Let’s Talk Forex with Alison and Chris

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


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.

Episodes

7 days ago

14 min

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 confirmation matters. We also cover multi-timeframe analysis and how higher and lower timeframes can show very different parts of the same price move.Using a practical EUR/USD example, we walk through range breakouts, retests and invalidation, before covering some of the most common market structure mistakes traders make. You’ll also get a simple five-step process for analysing a chart more consistently.
Watch the episode on YouTube here!
And please try out out Free Trading Journal here!
FxScouts Disclaimer
Forex and CFD trading involves significant risk, and you may lose money rapidly due to leverage. Make sure you understand how these products work and whether you can afford the risk of loss.
The information in Let's Talk Forex is for educational and informational purposes only and does not constitute investment, financial, legal, or tax advice. Past performance is not a reliable indicator of future results.

7 days ago

14 min

Aug 14, 2026

17 min

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 traders do differently.We discuss why setting unrealistic profit expectations can lead to overtrading, how excessive risk and leverage can change your decision-making, why trading discipline becomes most important when you're under pressure, and how to build a repeatable process that can actually be measured and improved.We also look at the importance of trading psychology, capital preservation, position sizing, drawdowns and trading journals — including why judging your performance from one winning or losing trade can give you a completely false picture of your trading.
Watch the episode on YouTube here: https://bit.ly/4hzOlGB 
And sign up for our FREE Trading Journal here: https://bit.ly/3TRNNSN 
FxScouts Disclaimer
Forex and CFD trading involves significant risk, and you may lose money rapidly due to leverage. Make sure you understand how these products work and whether you can afford the risk of loss.
The information in Let's Talk Forex is for educational and informational purposes only and does not constitute investment, financial, legal, or tax advice. Past performance is not a reliable indicator of future results.
 

Aug 14, 2026

17 min

Jun 26, 2026

18 min

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 themselvesWhether 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.
 

Jun 26, 2026

18 min

Jun 19, 2026

13 min

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 checklistWhether 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.

Jun 19, 2026

13 min

Jun 12, 2026

11 min

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 avoidThe 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.

Jun 12, 2026

11 min

Jun 5, 2026

18 min

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.

Jun 5, 2026

18 min

May 29, 2026

11 min

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.

May 29, 2026

11 min

May 22, 2026

9 min

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 marketsSubscribe 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/@fxscoutsFxScouts on LinkedIn: https://www.linkedin.com/company/fxscouts/FxScouts on Facebook: https://t.ly/CAjgHFxScouts 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.

May 22, 2026

9 min

May 15, 2026

14 min

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 skillWhether 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.

May 15, 2026

14 min

May 8, 2026

39 min

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.

May 8, 2026

39 min

Copyright 2026 All rights reserved.

Podcast Powered By Podbean

Version: 20241125