Which one are you? https://www.vocabulary.com/articles/chooseyourwords/objective-subjective/ Imagine for a moment that you call a short-term top in EUR/USD based on your current assessment. How do you know for sure that it wasn't something else which caused the top? Something you hadn't considered or have maybe never considered? Could it be possible that even though you called the trade, it wasn't for the reasons you thought? You will likely say that it doesn't matter because I profited! But...what about over a 6 month, 12 month or an even longer span of time? To be long-term profitable, you need to be objective. The trader who is objective will take your money. I'll give you an example of both: Subjective: The 4 hour chart gives the best entry signals for swing trading. Objective: The 4 hour chart is a chart based on fluid price broken into 4 hour intervals. And another... Subjective: Multi time frame trading produces the best results. Objective: Multi-time frame trading is based upon analysing price on various time frames. One more... Subjective: I do not need to consider fiscal or monetary policy because it is traded into the price. Considering price alone is enough. Objective: Fiscal and monetary policy influence price on a forward basis.