The speed and magnitude of the reversal is what made this loss so difficult. Having nursed the trade for days things were just starting to improve, with T1 met (+50 pips) and the pair spiking higher after BOJ easing. But hope quickly turned to despair as the easing measures were deemed insufficient, and the move got faded. I stopped out two hours later. It's taken days for my head to catch up with the market.
I feel better about it now, in fact I'm proud of the trade. The premise was good, namely, attempting entry into the daily bat (below) at the Weekly 3SMA low with a QM /bat combination. It fit my plan and was executed with control. Risk was deemed appropriate given the large potential return. It didn't work this time, but that's trading. I must try not to take individual losses so personally.
