Here is the prep overlay from yesterday. Extension high resistance held to the tick and then sell off back to lows. Very common. Yesterday's prep actually was actually indicative of today's move if you look at my visualization.
Most obvious pump fake ever at the lows this morning. So obvious that I did not take it properly. Tried to get in pre-market and had an order problem. Sounds like an excuse but I have it on video.
Then did not follow through with a higher (or lower depending on what you define as risk probability vs. stop size) risk entry after I realized what the problem was. 20 point move up since then. Tough run for me in the past couple weeks.
Premise and analysis has been mostly spot on. I am reading the market better than ever. Had a couple off days that I pressed on and am now in a draw down.
I am not losing more. I am actually losing less, but also not winning when I am right which can be worse.
Your winners will always be elusive and the losers will come quickly and easily. It is important to understand this without over thinking.
I will not execute further today as I am out of sequence. Also, have a rare massive headache so need to stand aside.
I am confident that my PNL will catch up with my premise and analysis soon.
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