Sold USD/RUB at 32.824 to close position

The first target of 32.824 is reached on the 3rd day of the position and the full position is closed. Profit is 2.7R. Not bad for just 3 days.

The purpose of the first target is to get a quick gain that is characterised by a strong move, in this case strong because it just encountered the diagonal support 3 days ago and reacts to it. Slowly at first but gaining momentum once other traders realise what is happening and joins in the move.

Hence, I am free now of this market exposure and available for the next opportunity. If you profit more than you lose over the long term consistently, such quick trades are invaluable in the sense that the profit (though smaller than my usual 2-4 weeks duration profits) are made in a few days. It is a higher frequency of return. If I have more of such trades, it is like I am selling $3 chicken rice to more customers and gaining more from it. My longer duration profits are like selling $6 pork chop in comparison but to less customers.