There is one thing that quite separates a beginner trader from an experienced one:

The beginner sees a strong candle and thinks:
“I'm missing out.”
The experienced trader thinks:
“How much movement does it really have left?”
Here's an interesting fact I got from @edgeful.
In EUR/USD, over the past few months, 98.44% of days have closed within a 1% range of their daily open.
Let me put it into perspective:
The euro doesn't usually make crazy moves every day.
The vast majority of the time, the daily range is limited.
That's why, when the price has already moved far from the open, the question shouldn't be:
“How do I enter?”
But:
“Am I arriving late?”
You could avoid many losses by knowing when the daily move has already been made.