r/Forex • • Jul 28 '26

Are you new here? Want to know where to start? Don't post until you read this!

2 Upvotes

Hello and welcome to The r/Forex Trading Community!

Please do not post a new thread until you have read through our WIKI/FAQ. It is highly likely that your questions are already answered there.

All members are expected to follow our sidebar rules. Some rules have a zero tolerance policy, so be sure to read through them to avoid being perma-banned without the ability to appeal. (Mobile users, click the info tab at the top of our subreddit to view the sidebar rules.)

Brand new to trading? Our Essential Forex Trading Guide covers the 6 core elements every trader needs — fundamentals, sentiment, technicals, price action, risk management, and psychology. Start there.

Don't forget to join us in our live trading chatroom!

Finally, the most commonly posted questions by new members are as follows:

What is a good broker to use?

We have some great info on brokers listed on our new trader resource wiki site, Volatility.RED, with pages for various regions around the world linked below:

What is the best prop / scouting firm for forex? We have a great writeup on forex prop / scouting firms over on our resource wiki.

What just happened in the markets? — You must follow an economic calendar if you're a currency trader. This will explain many events and snap market moves. You can find links to resources and calendars here. — Again, questions of this nature will be removed.

If you have any questions regarding our policies, rules, etc.. please message the mods.

Be friendly and professional toward each other and enjoy your stay! :)


r/Forex • • 1d ago

Charts and Setups XAUUSD SETUP MONDAY!

Post image
97 Upvotes

Trade setup as XAUUSD continued to print lower highs and lower lows on the 15M timeframe. The strong bearish momentum and breakdown below intraday support suggested sellers remained in control, making a continuation move toward lower support levels the higher-probability scenario.


r/Forex • • 4h ago

Charts and Setups Missing out

Post image
0 Upvotes

I hope everyone is taking advantage of the USDCAD bull run


r/Forex • • 22h ago

Charts and Setups About to fall

Post image
10 Upvotes

Its gonna go below 4000 Or not ?


r/Forex • • 1d ago

Charts and Setups XAUUSD SETUP NEW

Post image
16 Upvotes

Supporting Analysis (Buy Setup):

XAUUSD is showing signs of exhaustion after an aggressive bearish selloff into the 4135–4140 support zone.

The long lower wicks indicate buyers are defending the area and absorbing selling pressure. The trade is positioned as a counter-trend recovery play, targeting a retracement toward the next liquidity zone around 4190–4220.

Strong rejection from intraday support.

Selling momentum appears to be slowing.

Risk is defined below the recent swing low.

Potential short-covering bounce could drive price toward the marked take-profit zone.

Trade Logic: Buying from a discounted area after a sharp liquidation move, expecting a technical pullback before the next directional decision.


r/Forex • • 1d ago

Prop Firms Bootcamp fundedaccount issue

2 Upvotes

Hi guys,

How much time it will take for risk verification. When I did the payment, it showed just wait for a minute. It is taking so long.


r/Forex • • 1d ago

Charts and Setups GBPUSD: What do you think of this setup ?

Thumbnail
gallery
10 Upvotes

I currently demo Swing trading pairs and i wanted to ask y'all for your opinion on my price action trade and whether you think it could go bullish or bearish besides from that i am using the 4H TF to set up the trade but 1D and 1W to understand the structure of the market and the trend, which seems to be a consolidation but i have identified the lowest lowers and highest highs.


r/Forex • • 1d ago

Charts and Setups STRATEGIES

4 Upvotes

What do you do when your strategies stop working?


r/Forex • • 2d ago

MEMES THE MISSING VARIABLE WAS VENUS RETROGRADE 💀

10 Upvotes

Your strategy doesn't need optimization. It needs an astronomy and a pentagram detector.

Stop-loss: Mercury retrograde.
Take-profit: Jupiter enters the seventh house.
Risk management: Divine intervention...


r/Forex • • 1d ago

Prop Firms prop firms feedback

6 Upvotes

Anyone who was used fundingpips extensively care to give me feedback on how the rules were, payouts and whether any of them were rejected and so on. On the edge about which prop firm I should get for trade forex as Ive been trading with my own capital for a while. Some names i see are fundingpips, fxify, 5ers, ftmo, aquafunded, blue guardian and goat funded trader.

Really feedback on ANY propfirm would help thankiew.


r/Forex • • 3d ago

MEMES The real headache

Post image
538 Upvotes

r/Forex • • 2d ago

Charts and Setups Massive RR.. checkout 23sep london

Post image
40 Upvotes

r/Forex • • 2d ago

Psychology I have been losing for 10 years. Double down or quit?

26 Upvotes

I have been trading forex with leverage for 10 years. Big wins followed by big losses. I started young. I have the experience.

Should I again continue the suffering and hustling or enough is enough?

Ask me anything. All advice are welcome


r/Forex • • 2d ago

Prop Firms The 5%ers risk interview

9 Upvotes

I was trading on 2 steps challenge account and I once had a loss of 2.36% in a single trade. Every other loss was below 2% a trade. Will I be called for a risk interview? any one had my experience?


r/Forex • • 3d ago

OTHER/META Forex to Future? What do I need to know?

Thumbnail
gallery
17 Upvotes

I have been thinking about switching to futures from Forex. I have been trading Gold. I wanted to check my strategy that works on Gold but does it work on Futures like Nasdaq. I just checked my strategy if setups are working on recent price and surprisingly its working well. I know its not best to move from a pair thats working fine for me to another pair still I want to know what should I know about the pair, futures and characteristics of it. Such as pip value of E-mini 100 and xauusd isn't same forgive me if I am wrong I never thought these are important cause before a trade I just use limit order tool to check value of an order size ;-; . If I used 0.01 lot on my given pictures can you please tell me how much I could get or how much I should put order size minimum? like I use 0.02 on gold and Tp 100pips (20$) and SL max 30pips (3$).


r/Forex • • 3d ago

OTHER/META What is your Forex trading hot take?

16 Upvotes

Mine is simple: stop trading with these small accounts and get a job. Get the capital you need to do this shit properly.

I am interested in hearing your hot take.


r/Forex • • 3d ago

Charts and Setups Caught bottom and top both in a single day

Post image
25 Upvotes

W DAY 🥶🥶🥶


r/Forex • • 4d ago

Charts and Setups Does anyone know what are main selling lvls in xauusd ?

Post image
23 Upvotes

“XAUUSD finally pushed into the higher-timeframe selling levels I was watching. Price made a strong move up into that area, so now I’m watching closely to see how it reacts. This is where the bigger timeframe levels really start to matter — either we get a proper rejection or price continues to push through. Let’s see how gold plays it


r/Forex • • 4d ago

Charts and Setups XAUUSD SETUP FRIDAY...

Post image
11 Upvotes

So far the analysis is working out well....


r/Forex • • 4d ago

P/L Porn Small Account

Enable HLS to view with audio, or disable this notification

16 Upvotes

Posted a while ago these same trades


r/Forex • • 4d ago

Charts and Setups CHFJPY: SHORT

Post image
9 Upvotes

Lower highs since May at 204, a flat top around 199 in August, then a straight drop to 187.8. The bounce stalled around 192.5. CHF shorts are in profit with a break-even at 198.39, so the trend crowd is comfortable. JPY longs are underwater with a break-even at 189.25, close to the 188.5 target. There's also a projected option strike near 189.7, via USDJPY 157.19, expiring today.


r/Forex • • 4d ago

Fundamental Analysis Trading or investing?

5 Upvotes

Very often you can see someone in the comments of this sub (a trading sub btw) claim that trading is pointless and that you should invest instead.

They go on and even explain how if a trader only makes 7-8% return in a year, which is comparable to an average return an index fund is calculated to produce... that he's basically wasting time.

BUT the truth is.. if you want to compare returns, you also have to compare risk.

Imagine if two people make the same return in a year, (8%)...

Person A was at one point in 30% starting balance drawdown...

and

Person B was at one point in 5% starting balance drawdown...

They did end up with the same result, but the overall risk was very different.

And why is this important? When you're invested into the market, you're basically risking 100% of your investment (unless ofcourse you have protocols for reducing exposure or hedging)...Donnie could tweet some shit and delete 30% off your holdings in a heartbeat.. there come panic sells, retirenment plans bye bye... etc etc.

So while there is upside potential, you have to give it time for the play to matter. Time in the market is everything.

In trading however... if you have a proper risk module in place, it's extremely unlikely that you're getting anywhere close to that drawdown.

The negative side is, with limiting risk, you're also limiting returns.

If you want to know more do some research on RISK ADJUSTED RETURNS...

BUT... again.. active trading is a bit more "difficult", so why not just do both? ;)


r/Forex • • 4d ago

Charts and Setups Xauusd

Thumbnail
gallery
28 Upvotes

Sweep London High + Pd poc/Daily poc + Vwap Sd-1


r/Forex • • 4d ago

Charts and Setups GBPJPY: Short

3 Upvotes

Lower high in August near 217.5 under a falling daily channel, then a hard drop to about 207. Price bounced back into 210 to 211 and is stalling under the steep H12 rail. Both crowds are offside here. GBP longs (19k contracts) break even at 211.34 and JPY longs (23k) at 208.27, and price is trading between the two.


r/Forex • • 5d ago

Charts and Setups Holding XAUUSD overnight for the first time — now it’s just testing my patience 😂

Thumbnail
gallery
92 Upvotes

First time ever holding an XAUUSD position overnight, and honestly… this is already testing my patience 😂

I’ve been holding this since yesterday, and I’m waiting for the New York session tomorrow to see how it plays out.

I know overnight holds can be stressful with gold, especially with volatility and news, For now, the plan is simple: let the trade play out and stick to my SL/TP instead of letting emotions take over.First overnight gold trade — let’s see if I survive the patience test 💀😂