method · 6 min read

Reading a losing trade

Signal №1,141, annotated. −31 pips, −1.0R, on the record with its reason. This is what a correct loss looks like — and why it is the most useful trade of the month.

The signal as it landed at 10:05 MT5 on 28 August:

№1,141 · XAUUSD BUY−1.0R
Entry4789.0 – 4793.0
SL4780.0
TP4805 / 4818
Reason: discount M15 FVG after PDL sweep in Asia. Waiting for London to confirm.

What the setup had

Two of three conditions: a sweep of the previous day's low during Asia, and a clean FVG in discount. The third — a structure shift on M15 — was early: a small higher low, not a decisive break. The reason line is honest about it: 'waiting for London to confirm'.

What London did

The open swept the Asian low instead of the Asian high, ran straight through the FVG and took the stop at 4780.0 at 10:31. Nine minutes later price reversed and went to 4810 — without us. That is the part that hurts, and the part that teaches.

Why it is a correct loss

What changed after it

Nothing in the rules. The lesson is about patience: 'waiting for London to confirm' in a reason line means the entry was early. The next similar setup, №1,146 on 2 September, waited for the M15 break before entering. It is on the record too.

A 71% win rate is three losses in ten. If you cannot take №1,141 exactly as the account took it, the 71% is not available to you either.

Published 01 Sep 2026 · Updated 01 Sep 2026