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Here's the updated translation with your revised example:
How much does what happened before really matter? I sometimes catch myself seeing price move up, for example, but looking left I see resistance and support levels, and I feel like it's only temporary, that price will stop and continue back down. So I wait to get in on a sell. I wait, and wait, and wait — but price keeps going up. The context of the previous candles almost forces me to wait for some particular trade setup instead. When I realize I'm probably wrong, the thought creeps in that "well, I've already missed so much of the trend, so it's probably about to reverse or stall now" — and I lose perspective.
How much does context actually matter? How many candles back should I be considering? How much does context matter specifically at the London open or the NY open? I know Al says in the course that at the open, what's happening right at the open is more important. But he also says context is more important than the signal bar. The context has to make sense.
At the London or New York open, do the previous 20-50-100 bars say something, do they give context? How much weight should that carry, and how should I be looking at it? Al says that at the open it's worth looking for patterns like wedges, double bottoms or double tops, reversals, etc. But sometimes these patterns don't seem to fit the context. I'm a bit confused about all this. I'd be very grateful for any guidance for a determined price action student.
Kris