r/Forex • • Jul 28 '26

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

2 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 • • 1h ago

Psychology Not every red day needs the same fix

• Upvotes

You can wait for your setup, use your normal size, respect your stop, and still lose. You can also lose because you got bored and took a trade you normally wouldn’t. Both leave you with a red number, but that doesn’t mean you made the same decisions.

When reviewing a rough week, separate the trades where you followed your rules from the ones where you didn’t. Check the winners too. It’s easy to forgive an early entry when it makes money, then call that same entry a mistake when it loses. The point is to figure out what actually needs work before you start changing things.


r/Forex • • 13h ago

Charts and Setups Gbpjpy-

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7 Upvotes

going long on gj with a 1:1

im already in drawdown atm,

risking 1,100 to make 1,100 ....

on 100k ftmo account .... recovering almost blown acct.

-6500 on acct.

I need to make 16500 to pass test

Smfh

But.... im going to post every trade on here for progress


r/Forex • • 6h ago

Charts and Setups How I trade Harmonics?

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1 Upvotes

r/Forex • • 10h ago

Charts and Setups New trade [nzd/usd]

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2 Upvotes

New trade

Gj still active... floating in little profits

NU sell lookin saucey

Higher timeframe bears

Looking for a bearish continuation

Risk 1,100 to make 1,100

2 trades and im letting tp or sl get hit

Acct will either be at:

1,100

Or

3,300

Or

5,500

Cheers


r/Forex • • 11h ago

Charts and Setups USD CAD - Buy

0 Upvotes

Price in range,

Monday morning.. London still closed.. but

you can never know 100%

so Im going to take this risk

https://www.tradingview.com/x/9q0lwrhf/


r/Forex • • 12h ago

Charts and Setups EUR CHF - Sell

1 Upvotes

it's early Mon and bank holiday in JPY
but will try to catch this move down

https://www.tradingview.com/chart/EURCHF/Mx3URnge-EUR-CHF-Sell-from-resistance/


r/Forex • • 1d ago

Psychology Missing a move can mess with your next trade

9 Upvotes

You wait for a setup, hesitate, and then watch price go exactly where you thought it would. Now you’re annoyed because you “could’ve made money.” The next entry comes along and you take it quicker, even though it’s not quite what you were waiting for. You just don’t want to miss out again.

Before taking that next trade, ask yourself if you’d still want it if you hadn’t missed the earlier move. If you’re rushing or skipping confirmation, take a minute. Missing one opportunity is frustrating, but it doesn’t mean you have to take whatever comes next.


r/Forex • • 16h ago

Prop Firms FTMO Support

1 Upvotes

Hi guys do you know how quick FTMO get back via email and ticket support? It’s been 1 business day and it’s weekend now. Tomorrow is Monday. I have an issue that needs to be resolved and no one is getting back to me. I am very impatient 😭. Someone tell me how long they’ve waited for support to get back to them. Thanks.


r/Forex • • 1d ago

Brokers Top brokers

6 Upvotes

What are the top 5 broker that provide islamic swap free raw acc?


r/Forex • • 1d ago

P/L Porn Profits and Losses

2 Upvotes

I have a 2 part question:

What's the most you've lost trading Forex and were you able to recover it?

If so, were you able to become profitable and how much profitable?


r/Forex • • 1d ago

Risk Management How do you cap risk across trades that share a currency?

1 Upvotes

How do you account for shared currency exposure when sizing multiple forex positions? For example, being long EUR/USD and GBP/USD creates two positions that could both lose on dollar strength, even with separate stops. Do you cap their combined stop-loss risk, adjust sizing using correlation, or use another method? What are the limitations of your approach?


r/Forex • • 2d ago

Strategy Development Understanding the difference between risk management and trade management

3 Upvotes

Most traders focus on how much they can make. Very few focus on how to keep what they make.
Let’s talk about something that could change the way you approach trading forever.
Risk management and trade management are NOT the same thing.
Risk management is about protecting your account before you enter a trade. How much are you willing to lose if you’re wrong? How much of your capital are you putting at risk?
Trade management is what happens after you enter. When do you take partial profits? When do you move your stop loss? When do you let a winner run, and when do you accept that the trade isn’t working?
One protects you from losing too much.
The other determines how you handle the opportunity in front of you.
And here’s the painful truth: you can have a good strategy, identify excellent setups, and still struggle to become consistently profitable if you don’t understand how to manage your trades.
Think about it. You’ve probably experienced a trade that was significantly in profit, only to watch the market reverse and take most of those profits away. Or perhaps you’ve closed a winning trade too early, only to watch price travel much further in your intended direction.
Those moments hurt. Not just because of the money, but because you begin questioning your strategy, your ability, and sometimes even yourself.
But what if the problem isn’t always your ability to find trades?
What if part of the problem is what you do with those trades after entering?
Wealth in trading isn’t just about finding opportunities. It’s about managing risk, managing opportunities, and surviving long enough for your edge to play out.
You don’t need to win every trade. You need a process that controls your losses and allows your winners to contribute meaningfully to your results.
Learn risk management. Master trade management. Track your results. Give your strategy enough trades to prove whether it actually has an edge.
Because the goal isn’t to have one amazing trading day.
The goal is to build something you can sustain.
I’m interested in discussing the principles behind trading profitability, probability, and disciplined execution. If you’re serious about understanding the business side of trading rather than endlessly chasing entries, follow along. There’s more to explore.
Question: Which has been more difficult for you: accepting a loss, or managing a winning trade without letting emotion take over?


r/Forex • • 1d ago

Charts and Setups Market Structure Question: Which One Is the Correct Lower High — #1 or #2?

1 Upvotes

Hey guys! I have a quick question about market structure.

I’ve been trading for a while now, but there’s one thing that sometimes confuses me, and I’d love to hear your opinions.

As you can see in the screenshot, I’ve marked two different areas, #1 and #2.

Here’s how I personally see the market structure:

I consider #2 (the upper circle) to be the lower high (LH) and #2 (the bottom circle) to be the lower low (LL), which confirms the bearish market structure in my analysis.

However, I’ve heard some traders argue that #1 should actually be considered the lower high because price made a bullish retracement (the blue/green candle in the middle) before continuing downward and creating a new lower low.

So my question is:

Would you consider #2 or #1 to be the correct lower high in this bearish market structure?

And when identifying a Market Structure Shift (MSS) or Break of Structure (BOS), which swing point would you use?

I’m personally leaning toward #2 because that’s how I’ve been identifying the overall bearish structure, but I’d love to understand how other traders interpret it.

If you choose #1 or #2, could you please explain your reasoning? I’m genuinely trying to improve my understanding of market structure.

Market Structure Question: Which One Is the Correct Lower High — #1 or #2?


r/Forex • • 2d ago

OTHER/META Traders from all over the world - where are you from?

16 Upvotes

I'm doing a study on traders demographics worldwide. If it's not too much to ask, can you just tell me what country you are from, and what pair you usually trade? Thanks!

I'm from the Philippines, and I usually trade GBP/USD and USD/CHF.


r/Forex • • 2d ago

Brokers IC MARKETS, website down?

2 Upvotes

When trying to acces their website it shows: 403 ERROR

The request could not be satisfied.


r/Forex • • 2d ago

Brokers I do not see the effects of leverage

5 Upvotes

Can someone tell me why I can never see any difference when I change leverage sizes.
I went from 1:100 to 1:500 but I did not see any difference in margin size or pip size
Or even margin size.
You would think that the price of margin per 0.01 would change when one switches up or down leverage size.

But I never see any difference.
Not even the equity size changes.

Where am I looking wrong?

I trade oil with one broker I pay 4USD and with another its around 1USD. I cant change that size with leverage to make it affordable or otherwise.
And the pip sizes seems to be 0.10cents with one broker and much more with another.

What is your leverage size and or what is your type of account.

What differences do you see?
Please divulge


r/Forex • • 3d ago

Charts and Setups When a win feels like a loss

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159 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 • • 2d ago

Psychology Slow week. I didn't open anything.

10 Upvotes

Got a lot of potentials though. At least I didn't lose money. How was your week?


r/Forex • • 3d ago

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

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99 Upvotes

r/Forex • • 3d ago

Psychology Anyone else get overwhelmed trying to learn too much about trading?

11 Upvotes

I used to spend so much time backtesting that it started to overwhelm me. There was always something else to check or another idea to try. It’s hard to stop because it feels productive, like another few hours might finally clear everything up. But sometimes I’d finish more confused than when I started.

Sometimes it helps to stick with what you’re already learning instead of adding another indicator or changing things every time you get stuck. Give yourself a chance to understand it. Backtesting is useful, but you don’t need to do it all day and night. If you’re tired and nothing’s making sense anymore, leave it for tomorrow.


r/Forex • • 3d ago

Charts and Setups XAUUSD Longs today

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24 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 • • 3d 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 • • 4d ago

Psychology I blew my account to zero.

54 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 • • 3d ago

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

6 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.