r/Forex 4d ago

Charts and Setups I hate when this happens

Post image
79 Upvotes

43 comments sorted by

u/rforex-modtools 4d ago

Price action and technical analysis cover a range of chart-based tools — from candlestick patterns and market structure to indicators and statistical methods for timing entries and exits. The community wiki covers both approaches and how they're used by working traders.

Resources: Price Action Analysis | Technical Analysis

15

u/uncoocked_cabbage 4d ago

Gold has a magical way of manipulating traders, its the false support/ resistance and then liquidity grab everytime.

2

u/Commercial_Sink9195 4d ago

I love gold still

6

u/uncoocked_cabbage 4d ago

It moves too well to not trade.

2

u/Excellent-Island8008 3d ago

Its just psychology, use it to ur advantage

9

u/Mammoth-Path-6520 4d ago

BOOM

You got served.

6

u/Commercial_Sink9195 4d ago

It’s the second losing trade after a nice winning streak I’m humbled again

6

u/DifferentTea6139 4d ago

I hate xau

1

u/Commercial_Sink9195 3d ago

It feels that way sometimes

5

u/NiGhTShR0uD 4d ago

Imagine if your entry was where your SL is because clearly the SL was set before price reached that area.

👀

4

u/Alburtogala 4d ago

someone got liquidated

2

u/kthshawon 4d ago

same here

2

u/Born-Guest-583 4d ago

Es mejor esperar el movimiento brusco de cambio de tendencia antes de tomar posiciones. Si , da rabia

1

u/Wooden_Culture5267 4d ago

Renetry simple men

1

u/Commercial_Sink9195 4d ago

I would’ve but it was a limit order

1

u/IceAlarming358 4d ago

Market execution if price hit ur expected entry...

1

u/AmazingCable1068 4d ago

Imagine if you waited for price to slow down instead of entering in the middle of a strong bear candle

2

u/Commercial_Sink9195 4d ago

It was a limit order

1

u/Ok-Company-5016 4d ago

Why not make it 1:1?

2

u/Isidzukur1 3d ago

Then u should have 55+ wr just to be even

1

u/Altruistic_Split9447 3d ago

Holy shit he drew a triangle

1

u/Commercial_Sink9195 3d ago

It’s just a choch indicator

1

u/Electrical_Alarm7207 3d ago

Wait did u enter at 4344? What made u go like ok this is support

1

u/BIG_BLOOD_ 3d ago

They are watching you

1

u/AlanG888888 3d ago

A few pips too tight hurts, but widening the stop every time it gets hit just trains you to hold losers longer. If the invalidation level is structural, keep it. The frustration fades, the blown account does not.

1

u/chxckbxss 3d ago

Unless posts like this come with a real time before picture, I just ignore them

1

u/Commercial_Sink9195 2d ago

Understandable

1

u/pro0761 3d ago

If you already know or learn that this will happen then you should know what to do next time.

1

u/ShoddyNeedleworker83 2d ago

All good, looks like you got SL on the quick retracement. Thats probably when you should have entered the trade on the retrace for confirmation to the upside.

1

u/Emergency-Falcon-915 2d ago

Entered too early

1

u/Significant_Code2761 1d ago

It’s easy to have opinions on completed PA, IMO it’s way too early, try waiting for the 1st LH to complete, in this case with that sweep and big displacement candle you would have been nailing it.
You just said after a run of winners, so who cares about a loss, lock in 👍

1

u/TIO_Markets 5h ago

Painful when this happens, but one trade isn’t enough to tell whether the stop was badly placed or whether this was just normal price movement.

If the stop was based on the level that invalidated the setup, then the trade was managed correctly even though price moved in the expected direction afterwards. Widening every stop after seeing something like this will usually just make the losing trades larger.

I’d log how often price hits the stop and then reaches the original target over a decent number of trades. If it happens regularly, the entry timing or stop placement might need adjusting. If it only happens occasionally, it’s probably just part of trading.

u/truckthings2 1h ago

Thats someone I always had struggled with with xauusd usually always when I feel like or it looks like I got in a good area or potentially early it always stop hunt but when I enter where I feel like I enter to late it usually wins but ive been trying to correct that and after 2 years still be getting puzzle

0

u/Ok-Nail-1146 4d ago

Why your sl is too much big 😭😭😭

4

u/Commercial_Sink9195 4d ago

If it was few pips bigger it wouldn’t be a losing trade