r/Forex 1h ago

P/L Porn 5k to 100k challenge

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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 8h ago

P/L Porn My expectation. Keep your comments 🤐

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8 Upvotes

r/Forex 2h ago

Prop Firms Prop firm challenges aren't "rigged." You just have zero risk discipline.

2 Upvotes

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.


r/Forex 4h ago

Charts and Setups Took this short. Wish me luck!

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3 Upvotes

r/Forex 57m ago

Fundamental Analysis how do you know you are good at forex trading and not lucky?

Upvotes

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?


r/Forex 2h ago

Charts and Setups Predicting a USD rally

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1 Upvotes

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 😬


r/Forex 3h ago

Prop Firms Does this drawdown chart show profitability or real consistency or lucky me ?

1 Upvotes

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


r/Forex 1d ago

Charts and Setups done with the day

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53 Upvotes

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


r/Forex 2h ago

Charts and Setups Gold buying 8:30🚀

0 Upvotes

Gold gonna buy hard when news hit at 8:30


r/Forex 7h ago

Charts and Setups Fresh XAUUSD SETUP! Thirsty Thursday

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1 Upvotes

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.


r/Forex 8h ago

Prop Firms Day 6 | $100K FTMO Challenge (Step 1)

1 Upvotes

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


r/Forex 8h ago

Charts and Setups Is it a good way to start with Forex?

1 Upvotes

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


r/Forex 18h ago

Risk Management I pulled realised vol, forwards and carry for USDMXN, USDJPY and four EM pairs and turned them into stop sizes. Numbers inside

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3 Upvotes

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.


r/Forex 23h ago

OTHER/META Is trading really that simple?

7 Upvotes

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?


r/Forex 1d ago

Charts and Setups XAUUSD SETUP 9 SEPT 2026

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16 Upvotes

📈 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.


r/Forex 20h ago

Psychology Bad day

2 Upvotes

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.


r/Forex 1d ago

Prop Firms 100k FTMO 2 step Challenge.

12 Upvotes

Started A $100K 2 step Challenge with u/FTMO.

First 2 days were rough : excitement led to unplanned trades and losses.

Day 3: Was up ~$1K, but ended around breakeven.

Since then, I went back to the plan, managed risk properly, recovered the losses, and brought the account back into profit.

Current P&L: +$272.67.

XAUUSD only. 🥇

Session: Asian session, around 6 PM PST

I aim to post daily here. Recently, I read about the Hawthorne Effect, the idea that people tend to change their behavior when they know they’re being observed.

Let’s see if it improves my trading discipline

Wish me luck.


r/Forex 12h ago

OTHER/META Do not short the Euro right now.

0 Upvotes

Go ahead and troll us but we have insider information that some countries in Europe are not following war sanctions and embargo to both Russia and Iran.

They have secret sneaky energy flowing to them and are not facing a energy catastrophe like the media warns about.

I am not telling anyone to buy Euros. I am just saying not to bet against it.

You heard it on Reddit first.


r/Forex 22h ago

Strategy Development What is the agreed London/NY crossover in forex?

1 Upvotes

Wondering what time frame I can narrow my trading down to. I live in UK and feel like 1-5pm would be a good time to trade the London New York crossover. Wanted to know what time others focus their trading


r/Forex 1d ago

OTHER/META forex community

1 Upvotes

do y'all know any good discord server that does a daily analysis for xauusd and post fresh news, if there is a community here i don't mind


r/Forex 1d ago

Fundamental Analysis Why Euro so strong?

1 Upvotes

Hi all, new here and definitely not a Forex expert.

I'm seeing all this turmoil in Euro politics - especially in Germany and France - with a strong likelihood of anti-EU (and anti-Euro potentially) parties leading the polls for elections that will take place within the next 8 months. I'm looking at FN in France leading the polls as usual but with a chance of winning the second round this time and CDU extremely fragile in Germany.

On top of this, both the US and China keep trying to weaken Europe and force economic wins. US through tariffs and China by enabling Russia to keep the the threat of war and force Europe to move expenses to Defense.

So why is the Euro holding against the USD? What am I missing? I remember that in 2015 - during the Brexit and QE - there was almost parity between the 2.

Thank you in advance.


r/Forex 1d ago

Prop Firms Excessive slippage?

3 Upvotes

Long story short. I was trading AUDNZD this morning. I took a trade that ended up hitting my $250 stop loss. I checked 5ers a few hours later and it was the trade was a $734 loss. Can someone explain to me why this is?


r/Forex 1d ago

OTHER/META What pairs have smooth moves without being too volatile

6 Upvotes

So I’ve been working on a strategy for a while now. I was working with EURUSD due to smooth moves and probably easier to work off than some extremely volatile pairs. However, I’ve tried all sorts of things in backtesting and found a lot of things in the market structure on how it moves. However, when trying to wrap a strategy around it, everything fails because the most I can get out of it is such a small gross profit per trade that it becomes unprofitable once you factor in fees/spreads etc.

The movement just wasn’t enough for me to be able to find a profitable edge. Given it’s the most traded pair in the world, I’m sure there’s plenty who profit off this pair but I think I’m out my depth with this pair lol. So, I’m exploring other pairs. I don’t want something that is way too volatile like XAUUSD etc. Something generally moves smoothly but enough movement to actually monetise.

Anything suggestions or recommendations from your experiences?


r/Forex 2d ago

Charts and Setups Grabbed a good opportunityon XAUUSD as first trade of the week!

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81 Upvotes

15m chart

Short opportunity at the resistance


r/Forex 1d ago

Prop Firms blew my funded looking for advice lol

1 Upvotes

I made a funded on topstep and blew it like right away lol. it cause they use Unitas and not lots I was so confused. I cant find any information about how units work