This morning's Trade

	04:30		GB Industrial Production (M/M)	0.9	0.3	0.1	0	Chart
	04:30		GB Industrial Production (Y/Y)	2.7	2.2	2.9	2.8	Chart
	04:30		GB Manufacturing Production (M/M)	1	0.3	0.4	0.3	Chart
	04:30		GB Manufacturing Production (Y/Y)	3.8	3.1	3.3	3.2	Chart

Alright everybody, we had pretty large deviations on both releases today, which is great news for a news trader. I ended up catching the trade using SNW elite at GBP/USD 1.6659 and only held it for 10 seconds to 1.6681 because I got so excited that something was finally going right for me. I made a 22 pip gain and a 4.4% gain on my account (using less than 1:50 leverage).

Normally I would have looked at the numbers in those first ten seconds and seen that the deviation was significant enough to hold the trade for the first minute or so, but I  had such a bad month last month that I was just excited to see profit. I cut my trade off a little too soon and did not let the profits run. I continue to refine my skills every day.

As it was, I made 4.4% which is fantastic news. Good for any week. Maybe Wednesday with Australian Unemployment numbers will bring another good trade. I will post my triggers tonight or tomorrow morning for that trade.

So to summarize any lessions learned today, sometimes it pays to hold the trade if the deviation is significant, but a gain is a gain and better than nothing or losing money. I will continue to share any insight that I gain from trading.

Good luck trading everyone!