This trade was a Short Entry in the USD/CHF market that I Decided to Execute at a retest of Previous Structure Resistance after having Identified a 5-Wave Elliot Wave Pattern. Although the trade did not go as planned, my Disciplined Execution of my Rules of Engagement (ROE), & my correct assessment of the Risk I needed to assume in order to allow the market to validate this particular strategy, ensured that my Capital was protected exactly according to my Wealth Management objectives. I love taking small losses because they always make sure I quickly find the best opportunities to make money.
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