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Thank you for that detailed answer. One last question on the same subject, and this concerns 6E more than CL, do round numbers such as 1.4000, 1.4050, 1.4100 etc influence your decisions in any way, as in, will you enter a trade or exit a trade around those levels or are those somewhat fictional as opposed to the VWAP, Fib and Gom levels which are derived purely from PA?
This is a stop I took over a short CL, unfortunately I could not follow the trade as I was busy with some appointments. I marked on the chart where the stop should be. I was in the trade for too much time and PA was clearly showing HH's and increasing GOMCD. Normally UK retraces waiting for the US session, it was not the case, evedently big players had a clear view where the market would head up early in the morning.