Tug-of-War Journal

might be better to watch 4069ish

buy and sell signal at same time so doing nothing.

I feel like my practice needs more practice.
zoomed in way too far, nose is right up in there.
feel out of sync with the market.
not terrible, but progress is slow.
need a few more hours of staring at the charts.

Watching USD/JPY.

Level 3
Waiting for unfair prices for short.

Short from 113.31 USD/JPY

USD/JPY trade going to plan. Up 20 pips at the moment.

For my records

Today's Plan:
Trade the short on double top
Repeating yesterday's cycle.
Should kick off new downward three push if no reset.

Revised Plan Shorting from .2400
Should be around CPI release.

Cycle examples:

How I am seeing price and its cycles in time.

It all seemed random until I realized I could easily get a 90% loss rate...
Death of a thousand cuts and all that cliche speak.

Non Random Questions

Why should most movements of price consist of three runs and three pauses?
Why should long pins matter for the turning of price at a level.

Another non-random question

If 95% or greater of all forex activity originates from less than twenty large corporate entities how can the market be made up of strings of 50/50 random events?

Watching USDCHF for possible down move to bottom of Channel then Push higher to new highs.

Reasoning:

15m pin going short from here. Tight stop. Target bottom of 4h channel.

Counting 3 levels. Then pins. At old levels. SL=close above last high/low. Wait for 4H pins. Tops and bottoms of channels/levels.