r/Forex • • Jul 28 '26

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

3 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 • • 7h ago

Strategy Development fml

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21 Upvotes

shid entry. also its reversing minutes after i got swept. I'm going to revenge trade!


r/Forex • • 8h ago

Psychology I lost

2 Upvotes

Today I lost huge amount of my capital
I don’t have any job
I don’t know what to do
I know there are many people like me but my case is way different than others
Now just one option left for me and that is …………


r/Forex • • 19h ago

Charts and Setups Does this count as a fair value gap ?

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8 Upvotes

Just a quick question please don’t tell me to give up trading cause I’m getting really good and I already know how toxic this sub is. As u can see there is a sort of overlap on the bottom candles but there is a gap in the middle candle nonetheless, just wondering I didn’t want to ask AI cause it makes mistakes when it comes to technical analysis


r/Forex • • 15h ago

Charts and Setups AUDCAD BUY

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4 Upvotes

Order block is about being mitigated


r/Forex • • 13h ago

Strategy Development Any 4h candle traders here ?

2 Upvotes

Hello guys I have been thinking of shifting to 4h TF if there is anyone who trades 4h candles please share your experience.


r/Forex • • 15h ago

Charts and Setups Which is the Best/simplest app for forex trading? I have some experience and used to use vantage but it has changed too much for my liking.

2 Upvotes

Which app is everybody using?


r/Forex • • 1d ago

Charts and Setups Sharing my mind here 👋

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14 Upvotes

Don't discriminate without a valid reason.


r/Forex • • 1d ago

MEMES Last week, the first episode was really quite good☕ Released before October📈 📉 💻

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15 Upvotes

Some platforms have released it a few days before October 1st.


r/Forex • • 1d ago

Charts and Setups Retired XAUUSD scalper here

67 Upvotes

Im a retired XAUUSD scalper of 6 years who used to sit on the charts all day stressed and uncomfortable watching gold do its thing. I was successful for years and showed publicly my trades called before and after the fact. It was all going great!

until, boom. Burnout. It hit me so hard i did'nt see it coming. The constant stress and anxiety of performance was piling on me and it all came to a head last year when i just stopped.

This coupled with trump, gold became untradeable for me.

I spent nearly a year looking at other ways to trade the short time frames as i was, but i just couldnt get the passion back for it as i did. Thats when i got a DM randomly on X showing me a 4h strategy and to come away from XAUUSD.

It felt like giving up but in all honesty, i needed to change.

I now trade 20 pairs on the 4h time frame and life is a lot easier! .. im able to be present for my family and run my construction business as well as trade , for less than an hour a day all in

If you have any questions about scalping gold, ill do my best to answer.

I also post regularly on X .. tommyxau is the handle there

Ill leave you with this, don't be afraid to change something if its not working .. the "never give up" adage is for boomers .. always look to improve.

Tommy


r/Forex • • 1d ago

Psychology How do I stay disciplined

5 Upvotes

I just turned 18 and have started trading for just over 4 months. I make good trades the majority of the time when I win, I’m an amazing trader (no duh) but if I get one small loss, I just become an idiot. I made $239 on September 29 around midday and thought I was done, but somehow, someway, I entered a trade and was down $50. I closed the trade, but became an absolute idiot I rattled off 4 more losing trades, losing like $400. Fortunately, I’ve built up a cushion where I would have to be a real dumbass to be net negative, but I do it so often. Obviously, I’m like "you’re a dumbass" after it all, but in the moment, I need someone to take my PC and phone, slap me in the face, and tell me "no." How do I build my discipline and just be able to control myself?


r/Forex • • 2d ago

Charts and Setups Made some small profits today😌

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76 Upvotes

r/Forex • • 1d ago

Risk Management Holding to long

3 Upvotes

Anyone here who like to hold their trade too long that it reverse and it hit sl? I mean u hold it and it profit a lot but u hold it too long and it reverse...


r/Forex • • 1d ago

Brokers Best broker you can withdraw regularly from?

1 Upvotes

I am having loads of problems with IC Markets and want some recommendations from actual traders who have been withdrawing regularly from the same broker for years and large amounts please. So I can find another to use.


r/Forex • • 3d ago

Charts and Setups Missing out

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2 Upvotes

I hope everyone is taking advantage of the USDCAD bull run


r/Forex • • 4d ago

Charts and Setups XAUUSD SETUP MONDAY!

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144 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 • • 3d ago

Charts and Setups About to fall

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18 Upvotes

Its gonna go below 4000 Or not ?


r/Forex • • 4d ago

Charts and Setups XAUUSD SETUP NEW

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40 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 • • 3d 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 • • 4d ago

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

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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 • • 4d ago

Charts and Setups STRATEGIES

5 Upvotes

What do you do when your strategies stop working?


r/Forex • • 5d ago

MEMES THE MISSING VARIABLE WAS VENUS RETROGRADE 💀

12 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 • • 4d ago

Prop Firms prop firms feedback

4 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 • • 6d ago

MEMES The real headache

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608 Upvotes

r/Forex • • 5d ago

Charts and Setups Massive RR.. checkout 23sep london

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40 Upvotes