#💱forex-chat
1 messages · Page 25 of 1
According to Nicky's progress I observe, his face is:
#Trading #FTMOChallenge #Scalping #DJI #NDQ #US30 #US100
Come hang out with me as I go over my setups for scalping indices, and hopefully pull off some winners on my FTMO Challenge
pls join live trading session
Jav2?
Cheak previous message
Anyone got any day trades set ups for today?
Hey which is better hikinashi
or normal candstick
That’s me but it’s with the AI thing
But it’s actually quite spot on how I look lmao
Cant spot good entry today, lol i missed the selling part on gold
Low volatility today
Didnt manage much
Am sure if i trade tmw will damage my account so will sit out 🤣
Would expect big moved with cpi
How everyone doing 💪🏽
@terse haven ditched the #695732700991979601 channel for #💬hangout
do we have any indicator that is like the ATR for stop loss placemnets
The trend tracer is good for trailing
Javielito you trade only xauusd?
Mainly yea I do , and some us30
Catch any short action today with gold?
with how RR do you trade?
which one is that cannot find it
Enable it inside the Lux premium settings
I’m a scalper , i trade very minimal per day but with large lot size
Good job today…volatility will be v higj after cpi…not ideal for scalping i would imagine
I’ll trade any market conditions honestly
the tracer or catcher,, tracer seems to be too close to Price
Wild
Good luck for tmw…👍
Have a feeling will come in low and good for gold and stocks and bad for usd…but will stay flat and try catch ripple moves on Friday
When you scalp, do you have same entry points as the strategy or do you use something else
Let’s see what happens, we’re at a major key level
tf 5 and 1 min?
The strategy is a RR setup , for scalping I trade price action still on the 5min
But even when I scalp I follow the HTF trend
Good evening everyone, can anyone help me create a forex strategy?
Tomorrow 💣
Anyone know how to setup an alert on high or low via lux ?
Thankx
Replace premium bottom with discount
Discount ?
Yes it's an option
Personnally I don't setup it alert because you will receive lots alert if you keep "once per bar close" also it depend you time frame I think it work well on 1min to 15 min then take profit or get the bounce
do you use your strat in US30 also_
You can but I’m not using my Lux strat on it . I’m just scalping it with MA’s and price action
what mas do you use ?:)
MA's
200/100/30/10
thx
vwma isnt better?
I’m using exponential moving averages
What’s the name of that oscillator?
Sar ?
Hi, i have a question, what's the best data provider in trading view (like, FXCM, IDC, OANDA,etc..) to use with the LuxAlgo Price Action concepts? thanks
Yes what’s the name of it
hey jav, can i ask you something? how long have you been trading with your strategy?
and thank you for sharing
USDJPY dump hard what's happen im noob 😅
Sar oscilliator or premium osciliator
Which broker you guys use
Is it compatible with trading view?
What's your thoughts on AUDCAD?
XAUUSD. 3.5R, should have left a runner.
What do you usually target with Jav strat? 1 rr? 2 rr?
I'm not using Jav's strat.
Oh ok lol in general what do you target? Or you trail it. I think im gonna lower my rr from 1 to 3 down to 1 to 2. I want a higher win rate and less drawdown
I'll target the next breakerblock or a fib. Trail my stops at fibs or behind an fvg. I try to aim for minimum 2R.
Risk 0.5%
Good morning , 9.40 am here :).
whishing u all a nice trading day. :))
Thanks!
Nas100 may come back for retest of 11300 support level
Also could just keep pumping to 11500
morning 
Morning
Morning guys and girls ✌️
Morning all
I wonder what the ratio of boys to girls there are in this chat
Haha i think 95% boys and 5% girls… or like that 😂
yeah 5% if that
Where are you guys from? Im from austria 🇦🇹
UK
Nice one 😎
I'm from Bulgaria 🇧🇬
Morning all 
some big news today, the most waiting for good news for USD, but i think it will be negative ^^
🇳🇱 Netherlands 🇳🇱
CPI day today, markets will be choppy and unpredictable https://www.bls.gov/schedule/news_release/cpi.htm
yes.. hate it 😄
probably best to take the day off
😃
Morning
Hahah yeah hard
or just wait for the news.. sometimes its a nice strategy to trade with the news ^^
but very risky yes
Days like this, I trade indices ... I mean: look how clean this trend is 🙂
Clean as
Question, where can i get the indicators you have in the bottom right section ? @sinful tulip
Hi Rabs, that's called 'Technical Ratings', it's by Tradingview
Oh beautiful thanks heaps mate
yes CPI data will make gold go above 1900+
as dollar is week
data is just few hours away
The U.S. consumer price index data are due at 1330 GMT
gold gonna go up if cpi data comes in higher?
correct, if the data out is below forecast, then its a buy for gold n btc
you mean higher than forecast?
if its higher then its gonna be a sell
oh i shouldnt have wrote the correct
Good luck all for the CPI
10 min
Straddle
so gold pump?
Bruh, news were good for usd but gold is pumping
I can't understand it
I assume it can be pump before dump
In 2 second rekt on eur usd 💔 however close little green profit
Yeah but i Hope it will dumb.. when not im loosing a lot 😭
The spike of gold that crazy 😂
Jeeze yep, XAUUSD/GOLD crazy volatility
Gbpusd still in range we could play tonight
Yeah but i shorted after the news….
Guys, trading the news is not a good move in this business, it is a sign of gambling. My advice to new comers is to stay away during the news, let the market stabilise and then you will see the true picture of the market. Just my opinion.
Yeah thats how im feeling now 😂
Hi guys ,it is my impression or some time the arrow long or short it is repeinting ?
Premium signals are confirmed only upon candle close. Before then depending on market conditions it may vanish.
Will be selling at 1901 GOLD.
@errant echo has earned the Lux Level 1 role!
any thoughts?
Hi thanks for your clarification
👍
Nice call on GOLD
Managed to catch a quick 1 to 2 scalp on nas100
Breakout of triangle and support
No its just a small support zone i marked
Took the 1901 entry to 1881
Good job
How long does usually take to stabilize again after news?
few hours (up to 6hr), FMI
Yes i managed to scrape some pips…now flat and just watching to see what happens
EA 30mins Scalping
Hello, anyone who can explain how to enter at market with Lux Algo Premium or Lux Pac?
can you explain this, please?
Yes....
thanks
- There is the smart trail change from Blue to Red. Then you see the long Red candle, that is the first touch of the train and you have to wait for a retest of the trail. Thirdly, a BEARISH CHoCH is formed, still wait until there is an OB for the move to go up as you can see. Fourthly, the green candle touch the trail and you enter on the rejection. I hope this helps. It is simple but you must exercise patient.
Great, thank opu
you
What does the acronym SSG stand for?
You're welcome
Super Saiyan Goku
That is different indicator for confluence that I use for confirmation
Lol
But without it you can still get your pips.
Do you not have discord on your computer where you can take a screenshot lol
Well hope all went well for most of you
Lets see what setups we get when things calm down a bit
@sturdy aspen I think I am losing because you are profiting. 😃😃😃😃😃😃
You should teach us
gold to 1900?
Dxy close to 50 fiv
Fib
So maybe a bounce…looks like next fed increase is 25 so dollar hike expectations have been reduced
This is for longer time frames…would prob look like a short eur usd around 1.0870 though no price action to suggest a reversal in shorter time frames
Best to wait and see next tradinf days i guess
Good luck to all 👍
Ouch
But it also motivates me
Try limit your losses to 1-2% of your account
Only way to make money is to grind slowly
All good
Blown up a few accounts trading for 12 years
I think worse loss was 30k which was 30-40% of account in 3/4 days
I just got swaped away from trading gold for just a brief of a moment and bam 💥 all the slow grind that resulted in profit was lost
Happens but best to learn that no short cut and to grind it
Yeah its my first one yet
No trade is 100% and just risk 1-2% max per trade way forward
I will be more conscious from now on
But just gold mate
LeverGed stocks are something else
Most ppl find just a few pairs to follow and follow them well so they can predict price action
With lux algo more about catching some of a trade with price action instead of predicting trades
Today price suddenly dropped to 1875 from 1889 and my stoploss was at 1887 but the order closed at 1875 only, is this normal?
Price moves too fast
The order takes some time to fill in
That’s fine under normal markets
But not under news events
Hi @gusty mango
How is your funded goin'?
Smh I just watched this all happen but didnt jump in lol
was gonna enter there but wanted more bullish candle 🤦♂️
This is the worst feeling lol
👁️
I guess one average sized rejection/retest candle is enough on the 5 min tf
Gold is also in a triangle and a break and retest up top with 20 or 50 MA just under it would be a solid buy
I've never traded gold but if im around ill jump in
Well gold broke down out the triangle not valid anymore lol
The path of least resistance is down. Strong OB above. DR/IDR is suggesting down.
could gold reverse somewhere at this point?
Maybe a little down to 1892
It's what I'm waiting for.
XAUUSD, 2.4R. Entered latish due to all the OB's in that area.
Hi @icy wraith, may I ask how do you use Sonarlab indicator?
Hey all
What are the best 4 pairs I can use to set my alerts for
I have gold and us 30
For fvg's. It's a personal preference.
Fck me. That looks busy.
Diamond.
Wouldn’t miss that offer
can any one help with Fundamental analysis or point me towards some good videos links explaing how its done??
Is forex trading profitable? I always lose for 2 and a half years now. It is so depressing. I don't want to quit but i don't know the right strategy. Yes there is no 100 percent win rate. But this is so hard. Is there somebody out there can help me. Just ONE good talk to change my mindset and strategy. For sure, someone here is very profitable. Change my life. My goal is to help my family, help the poor since I know the feeling of being broke. Im tired of being broke.
Hi, Can you please explain me how to use DR/IDR?
It can be, I'm sure. I have been trading for 6 months, and I'm now a 'break-even' trader, just getting better towards profitable. I find Forex very much manipulated by institutions. I have been doing better since I'm trading indices. They are more trending and predictable.
I also see that most of my losing trades, are because I didn't follow my own rules 100%
By the way: it's much more about patience and following rules, than it is the strategy. Many strategies are similar and profitable in theory. It's your mindset that makes a lot of the difference. Also: study price-action and be aware of order blocks.
Be aware of higher timeframe trend, and only go with the trend, that filters a lot too.
You mean that trading indices is more predictable of all? I am also planning to study indices. I tried trading forex and crypto only
Take a look at indices charts: you will find more trends than in Forex
noted on this. my real struggle is myself to be honest
What broker you use for trading indices?
I'm in evaluation at 5ers propfirm
There is inside bar (The Red and the Green), you should have enter when the next green pull back a bit for a ride up.
This is another piece of advice: If you can't pass a challenge with a prop firm, you probably shouldn't be trading your own money. Unless you deposit a small amount (like 100 dollars) and trade 0.01 lots, for the thrill of real money.
I like 5ers, because they have bootcamp: potential large accounts with high profit split, but only 95 dollars to enter. You only pay the larger entry fee (about 300) once you pass 3 stages. I have made it to second stage once, so it's possible 🙂
With 5ers you have a year to pass
You need to search it on YT and watch the videos by the Mas7er
But it feels like real money, because ... you actually invested 95 dollars.
I found it more useful than to put 100 dollars at a broker
Are you also trading forex @sinful tulip ?
what's prop firm?
I stopped trading forex beginning of year. I'm profitable this year with indices
Prop firm: you trade other people's money: like a 100.000 dollar account, for a smaller entry fee.
Beware of prop firms that set you up for failure, like FTMO (this is just my opinion).
making 10 percent in one month with their rules is tough
look at My Forex Funds or 5ers (google them both)
What broker do you use for trading indices?
Like I said: 5ers propfirm, they have indices too
this is risky. i need to be profitable trader first
I trade FTSE100 and US30
In that case: papertrade or small amount on real account. I can't recommend any brokers, I think they are all scammers
Make sure you use a regulated broker if any
I sent private message regarding this
What did you mean about FTMO that set up you for failure?
10 percent in one month forces you to risk more than is healthy
this is just my opinion
Sold eurusd
nice ride
I have just started a challenge on funded trading plus, check them out they're better than MFF in my opnion
Better spreads, they use eightcap as their broker and they have TV charts so you're buying and selling at the exact same price
When you make 10% on your account you can double it so start off with 100k go to 200k at 10% then make another 10% and get a 400k account and so on
What is their current spread on UK100 (FTSE100) please?
Yeahh I haven’t checked any indices but forex is better than MFF and I know a lot of people use MFF in here
To me, a lot more goes into choosing a prop firm: like do you know anyone who had a payout 🙂
Nahh I haven’t but I’ve just read and saw good reviews on this prop firm
I will let you know if they don’t hahaha, should be passed v soon
Nice scalp on US100
Can't remember who explained it but watching the order blocks on 30m for rejections is a good strategy.
Fair Value Gaps where the price gains/loses value quickly
Thanks
nice, I had a TP set at the next order block, I find that normally works well, I've taken profit now I move on
on 5m, I set the TP
How do you get the high and low to show near the price?
trade is getting huge ... 
@edgy sphinx it's not that kinda group lol, have a plan and exit
If you're kinda just keeping it open for the sake of seeing how far it will go before you take profit, then it's not really a trading plan, more turns to gamble
Could've of easily jumped back in on the short and BOS but I had a plan and stuck to it.
my plan was to let the trade run as long as possible. I usually use a RR 1:1.5. I kept dragging my TP
*trailing
@icy wraith yo
Damn theres news in 40 min
wich one?
I have no idea lol I dont trade news
4:00pm
USD
Prelim UoM Consumer Sentiment
Actual
Forecast
60.8
Previous
59.7
Details
what does forecast mean?
Either way itll probably spike up and down
Predicted
ooh make sense now
haha!
you guys think EURUSD will drop big too?
maby to last FVP
Nas100 at a triangle/trendline resistance on the Daily so gonna keep that in mind
Could break though
rejected
after yesterday was it, I'm not getting involved in any news days
lol
lol yea i might as well wait now were too close to the news
One spike and could be 3-5x your SL its happened to me before
It doesnt hold
If 5 min closes above 1385 might be bullish
but news coming anyways so yea not getting in lol
also prefer not to buy rn since in a little downtrend
Did you short?
damn lol
yeah
got SL rigth over the red FVP rn
so im out in profit at least if the shit hits the fan
it might test the 08350
thats my SL
you know what?
no
im keeping my original trade
fuck this. if it hits... it hits
lol
Hi Guys,
is there any channel for indices chat? or its probably here.
thank you
§wait, did you not take profit
yeah pretty much
I thought you had the trailing
or was it not you
I never took a trade but I wanted to buy just before the news
ohh
yeah lol
wasnt me 🙂
thanks for the info 🙂
hope i can still catch a good set up
does javie. strategy work on us30,us100,spx as well or mostly only gold?
Im not sure I think it might work on us30
How USD go still down when the news are so damn good?
i will never understand that shit....
Today i dont trade because of the news
lmao
But i analyzed the chart... with marked structure, BoS, ChoC, Orderblocks, Supply and demand, Support and Resistance...
and the price should go UP with the good news too...
but why USD continue dumping?
never will understand this, im so confused... someone knows it?
look at this multible long WICK candles at the BUY to SELL Area...
good news for USD come out, neutral one for GBP and that shit still go up >.<
Yes but why? When Dollar goes stronger with the news why it go down? HOW?! 😭
That shit makes me crying realls… because it looks like im to dumb to understand that
Well it did go up for a short period it looks like and then continued the way it was already going
This news wasnt strong enough to change the direction I guess
Good thing you left the trade lol
i started 1 month ago with trading... i was 2k in + and now im 4k in -
thats so depressive
Its normal
every single minute i try to learn and in my days off from work im looking 14hours youtube videos to learn all the things and improve my trading strategy
Most people dont make it to top 10%-1% without staying concisent
i started with Risk managment and im still always JUST SEE SL lmao
yes but i want that so bad...
im done with my 5/9 job, i only life once so i want a nice life
Dont give up. I also started recently and been through a lot of bs but im getting better
and get to the 1% that can have time, location, and finance freedome
Whats your strategy mainly?
thanks man.. gratulation that you get better, i hope i can reach my goals to...
market structure with Supply and demand, support / Resistance, Dual EMA (8 and 14), Candlestick pattern etc...
Nice what time frame?
1hour to look for the trend like Trendlines, support and ressistance... 15 min to mark all important things like supply and demand etc. and 5 min for my entry
i also try to use FIB retracement in my analize
everybody in here have that same feeling or had it 5 years ago. dont give that thougth much energi. focus on making a daily routine, schdule, trading strategi, trading plan, excution plan, templates... etc
take courses too or group mentoring / 1:1 mentoring
lux algos indicator smart money concept, and price action concept. is a good start to build confidence
Well that sounds solid idk what youre doing wrong lol
patiently waiting for a good set up on nas100 🥴
lol I love triangle breakout set ups but none today so far
like the bear and bull flags?
umm its similar i guess
oh me see what you seh
Right now im watching how it reacts at this .50 fib level and theres support there too and 50 MA
lol
so what kind of confirmation are you waiting for? could you draw it maby?
This
a flag i believe you are talking about only its directing upwards move
The long 'pole' with the flag attached
lmao
They can also go downward
I never pay much attention to patterns on 1 min
1 min is way too noisy fo rme
for me
Thats how i trade... @crystal pivot @icy wraith ... is here something WRONG?
a lot of confirmation
I do mostly 1 min and some 5 min
fair, same here. i use 5-15min to trade. and 1h-4h to back test
it does not look like a good confirmation, i run into these all the time.
i have also a CHoC, and the 8 EMA crossed the 14 ema
8 ema and 14 ema are kind of weak in my opinion especially on lower time frame
choc is SMC right?
change of character
That's like a BOS in the opposite direction 🙂
I love my PAC indicator
i used to draw all my own charts, now it's smart
And I still don't consistantly do what the chart tells me
I need to follow my own rules more, that will make me profitable. I'm break-even for the past months, just because of stupid mistakes.
Yeah PAC catches triangles I dont even see lol
impatience mostly
PAC is not always right with the patterns
I'm more talking about the CHOCS, BOS etc
and the order blocks
I dont know what PAC is 😂
PAC is the price action concepts indicator
by Lux
which you probably have if you're here
here they refer to it as PAC
🥺🥺🥺
This how I trade. Breakouts with MA in confluence and a retest
and you can mark up support/resistance as extra conf
20 and 50 MA for the retests
I trade to and from Pivot Points, preferably the weekly pivot points on the 4H, with entries on the 5m.
Thanks man 🙏 i will try to intigrate this in my entrys
Simple is better 
Pivot points are classic, since 1979
Ever since i removed oscillators from my chart my trading has gotten much better
It's very much respected
I use the 'Technicals' indicator for the analysis of MAs and Oscillators
It's bottom left on my screen
It's multi time frame
it's from Tradingview itself
Nice 👍🏻
updates in realtime
So I just time entries on the 5 min (right half of screen) using JAV strat
had a nice short on the 30m
@fresh sparrow has earned the Lux Level 2 role!
50 and 14 MA also works or it must be 20 ?
i think MA's are very lagging
I like how immediate price action and pivots/order blocks are
I think you can only be really good once you are good in reading price action
I use 200 EMA for direction and 50 EMA because every once in a while price retraces to 50
But i think you can only use EMA's if there's a trend, if price is between EMAs, it's ranging and not really useful. Besides that you know that is ranging if price is between them 🙂
I dont use less then 20
Yeah I use MA for trend direction and added confluence
But I rely on price action and support/resistance/trend lines
My support/resistance is only Pivots and Order blocks
Does it possible to create an alert to get a buy point on LL call ?
Like Ll call buy LH ou HH sell ?
How is gold going this crazy
Successful day up 5.5%. Hope everyone has a good weekend🤙🏼
Who plays COD for the funded challenges??
Soon as I left my house Nas100 and US30 finally got good set ups 🤦♂️
Im such an idiot. Earlier I patiently waited and finally saw a setup I liked. I entered the trade but i watched it few min and closed at break even.....
Anyone else have the problem doubting their trades sometimes? I gotta start closing my laptop right after and walk away
🤦♂️
Ya me too so instead i also look at the other time frmes so that i feel a bit more confident. I also learned (the hard way) to only trade when it 100% is my own trde idea
Glad its not just me. Lol yea I should just switch TF next time or dont even look at all. That big ass wick scared the shit out of me
Hhahah yeah i feel you man
Take your trade, double check ur SL and TP, have few alerts on and just let it go!
Yeah I need to just let the market do its thing and not watch it lol
yeah 100%…. I know it gets overwhelming sometimes
Yeah especially on the 1 min lol
As much as I love javs strat,
I'm wondering if anyone has swing trading or intra day strats I can explore with
Anyone got another strat?
Well I have a breakout strategy. I wait for a break and retest of support or resistance combined with 20 or 50 MA confluence and just price action
Triangle breakouts are my favorite and PAC draws it out for you most of the time
If you look above that trade I was supposed to stay in worked out lol. Good example
Yes. I used to all the time. Now I set a SL and TP then I set alarms a few ticks from the targets so I can pull up my trade if I’m able.
Yea I set SL and TP but apparently thats not enough to stop me from closing early lol. I just cant be watching it
Damn. Just woke up and saw the us500 charts. DRland looks good there
So MFF closed for metals an indices on Monday due to US holiday
Yeahhh. And gold haha
Yeah. I was hoping to complete phase 2 next week
hey huys, what broker do you use?
Enjoy the weekend ladies and gentlemen 
why in ctrader I dont find ex: litecoin, bitcoin, eth?
Hi Guys, goood day.
somehow i cant find the legacy oscillators indicator made by luxalgo. would be very thankful if someone can share with me a link for it
Many Thanks 🙂
haha yes i know that feeling to >.<
Sometimes i do that.. i enter a trade, dont watch it and go outside with my dog or something.. just to not ruin my trade because of gettin nervous and watching it going in the other direction before it goes in my way ^^
had same issue , following the trade the whole day is not good sometimes could affect your plans and decisions, since start using the metatrader app, i enter my trades put the TP and SL and let it go, cant win all the traders. but winning some is good.
Lmao yeah I gotta play some call of duty to keep my mind off the trade
Yea agreed…
You play on mobile?
Nice strategy, clean. Just trust your TA , and indeed just close the laptop..
Is this on the 1 m ? 👀
You draw the zones yourself ? Or are these lux order blocks drawn over… and you just use the bos , change of characters…
PS4
Thanks man yea need to never doubt my trade
Yea I do 1 min and 5 min
Yeah I draw the zones myself and honestly I dont use the bos/choch I should just remove from my chart I never look at it but the pattern detection I like. Sometimes it catches triangles I dont see
Wow 87.5% payouts starting out
From what I read after you complete the challenges and start the live funded account, you don’t get paid until a month and then you get paid every 2 weeks? Can someone verify this
Aren cant u help me for setting lux prem
Im newbie
Hey why the name of the setting change
Does anyone know if the WEF Annual Meetings will affect the markets that much this week?
nah they shouldn't
hey guys, Maybe someone know crypto ir forex with low spread?
Guys i have a important question 😄 is the 8 and 14 EMA good for scalping in the 1 min timeframe and the 20 and 50 ema for longer trades like 15 minutes Timeframe?
I think 8 and 14 is too small for 1 /5 min tf. I like the 20 and 50 ema shows trend direction better and stronger areas of value
Hello guys I am forex trader, we all know "pips", but how about in index or indices, how to calculate the pips? I think there is not pips in index or indices?
Make sure you click calculate lot size in mt4/mt5
I seem to recall that ICT preferred 18/40 ema when he chose to use ema's
Thank you
I dont really use much settings anymore but there is a good 5min strategy from one of the members on gold and some other pairs make sure you backtest
Okey thanks a lot aren 🙏
@crystal pivot already did a funded challenge?
Not yet maybe next week
Balling
lol hows ur stuff going?
Had an internet outage before I could place a stop loss 😂😂😂
Was in a loss anyway so I’m going back on the demo until I feel comfortable for a retry
No wayy thats like one of my worst fears lol
I retried after and blew the account cuz of emotional trading
Damn bro im sorry to hear that, that sucks...I'd probably react the same way
Im gonna try out The Funded Trader when I do
I hear their spreads and slippage ain’t great tho
Too bad Nicky, but you'll bounce
I wish I could get funded too, I'm not there yet. I'm getting a bit better than break-even. Make silly mistakes still though
Nicky, what do you use from Luxalgo, you are straight up price action, right? So just PAC?
I might just go with OsPrey for the funded account since they pay weekly and I know they have good spreads...only thing is they capped at 70% profit and require 20 days in total of trading for the challenge. Which isnt terrible
I'm on 5ers in trial, they are great with spreads and overall performance. Try bootcamp: it's 3 stages, but once funded you get nice splits 75/25. Only $95 to enter challenge.
I made it to second stage once
Blew it ofcourse
5ers? never heard ill check em out right now
ok thanks
They give you one year to complete your challenge
I’m using MA’s and price action
I do have pivot points on my charts
Me too, I love Pivots
But you are on Luxalgo sub, right?
I'm curious how you use lux
I cancelled my lux algo so you won’t see me anymore 😩
Ahhh, shame
Or is this open to everyone
Damn they only go up to 10 leverage...that wont work for me since i scalp on 1/5 min tf 😕
I don’t use it enough
Me too lol
10 leverage is responsible you know 🙂
Yes but not enough to risk 1% on 1 min tf lol
I don't know, is it?
And it’s quite expensive
Its not
You can use bigger lot size, right?
Yea but that requires more margin with less leverage
So yeah
I am currently trying the ultimate macd, but i'm not sure what to think of it
osc never really worked for me
Yea dont trade just off that, its added bonus
but it;ll show you trend and strength of trend obviously
I use multiple ma’s
Search TMA overlay
in a good trend, once it goes back to 50, i'm pretty confident I'm buying/selling cheap
Nice I love that channel
I'll check it
Ardy gives some great knowledge
Is it that guy from the moving average?
Yeah lol
I like his Youtube, but I always wonder if he's profitable, because he can sell you on so many different methods
Ever since I stopped using oscillators my trading improved dramatically
That I don't know if he trades himself, or if he just talks about all these techniques
How is without osc different for you Aren?
I focus on price action and key levels of support/resistance, thats more powerful than anything
Agreed Nicky, the Technicals indicator in TV is great, with the MTF dashboard
I cancelled my renewal today as well. Managed to pass mff phase 1 without luxalgo indicators. Start phase 2 on Tuesday
Trying TMA overlay, makes my chart hella busy looking 😄
Yea remove most of the stuff besides MA and engulfing/3 strike candles
Nice man hows their spreads?
MFF has good spreads
Only thing I like to add to my charts is divergences
Hmm ok maybe ill try MFF...🤔
What program were you on at MFF, Nick?
Its 100 leverage right for forex and indices?
Ok cool thanks
Nicky, what is your entry timeframe?
I'm starting to lean towards 4H/15m entry instead of 1H/5m
Everyone prefers different TF whatever works best for you
longer timeframe give you more time to analyze and make a decision
i like you guys, its a very nice community here, same indicator group but different trading styles and different imput from all of you!
Its dont matter LuxAlgo works or not in the end... but the exchange of different opinions are gold ❤️
Take care bud…u will be missed
I trade the 5
I would be trading the 1 if I had alot@of time to watch the charts
I also do 1 and 5 min. I just love having more trade set ups and dont have to worry about the trade taking so long that it runs into daily close spread or major news
I love trading 1 and 5 min. I get impatient (which is bad) so I tend to go to 1 min for short in and out scalps
I think impatience is the main reason why I'm still not profitable
Need to keep working on that 🙂
anyone here with experience trading gold at market open?
sorry, I trade neither (gold or market open) 🙂
Not a good idea. Always good to get a general sense of direction
you sl in 0.69502?
I never touch it
Did you leave the operation open over the weekend?
Yes I leave opened on the weekend
maybe that's why it closed
Yes and my stop was 0.69366
as a suggestion, do not leave operations on weekends, so you do not get surprises
Yes
The spreads get really high when market closes/reopens so can hit your SL from far away
Ok ok my mistake
I will manage another entrie tomorrow
NY market is closed tomorrow
Futures still popping?
Anyone know how to make a long call on LL and sell call on HH ?
market is open, banks are on holiday
Yea so there will be very little volume from NY session but yea you’re right I said it wrong
morning
mornin
good morning from Austria 😗
😂
FX Market is slowww, in a EU trade atm but fuck me it's slow😂
I think Tomorrow is better🤗
Made some quick pips short at 63 out at 09…
Flat now…not really convinced of much these days
Anyone been getting any signals? Is the boj decision tmw?
What is the boj decision?
Thanks
3 am gmt tmw..
Morning
Damn bank holiday....
Good Monday morning so far
Inflation is bad for states but we don't trade news long january know the vibes 😁
Gbpaud still range 😵
Patience is the key ⏳
Damnit thought I was finally gonna catch a move today...
If it broke above wouldve been a solid trade
Hey all. New to the group. is ther any videos or anybody I can follow to learn more about the lux algo trends and setups?
or any strategies?
There's youtube video page of luxalgo
Or manual site 😵
how much where u losing
400
Long cable?
damn, I saw market was closed today so just didn't trade
can't lose money if you ain't risking it
Yes
Idk what im doing wrong actually… have to find it out but idk how 🙄
What new strats we got guys?
Opened up and went to weekly r1
Ppl sold…at weekly pivot
No real indicators on price action apart from small sell just today
A weekly trade coukd be something like long 1.2130-50 and looking at 1.2350
Dont trade cable much but those would be levels after todays price action if i was bullish
Dollar index at 50% fib levels so might have pull back…i think i shared on friday…not sure if it will hold but def gave reason for pause and small pullback
Or even look at a pull back near 1.2000-1.2050
Am prob going to stay flat tmw…if i see more dollar strength then might look at some anti dollar longs
Bad day but trade running for tomorrow
This range 😵 tomorrow should pump or dump, ready to play in *london session
What time the markets open guys?
What about today since it's a holiday?
I think you answered your own question, it's a holiday 😄
So I guess, market opens tomorrow at regular hours tomorrow.
I went here: https://www.tradinghours.com/markets/nyse it says open in 19 hours.
View 2023 New York Stock Exchange (NYSE) Market Holidays, Trading Hours, Market Cap, Contact Information and more. NYSE is open M-F, 9:30 am - 4:00 pm (EST).
hey @sinful tulip can u please let me know the name of the last indicator?
Technical ratings
Tomorrow big news 📰 so we have to sleep early 😴😂
ty bro
Can I get some thoughts on this? (I am a beginner learning about SMC and Price Action concepts.
That could be a good trade SL too short though
what would be your recommended SL?
below the previous low
No personally I would wait for price action first
How you know its goin to go back up
so the imbalance is between the 2 OBs. If I put the SL below the other OB, it goes way down. Then the other option is to wait it out until it reaches the other OB or do a short entry from the top. I am learning about imbalances which need to be filled so my SL is tight here to get out quickly from it.
I trade a different style so I cant really give advice
I dont use OB and imbalance
Just wait for price action show rejection down there and then enter trade SL below the lowest wick it makes
when you say price action rejection from the OB?
Reject that support zone
Or OB yeah lol
ok
Lol I mean that would be great but thats if it doesnt break support and it also breaks resistance but yeah possible
How you plan on entering the trade?
what do you mean, how I plan on entering? My trades are already set as shown
Oh so youre putting a buy order ahead of time? Well just try it out and see how it goes
I still think SL is too tight
Same price move hard with news
Best day to blew account or print money 😁
When you have a Buy Order here, and you entry with this small SL you get liquidated in 2 sec bro
I just see an indecision atm
The trade to me would've been enter at previous BOS on short, anywhere in that area, cos I bet on the 30m or 15m it tested that order block with SL around 1.228/9. Right now I would've taken profit and then watched what happened next to confirm if I would close the trade or continue.
Before I would always try to predict like this and get taken out.
Like oh it's just gonna go back up after that big move down ...
Because the candles and wicks looks like that when news come out, they want to liquidate all before price goes in your direction ^^
This is a bit different strategy than what I am learning now. but it does make sense. For me, I am using SMC + Price Action finding imbalances and trading those points with a shorter SL. My risk is also quite low as I am in the testing phase. Literally 0.1%/trade. So it won't affect much. But thanks for the thought process. It does help
Well you're in the right place to ask questions, I've learned so much in the chat by learning how different people implement their strats and asking questions, it's really about what's finding works best for you, defo backtest/replay your strategy
How does ICT killzone work?
Can you share it?
This indicator displays defining ranges (DR) and implied defining ranges (IDR) constructed from two user set sessions (RDR/ODR) as graphical candles on the chart. The script introduces additional graphical elements to the original DR/IDR concept and as such can be thought as a graphical method in addition to a technical indicator.
Additionally,...
Wanted some feedback on this trade. Following the rules of jav v2. However this did result in an SL. Wanted to know if I m missing something here. Thanks.
I entered the same trade 1 candle earlier with a different strategy. Just one of those things really. I can only say its might be due to Europe opening (1 hour before London open). Things are always skewed in that 1 hour period. I got stopped out as well.
Thanks @icy wraith will see for another opportunity during the London session.
@icy wraith would you mind sharing ur strategy?
It's still work in progress right now.
multible wick candles in GBPUSD so i thing the price reverse... entry a short right now
lets see how it plays out 😄
lol...i get sick of that, up and down up and down and still going nowhere 😄
Am looking at a short closer to 1.23 if we get theree
But pretty muted action today
thats all so manipulated...
Look this good and INCREDIBLE news for EUR
and we go down 😄 LMAO
MACD shows a UPTREND and institutions dumb the price ^^
is there anyone who managed to set up alerts to automate the JAV v2 strategy?
Nice! @nimble stump
nice dude! proud of you 😗
Which Strat are you rolling?
Strong alert 45 min pac and play choch bos (often choch)
With big reward
1% risk max even 0.5% risk (50K)
And get best entry in 5 min-15 min
Also check the trend in 4 h to daily to take position in trend but not big factor to considered depend also market move similary pair
Congrats buddy keep it going !
What do you mean with strong alert 45 min PAC? Can you show as an example of trade?
Thanks!
Would love to understand that too 
It's just an alert with only strong
It help me just to see something happen in 45min time but need other thing like:: is a nice configuration ? what last choch in 1h and 15min ? What the trend ? When they top & bottom daily ? Can I finally play with no lot of risks ?
Between asia & london it's so good to enter in this range
But this strong confirmation is from the Premium indicator and not from the PAC right?
OMG OMG OMG IM SO STUPID guys hahhahahahah!!!
I close a trade for a other trade because i was thinking "wow a lot of conformations, such a safe trade"
2 mins later i watched the closed trade goes in my direction and would HIT MY TAKE PROFIT and the other one hits my SL
PAC= Price action
Has the PAC signals?
LUX ALGO Price Action concepts...
OKAY SO i just made a new strat, will post photos and data tomorrow but it has a current 62.5% win rate across all 4 sessions, using only 4 pairs with a 1:5 risk to reward
1:5? 👀
How far did you back test?
2 moving averages and luxes free sessions indicator
Support and Resistance... Supply and demand, ChoC, BoS, thats price action
same 😄
whoops typo 1.5 i meant
Yes, i understand that, I mean the screenshot he just sent, he has alerts on strong confirmations, but that is not PAC, right?
im short in Cable
no thats only an altert for strong BUY / SELL signals on the 45 min Timeframe
thats my setup.. entry 1,22638, SL 1,22936 and TP 1,21941
and now i pray
Congrats @nimble stump
How long did it take for you to pass?
Ahhh haha I was going to say please share
Good luck. My stop is 1.2370 and TP is 1.2040
Weekly trade
What is your sensitivity, ivbeen playing with it, not yet found the one
Thanks wish you also good luck 🍀
31 signal sensitivity but i trade with the Signal Mode „Contrarian + Exits“
@dapper jolt i only have fear about the USD News in 15 mins
I know i squared just now
Will wait
Took 21 pips cable
Break even euro
Taken kids to an arcade so cant sit on phone that much 🤣
Hey guys market is gonna go 👇 down
I think ppi out this week also shd move markets
For sure
Who is responsible for editing the sensitivity numbers of optibot ?
Optibot is responsible
dollar dont fall that hard i wanted ^^
This is something i want understand but i dont… the news come out and its very Bad for USD so why the price goes up and dont down? Someone can explain me that?
This thing needs alot of work , based in his setting, the trades are underwater.
Sensitivity needs to be adjusted manually
Is this because the MM want to sell at a higher Price and push the price up before going down?
Yes sorry it's from luxalgo premium
Optibot won't tell you when to enter
It's just changing the signals location
They are not for entries
I know ! , But sensitivity numbers on optibot if applied on lux premium, its totally wrong
@jagged slate you‘re a pro at trading maybe you know the reason?
U got my point?
Running 12 days sharp ratio 6
I don't understand
What does wrong mean?
It's not for entries, not for exits
the market goes crazy right now
Looks like it’s about to go up
What are you usually trading Aren?
Yes, it looks like, but with big wicks that makes it quite uncomfortable to trade
Euro weak today
Now I just nas100 during NY session
But dollar weak against everything else
And during London session?
I don’t trade London session anymore but if I did I would do GJ, EU, AU
38,2 pips win from my sell position at GBPUSD
Smh was watching this but didnt jump in. Missed it 🥴
I love this pattern detection though....and triangle breakouts 🔥
Good job i managed 20 and 10 from cable and 0 and 55 from euro
Alot of news out…i think inflation numbers from uk europe and ppi from us…also boj
So maybe best sit on my hands
very nice 🙂
Yeah i was also very cautios because of the news
but i always have that feeling im a bad trader haha
maybe in 50 years i can trade for living lmao
Looks like youre getting better already 👍🏻
Maybe a bit but i dont have the results i want to have…
@glossy turtle thank you for showing examples of how to use the pattern detection
How are you doing guys? Wasn't here for a week
@fossil burrow has earned the Lux Level 2 role!

Entered in short here, been wathching @glossy turtle trading against patterns and really liked it on 5m
Yes patterns are my favorite now
Just add few confluence and you got high win rate
Wdym by confluence?
Like add in 20/50 MA and rejection off that and the pattern trend line
Additional confirmation
Like this is perfect
Break of trend line, retest trend line and MA and support zone in this case
I didnt take this trade cause i hesitated lol but yeah
I wonder when this important JPY news is going to happen
tonight at 10
10pm est
Must of been news AusUsd same thing
JPY maybe
Any analysis on GOLD?
buy now ?
Am short SL 1.0875
I‘m short SL 1.8687
i just lost my 3700$ acc because of a stock. This hurts