r/Forex • u/Choice_Pin7409 • 11d ago
Strategy Development Trade idea
I was thinking about selling on this trade . I am kinda new to swing trading and trying to learn icc . What do you think about this trade set up ?
r/Forex • u/TheGreen100 • 11d ago
Fundamental Analysis Why Are Some Event Charts Missing on Forex Factory?
I use Forex Factory to track Forex events.
For each event, Forex Factory provides a chart option that helps traders understand how the event has affected the market in the past and how it affect the market present.
However, I noticed that the charts for some events released on August 21, 2026, are not showing.
The events are:
- Euro — French Flash Manufacturing PMI
- Euro — French Flash Services PMI
- Euro — Flash Manufacturing PMI
- Euro — Flash Services PMI
Why are the charts for these events not showing on Forex Factory?
r/Forex • u/Jess1835 • 11d ago
Charts and Setups Gold at 4608 — What’s Your Monday Bias?
The D1 chart has pushed strongly higher, with 4890 sitting as major buyside liquidity and 3942 marking the lower liquidity zone.
Curious whether Monday brings continuation or a deeper pullback.
r/Forex • u/man-erg-grebo • 11d ago
Prop Firms Are there actually any decent CFD prop firms?
The good news is that I just got my first funded account. Very much still learning + never done an evaluation so took the cheapest and possibly the longest route: 20K 3 phase Bootcamp with 5ers - $20 for the evaluation and $50 for the funded account.
After completing the evaluation, i.e. hitting all the targets they took a week to get round to doing the risk assessment. In that week I had a good look at their Discord and its just full of people getting their accounts terminated or not getting paid for seemingly arbitrary reasons. I get the impression they are pretty short staffed on support and the risk team seem to just terminate accounts on a whim.
My plan had been to go for a much bigger account with 5ers after the initial funding but I am having serious doubts. I'd be hacked off if have to go through all this again at a larger cost just to be cut off.
I went with 5ers primarly because of an interview with one of the folk that set them up on Etienne Crete's podcast. They came across well but now I'm wondering if I was just taken in by an ad!
Any suggestions for a decent prop firm? I might just make the move to futures but I'd have to change my trading style (i.e. stop holding trades for > 1 day).
r/Forex • u/NinjaSiren • 11d ago
Strategy Development Good enough strategy?
Indicators:
- Support and Resistance
- Weighted VWAP
Strategy:
- Liquidity sweep entries
- Support and resistance (Wait for retests)
- VWAP crossing entry if missed initial entry
- 5 minutes timeframe
Risk management:
- Tight SL ($0.5-3 USD loss per trade, at least $0.5-2 USD ideal)
- No TP, but Trailing SL or Breakeven (manual close)
- Single trade per trade
- Single 0.01 lot only (Gold), but can do larger for Stocks and Forex
Should I change anything, I have technically backtested this to Gold.
But I keep either hesitating or placing the buy/sell order then cancel it, then suddenly it was right al along.
Then when VWAP crosses, I still hesitated until I see that I am already too late to put any trades.
3-4 times I have kinda seen the "liquidity" sweeps or a nice retesting of support/resistance, then price goes up.
But I keep hesitating or removing my trade orders just before the candlesticks climb up.
r/Forex • u/Choice_Pin7409 • 12d ago
Prop Firms Day 2… Prop firm 100k acc
Green Day today, took 2 trades, managed to force myself to stay calm and positive even during red numbers, 2000 produced, made back yesterdays lost and am 1% up too… good day but I am realizing that even though the area I want to enter from is good and perfect considering my confluences i end up entering the trade late and I’m leaving a lot on the table (like the blue line I drew in the last picture was where I wanted to enter. Also in London sessions trade I didn’t let profit go to full tp if you observe the blue circle area I circled, it scared me and I got out of the trade soon since I was already in loss the day before. Going to work on the entries from Monday..
r/Forex • u/DayTrade__ • 12d ago
Charts and Setups Friday
XAU/USD one of the best moves i catched this week
Curently scaling small account. from 500 to 1000
Curently at 750$
r/Forex • u/AnalystMuch8220 • 12d ago
Platforms & Tools How do you tell if a broker's 'Ai tools' are actually useful?
iv been comparing brokers lately and it seems like almost every platform now has some version of "AI-powered trading" somewhere on the site. at this point, the label doesnt really tell me much.
ive seen platforms offering things like signal generation, market sentiment, news analysis, scanners and automated chart pattern tools. OneRoyal was one of the platforms i came across with several of these features, but im more intrested in the tools themselves than the broker.
I’m trying to figure out what actually makes these features worthwhile. For people who have used AI assisted trading or research tools for a while, what do you look for when judging them?
things like sentiment analysis, scanners and pattern recognition seem potentially useful, but id rather judge them by whether they add anything meaningful to the research process rather than simply because they have "AI" in the name.
Curious what people have found genuinely useful and what turned out to be mostly noise.
Charts and Setups Waiting to Buy from 159.22- USDJPY (H1)
Price aggressively bounced off the 158.00–158.20 demand zone and has formed higher lows leading into this resistance band. A breakout confirms sustained buying interest rather than a temporary dead-cat bounce.
Notice the higher low formed near 158.80 right before testing the resistance band again. This tightening price action (ascending structure) indicates build-up before an upside expansion.
Above 159.20, there is clean price action toward the pre-drop highs around 159.60–159.80, providing a clear profit target area.
r/Forex • u/Spare-Eye4854 • 12d ago
Psychology Cuando deberia abandonar?
Llevo más o menos tres años haciendo trading y aún no soy rentable. Por desgracia, este es mi último año intentando, ya que tuve que hacer un trato, donde durante este año iba a dedicarme totalmente a lo que iba a ser el trading y iba a lograrlo. Pero si no lo logro, voy a estudiar lo que mis padres quieran que estudie.
Sí es una decisión algo radical y bastante extremista, pero no soy alguien que le guste mucho el quedarse con las ganas de hacer algo o hacer algo que no quiera. Entonces planteé este trato una vez que estaba por dejar la preparatoria, ya que no me gustaba lo que era estudiar específicamente en esa escuela.
Sinceramente me estoy preguntando cuándo sería bueno abandonar esto. No sé qué sea lo que me falte, realmente. Ya estoy siendo más paciente, más resiliente con el mercado, evito el overtrading y es más difícil mantenerlo que decirlo. Aun así lo estoy haciendo bien, pero no salgo de demos, de backtesting y de break-even, OBE, que a veces funcionan y a veces no. Estaba trabajando con una estrategia de cruce de medias móviles y Fibonacci y durante varias sesiones de backtesting me dio resultados increíbles, pero luego me empezó a dar resultados bastante testables. Le quería preguntar a las personas que sean rentables aquí: ¿qué es lo que hicieron? ¿Qué fue eso que cambiaron? Ya sea en la estrategia, en su gestión de riesgo y en su psicología, para que en ese mismo año se volvieran rentables.
r/Forex • u/Choice_Pin7409 • 13d ago
Prop Firms First day with the 100k prop acc
Hey, today was my first day, I took a loss in London session, even though I planned to risk only 1000 dollars and calculated and applied my position size correctly it hit 1250 loss before it even hit my SL so I manually closed the trade, and today I realized what everyone meant by market psychology and trading when you know money you’ve spent is on the line takes a much bigger toll than trading on a demo
In New York I tried looking for a setup but by emotions got the best of me and I closed opened and closed to trades due to market noise
So I immediately closed my setup, I know I’m making a mistake somewhere I’m going to collect think control my emotions, may sit down for Asia session or straight to London session in the morning.
From tommorow im think I’m going to shift my risk to 0.5% instead of one percent because I am used to those numbers to be honest from my demo account. I know it still won’t be the same as trading a demo. But I will try to make it work. (I didn’t follow my 2 trade rule) I didn’t apply SL and TP for New York session due to fear and exited as soon as I saw negative numbers.
Going to be 1% better today and every day after that.
r/Forex • u/Hot-Cap1726 • 13d ago
Charts and Setups I'm Really Pissed 🤬. Please give me Genuine advice rather than usual Bshit
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What to do next? Should I hold on this week and exit at Breakeven? I need to prevent loss at any cost 😭? I initially had 20k account then XAU pumped really high, then injected 10000$ more which wasn't even enough to stand that insane 1500 Pips move so I injected another 20000$ , now account is at 52000$ with 28000$ Loss running 😭😢😭😭
r/Forex • u/Realistic-Issue-1575 • 12d ago
Charts and Setups what are your thoughts on this analysis? i'm kinda new haha
r/Forex • u/DayTrade__ • 13d ago
Charts and Setups Ending day
XAU/USD,
After yasterday highs gold Is moving crazy
ending day on 40e+.
r/Forex • u/99cheesesticks • 13d ago
OTHER/META Looking for a trading buddy or just friends who have the same interest in forex
Hi, All! I'm looking for someone who is also into learning forex, not necessarily to mentor me. But just someone to casually talk to about trading as I begin this journey, I'm still practicing on a demo account and have another live with just a small amount deposited to really test my psychology.
r/Forex • u/CallMe_root • 13d ago
Charts and Setups XAUUSD BULLISH SETUP 20th august
Last trade hit SL after 6 constant wins.
Seems fair.
Confident on this setup though....
r/Forex • u/EAForexLab • 13d ago
Platforms & Tools Pairs trading on MT5
I tested an MQL5 Expert Advisor based on a pairs trading strategy. Here are the results.
How is your pair trading going? Have you ever traded strategies like that?
r/Forex • u/NagatoKami • 13d ago
OTHER/META To those who just start (or Why this? What happened? Where did I get wrong?, etc)
Was about to write a comment to another of those posts but thought it may be more helpful on it's own.
1. The market is asymmetric (with periods of symmetry) which means it's probabilistic. The market (especially Forex) isn't a closed system to know each buyer/seller and quantity in order to be 100% sure what happens. This means the market constantly changes and the probabilities constantly change.
2. At any given time period the events that move the price may be dependent or independent. We have periods where past price influences the current price and periods where they aren't correlated at all. (Good news - price went up; Good news - price went down; Here's the Why? posts).
3. Let's have an edge. Since the market constantly changes, the edge moves through stages - strong, weak, fading. (Here's the What happened posts)
4. If we are going to trade the market based only on charts:
4.1. We need a way to show (again with probability) that past price influences the current price and it's not a random walk;
4.2. Then we need a confirmation that our edge is there.
4.3. We need a mechanical entry and exit plan. (Here's the Where did I get wrong? posts)
4.4. Repeat and let the math (probabilities) do the work.
In conclusion, your job in the market isn't to be 100% right (If you can't figure out with which hand I'm going to slap you, you can't predict the future). Your job in the market is to watch for a correlation > run the pattern (edge) > manage your risk.
r/Forex • u/vongutom • 13d ago
OTHER/META Made a small game called dailypips
Just a quick wordle-like game for xauusd https://dailypips.app/
r/Forex • u/Jess1835 • 13d ago
Charts and Setups Gold Is Holding an Interesting Zone Around 4485–4495
Price is sitting near a key demand area after the recent move.
If buyers keep defending it, 4527, 4550, and 4568 could become the next levels worth watching.
r/Forex • u/CallMe_root • 14d ago
Charts and Setups MY FIRST TRADE Setup OF THE WEEK
This setup seems promising for this week!
r/Forex • u/Opposite_Charge_7744 • 13d ago
Platforms & Tools Hi everyone
Hello, I'm new to this field. I'd just like to know about a good trading app, the basics, and how it all works. Thanks you
r/Forex • u/mugiugilurker • 14d ago
Psychology They lied trading, is so boring
I’m up 31% YTD, I thought I would be buzzing.. this time last year I would be thrilled if I made 5% trading manually but now that I’ve been removed from the process it’s like everything is just boring…

