EURUSD So where's my set up? No matter where I enter this market despite all my analysis the market goes against me. I think it is more a case of who you know and not what you know!!! Maybe my entries into the market are being monitored. It sucks!!!
When a farmer plants the same seed on the same field year after year and nothing grows he should re-eavaluate his farming methods, change the seed, change the field or do both because doing the same thing over and over again expecting different results is foolish.
Maybe it's time for you to re-evaluate your trading methods, take a brake, declutter your charts, look at its nakedness and see what's going on. Sometimes less is more. To try guide the market your way it's unlikely to happen. No matter how many lines you draw, the market will break it or bounce off it. The market will play with you and laugh at you each time you try and you'll go insane before you know it. The market is a Beast, he has no respect for you, he wants to see you suffering, he wants your blood. In a moment he will give you the feeling of winning and in another will rip your heart without pity.
If you wanna win, stop and observe it from a distance. Look at the big picture - Daily, Weekly and Monthly time frames. Lower than that and you are at his mercy. Do nothing for a while, just observe it. Study it without emotions. Remember emotions are your worst enemy. Don't try to understand it because there's nothing to understand. Nothing makes sense. So clear your mind from old thoughts, let it aerate and let new and clean thoughts in. He is naked now, he cannot hide behind the lines. You are seeing it's nakedness. He looks ridiculously stupid with it's moves up and down. Wait do not go in just yet. Laugh at it turn your back to it, walk outside and go enjoy life. Take your time do not rush back in. Without you he is nothing.
Go back when you master your emotions and you have a solid strategy.
Keep in mind the first 50 years are the worst, then it's easy!