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Let’s Talk Forex with Alison and Chris

Let’s Talk Forex with Alison and Chris
Author: FxScouts
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Let’s Talk Forex with Alison and Chris is your weekly source of Forex trading insights. Whether you are a beginner looking for guidance on how to start, or a seasoned trader who wants to learn about new strategies, you’ll find something new and useful in every episode. Alison and Chris’ knowledge of Forex trading shines through, as they bring to the table years of experience trading Forex and writing about the trading industry. They cover a wide range of topics, including how to choose a broker and trading platforms, manage risk and protect your funds, trading psychology, trading strategies, interviews with Forex traders and much more. Subscribe now and stay up to date with every new episode!
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.
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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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
How do you trade when markets go wild? In this episode of Let’s Talk Forex, Alison and Chris dive deep into extreme market conditions—those nerve-racking periods of intense volatility when technical levels fail, the VIX spikes, and currencies swing wildly.
From the recent U.S.-China trade tensions and inflation shocks to central bank surprises, we break down:
What defines extreme market conditions
How Forex markets behave under pressure
Smart strategies for adapting your trading style
Essential tools like ATR, VIX, and correlation matrices
The psychology of trading during chaos—and how to stay disciplined
Tips for protecting your capital and staying in the game
Whether you're a seasoned trader or just learning the ropes, this episode will give you practical tactics to survive—and potentially thrive—when markets go off the rails.
Watch the episode on YouTube here: https://youtu.be/soCEPzoa254
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
In a bumper episode this week, Alison and Chris are joined by Michael Brown, Senior Research Strategist at Pepperstone. In a wide-ranging conversation, Michael discusses his start in institutional trading, offers some great advice for both aspiring and experienced traders, shares his thoughts on the current market chaos, and outlines what traders should look out for over the course of 2025.
View the full video interview here: https://youtu.be/HXgkczSakiA
You can find Michael here:
Michael Brown on X: - https://x.com/MrMBrown
Michaell Brown on LinkedIn: https://www.linkedin.com/in/michael-r-brown/
And learn more about Pepperstone here:
Visit Pepperstone: https://fxscouts.com/go/broker/pepperstone/visit/
Pepperstone on X: https://x.com/pepperstonefx
Pepperstone on YouTube: https://www.youtube.com/@Pepperstone
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.
Alison and Chris go deep on what it really takes to stick with trading for the long haul. From accepting losses without spiraling, to setting realistic goals, and building powerful habits like journaling and stress management — this is a masterclass in trading resilience.They share personal stories, practical strategies, and candid advice on how to develop the mental toughness and discipline required to succeed in the markets. Whether you're a new trader or a seasoned one who’s felt burnt out, this episode will help you reset, refocus, and keep going.
Key topics covered:
Why accepting losses is critical to your growth
The power of process-based goals
How journaling reveals your real trading patterns
Managing stress before it manages you
The role of mentorship and community in longevity
Watch the full video 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.
Are your trading decisions driven by boredom, frustration, or FOMO? You're not alone—and it's costing you. In this episode of Let’s Talk Forex, hosts Alison and Chris uncover the silent killer of trading accounts: overtrading. They break down the emotional triggers behind impulsive trades, reveal the hidden psychology that traps traders in a damaging loop, and share practical tools to regain control.
You’ll learn:
-How to spot your emotional trading triggers
-The truth behind boredom and revenge trading
-Proven techniques like the Trade Limit Challenge & 2-Minute Pause Rule
-How to build a 'No Overtrading' daily trading plan
-What to do when you're spiraling: the 5-Trade Reset
Watch the full episode 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.
Join Alison and Chris from Let’s Talk Forex as they dive deep into the Opening Range Breakout (ORB), one of the most structured and effective day trading strategies.
In this episode, you'll learn:
The fundamentals of identifying and trading the opening range breakout.
How legendary trader Toby Crabel formalized and perfected the ORB method.
Essential filters like NR7 days and directional market bias to avoid false breakouts.
Practical examples using real charts from Tesla and the DAX.
Effective risk management and trade-targeting strategies for consistent success.
Watch the full video here: https://youtu.be/MYZGucSj9zk
Join us on our social media channels:
FxScouts on Facebook: https://t.ly/CAjgH
FxScouts on Instagram: https://www.instagram.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.
In this episode, Alison and Chris break down the biggest forces shaping the crypto market in 2025—from recent price drops to institutional shifts, investor sentiment, and upcoming regulatory moves.
What you’ll learn:
Why crypto is sliding despite tech optimism
How macro trends and U.S. policy are impacting volatility
What to watch for next in the second half of the year
Key takeaways for traders, investors, and crypto-curious listeners, read our colleague Ida’s article here: https://moguldom.com/461904/navigating-the-2025-crypto-landscape-key-trends-and-predictions/
Website: 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 LinkedIn: https://www.linkedin.com/company/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.
Struggling to see consistent results in your trading? You’re not alone—and the problem might not be the market. In this video, we reveal the five most common reasons trading plans fail, and what you can do to turn things around.
Whether you’re brand new or have years of experience, these insights will help you identify the weak points in your strategy, align your plan with your lifestyle and personality, and avoid the emotional traps that derail most traders.
Learn how to:
Build confidence through strategy testing
Create a plan that fits your real life
Plug the hidden gaps in your risk and trade management
Adapt and evolve with the market
Stay disciplined long enough to see results
If you’re serious about improving as a trader, this one’s for you. Like, share, and subscribe!
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.
Great episode! Alison and Chris always break down Forex topics in a way that’s easy to understand. If anyone’s looking to take the next step and try trading for themselves, I recommend checking out https://tradersunion.com/brokers/binary/view/pocketoption/download/ — it's a solid platform to get started with.