📈futures-stocks-chat

[lunar vale]

8 trades today boys 875 green really working on waiting for better set ups and holding them to my targets

[night flicker]

most of you seem to like smaller trades

[lunar vale]

i would say im somewhere in the middle i only trade with 1-2 contracts of the minis at a time like hitting 10 handles

[night flicker]

wym 10 handles?

[lunar vale]

10 dollars in prive movment

so 500 a contract

[night flicker]

ohhh 10 points

[lunar vale]

yeah

[night flicker]

nice

[lunar vale]

i had to leave the house today for work so i missed out on all the good movement

[night flicker]

basically same as me.. but how do you get to 8 trades? was today too volatile so you took smaller profits?

[lunar vale]

i had to leave so iu ad a couple this morning and i just squeezed a couple small ones in befor close

but this action at this time dosent treat me well so im calling iot there

[night flicker]

ohh.. 875$ a day is still pretty good

[lunar vale]

oh yeah im happy with that! always greatful for green days no matter how big or small\

[hearty rivet]

Mish 3-5 contracts is good

on the micros

at least for me rn

[night flicker]

yeah.. I had to take the 330$ as well even though was supposed to take around 850$.. won't complaint with how the market moved today lol

[night flicker]

don't look at contracts bro.. they don't actually matter, even if you trade 1 micro as long as you are consistent and take good point each trade, scaling it is the easy part

[hearty rivet]

i dont want to be those who win on 3-4 contracts then be like lets go 50 contracts type of guy

ill stick to 3-5 contracts until im consistent for a long time then double the amount

[ivory crater]

I have a question for today's play if anyone trade es1 mini futures ?

[lunar vale]

i trade es minis

[ivory crater]

4044 was the level i marked for a short entry

the reason was due to many times it bunced off , when i did that that time, OB wasn't there

its demand as per previous BOS right ?

it broke too

as per price action , Technically it bounced off the level but couldn't sustain due low volume and consolidation

[night flicker]

you mean 3044 right?

4

[ivory crater]

sorry my bad

[night flicker]

wait.. I see you are on the 1H so I think you did mean 4044

[ivory crater]

3970 level

[night flicker]

placed the lines so you could see the prices

[lost harness]

Hi there anyone around?

[night flicker]

feels like i am always around lol

[lunar vale]

i like to use the fair val;ue gaps for entrys

[lost harness]

Jared can I ask you a question in this chat bro?

[lunar vale]

sure whats up

[lost harness]

Its probably really simple for you to answer. I am newer to trading.

Ok

[lunar vale]

do you want to jkoin a voice chat?

[lost harness]

On the chart I see the market depth. BIDS price is more percentage wouldnt pricve go down?

[ivory crater]

Thanks, I shift to 15mins then waited for change of char at a key level

[lost harness]

Bids are lower priced so if there is more bids then asks why would price go up if they get filled?

Because bids are actually lower priced than asks

I can't talk in voice chat I actually need to buy a microphone

[lunar vale]

bid is what someone is willing to pay ask is what soomeone is trying to pay so those are limit orders

if your seeing that on the dom

[lost harness]

Yeah but in the price action chart premium it shows the market depth on chart

[lunar vale]

take a screen grab of your chart so i can see what your looking at

[lost harness]

Im in trading view I took a screenshot, how do I find it now tho?

[lunar vale]

click the little plus sign next to the chat box

and add it in

[lost harness]

I know how to add it to discord

I took a screenshot in tradingview I dont know what folder it saved in

[lunar vale]

its in downlaods

[lunar vale]

its in downloads

[lost harness]

I got the desktop app

[lunar vale]

i like to do that as well i wait for a good opportunity on a bigger time frame and start scaling in to the smaller tiome frames to get the best possible entries i can find

[lost harness]

There it is jared

Like what is up with the marketdepth there? I know how to trade but I just started like 2 weeks ago. I understand the orderbook/limit orders. Its just are those marketdepth percentages a prediction of price action?

If you can help me I will send you some btc or usdt for your help bro.

[lunar vale]

hop in the vip chat its alot to type

you dont need to send me anything

[lost harness]

Ok

I am in the VIP chat

[lunar vale]

the voicechatr

voicechat

or is that you on finance cloud?

[lost harness]

Im not in finance cloud

It says VIP chat

I see ur name

Do I join it?

[lunar vale]

yes join it

[lost harness]

joared

I clicked join voice

it did not allow me?

[lunar vale]

i sent you a request

accept it we can do a call

[deep quest]

It is all about tomorrow and the Employment Report – We are expecting a print of 225k and Unemployment rate at 3.4% -- Average Hourly Earnings expected at 0.3% m/m

[hearty rivet]

Who here uses a funded account

im about to open one

[night flicker]

I do, whats your question brother

[hearty rivet]

I want to try FFN

My question to you kind sir is wether can i trade on TV using them

I only see people use ninjatrader or stuff like that

[night flicker]

they would probably ask you to use NT, there they can just give you a "key" that connects your account to their account

[hearty rivet]

Is that what you use?

NT?

[night flicker]

TV is really nice but NT has more options for actual trading.. it is a bit annoying to learn but you'll need to do that at some point when you trade futures

yes, NT = Ninja Trader

[hearty rivet]

Sweet

May i ask what firm you use?

[night flicker]

I use Apex, they are good but there are better ones

I can ask someone that is more familiar with these stuff anything you need, just let me know

[hearty rivet]

yeah i want to use apex got a 80% discount code but during registeration turkey isnt on the list

[night flicker]

you're from Turkey not Syria?

[hearty rivet]

I live in turkey, i am syrian but i will use my dads kvc hes british

[night flicker]

https://support.apextraderfunding.com/hc/en-us/articles/8532425144091-Can-Traders-from-any-Country-or-Countries-participate-

[hearty rivet]

i also saw that they support rihthmic and tradovate? so i must have either of these brokers to use it?

[night flicker]

you can't in Turkey unfortunately

[ornate raven]

https://tenor.com/view/so-exciting-simon-cowell-canadas-got-talent-extremely-exciting-so-fun-gif-25777871

[night flicker]

they open it for you

[hearty rivet]

lmao turkey is restricted but syria isnt

[hearty rivet]

sick

[night flicker]

yeah idk why

[hearty rivet]

even if im outside of US?

[night flicker]

Jae how are you?

[ornate raven]

Im good

Focused on port this week

[night flicker]

for me they handled everything, you connect everything to them

[ornate raven]

How are you @night flicker

[hearty rivet]

r u in US?

ty Mish man

[night flicker]

vacation or portfolio?

[night flicker]

doing great, got my account funded finally and just chilling

[ornate raven]

Port, vaca was long weekend last weekend and 12 days the week before

[night flicker]

are you trading in between?

[ornate raven]

I trade for the most part every day

[night flicker]

can't get a rest eh?

the benefits of trading.. making money while on a vaca

[ornate raven]

Im not complaining, money is good

Can trade for like an hour and be good for the day

[night flicker]

a full day for you is 100 trades so I can assume😂

are you only using your strat?

[ornate raven]

Some times its in the thousands. Did about 30 trades today

I use the q strat and I also have some other ones that I use for spx

[night flicker]

does the q one work on other ones as well?

[ornate raven]

Not spx but yes, all listed in bot section under stocks

[night flicker]

damn nice still trying to find a way to work around the commissions stuff

[ornate raven]

I don’t care about the commission, mine is way down, Its very low because of how much I trade

[night flicker]

I wish lol one day I'll join you

[ornate raven]

Are you trading TOS?

[night flicker]

TOS?

[ornate raven]

Think or swim

What platform do you use to trade

[night flicker]

a broker that works with IB here.. they are good but the commissions are shitty for futures and options, so I opened a prop fund account to work around it lol

[ornate raven]

Cool cool

Apex?

[night flicker]

atm yeah

TOS works worldwide?

[ornate raven]

Im not sure

[night flicker]

hmm found a way to open through them.. 1.5$ per option

[ornate raven]

Oof

Round trip?

[night flicker]

I think so

[hearty rivet]

hold on, fees are calculated per contract right

[ornate raven]

Yes

[hearty rivet]

say comission is 0.25$, that means if i buy 5 MNQ contracts ill pay 1.25$ for buy and $1.25 for sell so total $2.5?

damn

[ornate raven]

Yeah

[night flicker]

that is why you don't want to make small profits.. fees will take a big part of it

[hearty rivet]

i see

also, i just bought an 25k acc from FFN

they gave me acc for rithmic

is rithmic only for signing data agreement or to trade/

also they use EdgePro platform to trade hm im confused lol

[ivory crater]

Thanks for all your inputs.

[copper tulip]

I have an APEX Rithmic account and use the Rithmic app for mobile. You can also trade on PC by connecting to Rithmic program and also Ninja Trader to trade from PC.

[hearty rivet]

Nice

i couldnt find the MNQ and the MES on rithmic app for mobile

is it MES.CME and MNQ.CME?

[copper tulip]

there is a cog/gear on the top left of the ticker trading tab to switch between accounts for your username.

[hearty rivet]

ty man

[night flicker]

gm everyone, ES is simple to follow, don't over-complicate it

[next badge]

Agreed 👍💯

[deep quest]

S&P futures vs fair value: -1.00. Nasdaq futures vs fair value: +37.00.

[fair stag]

Bro. What strategy you using for futures?

[hearty rivet]

Gm bro

[night flicker]

I have many strategies, my main one is just pullback on HA candles

[hearty rivet]

Does ES and NQ behave similiary everyday? like is it like one of those stocks where you can understand its behaviour, idk like crude oil was it?

[night flicker]

using volume to confirm that, I don't draw anything in that strategy or use any indicators, but I don't fully share it because I check many things before I enter a trade that it would break my brain to explain to others why and how

[night flicker]

ES and NQ usually move almost the same.. I'll give you an example why it is almost

ES from market open to 3 hours later, 5m candles, HA

NQ same settings

you get a candle here and there that are different, but the overall move is the same

[fair stag]

Could you please share screenshot for this setup?

[night flicker]

NQ yesterday 5m HA

[fair stag]

I cannot see pullback in the screenshot

[night flicker]

oh wait, pullback / reversal

there it was a reversal

they are essentially the same, a reversal starts as a pullback

[fair stag]

Okay

[mild mesa]

bois

anyone have an AMP discount code?

its the only one ive found that lets you trade VIX

[minor garnet]

Is there a meeting today?

or a report

[wind rock]

Unable to open, can you pls enable the sharing?

Fireworks started after job numbers

[mild mesa]

forreal

[hearty rivet]

It’s free to make an account aren’t it

[hearty rivet]

Thanks bro!

[minor garnet]

If we hit 4010-4020 were gonna reverse and sink down

Or we just bounce all day long

[night flicker]

what TimeFrame are you looking at?

[wind rock]

Official Roll-over date to move to June contract of NQ/ES Monday 3/13

[minor garnet]

1hr

[night flicker]

basically went for the same zone

[hearty rivet]

Sick so if I chart one and open both in same screen I can take entry

[hearty rivet]

Copy paste bro damn that’s interesting

Makes me feel if my setup is good on NQ I can enter it on ES instead for better rr

I also have a question regarding funded account

Must I trade everyday ?

[rocky flicker]

My trading system is NinjaTrader

[lunar vale]

i have 2 funded accounts top step and takeprofit and i dont have to trad every day on either

[hearty rivet]

During evaluation I mean

[lunar vale]

no you dont

[hearty rivet]

Sweet

[mild mesa]

yo jared

im about to sign up for topstep

[lunar vale]

but it does take a minium of trading days

[hearty rivet]

Thanks friends

Yeah 15 for me

[lunar vale]

do it bro

[mild mesa]

from my eval

this is the one im leanign towardcs

need to be able to trade vix

[lunar vale]

yeah so the trick is if you have hit your goal just go on every day and tap a quick micro trade each day

oh topstep?

[mild mesa]

am i right in this?

[lunar vale]

yes sir

[mild mesa]

i know i can on Amp

[hearty rivet]

Sweet

[mild mesa]

do we have a discount code for Top?

[wind rock]

I am doing eval on Apex

[lunar vale]

they toss a decent code out every month

i would wait on one when it comes up ill throw it in the chat

[mild mesa]

ok thank you

im going to start this amp one with the code we have

[lunar vale]

no problem ill be sure to tag you too soi you dont miss it

[mild mesa]

❤️

[minor garnet]

SPX 3,845 PUT @ 2.35/e 0dte <- my current position

[ivory crater]

@lunar vale if 3900 level in SPX one and spend sometimes in consolidation, it can have a good entry either side if we get change of chars ? thughts

[solemn lichen]

@ivory crater has earned the Lux Level 1 role!

<@!710711924974682175> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[minor garnet]

Going to close my position around the 3910 support level

[lunar vale]

very possible im looking too see how much it tumbles as we do have an order block in the 3850 level that we could see today befor reversal.

id keepo a close eye on it

[ivory crater]

you meant 3885 ?

on SPX

[minor garnet]

Shouldve opened 2 contracts so i couldve left a runner

[minor garnet]

Ok bois, out of my position from $2.35 -> $6.90

[ivory crater]

@minor garnet awesome

congrats

[minor garnet]

ty ty

[ivory crater]

this OB respected very well with a bullish candle forming in 1hr

[dusty grove]

Cool, signed up and did my Judas swing thing this morning and scalped a quick $400 💪🏻

[night flicker]

wait what? how did you connect it yo TV?

[dusty grove]

Tradovate

[night flicker]

do I need to open an account there first?

[dusty grove]

On TV?

[night flicker]

Tradovate

[dusty grove]

I think so, I had one from when I was doing topstep 🤔 I can’t remember

I think they give you tradovate credentials

[night flicker]

damn I'll look at it, it would be easier for me to trade through TV

[dusty grove]

Yeah I can’t any other way

Thanks for sharing ✌🏽

Apex is way cheaper than topstep.

[night flicker]

sure, gl with the evaluation steps!

remember that you first need to trade 7 days and then you can ask for withdrawal with a minimum of 10 trading days.

[dusty grove]

🫡

[deep quest]

Tradestation is a good combination with TV and LuxAlgo

The stock market remains under pressure today amid continued selling pressure in the banking sector.

This morning Bloomberg reported that Founders Fund has advised companies to pull their money from Silicon Valley Bank and CNBC reported that deposit outflows at SVB Financial (SIVB halted) are outpacing the sales process (i.e., larger banks have reportedly been looking at buying SVB, but their willingness to do so goes away certainly if the bank's deposits go away). The SPDR S&P Bank ETF (KBE) is down 4.6% and the SPDR S&P Regional Banking ETF (KRE) is down 5.1%.

Unsurprisingly, the S&P 500 financials sector sports the largest decline by a wide margin, down 1.5%, while the energy sector (+1.1%) leads the outperformers.

Treasury yields continue to decline in what appears to be a flight to safety trade. The 2-yr note yield is down 26 basis points to 4.62% and the 10-yr note yield is down 18 basis points to 3.74%.

[wind rock]

Apex started Tradovate only last week. Need to signup for tradovate specific account

[night flicker]

yeah.. just saw that, damn

[hearty rivet]

So volatile rn

i accidently entered a mini on my funding acc fuck lol went down 900, then got up 450

[minor garnet]

SPXW $4,010 Call
SPXW $3,960 Call

Current Postions

[ivory crater]

@minor garnet double bottom play ?

• W

[hearty rivet]

i burnt my funded evaluation acc lmao

[wind rock]

welcome to the club😀

[hearty rivet]

i did it on purpse to learn how to use this shit rithmic app while waiting for my trading platform account to get setup

it was only $80 acc

i also wanted to see how trading is during news

[mild mesa]

XD

[hearty rivet]

and wasnt following my setups to be honest

[mild mesa]

rithmic with apex?

[hearty rivet]

i was just longing and shorting

[mild mesa]

habibi

no bueno

[hearty rivet]

got up $611 and then down $1500

[mild mesa]

startring next week

[hearty rivet]

yeah i know

[mild mesa]

we have daily calls for trading sessions

[hearty rivet]

nice

im buying a new acc

[mild mesa]

let me know

what time works for you

@night flicker can get in too

[hearty rivet]

all day all night

[mild mesa]

❤️

i can do min 4 days / week savage mode

[night flicker]

huh?

someone said my name?

I was summoned😂

[mild mesa]

yea next week were gonna run some trading session calls

[hearty rivet]

bet im in

Mish i burnt my funded acc xd

i was clicking every button to understand how rithmic app works on phone its shit no sl no nothing

i clicked the + button and instead of adding 1 contract it added 10 lmao

rookie mistakes

[mild mesa]

xD

[night flicker]

lol rip

[hearty rivet]

was just experimenting, there was no setups, there was news, unfamilarity with the app and wanted to see experience everything i can and thank god i did

[minor garnet]

Yeah reason why i didnt like apex

rithmic’s app is dog

[hearty rivet]

Edge Pro platform to trade looks nice

[wind rock]

I use Ninja trader with Apex

Much better than Rithmic

[hearty rivet]

oh

market closes today right?

till monday

[night flicker]

yeah not sure what they on about

[wind rock]

Futures open Sunday 6pm

[hearty rivet]

thats good

i should renew my acc sunday then

[minor garnet]

But low volitility

[hearty rivet]

what do you guys do on weekends lol

[minor garnet]

cry

[hearty rivet]

lolol

i like this idea of funded accounts

costs you $80-100$

[minor garnet]

Be careful

Who are you using

[hearty rivet]

and you get 25k funds

[minor garnet]

Apex?

[hearty rivet]

if you lose anything you lose ur 100

[wind rock]

Bitcoin open 24hrs if you cannot leave trading 😆

[hearty rivet]

with your own funds, minimum you should trade with is a 1k-2k acc

and you can risk losing all that. just use a funded account less stress

[minor garnet]

@hearty rivet are you using apex?

[hearty rivet]

No it doesnt work in turkey

but i got a 85% discount code for APEX

so its only $30 for a 25k account lol

[minor garnet]

What are your withdrawal requirements?

[wind rock]

Much cheaper if you use current promotion coupon on Apex 80% off

[ivory crater]

bro, you really found the bottom 🙂

[hearty rivet]

minimum $1k, no max withdraw and the last requirment is your balance is beyond the minimum threshold

so if you got 25k acc, you can withdraw anything above $26.5k

[minor garnet]

Who is it that your using?

[hearty rivet]

Yeah i know i wish i can use apex $30 is nothing ill make 10x if necessary

but doesnt work in turkey

[minor garnet]

Who are u using then?

[lunar vale]

well im done for the day ]

[hearty rivet]

FFN/ FundedFuturesNetwork

im close to the owners

[minor garnet]

Ah

[night flicker]

@rocky flicker is this a valid entry for you?

[minor garnet]

Gotta work on my greed

just cost me a $200 gain

[solemn lichen]

@minor garnet has earned the Lux Level 2 role!

<@!935324558020452403> just levelled up

Welcome to the Lux Level 2 role! Thank you for being an active member of the Lux Algo community <3

[wind rock]

Nice reversal

[night flicker]

Its @rocky flicker strat

[hearty rivet]

yoyoyo

just finished my german lesson

[hearty rivet]

looking nice

[hearty rivet]

There is a buyers hold around the current price of that pic, so good place to sell half of your position or all or let some go to the ob below

[night flicker]

missed a trade on this while reversal because "didn't look right"

[minor garnet]

tempting to enter rn

[lunar vale]

who didnt it look right too?

[night flicker]

I usually don't enter when the momentum grew too fast, it usually shows an impulsive move that wouldn't hold much

[minor garnet]

fuck it im staying out

[night flicker]

see the 3 red candles? they slowly grew in momentum

[minor garnet]

I was thinking about longing rn

[lunar vale]

oh ok they way you said it i thjought someone else told you it didnt look right

[night flicker]

BUT it had the same momentum as the previous 3 green candles so it should hold.. and it did

but all in all.. the SL would've needed to be 1k only on ES and something around 700 on MNQ

if I would've lost it my APEX account would've gotten liquidated

but maybe with a 90%+ wr it is worth it lol

[night flicker]

oh no.. fuck that lol

I usually don't care what others say on my trades

[lunar vale]

same here man any time ive done a live call while trading its always just annoyed me

[night flicker]

yeah.. especially if your strat is pretty weird

for example with mine most people would say "it is too risky to enter rn, we are in an uptrend still"

[lunar vale]

seems like its working!

[night flicker]

yeah.. just annoying to miss a trade like this.. but it will happen

if I would've entered both.. I would've gotten 3.6k.. oh well lol

[rocky flicker]

Sorry, I was busy, I'm back... my target for MNQ - reach to 11714

[night flicker]

the problem is that if you look at my screenshot, the lines didn't cross

because it repaints

[wind rock]

What a crazy fall after SIVB closed news

[ivory crater]

Did you wait for line cross ?

[night flicker]

use this one

[rocky flicker]

I know, the 2 lines still did not cross...
The important is see that the trend line changed color and will appear triangle in the top of bar - mean the trend changed

[solemn lichen]

@rocky flicker has earned the Lux Level 2 role!

<@!1019837957613572096> just levelled up

Welcome to the Lux Level 2 role! Thank you for being an active member of the Lux Algo community <3

[hearty rivet]

Updated the zones

[rocky flicker]

No, I use with this one

[hearty rivet]

I would take a short if we pullup close to the 5m

or wait for a smaller tf zone to form inside the 4HR demand to long as its a huge af one

[night flicker]

they are the same on the live candle, only difference is that one repaints and the other doesn't, if you want to use stuff like cross overs and such I think this one is better, if you want to use historical data and apply it to current the lux one is better

whatever fits you

[gleaming nest]

What does this white line do?

[rocky flicker]

I will check the line you suggested

[hearty rivet]

would take a small tight sl long at this 1m demand

out

Ez pzy 3 contracts micro

i closed full position instead of half but beautiful rally base rally (RBR)

200 ticks up from the zone

Would you look at that

[mild mesa]

Ironically enough these minis really respect strong sdz

[hearty rivet]

50% of my target achieved thank god

[hearty rivet]

during news they dont

[rocky flicker]

To close short position I am waiting to see that only - the trend line changed color and will appear triangles

[mild mesa]

Habibi that should be common sense with such heavily macro influenced indexes

[hearty rivet]

true habibi

[mild mesa]

Once you saw good labor numbers

At 8:30

https://tenor.com/view/pump-it-up-digibyte-dgb-bitcoin-workout-gif-20856637

[hearty rivet]

lolo

what is going on lol

news again?

MNQ is pump dump pump dump

[rocky flicker]

Weighted Moving Average with Trend Color ... I am using white color, but you can set 2 colors

[night flicker]

thanks to @rocky flicker

[hearty rivet]

lolol

i couldnt find a demand zone on all tf for MES lmao

[copper nexus]

looks like some sectors started to rally

although not a good sign

those are defense sectors usually

RE was absolutely destroyed today

[night flicker]

latest signal

[hearty rivet]

1500 ticks?

jesus

[night flicker]

68*

[hearty rivet]

opps

thats a sick trade

[night flicker]

yep

[hearty rivet]

mish

is there any news around now?

[night flicker]

2 hours till CME closes for weekend

don't think anything special will happen

we probably got high volatility because of news + last day of current contract

[hearty rivet]

market was crazy past 1-2h

[hearty rivet]

thid explains it

beautiful rejections from zone to zone

[night flicker]

a new concept I am working on

[deep quest]

The price action is why working well...

[hearty rivet]

thats very similiar to way im trading Mish

[night flicker]

huh?

[night flicker]

thats 76 points profit in those 2.5 hours

the last trade didn't work out because its the last 30 minutes of the week

[night flicker]

on ES

and thats the 5m

[hearty rivet]

just bought my dxfeed live data feed

lesgo

[night flicker]

nice

[hearty rivet]

tyty

big ass liquidity at 3862 and at medium at 3868

[hearty rivet]

very good work bro

[night flicker]

market closed.. nothing to look at atm

[hearty rivet]

i plot my zones very similiar to how you doing

[night flicker]

didn't plot zones brother

[hearty rivet]

you directly taking an entry?

[night flicker]

yes

[hearty rivet]

i wait for it to come back to that area

nice let me know how it goes

[hearty rivet]

really? nooooooooo

[night flicker]

nah I don't care about areas and zones

[hearty rivet]

did i just buy it at wrong time fuuuccccckk

[night flicker]

lol you'll use it monday / sunday night

[hearty rivet]

bet

[wind rock]

30min to go for futures to close though there wont be much liquidity

[solemn lichen]

@wind rock has earned the Lux Level 1 role!

<@!1000486538322387045> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[hearty rivet]

oh

market still up for 25 more mins

ett

bett

[night flicker]

ohh wait lomao

that chart was on only US trading h ours

mb

[hearty rivet]

lolol

does the mini and micro

so NQ and MNQ show same chart?

they look slightlty different for me

[night flicker]

because they are

a little bit

the difference between Micro and mini is the same as in ES and NQ

[hearty rivet]

hm

im asking because on bookmap

[night flicker]

look at whatever you trade

if you enter on MNQ then look at MNQ

[hearty rivet]

it shows price as 3800$ etc

instead of 12k etc

[night flicker]

you sure it is MNQ

and that it is price and not volume or something

[hearty rivet]

let me check

[night flicker]

so?

[hearty rivet]

got it

[night flicker]

nice

[hearty rivet]

if i was in a long id close at a supply or

at 11866

here we go

there we go

closing position can enter short aswell

big buyer

huge buyers filled the sell orders

price can go pump af

holy shit lmao,

buyer bought all the sell limit orders liquidity pushing price in a huge pump

that would be in our favor either way, we would close half let other half continue

jesus lmao

the buyers ate the huge all the sell liquidity

huge liquidity at 12901

in a short

at a supply aswell, very nice, sl above the highest sell liquidity at 12906

lmaooo

market closed

[wind rock]

15 point jump at close..

[mild mesa]

Brooo

That’s the biggest thing the market hours XD

[wind rock]

Must be some news or big guy buy/short cover

[night flicker]

As per my strat

[hearty rivet]

check my last few pics, 100 contracts sellers liqudity got bought by double that by a buyer making the price poof up

[hearty rivet]

nice

is that ATR

jae's 1m strat?

[night flicker]

yes

[hearty rivet]

nice

that was such a consolidated and squeezed area

gotta be careful squeeze couldve gone either side

[rigid fox]

Luke ya here?

[hearty rivet]

20240

[night flicker]

yeah maybe lucky setup on the last one lol

[rigid fox]

what is this channel?

[hearty rivet]

opps

[night flicker]

@hearty rivet that's the concept that I am testing atm, this is a replay so not live.. as you can see there is nothing to know from for these reversals

[night flicker]

look at the PDF

[hearty rivet]

nice

[twilit dome]

Hello everyone newbie here!

Anybody from the tri state area?

Pa,del,nj,

[lunar vale]

welcome to the party!

[hearty rivet]

welcome to the closed party

we are open 5 days a week and closed 2 days

[copper tiger]

what was the name of the page where you could see the most important news of the day?

[rocky flicker]

Sharing with you https://www.tradingview.com/script/r2aZvj57-Twin-Range-Filter/

[rocky flicker]

https://www.investing.com/economic-calendar/

[night flicker]

these settings seem good

[hearty rivet]

Who’s ready for market open in few hours

[minor garnet]

Market sinks all week?

[waxen socket]

I think the SPY retests the 392 area on Monday before plunging to 378-379 later on in the week.

[past jungle]

Smart trail is so good

[copper tulip]

some movement now

[night flicker]

bro the market just opened lmao

[tight phoenix]

@night flicker Hi, on the strategy you previously shared, I am confused as in the steps, you refer TSO, but in the images, I only see PSO. Can you clarify that, please?

[reef dragon]

Hi friends , a quick question . i was skeptical to take trades yesterday and DXY stopped moving

Why does it stop moving on charts and then later appears ? and what does it mean?

[night flicker]

OOPS.. I meant PSO not TSO

[rocky flicker]

Good morning 😉

[mild mesa]

lehgooo

[minor garnet]

Futures are hot this morning

It is imbalance galore on this run down

Might grab a call or 2

[hearty rivet]

My position from Friday

TP

[night flicker]

you should check my strat.. also today it was trending so I entered on signals that were without a cross

[rocky flicker]

What TF ?

[night flicker]

5m

sorry

1m

on ES

those trades were 105-ish points profit

I didn't took them I only took the last one because I forgot I had this strat in the background

[rocky flicker]

Today early morning I had a few great trends on MNQ

[night flicker]

also.. I wouldn't go for trades with it before UK hours

[night flicker]

yep, today was nice for trading

we have CPI in 1.5 hours so keep that in mind

[waxen socket]

And an emergency fed meeting at 11:30? 😬

[night flicker]

30 minutes after yeah

not sure what timezone you are

[waxen socket]

EST here.

[tired helm]

That should move the market

[ivory crater]

Very good morning, Do you wait for cross over then look for price action for the entry ?

[waxen socket]

I'm going to hold off on trades until 12:30 PM. I think there will be a fakeout on the initial move.

[rocky flicker]

Entry with 4 parameters (2 min chart):
Crossing 2 lines + LuxAlgo Signal + Breakout/PB + strong signal from PSO below indicator,
.
Exit from trade: When arrive - Reversal pattern or paint-triangle or X or big long Pinbar

Sometimes LuxAlgo signals fake

[ivory crater]

yes, thanks

[rocky flicker]

Exit from trade: When arrive Triangle above/below the bar

[hearty rivet]

How’s my futures bois today

Enjoy the morning before CPI kicks in

[night flicker]

was that triangle live?

you are using the repainting one

[rocky flicker]

I know that this repainting, and because that, I want to see 4 situations will exist...

[night flicker]

yeah but I am talking about when you exit, when I used the repainting one, I usually got a few and only one / two stayed or non

[ivory crater]

@rocky flicker nice strat, still in the trade

[night flicker]

btw, don't get me wrong.. I am just curious not attacking your strat or anything, seen it work and it is a good strat

[rocky flicker]

Exit when have: reversal pattern or paint-triangle or big long Pinbar - like in last short trade

[night flicker]

ohh now I understand, thanks

[ivory crater]

Yes, Additionally, I pay attention to price actions, thanks bro.

[jade agate]

Isn’t cpi tmw?

[hearty rivet]

[wind rock]

CPI Tomorrow 8:30am ET

[rocky flicker]

Yes

[night flicker]

yeah my bad, today it CPI expectations

[rocky flicker]

MNQ 2 min - the distance between 2 lines continue be less and less, and probably we will close the long trade soon...

The Long Trade closed.

[tired plume]

is this the strat you posted in a PDF recently? thanks!

[night flicker]

a little modified, you'll see in the PDF that I said to wait for cross but today if the NW was already under the WMA and got a valid signal I entered

keep in mind that you'll many times get signals on big candles.. best to avoid those with this strat because the SL will be too big and you'll need like 40 points move to win

and it is on the 1m so 40 points move is too big

[rocky flicker]

Yes, you right.

But I am looking for a big fish

[digital geyser]

anymore economic news todaY?

[deep quest]

There was no U.S. economic data of note today.

[fiery elm]

I would like to review the PDF

[digital geyser]

share a copy mate, i missed it too

[fiery elm]

tried to control + f but can't find

[wind rock]

pdf here

[night flicker]

thanks, I was offline

if you guys want me to give you a review and what trades were valid and which ones are invalid and why, lmk

[fiery elm]

thank you very much!

[mild mesa]

@hearty rivet rdy to do some charting tongiht?

[hearty rivet]

@mild mesa yes bro let’s go in 30 min or so

[hearty rivet]

lets go

[hearty rivet]

@mild mesa

[mild mesa]

@hearty rivet pick a channel

[onyx sigil]

What’s TSO? What’s the bottom indicator called that looks like bars

[rocky flicker]

PSO

[night flicker]

footprint charts go brrr

started 30 minutes ago lol

[rocky flicker]

MNQ back to 1 min chart ... the 2 min chart is requiring from me a big stoploss

[cunning gull]

@rocky flicker , what’s the blue/purple columns at the bottom?

[hearty rivet]

GG

Haven’t been trading much for since Friday

Let’s continue 2k to 3k challenge

[ivory crater]

@rocky flicker nicely detected trade change.

[hearty rivet]

are we trading the MNQH3 or MNQM4?

[waxen socket]

Anyone taking short-term bearish trades now on SPX? Copper is screaming to us that we should not believe this rally at all.

[hearty rivet]

TY

[rocky flicker]

Please add your chart

[rocky flicker]

MES still in short

[hearty rivet]

MNQ diving down

[hearty rivet]

can you share your chart setup link

i wanna try something

[rocky flicker]

mes or mnq

[hearty rivet]

mnq please

so i can automatically save your settings

[rocky flicker]

they are not same parameters

[hearty rivet]

i only trade mnq, if its okay with you

[rocky flicker]

MES https://www.tradingview.com/chart/97lM4DHi/

[hearty rivet]

thank you very so much friend

this is MES right? do you have the MNQ by any chance?

[rocky flicker]

MNQ https://www.tradingview.com/chart/hpZvXtEJ/

[ivory crater]

nice.. I sold too early 😦

[hearty rivet]

tyty

❤️

[minor garnet]

Whose got the backtester

Trying new strategy for myself

Lmk thoughts on it

So example. Spy moves to “blue” smart trail you enter a long only if the trend catcher is green aswell.

SPY moves to “red” smart trail, you wnter a short, only if trend catcher is red aswell.

[waxen socket]

Classic short squeeze right in the last 10 minutes.

[hearty rivet]

damn futures market is closed for 45 mn more

forgot to close my position

it was 200$ green now $200 negative lolol

[graceful mist]

oh nooooo

[hearty rivet]

it might wick up but

it has to go down, we are in a 5m/15m/30m supply and a very key swing high

yeah lol was 303$ actually

now

[graceful mist]

I feel for you my man

that suks

[hollow grotto]

Why are you trading futures there’s no liquidity

[nimble vale]

nice day on NQ

[hearty rivet]

nicee

[hollow grotto]

Wait is this ES?

Oh NQ

NICE!

[nimble vale]

thanks! es moves to slow for me sometimes so i like nq more often

[hearty rivet]

lets hop we get a gap down in 35 min

[hollow grotto]

Todays gains!

[hearty rivet]

Whats your input on that quant

[hollow grotto]

Sorry not futuras

[hearty rivet]

very nice

you call yourself paper hand? aha i disagree!

[hollow grotto]

Lol thanks!

[night flicker]

profit is profit

we love to see profit

[hearty rivet]

damn market close i have to keep an eye on it lol

[nimble vale]

the move at the end of the day there has me thinking more up... with svb getting bailed out and the cpi not bad bulls are showing up

[hearty rivet]

i do agree

my $300+ position is gonna negative arent it lol

[minor garnet]

Quantower or sierra charts

[hearty rivet]

[nimble vale]

but all depends on time.. if you got time youll be fine. Let Jpow do his thing... we still could get a 50 point raise

[minor garnet]

@hearty rivet were you doing this for a combine?

Like a evaluation?

[hearty rivet]

glad to hear so, im also glad this position wasnt a scalp but a swing trade so it got all the time it wants

[hearty rivet]

being in crypto for so many years i want to see if i can survive Futures before moving to it full instead of crypto. So right now i made myself a $2k to $3k challenge. if i succeed i will do the same on my funded account to complete its evaluation and go on from there

[minor garnet]

Oh so its paper trade?

[hearty rivet]

$2k to $3k is quiet easy but im only doing max 3 contracts to tense it up

my future trades? yeah rn only paper

but im taking my trades very seriously as if its real trade 1:1

[minor garnet]

Ahhh okah, i was abt to say if you did it on a funded account or evaluation they usually immediately fail you if yoy dont close it before the market closes

[hearty rivet]

really? nice to know. thanks friend, but anyway i am a scalper so my trades consist of mainly 10 minutes, if nothing happens in that 10 min i close out so i presume that shouldnt be of a big deal hopefully aha

[nimble vale]

Depending on platform if you’re in a challenge/evaluation you can set it to auto close your position so that never happens

[hearty rivet]

sweet

[fervent shale]

During the NYSE trading session, which minute chart do you guys use?

[rocky flicker]

MNQ 😃 Good morning!

[rocky flicker]

Big Falling ... Trade of just 2 MNQ

[hearty rivet]

We reached a 4H demand

Bounced amazingly

[hearty rivet]

How you holding this trade this long aha good job

[rocky flicker]

Start thinking about big Fish

[hearty rivet]

In what sense ?

Be more patient?

Sick

[tight phoenix]

Hi guys

New to the channel

See you guys are doing great

Looking forward to collaborating with you all

[minor garnet]

We will flip to the upside later today

gonna buy calls when market opens

[night flicker]

yeah we will go up

we need to break 3905 first

I think we might fly for 40 points

which we didn't so now we might reject on 3866

[mild mesa]

mmm is NQ on the menu again today bois

[minor garnet]

Bruh FVG is OP

[gritty crane]

We hit it 3905 anyone in for the long?

[night flicker]

a hit is not a break..

we might even play the zone here, bouncing from 3866 to 3905

[deep quest]

wow, talk about volatility...

quite a dance going on in the ES

[night flicker]

yep, love the volatility

[rocky flicker]

Still not have a clear direction...

[night flicker]

released yet?

[wind rock]

Yes, Crude oil in 15mins, others couple of hours back

[deep quest]

Business Inventories: ACTUAL -0.1% .. Expecting 0%

Housing Market Index: ACTUAL 44 .. Expecting 40

PPI Core m/m: ACTUAL 0.0% .. Expecting 0.4%
PPI Core y/y: ACTUAL 4.4% .. Expecting 5.2%
[7:37 AM]
Retail Sales: ACTUAL -0.4% .. Expecting -0.3%
[7:38 AM]
PPI-Final:
PPI m/m: ACTUAL -0.1% .. Expecting 0.3%
PPI y/y: ACTUAL 4.6% .. Expecting 5.4%
[7:39 AM]
Empire State Mfg Index: ACTUAL -24.6 .. Expecting -8

[night flicker]

thanks, bullish or bearish in your opinion?

[rocky flicker]

Europe today RED... so the question who is following after who ?

[night flicker]

maybe they will fight and will consolidate like it is atm

[rocky flicker]

Still not have a clear direction...

The Entry should be with PullBack

MCL - Oil fall 5%

[night flicker]

willow project maybe?

[rocky flicker]

Looks like long ?

[gritty crane]

Thanks for updates during the day.

[rocky flicker]

NQ is pushing UP and ES is pushing Down....Both them should be in sequence and move to same direction...

[nimble vale]

caught the long also

[hearty rivet]

Very nice

Zone to zone back to zone

[deep quest]

Crude Oil breaks $67 -- lows $66.83 -6.21%

[past jungle]

Are these a supply/demand indicator or hand drawn?

[violet tinsel]

is that a funded account or your personal?

[nimble vale]

both haha top one is a topstep account bottom is personal

[violet tinsel]

u passed the eval?

[nimble vale]

yeah

50k account

[violet tinsel]

i keep getting so damn close i make it to like $300 away and i start to lose

i use apex not topstep though its cheaper

[nimble vale]

yeah i probably reset 5 times

[violet tinsel]

my mistake was trying to pass 4 accounts at the same time with a trade copier

[nimble vale]

haha yeah.. ive never tried a trade copier. plus topstep only allows one funded account active at a time

i guess multiple accounts could work

i definitely had to switch my style up a bit to fit their rules... personal account has the balance to add contracts whenever i need/want to but with their rules if you are doing that precision is a must otherwise way to easy for drawdown to take you out

[solemn lichen]

@nimble vale has earned the Lux Level 1 role!

<@!348973377056145408> just levelled up

Welcome to the Lux Level 1 role! Thank you for being an active member of the Lux Algo community <3

[violet tinsel]

yeah thats my goal is to take these 4 accounts and make like $300 on 1 trade then it copies it to 4 accounts which is $1200 a day

then done for the day

if i do 4 contracts at one trade and i hit a stop then the drawdown is bigger

[deep quest]

Crude Oil new lows -7.55%

[hearty rivet]

Hand drawn. Been doing hand since many months

[deep quest]

Crude Oil settles @$67.61

[hearty rivet]

I haven’t traded crude oil though it’s so beautiful to accommodate to

[deft garden]

Any filipinos here?

[nimble vale]

🤑

[hearty rivet]

Very nicee

how many contracts?

[night flicker]

I think normal candles are the worst for futures imo lmao

I am using Renko, HA and range and getting better results than any other strat I had on Japanese candles

[nimble vale]

only use 1 nq contract on the 1 minute timeframe normally taking profit at 20 points @hearty rivet

[hearty rivet]

Thats sick, do you follow any strats on here or mind you share your setup with us? id love to have a look

[nimble vale]

I use the premium signals on mid term auto pilot, the 50ma and a combo of the rsi & adx called "dynamo"

rules are price above or below the 50, candles colored green/red and then looking for the momentum to follow.

attached a great example from today which was 37 points but like i said im not trying to hit homeruns. 20 points = $400 per trade. few times a day and im out @hearty rivet

[hearty rivet]

very nice thanks for the share

[night flicker]

are you entering when the candles change colors?

[hearty rivet]

^

[nimble vale]

If the momentum is with it yes. Not just any color change

[hearty rivet]

whats your conditions be strictly speaking for momentum would be?

dynmo's stoch and adx above midway?

thing i lack but really depend on is momentum so your input would be of high value to me

[nimble vale]

Yeah I like to see the ADX crossing or about to cross above the 25 line and the rsi above/below the 50 level and angled in the direction of the trade.

Most of the time this will be occurring or have occurred due to the candles having the purple buffer letting us know the trend is changing.

Another good example from today waiting until we get that but one of your strats caught this same move!

ADX is a great tool for momentum. The stock settings are good but for scalping going to a 7 or 9 can give you many entries for quick in and outs.

Nice example with the setting of 7 for the ADX

[hearty rivet]

Love it, beautifully clarified thanks QT!

[hearty rivet]

I’m going to incooperate this into my trading to get the edge I’m missing, exactly what I’m looking for thanks man! Always fond of ADX.

[nimble vale]

Just for clarification too you can see here the ADX stayed flat during the change of color and break of the 50 so no trade… could it have worked? Sure but why take unnecessary risk

No problem! Hope it helps out! @hearty rivet

[tired helm]

What is ADX

[hearty rivet]

Love the heads up, awesome job QT on the setup and also on those trades

Regarding ADX length would be 7 and smoothing also 7? Or just length

[nimble vale]

I just change the length

Could make it even faster with the smoothing too

[hearty rivet]

Very nice, I presume Stoch as default

[night flicker]

ADX shows you the strength of the trend, it is lagging a bit but I think Quant approach is really good.
usually, the RSI above 50 means up-trend and under 50 down-trend.
ADX under 20 means either a weak trend or a trend reversal is coming..

so since he is looking for a clear trend using the RSI (under/above 50) and looking for the previous trend to die (ADX under 20) and looking for the current trend to strengthen (ADX crossing 20) he gets really good trades.. adding the lux algo gives him the perfect entries since it confirms the trend + gives him the entry signal

[tired helm]

@night flicker thanks miss

Mish appreciate you sounds like a good strategy I’m going to back test it

[nimble vale]

Yes thank you @night flicker that was worded beautifully haha

[night flicker]

all credit to Quant, he built the strat not me.

[hearty rivet]

Just took this short 300$ short since we in 3H, 15M, 30M, 5M supply as well as premium zone as well as EQL. And I know it will go down at some point but I closed the price. I could use this momentum to hold the trades longer as well as kniw when fo enter inside a supply demand

[night flicker]

thanks, been doing it for a while lol

[tired helm]

@nimble vale thanks for the set up

[hearty rivet]

Also MNQ usually moves around no more than 1000 ticks on average a day

It already moved 1k+ today

[night flicker]

Btw Quant, if you find a way to replace the lux candle color with something else, we can contact Aker for him to automate it for you

[nimble vale]

Yeah I’ll see what I can find..before lux I was using an indicator that colored them based on crossing the 50 but I do like the purple filter as it avoids false breaks of the 50 and kind of confirms the trend change

[night flicker]

you can check the lux basic signals maybe that will work as well

[deep quest]

https://www.tradingview.com/script/7wrshs1q-Combined-Strategy-Trading-Bot-RSI-ADX-20SMA/

[hearty rivet]

I made an indicator that uses 60 MA and ma line changes color from green to red or vice versus depending on price. It also had adx coded into it . You can use that if you decide to automate it

[deep quest]

https://www.tradingview.com/script/2v6xWp3g-Dynamo/

[nimble vale]

Great example of the purple saving you from the false 50 break and then you get back into the long based on the rules

[night flicker]

do you know what the histogram in background is?

[nimble vale]

Yeah I believe it’s the stochastic

[night flicker]

do you think that might be usefull?

[nimble vale]

There is a volume option too but it gets to be to much

[night flicker]

I'll take a look at it tomorrow maybe I'll find something to replace the candle colors

[nimble vale]

Yeah it definitely could and subconsciously I might be using it to confirm especially with longs on the shorts since you can’t see it much when it’s low it doesn’t help

[hearty rivet]

Can we enter on purple if all conditions met?

[nimble vale]

I normally don’t but that’s only cause I’m using 1 nq so I can’t risk lower than that but if you’re on MNQ and have the ability to lower your risk due to it possible being a riskier trade then go for it!

10 mnq = 1 nq so if you half that and do 5 and then possibly add 5 more once you get the candle color that could work

[night flicker]

so you could do something like 1 NQ on 100% trades and then 3 MNQ on not 100% trades

[night flicker]

or this lol

[nimble vale]

Yep exactly

[night flicker]

if you know how to play with MNQ it can be very useful

you can then also take 5 MNQ on 20 points, move sl to breakeven and let it run and slowly increase your sl

[nimble vale]

Yep! That’s a great idea too. Gotta love a group think!

And with Ninjatrader that can all be set up automatically too

Probably with other platforms too but I just know ninja

[night flicker]

yep, with the strategy thing, I haven't looked too deep into that but I know you can do some wild stuff with it

gn for now everyone, Quant, I'll let you know what I find tomorrow

[nimble vale]

Have a good one! And sounds good I’ll be around!

[hearty rivet]

Gn

Keep up the good work

[soft crown]

Are you guys having any problems with any of the LuxAlgo indicators after market hours??? I've been having problems with the Price Action Concepts and the Premium indicators not populating all the data during the night sessions

[nimble vale]

Do you have regular trading hours on or electronic trading hours on? Should show in the bottom right if you’re on computer. RTH or ETH

[soft crown]

ETH

[nimble vale]

Hmm that’s weird… what parts arnt populating?

[gritty crane]

Thanks QuantThis, Mish, Lukehotfun, and dctrader33 - great information today

[soft crown]

With the Price Action Concepts its the Fair Value Gaps and with the Premium indicator its the Confirmation Buy/Sell

[wind rock]

Just saw this if anyone wants to try

[lunar vale]

i might take a look into it just i passed my apex trader account today so looking to get into another one

thanks!

[wind rock]

Congrats !

[lunar vale]

thanks! i think apex trader was a little easier than top step but they way they do the trailing drawdwon is a little strange

i liked they way top step did the trailing draw down much better

[wind rock]

Leeloo is exactly same as Apex. Currently I have 25k PA with Apex. Just signed up for 25k Leeloo

[lunar vale]

oh nice! glad to hear im gonna go for it with you!

[night flicker]

gm everyone

[night flicker]

yeah it is annoying, because lets say you in a trade and made 800$ but left the trade running and took tp at 400$, the trailing will go up by 800$

[minor garnet]

Gm everyone, lets get this bread! First day of my apex eval.

[night flicker]

nice! gl brother

[night flicker]

damnnn the manufacturing index is SHIT

[nimble vale]

Gm Gm! Let’s get it today!

[somber rain]

Hello

[night flicker]

gm Quant how are you?

[nimble vale]

Doing well @night flicker hope the same for you man! Let’s make some money!

[rocky flicker]

Hope to arrive to 12293

[night flicker]

agree, already 1 win and 1 loss lol

[hearty rivet]

@nimble vale was in a short from a higher tf

i checked momentum and stoch

they were strong

i held the trade longer lets go

[night flicker]

can you screenshot the trade?

[tired helm]

GM .. Let’s get it today be smart take profit and run

[hearty rivet]

sure

[tired helm]

What up Mish

[nimble vale]

Hell yeah! @hearty rivet love to see it

[night flicker]

great! still testing my footprint theory.. going ok-ish atm

[tired helm]

Kool

[ivory crater]

SPX gap fill?

[hearty rivet]

i couldnt draw a line vertical to show the entry well but it was like this.

trendline got retested 3x, on 4th retest, i entered, adx was spiking through the threshold. stoch was diving down. I had already took a short from rejection from the 3h supply above (not shown) but i wanted to enter again another scalp which i normally dont but with this tactic i was able to

[night flicker]

look at this beautiful trade.. 2 minutes for 60 ticks on NQ

looks like NQ is doing better for me than ES lmao

even though the indicator is mostly used on ES

[tired helm]

@nimble vale GM ? For you I use ninja trader also any expertise of setting stop loss with ninja I get stopped out a lot using 30 ticks or points but it seems you need at least 40 to avoid the pullback what’s ur thoughts

[hearty rivet]

nice

[hearty rivet]

reduce your position size

that way instead of 100$ 30 tick stop loss, you can open a 100$ 60 tick stop loss

[tired helm]

@hearty rivet okay then skate up from there once i’m in the trade

Skale

[hearty rivet]

i always enter 50% of my position. If we break a key level i add 50 more. Likewise if im in a position, i sell 50% at a key level and let rest continue

yeah like that

[tired helm]

Thank you good advice

[hearty rivet]

most people recommend sl above or below swing high or low

although i dont recommend it because its the go-to place for liquidity hunts, its a good placeto start

but sometimes your stop loss will be too huge to put it at swing h/l

[tired helm]

Makes perfect sense @hearty rivet

[hearty rivet]

so you can reduce your position size, and that way you can put it at the swings

[nimble vale]

I like that a lot @hearty rivet

I normally am placing my stop above / below the recent swing that’s above or below the 50

[hearty rivet]

yw bro

[nimble vale]

Nothing is perfect so drawdown happens we just have to control the parts we can

[hearty rivet]

excellent idea but it would be better to place it abit higher or lower, in a random place

if you open bookmap, all liqudity sits on the swings. There is two scenarios. We grab liquidy and dump or grab it and pump . Either way, its bad for us cuz we our stop loss is there

[tired helm]

I have to adjust to the market used to it crashing from last year

[nimble vale]

That’s also why I love “ momentum “trading. In most cases the momentum carries you to your tp before a pullback takes place

[hearty rivet]

yeah! i was about to place my sl above the 50 but it was too big and far so i saw a lovely bearish trendline that price rejected 4x without breaking and put it above that. if you get stl'ed you can always reenter at the 50 or a supply nearby

[hearty rivet]

yeah i love it

[tired helm]

@nimble vale yes love momentum trading i have a few big ATM set ups for it to make 20 to 30 K

I love this chat its good to have ppl to talk to sometimes by ur self trading you lose track of the important stuff

[nimble vale]

I agree completely! @tired helm went from nothing to a 7 figure account back to almost nothing before on my own that’s a hard thing to handle alone. Now we’re comfortable again and a lot was learned along the way haha

[tired helm]

@nimble vale Lol true indeed

You gotta be mentally tough to bounce back

And hungry as hell lol

[nimble vale]

Boom locked that one in

[minor garnet]

Entered at 3,905.75 long 😉

[nimble vale]

🔥

[minor garnet]

Only 1 MES just bought on the fact that sellers were losing pressure on the lower candles

Might swap to short at 3,925 level

[nimble vale]

Wow look at that run! Great set up! Dont forget to secure the bag!

Only takes one or two of those a day to make a good living

[hearty rivet]

very nice!

[night flicker]

you can take last swing as sl (usually purple) and then take 1:1 RR

[nimble vale]

Yep!

[night flicker]

another 60 ticks on NQ in 10 seconds

HOLYYYY footprint is CRAZY!

that's after this lmao

currently I am still building the strat but god damn it looks good

[nimble vale]

I’ve always been interested in footprints tried them out a bit with bitcoin but nothing stuck for me

[night flicker]

i don't like it on BTC, it is easier on futures

for my strat it works mostly on NQ.. ES seems weird for me

[tired helm]

Woooow good trade Mish

[night flicker]

ohh Im dumb lmao I think I fixed my problem with ES

[night flicker]

Thanks!

if it keeps on going like this, just gonna automate it in NinjaTrader and look at it run lol

[deep quest]

All 3 indices day highs -- IWM as well highs

[night flicker]

did anyone take this trade?

[cinder pulsar]

Hi MIsh, what is the indicator re: footprint above?

[night flicker]

https://delivery.shopifyapps.com/-/660625657f6843cb/db02fd9c42be7a13

[nimble vale]

i took it as the adx started to rise again! @night flicker

[night flicker]

you can use a 7 day trial, but it costs 100$ a month

[night flicker]

https://www.youtube.com/@FuturesAnalytica

it is his indicator

[cinder pulsar]

Thanks Mish

[night flicker]

ohh yeah that is smart!

didn't think of it lol

[tired helm]

This was a break out from a range i love these trades

[nimble vale]

yep nice consolidation into/on tpp of the 50 then momentum takes it higher!

[tired helm]

Here comes the pullback

[nimble vale]

lets go!

[minor garnet]

Short at 3,952 2 MES contracts

Huge FVGS, under premium zone… thats the reasoning behind my short

Added a contract👀

[tired helm]

Dam she on fire today

[solemn lichen]

@tired helm has earned the Lux Level 2 role!

<@!634119391101059082> just levelled up

Welcome to the Lux Level 2 role! Thank you for being an active member of the Lux Algo community <3

[minor garnet]

on god

Buyers still seem to be in control

[jolly widget]

and we also swept Asian session buyside liquidity, we should retrace back into daily range

[minor garnet]

Buyers look like there loosing pressure atm

i retract my statement

CVD is showing otherwise lol

Order block at 3968 might protect me

[jolly widget]

PDH hit

has to come back down now 😅

what a crazy run

-0.2 DRlens retracement grid by 13:10 🙏