Disliked{quote} When price doesn't react how we expect within a sensible time window, are we consciously aware of when we have shifted from having a legitimate expectation to simple hope?Ignored
Well if you see with my write up there were a few points at which I thought to get out. Price action was telling me the bears were weak and then the bull were also weak. I think that is why the trade was so hard really, but the RN was never broken and I was in the trade so decided to let it ride.
Hope or expectation, well both for me on that trade. Expectation with both the first 2 entries (maybe should have held out on the first one). I was drawing trend lines and all sorts (mainly through boredom!!), they were telling me price was going to drop, my initial AB=CD told me it was going to drop. Then came the things like a ascending triangle, again I don't use them but hear other people talking about them and saw it and thought that could be an indication price was continuing up.
As you can see there was a constant battle with myself but stuck to my guns and came out with a few pips, price is now 30 pips south of my entry