End of the week and end of trading, for a couple of days. My last trade i posted on these pages was AUD-CAD short at 0.9770. Well, this trade went nowhere for me. At first it gained a few pips, then retreated. Finally , there was this large spike against me, to the upside.

I closed at the end of that bar, at 0.9775 for a loss of few pips. And no, I didn’t get stopped out. These kind of trades, the ones I actually sit and watch, I use mental stops. Besides, my leverage is small per each trade. I don’t know what caused that spike, but most likely it was some glitch, although I saw it on 3 different trading platforms, so who knows?
For now I’m done with AUD-CAD. I’ll do my analysis before market opens on Sunday and decide then if i want to reenter, but probably not. Overall it was a decent week. I’m ahead of the game.
It’s time to shut the computer off and take a break.
Mike K.