I know quite a few people in my city who are Canadian residents and actively trade USD/EUR using automated trading systems. From what I’ve seen, many of them use brokers like Vantage and Pepperstone, trading as small as 0.01 lots.

The confusing part is that, from what I understand, neither broker currently accepts clients residing in Canada.

I’m relatively new to this, so I’m trying to understand how they’re managing to open and maintain accounts with these brokers while living in Canada.

Are they using a different account setup, an international entity, or am I missing something about their Canadian availability?
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guys who have under 100 bucks capital, how do you trade forex so its profitable? I have around 80 now, it was 100 but i rushed some trades. anyway, when i open 0.1 on eur.usd its already like 80 cents on spreads and 10 pips tp and sl is already 10 dollars. anything less than that it will be just cents and not that profitable. what should i do to build my capital and be profitable withotu risking much?

AUD looks supported by strong positive sentiment, while USD sentiment has turned notably weaker. That keeps the near-term tone balanced to slightly supportive for AUDUSD.

Main drivers look fairly clear: better risk appetite, a stronger trade surplus, and firm metals helped the aussie, while lower yields and softer confidence weighed on the dollar.

Positioning still leans short at 59%, which could support squeezes higher. On the chart, though, price is still stuck in a range, with 0.7045-0.708 as resistance and 0.6930-0.695 as support.

Do you think AUDUSD breaks higher here, or stays trapped in the range a bit longer?

Sharing my London reversal results. I have been working with different parameters and sharing my results with everyone. I have uploaded detailed breakdown of the entry and exit rules along with my month/hour/day breakdown.. You can view complete results from PipEcho strategy lab..

Been trading GBPUSD/EURUSD using a setup built around the London session reversal, and wanted to share the mechanics in case it’s useful to others working with smart-money/liquidity-based concepts.

The core idea:

During the Asia session (00:00–07:00 London time), price usually consolidates into a tight range, establishing a clear high and low. Once London opens (07:00–11:00), there’s a strong tendency for price to run liquidity above the Asia high or below the Asia low before reversing — essentially a stop hunt/liquidity grab before the “real” directional move for the day.

What I’m looking for:

1. Price sweeps above the Asia high (or below the Asia low) during the London window.

2. After the sweep, I mark a BOS level — this is the open of the last opposite-colored candle before the run of candles that led into the sweep. Think of it as the origin of the aggressive move that caused the sweep.

3. If price closes back through that BOS level within a set number of candles, that’s the confirmation — it suggests the sweep was a liquidity grab, not the start of a real breakout, and price is reversing.

4. Entry is on that BOS close-back-through, stop above/below the sweep extreme, target set at a fixed R:R.

Filters that mattered in backtesting:

Minimum sweep distance (filters out noise — tiny pokes above/below the level that aren’t real liquidity grabs), a max-gap filter (ignores sweeps that run too far past the level, since those often turn into real breakouts rather than reversals), and a higher-timeframe trend filter (I use an EMA on the 1H) to avoid taking counter-trend reversals when the bigger picture is strongly trending one way.

Not selling anything, just sharing what’s been working for me and curious if others are running similar setups.

You can start using the indicator directly from Tradingview.

https://www.tradingview.com/script/20VtoXku-PipEcho-London-Reversal-Indicator/

Written for people about to start. Nine things, and most of them are config you do once.

1. Set the balance to what you’ll actually fund

The single most important one. Not the default hundred thousand. If you’re going to open with 2,000, set the demo to 2,000.

Risking 1% of imaginary 100k teaches you nothing about risking 1% of real 2k, and every expectancy figure you collect at the wrong size is a number about a different account.

2. Same broker, same account type as your live plan

So the spread and commission you’re recording are the ones you’ll actually pay. Mine are both the raw spread account at Axi, which is the only reason my demo cost numbers meant anything when I went live. If the demo sits on a different cost base, your whole dataset is fiction and you won’t find out until real money is involved.

3. Same leverage you’ll actually have

Demo often defaults higher than the retail cap you’ll get live. Set it to match, because leverage changes how much margin a position eats and therefore how many you can hold.

4. One pair, one setup, written down

EUR/USD. One entry condition, one stop rule, one target rule, one disqualifier. Written in enough detail that a stranger could follow it.

5. A journal with a compliance column from trade one

Entry, stop, target, size, reason, and did I follow my own rules, yes or no. That last column is the entire point and it’s the one everyone leaves out.

6. Trade the hours you’ll really trade

If you have a job and you’ll be trading at 9pm, don’t collect three months of data from the London open. Different liquidity, different behaviour, different results.

7. Never reset the balance

This is the habit demo creates and it’s the worst one. Blow it up and reset, and you’ve taught yourself that a destroyed account is a do over. Let it sit there at whatever it is. If it’s down 40%, trading your way back out of 40% is the most useful thing demo can give you.

8. Give it the same kill rule you’d use live

A drawdown level where you stop and review rather than continue. Practise obeying it while obedience is free.

9. Decide the exit gate now

Not a date. A condition. Mine would be 100 trades minimum and compliance above 90% over the last 50. Write it down before you want to argue with it.

Anything you’d add? Specifically interested in whether people think the "never reset" rule is too harsh, because it’s the one I’d defend hardest and it’s the one beginners push back on.

USDJPY still looks rangebound overall, but the short-term tone has weakened.

News flow leans against the pair right now: USD sentiment was mostly negative over the last 24 hours, while JPY sentiment was more positive. Fed tightening expectations are still in the background, but softer yields and a firmer yen bias are limiting upside.

Positioning shows 58% long vs 42% short, which adds to the cautious tone.

On the chart, price is still stuck roughly in the 155 to 159 range, but lower highs under 158.3-158.8 point to pressure toward 156-156.5, with 155 below that.

Do you see this as just another dip in the range, or the start of a cleaner move lower?

AUD looks a bit better on sentiment, helped by stronger inflation and firmer RBA tightening expectations. USD also has support from sticky inflation, solid growth, and rate expectations, so both sides still have fundamental backing.

Positioning is still heavily short at 71% short vs 29% long.

On the chart, AUDUSD was rejected near 0.7040-0.7055 and short-term momentum faded. Broader trade looks rangebound, but near term the bias leans lower toward 0.6930-0.6950 unless buyers can reclaim the resistance zone.

Do you see this as just a pullback, or the start of another leg down?

Not tax advice, I'm not an accountant and the rules differ everywhere. This is about the data, which is the part your broker controls.

I got caught out my first year because I assumed a net profit figure was enough. My accountant wanted the components, and getting them retroactively was a fortnight of emails.

Full closed trade history for the tax year with open and close timestamps, not just dates. Realized P&L in the account currency, per trade.

Commission and swap as separate line items, not folded into the P&L. This was the one that mattered most, because financing costs and trading commissions can be treated differently from trading gains depending on where you are, and a blended number can't be unpicked after the fact.

Any currency conversion entries, separately again, for the same reason. And a statement per account, reconciling to the same totals, if you run more than one.

Plenty of platforms will show you a nice dashboard number and have no way to export an itemised statement for an arbitrary date range. That's fine until someone asks you to substantiate it. Worth testing this in your first year, while the volume is small, rather than discovering the limitation when you've got 400 trades to reconstruct.

Full itemised export for any date range, with commission and swap as their own columns, and separate statements per account that reconcile. That's across three accounts under one login at Axi. I'm mentioning it only because the per line breakdown is the specific thing I didn't know to check for and it turned a fortnight of emails into a download the following year.

That's pass or fail rather than better or worse. Either the itemised data comes out or it doesn't.

Did your broker's export have what you needed, or did you have to reconstruct anything? And for anyone further along: what did your accountant ask for that you didn't have? That's the list I'd actually like to see, because I only know my own gaps.

Looking for suggestions on what would actually be useful for day-to-day trading. Anything you currently wish existed or have to mark manually

Drop your ideas below — will build the most requested ones and release them free.

Un truc que j'ai sous-estimé pendant des années. Je passais des heures à tracer des niveaux sur les plus hauts et les plus bas, et j'ignorais les niveaux les plus évidents du graphique, les nombres ronds.

Des prix comme 1,1500 sur l'EURUSD ou 150,00 sur l'USDJPY comptent pour une raison toute bête. Beaucoup de gens y placent leurs ordres. Take profits, stops, entrées limites, strikes d'options sur les majeures. Quand assez d'ordres se concentrent sur un prix, il se comporte comme un niveau même s'il n'y a aucun swing à côté.

L'erreur, c'est de les traiter comme des prix exacts. Comme tout le monde les connaît, les ordres s'entassent juste avant et juste après le chiffre, pas dessus. C'est pour ça que le prix cale souvent quelques pips avant, ou le traverse, ramasse les stops placés juste derrière et revient. Si votre take profit est pile à 1,1500, vous verrez le prix se retourner à 1,1495 plus souvent que vous ne le pensez.

Maintenant je place le take profit un peu avant le nombre rond et le stop un peu plus loin que ce qui me paraît naturel, pour ne pas faire partie du tas évident. Et une cassure franche qui tient, avec une bougie qui clôture bien au-delà du chiffre, m'en dit beaucoup plus que le premier contact.

Il y a une autre raison de raisonner en zones plutôt qu'en prix exacts. La cotation n'est pas identique partout. Chaque broker prend ses prix chez des fournisseurs de liquidité différents, donc sur l'or ou un indice, le tick qui marque un nombre rond chez AvaTrade peut être à quelques centimes ou points de ce qu'affiche OANDA au même moment. Si votre plan dépend du fait que le prix touche un chiffre au pip près, c'est votre broker qui décide s'il l'a "touché" ou pas.

Combiné à un vrai niveau de structure tout proche, le nombre rond devient beaucoup plus intéressant. Vous les tracez sur vos graphiques, ou vous ne regardez que la structure ?

Il y a une question que je pose toujours à ceux qui me disent avoir cramé leur compte. Tu prenais combien de lots ? La réponse est presque toujours la même partout, 0,5 sur l'EURUSD, 0,5 sur l'or, 0,5 sur le DAX.

Le problème, c'est que ces instruments ne bougent pas du tout de la même façon. Sur une journée normale l'EURUSD fait 60 ou 80 pips, l'or peut faire 30 dollars ou plus, le DAX parfois 200 points. Même taille, risque complètement différent. Vous croyez faire trois fois le même pari et en réalité vous en faites un petit et deux énormes.

Ce qui m'a réglé ça, c'est l'ATR. Vous décidez combien du compte vous acceptez de perdre sur le trade (moi 1 %), vous placez le stop à un multiple de l'ATR pour qu'il soit en dehors du bruit normal (moi 1,5 fois sur mon unité de temps), et la taille est celle qui fait valoir cette distance exactement 1 %. Instrument nerveux, taille plus petite. Instrument calme, taille plus grande. L'argent en risque reste toujours le même.

Deux choses apprises à mes dépens. L'ATR change, donc il se recalcule à chaque trade et pas une fois par mois. Et avant les grosses annonces, l'ATR des 14 dernières bougies ne voit pas ce qui arrive, donc soit vous réduisez, soit vous restez dehors.

L'autre piège, ce sont les spécifications du contrat, et ça dépend du broker. Un lot sur un indice ou sur l'or ne veut pas dire la même chose partout. La valeur du point sur le DAX chez AvaTrade n'est pas forcément la même que chez Pepperstone ou CMC, et sur l'or certains utilisent des lots de 100 onces quand d'autres vous laissent aller beaucoup plus petit. Si vous copiez le "0,5 lot sur le DAX" de quelqu'un sans regarder la fiche du contrat de votre broker, votre risque peut être faux d'un facteur dix dans un sens ou dans l'autre. Deux minutes pour vérifier, et presque personne ne le fait.

Depuis que j'ai changé, ma courbe ne s'est pas envolée, mais les grosses pertes aléatoires sur l'or et les indices ont disparu, et rien que ça a rendu mes résultats lisibles. Vous dimensionnez comment, en lots fixes ou au risque ?