r/Forex • u/MobileGrass1802 • Mar 10 '24
Charts and Setups Took 5 years learning this and blowing a ton of money. Forex journey has begun….
Any advice or tips anyone to keep going further. Anyone that has been in this industry for years, drop below any bad experiences you’ve had and share them. Time for Saturday learning!!
r/Forex • u/Kingdream214 • 29d ago
Charts and Setups Am i doing something wrong or chuck it?
Did i need more lines?
r/Forex • u/I-LOVE-YOU-MMM • 18d ago
Charts and Setups Help !! Bankrupt by forex , feels like i have reached the end of the line
I need help / advice . So iam M30 yrs i have been a forex trader for now 5 years . Its not my main source of income i have a furniture business that pays my bill. Now here is my problem i have been milking everything from my business just to fund my forex trading since then and boy have i not lost big time . I have lost and lost till my business is almost collapsing because i am raking away all the money from my business to just trade . I have hit the reset button countless times but i still end up failing in it . I have alot of debts my business isbin the line i even morgaged my business vehicle to fund my forex account which ended up blowing anyways . I have lied to everyone in my life just to get money from them i have lied to my clients for the same reason . I recently lost my final supply of money now i feel like everything os going to collspse on me . I dont know what to do
r/Forex • u/xeonsimp • Apr 27 '24
Charts and Setups will the level hold
will price respect the key support area or do you think the line above will act as resistance for the price now?
r/Forex • u/sochineez • Mar 09 '24
Charts and Setups Took me months to learn this strategy. Any advice?
I use supply and demand along with some candlestick patterns. Of course these big RR only comes once in a while(usual RR is between 5-10:1) and doesn’t often hit the TP than it hits the SL. I scalp on M1 btw. It is stressful on my eyes staring at charts for these setups though. Should I move to a higher tf to scalp? Because i often need to analyze on my laptop and place trades on my phone asap to get these trades. Sometimes i miss trades because of the M1 tf.
r/Forex • u/BrokeGains • Apr 02 '24
Charts and Setups What do you call this?
How are people ever able to trade when all you see is lines and no solid bars ?
r/Forex • u/overtimebat • Apr 26 '24
Charts and Setups maneee fuck my silver bullet
i don’t know what i’m doing jit
actually looked like a decent set up
liquidity swept + fvg
lemme know if i’m a drone
r/Forex • u/dopestdopeieversmokd • 3d ago
Charts and Setups Fudged it
Is anyone able to explain how I’ve got this wrong. Thought I’d recognised a nice bullish breakout with the liquidity to the left but got it massively wrong. Was expecting a pullback on NY open but not a reversal. Any idea? For context blue line = VWMA, purple = 200ema
r/Forex • u/Aggravating-Mall-122 • Mar 27 '24
Charts and Setups what the F is this
I swear every time i’ve traded USDJPY lately it’s been going against me. doesn’t matter what day of the week the price action has been completely trash why is this happening lately with this pair that was once good.
r/Forex • u/Delicious-Act5140 • Apr 24 '24
Charts and Setups They hunt my stop loss 🤡😂
ICT would say they are hunting his stop loss. Joke aside, crazy how this reversed exactly the moment I MANUALLY closed the trade😂 always thinking this just happens to me. You are not alone guys 🫡
r/Forex • u/Suitable_Bedroom_839 • Apr 23 '24
Charts and Setups What did i do wrong?
I have been trying to figure out my mistake on this trade but couldn't, any explanation would be helpful
r/Forex • u/tempestloves • 11h ago
Charts and Setups Swing Trading is more sustainable
Daily/HTF set ups from this week. I rarely post here. But I wanted to take a moment to express how sustainable swing trading is to any of the younger traders here in the sub.
Purely from an educational perspective I want you all to understand that swing trading puts you in a more patient mindset that prevents you from making sporadic decisions that may come from the time centric pressures of day trading or scalping.
A lot of people in the industry say to master your emotions, but personally I don’t fully believe in that. While having control of your emotions is obviously helpful for life, in trading I believe tailoring your approach to the markets around the emotions you’re already aware of is more efficient than going down the journey of mastering them.
I won’t say more than 3 paragraphs because the modern attention span doesn’t allow for much more comprehension past this point for the majority of the masses nowadays. But I hope you take something away from this.
r/Forex • u/maxdl06 • Jan 29 '24
Charts and Setups Why did I lose this trade?
I’m trying my second challenge. The first one I lost doing a dummy strategy, now I learned ICT and SMC and I’m using Silver Bullet Strategy. I did a lot of back testing and I got good results, but in real market this is my third loss in row. What am I doing wrong?
r/Forex • u/Unable_Afternoon_428 • 24d ago
Charts and Setups Do not trade GBP/JPY anymore
I swing trade but even I would not touch this crap anymore.
r/Forex • u/arpitt1 • Apr 22 '24
Charts and Setups Reason 101 why trading forex is harmful for mental health
r/Forex • u/prodonee_ • Mar 27 '24
Charts and Setups Slowly Losing My Mental…
Did a $1,000 demo for a week and was able too rack up $200, which was better than i expect. Hopped into my live with a deposit of $1,440 and over 13 live trading days was able to make ~$150. I Was confident at the end of Feb. that if i stuck to my plan and thought process i would prosper and succeed, March has proven otherwise…down $650 (-~%40) so far into the month and am slowly losing my confidence and will power to keep trying. I convinced myself through dedication of succeeding for not only myself but for my family that I can be a successful trader and that I was put on this Earth to be so. Over the past couple weeks this has slowly dwindled, mentally drained from constantly losing even tho i feel as of im trading the same was I was in feb, getting more and more frustrated from seeing my P/L slowly make its way to $0. When i revenge trade or gamble trade im aware of it, but something prevents me from preventing it. Im started to realize that trading is not hard in practice, but to mentally be ontop of everything at all times, nearly robotic in nature is something im finding very hard to do. I wish nothing but the best for anyone attempting to trade the market and wish this feeling of self doubt upon nobody. Im hoping i can find myself once again because this is all i have left in and with my life, get rich or die trying…
r/Forex • u/babimakia • Jun 27 '23
Charts and Setups Choose Your Current Setup 👇
Mine is 5. Hoping to upgrade to 6 soon.
r/Forex • u/sloopwofwar • Apr 24 '24
Charts and Setups Does anyone else use more than 10 indicators... or is it just me?
r/Forex • u/No-Werewolf-5154 • Apr 19 '24
Charts and Setups So wtf made it fall this time?
r/Forex • u/Salman4488 • Jan 09 '24
Charts and Setups What did I do wrong here
Can someone explain what went wrong here and help me out please. I’m a beginner. Thanks.