I decided to call it a week, especially since I'm not particularly fond of trading "NFP Fridays." Unfortunately, this led to some missed setups the following day.

In any case, my confidence remains unshaken as I know I would've had much much better results last week had I only played my cards right. I think overall, I did a good job spotting setups. It's just sad that I ended up canceling some of my orders for those setups. This week, I will not make the same mistake! Gotta risk it to get the biscuit!