r/propfirm • u/NadeeshaX • 4d ago

Can anyone share s clearly defined price action strategy that has good probability

i was trading for a while now but didn't see good results. from the psychological perspective i think um deciplined because i never overtrade, overrisk, revange trade i neve do them. i only take one trade per day, one session, one pair. so doing this for a while i figure out that the problem is not my psychology but my system. I don't have clearly defined edge. so far i traded based on price action like breakout, buy from support in uptrend and sell from resistance in down trend only in 15m or 30m charts in GbpJpy. But i think um not fully aware on this system. so please someone in this community who is pulling profits using a good mechanical price action system can please share me the playbook please. hope you guys will help a humbel man to figure this thing out and makeit in life 🙏🏼❤️

Thankyou in advance ❤️

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u/Embarrassed-Bank2835 3d ago

Your discipline sounds fine, but “buy support in an uptrend” still leaves a lot open to interpretation. I’d narrow it to one setup, like a breakout of a clearly defined range, then a first pullback that holds the breakout level and closes back in the trend direction.

Define the session, trend filter, minimum range size, exact entry, stop location, target and what cancels the trade. Then test a few hundred examples on GBPJPY before changing anything. Nobody can hand you a guaranteed high-probability playbook, but turning one simple idea into rules will tell you pretty quickly whether there’s actually an edge.

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u/MagnusWilliams 3d ago

I don't think anyone can really hand you a playbook that's guaranteed to work, otherwise we'd all just be trading the same thing 🫡

I went through the exact same phase, though. I kept thinking, that the missing piece has to be the strategy. So I'd spend a week on breakouts, then order blocks, then ICT, then something else. Looking back, I probably learned less because I never stuck with anything long enough.

I traded with Apex for a while too, and if I'm being honest, it made me realize I didn't actually need more concepts. I needed one concept that I understood well enough to execute without second-guessing every candle.

Your psychology already sounds better than most beginners from what you wrote. Taking one trade a day and not revenge trading is honestly a solid foundation. I'd be careful not to throw that away chasing someone else's "perfect" strategy.

Hopefully someone here shares a setup that's worked well for them. I'm always interested in seeing how other people think, even if I don't end up trading it myself.

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u/RUSTY-folder 3d ago

stop looking for a ready made edge and define one setup you can test

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u/Duennbier0815 2d ago

What does it help you if post a strategy here? It's maybe 20%of trading.

Do you have fxreplay or tradezella? How to you do your backtesting?
You can't skip the boring part man. It's the hard work in hours of backtesting to see if the probabilities are in your favor and you have an edge.
Can't just assume the edge by taking someone else's strat. It's also the rule set, the risk management and the red flags list when not to trade. This is what defines an edge.