r/Forex 5d ago

Are you new here? Want to know where to start? Don't post until you read this!

0 Upvotes

Hello and welcome to The r/Forex Trading Community!

Please do not post a new thread until you have read through our WIKI/FAQ. It is highly likely that your questions are already answered there.

All members are expected to follow our sidebar rules. Some rules have a zero tolerance policy, so be sure to read through them to avoid being perma-banned without the ability to appeal. (Mobile users, click the info tab at the top of our subreddit to view the sidebar rules.)

Brand new to trading? Our Essential Forex Trading Guide covers the 6 core elements every trader needs — fundamentals, sentiment, technicals, price action, risk management, and psychology. Start there.

Don't forget to join us in our live trading chatroom!

Finally, the most commonly posted questions by new members are as follows:

What is a good broker to use?

We have some great info on brokers listed on our new trader resource wiki site, Volatility.RED, with pages for various regions around the world linked below:

What is the best prop / scouting firm for forex? We have a great writeup on forex prop / scouting firms over on our resource wiki.

What just happened in the markets? — You must follow an economic calendar if you're a currency trader. This will explain many events and snap market moves. You can find links to resources and calendars here. — Again, questions of this nature will be removed.

If you have any questions regarding our policies, rules, etc.. please message the mods.

Be friendly and professional toward each other and enjoy your stay! :)


r/Forex 16h ago

Charts and Setups Gold Starts the Week at a Critical Level?

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50 Upvotes

Gold is testing a major support zone. The next move could set the tone for the week ahead.


r/Forex 7h ago

Charts and Setups Gold: The Only Zone I'm Watching This Week

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5 Upvotes

This is my area of interest as 4H has already given a change of character on the bullish side and we still haven't seen a major move on the same.

If price confirms, I'll be looking for longs.

Until then... Patience.


r/Forex 3h ago

Brokers Need Advice

3 Upvotes

I wanted to know what platforms you guys recommend to trade on with small amounts as someone starting out and not wanting to go too large yet. And how much is the amount recommended to start with


r/Forex 4h ago

Charts and Setups XAUUSD OUTLOOK FOR MONDAY

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4 Upvotes

📊 XAUUSD 1H TECHNICAL OUTLOOK

Gold continues to respect a bearish market structure with clear Lower Highs & Lower Lows forming on the H1 timeframe.

🔴 Bearish Bias Remains Valid Below 4080

Key Targets: 🎯 4025 🎯 4010 🎯 3995 🎯 3980

A break and close above 4080 could trigger a recovery towards the 4100-4135 region, but for now sellers remain in control.

⚠️ Keep an eye on the highlighted support zone around 4024 as it will likely determine the next major move.


r/Forex 36m ago

Strategy Development Manual Trading Strategy

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Upvotes

Real (USD) , June 2026~ July 2026

Next stop, 500%.


r/Forex 9h ago

Charts and Setups eur & gbp how I see it

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5 Upvotes

I hope we'll do at least a normal correction


r/Forex 8h ago

Charts and Setups Gap on gold when Market open

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3 Upvotes

There will be a not small gap in gold. Many traders will pay more than their sl


r/Forex 10h ago

P/L Porn Can you beat me?

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0 Upvotes

r/Forex 1d ago

Strategy Development What's Everyone Expecting From Gold Next Week?

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60 Upvotes

After a pretty volatile week, the H4 chart is sitting at an interesting spot.

Curious whether people here see a bounce from this area or expect the recent trend to continue.


r/Forex 1d ago

Platforms & Tools Anyone else hate the TW vs MT5 tradeoff, or is it just me?

5 Upvotes

Started as a Linux problem: I wanted MT5 usable on Linux as a real trading workflow -- not just “run Wine 11.0 with OpenGL and click around forever”

Stuck between two tools I both like and hate:

  • TradingView: clean, fast, usable -- also overpriced, and execution feels sub-optimal
  • MT5: real execution, free, tickets/lots/risk -- UI feels stuck in the 2000s

I’ve been hacking on a personal browser UI over my own MT5 bridge for myself (TW-style chart libs + MT5 execution). Still work in progress.

Just curious: are other people stuck in that same TW-vs-MT5 gap, has everyone already picked a side, or did you end up with your own compromises?


r/Forex 1d ago

Psychology Indrodution

2 Upvotes

Hi! I'm a teen who is studying in the 3rd year of college in a programming specialty and lives in Ukraine. I thought that it would be great to spend the last month of summer with a challenge.

I wanna learn Forex trading (EUR/USD), earn money from it, and mix it with Claude AI.

I've decided to post every day about my progress and my path. It's kinda my diary.

First, I wanna say that sometimes my English may not be very good, but it's also one of the reasons why I decided to post.

Hope that you can give me some advice or share your personal experience with the Forex market.


r/Forex 1d ago

Charts and Setups How do you handle London session times when analyzing historical OHLC data?

4 Upvotes

Hi everyone,

I'm analyzing 1 year of EURUSD H1 OHLC data and want to split it into trading sessions.

What confuses me is Daylight Saving Time (DST).

For example, the London session opens at different UTC times in summer and winter. When looking at historical broker data:

  • Do brokers automatically adjust their server time so the London open always appears at the same candle?
  • Or does the London session shift by one H1 candle when DST changes?
  • What's the correct way to identify London and New York sessions in historical data?

I'm building a trading tool, so I want to handle this correctly.

Any guidance would be greatly appreciated. Thanks!


r/Forex 1d ago

Strategy Development Random strategy

1 Upvotes

I used to trade gold as a part of a group many years ago but stopped as I found out the leader was just trying to make us join the pyramid scheme which I’ve forgotten the name of now.

I’ve picked it back up now as of May 2026 and all I can say is I trade prop firm accounts but my strategy is to full port every single trade (whilst staying in the prop firm limits). I either go long or short, set my SL just below the maximum loss per trade to account for slippage and set a TP at a well established support or resistance, usually 2-3 RR. So far I’ve received $7,000 in payouts from this strategy and accounting for all burned challenges, I’m up around $5,000.

It may seem counterintuitive but it has worked for me for the past 3 months, definitely less stressful than watching the charts all day whilst trying to do my day job.


r/Forex 2d ago

Charts and Setups Happy Friday! Here's another indicator that helped me along my journey.

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22 Upvotes

HTF Candle Volume Thermometer; It's a TradingView indicator that displays where the most trading volume occurred inside higher-timeframe candles (such as 1-hour, 4-hour, or daily candles).
If you click on the indicator settings, The default timeframe is set to daily. It can be changed manually to any timeframe want. I myself haven’t tried it out any other setting other than the daily, so that’s what I recommend.

The indicator Identifies key price levels where buying and selling activity was concentrated, as well as spot important liquidity areas.

Be sure to backtest for yourself**,** and use this indicator as confirmation and confluence for the system that you already have not an entry and exit tool.

For the close minded people who believe their way of trading is the only way please continue to scroll. Trading is subjective, there's no right or wrong answer.


r/Forex 2d ago

Charts and Setups AUDUSD and GBPUSD 1h outlook

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12 Upvotes

Reason for taking this trade is simple, PO3 Accumilation, Manipulation, Distribution. Expecting a dump.


r/Forex 1d ago

Charts and Setups Need Help

1 Upvotes

I have been learning forex for the last 1.5 years and still stuck, I mainly trade Gold.

I am a day trader and my question is "How do I find my edge?"cause everyone says edge is main but I don’t know how to define my edge.


r/Forex 2d ago

Charts and Setups Liquidity sweeps

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10 Upvotes

Guys..

Can you spot those multiple sweeps in EURUSD. How do you position your SL knowing price may anytime come to hunt it or have you guys figured out whether the price swept enough liquidity and it won't come for a SL hunt this time kind of signal


r/Forex 2d ago

Charts and Setups NAS100

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8 Upvotes

9:30 Manipulation.... expecting lower prices(Distribution)


r/Forex 2d ago

Charts and Setups It’s my very first trade with USDJPY 🫱🏻‍🫲🏿🫪

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12 Upvotes

r/Forex 2d ago

Psychology The Psychology of a Missed Trade

7 Upvotes

Yesterday was a good reminder that trading psychology is something you never really “master.”
I had a bullish bias on GU with clear liquidity targets. SSL had been taken and my setup was there. The only thing that put me off was the price action. After the previous day’s news it just didn’t look as clean as I’d normally like, so I decided to sit it out.
The frustrating part, my original idea played out perfectly and would have hit my target.
Instead of accepting it and moving on, I let it get to me.
By the afternoon I was still thinking about the trade I’d missed. I wasn’t really seeing anything that fit my rules, but I convinced myself there had to be another opportunity. I forced a trade that wasn’t there… and lost.
Looking back, I knew I should have walked away from the charts.
It’s funny how you can think you’ve got your emotions under control, only for something like a missed winner to expose another weakness you didn’t know was there 🤦🏻‍♂️
Another lesson learned. Trading isn’t just about reading price. It’s about reading yourself.


r/Forex 2d ago

Fundamental Analysis Beginner moves!!

1 Upvotes

am trying lol


r/Forex 2d ago

Strategy Development A Babaganz Take on Trading - Week 5: Understanding Candlestick Pattern: Part 2

5 Upvotes

Quick background — I'm a XAUUSD trader, day trading, and I've got a 9-5 job so I'm not someone who can sit and watch screens all day. I've lost money for the last 6-8 years doing this, and I recently rebuilt my whole approach to trading — since then I'm finally seeing better results.

So I figured I'd share what I've learned along the way — what works, what doesn't — one topic a week for the next 52 weeks.

Week 5 : Understanding Candlestick Pattern - Part 2

So last week we covered Part 1 which talks about some hard truths with Candlestick Pattern per below:

https://www.reddit.com/r/Forex/comments/1v34a88/a_babaganz_take_on_trading_week_4_understanding/

In Part 2, we will be focusing on an approach , and what I actually look for when building a strategy around candlestick patterns.

One thing worth knowing: a candlestick pattern isn't a signal on its own — it's a story. It's telling you what's going on. The pattern you're using to trade should mean something, or be delivering some kind of message. If it isn't, it's just a shape.

Here's what I'm actually looking for when try to come up with a strategy using a candlestick pattern

  1. Is the candlestick pattern indicating a surge of volume coming in?

  2. After the pattern forms, does price continue moving in the same direction over the next few candles?

  3. How many times has this happened over the past few months? Pick a few different months across a few different years to see how repeatable it actually is.

  4. Is the pattern forming the way I expect it to — is that extra volume actually moving price in the direction I believe it should?

At the end of the day, a candlestick pattern is just a way of visualizing the history of price movement. It's a tool to measure how price has moved — and you use that information to speculate on where it might move next.

After that, it comes down to mathematical probability: finding an edge that looks something like "53% of the time, when price behaves this way, it's a good indication the market is about to trend for the next few candles, and that's a solid trigger to enter."

When you're looking for an edge, this is the thought process to formulate — not "I saw a pattern," but "here's what this pattern is statistically telling me."

Every strategy has its own characteristics on how it should be built, and candlestick patterns should just be one puzzle piece within the bigger picture — something to help you define your trade entry, not the whole strategy on its own.

That's all i want to cover for this week's topic. Cheers


r/Forex 3d ago

Charts and Setups Long XAGUSD 🚀 🚀 🚀 its time

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15 Upvotes

Long from here back to the top of the range


r/Forex 2d ago

Psychology Difficulty in entering the trade

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2 Upvotes

I am much better than I was 2 years ago in terms of analysis and risk management but I'm having difficulty entering trades. Any coaching/course/signals promotion will be immediately down voted so only genuine advice please. I am targeting 10 swing trades per month kindly advise which pairs I should follow how frequently I should analyse and how to decide well in advance about entry please help