Guys, thanks for your thoughts. I think what I have learned from this is that I need to test things before implementing them no matter how good they sound in a book. Anyway, I thought I'd show you the other side of the coin and the necessity to be consistent. I took a very similar trade on the ES today where I was fading
VAH, and a mid-pivot. I only fade mid-pivots when the distance between pivots is large, which today they were.
Anyway, my sell limit got filled at the top of a trading range, and then the market sat there for over an hour doing nothing. I should have got out according to the time-stop within 20-30 mins, but I decided this time to leave the trade to run its course. Of course, this time I got stopped out by buying the high of the day. Great.
So, the moral is, test, test, test.
