Turns out I am amazing after all.
What can I say. Execution was good, as was time of day. Just one little fakeout before UK GDP hammered the pair, at which point most of the position was covered +85 pips (below), locking in a worst case +70 bps. Stress levels were low throughout, thanks to satisfaction over the trade's foundations.
2/12ths of the original position was allowed to run, and eventually covered at +230 pips, securing a total gain of +132 bps at 1.32R. Although still not a huge return on risk, it's better than previous, and sufficient if I can maintain the current winning percentage of 70%.
Exits were good...patient, not greedy...particularly on the runner. 10% positions allow a smaller runner in relation to the initial position, which I find more comfortable than the 1/3rd runner used when trading smaller. Although the target for the runner was another 60 pips below, I closed early as I felt risk had become asymmetric...risking 330 pips for another 60. Also, and I know this sounds crazy, I had a huge de ja vu at the time and sensed danger. Not the most scientific of reasons, but it compelled me to close. Good thing I did, as we are now 120 pips higher.
The challenge now is stay patient, control my expanding ego, and find another quality setup.
