PODCAST · business
Let’s Talk Forex with Alison and Chris
by FxScouts
Let’s Talk Forex is a podcast by FxScouts created to help beginner and developing traders build a strong foundation in the Forex market. Hosted by Alison and Chris, the show draws on years of experience reviewing brokers and analysing global markets. We cut through the noise to deliver clear, practical insights that help you start trading with confidence and avoid common mistakes. Each episode covers the questions that matter most — from choosing a trustworthy broker and understanding regulation, to managing risk, improving trading psychology, and refining your strategy. Whether you are placing your first trade or looking to sharpen your edge, Let’s Talk Forex helps you make smarter, more informed trading decisions
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183. The Biggest Trading Scams of 2026 and How to Avoid Them
Every year, traders and investors lose millions to financial scams, insider trading schemes, fake AI trading bots, and market manipulation. The question is: could you spot the warning signs before it's too late? In the season final of Let's Talk Forex, we break down some of the biggest trading scams and financial scandals of 2026 so far. From insider trading on prediction markets and allegations involving confidential information to AI-powered investment scams and cherry-picking in professional asset management, we explain what happened, why it matters, and most importantly, how you can avoid falling into similar traps. In this episode, we cover: ● How prediction markets can create new insider trading risks ● Why guaranteed returns are one of the biggest red flags in trading ● How AI trading bot scams really work ● What cherry-picking means in professional money management ● How scammers use urgency, hype, and unrealistic promises ● Practical steps every trader can take to protect themselves Whether you trade Forex, stocks, crypto, CFDs, or simply invest in financial markets, understanding these scams can help you make better decisions and avoid costly mistakes. Watch the episode on YouTube here! 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 whether 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.
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182. Most Traders Think This Is Risk Management (It's Not)
Many traders believe they're managing risk simply by using a stop-loss. But real risk management goes far beyond where you place your stop. In this episode of Let's Talk Forex, we break down what risk management actually means, why position sizing is often more important than your stop loss, and how traders can protect their capital without letting emotions take over. We cover: ● Why a stop loss alone isn't enough ● The importance of position sizing ● How much to risk per trade ● Correlation risk and overexposure ● Daily and weekly loss limits ● Risk-to-reward ratios explained ● The psychology behind risk management ● A simple pre-trade risk checklist Whether you're a beginner or an experienced trader, understanding risk management is one of the most important skills you can develop. Watch the full episode here! 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 whether 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.
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181. Stop Chasing Trends | Use This Pullback Strategy Instead
Many traders identify the trend correctly but still lose money because they enter too late, chase momentum, or ignore pullbacks. In this episode of Let's Talk Forex, we break down a simple Trend Trading Pullback Strategy and explain how to identify trends, wait for better entry opportunities, find confirmation, and manage risk more effectively. We'll cover: ● How to identify an uptrend or downtrend ● Why traders chase trends and get stopped out ● How pullbacks can improve your entries ● Support and resistance in trend trading ● Using moving averages and price structure ● Confirmation signals before entering a trade ● Stop-loss placement and risk management ● Common trend trading mistakes to avoid The goal isn't to be the first trader into a move. The goal is to enter when the trend has a reasonable chance of continuing while maintaining a favourable risk-to-reward ratio. Watch the episode on YouTube here! 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 whether 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.
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180. Why 90% of Algo Trading Bots Lose Money (How to Fix It)
In this episode of Let's Talk Forex, we break down the brutal truth about algo trading and automated systems, and why simply automating a bad strategy just makes you lose money faster. If you’ve ever hesitated on a trade, revenge traded, or suffered from "analysis paralysis," automation sounds like the ultimate cure, but it actually just moves your psychological biases to a completely different part of your trading business. We dive deep into the 4 primary automated frameworks, how to avoid the dangerous trap of "overfitting" historical data, and why the discipline to leave your bot alone during a drawdown is the real secret to algorithmic success. Watch the episode on YouTube here! 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 whether 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.
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179. The Forex Strategy Brokers Hate But Traders Love
Is Forex arbitrage smart trading, or is it an unfair advantage? Some traders see arbitrage as a low-risk way to profit from price differences between brokers, platforms or currency pairs. Brokers often see it very differently. To them, certain types of arbitrage can look like an exploitation of stale prices, slow execution, latency issues or weaknesses in their systems. In this episode, we explain what Forex arbitrage actually is, why traders are attracted to it, why many brokers hate it, and why some brokers may cancel profits, close accounts, or reject withdrawals if they believe a trader has broken their terms and conditions. You will understand: ● What Forex arbitrage means ● How latency arbitrage works ● Why arbitrage often requires bots and automation ● The difference between scalping and arbitrage ● Why brokers may see arbitrage as unfair trading ● Whether arbitrage is illegal or simply banned by broker rules ● Why reading your broker’s terms and conditions matters ● The real risk of relying on execution loopholes Watch it on YouTube here! If you enjoyed this episode, give it a like and follow FxScouts for more honest Forex trading education, broker insights and market discussions. 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 whether 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.
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178. 3 Range Trading Strategies Every Beginner Should Know
Most beginner traders struggle when the market starts moving sideways. In this episode, Alison is back, and we break down 3 simple range trading strategies that can help traders better understand ranging markets, avoid false breakouts, and improve patience and trade selection. You’ll understand how to identify a proper range, where to enter trades, how to place stop losses correctly, and why confirmation matters so much when trading support and resistance. In this episode: • What a real ranging market looks like • Why patience matters in range trading • How to trade support and resistance • The false breakout strategy explained • Using RSI and indicators the right way • Why stop losses should invalidate your trade idea • Common beginner mistakes in ranging markets • How to improve risk-to-reward in sideways markets Subscribe for weekly Forex trading education, strategy breakdowns, and market insights! Watch the episode on YouTube here! Check out Traders Hub here: https://fxscouts.com/traders-hub/ For Forex Broker reviews and lots more: https://fxscouts.com/ For a full list of our top Prop Firm picks, read more here: https://prop.fxscouts.com/ Join us on our social media channels: FxScouts on Instagram: https://www.instagram.com/fxscouts/ FxScouts on TikTok: https://www.tiktok.com/@fxscouts FxScouts on LinkedIn: https://www.linkedin.com/company/fxscouts/ FxScouts on Facebook: https://t.ly/CAjgH 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 whether 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.
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177. Trend Trading vs Range Trading Explained for Beginners (The Skill New Traders Ignore)
Most beginner traders hear the phrase “the trend is your friend”, but what happens when the market stops trending and starts moving sideways? In this episode, Chris is joined by Erik, and they break down the difference between trend trading and range trading in a simple, beginner-friendly way. You’ll learn how to recognize trending vs ranging markets, what “higher highs and higher lows” actually mean, and why so many new traders struggle with false breakouts and market conditions. We also explain common trading jargon in plain English so you can understand the market without feeling overwhelmed. In this episode: • What trend trading really is • What range trading means • Bullish vs bearish markets explained • Support and resistance made simple • What false breakouts are • Why market conditions matter more than most strategies • Common beginner mistakes traders make • Why patience is one of the most important trading skill Whether you’re completely new to Forex trading or still trying to understand market behaviour, this episode gives you a strong foundation for reading price movement more confidently. Subscribe for weekly Forex trading education, beginner-friendly trading podcasts, strategy breakdowns, and market insights. Watch the episode on YouTube here! 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.
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176. Prop Trading Exposed | CEO Reveals the Truth About Prop Firms
Prop trading is growing fast, but what does the future really look like for traders? In this episode of Let’s Talk Forex, Alison and Chris are joined by Justin Hertzberg, CEO of FPFX Tech, to discuss the rise of retail prop trading, why brokers are entering the space, and what traders need to understand before choosing a prop firm. We cover prop firm risk, regulation, payouts, trader behaviour, AI, broker-backed prop firms, and why the industry could look very different over the next few years. If you trade with prop firms or are thinking about taking a challenge, this episode is a must. Watch it on YouTube here! Visit PropAccount's channel here: https://www.youtube.com/@Prop-Account Visit PropAccount's website here: https://propaccount.com/ Check out Traders Hub here: https://fxscouts.com/traders-hub/ For Forex Broker reviews and lots more: https://fxscouts.com/ For a full list of our top Prop Firm picks, read more here: https://prop.fxscouts.com/ Best prop trading firms 2026 ranked here: https://www.youtube.com/watch?v=aALZgVC94OM Join us on our social media channels: FxScouts on Instagram: https://www.instagram.com/fxscouts/ FxScouts on TikTok: https://www.tiktok.com/@fxscouts FxScouts on LinkedIn: https://www.linkedin.com/company/fxscouts/ FxScouts on Facebook: https://t.ly/CAjgH 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.
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175. Stop Trading Shapes | Read The Market Narrative
Most traders are looking at candlesticks the wrong way. Stop memorising shapes and start reading the story. In this episode, we reveal why "perfect" patterns often fail and how to identify the real battle between buyers and sellers. We break down the only 4 candlestick patterns worth your attention and how to use market context to find a real edge. Episode Breakdown: The Narrative Shift – Reading the "battle" in the wicks and bodies. Noise vs Signal – Why location matters more than the pattern itself. The Essentials – Rejection (Pin Bars), Control (Engulfing), Consolidation (Inside Bars), and Indecision (Dojis). The Truth – Why patterns are confirmation, not prediction. Next week, we go deep into the Prop Firm world with a special guest. Subscribe so you don't miss the myth-busting! Watch the episode on YouTube here. 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.
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174. Why Did My Strategy Stop Working?
Why does a Forex trading strategy suddenly stop working? At some point, every trader hits the same wall — a strategy that once delivered consistent results starts to fail. In episode 174 of Let’s Talk Forex, we break down why trading strategies stop working and what you should do when it happens. If you’ve ever wondered whether it’s the market, your system, or your own execution, this episode will give you clarity. Because when a trading edge disappears, it’s rarely random — and rarely just bad luck. We explore how changing market conditions, strategy saturation, and macroeconomic shifts can erode even the most reliable Forex trading strategies. You’ll also learn why overfitting your backtests and small changes in trading psychology can quietly destroy performance over time. This is not about finding a “perfect strategy.” It’s about understanding how financial markets evolve — and how successful traders adapt. In this episode, you will learn: Why changing market conditions can make or break a trading strategy How overcrowded trades and strategy saturation reduce profitability The risks of over-optimised backtesting in Forex trading How macroeconomic changes impact market behaviour Why trading psychology and discipline matter more than you think Practical ways to adapt when your strategy stops working If your trading strategy isn’t performing like it used to, this episode will help you understand why — and what to do next. Watch the episode on YouTube here! Timestamps: 0:00 Intro + Traders Hub Overview 1:40 The Frustration When a Strategy Stops Working 2:27 Why Market Conditions Change Everything 4:09 Strategy Saturation Explained 5:25 The Problem With Overfitting Strategies 7:22 When the Problem Is You, Not the Strategy Check out Traders Hub here: https://fxscouts.com/traders-hub/ For Forex Broker reviews and lots more: https://fxscouts.com/ For extensive reviews of our top Prop Firm picks: https://prop.fxscouts.com/ Join us on our social media channels: FxScouts on Facebook: https://t.ly/CAjgH FxScouts on Instagram: https://www.instagram.com/fxscouts/ FxScouts on TikTok: https://www.tiktok.com/@fxscouts FxScouts on LinkedIn: https://www.linkedin.com/company/fxscouts/ 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.
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173. Best Prop Trading Firms 2026 Ranked – Which One Is Right for You?
Head over to our new Prop Trading website here: https://prop.fxscouts.com/ In episode 173 of Let’s Talk Forex, Alison and Chris rank the best prop trading firms in 2026 and explain which one may suit your trading style best. We break down the top firms, including DNA Funded, E8 Markets, FTMO, One Up Trader, Funded Trading Plus, Funding Pips, Bright Funded, and FundedNext, and cover profit splits, challenge types, flexibility, futures options, and low-cost entry points. The episode also looks at the reality of prop trading, including drawdown rules, consistency requirements, news-trading restrictions, discipline, and why most traders fail in challenges. If you are comparing prop firms and want a clearer view of which one is actually worth your time, this is a great place to start. You can also watch it on our YouTube channel here! 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.
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172. Why Successful Traders Use Multiple Strategies (And You Should Too)
You’ll learn how different trading strategies perform in trending vs ranging markets, how strategy diversification can improve risk management, and why it can help reduce emotional pressure during losing streaks. We also discuss when traders should consider adding a second strategy, and how to do it without overcomplicating their trading plan. Whether you’re a beginner trader developing your first system or a more experienced trader looking to improve consistency, this episode will help you understand how to build a more flexible and resilient trading approach. Watch it on YouTube here! Topics covered include: Forex trading strategies and market conditions Trend vs range trading approaches Risk management through diversification When to expand beyond one trading strategy 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.
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171. Why Most Forex Traders Lose Money – It’s NOT Your Entry… It’s Your Exit
In episode 171 of Let’s Talk Forex, we break down why most traders struggle with exits and how this one mistake can destroy your trading performance. We cover the most common exit mistakes, including taking profits too early, letting winners turn into losers, and trading without a clear exit plan. You will know more about how to manage your trades more effectively using structured market conditions and risk management, so you can improve your consistency and overall results. If you want to stop losing profits and start trading smarter, this episode is a must-watch. As always, the video version of this podcast can be found here! 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.
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170. Traders Are Ditching MT4 & MT5 for cTrader
In episode 170 of Let's Talk Forex, we break down why CTrader is rapidly growing in popularity and why many traders are moving away from MT4 and MT5. We explain what CTrader is, how it works, and what sets it apart from traditional trading platforms, including its modern interface, faster execution, advanced charting tools, and built-in copy trading. You will also understand the key advantages and potential downsides of CTrader, how it compares to MT4, MT5 and TradingView, and whether it is the right platform for your trading style. If you are choosing a trading platform or considering a switch, this episode will help you determine whether CTrader is the better option. The podcast is also available on YouTube! 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.
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169. Stop Searching for the Perfect Forex Strategy: Do This Instead!
In episode 169 of Let’s Talk Forex, Alison and Chris break down the truth about forex trading strategies and what actually works in real market conditions. They explain the most common strategies used by traders, including trend following, breakout trading and range trading, and why no single strategy works in every market environment. You will understand how to match your strategy to market conditions, why most traders fail even with good strategies, and why risk management and discipline matter more than any indicator or system. If you are tired of searching for the perfect strategy and want a realistic approach to trading, this episode will help you build a stronger foundation! Watch the full video here! 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.
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168. How to NOT Blow Up Your Account When Trading The News
In episode 168 of Let's Talk Forex, Alison and Chris break down how traders can use economic news in forex trading without letting it wreck their strategy. They explain which news events matter most, including interest rates, CPI, NFP and GDP, why expectations matter more than headlines, and how volatility, slippage and wider spreads can catch traders off guard. The episode also looks at how geopolitical events ripple through forex markets, including safe-haven flows, oil price shocks, and the impact on currencies such as the US dollar, Japanese yen, Canadian dollar, and Norwegian krone. If you want to understand how to incorporate news into your trading with more context, patience and better risk management, this episode is for you. Watch the full video here! 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.
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167. VWAP Explained: Why Most Traders Use It Wrong
VWAP is one of the most popular indicators in trading, but it is also one of the most misunderstood. In episode 167 of Let’s Talk Forex, Alison and Chris explain what the volume weighted average price actually represents, how institutions use it as an execution benchmark, and why many retail traders misuse it as a support and resistance tool. You will understand when VWAP works best, why it fails under certain market conditions, how liquidity sessions and news events affect it, and how traders should use VWAP as a contextual tool rather than a trading signal. If you want to understand VWAP properly and avoid one of the most common trading mistakes, this episode will change how you look at the indicator. Watch the full video here! 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.
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166. Your Strategy Means Nothing Without Risk Control
Beginners obsess over entry indicators and signals, but the real difference between surviving and blowing up your account is risk management. In episode 166 of Let’s Talk Forex, Alison and Chris explain why risk control matters more than strategy, why protecting your capital is the number one rule, and how strict position sizing, stop losses, and risk-to-reward can make a mediocre strategy profitable and a brilliant one fail. You will understand how drawdowns work, why losing 50 of your account means you need 100 to break even, how professional traders manage risk, how emotional stress destroys discipline, and simple rules you can follow to trade longer. If you want to stop losing money and start trading smarter, this episode will change how you approach the market. Watch the full video here! 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.
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165. Why Most Traders Quit a Good Strategy Too Early
Most traders don’t quit strategies because they fail. They quit because they feel uncomfortable. In episode 165 of Let’s Talk Forex, Alison and Chris explain why normal drawdowns feel like failure, how losing streaks are part of probability, and when it actually makes sense to walk away from a system. They talk about evaluating a strategy with data rather than emotion, how market conditions affect performance, and the key questions to ask before switching again. If you keep strategy-hopping after a few losses, this episode is for you. Note: Sorry for Chris sound in this episode. To watch this podcast episode as a video, please click here! 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.
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164. She Trades US30 On The 1 Minute Chart But Starts With the Daily — Here’s Why It Works
Professional day trader and coach Caroline Randall joins Alison and Chris on episode 164 of Let's Talk Forex, to break down how she trades US30 (Dow Jones) using the 1-minute chart — starting her bias from the daily timeframe. They cover how Caroline built consistency by focusing on one market, why timing matters more than most strategies, and what’s on her non-negotiable pre-market checklist (economic calendar, Fed, major headlines, and earnings). You will also hear how she decides when to stop trading, what changed after major volatility events, and why cutting down markets and screen time can improve results. Topics include: US30 trading, day trading process, market timing, fundamentals vs technicals, news-driven volatility, and trader psychology. Watch the episode here: https://youtu.be/1w6GRK5mBNE Check out Caroline's channel here: http://www.youtube.com/@Trading_Angel Her website here: http://www.tradingangel.co.uk/ and all her social media through this handle: @trading_angel. Any direct enquiries to Caroline can be direct to [email protected] 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.
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163. Set and Forget Trading in Forex: Does It Really Work or Is It a Myth?
Set and forget trading is often promoted as an easy way to trade forex. You place a trade, set your stop loss and take profit, walk away, and let the market do the work. But does set and forget trading actually work in real market conditions, or is it a myth that sells simplicity? In episode 163 of Let's Talk Forex, Chris and Alison break down what set and forget trading really means, why traders misunderstand it, and whether it can be a sustainable trading style for retail traders. The discussion covers pending orders, swing trading, and automated forex trading, along with the real risks traders often ignore, such as slippage, spread widening, leverage, swap fees, and changing market conditions. The episode also looks at automated trading systems and forex bots, discusses why backtests often fail in live markets and why promises of guaranteed returns are a major red flag. Ultimately, this conversation explains why successful set and forget trading is not about ignoring your trades, but about predefined rules, realistic execution, controlled risk, and disciplined monitoring. If you are considering set and forget trading in forex, this episode will help you decide whether it truly fits your trading style and long-term goals. The video version of this podcast can be found here! 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.
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162. Backtesting Explained: The One Skill Most Forex Traders Skip
Most Forex traders fail not because their strategy is bad, but because they never test whether it actually works over time. In episode 162 of Let’s Talk Forex, Alison and Chris explain how to backtest properly, why expectancy matters more than win rate, and how backtesting builds discipline through drawdowns and losing streaks. You’ll discover the biggest beginner mistakes, how to avoid overfitting, and why manual repetition improves execution and confidence. This is an essential guide for traders who want to stop guessing and start trading with evidence. Watch the podcast on YouTube here! 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.
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161. Why Most YouTube Forex Strategies Fail in Real Trading
Why do so many Forex strategies look amazing on YouTube, only to fall apart when traded with real money? In episode 161 of Let’s Talk Forex, Alison and Chris break down the real reasons popular online strategies fail in live markets. They explore cherry-picked examples, survivorship bias, backtest overfitting, real-world trading costs like spread and slippage, missing risk management, and the psychology challenges traders face when real money is on the line. This video gives traders a practical checklist to evaluate any strategy they see online and explains what actually makes a strategy tradable, sustainable, and realistic in real market conditions. Watch the podcast video here! 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.
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160. Forex Trading for Beginners: Where to Start (Real Beginner Explains)
Where should you start as a complete beginner in Forex trading? In episode 160 of Let’s Talk Forex, Alison is joined by Erik, a real beginner trader, to break down Forex from the ground up. We explain what Forex trading actually is, how currency pairs work, why the market moves, and the most common mistakes beginners make when starting out. You’ll also learn why demo trading, focusing on one currency pair, understanding risk, and keeping things simple are essential for building a solid foundation before trading live. This video is ideal for anyone new to Forex who wants a clear, practical introduction without hype or overcomplication. Watch the full video here! 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.
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159. How Banks and Institutions Move Price in Forex (No Myths, Just Charts)
New year and we are still here! In our first episode of season 8 of Let’s Talk Forex, Alison and Chris break down how institutions actually move the markets and why liquidity, not indicators or manipulation myths, drives major price moves. They explain why large players trade differently from retail traders, how stop-loss orders create liquidity, and how institutional activity leaves clear footprints in price action. You’ll learn to recognise false breakouts, liquidity grabs, and real market structure shifts, and how to adapt your thinking to read price more objectively instead of chasing moves. This episode is ideal for traders who want a clear, practical understanding of why price moves the way it does, without hype or jargon. You can find the video version of this episode on our YouTube channel here! 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.
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Bonus Episode: How Forex Brokers Really Work (Regulation, Liquidity & Risk Explained) | HFM Broker Interview
How does a Forex broker really work behind the scenes? For this in-depth interview, Alison headed to Cape Town for a sit down with Lethu Lushaba, Senior Market Analyst at HFM to break down broker regulation, liquidity providers, execution speed, slippage, and how client funds are actually handled. Lethu also shares his personal trading journey, hard lessons on psychology and risk management, and why discipline and education matter more than any strategy. We explain how STP brokers operate, why traders aren’t “trading against the broker,” how segregated accounts protect client funds, and the red flags every trader should watch for when choosing a broker. This video is essential viewing for Forex, CFD, indices, and Gold traders who want transparency, safer trading conditions, and a clearer understanding of how modern brokers operate. If you wish you can also watch the interview on YouTube! 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.
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158. Insider Trading - The Market Moves of 2025 That Were Too Convenient to Ignore
Some market moves in 2025 were simply too well-timed to ignore. In this season finale (episode 159), Alison and Chris break down the trades that weren’t illegal, weren’t confirmed, but were almost impossible to explain without someone knowing something early. We unpack the SPY 0DTE explosion hours before a tariff announcement, the volume spikes before major Bitcoin treasury buys, the crypto “leaks” that hit FX instantly, and the hedge funds whose macro predictions were just a little too accurate. You’ll also learn why retail traders often get caught in the volatility that follows these perfectly timed moves and why 2025 has become the year of “plausible deniability.”This isn’t a conspiracy. It’s understanding how modern markets really react: hyper-connected, hyper-reactive, and sometimes a little too convenient. Watch the full video here! 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.
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157. Why December FX Moves Are So Strange: The Christmas Effect Explained
December and early January are some of the strangest weeks on the FX calendar, and there are real economic reasons behind it. In episode 157 of Let's Talk Forex, Alison and Chris pull back the curtain on the Christmas effect in forex trading. Discover how holiday spending, e-commerce flows, international travel, low liquidity, and corporate year-end repatriation all combine to push currencies into unusual seasonal patterns. We also break down how 2025 macro forces, from AI-driven capital flows to the December Fed rate cut expectations, Japanese bond volatility, and Trump’s pro-risk policies, are amplifying the moves this year. Perfect for traders looking to stay ahead of December volatility, USD seasonality, and January reversals. Watch the full video here!🎥 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.
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156. The Right Way to Use the RSI - Stop Misreading Overbought & Oversold
Most traders use the RSI completely backwards, and it costs them money. In episode 156 of Let’s Talk Forex, Alison and Chris break down what the Relative Strength Index actually measures, why the classic “sell at 70, buy at 30” approach fails in real markets, and how to use RSI like a grown-up trader. You’ll learn how to read RSI in context, use RSI zones to time pullbacks, avoid false divergence, and combine RSI with clean market structure. If RSI keeps getting you into trouble, this episode will show you exactly how to fix it. Watch the full video here! 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.
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155. Finfluencer Crackdown 2025: What Traders Must Know About Fake Gurus & Clone Brokers
Regulators are finally cracking down on “finfluencers” in 2025, and traders need to understand what’s changing. In episode 155 of Let’s Talk Forex, Chris is joined by Erik and breaks down why regulators like the FCA and ASIC are targeting financial influencers, real enforcement cases (including James Pereira, Tyson Scholz, and the Abe Lim impersonation scam), and how young traders are being misled online. They also explain the rise of clone brokers, where the line is between education and illegal financial advice, and practical steps you can take to protect yourself. Whether you’re new to trading or simply tired of TikTok gurus, this episode gives you the context you need to stay informed and stay safe. Watch the episode on YouTube here! Further reading: https://www.fca.org.uk/news/press-releases/fca-leads-international-crackdown-illegal-finfluencers https://www.reuters.com/sustainability/boards-policy-regulation/australian-regulator-cracks-down-finfluencers-over-unlawful-financial-advice-2025-06-12/ https://www.investigate-europe.eu/posts/the-rogue-finfluencers-pushing-risky-investments-to-young-followers https://www.businessinsider.com/finding-dora-influencer-instagram-pig-butchering-scams-victim-images-stolen-2025-7 https://home.barclays/news/press-releases/2025/10/influence-or-illusion--one-in-four-feel-under-pressure-to-act-qu/ https://www.financemagnates.com/forex/pepperstone-ceo-having-to-take-down-scam-websites-on-an-almost-daily-basis/ 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.
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154. Stop Misusing Bollinger Bands! Here’s How Pros Actually Trade Them
Most traders slap Bollinger Bands on a chart and hope for the best, and that’s exactly why they fail. Alison and Chris help you break down how professional traders actually use Bollinger Bands to read market conditions, spot high-quality opportunities, and size trades using volatility instead of guesswork. Learn when to fade moves, when to follow them, and how to avoid the biggest Bollinger Band traps. If you’ve ever been burned by fake reversals or late breakouts, this episode is for you. You can watch the full video and get all the visual examples on YouTube! 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.
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153. 3 Simple Forex Strategies Every Beginner Should Know (Explained Clearly)
New to Forex trading? Start with the three simplest strategies every beginner should learn. In episode 153 of Let's Talk Forex With Alison And Chris, they break down the Bull Flag breakout, the 20-SMA pullback, and the VWAP Magnet setup. Easy, repeatable strategies that help you trade with confidence and structure. No confusing indicators — just clear, step-by-step setups that actually work. Ideal for anyone seeking to establish a solid trading foundation. Prefer video over audio? Watch this episode here! 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.
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152. How AI Can Help You Master Market Analysis (ChatGPT for Traders)
Forget signals and hype. In this episode of Let's Talk Forex, Alison and Chris walk you through how to use AI to analyse daily ranges, opening volatility, and session tendencies so you can trade with confidence. From exporting your data to building a one-page playbook, you’ll learn how to make ChatGPT your trading assistant and finally see your market in context. Watch the full video here! Daily frame: “Using this CSV of [instrument] data, compute daily high–low ranges for the last 60 sessions. Report min, max, mean, and a rounded mode.” Opening range: “For each session, find the first 15-minute high–low range from [session open]. Report min, max, mean, mode, and note which quartile today’s opening range falls into.” Correlation check: “Measure the correlation between the first 15-minute range and the full-day range. Explain in plain trading language how I should adapt my targets.” 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.
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151. The Easiest Forex Trading Strategy for Beginners (20 SMA Pullback Explained)
Most beginners lose trades not because they can’t spot a trend, but because they don’t know when to enter. In this episode of Let’s Talk Forex, Alison and Chris reveal a simple, rule-based strategy using the 20-period Simple Moving Average (SMA) that helps you trade pullbacks with confidence. Learn how to spot clean trends, time your entries, and manage risk. Perfect for beginner traders who want a structured, repeatable way to trade with the trend. Watch it on YouTube here! 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.
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150. Forex Trading 2025: Real strategies & market insights revealed - with Sam Morton (Actual Forex Trading)
Episode 150 of Let’s Talk Forex is special. Professional trader Sam Morton from Actual Forex Trading joins Alison and Chris to reveal the truth about Forex trading in 2025. Sam shares his proven trading strategies, how he got started, and his thoughts on financial influencers shaping the market. They discuss why 2025 has been one of the toughest years for traders, key Forex trends and market insights, and how to navigate what’s next. Watch the podcast on YouTube here: https://youtu.be/lpbxQ7saWCk You can find Sam on YouTube here: https://www.youtube.com/@UCe-KW8-piz5SGonnkGkQOcw and visit his site here to learn more: https://www.actualforextrading.com Visit us here for anything Forex related: https://fxscouts.com/ Join us on our social media channels: FxScouts on Facebook: https://t.ly/CAjgH FxScouts on Instagram: https://www.instagram.com/fxscouts/ FxScouts on TikTok: https://www.tiktok.com/@fxscouts FxScouts on LinkedIn: https://www.linkedin.com/company/fxscouts/ 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.
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149. Beginner Learns Forex: Why Every Trade Starts in the Red
New to Forex trading? This beginner-friendly episode of Let’s Talk Forex explains why every trade starts in the red and what the spread really means for your profits. Alison is away, so Chris is joined by Erik, who is a complete beginner in the Forex world. Chris breaks down how spreads work, why they change, and how to find brokers with low trading costs. Perfect for beginners who want to understand the basics and trade smarter from day one. Broker images in the video version of this podcast this week are from Pepperstone, a broker with seriously low spreads! If you think you're paying too much to trade, check out Pepperstone here: https://bit.ly/4mRyMJf As always, the video verison of this podcast can be found on YouTube FxScouts Disclaimer: Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
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148. Has Bitcoin Peaked at $124K? Crypto 2025 Outlook & Fed Impact
Has Bitcoin peaked at $124,000, or is this just the start of a bigger rally? In this episode, Chris and Alison break down the 2025 crypto outlook — exploring Bitcoin’s recent pullback, the Fed’s policy decisions, and how inflation and global risk appetite are shaping the market. They also look at Ethereum and altcoins, and explain why crypto may be shifting from hype to maturity. Whether you’re a Bitcoin believer, an Ethereum watcher, or just trying to understand where crypto is headed in 2025, this conversation will give you the insights you need to stay ahead. Watch the video here: https://youtu.be/7kuOtU_3HyI FxScouts Disclaimer: Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
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147. Why Traders Break Their Rules (And How To Stop It)
You know your trading rules. You wrote them down. And yet, in the heat of the moment, you move that stop, chase that move, or double your size. Why do disciplined traders keep sabotaging themselves? In this episode of Let’s Talk Forex, Alison and Chris dig into the psychology of broken rules, the hidden triggers that trip us up, and the simple systems you can use to outsmart your instincts. From checklists and automation to friction hacks and accountability, you’ll walk away with a practical toolkit to finally trade the way you meant to. Watch the full video podcast on YouTube here: https://youtu.be/5MwhJFj-kPM FxScouts Disclaimer: Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
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146. Gold Price Hits Record Highs: What’s Really Driving XAU/USD?
Gold has surged past $3,700 to new record highs in 2025—but what’s really driving XAU/USD? Join Alison and Chris as they break down the key forces behind the rally: central bank buying, safe-haven flows from geopolitical risk, Fed rate cuts, ETF inflows, and supply trends. They also explore what could derail the run and how traders can approach XAU/USD at these record levels. Whether you’re a forex trader or investor, this 15-minute episode gives you the insights you need to understand why gold is soaring and what might come next. Watch the full episode on YouTube here: Link And don’t miss our LIVE Q3 Forex Market Wrap on Friday, September 26th! Aaron Hill, Chief Market Analyst at FP Markets, joins us for a fact- and data-packed session covering the biggest moves and outlook for Q4. Set your reminder here Which Q3 market move impacted you the most? Cast your vote in our FX survey today! Take the survey (Closes Friday, September 26, 3PM CET) FxScouts Disclaimer: Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
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145. Prop Firms 2025: How To Pass The Challenge & Actually Get Paid
Prop trading firms are everywhere in 2025—but can you actually pass the challenge and collect a payout? In this Let’s Talk Forex video podcast, Alison and Chris break down prop firms in plain language: funded account rules, the 3–1–1 risk plan to improve your pass rate, KYC and payout pitfalls, one-step vs two-step challenges, trailing vs static drawdown, and whether a futures or forex prop path fits you. If you are searching for “best prop firms 2025,” “how to pass a prop firm challenge,” or “forex prop firms South Africa,” this episode gives you the rulebook and routine you need to trade cleanly and get paid. What you will learn: What a prop firm is, how profit splits work, and why risk management rules matter. The core rule set in 2025: daily loss limit, max drawdown, news rules, consistency, and banned strategies. The 3–1–1 plan: set the stop first, risk 0.25%–0.5% per trade, and stop for the day at −1%. A simple pre-trade checklist and one-line post-trade journal to keep you consistent. Payouts and KYC: how to match documents and avoid rejected withdrawals. One-step vs two-step challenges; trailing vs static drawdown—and how each changes your risk. Futures vs forex prop firms: schedules, costs, and which suits your lifestyle. Regulatory risks and recent headlines, plus practical record-keeping and tax reminders. Enjoy the audio or watch the full video here if you prefer: https://youtu.be/w8Cj3aCA2tc FxScouts Disclaimer: Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
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144. Why Most Forex Traders Lose (It’s Psychology, Not Strategy)
Most traders do not fail because their systems are bad—they fail because they cannot execute consistently. In this episode of Let’s Talk Forex, Alison and Chris unpack trading psychology, overconfidence, and discipline, showing why your behaviour—not your indicators—usually decides your P/L. What you will learn: The myth of the “perfect” strategy and why consistent execution beats brilliance done badly. The emotions that sabotage traders: fear, greed, FOMO, and the revenge-trading loop—and how to break them. Overconfidence after hot streaks: size creep, widening stops, and “anticipating” entries. Practical discipline: a pre-trade checklist, fixed risk rules, daily loss limits, and process metrics that actually improve results. A simple case study (Trader A vs Trader B) that proves the system wasn’t the problem. A one-week discipline sprint to tighten your process fast. Who this is for: Day traders, swing traders, and Forex/CFD traders who want steadier results through better execution, not new indicators. If this helped, share it with one trader who needs to hear it, and subscribe for more clear, practical trading insights. You can also watch the YouTube video here: https://www.youtube.com/watch?v=QU5hWzZQb1g FxScouts Disclaimer: Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
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143. Forex Trading Myths EXPOSED: The Truth Every Trader Must Know
Think Forex is all about finding the perfect strategy, getting rich overnight, or that anyone can do it? Think again. In this episode of Let’s Talk Forex, Alison and Chris bust the biggest myths that keep traders stuck, frustrated, or losing money. From the truth about strategy and psychology, to why risk management matters more than flashy setups, this is the real talk every trader needs to hear. What you’ll learn in this episode: Why strategy is only 20% of the game (and psychology is the other 80%) Why not everyone is cut out for trading—and how to know if you are The reality behind “easy money” promises in Forex How proper risk management keeps you in the game long enough to win Whether you’re a beginner or already trading, this episode will help you see Forex for what it really is—and what it takes to succeed. If you prefer to watch rather than listen, you can (as always) find the episode on YouTube as well: https://youtu.be/FIowqtLDFAU FxScouts Disclaimer: Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
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142. Essential Tools For a Forex Trader
Success in trading isn’t just about charts and platforms, it’s about having the complete toolkit. In this episode of Let’s Talk Forex, Alison and Chris break down the essential tools every trader needs to thrive. From mastering the right mindset and building a solid education, to using backtesting, risk management strategies, trading journals, and reliable news sources, we cover it all. Whether you’re just starting out or sharpening your edge as a seasoned trader, this episode will help you structure your toolkit for long-term success in the markets. Watch the YouTube video here: https://youtu.be/YBGfkDgSdaw 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.
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141. Is AI the Future of Forex Trading? How Traders Can Use AI Right Now
Artificial Intelligence isn’t just hype anymore—it’s already reshaping the way traders approach the markets. In this episode of Let’s Talk Forex, Alison and Chris dive into how AI is being used in Forex trading today, from analysing price ranges and validating strategies to journaling emotional patterns and improving discipline. Discover real-world use cases, the pitfalls to avoid, and why traders who start using AI now—at any level—will have the edge. Whether you’re just getting started or already deep in the markets, this discussion will show you how to make AI your most powerful trading assistant. If you prefer video format, you can watch this episode on YouTube here: https://youtu.be/jpfhEj_yNaM And don't forget to check out FxScouts.com to find anything and everything you need to know about Forex trading and Forex brokers. 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.
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Bonus: We’re Going Live on YouTube This Friday (Don't Miss It!)
We’re between seasons, but we couldn’t stay away… Join Alison & Chris LIVE on YouTube this Friday at 16:00 CET for a special Market Recap covering: Earnings from the Magnificent Seven (Meta, Amazon, Apple, Microsoft & more) The FOMC decision and what it really means for traders Inflation data, job numbers, and the big one: NFP on Friday This one won’t be on the podcast — it’s a live video stream. Set a reminder and watch here: https://www.youtube.com/live/LaXJUxKRJWI See you Friday!
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140. Learn From the Greats: Timeless Strategies from History’s Top Traders
What do a Wall Street philosopher, a billionaire hedge fund manager, and a tape-reading legend have in common? In this episode of Let’s Talk Forex, Alison and Chris uncover the incredible true stories behind three of the most influential traders in history: Richard Wyckoff, Paul Tudor Jones, and Jesse Livermore. Discover how Wyckoff decoded market psychology, how Tudor Jones turned a hangover into hedge fund greatness, and how Livermore made (and lost) fortunes by following trends. Packed with timeless trading wisdom, and personal lessons, this episode is perfect for anyone interested in forex, trading history, investing strategy, and the minds behind the markets. You can also watch the episode here: https://youtu.be/8-9grqfNaU8 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.
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139. Minor & Exotic Forex Pairs: Worth It or Too Risky?
Are minor and exotic Forex pairs the overlooked goldmine of trading—or a fast track to blown accounts? In this episode of Let’s Talk Forex, Alison and Chris dive deep into the world beyond EUR/USD and GBP/USD. From USD/ZAR to EUR/TRY, learn what sets minor and exotic pairs apart, why volatility lovers are drawn to them, and the serious risks you need to manage. What you’ll learn in this episode: The difference between major, minor, and exotic pairs Why some traders seek out exotic volatility Real-world examples like the Turkish Lira and Mexican Peso Slippage, spreads, swap fees—and how they can crush your edge Tips for trading local news events and managing wild price swings When to choose majors vs. when to explore exotics Proven risk management techniques tailored for high-volatility pairs Whether you're looking to diversify or just curious about these lesser-known pairs, this episode delivers practical tips and hard-earned wisdom. Subscribe for more Forex insights from Let's Talk Forex at FxScouts You can also watch the full video on YouTube here: https://youtu.be/KQW_ZtYjX1Y 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.
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138. Forex Beginners: 7 Things To Know First
Alison and Chris share the 7 key lessons they wish they'd known when they first started trading. They dive into critical insights like how managing risk matters more than being right, why demo trading is crucial for discipline, and how focusing on just a few pairs can lead to better results.Whether you're new to Forex or looking to refine your strategy, these practical tips will help you avoid common pitfalls and build a stronger trading foundation. Tune in for advice that can set you up for long-term success in the market. Watch the full video on YouTube: https://youtu.be/YkyPbC31XrE 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.
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137. Mastering Moving Averages For Forex: 3 Simple Strategies That Actually Work
Want to use moving averages like a pro? In this episode of Let’s Talk Forex, Alison and Chris break down 3 simple but powerful trading strategies using moving averages — perfect for both beginner and intermediate Forex traders. You can also watch the podcast on YouTube here: https://youtu.be/wvHf1fKh4ik What You’ll Learn: What are moving averages (SMA vs EMA) and how they work Why professional traders rely on moving averages to define trend and structure How to use the 20 EMA pullback strategy for precise entries The moving average crossover strategy to capture trend shifts How to trail your stop-loss with a moving average Trade filtering techniques using short and long-term MAs like the 200-day SMA Whether you’re day trading, swing trading, or just trying to find a smarter way to trade trends — this episode gives you practical tools you can apply immediately. Key strategies covered: 20 EMA pullback entry 20/50 EMA crossover confirmation Using moving averages as dynamic support and resistance Filtering trades with the 5-day and 200-day MA Simple, practical, and proven — these strategies help you avoid low-quality trades and stay on the right side of the market. 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.
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136. Why Traders Prefer Indices Over Forex, Stocks & Crypto
T oday, Chris and Alison explore the exciting world of index trading—breaking down what indices are, how they differ from Forex, commodities, and individual stocks, and why so many traders prefer them for trend-based strategies. In this episode, you'll learn: What indices like the S&P 500, FTSE 100, and DAX really represent Key differences between trading indices, Forex pairs, commodities, and individual stocks Why indices offer diversification and are ideal for expressing big-picture market views Which asset classes trend best—and how indices compare to crypto, stocks, and Forex Proven index trading strategies: trend following, breakouts, swing trading, mean reversion & more The importance of market timing—including tips on trading during the Power Hour and session overlaps Whether you’re a beginner curious about broad-market trading or a seasoned trader looking to refine your index strategy, this episode is packed with insights and practical tips. Watch the full episode on YouTube: https://youtu.be/mbrieW58Y3g 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.
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ABOUT THIS SHOW
Let’s Talk Forex is a podcast by FxScouts created to help beginner and developing traders build a strong foundation in the Forex market. Hosted by Alison and Chris, the show draws on years of experience reviewing brokers and analysing global markets. We cut through the noise to deliver clear, practical insights that help you start trading with confidence and avoid common mistakes. Each episode covers the questions that matter most — from choosing a trustworthy broker and understanding regulation, to managing risk, improving trading psychology, and refining your strategy. Whether you are placing your first trade or looking to sharpen your edge, Let’s Talk Forex helps you make smarter, more informed trading decisions
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