/r/Forex
Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between!
We also have one of the largest forex chatrooms online!
/r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and runs Volatility.RED as a resource site for traders.
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Posts to video sites, including YouTube, are barred.
This includes direct links, and recommendations to watch a video, or a description of how to get to the video ("look up so-and-so on youtube, thank me later")
If you want to post your own content here, you can do so using Reddit Video embeds, so long as the video does not include mentions of external sites (calling out your social media / YouTube accounts.)
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This goes along with the rule about not taking the conversation off-site. Dropping your IG link will get you banned. Period.
You must be willing to explain your analysis and reasoning for any given chart or trade you post, or else the post will be taken down.
Empty charts without annotations are useless.
Subjective reasons for a trade do not help others learn or understand what you are doing.
Provide practical and tangible reasons for your trade / chart setup so people can follow along with you.
This falls under the posting charts rule where you must provide a detailed overview and context to your trade, but specifically singles out the posting of trade 'signals' with any commercial intent.
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We don't care how much money you made or lost. Context is everything, and risk metrics matter. Do not post your P/L Porn here unless you're prepared to give a detailed account of your strategy and all factors that went into generating said P/L.
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This sub deals with fiat currencies backed by governments.
Even if your forex broker offers Crypto CFDs, it is still considered off-topic here.
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The ONLY exception is bank holidays when markets are either closed or illiquid with little trading activity.
Even if no rule was technically violated. The mods reserve the right to scrub posts, comments, and users from the subreddit in the spirit of keeping the community clean and without bias.
/r/Forex
I'm reading through the BabyPips course right now and I'm on the Heiken Ashi candles section. Does anyone have experience using the Heiken Ashi candles or a strong opinion on them?
When I first started trading Forex, I fell for the classic myth: "The more trades you take, the more money you’ll make." Boy, was I wrong. Overtrading didn’t just drain my account....it drained my energy and confidence too.
What about you?
-Did you believe in a so called "holy grail" strategy?
-Think you could turn $100 into $10,000 in a week.
-Or trust that one magical indicator that promised the world?
Let’s share and debunk the myths that cost us time, money, and sanity. Drop your story below, reply to others, and let’s make this thread an eye opener for everyone in the Forex community. 🚀
I blew it just by opening position and immediately down by 4% . Checked the5ers account and there was almost zero spread. Thats ridiculous.
EDIT : image wont show up so here is the link : https://i.ibb.co/bJdmCyF/ftmo-spread.jpg
What's a good forex prop firm for the US?
How many prop firm challenge accounts have you bought before you finally got a payout? (Notice I didnt say funded, I’m talking money in the bank 👀
Anyone else see this setup?
If anyone wants to get an idea of anothers claims or shows their record of trades and profitability listings, be sure to ask for their https://www.myfxbook.com/ tracking. If they cannot have a third party verify all their trades, entries and exits, its fake. If they use the excuse of 'I didnt register or follow it' ask them to from this point forward, and see how well they do.
I dont think this behaviour should be acceptable
During my first 1.5 years of trading, I experienced several so-called “aha” moments. These were times when I thought I’d cracked the code with a new strategy that seemed to work brilliantly—until it didn’t. One example: I achieved a 20% gain in a single month, only to be followed by a brutally long losing streak that completely contradicted my backtesting results.
That period was painful, but it forced me to rethink my entire approach. I eventually shifted to a dynamic risk management style instead of sticking rigidly to rule-based strategies. This change was a game-changer for me. By adapting to different market conditions, I’ve been able to find consistency and, most importantly, profitability.
For those of you who are now profitable traders, did you also go through similar “fake aha” moments before you found your edge? If so, what were they like?
Hey there is there anyone that has Fx Alex G 60 course. Or trades the set and forget strategy. Is it worth it to learn?
BlumpyFx is on the hunt for gullible people. Watch out…
the pair is at strong support (daily time frame) but it might break through. Anyone else showing this pair or have an opinion?
I’m only some few steps to becoming a pro gambler,I have my own uniquely developed system that helps me become profitable in a certain casino game I know this because I’ve had two instances where I was in profits by around 70% in the space of 3 days but blew it all because of 1:greed 2:gamble too much 1.How did y’all pro gamblers(traders) overcome the greed of wanting more ? 2.How did y’all pro gamblers(traders) learn to stick to the number of sessions you gamble ? My system relative to the specific casino game I’ll break even 68% of times, I’ll have a probability of 47% to make profit
I've been learning forex technical analysis from my mentor, and it's been an incredible journey so far. But something has been on my mind. If we both analyze the same chart, using the same technique, will we always arrive at the same conclusions?
For example, will our interpretations of market structure, support and resistance levels or potential trade setups always align? Or is there room for subjective differences?
I'm curious to hear from others who've been mentored or are mentoring someone in trading. How much of technical analysis is "universal" and how much is open to interpretation? Would love to hear your thoughts!
I’m going to buy a £25,000 funded account challenge at the end of this month with FTMO. My question is do I need to have a live account set up already to do this process? I have only used a demo account up to now apart from a small live account I made like a year and a half ago. Which of course I lost it all lol. That account doesn’t exist anymore. Or can I just make an account with them and buy a challenge then just follow the steps they send to me? Thank you for any help
Does it teach legit working concepts ??
or he makes video just to earn from YouTube??
his videos look well animated and edited and he also has some videos on I.C.T concept.. so it made me doubt his authencity
If you know any other good channel than please recommend
may god make u successful 📈🙏
Will I be profitable if I use those methods?
Heyy guys ....today i did 0.1% loss on my capital but i am not sad about it but the main thing is even i knew my setup is not there nd also my eyes was sleepy evrn then i open the chart nd took the wrong trade....i need a accountability partner because in everyother area i am doing well but when i was not well nd still took trade nd it get looser that tym i regret or feel frustrated....it would be very helpful if anyone come as a partner.
How long does it take to be profitable.
Can I start forex with 100 usd.?and trade by opening 0.01 lots
What is the lowest amount I can start forex with.i wanted to start with 30 or 50 usd and grow it.is it possible?
. BUY CONFIRMATION ON H1 CHOCH WITH DISPLACEMENT
Hey guys just bear with me If the question seems stupid I'm sorry it's just because it's been like 3 days since I started