r/Forex • u/FuckingRengar • 1d ago

Charts and Setups read caption (not my pic)

Post image

Been trading since august last year now but I’ve been watching vids to trading for like 2-3 years by learning different confluences and the meaning of those.

Had a few winning trades but most of the time I’ve been losing. My biggest issue is:

1.Creating my own strategy:

Been learning most of the stuff from ICT or pattern trading since that was the first thing I’ve started with when I found out about trading. But when I see videos of other people using different confluences it feels like learning the ICT concepts such as FVG, OB, IFVG and all the other stuff is like 1% of the things I can learn which make it hard to create my own strategy since I see many people use different confluences. as example seeing stuff like “ryze zones”,“bookmap” or all the other stuff.

2.Finding a good entry:

Liquidity is one thing. the other is how a market reacts. I suck at both lol. I never know how a market has to react or how it has to look like for me to know “alright thats a good reaction” if yall get what I mean. What does the market have to do for me to catch those “god trades” such as the one in the pic as example?

Hope you guys understand what I’m talking about even with my broken english. geniunely want to know how this stuff works. I’m a guy that isn’t interested in literally anything. Trading is something I can say I’m interested in something for the first time. It’s not just about the money for me but about understanding how all of this works.

Some tips or help would be appreciated.

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u/Chrvz 18h ago

Ditch your trust in ICT stuff and all that crap. Seriously. It's so important to understand that 99% of the stuff on YouTube is complete garbage. I can't stress this enough — watching YouTube videos isn’t gonna get you far. Trading is a money pit for scammers preying on newbies.

Finding your own edge comes from spending time on the charts. A LOT of time. It’s not about finding some holy grail in a video. That’s a lie everyone sells.

Psychology and risk management are like 80% of the game. No joke. The technical side is important, but you could have the best strategy in the world and still blow your account if you don’t have discipline or risk control.

Trading profitably isn’t about catching “god trades.” Those dudes on social media flexing 1:10 trades? Most of them aren’t even profitable over the long term. They just post wins for clout.

You gotta find an edge that fits you — your psychology, your way of viewing the market. ICT as an example could work for you. There are traders that make it work, but it's highly subjective, and no concept is the holy grail. Then practice executing that edge over and over in the live markets.

I can only speak for what works for me: it’s a mix of market structure (swing structure, internal structure, fractals), premium/discount zones, orderflow, and liquidity. That gives me a ~35% winrate with around a 1:2.5 R:R on average.

The process is simple but not easy:

  1. Find your edge

  2. Backtest it

  3. Forward test it in demo

  4. If it's solid, go live with a small account and get used to execution under pressure.

No magic. Just time, effort, and consistency.