Dislikedat the moment i wrote that we didnt / i didnt know where it was going...i was up 40 pips and it retraced nearly all the way to my BE ponit...another5-7 pips and i woulldve been stopped out(BE) !!! so to think that i was +40 and got nothing out of it would be very disappointing to me...i took that trade on a 15m chart and i very often will take a 15m trade and be up 25-30 pips and decide to let it run only to BE....this happened last week..took 8 trades in a row...ALL of them were up any where from15 to 30 pips but ALL them broke even !!!had i kept...Ignored
Your explanation is logical. However you pointed out the thrust bar on the M30 chart, and in this case a good spot for your stop would be just above the high of that bar. In my experience it is more rewarding to take a trade on a smaller timeframe ie:M30, to narrow in on the best setup, and then back off one or two timeframes and look at the big picture (which you should have been looking at in the first place before narrowing in on your position). What you are doing by finding a setup on M30 and then following it on M15 is just adding more noise to the picture and therefore creating more stress, and causing you to make bad judgments. I am not saying your judgment in this case was the wrong one, I am just saying try it the other way around, you may find it works better.
But as you said if you were more focused on smaller positions on M15 timeframe, then Malcombs advice is correct in saying its not wise to trade against the demand when price has moved up most the day.