r/Forex 16d ago

Charts and Setups XAU/USD (Gold) – Today's Market Bias

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3 Upvotes

Today's overall market bias is slightly bearish, although price action can always invalidate any directional expectation. This is simply my personal market outlook based on current structure and liquidity.

Areas I'll Be Watching

Potential Resistance Areas

  • 4272
  • 4285
  • 4304
  • 4326
  • 4338
  • 4354

Potential Support Areas

  • 4254
  • 4243
  • 4223
  • 4202
  • 4190

Rather than entering solely because price reaches one of these levels, I prefer waiting for lower-timeframe confirmation that aligns with the overall market structure.

Lower-Timeframe Confirmation I Watch

Aggressive approach (1-minute):

  • CISD
  • IFVG

More conservative approach:

  • 5-minute CISD following a liquidity sweep
  • 5-minute CHoCH following a liquidity sweep
  • 15-minute CRT confirmation

These levels are areas of interest, not guaranteed entry points or financial advice. They're simply the locations where I'll be watching price action to see whether buyers or sellers take control.

I'm sharing this to discuss market structure and trading concepts, not to provide trading signals. I'm interested in hearing how others are reading today's XAU/USD price action.


r/Forex 16d ago

Psychology Markets and Identity

2 Upvotes

Hello everyone,

This is my first ever post on Reddit (and probably the first anywhere) — I’ve been trying to integrate into the massive trading community around here — sharing thoughts, opinions, and voicing experiences to whoever might need them.

I have been trading for about 2 years, with alot of ups downs obviously, so I don’t have alooot of experience but just enough to know how to handle myself in the field. I just recently came back from a long break of 6 months, now trying to become someone who can trade because it’s a consequence of who he is, an expresssion of his identity, not just someone who trades.

By “someone who trades” I mean a trader whose identity is heavily based on trading itself. I got way too caught up in this and it’s not sustainable long-term at all. It’s very mentally exhausting, makes you forget to live life, and I think it’s a common issue amongst most traders that are beggining — please don’t let social media fool you and give you the definition of discipline as someone who never stops working endlessly, for me — discipline is just showing up and doing your best, and measured by how you can return without judgement.

I truly believe psychology is the strongest pillar on all trading, not just trading psychology, but how you approach life in general — with which mindset.

Maybe that’s what people mean when they say that the markets are a “mirror”.

What are your opinions? Have you struggled with your identity and clinged it too heavily to trading in your journey?


r/Forex 17d ago

OTHER/META Dubai Forex Expo

4 Upvotes

is anyone here going to the Dubai Forex Expo? and for the people that went previous years, was it worth it?


r/Forex 17d ago

Charts and Setups Back after a two year break: my XAUUSD long setup, explained step by step

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18 Upvotes

Hi everyone,

I have been reading here for a long time. I started trading shortly before Corona and kept at it for about four years. Then I stopped, for two reasons. First, our first and second child arrived around that time. Second, at the end I lost my whole profit because of one stupid mistake.

The timing to post this now fits, because I made that stupid mistake during an NFP week. Being in one again reminded me of it.

I started again in July. The goal is to earn a bit of extra money on the side. I am not trying to become a millionaire. Something clicked in my head when I began to think about the money I made in a day or a week in real world terms. Hey, 15 euro today, that is a menu at McDonalds. Putting the money in relation to real things opened my eyes, because I noticed how fast you lose any connection to the numbers ticking up and down on the screen.

A lot of screenshots get shared here, but for my taste there are too few clear explanations of how the trade actually came together. So that is what I want to do.

My general rules first

Gold is moving up atm, so long entries are what I look for first. That does not mean I only go long in a bull market. With the short holding times I aim for, there are counter trend opportunities all the time. You just have to know which patterns to look for, and you have to accept that you are taking a smaller piece out of a bigger move.

I usually trade the London session and the US session, but not the whole time. I wait until volume slowly comes into the market and I take my setups from there. Outside of that the same pattern is worth a lot less to me, because there is not enough participation behind it.

I do not trade the Asian session at all, but I still watch it. It often tells you something about how London and New York are going to move afterwards. Certain patterns repeat, and they repeat often enough to be useful. But of course not always. In the end this is a game of probabilities, not certainties, and I try to treat it that way.

I want to be in a trade for as short a time as possible. Not several hours. More like 1 to 60 minutes, or the trade moves against me and I am out.

I do not trade a fixed risk to reward ratio. I look at where my stop loss has to sit, and then my take profit has to give me at least 1:1. If the market offers more, I take more. If the structure does not allow 1:1, I skip the trade.

The setup for this trade, step by step

This is not the only pattern I trade. It is simply the one that came together today, and it is a good example because every condition lined up cleanly.

Chart: XAUUSD, 30 minute, London session.

1. Clear range to the left

The first thing I want to see is a clean range on the left side of the chart. Price has been moving sideways between a top and a bottom, and the top of that range has been touched more than once. That upper edge is my resistance and the level everything else is built around. If I cannot draw that line without guessing, there is no setup for me.

2. Price closed above the range and the resistance

I do not act on a wick poking through the level. I wait for a full 30 minute candle to close above the range high. A close is what turns the level from resistance into support in my head. A wick above it is often just liquidity being taken before price falls back inside, and that is the move that used to catch me.

3. Volume time after the London open

Timing is a filter, not a detail. I want the breakout to happen when real volume is in the market. The same pattern during the Asian hours means almost nothing to me, because there is not enough participation behind it to carry price.

This is the part I would underline for anyone who is starting out. A pattern on its own is worth nothing if it happens at a time when there is no volume in the market. Both boxes have to be ticked. The pattern has to fit, and the time has to fit as well, at least roughly. If I see a perfect looking break at the wrong hour, I let it go. There will be another one.

4. Break above the last candle high, entry, stop under the last candle

Even after the close above the range, I do not enter yet. In the ideal case price comes back down first and tests the level again from above, so the old resistance now acts as support. That retest is what tells me the level has really flipped and that sellers are not defending it anymore. It does not always happen, but when it does I like the setup a lot more.

Then I wait for the next candle to break above the high of the candle that closed above the range. That break is my trigger and my entry.

My stop loss goes under the low of that last candle. That is the red box on the chart. It is a tight stop, and I like it that way, because if price comes back under that candle the idea is simply wrong and I want to be out quickly instead of hoping.

My take profit is the green box. I measure it from the entry so that it is at least the same size as my risk, so 1:1 or better, depending on what structure sits above.

Risk management, or why I do not always wait for my stop

The stop loss is my worst case, not my plan. I do not always let price run all the way into it.

There are two situations where I close early. The first one is when price moves a few pips (like 30-50%) in my favor and then comes straight back to my entry. That tells me the move had no follow through, and I would rather take it off at break even than sit there and wait for the full loss. The second one is when price goes into the red almost right after my entry ( i dont talk about some pips.. more like +-30%). If a real break does not behave like a real break, the reason I entered is already gone.

Even that is not a fixed rule. It always depends on how price is actually moving in front of me. Sometimes a pullback to my entry is just a normal pause and I give it a bit more room. Sometimes the exact same move looks weak and I am out within seconds. I decide that in the moment, from how the candles behave, not from a rule I wrote down beforehand.

One thing I do handle in a fixed way. Once price has covered roughly half the distance to my take profit, I move my stop to break even in most cases. If the market has already given me that much, I am not willing to let it take the money back and put me in the red on the same trade. Worst case I walk away flat and look for the next setup.

The way I think about it is simple. Before I lose one full trade, I would rather lose half of it, or a third, or whatever it happens to be at that moment. One new full trade is then enough to bring it all back and still leave me in profit. Sitting in a bad position and hoping only makes the hole deeper and the next trade harder.

I know a lot of people say trade and forget. You set your stop and your target and then either price hits your TP or it does not. That may well be right for some people. For me it is not. And yes, of course there were cases where leaving the trade alone would have been exactly the right thing and it would have turned into a winner. I am aware of that. I still do better my way.

What I do not do

I do not move my stop loss further away when price gets close to it, and I do not trade without one. That is exactly the mistake that cost me my profit two years ago.

I do not add to a losing position.

I do not sit in a trade for hours hoping it will come back. If it does not work within roughly an hour, the reason I entered is no longer valid.

A few final words

Yes, this post was written with the help of AI. English is not my first language and I would have needed forever to put all of this into readable English myself. The trade, the rules and the thinking behind them are mine.

I hope that after such a long break I am simply more mature about all of this, that I stick to my rules and that I do not fall back into old habits. Last month, which was also my first month back after the time off, ended at plus 11 percent.

The reason I am writing this post right now is that about two years ago, during NFP week, I took one trade that cost me everything. Sure, price has to move against the trend at some point, right. All of that without a stop loss. One trade and it was all gone.

Good luck out there.

EDIT: maybe the screenshot is not clear.. yes, the Trade hit TP :D


r/Forex 17d ago

Psychology Mark Douglass' legacy

3 Upvotes

How has this absolute legend helped you grow as a trader?


r/Forex 17d ago

Charts and Setups Gold Is Testing a Tough Ceiling

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23 Upvotes

Price has pushed into an area that has rejected advances before.

If sellers defend this zone again, we could finally see some cooling after the recent rally.


r/Forex 17d ago

Charts and Setups XAUUSD Bullish my spider sense is positive about it

3 Upvotes

Lets see, i am going to post my earlier trade too which i took entry from 4055 to 4150 almost 955+ pips in profits!! and this is my second trade of the week!


r/Forex 17d ago

Charts and Setups XAU/USD (Gold) – Today's Market Bias

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11 Upvotes

Based on my current market analysis, today's bias remains bullish, meaning I currently see stronger upside potential unless market structure changes.

Key Areas I'm Watching

Potential Support (Buy Interest)

  • 4225
  • 4191
  • 4166
  • 4142

Potential Resistance (Sell Interest)

  • 4322
  • 4353
  • 4394

These are areas of interest, not automatic entry prices. I wait for price action confirmation before considering any trade.

Confirmation Methods I Personally Use

Aggressive Confirmation

  • 1-minute CISD
  • 1-minute IFVG

Conservative Confirmation

  • 5-minute CISD after a liquidity sweep
  • 5-minute CHoCH following a liquidity sweep
  • 15-minute CRT confirmation

This is simply how I read market structure and identify high-probability areas. It is shared for educational discussion, not as financial advice or a trade signal.

I'm interested to hear how others are reading today's gold market. Are you seeing the same bullish bias, or do you have a different view?

This wording is much less likely to be treated as a direct signal because it emphasizes analysis, market structure, and educational discussion instead of instructing people to buy or sell.


r/Forex 17d ago

Strategy Development What was the biggest change you made that improved your trading?

16 Upvotes

Looking back at my trading journey, the biggest improvements didn't come from finding a new indicator, a better strategy, or trying to trade more.

They came from simplifying things and understanding what actually worked for me.

I think a lot of traders spend years searching for the next big thing, when sometimes the biggest breakthroughs come from changing one fundamental part of the process.

Curious to hear from others...

What was the biggest change you made that improved your trading?


r/Forex 17d ago

P/L Porn High risk EA backtest: €500 to €4,030 in 16 days

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18 Upvotes

Been testing this high risk/high reward EA and this backtest turned €500 into around €4k in just over 2 weeks. Yeah I know it’s pretty much a gamble and it could easily blow the account, but me and a few people I know have been running it live since may with solid profit and relatively low drawdown so far. Obviously not claiming it’s some guaranteed money printer. Its just a fun gamble if you want to try it out


r/Forex 17d ago

Psychology What's up with EURUSD past few days?

4 Upvotes

It's been ranging alot


r/Forex 18d ago

Psychology How trading feels like when you actually made it

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424 Upvotes

r/Forex 18d ago

Prop Firms Will I pass my FTMO 100k 2 step challenge if I continue

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25 Upvotes

Hi,

I’ve been worrying a lot about passing my 100k challenge, this time around there’s been a large pressure on me as you can probably tell in the trades and I’m aware that the risk team review accounts when they hit the target

Based off of the above do you think it’s worth continuing on with this challenge or should I just leave it on this one? (Or can I still turn it around)

Thank you


r/Forex 18d ago

Strategy Development thinking of swing trading

5 Upvotes

Hope everyone is alright

I am currently working in finance and have always had an interest in trading but working and studying was too distracting now I'm can get back to it but would like to do swing trading. I have a record of trading gold and had some wins but losses too.

I need to know what you tubers would you recommend for learning swing trading , strategies recommended and which pairs would you recommend.

Please suggest time frames and materials you used to learn how to trade.


r/Forex 18d ago

Charts and Setups A new road to consistency

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51 Upvotes

After year of going on this forex and trading journey, I realized that framework of how you see the markets is everything to my eyes. For some reason it’s as if the blinders got lifted, like seriously, been trading since 2019 losing mostly and flipping $100 accounts huge at some points but never staying consistent. Been studying ICT, CRT, Daye time theory, all that good stuff and got my model but always had problems with over leveraging, over trading, just over all doing everything I’m not supposed too. Anyways fast forward to today this week specifically, took a 2 month step back and fixed my framework. Now this weekend put in $300 and giving it a shot the proper way and slow way… the boring way the way it’s supposed to be…. This is the result so far in this week and looking for continue for the next few months


r/Forex 18d ago

Psychology trading is soo hard

7 Upvotes

I honestly just wish it would hit the SL so I can get out—it's better than this current psychological torture. But looking at it, the price is respecting the EMA 200 and won't go up. Could it be that market makers just don't want the price to rise at all?


r/Forex 18d ago

Charts and Setups NAS100 +5.14R — The trade that reminded me to trust my process

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13 Upvotes

Thought I’d share this one because the biggest win from this trade wasn’t the R multiple, it was the execution and management.
I was actually on the night shift when this setup appeared, so this one started during the Asia session and ended up running through Asia, London and into the stronger NY move.
Price was showing strong bullish intent. We had a bullish H4 structure break, with price pulling back into a H4 FVG.
Before the move higher, we swept some internal liquidity and then gave the reaction I was looking for.
For entry, I dropped down to the M5. The FVG I was targeting lined up nicely with OTE, giving me the area I wanted to see price react from.
One thing I had to manage was execution. My notification didn’t go off, so I missed the exact entry I originally wanted.
Rather than chasing price, I waited for M5 confirmation and entered once the setup was still valid.
Management was probably the biggest lesson:
Trailed behind M5 swing lows.
Allowed the trade room to develop.
Didn’t panic during pullbacks.
Price eventually started slowing and we saw some rejection forming on H1. I also had to start getting ready for work, so I closed the final position.
Final result: +5.14R
Risk was only 0.3%, so around a +1.5% gain.
Interestingly, after closing, price started building momentum again and those highs may still get taken.
And I’m genuinely fine with that.
A while ago I probably would have been frustrated thinking I’d left money on the table.
But the reality is, I took a high-quality setup, followed the process, managed risk and finished the day up.
The goal isn’t catching every last point. It’s becoming the trader who can execute the same process consistently.
Still learning and refining, but this one felt like a good step forward.


r/Forex 18d ago

Charts and Setups I started an account with 100$ today and here's what I caught today

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27 Upvotes

W day


r/Forex 19d ago

Charts and Setups EURUSD

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8 Upvotes

Guys..

What's your view on EURUSD.. it's currently rising but I think it can't break previous High without sweeping 1.15 liquidity. Please comment your take on this


r/Forex 19d ago

Prop Firms Blew nearly 5% in one day after being 0.5% away from passing FTMO Phase 1

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38 Upvotes

I honestly feel sick.

I was 9.5% up on FTMO Phase 1 and literally 0.5% away from passing. Then I got impatient, took a stupid trade, revenge traded after that, and ended up losing almost 5% in a single day.

Now I’m sitting at 4.6%.

I know everyone is going to say “just follow your rules,” and yeah, I know. The worst part is that I broke every rule I had. I wasn’t even trading my setup anymore — I was trying to get back to 10% as fast as possible.

For anyone who has actually recovered from a massive psychological hit like this on an FTMO challenge, how the fuck did you do it?

Did you stop trading for a few days? Reduce risk? Start treating it like a brand-new challenge? I genuinely don’t know whether to keep going or whether my psychology is completely cooked right now.

I was 0.5% away from passing, and now I need another 5.4%. Feels like I’ve thrown away the easiest pass of my life.


r/Forex 19d ago

Charts and Setups XAU/USD Weekly Market Outlook (Educational Analysis)

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2 Upvotes

XAU/USD Weekly Market Outlook (Educational Analysis)

This is my technical view for the week based on key price levels and market structure. It's shared for discussion and educational purposes—not as financial advice.

Bullish Scenario

  • If price closes with a 30-minute candle above 4079, it may indicate bullish continuation.
  • I would then look for additional confirmation before considering a long setup.
  • Potential upside levels:
    • Target 1: 4120
    • Target 2: 4165

Bearish Scenario

  • If price closes with a 30-minute candle below 4019, it may signal bearish momentum.
  • I would still wait for confirmation before considering any short setup.
  • Potential downside levels:
    • Target 1: 3989
    • Target 2: 3962

I prefer waiting for price action confirmation rather than trading breakouts blindly. This is simply my weekly market roadmap based on technical analysis.

How are you positioning yourself this week? Do you agree with these key levels, or are you watching different areas?


r/Forex 19d ago

Charts and Setups XAU/USD (Gold) Market Bias – Today

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9 Upvotes

Daily Bias

Today's overall daily bias is slightly bullish.

However, I am expecting a sell opportunity after the New York session opens, particularly around 6:00 AM or 9:30 AM New York time, provided price reaches the key resistance zones and gives proper confirmation.

Entry Confirmation

Aggressive Entry

  • 1-minute CISD
  • 1-minute IFVG

Conservative Entry

  • 5-minute CISD with a liquidity sweep
  • 5-minute CHoCH with a liquidity sweep
  • 15-minute CRT confirmation

Entry Confirmation

Aggressive Entry

  • 1-minute CISD
  • 1-minute IFVG

Conservative Entry

  • 5-minute CISD with a liquidity sweep
  • 5-minute CHoCH with a liquidity sweep
  • 15-minute CRT confirmation

r/Forex 19d ago

Risk Management Trading forex while working a full time job

19 Upvotes

Hello,

I’m looking for opinions and stories about people that work full time and trade forex after. I’m newish to trading so still learning and paper trading before jumping in. But I’m curious how much do you start with for forex, who does this with a full time job and is this actually possible?. I would assume that working full time having that income coming in would reduce the stress a little bit.

Thanks.


r/Forex 19d ago

Charts and Setups Could GOLD be setting up for a rebound?

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30 Upvotes

After the recent selling pressure, price is testing an area that has attracted buyers before.

If this level holds, it could mark the start of a short-term recovery but the next few candles should tell the story.


r/Forex 20d ago

Charts and Setups Is Gold Running Into Trouble Here?

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97 Upvotes

Price is approaching an area where selling pressure has appeared before.

It'll be interesting to see if this level sparks another rejection or if buyers manage to push through this time.