Less Trades, More Precision – A Clean Price Action Forex Approach

I’ve been trading Forex for quite some time — and like most traders, I struggled.
Overtrading.
Entering too early.
Forcing trades that weren’t really there.
Sound familiar?
At some point I realized something simple:
The problem wasn’t the market — it was my approach.
So I stripped everything down.
No indicators.
No predictions.
No “hope” trades.
Just clean Price Action and one principle:
I only trade when the market shows a clear reason.
That means:

1. Fewer trades
2. More patience
3. Better timing

And yes — it changed everything.
I’m not here to sell anything.
I’m not claiming perfection.
I’m here to document what I see, how I think, and how I execute.
Some trades will win.
Some will lose.
But every trade will have a clear reason behind it.
If you’re tired of forcing trades…
If you feel like you’re always “a bit early”…
If you want a cleaner, more focused approach —
You’re welcome to follow along.
I’ll be posting charts, setups, and real-time decisions.
Let’s see where this goes.

Real-Time Example – Waiting for the Reaction (XAUUSD)
Attached chart: Daily + H4 + H1
Price is currently sitting around a key level: 4550–4600
On the higher timeframe (Daily), this area previously acted as support.
Price broke below it — and now it’s coming back from underneath.
That changes the context.
This is no longer a “buy support” zone.
It’s a potential resistance.
On H4, the structure is bearish.
Lower highs, lower lows — and this move up looks like a pullback, not a reversal.
Now zooming into H1:
Price reached the level… and started to slow down.
Smaller candles, less momentum, no strong continuation.
That’s important.
Right now, there is NO trade.
Not because the level is bad —
but because the reaction is not clear yet.
Here’s what I’m waiting for:
A clear rejection from the 4600 area
Or a strong H1 close back below 4550
Only then does a short make sense.
Entry:
After confirmation — not inside the zone.
Stop:
Above the rejection.
Target:
Next lower liquidity areas.
If price breaks above 4600 with strength — I do nothing.
No bias. No prediction.
Key idea:
The level is not the trade.
The reaction is.
Let’s see how it plays out.

Two Setups – Two Different Stories (XAUUSD vs GBPJPY)
Attached charts: both pairs, multiple timeframes
I’m currently watching two markets — and they look very different.
That’s the key point.
Not every chart should be traded the same way.
XAUUSD (Gold)
Price is coming back into a broken support area around 4550–4600.
On the higher timeframe, structure is bearish.
Lower highs, lower lows.
This move up looks like a pullback — not strength.
So here, I’m not looking to buy.
I’m waiting for:
Rejection from the level
Or a clear H1 close back below it
Only then will I consider a short.
GBPJPY
Completely different picture.
Higher timeframe is bullish.
Strong uptrend.
But now price is sitting right below resistance around 213.
This is where most traders get trapped.
They either:

1. Buy too early into resistance
2. Or sell against a strong trend

I’m doing neither.
I’m waiting for:
A strong breakout above 213 → then looking for buys
Or a clear rejection → then maybe a short
Key idea:
Same method.
Different context.
Different decision.
No predictions.
No forcing trades.
Just waiting for the market to show its hand.
Most losses don’t come from bad strategies —
They come from trading when there is no clear reason.
Let’s see which one gives a clean reaction first.

USD/MXN – Why I Took This Trade
This was not a random entry.
Price had been moving inside a range for a while, with clear reactions from both sides.
What caught my attention was the move up into the upper area — followed by a sharp rejection.
That spike up wasn’t strength.
It was liquidity being taken.
Right after that, price failed to hold above the level and started dropping back inside the range.
That’s where the idea came from.
I didn’t sell the top.
I waited to see if the move would fail — and it did.
Entry:
After price came back down and showed it couldn’t stay above the highs.
Stop:
Above the spike — if price goes back there, the idea is wrong.
Target:
Back toward the lower part of the range.
At the moment, the trade is in profit.
Main point:
I’m not trying to predict tops.
I’m reacting to failure after a move.
That’s usually where the better trades are.

Trade Management – USD/MXN Update
Quick update on the trade.
After entry, price moved in my favor almost immediately.
That’s always a good sign — but I don’t rely on that.
First thing I did:
Reduced risk.
Once price moved away from the entry and confirmed the idea, I adjusted my stop.
Not to break even immediately — but to a level where the structure would be invalid.
No reason to give back unnecessary risk.
Price is now moving inside the range, approaching the mid-area.
At this stage, I’m not taking profits yet.
Why?
Because the original idea hasn’t played out fully.
The target is still the lower part of the range.
If price starts slowing down or showing rejection before that — I’ll react.
If it continues clean — I let it run.
No predictions.
No emotions.
Just managing what the market gives.
Key idea:
Entry is important — but management is what makes the difference over time.
Would you have managed this trade differently?

EUR/JPY – Waiting at Resistance
Price is in a clear uptrend on the higher timeframe, but now sitting right at resistance around 184.5.
This is not a place to jump in.
On the lower timeframes, price is stalling — multiple tests of the level, no clean breakout, no clear rejection.
That means one thing:
No trade yet.
Key levels:
184.5 – resistance
183.8 – support / decision level
What I’m waiting for:
Break above 184.5 with strength → then look for buys
Rejection and move back below 183.8 → then consider a short
Until one of those happens, there’s no edge.
Simple rule:
The level is not the trade — the reaction is.

Yes we have done this and might do time to time.

Taking less trades should not be goal. Taking trade only when we have clean setup, that is what we need to do.
Yes it eliminates overtrading, entering too early... and in result we take less trades.

SL Management – When I Actually Move It
Quick clarification on how I manage the stop.
I don’t move my SL just because the trade is in profit.
For this setup, the key level for me is around 17.70.
I only move the stop after price clearly breaks below that level
and the candle closes there — not just a wick.
A touch is not enough.
I want to see acceptance below the level.
That’s when the market confirms the idea.
Before that, I leave the trade alone.
Moving to break even too early usually means getting taken out by noise.
I’d rather let the trade breathe and only reduce risk once structure shifts.

Gold pulled back into 4550–4600 after a strong drop
Not a place to buy
This is a sellers’ zone
Waiting for a break below 4550 (candle close)
Only then looking for entries
Patience before the trade = money after

EURCAD testing a key resistance zone
Strong move into 1.6000
Now the real decision point
No confirmation yet
Waiting for either rejection or clean breakout
Don’t trade the level
Trade the reaction

EURCAD — Clean Price Action Setup
Price is currently pulling back into a strong resistance zone (1.5950–1.6020) after a clear bearish shift on higher timeframes.
Bias: SELL only
Key level:
1.5950–1.6020 = supply / resistance
Possible entries:

1. Rejection setup
   If price rejects 1.6000 with a clear H1 rejection candle
   Entry: after close
   SL: above high
   TP: 1.5850 → 1.5750
2. Break & pullback (preferred)
   If price breaks below 1.5950 and retests from below
   Entry: on pullback
   SL: above structure
   TP: 1.5800 → 1.5700

No trade inside the range.
Wait for confirmation — let the market come to you.

US2000 — Key Level in Play
Price is testing a major level around 2550 after a sharp sell-off and recovery.
Bias: Neutral → waiting for confirmation
Key level:
2550 = decision zone
Possible scenarios:

1. Rejection (SELL)
   If price fails to hold above 2550 and shows H1 rejection
   Entry: after bearish confirmation
   SL: above high
   TP: 2500 → 2450
2. Break & hold (BUY)
   If price breaks and holds above 2550
   Entry: on pullback
   SL: below structure
   TP: 2600 → 2650

No trade in the middle.
Let the level decide — react, don’t predict.

USDCAD – watching this level
Price is pushing into a strong resistance zone around 1.3780–1.3820.
1.3800 is just the round number — not enough on its own.
What matters is a clean break above the highs (around 1.3820).
Game plan:

1. Only look for buys if price actually breaks and holds above the zone
2. No reason to buy inside it — that’s where fakeouts happen
3. If price gets rejected here, shorts can come into play

Basically, wait for confirmation. Not guessing.

Watching GBP/CAD around 1.85.
Price rejected the resistance zone and started to pull back, but still no clean confirmation yet.
Aggressive approach: early sell after rejection with tight risk.
Safer approach: wait for a clear break below 1.8400 and then look for a pullback entry.
Key idea — rejection is a signal, but structure break is the real confirmation.
No need to rush. Best trades come from the edges, not the middle.

Rejection looks good, but yeah… without structure break it’s just a hint, not a trade. Patience here pays.

Aggressive approach: early sell after rejection with tight risk

@Meirk I like how you explain your chart ad analysis so far, could you be help with some keys ideas in the market while trading with support ad resistance

Ad how you can make your top down analysis probably weekly, Daily ad H4,H1 ad have a 70% of the good results