#š±forex-chat
1 messages Ā· Page 24 of 1
when DEX is negative, it is a bearish day
This picture comes from this account https://twitter.com/AlessioUrban
DXY is slowly falling again
Lux naderaya
I combined the both indicators into one
thx mate
what mean two in one
Yes I'm limited by my account
what you combine ?
any settings u change mate?
Nope
Hey guys, jumping on here with a different topic, someone know how to set an alert for the Javielitoās strategy, I remember him mentioning these days ago about it, but I donāt know which indicator is the best to set for it, from the oscillator or through PACā¦
thank youfor answer
š¤
somebody use signals indicator? to trade? or pure PA
they are dumping the dxy
that means gold go up right ?
sorry still new to xauusd
usually trade btc
they are keeping the market green
I don't think a big move up, dangerous market
im using PAC for the alerts
happy weekend everyone!
Thanks, Iāll try that then š
I just watched the movie
and? its good?
Its like the 3 time and still love it. But last time i was bit drunk and it really felt alike

Yeah so normally when DXY goes down, Gold goes up
Watch what DXY is doing when you trade gold + majors
majors being anything relating to USD
Can we trade in DXY?
You can trade anything as long as your broker allows it
My broker allows DXY so I can trade it
whats up peeps! new to this discord......
Welcome aboard this chaotic lifestyle we call trading. Ask around for help if you need
When I place a trade order on MT4 it shows disabled, that means I need to talk to the broker,
cool! just started with lux for about 5 days..... any tips?
Believe in your strategy and stick to it once you have tested it and see if it's good to trade with
@fervent ivy , ask around here. Much wisdom in this group..
right on thanks!
@supple dawn yes that man
cool i just reviewed link, all settings on default? it looks like premium and concepts being used together? oops i see all the information!!
They want S&P to 4000
I'm glad some here understood better what this market is
vix gap down, they won't let any chance to bear this day
Maybe the reversal 3920 0.382 fibo touched on S&P
They are dumping again so let' go for 4000
.
Maybe ask in #š¬hangout
Try my forex funds. They have a much better pay ratio and more lenient challenges (5% daily drawdown and 12% max drawdown). Ask @gusty mango for more information
Dxy is back
If you wanna try out FTMO, ask @icy wraith or @terse haven, though Jav gets hounded in here so you might not find him that easily
whats ftmo?
A funded forex trading company. Basically, they provide you with funds to trade and pay you if you achieve some significant profit
Dollar index
Hey hey šš» been a while , howās everyone? I been enjoying some time off but I have some spare time for some questions if any
I summoned the master. I am the Javielito summoner
Copy thanks
How do I get access to the LuxAlgo premium backtesting?
Already too late. You had to pay lifetime before 30th Nov
Iāve never personally used FTMO. I use FTP, MFF and FTUK. So I can answer questions about those š
Whatās the difference?
The Obi Forex Kenobi is here..
Different pricing, brokers, rules etc etc
Bro I texted you regarding the funded account
Whatās the best?
Itās all personal preference. For me I like funded trading plus.. however most people use FTMO or MFF
I want something works with meta trader
All of them do
Why do you like it more?
1 phase challenge
No time limit
So you donāt feel rushed
80/20 split from the go
š¤£š¤£š¤£
First day on the funded account?
How much is it?
They all have different rules , but I prefer MyForexFunds, other good options ftmo and thefundedtrader
These 3 are legit , there are many more props but I donāt trust anything else
The funded trader website gives me weird vibes
I like them , just for the free competitions lol , I donāt like their spread and commission thatās why I donāt use them but I recommend them as a legit firm
Why do you like the myForexFunds more?
Low spread and low commission, better rules
Do you know the difference between the accounts?
Thatās what Iām looking for
Whatās their spread?
Ftmo is also low spread and lower commission but their rules suck
Than MyForexFunds is the way to go , the 5% DD rules is consistent across firms, but with MyForexFunds you only need 8% profit for first phase and 5% for the second phase
Also they have more options as for picking your account size
Plus better prices and max drawdown is 12% compared to others that are 8-10%
Whatās that?
Exactly right
Uhh how long have you traded for?
Should deff know what max drawdown is lol
Max drawdown is how much you can lose before failing/losing the account. You have daily 5% drawdown and you fail/ lose the account. Try not to lose more then 2% in a day
Okay
Discipline and good trading habits is key to being a long term profitable trader
Yessir š«”
@plush scaffold only open a funded if you can actually pass , I recommend testing a demo account on ftmo demo , you can trade demo with all the rules and see if you got what it takes to pass
Donāt buy if youāre not ready because you will be throwing your money away
Youāre right
Iāve been trading on $1000 account for a week
Now itās $2500 š«¶š¼
Yeah having more money to trade with does not mean you will be profitable. Just means more money to lose if you don't have a a good strategy
You guys are rightš«”
Just make sure you're profitable for a month. And follow the rules as if you were doing a challenge and see if you end up passing both phases. Basically just test yourself on demo
But what has your drawdown been? Have you reached 5%drawdown and held the trade because you had no restrictions? 5% on $1000 would mean $50. So if you went -50$ on a trade even if you didnāt cash it out at a loss, your account is blown.
What account are you funded with?
The account Iām using is personal not funded
I know. Which is why I asked.
Some of the trades went to -$500 but I didnāt get liquidated
But not my account balance
But it went back up
yawning
Can you explain me the pip calculation of dxy?
new here. been seeing a bunch of folks talk about Lux! looking forward to it.
anyone use Lux for funded challenges?
Any idea at what price the gold will open on Monday?
Reached the reached 1870 last night. And its at 1866 now and the market is closed. Will it open high or low?
Almost everyone in here
Hi there!!! Can anyone tell me which of the Lux Algo Premium application methods is best for scalp trading? I've tried everything but nothing seems to work for me. And when I look at the thread with the results of the wins, I see that it does work... I don't know what to do to make it work for me too... I will be grateful for any suggestions
Get instant access: https://luxalgo.com
Join our 100k+community: https://discord.gg/lux
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All of the content on our channel is for educational purposes only. No data, content, or information provided by Lux Algo, the Site, or the other products and s...
Hi all⦠weekend are best time to educate ourself. I have found some useful video regarding order block. https://youtu.be/vRmOPT1-gXk
In this video, we will illustrate what is Order Blocks and how to effectively identify them on the chart. only in five minutes, you will understand this concept which is a requirement for further trading strategies. See you guys in the next episodes.
@icy wraith Iāve been trying to get my head around that start of the mas7er guy
But I honestly feel like it will nowhere get near 88%
It looks nice when you do quick overview but going down in the details you either often donāt get a trade and when you do get a trade itās not 88%
Maybe Iām missing something?
Gold is just a speculative asset that has gone up for 20 years because interest rates went down.
Now interest rates will rise for 20 years and gold will go down.
It's not rocket science, it's just economics.
157
Let's put it in reverse after hitting that March 22 OB at 2057 š
Awesome! Thatās great. Which Lux indicator are most folks using for their funded challenges ?
Lux Premium + Price Action Concepts + Premium Oscillators
I don't really know since I cannot speak for everyone. But from the strategies I've seen in here, most people proactively use orderblocks
Okay thanks yāall. Iāll take a look at those
I suggest starting with Price Action Concepts, it's a very good starting point for your technical analysis. All the other ones are more suitable for finding entry.
Where can I find Price Action Concepts?
Tradingview Indicators
It 88% gives you the high/low of the session. Not 88% win rate. You shouldnāt use it alone to trade. It just gives a bias up or down.
Which strat is that ?
DR/IDR
The 88% has nothing to do with winrate Nicky; it's the probability of highs and lows for the day. The concept has been around since the 80's and was introduced for futures trading.
Hey Team - I am a beginner and I have not tried Forex before. Can you please suggest a good platform for beginners? Preferably a platform that has a good mobile app would be great.
I have been in crypto so far, but find it difficult due to volatility. I am looking for a just 1-2% ROI per day. Do you believe FOREX is a better fit for my strategy?
MT4/MT5
who is a good wealth of knowledge that I can chat with about funded challenges via Lux? I'd like to reach out to someone who has passed. I have a few questions. please and thank you
From the points you described I would say forex would suite you better. I would not set your goal for everyday. If you want to reach 1% every day you may try to find setups where no are. Or you may not handle your risk management because you want to get the 1%
If you figure out how to make 1-2% daily for 255 days. Let me know lol
Lol!!
I agree! I did burn my hands as this goal forced me to rush into trades. I just used 1-2% as a way to describe how I am thinking about trading. Mainly to earn some passive income for monthly expenses.
Thank you for the advice. I appreciate it.
Thanks, Aren! I appreciate it. I will look into it.
Do you know any methods of acquiring MT4 on ios since it was removed from the app store?
I would really like to know too. My broker just refers me to the web version, which is horrible.
@sinful tulip has earned the Lux Level 2 role!
find someone who downloaded it before it was removed from the store, borrow his app store account, download it and voila.
Brokers have to start making deals to put it on the app-store themselves, under their own developer accounts.
no. it's apple who took it down, not metaquotes
I know, but to work around the metaquotes ban
But Apple politics awful too, that's a fact
If you want to trade MT mobile, you need to get an android phone/tablet. Which I would, if I was travelling more.
anyone got any links to a conditional web hook listener? hoping not to have to write my own
ie. get a webhook for criteria 1, if criteria 2 happens in 5 mins fire off a webhook to execution engine
Hey, I'm using tradelab for this, but that's crypto only for now. They are looking into stocks / forex, but no eta. I haven't found something similar for forex, very interested though.
Thanks, I actually stumbled on it just now on TV.
I have been trying out Capitalise.ai, as it came free with a Pepperstone account that I have. Tried demo on Pepperstone with a trade copier to my broker, but I then got in a trade-copier rabbithole and quit the entire journey :). I have been reading into pinescript, you can make your own alerts with pine-script, but I don't know if it works with Luxalgo.
thanks, i'm happy for it to be asset agnostic as i've got a way to execute trades on forex using webhooks directly.
okay turns out captialize.ai can do that
and is free for pepperstone. nice
Hey can anyone Forex Broker
For Javs strat, do we use candle colours from lux premium or from PAC? Backtesting and some of the signals are like 70 to 100 pips and just want to know if that normal or if I have my candle colours missed up
I use the lux premium colors, some people here prefer the pac colors, I still donāt understand your question, what do you mean by is it normal for some signals or candles messed up ?
I know how to do this , you can download MetaTrader to any iOS as long as you use an iCloud that previously had metratrader, so if you had MetaTrader on your iPhone before you can use that email to download the app on any iPhone š²
Apologies, above when i said signals i meant trades as in all criteria meet to take the trade.
When I was back testing before most of the trades would have a 15 to 35 pip SL on a 1.1 RR as per your Strat 2 using the exact criteria you have.
But today when I am back testing I'm getting some trades with 60 and 75 pips SL on a 1:1RR
So I am wondering if it is normal to get trades with 60 pips as the SL and TP.
Then I changed my candle colours to PAC and noticed the candles turn green quicker for those Specific trades.
That's why I asked because I thought I was using the wrong colours
I understand now , SL and TP will vary from trade to trade using this strat
With a 1:1RR is just a rule thereās many ways to get out of a trade by trailing or targeting HTF levels
Example on this trade I used the entry conditions to take the short but I did not target a 1:1RR
You can use pac colors or adjust premium to your preference, it doesnāt have to match my setup exactly, I can literally trade the setup with no colors at all since entries are based on market structure and volume, SL swing low , tp 1:1
@warm tulip use other TF for confluences like 15min - 1HR
Change your purple candle color to green if you want faster color change trigger like on my image @warm tulip
Yeah none of my friends in person trade so unfortunately I think Iām gonna have to check the desktop version lol. Where is Cydia when you need it.
Hello friends, i'm new here, just joined today, i have a question please, i'm in an evaluation period of a funded account, i've ruined everything, i still have 160$ as drawdown, for nasdaq i thing i'll go long tomoroww, my question: is my postion is good at that order block or should i enter in the other one that is below my postion!
I would watch price action. If we get a bullish hammer at your OB go for it.
Thanks bro
Someone in a GBPUSD short?
@terse haven do you play manuall or with bot?
I trade manually
respect mate š
i just check profits and test.. and price difference was so tight at your score
@terse haven what alert you have been using since you started trading your new version strategy, you used to use the advanced oscillator before, right? How are you setting your alerts now?
I still use the advanced histogram level alerts
@terse haven ahhh ok thanks for replying⦠I thought that you might have changed it
@terse haven if i may ask, u mean advanced like over 70 below 30 alert only you use?
Yes thatās correct, set the alerts to only once per bar close
thanks for answer mate
Hi everyone , what is the best setup for 3 min frame using Lux algo premium indicator ?
What youāre trading?
EURUSD, GBPUSD, AUDUSD
For GBPUSD i have sens: 38 agil:24
Nice , thanks , Levsky . No filters ?
Hey Jav can you please share a screenshot of your exact TV alert settings? Thanks! š¤
@terse haven could you please share the latest pdf again, I can only find v1. Thanks
NP!
When you select create alert on the advanced, you will see advanced oscillator bearish divergence, click on the drop down and select crossing
Then select advanced main and change value to 70
Then create one more for 30
many thanks bromigo!
anyone trading gold looking for sells this week?
@terse haven Hi How you avoid ranging market in your strat??
Yea i am
15 mins and market opens lol
I personally wonāt be looking to place trades u til London session
hmmm why do you say that
Market open spreads are a b*tch
oh dang didn't think of that
If correct the up or down tick in volume on the advanced should prevent this
What's the "tick"
Whenās above 70 or below 30⦠should mean movement in volume.. hence no range
And you can use the Squeeze value on the LUX dashboard as well... A value above 70-80% means the price is stuck in a range
In my experience yes. I always also like to keep the DXY chart open as reference and place trades when it hits support and resistance lines. Some coins like JPY or CAD have a positive correlation, while others like EUR or GBP have a negative one. Thereās always longing and shorting opportunities throughout the day.
What are the best pairs to trade during the US market opening 2 hrs
Anyone experience with trading gold / silver / forex on bingx ?
Jav always suggest backtesting as he ONLY tested it with Gold.
Waiting patiently for a breakout and BoS
which direction you thinking
I have no bias. I wait for the chart to tell me which side to enter a position.
Thereās the breakout
Text book JAV for 36pips
tu re moon
Noice. Not convinced DR/IDR for gold. Just another mind block
Entered late , but sl at BE
are you using a trailing SL? Based on JAV, the SL should be below the order block right?
I put it below that previous wick.. But I had the chart open. Having it below the OB would be 38 pips
It does pretty good at giving session bias
Not as accurate as SP500 though
Can u please explain how that SL setup bias was done? Why below the previous wick?
or sure. DR/IDR is based on 'Initial Balance' concept introduced in the 80's for futures trading; but not to bad.
I am backtesting JAV V2 now, and my SL's are quite high and many a times, I am not reaching the TPs. So kinda trying to figure what's a better setup for SL.
No real reasoning. The wick was below the MA. I had my chart open during the whole trade so I couldāve moved it if needed.
If I have a trade open I try to watch it the whole time haha
If we do another BoS I'll move my TP up
Maybe to 1 STD for this session.
I closed mine to get some sleep. Good luck. Weekly TF is super bullish
ok thanks. This is helpful. So far my personal backtesting is resulting in heavy losses with JAV. I am sure I am doing something wrong, so figuring it out š
Lol. Goodnight man. My day has just begun.
If I knew coding, would probably code in pinescript and figure something.
Hi, is your SL bias also starting from below the OB and then moving it up as the trade goes?
Ahh yeah. Must be something off lol. Male sure your entries are coming off of an OB.
you mean having an OB right before the BOS correct>
Correct
If you see a set up but itās like 10 candles away from the ob then imo itās not valid
this makes sense. I guess I wasn't doing this. Also, I see so many OBs especially from swing. Will refine my BT from this now. Appreciate your responses š Good night :). If its ok, will ping u later for some clarity once I finish my BT
Out on my original TP. 2R win.
No. My initial stoploss was at DR.
Quick unpopular opinion. Sweep EQL before taking the high
what is DR? and can you please explain why there instead of below OB?
Why not.
I use the DR/IDR indicator for bias. DR is the taop of the range for the first hour of the session. The DR/IDR indi has the indicator set for 30 minutes after the asian session opens, but I adjusted mine to the open
If I had come in according to the jav strat my sl would have been the IDR
oh ok. I need to learn what is DR / IDR then :). But seems a bit risky considering its the session open. But I don't know much about it.
You quite often get early beakouts in the Asian session. Its my favourite session to trade for that reason.
ideally, this would be my best session to trade in considering I live in USA. haha
Lol. Right. Its the first session of the day for me. If I dont see a potential trade develop late in the session I am done trading by 4pm local time.
do you only trade gold?
that's a good call. I need to do that and restrict myself in session zones.
Sometimes US30. If I see a breakout I'll go for it but my attention is gold.
Yes you cannot trade 24/5
excellent strategy
Thx
I see you are using the PAC colored candles for trading. Do you have a preference or bias between the lux premium vs PAC colored candles?
well I will go to place a short to gold hahahaha
I just prefer PAC candles or no colouring at all. I don't use the LuxAlgo Premium.
Me. I'll wait. Lol
so would take trades even on the purple PAC candles?
PAC is red and green. I don't like to trade CHoCh as these have a habit on reversing; prefer to trade BoS.
I am confused on OBs. My setup is to mitigate the OB on Average. But in the screenshot, I still see the bottom 2 OBs when they are clearly mitigated. Anything am I missing or misunderstanding here?
@eternal goblet has earned the Lux Level 1 role!
I set mine on wick.
but based on my average setting, shouldn't they be going away based on the screenshot?
Not sure. The don't look fully mitigated to me as the candles pulled back into them. The bottom one was created by the candles to the left.
Lets take the bottom OB. It was mitigated with the next 3 candles as soon as it was created right? Unless mitigation means candle closes above the OB and then should come back?
Also, for the top OB, the last 2 green candles clearly mitigated it (considering average is 50% of the OB).
1; Yes they need to come back to mitigate it.
Right I understand your train of thought. Not sure how they calculate the 'average'. I would suggets posing this quest in Support.
cool, thanks!
when you go to the settings, you can change the mitigation, standart setting is when they are full closed, but you can also get the WICK Mitigation... then they are closed also when i wick goes in š
Yes I understand that part. However, I have selected Average for now so it should be closing the OB based on the last 2 green candles right?
Ouch.
I hope you don't leave without me
Are anyone going short rn?
he left me as a village girlfriend
@limber sparrow waiting for confirmation
I saw a message on Bloomberg saying china was taking a break....yes ood
Look like dollar index might rebound
Yes I believe Japan closes for 1 hour.
tradinghours.com is a good source of reference.
In fact Japan is closed today
So essentially whichever direction price breaks out of the top or bottom red lineā¦.thatās where you enter?
@hazy shale has earned the Lux Level 1 role!
I must have a bos confirmed as well
Gotcha gotcha
USD JPY is reversing?
it mirrors DXY
I canāt find SR indicator
Another day, another disaster waiting to happen
dxy keeping it up
Hi guys, which Chart Source is the best for forex? is it FXCM, OANDA?
If gold and dxy are in opposite direction, buying both together will result in profit on one and loss on the other? Is that right?
which timeframe are you using?
Depends on ur broker
Morning
Good start of the day
5 minute.
Yooo sick
Anyone know on mff if youāve passed a funded challenge already can you start another one and merge the accounts together so they take the same trades at the same time?
You're lucky there's an MFF expert here @gusty mango
Most TA looks bearish today.
I donāt think you can instant merge
Definitely not a live and eval account
Eval is on the demo server
What about 2 live accounts?
Iām not sure what the rules are
I assume you canāt instant merge them
Best to go in their discord
You can always use social trader tools
Hello everyone, i'm new here, I was checking out the price action concepts indicator, any tips, or strategies that some of you are happy to share?
Thanks @gusty mango
Yeah thats in their faq ; kinda shitty really
Looks like if you want multiple accounts you'll have to almost simultaneously pass all of them
That's the conclusion I came too as well. Copy trade is the only way to go. At least you can stagger the payouts that way
Is it possible to have a MT4/5 developer create a copy trader for you then just have it connected to all your accounts
Yes. I use 4xSolutions out of the UK. There fine too
Lovely
I use Octa FX :\
Unless you're a scalper, any broker in TV is good enough. If you're a scalper, then you def need to have your broker's data on your chart for more accurate analysis, since even a few pips can determine your profit
Gold not moving and DXY tanking, hmmmmm
Will it touch the high and reverse back inthis session also?
We're at weekly resistance now. Very weak volatility ahead of Powell's speech. To be expected
What Iād love to see from gold. Weekly TF. Take out SSL
Trading this January has just been wild
oh yeah
the market is crazy AF right now
Where is it accessed?
On their website
Found it thanks
What are social trader tools?!
Hi! One question, is it possible to set alerts for the Premium indicator?
They look like disable...
How we looking guys so far
Hey @proper compass ā any COD challenges today for funded challenges
Ooh BTW, forgot to download COD
What level are you at right now?
Wym?
That itās affordable lol
Whatās that
56 lol
BTW, what multiplayer modes are open? Is Attack of the Undead 20 up?
šš«£
Yeah cmon lol, one google search
š¤£š¤£š¤£š¤£š¤£š¤£
Nope. Snowball Scuffle, Satelite 24/7, Ground War 2.0, and Grind
Had to screenshot this 79 kill game
This skin is still active?
Lol yeah
I was talking about the social trading tool
Ground War's a bitch with all those snipers
Yeah I played it once and not again
I hate campers.
To connect accounts
What does it do?
It connects accounts š©š©š©š©
Yeah, it's an option for 'copy' trade... , you can connect your account to lets say follow nicky.. if he puts up his account as an signal account
than you account will take his trades
And you can connect your own accounts
To each other
Alriight
Now Iām dingen
Done
I left my clan hanging after we hit Legendary Clan Status. Damn, I just know people left by now
what is your strategy?
Scalp R/S, maās and candle patterns
@gusty mango do you mind sharing what indicators you use?
21-50-100-200 SMMA
I appreciate you
I get in and out of trades very fast tho
I see
Best way to do it haha
Quick
You owe me 250 bucks
š¤£š¤£š¤£š«”
This price getting rejected more than I have in my entire life
Hi everyone:)
Lucky you
realize you earned more money in 7 seconds than the people that work 9-5 for a whole day šæ
wsuppp dude

haha i have the passyourchallange EA for MT4 from Axel Armani
but the setfiles are crap. I think its not the original
š
this one is fine
Donāt talk shit about me š¤£š¤£š¤£š¤£š¤£
I can share This bot Here. Cost normally 929$.. haha
U are happy from this bot?
No its a normales grid martingay bot
But he has a Equity protector. Thats cool. But Not speacilly
here. i pay for a long time much money for that. 1039$ But LuxAlgo and Tradingview rocks more <33!!! Maybe feel free and spend on my paypal little money for me for that haha nilspatrias@gmx.de
Cheers
thats the offical sit
https://www.instagram.com/axelarmani/?hl=de and thats the CEO from passyourchallange
nice idea
to find spikes from the bank traps in the chart? ne unfortunately not yet
Ok
There are many pirated copies of this part and cracked fix versions. The one above is one hundred percent genuine and works. The news filter is also quite nice.
If someone needs support just let me know.
This in combination with the Luxalgo XAUUSD Strat. is unbeatable.
What is that
Expert Advisor. A Roboter for the MT4 Terminal on Computer
Their website looks like a scam lmao
Hey guys do you know how to find if the market is ranging or not
Nickey do you know
Yes, I already said that. Is a grid and martingale bot.
Nothing special. Actually absolute garbage. but with the right settings it will be good for the challenge. passed october, november and december with 2.84% dd.
Sorry for soelling
thanks for shariing
slowly the reversal is coming š„±
signal buy label onemilion indicatgor?;)
which buy label do you see?
reversal to the downside?
yes this one was good
bullish order block just below so maybe a bounce
Joe MotherfuckingSclaping God of godness
what confluence do you sue do enter trade?
So.. you sent over the alerts of an strat and this will do as you set it to doā¦. ?
Oh sorryā¦. Should have scrolled up more š
Cool, I will have a play with it, will ping you for questions/ settings. And if it generates some money I will donate on your PayPal š¤
Martingale is not allowed with some propfirms
What strategy do you use? Amazing results btw
Thanks , can I know the āBBB Alertā exactly indicator name because Iām not able to find it in the indicators list?
I donāt agree with this. But will see.
Well its HOZ š
Iām not on Twitter so Iām not sure who that is
Thoughts on Gold in the next few hours to tomorrow ?
Gold is about to take a breather.. so I would wait for a SELL signal confirmed with other tools too.
See how far price is from the 200MA!!!
GBPUSD is in sell zone?
iam shorting from yesterday and eurusd aswell
Nice, I have shorted as well
eurusd: SL: 1.0776
TP: 1.0686
gbpusd: SL: 1.2227
TP: 1.2127
this is my setup for this 2 positions
gbpusd enntry zone: 1.2172 / 1.2177
eurusd entry zone:1.0732 / 1.0736
all my net on this 2 positions
have nice day š i need go to work
You too
Great confidence on small arrows, no dd
Home made
on vwap and trend tracer price will stop if breaks will be nice short ;P
FED is planning for a new pump as zn1! Is decreasing, maybe for Powell speech or CPI or both
Also a falling wedge is forming which is a bullish pattern
The bullish order block just below is intact
Check the blue arrow itās a call signal
thank you for advice and if i do something wrong let me know and correct me please, i get it so i will close soon
iam in profit now so i close ;D
Just follow the small arrows
@supple dawn The indicators you shared canāt be saved
And the non lux algo are closed
There are some lux too, very useful for order block identification
Why canāt I get access to them?
It is shared so you can use them
It wonāt let me for some reason
This doesnāt work? https://www.tradingview.com/chart/J7gV420l/
At mine works without problemem
Perhaps it has to do with your TradingView plan? you would need to have an available chart layout slot free to save a copy.
That screener on the upper right is so cool š
Thanks it is a part of the strat
Can I get the script code ?
Sorry it's a ton of work
U cannshort explain how to idÄ screener at your chart od IT doesnt much explaining
this helps me in order to open the position or not. You need to find the pusher for minimal trade risk
here vix is against dxy
so the gold is crushed between them
zn1! is poping a little, that means the fed will pump the market at ws open
so they won't let the gold going down
russian and chinese buying gold
letting gold at high price is better against brics
BRICS is an acronym for five leading emerging economies: Brazil, Russia, India, China, and South Africa. The first four were initially grouped as "BRIC" (or "the BRICs") in 2001 by Goldman Sachs economist Jim O'Neill, who coined the term to describe fast-growing economies that would collectively dominate the global economy by 2050; South Africa ...
it's time to Brazil to leave this
thanks for the edit! was wondering what bricks was hahaha
Ok but you can sens some legend what means what or which siÄgnÄ Å there what telling you when is ok to take trade
Good morning @supple dawn thank you very much for sharing your indicators with all of us, the only one that gives me an error is the Elite Algo Premium, it tells me that it is by invitation.
Does admins read messages ??
does anyone know what could cause my stop loss from disappearing on the tradingview chart? I would set it and I can't drag it anymore and it disappears within 10 seconds.
I used to focus on DXY and VIX signals mainly when both green it is a call, when both red it is a short. HYG and TLT also interesting it seems (I'm learning every day)
Error comes from another paid indicator not made by lux. I think it is why the error is but not sure.
Ok, thank you š
this indicator is not a mandatory, it is like any other indicator, nothing perfect
If lux team, does not like my sharing, I can stop it
I like it, thanks for sharing. And thanks for sharing your setups/indicators, much appreciated.
thank you guys
I've learned a lot already from this community. I also like the fact that people are willing to help and share. I've been in some communities, but this is by far the best and most friendly.
Just wanted to share with you my through about today Powell speech
The Fed is preparing a big pump for this afternoon
I mainly trade EURUSD, that is at a 1h bearish block and weekly pivot, would make sense to short it. But in my strategy I don't go against Higher TF trend (daily/weekly)
Maybe look for some other oportunities that go along with the trend
this is daytrading here
Yeah I know, still I became a better trader, daytrading with HTF trends
but that's just me
I did well yesterday on US30
what does this FED action usually mean for stocks?
stocks down, right?
thanks for this matey
Shout out to everyone trading this Jan
US30 holding above weekly pivot, nice room to go up to next OB on 1h
Bear trap everyday
best time is before ws opening
one hour before exactly
they start to manipulate
I'll walk the dog early this afternoon š
Liquidity grabs above and below?
Obeserve the ZN1! on tradingview last days and find any corresponding uptrend with calendar events. Before any raise, you should be able to find a down trend.
This down trend is the exact up trend perf after ws is closed means they move the money back (I don't know exactly how they are doing this)
I'm starting to see it now ... that's amazing.
That's a correlation you can actually use, as the result is delayed. Opposed to DXY/EURUSD which is simultaneously
Is it any use to get this data realtime? You can subscribe to it in TV for $5 /month
It seems they can plan to do the pump 3 days before (like the last friday)
few understands this imo
made an entry in USDJPY
Entered at 131.922
Trying to understand the correlation - so ZN1! bearish - GOLD bullish ?
nope
I don't know the exact correlation between ZN1! and Gold
but it seems when ZN1! is pushed up, this pushes the DXY down which pushing up the Gold
ZN1! pump seems used to push up the indexes, this is an economical way to down the DXY without selling it
It is like a stimulus
Long on Gold seems to be the winning strat
US30, EURUSD pushing down ...
getting ready for buying at better price? š
wait for the indicator signal / lux confirmation
it is better to wait the final signal on closed candle (it can change on the current candle depending other indexes)
Yes but I barely use the sunglasses for entry. That's last confirmation if anything. Signal does not reprint once candle closes
entered at 132.02
You try out jav strategy yet?
Saw a javstrat opp, got in later but the setup was formed before through that
what strat are you referring to?
used it above, jav strategy
It's that one in the screen shot above
There's the file for the set up of indicators and entry explanation
What is Jav startegy
not yet
I just sent the file
Thanks
Thank you very much, where do you find such strats in pdf form? sorry i'm new! š
in the pdf above lol
The author, @terse haven was generous enough to share this with us.
seems ZN1! doesn't move up this day, beware
Yeah jav sent them over to me when I first joined! And they've been great at increasing my trading win rate on the 3-5min tf. I trade nas100 and gold. With good success. Haven't tried anything else and wouldn't bother. Honestly just need 1 pair to be consistently profitable
@flat hill has earned the Lux Level 2 role!
Thanks for the information, I will try and backtest this strategy to better understand it.
Seems I'm unable to find Luxalgo legacy oscillator in the indicators in TV?
pump is started
money to inject
Long gold?
Thank you so much!
I have placed long at 1875
Is powell done?
Be careful, you don't know what powell is gonna say
What the old man say?
Just gambling when news is happening in my opinion
unless you are listening to it and understand what they say
He gonna say
"Superman beats Goku hands down"
fed against bears
USD news are good or bad now?
@glossy turtle has earned the Lux Level 1 role!
POWELL: DOES NOT COMMENT ON CURRENT U.S. ECONOMIC OR MONETARY POLICY OUTLOOK IN PREPARED REMARKS FOR SWEDEN'S RIKSBANK SYMPOSIUM ON CENTRAL BANK INDEPENDENCE
286
Thank you for answers cery helpfull mate š¤š¤
2 Jav Strat trades ... nice, I took the SELL and BUY on US100
@fresh sparrow Hello brother, where can I find the wma? Thank you. Planning to try that strat too
it's written in the pdf
I don't use WMA though but it's called
Thanks guys!
seems they don't use the NZ1! on today, they will keep it for thursday (CPI)
Fed is very powerful, without the NZ1! they can keep the market (just with Dxi and Crude)
CL1! is drained in order to crush the Vix, watch by yourself
Looks like im to dumb for trading š¤¦āāļø
-ā¬500 today⦠only in GBPUSD
In 30 minutes šš
Hey, thanks a lot for your share, a question where do you get the Lux Algo Legacy Oscillator? Can“t find it
Thanks š
Go through the discord channels, a lot of useful info there.
Its okay, I blew 4 - 5 accounts before I make any good progress.
Can u draw ur position at chart please?
Yes, I've made every mistake under the sun, you just need to keep going, if you don't want to use your own money, use demo account and treat it as real
Personally, after losing grands, being in shitty pump and dump groups, or buying crypto in 2017, I look at my demo account like someone has loaned me the money
cos I already know how it feels to lose grands, once I stayed profitable there, I moved to my own money. and then if I lose 10% of my account, I close it, withdraw funds and go back to demo.
Figure out what I'm doing wrong, wether it's overtrading, getting emotional, staying in positions too long and learn, I've been profitable since doing this.
Yeah sure, this was the positions I took.
Yeah but im just lost Right now⦠in my demo acc i was doing all Right and now i just get LQ in my SL
Look at this liquidity thats NOT normal
Thursday cpi will move markets
High number dollar prob gain across the board
Lower vice versaā¦will see what setups we have on wed and be flat on thursday at cpi
so you think usd will pump the next days?
But end of thursday will be 1.09 or 1.05xx i think
At
23.50
Should I hold it or exit
And gold is at 93% premium at 4 hours chart
Please suggest me what should I do
You should read your charts and rely on your indicators I think.
But the US dollar has broken down
I don't think this channel is intended as a signal service. There are a lot of people sharing strategies, and learning you how to use them.
There are some great strategies shared, like the JAV strat
I don't know that one can you share
It's shared in this channel every day
scroll back a bit, you'll find it. I've seen it shared today š
I just use the premium equilibrium and discount and oscillators and buy sell signals
I donāt believe anyone here should give you advice if you should hold something yes or no
What Nicky says š
Teach a man how to fish, and he'll eat every day.
How do you type my name wrong when itās on your screen š©š©š©š©
I just want to know the best strategy to trade
Sorry for the spelling auto correct
No the best strategy in luxargo
Mindset and patience is key
Sorry for the spelling
JAV strat is a good starting point. Go back 4.5 hours in this timeline to find it.
Patience is for pussys!!!!!
Should I be an intraday trader or a swing
When there's volume, so London, NYC open and London/NYC overlap
May I suggest you start at babypips.com?
There's no shame in that
Chillax š
Be a scalper
What is the best two trade
Start from there
I trade at 5 minute 10 minute and 15 minutes
En
I disagree with fisher here
Scalping is the hardest thing in forex
Sorry fisher
Yes
I agree with nicky
I have been scalping for the past 2 years
I have made great prophets and made heavy losses
Profits
Can you guys please suggest me what should be my target if I am trading at 5 minutes chart
There is no set target brother
For example if I bought silver at 2350 what should be my target t
You need to target with what you think price is gonna do
If you feel comfortable with 5 pips
Take 5
Do it for a week
What is pip
Ur getting me depressed
Learn
Practice
When you finish it all
You will know everything you need
Ok
But I told you this already brother
So it seems you donāt really take advice to heart
You just want us to tell you when to enter and when to exit
Sorry if I seem harsh, but thatās how it comes across to me
I am not able to find the best setting in luxalgo
Lux is an indicator
Itās useless if you donāt know the basics of trading
If you donāt know what a pip is
Ur wasting ur money on lux algo
And good settings where shared 4.5 hours ago, why don't you check it out
I was busy
scroll up
Yet you have time to keep asking questions š
@analog geyser following a strategy blind
Will blow ur account
If you donāt know what the strategy means
What itās doing
Why itās doing something
Okey then blow ur account buddy
šš»
Yea ok
Last advice I'll give you: if you want to learn Luxalgo, and get some insights on strategy: check out Gecko Trading on Youtube. https://www.youtube.com/@GeckoTrading. He's also an admin on this channel.
Unlike us š
Guys what are you using for backtesting your strategies to get all the statistics?
He is not luxalgo admin . It is better to trust with caution
He demanded extra payment from many
Well, whatever his role, he has useful videos to get started with Luxalgo.
Was that really him, or somebody pretending to be him?
If he really did such things, then I don't understand why he's still not banned from this server.
but i shouldn't care I guess š There's a lot of useful info here, that's what I'm here for.
I would like to send useful information about Lux to the support mail
Taking eur usd short at 1.0740 SL 1.0765 and TP 1.0625
Those are fake accounts, come on man...
Our @jagged slate is the only legit reptile on this discord š¦
What is your motivation for that? I can see rejection of weekly Pivot on 4H, and a bearish orderblock on 1h, but no movement that suggests it's going down. Overall trend is also still very bullish on higher TF. I'm curious ....
Gold has just been consolidating in this channel
Weak break of previous highsā¦low daily rangeā¦so seems like a flase break..havent got any lux algos confirming the PA movementā¦weekly and monthly pivot at 1.0610ā¦i do trade sometimes and wait for lux to confirmā¦
Is a risky trade hence the high pL ratio
@flat hill may you explain me your alert or your configuration to trade NAS100 please? Do you follow the strategy on XAUUSD? Thank you very much
Prob also coz i dont see any other setupsā¦itchy fingers sometimes š
Have any set ups maybe i can follow tmw?
No setups for me at this time. Today was crazy ranging
Agree not been too easy
Aussie maybe yesterdayā¦got some lux algo confirmations on 15-30 min charts and was at weekly r1 but didnt pull the trigger
Would have been a nice 60-70 pip move
i took us30 up yesterday
Yesterday I took time to set alerts, to prevent myself from looking for trades. I have alerts for any PAC (CHOCH, BOS, OB) on the 1H and for crossing Pivots. I like to trade from weekly pivots. I have been using JAV strat for entry around these points.
So, like you I'm looking for price action around this weekly pivot point at 1.074, but I'll be looking for entry with JAV strat.
Just took a 10 pip proffit
well done
Thanks keep me posted any fx trades u do would be interested and will share likewise
how i can get the candles green / Violett / red? like in the JAV Tutorial?
when i take the "colored Candle" Settings its look false xD
yo does anyone know what is going to happen to eurcad
@remote wren has earned the Lux Level 1 role!
golden pocket fib level at 1h
best to wait, bcs retracment can be to 0,786 fib 0,81fib
its bullish now if price break this OB at 1h price will atack swing(double top) IMO
Hi guys, can anyone recommend me some forex bots to use either on metatrader 4 or on tradingview? Thank you
I mean something similar to 3 comm. O cornix for crypto.
Haven't used it but was looking into Pineconnector.
That was someone pretending to be Gecko. When the imposter's details were posted, that Discord account was created in late December 2022, and was not a member of the LuxAlgo Discord server either. In any case, best to configure your social media accounts to disallow direct messaging without an approved friend request for privacy reasons.
Searching a partner for crude oil trading
to making Analysis etc?
Just scalping calls
crude chat would be great
i can share what i see on chart and what i draw if u want, just keep in touch dm š
let's go
knowledge and vision on charts from other people never enough its still geting expierence with ppl imo
You guys using JAVSTrat for Analysis among other indicators for oil?
Nice e.o.d scalp here on US100, Entered at the rejection of the order block above on 5m chart, placed SL above the order block, I then put my TP at the bottom of the order block below. Noticed bullish divergence as well on the indicator.
https://youtu.be/gKyn7dbHhEo
Saw this posted in #šcrypto-chat, what I'm studying now. Thought it might be useful in here too
In this video, I take you through all the features of the Price Action Concepts indicator by Lux Algo.
You can get instant access here: https://www.luxalgo.com
Read more about it here: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/
I trade using order blocks that are around 786-886 fib zone and have FVG before the order block
Thank you very much man! Do you use auto FVG or manual configuration?
TF?
Nice I just started trading nas100 took these 2 trades today. Both were triangle breakouts. First is 1 min tf second was 5 min tf
It is automatic unless you switch it to only show one time frame so that no matter which time frame you're on, it will still on show your TF picked FVG. Which is helpful if entering on lower time frames
Follow order flow. Don't try to catch reversals
Be patient and stick to your entry rules
Itās not a reversal itās a breakout and 4HR trend still bullish imo
Huh? You asked for tips lol
Ahh gotcha lol thanks
Yeah I hate doing that
Too scary
You ever trade nas100 before stock exchange opens?
Order flow was bullish. Found my optimal entry, in this case was a order block with FVG above. Enter on the 1min. Targeted recent high liquidity. 1:4.75 risk/reward
Damn nice
There was another enter to caught lower before that but it was only a scalp. Then spotted that 2nd opportunity
Thatās solid I just trade breakouts with with retest and other confirmations like MA etc
Yea I stopped trading London session staying up all night ruined half my day sleeping in lol. Now Iām only doing NY session and focusing on nas 100
That trade I took was just watching the order blocks
The trades I took earlier were similar @flat hill @crystal pivot
I took a short and a long
Just shows it's all about entries though, I would've definitely preferred yours on the long as it was a safer entry.
Yeah entry is key lol
And yea I didnāt really wanna short
Scalped this 30min bearish order block off the 50% rejection. So deff is about entry. Price doesn't move one direction. Just gotta find where it's most likely to respond from
Hi
can someone tell me what the name of this indicator is?
What's the 50% rejection?
Are you putting fibs from the recent low to high?
50% of the order block
MA exp ribbon i think its in the preset tradingview indicators templates
Ok I understand, you set that order block manually
Yeah can't rely on indicators 100%. I first learned price action then I used indicators to add to my strategy for extra confirmations. I'm sure the PAC indicator would have marked it if I increased the number of order blocks to display
I'm the same with price action, I learned a lot first, primarily I trade on 5m using javstrat now but I always trade us100 on 30m
The indicators definitely help to confirm things
Yeah that strategy is fire on 3-5 min scalps for both nas and gold. Only thing I trade
That's also true too, I used to try follow too many things, currencies, Ćndices. Once I stuck to US100 only I started being more profitable and only done gold through the group
Sometimes we are doing too much
Wow thats amazing. I'm trying to do the same thing, focus on one pair and session, Nas100 during NY
4% in the last week very good
Good results.
your account is 100k?
Thanks for posting! Really helped understand features and usecases
what indicator did you use for these amazing gains? lol asking for a friend
i see you used Javs! awesome! what were your main keys for entry?
Nice
Whatās pairs are yāall looking to trade on Thursday for CPI?
EU and gold
And you?
No clue yet prob those too lol
Good morning ā
morning gang 
Sold AUD CAD at 0.92910
good morning
GOLD What happens next?
Good morning
Crude oil seems refeeling before tomorrow (large forex swaps ahead)
Fed is using his zn1! fuel in order to contains the DXY, tomorrow is going to be wild for fed
Does anyone have any idea why the gold hasn't been following the DXY for the past couple of days? Will it be from Powells speech and the CPI tomorrow?
thats a good question... i have also no idea but i would love to know it...
But i think some big things are coming here tomorrow with the news (CPI)
I've only started to trade it the past 2 months, so I don't know the ins and outs
But yeah I do agree
DXY trend is inverted with XAU trend actually
Yeahh Yeahh, my bad that's what I meant, I think @glossy turtle knew what I meant hahah
All right. I think they want to keep the DXY very low, this is why Gold is weakly trending up
Tomorrow a big pump will be made on Gold (see ZN1!) but the bears are more and more to come. Lot of volume in both side on tomorrow.
Thanks
thats a political fight right now what we see... Russia buy a lot of Gold right now and USA will just hold the USD strong ^^
USD weaker than possible not strong
now yes, but they will try a lot of things to push usd, but thats only my vision
yes Brics try to push up the DXY
and they buy gold to finance the next war
this trade is fine
oh yes š
they want $ to Be strong, specially War Time against Russia,
since Russia is Going with GOLD they will Make it Higher for The GOLD to drop... so its a really hard time in the market, special for forex i think
just closed it
yes sounds like the fed reaching issues to keep it low or maybe it is a bear trap
Hi @sturdy aspen
I've sent message dm, could you read it pls
does anyone know why your stop loss line isn't visible on the Tradingview chart?
Did you place your trade through Tradingview?
let the game begin š
Yes. I use Pepperstone as a broker. Whenever I put a stop there in the past it stayed on the screen visibly and I could drag and drop it. Now I place it, it's still active, but it disappears off the screen and I can't move it with the mouse which is one of the best features of trading on TV, to be able to move your stop and trail price action
maybe Tradingview disconnected to your broker?
i had the same problem one time, so i just connected it new, and all settings were back
to Im still connected.. super weird
If it updated lately, check in Appearance if all settings are the same as before.
try to disconnect and connect it again, when it doesnt work after that i have no idea sorry..
Thanks guys. I did some testing and for some reason it works with a paper trading account but not with my live account.. must be on my brokers end then
come on ... lmao š
https://www.fundedtradingplus.com/experienced-trader-program/ seems like a good prop firm
- they have TV charts with v low spreads
I use Capital.com but im searching some Broker to Trade XAUUSD someone can give me good result for a Broker?
You can trade XAUUSD on Capital.com
It's called Gold.
Damn so stupid thx šš I changed to capital Right now and was searching for XAUUSD š¤¦āāļøš
anyone taking long on xauusd at 80-82 level?
im waiting for this level to scalp xauusd
will be in at 81
Hi guys i got a question so im new just started yesterday and i am traiding xau/usd with the lux algo but i want to ask what are the best settings for the algo at time frame of 5 min? Greets
you took trade?
Everyone says Jav2 is better
Good day brothers
Reiss, do you trade US100 at MT5?
Can't find it on mobile phone
No, I use Capital.com
US100, aka NAS100, try search that on MT5
Itās named different per broker
Well, in my version I don't see it
Capital is a broker?