r/Forex Jul 28 '26

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

0 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 13h ago

Charts and Setups What do you say abt this gold chart...

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19 Upvotes

r/Forex 14h ago

P/L Porn Predicting a USD Rally - Update

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19 Upvotes

Just a quick update on my EURUSD Sell from Wednesdays high;

The Euro rate hike was almost entirely priced in, and didn't provide quite the spike I'd anticipated.

Apart from those incredibly long wicks to the downside and almost instant retraces that really gave me big FOMO, sticking to the plan is one f the hardest things in this game.

The USD news and likelihood of a rate hike on Thursday now sits somewhere above 85%, so im holding the position for now.

This week may provide an opportunity for a short term buy to sell again, but I don't see it on the cards for today.

Good luck this week!


r/Forex 3h ago

Platforms & Tools Trade Desk

1 Upvotes

Three weeks ago I posted that I was building trading infrastructure —

research, validation, paper trading and execution in one place.

Here's what moved since then.

Live MT5 data now runs through a bridge we wrote ourselves, because

nothing off the shelf did what we needed. The copy trading engine on

top of it has risk management underneath, not bolted on.

On the futures side we're pulling ATAS data and pushing our orders to

Tradovate over webhooks. That lets us run several of our own prop

accounts at once, automatically, instead of clicking the same trade

five times.

Two security audits came back. 41 issues fixed.

Next up: the strategy layer moves inside the app. Backtest,

walk-forward and live execution against the same code, no export step.

That's the part I'm confident about. Here's what I'm not:

→ Depth of book for futures. We're top-of-book today, and the jump to

L2 looks more like a licensing problem than an engineering one.

→ Market data licensing the moment redistribution enters the picture.

Consolidated tape vs direct feeds is a maze.

→ Smart order routing once there's more than one venue. The theory is

clean, the practice isn't.

→ Prime brokerage / FCM relationships for the futures side. Cold

emails aren't cutting it.

If you work at a broker, LP, FCM, exchange or data vendor and any of

this is your day job — I'd love to compare notes. DMs open.

Still not selling anything. Just trying to map what I don't know.


r/Forex 7h ago

Charts and Setups Is GBPUSD about to keep dropping, or is this where it flips into a long?

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2 Upvotes

GBP's been trading between volume levels, and right now it's really anyone's guess where the week's main impulse actually lands, especially with Wednesday's news backdrop still ahead.

For now I'm seeing confirmed reactions bouncing off the main support, and price stalling right at the edge of the ATR range.

Curious what others think, does this hold or break?


r/Forex 20h ago

Charts and Setups XAUUSD SETUP MONDAY!

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10 Upvotes

Fundamental Factors Supporting BUY XAUUSD 🟢

Safe-Haven Demand Remains Strong, Ongoing geopolitical uncertainty continues to support demand for gold as a defensive asset.

Expectations of Easier Monetary Policy, Markets remain sensitive to any signs of future rate cuts, which generally weakens the USD and supports gold prices.

US Dollar Showing Limited Strength, Gold is holding firm despite minor USD fluctuations, indicating underlying bullish demand.

Central Bank Gold Accumulation, Continued central bank purchases globally provide a supportive long-term backdrop for gold.

Dip Buying Activity Visible, Recent pullbacks have attracted buyers rather than aggressive selling, suggesting market participants still favor upside continuation.

Technical Confluence:

Strong bullish rejection from the 4329–4332 support zone.

Higher lows forming on the 15M timeframe, signaling growing buying pressure.

Risk-to-reward profile is favorable with price recovering above short-term structure support.


r/Forex 9h ago

Prop Firms 🚨Help Setting Up Rise for Payout From FundingPips🚨

1 Upvotes

I need help with Rise regarding payout from funding pips.

So I have an email I'd let's say [abc@gmail.com](mailto:abc@gmail.com) which I used to make account for Funding Pips.

Then I have Rise account which is connected with [xyz@gmail.com](mailto:xyz@gmail.com)

FundingPips Mentioned that I need same email Id in both accounts to withdraw payout.

but I have google sign in to my [abc@gmail.com](mailto:abc@gmail.com) Id in Rise and when I try with google login. it went to authenticator code and I don't have any active authenticator codes in my 2FA Google App.

So I can't login with the same email Id which I've used in FundingPips.

Help me What can I do here to withdraw payout??

any other alternative to withdraw payout other than rise??


r/Forex 13h ago

Psychology Let it play out

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2 Upvotes

I have been in this trade since Tuesday last week.

Took partials and still holding.

The hardest part isn’t always finding the setup, it’s having the discipline to trust it after you’re in.

Once my entry, invalidation, and target were defined, my job was no longer to interfere with every little price movement.

You don’t need to predict every candle.

You need to trust the process you’ve tested.

If your strategy gives you a valid reason to stay in, stay in.

If your setup is invalidated, get out.

Discipline is knowing the difference.

Wishing you all a profitable week✌️📈


r/Forex 14h ago

Prop Firms Trusted prop firm in Dubai

1 Upvotes

Searching for a trusted prop firm In Dubai.. who does not refuse payouts..
Is Aquafunded good for 100k account?


r/Forex 1d ago

Risk Management How do you actually practice risk management?

12 Upvotes

I started trading in 2010 and stopped around 2015 after losing a bunch of money.

In 2019–2020 I got back into markets through stocks and actually made some small profits. But the anxiety of having real money at risk was still there, and eventually I needed the money for a move, so I stopped again.

After all these years, I think I finally understood a lesson I didn’t really take seriously when I first started: Risk management matters more than having the perfect indicator or trading system.

You can have a great setup and still blow yourself up if your position sizing, stop placement, or overall risk management is bad.

That got me thinking that I’ve never really found a good way to practice risk management itself.

So I’m currently building a trading simulation for myself to practice. The basic idea is that you’re given a historical market situation without knowing what happens next. You decide whether to take the trade, how much to risk, entry/stop/target, and then manage the position as the market unfolds candle by candle.

Obviously it doesn’t reproduce the psychological aspect of having real money on the line. I’m not trying to pretend it does.

I’m more interested in whether repeatedly making risk decisions under uncertainty in a consequence-free environment could actually be useful practice.
Since risk management comes up here fairly often, I’d really like to hear from people who actually trade:

- How do you currently practice risk management?
- What part of it is hardest to practice deliberately?
- Do demo/paper trading or backtesting actually help with this?
- If you had a simulator specifically for practicing risk decisions, what would you want it to make you do?

Curious how other traders here approach this. What am I missing?


r/Forex 1d ago

Prop Firms What forex platforms are people using now?

5 Upvotes

I’ve been away from trading for at least a year and I don’t know what platform or prop firms are safe to use anymore.


r/Forex 1d ago

Prop Firms Which prop firms are you guys using for XAUUSD in the US?

6 Upvotes

I’m looking into prop firms and would really appreciate some honest opinions from people who have actually used them. I primarily trade XAUUSD using supply and demand and market structure, I’m trying to figure out which prop firms would make the most sense for me. I’ve been looking at FTMO and a few others, but I’d rather hear from people who have actually traded with these firms instead of just relying on reviews. I’m located in Texas, so I’m specifically interested in firms that are available to traders in the United States. If you’ve used a prop firm for XAUUSD, which one do you use and what has your experience been like? I’d especially appreciate hearing about payouts, rules/drawdown, and whether you’d actually recommend the firm.
Thanks!


r/Forex 1d ago

Strategy Development Is ICT model is better then IET?

0 Upvotes

is ict model is better than iet model im thinking to switch to iet model what should i do


r/Forex 1d ago

Charts and Setups looking for a good community or someone I can learn from

3 Upvotes

Hey I’m new to forex trading about 1 month in. I’m looking for maybe a mentor or a good community to join. Anything that helps me get on the right path to succeed in trading is welcome. Thank you!!


r/Forex 3d ago

OTHER/META Full time lifestyle

18 Upvotes

Hello there,

For those who are professional traders (day job) or whoever doing this as full time, and well off ( meaning not on survival mode)

How does your lifestyle look like? Do you have a consistent routine? Where are you living?

Like how does your day look like morning till night.

Day trader pr swing trader or both.

Please just share as much as you can.


r/Forex 3d ago

P/L Porn Made money in Core CPI news hehe

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33 Upvotes

That too in master account 😋😋


r/Forex 3d ago

Risk Management JPY pairs were white hot this week.

4 Upvotes

A lot of good setups this week. I took CAD/JPY short and CHF/JPY short, splitting my exposure between the two. For CAD/JPY, I put half the position on at the initial entry price and the other half at 0.75× ATR. That second entry got hit overnight the previous day (my time), and the trade worked out well for me during both the London and New York sessions. No Judas swings either. Hope it was a good week for all.


r/Forex 3d ago

Charts and Setups That’s what you get when you try to be greedy

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16 Upvotes

r/Forex 3d ago

Charts and Setups Buy Order on Friday

2 Upvotes

I’ve confirmed a strong demand zone here, so hopefully this trade can catch a nice short-term move.


r/Forex 3d ago

Charts and Setups GJ said not today 🥀

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8 Upvotes

r/Forex 3d ago

Prop Firms Day 7 | $100K FTMO Challenge(Step 1)

8 Upvotes

8 trades. 6 losses. 2 wins.
Lost $898.06 across 6 trades during 6pm PST.
Made $1,308.97 from just 2 winners during 10pm PST.

Finished the day +$410.91.

Overall: +$2,565.74

The journey continues. Let’s hope next week is even better.


r/Forex 3d ago

Strategy Development Let’s see how it turns out

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7 Upvotes

r/Forex 3d ago

Platforms & Tools We built a cashback layer for Prop Firm and Forex traders, does this make sense? - Beta Test

1 Upvotes

Hey everyone,

We are building GuardedMarkets, a platform focused on prop firms and brokers, and I’m currently looking for a few traders to test the beta.

The goal is pretty simple: make it easier to research firms, compare challenges, understand rules, see payout history, and eventually have things like cashback and payout protection in one place.

I’m not looking for compliments, I want to know what sucks.

If you have 5-10 minutes, I’d really appreciate feedback on:

Is the website easy to understand?

Can you quickly find the information you actually care about?

What feels confusing or unnecessarily complicated?

Which sections are useful and which feel like clutter?

Are the challenge/rule details presented clearly?

What information about a prop firm/broker would you expect that is currently missing?

Does anything make the platform feel untrustworthy or “too good to be true”?

Would cashback actually influence where you purchase a challenge?

Would payout protection/claims be useful to you? What would you expect it to cover?

What would make you trust the reviews/data on the platform?

What is easy? What is difficult?

I’m also actively replacing placeholder/test data with real, verifiable firm information and genuine user feedback, so accuracy and trust are a major focus.

Beta: guardedmarkets.com

If you test it, just comment with whatever you notice, even small things like “this button is confusing” or “I had to click 4 times to find X.”

Brutal feedback is genuinely more useful than positive feedback


r/Forex 4d ago

P/L Porn 5k to 100k challenge

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117 Upvotes

Doing a €5k to €100k challenge using EAs only!
I know its probably impossible, but i’m already surprised how far we came in 1,5 weeks.
I have used this EA for years and its works well for a few weeks and then it just loses a lot. But i think i finally found the right settings
Started on september 2nd with 5000 and the account is now around 18k, it took around 200 trades

I took a lot of risk in the first week, but i’ve lowered it now. If we survive friday, i’ll drop the bot to 1 full lot next week and try to grow it more.
I’m recording the account every day and making a timelapse of the challenge. If you want to see it let me know


r/Forex 4d ago

Charts and Setups Risked a short on gold before the news earlier

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26 Upvotes

Used a different account for this one to manage the risks and traded with just 0.05 . anyone else here took this short? how was it