💬hangout

[old crow]

Then you can dive into #🧠core-lessons to get down to specifics

YES, alot, so my advice, pick one strategy concept that resonates with you. Then build your Lux chart around this concept. No need to be fancy and clutter the chart, just build around your favorite strat concept...

then your off to the races!

[zinc vapor]

ok will do, real quick before i do so, what do you like best?

[old crow]

Do you like trending moving average type of charts? or do you like SMC ICT market structure type of charts? @zinc vapor

[zinc vapor]

smc ict all day

[old crow]

OK great, then you know SMC ICT has a million types of strategies for all kinds of scenarios. Just pick one simple concept you like. Example, maybe you like the FVG play. So take the FVG entry when price rebounds off of a higher TF and on the lower TF chart, wait for the structure to break in our direction, then wait for price to come back to a fvg to take that entry.

https://youtu.be/UNS3Hv36byI

https://youtu.be/Mvi2yO4jq3s

[zinc vapor]

cool thank you much!!

[old crow]

@zinc vapor and then when you get familiar with Lux and Price Action Concepts, start to build on top of this FVG, incorporate other PAC features.....

Then you get to dance with Lux

[zinc vapor]

lol amazing, question is, have you been dancing with algo?

[old crow]

oh, have I?

🤔

They call me simple minded 10 pip guy here

[zinc vapor]

ayyy thats what i like to hear, you must be the master of spreads then

[old crow]

naw, no master here, I just like to get in and get out as quickly as I can. The longer I stay in the ring, the higher the chances that I get my face smashed in

[zinc vapor]

fair enough

[old crow]

I love my Signals & Overlays simple template

Im a color trendy chart kind of trader

Sometime I do market structure, and ok at it, but my heart is with nice trendy color charts, LOL

[zinc vapor]

if it works it works, im going to try that cuz i have the same mindset pips wise. Ill just ahve to optimize the signals

[old crow]

Like this

My go-to chart

[zinc vapor]

perfect, simple and effective

[old crow]

So yes, I dance with Lux

[zinc vapor]

lol awesome, im liking the order blocks by luxalgo but i just need to get better at filtering out the good ones

[old crow]

I overlay a higher TF OB on my lower TF OB chart

[zinc vapor]

thats genius, im assuming they respect it more when you have multiple timeframes with same ob

[old crow]

Like this. Here is 1H chart, the yellow are 1H OB's, the Red and Green are the 4H OB's

I disbaled other features like FVG's equal H/L's to have it decluttered to show you an example

[zinc vapor]

i see how do you overlay, is that an option

[old crow]

You just add 2 sets of Price Action Concepts

[zinc vapor]

ohhh ok cool

well i gtg now, thank you for being so kind and helping me

[grizzled mesa]

Anyone has mastered it? I couldn't find a way to clone an alert for different symbols?

[old crow]

I do not believe TV allows this at the moment, to clone a set of alerts on one asset and move it to a different asset. Like saving an alert template and just changing the asset on that alert template. BUT, there is a BUT, rumors have it, there is a 3rd party service that actually does this. I forgot the name of it though, so we woud have to search and Google it somehow....

I could be wrong 🤷🏻‍♂️ and TV does have that ability now, but I do know that in the past, it was not possible....

[grizzled mesa]

thanks Micky. I'm also searching on google and if you remember the name plz share it

[old crow]

sure, if I come across it, ill tag you

I want to say it begins with the letter M

haha, I know, not much help

LOL

I dont think M, sorry, or N? no clue, dont remember

[grizzled mesa]

Thanks. I'll look for it...Lot of folks are asking for same feature for years but TV couldn't deliver it yet

[flat shale]

Price actions concepts Rock big time...

[peak prism]

Ended up all losses today first day trying the indicators out. Got plenty to learn, would love some tips or tricks you guys found helpful. I know the videos on YouTube. There is a ton. I'm digging through them, but more looking for personal things you learned while trading with these tools 🙂

[covert pagoda]

So your saying the fair value gap tool indicator is better overall for fvg then the price concepts? And one more should I be looking for fbg on rth or is pre market extended okay

And thank you for taking find

Cause fvg is an option on there too but do u see what I’m saying!

[young sand]

@covert pagoda has earned the Lux Level 1 role!

cheaply 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

[covert pagoda]

?

[old crow]

No, those individual Lux videos on specific concepts are examples on how to trade these conceptual ideas. The premium Price Action Concepts is optimized with additional features that are not available to the general public. You take the ideas in the videos to build your template. Let’s say you like 2 or 3 or more conceptual strategies from these videos, the Price Action Concepts will accommodate these concepts with additional features such as customized alerts or optimized sensitivity settings that the free public indicators would not have access to.

Hope this helps and makes sense

As an example, if you like the FVG video, you can use Price Action Concepts with the FVG feature, and enable market structure and order blocks as well, to round out your strategy. If you were to use the free FVG indicator, you would not have the ability to enable these other features of multi TF market structures and Order Blocks etc. And with Price Action Concepts, we now have the ability to use customized alerts with chart highlighting in “step” or “match.”

@covert pagoda

[covert pagoda]

Very helpful thank you!! 🙏🏼

@old crow

[hallow sundial]

Everything is possible. 😆

[young sand]

@hallow sundial has earned the Lux Level 1 role!

INDIAN gamer_lucky 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

[tribal egret]

morning all

[gritty kite]

Good morning

[tribal egret]

how are you

[steel thicket]

hey how can i make this gui bigger, its a little small

[young sand]

@steel thicket has earned the Lux Level 1 role!

defnotdeanny 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

[cyan skiff]

Oh Bank Nifty .

[hallow sundial]

Yes

[cyan skiff]

When did u start using Lux Indicator

[hallow sundial]

3days

[candid salmon]

Look for dashboard size in settings.

[cyan skiff]

I since a month

[hallow sundial]

R u profitable

[steel thicket]

where?

[steel thicket]

oh i was looking in chart settings

thanks

[cyan skiff]

Yes . Since started using Lux All in one Indicator. More relax now. Becoz of automated Order Blocks, BOS , CHOCH , smart Trail, Discount , Premium and equilibrium levels. Oscillatror matrix, Espically FVGs. Awesome. Now I am waiting for the Opportunity. Previously I was making loss. Now ok

[hallow sundial]

Bro

[gritty kite]

Good buddy. Ready to fight another day 🙂 How are you

[hallow sundial]

I am scalping and past 3 day no lose

Target 5k sl 5k

[cyan skiff]

Oh Good Same here. Scalping. Bank Nifty and Finnifty only

[hallow sundial]

Time fream 2 minutes

[tribal egret]

same. ready to end the week on a good note

[cyan skiff]

Which strategy are you using

[hallow sundial]

See last entry all in green 🍏 then entry top in exite

[cyan skiff]

Previous;y I was using 1 - 3 Mins. But the problem is of more signals.

U should use Smart Trail also/

[olive trellis]

@hallow sundial hello there

What is your win rate so far?

[hallow sundial]

100%

Because past 3 days never lose single trade

[olive trellis]

That's great, have you tried another asset with your strategy aswell?

[steel thicket]

did u change anything in the settings? also in the oscillator the straight green line, does it have to start for it to be a confirmation or can it just be green already

and how did u get a hull suite thingy in your oscillator

[hallow sundial]

Lux algo old oscillator combine

[lunar finch]

FVG works the best on large TFs ( hourly/daily/weekly/monthly ) but it needs to be combined with market structure, patterns, key levels of support and resistance. It helps filter out noise and short-term fluctuations

[steel thicket]

how do u add it into the same chart as the matrix oscillator

[hallow sundial]

Then pine scil. Set to A

[steel thicket]

whats the old oscillator called again? sorry

[hallow sundial]

Name see nd pin to z

[steel thicket]

like the name of the old oscillator

[hallow sundial]

See

Lagacy indicator name and do it favourite

[steel thicket]

oh thanks

[hallow sundial]

Welcome

[steel thicket]

yo thank you so much

[stable loom]

Hello People!

[steel thicket]

so that would mean this is a good signal?

[hallow sundial]

Yes

[steel thicket]

do u guys reckon it will keep going down and hit tp? in my educated guess yes but i just want to see you guys opinion

[hallow sundial]

Not valid signal

Because trand catcher is green

[steel thicket]

let me hear why

but it goes belond trend tracer right

[hallow sundial]

Smart trill i can't use

[steel thicket]

trill?

so if the trend catch was red

it would be perfect?

and one more thing

should i worry about this? my time frame im trading generally in the 15min time frame

[hallow sundial]

I am using 2 minutes and I am entering only everything is matching otherwise I can't trade

Yes 1 day max signale 3-5====only 3 pair
And my day target done 👍✅

[steel thicket]

answer^

[old crow]

Good morning ☀️

[olive trellis]

Good morning sirrr

[gritty kite]

Master Trader is in the house

[old crow]

Morning

[gritty kite]

Micky Sticky Fact will be posted after trading hours

[old crow]

No master here

[sterile cosmos]

🌅

[old crow]

What’s everyone chatting today? Any good gossip?

🤔

[sterile cosmos]

Looking at the chart, thinking about a direction.

Not that that ever makes a difference. 😄

Thinking up.... so everyone else go short.

[old crow]

That’s pretty much how that goes

Oh dang, just realized it’s Friday

[sterile cosmos]

Yea, Friday can either be awesome OR rough

[old crow]

Just like any other day, ha

[sterile cosmos]

Ha, yes, so true

This is summer, my first, seems like it's tougher than April/May

[old crow]

Your first summer? So your like 1 year old?

[sterile cosmos]

yea, I'm really advanced developmentally for my age.

[gritty kite]

Last summer was in Ireland

[old crow]

One of those smart kids

[sterile cosmos]

Probably was shit weather (I'm Irish, I know)

[gritty kite]

I'm looking for any Jim Cramer predictions 🙂 so I can go inverse. 🙂

[sterile cosmos]

https://www.cnbc.com/2023/07/13/stocks-rise-but-jim-cramer-cautions-investors-to-temper-enthusiasm-.html

[gritty kite]

There you have it guys. It is going to be bullish

[sterile cosmos]

yup

pre-market isn't looking promising so far. Setting up for a range. Hopefully it kicks off.

[gritty kite]

Buyers and Sellers are loading themselves

[old crow]

45 minutes until news

Dxy chopping a bit before hand

[sterile cosmos]

What is Prelim UoM Consumer Sentiment:

Why Traders Care
Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity;

Derived Via:
Survey of about 500 consumers which asks respondents to rate the relative level of current and future economic conditions;

[old crow]

Market overall wants this higher, ES Futures

EUR/USD ranging at these levels as well....

USD/JPY is a bit all over the place on the 15m

Hows crypto world doing?

[tough goblet]

https://tenor.com/view/blues-clues-steve-creepy-expecting-fingers-gif-7638085 Getting ready

[old crow]

https://tenor.com/view/blues-cluesand-you-blues-clues-gif-14902469

[gritty kite]

I'll open a bottle then!

[tough goblet]

Can't take my eyes off of UJ. It wants to break the 1hr and 15min OB.

[old crow]

15m UJ, with 1H OB's (red/green)

Whats everyone doing, toooooo quiet here

you folks are up to something

Let me in on the trade, I wanna piece too

[gritty kite]

Everything's ranging for now

[sterile cosmos]

My system has got me in long.

[old crow]

But are you in that long?

ES?

[sterile cosmos]

yes, I am

[gritty kite]

on the hourly DXY looks like it wants to go up

[sterile cosmos]

Trust the system. Always.

[gritty kite]

It has to break the SmartTrail though

[sterile cosmos]

I know nothing, am too emotional and will likely F it up, so always trust.

[gritty kite]

me too

[old crow]

haha

Trust the Turning Points

https://tenor.com/view/baby-yoda-grogu-mandalorian-the-gif-19442802

[sterile cosmos]

My only real job is to identify a ranging market. And, this one is looking like it might be.

Oh nuts, in my eagerness to trade I have overlooked my new pre-market 9 point rule.

Oh well. it all rides on this trade then, 'cause this needs to be my last.

[tender thistle]

whats that 9 point rule

[sterile cosmos]

if pre-market (including the first candle of the open) doesn't reach 8/9, then there's strong likelihood of ranging in the day - from my own stats.

[old crow]

I think you will get this. We cant fight the fact that the USD is bearish past few months, and the story behind that has not changed.

[sterile cosmos]

Given the last few weeks the market has been going straight up, there's no reason to fight the trend.

My stop is 4549.75, se we'll see.

$250 risk ($2500 on 10 accounts)

Happy with that.

Now, it's coffee time.

[old crow]

EU wants to bust through

3rd times a charm?

[sterile cosmos]

Likely so

[old crow]

YES coffee !!!!!

[tender thistle]

RIP

[old crow]

Got my 10p on UJ

Turning Point on the entry

[sterile cosmos]

Stopped

[old crow]

Catcher holds

[old crow]

News is tough to hold through, watch it go right back up

[fair knot]

Staying out for 30 mins after news

Anyone takes entries at the Choch+ signals ?

How’s it been working for you

I really love the reactions off the order blocks, closed 3%

[old crow]

Here was my read on the UJ at the time of Long Entry for 10 pips before news

[old crow]

Smart

[peak prism]

What is the 9 point rule?

[gritty kite]

Very straightforward. Love it

You didn't complicate anything

[sterile cosmos]

#💬hangout message

[sterile cosmos]

It's by no means a hard and fast rule, obviously. just a metric for me.

[old crow]

If you peel back all the noise, trust the catcher, get out when it flips back on you, safest exit rule for me when its touch and go

[sterile cosmos]

Catcher is what my strategy is based on, it's just amazing.

[old crow]

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

we need our liquidity

(joking)

[sterile cosmos]

Looks like it might be another repeat of yesterday, another slow up move.

for ES

OR range all day.

OR go down

[peak prism]

So you mean if from premarket to open candle (30 min before market open) doesn't reach 9 points in volume from high to low, you can be cautious of a ranging day?

Want to make sure I understand it correctly

[sterile cosmos]

yes, exactly.

[peak prism]

Perfect thank you for always helping with your strategy helps a lot to us newer people, not many wanna share their stuff in here it seems, so I appreciate you 🙏

Also FYI I'm on sells for SPX lol

Sitting at a 1:2 RR profit already

[proper wing]

GM everyone. Feeling a bit better today. ES chart with today's level:

[old crow]

HE's back!

https://tenor.com/view/dr-doctor-handsome-smile-smirk-gif-17022816

Doctors work is done

[old crow]

We all try to help here.....its a tough game, and it can be won.....

You in good hands here

[proper wing]

Let's go. Quick profit in 10 mins: Loving it, This is what happens when you are rested, and your brain works better:

[sterile cosmos]

Wow, very nice.

Are you on ES @proper wing ?

[peak prism]

Reason I was not looking for buys and only sells on SPX today and took the sell https://www.tradingview.com/x/aGWfKZiJ/

[proper wing]

I watch ES and play SPY option, and ES futures.

[peak prism]

right at a pivot line and top of channel, also on futures, you will see we are at the weekly gap fill

so many ocnfirmations for sells

[sterile cosmos]

I must go back through your posts, see how you're doing it.

[old crow]

Nice read!

[proper wing]

Watch market Internals, and see how other index are reacting, Very important.

[sterile cosmos]

Internals?

[old crow]

yes, INTERNALS!

[proper wing]

If you have taken 3 contracts based on my charts, and took off 1 contract at each level, you could have banked a good money

You can go through my post

[old crow]

Im in a risky EU trade, has not closed yet, missed it by a half a pip and chopping now, entered same time as my UJ winner. This might be the one that slaps me in the face, the "FRIDAY SLAP."

[peak prism]

yeah not pertaining to luxalgo for this trade but it was too beautiful, I am going to spend all weekend looking at luxalgo and trying to figure it out lol

[young sand]

@peak prism has earned the Lux Level 2 role!

budmoney 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 ;)

[tough goblet]

https://tenor.com/view/slap-face-gif-18202319

[sterile cosmos]

I understand that, but I guess the question is... long or short

[old crow]

OK I dropped SL at BE, oh well

dang dang!!!!!!

[proper wing]

Well, you can decide when you go through my chart, and see based on my levels, and chart if you would like to go long or short. It's pretty clear.

More profit on the way:

Loving it

[sterile cosmos]

Dang, I'm just watching.... Amazing work @proper wing

Too afraid to get in now

[old crow]

I couldnt do it on the EU, had to bail, missed 10 pips by a smidget, then flopping around, bar patterns not so hot, moved SL to 0.25 pips, closed

[proper wing]

@sterile cosmos Look at my today's chart, and see with the J_SUS zone which is red box, and watch my comment, and what do you think.

to go short or long

[old crow]

the "FRIDAY SLAP"

cant win the all

[sterile cosmos]

Well, If the red box holds, look for the upper targets, if price falls below, go short?

[proper wing]

Very important advice, don't be in FOMO, there will always be another chance.

Don't rush

[sterile cosmos]

i'm doing nothing, no entries.

[proper wing]

take your time, and read the levels, and with good risk management, and I think you do, take a trade, if it works in your favor, all good, if not then take stop loss

[gritty kite]

Give it a bit. It will go down

[peak prism]

just got silver bullet sell entry on SPX, got a lot more to go

[old crow]

I was in a EU long at same time as UJ long. This was risky as both these pairs in theory are NOT suppose to move in the same direction, DXY correlation. But with the news coming, I wanted to have a guarantee winner on one, and hopefully the news pop/chop will fill the other with luck. I love to play the news like this LOL

the FRIDAY SLAP

Now it goes in my direction, LOLLLLL

[sterile cosmos]

Friday.

[proper wing]

You need to see a good confirmation when it breaks down the red box or breaks up the red box. As you can see the buyers stepped in once it broke down the red box with big lower wick. If the candle was a brearish candle with nice volume, then that's a good confirmation to go short, but you could have scalped for quick 5 points once it breaks down the box.

[sterile cosmos]

@proper wing What classifies as a breakdown of the redbox? Is it a candle close below maybe?

[proper wing]

Look at my chart, and see my previous comment

[sterile cosmos]

So at what level did you start shorting?

[fair knot]

So just to clarify in the video, the choch signals are entries right ? Cause three times now I took it and waited for to reach tp at order block and all three times worked 👀

[old crow]

FRIDAY SLAP

https://tenor.com/view/slap-aṟaintu-viṭu-tamil-gif-12164718991427630179

[sterile cosmos]

How are you getting that @proper wing level, or is that proprietary information?

[old crow]

we dont speak of J_Sus Zone, its given to us, and we go. We dont speak of it, or ask questions...

hahahahahahaha

😹

[sterile cosmos]

https://tenor.com/view/greater-good-gif-24234628

[proper wing]

Through my brain. Lol.

[sterile cosmos]

👍

[torpid gyro]

I have never traded the Silver Bullet strat but I would like to learn. Which indicator are you using? Lux? Also, id there a favorite YouTube channel you like for more information? Thanks in advance!

[proper wing]

This is called PAC

[sterile cosmos]

Today, I'm going to work on another strategy to deal with these markets, still loads of people making bank and I have had 4 days this week of no trades.

[proper wing]

I would suggest to go to your chart at HTF and mark your level according to my chart. Then use LTF and see how price is reacting at those levels. You will understand what I’m saying

[lunar finch]

agreed

[proper wing]

But you also need to understand the market internals which is very important. May be this is your weekend homework

[sterile cosmos]

https://www.youtube.com/watch?v=00lFRV2Okms

It has begun

Why wait till the weekend! 😉

[old crow]

the TIC

advances and declines

this is where TOS is great

vix

etc

[fair knot]

Love Lux

Running

[old crow]

oh YOU DO, dont you?

hahahaha

YES, I think I would AGREE with you!

[fair knot]

$800 smackas! About to hop out and call it a day

[old crow]

Look at me, I did 2 trades at same time, so stupid, but playing with house money. and won one, and Lux saved my a** and BE on the 2nd

[old crow]

https://tenor.com/view/boom-gif-20646855

[tender thistle]

how are you trading

[fair knot]

But tbh I’m sort of going against my main Strategy, I’ve been following the video and taking them at the choch, small pull back and let it run to ob. Watching for bos as continuation, 1 to 3

But hey it’s working 😁

[tender thistle]

what video?

[fair knot]

I’m out

I’ll send in a moment

[tender thistle]

thanks!

[sterile cosmos]

Are you using this @proper wing

[fair knot]

https://youtu.be/WuEaLfeiz20

https://youtu.be/bPAxYQhCuk0

[tender thistle]

that choch+ on 1h EURUSD would have been 330 pips so far

[fair knot]

Then some videos of few other users were reviewing it and many mention to use the choch as entries
Compared to my personal, following this lux algo strategy allows me to get in earlier

[fair knot]

Crazy

[tender thistle]

and the last short choch+ 100 pips

might be on to something

so you're entering on the choch+, not waiting for the order block retest, and exit on next block?

[proper wing]

Yes, this is one of the internals, one for NYSE, and another one for NASDAQ

sorry was away from my desk.

[fair knot]

Sometimes it don’t pull completely to order block so I just want for pull back candle then I’m in, stop at the last low or high

[fair knot]

took these all at the choch, the line running through them all is just basic Ema

[proper wing]

One of very important suggestion, this is what I do. When you make a profit or loss, get up from your desk, and go for a walk or do something, and come back and look at the charts with fresh set of eyes.

You will see the difference

Don't keep staring at the charts all the time

[old crow]

OH BOY, I have a problem

I have issues

https://tenor.com/view/dave-chappelle-need-gif-21451408

[gritty kite]

Do tell

🙂

[proper wing]

Try it

[old crow]

I have the new Apple Vision Pro and have and watch my Lux charts on it, everywhere I go @thin trail

[thin trail]

😂😂😂

[thin trail]

next level

[old crow]

You joke, watch me get this and put my screen on it...

in 3D

[candid sparrow]

I love LuxAlgo and BookMap Globe+. I am a subscriber rest of my life

[old crow]

YES!!!!!!

[covert pagoda]

Which indicator is that line that changes color?

[gritty kite]

If I buy it at that price my first vision will be of my family leaving me

[candid sparrow]

LuxAlgo needs to make shirts. Do you know how many of us would buy those?

I'd buy like 5 of them

Different shirt logo of LuxAlgo

The logo is cool enough to make shirts with

[old crow]

HAHAHAHAHA

Thats insane $4k with taxes

[proper wing]

Choopy PAC

[old crow]

and you know you would have to buy the case and all the aother accessories

[gritty kite]

They market their products well

[peak prism]

I Sussed the sus zone, I'm sorry. I am in sells still

Weekly gap fill on futures along with top of a channel hit and reaction off that both lined up perfect, I just got to be in sells

[steel thicket]

guys

i have 70usd in my portfolio

how much do u reclon i put on margin per trade

how much should i tp?

how much should i sl?

im a scalp trader as well

🤔

uhh

[peak prism]

I'd say go get more money, I won't trade with less than 1k, I'd suggest demo

[steel thicket]

well yeah 1k is alot off money

i cant afford to lose that much if i do

[wraith cedar]

Hi guys

[peak prism]

I'd suggest getting more income streams then personally and trade a demo only

[fair knot]

use prop

[peak prism]

Don't focus on investments until you got money. Trading is a investment IMO. Investments take money to make money, I trade roughly 550k currently. Granted 500k is prop firm money, but the other bit is mine.

Most skip demo accounts, but you can't have a emotional attachment to money if you want to win in trading, go to demo and get money up, you will be way over leveraged with small accounts

[old crow]

Also with FX, you can trade a small fraction of a lot, and use real money , but the small lot wouldnt hurt you, might be huge loss of $0.25 if small lot versus $500 on a full size, this way you still have the real money emotions, but really didnt lose any significant amount of money

[proper wing]

Boom. Done for the day:

Trade safe everyone.

No need to trade all day

[steel thicket]

i have done alot of paper trading in the past

[old crow]

LOOK at you

hahahahaha

[steel thicket]

what was your margin

[old crow]

London closed its doors, now its time for New York to shine on its own !!!!!!!!!!!!!!

ok this hurts my eyes, ill delete

sorry

LOL

[steel thicket]

flash bomb

[old crow]

ok deleted

sorry again

LOL

[steel thicket]

?

[fair knot]

sheeesh

[old crow]

In FX we can choose the size of the lot (contract size) that we can trade

[steel thicket]

cant you do that in anything though

[old crow]

Yeah, I don’t think other assets you can do that, I don’t think 🤔

[steel thicket]

i dont trade forec

[old crow]

What do you trade mostly? Futures?

[finite bear]

0.01

I see you don't trade Forex

[steel thicket]

the ones that go like

COMPUSDT.P perpetual tether usdt MEXC

[proper wing]

Are you talking about the future margin? I trade SPY option or ES futures. For future, i use Nijatrader which has low margin requirement for daily, and for option I use E-trade. Etrade has high margin requirement for Future

[old crow]

gotcha, pretty much like futures

perpetual

[proper wing]

Another way to trade for quick profit

[cyan skiff]

New video regarding the new version of PAC is now on Youtube. Wow. Thank you Lux team

[thin trail]

you are welcome 🙂 @cyan skiff

[old crow]

Lets see if ES can break below this 1H OB on the 15m chart

The 15m Breaker Block held up

Lets see if it holds on the 2nd attempt at the 1H Bullish OB

Tough

[torpid gyro]

Did you make any setting adjustments to the Matrix? Money Flow or Hyper Flow length?

[stable loom]

How do you add the green and red ribbon on the oscilator?

[proper wing]

I keep it at default. I believe that's what the most optimized setting.

[stable loom]

@hallow sundial can't find the ribbon

[young sand]

@stable loom has earned the Lux Level 1 role!

0xm4xv 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

[hallow sundial]

Lux algo

Old oscillator

Combined

Lagacy indicator

[old crow]

For BTC and crypto, something to keep an eye on over the weekend. MAJOR 4H OB below.

The line in the sand, maybe?

🤷🏻‍♂️

[sterile cosmos]

OK, @proper wing I've been doing some research. Based on this chart, I believe that looking for shorts is the prudent decision... would I be right!?

This would likely support that idea

[old crow]

#1128499789437354106 TAKE A LOOK my friends !!!!!!!!

[thin trail]

@everyone ^ Check out our new #1128499789437354106 channel we are building 😉

You all are allowed to share your own strategies, however, please be aware of the Post Guidelines. Enjoy!

[sterile cosmos]

Great timing

[stable loom]

Do you know the name?

[tender thistle]

ohhh sh*ettttt!!!

[hallow sundial]

Yes

[old crow]

[stable loom]

What is it?

[old crow]

#1128499789437354106

In time, there will be other strategies posted

☝🏽

[stable loom]

for the ribbon on the oscillator?

[old crow]

Oh, im not sure if we are chatting about the same thing, sorry

Did you have a question on the Matrix itself? or wanting a Matrix strat?

[stable loom]

Mr. IndianGamer has a ribbon added to the oscillator, i was wondering which indicator it was

[old crow]

let me see what he added, sounds like the Ulti Stochastics

[stable loom]

If you check just a few post above, you can click on the forwarded messages. Just got access yesterday, trying to set things up

[stable loom]

Thank you!

[stable loom]

Looks like this one, its the ulti stoch?

[old crow]

YES

[old crow]

https://www.tradingview.com/script/HYEQXNrA-LuxAlgo-Legacy-Oscillators-v5/

[stable loom]

Thanks Sir!

[old crow]

Click this page, scroll down, add to favorites

create new chart and go to favorites to add to chart

Then you can swicth the settings to show the Ulti Stoch, then drag and drop the indi, onto the Matrix panel

or click "..." and move to existing panel

[stable loom]

That is awesome, thank you for the help!

[old crow]

hey no problem......

[solar helm]

Hello guys i need help . how can i get answer from lux algo support center????

[thin trail]

contact on https://luxalgo.com or email [e-mail]

[hallow sundial]

See ult sch. And. Two in one and more confirmation because I am scalper every trade moment capture entry then exite 1-2 minutes next.

Luxalgo legacy oscillator.

[old crow]

The reason for todays Friday Slap

DXY just hanging around at these levels

EU

ES futures

BTC

[proper wing]

My all 3 downside target achieved once it broke the red box

[proper wing]

You may have to look at TICK divergence

[latent turtle]

Silver bullet do your thing babyyyyyyy

Update

Update #2

[olive trellis]

Do post your feedback here after post-testing the multi-ocillator startegy

[latent turtle]

Sold spy…was a loss that I didn’t see recovering but SNOW making up for it all

Still hopeful that AAPL & JPM are just going for the retest before shooting up

Update #3

Sold SNOW for a 100% return and sold AAPL for a loss….I was right about JPM going for that retest

Final update

Sold JPM for a $1 gain have to go take care of something and couldn’t watch it anymore

Overall solid trading day

[old crow]

This is awesome!!!!

Heading into final power hour of NY, the Friday Slap Hour

[sterile cosmos]

Went on tilt today, very dissapointed in myself, going to take some time over the weekend to reflect. Such poor behaviour, very dissapointed.

[tribal egret]

it happens to the best of us. i still have so much to learn. i look forward to the weekends when the market is closed and i can study

[fair knot]

nothing but a lesson my friend, we coming back next week even stronger and more disciplined 🔥

[old crow]

Its tough, when price gets stuck in a small tight range, at that movement in time, myself included, we tend to forget the big picture and the sentiment as a whole. But the fact remains, you and I know what happened, and we know why we should or should not have made the entries. As long as we know "why," then we are light speeds ahead of the game!

[sterile cosmos]

Not my strategy and claw back early loss = greed.

[old crow]

It si still a WIN for you and us, because we know "why"

[old crow]

yup, you know "why."

thats what counts

we learn and move on

[sterile cosmos]

Oh, look, ES just hit my short target. 🤣

I'm such a plank.

[proper wing]

Wow Market in Turmoil. NVDA was such a nice short set up:

[old crow]

just like me today, took 2 trades in same direction, but I know and should had KNOWN, that these assest are inverse with each other, but nooooooo, the gambler in me took over, LOLLLLLLLL

[old crow]

YOUR BACK!

[sterile cosmos]

I saw that, you knew at the time too.

[old crow]

thats was quick

[proper wing]

we may see 4525 if 4534 do not hold

[latent turtle]

Check this out @old crow

Last silver bullet play of the day…almost another 100% gainer

[sterile cosmos]

No I wasn't in a trade, I had shorted at 4547 but was taken out the SL by a point, then went to 4533.

[candid salmon]

Win, lose or break even, we have to treat all trades the same and learn from them.

[proper wing]

What a day today. Market is so tempting. No more trading. I am clsoing my chart and computer. Hit and run, and enjoy the weekend with a nice glass of wine and beer. Have a nice day everyone. Play safe

Final chart of the day:

Good luck everyone. Trade safe

See you on Monday

[old crow]

50 more minutes until final bell

[nocturne wolf]

what are those triangles from?

[old crow]

LOLLLLLL

[sterile cosmos]

Does J_SUS use PAC do anyone know?

[old crow]

we do know he uses MATRIX

[obsidian copper]

who knows when this backtester indicator will come out? Why is it taking so long 😂

[old crow]

rumor has it, maybe later this year or so

[obsidian copper]

Well that sucks doesnt it?

no way to test fast if a strategy works or not

[old crow]

Look at it this way, its still in beta and they are ironing out the kinks, once it is fully released out of beta, YOU will have the opportunity to gain access for something special

[obsidian copper]

strategy i shared last week is up 4%

[old crow]

wow, thats incredible !

Have you thought about posting the strat in #1128499789437354106 ?

[obsidian copper]

i mean it's not really a pro strat very basic principles. I'd like to future test it more and see if it's consistent

[old crow]

OK cool, hope it works out....

[latent turtle]

Thinking about posting my strategy there but I’m not sure yet

[tranquil kiln]

@sterile cosmos What is your strategy with the indicators on this chart?

[old crow]

Thats it, CLOSING BELL NY

Have a GOOD weekend everyone, ill be around

[pseudo crow]

Have the same Micky

[past needle]

You too!

[clear gazelle]

good weekend from Lithuania from a Finn, hope ya'll made some good profit❤️

[old crow]

I finnaly know someone from Lithuania !!!!!!!

[sterile cosmos]

I don't have one with that chart type. I use the signals and overlays

[clear gazelle]

i'm not from lithuania i'm from Finland😂 just visiting, i wonder if anyone is from there

[obsidian copper]

does anyone know how to get the tradingview charts to go further than it lets you? On the 5 minute i can only go back to november last year

[old crow]

Your the 1st I know that is visiting Lithuania

[old crow]

I believe its the TV plan to have access to the amount of past data

[obsidian copper]

im on pro plus. they are so greedy 😂

[little flint]

take time off ffs

[old crow]

https://tenor.com/view/dancing-asian-gif-11733795

[warm blaze]

Just playing around with the new custom alerts on PAC which is incredible. Is there a way to do steps for the same trigger? E.g. i'm really keen to see step 1 bullish choch step 2 bullish bos

[fair knot]

caught that last push

[old crow]

OHHHHH thats a nice one!

[fair knot]

im conflicted because ive been backtesting that choch for hours now and it hits so well as entries on the 1 min, but for like 2 1/2 years ive been using a strategy that does earn me good with good risk management, but the lux strategy is so good 😩 and you know how youre not supposed to be switching strategies too much

maybe i should evolve

[marble zinc]

how can i change on tradingview which is connected with binance my margin?

[past needle]

How do you do the CHoCH strategy?

[fair knot]

https://youtu.be/k_uG-0EEHZE

[past needle]

Thank you.

[fair knot]

i dont really use the smart trail though, just price action. I would normally take the entry after its breaking a ema 20 after it comes out of order block, but with this method of lux i get in earlier

even just taking them at the choch signal works pretty good.

[past needle]

I watched the video, I'll probably use it next to the ICT strategy.

[gritty kite]

All right. Now it is time for Micky Sticky Fact

[sterile cosmos]

whoooo

[gritty kite]

" Micky Sticky Fact #9 "

Legend has it that @old crow s piss brought a dead plant alive. These days it is sold as Redbull !!

I hope you all had a good day

[old crow]

OMG hahahahaha

[marble zinc]

do someone know how to change cross marging over tradingview?

[gritty kite]

It's been a choppy day. I was short on EU but was stopped out.

[marble zinc]

or do i neeed set cross margin via binance and then trade over tradingview?

[old crow]

I believe if you integrated your Binance account into TV, you set that on the Binance side

[mystic granite]

The new alert mode lux algo just put out is perfect for your the Choch + fvg strategy….. this week was overall a good week for the stock market with today exemption. The strategy worked but when moment to sell come I didn’t sell due to the week dollar (the dollar lost like 7% in one week against my Swedish kronor) …. So I decided not to sell (I would earn little on some stocks and break even on others …. Some even lose a little). Today of course all of them fall down. In this case what’s your opinion sell anyway earning nothing or go longer hoping the up trend continues and dollar goes back to his standard?

[marble zinc]

ah okey, i just buy from trading view and set marging per binance

[old crow]

I can never tell anyone to not break even and have cash on sidelines. Better safe than sorry

[mystic granite]

I guess you are right …. Another lesson to learn

Anyone from this side of the world here (Sweden)…. Do you know any safe secure broker to trade Crypto, forex etc? I ve been reading about scammers around so would love go safe.

[old crow]

Yeah, given the choice, it is very hard for me to advise another person to go for the trade, versus break even and being safe....

[mystic granite]

Anyone from this side of the world here (Sweden)…. Do you know any safe secure broker to trade Crypto, forex etc? I ve been reading about scammers around so would love go safe.

[old crow]

@sterile cosmos Nice work on your strat https://discord.com/channels/641770286638694402/1129538467253207232

[sterile cosmos]

Cheers Micky, hoping someone might offer some improvements to it.

[tribal egret]

hope everyone has a great weekend... looking forward to get some more studying in to get better!

[old crow]

Have good and safe weekend as well!

[naive blade]

nothing to be afraid of

we dont bite, well, Micky does but its a love nip

[tribal egret]

lol

[past needle]

This is my favorite one so far!

[carmine owl]

I am trying to set up triggers for alerts and want to get an alert when the candle closes to make sure it doesn't repaint. Does anyone know which one to choose?

[young sand]

@carmine owl has earned the Lux Level 1 role!

breadburger3344 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

[carmine owl]

ok nvm I assuming it's "once per bar close" lol

[steel thicket]

yeah but on trading view its located in the crypto section

[old crow]

that is true

[flat shale]

how come when i tick smart trail i get a blue screen

[old crow]

What instrument? It maybe the blue is actually the smart trail but your chart is too zoomed in?

Create new chart see if that helps

[sterile cosmos]

Micky sticky fact: he never sleeps. 😆

[steel thicket]

what makes it so sticky

[sterile cosmos]

I've no idea, you'd have to ask @gritty kite

[steel thicket]

guys i have question

how do you find the best future/crypto to trade

like are you going to manually check all of them if it is volatile or not?

cuz i have like 30 markets on my watchlist

[sterile cosmos]

Pick 1 and focus on that

[steel thicket]

alright how do i pick 1

[gritty kite]

Love this.
@old crow never sleeps. He lies in wait 🎯

[steel thicket]

also anotjer thing

alerts

in lux algo signals ans overlays

theres an alerts section

how do they alert

like

does it like send a notif to my phone (i highly doubt)

like it shows with a little arrow or something

and also how will i know if a signal comes out

because as i am checking my 30 markets

i go into some

and realise i have missed many signals

(good signals)

[young sand]

@steel thicket has earned the Lux Level 2 role!

defnotdeanny 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 ;)

[sterile cosmos]

He's the 10 pip monster

https://tenor.com/view/monster-look-up-smile-ugly-gif-15463015

[old crow]

OHMYGOD

Hahahaha

[old crow]

Yes, the TV alerts can be sent to your mobile, just make sure your Mobile settings is allowing the alerts to be turned on for notifications

[steel thicket]

wait actually?

[naive blade]

https://tenor.com/view/goonies-chocolate-sloth-movies-old-movies-gif-13940179

[steel thicket]

it says tp and sl but how will it know what sl and to i have

[toxic ore]

do yall have any tips on passing a funded challenge

[stable loom]

[tribal egret]

take your time, dont rush it and try to do it all in one trade. know your limits, and know when to cut losing plays. managing your losers will make or break you when it comes to funded challenges and in the trading world in general

[steel thicket]

which market will it give me signals to because like doesnt that setting affevt like all markets?

[old crow]

You are creating one alert for that one chart for that one instrument so if you want to get alerted on 30 instruments, then you would have to create 29 additional sets of alerts

[steel thicket]

what was your margin?

[steel thicket]

but doesnt the indicator save across other charts?

like if u toggled tje alert

[old crow]

Sure, if you open this template for 29 other assets, but you still need to go into each one and adjust your TP SL’s if you want. Someone can correct me if I’m wrong, but that is the way I view this to work. Each chart is its own separate alert for that particular set of settings

So you are wanting to create your own scanner I believe?

[steel thicket]

opened in 29 other assests? so even if i just open the chart with it on its just gonma give me the alerts as well?

how do i turn it off for all the 29 than if i open a chart on accodent

do i just turn them all off

and then go to a chart i want the signals on in

and turn it on?

[old crow]

treat each chart separately....

[steel thicket]

i have it on one chart lets see if it works

[steel thicket]

i have to turn it off for each chart?

if i turn it off in one chart the next chart i go to it will be off as well

[old crow]

on the right hand side of TV platform, there is the alert clock icon, turn them off there

[steel thicket]

no alert?

even though i enable all of this

[old crow]

next step, you have to create alert now

[steel thicket]

uh huh

[old crow]

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

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/custom-alert

[steel thicket]

okay i did it

[old crow]

ok now you do this for any other assets on other TF charts separately. Then all the alerts you created will be listed on the right side TV, click the clock alert icon to see the list and you can pause, edit and turn on from there..

[past needle]

@old crow Is the ICT strategy your main strat?

(Sorry for the ping)

[old crow]

Signals/Overlays is my go-to template

[past needle]

Oh, I thought you didn't use the signals and overlays, but I guess I'm wrong.

[old crow]

Correct, I do not enable the signals, but use the template, as I analyze on my own

[old crow]

#💬hangout message

example

[past needle]

Nice. I should start doing that as well. At least take a course on it or something. I was thinking of joining The Inner Circle Trader's paid course but I don't know if that'll teach me how to do that.

[steel thicket]

thanks

[old crow]

#💬hangout message here was this morning charts I posted on a few assets before NY open

[past needle]

Oh, I see, you have the trend catcher on and the other one (I forget what it's called) and it acts like a MACD. Correct?

[old crow]

The Matrix, yes this is my template

[past needle]

Nice, I will try it out for myself.

Thank you!

[old crow]

No problem. Occasionally I will take a trade on the PAC template if I see a juicy set-up...

[past needle]

Gotcha.

Makes more sense now.

[old crow]

such as, if price was near key levels, like on a 15m chart, price bouncing off of a 15m OB, which is the same area of a 1H or 4H OB, then yeah, GAME ON

https://tenor.com/view/playing-poker-fabolous-ty-dolla-sign-myfabolouslife-ooh-yea-song-gif-21043224

[past needle]

I can't do that analysis but I wish I could.

[old crow]

moving all the chips to the center of table

[past needle]

All in on black!

[old crow]

To be honest, I have never watched an entire ICT video. I have learned to trade a few market structure concepts from Lux short videos and reading a few Lux write-ups on each of the Lux TV indicator page

Honest, all from LUX short videos, as each of those videos explains how to trade ONE specific ICT concept.

I do not know how to trade the entire library of ICT concepts that he teaches, nor do I care to, that is too much. I just pick 1 or 2 concepts I like, and then thats it, those are the setups I ONLY look for.

[past needle]

I can see that. It definitely makes your head spin.

[old crow]

This is the most basic concept that is out there on the internet.

I look for this set-up. Thats it.

[past needle]

That's the one I use.

It has such a high win rate.

[old crow]

There are different variations as well, like the breaker blocks etc, but it all stems from this

[past needle]

When I first saw it, I thought it was whenever you saw a CHoCH and an order block right next to each other but it was completely different.

[old crow]

By all means, I am NO expert at SMC or ICT, far from it, but I can learn just ONE concept on my own and just implement it and improve on it....

[peak prism]

So your pretty much wanting to see the money flow turn from bearish to bullish and print a reversal signal around the same time and see the candle coloring change from bearish to neutral or bullish correct?

[old crow]

Example, the Lux write-ups on the BreakerBlock free indicator page on TV is very detailed and teaches you how and what to look for in that set-up

https://www.tradingview.com/script/piIbWMpY-Order-Blocks-Breaker-Blocks-LuxAlgo/

[past needle]

Thanks.

[old crow]

https://www.tradingview.com/script/1owp3WD0-Breaker-Blocks-with-Signals-LuxAlgo/

Did I watch a BreakerBlock video from a 1-2 hour long ICT video? Heck no, I learned from Lux short form videos and the TV indicator write-ups

[past needle]

I learned it just now by reading one sentence.

Thanks. I didn't know it was so simple.

[old crow]

NICE

[past needle]

This is all you need in your favorites section lmao

[old crow]

Mad respect to Mr. ICT for putting his stuff out there. One day, when I have time, I will go through his yearly courses

[past needle]

For real! If I had this ATM strategy, I would probably never tell a soul.

[old crow]

Have you look at this strat #1129451944428175390 message

[past needle]

I have, it's pretty neat.

[naive blade]

slaps hard af

https://tenor.com/view/waka-flocka-brick-squad-nba-bricking-gif-13566444

[old crow]

[old crow]

https://tenor.com/view/simon-cowell-bgt-britains-got-talent-stay-away-possessed-gif-16410173

[tender thistle]

I Can't find it

[old crow]

I dont think we can have 2 structure formations as its own Step1 and Step2. But what about this, if looking for longs, Step1 Bullish OB, and Step2 Bullish BOS. This might work for you, maybe? @candid salmon 🤷🏻‍♂️

[warm blaze]

Interesting thought, i'll have a look into it. Appreciate you!

[candid salmon]

That's a thought 💭 i did post feedback earlier after having read this discussion about the need for a second market structure step - one is simply not enough. I will look into OB + BOS, though it might be easier and faster to just go for FVG entry instead. Krisse in lifetime lobby suggested an alert for FVG entry which would be extremely useful!

Anything that will lessen our time on the charts and make our trading process mechanical will be a big help.

[candid salmon]

You can find that in legacy indicators: #👴legacy-indicators message

[old crow]

Lesson the time? I want to increase my time on the charts from 18 hours to at least 21 hours 🤣

[candid salmon]

It’s your social media time that worries me 🤣🤣🤣 ✌️

[dense badge]

hi guys, good morning i am having trouble with alerts in tv. i have this: {{ticker}}: | timeframe= : {{interval}} | Bullish+: {{plot("Bullish+")}} | Bearish+ : {{plot("Take Profit 1")}} | Stop Loss 1: {{plot("Stop Loss 1")}} i need if it is posible, instead de "1" just say long or short and to appear the time frame. thanks in advance for your help

[candid salmon]

I don't think there is any way to do any calculations or substitutions in the alert to get long or short instead of 1 for bullish/bearish. You would have to create separate alerts for each firing when the event for bullish+ or bearish+ fires instead. For timeframe, {{interval}} is correct.

[dense badge]

thanks

[tender thistle]

Ty

[warm blaze]

If we manage to get a second market structure step the last piece of the puzzle is being able to see bullish/bearish on the same alert and then we have everything we could ever dream of!

[tribal egret]

morning all

[candid salmon]

It's funny how with each new release the community still wants more 🤣 it must because our dreams level up with every accomplishment 😁

[sterile cosmos]

Ok ladies, anyone got a lead on some good PAC strategies?

Looking to level up over the weekend

[old crow]

Incorporate the BreakerBlock set-up into your strat?

[tranquil kiln]

I was thinking that. I was just reviewing the breaker block link. Robin your strat is awesome.

[old crow]

If price breaks an OB against your strats trend, and comes back and re-tests the BreakerBlock into your strat directional trend, then to the MOON! @sterile cosmos

[old crow]

Yes, the breakerblock is one of my favs

That in itself is a solid stand alone strat

[tranquil kiln]

What timeframe you use for that strat? I trade futures

[old crow]

Remember, we dont have to re-invent the wheel...

[old crow]

This is up to you really. If you traditionally like 5m on ES, then thats the TF I would look for BB's

[tranquil kiln]

Ok. Thank you. I prefer the 3 min. I’m def going to test the comb out today

[sterile cosmos]

I'm looking to have a strategy for when mine is not going to work, so I need to use a different method all together.

[sterile cosmos]

What is this voodoo you speak of?

[warm blaze]

I know right haha never happy, even if i had my full wishlist i'm sure i'd find something to moan about i'm British afterall 😂

[old crow]

Agree, thats why when a trend strat, like my simple HA Signals/Overlays dont look good, I'll flip to my PAC template to scalp off of some levels...

[sterile cosmos]

If I can find a good PAC strategy, then add the POC's I think I'll have something powerful

[old crow]

Im just looking for a higher TF OB to be overlayed on a lower TF OB, then stand back, there's going to be some fireworks....

[sterile cosmos]

do you find OB good for ES?

[candid sparrow]

@old crow why?

[tranquil kiln]

Are there special settings in the indicator for this setup template?

[sterile cosmos]

easily done my friend

[candid sparrow]

What does that indicate?

[old crow]

I think so, for me, ES respects the key levels and fibs much more tha FX, Many great measured moves on ES

[sterile cosmos]

I don't see how they were useful yesterday

[candid salmon]

When the price action is aggressive, the OBs aren't really hit. FVGs can instead be used as an entry 🤔

[sterile cosmos]

FVG's were good yesterday, but... let's say you are thinking about trading off those, what is the entry criteria?

[candid salmon]

That first pullback seems like a breaker block entry though if I am not mistaken.

[sterile cosmos]

Let's say this one

[candid salmon]

Wait for price to slow down and show signs of reversal. Entry won't be on top of first pullback but second just below the next OB.

[sterile cosmos]

would appreciate your input too on this @old crow

[sterile cosmos]

but what's your entry price and stop level?

you don't know where it is going to stop going up

[candid salmon]

Stop can be at swing high.

[old crow]

You may think they are not usefull, but have a different mindset, maybe because the set-up is not there yet for thes multi TF OB, maybe we needed to wait for it, and price never reached these key levels for the prime set up? have a look at this chart.....

15m TF, with 1H and 4H OB's

[sterile cosmos]

what about the entry

[sterile cosmos]

I can see that they are price magnets al right

[sterile cosmos]

intraday, the POCs are excellent

[sterile cosmos]

i like this

[old crow]

That is why there were no real plays yesterday on the 15m, the set up was not prime yet

[sterile cosmos]

but arguably that is a planning chart, not an execution one?

[old crow]

You cant execute if its not there, you cant force a trade for the sake of taking a trade

there are days that I dont trade because there was nothing good for me

[sterile cosmos]

I can, did it all day yesterday... 😂

[steel thicket]

whats the best time to trade if i am in the AEST time zone

[old crow]

sure, if you see setups on your strat yesterday, then take them....

[sterile cosmos]

oh, no... I didnt

[old crow]

but if your srats dont produce a setup, then thats it

[candid salmon]

Choch on the white line, entry at the white circle. Stop at swing high.

classic reversal structure

[steel thicket]

like a head and shoulders

[sterile cosmos]

ahhh, choch, right

[steel thicket]

am i right?

[sterile cosmos]

Yea, I just was being a total idiot yesterday, I was annoyed because there was only 1 trading day for me last week. Went a bit crazy.

[candid salmon]

BE after swing BOS, set TP at swing low or just before.

[sterile cosmos]

So this one, is the clue for looking short

[old crow]

Thats the problem with MOST of us, myself included, when we want to trade and we want to force a trade, when there is no trade set-up, and we enter for the sake of entering, then that is called gambling

[sterile cosmos]

I was gambling yesterday, the house won.

[old crow]

You were someone eles's liquidity

[sterile cosmos]

I sure was

[candid salmon]

was this yesterday?

[sterile cosmos]

yes, that was yesterday

[old crow]

Now, be more selective and make someone else your liquidity

[sterile cosmos]

Damn right @old crow

sounds very like..... make someone else your b1tch.

[old crow]

That is why I only take 1 or 2 trades a day, and some days nothing.......I dont mind, I have nothing to prove to anyone else, it's just me and my bank account I need to protect

[candid salmon]

I can't tell when during yesterday, lol, what's your timezone for this one?

[sterile cosmos]

that was just after market open i think

[candid salmon]

Reason I am asking is because when I look at higher timeframes, the PA is heavily bullish that it wouldn't be smart to go against the trend - unless you are scalping.

[old crow]

PAC, SMC and ICT are planning charts, you are anticipating where price could go, based on the current levels at that moment in time. Signals/Overlays templates show you what HAS occurred and where you COULD have made your entries. Hope this makes sense as this is how I envision my templates.....

[candid salmon]

I recall reading somewhere that there are only 4 outcomes to trading: win big, win small, lose big, lose small. You will get the most value from removing the big losses by not being stupid 😄

[old crow]

2 words

Trade Management

🔑

[candid salmon]

Self management 💯

FOMO can really do you in. As well as comparing yourself to other traders.

[old crow]

Thats 2 words as well, any 2 word combo would work, LOLLLLLLLL

[candid salmon]

Not just any two words, Micky 😂

[old crow]

correct, just because everyone here is posting wins after wins, doesnt mean you have to force a trade to join in on the posting fun

[candid salmon]

Best to not go on any social media during your trading hours. Gotta focus.

[sterile cosmos]

Yea, that was pissing me off to be honest, I see people consistently posting gains, and I sit there all day, doing nothing, It got to me yesterday.

[old crow]

YUP, that is why when I post my mornings charts, I stay silent for awhile, and come back later in the morning, and chat to my hearts desire

[sterile cosmos]

This week has really sucked for my strategy.

[candid salmon]

You are in the middle of developing your playbook - I wouldn't worry about it. Develop your set ups based on the market conditions.

[sterile cosmos]

This is what the weekend will be about, getting setups that deal with the market conditions, so I have 2 strategies, not 1.

I can pick which will suit the day

[candid salmon]

What I can recommend is reviewing the charts during your trading hours, meaning only those times you know you will be online, and mark up those set ups that you can recognize. There is no point in reviewing the chart times that you know you won't be online.

[sterile cosmos]

@proper wing was annoying me yesterday. 😆

[sterile cosmos]

Well, I'll work on getting a second strategy together

[candid salmon]

I can tell you buddy that he doesn't really care lol

[sterile cosmos]

With his level of profits, I seriously doubt he cares.

[old crow]

any, ANY off the shelf strat could work, it's about management

A simple 2 moving average cross strat will work, just managing the stupid entries

LOL

[old crag]

Hello dear members. I am new here and trade mainly 0 DTE options in SPX. So far I have not found the technical help to achieve an edge with it. Has anyone here already had experience with the indicators and use them for options trading? Have a nice weekend you guys!

[candid salmon]

It isn't the profits or the size of your account. Being consistent at a 10K account can be scaled to a much bigger one.

[sterile cosmos]

you're, of course, very correct there

[old crow]

Welcome, a bunch of option traders do very well here, they hide out in the #📈stocks-futures-chat

[sterile cosmos]

I'm not sure that ever works 🤔 😂

[old crow]

Look at our Signals/Overlays template....look closely

What is the catcher, tracer, smart trail, neo cloud?

[deep trout]

were everywhere actually

[candid salmon]

Pretty colors 🤣

[sterile cosmos]

Yea, you're probably right, I was wondering about that

The catcher is super quick

[old crow]

these types of templates are based on trends, MA's, etc etc etc

[old crow]

Just like a very tight hull ma?

[sterile cosmos]

the hull is fast alright

[old crow]

so instead of trying to re-invent the wheel, Lux has already created a tool for us, they did the heavy lifting already

[sterile cosmos]

I know that, and they have done an incredible job, I'm extremely happy with my primary strategy, just looking to develop a secondary one to deal with the days that are more........ tricky.

[old crow]

find a PAC concept and your done

https://tenor.com/view/done-well-gif-18074129

[sterile cosmos]

That's my plan

[deep trout]

what are you looking to do and what do you trade?

[candid salmon]

and fine tune your strategy so you can get a higher risk to reward. You don't have to trade everyday when your high probability set ups are sufficient.

[sterile cosmos]

I am looking to develop a PAC strategy on indicies.

[sterile cosmos]

My original strategy gets a fantastic profit ratio, 4:1 last month.

[old crow]

Example, if I were on my Signals/Overlays template with ES yesterday and I was getting chopped out, and cant figure out why, then I can flip to a PAC chart like this, and say, DUH!

I just needed to wait until that 1H OB gets mitigated for a breaker play or another bounce up from that OB

because there were no real levels above

I had to look and play the levels below

[sterile cosmos]

Me, looking athis chart, I would not be able to find a trade.....

[old crow]

because there was no trade

[old crow]

#💬hangout message

[candid salmon]

Honestly, it is all in your head then 😆 no offense intended. No need to be FOMO.

[old crow]

No trade for WHAT I was looking for

[sterile cosmos]

Yes!

[sterile cosmos]

You're probably right, and no offense taken at all.

So, I think I'm getting this from you alll........ 'chill out, just be patient'

[candid salmon]

Patience is a virtue, and I want it now

🤣

[old crow]

https://tenor.com/view/chill-chill-out-chill-pill-calm-down-chillax-gif-21367936

[sterile cosmos]

I'll take a bottle please Micky.

[candid salmon]

🍄

[old crow]

Also, just because your strat didnt work yesterday, does it work more than it doesnt? If so, then that is the strat you stick with it. Rinse and repeat, becase the stats are there. You have to have a few losing days, in order to get to the many winning days

Thats the job you were chosen to do.

If the statistical win/lose week looks like this on average, ill take the setup everyday with no 2nd thoughts. Win 3 days, then lose 1 day, then win 5 days, lose 2 days, then win 4 days, lose one day.

if this weekly pattern happens all the time, im pushing my chips to the center of the table every month!

https://tenor.com/view/playing-poker-fabolous-ty-dolla-sign-myfabolouslife-ooh-yea-song-gif-21043224

[sterile cosmos]

[sterile cosmos]

https://tenor.com/view/cats-chips-hands-off-snack-funny-animals-gif-14275218

mmmm, chips.

[old crow]

If you told me I have to lose a total of $5k each week, in order to win $15k at weeks ends, then I say THANK YOU VERY MUCH, here's $10k, wheres my $30k !!!!!!!!!!!!!

[old crow]

shrooms?

[sterile cosmos]

Thanks everyone for your thoughts and input. I think the community aspect of trading is something that is very important.

[candid salmon]

The legal ones can be very good for focus 😄

[deep trout]

couldn't agree more

[old crow]

hahaha

[candid salmon]

This is the reason why I bit the bullet and got Lifetime the first week I was in Lux ...

[old crow]

Only one lavender per hour here...wait your turn

[deep trout]

there were no communities when I started trading

[old crow]

same

[deep trout]

or social media

[deep trout]

https://tenor.com/view/purple-flowers-butterflies-gif-7466881

[old crow]

https://tenor.com/view/jitterbug-deal-with-it-cell-cellphone-phone-gif-11974755

[deep trout]

and the people who did trade made it seem top secret

[old crow]

back in the day, we logged onto a few Go-To-Webinar chat rooms, LOLLLLLLLL

lookig back, that was painful

I remember when I first go my first beeper

https://tenor.com/view/law-and-order-true-crime-beeper-menendez-murders-gif-9914664

no joke

Some folks here dont even know what this was

LOLLLLL

[deep trout]

I remember mine as well

[deep trout]

now thats funny

AOL chats too

[old crow]

dial up tone

AOL CD install

Commadore

hahahahaha

[deep trout]

man what we went through

[old crow]

i remember black and white TV's

[deep trout]

whoa guy

[old crow]

yup

im that old

[deep trout]

whoops

[deep trout]

I don't think im that far behind

[past needle]

🤣

[sterile cosmos]

Anyone have any advice on entries off POC's, I see this happen all day, but haven't developed anything to trigger a trade, would appreciate thoughts for me to think about.

[past needle]

@sterile cosmos I'm watching your video on the 4 confluence strategy right now, what do the ema's have to be set at?

[sterile cosmos]

45

[candid salmon]

I showed this to someone 10 years younger and they didn't get the joke 😆

[past needle]

That reminds me of this video: https://www.youtube.com/watch?v=kOO31qFmi9A

[old crow]

I had a dot matrix printer

with those special thermal printer rolls of paper

And downloading on Napster torrents

installing programs with cassette drive/tapes

I also has 8-tracks

then times evolded, and started to burn music on blank CD's

OK, this old fart going to take a nap

[coral trout]

first trade at 20X got me a 30% win

one trade down 99 more to go

[finite bear]

Me too

[finite bear]

Gone are the days.

[deep trout]

i miss then

wife can contact me anytime she wants now, ugh

[finite bear]

The ones with wooden stands. Now it is smart TV.

[finite bear]

Yep

[tough goblet]

I started programming on a timex, tv for a monitor and cassette tape for memory storage.

[finite bear]

Remember the old type writer?

[tough goblet]

Manual in high school typing class.

[finite bear]

Yes and you learn shorthand

[tough goblet]

The "kids" among us are thinking we should be dead by now. 🧟‍♂️

[old crow]

ANd rememeber iPhone1 ?

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

[finite bear]

Hahaha#

[finite bear]

And samsung 310

[deep trout]

could only get it on at&t and service was terrible, but I had an iphone

[old crow]

https://tenor.com/view/summer-nights-olivia-newton-john-john-travolta-grease-tell-me-more-gif-26436937

[sterile cosmos]

https://tenor.com/view/nokia-scouse-gif-26309776

[deep trout]

couldnt break her

[finite bear]

Yes Nokia 310

[deep trout]

rumor has it there still out there

[sterile cosmos]

Indestructible that one

[finite bear]

Yes, anytine anywhere

[old crow]

I would use it like any other PAC type level. What do we use or wait to see to trade around OB's? Have the same mindset around these POCs

right?

If a higher TF OB overlaps a POC, then thats it, GET READY!

POC alone wont trick me into an entry, I want to see something else over lapping it

[candid sparrow]

@old crow can you tell me what indications of numbers characteristics must happen for LuxAlgo PAC to produce an OB on chart?

[old crow]

@sterile cosmos like this pic you posted? price danced around this POC 355 times, we have no clue which direction to enter in? but if we had a higher TF OB sitting above or below the POC, then that gives me more info

[old crow]

Here are some links to posts that may shed some light for you:

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/order-blocks/

#🔍feature-requests message

#🔍feature-requests message

[candid sparrow]

Thank you Mickey

[sterile cosmos]

I hear you. So an OB would be a 🧲

[old crow]

u can also see what the matrix is telling you at that time

I bet the moneyflow was bullish

[candid salmon]

An OB that produced a significant displacement or aggressive move will produce a corresponding significant reaction too. You would need to wait though for price to show you what it is going to do using market structure as well.

[sterile cosmos]

I haven't incorporated the matrix at all.

[tiny gate]

After having read many of the posts above, I can tell I'm hangn' out with the right group. 😂 When pagers first came out, I couldn't afford one so I just went around wearing my garage door opener. hahah!!

[sterile cosmos]

I'll do some research into OB. I see FVG respected a lot

[old crow]

WHAT?????? Blasphemy ‼️‼️‼️❕❕❕

[sterile cosmos]

VIP is where the really cool people hang out.

[sterile cosmos]

Thought someone might say that

[old crow]

https://tenor.com/view/will-smith-hitch-get-out-leave-me-bye-gif-16637838

[tranquil kiln]

Is there a way in the pac indicator I set it up where I can see the 1 hr orderblock as well as the 3 min orderblock on the 3 min chart overlapping?

[kind pike]

This woudl be sweet. I've been going back and drawing in the Higher TF , unmitigated order blocks

just using drawing objects in Trading View.

A bit of work... but worth it!

[candid salmon]

Add two PAC to your chart. Turn off all except for OB on one. Set that to the higher TF.

[candid rose]

What platform u guys use for trading? I’m from Canada and all platforms have 0.2% fees per trade

[sterile cosmos]

Haven't found a way to use it yet Micky. I know people love it.

[old crow]

2 sets of PAC