Trading On Tilt?

After a rough trading month in January, I admittedly have been a bit more reckless in February. The whipsaws in the FX market persisted in the following month. In my equity graph, I was hovering around even until this week.

With the fear of missing out creeping in, I took some less optimal setups and that cost me. To expand on this, there are two key points:

No, I didn't trade recklessly. I did not force any trades. I simply saw good plays, but I executed them poorly. Below will be a trade review which requires me to further optimize my entry criteria.
The fear of missing out is mostly seeing gains in other asset classes. It's crazy to see how equities are in a uptrend while currencies are chaotically spiking in spectacular fashion. I guess this is one of the cons of not trading asymmetric price movements. However, I do plan on sticking this out.

Moving one of the trades that I took, the EURAUD chart is attached below.

EURAUD 4-Hour

1.569 was the key level that price broke below. After holding below this level, we're seeing selling pressure accumulate. After the initial down-move away from this level, price held steady slowly drifted higher. In this case, we're not seeing volume pushing the price to the upside.

My entry was sub-optimal as I picked a point where price there was a slightly higher upper tail. Not only that, my stop loss placement was also rather arbitrary. If we hopped over to a lower time frame, there was no "history" indicating the presence of selling pressure. Breaking this down into a few key components below.

Entry:

Not optimized.
I should've jumped down to a lower time frame to confirm that pull back to the upside has weakened. Once we see this, we can expect a continuation movement to the downside.
To be honest, this isn't the first time I've arbitrarily placed a limit order on a pullback. I really need to be conscious that the placement of my limit does not necessarily equate to where the counter-move will end. This requires observation.

Management:

This is one of the trades where I doubled my risk. Rather than risking $100, I put up $200. This isn't necessarily "wrong" as I do believe in increasing the size for structural moves observed on the higher time frames. A wider stop is usually required for these structural moves as the signals are generated on higher time frames.
Increasing this size was problematic. Specifically, the reason to increase this size was incorrect. Rather than making this a structural play, which would also require a wider stop loss, I decided to increase size due to greed. I wanted this trade to payout and to payout bigger than usual.

Exit:

I've already covered this so I'll keep this brief. The stop loss placement was super weird. It wasn't at any specific point of control. If I were to treat this as a structural move, my stop loss would've been above the 1.57 level.

Small setback, but I will continue to be patient and only focus on taking the highest quality of trades. In other words, the Wagyu of trades.