1/17/12 Trade Results: 4 trades, $125 profit. How / when to manually exit a "bad" trade

I had 4 trade today for a profit of $125. The last trade I took had a great setup according to my system. I took the trade signal, and it turned into what I consider a "bad" trade. When this happens, I begin the exit process. This allows for emotionless management. When you expect something to happen because of certain things, and that does not occur, you need to exit and not leave things to chance.

Here is the chart that explains how to exit a "bad" trade. It occurs when a signal is taken, but the expectation of momentum is not present.