#💱forex-chat
1 messages · Page 37 of 1
Yes
https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/order-blocks/#internal-activity--metrics
your documentation skill are OP. But trading looks like youre taking random trades. Do you have any strat to follow ? RR of the trade have to be 1:1 at minimum. for me its 1:4 but yours is less than 1 in many cases
I'm taking 1:1 risk rate trades on 4h timeframe
your trades not ending at 1:1
if you risk 100 then either you win 100 or you loose 100
I'm using trailing stop for some cases
when I see a strong trend I'm not taking tp on 1:1
When its a strong trend then you should be getting much more, like 1:5
No I'm just taking 1:1,5 or 1:2
glad, stick to your system. good luck
Thank you
my strat gives 1:6 trades but overtrading fuckup my balance
This is how I plan my trades
too complicated for me 🙂
you got the point, need toplan the trade
I'm just using high timeframe fresh order blocks
its working fine for 1:1RR
EURUSD
EURJPY
I want to find some simple signals
Thanks for share, but it’s also too complicated for me😂🙏🏻
not here to judge, but you lost 3,42% on the second trade? isn't that little bit too much 😅 at least for me
go to youtube channel of lux, they shared ton of strats, choose anyone, backtest it. stick to it
@solar python I accidentally opened a huge amount of position and slippage was too high
ahaa i see it sucks
It turned profit but I closed instantly
Because FTMO challenge daily loss limit 500$
true
try/usd my first and biggest lost 😄
https://www.tradingview.com/x/9EdNczN5/
found my copy book setup
how 😁
oh my those exotics man😅 been there, never again exotics
usd/try long easier long but u need to be patient because spread too high
after the elections in Turkey investors waiting 26 usd/try
its now 19.48
its a long term position hard to hold
I thought I can long USD/TRY 1 month and can pass the challenge with 1 trade but it was my worst trade
gold confirmed resistance as support plus a liquidity grab, long until 2044.. i hope i'm correct.........
bosh i was correct! 😛
GOLD
tracking
Good settings for Luxalgo?
Morning. Got my 10pips back in Asian session. This took way too long 😅
is a pip a negative / positive candle stick?
@echo kiln i'm learning!!! today i've made 3 successful trades :p putting me at a rough breakeven from yesterday!
8:15 News
FX pairs moves in pip increments. You can search the web and read up on it.
okay thank you
hello any ideas for usoil @cunning thunder
I have no idea about oil
its gonna hit that and reject ?
:/
i think its going to do like yesterday
Gold , retesting
anyone trading gold? another entry imbound?
so quite ...
EURUSD
for euusd im waiting for the breakout on 4H chart..
opinions on gold please
That looks so sexy
XAU vs DXY
EUR/USD vs DXY
USD/JPY vs DXY
Either the USD is on the front or back side of a pair, you can watch for the DXY correlation
☝🏼
Got my 2nd set of 10 pips
Thats 40 pips total on the screen shot on 4 trades, 10 pips each trade. I get to enjoy the rest of my day
on fire
Just small bites each time, thats it
If I take larger bites, I choke sometimes
https://www.tradingview.com/x/w2T7jzX0/
and I decided not to take it
https://www.tradingview.com/x/liKtfhgu/
this i did take
targeting last high
https://www.tradingview.com/x/rk68H9Rc/
This one also I missed.
Finally. One trade, target hit for the day.
https://www.tradingview.com/x/H8DDB0Mv/
similar setup was cooking on US30, but I dont trade it
Whats your entry criteria
gold broke the line
https://www.tradingview.com/x/WSSRjSuF/
gold is breaking everything
BoS below previous day low. Plenty of room to the downside when I looked at higher timeframes. Trend catcher trend tracer bearish
It was fighting with a 5min order block for a little
gold is like, catch me if you can
@hasty harbor i have the order block silhouettes from different time frames on the the one chart.
u should also open premium, discount zones
I used to but not now
I used them at first but that equilibrium zone always made me second guess stuff
Hi I entry this on strong volume point. But. I got stoploss...What I mistake?
USDJPY15m
What other confluences did you have?
youre longing in a clear down trend
💰
What is the best way to determine trends?
price action
CHOCH and BOS?
yes
thanks
identify trend on HTF and take confirmation on LTF if you trade price action concepts.
OH! Thank you very much!
you got to have your strategy & set of rules to follow
might be right about direction but your entry was quite early, institutions taking their money :d
GBP/USD anyone trade this? From the looks of it, tough...
How do I determine the movement of an institution?
Doesn't look good to me, nothing really going on just consolidation and london coming to an end aswell.
Should I not enter during the event?
Yeah, I've been visually eyeballing this pair for past weeks and months, challenging indeed...
You shouldn't enter because you don't know what's going on, you probably looked at it because @echo kiln sent it here. Don't just follow everything that is posted blindly, do your own research. That goes for everything, if you've been looking at it and did your research then go ahead.
Its go down cold ?
ok. I need more study...
Correct, I post alot of example templates on a handful of pairs, these posts are not a clue to enter or exit, just merely for ideas for everyone... @midnight ledge
That might've sounded a little bit offensive, I didn't mean it like that, it's just truth. And nothing against Micky I've been looking at what he's posting, good stuff.
I am Japanese, so I don't understand the nuances of fine English.
Your good, at least you know more than 2 languages, unlike me, only one
Oh thanks @echo kiln for showing the previous day h/l in that PAC example yester day. 👌🏾
Glad to hear there are members from all over the world. @echo kiln I am confused now lol, I got nothing but good to say about you ;D you are helpful and post quality ideas, messages.
Perhaps I am the first Japanese.
Also seeing #💱forex-chat being more active is amazing, if someone got questions don't be afraid to ask.
if everyone knew everyone will be a millionaire nah?
What
what is the chart telling you about gold?
shape of cup
Indicating to stop trading for the day and go drink some beers.
Basically a BoS?
Anyone carch the moves in kiwi and aussie
@dapper jolt you're also back
Ya had some naughty action on my account after being stagnant for a while so took a break
patiently waiting for Nicky
watch out for fake out
Depends on where you live and if regulated or not in your locale. But looks like their registered address is on that Cypress island and here is a google street pic of the building
Its the left building.
🤣🤣
Are u ok with 30-1 leverage
Depends on your needs. Might be good if you need low min. deposit, also allows apple pay deposits I think, its considered safe and regualtion is okay.
here's my fx broker main office
Looks legit. How are the spreads? 😅
Not bad, during peak times, about 0.25-0.75 pip spreads
Looks like they offer great support services as well 😂 For real tho, what broker are you using @echo kiln
Oanda
my secondary accts are forex/com and TradeStation
all integrated with TV to trade and manage direct on TV charts
I like metatrader over trading via TV.
Yeah, for me, I cant execute and manage positions effectively on MT while im watching TV charts. Props to you!
And I dont do prop firms....
Took me some time, but here we are now. TV is really simple, you've got everything on one platform which is great.
Hahahah close to my it’s either school or a graveyard 
...and a chainsaw? 
Shhhh hahahahahhaha
morning everyone
@fresh sparrow ill stick to you ( not to trade in fridays ) looool
hang around ...
I got the same but for weekly
does anyone know a good broker?
This indicator is trash
Which one?
Its coming
can you show any examples?
if it goes well trade of the month
what broker do you use
and there goes Gold
EURUSD
Gold on my mindless template
EURCAD
got my 2% today
How's everyone doing today? Hope you are all having great day so far.
We all here, I think.....not sure.....it unusually quiet today....
Does everyone know Lux has a Risk Management tool?
Good money management is one of the fundamental pillars of successful trading. With this indicator, we propose a simple way to manage trading positions. This tool shows Profit & Loss (P&L), suggests position size given a certain risk, sets stop losses and take profit levels using fixed price value/percentage/ATR/Range, and can also determine ent...
As long as you can buy lunch with the profits, I would close it down 😹
Guys i need help.. the best Choch ..it happened with wick or body of the candle!!! ?
Very subjective here, some traders use body, and some use wicks and fractals.....
More valid !
Up to you honestly
😾
no right or wrong answer, many traders will have great reasons for either way
If this is real money, can you buy me lunch?
for me personally, I like to use wicks/fractals, because thats where price went to the extreme on any timeframe bar
🤷🏻♂️
Will it still print a choch if the candle doesnt close above/below though?
well it shouldnt print if it doesnt close
why? did you see something not right?
just referring back to his question
i always go by candle close
in order to have a choch, it needs to have a change in structure, a confirmed change in structure
gotcha
Then again, I'm a Lux Signals/Overlays guy 
Didn’t know that..
loving the order blocks and structure call outs
now if only those trendlines could come from a different chart timeframe like the order blocks and fair value gaps @echo kiln
That would be cool....wish they had multi TF settings on all the indicators and features....that would be the bomb, but im sure that would be a drain on the code
i started drawing channels over them. The channel tool should probably do the trick
xd no bro is DEMOO ):
something like this?
overlay this on PAC?
No, just to trace over the liquidity trendlines
oh ok, with the smaller moves, i really do like the TL Liquidity channels
the one above for the channels on the swing moves is this from Luxhttps://www.tradingview.com/script/a2PJSO1p-Zig-Zag-Channels-LuxAlgo/
The Zig Zag indicator is a useful tool when it comes to visualizing past underlying trends in the price and can make the process of using drawing tools easier. The indicator consists of a series of lines connecting points where the price deviates more than a specific percentage from a maximum/minimum point ultimately connecting local peaks and t...
I've been doing good with all those OBs on one screen, I actually have that position on.
Waited on the candle retrace? thats the same trade in my screenshot lol.
Thats the same oscillator that you use @echo kiln ? I couldn't find it.
Legacy Osc normalized
thanks, let me read up on it
hey guys how long do you recommend testing before going live?
started testing yesterday and I got 15% profits
Wow wow wow
lol thank god it hit my take my profits earlier lol
Up to you, I would say months and months of learning and testing and reading etc before going live
Sad
read and studied for months but lux is just a confirmation for me
What are you testing ?
Oh ok. If you feel your ready, then 
lux algo
That is the plain truth.
Lux just a tool saving you from drawing charts
@echo kiln I’m guessing there’s isn’t any documentation anywhere on the legacy oscillators?
Description on the TV indicator page
oh yeaaa it definitely helped especially seeing patterns i didnt see with my own eyes
did u watch mentorship playlist ?
Kind of self explanatory really. Above mid line is bullish sentiment and below mid line bearish sentiment on all the modes
Just trying to confirm the the clouds are overbought/oversold areas. didnt want to automatically assume
where do i find that?
ICT mentorship
Have a good weekend for those signing off 👋
is it monday yet?
AUDNZD from 9AM morning 🤨 is moving very slow....
nice job 
US500 had today a great setup
getting closer to Monday as the minutes and hours pass by 

Hello all. My first post here. Just recently joined
I've been trying to find ways to have the best confluences to use the indicators
Basically I use EW as direction/trend then look for entries using indicators
Im still currently backtesting the two indicators (Signals and Price action)
Any tips to help?
Just watch all ICT mentorship series on youtube
GBPUSD
USDCAD
EURGBP
Happy Saturday everyone 
Happy Saturday to you.

My pick for Monday too.
has anyone backtested internal vs external structure trades
I got long on eurusd 1H then short on 4H
EURUSD 1H
Let´s see if it plays out tomorrow....
you started to soon, get back.....
Heh, made that mistake when I was first learning forex.
Biggest rule I follow for trading is to never trade on a Monday
bank holiday in the uk, very slow morning
I would short it at 2054 area
Yes but I dont trust dollar for short euro
Maybe if ı see wick on fvg and retrace I can short
I closed my euro long
i agree, something big must happen on usd
Because Dollar on weekly low
Maybe one leg up so I can enter another euro long from bottom fvg
I never understand these what brokers are you using questions especially international
Anyway, good morning all
Another bank holiday in the UK
So will be back trading tomorrow
London session will most likely be quiet
😄
I'll look this
https://www.tradingview.com/x/F6lE95YO/
hey man, what broker are you using, and is it international?
Depends on your needs and what you were looking for in a broker, no such thing as best broker but look for regulated ones.
i got the opposite lol
OIL
nice
Good morning, night, afternoon ☀️🌓
EURUSD
EURUSD in 1 hour chart, have "Red Engulfing bar" ... probably we are going down....
yup, or maybe 🤌
Action is a bit dead, oh well....
very dead, had to get out for 7 pip gain 👍 it was that 1.1050 Order Block on 15min chart and thought that it might not breakout, PAC were right
Nice....
Actually I done for today (I am in European time)... but I wait for the "Open" in 9:30 to see to what side the momentum will push...
UK100
Gold is tight...dang
last week we had 1st of may bank holiday
this week we have coronation weekend
we have a new king you know
Whats the next move?
AUDNZD ... to who looking for action now
DAX
that order block disappeared fast lol
Screw it, im out at 6pips, took a couple of positions on some shorts....
what time is the CPI report ?
30min i think?
at this point, i welcome Chair JP to open his mouth 
Should had held my EU short 
Nice, I closed mine at 6pips, oh well.....
seeing xaauusd sellin on tf 5 and 15
Is this valid ?
What did you want to do? long or short? you have a handful of indicators here....
Im not sure on your stop loss, are you going long or short?
I can hold for only two ,three days
also your stop losses are all different depending on your strategy etc....you could have SL's at key levels, OB's, internal highs/lows, etc.....or no stop losses
ok, so you long or short?
Maximum two, three days
so you're buying or selling
Buying
we got there in the end. @echo kiln you can take over i'm just up from a snooze
Im exhausted now, need a nap before I continue
if your entry is hourly, i'd look for an hourly or above point of interest. a round number, order block, swing low.
if you're already in the trade and the next possible stop loss is too far for you, look to cut the losses and exit early. the stop loss depends on your nerves and your risk appetite
Are you in profit? if so, maybe move SL to lock in some?
Hello, anyone in here use luxalgo for automated trading? Im looking for some insight on how I could best apply the indicator with semi-automated and fully automated strategies.
Everyone safe on this 🐢slow day❔
How does it feel with the new King?
Good times ahead?
Or a big nothing 🤷🏻♂️
Lol
£160 million spent on security alone our of taxpayers money.
Whilst people are struggling to pay for rent
Food
Mortgages
Healthcare
Childcare
Haha
The list can go on
The royal family I read receive £1.59 tax per person living in the UK
Every year
= £85 million or some shit.
Same here as well….
same here as well
I guess they need some payment for the capitalism they've set up for us to slave away in.
Took years of hard work.
Blood, sweat and tears.
Anyway, we live on
I found out today though about spread betting
In the UK, it's tax free
It's virtually the same, except you are doing points?
So been looking at that because it's in the same broker I use. And if I can trade fax free, then even better. Guess there are some advantages
Spread betting example 1: trading Tesla (TSLA)
Let’s assume that Tesla (TSLA) shares are traded at a sell price of 57,014 ($570.14) and a buy price of 57,072 ($570.72). You expect the TSLA price to go up in the next couple of days. You take up a long position (buy) Tesla shares for £20 a point of movement.
Result A: A profitable bet
If your prediction is right and Tesla stock goes up, you may decide to close your trade (sell) when the price reaches 57,122. In this case, the market will have gained 50 points (57,122 – 57,072), giving you a tax-free* profit of £1,000 (50 x £20).
Result B: Losing a spread bet
The examples above are for educational purposes only
All trading contains risk. The market can move against you. If the TSLA price goes down to 57,052, you will incur a loss. If the share price fell by 20 points (57,072 – 57,052), your trade would end up with a loss of £400 (20 x £20).
Interesting, sounds dangerous, and that’s exciting ✅
The thrill of the game
I think here it's using stocks which isn't the best example
Against commodity and Forex, it's a lot more easy to understand.
I have been trying to understand the correlation between points and pips, but if we use your method of 10 pips = 100 points, you can make a profitable tax free strategy.
In your TSLA example, sounds like regular stock buy/sell but with leverage now, right?
Yeah, so they give you tax free option, that’s in stocks? Interesting
Thats a lot to watch. But going through it slowly. Already at episode 5
1000 points = 100 pips
500 points = 50 pips
It's in stocks, commodities, and indices
Can even spread bet on DXY and VIX
What are some other good indicies to pay attention to like DXY?
Just depends what your trading to find some sort of correlation, like DXY to FX pairs (particularly the USD pairs etc), DXY to Gold, Oil to CAD pairs, APPL to general market (just like BTC to other coins) etc etc.....
Oh i meant for the major currencies. I found them though.
USDJPY nice setup for trade
Slow nothing day, but hindsight, looked great for potential 2 scalps. I only took the first one for 6pips, and shut it down after that......
GBP/USD - looking nice for NY session today....
USD/JPY - Nice range zones
OIL this morning
https://www.tradingview.com/x/u8jp7Ion/
OIL looks bearish to me
USDCHF
GOLD this morning...
https://www.tradingview.com/x/2T7NQOZz/
someone told me oil is the new gold
what are your thoughts... I have been thinking (dangerous for me)... I obviously look for the shape of mountains.... which declares my time period.. The pair does not matter... The 6.00x is set to scalp. and I use the price action movement at ICHOOCH and the + version... this makes the entries. I then created confluence to make a book. I auto close 22 pips at 30% of trade and leave the rest to move stop loss to that value.... Its working...
since 6am.. not too bad...
no SL.
Only thought for me is if you have the system & its working for you then stick to it.
gold broke out of the range... i'm long📈
https://www.tradingview.com/x/PXdwSxq6/
Entry never activated for me, but moving handsomely
going back to re test and then ...... BOOOM
mighr hit 2084
or if it brakes 2028 ... re test ... booom down
EU - Got it
DAX, XAUUSD position closed breakeven
https://www.tradingview.com/chart/7tgqbH6n/ Here is my template that you DM about @drowsy sonnet
nice trade on gold
i was just wondering where have you been, it's lit🔥 short or long?
short
UK100, did not trade but wow, strong moves!
Nice grab again ! 
gold might retest now
someone say gold 🤔
right on 👊 just tune out everyone, do you thing, after that, then you can troll around if you want.....
THATS THE KEY 🥂
it sure filled that huge gap
let's see how this go
where we going❔
That's good idea to color the OB in Red for short movement and in Blue for long moovment..
up up up up
getting my crystal globe brb
Thank you brother
😄
What you mean "UP" ?
gold
Round 2
Gold is playing ping pong
I am sharing with you my last chart's setting, hope that will help to someone...
I love your oscillator settings
Can anyone share good settings for gold
Looks like gold was safe for short scalps today
still is
💯
Gold moving now
the MSS formed at the trend line break so, I'm probably looking for longs now
but hasn't really retraced and is now at the bear OB
trade done
🚀
This was the trade I took
I accidentally placed a buy limit
I mean a market buy
instead of a buy limit
so I closed it and opened a market buy at the retracement
I believed it was bullish when it broke out the pattern
Also,
But we are looking for a short now
Reason being we are the top of the FVG it could go a bit higher but, I'm conscious that we're looking for shorts
hello forex traiders
Welcome 
i just joined, and am in the middle of configuring the indicators- any guidance 🙂
Take it slow, as it can be overwhelming......go through #🧠core-lessons and #📈must-watch ......
Welcome ... it all depends on what do you trade ?
Will do, thank you so much 🙂
Mainly forex and gold - i have few years of trading experience on my own, but was always missing something
Do has what micky told you bout it if you want and then you may use the below link and read both the pdf files
Happy Trading .. if you have any confusion .. please feel free to ping @echo kiln @rough pawn and @fresh sparrow 🙂
Thank you mate ! much appreciated !
https://www.tradingview.com/x/d1cf6baX/
never traded this but looks good to me
Gold re testing
just a heads up, so if the ict news said its more than 5 .. it will go down and if they said less than 5 it will go up and if it 5.5 it will increase slightly like what happened in 14 jan i think
sorry i think it was Feb 5.5 and Jan 4.5
Check it out from the charts and news
... any thoughts ?
For me, past patterns based off of news is a tough plan to follow in real time. Anything can happen and there are always other pressing issues lingering as well, on top of the current news release. IE, the unresolved USA debt ceiling is taking a toll on the markets, is it priced in or not, assuming USA will default for a few days? who knows as this headache still weighs on the market makers minds, during any news release....
Alrighty, markets reset and open 
Is this a new group?
Thoughts on gold?
XAUUSD Gold this morning...
Entry rules... Gold on 5 min chart
thanks you
chart?
All Forex in 1H chart, (moving the stoploss on 15 min chart) ... But the Gold, US500, UK100 on 5 min chart
Entry after "closed bar" will breakout the CHOCH line
care to show on chart?
Do not entry before the current bar close !!!
us100 target around 13000
Hy my price action concept indicator is not showing metrics how can i fix it?
Did you check the settings? Is the 'Show Metrics' option ticked?
Yes
Then you prob need to remove the indicator from TV and add it again
I also tried that
not trading today guys, got some things on
haha, you know what's funny
I just looked at Gold
and was like it's 12pm, why's it starting to move crazy
must be news, checked, I see news
definitely not trading today
good luck anyone else today who is
Gold was moving nicely during Asia session
Try a different provider. Not all providers on Trading View have the volume data needed.
yeah I just prefer to not trade news anymore
I've made good profits etc
but.. right. now, I'm on a @echo kiln strat
get my pips and move
Yeah, grab nd go
Only way for me, Grab and Go 
☀️
Thanks it worked
Ohh 30 mins to movement
On your marks, get ready
Gold was going down after not breaking that downtrend
And now it's going up haha
sign was there when it held the OB and then on 5m
straight into the FVG on the 15m
taking the rest of the day off. cya tomorrow
https://www.tradingview.com/x/vktD3qQW/
got lucky but shouldnt be trading on such high impact news
I didnt realised I had the other limit open. I got stacked entries, got out on one and reached on the other, it was 1:7.5 R trade completed in a flash.
I marked gold also but didnt put the limits
eurusd
Gold vs DXY, happens almost everyday
AudJpy perfect buy opportunity. Tower candle formation. Taking tp at previous high
1hr timeframe us what I'm looking at
what now on Gold
It definitely will push I'm thinking since it has mitigated pretty much everything below already the price will drop some then return to push higher
Oh man oops
I missed that move
Stops happen its apart of learning
Actually, new release part of learning, in my opinion, news eats up all indicators and spits it out on the other side. The only tool I see respected somewhat during news is key levels, previous highs/lows, and round numbers.....
I can honestly say that I have seen news and data break many levels...
depends on the asset you trade
for EU, its pretty good, for crypto, its garbage
Agree, however I wasn't using indicators on this trade. I was actually using the tower formation created. I mistakenly ignored the large wicked candle. It was a fake out and as you stated news eats up pretty much everything. Even our sense of price
Forex , Crypto or stocks.. US CPI news this morning broke thru levels.. German CPI data was mute but did have impacts..
I agree with that one... Those are levels where I would see institutional activity come from no where...
Banks love to draw traders in on the round numbers. I personally go a little above or below the round number when trading up or down
plt some round number on some pairs and view tham as S/R and figure out which round number is best for the pair. Ie, for EU, its in batches of 500
for other pairs, it might be in batches of 1000
for the down side EU, the 1.09500 seems to hold lately
That is why I still look at the VPVR sometimes..
Gold rejected the order block above and fell back through the 1hr FVG, was a good short opp
EURJPY
@echo kiln hi, where do i report issues?
lost 1k when it first happen, and gain 1.2k loooool didnt got that much
everyone safe today?, for me, Im letting this day calm down until my chart resets back to somewhat normal 😹
oh dang, from what happened?
i dont know !! things went sideways all of sudden and everything stuck
didnt actually trade today, just made orders on sunday and let the market hit them and do what it gotta do
you mean your chart froze up?
yup
what TF are you on? how many indicators you have on chart? what kind of laptop or desktop? wifi pr broadband?
it can happen if some of the above combo's are just not right...
ill check it out
smaller TF's with a bunch of indicators might cause your charts to lag or freeze....
saw your support post on VIX, looks good to me, what is the issue?
EURGBP
lovely
everyone alive after today's action?
Yeah 🛸
good to hear
with a lot profit 
Waited all day until the markets settled down and indicators reset. Got my 10 pips on UJ
Does the Premium and Discount zones alert as Order Blocks entered?
I don’t believe these zones can be alerted using the Any Alert commands as these are just the high and lows of the most recent swing structures and can and will adjust on each bar if price moves outside of these structure zones.
I could be wrong on the Any Alert commands. I’ll have @flat umbra or @rapid mountain confirm
That's the only thing i can see it alerting from on my chart.
Does anyone also uses the silver bullet strategy?
Nice sell on gold right now
Yess i took it 🎢 HaS pattern on 15M , i entry on right shoulder
I am checking today setting for EURUSD & XAUUSD ... And I will update you with final results soon 😉
What good settings for the indicator?
Gold
Ended up with this on GOLD
Straight into sellside liquidity and a retrace to the FVG
Taken profit here on GBPUSD and out until NY session
There’s built ins for this, they appear when you set a price alert
Nice trade on Gold again, scalping the movement but going to drop out
Gold go high of low ?
Yea I know of those ones, I’ll do a test to confirm what I’m saying.
Buy or sell ?
I would wait, I never buy when it's green tbh, that's not my trading
Moved my SL to entry
I advise you not to ask whether to buy or sell!
You should first learn, practice, and only then make a decision yourself... 😉
where and how do i learn a strategy easily
I hate to say it but there's no easy way
@icy wraith
nice, could've held on a bit longer but @echo kiln strat in full effect
news in GBP soon and also we have $ news at 1330
i am doubtful that gold can hold 2021 again
198X is the wider look
yesterday's gains were wiped out in 2hrs
(not mine, gold's move lol)
there was a huge imbalance
someone here said it was the short of the week
I want to see how it will react to this FVG on the 1H
I do agree with you though, it's retested but, I don't really wanna trade around the news event.
For those who use ICT, I recommend activating this function, and updating Style: Up triangle / Down triangle
For the trend control, from the point the trend start to the point the trend finish... or for the Good Exit points...
i just cant get a good setting for luxalgo exit and stuff someone help
Yep my entries are near perfect (if there is such a thing) but my closings suck
I always leave too much on the table
Major news in 8mins, ladies and gentlemen. Please take caution.
Andrew Bailey is Powells little bee atch..
Let's wait to hear what he will say later
US catches a cold , Uk gets pneumonia, Europe has a sauna 😆
I Miss it
You didn't miss anything, NY session soon starts, there will be another opportunity then
It will either continue during NY or die
but a lot of people aren't trading rn because there's news @icy wraith
I would only still be in on my original entry I took
at 2023 or so
XAUUSD Gold - The price is far from the "Trend line", so when will appear a negative triangle It's time to close long
Gold is taking off
same trade as me!
good holding though, cos I'm on the micky strat I'm not holding for long now
oh ok when is that?
The price is far from the "Trend line", so when will appear a negative triangle It's time to close long
The Netherlands
Yeah, it's at the 15m Bear FVG
I need to get better at holding, even if it's a little
but as I said, I'm just trying to take what I need for now, and remain consistent
Closed long trade (Gold 5 min chart) .
chfjpy
how do you ignore all the others
it's kinda the reason I got rid of signals & overlays
as in how do you know which exit is the one you want to take?
what are your settings luxalgo exit ?
I try to take the trend from beginning to end
Rejected the 15m bear FVG
Looking at the 💵 index for UJ and EU today 
does anyone know the right exit take profit setting?
I don't think anyone in #💱forex-chat follows the alerts blindly
You have to develop a strategy with mulitple confluences, blindly following the alerts on a day like today with news will blow your account.
@fresh sparrow be my mentor
Did you look into what @rough pawn shared here?
okay and where can i find the news?
If you're using Trading View
there's also a news calendar
expecting a bullish $
O ok Thxx 👍
Not trading myself whilst the news event but little short scalp here at the rejection of the 15m FVG
that's a big dump jpy took out of nowhere
out of nowhere, I think there must be some correlation to GOLD I just don't know it cos I'm not familiar
but
it wasn't out of nowhere
lol
Gold did the same
We were talking about it me and @rough pawn
crazy spreads ✅
but this is why we don't like to trade news haha
Gold 5 min chart - "Inside Bar"
flat-ish news
UK100
Gold 5 min - Liquidity Grab https://www.youtube.com/watch?v=3vbw-4KXptI
Get access to LuxAlgo Premium: https://luxalgo.com
All of the content on our YouTube channel is for educational purposes only. No data, content, or information provided by LuxAlgo, the Site, or the other products and services of LuxAlgo, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold ...
everyone alive?
dont know yet
that's what I'm saying

Then u won!
once the opening bell rings, these big shots will take this where they wanna take it....
they are just waiting and stalking....until us home gamers start first
😹
You know what it was actually interesting to watch
when I didn't know about news
all that other stuff
I was always FOMO'ing
For this, I was just watching and then controlling my impulses, thinking ah, this is when I would've normally made a short because I thought it was dying
and then boom
the market doesn't care about me and my little accouint
why would the market care? you're liquidity for them
Higher?
GOLD short
Yes, I see 😉
GOLD 👀
Gold woke up
haha
up
entered this trade, could exit here..
take profit is the green zone, maybe a couple of days, maybe a week...
not yet....hooollllddddddddd
yes, today, im shorting the EU on 1H with 4H
so this is going to take some time, have a feeling this is gonna chop, which is good that im doing this on the 1H today
@echo kiln im looking at the eurusd 1d chart and im going long..
i entered a small long position today and a larger limit order at 1.08430
Your trying to catch the bottom?
What does the DXY daily say? 🤔
If everything checks out, then here you go!!!! Hope it works out...
Hi Anyone help me with the best possible setup for Gold Trading with Lux
Not a gold trader but I see this referenced a lot
thank you
too slow. im taking a nap, london is over
yeah, this is nuts......we need fed to open their mouths again....
Why are you talking about DXY?
At -0.92, DXY has a near perfect inverse correlation to Gold. If the DXY falls, Gold rises, and vice-versa.
sorry, didn't realise you were talking about EURUSD
The US Dollar Index (DXY) is a popular tool used by forex traders to assess the value of the US dollar relative to a basket of other major currencies. The DXY is calculated using the weighted average of six major currencies: the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. To use […]
Look for forex pairs that are inversely correlated to the DXY. This means that when the DXY goes up, the currency pair goes down, and vice versa. For example, the EUR/USD pair is negatively correlated to the DXY, which means that as the DXY goes up, the EUR/USD pair goes down.
Nas100 on the 30 minute. This is a very daring indication 😂
With the DXY trying to push higher on this slow chop day, EU trying to take it down another leg 
the legend says @echo kiln is still holding the short
yup
MF day was garbage slop after news
still holding per my chart
stick a finger in my eye
most say 10pips is too small of a TP, but look at today, 10 pips is painful to get, LOLLLLLL
not moving
aimed for 1% today
got to 0.9% for like 5 times then it dropped to 0.3%
rinse repeat x5 times then it finally hit it
thats the worst,,, but you held your gut and dint close...
I am in the middle of this scenario now
stop at breakeven and disconnect
thats what im thinking......FM
after i do this, then it goes my way
always happens
LOL
classic
If you have notice if the candle is close to your entry level while you know that it is moving to the direction it has to go and you set your BE+, sometimes I feel that broker as set the system in such a way that the candle makes a U-Turn and comes back to your BE+ breaking the trade and then goes back peaceful with one long candle to the place it had to go earlier 😅
That is the most frustrating part 🤬
Anyone give me best settings luxalgo premium?
Read both the pdf files too
He is a new trader about 2-3 months in trading
Still in this short after news release....I guess EU died when the DXY died....
Looking like dxy will get sronger
Will look for eur shortd at 1.0960 if we get therr
Thats what it seems like, right? we shall see.....new day, new chart....leave this day behind....LOL
Yep…got burnt looking for eur longs…thought after cpi since it didnt really move down the 200 sma on 4 hr charts would push it through
But weekly range so far 1.1040 to 1.09……
Will look for shorts airh SL above 1.1020 for a move to 1.08-1.0750
Took a hit but still up 6% since monday so will take it on the chin
Can someone give me a good relative strength index
Have u tried Lux Algo Oscillator Premium?
Yes
It's good but I'm looking for something that has a a small table that shows me number instead of an indicator
Like the table you have on the pic u sent
Which table? the Dashboard table on the main chart?
would this work? table with RSI and other stock indi values, its from Lux
and if you pan your chart to the left, you can see a circular oscillator representation of the Lux indicator.
@dark bobcat
and you can have the circular bands gradient colors....to show overall strength of the move...
any swing 4hr traders in the house?
I was forced into a 1H/4H short hold EU today 😹
I usually scalp on 15, but market was so slow, I didnt want to see the chop, so 4H 1H for me early on
4H EU
sweeet!
Something new looking, something circle looking 
5 min good time frame ?
If looking for the chart on the bottom left that shows eur and usd strength
Idk how to enable it
The currency table, here you go:https://www.tradingview.com/script/I1mIzpqC-Currency-Strength-LuxAlgo/
The Currency Strength indicator displays the historical relative strength of 5 user selected currencies over a user selected period of time. Users can also display relative strength of currencies as a scatter plot, further informing on the evolution of currency strength.
🔶 SETTINGS
Display: Determines the type of data displayed by the indicat...
How’s everyone doing over here in forex?
we're well thank you
just visiting us from stonks?
Yeah just visiting saying hey, make sure @echo kiln is taking care of business
I can’t confirm or deny this
Everyday a good day for me, no complaints from me
OMG, cant decide if i want this to close at BE or hold overnight, everything still says bearish
Fuck it, hold it
told you @worn tapir he's still holding
Sometimes you just gotta hang on to things
yep
Cant you close yours whenever?
true true, dang, your stuck.....hope you dont get nightmares of gaps
Only nightmares I have is when you come into stock chat and act like I do nothing over there

someone has to do some cpr in there

It’s not secret, its more personal, everyone gets their own experience and help
Not like when I dm you and you give me the middle finger
you can bring this overlooked toy back to your mentee's......is all bands are near complete full circle, then bullish, if barely plotting the circle bands, then bearish
So youre holding?
yes, thats why im giving you this toy to bring back so your not leaving empty handed
yup
What is it?
Lux?
Still hasn’t changed much… I strongly believe there is potential to an upside breakout..
can i get the setup link?
Not really seeing much this morning
Hey new here. I have a question. Would any of you be willing to have a talk in one of the voice channels? I fully fell into this business, been doing this since January, lost like 1k and I truly do not have anybody to talk to. I just want to talk to some of you about everything bottled up. I a writing this here because I exclusively trade in Forex. Can someone please help?
This indicator is an implementation of a circular barplot aiming to return the market sentiment given by multiple normalized oscillators. These include the relative strength index (RSI), Stochastic %K (%K), Linear Correlation Oscillator (ROSC), William Percent Range (WPR), Percent Rank (%R), and money flow index (MFI).
The length period of each...
@echo kiln EURUSD finally took out 15m lows, did you get your short TPd?
XAUUSD Gold - Short Trade



