I originally was not going to trade today. I had a good vision of what I thought the market would do and illustrated it on the prep via the rising channel.
I did not execute on the long because I anticipated more of an oscillating channel. In theory, this makes it hard to hold a trade for an extended period of time do to multiple retests of my entry price.
This is yet another example of how I can visualize what I think the market will do based on structure with incredible accuracy.
I had been tracking this move since late Wed night.
I need to lay down the bets and let them open up. I was mentally fixated on how bad of a trading day today usually is. This caused me to not be aggressive enough.
There was a good micro breakout entry at 9:40 AM EST. I knew it when I saw it but did not execute. I was simply not willing to lose today and it cost a good trade.
I have not had much reluctance recently. I set myself up for it today. I guess it is good to get a reminder not to hesitate on a day that I was not going to trade originally.
I will be ready for Monday.
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