📈futures-stocks-chat

[nocturne sigil]

[hearty rivet]

Micky speaks with his eyes

Hes eyes always looking at the bottom left corner, makes you wonder

Hah Ha! Found it, so thats whats he been looking for @nocturne sigil

[nocturne sigil]

hahahahaha

https://tenor.com/view/yikes-monkey-look-and-leave-yikes-monkey-look-and-leave-gif-14895670

[nocturne sigil]

Everyone here backtesting the sweeps?

[hearty rivet]

[hearty rivet]

Just your eyes my guy

[solemn tide]

why doesn't anyone do live charting in the CHAT channel?

share screen etc?

[hearty rivet]

i do

mostly every day

except last week lol been busy abit

[solemn tide]

geez

i seem to miss it then

i feel like i could learn faster by watching the thought process

[hearty rivet]

will do one monday if god allows

[solemn tide]

i'll keep an eye out

[hearty rivet]

bet my g

[hearty rivet]

gm bois

Wake up bois we got work to do

get your cup of fresh coffee and shisha ready

New indicator

every candle shows a session, no more candles, just session candles

[nocturne sigil]

🤷🏻‍♂️

https://tenor.com/view/what-why-huh-steve-harvey-confused-gif-3998567347368525851

[hearty rivet]

[solemn plume]

https://tenor.com/view/tell-me-more-cat-kitty-file-nail-gif-5369373

[copper tiger]

Just waiting for your great style of using it😬😬😬

[hearty rivet]

Ahaha it was a joke my friend

But it’s quiete interesting. 99% of all Asian sessions end up green

[mortal nova]

Green or doji

[copper tiger]

Quite funny though

😬😬😬

[hearty rivet]

Hehehe

[gloomy helm]

What are we expecting this week y'all

[tough dock]

Looks like futures gapped up on the open

[solemn plume]

With the indices sitting at some serious support I would guess bullish this week. But so many macro events right now so who knows.

[gloomy helm]

Yeah I'm inclined to agree

If we ignore macro, general trend should be a bullish reversal with where we are support wise.

[exotic copper]

@gloomy helm has earned the Lux Level 2 role!

dividebyhero just levelled up! 🤗📈

At this point you’re considered family here at LuxAlgo. We are so glad to have you engaging with other members 🤗❤️ Keep it up & you might just earn something special ;)

[lime inlet]

ES gapped up ... but has already established a huge 10 point range ... so crazy now days!

[gloomy helm]

Yeah. Looks like more volatility on Monday. Maybe some more crazy swings for scalpers.

[lime inlet]

I luv it when the market moves super fast ... makes it so much easier to make trading decisions

[clear cedar]

wow a great EU session took out monthly lows

[agile jasper]

NQ's drop is scary

[clear cedar]

Scary 👻 💰 🎃

[twin vault]

Good morning

[hearty rivet]

Gmmmmmm

We are going for those equal lows on daily that were fiscussses many times on live

Holy shit first equal lows reached already

[gloomy helm]

Futes going bonkers.

[hearty rivet]

Fiverr is such a scam

i sold somethig for $60. It makes people buy it for 60 euros not dollars and i recieve $48

[harsh holly]

hey morning

what is the spx plan? 😄

[hearty rivet]

market generating swing highs to later break for bullish movement up

this is a good sign

Here we go

[severe solar]

GMGMGMGMGMGMGM

[agile jasper]

earnings season has started 🎉

[severe solar]

Yes earnings are back! Also this week a few important things to note here in the news

Earnings this week! @here

[night flicker]

lfg

that means better volatility on the open

[nocturne sigil]

Here's a good earning filter TV site
https://www.tradingview.com/markets/stocks-usa/earnings/

[nocturne sigil]

Where are you located at?

😹

[hearty rivet]

market going for lows

[twin vault]

london lows out

10am SB soon

[clear cedar]

Up down just need my nq 100 ticks

[twin vault]

Take some profit here if you took long off london lows and see how it develops.

[hearty rivet]

just closed my 3 micros

on ES

full position limit orders didnt get triggered because no retracement

but the micros risky entries hit 3rd tp

[hearty rivet]

4249 is a potential rejection for a little bit

i can ping you guys when we get an exact setup

just though of this lol

short term equal highs have been taken

price will dip now down to some fvgs and go back up

at this point is where you place your stop loss at BE if youre holding

4249

[twin vault]

hit NWOG

[hearty rivet]

yes just saw

that was a bueatiful target

it should reverse any minute now

but it doesnt look like it want to

[severe solar]

Absolute monster after that moring sweep

[hearty rivet]

NQ is around 300 tick profit from entry

valid entry

the RR was way below 2 so i took ES instead and was good choice

[agile jasper]

ran away with 70 ticks ty

[solemn plume]

NQ 4hr breaker block acting like resistance

[hearty rivet]

my exact entry on ES

i have 2-3 lessons then we can go live. By the time im done it should be power hower

[severe solar]

NQ breakout baby

[hearty rivet]

SMT between NQ and ES

Nq took the high, ES didnt.

Could signal weakness of ES and good signal for early reversal

[severe solar]

NG and YM today bb

NEO my baby

[nocturne sigil]

you say something 👀

[severe solar]

hahah look at him

[nocturne sigil]

tried to find a neo gif, doesnt exist, LOL

[severe solar]

We shall make one

We going live between 12:30est -1Est who joinning us!

[twin vault]

Nice

NQ stronger so far

[severe solar]

@nocturne sigil You just have to use the NEO gifs from the Matrix

https://tenor.com/view/the-matrix-reloaded-matrix-reloaded-neo-keanu-reeves-gif-4011236

[solemn plume]

https://tenor.com/view/keanu-reeves-whoa-matrix-bro-neo-gif-12028915

[severe solar]

When @nocturne sigil Sees me trading with the neo cloud

https://tenor.com/view/the-one-he-is-the-one-gif-14744864

[hearty rivet]

max tp hit

session high

[nocturne sigil]

https://tenor.com/view/fight-me-come-on-the-matrix-keanu-reeves-neo-gif-17795234

[severe solar]

Neo Strat officially 50% of the way there

[nocturne sigil]

https://tenor.com/view/owen-wilson-vince-vaughn-eat-eating-munch-gif-5245183

[barren lintel]

Care to explain what it is?

[nocturne sigil]

🫵🏽

[twin vault]

ES nice push took overnight session...lets see if they got gas in tank or stall here

[severe solar]

We will be going over it again on stream

[stray stirrup]

Looks like it is rejecting that that 4hr OB

[unreal vault]

anyone had ninja lagging issue?

[twin vault]

4266/75 hard till they clear it and hold

[solemn plume]

I thought NQ would have rejected by now

[twin vault]

NVDA up 12 points, GOOGL, AMZN & TSLA green so far

ES back testing 200DMA

NQ at 50% off Friday

[barren lintel]

ahh rip, sounds like we need a video on it pushed to Shorts or a write up in the strategies section. For those of us that cant attend due to work.

if possible of course

[severe solar]

You can watch the stream replay! We’ve gone over it a few times already but def will have it written up once it’s viable so far good 🙂

[twin vault]

4266 traded

[agile jasper]

wanna be my 1-1 mentor? ❤️ ❤️

[severe solar]

Im happy to help ya out buddy

[agile jasper]

someone I can rely on. see @nocturne sigil???????????????

[severe solar]

Yeah @nocturne sigil

[nocturne sigil]

https://tenor.com/view/fuck-you-no-angry-screw-gif-4138107

[shy ember]

Where can I see the live session?

[dull yoke]

Nice 23 pointer. 20 micro contracts.

[severe solar]

We will post the link in here and in the #🔊announcements

[stray stirrup]

I guess we are still waiting for the stream to start?

nvm lol

[severe solar]

Yes setting it up now

[twin vault]

she finally broke 4266 and 4275 traded

[solemn plume]

14800 taken as well

[twin vault]

nice trade

[solemn plume]

https://tenor.com/view/angry-throw-getout-mad-upset-gif-4961525

[twin vault]

nice one

[severe solar]

https://youtube.com/live/KxFaOSIuA9Q?feature=share

[severe solar]

https://youtube.com/live/KxFaOSIuA9Q?feature=share

[dull yoke]

Not yet I don’t think.

[dull yoke]

Another 17.25 points. 40 points total today!

20 micros each trade. lol

Boom!!!!!

https://tenor.com/view/eh-meh-jim-jim-halpert-the-office-gif-25317293

Quite in here …

[twin vault]

Have a great evening everyone.

[dull yoke]

You too.

[hearty rivet]

.

[nocturne sigil]

.

[nocturne sigil]

Someone got rekt’d?

🤷🏻‍♂️

[dull yoke]

🤷🏻‍♂️

[dull yoke]

No clue.

[severe solar]

We were on stream boisss thats why it dead baby

[dull yoke]

Oh. lol

[agile jasper]

you know it

[hearty rivet]

Was lit

[severe solar]

where you streaming too? lol

[hearty rivet]

nah i was in your stream it was lit

i actually took a position on CL

[severe solar]

Why you no comment or did I miss it lol

[hearty rivet]

cuz of you

im always there just listening in background

cuz of you i have gold and CL added to my alerts

[nocturne sigil]

You guys need a bro hug or something?

[hearty rivet]

we want a micky hug

[nocturne sigil]

keep waiting

https://tenor.com/view/virtual-hugs-virtual-hug-gif-27180713

[hearty rivet]

[violet hearth]

This hug was amazing!

[hearty rivet]

Mickys hugs are always amazing

I say from experience

[agile jasper]

I can confirm

[twin vault]

Good morning everyone

[hearty rivet]

Gm bb

[stray stirrup]

There is a lot of love in this room. At least I hope it's love an not some weird kink. It IS 2023.

And good morning

[hearty rivet]

[digital shell]

Love it! 😀

[hearty rivet]

Trading is no fun without a lil love

[dull yoke]

Wow! BTC has exploded!!’ I switched to a long swing on Sunday night but with only 1 micro. Now it’s over $500 in green with only 1 tiny micro. I should’ve done full contracts! lol

[dull yoke]

Keep your chin up bro! Everyone makes a bad trade at least once in there trading journey. It’s in the past now. On to next trade.

[dense sundial]

GM all

[twin vault]

Chop fest so far

[severe solar]

nice report this morning

[hardy sky]

Well... i just reached my daily loss limit 😖 . I knew that I should not have traded today. Premarket volume was oddly low.

[severe solar]

😭

[hybrid kettle]

Either you were overleveraging it or trading against the trend

always enter near you SL if you think the trade is heading where you predicted

[severe solar]

Yes if you plan on reversal trading always enter at a extreme R/R lvl

strong resistance/support

[dense sundial]

I really would like to see a reversal at this point into the 4284 area on the ES

[severe solar]

CL NEO SETUP BEAUTY

[twin vault]

watch this area here for possible reversal

[severe solar]

CL?

just hit this beauty

well 25 ticks

[twin vault]

Nice

[severe solar]

CL filling an massive imblance rn

[twin vault]

can you show a pic?

[severe solar]

4hr

grade A bear flag and FVG reject on CL 5min

[hardy sky]

Can't win every day.. looking back at it, it was a terrible entry. I was not patient enough.

[severe solar]

im telling you @hardy sky the Osciallator tells you everything

for identifying chop

notice in gold big swing points

and in red a ton of turning points

[hybrid kettle]

Trade like a casino .. 1st two trade write down on a piece of paper the entry / Sl / TP if it works then trade on your live account the 3 trade .. that way you would overcome to know what went wrong if you loss the trade

[hardy iris]

Also if it's a challenge or funded acc, use 0.5% risk on equity per trade and be patient with passing. Keep in mind max loss is 10% DD. So if you have a 100k account, trade as if it's a 10k acc. A few consecutive losses will blow your account and it's normal for even the most experienced traders to have 5 or more losses in a row. Unless you don't mind wasting money buying more challenges lol

I assume your max daily loss is 5%, imagine you have a whole week of losing trades. Can't say it won't happen. Losing 5% on a funded acc in a day is a lot. On a personal trading acc should be fine as you don't have to worry about max drawdown (not that you should be okay with allowing your personal account to have 50% or more DD).

anyways just my opinon, be extra safu

[hardy sky]

Bro.. I do not know why I have not been focusing on it. I just closed out a 1,500 trade in my TopStep practice account. Crazy good for scalping.

[severe solar]

only issue with this strat sometimes lol

took $250

but hit 1400 lol

regardless consistency so far

[twin vault]

Nice trade

lets go long CL here

[severe solar]

yeah fully filled that imbalance now

[twin vault]

nice if you shorted 4284

[dull yoke]

https://tenor.com/view/nervous-lmao-scared-gif-27096284

[dense sundial]

I wanted to get that high taken out first so I am not in

[twin vault]

ok

[severe solar]

Down she goes

[royal flower]

in 4hr OB

[ornate raven]

LFG

took long enough after that bs run

[austere burrow]

Alot of markets have done that today!

[exotic copper]

@austere burrow has earned the Lux Level 1 role!

raisinglevels9024 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[severe solar]

Back again gents lets get it

https://youtube.com/live/_Q2a-4o8xDk?feature=share

@hearty rivet You bettter comment this time

[hearty rivet]

Bett

[dull yoke]

15 pointer. Redeemed my stupidity from letting a trade tap me in past 11. 😂

[hearty rivet]

can we keep positions open during market close/overnight? on topstep?

[hybrid kettle]

Future account no idea but forex account they have two account as such called regular and swing account

for regular accounts you are not allowed too and it closes the trade automatically whether floating or in profits

Swing account are better but what is your account leverage .. that way we would understand where it is swing or regular accounts

[hardy sky]

Most prop firms close trading for 1 hour when the CME closes.

[hearty rivet]

ok

[hardy sky]

They say you must close your trades before the market closes. Some prop firms will automatically liquidate you if you break the rule. Top step will close it for you.

[severe solar]

MSFT BABY!!!

5%

[hardy sky]

I had the liquidity drawn out right where it hit. I just got caught in the chop before the trend established. It’s all good though. I should have stopped after 2 losses. I went against my risk strategy. I usually avoid the first 20 mins for this reason.

[hybrid kettle]

Sorry but I find your chart on phone being a bit confusing while I try to look at my chart with the same TF and it gives me clear indicator where are the liquidity Gaps and where to take entry are

@hardy sky Stick your discipline Strategy and Risk management thingy

[hardy sky]

Mine is zoomed out. I got stopped out within the 15m opening range.

[hybrid kettle]

Ooh okay let me look at the 15m TF

I can see that now

[hardy sky]

Thanks for looking. I see where I messed up at. I went back on bar replay and started looking more at the oscillator matrix. It would have kept me from entering the position when I did

[hybrid kettle]

Sorry to hear thou but at what level of trade where you at ?

[hardy sky]

I was trading 2 contracts in the NQ1

[hybrid kettle]

Did you loose the account or are you waiting for a reset on DD ?

[hardy sky]

It’s the daily loss. Im still positive on the account

[hybrid kettle]

Did you breach the account .. if not you will do better by this week 🙂

[hardy sky]

No.. Im good overall. I was positive 4k prior to today. I just have to adjust my strategy and make sure that I don’t repeat today.

[hybrid kettle]

Take your time to trade and trade upon confirmation or fold your hands and sit .. Still in peace thou 🙂

[hardy sky]

I spent about two hours running different scenarios and learning more about the oscillator matrix. I think I will be prepared tomorrow. I will post my results tomorrow.

[hybrid kettle]

Surely

You will make it there 🤞

[minor flume]

hey guys new to luxalgo. I was curious to learn which lux indicators do you guys prefer the most?

[nocturne sigil]

Hey there
WELCOME
Have a look here to get started
#🧠core-lessons
#📈must-watch

These may guide you to the answer...

[hearty rivet]

Welcome bro

[dense sundial]

Welcome to the madness

[nocturne sigil]

OK, resetting for next round....

[vapid abyss]

What’s your thought on this? Think it will continue up off the daily OB?

[nocturne sigil]

I would be still looking for longs.
For me, price needs to break down and out of this Daily OB (green)

[nocturne sigil]

This is the break down and out of this Daily OB, for me to consider a short play

Is there enough space, TP level, for me to take a short?
Is the reward worth the risk for a short?
This is what each of use needs to decided on our own.
I went over this thought process in todays live stream......is the next OB far enough for a decent TP, for me to take the risk?

[vapid abyss]

Just finished watching today's stream. I'm usually at work when you guys stream.Thanks for the analysis though

[nocturne sigil]

Good to hear this.
Hopefully there's some good tips in there for you

[proven lodge]

GM guyzz

Apex 90% off funded accounts

[vivid cedar]

Hello, I focused on scalping at the 5 minute timeframe of stocks (TSLA, NVDA, AMZN, PYPL, ...). Who has had experience with LuxAlgo Premium here? Which setup / strategy would you recommend?

[hybrid kettle]

Hey There .. everyone in here has experience to LUX premium but all it depends on what sort of Strategy you have

and again in here there are 4 type of Traders i.e - Scalper / Day Trade / Intraday & Swing Trade

What sort of Trader are you ? @vivid cedar

and if you recommend to strategy .. would advice to look in here #1128499789437354106

[hearty rivet]

Lovely 4 RR trade overnight

I was supposed to be in earlier but market closed so I had to close and reopen an hour after it opens and left it over night

[agile jasper]

nice paper trade

[sturdy wharf]

I dont say good morning to this chat as well so good morning

[hearty rivet]

gm

[hearty rivet]

Thanks babes appreciate you.

[vivid cedar]

Hi, thx - i prefer scalping - even with stocks on 5 TF

[hearty rivet]

Apex has 90% off btw

90% discount code: TYCOPEJZ

[sturdy wharf]

I was going to use the code they gave but just 4 u

❤️

[hearty rivet]

That is the code they gave

[hearty rivet]

❤️❤️❤️

[sturdy wharf]

Mine was SAVENOW lol

[hearty rivet]

lmaoo

Much love

[dull yoke]

Well done!!!!👍

[hearty rivet]

ty bb

[twin vault]

Good morning

[twin vault]

https://www.forexfactory.com/calendar

Papa Powell after close

[severe solar]

BP hit on the nose not much of a change so far remember we have a report at 10am as well so be careful 30mins after open.

If you trade crude oil prepare for a big move in either direction at 10:30 GM all!

Might see some volitlity here in about 3 mins

[nocturne sigil]

🫡

Morning

[sturdy wharf]

Sweating bullets thinking about the CL data

[severe solar]

haha you swinging?

are you short or long?

[sturdy wharf]

On a practice account yes lmao

Long

[severe solar]

damn

they projected positive

hopefully negative

[sturdy wharf]

It'll be fine

[severe solar]

They are projected right on the edge of positive so could easily be lower supply

[sturdy wharf]

[woven night]

@toxic widget so if i understoood they are making the market drop for now

[sturdy wharf]

My smooth brain is like war mean oil go up

[severe solar]

If you want a good play this morning really likeing Gold long

it really wants to make a nice breakout

and isnt effected by the same news coming out today

we will see if it breaks or not

[dense sundial]

Morning all

[severe solar]

Gold withe the beauty of a neo setup babY!

those are stream yesterday this is the best setup you can get when i was talking ideal setup

FILED BB BREAKOUT LETS GOO

[nocturne sigil]

Someone say Neo step?

👂🏽

[hearty rivet]

LETS GOOOO

[severe solar]

say bye bye

[severe solar]

GOLD cranking ES DUMPIN what a lovely day baby

[severe solar]

How far we from funded now!

[agile jasper]

huge 65$ opening range on NQ

[hearty rivet]

Still pretty far, this was my second trade this week

[agile jasper]

go 5 cons and you get funded in 2 days

[hearty rivet]

god damn

[severe solar]

lovely dumpy

[twin vault]

Nice bro

[severe solar]

remember 10am next news release

and 10:30 crude oil

all EST time

[hearty rivet]

oh damn didnt check news today

[hearty rivet]

thanks bro

[agile jasper]

sneaky powell speech 35 mins after market close

[hearty rivet]

topstep is so weird tho

[agile jasper]

ES sits on weekly kickoff low

[hearty rivet]

based on my risk calculator i was allowd 9 micros in the trade

[twin vault]

yep

[hearty rivet]

so i tried to enter 9 micros on MES it said order rejected cuz max is 5 cons

so i had to enter 1 full mini on ES instead. You cant take partials with 1 mini..

thats why im finding it hard to trade on Topstep more than apex

[twin vault]

4235/30 can trade if they slide here

[agile jasper]

topstep it's 5 cons max on 50k regardless mini or micros

[hearty rivet]

yeah thats dumb

[twin vault]

Really

[agile jasper]

they said they're fixing it but having 1 to 10 breaks their reporting or something

so it's tech related issue but theyr'e working on a fix

[twin vault]

how is that same leverage on mini or micro

[hearty rivet]

they will make it more than 5 micros?

5 minis are 50 micros

[severe solar]

Yeah it used to be more

[hearty rivet]

oh okay sweet

[severe solar]

I think it used to be 15

[agile jasper]

in the future yeah but no ETA from what i heard

[severe solar]

micros

It used to be that way so they will brin git back

[agile jasper]

it's annoying i can confirm

[hearty rivet]

i couldve took partials with some micros and let the rest run because this move was anticipated thats why i held it even before market open and through market open

[severe solar]

I mean if you are going to trade more than 5 micros you might as well trade minis

not too crazy of a difference

[hearty rivet]

there is 5 micros difference

and based on my risk calculation thats the amount of cons i get in

[dull yoke]

Boom!!!! 70 points NQ with 10 micros. 15 points in ES with 20 micros. Good start to the day!!!!!

[hearty rivet]

my risk is $300 per trade. My stop loss was 25 ticks, this allows my 9 micros for this trade

[severe solar]

Lets go @dull yoke

[dull yoke]

Yes sir!!!

[twin vault]

and she traded

if they accelerate down then 4218/4210 area could trade

[severe solar]

LETS GOOO GOLD!! BABY BREAKOUTTT

[severe solar]

I TRIED TO WARN YA

[dull yoke]

Whoa!!!🤤🤤

[twin vault]

Awesome

10am soon

[sturdy wharf]

T-minus 30 minutes until liquidation

For now we cook

Its dead

[twin vault]

TSLA green with this red market...interesting

[sturdy wharf]

Sometimes it's okay to be afraid

[severe solar]

inventories coming out now for crude

[twin vault]

Hearing options quotes not working across multiple brokers....anyone has any issue

[thin knoll]

Yep, my quotes are frozen on IBKR

[dull yoke]

Spreads disabled on TOS.

[sturdy wharf]

👀

[dull yoke]

🤷🏻‍♂️

[twin vault]

You wonder why they do it.

[dull yoke]

Do what?

[twin vault]

quotes not working

[dull yoke]

Good question

[twin vault]

it seems quotes working again with this pop

[severe solar]

Short setup on CL

[severe solar]

For those that didnt read to the oil report

we were positive this week = price go down

.50 cent drop just bec it wasnt much of a difference in price value from last week

just bc we fell 2$ this week

Missed the NQ setup

BAM BABY LETS GO

CL EZPZ NEO SQUEEEZY

Gold just TANKED

[twin vault]

huge order at 4245

[stray stirrup]

And now a reversal

[severe solar]

Yes pls ripppp it back

[twin vault]

Crude

[hearty rivet]

Neo is looking fire

however the stop loss is always too big to sustain a consistency

[solemn plume]

NQ 4hr ob turning into a breaker block again

[severe solar]

well stop doesnt sit there long

just didnt move it

[hearty rivet]

you adjust it down?

[severe solar]

yes

[hearty rivet]

litt

[severe solar]

usually would be at that lower high

[hearty rivet]

i wanna try

[severe solar]

it just starts there right away

debating on making all entries on retest of neo after candle close

so more like this

[hearty rivet]

noice

how do we setup this

[severe solar]

this will be the next test

[hearty rivet]

i wanna test a few things

[severe solar]

might be doing this from now on

once candle closes below neo after breaking then set entry at neo retest

and target low

[hearty rivet]

this wouldnt be a wise top loss area because its exactly where that bullish fvg is so even a tiny pump retracement here can take you out

noice

[severe solar]

stop is above FVG candle on this one

or which are you refering to

[stray stirrup]

What are you guys even talking about 😛

[hearty rivet]

yeah slightly above

[stray stirrup]

Oh still Cl I guess

[hearty rivet]

whats the settings and conditions you use jacob

on the pro strat it uses 15m and 1h neo but saw you check 3m on live yesterday

[severe solar]

just the normal neo cloud ont the 3 min

ive noticed better trades in more trending markets

so better setups have occured on CL and GC

and ideally you want no stair step in the opposite direction

[solemn plume]

3min trend catcher ftw

[hearty rivet]

is this valid entry for short

[severe solar]

is that 3 min

[hearty rivet]

5m

We are already very distended to the downside

3min

[severe solar]

I havent tried on 5min but that is not the ideal setup but is a close setup

ideal setup is this

[hearty rivet]

okay so on 3m we got blue neo

we just tested its low point now if it closed above it we should long, it makes sense with the current market structure of longs

[twin vault]

keep an eye on 4245

[hearty rivet]

im in on 3

3m

[severe solar]

the is ideal

[severe solar]

first retest after change

[severe solar]

has to be a confirmed close

[hearty rivet]

i seee

40 sec left

confirmed

added another con

[severe solar]

I havent had a trade setup on ES in a while

[hexed jasper]

How long of a delay does the premium signals indicator have? I am working a strategy that is using the trend catcher on the 1 hr and it did not shift direction of the market for 2 hours.

[twin vault]

YM full reversal

[hearty rivet]

it makes sense because we got a bullish MSS with a sweep, unconfirmed but early setup

[severe solar]

So far been most successful with CL and GC I do like to compare what ES NQ and YM are doing together to see if they show similar price action before taking entry and also like to check the osciallator

[hearty rivet]

[stray stirrup]

I don't actually trade. I am just here for moral support

[twin vault]

so they are only interested in YM today?

[severe solar]

https://tenor.com/view/sweats-gif-25346666

luke rn

HAHA

[hearty rivet]

im in shitt

[severe solar]

the one time luke does it

[stray stirrup]

MES?

[severe solar]

this is why i dont like it

NQ not matching

[hearty rivet]

yea

[stray stirrup]

I have had mixed success on nq

And ES

[severe solar]

other thing is it already broke down through the neo

before it did a second time

big reason why i havent posted the strategy yet so I can figure out how everything needs to line up. Its been incredible on GC and CL might only be worth trading those still testing to see

[solemn plume]

NQ used the bottom of the ob as resistance

[dull yoke]

Another 12 pointer on ES. 20 micros. 🔥🔥🔥🔥🔥

[solemn plume]

You’re killing it with those 20 micros

[sturdy wharf]

https://tenor.com/view/oil-rig-dessert-machine-gif-14323312

[dull yoke]

lol. Thank you sir!

[dense sundial]

Amazing

[dull yoke]

👍😂

I’m focused today.

[twin vault]

CL

CL possible resistance here

[dull yoke]

Actually mess up. I wanted 1/.80 RR. But it worked out lol

[twin vault]

Out CL

[twin vault]

Nice trade

[hearty rivet]

love it

[dull yoke]

Thanks.

[dense sundial]

For those of you taking partials, at your first TP what percentage of the entire position you take off?

[twin vault]

they pressed down

[dense sundial]

right into the D OB

[twin vault]

IF and only IF....seasonality to play out. this is the week they start loading up.

[toxic widget]

we crushing the indices today? 🙂

[barren lintel]

Nope. Greed is taking over

[toxic widget]

ouch

[barren lintel]

Yeah I started off good though. Had a nice short after the london high was taken. The a nice long during silver bullet, but got greedy.

[dull yoke]

Only support level left worth a darn is 4199 gents! That beaks, LOOKOUT BELOW!!!!!

[dull yoke]

I ripped them up my man!

[nocturne sigil]

Hows the futures folks here?
Did you folks get it right today?

[severe solar]

Lovely day

[dull yoke]

I don’t think this will go up far. Not until spring. Ranging until then. IMO.

[dull yoke]

You know I did!

[nocturne sigil]

Dinner for you

[dull yoke]

Yes sir. Lasagna with Cod fish on side.

[dense sundial]

Can't complain! 😊

[nocturne sigil]

hmmm, cod fish

[nocturne sigil]

nope

[dull yoke]

Salmon?

[dense sundial]

Where are you located if I can ask?

[severe solar]

@hearty rivet Gold & CL might be the move

[nocturne sigil]

Fish On

[dull yoke]

Tuna?

Bass? Lobster? Shrimp?

Gold fish?!

[dull yoke]

US. You?

Mountains is northern Georgia

[old pumice]

@nocturne sigil , I know you use the 4 hour order blocks. Is the to determine the major trend for the day?

[hearty rivet]

thats sickkkkk but im still bumped. very late entry and huge stop loss

lets find a way to tighten that

[dense sundial]

I see, I am on the West Coast - Seattle area

[nocturne sigil]

The actual OB's dont necessarily tell a trend for me.
They are just areas/levels for me to wait for price to react off of

[severe solar]

i wouldnt consider it a late entry. You are pushing for trend continuation into a retest. Original R/R was .5 due to the winrate. hitting 80-90% is another concept of flipping winners against losers. But for a teachable strategy will have to dial it in for newbies

[nocturne sigil]

U.S. party soon?

I want to move to Vancouver, 2 traffic lights from Seattle

LOL

[dull yoke]

I been there. NICE!!!

[dull yoke]

Nice!!!

[nocturne sigil]

Yeah, very nice, peaceful, fresh air

[dull yoke]

Got that right. Beautiful

[hearty rivet]

Absolutely

I like what I’m seeing

[royal flower]

yes, nice to visit only bro peaceful don't . beautiful for sure

[severe solar]

Ideally just have to make sure the R/R is the same across the board so that a loser on ES can = the same on GC or CL

[royal flower]

peaceful if you want to live in county side not in Vancouver

[dense sundial]

Definitely would be nice to have a meet up at some point in the future. Would love to meet fellow traders

[harsh holly]

Es will die or pump from here?

[nocturne sigil]

Vancouver is country to me, considering I grew up in NYC and now in Vegas

[severe solar]

lock it in

[nocturne sigil]

Oh you fancy now

[royal flower]

@nocturne sigil where ES is going for OB now daily/ weekly/ monthly/ yearly ? lol

[hardy iris]

daily lows if not bounce from this area

[severe solar]

am i cool now dad? @nocturne sigil

[old pumice]

What is your take profit exit strategy, if you don’t mind me asking?

[royal flower]

https://tenor.com/view/bull-riding-bull-pbr-highbrowcat-gif-25077070

[nocturne sigil]

very much

[nocturne sigil]

Ultimate goal is the next nearest OB, if its too close, then that might mot be worth the risk for the reward to consider

[severe solar]

Everytime ES looks like its reversing. DO NOT THINK LONG

this is a long time overdue on this sell off

We have taken lows on the daily

there is plenty of room

4200-4170 would be a nice target

[old pumice]

On which time period OB?

[severe solar]

Maybe we try 5min on ES lol

32 points

[nocturne sigil]

I like 4H and 15m charts

I go over this in most of the livestreams

[nocturne sigil]

https://tenor.com/view/shake-head-no-nope-smh-sylvester-stallone-gif-17680628

[shell prairie]

In which live stream did you explain your Strat? Tried to look up past 2 days live stream but couldn’t find where you explained your Strat all the stream was analysis in higher TF. I was wondering if you could remember the last stream u explained ur 1M Strat thanks

[severe solar]

I can send the part from yesterdays stream. We will go over it tm as well

[shell prairie]

Can you send me the part from yesterday stream? I’m free today so I can spent my time studying it

[severe solar]

Yes i will rn

[old pumice]

Thanks Mickey. Since I joined LuxAlgo, I’ve managed to pass 3 Apex accounts and working on my fourth. It hasn’t been easy. Still learning.

[shell prairie]

Thanks 🙏

[nocturne sigil]

AMAZZZZZING

🤝

[severe solar]

https://www.youtube.com/live/_Q2a-4o8xDk?si=cAk6lj5tEsTz6T-3&t=1709

So recently been using it alot on Crude oil and GC (gold) been working very well. ES had a setup today that wasnt exactly ideal but worth trying and failed. Biggest thing is waiting for that candle to close above or below neo for entry

[hearty rivet]

go away i entered on that you said not 5m go on 3m so i closed 😦

[hearty rivet]

here

[severe solar]

😂

[hearty rivet]

[shell prairie]

thanks iwill check it out , and what session have you been using it on GC? NY or London?

[severe solar]

NY session

[shell prairie]

thanks a lot!!

[severe solar]

Honestly gold that its hit for me like 10 times in a row and first time @hearty rivet does it it fails lmao

[hearty rivet]

lmaooo

[severe solar]

5min good thing to note on ES doe

ES and NQ do move with a lot stronger volume

could be worth the extra 2 mins for confirmation

[hearty rivet]

yea lmao

[severe solar]

thats the other thing this is still new btw so we are 4 days green in a row on a real challenge account so still tweaking things to make it perfect

[hearty rivet]

yessir

[severe solar]

Maybe ill give you insight on this strategy we have been developing for 6+ months to make up for it 😉

[hearty rivet]

oh my gosh

i want i want i want

[severe solar]

Still working on it but has been very promising

[atomic notch]

could someone please send me the latest video of how to use the signal and overlays indicator?

[severe solar]

what questions do you have

[nocturne sigil]

You just had to give them a sneak peak?

[hearty rivet]

Let me help test that bad boy

[severe solar]

https://docs.luxalgo.com/luxalgo-premium-indicators/signals-overlays/

[atomic notch]

im daytrading spy on the 1m...trying to figure out the best sensitivty to use

[severe solar]

so the dashboard in the bottom right should tell you the optimzied sensitivity for that moment in time

otherwise people like doing autopilot depending on the type of trader they are @atomic notch

[atomic notch]

ahhh so optimized sensitivity is dependant on the PA at the given time. Got it ty ty

is autopilot basically the setting that does that for you automatically?

[severe solar]

so it doesnt optimize based on that dashboard sensitivity, but it does adapt to market conditions automatically

dashboard is more accurate on the best sense for the time, but if you use autopilot lots of people say after a while you get used to how it adjusts and you can understand it the more you use it.

[foggy gull]

this being released soon?, those stats are crazy

[severe solar]

once its fully backtested more than a year. Only tradingview allows it for a year on lower timeframes for their deepbacktesting. Getting it onto another platform soon to go back at least 10 years

[atomic notch]

understood! thank you brotha! What are the red and blue clouds?

[exotic copper]

@atomic notch has earned the Lux Level 1 role!

ryancinnamon just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[severe solar]

that is the neo cloud. @nocturne sigil and I think its superior to some of the other trend following tools for our type of trading, but it can differ on types of traders

[atomic notch]

been following along with them today and they are sooooo accurate at times that it's scary

lol

even follows better than the EMA's at times

[severe solar]

Yes we love the NEO cloud

oh yeah it can be insane

way better than emas

Gives you a zone rather than a line that can help you wait for price to exit for better confirmation

[nocturne sigil]

Yup. I met Neo when I first got into Lux a few years ago. Never forgotten

[severe solar]

https://tenor.com/view/the-matrix-reloaded-matrix-reloaded-neo-keanu-reeves-gif-4011236

I mean its based on this man

breaking the matrix we call it @nocturne sigil

[atomic notch]

excited to watch them more over the next few weeks. By the way thank you so much for everything you do and helping me out Jacob. Been trading for 3 years now and your server was the very first i ever joined. I hope the family is good and congrats again on becoming a father. #Stockgains4L

[severe solar]

Oh awesome! OG SG man love to hear it haha lets go

[hearty rivet]

I gotta get myself friends with Jacobs son

Maybe he can help me get that strat asap

[twin vault]

everyone waiting for Papa Powell after close...

[twin vault]

let's do a vote....4245 or 4150 after Powell

[severe solar]

Neo Strategy Account Update again! Remember we lost $168 yesteray or whatever, but had a nice bounce back today hitting the $500 a day goal (no more no less while in combine) Going to go for 2 more $600 days to make up for the loss and hopefully be funded by FRIDAY! Leggo @here

nothing like $1870 in 5days I think we can all live off that lmao

[twin vault]

Very nice

[nocturne sigil]

[twin vault]

Have a great evening everyone.

[severe solar]

@nocturne sigil IS yet another day closer to being able to eat some lunch

[dense sundial]

You also and everyone else!

[nocturne sigil]

Have a good one

[nocturne sigil]

Chicken biscuit dinner

[severe solar]

Chicken biscuit breakfast

[nocturne sigil]

And lunch?

[hearty rivet]

How much you up Jacob

im already up on apex 2k and still sliding +400 -400 on topstep

i got too used trading heavy cons, finding it hard on topstep

[dull yoke]

Hope everyone had a great trading day! Rest up and see you all tomorrow! ✌🏻. Good night.

[severe solar]

$1870 boiii

Hoping to get to 3K by Friday 2 $600 days let’s goo

[hearty rivet]

niceee boi

lets enter together on next neo

[severe solar]

I posted it if you scroll up 🙂

[hearty rivet]

damnnn

gonna check it out

thats sickkk

whats your average tp?

on apex my daily tp was around 400$-500$. its hard on topstep. might have to reduce it to 200-300 per day. Not comfortable holding 1 mini on topstep.

this is a setup on ES right?

[severe solar]

Yes exactly

Broke high of NEO and closed below

Yeah I got for about $250 a trade

[hearty rivet]

sounds great

ill take few trades using the neo while a sweep setup happens

[dense sundial]

Sorry to ask but can't you trade also Micro with TopStep?

[hearty rivet]

You can but im not used to it, i trade 1-5 minis

im trying to accomodate myself into micros however there is max of 5 micros.

[dense sundial]

I see - thanks

[hearty rivet]

Also my risk per trade is around 300-400$

on topstep you got a daily loss of $1k, so cant hold trades long

just gotta re-adjust

[dense sundial]

Yeah I am reading those things now.

[hearty rivet]

once passed itll be easy if god allows

they gave out free accs and resets, today is first time i buy an acc

[upper zealot]

@hearty rivet you moves from apex to topstep?

[dense sundial]

Just got an account myself. First try for me - will see how it goes

[hearty rivet]

i use both, but focusing on topstep now

[upper zealot]

Why so ? Payouts more frequently ?

Theres a 90% off on apex why purchase a topstep account

[hearty rivet]

exactly

while waiting for apex, topstep comes in handy

[upper zealot]

I thought you just bought a topstep account today

[hearty rivet]

yea

they gave free accs

nresets

[upper zealot]

Damn they gave today too?

[severe solar]

Trust me you want topstep over apex once you get funded and you also don’t have to worry about live downdraw in the challenge

[upper zealot]

Could you elaborate please?

[hearty rivet]

yeah thats annoying

[severe solar]

I’ll compare them for you shortly. But there is a reason they are 90% off at all times 😂

[upper zealot]

🤨

[severe solar]

A company that offers 90% 24/7 is the first red flag but there are a bunch of things people don’t know about once you get funded with them. I’ll send my comparisons shortly

[upper zealot]

Shoot the facts

[hearty rivet]

damn it

look at the dump

it sucks we have to close deals before market closes

We are exactly 20 points on ES away from final tp of the bearish bias

November gonna be a pumpy pumpy

[upper zealot]

Man I am really not sure anymore about prop firms... I am just thinking of opening a personal account with my own money

Why do they always have deals on their evaluation accounts?

[severe solar]

I’m going to reply in a thread it’s long haha

[severe solar]

It’s bc their fail rate is so high on apex

[upper zealot]

I thought apex rules were easier than topstep

for the eval anyway

no daily dd

[severe solar]

It’s actually worse haha

They have a live draw down. Which is why they say 0 daily draw down

[upper zealot]

You just gotta close when in profit

[severe solar]

Topstep for the 50K limits you to a 1K loss limit for the day but you don’t fail it just forces you to wait till the next day to try again. It’s like a “call it a day” button

[severe solar]

Right but think about when you have a loser how tight that margin gets

Topstep I can make and lose 20K in a day.

[ornate raven]

I think your doing it wrong then

[upper zealot]

oh that is the reason why you prefer it once funded

because of daily calculated drawdown

its not about payouts schedule right ?

[severe solar]

I mean I would never do that haha but I’m saying with Topstep if I make 20K in a day I now have a 20K cushion and I could size up and not worry about a -2500 draw down from that high

[hearty rivet]

how much money is required to trade 1 micro es on live acc Jacob?

i just wanna use live account to be in trade to catch the gap after market closes and opens

[upper zealot]

but once funded the trailing drawdown stops at 50.1k for a 50k account

[severe solar]

Yes same as topstep all accounts drawdowns stop at starting balance

[upper zealot]

Ok so you think its easier passing topstep eval over apex

[severe solar]

Yes it’s easier to pass and once you do pass. All you have to do is have 5 $200 profit day and you can request a payout whenever you want

You don’t have to reach a certain balance to request a payout

[severe solar]

Micros are $100 per lot

On Tradovate

[upper zealot]

yeah I agree with you that the 5 days compared to 10days apex is way more interesting

[severe solar]

Trying to find it in the massive terms of service but they also require yoh reach a certain amount

[frank locust]

naive question...when someone is 'funded,' are these firms actually deploying 50k into their account? or do they just pay out from a pool of capital aggregated from all the fees they are collecting?

[severe solar]

Pool of capital

[upper zealot]

The only downside I see from Topstep is the monthly professional data feed subscription once switching from Express to Live account

[severe solar]

Topstep starts you in what they call a XFA express funded account. And they literally have a person watch your account and see how you do. Once you have generated a consistency in the express funded account and accumulated a balance they will upgrade you to an actual Live account with real money

[severe solar]

It’s the same with Apex you have to pay for the data when in live account

[upper zealot]

oh I did not know that lol

[severe solar]

Yeah that’s common though bc it’s real data

But you also have to pay for your funded account on any of these hope you know that as well

[hearty rivet]

So I can open a futures account with 100$ ?

[upper zealot]

well one time payment right ?

[upper zealot]

I thought this fee was for the data

[severe solar]

Well this is just for the funded account

Once you are in live you also have to pay for the data lol

[upper zealot]

damn 😛

[severe solar]

Yes until you lose your first trade 🤣

[upper zealot]

If you cancel or fail the account the professional data subscription fee stops being charged to you automatically ?

[severe solar]

Yes you can control that yourself

[hearty rivet]

Funded is always better

It costs 50$ a month

For a 50k

You will ever only risk 50$ of your money.

Whereas a bad trade on a live account can make you sell your car

[violet hearth]

What broker do you use?

[hearty rivet]

Margin for 1 mini is around 5k$

Exactly

Risk 50$ you can essentially make those thousands

Blow the account? No problem just tell your gf not to go to Starbucks this week

[severe solar]

Mini margin on Tradovate is $500 lmao but that be gone fast

For ES

[hearty rivet]

My stop loss is 500&

[severe solar]

NQ 1K margin on Tradovate

[hearty rivet]

It’s really dumb for anyone to not utilize funded accounts.

I can buy a 50$ account and use 450$ in the club

[severe solar]

If you aren’t a degen about it 100000%

[hearty rivet]

[severe solar]

You can literally pay out yourself in less than a month

[hearty rivet]

Exactly

[severe solar]

On topstep at least

[hearty rivet]

So let’s not be degens

[hearty rivet]

Knew you’d write that

[barren lintel]

where are you identifying the sl and tp? Recent swing high/low? What about RR?

[severe solar]

Yeah it’s kinda hard to trust a company that is constantly “90% Off” only way they can do that is if it literally is designed for people to fail 😂 and also all their videos are slide shows bc they know it will be boring for any person under 30

[hearty rivet]

I had alot of success with apex

But you got me

I’m a Topstep boi now

[severe solar]

Have you been paid out yet?

[hearty rivet]

[hearty rivet]

Yeah many times, been using them north of a year now

But it’s shit

Once you withdraw you only got like 100$ of room before trail unless u withdraw half of your allowed limit but who does that

So I withdraw and open a new account and get that funded and wait 2 weeks for withdrawal and if u pass the account after mid and end of month then I’ll have to wait again 2 weeks

And during that time you will degen and lose it

[severe solar]

Topstep is designed to prevent you from being a degen lmao

[hearty rivet]

[violet hearth]

I don’t trust those funded accounts at all, i only trust my own money on a broker, then i know for sure i will get it and it really feels like im working for myself😅

[hearty rivet]

That’s what I like about it, it’s closer to reality

Just gonna burn few accounts itill I adjust myself

[severe solar]

They actually care about you doing well you literally get a coach once you are actually funded and they will call you if you are being dumb hahaha

But end goal for any funded account it to eventually work up a balance to then just trade on your own

[hearty rivet]

Exactly my plan

Since apex doesn’t function in turkey

[violet hearth]

Yeha its great to use for people that doesn’t want to invest money or doesn’t have the money to invest but really wants to.

[hearty rivet]

I withdraw mt 1.5k to my sisters account in Germany, there goes some fees

Then German tax takes another 30%

Then she sends me it and another fee

Topstep works in turkey

[violet hearth]

I live in the netherlands and here are the taxes 36%…

[hearty rivet]

Yeah

Exactly

[violet hearth]

I want to live in a tax free country…

[hearty rivet]

Dubai

[violet hearth]

Thinking about emigrating to monaco 🇲🇨

No taxes at all

[violet hearth]

Dubai is bad air quality and very unhealthy

[hearty rivet]

Indeed

[violet hearth]

In the Netherlands you will pay 49% taxes if you earn more than 60k a month with trading😳

Thats what i call a scam

If i make that, i will emigrate to monaco

[dense sundial]

As far as I know you need 143$ for Micro to start trading.

[agile jasper]

what kind of sorcery is this?

[severe solar]

Magic Sorcery

[nocturne sigil]

https://tenor.com/view/magic-sorcery-mickey-mouse-fantasia-gif-3032146184280847846

[sturdy wharf]

Night everyone I hope you guys had a good rest of the day trading. I will be up early for the london session hope to see you guys in chat tomorrow!\

[hearty rivet]

Good morning after evening boys

[agile jasper]

hmmmmmmmm

[twin vault]

Good morning

[dull yoke]

Good morning. GDP and jobless numbers are today 8:30.

[twin vault]

https://www.forexfactory.com/calendar

[dull yoke]

Vvix is at 104 traders. Not so good. Means longs are still very risky and market has a lot of room to run to the downside. Which is great for shorts, but not so for those wanting to long. 🤷🏻‍♂️.

[twin vault]

all I know is 4160/4150 important...hold or not, we will find out.

[dull yoke]

Yup

4199 was important. That got smashed so we’ll see. I expect a small bounce from that 50-60 area. But small is all.

[twin vault]

NQ also at demand if holds

as mentioned yesterday....IF seasonality to play out this is the week they start loading....IF

[harsh holly]

nq loooks promising

[dull yoke]

We shall see traders!!! The suspense!!!!! lol

Quick dump into 4156 to scope liquidity and grab fuel for a small bounce?????

[twin vault]

Does anyone knows how to stop the news pop up notification in Tradingview?..it seems new update.

[dull yoke]

Might even be 4162.

[dull yoke]

🤷🏻‍♂️

[outer maple]

Just had to do it myself. Click gear icon/chart settings > Events > uncheck News update notifications on chart

[twin vault]

Thank you

[nocturne sigil]

🎃

morning

[dull yoke]

Good morning sir.

Trying to find a chicken to send to the butcher for dinner tonight.

[harsh holly]

closed my nq long

[hearty rivet]

MAXIMUM WEEKLY AND DAILY BIAS OF SHORT TARGETS HAS BEEN HIT

This target was on every stream i made

[twin vault]

yes

[hearty rivet]

and now we are no longer bearish. About time with end of month, November is a bullish month

it hit it on the millimeter

the fvg below it is points for potential rentries

[harsh holly]

where do you doing your stream?

[hearty rivet]

on luxalgo youtube channel, on my yt, on luxalgo discord here

today ill go live on here

maybe at power hour if god allows

[dull yoke]

Ummmm.

[dense sundial]

GM everyone

[severe solar]

Lets goo lovely GDP numbers

[severe solar]

anyone in any trades yet?

[frosty mauve]

im short on ES

[exotic copper]

@frosty mauve has earned the Lux Level 1 role!

thehoneytrades just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

[severe solar]

Nice! I almost longed crude but decided not to. My mistake lol already hit profit target

[sturdy wharf]

Did a euro trade

got out early as I normally do because being in for more than 10 minutes gives me a heart attack.

[sturdy wharf]

hbu?

[severe solar]

still waiting for entry setup

[sturdy wharf]

The neocloud strat still?

[severe solar]

yessir

[sturdy wharf]

gang hows that been going?

[severe solar]

waiting to also see if we bounce with GDP news

[hearty rivet]

what the fuck , i got $200 on a trade i closed it and it showed im up $25 on the day

[severe solar]

$1870 over 4 days

[sturdy wharf]

Incoming premium strategy

[severe solar]

if this passes I will be doing a 150K account so it can be 10K over 4 days lol

[nocturne sigil]

https://tenor.com/view/chicken-burger-yummy-tasty-delicious-revolving-gif-15033573

[severe solar]

hahah we have to get you recording a video of you buying a chicken sandwhich when i send you the first $100 from this strategy

[sturdy wharf]

Micky's lux algo profile pic would just be him taking a big ol bite out of a chicken dinner

[severe solar]

taking note of this on crude didnt like how small the neo was but lovely candles to start that bounce

[stray stirrup]

You are looking at 3 min charts?

[severe solar]

yeah for now 3min has been the go too

but possibly for es and nq might do 5min for more confirmation

just bc they are more voalitile

3min on GC and CL big time

[stray stirrup]

I am trying to follow along ... not much luck so far ... a couple of small losses on mnq ...

[severe solar]

so me?

show*

yeah thats why I didn't want to fully release it yet, bc I havent had enough time to make sure people know the proper risk for it

[stray stirrup]

I took the long based on the candle dipping into the neocloud ... the short I took was an ill advised revenge trade that also went again me lol

[severe solar]

oh yeah so this isnt a setup! for a long we want the low of the neo to be broken then price to come back up and clearly close above the bullish neo

[frosty mauve]

shorts cashed

[severe solar]

preferbly for the very first time as well

if you see premarket it already did it on the bullish neo

[sturdy wharf]

Im confused when did you long/short

[stray stirrup]

Oh you mean here?

[stray stirrup]

I went long then stupidly took the short after I got stopped out

[sturdy wharf]

But that second short is still going right?

[stray stirrup]

It was a bonehead move and I usually DON'T do stuff like that, but there it is

No that got stopped out too

[severe solar]

so this is what we are looking for

[sturdy wharf]

Its okay we all do that i've blown probably 5 accounts revenge trading

[severe solar]

in this trade rn

bang HIT IT BABY

[severe solar]

in this case I wouldnt take it bc its low volume premarket but ill show you what im looking for

\

first time it broke

is ideal

second time is not as good

but still testing on NQ and ES

works the best rn on CL and GC

[stray stirrup]

Hmmmm ... that seems more clear with he diagram. I guess I need to understand this more visually 🙂

[severe solar]

trying to make $600 today but dang $250 per trade is just what i like rn

[severe solar]

Are you able to watch the stream today?

[stray stirrup]

SO, like on nq rn, if it goes up into the neo again, we should be thinking short if we have decent volume, correct?

[severe solar]

so yes we just had a neo flip on NQ

[stray stirrup]

I shopuld be able to. I usually do ... or at least part of them

[severe solar]

it needs to fully retest the high and of the neo and break it. But then entry doesnt occur until it fully closes below confirming that its not ready for a reversal yet

[stray stirrup]

So ... we want it to go all the way through the neo cloud, then close below?

[severe solar]

Exactly

needs to break that high wick or close doesnt matter

[tired plume]

just a break of the neo cloud high or a close as well?

[severe solar]

refer to this if you have any questions

[severe solar]

for now im noticing just any break works fine wick or close

eventually might not even need a break for now that is the strategy but its still so new

and ideally want the neo to be big not some tiny line

[stray stirrup]

And we like thick clouds, not thin ones ...?

[severe solar]

yes like this dont like first break love second break

this is still premarket volume though

I do think 9am is a good session start doesnt need to be at market open. You could potnetially take something a little early if it setups

[stray stirrup]

Like now on cl ... good neocloud but not enough volume?

[severe solar]

Yes even ES here if it breaks back down might try it

[stray stirrup]

Watching nmq atm

[severe solar]

ES broke the high NQ hasnt fully yet

[stray stirrup]

But it doesn't HAVE to break the high, right?

[severe solar]

yes it does

that is step 2

ES and NQ is so voalitile its much harder sometimes but setups do occur

[stray stirrup]

So, since nq and es generally track, what do you do when there is a discrepancy?

Sit on your hands, I guess

[severe solar]

I like to see them trading the same

if they arent then yeah just wait

took micros on ES bc im not full confident is ES just yet we shall see if this lowbreaks