Had bullish bias but missed two good buy opportunities

Typical situation where I was overthinking about what will happen rather than taking the setup and seeing what happens.

Currently not accepting the random nature of the market.. overthinking weighted coinflips and therefore ending up not executing my bias and setup.

T1000 

Had bullish bias but missed two good buy opportunities Typical situation where I was overthinking about what will happen rather than taking the setup and seeing what happens.

Those are two good trades, Price/Action and then pause continuation.

A chart you may want to look at to get a better view of the Price/Action. Time is CST. The EMA on the NinjaTrader chart is 20 period, Lin. Reg. Slope is 10 period, ADX is 14 period and Volume. Linear Reg. Slope on a 5 Min chart with a 10 period ties into moves on the stock market. Line sloped up for long and sloped down for short. Indicators are just that, an indication but not a be all end all. The exponential moving average (EMA) 20 period can be an excellent reference point for Price/Action and patterns. The pause continuation is what I consider a pattern.

The LRS can placed in the #2 panel or sub graph.

0850 bullish candlestick with no increase in volume, predictive long. You can see the result.
Screenshot (22)

Thank you! Will experiment with ADX and linreg.

In my tradingview I have 20 EMA plotted on the chart, I experimented with removing it but it does seem to help (e.g. continuation setups and reversion to mean in TR).

Happy with my trades yesterday. Bias was long. Took long above the highs of second open bull candle which triggered but then reversed down. Exited and re-entered on opening reversal. Exited when the big red bar was forming. Could've trailed the stop tighter but was tired so left stop at 5714 and went to bed.

Trades

Good day 2nd day in a row. Bias was long. Took a long on opening reversal again, targeted highs of 5717 but trailed stop loss below bar as probability for today was chop. Got stopped out 7pt profit.


5700.00

Here's the exit

Trades

Bought the breakout, exited while bear bar was forming.

Trades

Took another trade on ES weakness.

Trades

Shorted after weakness to news. 20 point trade.

Trades

Too many trades, flipping short to long and using 1min. Worst was -240 USD, ended at -127 USD.

Need to enter and leave screens with stop in place.

Trades

Bought pullback and let the position run till after hours, take profit was at 5594.50, closed the trade a bit before it hit the stop during ETH.