Bingo !

Those who took the Yippon short with me ought, by now, to be settling back with a G+T, for it was a cracking trade that netted 375 pips and 7.5% account.

This is how it looked...

The grey rectangle represents the portion of the move that I traded.

You can see that the pair initially broke out overnight (UK) but I woke to see it re-testing previous support as resistance.

I then doubled my trade size on the first significant pull-back on the 1 minute chart...

Then I sat back and held my breath...

Profits were taken at the 161 Fib level, which in the light of where the pair are now seems very conservative - particularly since I had predicted a move back to the 1H 800 sma - which has since been hit...

So, why did I target the 161 Fib ? Well, my last slug of backtesting indicates a probability superior to 95% that a breakout on this pair will make the 161.

Which means that I took the quick, 'stress free' pips.

Lessons ? Just One. I did attempt a re-entry later on but closed it out for a small profit, even though it was starting to move my way. Why ? Well for me, once I have taken profit it feels like the psychological bond with the trade has been broken. The new entry feels like I am chasing it; it feels greedy, I fret about giving the pips back and it just doesn't work for me.

Solution... Either leave a small position running or be happy with the quick pips.

Still, I'm not going to thrash myself too much over what was a very successful trade. I hope it worked out for you too.