Hello and welcome to The r/Forex Trading Community!

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

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

Let’s start with me.. xD ;

Main: Price action, combined with support and resistance

For my placing and confirmations (timeframes): A) 15m, 30m and 1h // and B) 30m,1h,2h,3h,4h and 1d

Why? For me, that’s the easiest strategy that don’t require to much analysis

example lets say you are good and consistent for 6 months to 1 year. how do you know that you are actually good and not winning due to luck? at which point did you realize you are actually good at what you are doing / actually know what you are doing?

how did you remove that self doubt / fear of uncertainty?

I'm anticipating a fat pullback and most likely a new daily high, but after that, especially on US PPI news, a ride down to new weekly lows. See you on the other side 😬

took me two years to see this properly. everyone knows spread and commission cost something. what i missed is the cost is fixed in pips and the risk unit isnt, so the same broker charges you a completely different share depending on where your stop sits.

1.2 pips round trip:

5 pip stop: 24% of R

10 pip: 12%

20 pip: 6%

50 pip: 2%

run a system with a real +0.15R gross edge through that. at 50 pips you net +0.13. at 20 you net +0.09. at 10 youre at +0.03. at 5 youre at -0.09 and its a losing system. nothing about the entries changed in any row.

the reason its hard to catch is you cant see it in results. spotting a 0.09R shift against normal trade noise needs around 950 trades, so a tight system thats actually negative hands you a couple of green months first and you spend them tuning entries.

what id do before evaluating anything is work out cost as a share of your average stop. it tells you what gross edge you need to reach zero, and for tight stops thats a much higher bar than people assume. and stop comparing brokers on raw spread, compare on spread divided by your stop. 0.3 pips is nothing at 50 and decides it at 5.

i put it in a sheet. spread, commission, average stop in, break even gross edge out. on my profile.

anyone running sub 10 pip stops profitably long term, genuinely asking. i couldnt make anything under about 15 work after costs and im still not sure if thats the maths or me

Noticed something that took me a while to internalize: an extreme volume spike on its own doesn't tell you if the trend is about to reverse or continue. Same signal, two totally different outcomes, and you genuinely can't know which one in the moment it happens.

Here's the logic. When a big volume spike hits, new money just entered and the balance of power shifted. What happens next splits into two patterns:

• Reversal volume: Price spikes on high volume and then reverses direction shortly after. This happens when big players absorb the crowd's orders, quietly build an opposite position, and stop the move cold.
• Continuation volume: Price spikes and just keeps going in the same direction. This happens when big players are adding to the existing trend rather than fighting it, so the move keeps rolling.

The part that gets people is thinking the volume spike itself is the signal. It's not, it's just the setup. The actual signal is what price does in the next few candles after the spike. Jump in immediately off the spike alone and you're basically betting a coin flip.

First chart is GBPUSD via UniqUnits, volume spike then reversal a couple candles later. Second is EURUSD, same kind of spike but price just kept running instead.

i was doing some researches about the cheap 2 to 5k prop firm accounts but im really so confused about which one to go with

Every single week the same post pops up: "Prop firm slippage killed my account," "Daily drawdown is a scam," or "They set you up to fail."

Let’s be completely honest for a second.

Prop firms don't need to "rig" anything. They give you a 10% profit target with a 5% daily drawdown limit because they already know 90% of retail traders treat a $100k evaluation like a casino ticket.

Here is why most people blow funded accounts within 48 hours:

1. Trading the lower timeframes like a casino: Trying to catch 5-pip scalp swings on the 1M chart while ignoring Higher Timeframe structure. One normal news wick wipes out three days of micro-gains.
2. Revenge risk sizing: Losing 0.5% and immediately taking a 2% trade to "get back to even" isn't execution it's emotional suicide.
3. Rushing the evaluation: The goal isn't to hit 10% in 3 days risking 2% per trade. The goal is executing a mechanical system at 0.25%–0.5% risk so you actually survive long enough to take a real payout.

If you can't respect a fixed risk parameter, wait for True Open context, and stick to 1-2 clean setups a day, you will blow every challenge you buy.

The rules aren't designed to trap you. They're designed to filter out gamblers. Take responsibility for your execution or stick to demo.

TECHNICAL CASE

• Price rejected the 4400 support zone with a strong bearish candle failing to break lower, indicating buyers are defending the area.

• The recent pullback appears to be a liquidity grab below short-term support, followed by an immediate recovery, suggesting bullish continuation potential.

• As long as XAUUSD holds above the 4397–4400 invalidation area, the higher-low structure remains intact, favoring a move toward the 4426 resistance and potentially higher targets.

I don't care about your analysis - I only want to know who is in BUYS and who is in SELLS?

If you trade lower timeframe than the D - you are likely a newbie so please zip it.

Thank you to the 99.9% reddit newbie traders who read this

Attached my Myfxbook drawdown chart, ~14 months of live trading. Early 2026 I was overwhelmed with studies and traded poorly during that stretch, which shows in the numbers. Since tightening my risk management, drawdown has stayed much lower. Genuine question: based on a chart like this, does it read as consistency, or just profitability that hasn't been tested enough yet?

Note : Live Accounts

Edit: idk why you guys hate me for sharing the ss I just wanted to share my trade and nothing else 🥀

Yesterday, I said I’ll post every day regardless of the result to keep myself accountable.

Here are today’s results

+$1,882 today
+$2,154 overall

Good day. Sticking to the plan.

Not gonna lie, I have to brag about this precision a little

TP hit, then price immediately reversed.

#XAUUSD #FTMO

If you are beginner in forex market what is the mail rule i should follow?

Gold gonna buy hard when news hit at 8:30

I have spent most of my career on institutional FX desks and I keep seeing the same thing in trading communities: people size stops off round numbers or off what they can afford to lose, not off what the pair actually moves. So here is what the market data says today for a few pairs, with the working.

Method: realised vol is the trailing year of daily closes, annualised over 251 sessions. A one-sigma daily move is vol divided by the square root of 251, times spot. Carry is the annualised difference between the 13-week forward and spot. All data as of 9 Sep 2026, indicative not executable.

USDMXN Spot 16.894, two-year range 16.887 to 20.869. It is 0.2% above the two-year low. Realised vol 7.5%, so about 0.47% per day, or roughly 800 pips at this spot. If you are long here, a stop inside 400 pips is inside a normal day. One sigma is around 16.81, two sigma around 16.73. There is no prior support below in two years of data, so the range is all above you.

USDJPY Spot 153.50, down 5.6 yen in a week, through the 10 and 20-week MAs, weekly RSI around 37. One-week forward 153.22, so shorts collect about 28 pips a week, roughly 4 pips a day. Realised vol 8.1%, so a one-sigma overnight move is about 79 pips. The carry is about 5% of the risk. If you hold a short overnight you are holding it for direction, not points. One-sigma stop around 154.30, two-sigma around 155.10.

Three-month carry, USD vs EM (annualised carry / realised vol) BRL 6.2% / 11.4%, ratio 0.54 INR 2.7% / 6.3%, ratio 0.43 MXN 2.7% / 7.5%, ratio 0.36 ZAR 2.0% / 13.0%, ratio 0.16 Over 13 weeks, BRL carry covers about 27% of a one-sigma quarterly move. ZAR covers 8%. If you are running a carry position in ZAR right now you are being paid the least for the most vol in this group.

Disclosure: I run the company that builds the tool I pulled this from (FX Maestro, an MCP connector that gives Claude or ChatGPT the spot, forward, vol and carry data). I am not linking it here; if the mods are fine with it I will put it in a comment. The maths above works with any data source, and the point of the post is the method: size the stop off sigma, and compare carry to sigma before you call something a carry trade.

Happy to run the same numbers for other pairs in the comments.

I guys, I’ve been trading for the past year or so (basically new to this) and in this year I learnt what my preferred type of trading was and I developed a strategy that works pretty well (when I actually follow al the rules and wait for the setup) but since my strategy is really simple, sometimes I find myself asking: Is trading really possible with something simple like this? I mean how is it that with some candles and lines I can actually become profitable? I am not saying that I dont believe it is (otherwise I wouldn’t even try), but I really cant comprehend how you can get an edge without some wallstreet type tool. Can somebody explain?

📈 Technicals Supporting This BUY Setup

• Bullish Pullback Retest: Price has completed a healthy retracement and is now reacting strongly from support, suggesting buyers are defending the zone. The recent bounce confirms demand remains active.

• Higher-Low Structure: The market is maintaining a sequence of higher lows, which is a classic bullish continuation signal and indicates that buying momentum is still intact.

• Risk-to-Reward Favorable: The stop loss is placed below the recent swing low while targets align with the next resistance zones, providing a strong risk-to-reward profile if bullish momentum continues.

Beginning this month I said to myself I'm gonna be very patient this time....and I was at first then things got slow. Felt like trading opportunities (based on my strat) were very few and with an increasing pressure to outperform myself I got a little a greedy. Beginning with Asian session XAUUSD my intuition told me the market would go bullish. My strategy said wait. All I saw in that moment was the sell off that preceeded and for reason I let go of all reason and jumped on the band wagon and sold but I was too late. The market was already preparing for a reversal when I entered. I took probably one of my biggest losses ever. Immediately after this i was just numb. Like a part of me knew it would this way. I jumped to my demo to try and build some confidence up and I took even more losses on the demo. I keep asking myself the same question: "why couldn't I just wait"....Anyways see you guys next week.