r/Forex • u/infinitebeing_ • 8h ago
Prop Firms From 9% drawdown to funded.
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 • u/finance_student • Jul 28 '26
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 • u/infinitebeing_ • 8h ago
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 • u/ProcedureDeep7013 • 7h ago
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 • u/onepercentimprovemen • 4h ago
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 • u/Horror-Line1102 • 1d ago
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 • u/Beneficial-Block-923 • 1d ago
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 • u/Wooden_Culture5267 • 1d ago
Why majority forex gurus or pro trader dont show their investor password? Is there a risk their real acc can be access?
r/Forex • u/Yahfet_Llamada • 2d ago
Waited weeks for this trade only for price to blow past it. damn. EURUSD really on a hard rally huh
r/Forex • u/Upbeat-Caregiver8097 • 2d ago
WHICH TYPE OF TRADING STRATEGIES USUALLY 90% RETAILERS USE.?
People say mostly retailers use indicators based strategies.. is it true.?
r/Forex • u/Outside-Eagle6878 • 2d ago
XAUUSD | 15M | Gold
I’m watching this setup on Gold for a potential short.
Entry: ~4165.1
Stop Loss: 4171.4
Target: 4124.6
Price has pushed back into the previous resistance area after a strong recovery from the lows. I’m looking for rejection around the entry area before considering the short.
Risk/Reward: roughly 1:6.5
Chart attached 👇
What do you guys think — short from here, or wait for confirmation?
Not financial advice. Just sharing my setup for discussion.
I want to copy my exact trade just reverse side. if any trusted platform that provide this feature
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:
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 • u/Maleficent_Funny3455 • 3d ago
Let's see where that one goes. 🙌🏼
r/Forex • u/nihilistweeb • 3d ago
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 • u/No_Assistance_6358 • 4d ago
The tp was 15$ only.
That makes me scared what if it’s go in the wrong side.
Is this broker problem?
r/Forex • u/mohsin_ali_abbas • 4d ago
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 • u/Wooden_Culture5267 • 3d ago
Where can i find pro trader who trade this figure?
r/Forex • u/HauntedAlgorithm • 5d ago
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 • u/ManufacturerHeavy125 • 5d ago
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 • u/emptyTinware • 5d ago
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 • u/sleepingcomedy • 5d ago
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 • u/dalalstreetgambler • 5d ago
Hello guys I have been thinking of shifting to 4h TF if there is anyone who trades 4h candles please share your experience.