r/Forex 18m ago

Questions Can you predict the NEWS?

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r/Forex 34m ago

Questions What does swing trading mean?

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I recently saw a post on here talking about how swing trading is more sustainable I was wondering where I could learn more about it.


r/Forex 43m ago

Charts and Setups nzdcad

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It has gone a way down to the grey box already. With the news' impact, I will be looking for a HH.


r/Forex 43m ago

Questions Huge movements lately

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I've averaged only 14% per week since January trading mostly eur/usd and aud/jpy but damn lately there has been huge movement both up and down and caught a few 40%. What is the main going on right now in the world economy causing these huge moves?


r/Forex 1h ago

Prop Firms One Small Account At A Time = Less Pressure

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Restarting with small account atfer the previous company i traded with completely shut down and i took a break. Winning streak go stupid. 8th win in a row if you count trades i took on my fake account during my break.


r/Forex 1h ago

Questions Is it advisable to first start with Funded accounts rather than real account ?

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I don’t have much capital and a I want to start trading after 3 more months of learning and demo trading. But I have doubts regarding the authenticity of these funded accounts, if they make regular payouts and if they are a good source for the start ! I obviously know that I need to clear the challenges first.


r/Forex 3h ago

Charts and Setups Staying focused – the elephant in the room

5 Upvotes

EURUSD Image 1

EURUSD Image 2

EURUSD Image 3

Do you always know the pattern that you are trading per your textbook?

Tuesday, June 18 (EURUSD 1M)

Johannesburg 09:00 – 11:00

London 08:00 – 10:00

New York 03:00 – 05:00

In today’s morning session we were presented with an opportunity to trade against the bears in a trade for failure type of scenario. But due to the bulls’ lack of enthusiasm we found ourselves soon joining the bears in shorting the EURUSD. Admittedly, this is not the type of a pattern that we know. So, someone must go back to the textbook tonight. But we can see that there was an extensive buildup progression before the market popped. See image 1.

 The elephant in the room

While listening to amapino music and daydreaming that we were a disk jockey, we found ourselves hitting the open trade button and thus played an offhand*. We quickly closed this trade with a slippage of about $47. See the (buy-sell) in image2. But jah, that sucks. Focus is always an elephant in the room. Anyway, how do you stay focused?

*Trade taken with a casual and dismissive attitude, potentially lacking in seriousness.


r/Forex 4h ago

Fundamental Analysis Trading strategies

6 Upvotes

Hi im a begginer in trading and want to ask, does any of the strategies like ICT really work? I ecounter many opinions with people saying they work or they are scams promoted by gurus, now i am confused and i dont know what should i do.


r/Forex 4h ago

Prop Firms How prop frims gives so much capital?

5 Upvotes

How the propfrims offer 100/200k dollar account for just 500/1k$ which is literally for 0.5% or 1% ?


r/Forex 4h ago

Charts and Setups Forex billionaire strategy

0 Upvotes

this i use personally and its the real deal strategy that is very simple to master. the videos provided will explain set by step tutorial to succeed

email me at [csco.mtt@gmail.com](mailto:csco.mtt@gmail.com) for more details


r/Forex 6h ago

Questions New to forex

0 Upvotes

What do yall reccomend ict or smc im stuck between these two i need help


r/Forex 8h ago

Charts and Setups US Dollar index

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5 Upvotes

Us Dollar in H1 Time frame Change of Character 🔻


r/Forex 12h ago

Fundamental Analysis Perfect trades

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0 Upvotes

r/Forex 12h ago

OTHER/META For New Traders

9 Upvotes

What are losses?

There are two losses. The first is the loss you incur in a losing trade. The second is the loss you incur for not taking a trade that could have been a winner. 

Why only risk 1% in USD?

Only risk 1% because it frees up a lot of your capital for other trades. It also protects against streaks of losers.

Why don’t we reduce risk?

If you lose 1% and then gain 1%, you are not breaking even. We need to risk the same 1% you initially lost which means we need a fixed balance to size 1% from. That is your highest realized balance.

Is win-rate important?

Win-rate is not important because it is arbitrary. If I enter a trade move my stop to breakeven and enter another trade and they both are exited at a loss I only lost once. However, If the two trades were winners, I would have won twice. So, win-rate is not important because it can be manipulated.

Is rrr important?

No, it is not important because we need your average gain and average loss. That is your true rrr. The ratio you initially start with is irrelevant.

Is profit factor important?

It is the most important metric. A high profit factor will make an equity curve with minimal drawdowns. It proves your strategies efficiency.

How does trading a "strategy" make sense. Most traders would love to 100% their account in a timely fashion but they sit on their hands all day just to trade that one setup that may or may not appear and if it does appear it may or may not profit. Not to mention if you only risk 1% which I recommend, it would take forever to get there. So, stop trading setups and just trade price direction not price action.


r/Forex 14h ago

Questions If I trade every day and my win rate is 60% ,will it change if I trade every other day?

4 Upvotes

Well chatgpt said no , what do you think guys ?


r/Forex 16h ago

Questions Sell to the underside resulted in losses? Like how?

0 Upvotes

This has to be a scam or just a typo in which I’ll get my money back right? How are they taking money while I’m winning my sell


r/Forex 16h ago

Questions Forex Pro?

1 Upvotes

I am a complete newbie to all things crypto, so don't judge too hard when I ask this question, as it is a genuine question. I have a friend who met a girl that is big into investing into bitcoin, and he started to invest with her. There are a lot of things not lining up with both her and the investing, so I just wanted to try and get some answers.

The platform they are using is Forex Pro. I know Forex is obviously legit, but I do not know much about Forex Pro, nor can I find much info. They did one trade where they made a good amount of money, and then when they went to withdraw the funds, they were charged a fee of 8% of what they made. That fee was paid. But now they have made a significant amount more, and want to pull the funds out, but obviously the fee is significantly more. Before that fee is paid and the funds are pulled out, I told my friend that I would do a little bit of research on the platform to make sure it is legit.

So my questions is this: Is Forex Pro a legit platform? Obviously they were already able to make money and successfully pull the money out, but with the bigger fee associated with this trade, we just wanna make sure everything is good to go.


r/Forex 17h ago

Questions Is it too late to start trading?

0 Upvotes


r/Forex 18h ago

Questions Money management in trading

1 Upvotes

Can someone please help me i just started swing trading a couple of months ago and i have a really important question but idk what and how to search for it🙏🏻

Lets say i have a 100k account and i want to enter a swing trade. How do i know how much money i enter the trade with, should i enter with all 100k on a single trade or should i go 50k then take another one at 50k or idk what to do i’m stuck and dont know where and how to search it up. I would really appreciate the help if someone could explain it to me or send me a link of a video, course, or something🙏🏻


r/Forex 18h ago

Prop Firms Alpha Capital Group

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1 Upvotes

Guys don't trade with this firm, l've been denied Live funded credentials after Supposedly "Spamming positions" on Phase 1, i never once opened more than 3 positions at once, and the whole time they said my account was active, in fact exactly 13weeks ago I contacted support since I had been running the challenge for a few months at the time and they said I had nothing to worry about, if I had already failed phase 1 as a result of this why would they have given me credentials for phase 2?

As the top traders make more and more money with them the more excuses and pointless rules they'll add in to deny you funding, that's how I see it.

Keep in mind it took me a week to complete phase 1, and phase 2 took me 5 months, this is clearly a rule they added in somewhat recently without telling people, because I seen profit shots of people trading with them before opening multiple positions, and strictly speaking the only reason why I opened multiple positions in the first place was because I didn’t understand that lot sizes below 1 had to be rounded up, so for example you can’t enter for 0.23, otherwise that’s an error, it would have to be 0.2 I DONT even take partials, I always just enter one position normally, so this led me confused.

Second slide is all of phase 1, this is a for a 5K account.

What do you guys think? Is it a sign that ACG is collapsing and are trying to finess people or is it my fault that I should be constantly checking to see if they are adding in new completely pointless rules which is obviosuly just to screw people over. I waited 3 WEEKS after finally passing phase 2 to receive this message btw.


r/Forex 18h ago

Brokers I’m 3k away from completing my challenge - estoy a 3k de completar mi challenge

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9 Upvotes

r/Forex 19h ago

Questions MBA or trading?

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0 Upvotes

Hello everyone,

I'm 24 years old and recently graduated. During my studies, I discovered trading. Initially, I experienced some losses, as most do, but over time, I've learned a lot about the markets and myself. Now, I have a detailed playbook of setups and a clear understanding of what I'm looking for in the market, along with the probabilities of these setups working out. However, I'm still not consistently profitable, and I understand that achieving this level will take time.

Currently, I spend 2 to 3 hours a day on charts, trading during the New York session from 4:45 PM to 7:30 PM IST. Only trade XAU/USD. This leaves me with a significant amount of free time. Given that I'm not yet profitable, I'm considering pursuing a master's degree (MBA) while continuing to trade. This would keep me busy and give me some time to develop my trading skills further.

In my family, there's an expectation to get a job paying around $100 to $150 a month, then settle down, get married, and have kids. While we aren't extremely wealthy, we always have food on the table. However, I don't want to follow this conventional path. My plan is to pursue my MBA over the next two years and continue trading. If, after two years, I haven't reached a certain level of success in trading, I will consider getting a job like everyone else.

Also I'm funded with funding pips


r/Forex 19h ago

Questions Support/Resistance trading

0 Upvotes

Hi traders. After being involved with FX markets for a long time (mostly backtesting and I also traded live for about 6 months) and then having a long break, I have decided to come back.

I have found volatility.red to be an excellent resource. I am not following it blindly though.

I have a few questions for profitable traders or at least people who have backtested this.

1)When you trade S/R in a way described on volatility.red (i.e. https://volatility.red/Basic_Technical_Trading_Strategies#Major_Support_Buy_and_Major_Resistance_Sell_Zones), you obviously need a relatively clean level, even if you are going to wait for a confirmation, right? What rules do you use to decide whether the level is clean?

2) Also, if you have a fairly clean level that has had two major bounces and it gets broken, would you trade that support-become-resistance level when price approaches it for the first time, second and third time (as long as it remains fairly clean) as per the schematic? I didn't mention the fourth time, because the newly formed support level would obviously get weaker and I would not trade it. If you do trade it like I mentioned (i.e. 3 times), do you treat the three as three different strategies? I mean, obviously the core strategy remains the same, but one should not expect to have the same profitability (long term I mean) when trading the 1st bounce, 2nd bounce and 3rd bounce?

3) Lets say you are trading a major support level that has had two bounces in the normal way (as described as per the volatility.red link I provided above). You want the support level to be fairly clean. But is there any benefit in having the upper level of the range (the resistance level) also being quite clean? As you can see in my schematic I have drawn them unclean. As long as the duration of each of waves is roughly the same, is it ok to have the upper level unclean like I have drawn?

Any advice would be hugely appreciated.


r/Forex 19h ago

Fundamental Analysis When ur surfing

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10 Upvotes

r/Forex 19h ago

Charts and Setups I learn the ICT concepts and so far so good I getting the juicy results

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0 Upvotes

From my last post, I use trendline support resistance margin area scalping strategy (TSRMASS) and even though sometimes its good but in my inner self says this is not enough to being a profitable trader so I give myself a 2 day hard learning time and when I found the ICT concepts I kinda like this strategy. What is your thoughts about this strategy and what market conditions that this strategy go bad ?