#๐ฑforex-chat
1 messages ยท Page 31 of 1
IG are good
yes they have a phone number to call and everything
The thing I like also with Saxo is they have a smoothed out SL system ....so when you see those crazy drops or rises of 100 pips in milliseconds it wont activate my stop
So you can trade news and not get taken out from slippage?
2450 ?
I hope
that my op
It lines up with .382 fib level also
Just gotta wait for my support to form, candle close and im in
I wake up for prays at 3.30am so I like to get in 7.30 UTC
and 1.30 GMT is always action time
Aus / Tokyo desks
My trading time is 2am -12PM EST
Ok cool so about same time as me then
Yea pre london to london close
cool
I scalp so trading after 1pm EST doesnt work out for me. Not enough volume
Yeah I go for the day then aswell ...boring as f....
On some days theres volume but most there isnt so i just put in my trading plan 2-12
I try to finish everyday by 1 ...2 UTC
unless decent news or Fed stuff
what we say 2450 right ...come to papa
Yep
I sent u a DM anyways
I didnt see. Discord doesnt tell me until like 3 hours later. I got u
5min still bullish
May not see 1.24500
Moves like this annoy me.. especially when i havent traded all week yet lol way to over bought for me to buy right now. I need more of a discount
Thats why I get up early ...well ist Ramadam so Im up anyway but I like to get in early ear;y
Im about to start doing that.. 1:30 but leave a nice SL under 1h structure level
if lux algo gives a strong buy
When i trade during session i enter on 15min with sl under the candle
if lux algo gives a strong buy without TP and then before you see a TP you get a bearish confirmation, what does that mean
my 5m chart I'm talking about, I'm in a trade
yeah, tbh I normally go for 1:1 R:R but I decided today to let it run lol
and now
it's retraced with no TP
loool
the day I decide to let it run
after two weeks of almost just 1:1
lool
Thats forex for you
Irritating at times
But that bag hits different when it hits so ill deal with it. ๐
lol, I just changed the sensitivity
and now there's no sell signal
so I guess I'm in it
I used to do 1:1 RR but i seen most of my trades keep going.. so what i did a few weeks ago was go back on all my winning trades, take the average RR my trades will run for and i do that now
I still go break even at 1:1
But i dont take any partials
So i go up to up 1:2.5 RR
Cable 1.25 here we come
Just a little over 2 times risk but not all the time. Where ever the next key level is or 1h level
yeah, I just took 1R just now
About to close my charts tbh๐
haha just as I said that as well, I got a TP from the algo
This would have been my buy but price too high
Moves like this dont happen everyday so its cool
Any other day, stopped out๐
Tp would have been hit
Now that I've taken trade in London, going to sit tight for NY
Just now smh
C;mon just tickle 1.25's tonsils
that was me yesterday with Gold
I have a cruise on friday i need a few racks this week ๐
๐คฃ
anywhere nice ?
5 days , MSC cruise line
Jamaica ...nice !! Bahamas ..ok
Wahhh gwannnn breddren๐
Oh I saw advert for MSC today ...they have those apt suites
Dang why you had to do bahamas like that
cos it gone all commercial
Yea im about to cruise and chill like a fake forex guru
LOL
to many Americans ๐
๐
Enter's scene, thinking of trading forex.. you could be like me, pans to a view of the cruiseship
join my trading discord
๐๐๐๐๐๐๐๐
About to take my own lil instagram sponsored video
way too much flour bread white ,flip flop shoes...gold bangles that make too much noise in the airport
Yall gunna see it on your news feed in a few days๐
Airpods pro 2 just came out
Youll be ight
haha
YEEEEES 1.25 !!!!
This is just ridiculous
Malik .... next stop on this train will be 1.2580
Not typical AT ALL for GU so its cool
Facts.. and something told me be up at 1am and i overslept
same yesterday aswell
Woke up at 2:30ish and price gon up 20 pips already
Yesterday I got in at 1.22810 early like 6 ish
Talk about sniper entry holy shxt
But I acted like a cartoon and got out at 1.24200
London time 06.30
Nice to see #๐ฑforex-chat as active today as #๐crypto-chat
Yea on 15 it was bearish candle. Thats why i said the candle after cause it closed support
Plus it closed support on 1.24000 key level. Dxmn good signal to get in
Yeah I thought no way below 1.24 and then went to 1.239... I thought . I was wrong.. you know those moments when you think and doubt everything ... I had one of those
I has allot riding on this
I was planning to hold trades this week
Like on the weekend i legit told myself im holding all my trades this week and GU said โ cant hold if you cant enterโ
๐๐๐
I just moved all my SL to 1.25 ...
Sheeeesh
100 pips in profit bagged
Did u take partials
Or is it your full position
I go based off % not really by pips
Like 20 pips i can make 2 %
30 pips same thing ect
Full
since we started chatting what 9.30 ...you could have picked up what 50..60 pips
Its all good ... we'll get some more
No i would have no where to put my SL
I trade off 15min chart
Ah ok
Yea my only entry was that baby pullback but thats too high for me
I would never enter like that . Way to over bought
Dam that sounds kinda french pornish
11RR is crazy
Ayoo
I think my highest RR is 6 times my risk
Guys I have a question
MY BAD ... 11.01 am
Ask, we may have an answer
time!!
How can I set off the text on the left
Shiii
Ive never even seen that before
I would have a panic anxiety attack with that screen
@echo kiln this man sleep
On god @left flax
Hmm imma search on YouTube
#๐crypto-chat message
Just died laughing
Like im in tears what the heck is this
Thatโs the indicator everybody wanna have
Lmao
Hi, I have a small GBPUSD position at 1.2469, do you think I can buy it back? TP at 1.28 realistic? (I am a newbie in trading).
Booom crispy clean
1.28000?!!!
1.28 is not realistic at this time bro
Bumboclottttt
๐คฃ
Trade level to level at a time bro
Look at the bank levels to the right
Put them on your GU chart
I was thinking 1.258 fast and 1.28 long term
what a easy money on forex
Id target 1.25500 first
Yea shxt aint sweet like this everyday tho lol
lol really forex gave me free money 50 usd i dont understand
๐
thanks i go learn about this
How to CORRECTLY Draw SUPPORT and RESISTANCE LEVELS in FOREX. STEP BY STEP BREAKDOWN
Access to My Online Trading Course: The Swag Academy.
www.TheSwagAcademy.com
This easy walk-through guide shows you how to CORRECTLY draw on support and resistance levels (Key Areas).
We talk about key levels, where you should draw them at, how to TRADE off o...
Go to 4:29
This is where i learned it
gmorning guys!
And i just use it in confluence with market structure, lux algo etc
go to chart settings, scales, uncheck Indicators and Financials name and the other one for value
Good morning sirrrr
You late as hxll Mewtwo
He good now๐
@dreamy narwhal thank you dawg but I did it myself๐ค๐ฝ
Whoops ๐
is gu in bearish trend? or you think that stay there?
โฆ.
Are you looking at the monthly time frame or something
i have 4h... but in this moment im looking for 5m
4h is bullish as heck
yeah i saw that, but gu is at his max level price
since 1 year
sorry i'm not an expert, i do little operations to understand markets
take in account fundamentals
dollar is going to shxt right now
Trump indicted
Biden trash
๐
so i have to consider a combination of more factors.. yeah got it!
Of course my man. Technicals first tho
I use forex factory aswell as the news tab on trading view and thats it
my little consideration
how about wuarter levels? where can i read about settings to understand?
๐ค
I only use 5m for precision entry not for strategy and sentiment
4h and 1h๐
and those SL Tp's look a bit wacked to me ...buy I dont use them so
They can be adjusted
About to take me a 30 minute-1h power nap, will be back on the charts for pre New york
me too
so loud in here love it
this chat has changed a lot like on what it was a year ago, it used to be dead lol @blissful leaf
@echo kiln can confirm how quiet it was๐
well crypto took a beating in the last year so people moved back to forex 
yeah๐
did my 1% today and NY is still to open
how to see when is NY open and close?
google it. ny opening times
you could as well use tool on tradingview that highlight sessions, or use session breaks
๐
๐ค
๐ซก
๐๐พ
Afternoon, whats going on
Great trade on GOLD on 15m today
Waiting for this news release
Very nice very nice
Jesusss
dxy is getting rekt
Gu pushed and left no bottom wick
Close yuh bloodclot chart dem
how did I get out
just before
looool
profit is still profit but boy
that would've been join you on the cruise money
Try what im doing on some trades
Go breakeven at 1:1
But dont take partials
Hold to the next zone above / below
Mannnn๐
just looked aswell ....om days... havnt even seen slopes that steep skiing
I got 2 hours for trading time lol
you could tickle GU with a feather right now and itlll go ....oooooh and jump
@fresh sparrow how sensitive signal are you using?
what are your settings?
@fresh sparrow
Guys ..lets make the most of this volatility, making decent oodles and noodles...
@echo kiln what happened to the posts you made yesterday
I was looking for them to do some research on your strategy
why did I come back @echo kiln why am I seeing Gold at 2020 now
lool
Old Jav
huh? which posts, should be all there
maybe wasn't forex chat, maybe vip-hangout
what was it about?
there you go @fresh sparrow
one of them 3kkkk posts about the strat
happy backtesting
no no no, maybe I was dreaming
you were basically showing how you use the 15m to plan a trade then 5m for the entry
you were talking about the new cloud all the other things
oh, should all be there
let me try to find
What are your lux algo settings
here u go
this may not be the post, but i think it was around this time
thread starting here @fresh sparrow
you can just ctrl + f @echo kiln's name and go through the posts
yeah, somewhere around that time yesterday
Cant make the best out of anything if my entry signal isnt presenting itself lol not tripping tho
I dont think were done yet ..higher rates in Europe, US Economy not looking healthy at all, inflationary pressures mounting again
Powell ..clueless
15min is makiing double top
Off that 1h resistance
Lets see if it breaks
If i can get a nice setup im targeting 1.25500 mid level
If not, back tomorrow.
Its not gonna break today ... they might sneek past during Oz/Tok
I refuse to counter trend trade
Got clapped to many times last year doing it with fomo
I got you
2-1 last week , up 2.5%
No trades this week
Oh well, still in profit for mi cruise
EU going crazy like never before lmao
XAU
This the shocker ..last time this level was what ...Aug 2020
Neo Cloud always your friend, you just have to bring down your walls and let 'em in your world ๐น
OH hold on, i got something for him
Look where he got out
1992 now its at 2020
๐ฐ
profit is profit
@fresh sparrow @viscid shard With this layout, you can analyze the long term trend with no issues, so easy
Yeah, dont be taking shorts on gold for these pasts months, weeks, days, seconds? LOLLLLLLLL
Bullish as heck
yup, we joke, but this layout tells you what your brain should be doing
go ahead, take your shorts
LOLLL
on it
emotions won't let u hold them
its tough for sure
and you need a huge cash sheet and extreme risk management
last nfp gold dropped $60 in a few hours
or take a tiny lot size and hold for log term, cant hurt if it's a tiny lot size according to your accont
1 lot = $6k on that drop
its all relative, depends on the account size
if I had $100 in my cash account, you know what I would do?
get a hooker?
close, very close guess, I was going to say I would get a BigMac combo deal
๐น
almost 2% up today, might call it
shut it down
Dollar index, keep it close
How can I change the color of candles because my candle color never change ๐ฉ
are you asking to turn purple?
Someone selling gold guys
what you guys think about aud jpy so much collapsed
Audjpy looks like a pullback might happen today it might depend on the movement of other pairs like the s&p 500 a lot
Im worried or better called stingy hahaha what if it keeps rising to 2070
But the zn1 is arching to the downside

Also i mighty push for gold could be happening
who knows lool
i bought it already let's see what gonna happend
U could argue about waiting another 30min
Anyone signal ?
gotta love daily harmonics

what indicator do you use for TP and SL?
@tawny gulch has earned the Lux Level 1 role!
I see harmonics and I automatically think of IMLโฆ
๐ญ
IML not good?
They ruined the forex industry
They are the reason i say i day trade and not trade forex
Everyone thinks its a scam
Because of IML/MLM groups
Join Private Chat Room - https://launchpass.com/doyle-exchange-private-chatroom/private-chat-room
Doyle Exchange Course - https://doyleexchange.com/
Broker I Use: Hankotrade - https://login.hankotrade.com/register?franchiseLead=ODI1
Book 1-on-1 Session: https://doyleexchange.com/collections/one-on-one-mentorship
_____________________________...
Education also not good?
Watch the video
okay
aud/jpy is like a rocket damnn
Yea it melted
Here we go again lol. I donโt even want to go in on this but Iโm glad i got out of that bs company
I found out about forex from someone trying to recruit me and I didnt think it made sense for me to pay monthly just to learn how to trade when theres Youtube University
Gold last resistence before doWnsides might begin๐
so gold short?
Does your strategy tell you to go short
now yes
If your strategy is telling you to go short then you dont need to ask. Dont fall into sentimental analysis
Take the trade, manage your risk. If its a losing trade then see what you did wrong, learn from it and move on. But dont ask other people if you should go long or short. Will mess up your own analysis and can make you gun shy when entering the market
I could see buys, you could see sells. I tell you im buying and i lose, you take the buy aswell and you lose to. then your sell trade plays out and now youre pissed
Everyone sees the market differently
i understand i understand
๐ค
this is my second day to trade forex i trade only crypto but i learning
I feel you. Technical analysis is still technical analysis tho. You just have to adjust to the system. Learning lot sizes etc
@maiden hare Hello Avi .. Welcome :)
Thanks bro - much appreciate it
you may ask anything related to Gold and forex chats
for crypto and stock there are separate chat if you have or wanna help someone in strats ๐
Welcome Sir๐ซก
I am not Sir bro, I am one of you...
Thanks Bro - trading Gold and Indicies at the moment. Would like to concentrate on Gold and Forex
you guys only trade gold or everything?
There are tons of traders in here who trade mainly Gold and forex pairs ...
If you need help @viscid shard is there in here or if you wanna learn UJ then there is expert in here @echo kiln
A scalper trades everything and anything in the market .. All depends on what Trader are you ?
Looking forward to learning from the guys
@viscid shard nice to meet you
What pairs are you trading
Guys - is the US NFP still on this Friday?
I usually trade US
Yes
US?
I usually trade US30, US100 and US500 - then have moved to Gold for the last few weeks and i have to say its been great.
Dangerous trade , alot of bearish momentum. but quick lil scalp, hold a runner if it does correct the entire move. that engulfing candle at the zone is entry
I have seen the GPBUSD and AUDUSD pairs but I have to understand it before diving into it
Thank you. I think EXNESS is closed for trading though...
Are you an indicator based trader or how do you trade
Apologies - hit the enter button in error
Only doing 0.5% risk so not too much of a loss, but RR is good. Hopefully goes in my direction, all the confluence adds up apart from like you said about the momentum.
I am a new LuxAlgo user - so still in my infancy stages. I use the indicators in the basic setup and have begun to use orderblocks and FVGs aswell. I tend to use the 8/21/50/200 EMA as well.
Thats good. My normal is 1% risk , on trade like that id do the same.. 0.5% risk and see it play out. Risk management is ๐
Gotcha gotcha
I started journaling my trades on trading view, check em out see if you can take anything from my breakdowns
Definitely having a look
When you look at my breakdowns, please take in account how many candles are on my charts
I use recent price action
I dont zoom all the way out
will do so
๐ซก
Hi Malik, I follow you on TV. I scoured this chat to see if you explained what it means by "flip". Is it a break of structure of a HTF / candle close above an inflection point?
Nah, so basically when i come to the market everyday during london, my plan is to scalp that 4H candle
1am -5am EST 4h candle
So i put on my chart where the 4H candle flips from bullish to bearish
If i see a setup on lower timeframe around the area the 4h or daily flips , high probability , usually alot of volume comes in
This is 4h timeframe on the GU move today
This is 30min timeframe on the same move, and you see how its a break and retest
Engulfing candle
Boom, take off
Understand now? Or need some more clarification
Let me know
how do you guys calculate position size? i'm using babypips position size calculator but i was wondering if there is easier way like some tool etc...?
you on metatrader 4 or 5?
mt4
dm me
unsure if i can link youtube videos here
or google easy order mt4 and get the first youtube video / the first link for forex factory
I use mamba fx clarity forex app
He has a risk calculator
easy order is drag & drop on mt4 and does the trick. for mt4 they have position sizer
Free
Stinu app is good too but you have to pay
So use clarity. Been using it for over a year now
This is good too
Which candle, the previous one?
The arrow is pointing at the candle
But that candle was not closed yet, and it's bullish, not bearish
Oh youre asking that
I know it hasnt closed
Im trading the live candle lol
1-5am candle and then 5-9am 4h candle i move my line to that next live candle
The candle didnt close but you can see the setup on lower timeframe happened where the 4h candle flipped
Thats my point of putting it
Its just extra confluence
The 1h had bullish market structure so my bias was already buys, then you see the 30min break and retest setup ,the 4h candle flip for added confluence, support formed on 30min, engulfing candle etc
Let's say you open the 4h chart, and the candles are bullish, with no bearish flip and no pullback started yet... Do you simply wait for the bearish flip to start on the 4h or do you drop to the 1h and search for a bearish flip in there?
The candle can be bullish or bearish. Every candle has a flipping bro . I always put it because i always have 2 bias when i trade so if 1h was bullish and i was looking for buys , didnt get the entry and structure broke to the downside, switch my bias to sells and wait for a setup
Lets say im looking for buys and The 4h is already impulsing and its 3am EST, london open. I could be 30 pips away from the candle flip but will still takes entries of course because 4h is implusing to the upside, 1h just pullback and is starting to impluse to the upside now
Example, look where my candle flip confluence was and look where i entered
Now here again on 30 min you see a break and retest above it now, the last example the break and retest was below it
Support formed, engulfing candle, entry
Is there anyway you can send a screen shot of your live MT chart so we can see the entry on these trades? its very interesting indeed, simple strat for sure
cool awesome sauce man!
But yea its super simple price action strat
or you can send a past trade you did today or yesterday, that would be cool too ๐ 
I havent traded all week ill send one of my trades last week
Like this?
@echo kiln
Or send this while its live?
Im Confused
oh ok, doesnt MT chart show the actual trade executions (enter and close) like TV charts do? not sure, i dont use mt
hmmm ok, thats odd
Thats why i leave all my trades like that on my trading view
It also helps me when i need to go back and review loses
You see on the right, all the highlighted numbers
Thats all my past trades i left on my charts
oh you manually mark those past trades up on TV?
Yea lol how else im gunna see my RR
When tp hits i dont delete anything
I leave it there
I delete all my analysis markups but the trade stays on my charts forever
Thats why when lux wasnt working on FXCM for me i was tripping because i had to use OANDA and none of my past trades are on oanda charts
I will read all again because i think that now i got it what the dang flip means ๐
You mark the point inside of the candle that splits the bullish part from the bearish part of that candle (which in fact is the candle's opening price)
Yessirrrr
Opening price
I do that with daily, 4h and 1h candles
Entries on 30 and 15min
Will read again, i have more info now
๐ซก
I have 9 confluences total to my strat. Ill send a pic
Lil sauce for the lux group๐
๐ซก
MA = Moving Average
you should see trades after they're closed on MT
This is mt4
Maybe yours , but not mines
๐คท๐ฝโโ๏ธ
Doesnt matter to me tho, i leave them on trading view
Yea i dont have that
but you need to scroll left to where you took the trade
rekt
Nah, trading view๐ซก
least you have MT back in applestore
Yea, i never deleted it tho
If you didnt have it downloaded you were screwed
but when it was gone i still had it on my phone and ipad so i was good
i can't read the price if i have so many labels lol
Nah im able to easily see it. I have the white line on my chart for price and youll see the numbers changed
Dont forget i dont trade zoomed out like that
if it works for you then it's gucci
I enter on candle close so im always watching the timer so its easy to see where price is
๐๐ค
Thats only half my rules
Everyday i have my rules up with the news tab column open on the side
Like so
That and forexfactory is all i use for fundamentals
Boy
If you dont delete
Before smack gives you the boot
Trippin๐
Yep๐
This is your malik doc for now๐
Mines is support, candle close = buy
Resistance, candle close = sell
๐ซก๐
But market structure always comes first
Thats why its #1 on my confirmations
I put them in order for a reason lol
I dont enter until i have my first 3 confirmations. No less then those 3 to enter a trade.
Pump up the jam ๐ ๐น
Hey new here. I was wondering if anyone can recommend a good LA Oscillator to use with the Signals and Overlays indicator to help with entries.
Hopefully this hasn't been answered yet and I am not late ๐ you can click on your Metatrader chart scale, select settings, and flip trade levels and trade history to true, then you can see your past trades on your Metatrader app.
I am still unsure about what you mean by candle flipping but I will back read again too ๐
Live example
On 5min chart
Happens on every timeframe. Every candle has to flip .
Funny how as soon as i got done typing it flipped bullish
I take this back. Some candles do not flip and make no bottom or top wick. But that usually doesnt happen often on higher timeframes
If you mark the opening price of a candle with a line, it has always two sides... The bullish part above and the bearish part below... The flip is that point in between
Yessir
Cool! And thanks for the live example!
Hope someone can help you with this. Dont mean to leave you hanging. I dont use the oscillator so i cant help
๐ค
The Ultimate MACD
Morning everyone
Mornings
Wah gwan
waah gwan me bredrin..tell me nah
Mid week reversal day๐
Yep ....
Lets see what 7.30 brings
we got BOT and ISM today
Yea 7:45am est is my cut off time today
ok
I dont do red folder news
I have to try this - thanks for sharing
No problem
Are these strictly the times the candle flip strat works bro?
Sorry - I meant to reply to this comment...
Trade during your pairs session and youll be fine
Its not a strategy its a confluence lol
The strategy is price action
Hello Malik, how can I identify this key levels that you have on your charts?
Each pair is different but the round numbers
For example golds key levels are 1800, 1850 etc
Quarter levels are the highest respected
Are you in? @left flax
Im tired as heck too lol
just up
Hey guys where abouts do i go to find strategies that work with luz algo indicators?
which ones do you guys have success with
In this video I showcase how to trade the 5m with Lux Algo and increase your profits and chances of identifying reversals. Make sure to leave a like & subscribe for more trading strategy videos!
Get access to Lux Algo indicators: https://luxalgo.com
Lux Algo features used in this strategy:
Reversal Zones: https://docs.luxalgo.com/lux-algo-pre...
Try this
Get instant access: https://luxalgo.com | From all of the 20+ features in LuxAlgo Signals & Overlays, there's a lot to choose from which can raise many questions. In this video we show how to navigate through the toolkit to specifically find trend confirmations.
Trading is risky. You must be aware of the risks and be willing to bear any level o...
demo try it first
Or this
I was going to for the 7.40 / 2479 ...but was reading something
Im 6 pips away from tp
My overall tp is mid level 1.25500
its gotta go for that 25250 again for sure
Perfect !
usd getting bullied again?
4h & 1h Bullish Market Structure. Price is above the daily / weekly pivot levels, 1H & 5min Moving averages, aswell as the 4h and 1h candle flipped Bullish. Initially 15min structure was bearish, but price formed 30min Support with Engulfing Candle breaking15min structure signaling for entry. 1st Target was 1:1 RR, stop loss to breakeven with i...
Yea a little
Was supposed to be bearish today for mid week reversal but i was seeing to many bullish confirmations so i took the buy
@left flax i went to 4 charts.. had to adapt with all this momentum and go back to entering on the 30min. Now im entering on both. 30min for backup if i miss my 15min entry. Which i did today but 30min saved me๐
I was supposed to get in at the 1:30am candle but got in at 1:45
Morning ๐
Price hit the resistance and reversed
I know, that 1.25 is strong so far ๐ฅบ
Yep yep
Oh well
I haven't got a trade in but I was expecting explosion from 1.25 to 1.255
I still werer going to see 256.. today
Yea
Banks know what they're doing ๐คฌ hehe
Maybe ny sesh or tomorrow
Tney do ...but Powell is the clown in the circus
excuse my spelling guys ...its normally another coffee time .. but its Ramadam and afsting
I'd say give it time, let it brew โบ๏ธ
You good
I'm making coffee now ๐ it's alright bud
That's good, have a bombastic one ๐
@real oar where was you yesterday ...we had a blast
I missed being here yesterday, but had a good trading day ๐ x
Ok cool
@left flax I'll me more active from today on
Mon ..Tue on cable been giving away the pips
Yeaaasss
Took both hehe
Monday and Tuesday vandalised the market hehe
Went longggg
@left flax I hope you did your week ahead analysis on Sunday ? :3
yeah Malik and me got it down to the exact entry candles
Tell me time and I'll tell you mine, around 7.30-7.40am took it
I did ...but didnt think to pick up 200 pips in 30 hours
hahahha 7.40 yeah
Hehehe, it's trading ๐ anything doable hehe
N way
Noo wayyy @left flax
Was that Monday ?
Yeah normally I wait for 7.30 ish ..but Monday looked to good
London UK session - one off the best moves
yeah for sure ..... I couldnt trade Us time ...boring af
@left flax sometimes I avoid the too goood setups ^^
Btw nice to see people entering around similar timescale, means you know your shit ;))
I have to types of accounts 1 with Saxo ....who you know and the other with gains.trade for shits n giggles and high risk
for aure
Sounds interesting, I try to stick my entry points and keep to one trading account, I find it too much fafing about then
I gotta do those x1000 leverage trades to break my day up a bit
Saxo is my def serious ... acct for trends .. etc
NO SL guarantee on gains.trade and you tarde with arbitrum/dai as colat
its fun ... no promo ...as its not for the faint hearted]
I can imagine the movement
Overall trading is not for faint hearted ๐
Especially x1000 leverage hehe
So you saying no SL ?
hell yeah !!!!
I don't know how you sleep at night haha
I cant bang the same drum day in day out ...I like a bit of bells n whisltes
You in London .. Uk ?
Nice ...
What about you?
E14
Elaborate please
Understood, probbly round corner from mine heheh
AA I see
East End boys with West End girls
So you only focus on Forex or you wonder to crypto etc ?
I do crypto ..ETH ..TRX ..MKR
lol
Ay, you're all near me @left flax and @real oar
Don't you think if you trade too many things you get too much ? Or you like the pressure? ๐
We should do a meetup hehe
๐ฏ
we all Londoners !!!
I mainly do cable 805 of the time ...bit of crypto
80%
90%-95% here for Cable, I like the pair :3
But you're right, I think understanding multiple pairs is GOD. @left flax you been doing this long ?
Yeah quite long time ..used to live in Tokyo with BARCAP
Wow, what an experience with the Tokyo ^^ never give up ! ๐
Loved it ...cos they paid for everything
11US$ for a shot glass of 100% pure orange juice
๐คฆโโ๏ธ
crazy prices there .. go out with clients ... end up spending 4..6k and finished like 7pm
Perfect ...no safety net ... guarantees success
Ok guys ...be back in a bit ..just going to chill for a bit
Determination is key too my g ! We can do it ๐ I'll catch you later, have a good rest, and don't look too much ^^
tokyo is nice. if you want a quieter tokyo go in Osaka
Thanks ๐
Balance of Trade announcement coming in 10 mins, be careful guys
Usd about to be bullied again๐
XAU hitting $2050 today @fresh sparrow watch this space
๐
watching the space ๐
I actually took a short at 2030 to 2025
dared the 2m chart
Be careful of HA candles when trading off of levels and PAC, HA may not provide the most accurate levels, if your going for precise figures etc 
why do you say that?
catched these two scalps on gbpjpy
wow that was a big move
wth was that
$8 insta move on the news
and' we're back at 2023
i didn't touch it at all. foa the spread is like 80 ticks pre and post news on mff
Because HA bars are formed differently providing pros and cons. The cons is inaccurate price entries, levels etc. the pro is gives you great trend visuals. Look it up
imho
Because if your using HA bars and overlaying LUX bar colors, you have a double whammy that will give you great trends, but thereโs give and take
If your caught in a false breakout on one of these HA bars, the SL may hurt you
BTW, I like HA bars ๐
They're actually fake candles... The price is not really there... Each bar is an average of the previous one, not the real price
Maybe good for swing trading, surely not for scalping
Thanks so much Malik. I'll make a PDF and watch setup unfold live.
๐ค
Did you see my breakdown for my trade today
Not today sir , should be tomorrow. Its wednesday. Mid week reversal day
quick scalping on Gold today following the trend buying at trendcatcher then taking a partial at TP.
Beautiful my friend
thank you
Ahh, 2 more days before mi cruise๐๐ซก 1 more trading day
Incredible stuffs, thanks for taking the time to decipher for us. You also use 5m as well, right? From your chart markings.
Barely
I do not enter on the 5. I use as confluence for my 15 or 30 min entries
So if im taking a 15min buy, 5min structure needs to be bullish
15min sell, 5min structure needs to be bearish.
Ive taken to many losses not waiting for the 5min to shift before taking my 15min entry.
Heres a little tip on my market structure strat. If the 1h is bullish, but the 15min is bearish, the 1h is RETRACING. If the 1h is bullish and 15min is bullish, the 1h is impulsing to the upside
Same goes with how i use the 4h and 1h, if 4h is bullish , but 1h is showing bearish market structure, the 4h is retracing/pulling back
Here is a perfect example
You see how the 1h is doing a simple break and retest, and the 15min structure changed to bearish on the 1h retracement.
which is the best platform for forex in canada
Florida here. Cannot help sorry๐ญ
Gd evng Sir
Sup
How are you
Good my friend. About to cook up some breakfast
India
Ah okok. Make sense lol
So, before you go for breakfast... Please help me with something
I got my phone on me, whats up
I have listened and read and seen so much of YouTube videos.... But still i wanna know (i know its a noob question) what to actually see in a chart.
You need a trading plan. What kind of trader are you
I have tried indicators, S&R, supply etc
But nothing seems to work for me
Then trading plan or setup
Whats not working, youre just taking losses? Are you closing trades early?
I use Oanda
I actually don't know.... When i am in profit i just book it in 10-20 pips
When i am in loss, i am a positional trader
Whats your risk management
Still holding a gold sell trade from 1815
Do you do % based risk or go by pips
Thank you
No risk management, just keep adding funds and keep holding losing trade
Please help me in building a good setup or set of rules which i can follow
Download clarity forex or stinu app. Use risk calculator. Do 0.5 - 1% per trade. Try that.
You already told me that, and i send a screenshot that those are not working for xauusd
Hmm, see if someone else knows a risk calculator for gold
Now after so much losses and time i have build a strategy, have it backtested, and found it profitable in results
Trade with the trend, use support and resistance. This will be pretty much all you need to trade succesfully. Indicators add confluence and give you confidence on the positions entered. I trade Gold and silver. I have a rule of 1 trade per day, otherwise my mental capital gets drained.
Yep , good advice. As you can see by my rules mines is max 3 per day
Im usually 1 and done
Thank you Sir... I am only trading in gold
But i am overtrading
Well stop over trading. Once you get a bigger account, you will automatically not want to trade as much. Backtest with a 50k account and risk 0.5 - 1% per trade and see your results. Max 3 trades a day. 1 and done if winner
Perhaps i have said that earlier... I know that how i can be profitable but not able to implement it
What help me get funded was patience. It took me 3 weeks to pass but i passed with 75% win rate , 1 trade a day
what you need is to stop focusing on your trading strat and start looking into trading psychology
Thats why i asked him if hes closing trades early etc
That was my biggest problem in drawdown
Overtrading is killer. Someone can be profitable and make 20% of their account and then bleed it all slowly to opening and closing positions. Its happened to me, still trying to improve on that
Yes same is happening with me
that where you go wrong taking profit too early because your scared of losing profit or letting a winning trade stop you out because you dont want to be wrong. most traders lose more trades than they win. your ego shouldnt play a part.
Making profit in 9 trades and then lost all in one
How tf
exactly
I have same problem of fear
or reversing a position every minute because it keeps changing
Yes
Everyone goes through it. i legit am diagnosed with anxiety so yall will get through it. Its just a phase
This is the key really. If you can apply discipline to all aspects of your life you will be sucesful trading
I once made 136 losing trades in 6 hours revenge trading. blew 120grand when i first started. almost quit after that day
it is a real problem
I used to get โbutterfliesโ in all my trades. Now i can place a trade and walk away
hey guys i am new with trading and us elux algo but i cannot make provits
our brains are not built for this. take your emotion out and become a ffixed machine
Had it and tried to take revenge from market and blown up account
Trading has changed my life. As a person
Im wayyyyy more patient
One trade and walk away, give it time to breathe then check on it only later
People dont piss me off as much anymore, im way more tolerable then i was 2 years ago with difficult situations
And as i said, i have anxiety. So youll be already. Just dont give up
can somebudy teach me how to read candles
What helped me with my patience is waiting for candle closures.
Youtube university.
It may not feel right or good but will you please mind to share any strategy for entry and exit with position sizing
Reading candles isnt hard.
Look up โ the secret mindset, candle stick cheatsheetโ
I cant send links anymore
on youtube?
Sir, may i have those rules in any format which you have shown in screenshot
thank u malik i open youtube now
Type that in, youll see a video with 213k views
From 2 years ago
i found it
imagine an ai looking at the market. imagine you being that artificial intelligence. picture what it would see. it would see nothing but an atm. it watches the patterns repeat like waves in the ocean. as a captain of a ship in a storm you dont try to fight the wind. adjust your sails and work with the current. if the market is going down when you thought it would go up but holding your trade anyway watching yourself loose money tic by tic with a hope you were right but the fact is it doesnt care about you. if you didnt care about it you would say okay i will take some time to watch you and when you show me the direction you want to go in i will follow you.
Sure I trade with support and resistance, volume profiles and oscilators. Only enter trades with the trend. Stop loss below the previous support, Take profit at either ne of mygreen fib lines
Backtest then tell me your win rate. Do like 25 trades
Also take in account whats the average RR your strategy gives!
I used to do only 1:1 RR. But my trades run an average 1:1.5 to 3:1 RR
Took this trade yesterday
Sir, you are perfectly right, but when i am stuck in a trade i just see what i want to see and not what market tries to show me
Silver and gold ๐
What helped me aswell, i know when to cut my losses early
Thats why i focus on market structure
Market structure and following your rules is key
Also, success is slow. Its like losing weight you wont notice it one day to the other but in a few months youll be happy you stuck to it
No, i mean can you please send me those rules in written format on telegram or gmail etc
A few have detailed theirs strats here in a few posts, just create your own format
Man if you dont save my screenshot and retype๐
Do not forget my rules are tailored to my strat and my phycology. So take pointers from it
Like my goal is only 2-5% per week
No, i have already downloaded it but there are something on the right which i am not able to read
Only way you will win is by learning and following your own strategy. This is a tailored approach
We have generous traders that are willing to help by detailing their strats with screen shots here, that is more than we can ask of them. Just collect/save them in your own way.
Sir, please dont get me wrong.... I just want it as a reference like how to make my own rules and setup
scroll up, its there in written format
How do you add these notes boxes on tradingview?
I really very well know that each and every trader is different from others
there are TV indicators that create notes for you on the chart, and there is the TV drawing tool to add notes
Great thanks!
Yep
great stuff very organized
Thank you very much Sir ๐
OK, then take screen shots of each traders strat here and save it to your computer
Thank you sir
Sure sir
Save it, im deleting now
That's the only reason I am able to ask for help.... I am here for more than a month now.... I am seeing people are very helpful here. So i thought i may also get answers for my noob question and doubts
Already done sir
Sounds good.
But following those rules made me a profitable trader. I leave the screen on everytime im at my charts
sorry mate what was your strat
if you dont want to post it
couold u kindly dm to me
im intrigued
Market strcuture
why did you delete then?
I post my trades on trading view too
