A smart man knows when to be dumb.

High flying ego will get you squat. No more Mr. Trader.

You need to write a program for your self. You would be running the program as a platform. No more surplus overthinking.

I have written mine.

 

I am taking directional trades upon exiting consolidation or exceeding the 1.5xDATR+15 pips limit from the last 4h consolidation, preferably away from the 1H LEMA quad.

I may take a reversal trade upon a turn around the 1.5xDATR+15 pips limit, if there are other obstacles present, such as 5% marks or roots.

I may take a reversal upon a re-test of the consolidation range limit if there are other obstacles present, such as 4h overbought/oversold neckline.

I must be conscious about the 4h comfort levels, the state of embedding and the root points.

I exit upon price hitting the 1.5xDATR+15 pips limit –
and may re-enter in the direction upon exceeding the swing materianized by the limit + 10 pips.

 

Long Program
Long entry: 20 pips above 4H consolidation
Add to long: 30 min local deeply OS
Stop loss: middle of consolidation (-20 pips)
Long exit: in consolidation, in gains, 30 min local deeply OB

 

Short Program
Short entry: 20 pips below 4H consolidation
Add to short: 30 min local deeply OB
Stop loss: middle of consolidation (+20 pips)
short exit: in consolidation, in gains, 30 min local deeply OS

 

Cover line is 1.5xDATR+15 pips from open

 

Both Programs:
Consider lightening after the 2nd break of 4H 22-bracket

 

Stage 2 buy / sell – after the 2nd break of 4H 22-bracket

Long Program 2
Long entry: 1H local deeply OS, 1/2 size
Stop loss: -40 pips
Long exit: new higher high

 

Short Program 2
Short entry: 1H local deeply OB, 1/2 size
Stop loss: +40 pips
Short exit: new lower low

There is one more thing: do not sell embedded overbought / do not buy embedded oversold.