I don’t know whether this nervousness is a sign that my latest trades are not very good, or just part of the ebb and flow of emotion. I think it is probably the latter.

One thing is that I have not pinned down what counts as “breakouts work in this market” and what tells me that “breakouts do not work”. In USD/JPY and palladium, breakouts as not as effective a trading method as one might like; on the other hand, they are not awful (as they are in coffee, say). And so I am not 100% happy with these trades, and also not so unhappy that I can justify not trying to get on the trend.

It doesn’t help that EUR/GBP and USD/JPY are presently running against me. EUR/GBP is in real danger of taking out my stop.

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