Disliked{quote} Hi PeterT, sorry not sure i have more experience than you but i could try ^^ Please found explanation on chart. If i consider you are trading the ST order flow because you enter on the 78.6% of the ST swing and i think is what you did according to your SL this level was already tested and failed to go to retest the NSL so in ST is not a good signal for short entries. May be drawing 2 fibo with ST and LT could be confusing for SL and expectation, just my 2 cents. Regards Ockham {image}Ignored
I guess I was mixing up short term and longer term.
And yes I violated the 78.6% rule. Possibly because I WANTED to be right (emotion, bad, lasting issue, working on it )
Very interesting to see that I saw an entry to go short because I saw weakness in the bulls.
While you would not go short because of weakness of the bears.
I'll have to let that sink in for a while now