https://preview.redd.it/e89ldxkdzh6d1.png?width=1750&format=png&auto=webp&s=0c6336a12cd1bdf641f1793a908d4a269c77bc80 So basically i wanted to trade xauusd london session today and i entered where the cross is (08:15) and i wanted to target asian session lows because it looked like its going in the right direction and then it went up asf. Can somebody help me what did i do wrong? Btw i saw that fvg too but i thought its going to fill it again idk why. submitted by /u/ToughHelp5910 [visit reddit] [comments ..read more

Below is the high impact news for USD that came up on 12th June 2024 https://preview.redd.it/81t3sdxxth6d1.png?width=1075&format=png&auto=webp&s=a8eed548d15ec0f125c86d455ca7bc2099d36598 EUR/USD market reacted to it as below https://preview.redd.it/d4c51qf5uh6d1.png?width=867&format=png&auto=webp&s=0ae2843d7a5aefee6757da02a4a67f8fb6920871 Then the next day(13th of June) there's more high impact news for USD https://preview.redd.it/dnifwqliuh6d1.png?width=1074&format=png&auto=webp&s=927d0207a41cc96ee0d36fbd55e2029492be74b2 Market reacted as below https ..read more

Daily/HTF set ups from this week. I rarely post here. But I wanted to take a moment to express how sustainable swing trading is to any of the younger traders here in the sub. Purely from an educational perspective I want you all to understand that swing trading puts you in a more patient mindset that prevents you from making sporadic decisions that may come from the time centric pressures of day trading or scalping. A lot of people in the industry say to master your emotions, but personally I don’t fully believe in that. While having control of your emotions is obviously helpful for life ..read more

Hello traders, what do you think is better: Smart Money Concept trading or ICT Algorithmic Theory? submitted by /u/NemanjaK98 [visit reddit] [comments ..read more

The prop firm I use offers a 1 step challenge where you only have to make 10% once. The account was so cheap and I figured if I can get a 1:4 with 2.5% risk then it’ll pass then I only need to make 0.3% once I get the funded account to get my money back then it’s all mine and then I can trade normally and reap the rewards of a small investment for larger capital, there are so many ways to leverage prop firms to your advantage, don’t be a looser ? and remember prop firms are for people who can actually trade, don’t just do it all your life, get in get out, make what you can because they w ..read more

Hey guys, have any of you used a compounding trading plan and what do you do in a situation whereby there's a loss, Do you continue or do you recover the lost money first? submitted by /u/HourWeakness8912 [visit reddit] [comments ..read more

Hello Guys! I am an international student pursing Master at RWTH Aachen University. I am interested in trading Forex with prop challenges here while I am in Germany to generate some extra income for myself. My citizenship is still Indian but I have a legal residence permit as a Student. Does anyone know, if I am allowed to trade Forex? Can anyone help me with any relevant official regulation document which will have this information? Thank you! submitted by /u/Subject_Effective_18 [visit reddit] [comments ..read more

Sorry about the title, couldn't think of good enough click bait. So, with Saudi stepping away from the PetroDollar agreement, and Russia working more closely with China, what does everyone think this will do to USD currency pairs during the week of 17th - 22nd of June, 2024? submitted by /u/TakeBetsOnYourself [visit reddit] [comments ..read more

This was a delicious trade. As I posted before , understanding the $dxy is important to news trading the any of the big 4: PPI, CPI, FOMC, and NFP. submitted by /u/Plutovelli [visit reddit] [comments ..read more

I've noticed that websites like bls.gov release economic data, such as the CPI, publicly and free of charge. However, their API seems to freeze for a few seconds right at the time of release. Can anyone provide more information on this issue and how to access the data without experiencing this freeze? submitted by /u/luvsemih [visit reddit] [comments ..read more