The Prep overlay is ridiculous today.
I spent extra time this morning putting together the visualization. Usually I get the feel immediately and quickly plot the arrows.
Lately, I have had a few occasions where I needed to review a few different time frames and aspects of the structure prior to putting the prep together.
I think this is because of the complexity of the price action lately but also I am getting more detailed in my premise. Once I put everything together today it looked organized and symmetrical. I usually know when it is right.
I did not have that feeling yesterday and the visualization was a little off. If you look back at yesterday's prep I did something that I never do and it was off a bit.
Today was spot on and I repeatedly hit the inside support area.
This is a major change to my trading style. The basic premise of my plan (it is very basic) is to hit good prices at my zones or good pullbacks and execute a high probability exit with a plan to re enter if the price comes back to my entry area.
These executions add up in oscillating markets. This plan requires me to give up holding single trades for long distances in trending markets but the price tends to congest and oscillate a majority of the time.
In theory, I should not need the market to push to a new high or low (which is less probable) to have a positive outcome more times than not.
The plan has been working extremely well for the past week or so but there will occasions when I take a much larger than usual stop when my premise falls apart. The equity curve will even out but also be much steeper to the up side in a sample as long as I stay aggressive and do not let the price push me around.
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