Just like all other traders, at the moment when this trade is engaged, the trader(I) see this trade as a Profitable Trade, hence, I've engaged the trade.
What makes me different is that the trading system has been tested, I emotionless engage the trade in acceptance of the worst case scenario, in this case, losing.
The outcome on either Profit or Loss doesn't surprise me in any way.
In this case, a 38pips if a standard contract traded, it's a 380USD/lot gained. To me, I measure all profitability in pips and not in %gained as each trader might engage the same trade in a different approach.
This trade was spotted last week during our Live Mid-Week Analysis, full video version can be found on our facebook page, under Mid-Week Analysis. EURJPY was our fourth analysis of the session.
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