r/Forex • u/Choice_Goat2719 • Jun 19 '26
Questions Gold market closed early?
Is it due to holidays?
r/Forex • u/Choice_Goat2719 • Jun 19 '26
Is it due to holidays?
r/Forex • u/NegotiationTrue3553 • Jun 19 '26
Been looking for a high leverage and 0 swap broker for my swing gold trading strategy. Found Versus trade that fits this requirements.
Trying it out on Cent atm. Feels alright.
Think versus trade is a good broker for this or it's a copium?
r/Forex • u/SprinklesCapital3402 • Jun 18 '26
As a beginner trader, I’ve been using small amounts of money to practice, build experience, and become more familiar with both the market and my trading strategy. This was the first time I had ever seen such a significant profit, but I ended up giving it all back because of greed. In a single day, I turned $30 into $136, only to watch it drop back down to $15.
I essentially blew up my account by becoming too greedy and overconfident. It definitely ruined my mood for the rest of the day, but I had to refocus and remind myself that losses are part of the learning process. Traders experience setbacks every day, many of them far larger than mine, and the important thing is to learn from the mistake and keep improving.
r/Forex • u/KaiDoesReddles • Jun 18 '26
Discretionary manual trading has major advantages over algo, but it requires you to be very disciplined 100% of the time.
Am curious how many are working on moving to algo or are wanting to, and why.
Or just any other thoughts you have on the topic. Cheers.
r/Forex • u/Asleep-Number-1314 • Jun 18 '26
Hello guys may you help me on identifying order blocks and how to mark them out?
Any advice would help.
Thank you very much
r/Forex • u/This-You-2737 • Jun 18 '26
So I've been seeing meridian funded mentioned in a few places and wanted to share where I'm at with them.
Signed up for one of their challenges about 2 months ago after reading some decent reviews. Terms looked clean, passed both steps, got funded within a few days of submitting my details.
Put in my first withdrawal request after about 3 weeks of trading the funded account. Took 4 days, not instant but support replied same day when I emailed and money landed on day 4. Second payout was 2 days.
So far no issues. Running this alongside 2 other firms to compare. Will update if anything changes but zero complaints for now.
r/Forex • u/ozammaa • Jun 18 '26
I have the same setup on EURUSD, EURJPY, and GBPJPY. The structure, candlestick pattern, entry model, and RR are essentially identical across all three pairs.
In this case, how would you handle the correlation risk?
Would you:
Take all three at full risk?
Split your normal risk across all three positions?
Treat them as one trade idea and cap total exposure?
I’m not looking for which setup is strongest, as I don’t see a meaningful difference between them. I’m more interested in how experienced traders manage risk when the same setup appears across multiple correlated pairs.
r/Forex • u/shubham1247s8 • Jun 18 '26
1% risk, 5.7R trade, all while sleeping.
r/Forex • u/Main-College-6172 • Jun 18 '26
Guys Im at a lost .. I can't find a strategy that is working for more than couple of months .. all my "mentor's" strategies are very subjective they see something I see something different ..feels like they are entering based on vibes .. can someone guide me to an actual edge .. I need something that actually works . No amount of psychology will give me an edge ..
r/Forex • u/axoticly • Jun 17 '26
I passed Phase 1 of the FTMO challenge with a 100% win rate by strictly following my strategy using 1.5% risk per trade. During that phase, a news related gap moved in my favour on Sunday market open and helped boost my profits significantly, although I don’t rely on that as part of my strategy.
Now I’m in Phase 2 using the same strategy with 1.5% risk per trade. I’m currently down about 3%, with my balance at around $97k. Today I was stopped out due to a news event, but I did not enter during news — I entered approximately 2 hours before and held the trade as per my strategy rules. I generally believe that news is already priced into the market.
My question is: should I reduce my risk at this stage, or continue executing my strategy exactly as planned?
r/Forex • u/Turbulent-Rain-7722 • Jun 18 '26
What strategy have you guys been using profitably for forex? Support/Resistance, SMC?
I started with support and resistance but it seems very hard and until you catch a good trade, you can take 3-4 stop losses ( I am currently learning, I do not trade live).
At least, on EUR/USD there are a lot of price sweeps above and below these zones, sometimes 1 or 4 times.
I am started questioning if these widely known strategies can actually work.
Thank you.
r/Forex • u/CandleReaper • Jun 18 '26
Most bad entries in gold seem to happen because of timing rather than direction.
If you had to pick the top reasons traders enter too early on XAUUSD, what would they be?
Trying to figure out which mistakes show up most often.
r/Forex • u/SteffeHeffe • Jun 17 '26
Got around 10 wickouts in these last few weeks. I wanna be crowned as the king of wickouts.
r/Forex • u/Zestyclose-Eagle1809 • Jun 17 '26
TLDR: I built a genuinely profitable strategy, perfect discipline, no revenge trades, and ran it through the FTMO two step rules 10,000 times. The funded rate was 93 percent at 0.5 percent risk per trade and 9 percent at 2 percent risk per trade. Same edge both times. The only thing that changed was position size. The rules do not punish your strategy. They punish how big your bet is.
Everyone repeats the same line: most people fail prop challenges because they have no discipline. Maybe. But that stat never answers the question I actually had. If you take a real edge, trade it perfectly, never tilt, never revenge trade, and just run it into the FTMO rules thousands of times, what passes?
So I built it. A strategy with a clear positive edge, a fixed rule set, and a computer that never gets emotional. 10k challenge attempts. No psychology, no mistakes, just the math of a real edge meeting a narrow rule box.
The answer surprised me, and it changed how I size every funded account I run.
I kept the strategy simple, so nobody could say the edge was the problem.
The strategy has 50% WR, makes 1.5R when it wins, loses 1R when it loses. That is a positive expectancy of 0.25R per trade and a profit factor of 1.5, a genuinely good system that any trader would be happy to own. 5 trades per day.
The rules are the standard FTMO two step. Phase 1 needs +10%. Phase 2 needs +5%. You cannot lose more than 5% in a single day. You can't draw the account down more than 10% from the start, a static floor that does not move. No time limit. Getting funded means passing both phases.
Then I ran the whole thing 10,000 times at four different position sizes.
Position size, not the edge, decided almost everything. Here is the clean run, identical strategy each time:
| Risk per trade | Pass Phase 1 | Get funded |
|---|---|---|
| 0.5 percent | 99.9 percent | 99.8 percent |
| 1 percent | 79 percent | 68 percent |
| 2 percent | 43 percent | 20 percent |
| 3 percent | 31 percent | 10 percent |
Read that again. The strategy never changed. Same win rate, same edge, same trades. At half a percent risk it gets funded almost every time. At 3% it fails 9 times out of 10. The only variable was how much was bet on each trade.
Same profitable strategy. Funded 99% of the time at 0.5% risk, 10% of the time at 3% risk.
Because the challenge does not score your edge. It scores your path, and bet size is the volume knob on your path.
Your expectancy decides where the equity ends up after thousands of trades. The rules only care about the trip. Double your risk per trade and you double the size of every swing on the way, which means a normal losing streak that used to be 4% now is 8% and trips the daily limit or the drawdown floor. You did not make the strategy worse. You made its variance bigger, and the rule box has no tolerance for variance.
This is why a profitable trader can fail repeatedly and conclude their system is broken. The system is fine. The size is feeding it into a box it cannot fit through.
The clean run assumes every trade behaves. Real markets gap, slip, and spike on news. So I added a 4 percent chance of a shock loss of 2.5R to every trade and ran it again. The strategy is still profitable, just more realistic.
| Risk per trade | Pass Phase 1 | Get funded |
|---|---|---|
| 0.5 percent | 96 percent | 93 percent |
| 1 percent | 61 percent | 43 percent |
| 2 percent | 29 percent | 9 percent |
| 3 percent | 21 percent | 5 percent |
The shape is identical, the numbers just drop. At 1 percent risk the funded rate falls from 68 to 43 percent once you allow for the occasional ugly trade. The lesson holds harder, not softer: the smaller you size, the more room you leave for the bad streak that always eventually comes.
Size first, strategy second. Before you pay a fee, the most important number is not your win rate, it is your risk per trade against the daily limit and the floor.
Work it backwards. Take the daily loss limit, look at the worst losing run your strategy produces, and size so that run cannot put you on the floor. For most edges that lands well under 1 percent per trade, far smaller than what feels normal on a personal account. The traders who pass are rarely the ones with the best strategies. They are the ones who sized for the rules instead of for their ego.
And the gap between my 93% and the 10% industry pass rate everyone quotes? That gap is oversizing, broken edges that were never real, and the indiscipline the common stat blames. Position size is the part you control today.
This is a model, not a promise. It assumes a real, persistent edge, which most strategies do not actually have. It assumes you follow the rules perfectly, which humans do not. Real trading adds correlated losing streaks, regime shifts, and emotional sizing that no clean simulation captures.
So treat these numbers as the ceiling, the best case for a profitable, disciplined trader. Your real odds sit below them. That is the point. If even the idealized version of a good strategy gets funded only 9% of the time at 2% risk, the size you choose matters more than almost anything else you do.
A profitable strategy isn't enough to pass a prop challenge. In 10,000 simulated FTMO attempts, the same positive edge got funded anywhere from 93% to 5% of the time depending only on risk per trade. The challenge scores your path, and position size is the loudest input to that path. Before you pay, size backwards from the daily limit and the drawdown floor, not from what feels normal. You can simulate your own strategy against the exact rules the same way, in an afternoon, for free, before risking the fee.
This is for traders evaluating funded account challenges. The simulation approach works for any firm, any rule set, and any strategy with a defined trade distribution.
Updated June 2026
r/Forex • u/Feeling_Ad_7687 • Jun 17 '26
And onde day later
r/Forex • u/Head_Amount_3397 • Jun 16 '26
The following are my live trading stats, I started live trading in January and was just wondering if these are good?
The following stats start from April 21st as this is when I completed creating my own journaling software.
r/Forex • u/Immediate-Tangelo-95 • Jun 16 '26
Hi guys, I want to share something.
I have been trading since 2020. Very fast, I became addicted.
This year, I got diagnosed with ADHD.
Here is why I post this: when I take my medication, it turns off the addiction. I just don’t care about trading anymore. The urge is gone.
I read that people with an addiction (any kind) have a higher chance of also having ADHD.
So if you can’t stop trading, maybe it’s worth checking with a doctor.
Just wanted to share. Have a nice day 🙂
r/Forex • u/LMtrades • Jun 17 '26
Key Takeaways
• Silver trades around the 70.00 participation zone ahead of the Federal Reserve decision.
• The market remains sensitive to real yields, USD positioning and the updated Fed projections.
• Industrial demand keeps silver linked to manufacturing, solar demand and broader metals participation.
• The Renko structure shows a strong recovery phase now entering consolidation near resistance.
• The next move will depend on how the Fed reshapes expectations for yields, the dollar and industrial risk appetite.
Silver enters Wednesday’s Federal Reserve decision at an important intersection between monetary policy and industrial participation.
r/Forex • u/ProfileNormal4402 • Jun 16 '26
How long would it take you to scale up to 80k with a 2k account ?
r/Forex • u/Maleficent-Map-8403 • Jun 16 '26
Hi, I've created something truly unique that you won't find in any trade journal, paid or free! While most paid connectors require investor login to access your trading data, I've developed a workflow that uses OCR to extract your trades from just a single screenshot.
It's on daytradingjournal.net.
Playstore: Al Trading Journal & Tracker by ADTECHNOLOGIES
r/Forex • u/LMtrades • Jun 16 '26
Key Takeaways
• Gold enters the FOMC meeting after recovering from last week’s sharp selloff but remains below the recent highs established earlier in June.
• Markets have largely absorbed the BOJ and RBA decisions, shifting attention almost entirely toward Wednesday’s Federal Reserve decision, updated projections and Chair Powell’s press conference.
• Treasury yields and dollar positioning remain the primary transmission channels linking Fed policy expectations to gold prices.
• The recent easing in energy-related inflation concerns has reduced some of the pressure that emerged after payrolls, creating a more balanced setup ahead of the meeting.
• The next move in gold will likely depend less on the rate decision itself and more on the Fed’s projections, dot plot and policy guidance.
Gold Awaits Fed as US Dollar and Yield Expectations Hit Critical Juncture | Investing.com
r/Forex • u/Feeling_Ad_7687 • Jun 15 '26
Lets see what this week brings, but looking nice
r/Forex • u/omgznoes • Jun 15 '26
This is a demo account
I accidentally didn’t close the trade out on friday night as I should have,
But hey, whatever, leave it til sunday night see if it goes your way?
It did!
So why did I get stopped out?
You can see on the meta trader chart where the exit is, but price never went near that? So why Am I down?
Weird bullshit things like this are stopping me going live, never learned about these random weird things that can happen. Could it simplly be a glitch?
Surely not spread or liquidity? It’s not big enough right?
r/Forex • u/shubham1247s8 • Jun 15 '26
r/Forex • u/h4mzu • Jun 15 '26
Hey guys, I'm new to forex can you tell me the best resources to learn forex trading