Let’s Talk Forex with Alison and Chris

Is risking 1% per trade enough to manage your Forex trading risk? In this episode, we explain why effective risk management goes far beyond choosing a percentage and placing a stop loss. We break down position sizing, stop-loss placement, risk-to-reward ratios, correlated exposure, daily loss limits and drawdowns, including how to calculate position size based on your stop distance rather than forcing your stop to fit a predetermin...

How do you read Forex market structure across different timeframes? In this episode of Let’s Talk Forex, we break down swing highs and lows, uptrends, downtrends, ranges and breakouts to show how price structure can help you understand what the market is actually doing. We explain how to identify higher highs, higher lows, lower highs and lower lows, how to distinguish a trend from a range-bound market, and why breakout conf...

Why do so many Forex traders fail to become consistently profitable? The problem is often not a lack of Forex trading strategies or technical analysis, but unrealistic expectations, poor risk management, weak trading discipline and the absence of a repeatable trading process. In the first Let's Talk Forex episode of the new season, we break down four common problems that can hold Forex traders back and explain what process-led tra...

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 ...

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 importanc...

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 ...

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. ...

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...

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 ...

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,...

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, a...

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 an...

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 c...

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,...

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 exper...

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...

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, ho...

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 ...

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...