Making of a method
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I am looking at all bar intervals but showing the lines as they appear on the 1 min.
Would it have been better trading to have waited till price broke through either 88 or 95 instead of trying to trade around the opening hinge and range?
Back up a bit. At the very least you should be consulting a daily chart and an hourly chart. And you should be posting these before your trading session. It's your journal, of course, and the hindsight charts may meet your needs for a review. But the difficulties appear to lie in foresight, not hindsight, and "foresight" off a hindsight chart is pretty masturbatory.
Take yesterday, for example. You missed the demand line that began at 0700 entirely. And you misinterpreted the "surge" at 0900 and the "heavy selling" that occurred afterward. This is not a character defect, but you should find out why you're missing these things. Otherwise they will continue to throw you, and since you have fear baggage anyway, anything you can plot out ahead of time will help assuage that.
I am using the Daily and Hourly for context. I write out the context before the session and then review my trades against the foreseen context.
While I am gaining confidence in my ability to form context and recognize areas of importance, I haven't been able to transfer that into points. But I am optimistic that since the larger pieces are falling in place, in time, so will the details.
I started observing from 0730 CST today and I plan to start at 0700 in the future. This will allow me more time to get a pulse on the market and make myself available to good opportunities during PM.
I understand how you use them and assumed that you did so in this way. But I don't know what you're looking at, much less what you see. If you post these charts well in advance, even the night before, then we will at least approach the same page. Likewise, if you post what you see at 0700CST, which would of course include the overnight, then you will be far better able to develop a deeper understanding of context and "recognize areas of importance". Then it's just a matter of waiting for it all to unfold rather than wait to be surprised.
My context development has been a bit mechanical, in that I have not been 'zooming' into possible areas of interest that may present a good opportunity. Instead, I have been focusing mainly on identifying S/R zones. My approach has been incomplete and correcting this will be my major focus, starting with the posting of foresight charts and context before the session.
Also, I have to redefine 'critical' zones for my trading plan. Earlier, I was viewing critical zones as those that occur around S/R, i.e. around the extremes. While this is true, it is incomplete, because a critical tipping point can also occur in the middle if there is a multiple time horizon confluence area or if a strong overbought/oversold condition exists, or if price is near diagonal extremes that are not being represented by my lateral S/R prep.
Through my experience so far, it seems that the most important task of an intraday swing trader is to to form excellent context and thereby locate the areas which provide the best opportunities. If I can do that, I can use the experience with a fast bar interval to enter at precise points, while using the perspective from context preparation to help me stay in the bigger swings. This would be an ideal balance to strive for.
This post below helped me to see this: