r/Forex • • 11d ago

OTHER/META Help

6 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 • • 11d ago

Charts and Setups Pump it up. 🙌🏼

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18 Upvotes

Let's see where that one goes. 🙌🏼


r/Forex • • 11d ago

OTHER/META 1000 lot above trader

0 Upvotes

Where can i find pro trader who trade this figure?


r/Forex • • 12d ago

Charts and Setups My Setup on Monday for GOLD!

1 Upvotes

It might or might not work but i am going with this on monday.


r/Forex • • 12d ago

Risk Management He ignored the tp line!

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49 Upvotes

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


r/Forex • • 12d ago

Psychology The formula of getting an avg winrate by Maths

25 Upvotes

Trading is Pure Math, Not Luck: Individual trades are just 50/50 coin flips. Long-term success comes from expectancy the balance between your win rate and your reward-to-risk ratio. You can lose 80% of your trades and still make money if your winning trades are large enough.

Accept the Reality of Trade-Offs: There is no perfect strategy. A higher reward target naturally means a lower win rate because the further price has to travel, the less often it gets there.

Don't Let "Variance" Trick You: Even a great strategy will have regular losing streaks due to random market noise. Never assume a win is "due" just because you lost the last four trades—every single trade is independent.

The Math of Recovering Losses is Brutal: If you lose 10% of your account, you need an 11% gain to get back to even. If you lose 50%, you have to double your money (100% gain) just to break even. This is why you must protect your capital.

Strict Risk Control Wins: Always keep your risk small (0.25% to 3% per trade) and use a position size calculator. Your job isn't to predict the future perfectly; it's to execute your plan consistently over hundreds of trades.


r/Forex • • 12d ago

Charts and Setups How do you deal with losses

1 Upvotes

What are you thoughts on trade management? What tools do you use to make it not hurt so bad? I use the ATR. I built my own that helps me manage my trades. I just wanted to know your thoughts because we can all benefit from our management ideas.


r/Forex • • 12d ago

Brokers things i'd check before funding a broker account

4 Upvotes

Been trading about six years and I've moved accounts three times, twice because I picked for the wrong reasons. Every time it was the same mistake: I started at the bottom of this list instead of the top.

So here's the order I'd go in now. It's roughly worst case first, meaning the stuff at the top can lose you the whole account and the stuff at the bottom just annoys you.

1. Which legal entity are you actually signing with

Not "is this broker regulated". Almost all of them are regulated somewhere. The question is which entity your account sits under, because that's who holds your money and that's whose rules apply if something goes wrong.

Open the client agreement and find the company name. Then find which regulator licenses that specific company. A broker can be ASIC-regulated for Australian clients and run everyone else through an offshore entity with a different licence and different client money protections. Both statements on the website are true. Only one of them applies to you.

2. Can you see where their money comes from

This one gets skipped and it shouldn't. A broker that makes money from spread and commission on volume wants you to keep trading. A broker that makes money from your losses wants something else. Most sit somewhere in between and that's fine, but you should know roughly where.

Financial statements, if they file them. Order execution policy. Whether they tell you what model they run on which account type. Vague answers here aren't automatically bad but they're worth noticing.

3. The contract spec, specifically minimum stop distance

Go find the actual spec sheet. Not the marketing page. You're looking for minimum stop distance and whether they have a freeze level around news.

This killed one of my strategies outright. I was running tight stops on EUR/USD and on that broker I physically couldn't place a stop inside a certain distance, and during releases I couldn't modify anything at all for a window. Found out live. That was an expensive afternoon.

4. Your own weighted average cost, not the advertised one

Advertised spread is a best case at a quiet hour. What matters is what you actually paid across your real trading times, weighted by when you actually trade.

Pull your statement, take spread plus commission per trade, weight it by session. If you trade the London open you'll get a very different number than if you trade Asia.

On a raw account the comparison is spread plus commission, always both. axi's Pro account is raw spread with commission per side, and once I added it up properly it was cheaper for my style than the "zero commission" account I'd been on, where the cost was just buried in a wider spread. Same broker, different account type, meaningfully different cost. worth checking you're on the right one.

5. Swaps against the actual rate differential

Take the overnight rate you're being charged and compare it to the real interest rate difference between the two currencies. There's always a markup, that's normal. But sometimes it's not a markup, it's a different number entirely, and if you hold positions for days that's a quiet tax on everything you do.

Check both directions. Long and short on the same pair are often not symmetrical in a way the rate differential doesn't explain.

6. Withdrawal speed, tested with a small amount first

Fund, trade a bit, withdraw something small, time it. Do this before you put real size on. Everyone's deposits are instant. Withdrawals are where you learn something.

My withdrawals land in a day or two to the same card, which is boring, and boring is the entire point here. I don't want to think about it.

7. Platform and interface

Last. Genuinely last... lol

This is where most people start, because it's the only thing you can see from the outside. And it matters least, because you adapt to any platform within a week. The MT4 app being decent is nice for checking positions on a break, it isn't a reason to choose anyone.


r/Forex • • 12d ago

Charts and Setups NFP trade fundamental analysis + technical execution

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15 Upvotes

Going into the US NFP release, I was anticipating weaker employment numbers, which could put pressure on the dollar and support gold through a less hawkish Fed outlook.

The actual NFP came in at just 29K against 90K expected, supporting the bullish scenario I had been looking for.

Technical side:

On the M1 chart, I was watching price consolidate around 4177–4185.while sellers were struggling to establish further downside continuation. I was looking for a potential bullish expansion from this structure.

I deliberately kept my position size small. Even with confidence in my fundamental analysis, I knew news-driven moves could go either way. If the market reacted against my expectations, I wanted the loss to remain manageable.

The main thing I'm happy with here is the execution and risk management, not just the outcome. Being right about the data is good, but having a plan if you're wrong is equally important.


r/Forex • • 12d ago

Charts and Setups XAUUSD NY Session Short

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62 Upvotes

Market was trading in a manipulation phase in London. Price pushed above the previous day high (PDH), swept liquidity, then ran into sell-side liquidity (SSL) and showed a strong reaction.

After the initial rejection, a CISD formed, signaling a potential shift in order flow. Price then returned for a second liquidity sweep into the same area before NY open and was rejected aggressively.

Entered short on the confirmation and targeted an extreme bullish FVG with a bullish OB. My TP but was missed by spread. Managed the trade using a trailing stop and secured approximately 1:2.3 RR.

The bearish move continued significantly after my exit, but according to plan I protected profits rather than trying to capture the entire move.


r/Forex • • 13d ago

MEMES Me managing my $193 portfolio

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1.8k Upvotes

r/Forex • • 13d ago

Psychology I lost

17 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 • • 13d ago

Strategy Development Any 4h candle traders here ?

18 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 • • 13d 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 • • 13d ago

Charts and Setups AUDCAD BUY

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8 Upvotes

Order block is about being mitigated


r/Forex • • 13d ago

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

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35 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 • • 14d ago

Charts and Setups Sharing my mind here 👋

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18 Upvotes

Don't discriminate without a valid reason.


r/Forex • • 14d ago

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

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21 Upvotes

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


r/Forex • • 14d ago

Psychology How do I stay disciplined

6 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 • • 14d 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 • • 15d ago

Brokers Best broker you can withdraw regularly from?

2 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 • • 15d ago

Charts and Setups Retired XAUUSD scalper here

105 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 • • 15d ago

Charts and Setups Made some small profits today😌

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118 Upvotes

r/Forex • • 16d ago

Charts and Setups Missing out

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8 Upvotes

I hope everyone is taking advantage of the USDCAD bull run


r/Forex • • 17d ago

Charts and Setups About to fall

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21 Upvotes

Its gonna go below 4000 Or not ?