On the one hand, I am happy that my analysis and expectations of the downward movement were correct, and on the other hand, I am sad that I could not get a short position!
The long position before 11:00 was very wrong, which made me unable to see the market properly in the 15-minute time frame, and I did not take a short position when I should have (after 11:00 in the afternoon).
Of course, it was good because considering that the 50% Fibo level was hit and the price is in correction mode, I will have a better chance to get a short position tomorrow.
I must remember that knowing and understanding the theory well is necessary but not enough, I must find the skill of taking the position at the right time.
And this (skill) only needs practice, experience and time.
The long position before 11:00 was very wrong, which made me unable to see the market properly in the 15-minute time frame, and I did not take a short position when I should have (after 11:00 in the afternoon).
Of course, it was good because considering that the 50% Fibo level was hit and the price is in correction mode, I will have a better chance to get a short position tomorrow.
I must remember that knowing and understanding the theory well is necessary but not enough, I must find the skill of taking the position at the right time.
And this (skill) only needs practice, experience and time.
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