Let’s Talk Forex with Alison and Chris

In this episode of Let’s Talk Forex, Alison and Chris tackle one of the most intriguing yet challenging strategies in trading: mean reversion. If you've ever wondered why markets often snap back after a sharp move, this episode is for you. We break down the concept of mean reversion, explore popular setups like Bollinger Bands and VWAP, and share detailed, step-by-step examples for applying this strategy effectively. Plus, they highlight common pitfalls, like averaging into losing trades, and offer practical tips on risk management to keep you from getting caught in a trending market. Whether you’re a day trader or swing trader, tune in to master the art of profiting from market snap-backs!   Watch the full podcast video here: https://youtu.be/_fK0QpzxVwM [https://youtu.be/_fK0QpzxVwM]    Read more about how to trade double tops here: https://fxscouts.com/news/how-to-trade-double-tops/ [https://fxscouts.com/news/how-to-trade-double-tops/] And check out Alison's video on Bollinger Band & RSI Strategy here:  https://youtu.be/--jF8fTYN5o [https://youtu.be/--jF8fTYN5o]    FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

In this episode of Let’s Talk Forex, Alison and Chris break down the fundamentals of backtesting—a vital step for any trader looking to solidify their strategy with confidence. If you’ve ever hesitated to execute a strategy due to uncertainty, this episode is for you. Discover how backtesting allows you to simulate trades against historical data, gain hands-on experience in a risk-free setting, and refine your approach for live market success. From crafting a clear trading plan to tracking your results, Alison and Chris provide a step-by-step guide to help you use backtesting to build trust in your strategy and trade with greater assurance. Head over to YouTube if you prefer to watch the video podcast https://youtu.be/eX2LFyXQcDE [https://youtu.be/eX2LFyXQcDE]  FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

In this episode of Let’s Talk Forex, Alison and Chris break down the essential steps to creating a structured trading system for analysing your trades. Join the hosts as they guide you through a six-step process, from screening the markets and identifying key levels to setting up entries and exits. Discover how a repeatable, disciplined approach can take the guesswork out of trading and help you stay focused and consistent. Whether you're new to Forex or looking to refine your strategy, this episode is packed with insights and practical tips to help you take control of your trading decisions. Tune in, and let’s get systematic about success! Head over to YouTube if you prefer to watch the video podcast https://youtu.be/XPdgyY5eM5M [https://youtu.be/XPdgyY5eM5M]  FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

In this episode of Let’s Talk Forex, hosts Alison and Chris sit down with veteran trader Patrick Reid, who brings nearly two decades of experience in the financial markets. Patrick shares his journey from trading derivatives at the world’s largest prop desks to becoming co-founder of Adamis Principle, where he now focuses on mentoring and educating traders. The discussion covers key topics including the differences between retail and institutional trading, Patrick’s trading style, and current market insights such as the strong US dollar, the challenges facing the EUR/USD pair, and the global economic outlook. They also dive into cryptocurrency’s role as an asset class and its potential future in the financial world. Whether you're a beginner or a seasoned trader, this episode is packed with valuable insights into the world of Forex and beyond. This podcast is the audio of a video recording, Watch the video here: https://youtu.be/LU2NNW-RMPo [https://youtu.be/LU2NNW-RMPo] Check ut Patrick's full profile here: https://www.linkedin.com/in/patrick-reid-5b51bb21/ [https://www.linkedin.com/in/patrick-reid-5b51bb21/] Book mentor sessions with Patrick here: https://calendly.com/adamisprinciple/our-mentoring-programmes?month=2024-10 [https://calendly.com/adamisprinciple/our-mentoring-programmes?month=2024-10] Get insights into the life of a Forex trader here: https://currencytrader.scoreapp.com/ [https://currencytrader.scoreapp.com/] FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.

In this episode of Let’s Talk Forex, Alison and Chris dive into a crucial yet often overlooked aspect of trading—emotional triggers. From the highs of winning trades to the frustration of losses, emotions like greed and fear can derail even the most disciplined traders. They discuss how these emotions manifest, why they can be so damaging, and practical strategies for managing them. Whether you're riding a winning streak or struggling with losses, mastering your mindset is just as important as executing your strategy. Tune in for valuable insights on how to stay balanced in the face of market challenges. This is the audio track of a video podcast, watch the full video here: https://youtu.be/Fn71YEubm0w [https://youtu.be/Fn71YEubm0w]  FxScouts DISCLAIMER: 75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.