#💱forex-chat

1 messages · Page 33 of 1

viscid shard
#

I only go for 2-5% a week

tawny sandal
oblique siren
#

bruhhh

#

to the moon

viscid shard
fresh sparrow
#

Here, I enter when the candles go red, I normally place my SL above the last order block, which is why I was wicked out on the liquidity grab, so I look for trend catcher going green to red, purple on Oscillator, on the 15m it was definitely looking to short as well as trend tracer going red.

#

Sorry, to also explain, when I see the purple candles, I wait to see how it reacts to the order block that it's in.

oblique siren
viscid shard
#

Slowly

fresh sparrow
#

So in this case, if breaks the order block up, it's false, but if it's down whilst red it's true and it's bearish.

viscid shard
#

Ive seen people do like 10% weeks on a 50k account to bag up.. but i only take like 2-3 trades a week

#

I got anxiety i cant trade that much lol

fresh sparrow
#

when I saw the liquidity grab and it still close under both order blocks I knew opening the short again was valid.

fresh sparrow
#

The only thing I need to be more confident on is taking profits

#

As in, I take profits too early

viscid shard
#

Leave a runner

fresh sparrow
#

yeah yeah

#

cos look

viscid shard
#

😂

fresh sparrow
#

hahaha

viscid shard
#

Take like 80%

#

And leave runner

fresh sparrow
#

780 pips

#

madness

viscid shard
#

And then trail your stops with market structure

#

Dont leave SL at breakeven

fresh sparrow
#

yeah good idea

#

for next week

viscid shard
#

Thats my trailing strategy

fresh sparrow
#

Also, just analysing market structure etc will help

#

With Gold rising up so fast, look at all the FVG's

viscid shard
#

I only do that if im up 2% tho

fresh sparrow
#

it's definitely caused an imbalance

real oar
fresh sparrow
#

which at present is looking to be filled, that's why when the guy said to me 2050 on that day, I was like we'll see

viscid shard
#

Now im down .2% overall even with 1 win 1 loss

#

Since i didnt trail stops

oblique siren
#

any reason why my macd squishes when i try to add overbought and sold areas?

fresh sparrow
#

@viscid shard so you only trade EURUSD?

viscid shard
#

You jokin right

#

EUR

#

USD

#

😐

fresh sparrow
#

loool

real oar
#

XD

fresh sparrow
#

I got lost in the chat

viscid shard
#

Bumboclott

fresh sparrow
#

GBPUSD?

viscid shard
#

GBPUSD IS WIFEY

#

💍

real oar
#

Ya man !

fresh sparrow
#

ok, I've actually been looking at that

#

to move from gold to GBPUSD

#

it looks the same as gold

#

lol

viscid shard
#

Just backtest how gu respects break and retests

fresh sparrow
viscid shard
#

U dont even have to mark up anything

fresh sparrow
viscid shard
#

Just use your hindsight

#

Take off lux real quick. Go to gu 4h chart and just look at all the pullbacks

#

Cant make it up. Respects it beautifully thats why i only trade this pair and other reasons i mentioned earlier

fresh sparrow
#

Interesting

viscid shard
#

💍

fresh sparrow
#

I did those blocks without Lux

viscid shard
#

Exactly

fresh sparrow
#

but then when I turned it back on, it was almost verbatim

tawny sandal
viscid shard
#

My man i made $700 in 17 minutes yesterday and took my axx back to sleep

#

That is why i trade

#

8 hour is for 9-5 workers

fresh sparrow
#

hey hey don't knock us 9-5 workers

#

lol

#

I like my job

#

I'm an engineer for a fintech

viscid shard
#

I love yall 😂

#

Im just saying😂

#

Trading is freeeeedommmmm

tawny sandal
fresh sparrow
#

I think I'd always do engineering lol

#

I like trading but I can't just make money and chill

viscid shard
#

I show up at 1:30 and look for setup

#

If i see one as soon as i get to my desk i take the trade

#

If not, i wait and check my phone every 15min to see how the candles are forming since i enter off 15min candle close

#

Or 30 min

#

I set alarm on my apple watch for every 30minutes until i place a trade

#

That forces me to be patient

tawny sandal
viscid shard
#

1:30 EST

#

Am

#

Then every 15 or 30 minutes i check for pullback setups on lower timeframe to go with higher timeframe trend

fresh sparrow
#

btw @viscid shard I'm the same as well

#

I try to take max 1 - 3 trades a day

#

preferably 1

modern pecan
#

Hi all Elon

real oar
fresh sparrow
#

oh 💯

#

I know it's controversial but I actually learned on demo

real oar
fresh sparrow
#

I set it up like how I would actually trade and blew the account like 4 times

#

and then learned everytime

#

That's the first lesson I learned when I saw like 35 trades in 1 hour...

#

💀

real oar
fresh sparrow
#

Oh, 💯 PA ftw

#

trading with the trend

#

etc

#

I used to think I was the oracle

#

knowing every reversal

#

loool

fresh sparrow
#

I'd be watching something go up and be like, time to short

#

and then it'd spike up more

#

and I'd be like ok, it's definitely going to short now

#

and then it'd go up more

#

then I'd be like ok let me buy

#

then it shorts

real oar
#

Remember bank levels and sup Res+ trend and you should be Gucci hehe

fresh sparrow
#

trust

#

looking forward to next week now the chat is popping

#

let's get some good gains next week

real oar
#

If kept things simpler it's much easier to see everything 🙂

fresh sparrow
#

💯

real oar
#

This upcoming week will be FIRE 😉

#

I've marked this month as a green, law of attraction baby 😝

fresh sparrow
#

definitely

#

what do you trade @real oar

real oar
#

Mainly GU my baby b

#

I sometimes have a good dab at GJ too

viscid shard
#

Oh u like taking vacations to wick city

real oar
#

Trying keep it GBP based, but wanting to discover gold section :3

real oar
fresh sparrow
#

Yeah, I'm going to have next week

#

GU and GOLD

#

I don't like really trading US30, or US100

#

if I'm honest

real oar
#

I don't do those, I stick to 1-3pairs and that's me :3

oblique siren
#

wait how have you lot got different coloured macd's

fresh sparrow
#

who are you asking @oblique siren

oblique siren
#

srry mb should've made that clearer

#

you

#

since i don't like using the normal red and blue on the macd

#

forgot i could edit messages

fresh sparrow
#

These are my settings, didn't change colours or anything

oblique siren
#

ok cheers tho was wondering why yours was a different colour and i couldn't edit my colours thats all

#

thank you

fresh sparrow
#

no worries @oblique siren

real oar
#

@viscid shard where would be a good place to search and endoulge into funded accounts ? If you dont mind sharing would be great 😸

viscid shard
real oar
#

On it now much appreciated 🤍

viscid shard
#

Yessirr

#

I would send my propfirm but as i said commissions are a little high so dont even bother

#

My end goal is to be funded by all 4

#

Have 1.2mil in funded capital and use a trade copier

real oar
#

Trade copier so each trade is opened at same time on all platforms correct?

real oar
echo kiln
#

Doesn't everyone think that the "liquidity grabs" wicks that everyone is chatting about around 8:30am NY time, is actually alot of news release that came out at that time? Look at most pairs, they all had a violent wick at that exact time due to news release. So im on the side that says and believes the word "Liquidity grab" is a fancy word that means nothing and is just hog wash really

#

So when almost all pairs had that same violent wick at the exact time of major news release 8:30am NY, does not mean liquidity grab in my opinion, because all of these pairs cant possibly have the same resting orders, open orders, unbalanced areas etc at the exact same time. Think about it, it was major news release at 8:30am NY

#

Major news out of Canada and USA at 8:30am NY, and most if not all pairs experienced the high volume chop wicks. This was just news release action as always, nothing else, no other fancy word to make us look smart, just plain ole new release action. IMHO

#

Because when you're on a higher TF, you dont see these so-called "liquidity grabs" wicks. All you see are normal candle bars.

#

If you bring up a 1 minute charts, you will see alot of these so called "liquidity grab" wicks, and it doesnt mean there is actual liquidity everywhere on the 1 min, because it doesnt exist on higher TF's

#

Just trying to get a few of us here to not fall for these fancy words because they dont exist on other TF's - IMHO

#

Ill go back to my nap now

#

If you back test all the price action during ALL news, not just major impact, but all news out of major countries, and backtest your chart, you will see why price action reacted or formed a wick or whatever. Just plain old news volume orders coming in from all directions at that exact time.

fresh sparrow
#

haha

echo kiln
fresh sparrow
#

I was just about to post that

#

I also, realised you can filter the locations you want news for which is useful

echo kiln
#

Look at ALL the news, we need to be aware on ALL the news release, not just major releases

fresh sparrow
#

oh nice

#

I'll probably switch between the two in future

echo kiln
#

People tend to forget about news releases, and only think about it during FOMC because everyone chats about FOMC, but no one chats about the other million news releases during the week. Back test all your SL's when you get wicked out, and match them up to the news releases

fresh sparrow
#

Nice to see here, can also see by the strength of the signal bars the relevance of the news.

#

hmm

#

yeah

#

thanks @echo kiln as always

#

definitely correlation today which I had experience in with my first trade.

echo kiln
echo kiln
#

😁

echo kiln
#

@viscid shard @tawny sandal I'm ready for the ICT cult to come at me glitch

oblique siren
#

how effective is using a 3 line strike candle for finding supply and demand?

#

for example

viscid shard
#

😭😭😭😭😭😂😂

echo kiln
#

3LS is a good pattern to watch out for. Depends on TF though, smaller TF’s gives you a millions 3LS everywhere though and don’t mean much @oblique siren

oblique siren
#

ok

#

so only on higher timeframes

#

that was the hour chart

echo kiln
#

Id say play around with it to find that happy balance between TF and the amount of 3LS patterns that are plotted

oblique siren
#

going to do that now

midnight pivot
#

@viscid shard

#

Highest trade in my career 31% gain from 182k

viscid shard
#

Beautiful

#

Gold slayer too

fresh sparrow
#

@viscid shard sent you friend request

viscid shard
#

🤝

sick crow
fresh sparrow
sick crow
#

Sorry, my bad. Sent now

solar python
#

easy trade +20pips 1:2

shrewd sky
#

Got stopped out at entry price and then it shot up😭

solar python
#

what was your entry price?

shrewd sky
#

In the bottom zone at 1.08916

#

That was it earlier this morning

#

Wounded😂

solar python
#

nah it happens, next time👍

#

you got a really good entry

shrewd sky
tardy radish
#

what broker would you guys recommend

solar python
#

blueberry markets

tardy radish
#

why them

#

and are they regulated

solar python
#

it has very good ratings on trustpilot

tardy radish
#

do you use them?

solar python
#

no, i use propfirm

tardy radish
#

what is the best propfirm?

solar python
#

mff💪

shrewd sky
#

Shorted this🙏 to make up for earlier today, then I’m done😤🤣

viscid shard
#

Yo axx no damn well FTMO is god father of all prop firms

#

Why you lying to that man🙄

solar python
viscid shard
#

Mff has 30 day first pay out still right?

chrome grove
viscid shard
#

🥱

solar python
#

yeah whatever

viscid shard
#

🤣🤣🤣🤣

solar python
#

ftmo is better alright

#

😭

viscid shard
#

They are god father of all prop firms bro they set the tone

#

Highest trusted

solar python
#

gotta join it

viscid shard
#

Yes idc i know i got e8 but i will 100% have an ftmo account

solar python
#

which size account you have

viscid shard
#

I only went with e8 first cause the no trading days and 8%. I have 50k taking 250k rn in profit to have there max 300k, then im going to buy swaggy c new prop firm 300k account

#

Then ill do ftmo

#

Swaggy c doing 85%

solar python
#

oof

viscid shard
#

Then 96%

#

Like🙃

#

And its swaggy c. He said hes putting his reputation on the line

#

So imma go with him first before ftmo

solar python
#

what is e8?

viscid shard
#

My prop firm

#

Based in US

solar python
#

is it available in europe?

viscid shard
#

Of course

#

But

#

I do not recommend anymore to anyone

solar python
#

why

viscid shard
#

After being with them, commissions to high bro

solar python
#

what was ur usual spread

viscid shard
#

I enter a 10lot + trade and im already down 300+

#

Shxts so ass

#

Thats why i HAVE to manage risk in drawdown

#

If i risk 1% and let it hit full stop loss i loss like 1.3% total

#

Maybe more cause the dxmn commissions

solar python
#

hmm i see.. commissions sucks ass

viscid shard
viscid shard
solar python
#

😭😭

#

there is actually some brokers with 0 spread

#

but those are islamic accounts

viscid shard
#

Ftmo lol

#

Damn near bro

solar python
#

really?!

#

0 spread?

#

i have 5 spread in MFF

viscid shard
#

My dude i took phase 1 and did 10% im almost at market price each trade i love ftmo

viscid shard
#

🥱🥱🥱

solar python
#

it's not bad but not great either

viscid shard
#

They 4th place

#

Between them and the funded trader

#

Top 3 is ftmo, top tier and securethebag

#

I really want ftmo or top tier because they do trader interviews

#

I hope swaggy does that too but i want to be interviewed on my strat

midnight pivot
#

Secure the bag isn’t big enough yet

#

Top tier can’t be trusted cause it’s owned by a insta guru… and he drives lambos —— which mean big red flag to me hahaha

viscid shard
#

Swaggy C

viscid shard
#

And hes an actual trader

#

Not just a business owner

#

Highly trusted

#

Buddy used to work at target, made over 10+ mil trading and now hes a ceo of his own prop firm

#

How can you not trust that

#

Same with swaggy c. They both said they have their reputation on the line.

#

Thats why swaggy is automatic top 3 for me.

midnight pivot
#

I mean that sounds biased fam haha

viscid shard
#

Or it just sounds real lol

#

I choose swaggy c over top tier so im not really bias

#

I just know cuebanks storyline

midnight pivot
#

I look at spread count,

broker they use,

equity or balance for max DD

Is it trailing // is it relative

Commission per lot size

Scaling accessibility

& finally price per plan (matters least)

viscid shard
#

Because you said he cant be trusted.. yes. Highly trusted. But id still choose ftmo before top tier

midnight pivot
#

I can barely find any of this information, on secure the bag website

viscid shard
#

Hes using a regulated broker

#

Go to his youtube

#

He posted 2 videos on it

#

Edited amazingly too

midnight pivot
#

But you feel me tho, I mean if they’re as legit as possibly can be the info would be easily accessible… once I have to start going deep into webs and forums to find that info it’s like shheeeeeesh

#

Do they even want me to really know?

viscid shard
#

I feel you. But i also know swaggy aint no BS😭 he explains mostly everything his prop firm will have. Watch the vids

midnight pivot
viscid shard
#

All

#

Not like ftmo swing and regular account

#

1 account

#

Trade news etc

midnight pivot
#

++ Is there any lot size limitations or rules

++ is news trading allowed

viscid shard
#

No

#

Yes news allowed

midnight pivot
#

Yeah I mean these are the 8 biggest and most valid points that every single firm should have on their main page…. But it’s not the case cause of the elephant in the room

viscid shard
#

Watch the 2 videos on his youtube

#

And come back and lmk

#

I cant send links in here

#

I wouldnt put him top 3 for no reason

#

Last 2 recent vids that say save forex

midnight pivot
#

Ight bet

viscid shard
#

🤝

midnight pivot
#

I shall c if my 8 points will be answered

#

Have you heard of FT+

#

Funded Trader Plus

viscid shard
#

Yeaa

#

Heard a few stories some people not getting paid out

midnight pivot
#

Fr?

viscid shard
#

Like 1 guy went from taking 1 trade a day and he changed his style to 6 trades a day for some reason, but so what

#

But he made like 30k

midnight pivot
#

You not thinking of FCFF

viscid shard
#

And they flagged him for suspicion

midnight pivot
#

That’s weird af, I know someone with them and they run a 800k account

viscid shard
#

Didnt pay him out basically trying to say he used a bot

viscid shard
#

The funded trader on the other hand

#

With no “plus”

#

Good firm

#

4th or 5th place with My forex funds

midnight pivot
#

30 minute video I’m just start my own firm

viscid shard
#

Get you some food

#

And watch the bloodclot ting

#

100% worth the watch😂

viscid shard
#

😂😂😂😂😂

#

But as i said, worth the watch. Should answer all your questions.

midnight pivot
#

Fam an hour to get questions answered… my guy trolling me

#

@past acorn

Start a firm that questions are answered on the main page

#

I’ll fund you 20k to say. Yes.

If you say no this will all just be a dream

viscid shard
#

😭😭😭

#

Mannn its one of those videos thats entertaining too bro like dxmn😂😂😂

#

Get your questions answered and have a good creative video to watch, hush😂

#

If you want to get straight to the point, watch pt 2

#

Pt 1 is basically him explaining why he came up with the idea etc

#

Pt 2 is the details

#

So i saved you some time

shrewd sky
#

🙏 is that a bearish engulfing or not?

midnight pivot
#

You acting awfully supportive like I get it bruh chill not watching that shit.. he saying N word and talking bout

“if you’re HIM you will get paid up to 90% profit split”

#

Like what . Bruh I thought this whole thing was to bring a better approach to the “failing prop firm industry”

he talm bout some other stuff… like I get it u trynna get clients that are young…

Those usually the less educated ones

#

simple! @past acorn what you say to my offer

#

You already the trading view most known face my guy 😆

viscid shard
#

I dont like it either

midnight pivot
#

It’s just too meme material for my preference

viscid shard
#

But im not bothered by it im just focused on the prop firm lol aint that deep

midnight pivot
#

Strictly business no time for jokes with these firms

viscid shard
#

Alrighty

echo kiln
midnight pivot
echo kiln
# midnight pivot What firm do you use brother?

I was going to ask this soon. I actually never used a prop firm. Im in the USA and we cant trade most instruments like the rest of the world like, CFD's, crypto, indice's, commodities, and we need to look for overseas brokerages for that, but I didnt have the mood or time to figure out which were legit so I just traded futures with TOS and FX with Oanda. Now I may look into it more

#

Always traded with my own money, in a regulated USA brokerage....Im chicken sh*t with overseas brokerages

#

😹

#

On one hand, I like using the challenge fee's to trade in my cash account to further my learning. But I do get the advantages for you if you are one of the lucky ones that do pass these challenge's and trade by their rules consistently and profitable every month, but these traders are fe and far in between, you have to have that special "it" factor to learn and trade on their terms/rules, No so easy, I believe the odds of making it at a prop firm consistently are harder than actually making it as a day trader in general.

#

But one day, I will give it a go, for sure...and take my licks and try and try again

midnight pivot
#

But you should check out The Funded Trader, they seem very disciplined and respectable with all their ways of doing business @echo kiln

echo kiln
midnight pivot
#

MFF allows any form of trading at all like grid trading, martingale, hedging.. but they spread is a lil worse

On the other hand TFT has more rules on trading styles but very open when it comes to allowing profitable traders, better spreads better commissions

echo kiln
#

interesting

midnight pivot
#

I’m thinking to go with TFT since they just announced they’ll be allowing crypto trading on live accounts + no commission on indices

midnight pivot
#

At this point I will start claiming that I’m professional, who else can do this?

Not over risking went on the meanest losing streak

1% left to fail and made all the loss + profit target in 4 trades same day

echo kiln
#

are there time frames that i must reach these goals in order to pass etc?

midnight pivot
echo kiln
cursive cargo
#

shorted this on gbpjpy

livid scarab
#

I'm currently doing a 200k challenge, if you can succeed with your own capital there's no reason you can't do it with there's. 1% risk is essential , you have to be disciplined so you don't blow the account. But it's based more on your win rate and your rr

solar python
#

good morning

viscid shard
real oar
#

Morning fighters 🌅

shrewd sky
#

Running @ 70 pips 😎

fresh sparrow
#

Morning all, off because it's a bank holiday in the UK

#

will be back next tues

solar python
#

yeah markets quiet... nfp coming up but idk🤔

solar python
#

waiting for that tracer and cloud turn green

solar python
#

lol looks like it's not going to happen. looks like i'm ready for weekend

solar python
#

who made money this week? i personally gained 1.63%. 2 winning trades, 1 loss.

fresh sparrow
#

@viscid shard you'd be proud of me

#

first day in EURUSD

viscid shard
#

Good stuff my boy

cursive cargo
#

caught this on EUR/USD

viscid shard
#

Im on the wait to the port for my cruise

fresh sparrow
#

yep same

#

I made one little mistake but stayed calm

#

I went to enter on retrace

solar python
#

good job @fresh sparrow

fresh sparrow
#

but I entered in the middle

cursive cargo
#

also this on GBPJPY

fresh sparrow
#

but I just, waited till the loss was smaller instead of panicking, but I sold because I wanted a better position, from which I lost £34 but gained £130+

#

then added in the Trailing SL, @viscid shard

solar python
#

i skipped that short because 1hr trend still bullish

viscid shard
#

That trailing sl is deadly in a super trend

#

Let the market take you

fresh sparrow
#

yeah

viscid shard
#

Take you out

fresh sparrow
#

just stopped me out just now

fresh sparrow
#

To me, the bearish block above had a higher percentage than bullish

#

Also, was struggling to break the trend tracer

#

I took your advice @viscid shard as well, I knew the news was coming but was just watching the sentiment throughout the day

#

for e.g. it wasn't breaking up

#

and we had a red strong sell

solar python
fresh sparrow
#

ohhh

solar python
#

and support around now

fresh sparrow
#

hmm I think it depends what you're looking for

#

I was definitely scalping

#

I saw when it dropped, from my experience, it always retraces back to that position

solar python
#

but definetely it is bearish now because nfp numbers came in boosting usd

fresh sparrow
#

yeah yeah, I also saw it on smaller time frame like this

#

I think @viscid shard said you can enter in the FVG

#

but also, all conditions matched up, bearish order block above BOS, EQH before etc. but it's definitely a scalp

#

I've learned that sometimes I'm looking for scalps, and I'm treating them like swings

#

sometimes, just need to get in and out

viscid shard
#

Looks like the news respected all the technical analysis and made the push. Love those type of trades. Bangers

solar python
#

nfp tend to increase spreads so i was cautious

viscid shard
#

I see nothing but bearish structure then NFP melt. GG’s

fresh sparrow
#

what a crazy couple of days

viscid shard
fresh sparrow
solar python
#

as i usually have only 10-20 pips stops, they could take me out quickly

viscid shard
#

Like 10 mins before and sit on your hands and pray💀

viscid shard
fresh sparrow
#

kmt

#

soon come my g

#

soon come

viscid shard
#

You know what you doin stop procrastinating

fresh sparrow
#

bro

viscid shard
#

🥱

viscid shard
#

Gettin tired of ya axx Reiss

#

😂😂

fresh sparrow
#

do you remember this?

viscid shard
#

Hope that changes your mind

viscid shard
#

Im buying that soon as i get back bro

fresh sparrow
#

haha

#

cool man

solar python
#

saved me from many false trades this week

#

so i decided to listen to my plan even once lol

tawny sandal
# fresh sparrow

Looking good 👍

What changes did you make to the original strat?

oblique siren
#

Hey @fresh sparrow can i ask you a question rq about your broker?

#

i'm with the same one i think, capital.com but i'm doing spread betting and i'm assuming you're on the cfd side, how are the fees taken out?

#

since spread betting is capital gains tax free

#

was thinking about changing once i've done my study time and learnt how to trade market structure instead of relying on indicators

fresh sparrow
#

I'll switch between HA and regular candles too

#

I also, try to trade as close to the order blocks as possible too! and I don't use autopilot

#

I also, time the trades better as in, why am I trading before the news...

#

Have the economic calendar up all the time in TV

#

@oblique siren what do you mean bro, I know Capital.com on CFD is commission free

#

I've never paid any fees unless I don't know about them lol

#

Checked all my trades too, don't see fee's on them, I think you only pay overnight fee, if you hold overnight

#

In terms of Tax, that's a different story but you can avoid paying tax if you just build your account up and take out at the threshold and then stick it into your ISA

#

so, for e.g. if the threshold is take 20K and pay 20% tax on 8K, which is £1600

#

that's pretty much what I do but I have a stable job as an engineer

analog smelt
#

@fresh sparrow are you based in the UK?

fresh sparrow
analog smelt
tawny sandal
sick crow
#

I have just seen some videos on YT regarding it

tawny sandal
sick crow
#

I mean their rules etc

#

Like my forex fund takes ur equity as a reference for 5% sl

fresh sparrow
#

Lol

#

I'm happy using my own monies

#

Plus @tawny sandal lol

sick crow
fresh sparrow
#

you know what it is

#

I have a good salary, so it's more like supplemental

#

if I make an extra £500 a week for a year

sick crow
#

Thats 26000

fresh sparrow
#

that's £26,000 and that's making £100 a day

#

lol

#

which is not an absurd target

#

I started with £2500

#

I trade the same amount

#

every time

#

lol

sick crow
#

I have like 2700 dollars

fresh sparrow
#

yeah man

sick crow
#

Trading in xauusd only

fresh sparrow
#

The thing is you have to be smart when you have smaller amounts imo

#

but then once you keep growing your account, you just do the same trades

#

but bigger equity

sick crow
#

But only 1 problem, i earn for 9 days and gives back every thing on 10 th

fresh sparrow
#

My advice would be trade on demo then

#

with 2700

tawny sandal
fresh sparrow
#

for like one week

#

everyone, said to me when I started not to do it, and I lost so much money

#

but you already know what it is to lose money

#

so when you're in demo, you treat it real, like someone borrowed you the p

#

imo

#

you can go funded, if you want, my cousin is funded

#

@viscid shard funded

tawny sandal
fresh sparrow
#

You also, gotta calculate @sick crow within every trade how much it will take you in real time to make that money back as well

#

So if you have £2700, but it takes you three months to save £1000, then you don't have £2700

sick crow
#

Yes

fresh sparrow
#

If you have £20K saved, and it takes you two months to saves £2500, then you have £2500

#

lol

#

as in you can risk shit

#

but until then, demo

#

literally, treat demo as in real life, take 1-4 trades a day max

sick crow
#

Please tell more in detail

fresh sparrow
#

learn your craft

sick crow
#

I am like not able to understand

fresh sparrow
#

people be learning their craft on the only money they have and say that it's learning fee's smh

#

what don't you understand?

echo kiln
sick crow
#

Like you are saying to stop trading on real money and shift to demo

fresh sparrow
#

Your broker offers a demo account and live account.

#

What is your broker?

sick crow
#

And preserve the only money to trade later when i have confidence

#

Trading with exness

fresh sparrow
#

Yes, and whilst you're learning, your equity is getting bigger

#

Ok, I dunno what exness is.

sick crow
#

Really

fresh sparrow
sick crow
#

In india, i have got only this

#

Maximum are banned otherwise

sick crow
#

Ohh... I know about demo

#

Not that much noob

#

😂

fresh sparrow
fresh sparrow
#

I'm joking

#

loool

#

🤣

#

Whenever demo is like we give you $10K I just reduce it what I can actually trade with

#

Otherwise, I start making wild trades

sick crow
fresh sparrow
#

that's not even bad man

sick crow
#

This is my real account from last 1 year

fresh sparrow
#

You should set some rules up for losses, that's what everyone here does

#

my rule is

#

say, my equity is 10,000

sick crow
#

Thats very bad coz it doesn't include open positions

fresh sparrow
#

If I lose 5% of my equity, I will stop trading

#

I will go back to the drawing board, I'll do demo, then I'll come back. The only reason why I didn't up there was pride but I was just trying to be transparent as well because everyone was being so nice lol.

#

Depends where you are in your trading journey bro, if you're at the beginning, some people here say they've been doing it for 5 years

#

10 years

#

but you're always learning so it doesn't even matter how long you're doing it for, just that you're getting better with every trade imo.

sick crow
#

Yes, you are right

fresh sparrow
#

Also, bro, just slow down. Sometimes, which I learned from @viscid shard is we force trades

#

You know one way to reduce losing money, is having a strategy

sick crow
#

You know it feels bad to accept losses... Its like i am being wrong which i dont wanna accept

fresh sparrow
#

the market doesn't care if you feel bad

#

you're attributing feelings to something mechanical

#

the market doesn't go well, he's just lost £400, ah we feel bad

#

so you gotta remove your feelings, it's so key to this game

#

risk, is so important

sick crow
#

I am trying very hard to bring discipline into my trading but keep failing

fresh sparrow
#

if you know, the trade here is 2K, with a £100 loss, or £200 win. you take it

#

you factor in the loss

sick crow
#

Sometimes i just enter a trade with 1 mega lot just to take revenge from market

fresh sparrow
#

revenge

#

🤣

sick crow
#

Yes... I am saying true

fresh sparrow
#

I say 2K, btw but I trade with leverage lol

sick crow
#

I have done it

fresh sparrow
#

yeah, no mega lots for me

#

then the market just goes 😋

#

In trading, someone always has a bigger trade then you loool

#

Anyway, lets get back to forex chat

#

bro, easy way to manage risk is by factoring it in

sick crow
#

But now I am trying to stop it

fresh sparrow
#

I'll give you an example

sick crow
#

Yes please

blissful leaf
#

disgusting spreads on a bank holiday. lesson learned, never trade bank hols

sick crow
fresh sparrow
#

15m, you can see the downtrend forming and it's rejected the bearish order block above.

#

There's also that strong sell signal, which doesn't necessarily mean, to take the short, just to watch, also, I don't enter on purple candles.

sick crow
#

Ok

fresh sparrow
#

We also, know there's news... so we don't necessarily take a trade unless we're 100% sure

#

also, it's either gonna spike down or up lol

#

This is 13:25, so I'm watching for the news rn on the economic calendar as well as forexfactory.

#

Note how the bearish order block has formed above now to test the bullish one below. This is deal because of where I like to put my SL's

#

Now this is 13:30

sick crow
#

OMG

#

Straight to the next bullish order block

#

But how to predict regarding data or news

#

Are you sure even before that its going to fall

#

What if the data was opposite and it spike upside

fresh sparrow
#

just to explain, as well, I wouldn't always trade this, but it met all the conditions for which I normally make a trade so, was going to show you this

#

1:1 R/R

#

remember, this isn't a swing trade, this is a scalp lol

#

I always open trade, or set my buy limit to as close to the previous BOS

sick crow
#

Ok... Getting it

fresh sparrow
#

We have strong sell, BOS before, bearish order blocks above, failure to break the order block above

sick crow
#

Not fully but quite

fresh sparrow
#

oscillator is purple etc

#

but this is what I mean, this my strategy

#

lol

#

everyone else has their own

sick crow
#

Yes

#

But i dont have one, i am building one

oblique siren
fresh sparrow
#

I think at one minute it went like this

#

Don't watch the X, cos that wasn't there before lol

#

So that was the first profit you saw when I made like £17

#

I put TP's there just in case depending on how I see things going

#

but then I basically jumped back in up here on the 1m

#

because I was going with the trend

sick crow
#

Thats really great 👍

#

Thank you for sharing

fresh sparrow
#

sorry this was the trade

#

which is this

#

on the 5m

sick crow
#

No problem... The main thing is about reading charts, position sizing, Good RR

#

How do you overcome the fear of losing

fresh sparrow
#

manage risk

#

you will lose some, but if you have a specific set of rules that 70% work out

#

75% work out

#

then you just know it's part of the game

#

just because you have 20 trades with 6 wrong it's not bad

sick crow
#

Yeah... You are right

fresh sparrow
#

especially, if you're risking £100 per trade

fresh sparrow
#

20 trades 14 correct = £1400 6 wrong = £600 walk away with £800 more than you had before lol...

sick crow
#

So are there more entry and exit rules or you just follows market structure

fresh sparrow
#

but then, I think in Jav Strat said, it mentioned that how you build confidence

#

I read this often.

#

I think Jav Strat gave some good core principles.

#

There are so many opportunities, you just have to take 1 haha

#

Also, to your answer, I didn't know the news lol, I just watched, most of the time stuff that spikes up, or down, goes back to where it came from

sick crow
#

Yes, thanks

fresh sparrow
#

if for e.g. it spiked down, then back up, then up more, I would've been stopped out but again, this is not recommended because sometimes SL's don't trigger etc. Again, this is just my risk on this trade, on Tuesday, I'll probably take a less risky trade

sick crow
fresh sparrow
#

but agai, as I said cos I manage my risk

#

I literally sometimes put in SL, the amount instead of the percentage

#

I'll be like SL = £45.

#

or I mark it as close to the previous high in a short

#

but if my SL is ore than £50.. then I am nervous lol that's why the entry is the main key

sick crow
fresh sparrow
#

yes

#

most of the time I do not trade news

#

lol

#

Also, trading 1/2 pairs is really healthy

#

like EURUSD now is back to where it was before the news

#

so it could be another short/buy

#

but no one's trading now lol

#

Also, if @viscid shard @echo kiln or the chat is quiet

#

I always don't trade

#

lol

sick crow
#

Ok, will you please do me a favour

#

Perhaps you can see xauusd chart for long term and tell me is there any chance of reversal (downside)

#

In near future

#

I have a open position for sell at 1815 and 1820 for 0.1 and 0.1

#

Its like 4145 dollars loss

echo kiln
#

you have no idea what this FX room was like back in the day, dead as a door knob

#

LOLLLLL

#

But now? rocket42

sick crow
echo kiln
#

im just a regular member, nothing more

sick crow
#

But you have lux pro tag

#

No no no you are not a regular member thats for sure

echo kiln
sick crow
#

Just i dont know your role rn as i am new here

echo kiln
#

honest, im just a paying member like you

#

learning from others as well

#

and i try to help also

sick crow
#

But dont worry, i will know as i am staying here for long

#

Thts good, then please help me about this

echo kiln
#

I wish I was a part of LUX on the other side, its a good outfit for sure, legit pro level, and the tools are great_iidx

sick crow
#

What is this vip chat and having two persons there

#

I have tried to join

#

But they are not talking just random mermering

echo kiln
#

its an open screen/audio chat for anyone to drop in or whatever.

#

sometimes a small group chat about a strat or a template

#

sometimes they just stream a chart for hours for people to view

#

thats all it is, not really run or monitored by the admin really

sick crow
#

Ok thanks

echo kiln
#

and sometimes just random stuff like you mentioned

sick crow
#

So can anyone create it

echo kiln
#

ive not really participated in anything in there really, ive dropped in sometimes, but nothing serious

#

but keep it lux trading chat professional though

sick crow
#

Thanks for your help

sick crow
#

I am trying to find some good mentor cum friends here

echo kiln
#

There could be more to it, maybe some great content, but I dont really know as I dont really drop in there anyway....

echo kiln
sick crow
#

Found 2-3 good guys already like @viscid shard @fresh sparrow

echo kiln
sick crow
#

Means

echo kiln
# sick crow Means

maybe they well go in the vip chat and do some live chat with screen share?

#

🙏

sick crow
#

Yes

#

Thats a good idea

#

Hope they will agree

#

😂

viscid shard
#

😂

#

Lux Fam🫡

sick crow
viscid shard
#

🫡

oblique siren
#

yo @viscid shard do you have a minute?

viscid shard
oblique siren
#

nope nevermind

#

not that important

#

it can wait

viscid shard
#

Gwan wit yuh question

oblique siren
#

with 3 rejections off of this key area

viscid shard
#

Draw a counter trendline

#

I see it clear as day

#

Bullish structure

#

Once it breaks that area you marked up, structure is broken

#

Thats the daily move. Go to the daily timeframe and youll see

#

Draw the counter trendline for lower timeframe entry

oblique siren
#

like so?

viscid shard
#

Notice the key level its consolidating on

#

Put key levels for GU brodie

oblique siren
#

ok done that

viscid shard
#

🫡

#

You good now?

oblique siren
#

yeah all good

#

sorry for inturrupting your cruise

#

enjoy 🙂

viscid shard
#

Nahh you good. Need anything else just tag me and ill get to it when i get to my phone

oblique siren
#

thank you

#

its no rush at all if it does happen

viscid shard
#

🫡

#

Gotcha. Ight off to the bar i go

#

🤣

oblique siren
#

vodka time

viscid shard
#

Tequila sir

oblique siren
#

mb mb

rich lotus
blissful leaf
#

morning

#

rip it's weekend.

modern dawn
#

o

iron templeBOT
#
BTCUSDT
Price

28,020.2900

Exchange

Binance Spot

sick crow
#

@viscid shard @fresh sparrow anyone on for some live chat with screen share

#

perhaps someone can teach me something

tawny sandal
sick crow
#

@tawny sandal ok thanx for the info. what about you. are you free

sick crow
tawny sandal
tawny sandal
sick crow
#

ok sir

sick crow
#

No worries sir

#

Enjoy your cruise

viscid shard
brisk sable
#

Baller @viscid shard

viscid shard
brisk sable
#

You sure deserve it bruv....YOLO!

viscid shard
#

💯🤝

tawny sandal
viscid shard
#

@tawny sandal

tawny sandal
echo kiln
echo kiln
maiden hare
#

Hi everyone

#

Does anyone use a platform to merge buy/sell signals from LuxAlgo to MT4/MT5?

oblique siren
#

With a bullish pennant pattern, is it best to wait for it to retest the order block before entering a trade or immediately after the breakout if its an engulfing bullish candle and closes outside the line?

#

like this

viscid shard
oblique siren
#

@viscid shard gu

#

4 hour

viscid shard
# oblique siren <@751803906081947738> gu

Below the zone is sells so id wait for engulfing . Its basically at the bottom where the push started so i wouldnt wait for break and retest id enter and put safe stops below the whole zone . If losing trade price is bearish and whole bias needs to be changed

#

But bearish on 4h timeframe. Need to see what the daily is doing. Top down analysis. Daily could still be bullish and 4h could change again going with the bullish daily move

oblique siren
viscid shard
#

Exactly. Thats a simple fibonacci pullback to me

#

Price could be by the 50% retracement but it could go down to .786 level on fib and you could catch short term sells off the 4h to that fib zone

#

Or just be patient and wait for the buys

oblique siren
#

i'm going to be patient

viscid shard
#

🤝

oblique siren
#

i don't know how to fully use fib retracement yet

#

so thats something to learn

#

but for the moment

viscid shard
#

Youtube university sir

oblique siren
#

just wait

#

i've learnt quite a bit from reading the market and market structure

#

using those videos as a break from my university coursework i've got to do

viscid shard
#

Sounds good. Keep it goin

oblique siren
#

gotta keep learning till im profitable

#

and then keep learning

#

we love study time

viscid shard
#

Yessir. Ight I will be back. Breakfast with the captain time

oblique siren
#

nws enjoy

viscid shard
#

🤝

icy wraith
#

Anyone with a good forex strategy with lux algo?

echo kiln
shrewd plaza
#

I am also looking for ideas. Where can we find these strategies?]

echo kiln
shrewd plaza
#

BTW. I am a new Premium user and I am in awe. Already started having some ideas, but would like to see what people has already shared

#

Would it be better to have a channel with the ideas?

echo kiln
echo kiln
shrewd plaza
#

Thanks, Micky

oblique siren
viscid shard
#

Was fire. Last day today. Back on charts tuesday

oblique siren
#

good to hear

#

got 37 mins till open

#

going to see if it breaks the structure on gu

#

for buys

marsh galleon
#

Good evening guys

#

gu... which TF?

dry shell
#

Let’s get those W’s today guys! Looking forward to a few trading days this week and excited for market open

viscid shard
#

I let the market do its thing for a little

#

Ive taken most of my losses london sesh on mondays from manipulation. I did 50 trade recap, 38 wins, 12 losses and 9 of those losses were london sesh monday sooo 7am new york is my time after the weekend is done

thorny abyss
viscid shard
#

I live in florida

short current
#

What is the best of senstive of xauusd

valid hedge
#

hello guys

blissful leaf
#

markets slow but at least there's no 80 ticks on eurgbp today

real oar
icy wraith
#

Good morning guys

valid hedge
#

morning

icy wraith
#

I seem not to find any forex scalping strat here

fresh sparrow
blissful leaf
icy wraith
#

Many of them are outdated a bit

blissful leaf
#

a few strats were posted on thursday and friday how are they outdated?

icy wraith
#

Because of the new indicator release, tho they need a bit of changes

#

In this channel?

blissful leaf
icy wraith
#

Let me scroll up

blissful leaf
#

this button is your best friend.

oblique siren
#

Did I enter at a good point?

marsh galleon
#

30m had a breakout upside already

#

im not sure is the best moment to enter in any directions

#

wait for 3h close, purple candle

fresh sparrow
#

On higher time frame, although trend tracer is green, it's purple candles, which for me always means indecision, so would wait for a clear confirmation of direction. It's broken the trendline however, there's a few FVG's below on the 4hr.

#

where you entered imo, was a perfect scalp as on 15m where I think you entered the candles turned green on luxalgo, I wouldn't have personally entered however, the signal shows 1:1 R:R with a TP at the blue cross.

oblique siren
#

Damn i think I just got screwed over by a fakeout

marsh galleon
#

this is what i was talking about

solar python
#

Dollar strong

#

see dxy

thorny abyss
solar python
#

that sl was close 😂

viscid shard
# oblique siren

You entered a candle to late . Stops below that support. TP would be hit

viscid shard
viscid shard
solar python
#

@viscid shard see my last post, perfectly respecting round number 1.090

oblique siren
fresh sparrow
viscid shard
# oblique siren just lost £56 rip

1h market structure was bearish… the 15min was bullish yes but that means short term buys until 1h changes direction. Regardless that 15min move would have hit tp but you just entered late

fresh sparrow
#

Risky scalp though

hasty harbor
#

Hello, good day everyone

fresh sparrow
#

As I said, I would've done nothing tbh

#

Looking at gold but I'm not by my laptop

#

Was just about to say a short OPP on gold

#

I was going to say ay 2k

#

Would watch how it reacts to the order block below on market ope.

hasty harbor
#

I use Jav in combination with PAC, I didnt received expected CoCh so I didnt entered & glad I didnt.

oblique siren
marsh galleon
oblique siren
#

i had to exit early since my stop loss was on the other side of the yellow box

viscid shard
oblique siren
#

just a harsh learning experience

marsh galleon
viscid shard
#

The 1H made a double top and melted lol

marsh galleon
#

i think now it is probably the perfect moment to entry in a position... 30-15 min close

oblique siren
oblique siren
#

oh wait now i think i see it

marsh galleon
#

malik talk about eurusd, not gu

marsh galleon
#

5min

#

not sure that its finished

marsh galleon
fresh sparrow
#

What do I think about what?.

marsh galleon
#

gu

fresh sparrow
#

It was a short opp, you gotta trade against market hours as well

#

1:30 buy signal but strong short as well as BOS before, trend tracer, trend catcher red

#

Shorted against order block

#

This on 5m, nothing to do now

scarlet anchor
#

There used to be such settings, who has them? Please send it

fresh sparrow
#

Check my chart

#

You see it says optimal sensitivity

viscid shard
fresh sparrow
#

You can change it to auto pilot or follow the optimal sensitivity

scarlet anchor
#

I'm new and it's hard for me to figure it out. These settings would help me a lot

viscid shard
#

I cant do any chart mark ups right now

#

They kicking me off the ship right now😂

fresh sparrow
#

New V6 has the optibot built in, you just need to adjust the values, it's better than having discord open and watching the optibot

marsh galleon
proper atlas
oblique siren
#

bruh

proper atlas
supple meteor
viscid shard
#

Did i not say sells under that level yesterday

oblique siren
#

see when i opened the trade and 9am gmt i was up £30 on that unintentional 15 min scalp

#

since i though the trend had turned to bullish

viscid shard
#

Study time thats all. Just keep grinding

echo kiln
#

Multi Time Frames

#

☝️

twin spade
#

Bruh

#

Lux algo doing better signals than group signals

past acorn
#

good monrin! @echo kiln

echo kiln
#

Your cheat sheet for trading pairs memes

fresh sparrow
fresh sparrow
fresh sparrow
echo kiln
#

Cheat Sheet memes

fresh sparrow
#

Ay

#

Thanks bro, will keep an eye

sleek escarp
echo kiln
sleek escarp
echo kiln
#

from here you can change the colors for the wicks if candle is up/down

sleek escarp
supple meteor
#

uncheck border settings

echo kiln
#

I have my wicks to muted gray for both up/down

twin spade
#

hello guys

#

what pairs you trading

echo kiln
twin spade
twin spade
echo kiln
#

Neo, tracer, catcher, auto, long trend. Multi TF charts

#

Just a simple template

twin spade
echo kiln
#

Nothing fancy

#

I actually don’t use the signals I analyze multi timeframe charts to base my entries