I applaud the FOMO crowd for their attempt to get to a new HOD in that last 15 minute rally. Very impressive. Close, but no tooky. Look at after RTH PA....what a fake rally that was....LOL.
I did several brilliantly conceived and less than flawlessly executed trades today. Up a total of 1 pt. at least I didn't hurt myself.
Not many get that so nicely done and hold onto that insight. Nothing we talk about is in the market - no trend lines, moving averages, channels, wedges, triangles, etc - none of it is in the market. It is structure we impose on the data flow of price & transactions. I do use H1/H2 and L1/L2 and yes, I am also using other levels/areas based on "trader" behavior.
Holding onto that insight takes lots of deliberate practice. At the same time, the price structure we see helps us feel the market flow better. Yes. i did feel that you stops and entries/exits are gotten by combining H1/H2 /L1/L2 , swing high/low, and signals about which market is talking to you.