💱forex-chat

[echo kiln]

Shut it down. Markets caught in between good vibes from debt ceiling talks and fed speech

🤷🏻‍♂️

[solar python]

i'm also feeling micky vibes, 10 pips and going ghost lol

it never was a bad idea

[echo kiln]

Only way for me to go

[solar python]

nobody went broke taking profit 😉

[blissful leaf]

0.25% up, gonna ride it a bit

[echo kiln]

Google 5 pip or 10 pip strategy, lots of traders making bank, compounding. Easier to guess a 5-10 pip move, versus a 70 pip move

High win percentage plus trade management

[dapper jolt]

Dollar expectations of pivot being pushed…dxy strongerrrr

Wonder why equities arent taking a hit tho 🙈

[echo kiln]

Debt ceiling making progress, both sides signaling good vibes

Markets wants to push higher

Key word, wants

Tug of war today

[dapper jolt]

True

[woven ridge]

hope u r done for the week lol

[dapper jolt]

Trade what u seeeeee

[echo kiln]

There’s tomorrow

💎

[woven ridge]

hope london session

causin i aint messing with powell lol

[echo kiln]

My TP’s not big, so I’d like to trade everyday

[woven ridge]

big lot?

[solar python]

yeah i remember u said u don't have sl so what's ur max risk @echo kiln

[echo kiln]

Past year it’s 1-2….but I’ve given myself until next month to bring that up to 2-3

Not much

Not a baller

[woven ridge]

good luck my man

we are not tryin to get rich quick right

[echo kiln]

Small lots means less stress for me

[solar python]

what's ur max risk

[woven ridge]

try demo and get used to it

[solar python]

i usually keep it as 10-20 pips risking 1% max

[echo kiln]

I dont use the r/r according to my acct

No SL for me

[blissful leaf]

out now. 2% banked for NY

https://tenor.com/view/exterminador-do-futuro-gif-20118743

[solar python]

so, if the trade goes against you? you might lose more than 5% let's say?

[echo kiln]

Rarely goes against as long as I’m going with higher trend. 10pip moves occur every time every day constantly. High win %

You may use a SL but sometimes that will get hit because of the assets eb and flo dictate that pullback while heading in the overall trend

[solar python]

i should test it on demo. I usually scalp 10 pips with 10 pips sl but that get's triggered quite often... and next trade i usually look for 20 pips to cover up the losses

yeah 10 pips is quite tight for sl got to say

[echo kiln]

I don’t care if the pullback are 20pips and my chart still says I’m ok, I’ll wait for my 10 pips

I can use the trend Catcher as my signal to close out or some other indicator

If I use indicators to enter, then I will use indicators for exit. That’s why no SL

☝️

[blissful leaf]

you got your 10 pips today?

[echo kiln]

Example, enter long when Trend Catcher turns green in direction of higher TF catcher. Then close out when Catcher flips red

That’s it

[echo kiln]

#💱forex-chat message

Yup

Few hrs ago

[blissful leaf]

might try out the 10 pips challenge myself

although happy with the current strat so

[echo kiln]

If it’s not broken, don’t change

[blissful leaf]

i am broken when i ignore my rules

[prime shoal]

What TF?

30m?

[echo kiln]

For me, mainly 1H and 15m

Off the record, sometimes 5m

[prime shoal]

I got beat up this week. Usually I'm 60% win rate.

This week I'm like 30%

Trying to adjust to lux algo.

I think I'm getting distracted

[vague schooner]

which currency pair you like most?

[echo kiln]

EU, UC, UJ mainly

[rough pawn]

@echo kiln Is the EURUSD finished the morning session short ? (5 min chart)

[prime shoal]

Yeah I think dxy might pull back now

[echo kiln]

If I only knew, LOL

I’m actually away from my desk enjoying my day 🤌

Dang, another long I could had taken for 10 if I was still at my desk

[rough pawn]

Since the beginning of the day, on the 5 minute Gold chart, has not appeared even once the "CHOCH", Is this a Bug ?

[fresh sparrow]

CHoCH on the daily though, which is interesting

[magic forum]

G/Y broke yesterdays high, and retraced back to the ob. Time for entry

[icy wraith]

what is your setting?

[blissful leaf]

here it is

[echo kiln]

keep it simple

[nova tapir]

Do you have your sesitivity on auto pilot or you adjust manualy?

[echo kiln]

auto short term, no signals turned on

[nova tapir]

thx

[icy wraith]

can someone tell me what a good indicator is? I am only losing helpppp plzzz

[obsidian magnet]

@echo kiln what timeframes are you using for entries

Vs. The TF you are looking at for long term

[rough pawn]

Sorry busy... several minutes I will share the chart...

[solar python]

wow, usdjpy traders making bags

[echo kiln]

1H 15m (sometimes 5m)

[obsidian magnet]

@echo kiln thanks

BTW any of you guys have any thoughts or strats on avoiding the unexpected high spread that occur around 5PM Eastern? do you guys just exit trades? coming from crypto I'm not used to this

I've been noticing sometimes I enter and the trade goes in the direction I want but i will get stopped out even though I am very far from my stop loss because of volatility in spread increase at 5pm

example in this picture I entered on "blue" arrow and had my target... which price eventually hit but I got stopped out way before on the "red" arrow due to the spread jumping up to like 15 pips when it was originally like 1.4 or something and it was very far from my stop loss

[echo kiln]

You just dont trade that time

with FX, and during low LOW volume, spreads are huge, that can wipe you out

https://www.babypips.com/tools/forex-market-hours

[obsidian magnet]

ok good to know

i'll close it out next time

seems to be around 5pm eastern

[echo kiln]

this charts shows trading volume throughout 24/7

[echo kiln]

thats when FX opens back up, very very VERY LOW volume, the worst of the worse time period

NY closes and the reopens with Aussie market......

within a 24hour period, This is the time you AVOID like the plaque

[icy wraith]

i use this indicator with turn length 20 and time frame 5min what else can i do or change?

[rough pawn]

A) Heikin Ashi is indicator, and on bars is a fake show... I suggest you to use with normal candles for see the real price movement...
B) The indicator's Pivot Length: you should play with it for find byself the number that will good for you...the signals are not use for Entry to trade !!! ...Good Luck!

[icy wraith]

o okay but where do you trade on what points do you bet and go out?

[rough pawn]

Example:
A) CHOCH = Change of character (Its should be your best friend on the chart)
B) At first wait to see "Order Block", then wait the OB will reject the price, then the Entry will be in the next bar after the Bar will Breaking the CHOCH line and closed.

[icy wraith]

o okay what indicators do I need?

[drifting garnet]

Eurusd ready for a little pullback?

[echo kiln]

It's 5pm est

[woven ridge]

@echo kiln hey any idea where I can find the guides on how to use the indicators?

[obsidian magnet]

@echo kiln I closed the trade I was in

Took my 24 pips and ran

[echo kiln]

These may help: #🧠core-lessons #📈must-watch Scroll to the top in both of these channel.....

1 minute

omg

LOL

spreads

spreads during low to no volume will kill your acount, what you see on the charts is not where the orders are sitting

https://www.babypips.com/tools/forex-market-hours

look at this fx session chart, scroll to bottom

it shows you when is low volume and high volume

even worse

for me, for safety, i trade london and ny times

you wont get exact exit's as it wont match what you see on the chart

during pumps and dumps, limit orders are scattered all over the place and who knows what your exit will grab?

[icy wraith]

Oef

[echo kiln]

Just like an other assets, trade when there is good volume and and dont trade during news releases that pumps, dumps and skips

[obsidian magnet]

For my Strategy all the good trades seem to happen at 3am.. so many winning trades during my backtest London sessions

I should just start waking up at 3am

[blissful leaf]

NY closing time baby

first 5 minutes the spread is huge

[echo kiln]

careful, visual backtests doesnt take into account the spreads.....

the chart may look good, but there maybe buy and sell limit orders sitting a million pips away from the visual price bar

exaggeration, but i think you get my point

[obsidian magnet]

Yeah so much diff than crypto lol

The first 2 days lives so far is good though Iets see my results next month

[echo kiln]

on your brokers trading panel/DOM, you should be able to read what the current spreads are

not all, some say safest

you just have to learn how and when to trade

[obsidian magnet]

No crypto is manipulative as hell

[echo kiln]

YUP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

☝🏼

[obsidian magnet]

I'm enjoying the slow pace forex market

[woven ridge]

if the color red on the order block is more than green, meaning it will sell off?

[obsidian magnet]

It means there was a lot more selling pressure at that block so sellers have used up a lot more gas than buyers

[woven ridge]

ok thank you

[obsidian magnet]

There's plenty on youtube

I liked ttcfx guy learned a lot

[echo kiln]

Lux youtube videos? or just "how to learn fx" videos?

[woven ridge]

yoo

yall looking at gbpjpy?

[echo kiln]

oanda and forex.com has alot of "how to trade fx" content on their main broker website

also babypips/com is very good!!!!

[blissful leaf]

or just message @echo kiln he'll teach ya

[echo kiln]

https://tenor.com/view/facepalm-seriously-omg-really-embarrassed-embarrassing-gif-21528014

[blissful leaf]

like honestly

he's an open book. just check the charts he's posting on a daily basis and you'll learn off that alone

[echo kiln]

This video can get you started in the right direction.......compare this video to my posted charts.....https://youtu.be/vpSjJpCpwSE

[woven ridge]

wish me luck boys

[blissful leaf]

i see a falling knife there 👀

gl gl

[woven ridge]

gracias

gotta keep my emotions out and trust this system

[obsidian magnet]

Good luck

Daily time-frame so order blocks are definitely a lot more respected

Usually I would wait for some type of confirmation or rejection candle though to confirm price is being rejected there

[woven ridge]

I checked weekly too lol

[obsidian magnet]

Just my opinion though

[woven ridge]

i respect and thank you for it

[obsidian magnet]

@woven ridge on the hourly trend catcher is flashing red

so looks like it may start breaking down

it's flashing back and forth between green and red

[blissful leaf]

jpy news in 1 minute. shouldn't be a big impact tho

cya tomorrow. play safe for who trades the asian

[clever roost]

hi all, i need some advice, is this a risky move for xauusd?

i set a buy limit at 1962.19

[dawn harbor]

same here

[solar crane]

same here

Trgeting 1981

[cosmic widget]

1983 is OB , i think 1973 much safer

GM all

But London gets stuck for now he is standing still, as if he is thinking about whether to go for a correction or a purchase

[solar crane]

😆

[blissful leaf]

10 pips ✅ @echo kiln

[cosmic widget]

this week on gold, I made over 30% to capital on a funded account, I think I can take a break for today

maybee 😄

[blissful leaf]

nice one, drinks on you

[cosmic widget]

i think DXY have good support on yellow zone (its ITC OB bearish break 4H TF) ... maybe another further growth and another shorting gold?

Who is DXY expert? 😄

[blissful leaf]

4PM will decide dxy's next leg

[solar crane]

could this be the end of the 8h bull push?

[blissful leaf]

and he's back

[radiant sinew]

What I see for gold. Wave 4 retracements.

[fresh sparrow]

I agree, there's also a FVG on the 4H Bearish which we will most likely touch before

what's your entry?

always depends on the entry

I don't know what you mean, doesn't liquidation relate to your broker?

1965.82 is kinda risky imo

I said, I don't know lol

[cosmic widget]

No liquidations on Demo acc 😄

[proper shore]

if im still in this trade near speech time should I just tighten the SL or close it out?

[cosmic widget]

One guy on roboforex, he had 100% success rate on 90 trades on gold, appreciation within 6 weeks +1900% and he had 10 thousand people on copy signals.

Had a short position since 1988. Look at May 23, 23:00, this is the liquidation of 10 thousand accounts

this in 5 weeks on copy , but blow all acc next week 😄 He didnt set stoplosses

https://www.youtube.com/watch?v=M-KmRAjweEs&t
https://www.youtube.com/watch?v=UXcm8glqUNI&t

[fresh sparrow]

@glass tendon

[worn hatch]

@rapid mountain

[cosmic widget]

thanks

[blissful leaf]

this usdcad is keeping me on my toes fs

[icy wraith]

Is hankotrade a good broker ?

[obsidian magnet]

gbp/jpy keeping me on my toes

[icy wraith]

5mim beter or 1 hour?

[obsidian magnet]

H&S forming?? or continuation to downside?

we will see

continuation to upside***

[cosmic widget]

London sucks today 😄 but try breaking sellside liq of London a buyside liq of Tokyo , i am in short ... DXY slowly grow ...

this week was great, I'm trying this on small lot size , I think it's worth a try. There's nothing to lose

[ashen saffron]

EJ looks nice

[icy wraith]

What is best time frame ?

5min or 1 hour

[obsidian magnet]

all depends on you

best time frame is different for everyone..l

i personally use the 1 hour

[cosmic widget]

5M/15M/1H/4H

my favorite

and i have good performance on 1M TF , i trading binary option for 3-4 years

[icy wraith]

O Okay Nice i use now 1 hour

[obsidian magnet]

if you are going to use lower TF such as 5 min / 15 min or w.e just make sure you are doing some analysis on higher TF to understand overall market structure

[icy wraith]

O okay

but for safer is 1 hour time frame anyway if you do lower is usually more risk right?

[ashen saffron]

Would you take a short position in NZDUSD now?

I follow DXY to the 103.0 area where I will look for a short entry in pairs

[obsidian magnet]

what's the reason for it? i wouldn't but that's just me

tracer turned green, smart trail turned blue, broke recent high's

taking a short for me would be going against all of that so I wouldn't but if you have a reason to then go for it I guess

[ashen saffron]

You are right, it is important to be close to the rules and trading plan as you show
Thanks bro I'm mainly here to learn

[obsidian magnet]

price can def retrace and depending on your targets maybe winning trade

i'm just saying I personally wouldn't short it

[ashen saffron]

AJ works well I took it earlier

[fresh sparrow]

Remember everyone trading

News today

So don't be that guy

or girl

[ashen saffron]

🤣

I try very hard to work technically, but only yesterday for the first time I went through phase 1 in FTMO, today I started phase 2

Wish us all success, I'm new here

CJ I took an entry in 30 minutes starting to look good for an entry in 1 hour at the close I'm tightening the stop I won't take another entry

I locked the profits I closed all the positions I'm out

[blissful leaf]

out at 4 pips. just didn't want to move

[echo kiln]

Closing out early is always better than closing out late

[fresh sparrow]

Also ....

@echo kiln FED today no

[blissful leaf]

FED today

[echo kiln]

The best day 🤣

[blissful leaf]

the big boss fight today

[fresh sparrow]

trust me

[worn hatch]

Why do FEDs speech comes in on weekends only?

[fresh sparrow]

There's always a method to their madness

they want us to be on our toes all week

[echo kiln]

It’s Friday here in the states

[fresh sparrow]

It's Friday everywhere

lol

[obsidian magnet]

@echo kiln where in the states are you from

[fresh sparrow]

no?

It's friday here in the UK

[echo kiln]

I thought you meant weekend as in Saturday and Sunday

[fresh sparrow]

well, technically, Friday is the WEEK END

[echo kiln]

In states, we call sat and sun weekend

Sky is blue

[fresh sparrow]

yeah same in UK

lol

but there's a debate

[cosmic widget]

😄

[echo kiln]

I’m going by “strictly”

[fresh sparrow]

hahaha

[echo kiln]

https://tenor.com/view/facepalm-seriously-omg-really-embarrassed-embarrassing-gif-21528014

[fresh sparrow]

I can't believe the thread has 45 replies

loool

Anyway, back to the market at hand

[echo kiln]

https://tenor.com/view/the-best-bollywood-indian-okay-gif-6117320

[ashen saffron]

I took a small amount entry stop 0.6293 ............10pips stop nzdusd There is no certainty of success

[blissful leaf]

now it drops. lovec it

[echo kiln]

got mine biotches

[rough herald]

Hi everyone, just joined. Jun here from Aussie.

[echo kiln]

collected the coveted 10 spot

[worn hatch]

Welcome 🙂

What do you trade ?

[rough herald]

Hi @worn hatch usually AUDUSD

[worn hatch]

You may start from here #📈must-watch and #🧠core-lessons

[blissful leaf]

damn haha good job. got 12, happy with that so far. NY didn't even wake up

[rough herald]

yea thats great. thanks for the head start

[echo kiln]

yeah, today is tough one for sure

[blissful leaf]

i mean, had setup on audusd and usdjpy as well but didn't want to increase to exposure

dxy dumping today so far

[echo kiln]

hows everyone's weekend so far

😹

[rough pawn]

GBPJPY

[blissful leaf]

might be a good spot there. sold eurgbp

[cosmic widget]

anybody shorting with me? 🙂

its incredible but i have in this group 100% sucess rate on Gold 😄

[cosmic widget]

nice i think you in long

but I also wanted to go long, I had the same analysis as you, but when I saw how London got stuck, I changed my mind

[echo kiln]

DXY pushing higher

[rough pawn]

EURUSD @echo kiln Are we going back to short ?

[echo kiln]

OH YEAH!!!!!!!

[rough herald]

who's short on AUDUSD as well?

[echo kiln]

follow the dollar

[blissful leaf]

out again, maybe coming back with powell or play games for the remainder of the day

[echo kiln]

Im in a short on EU, so this might be the loss of the week for me, lets see....playing with house money on this one for the week....

dam dollar is stalling.....playing mind games with me

[cosmic widget]

its friday dayy dayyy

😄

[supple meteor]

its the silence before the storm.

[echo kiln]

its the weekend

[cosmic widget]

😄

best discussion here

[supple meteor]

dxy will rise more.

[supple meteor]

fib looks good, lower low on rsi (hidden div) macd sell volume but not that much low

DXY

[blissful leaf]

took a few pips out from my eurgbp, it's stalling and i don't like it.

[echo kiln]

pusssssshhhhhhhhhhh

[supple meteor]

it will push....hang in there mate

[rough pawn]

The Gold is still sleeping ....

[supple meteor]

GBP/USD falling with nice bigA$$ candles

[cosmic widget]

i quit here

[rough pawn]

Me in Short from 6:15

[cosmic widget]

TP wave gold and i must close 😄

[rough pawn]

I want the Gold in 1955 ....

[cosmic widget]

if I had to risk it, I'd rather take 1957

[rough pawn]

Up or Down ? 😉

[echo kiln]

need dollar to go to the moon

[blissful leaf]

https://tenor.com/view/sluffy-gif-25396068

[echo kiln]

half hour, COME ON

painful

[blissful leaf]

fs and i wanted to go for a dota game i suppose i need to wait now

[left flax]

All economic forecasts are subject to considerable uncertainty. There is always a wide range of plausible outcomes for important economic variables, including the federal funds rate.

Jerome Powell quote .. as effective as the Popes b...

I cant stand the guy

[echo kiln]

If I lose on this, then my fault, gamble before JP opens his mouth

[left flax]

target cable 1.22

[echo kiln]

dxy needs an extra tank of gas to go to the moon!!!!!!!

rounding the corner for the home stretch for JP

[left flax]

Micky you alwasy said ...never go against Daily

[echo kiln]

YUP

do as i say, not as i do

hahahahaha

i know, i gambled on this one

i want the push based on JP's mouth

JUST A LITTLE MORE

[supple meteor]

itsss pushing

[left flax]

i wont forgive Powell ...hes a wrecking ball

Heres another one of hus gems ...The success of monetary policy should be judged by the economy's performance

[echo kiln]

hope he gets fired if theres a new prez in 2 yrs

[left flax]

We need a serious kickass Fed Chair ... strong, fair and vision ...not an abulance chaser with a bag full of bandaids

[blissful leaf]

trump won't fire him

and i have a feeling trump will be in charge again

https://tenor.com/view/donald-trump-dancing-maga-trump-gif-18842875

[left flax]

I think he would fire him .. trump needs some kickass follow him guy

[echo kiln]

https://tenor.com/view/donald-trump-fabulous-clap-applause-gif-15626468

https://tenor.com/view/de-santis-ron-ronald-governor-florida-gif-25099228

[left flax]

Im a great proponent of the USA economy, its land and people ... but with Powell.. Gensler and the like ...its killing USA from within

[echo kiln]

time for me to make a call, either i close out for small win or move to BE and and let it ride

[left flax]

Let it ride

[echo kiln]

OK, moved to BE and letting it ride

[blissful leaf]

YOLO IT

if there's a spike your BE will be ignored

[left flax]

Good man ..

[echo kiln]

oh f-ing well

LOLLLLL

im still up this week regardless

LOLLLLLL

now your putting mind shit in my head

LOLLL

[blissful leaf]

🤔

i remember when powell was in a few months ago, gold tanked $60

most likely staying out

[echo kiln]

chicken

got it

FM

painful

[blissful leaf]

closed?

[echo kiln]

another 10

this one was nervous for me

[blissful leaf]

baller

[left flax]

YOU DID WELL !!!!

[echo kiln]

went to 7-9 pips, then back to -1 to -2 pips, back and forth

[blissful leaf]

that was my eurgbp from earlier on

[echo kiln]

painful range before JP mouth

[supple meteor]

why theres no actio0n. its just stalled. on GU🤬

[blissful leaf]

everyone is waiting for the announcement

[echo kiln]

gonna be chop i think, just current and past feds chit chatting

[worn hatch]

Powell is talking bout his granny 🤣

[echo kiln]

front row seat

[blissful leaf]

massive XAU dildo

[echo kiln]

dang, i dodged a bullet......sh*t !!!!!!!!!!!!!!!

im not doing this again

[worn hatch]

Stay away from news trade

[echo kiln]

https://tenor.com/view/matrix-tank-exciting-time-excitement-excited-gif-25468084

[blissful leaf]

fomo kicking in

[echo kiln]

OMG

[obsidian magnet]

Good thing I didn't short

LOL

I was tempted but stayed out

[echo kiln]

HAHAHAHAHAHAHA

[rough herald]

i was lucky to cover my short with some profit before this

[echo kiln]

this would had kicked my a** to hell and back

[cosmic widget]

I hope you have concluded trade 😄

[left flax]

DAM IT

[echo kiln]

https://tenor.com/view/flush-toilet-press-gif-13733395

[left flax]

Oh well ....still up on week ..not a bad hit but a hit nevertheless

[echo kiln]

Indices and Dollar getting flushed

[left flax]

Bernanke can answer off the cuff ... Powell needs notes and prep answers

He's been given the questions before hand

Scripted

[echo kiln]

They begged Bernie to be there to give credibility and help out freshman JP

[left flax]

yeah ...you can hear he staff going ... oh FFS dont let him be there alone

[echo kiln]

LOLLL, just like Biden's people

LOLLLLLLLLLL

what a mess i live in

but i wouldnt have it any other way

[blissful leaf]

ok treated my fomo to top up to 20 pips for today

[echo kiln]

my AI clap

OH MY, this is why the markets turned on a dime, DEBT talks stalled....

shit, forgot about the debt meeting today

dam

[blissful leaf]

i want that sign me up

[echo kiln]

TOS platform

I always have the live feed in the background

gives me sentiment

[blissful leaf]

another big dildo on xau

[left flax]

Have debt talks stalled ..???

stalled as in no way fwd or just negotiating

Bernanke is going .. wtf is this guy on ... all hat no cattle

[blissful leaf]

https://tenor.com/view/wiggle-shimmy-shaq-shake-excited-gif-11893662

fomc next week

[left flax]

I'm trying to figure how the service sector impacts inflation ..and what in particular

[echo kiln]

playing games, we all know they will shake hands in the end....always have and always will

[left flax]

True

[echo kiln]

i guess no workers, less products/services, prices go up? who knows

[left flax]

The biggest service sector is banking ...

transport

[echo kiln]

who knows, Im not smart enough like JP, LOLLLLL

I just want my 10

me = home gamer = 10

[left flax]

Your well smarter

But ..like at the gym ... if you can do 10 youc an do 20

[echo kiln]

hahaha, thats true

[tired terrace]

10 is like a magic number

[echo kiln]

its a good number for the ebb and flow of FX pairs

5 is even better to be honest

the big boys market makers on the futures scalp a few ticks on a boat load of contracts

[tired terrace]

True 5-10 pairs and 100-150 gold

[left flax]

My style ...is really about getting that exact entry 5min candle and trying to work out that good exit ...Ive kinda gone away psych from looking at the pips gain or loss

Well I try

as example on cable perfect entry for long was 9.10am UTC+1 close was 13.30

then the f..up came short

I should have just been ahppy with the long and gone away from the screen

[tired terrace]

How many trades do you put in a day or how many ideas?

[left flax]

1 maybe 2 max

I only trade one pair ... Im lazy

[tired terrace]

Nice

I do the same kind of I watch like 3 things but max 3 trades a day

[left flax]

Ive tried to get to know 1 pair GBPUSD intimately ...everything I can on it

[tired terrace]

3 ideas **

[left flax]

Ok guys ... Im off to get fish n chips .. muchy peas

[tired terrace]

Enjoy

[blissful leaf]

watch out for the seagulls

here in scotland they're dangerous

[echo kiln]

https://tenor.com/view/ed-westwick-attack-white-gold-seagulls-lol-gif-8933787

[blissful leaf]

HAHAHA

[echo kiln]

i think seagulls are evil everywhere in this world

ive shut down...done for the week, now i troll, who's with me?

[tired terrace]

😂

[echo kiln]

Did a seagull pop your other eye?

👁️

[tired terrace]

Yes hahahaha

[fresh sparrow]

Took this on GOLD

[echo kiln]

Thats a good one, you caught the abrupt turn. nice

[cosmic widget]

nice

[fresh sparrow]

only on news day, I am just like super careful

I wait

I wait

Even when it was going down, I was not convinced

Also, 4h sellside liquidity

[fresh sparrow]

and I mentioned here the 4H Bearish FVG

[blissful leaf]

dxy might bleed lower, never know. might just stay flat as london is over and it's friday afternoon, cya in 3 days

[fresh sparrow]

One thing on reflection I need to do is make sure my trend lines are either hitting the wicks or the whole body, when you actually have it accurate you can see Higher Lows.

When I compare it to the actual trade I took.

[fresh sparrow]

This chart is much more cleaner, I love it

and also would've made for a better R:R

[blissful leaf]

there's always a better rr

the question is where to exit?

you might exit once at the top/bottom with max rr

but next 5 trades might hit your target, but reverse back into sl

do you have the stomach for that?

[cosmic widget]

sometimes 😄

or close 50%

and SL on break even

[solar python]

Nothing fancy but always grateful for another day surviving the markets...

[blissful leaf]

nasty oil sl there

[solar python]

it went straight up on my sl 😅

[solar python]

ah classic

[cosmic widget]

i have another one wait 😄

[blissful leaf]

yeah haha another classic.

[fresh sparrow]

nah that's why I go for 1 maybe 2 x R:R

i messed up this week trying to go for big gain

but going back to basics last two days

[rough pawn]

Sure,😉 in 10:45 I closed all trades

[cosmic widget]

mm i have 20:35 now 😄

but good job

i think its 16:45 my time

[rough pawn]

My last 2 trades, hope arrive to the targets....Have a great weekend to all 😃

[echo kiln]

OHHH, end of day, end of week trades......

[rough pawn]

I closed both them.

[echo kiln]

where you taking us for dinner?

[blissful leaf]

https://tenor.com/view/tonight-we-dine-in-hell-300-gif-11255577

[echo kiln]

https://tenor.com/view/water-balloon-cry-boy-child-fear-gif-24749838

[woven ridge]

hey

can lux algo detect head and shoulders pattern?

[echo kiln]

Yes it does.....

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-pa/liquidity#patterns

With the Lux PAC

[woven ridge]

what about in progress?

as in not yet formed?

[echo kiln]

hmmm, is it's not yet formed, then there's no pattern. It has to form and confirm

[woven ridge]

what do u think?

[echo kiln]

I see what you see....it is formed half way, but this can also be part of a potential patterns though...

it could also be a plain market structure with a higher low and back up to higher high

or might also form a ascending wedge

etc etc

[woven ridge]

guess we got a couple more weeks to find out

[echo kiln]

yeah, thats why we love this game

LOL

I find the pattern wedges are very good in PAC

almost spot on

@woven ridge You into harmonic patterns? check this out

https://www.tradingview.com/script/IfTGj063-Harmonic-Pattern-Detection-LuxAlgo/

[woven ridge]

it says enter x?

[clever roost]

anyone can advice if a sell stop here for monday would be a high risk?

[woven ridge]

what currency?

and tf?

[clever roost]

xauusd

in this scenario, when will the bullish FVG be invalid?

[woven ridge]

it would be valid once it touches the green box but it may not be valid until maybe it touches the PAC and/or the discount

If you place a buy there i would place a tight stop loss

[woven ridge]

hope it helps

[clever roost]

thank you so much

[echo kiln]

Your going to have to read and learn harmonic patterns on your own as i down use it. These are segments of the potential patterns. And D is the last point to complete the patterns. You can read the comments in the TV indicator page as Alex Grover explains how to add on chart…

[woven ridge]

Im sorry but this is new to me lol i have so many questions

[echo kiln]

Then I would suggest start from the beginning and read the entire Lux Algo docs

[woven ridge]

ok I appreciate it

[echo kiln]

Hindsight looking good on the EU, easy right? 😹

[grizzled pine]

Guys what do you use for sessions timings shown on the chart???

[proper shore]

https://www.tradingview.com/script/bkb6vZDz-Sessions-LuxAlgo/

[grizzled pine]

Perfect Thanks

[echo kiln]

Where’s Monday? Can’t find Monday

[cosmic widget]

😄

I looking for too

[magic forum]

Perfect SMC setup on EU. Confirmed with a trendline.

[grizzled dagger]

I am doing intense work to figure out, if and when we have found the bottom of this multi day trend, hence spotting the turning point.
Does Lux Algo have a Signal for that purpose?

[grizzled dagger]

I am using Asian Session Range indicator, it´s free.

[rough pawn]

This week economic news with high impact

[clever roost]

preparing for xauusd once market open, anybody having the same idea?

[cosmic widget]

I am tentatively in long, but I haven't sat down to analyze today, until the evening i will look

4H FVG UP , If I remember correctly

[echo kiln]

Have you tried the Neo cloud or smart trail? With Lux oscillators?

[magic forum]

Looks like a long setup on the daily with SMC

[woven ridge]

I am entering buy
at this level

[trim zinc]

Hi guys

[blissful leaf]

https://www.tiktok.com/@forextrader789/video/7235302056536608006?_r=1&_t=8cVkQB1fG3v

[left flax]

@echo kiln Hey did you go to EDC Vegas ....?

[echo kiln]

Oh hellllll no, I’m too old for that crap and I dont do drugs 👀

[woven ridge]

why the hell are the spreads nasty

[proper shore]

Market Open

[woven ridge]

how long until they are good enough?

[proper shore]

7-8 New York time, when Asian Session starts

[blissful leaf]

should be done in 3 minutes or so

asian session is slower tho, barely any volume.

[woven ridge]

gj is moving now

[echo kiln]

https://www.babypips.com/tools/forex-market-hours

best volumes days are Monday-Friday during London/NY

if you trade now on a sunday, best of luck, god speed, more power to you, and whatever happens, do not blame Lux indicators

[woven ridge]

lux is good lol

doesn't matter if I am swinging

[rough herald]

Hi everyone, good morning from Australia

[magic forum]

Shorted GBP/USD here.

[trim zinc]

Last week was amazing

Looking for helping you guys and helping me 💪

I just need to understand how this indicator work though ?

Guys we can send here signals ?

[solar python]

smart trail red=take only short signals

looks great to me

[trim zinc]

And green ?

[solar python]

vice versa

[trim zinc]

What is the best time frame ?

[solar python]

a lot of people here uses 15min and 1hr

[trim zinc]

✅

[solar python]

use higher timeframe for trend

[trim zinc]

Yeah will doo

[solar python]

watch for @echo kiln and @fresh sparrow , they will show you 😉

[trim zinc]

Man am having trouble with this company it’s called e8

I have funded account t worth 250k I made profit from it I ask withdrawal it’s been 1 week they didn’t pay

This is there last 2 days

They made me miss around 50k 😭

😤

[magic forum]

You deposited 250K to your account but don't know how to use the signals? Not even that green means the opposite of red?

[trim zinc]

No I know green long term but just to double check 🤣

[rough herald]

Hi, sorry for the ignorant, am new here as well. Just to find out, isnt the smart trail blue & red? instead of green and red. Sorry if i'm looking at the wrong signal

still new and learning the premium indicators

[left flax]

I dont think he deposited ... he says value is 250k ... so he might be trying to withdraw excess of that less fees ... probably couple grand 😆

[brave rose]

Hi, Can anyone help me? I making loss even using Luxalgo premium. Can you someone help me with strategies ? It would be grateful to recover my loss 🥺 !

[fresh sparrow]

Yeah, it hit sellside liqudity, had this level marked out last week from the ICT concept and it hit it perfectly in the 2H FVG

[fresh sparrow]

this is my fear with these funded people

you're basically working for them

[left flax]

and then hope you get your profits

@fresh sparrow ok Ive never traded Gold ..only FX and thought I would give it a go

[fresh sparrow]

Nice @left flax

[fresh sparrow]

❤️ 🪦

lool

[echo kiln]

🌞

[echo kiln]

https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/indicator-overlay#smart-trail

[echo kiln]

not my cup of tea, someone always gets screwed with no deserved payouts...(unregulated of course on some island in a hut)

[fresh sparrow]

💯 this is my vibe

[left flax]

Perhaps we should start our own investment trading club or a participation type thing

[fresh sparrow]

Lux Investments

going to buy the domain now

😉

lool

[left flax]

something where quality traders ..participate

[echo kiln]

ok sure, ill hold everyones deposit

[left flax]

Pooled investment

[echo kiln]

https://tenor.com/view/night-lil-violin-im-playing-gif-12065646

heres my office

[left flax]

I just like the idea of having US , Europe and Asia time zone traders ..trading on book 24 hrs

[echo kiln]

Not much huge news today, but be careful as when feds have a round table chat, there's usually some small whipsaws.....

[rough pawn]

USDJPY

[echo kiln]

Well, today not good for me....so far.

1 for 2

1st trade closed out for 11 pips loss, 2nd trade win at 11 pips

🤷🏻‍♂️

time to look at another asset before I call it a day

[left flax]

check out cable for some pips right now

that double bottom 5m

[iron temple]

XAU/GBP - Sentiment

Made with ❤️ by LuxAlgo · May 22, 2023, 2:17 PM

[hot river]

as someone new to forex and going to start paper trading before jumping in - any particular pairs you recommend learning on like EURUSD or something else?

[blissful leaf]

that dxy dump was nasty

out with a dent

[left flax]

EURUSD GBPUSD USDJPY ... FOCUS ON THESE

dont go hunting for pips

focus get brilliant with these

[echo kiln]

same here, tough day...im still stalking, need net win today

I wont settle for BE today

got it, UJ 10 pips 15m

[hot river]

anyone have a recommendation for a forex trading account? My stock accounts are w/ either ToS or Tradestation and I don't think either offer forex

[echo kiln]

Im thinking another leg down instead?

[left flax]

Yeah but good support around 241

[echo kiln]

here we go

[left flax]

come to papi

Im on cable ..my bad

cmon cable go ffs ..stop dithering about

[echo kiln]

[blissful leaf]

not my day

got distracted

closing off

[echo kiln]

stupid fed round table, just like last week

[blissful leaf]

gonna go cry in a corner

[echo kiln]

garbage day for all, nothing news worthy except the fed round table and all crap depends what the say every other minute....

these market makers cant sit tight, POS's

[echo kiln]

https://tenor.com/view/me-when-sad-corner-gif-25663472

[echo kiln]

im still thinking down

nothing makes sense today, so ill pick down

https://tenor.com/view/throwing-dice-quavo-trouble-popped-dice-roll-gif-17702925

[left flax]

1000000000000% true

crazy

[tidal ibex]

hi guys, seems like tuff day for most, i read your discussion about crypto and binance and felt like i m wasting my money and time there, i also have Capital account, what do you suggest either i should stay and invest in binance or try my luck in Capital, i have 1000$ each account in both markets

[echo kiln]

dxy wants to go higher

[left flax]

try stocks chat or crypto

[tidal ibex]

grateful for attention / time and suggestions

[echo kiln]

time to concentrate

[left flax]

BE for me ... ...rethinking

I got some decent pips on the 2.30am

[hot river]

interesting - ToS offers forex. Anyone have experience w/ it? Or what do you use?

[echo kiln]

someone say TOS?

[hot river]

I was researching companies to use. They came up in a reddit thread. Wanted thoughts from here.

[echo kiln]

I use TOS for over sentiment, with CNBC live feed....not the greatest for fast charting etc, not like TV or NT etc...

[hot river]

do you use it for actual trades for forex?

[echo kiln]

depends on the 3rd party indicators you want to use, not many 3rd for TOS

[hot river]

I've been using TV for that

[echo kiln]

Nope, I use TV integrated with Oanda

[hot river]

ah ok

[echo kiln]

hold on, need to manage my trade now

done 10 pips

[left flax]

good man

[echo kiln]

@left flax

GU

Ulti Stochastics

and DXY

[left flax]

nice ...but I went in for a long 242

[echo kiln]

I actually took this trade direct on my oanda first, on mobile

was in bathroom

LOL

[hot river]

Nice

[echo kiln]

because my dam tv mobile was on demo after my UJ trade

FM

[left flax]

Thats double bottom just looks too tasty to pass up

[echo kiln]

oh well

[supple meteor]

are you buying GU?

[left flax]

yeah long @ 2420

I gotta keep pace with Micky

[echo kiln]

Anyone know how to show executions on Oanada app?

[supple meteor]

you should use meta

[echo kiln]

naw, I trade direct on my TV charts with Oanda integrated

[supple meteor]

e no likey 😅

[echo kiln]

I dont do prop firms, so MT not for me, a bit behind the times with MT, in my opinion....

and it may get banned again, who knows

[supple meteor]

banned on ios?

again

[echo kiln]

who's knows, its back I think, but who knows down the line

i dont do funded accts, so not looking at MT really.....

[hot river]

MT being MetaTrader?

[echo kiln]

I just like executing on the charts that have the indicators I use. So TV integrated with Oanda with Lux

[echo kiln]

yes

[supple meteor]

Thanks Mickey.

😂
you buying im selling

[echo kiln]

trade management direct on TV charts, with the indicators, is a HUGE value for me, no way i can manage a trade on MT while watching Lux indicators on TV

[echo kiln]

NO WAY!!! Did you short when I said I liked the down move?

LOLLL

[supple meteor]

yep

4hr its making downtrend

so took that hunch

[echo kiln]

Good for you, but next time, dont follow me, im an idiot

LOLLLLL

[supple meteor]

😂

[hot river]

Not sure I followed your comment around funded accounts.

[echo kiln]

YES, this is why and DXY was going up

[supple meteor]

you said

[echo kiln]

nice read!

[supple meteor]

DX up all down

[echo kiln]

as long as you were analyzing, then ALL GOOD !!!!!!

[supple meteor]

thats another confluence by its own 🥹

argh should have waited

[echo kiln]

very hard to go against the dollar

[supple meteor]

yup

sigh!!! waiting for a pullback. i think that will take an hr or two. before sto makes lower high on GU

15min

its 1.16am still awake 🔥

[echo kiln]

15minutes until some garbage news release...so after that showuld be good

[supple meteor]

those are LoW effect

[echo kiln]

thats what we think, but we are dealing with a-hole market makers

LOLLLLLLLLLLL

[left flax]

🤣

I should just stick to 2.30am amd 6.30am to 11am UTC+1 time

[supple meteor]

4hr theres an order block jumbo 28%

[left flax]

NY does my head in

[echo kiln]

you just wanted to join in on the fun games with us in NY session

[supple meteor]

50pips 🧐

[echo kiln]

true TRUE

[left flax]

So true brother so true

[echo kiln]

NY you need to be on your toes....

I like last half of asian into london

[echo kiln]

do your live trade 2:30 and do demo with us during NY

just no fomo in NY

[left flax]

2.30am London ....through to 11am London ..best times

[left flax]

If I go on a dema account ...being a Muslim I might as well eat pork

[echo kiln]

https://tenor.com/view/lmao-spit-take-cracking-up-haha-so-funny-omg-gif-17921247

https://tenor.com/view/pig-what-gif-26449775

LOLLLL

[left flax]

😆

[echo kiln]

me too, why spend alot of brain power on demo, might as well do live if im using my brain

[left flax]

you an and me "manage" our tardes so its half the fun

thats ball squeeze with our money ...I kinda like it

[echo kiln]

ball squeeze?

dam, that hurts thinking about it

https://tenor.com/view/squeeze-stress-toy-squeeze-stress-toy-toy-gif-5625874

[left flax]

a good squeeze now and again .... cant beat it

get the joke ( cant beat it )

[echo kiln]

more power to you, i just like the scratch instead of the squeeze

[left flax]

I know you sniff aswell ..cmon

after the scratch

[echo kiln]

OMG...time for me to lurk in the other rooms now

[left flax]

this convo ....is soooo off topic lmao

[echo kiln]

delete it

LOLLLLLLL

[left flax]

lmao cracking up ..now I got the giggles

[supple meteor]

Somehow lux saving me from blowing my account. Why why

[echo kiln]

this is awesome man!

u just joined not too long ago

nice!

[supple meteor]

1st month of lux: - its a piece of shit. wanted to give it a another go.
2nd month: - understanding a bit. still making few bad choices

[left flax]

Heartstone screaming to himself for the cable long

[supple meteor]

man im loving that when price makes a trend direction, then lux prints a sell signal. deep down knowing its a matter of time its going to print a strong. same time keep an eye on sto for hidden div.

thats it

even better, when macd red wave ends. more sweeter if macd histo is very high instead price not that low/high

thats heaven

[hot river]

what chart are you watching? (Just trying to learn)

[supple meteor]

eye on GBPUSD

[left flax]

yep Im long 242

20 30 pips will do me

[hot river]

5m or longer? I'm not seeing the sell signal

[supple meteor]

i see FVG on 1hr. last 3candle

if it fills mickey should make money 😂

[hot river]

thx, I see it

[left flax]

Im trying to redeem my reputation after a BE ....Im know Im a hoe but I dont ant the other girls on the street to know that

[hot river]

so you're short and Heartstone is long?

[left flax]

yep

[supple meteor]

im out already. Screenshot up

waiting for a pullback or that FVG fill. enter there if i dont feel sleepy

[echo kiln]

That’s why it’s chopping, both equal traders. Someone else needs to jump and and tip the scales

[left flax]

its you

[supple meteor]

from that pullback short again

[echo kiln]

You don’t want me to short this again

[left flax]

Noooooooooo

Whast not to love with what we all do on here ....!!!!

[echo kiln]

Yup

[left flax]

So different to the crypto crowd... ...Ooooh look at me i sold my etherium and bought a green lambo paying in Bitcoin

I shouldnt say that

[hot river]

I'm a options person, this scares me, but crypto terrifies me. So much market manipulation

[echo kiln]

be nice

LOL

[echo kiln]

u swing this now?

i bet at NY close, dxy will be flushed for you

[left flax]

Insha allah

[supple meteor]

imma go sleep its 2am. SELL LIMIT pending order

[echo kiln]

https://tenor.com/view/praying-praying-for-you-god-love-peace-gif-18029756

[left flax]

lmao

[supple meteor]

see you all tomorrow. Keep smashing those market algorithm.

night

[left flax]

take it easy Artcell

Here we go ....

[echo kiln]

Im gonna short this sucker with 100 lots

LOLLLLLLLLLL

[left flax]

pretty please ..dont ..I will owe you .... lmao

[echo kiln]

https://tenor.com/view/godfather-marlon-brando-scratch-whatever-shrug-gif-8026134

[left flax]

😆

your cracking me up todsay

[echo kiln]

it was a rough day for me, but escaped and ended good, so i deserve to lurk and troll

LOL

[echo kiln]

Now you show up 🍇

[fresh sparrow]

I've been here the whole time

https://giphy.com/gifs/eye-rings-sauron-f3Fq267SERQm4

[echo kiln]

Sneaky lurker

Ok ok

[fresh sparrow]

🤣

got my pips just now

[blissful leaf]

i also got my pips

tomorrow maybe

should have just watched the markets fs

[echo kiln]

@left flax I’m still pulling for you. At least it’s stalled for a long time at this level

[fresh sparrow]

The breakout

[hot river]

What's the indicator at the bottom of the chart? Also - what's the Currency Relative Strength indicator you're using? Can't seem to find it in TV.

[blissful leaf]

Ulti Stochastics

[echo kiln]

Lux Algo Currency Strength

[hot river]

TY both. now to figure out how to shift things around and get the stop and profit sections on Reiss chart.

[left flax]

At last ....

close at 244 or hold for 246

[echo kiln]

u going to close out at BE or small win? or you going for the big win?

[left flax]

I longed at 242

so Im up 20 pips

[echo kiln]

245 close it and go to dinner

LOL

[left flax]

Your right .

[echo kiln]

20 pips though, you know me, id be gone already

LOL

[left flax]

yeah I know ...its all good

I hated that BE during NY

i closed ...going to eat

[echo kiln]

UJ short?

[left flax]

No brother I went long previously ..recall and it dumped ...so waited to enter that 242

That double bottom was to good to miss

so I had that BE when I was long previous and did a BE and then came down to the 24170

so took a long at 242

16 pips profit

cable

i only trade cable really ...

[echo kiln]

[left flax]

nah I prefer Asia and London time trading

NY is .... for the ballers

NFL team

[worn hatch]

London session sucks past few months, Asia and US is doing the job of what UK had to do ..

[left flax]

You can pick up 60pips quite easy London session

on cable

[worn hatch]

that all happen on sideways

buy and sell and again buy and again sell ... to much work for a scalper

[left flax]

Well thats how us hoes make our money

horses for courses

[hot river]

how long do you typically hold a position to see a 20pip movement?

[echo kiln]

Sometimes it’s quick, sometimes takes hours and hours

Maybe 24 hours too

Just depends

[supple meteor]

@echo kiln this morning it tapped 😂😂. Smart trail retest. Because im an idiot i didn’t hold. Instead cancelled just before work. Why it didn’t happen while i was asleep😅

[rough herald]

Good day all Masters here, just wondering for a Day Trader, what is your timeframe for trading? 5m, 15m or 1H?

[left flax]

Morning

[solar python]

mornings

[solar python]

eurusd

dxy

[rough pawn]

GBPJPY - This early morning was the optimal setup includes all elements for entry to short 😉

[hasty harbor]

I am in GJ long..lol

[fresh sparrow]

I think a bit of a late entry into this one

[supple meteor]

XAU LONG sir?

[fresh sparrow]

I think it's trying to hold this FVG on 2H from April.

[fringe copper]

yes to me

[supple meteor]

hang on im riding. i see FVG.

its a pullback long, not long term. Good call Reiss.

[fresh sparrow]

maybe here is good entry

[fresh sparrow]

haha thanks, don't put your life in my hands though lol

[supple meteor]

that looks like 60pts.😅

[supple meteor]

this is precision mate. pinpointing exact FVG.

[fresh sparrow]

😓 haha lets just see what happens anyway because Gold has been moving crazy this week tbh

[supple meteor]

dxy high thats why.

[supple meteor]

you shorting again from Price 1969.72?🙏

[fresh sparrow]

No no

I do one trade

maybe 2

if my trade is wrong, I close shpp

[supple meteor]

i gotta do 1more with Mickey🤣 tbh i started liking these

[fresh sparrow]

There's your 1:1 R:R if you want to take it

[supple meteor]

already stop on BE 3pts

[fresh sparrow]

there we go

nice

[supple meteor]

added trailing stop 300 pts.

[fresh sparrow]

I don't know pts sorry

[supple meteor]

mt4 300 not actual

[fresh sparrow]

Moved SL to entry now took my 1:1 R:R for the day

[supple meteor]

im out too

[fresh sparrow]

SL move to entry, we still have a little more room maybe imo

[supple meteor]

30points for me Not bad. Thanks ReiSS

AFK for some time.

[fresh sparrow]

Lovely

[prime shoal]

that feeling when tp smashed

[echo kiln]

Got my 10

[left flax]

Morning Micky

St. Louis Fed President James Bullard said that the central bank will need to raise interest rates two more times this year to stamp out inflation.

UNREAL

Seriously ...two more what 5.75

Fed rate by year end 5.75 ...5.8 ..thats insane

[echo kiln]

he can stay in st louis

[left flax]

Ive been there ..I know what you mean

[echo kiln]

ive seen pictures, still dont want to go

LOL

[left flax]

BEST place I worked in the USA was NY and Austin TX

SF nice ...my football team

But LA ..hell no

[echo kiln]

got another 10 on UC

[echo kiln]

100% NYC for sure

anyway, lets stalk the charts again

[prime shoal]

florida , love the beaches\

[echo kiln]

next hour may chop? a pmi and home sales

[left flax]

Where did you get that Currency RSI ?

[echo kiln]

Lux free

https://www.tradingview.com/script/I1mIzpqC-Currency-Strength-LuxAlgo/

[supple meteor]

Hello Sir.

[fresh sparrow]

Out of this one, but the original entry was beautiful.

[supple meteor]

well eventually it reached FVG.

[fresh sparrow]

yep lol