DislikedHow do you draw the trigger lines? If you don't know what happened after my entry, what would make it a bad entry?
After seeing what happened later I also understand that it was a bad entry, but doing so VSA would be only a tool to explain the past.
What makes my entry a bad entry at the time of the entry? Also on my chart, the second green bar after my entry is an up bar with higher volume and I was quite surprised to see that big red bar coming right after!!!Ignored
OK, you know that background is strong, trend is up, so you are looking for a place going long. That red candle you say ns is not really ns for me. It looks more like a test. Testing of what? Nothing really. So you should wait. Wait for what? Price going to test last high volume area. If it doesn't go, no entry for you and you will sit and wait. So in your case it went to the trigger and tested it. So there is your long opportunity with small risk. If you are right you are right, if you are wrong you would have lost not much.
So your trade was bad because you were looking to buy and you bought it on top.