Wish to catch the trend earlier
By analyzing my trend history I found that I don’t wait completion of all criteria. At the end I lose.
My trading method says that trend end is near when ADX falls and MACD shows divergence. But for us to be able to sell here in chart, 21 EMA and price have to be below 144 EMA. I saw ADX and MACD signals and decided not to wait EMA signal and lost money two times.
Losing focus and deviation from method
When I am concentrated in one direction I can lose focus and can’t see signal.
Price reached the highest point. It touched resistance level and I had a…