Okay so first off my initial two longs were correct but me switching to short at 789 was a big mistake ! it was merely a retrace wave and I mistook it as a change of flow the next crucial test for bulls were at 773 I actually went long here again switching my short seeing here I went wrong so far so good despite jumping back and forth I was still okay as far losses go. But I missed my exit out of that long as Tokyo open was fast approaching - that was the beginning of the -600 loss. One bad decision leads to another bad decision ! something to think about going forward.
But I can't let slide the obvious fact I can't see the correct levels on 1min OR rather I couldn't ! There's really no excuse to remedy the situation. Unless you learn to sport the correct levels for re entry you'll keep losing. That's a fact.
Failure of 791 was really the beginning of downfall major R 799 test was finally beginning to materialize on 1min. From here on I just got so confused. That's usually "the pattern" of bad days. Hence why I didn't attach any screenshots of my trades cause there were "too many" on good days I usually end up opening up 4 trades max. It's my tendency. I should learn to stop whenever I'm confused.
Incorporating 1min flow along with 1h levels and flow is clearly not working I obviously had a lucky run on last Friday. I'm sure "someday" I'll understand 1min flow and learn to incorporate that to 1h flow and levels but I am not ready to trade that on live at all.
Having said that for a change I got rid of those 1min levels and here it is, I need to identify the cause in the now not in the past !!! Instead of trading the range buying from 463 and selling at 527 I did the exact opposite. Upon Tokyo open 463 held and 527 failed that should have been the cause in the now.
I keep buying at resistance and selling at support in the name of trading the 1h cause which was of the past and incorporating 1min flow further complicated and confused my ability to see.
Friday I got lucky because cause in the now broke and I went long right at the breakout.
To wrap things up, I'm not going to confuse myself with 1min levels or any more add ons within 1min oscillation I will solely focus on 1h relevant levels and cause in the now on 1min.
Causality (also referred to as causation, or cause and effect) is influence by which one event, process, state, or object (acause) contributes to the production of another event, process, state, or object (an effect) where the cause is partly responsible for the effect, and the effect is partly dependent on the cause. In general, a process has many causes,[1] which are also said to be causal factors for it, and all lie in its past. An effect can in turn be a cause of, or causal factor for, many other effects, which all lie in its future.
we can't escape the law of cause and effect so is price fluctuations, its a matter of identifying the right cause therefore knowing exactly what to anticipate.
