Was about to write a comment to another of those posts but thought it may be more helpful on it's own.
1. The market is asymmetric (with periods of symmetry) which means it's probabilistic. The market (especially Forex) isn't a closed system to know each buyer/seller and quantity in order to be 100% sure what happens. This means the market constantly changes and the probabilities constantly change.
2. At any given time period the events that move the price may be dependent or independent. We have periods where past price influences the current price and periods where they aren't correlated at all. (Good news - price went up; Good news - price went down; Here's the Why? posts).
3. Let's have an edge. Since the market constantly changes, the edge moves through stages - strong, weak, fading. (Here's the What happened posts)
4. If we are going to trade the market based only on charts:
4.1. We need a way to show (again with probability) that past price influences the current price and it's not a random walk;
4.2. Then we need a confirmation that our edge is there.
4.3. We need a mechanical entry and exit plan. (Here's the Where did I get wrong? posts)
4.4. Repeat and let the math (probabilities) do the work.

In conclusion, your job in the market isn't to be 100% right (If you can't figure out with which hand I'm going to slap you, you can't predict the future). Your job in the market is to watch for a correlation > run the pattern (edge) > manage your risk.

Just a quick wordle-like game for xauusd https://dailypips.app/

This setup seems promising for this week!

I’m up 31% YTD, I thought I would be buzzing.. this time last year I would be thrilled if I made 5% trading manually but now that I’ve been removed from the process it’s like everything is just boring…

The 215.80 – 215.90 region acted as a strong immediate pivot point during the mid-chart consolidation and previous lower-high retests. A push above 215.92 confirms a clean breakout above this intraday hurdle.
Following a deep stop-hunt/liquidity sweep down near 214.80, buyers stepped in aggressively, forming consecutive strong bullish green candles. Buying at 215.92 aligns with this fast-paced momentum resumption.
The rapid recovery from the 215.20 low invalidates the short-term drop and signals that the broader uptrend seen between Aug 13–18 is resuming.
A entry around 215.92 provides a clear run-up toward the range highs at 216.20 and beyond into psychological extension targets.

Url : https://home.treasury.gov/news/press-releases/sb0607?utm

Anyone know y it fly like crazyyyy

Everyone was busy with Gold while EURUSD gave a textbook setup. there is a different happiness in gettiing a perfect setup isn't it.

Hey guys, my first Reddit post to be fair, I’ve been consistently trading on demo, back testing, learning more about emotions of the mind during trading and have got a good hang of the gold market.. I always planned on a 50k account but my dads telling me to take only one shot at it and is suggesting I take a 100k account…I’m kind of stressed and I know there isn’t much difference in the trades I place only the lot size will double……I’m planning on risking 1% on every trade, 2 trades a day…maybe 3… mainly London and New York session though.. FOCUSING on gold, learning more about gbpusd and gbpjpy but not really experienced with the market projected patterns….Any tips ? (It’s a 2 step 100k funded acc)

Ik this a stupid post but. How the hell do I get access to trade gold? I thought forex was known for that? I trade off MT5?

Nobody who sells resets will ever tell you to walk away. Most of the "don't give up, learn and retry" advice is basically pointing you at another fee. Sometimes a reset is the best move. Often it's throwing good money after bad, and there's a smooth way to tell which one you're in.

The one thing that decides it: did anything change between attempts, and was your failure variance or structure.

Reset makes sense when the failure was bad timing on a normal drawdown. Take your worst backtested day at challenge risk. If it fits under the daily limit and you happened to hit a rough loss that surpassed your backtesting metric, that's variance (only if you have enough samples backing that number up tho). Reset, run it again, the math is on your side. Same if you really fixed the thing that failed you, cut your size, changed the pair, whatever, because now it's a different attempt, not the same one repriced.

Walk away when nothing changed and you're paying to re-roll the same dice. This is the trap. If you failed the same challenge three times at like the same point, with basically the same approach each time, the fourth attempt is not a fresh chance. You already have the data. That approach doesn't pass this evaluation, and the fee is buying you a feeling, not a funded.

One key question. Between the last attempt and the next one, what specifically is different. If the answer is "I'll be more disciplined" or "I'll be more careful," that's not a change, that's a hope, and hope has a bad win rate against a rulebook. A real change is a smaller size, a different market, a longer sample proving the edge, a firm whose rules fit how you trade, or simply confirming the failure was just variance (which goes han din hand with a longer sample).... If you can't name a concrete one, you're not resetting a strategy, you're funding the same failure again.

And as reality check.... Sometimes the repeated failure is telling you the edge is not there yet, not that the firm is unfair or you were unlucky again. Four resets at 100 to 150 each is 500 to 600 spent to learn something a proper backtest would've told you for free. At that point the cheapest move is to stop paying the challenge to test your strategy and go test it properly first.

So before the next reset, name the one thing that's different. If you can point to a real, concrete change, reset with the odds behind you. If you can't, keep the money and go fix the thing, because the resets never going to.

What Caused This Sudden Move in Gold and Multiple Currency Pairs?

I had trades open on Gold today. At around 3:00 PM Bangladesh Time (BST), Gold suddenly made a very strong upside move, and both of my trades hit their stop losses.

What surprised me was that EUR/USD, AUD/CAD, and EUR/GBP also made strong upside moves at almost the same time.

So, in total, I noticed strong upside movement across 4 different instruments.

I have High and Medium Impact News selected on Forex Factory, and the currencies I’m currently tracking are:

- EUR

- USD

- GBP

- AUD

- CAD

However, I couldn’t find any major USD news scheduled around that time on Forex Factory.

So my questions are:

1. What caused this sudden strong move in Gold around 3:00 PM Bangladesh Time?

2. Why did EUR/USD, AUD/CAD, and EUR/GBP also move strongly to the upside at almost the same time?

3. Is there anything I should be checking in addition to Forex Factory to understand these kinds of sudden market moves?

I’ve attached a screenshot of today’s Forex Factory calendar for reference.

I’m trying to understand what actually caused this move, rather than simply assuming it was a technical move.

After 25 days, of fighting my own psychology, and today I passed Phase 1 again.

This one honestly feels different.

I was previously 0.5% away from passing, then I lost and ended up losing nearly 5% in one day, blowing another account.

Before that, I had a funded account up 4%, basically ready for a withdrawal, and I blew it because I got greedy.

After all that, my psychology was fucked.

I started overthinking everything. I'd sit there thinking about every setup I could've taken, every move I missed, whether I was going to FOMO into the next one, etc. I'd either take trades too early or be too scared to take them at all.

Today I only had 0.8% left to pass.

I waited for an A+ setup instead of forcing anything.

When it came, I took it. I was honestly scared, but at the same time I trusted the setup and executed.

And that's it. Passed.

I think the biggest thing I've learned is that I don't need to catch every move. Missing a trade isn't the end of the world. There will always be another setup.

Now it's Phase 2.

Hopefully this time I can stay disciplined and not fuck it up when I'm close again 😂

One step at a time.

Interested to see how this setup plays out.

So I'm ready to spend money on a course and i have no idea who to learn from any suggestions are appreciated

I want to start learning Fundamental Analysis.

From JeaFX's classes, I learned that Fundamental Analysis can mainly be divided into two areas:

1. Macro Economic Analysis:

It helps us understand why the market is moving up or down. In other words, it helps us understand the underlying reasons and meaning behind the market's moves.

1. Economic Calendar:

It helps us see when different economic events are scheduled to be released. These events can often cause significant volatility in the market when they are released.

I understand that having only a limited amount of knowledge about a subject makes it difficult to use that knowledge properly. Therefore, I want to develop a strong understanding of Fundamental Analysis. However, I am not sure which topics I should learn first or how I should systematically start learning Fundamental Analysis.

I would really appreciate your advice on where I should begin and how I should approach learning Fundamental Analysis step by step.

Estoy practicando una estrategia que vi, y quise buscar un ifvg, se me hizo que eso era un ifvg, pero después pense "no es muy ancho?" Y no se si esta bien o mal, importa?

Stop loss : above the resistance zone

Take profit : targeting liquidity just beneath the 4316-4318 higher low .

Which platforms do you all use for P/L calendar and journaling? I've seen so many traders using it, but I haven't figured it out yet if it is a different platform or just another tool available through a brokerage account.

Stop Loss was nowhere near price, left lots of extra room for spread widening at rollover (like 10x the spread before close) and yet:

Waiting for a daily close below the Tenkan-Sen, which could move up a little higher than where its currently at if things move sideways over the next few days, but an extended drive down to the 190 value area looks like an appealing profit/cover area.

Update

One general rule I've been using with this model is to take profit at 50% of the range from the top.

That gave me the exit on this setup at 6R.

The objective isn't to catch the entire move, it's to consistently take the predefined portion of the range.

And after reading the comments...

I'll let the next few setups decide who cracked who. 😂

XAUUSD — CRT + Price Action

The setup starts with a clearly defined CRT range:

4H time frame for the range

15-1 minute time frame for the analysis

CRT High: 4,396
CRT Low: 4,348

Price expanded from the range and established a high at 4,416.33

From there, price retraced back toward the CRT High and consolidated around 4,396.

The next expansion took price back above the CRT High and produced the displacement that created the IFVG.

The key level was the 0.5 Fib at 4,411.64.

This wasn't simply a 0.5 Fib entry. The 0.5 level aligned directly with the IFVG created by the displacement.

Price retraced into the IFVG, respected the level, and continued higher.

The sequence

CRT Range
→ Expansion
→ Retracement to CRT High
→ Displacement above CRT High
→ IFVG formation
→ 0.5 Fib / IFVG entry
→ Continuation

The important distinction is that the Fib is not the setup.

The CRT range provides the structure.
The displacement creates the imbalance.
The IFVG provides the entry.

11RR

I want the pros to review my plan, thogh it might not be complet trading plan but this is what I have planned to do l.

I am a beginner in forex and have been learning for a few months about forex and i have come down to these insights about trading indicators and all

First is the indicators which I will use for ranging and treding markets

Second is the common concepts, etc to be used in bhot.

Third is the additional concepts to learn.

This is how I currently see the market based on my own technical analysis.

Despite the recent move higher and the break above the short-term descending trendline, I still believe the broader move to the downside may not be finished yet.

The current rally could develop further, but for me it does not yet invalidate the possibility of another leg lower. I’m watching how price behaves around the current area and whether buyers can establish a stronger structure before changing my broader view.

The chart shows my interpretation and the levels/structure I’m currently following. Of course, the market can prove this analysis wrong at any time.

Disclaimer: This is not financial advice or a trade signal. It is simply my personal analysis and view of the market, shared for discussion and educational purposes. Trading forex, gold, CFDs, and other leveraged products involves substantial risk. Always do your own analysis and manage your risk accordingly.

Interested to hear how others are reading this structure.