R-1.0: some Guide issues to address

UPDATE: Sam Seiden just published this article which is quite appropriate to this post, 

http://lessons.tradingacademy.com/article/candles-or-white-space-where-is-your-focus/?elq=0b658b8a3dce444e85c189409588f25c&elqCampaignId=1848

........

Issues

1. Fault not being aware of new trend / highs and lows x 3
2. Fault not being aware of PA (SS, Y Hi test) x 2
3. fault not trading off S/R

Fixes...

1. Start labelling Highs and Lows (HH/LH and LL/HL)
2. Start labelling potentially stectchy PA (SS/HM/Hi Waves/ Tests)
3. Only take trades off S/R!

EJ Obs: was right to initially look for Range trades, despite the trend being up with so much R "A" would have made a good short.  However when price made a LL-LH,  should have been waiting for a RL to get short (B). Fault not being aware of highs and lows.

EU Obs: initially planning to trade range was correct as there was no trend. However trade "A" was not going to be great as it was straight into a SS tail. However when Price made a LL-LH I should have been looking to short on a RL "B". Fault not being aware of SS or Highs and Lows.

GU Trade: Trend was clearly up so looking to get long was the right idea. However buying before price reached S and just after a test of Yesterday's High "1" was not a well planned trade. Taking trade "A" a few bars later long into Y Hi was had a much better chance. Fault Price not at S and having just tested Y Hi meant I was buying with weak hands: a bull trap.

UJ Obs: Trend was initially hard to identify flirting with shorting "A" was not a bad idea as it was at Y Mp and arguably some usable R. However once price made a HH-HL I should have been looking to get long on a PB "B". Fault not aware of Highs and Lows.