Finding your own bar to place a trade.
How do you know the correct time to enter the market?
For me, it's a 'feeling of 'inner peace'. Which I can only get, first of all by understanding the fundamental cause of any market moves in the first place. Then having the confidence the move is likely to continue (does the narrative align with the underlying fundamentals of a currency or the risk environment?).
From there, unfortunately, there isn't a specific metric I can give, it's a case of human feeling. Which each individual has to obtain for themselves. My feeling come from being convinced it's a decision I would still make, regardless of the outcome.
Ultimately, I think it comes down to where you can place a stop loss. In general, I prefer 'a cluster' of 1hr support. But there are occasions when a 5min or 15min swing will suffice if a 'fresh catalyst' has occurred. Sometimes I might feel confident with no swing at all to 'hide behind'.
It all depends on your feeling 'in the moment'. And it's not just the trades you take, it's every decision you make....