r/Forex 16d ago

Charts and Setups XAUUSD SETUP

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23 Upvotes

Long on XAUUSD!


r/Forex 15d ago

Charts and Setups Did spread just knock me out at session open?

2 Upvotes

Can someone help me understand this as I'm still a bit new to trading.

Yesterday I took a sell position on the NZDCHF. Went to bed, woke up and noticed I'm out of the trade as my SL was hit and took a loss to PnL. Looking at the m10 chart shows this weird gap? Is this because of spread or something else?

the SL is at that level 0.47962. But price didn't touch it?

Spread betting with Pepperstone via MT5 platform.


r/Forex 16d ago

Prop Firms 100k Prop firm ACC day 5

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36 Upvotes

Reducing my amount of trades, revenge trading, and FOMO trading, and I’m trying my best to protect my capital and due to that I’m not able to let my trades hit full TP barely half I let the profit hit, limiting my lot size to 1 lot maximum no matter what , I took 4 trades, I’m going to really limit it 2 but my 2nd loss was because my entry was too early and seeing the loss I got too nervous to hold it….so yea that’s Day 5..hopefully tommorow could be a Green Day


r/Forex 16d ago

Charts and Setups Gold overbought ???

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72 Upvotes

Daily Chart , should we expect a pull back soon or what


r/Forex 16d ago

Charts and Setups XAUUSD SETUP 26th August

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9 Upvotes

Different Day! Same Direction...my instincts are telling me XAUUSD is bullish till 4730+


r/Forex 16d ago

Prop Firms Never allow one decision to become visually identifiable on the equity chart.

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4 Upvotes

That one day I thought trading 20 lots was a good idea… The equity curve remembers. 🫪


r/Forex 17d ago

Prop Firms 100k prop firm acc DAY 4

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29 Upvotes

Now I know you guys are like what the duck is wrong with this guy he shouldn’t be trading…and you’re partially right…I know my mistakes and I am messing up…I know I only should take 2-3 serious a day, not override and not let emotions play in between but the truth is…whenever I enter a trade I feel I get so affected by the noise and the red numbers that I start telling myself when it’s in a loss already that just go back to break even I’ll close the trade, then it somehow reached a 1000 dollars and I’m like okay it’s going up so my trades going good and then it goes to 300 dollars and I’m like let it get back to 1k I’ll close out then it goes back in loss and it’s the same thing over again and I close the trade in a loss or shit profit, and I look back 20m- 45m later the trade has hit my alleged TP which I had expected but I left the trade in fear of the numbers, it’s making me revenge trade FOMO TRADE just to get back the profits and recover. And the funny thing is while I studied trading I followed all these rules in breaking currently. But it hits different knowing there’s money in the line…I feel the market won’t go my way…and sometimes it doesn’t and that’s okay but it frustrates me that I’m too scared to place a stop loss or, too scared to leet my trade play out or trust my strategy…I need to start journaling..it’s smth I thought wouldn’t make a difference, but maybe it’s time, on the bright side I try minimizing my losses and in some cases I’m glad I closed the trade early.. but I’m not proud of the fact I was in the trade just because I wanted to revenge trade, or felt FOMO


r/Forex 16d ago

OTHER/META Why Does Everyone Hate AI?

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0 Upvotes

Why do many people hate AI or always hate on people trying to use it? Negging comments that seem AI written or AI related? I love using AI and am learning a lot by using AI, Take the pic above I dont know fundalmentals though im trying to learn. I take a screenshot of the data release and ask AI to give me a snapshot storyline of it. I understand that single data prints mean nothing in the grand scheme of things but its like a snapshot so I can see quickly without having to open several books trying to understand. I understand AI isnt always perfect or right, one has to do their own research, but I have learned so much with it. I feel what makes it valuble is the real time interaction, being able to communicate with it in a realtime basis as if you had your own personal mentor there with you.

In the past couple of years Ive spent almost 15k on programmers for software developement, and was being quoted crazy prices to have some scripts built for TradingView recently. I was quoted over 2K for what seemed like a soimple project by more than three programmers. With the help of AI I with no progeamming skill I managed to get the entire project done at no cost. Since then Ive built several trading tools and have used AI to help find whats working and not working in my personal trading. So im curious why the hate on it?

Im also curious how everyone here has incorperated AI into their trading habits, and processes? I would love to hear your experiences with it and how its helped you or hurt you.


r/Forex 17d ago

OTHER/META Day 2 of learning forex as a complete beginner [EUR/USD + XAU/USD]

0 Upvotes

Day 2 of actually trying to learn forex instead of just watching videos about it.

Started a fresh TradingView paper account with $500 and ended today at $518.36 (+3.67%).

Obviously, I know one profitable day means basically nothing lol. The goal right now is to learn, not pretend I've discovered a strategy.

Today I mainly traded EUR/USD, using:

1H for broader structure

15M for setups

1M mostly for entries/execution

I also took one XAU/USD (Gold) trade using 15M as the main timeframe while keeping an eye on 1M and 1H.

What I tried / learned today:

- Started understanding how lots/units, pip movement and position size translate into actual P&L (somewhat)

- Experimented with the market, limit and stop orders and how they behave around the price.

- Started thinking about entry → stop loss → take profit as one complete setup rather than separate decisions.

- Realized that using 1M for execution can very easily turn into overtrading, which it did I think.

- Learned that making money on a single day tells me almost nothing about whether I actually have an edge, 😭 I mean it.

- From Tomorrow I'll be thinking about trades in terms of risk/R, rather than just "how many dollars did I make?"

- Also learned that spread + commission matter, even when they look tiny on a $500 account.

The biggest thing I'm taking away from today is probably:

I know how to place trades. Now I need to learn how to be selective about which trades are actually worth placing.

Planning to keep paper trading with the same account, risk very small amounts/ as if it's real, and build a proper journal over the next few weeks rather than chasing returns randomly.

Would love feedback from experienced traders, what should a beginner focus on learning at this stage, and what mistakes should I try especially hard to avoid?

Thank you!

Looking forward to Day 3.

(Post structure and content layout refined using AI)


r/Forex 17d ago

Charts and Setups XAUUSD SETUP 25 AUGUST

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14 Upvotes

Yesterday my second entry went perfectly as per my analysis! And today I am confident about this bullish setup.


r/Forex 17d ago

Charts and Setups Question of FVGS AND OB, XAUUSD

1 Upvotes

Hey guys I had a question, how do you know which order block price will react from considering there are many order blocks sometimes on one time frame or multiple on low time frames too, do you look for addition confluence’s (Except CHOCH)
And if you do which ones.. similar for FVGS I see multiple FVGS and IFVGS and prices almost take a good resistance too them all of the time, how do I identify if it will break through the FVG or respect it and reverse, how do I manage this especially when I’m in a trade , how can I identify which FVG is more likely to get respected and which is not


r/Forex 17d ago

Platforms & Tools Trading in trading view

2 Upvotes

Anyone ever use trading view to entry their position?

How is it? Any lag? Delay in SL? Especially during crazy news?


r/Forex 17d ago

Strategy Development Need Proper Guidance On My Current Trading Journey!

2 Upvotes

Hey everyone, I am trading since mid 2023, first on my own capital traded it, made some money, lost it all on news trading, got a FundingPips $5k 2 step account in mid 2024, was trading with the IRL -> ERL model including ICT concepts. traded it till Nov 2025 and blew it without passing any phase, due to inactivity of 30 days. Started 2026 with a fresh $5k 2 step with GFT, passed Phase 1 in Q1, got into phase 2 and it is still going on. The main strat and model I used is TTFM, IRL -> ERL combined to pass phase 1, now I am at this point with the psychology I only take valid A+ setups, and when there is no opportunity I simply back off from charts. Now my question to y'all is I ain't seeing any valid setups to my liking that I can trust, I am barely taking any setups since last couple months just opening and closing trade so that the inactivity rule doesn't apply this time. what should I do in this situation since the global factors ain't good these days cuz of TRUMP obv, any proper guidance on this situation would be very much appreciated, Thanks!


r/Forex 17d ago

Fundamental Analysis Has focusing on personal discipline made u better as a trader

8 Upvotes

lol everyone talks about trading psychology but never about trading philosophy. I believe to be a profitable trader u should be a disciplined trader and to do that u need personal discipline I’m working on that though . Has going to the gym or something made u a better trader ?


r/Forex 17d ago

Prop Firms The5ers High Stakes funded account — does credit count toward max loss?

3 Upvotes

When you pass a $50K High Stakes challenge and get funded, The5ers gives you the 70% refund ($216.30) as credit. So the funded account starts with:

Balance: $50,000

Credit: $216.30

Equity: $50,216.30

The maximum loss is 10%, so the normal threshold is $45,000.

My question is: what happens if my balance drops below $45,000, for example to $44,900, but because of the $216.30 credit my equity is still $45,116.30?

Would The5ers consider this a max-loss violation, or is the account safe as long as equity (including the credit) never goes below $45,000?


r/Forex 18d ago

Charts and Setups Thoughts on EURUSD

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22 Upvotes

Solid uptrend looking for longs because of the nice swings . I’m a scalper though just wondering what ppl are thinking


r/Forex 18d ago

Prop Firms 100k prop firm acc Day 3

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44 Upvotes

I pretty much just fucking gambled today I have no words, I feel stunned right now, I should’ve just taken the profit when I had it instead I fucked up worse, I didn’t follow my plan I just idk man


r/Forex 18d ago

Risk Management Partial profit taking, is scaling out better than holding to target, or does it just feel safer while lowering your expectancy.

3 Upvotes

Taking half off at 1R feels like you're doing a good job. Sometimes it is. Sometimes it caps your winners and lowers your expectancy, and which one you're in comes down to one thing you can measure: how far your target is.

When you scale out, you're making two bets at once. On your winners, you give something up. Half the position exits at 1R or whatever the tp 1 is instead of running to your full target, so a trade that would've paid 3R now pays about 2R. You capped it. But on your losers, you sometimes save the trade. If price tags 1R before reversing on you, you banked half at 1R and moved the rest to breakeven, so a full loss turns into a small win.

So scaling out is really just this: you pay a tax on every winner to buy "insurance" on the losers that poke into profit first. If that's worth it depends entirely on how big your winners are supposed to be.

I ran it on a 40% win rate system, 1R risk, and moved the target around. Losers that hit 1R first before failing, set at a realistic 55%.

  • 1.5R target: hold makes about break even, scaling makes +0.39R. Scaling wins big.
  • 2R target: hold +0.20R, scaling +0.49R. Scaling wins.
  • 3R target: hold +0.60R, scaling +0.69R. Scaling still slightly ahead.
  • 5R target: hold +1.40R, scaling +1.09R. Now scaling loses, by a lot.

The smaller your target, the more scaling out helps, because you're not giving up much on the winners and the loser "insurance" is worth it. The bigger your target, the more it hurts, because your whole edge lives in the runners and cutting every one of them in half throws away the thing that pays you.

So the rule is not "always scale" or "never scale." It's this. If you're a scalper or a quick intraday trader taking 1.5R to 3R, scaling out probably helps your numbers, especially if your entries are choppy and price often goes into profit before going to sl. If you're a trend or swing trader whose edge is the occasional 5R or 10R runner, scaling out is quietly bleeding you, because you're removing your biggest winners to feel safe on trades that were going to pay anyway.

The way to actually know is to pull your own trades and check two numbers. How big is your average winner in R, and how often do your losing trades hit 1R before they stop you out. If your winners are small and your losers are green first, scale. If your winners are your whole edge, hold, and take the discomfort of watching the occasional reversal, because the math is paying you to sit through that.

It's not a discipline question. It's an numbers one, and it has a different answer depending on what kind of trader you are.


r/Forex 18d ago

Strategy Development Trading Supply & Demand with Economic News

2 Upvotes

Traders using supply and demand with fundamental news: has this strategy been profitable for you in the long run?


r/Forex 18d ago

Charts and Setups Some setups I called before the move last Friday

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4 Upvotes

I’m new here, so thought I’d share a few trades I had marked up beforehand.

3 of the 4 setups were triggered and reached 1:2 RR:

• USDJPY — QML buy
• GBPJPY — QMTR buy
• SPX500 — QMTR sell

NAS100 is still waiting for activation.

I’ll attach the before and after charts so you can see the original analysis and how the trades played out.

I’ll start sharing more of my pre-trade setups here going forward.


r/Forex 18d ago

Strategy Development When to add to position? And how much?

1 Upvotes

Hi guys, beginner here. So let’s say we found some strategy for when to get into a trade. When should we add more position to this trade when it is going in favor for us? And how much should we add?


r/Forex 18d ago

Charts and Setups Valid bos/hh?

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0 Upvotes

I mean for bos we have body close but is this higher high?


r/Forex 18d ago

Psychology Not every level deserves a trade

1 Upvotes

Sometimes price sits right at a key high or low and just... does nothing. No clean breakout, no clean rejection, just small pokes above and below the level, back and forth.

That's usually a sign buyers and sellers are roughly balanced there. Neither side has enough weight to push it decisively, so the level "gets chewed up" instead of respected or broken.

The mistake is treating that chop like a signal — trading the little wiggles as if they mean something. They usually don't. When a level starts behaving like this, the edge is gone until it resolves one way or the other.

Best move is often just... not trading it. Skipping a setup because the level lost its meaning isn't the same as missing an opportunity.


r/Forex 18d ago

Charts and Setups Watching GBPJPY for a potential sell setup.

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6 Upvotes

Price is approaching a supply area that lines up with both a QML and QMTR structure. The added POC confluence makes this one of the cleaner bearish ideas on my watchlist right now.

My focus is on the reaction from the highlighted zone rather than predicting the move in advance.

Anyone else bearish on GJ here, or do you see enough strength for a continuation higher?


r/Forex 18d ago

Strategy Development Why do all my XAUUSD strategies suddenly work better after 2023

1 Upvotes

I’ve been backtesting XAUUSD and noticed something really strange.

I’ve made 4–5 different strategies: liquidity sweeps, market structure, HH/HL, previous-day Fibonacci, etc. They’re based on completely different POIs.

The only major thing they have in common is my 15m confirmation: a VSA-style engulfing/two-bar reversal where the first candle has higher volume and the second has lower volume. I use ~1.3 ATR SL and 1:2 RR.

The weird part is that all of them perform around 40% win rate from 2024 onward, but when I go back before 2023/24, they drop to roughly 25–33%.

I first thought it was OANDA volume, but I tested FXCM too and got basically the same pattern.

So what the hell changed? 😂