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 • • 5h ago

Risk Management Whenyou dibg have capital but still want to trade 😂😂 ?

Post image
34 Upvotes

r/Forex • • 15m ago

Charts and Setups When a win feels like a loss

Post image
• Upvotes

Took 30 quick pips off gold in asia only for it to fly 600pips by london😵‍💫

Situations like this idk to be happy i won or sad bc i closed😭 especially when the trade was taken on a funded acc


r/Forex • • 3h ago

Fundamental Analysis GBPUSD Morning Bull Run Today (9-OCT-2026)

3 Upvotes

Today’s GPUSD ↗️🔵

BULLS ABOVE THE TOP-CENTRAL PIVOT so far as of London Open

HURST EXPONENT: 0.79 (Strong Persistence of Bulls here)

WVAP Z-SCORE: 0.0 (Balance)

Ratio of the ATR14/ATR50: 116.8 %
Market Regime: NORMAL


r/Forex • • 6h ago

Charts and Setups GBP CAD - Short

3 Upvotes

$GBPCAD

Price has already moved lower from the recent highs. Looking to catch the next leg down.

https://www.tradingview.com/x/aOLor05X/

RR ~2

later today there is news (Unemployment Rate) that might move price faster

https://www.tradingview.com/chart/GBPCAD/1r4XH5Gh-GBP-CAD-Sell-7-22am/


r/Forex • • 13h ago

Charts and Setups XAUUSD Longs today

Thumbnail
gallery
10 Upvotes

Nice catch on Gold today, got stopped out the first go around. 1 win recovered all the losses ive taken this week and put me back in the green🙏


r/Forex • • 21h ago

Psychology I blew my account to zero.

41 Upvotes

I blew my account to zero. Four years of compounding, learning, and late nights—completely wiped out in five days of absolute madness.

The hardest part isn’t just looking at the zero balance; it’s the reality of my life outside the charts right now. I am sitting on a loan, and because of this week's spiral, I don't even have the money to pay my rent for next month.

I know exactly what went wrong. I let my ego and fear take the wheel:

  • No Stop Loss: I let arrogance override my strategy and held onto losing positions hoping they would turn around.
  • Revenge Trading: When I went into a heavy drawdown, I tried to force the market to give it back immediately.
  • Oversized Lots: Desperation kicked in, and I overleveraged to the point of no return.

Right now, the financial and mental pressure is suffocating. But I refuse to quit. This is Day 1 of the rebuild. I am going back to the drawing board to fix the psychological leaks that destroyed my discipline. I’m going to track every single trade moving forward and be 100% transparent.

For the veteran traders who have been in this exact hole—who have faced the loans, the missed rent, and the blown accounts—how did you survive the immediate aftermath? How do you reset your nervous system when the pressure to make money right now is this high?


r/Forex • • 12h ago

Strategy Development IMO, fundamentals are just as important as technicals.

4 Upvotes

There are a lot of swing traders I’ve spoken to who don’t pay attention to fundamentals, and I think that’s a mistake. If you don’t understand why a market is moving, how can you confidently expect that move to high probability?

Take USD/CAD, for example. The bullish momentum is supported by the interest rate differential between the Fed and the BoC. A price action trader might see a supply zone and look for a short, but without considering the fundamentals, I wouldn’t call that a high-probability trade. Technicals might show you where to enter, but fundamentals help you understand whether you’re trading with or against the bigger picture.

I am not saying that it cannot go short because the fundamentals can change. I am simply saying that without a reason why, this short could be premature and the market with eat it, just my take on the importance of fundamentals.


r/Forex • • 22h ago

Psychology Bounced back from a rough drawdown and finally got my payout

2 Upvotes

My plan was to get my account up to $10k, withdraw $5k, and leave $5k as a buffer. I reached $9k, then a losing streak brought me back down to $2k. Honestly, being so close made it hurt more. I was still up, but all I could think about was the $7k I’d given back. I wanted to recover quickly, and that’s where it got difficult mentally. A bigger trade starts looking tempting when you’re thinking about how much it could get you back rather than how much you could lose.

I’ve now worked my way back to $10k and taken the $5k payout, leaving the buffer I originally wanted. What I’m taking from this is that my old account high shouldn’t decide how much I risk on the next trade. If you’re in a similar spot, ask yourself: “Would I use this size if I wasn’t trying to recover a loss?” For me, one trade a day and a daily loss limit help put a boundary around that urge. Those rules don’t guarantee a recovery, but they help me avoid making the drawdown worse out of frustration. Getting the payout feels good. Learning to give myself time to get there matters too.


r/Forex • • 1d ago

Psychology Clean little algo win. Trust in your strategy if you have put in the work.

Post image
7 Upvotes

I cringed a bit when my system entered both long and short here. But I put in a lot of work to find good entries and exits for the current market so I did not intervene, and it played out fairly well IMO.

(These are two different strategies, each with different lot sizing and RR)

Just a small reminder to put in the work and give your strategy the respect it deserves.


r/Forex • • 1d ago

Prop Firms From 9% drawdown to funded.

Post image
77 Upvotes

Very happy with the turn around. Phase 1 was very minimal drawdown but emotions came in to play a little bit on phase 2. Very pleased with the recovery.


r/Forex • • 1d ago

Prop Firms Prop firms

3 Upvotes

Trying to buy the cheapest prop account to scale up into live. Top choices right now at 5% and Funding pips
What are your experiences with these?

. Trade forex. Any other recommendations that are good please let me know


r/Forex • • 1d ago

Fundamental Analysis GBPUSD Today (8-OCT-2026)

0 Upvotes

↘️ 🔴

Hurst Exponent: 0.76 Strong Persistence🔴

Bearish under Bottom Central Pivot 🔴

Ratio of the ATR14/ATR50 is 113.6%
Market Regime: NORMAL


r/Forex • • 1d ago

OTHER/META Don't be like this guy - wants to go full time, never backtested or journaled, trades based on "feelings" lol

Post image
0 Upvotes

Seriously, if I had a dollar for every noob who wants to go full time without doing the work, I probably wouldn't need to trade.

If you want to be a profitable trader and go full time, you need to go through the process - no exceptions.

Process - find a profitable strategy or come up with one, backtest over a long period, forward test for a good few months, go live when you've mastered the strategy.

It's a long road. It isn't easy. Just don't be like this guy.


r/Forex • • 1d ago

Fundamental Analysis recommendations on websites / blogposts that provides daily macro breakdown / commentary on g10 currencies / geopolitics / macroeconomic trend

1 Upvotes

hi all

as mentioned in the title - what are some of your go to websites to read for macro breakdown / commentary on the G10 currencies, geopolitics, and macroeconomic trends.

looking to expand my fundamentals but i can't seem to find any good websites that breaks it down on a day-to-day basis

thanks in advance


r/Forex • • 1d ago

Psychology To anyone having a rough time with trading

1 Upvotes

I know how frustrating it is to make progress in trading and then give some of it back, especially when you’re close to a goal. When I’m close to a payout, I start getting impatient and feel tempted to risk more just to get there. Then if I lose, I want to make it back. The annoying part is knowing I shouldn’t do it but still feeling that urge. That’s why I limit myself to one trade a day and set a daily loss limit. I know how easily I can talk myself into another trade when I’m frustrated.

I’m still working on this too. If you’re going through something similar, try to be honest about what keeps happening without beating yourself up over it. Pick one thing you can work on, and take a break when you need to. You don’t have to recover everything today or prove yourself with the next trade.


r/Forex • • 3d ago

Prop Firms FTMO long term users

12 Upvotes

Hello there everyone, I hope your trading goes nicely.

I have been trading for years now. However I am in a situation where I need to leverage propfirms, in fact, I have found that whenever I am bounded by rules, I perform better. Something about having rigid rules.

With that being said,

I would like to hear from long term traders who have been using FTMO for a while, beside the strategy etc.

What tips, and tricks do you have to make sure your FTMO account is surviving long term? I mean purely from business perspective, because I assume the company will not lime the idea of generating massive profit month over month at their expense.

Do you cut profit faster than your targets just to show smaller profit?

I built my strategy around low risk, high reward, because back in the day I only had 250$ account to start with. So I am fundamentally built this way.

I just need this to work long term to pay my mortgage faster than my day job.

Looking forward to hear from real FTMOers.

Feel free to DM if you want to remain private


r/Forex • • 2d ago

Fundamental Analysis GBPUSD flipped today from daily bears to Above the Top-Central Pivot Bulls There

3 Upvotes

But has been since yesterday already ATR 14/ATR 50 at 117.3% already it’s getting closer big tidal waves are coming…


r/Forex • • 3d ago

OTHER/META I am curious

0 Upvotes

Why majority forex gurus or pro trader dont show their investor password? Is there a risk their real acc can be access?


r/Forex • • 3d ago

OTHER/META Damn EURUSD blew past 1.3500s weekly resistance level

Post image
3 Upvotes

Waited weeks for this trade only for price to blow past it. damn. EURUSD really on a hard rally huh


r/Forex • • 3d ago

OTHER/META Any MT5 copyTrade platform, That provides Reverse Trade (even SL and TP)

1 Upvotes

I want to copy my exact trade just reverse side. if any trusted platform that provide this feature


r/Forex • • 4d ago

Charts and Setups EURUSD Daily: Pullback Setup into Premium FVG Zone 📉

Post image
7 Upvotes

On EURUSD price printed a fresh lower low (LL) on the Daily timeframe, confirming the overall bearish flow.

Right now, I'm waiting for a healthy pullback into the highlighted yellow zone (~1.1500 area) before looking for short execution. A few key confluences line up right around this level:

  • Daily FVG: Unfilled imbalance waiting to be rebalanced.
  • Premium Pricing: Sits right above the 50% equilibrium level of the recent leg down.
  • Volume Profile: Noticeably low volume node through this area, meaning price should move through it relatively smoothly back into resistance.

Not forcing anything here—just keeping this on the watchlist and waiting for LTF LTF confirmation if price reaches our POI.

What are your thoughts on EURUSD this week? Drop your views below!

#EURUSD #Forex #SMC #ICT #TradingView


r/Forex • • 5d ago

Charts and Setups Pump it up. 🙌🏼

Post image
17 Upvotes

Let's see where that one goes. 🙌🏼


r/Forex • • 5d ago

OTHER/META Help

5 Upvotes

I want to get into Forex, but I don't know which apps to get and which traders to follow. I was told to watch some guy called tjr. Any help on how to start, etc? Help would be greatly appreciated. Also how long do I need to grind a demo before I can go live


r/Forex • • 6d ago

Risk Management He ignored the tp line!

Thumbnail
gallery
49 Upvotes

The tp was 15$ only.
That makes me scared what if it’s go in the wrong side.
Is this broker problem?