'they' say, luck doesn't come into it. with a solid plan and discipline, luck should not be part of the equation. Normally, I'd tend to agree but this week, luck has been the factor for me and not in my favour.

Of course... are there times when I just didn't realise my luck (thanks Slevin!) but atm, can't say I'm happy about things.

There have been 3 pivotal points this week.

Firstly, in order to tighten my reigns on risk, I have a 4-loss-run 'rule' which...

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FMI - content!

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EOW chart. GBPJPY.

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EOW chart. GBPJPY.

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When it comes to the markets, I am a firm believer of 3 things.

1: Support and resistance
2: Trends
3: Each moment is unique and should be treated as such

The problem is, I cannot practise what I preach.

Up until a month ago, I used S/R on the 240m charts and it worked well... It worked well for some time and thus, I really felt confident in my view of the market and fullfilled my 3 rules.

On the huge drop, I misdrew the important levels...

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