💬hangout

[frozen sand]

then go to chart to see if you understanding.

its not just simple buy/sell print money

[signal galleon]

are you ssatisfied ? Do you find these indicators successful ?

[frozen sand]

i am

[signal galleon]

thanks

[fresh fable]

👀

You need a prize @molten haven !! Beautiful. Was just wondering last night what the signals look like on HA candles and then this morning totally forgot to look. Thanks for reminder!

Does anyone know after how many candles the trend catcher prints a change in colour?

[opal cave]

Hi @signal galleon scroll back by 5-6 days and read through the messages from Micky. He shares his setup in these messages for the matrix, alongside with his strategy. I have also summarized this strategy on a previous message and got his confirmation (I guess 2-3 days ago). Kolay gelsin,

[signal galleon]

teşekkürler

[old crow]

Good morning ☀️ goodnight 🌙

All indicators and signals lag to a certain degree as they indicate what “has” occurred with price action. The actual formation of a candlestick is as accurate and real time as you can get. For the signals within the Signals and Overlays, you are able to adjust the sensitivity to your trading style, timeframe, and asset. Then with your own analysis, you can filter out which signals would be higher probability than the others…hope this helps

#🧠core-lessons

#📈must-watch

[tidal delta]

Just testing my my new name 🤣 I didn't bather to have a few numbers behind but okay now it's done and gone.

[thin trail]

https://twitter.com/LuxAlgo/status/1671492588778422273?s=20

LuxAlgo (@LuxAlgo)

Our premium indicators are next level.

Bullish divergence on the Matrix w/ a clean move up into a significant Volumetric Order Block.

$BTC 1D chart 🤝 #LuxAlgo

Twitter · Jun 21, 2023, 12:17 PM

[old crow]

Who’s ready for NY❓

Don’t visit NY without Matrix

DXY dollar index, looking shaky for now

[little flint]

https://tenor.com/view/the-fast-and-the-furious-the-fate-of-the-furious-fast8-fast-and-furious-fast-and-furious8-gif-22189938

[old crow]

USD DXY in a holding pattern, which forces the EUR/USD to do the same

What are they waiting for?

AUD/USD - picture perfect for my scalp on the Matrix

Cable GBP/USD - Nice Matrix short, if your still holding, its a bit shaky now with news coming up, but the Lux candlestick colors are keeping you safe here

[tropic compass]

1009

[old crow]

Anyone on Gold?

[old crow]

1009?

secret code

[old crow]

Gold 1H

PAC 4H OB's

PAC 1H structures and levels

Of course, THE Matrix

USD/JPY - 1H PAC with 4H OB's only

It's safe to say, the 4H OB held nicely

Hows everyone using the Matrix? any cool setups?

[finite bear]

Matrix is magical, anytime and day, any TF

[old crow]

I for one, AGREE with you

[elfin sphinx]

Just started using it with ripster ema clouds and it works pretty well.

[quartz vale]

can anyone recommend a bot that integrates well with Luxalgo? or a resource that can help with that? I guess it's webhooks via alerts using json?

[old crow]

Yeah, cant go wrong with MA's and back to basics

[old crow]

Someone will chime in, holdddd

😹

[elfin sphinx]

Agreed. Think I'm going to go back to paper trading until I'm reasonably profitable. I've blown too many accounts in the past, although I'm using fun money. Money is still money lol

[old crow]

I know there's a handful of members here that have connected, and helped each other, with 3rd party services for this. Have you asked around the other rooms....

[old crow]

It's very hard to trade fun money like it was real money as your not having the same stress levels. Here's is one little tip, to trade with fun money like it is real money. Get with someone and be accountable. Reset your fun money account and let the other person know. And every so often, you must update and show your account balance every week or a few days. This way, you MUST be careful with this fun money in order to show your results to this other person. Accountability....

You will be thinking long and hard now on your entry....because if you bindly gamble on an entry, this will show in your account balance performance to the other person

Just an idea...

[sterile cosmos]

I like that idea @old crow

[elfin sphinx]

Even though it's fun money, I'm very frugal and hate spending money if that makes sense. So I do take it serious, thus why I need to control myself and papertrade for a bit haha. Also, I like the idea but I don't think my wife would approve of how much $ I put into trading. Even though, 1-2k in my account is nothing for me, just comes down to risk management and getting better with execution.

Just reset for today. Was down 30$ before.

[old crow]

The key is finding someone in real life that you know, and not some online, must be someone you know in real life. This way, there you are 100% accuntable and you know, this starts NOW, no more playing around, this is for reals now...

[old crow]

This is good, here we go!!!!!!!!!!!!!

if we catch you gambling, we are going to roast you, you know that right?

joking

[elfin sphinx]

🤣🤣 Nah, I already tried sports betting totally not my thing haha

[little flint]

https://tenor.com/view/roast-turkey-turkey-thanksgiving-gif-18067752

[old crow]

OK time to look at some charts now that the initial Fed chatter is in

DXY, hard dump

pushing the EUR/USD to pump

[elfin sphinx]

Got out early bc happy with 30% but this is new setup I'm working with. Have camarilla Pivots as well for when needed.

[old crow]

Nice Matrix entries here

good job

[radiant ermine]

Guys NQ killing it

[elfin sphinx]

If I'm being honest, trying to get away from matrix bc I haven't decided if I'll un-subscribe for a bit, although it's a beast. Time will tell I guess.

[old crow]

Yeah, looks good, Matrix entry spot on, did you get on this short?

[old crow]

dang, that came out of nowhere....whats the reason if I can ask? maybe we can help?

[radiant ermine]

I did 3 Windows M15 - 5M - M1 for entry all thanks goes to you @old crow

[elfin sphinx]

Nothing against LuxAlgo, I love the indicators and community. But I don't see the point in subscribing if I'm just doing papertrade. Still haven't decided yet. But hey...That AMD play up 100% now haha.

[old crow]

Same with ES

[old crow]

wow, incredible, nice to hear this !!!!! 🙏🏽

[old crow]

OH, but its the more reason to stick around really, if you papertrade, then how are you going to practice and perfect your Lux strategy if you intend to come back later to trade real money?

There is a huge percentage of members here that are practicing on papertrade demo accounts, just an idea...

[elfin sphinx]

Yeah, that's why I said I'm still undecided. Just paid for another month so I'm going to use it for sure. Also, I saw where you don't use signals and overlays for alerts, so I turned that off as well to help clear up notifications and focus on PA.

[old crow]

cool

Crypto folks are killing this with longs

SPX 15m and 5m

Nice shorts

Lux candle colors

[molten haven]

Yeah but trading Ha sucks on the lower TF, so I run them side by side for confluence

[old crow]

what asset?

[molten haven]

The Dow

[old crow]

and which TF?

futures?

[molten haven]

3m scalping, 4hr for MS, 15m for mid term. I trade CFDs which are basically futures contracts

Used to use Lux but switched over to price action naked trading. Since Lux brought in the money flow I’ve come back and I see that they’ve made some sweet updates. Seeing if it can improve my scalping win rate

Must say this new oscillator is crazy good

[old crow]

yeah the dow is tough indeed, i like the s/p and nq myself

i lump the dow with crypto's, tough tough arena

[molten haven]

SnP doesn’t give enough points for me, Nasdaq is good. I find the Dow gives up the most if you know how to play it

But yeah, need to have some good risk management

[old crow]

If dow, ill do higher tf scalps

[molten haven]

3m is a higher TF

😂

[old crow]

Like this, ill take my short scalps as long as Matrix shows me them

[molten haven]

If you get your bias right and trade within the 4hr and 15m market structure, the 3m is a sweet spot

But only trade with the trend with the Dow, it throws a lot of liquidity grabs out which throw fake signals

[old crow]

yup, the key is the lower the TF, the better you need to be with your trade management

dont blink or look away

[molten haven]

100%

[old crow]

be on point!

[molten haven]

Yeah I don’t let trades run, I have my windows, Ny open, London close, on session

That’s all

Pm session*

[neat zealot]

what settings are you running for the Matrix?

[molten haven]

Previous lows have been swept and Sellside taken, I’m thinking up. But we’ve retaken the Buyside from before the fed minutes so be careful

Got a Snow White FVG at 34175 on the Dow j with my name on it

[molten haven]

You find TS to be better than SMA? And why the low signal setting?

[little flint]

https://tenor.com/view/snow-white-animals-snow-white-sweet-animals-gif-15751180

you got this?

[molten haven]

Snow White gaps - the fairest of them all

Liquidity voids

[little flint]

a legendary tradingview functionality

[elder flax]

@old crow can you share a TV link to your chart so i can copy those colours and indicators lol

[dim lynx]

Hey Micky how can i get my indicator setup as yours please?

[old crow]

USD/JPY 1H chart with 4H OB's

BTC 1H chart with 4H OB's

this is interesting

Heading up to 32000 levels?

[proper wing]

How's everyone doing. ES chart with levels

[old crow]

ES looked good a few scalps on the 1H/15m

[abstract wedge]

Can you please share some strategy for trading the dow? Thank you

[old crow]

Here is a good example of my scalping strategy with 1H & 15m EUR/AUD for todays action: 1H bullish Lux candlesticks with Matrix Turning Point Up and bullish Confluence zone, MoneyFlow and Threshold. 15m waiting for bullish Matrix Confluence Zone only, MoneyFlow, with Lux bullish candlesticks. Exits would be up to you, but I tend to set hard TP at 10 pips

Same with GBP/USD Cable, 10 pips each scalp

[dull storm]

@old crow Should smart trail be important in entering a trade, for example, everything on Matrix is correct I have a green candle color but the smart trail is red.

[old crow]

For a change, BTC was behaving nicely past 2 days, lets se how long this last

[wise spoke]

Great use of Price Action Concepts for the Order Blocks 👌🏽

[old crow]

I actually did have Smart Trail on my posted charts in the past, just showing you how you can use several Lux indicators. Just have enable the ones that you like and fits with your strat...

• I just may start to show Neo Cloud as well. Neo would show longer term trends.....

Heres Neo Cloud, there was one shot at a long play with Neo

[neat turtle]

you done for the day @old crow?

posted something you might find interesting in #📈futures-stocks-chat

might get a small breakout

[old crow]

Here's Smart Trail on same EU, showed you a different look between the 1H and 15m, but still gave you that one shot to the long side

[old crow]

ill check it out

[proper wing]

If you have followed my levels, you may have done well. Watch 4428 level

[old crow]

Turn on signals for Smart Trail filters, then whhaaaaaBAM

[cloud finch]

What is the best way to set alerts on Price Action Concepts for when price enters a premium or discount zone?

[old crow]

You can try reading this support thread on this:

#🤝support message

[dim lynx]

@old crowany idea how to remove vertical lines? its on None when you go to canvas is is part of the script?

[old crow]

My vertical lines are session breaks, settings for this in chart settings events tab

There are also grid lines, settings are in chart settings, canvas tab

[dim lynx]

thanks bro👍🏾 how do you use the session breaks? specific purpose?

[old crow]

I want to know when each fx day had ended/started for my visual back testing

[dim lynx]

gotcha thanks

[desert plaza]

@old crow How do I setup an alert 🚨 when the indicator turns + ??

[molten haven]

Use the 5m TF with price action. Trade using the oscillator at turning points, being aware of money flow. But be conscious of trade times. Look at ICT killzones for more info on that

[gritty kite]

Hi @old crow I hope you've had a good day

[old crow]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/alerts

[old crow]

alll good here 🙏🏽

[forest geode]

@old crow @thin trail please explain mate

BTCUSDT 1D divergence doesn't exist
BTCUSD 1D divergence exist

[old crow]

Huh? the divergence to the upside is right there

right?

oh you mean tether

well, those 2 pairs ar not exact

2 different assest

[forest geode]

then don't you think the oscillator should print divergence for btoh

[molten haven]

OMG that means tether depegged! We’re all gonna die

[old crow]

NO

[forest geode]

USDT is crypto dollar

[old crow]

2 different assests, both going in same direction, BUT one didnt not trigger the divergence algo

[forest geode]

bro then is a flaw isnt it ?

[old crow]

that is why it is important to actually visually and plot them on your own

[wheat blaze]

If it depegs, that just means everyone is going all in on crypto

[molten haven]

No it just didn’t hit the perameters

[old crow]

again, NO, 2 different assest, they are not the same

look at price levels, different

[forest geode]

Yeah guys i agree! then can't we change the algorithm to even fix this

[old crow]

NO

[forest geode]

awww!

[molten haven]

Then that will throw bad signals on other assets

[forest geode]

then to detect divergences

we need to check Dollar pairs

not USDT pairs

or both

[old crow]

its the same algo for the indicator. you dont fix an algo to back fit a particular asset

[molten haven]

It’ll be rare that it doesn’t detect them on both

[old crow]

If this is important to you to back fit an indicator for each asset, then you can change the settings for the divergence sensitivity %

[forest geode]

Divergence is the biggest part of confluence Strategy

[forest geode]

Don't you think 🤔 I am messing with the best default settings

[old crow]

I dont agree with trying to force two different assets to have the same indicator behave the same exact way.

But if thats what you like, then change the divergence sensitivity % in the Matrix setting panels

[forest geode]

Okkk I will try out mate 💕

Thanks

[forest geode]

Would you mind sharing your strategies 🥰

[old crow]

I share them constantly everyday with notes on charts

#💬hangout message

[mystic granite]

Hi
that’s the way I would use the matrix on a single time frame.

So for example in the pic up here:

• FIRST TURNING POINT I would have taken because you can see the hyper wave moving up , the confluence zone is changing color soon after and third the bearish money flow is getting weaker soon after.
• SECOND TURNING POINT: I would no take it because the confluence zone is still bright red and above all the bearish money flow is getting stronger.
• TURNING POINT NUMBER 3: is to be taken all life cause hyper wave is moving fast up and the money flow is moving from bearish to bullish.

That’s how I would use it….. do you think could be right?

[old crow]

This is fine, if your just trading with one chart, the turning points you are discussing are valid reasonings on your "why." BUT, if your only using one chart then you need to explain, why you didn't take the other turning points. If you cant explain those, on "why" or "why not," then you just cherry picked the obvious ones to talk about. Remember, when analyzing in real time, you will see Turning Points as they occur, so we need to explain each one in our heads on why or why not each of these are good or not good to take entry...

hope this makes sense

But your reasonings on the turning points you discussed are pretty good, good job!

• Using one chart requires more detailed explanation on each turning point. Using a higher TF chart will filter out most of these lower TF turning points so you dont have to explain about them....

[mystic granite]

Sorry…. Regarding the bearish turning point I haven’t mentioned because since I m a bull in the market I just consider bullish turning point to entry. Regarding those other I didn’t mension because to close to the middle of the plan…. Turning points in the oversold zone or close to it feels more powerfully usually if you have more turning points in the middle of the plan can be a warning of a ranging market.

[old crow]

OK, there you go, that was the reasoning that I needed to hear why you didnt look at the other turning points......

Looks like you got this Matrix down pretty good!

My questions to you is, how did you know you were in a bullish trend?

[mystic granite]

Was I right??? 😄
You know I m doing trading since a couple of months and even though is going really well…. I m still a beginner so I need confirmation from you guys more expert.

[old crow]

For a beginner on a couple of months, this is pretty good on you, good job!!!!!!!!!

[little flint]

here's a naked chart, HA and fancy colours
14 turning points in there, i would have taken 6 trades

green turning point will need a red to purple candle or a full green one and trend tracer to be green( for a buy)
grey turning point will need a purple to red candle or red candle + tracer red for a sell

anything in between is being ignored. all 6 trades would be winners, none taken bc i don't trade btc and i don't do daily

doing this live i would have taken probably 3 or 4 trades, emotions and shit

☝️ i've ignored the whole moneyflow stuff

[old crow]

BOOM, there you go, LUX Candlestick colors

[little flint]

thanks dad

[old crow]

[mystic granite]

Well you are right…. I never trade without looking the chart, it’s candles and everything can be a confluence…. As you say if I get enough confluences I would trade the turning point even with purple candles. The tracer i have thought about it…. But usually I use it as extra confluence

[fresh fable]

Thanks, will compare them 👌

Like the vertical monitor! May need to hack the same thing. Makes for crisp indicator reading

[molten haven]

Thanks, it’s a 32inch that I turned vertical. I use it as my primary trade screen even though it would be better suited for a split haha. I just like being able to see it all

[old crow]

How can you not like these set-ups 🤷🏻‍♂️

[old crow]

Why not Lux Candle Color Gradient 🤷🏻‍♂️

[queen edge]

Hi

Can i please have access to your old version of indicators? We have a strategy based on your old ( which was updated by you few weeks ago ) indicators and now they do not work.

Thanks

[spark tree]

https://discord.com/channels/641770286638694402/1039144928124612618

[sterile cosmos]

Hey @old crow, do you have a copy function on your chart? Wouldn't mind messing with that myself if that's allowed.

[queen edge]

What we need is the signals and overlays indicator

[spark tree]

I see. I beleive that the signals and overlays indicator is the same except the signals are more accurate and any overlays that was removed from the main toolkit was added in the legecy overlays. But if you just want the previous version you'll have to wait for a response from support i guess.

[queen edge]

Thanks

@sour gale

[mystic granite]

I see you have in your charts both trend tracer and trend catcher…. How much do u use them in your analysis??
For example when you analyze the potential entries from matrix oscillator , or buy signal…. Do you require them to be both bullish or you use them as extra confirmation but not mandatory?

[old crow]

I rely on the trend catcher. It would be nice for the trend tracer to be in confluence, but not necessary, depending on overall structure and Matrix

[fresh fable]

Good shout. Oscillators hard to see otherwise 🤌

I have a spare 24 inch lying around, gonna rig her up 🫡

[mystic granite]

From what I see in the chart as a bull I would take the first bullish turning point (bullish point + bullish money flow+ bullish confluence) and would have gone out at the end of confluence zone.
I probably wouldn’t take the second bullish turning point cause the bullish money flow is decreasing.
I would have taken the 3rd bullish turning point cause the bearish money flow is decreasing.

@old crow

[tough meteor]

In this section, I marked whether we can receive a signal from the indicator.?

re-test

[mystic granite]

I don’t think you can have another confirmation since the sell signal is already there…. My opinion

[tough meteor]

bro

[mystic granite]

That short signal I would not have taken since it is too close to the reversal bands (green one) and the candles don’t show a strong momentum. My opinion

[tough meteor]

how can i remove or detect fake signals guys

[mystic granite]

Try optimal sensitivity you see in the panel

[tough meteor]

which bro?

[mystic granite]

Nope take away autopilot and calibrate the sensitivity to the one you see in the dashboard

[tough meteor]

okey now off?

[queen edge]

@hidden moss

Can i please have access to your old version of indicators? We have a strategy based on your old ( which was updated by you few weeks ago ) indicators and now they do not work.

my trading view username is 'dilshanabey'

What we need is the signals and overlays indicator

Thanks

[tough meteor]

yes i want how i can?

[hidden moss]

All previous oscillators within v5 are available on this link. You can add it to your favorites & then access the indicator from within your TradingView indicators tab.
https://www.tradingview.com/script/HYEQXNrA-LuxAlgo-Legacy-Oscillators-v5/

[queen edge]

Signals and overlays cannot be found, is it there, are you sure 'Signals and overlays' is there?

[tough meteor]

Can we get the strong low place I drew here as a notification?

and ... How can I set up an alarm that shows trend breaks?

[queen edge]

I checked again, Signals and Overlays version 5 isnt there

[tough meteor]

bro Can we get notification on the first strong low formation?

[tough meteor]

I want to enter the transaction at the exact place that makes the wick and exit the transaction at the highest point, how can I do this?

[old crow]

Unfortunately previous versions of Signals and Overlays are not available. You would have to optimize the latest version for your strategy….

[gritty kite]

Good morning @old crow

[little flint]

by clicking "BUY" when the candle closes, and "SELL/CLOSE" when you feel comfortable with the profit

[tough meteor]

Is there an alarm that catches the candle close?

[old crow]

Morning or good night

[tough meteor]

Do you think btc will go short or long? 4 hours

[tender thistle]

hey @old crow do you use autopilot on your sensitivity?

[old crow]

Yes I do, I like short term

[tender thistle]

Thanks boss, been loving the stuff you've been sharing with the matrix. Game changing stuff

[old crow]

🙏 more to come today

[thin trail]

@old crow

[old crow]

The first chart I pull up ALWAYS, is the Dollar Index DXY

[old crow]

Morning

Happy Friday!

[thin trail]

GM sir

It's Thursday 🤣

wait, is it

[old crow]

oh shoot

hahaha

Well, its Friday everyday for me

The 2nd chart I always pull up, but don't necessarily trade it, because it is the big daddy of FX pairs and I'd like to see what it did over Aussie/Asian/London sessions

On this EUR/USD, there were a few nice long MATRIX set-ups

2 solid long entries, and a few Turning Points Up in between. Trade Management with LuxAlgo Candle Colors

Notice Trend Tracer, Trend Catcher within the Signals & Overlays.

Lets talk about BTC

I know there is a handful of traders that scalp on lower timeframes such as 1 minute.

And use only one chart of 1 minute.

Here in that 1m chart with y template, I marked up the possible entries based on Matrix MoneyFlow, Turning Points, Confluence Zone, with Signals & Overlays Trend Catcher. With this one chart, Trade management is the upmost important. Some entries are winners, some are losers, but with trade management, you should be able to be safe.....

I would not and would never suggest this 1m TF for beginners, and always on practice account, demo account, paper trade account. Never with real live money account

Here is the 1H BTC chart. I drew a box in which all the 1m scalps are located in

So within this little 1H chart box, the candle colors where neutral purple, with Matrix Turning Point down, with another Matrix Turning Point up that HAS not been confirmed (with 1H bar close) yet. And we have Matrix Confluence zone weak Bullish (due to bearish HyperWave)

The point is, based on the 1H chart, that I use for trend bias for a lower TF entry, it was very risky to scalp on one chart of 1 minute....

Here is USD/CAD 1H 15m

[tough meteor]

türk var mı burada?

[old crow]

AUD/CAD past 2 days

[tough meteor]

Can you suggest me the most effective best strategy in futures trading?

[old crow]

Welcome!

[tough meteor]

thank you..

[old crow]

What futures symbols you trade?

[zinc latch]

S&P 500 E-MINI

[tough meteor]

I really don't know if you can show it by sharing screenshots. I would like to learn from you. I know how to make an action, but I want to determine a new strategy thanks to you.

[zinc latch]

5Min - 15Min

[tough meteor]

for example i use trading view pro. will the alarms work what alarms should i set

[old crow]

OK, in my opinion, futures are a bit different to FX, meaning, futures are more hyper sensitive to any type of news sentiment that is floating around. So on these lower TF's of 15m and 5m, I would use Candle Color Simple, Auto Long Term, to LIMIT my entires to one side and to limit my bias, so thta I dont overtrade. It's not to say that short term doesnt work, as it surely does, but I want to limit the trade set-ups, because the eb and flow of futures can be nasty at times......

Let me look at the chart and mark something up. Caution, its DANGER week for futures as we have FOMC chatter all week...

[proper wing]

GM @old crow and everyone. ES Chart with levels of interest:

[lunar finch]

agreed. 4413-4404 This has been a battleground for 4 days now. it is critical this holds to keep any direct move up in play, sells are below

[old crow]

Here is ES 15m

Based on this chart ALONE, I would be LOOKING for potential entries on your lower TF 5m.

The bars are colored Auto Long Term, so I can limit the bias to one side a little longer, so I dont over trade....

here is the ES 5m, looks for shorts based on the 15m chart I posted

Im not gonna lie to you, futures is another beast. Trade with caution on lower TF's

[radiant ermine]

Hi @Micky (Lux Pro) is your entry trigger the money flow switch? or if threshold crosses or the turning point?

[old crow]

Much easier to analyze on higher TF's

[old crow]

These screen shots with notes should help you on what I look for

#💬hangout message

[zinc latch]

@old crow Thank you

[radiant ermine]

It appears that you are analyzing a potential trade setup, and from my understanding, you are focusing on identifying a turning point and a strong confluence zone in the lower timeframe. If I am not mistaken, you are also considering whether the higher timeframe is in sync with your analysis, am I right?

It seems you are employing a multi-timeframe analysis strategy to ensure alignment between different timeframes, which is a wise approach. By identifying a turning point and a strong confluence zone in the lower timeframe, and confirming that the higher timeframe supports this analysis, you can increase the probability of a successful trade.

Remember, a turning point indicates a potential shift in market direction, while a confluence zone refers to an area where multiple technical factors or indicators coincide, reinforcing the significance of that area. The combination of these elements can provide a powerful setup for your trading decisions.

[old crow]

Here is Elon Musk 1H 15m

[proper wing]

4418 important level to watch to move upside

3 downside target achieved

[old crow]

Can I copy and paste this for future reference? YES, you hit this on point

I ALWAYS want to know what the higher TF is showing, it limits my entries on lower TF's

The key is being less exposed to risk in the market, limiting my entries is lessoning my exposure

[old crow]

Morning !!!!

The charts I am posting is just the beginning, just showing you the basics with Signals/Overlays with Matrix. Now you can overlay a few concepts from LuxAlgo Price Action Concepts. Such as key levels in OB's or Strong/Weak HL's

[radiant ermine]

Of course @old crow , you are always welcome! We firmly believe in teamwork and supporting one another. We are all part of the same team, striving for success together.

[old crow]

I mentioned this before earlier in the week, this is FOMC chatter week. DONT beat yourself up if your charts look like a complete mess. It's not your chart nor is it your set-ups. It is just FOMC.....Just sit out and wait until this blows over......

[proper wing]

I do use Lux algo PAC for my confluence. More confluence, more confidence in trade entry/exit. I like to have my levels that helps me to stay in the game

[old crow]

Who does farming trades? SoyBean

[old crow]

Agree, key levels to give you a reason to trade away from or to them...

Wheat futures

Copper futures

Corn futures

All the above commosity futures where not cherry picked on TF's or settings. These are the major commodity Futures, all on the same 15m TF and same LuxAlgo template settings.

With these futures, the Matrix set-ups are very clean and smooth

Just use Lux candle coloring trends and Matrix entries.....

snag a few scalps and your done for the day.

[zinc latch]

@old crow could share the settings for the 15min screen please

[old crow]

Do NOT over trade, the market will be open again tomorrow to feed our addiction, LOLLLLLLLL

[old crow]

Matrix

Signals/Overlays, Auto Pilot Short Term for most assets on 1H and 15M

Of course the Trend Catcher

I recently added this FX pair to my watch list, isn't she pretty? for now, lets see newt week, LOLLLLLLL

[night lion]

What’s the meaning of TS of 2 vs 3?

[old crow]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-oscillator-premium/hyper-wave

GOLD 1H 15m

[neat turtle]

@old crow can you share a link to just any chart so I can snag that color scheme it’s easy on the eyes

I may just need to turn my digital vibrance up on the pc though not sure

[old crow]

OK hold on

For those who are interested, here you go.....I dont keep this chart turned on for too long as I like my TV files clean and organized on my side, yup, im that person, LOLLLL. So grab this while you can

https://www.tradingview.com/chart/sbkcICkw/

Let me know you folks are done with this 🙏🏽

[neat turtle]

Ty my friend

Done

[zinc latch]

@old crow IM DONE, THANKS A LOT🙏

[raw forge]

Thank you for this chart @old crow !

[old crow]

Now that you have this template, I will change mine to diffet colors and settings

https://tenor.com/view/lmao-spit-take-cracking-up-haha-so-funny-omg-gif-17921247

[neat turtle]

😂

[raw forge]

[neat turtle]

It’s looks smooth on my phone but for some reason my pc the candles look off maybe its the black background va yours that makes it pop

Idk I’ll have to check when I’m home

[old crow]

Sometimes when im bored, i like some blues or purple gradient backgrouds....

[zinc latch]

[neat turtle]

The candles have that choppy look on my pc very frustrating

[old crow]

make sure you candle borders are off and up/down wicks are one neutral color

[neat turtle]

That might be it

[old crow]

this template should all migrate over to your PC when your on it

now you can all do the Lux dance with me

[neat turtle]

Because I love using black background, ye I saved it as a template so it is

[old crow]

[neat turtle]

🙂

[old crow]

Black is good, i like a black gradient too!

Sharp!

purple grapes

blues

[neat turtle]

Ain’t no way I just pulled up to this

[lunar finch]

I like this one. Can you show your setting?

[old crow]

hold on, I have to blow this up

LOL

[pseudo crow]

How do I use this indicators

[old crow]

And he didn’t get pulled over? Hahaha

[neat turtle]

Brother I have no idea

[old crow]

where is this? virginia?

LOL

has to be the states, only us folks do this stuff

LOLLLLLL

[neat turtle]

Alabama

[old crow]

hahaha

that was my next guess, dang, i should had typed that

LOL

[neat turtle]

That actually made my day

[old crow]

Anyone try out the new LUX indicator?

Very interesting, plots levels on current day, based on previous days supply/demand data

hmmmmmmmm

https://www.tradingview.com/script/rc0kPSGU-Supply-and-Demand-Daily-LuxAlgo/

[old crow]

Big Ben is now closed

London closed its doors

Its up to NY to close out the day....

OK, lets chat about trend bias.

Take a look at the Daily TF of the big daddy EUR/USD.

This pair chops a bit sometimes, or most times, right? not the smoothest pair out there in my opinion...

BUT

On the Daily

This is what I see

GBP/USD

USD/JPY

DXY Dollar Index

Gold

Nifty

[old crow]

ES Futures

[indigo saddle]

ty Micky for your excellent vislually powerful templates !

[old crow]

BTC

[indigo saddle]

Absolute $$$ money maker

[old crow]

OK what do you see in all of the daily charts above??

What are the least trendy assets?

Based on the Daily?

Ill tell you

the ES Futures, and Crypto

Think about this

[untold forge]

Hi Micky new here but not thatr new on trading, what you think about NAS100?

[old crow]

Outstanding entries !!!!!!!!

[neat turtle]

Alot of people I don't think understand how carried ES is atm by NQ Tech / Ai, now what remains to be seen is it a true bubble? and if so what happens if it pops

[old crow]

APPL

[neat turtle]

yup

[old crow]

When APPL has a stomachache, everyone gets a stomachache

[neat turtle]

in the broad picture i see massive pain incoming

[old crow]

lets look at APPL

[neat turtle]

Alot of people are going to get trapped at the top

thinking we are going into the next bullmarket imo

[old crow]

Same with FaceBook

but look at that, dang

[untold forge]

i personally think, its about to go bear in the next 1-2 weeks

[old crow]

Im just playing around with an idea in my head now.......

Two sets of Matrix MoneyFlow only. 2nd set for pull back re-entry's

[proper wing]

Current ES charts:

[neat turtle]

what a short that would have been

[old crow]

Just experimenting now, that is all....putting ideas on the chart

[neat turtle]

i like where your going

[tough meteor]

how ı setup my indikator ?

[old crow]

BOOM! FLUSH!

[neat turtle]

i also was playing around with some ideas about only entering with moneyflow + strong confluence on the meter being bullish or bearish

[old crow]

Nothing yet, it may not become anything, I do this all the time, but first time im posting my ideas that float in my head

[old crow]

Yes, deactivating a few features forces you to concentrate on the ones that you want

Same concept with the HyperWave and Turning Points

Or this

OK, enough of playing around?

Have a good rest of afternoon and night for those over there

LOL

👋🏽

[zinc latch]

@old crow FOR YOU TOO. are you in the USA ?

[old crow]

yup 🇺🇸

[dim lynx]

anyone looking at sp500?

[zinc latch]

@dim lynx me

[old crow]

probaby more SPX/SPY maybe?

[dim lynx]

SPX yes sorry

i mostly trade GOLD and SPX last week still us500

new to the LUC indicator, trying to figure out how to get it working

[old crow]

Have you gone through the #🧠core-lessons and #📈must-watch ?

and #🔊announcements

[dim lynx]

no Micky only got back on yesterday morning, thanks for the links ill jump right in them

[old crow]

alot of good info.....

[neat turtle]

@old crow i am obssessed with solving the crypto mystery with the matrix

we must break the code

[old crow]

You wanna know the secret?

[neat turtle]

what's that don't trade crypto lol

[old crow]

hahahaha

YUP

if you have all these assest available to you, what is your reason to trade crypto?

[neat turtle]

i mean that is true

[old crow]

If it is a good reason for you personally, versus other assets, then yes, learn it and trade it

If the pros and cons of crypto dont out weigh the pros and cons of other assets, then you have your answer

[neat turtle]

just something to do on the side after i've finished with stocks for the day but like you said to take the time that is probably necessary to actually develop a great scalping strategy is not worth it if it's not the main focus

[zinc latch]

@old crow WHAT INSTRUMENTS YOU NORMALLY TRADE ?

[old crow]

Crypto can be rewarding if your "game" is on. But can your "game" be even more effective somewhere else? Some folks can trade crypto much better than the other boring assets....just depends on each of us really

[old crow]

FX 99.9% of the time

sometimes i get the itch to turn on my TradeStation acct and trade micro lots of ES minis

[neat turtle]

very true

actually looking at different things with the suppy and demand indicator you pointed out earlier and i like it

[zinc latch]

@old crow what pairs do you like most ?

[old crow]

I like the JPY and the CAD pairs

[neat turtle]

6 hours ish

speaking of that new indicator and CAD

[zinc latch]

@old crow do you use the MATRIX to exit your trades ?

[old crow]

My exits are hard 10pips TP

But if i were to go for larger TP's based on price action, I would use catcher and Matrix TP's for exit scalps

[naive blade]

https://tenor.com/view/excellent-perfect-golden-girls-dorothy-zbornak-gif-25327574

10 pip TP is OP

ive used it for years

10-15

especially on crypto/stocks, its like taking money from a baby, works amazing with bots too

[zinc latch]

@naive blade forgive my ignorance, in stocks there isnt pips, in that case what you use (dollars, ticks) ? Thanks in advance

[naive blade]

yeah ticks

[old crow]

Rinse and repeat, no need for the big home run

Can this be that easy? HAHAHAHA

[tough meteor]

When btc short is passed, can you tell me here, let's trade together 🙂

[old crow]

I dont call out trades and call out rooms/groups dont work really, because it may work for the person making these calls, but it wont work for you because there's more to it than copying the entries. Because you need to know the analysis behind the entry for it to work for you. Hope this helps. But here is my BTC chart. It says "not today, not today...."

[jaunty relic]

@old crow what are your indicators if you mind?

[celest pasture]

For the last turning point on 1h do you take the short on 15m on turning point even if the money flow is bullish and confluence zone is green and red ?

I’m talking about audcad

[celest pasture]

Indicators are matrix and signals and overlays with ha candle and tts on matrix

[jaunty relic]

Thanks KernO

[celest pasture]

Just scroll or search messages from @old crow he explain his strategy every day

[celest pasture]

Thanks 🙏 better play safe

[old crow]

yeah, still a winner, but still no trade based on rules

oh well

[old crow]

#💬hangout message

here are some screen shots with notes

• I would also like to hear some other different Matrix strats as well. Maybe I can implement a concept or 2

[tender thistle]

im trying out neo cloud with contrarian signals, and matrix confirmation

we only consider longs when its blue neo and shorts with red neo

can also use neo filter

[old crow]

Nice start, looks promising for sure..

[gritty kite]

In the past I used to look at leading indicators like stochastic RSI and Boll Bands. But I don't anymore as I can see that the Matrix Oscillator has incorporated them. So Matrix Oscillator is now my leading indicator

[old crow]

YES, Matrix does eliminate the need for other indicators. Keeps your screen clean and more room for your main candlestick chart. The more that chart panel gets squeshed, the harder to see the moves....

[old crow]

Neo does filter out most bad entries

[gritty kite]

Fin Twit would have you believe that more indicators = more money, but the opposite is true

[old crow]

Tough call, if I could have 20 separate oscillators and make big time money, then sure. Might work for others, but not for me....

[untold yew]

@old crow hello micky how are you? can i send you a direct message about helping me set up the matrix and the main chart?

[old crow]

With the room I can save with Matrix only, I could have a layout like this: Daily, 1H, 15m, 5m

[gritty kite]

It is clean

Mine is also similar

[old crow]

sure

This layout for BTC tells me, "not today."

[gritty kite]

yeah. Trend Catcher is flat
But higher TF showing bullish confluence

[untold yew]

@old crow ok dm sent. thanks

[old crow]

How about this? just need to change the TF's on these

[old crow]

Im not sure what to say to this

fool me once, fool me twice, fool me three times and shame on me

hahahaha

joking

[forest geode]

I wonder which drug he takes to tweet these

[old crow]

I see him in other rooms and groups, LOLLLLLL

So what does that tell you?

[forest geode]

Seriously

[old crow]

yup

[forest geode]

Regarding ?

Bull or bear ?

[old crow]

just other stuff really...nothing special

[forest geode]

Lol 🤣

[old crow]

I bet he doesnt have Matrix?

[forest geode]

🤣🤣🤣

[forest geode]

He is paid to do that

[old crow]

but he will show off his fancy "rented" car

[forest geode]

There is one more guy called Coosh Alemzadeh

[old crow]

ehhhhh

bring them all into LUX !!!!!!!!!!!!!!!!!!!

[forest geode]

This guy takes TA to next level

[old crow]

https://tenor.com/view/darth-vader-star-wars-rule-the-galaxy-join-me-gif-17440064

It's all good really, there's enough room for everyone in social media in trading. But the one and only original is?????????

Someone has the answer to this?

[gritty kite]

Please don't bring those paid artists to this group. 😀

[old crow]

HAHAHAHAHA

[old crow]

delete

delete

LOLLLLL

[forest geode]

Bro see 🙈 the TA knowledge

[dim lynx]

@old crow can you assist me please i cant my scanner like this mine show BOS over few TF

[gritty kite]

He's got so many views and so many likes ?

[old crow]

Im confused, there are 2 dashboards. The one you show is for Signals/Overlays, the BOS is the Price Action Concepts Dashboard

[forest geode]

When both the king and his followers are clown 🤡

[dim lynx]

nope you aint confused you are right!

[gritty kite]

Unbelievable!

[dim lynx]

i am sorted thanks, sorry lol

[old crow]

I just follow Matrix

NYSE is now done for the day 👋🏽

https://tenor.com/view/closing-time-the-office-gif-10807080

[forest geode]

I follow the oscillator matrix 🤣

[gritty kite]

10 pips. Rinse and repeat

[old crow]

https://tenor.com/view/yup-crypto-gif-24984895

[forest geode]

Hey 👋 mate! You don't trade crypto

[old crow]

Not anymore, I used to on BitGet

Dont need high blood pressure

Im getting too old

[forest geode]

🤣

[old crow]

Thats a big ghost

[neat turtle]

micky been testing more layouts

[old crow]

your a right to left guy

im a left to right

[neat turtle]

i noticed that

as well hah

[old crow]

nice Matrix colors you got there

[forest geode]

Any idea how to fix delayed signals

But sell are delayed 😕

[zinc latch]

@old crow the MATRIX settings that you share helped me to win $900 just this afternoon only, thanks a lottttttttt man, i would like that you share more of your thinking...regards

[old crow]

turn them off and analyze on your own. If you think they are delayed, then you are already analyzing the charts on your own. Think about it.......

[neat turtle]

also, if you mean delayed by you want to catch every tip top and bottom its not gonna happen

[old crow]

Rip the band aid off, and analyze on your own, right?

[neat turtle]

ever

better to just trade with the trend get in and get out, than trying to time bottoms and tops

[forest geode]

Bro it is possible , I mean don't me wrong we need to be just one step ahead

[forest geode]

I sent you request

[neat turtle]

not profitably its not or everyone would be a contrarian trader

[old crow]

YOU or WE can NEVER time the market at the top wick or bottom wick of any structure with indicators. Only way to do that is with PAC, if you can master a few SMC concepts, then the best you can do is set a limit order at these levels

Just my opinion

[neat turtle]

^

completely agree

[old crow]

OH MY LORD !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[old crow]

DONT Thank me, Give thanks to @thin trail and @analog onyx

[neat turtle]

WHOOOO

jk jk

[gritty kite]

Tell us more. What were you trading? Entry and exit points?

[old crow]

https://tenor.com/view/shhh-shush-silence-nose-gif-17895433

hahahahahha

[neat turtle]

if you spam dm staff they will share

https://tenor.com/view/homer-gif-26329300

[zinc latch]

you were the who shared the MATRIX settings.....hahaha, if come to Charlotte, NC let me know to invite you a drink or food, whatever you like.....cheersssssssss

[old crow]

🙏🏽

https://tenor.com/view/rameses-go-heels-unc-tar-heels-carolina-gif-24051369

[dim lynx]

Too many comments missed the comment, mind sharing the matrix setting

[old crow]

#💬hangout message

☝🏽

[tough goblet]

And where can I find that share?

[dim lynx]

@old crow thanks bro i appreciate

[old crow]

You may need to adjust these to the assets you trade 🤷🏻‍♂️

[tough goblet]

Ok, same as I had except for the Signal I had at 3. Would it make that much of a difference?

[old crow]

not really I dont think, try them both out

If you stick with one asset and learn it, and if you can sit and wait for the set up, you are good to go. If not set for the day, who cares, wait till tomorrow...

Sure you can scan a few more assets, but you are going down a path that will mess with your head. Just learn an asset before adding to your scan list. Be an expert at one thing first, instead of trying to be an expert at 5 different things at same time....

[gritty kite]

👆 Is the key

We see people who talk about so many different assets. Then a week later they go all quiet

[old crow]

https://tenor.com/view/lolol-gif-22833887

[neat turtle]

@old crow

[old crow]

Playing the Yen futures, NICE!

[neat turtle]

was thinking about getting in a long was watching it but im in a short on NQ atm

caught that move down

[sterile cosmos]

Yen futures going all day?

[neat turtle]

just like other futures

[sterile cosmos]

Is that dotted line on your chart VWAP or a MA?

[neat turtle]

its actually

https://www.tradingview.com/script/p8wGCPi6-Trend-Regularity-Adaptive-Moving-Average-LuxAlgo/

the trama line

and i can tell you it is very very very very good

[sterile cosmos]

Ohhh. Nice.

[old crow]

TRAMA

oh yeah

[sterile cosmos]

I have been using a vwma, but this looks swesome

[neat turtle]

i have seen some MASSIVE moves playing the trama line

[sterile cosmos]

I was practicing scalping with the matrix only this evening , crazy indicator.

[sterile cosmos]

Gonna check that out in my nighttime practice.

[neat turtle]

just put it on a basic chart

and look at different timeframes with it

you'll see the pullbacks to it, how it acts as support and resistance it's actually probably my top 3 indicators by lux

[sterile cosmos]

Thanks for the tip

Lux does insanely good indicators

[neat turtle]

it should be in the paid suite in my personal opinion

not free

just look at this

on the 4hr the plays you could have taken just off that

[sterile cosmos]

Looks like an anchored vwap behavior

[neat turtle]

we are talking about the DAILY here, look at this one play this ONE bounce

[sterile cosmos]

I think I might switch to NQ, seems to move a lot more than es

[neat turtle]

i mean, in regards to futures its 5$ per tick = .25c compared to 12.50$ per tick on ES

so price wise it does move more yes but its way more expensive and you can absolutely get wrecked on NQ

if your not careful

[sterile cosmos]

MNQ 😉

[neat turtle]

[sterile cosmos]

Seems to be a little bit smoother.

[neat turtle]

i find myself trading more NQ lately on the future side but i still trade SPX everyday on my normal broker

[sterile cosmos]

I put ha candles on 15m es today, we're useless

[old crow]

I bet the U/Yen will prop back up 🤷🏻‍♂️

C/Yen

[potent mauve]

What is the name of the indicator that change the colour of the candles

[old crow]

LuxAlgo Signals and Overlays

[neat turtle]

actually wicked off the trama

hahaha

i am done trading for the week, my weekend starts now though. ill still be chatting around looking at charts if anyone is bored with projects / testing

[potent mauve]

Mine looks different

[potent mauve]

Help pls

[neat turtle]

show what indicator your using

[potent mauve]

Signals and overlays

[neat turtle]

screenshot

[neat turtle]

what does your settings look like

inside

[neat turtle]

take every other indicator off

besides lux

something is messing with your candle coloring probably that script you have on

[potent mauve]

Okay

[old crow]

Yeah, this is something else besides Lux here

[neat turtle]

@potent mauve did that fix it?

[potent mauve]

No

Still the same

Is there something wrong with my script

[neat turtle]

did you take it off

or leave it on

start a fresh layout and only put lux signals and overlays on

nothing else

the order you have your indicators on that chart you showed has your script priority over lux, so if the script changes candle coloring it won't use lux

@old crow i glanced at USDJPY it'll be interesting to see how it acts on the 1HR

The equilibrium on the 15min lines directly up with that bottom trendline price wise.

also have that megaphone pattern going on

15min did bounce off the trend tracer though

[old crow]

what is My Script? take this off, or create a new chart

[potent mauve]

I did

[sterile cosmos]

This is back testing just looking at the matrix, nothing else...

[potent mauve]

How did you enter pls

[old crow]

You can start here #🧠core-lessons

#📈must-watch

https://docs.luxalgo.com/trading-best-practices/profile

☝🏽

Good stuff

[tough trail]

Do anyone make money using lux indicator ? What strategy you use?

[old crow]

#💰share-profits Yes. many here are doing very well

[sterile cosmos]

I'm just using the TV replay feature

[tough trail]

Awesome 🫶

Is there a way to get this blue cloud to trail closer to candles ?

[old crow]

Try turning on Trend Chaser and/or Trend Catcher

[neat turtle]

hmmmmmmm

maybe i got one more trade in me

[tough trail]

Like this? Trend chaser line when price cross that then go short?

[old crow]

NO, I was just letting you know that the Trend Chaser or Trend Catcher might be better for you since you asked for the blue Smart Trail to be trailed closer to the candles, which is not an option now...

You can also try the Neo Cloud

[sterile cosmos]

This TRAMA is nice!! @neat turtle

[old crow]

@tough trailhttps://youtu.be/wIJgI1905aA

[tough trail]

Thanks Bro

[neat turtle]

[sterile cosmos]

Thought you might enjoy that statement.

[tough trail]

TRAMA is good bro.

it will help hold trades very longer

no need for VWAP now haha

[sterile cosmos]

Practising with the matrix in a trend day. 🔥

[vernal basin]

hello all!

[sterile cosmos]

yo yo yo

[vernal basin]

is there a guide on how to use the script and trade with the platforms?

[sterile cosmos]

https://youtu.be/wIJgI1905aA

#💬hangout message

Check that post out as well

[vernal basin]

gotcha, with binance connection, is it only spot?

[sterile cosmos]

It's just on trading view...

I think you can hook up binance to trading view

I'm not sure if it's futures as well

[vernal basin]

gotcha, so it wont auto trade

[hidden moss]

Do you have to buy TradingView Premium subscription to have access to the price action concepts?

[vernal basin]

does it mean the system in asking us to long based on 15 mins?

[tough meteor]

hello How can I get notifications where I marked this? What are their names in the notification?

[wheat tiger]

It should be OB Down turning point ? @thin trail @analog onyx

[hidden moss]

is there a way to set alets when the price hits the smart trail?

[hidden moss]

oh missed that LOL thanks for letting me know

was trying to find it in the actual indicator setting

[buoyant willow]

Don't think so

[hidden moss]

Yea all good. It’s working now. Thanks for the reply

[buoyant willow]

You are limited to like 3 indicators on a chart at once though

👍🏻

[olive socket]

This is my daily trading strategy. Every day 4 to 6 points on the FTI S&P500, 3 min. Does anyone have any ideas to improve this strategy? Let us know to level up this strategy. DM me or let me know in another way.

[void delta]

can you guys share some videos or book about how to spot a good orderblock

[gritty kite]

Good morning @old crow

[sterile cosmos]

You could only trade in the direction on the neo cloud, that would likely filter out bad signals.

[void delta]

is this fvg still valid?

im new and not sure about it.wish you guys help ❤️

[sterile cosmos]

Once it's been touched, I don't consider it anymore, but that might just be me

[indigo saddle]

yeah once a FVG is breached that's it for me as well, essentially on any gap fill !

[old crow]

MORNING and GOOD AFTERNOON/NIGHT

[olive socket]

Sometimes the trading plan just doesn't quite work out. Each trade must yield 2 points and sometimes it is a little too little. Also when trading in the direction of the trend. Does anyone have a suggestion why the trade in the cicel just didn't work properly? Maybe apply another indicator?

[old crow]

Morning

[radiant ermine]

You need also confirmation on higher TF

[sterile cosmos]

That market just wasn't moving for a long time before that signal, best to use context when deciding on whether a signal is valid.

[olive socket]

Ok, 5 or 15 minutes you think?

[olive socket]

Thats difficult. Need a kind of momentum indicator

[sterile cosmos]

no, you can just see it been stuck in a range for hours.

4 points is a tiny amount for ES over that time period

[radiant ermine]

When it comes to trading the S&P, there are two more important tips I'd like to share with you.

Firstly, it's generally recommended to exclude Fridays from your trading days. This is because market volatility tends to be lower on Fridays. However, keep in mind that there are occasions when we do experience significant volatility even on Fridays.

Secondly, I would suggest considering the trading hours when the US session begins. This is when larger players, such as banks, enter the market, leading to increased activity and movement. By aligning your trades with these hours, you can take advantage of the involvement of these major players and potentially benefit from market fluctuations.

I hope these tips prove helpful to you in your trading journey. Remember, trading requires patience and adaptability, and by carefully selecting your trading days and hours, you can enhance your chances of success.

Feel free to reach out if you have any further questions or need more guidance. Wishing you abundant success in your trading endeavors!

[zinc latch]

Good morning everyone

[old crow]

Lets get Friday NY session started and close this week out

For me, what the frst chart I pull up?

[sterile cosmos]

NQ

[radiant ermine]

Lets do ittt

[old crow]

Dollar Index, DXY - to see an overall bias for the currency world....

[sterile cosmos]

15m and 1hr are at odds on the Matrix

[old crow]

During Asian/Long, DXY heading higher, pulling back towards NY open

[radiant ermine]

i think we can get a good bounce out of it NQ at 14988.25

M15 OB

look at it carefully

overall trend bearissh

[old crow]

Then the 2nd chart I pull up, but not necessarily I am trading it, is the grand daddy of all pairs, EUR/USD

[sterile cosmos]

I see there is a POC there.

[old crow]

Here is the EU with potential entries during Asian/London

Higher TF 1H Matrix is the driving force

Matrix Turning Points

Then on lower TF 15m (or which ever TF you prefer), take your entry shots, watch the Matrix closely for those Turning Points.

[sterile cosmos]

The matrix is savage

[radiant ermine]

get ready good short scalp is about to come on NQ

[old crow]

Each trade may or maynot be 100% according to your rules, but you must have a reason to enter. After the trade, win or lose, you must be able to explain the resoning on "why" you entered for that win or loss. If it was a valid reasoning, then the loss is part of the game, and you did what you learned to do. But if there were no valid reasonings, then that was on you, you FOMO'd, you front ran the entry triggers, or you simply gambled.

Wanna look at other assets? suggestions?

[radiant ermine]

I wanted to share another important observation regarding the potential downward movement in the market. It appears that there is an additional reason for the market to go down, as sellers have a better opportunity to exit their positions.

As sellers take advantage of the current market conditions, they are able to sell their assets more efficiently, which can exert downward pressure on prices. This increased selling activity might contribute to a potential downward trend.

It's crucial to stay vigilant and closely monitor market dynamics, as these factors can significantly impact your trading decisions. By keeping an eye on the actions of sellers and their ability to exit their positions, you can better assess the overall market sentiment and adjust your strategies accordingly.

Remember, trading requires adaptability and the ability to react to changing market conditions. Keep analyzing the market trends, evaluating key factors, and adjusting your trading approach to navigate potential opportunities and risks.

If you have any questions or would like to discuss this further, please feel free to reach out. Wishing you all successful trades and profitable outcomes.

[old crow]

NQ 1H 15m

NQ 15m 5m

[radiant ermine]

Guys also please pay attention to the round number of 15000.00!!! It acts as a significant support and resistance zone.

Considering these price levels can provide valuable insights and enhance your trading strategies.

Let's continue learning and sharing our observations and experiences within our community.

Wishing you successful trades and profitable outcomes!

[old crow]

USD/CAD

[radiant ermine]

Like i told you guys have a great weekend thats all for today

If you're still in the NQ trade, make sure to keep an eye on the bounce level I provided! Enjoy and remember, always stay green.

Wishing you all the best, and may your trades be profitable!

[proper wing]

Good morning everyone: ES chart with today's level: Trade safe

[olive socket]

Ok Thanks. Do you like this plan with the 2 points?

[proper wing]

Happy Friday. I’m done with my daily profit target. If I see some good opportunities, will post it here. Will test some strategy

ES 4393 and 4384 level to watch for today

[old crow]

Have a good weekend !!!!!

[zinc latch]

@proper wing Good Friyeeeyyyyyy

[old crow]

AUD/CAD

Next turnng point down?

[little flint]

cad pairs your favourite now?

[old crow]

Im not sure yet..I still like ONLY watching EUR/USD, spreads are the best, its the big daddy

With my 10 pips TP, I need to watch the spreads. Other assets may look awesome, but what if their spreads are like 3-5 pips? Then my 10pips TP doesnt really make sense....I would rather look at another asset, versus increasing my TP to account for the larger spreads

so still thinking...

[zinc latch]

@old crow Thanks to your MATRIX settings im done for today, here's the proof

i will only watch the market now, relax time.....

[old crow]

NICE, and TOS

[sterile cosmos]

What are the settings?

[zinc latch]

@old crow i'm a TOS user, im moving to tradestation, what do you think ?

@sterile cosmos

[sterile cosmos]

Thanks my man

[sterile cosmos]

What TF are you using?

[zinc latch]

@sterile cosmos this are the setting that @old crow shared yesterday, thanks a lot Micky, remember when you come to Charlotte, NC let me know, drinks, foods, in on me man.....

[old crow]

I used to trade futures on TOS, way way before TV ever existed, and still have accts, and I ALWAYS have it open for the live CNBC feed which helps me during News release for the overall sentiment as it happens. I also have TradeStation acct integrated to TV, Yes to tradestation as you can trade on TV charts

[old crow]

Yes, Ill take you up on that, if I visit the TarHeel nation

[sterile cosmos]

What's your strategy? I'm getting cut up today

[old crow]

It was FOMC week, so dont beat yourself up if your strat worked inthe past, but cut up this week. FOMC does that to everyone

My personal strat revolves around the Matrix

I post my charts with notes almost everyday

[zinc latch]

@sterile cosmos wait for the white and green dots and go that direction, take profits at 10 pips, or 24 ticks for futures

[sterile cosmos]

I've abandoned my original strategy, worked great in May, disaster in June

[old crow]

here are a bunch of charts with my #💬hangout message

[sterile cosmos]

What time frame are you using? Makes a huge difference

[zinc latch]

@sterile cosmos like @old crow said yesterday, DO NOT TRY TO HIT THE HOME RUN, TRY TO TAKE SMALL PROFITS AT A TIME, i took 5 trades to get the $2,375, just wait for the DOTS signal

[old crow]

☝🏽

[tough meteor]

hello everyone, I'm using the luxalgo prica action indicator, how can I set the alarm for the area I marked here?

[sterile cosmos]

OK, this is a total departure from my previous strategy. You're only looking for 6 points on ES?

Are you waiting for the candle close to confirm the dot?

and, what's your stop?

[little flint]

work with the boxes i ticked

i ticked them to highlight where you need to put alerts

[zinc latch]

@sterile cosmos no matter what TF, it depend on every trader, im using 3min and 5min for S&P Emini 500 FUTURES (ES1 tradingview, /ES TOS), the signals at the 15MIN or above i used to trade OPTIONS with the S&P EMINI 500

[tough meteor]

just bullish ob and bearish ob alert?

[zinc latch]

YES

[sterile cosmos]

Sorry, I was thinking 6 point on NQ. 6 Points on ES sounds good on the 3m

[zinc latch]

yes, my STOP is 16 TICKS

[little flint]

i've not played with them but that's where you need to play and test

[sterile cosmos]

I'm just piuzzled where you got 6 points from today

[old crow]

For me and my heart and blood pressure, it is easier for me to "guess" a small TP like 10pips on forex. It is much harder for me to guess a 30-70 pip forex move. So I just scalp 1 or 2 times at 10pips, and im done......In forex, on any asset, price moves 5-10pips up and down everyday, every hour, every 15m etc etc. But it rarely moves 30-70 pips in one move, maybe once a day or a week? who knows. But I do know for a fact, it moves 5-10pips every single day, hour etc etc

[zinc latch]

@sterile cosmos im also use the signals & overlays indicator with the @old crow settings also, and the candle type is Heiken Ashi

[old crow]

[sterile cosmos]

OK, I'm going to switch to HA candles

3m

[old crow]

Remember audcad and potential turning point down?

[tough meteor]

BTC When short or long ?

[old crow]

got my 10

Matrix turning point down

[blissful marlin]

Hello all ^^

[old crow]

hey hey!

[old crow]

Are you in BTC?

BTC is tough

your call

🤷🏻‍♂️

I cant touch it, 1H is just going no where at these levels

[blissful marlin]

bro micky, do you have a good indicator where I am developing my autotrade software which triggers from indicators (Forex)
in the indicator it immediately tells the entry, TP and stop loss (no trailing) because my callback setup looks like this picture

[sterile cosmos]

This is what I'm talking about..... I have the signal to go short, it immediately reverses on me

[old crow]

I dont know much about bots, but what I do know is, the Matrix is a vast much, needed indicator for my templates

[old crow]

what TF is this? 1 minute

[sterile cosmos]

3m

today might just be an exception, 'cause it's so choppy....

[old crow]

This is much to low of a TF for futures, it can work of course, you have to be on top of your game with anything under 15m. You need to see what the higher TF shows and what the levels are near by

[sterile cosmos]

I'm just amazed that @zinc latch found 6 points from the matrix with a tight stop

[old crow]

let me take a look at the NQ on my chart, hold on

[zinc latch]

yes it will do that normally, try to find the entry on the pullback against you that better for you, i will 90+ go against you, the trick part is to wait for the pullback and go with trade.

[old crow]

heres the thing, the confluence zones on your 3m

[zinc latch]

@sterile cosmos sometimes im -$500 in a trade this morning and it then continues in my favor

[old crow]

and your trend catcher is green bullish

the 1H Matrix hyperwave is already at the oversold discount zones

DOnt blindly take the turning point entries without looking at other factors....

The 3m chart alone is enough to tell you to hold off, trend catcher

trend catcher on 3m, 5m, 15m are all green bullish

[sterile cosmos]

I'm switching to your chart @old crow

[zinc latch]

@sterile cosmos try this, 14 EMA CLOSE, buy when the price is around that EMA and enter the trade

[old crow]

cool, adjust it to fit you....

[sterile cosmos]

I don't think NQ suits my mental game either. I'll stick with ES

[old crow]

Maybe futures in general, have you looked at other assets like FX or stocks etc?

or the commodity futures?

[sterile cosmos]

I have looked at Oil, seems very volitile

[zinc latch]

@sterile cosmos NQ is for BIG POCKETS man

[old crow]

CORN futures

[proper wing]

NQ is too volatile, and it requires proper risk management, and discipline. ES is better option. You can also trade micro futures

[sterile cosmos]

I'm on Apex, so the list is pretty limited, no FX, only currency futures

[old crow]

COPPER futures

SOYBEAN futures

[sterile cosmos]

love your colour scheme

[zinc latch]

@sterile cosmos NQ is also for people who normally have automatic ALGOS buying and selling, those algos are very EXPENSIVE

[sterile cosmos]

They look very gentle

[torpid gyro]

If you are a scalper, you want that volatility!

[old crow]

Just learn the margin requirements during intraday session and extended electronic hours, and you should be good to go

you dont have to catch every signal set-up trigger

stop the addiction

just relax and think and just take a few a day

i take 1-2 a day

today I took one, on the aud/cad

im done

thats it

[proper wing]

True, but if someone is struggling with the trade, then they don't care about scalping.

what matters is to prevent drawdown

[sterile cosmos]

I meant that in a good way.

[old crow]

[zinc latch]

@sterile cosmos from red to purple color candles mean possible UPTREND and from purple to red color mean a clearly DOWNTRED, this is with Heiken Ashi candles, the same settings that @old crow sent yesterday

[sterile cosmos]

Thanks for the help lads.

[torpid gyro]

Drawdown is managed by using proper risk management. You can't "prevent" drawdown.

[old crow]

yup, it is expected

[zinc latch]

@old crow where can find information for how to make an STRATEGY using pinescript and luxalgo indicators

[old crow]

meaning creating auto bots? or manual trading strategy?

[zinc latch]

AUTO BOTS

[zinc latch]

BOTH

[old crow]

First you need to develop a good manual strategy, then see if you can turn it into an EA auto bot to have it auto execute into your brokerage accounts. You can start with creating a good strategy with LuxAlgo #🧠core-lessons and #📈must-watch . Then once you have a good one that you are consistent with, then you can look into 3rd party services that integrates the TV signals web hooks, into your brokerage accts, for this you would have to ask around others for help on this or go direct to these 3rd party services for instructions/help on this

[zinc latch]

@sterile cosmos if im in a trade winning $500 and it goes down to #300 i can close the trade if i see things that go against me...what matter at the end of the day is the money you keep in your pocket....

[sterile cosmos]

For sure, I think I have been doing so badly recently I just get into stupid situations.... and take losses to quickly. Just need to work these new rules and figure it out. I see people trading huge contracts for small moves, I know that I would fail at that.

[old crow]

Then trade small positions, for small moves

[sterile cosmos]

I feel that incorporating M/S into my trading is essentail, not just follow the signals

[zinc latch]

@sterile cosmos try a paper account and when you feel comfortable with the results then move to the micro Emini and then to the Emini

[sterile cosmos]

HA candles give better results on the Martix and the trend catcher

[zinc latch]

1️⃣

[old crow]

EUR/USD - Dollar Index DXY correlation to currency pairs

[proper wing]

And I said that earlier. pay attention 😂 : #💬hangout message

[abstract wedge]

Thank you for sharing this, what indicator settings, and stop loss do you use?

[abstract wedge]

Please what chart and candle settings do you use, I can't get my candles to look like this.🙂

[old crow]

disable the candle borders and change your wicks to neutral color for both up/don in chart settings

[old crow]

Anyone still trade Gold? Haven't read any chatter lately

[zinc latch]

i only trade EMINI 500 for now

[old crow]

Dont forget about the BTC Futures, it's another option for some of us........

[old crow]

Thats good, the big daddy ES, the main cheese, the king, the one and only

Thats why I lean towards the EUR/USD on the FX side

Big Daddy pair

[zinc latch]

how profitable is BTC1 ? how's the movements in pips, ticks, dollars ?

[tough goblet]

Got my 1st 10 on the AU then gave half of it back on EG. Broke my trading rules. I will learn soon.

[zinc latch]

OUT 4 LUNCH

[abstract wedge]

Thank you!. Also, please do you change the settings in the signals and matrix indicator or you just use the default settings?

[old crow]

It’s profitable as long as your profitable

[old crow]

Signal’s Overlays is just Auto Pilot short or mid term.

For Matrix

#💬hangout message

[old crow]

What you eating for lunch?

[tidal delta]

Crypto 🤣

[proper wing]

ES Chart with current level:

Lux is such a beast with Matrix Oscillator

[old crow]

Yeah, I think I would have to agree on this one

[radiant ermine]

Remember what I wrote to you this afternoon? "i think we can get a good bounce out of it NQ at 14988.25". Look at where the trade has ended up🚀🚀🚀🚀🚀

[proper wing]

Also Smart Trail trending down