#💱forex-chat

1 messages · Page 52 of 1

obsidian magnet
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Don't do it like the idiot who did mine

left flax
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i got to get Nitro ...all this fancy stuff

echo kiln
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UJ 10 pips

echo kiln
left flax
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yeah or the gym

midnight pivot
#

Anyone long on gold today?

blissful leaf
midnight pivot
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they love to get swept Asia 7/10 is used as manipulation / consolidation

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but both today and yesterdays Asia highs are presented as strong highs for this downtrend

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I smell fishy

magic forum
left flax
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Nothing fishy .. look at USDJPY .. and USDX .. both bullish ..

midnight pivot
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ok.

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Thank you guys

left flax
#

if they are steaming ahead why Long Gold

echo kiln
keen dawn
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What about doing long on EURGBP? 5min

fathom stump
#

Got 10 on USDJPY! Matrix is so on point

midnight pivot
# echo kiln GOLD

I’m not saying it will happen but on the 15 min chart it is progressively having larger rejection wicks and smaller down pushes every time a new low is established as well

obsidian magnet
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i want to long UJ

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but this sell on the 1hr matrix got me doubting

echo kiln
midnight pivot
left flax
#

Im off to the Mosque ... catch you all in couple hours ... ITS FRIDAY !!!

echo kiln
echo kiln
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ok ok

left flax
left flax
#

🤣 🤣 🤣 🤣

magic forum
iron templeBOT
#

@magic forum has earned the Lux Level 1 role!

Ethan H just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

obsidian magnet
#

@magic forum i stayed out

magic forum
midnight pivot
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Gold moved 30 pips up while DXY only 6 pips down

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If I see DXY break more structure I long Gold

fathom stump
echo kiln
midnight pivot
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100%

I know the confluences I had weren’t like super strong

but because of the fact that there were a good amount of them, did accumulate and made the move happen it seems like

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70 pips now from when I mentioned it.

I’d like to see it tap into a FVG it left behind or return to the 15 min OB left behind

latent socket
echo kiln
#

NEW EPISODE

west moth
#

Never gonna catch me missing an over bought or over sold signal on the Matrix LMAO. I don’t know how it’s calculated, but the OB and OS signals are insane.

west moth
latent socket
# echo kiln https://youtu.be/jlzkhwtIghk

Quick question. Do you wait for the HA to change to red or green to enter a trade? Sometimes I get a buy or sell signal on a purple HA, but I wait for the change before interring a trade, but I see I'm missing some pips by waiting. 🤔

latent socket
west moth
echo kiln
west moth
#

Just turned these on for the signal alert

analog locust
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EN, 1HR: There is a breaker OB just formed with a nice BOS sitting on it. Watch out for how matrix will present the continuation to the upside. Initial entry = 1.79417, 2nd entry= 1.79695. Something to watch for on Monday.

echo kiln
#

☝🏽

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ideas?

hybrid spruce
analog locust
#

TO ANYONE IN EUROPE: DO YOU RECEIVE EMAIL FROM TV FOR EUROPLE SALES OFEER OF 65% DISCOUNT. THE EMAIL BACKGROND IS PINK,I THINK IT IS A SCAM. ANTBODY?

crimson tide
#

What are you referring to when you say pips and ticks?

icy wraith
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hi micky what is you setting with that its nice

analog locust
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Have a nice weekend, everyone

echo kiln
echo kiln
limpid terrace
west moth
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I have finally found a possible use for using the Liquidity grab feature. monkaThink

west moth
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I’ve done a bit of a “study” on Liquidity Grabs and the Predictive ranges.

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Liquidity grabs that “pierce” into the other range can work as a possible high R/R contrarian/reversal trade.

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Here are two examples of Liquidity Grabs I would ignore.

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Finally I have an example of a type of Liquidity Grab set-up that I would’ve taken, but ultimately have lost.

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This on its own seems like it can make for a very profitable trading strategy, as long as one is consistent. That being said, I have not backtested this, and this is merely a bit of homework I did for myself to find a way to incorporate the LG with my favorite indicator: LuxAlgo’s Predictive Ranges.

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That is all for now lol.

west moth
dreamy narwhal
echo kiln
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Morning

west moth
wide knot
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Hey

echo kiln
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Hey there

west moth
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Firstly, when finding an entry on the 15 min TF, when I zoom down into the 5 minute chart, I noticed I could adjust the TP to align with the second range down to garner a few more pips. (Remember: the SL is small so if you’re adjusting lot size to always risk 1%, a few pips can be very significant).

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Another thing I decided to look into was entering trades based soley off of the 5 min chart, and targeting the range that’s two lines away instead of only one.

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I was surprised by how successful these trades were. Especially because it increased the amount of trades that were taken in the similar timespan. However, more trades also meant a couple more losses!

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All in all, I believe it is possible to base an entire trading strategy using the Liquidity Grabs and Predictive Ranges, while only looking at the 5 min and 15 min TF. I also believe that since Liquidity Grabs don’t happen all the time, it can be possible to balance this with a 9 - 5 job, (depending on the job, of course).

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That’s all for now. I’ll try using this strategy I’ve created based on this study on just EUR/USD next week. I’ll make sure to share the results.

wide knot
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Looks good

snow beacon
echo kiln
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Rise and shine on this side of town cheers

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Morning

echo kiln
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Anyone watching the FX open soon?

rigid egret
#

can i get this discord on a app

echo kiln
rigid egret
#

i cant find it?

echo kiln
rigid egret
#

THANKS SO MCUH

iron templeBOT
#

@rigid egret has earned the Lux Level 1 role!

lleong19 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

rigid egret
#

MUCH

west moth
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Happy market open ☕

rigid egret
#

aud/jpy looking good on the buy

left flax
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Be careful 95.75 level

thin beacon
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We're in it #alwaysminting 5892_parrot

rigid egret
#

@thin beacon you in a sell

echo kiln
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oh boy, two of you in a battle

rigid egret
#

haha no we all trying to win

iron templeBOT
#

@tired terrace has earned the Lux Level 1 role!

.g0ld. just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

light ibex
#

Love all those emojis 🙂

echo kiln
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Got my 10pips AJ, it was touch and go, but got it. Im out.

light ibex
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Nice one

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I'm looking at AU

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Did you watch any trading related videos on the weekend?

left flax
#

Morning Morning

echo kiln
light ibex
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Are you seeing the chop on AU?

echo kiln
left flax
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Im watching AJ ..yep

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GN another one

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GBPNZD

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EA up against an OB

echo kiln
light ibex
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Good start to the week lads!

left flax
#

Retracements in Forex trading are commonly assessed through Fibonacci retracement levels, derived from the Fibonacci sequence - a series of numbers where each number is the sum of the two preceding ones (e.g., 0, 1, 1, 2, 3, 5, 8, 13, 21, and so on). Technical analysis utilizes key Fibonacci retracement levels, such as 38.2%, 50%, and 61.8%, to identify potential support and resistance levels in the market.
However, my focus lies on evaluating potential pullbacks or retracements from specified levels within a trend, specifically originating from an Order Block. The probability of retracement from that point is of interest to manage SL better and or gain traction within the trend better.
Using the LuxAlgo indicator, the common practice is to enter upon the appearance of the first Green Candle or during the Purple Candle. Nevertheless, I propose that the focus should be on analyzing the Order Block rather than relying solely on the color of the candle, often red.
When combining the concepts of Higher High (HH), Higher Low (HL), Lower Low (LL), Lower High (LH), along with the presence of an Order Block, the probability of retracement appears to be lower than subsequent entries after that period.
For instance, considering a simple Long position...

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This just a start of a small research project ..and 1st draft

echo kiln
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UJ for 10 short

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This time on 5m

blissful leaf
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wakey wakey @left flax

left flax
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caca_ wassup brother

blissful leaf
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you're on the watch now my bed time has arrived

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😄

left flax
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Im going back to bed in 15

blissful leaf
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i was talking to @echo kiln the other day, busy behind the scenes IRL but been placing trades

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awol on discord don't worry i didn't get rekt

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when people are awol they're usually rekt kekw

left flax
#

Ok cool ...always great to see you on here

blissful leaf
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just rekt at work and i have friends coming over next week from south korea visiting as well

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so next week i'll be proper awol. this week i might visit discord

left flax
#

AUSDNZD steaming

blissful leaf
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loads of events this week so hopefully big pips

left flax
#

AN came right off that OB @ 1.0900

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1hr chart

blissful leaf
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yeah just seen that. gz if you took the trade

left flax
#

yeah my kind of trade

blissful leaf
#

offski to bed otherwise i'll play games again til 5am 🫣

left flax
#

come play eveonline sometime

blissful leaf
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i didn't get into eve at all when i was young unsure why

left flax
#

takes time ..Ive been going since 2003

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beta

blissful leaf
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yeah exactly a 20 years old game. i play something similar aka spaceships but no visuals. still strategy if you heard of ogame?

left flax
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No Ill look

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ogame . copm

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com

blissful leaf
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.org

left flax
#

ok

blissful leaf
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was rank 50 world before i took a year break but now it's pay2win so i kinda lost interest

left flax
#

Nice

feral temple
# left flax Nice

helo bro.What do you think about gold. just asking for opinions. thanks, for my learning.

left flax
#

Ill be back later

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🛌

feral temple
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oke thanks fidgetok

light ibex
#

got 16 pips on AU

analog locust
#

Good morning everyone. I wish us all a profitable week.

sterile stirrup
west moth
#

Closed early for 5.06 R/R.

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First trade I’ve taken based on the Liquidity Grab strategy I made. I didn’t realize I was on the HA chart when I took it so I didn’t feel comfortable holding all the way to 12~ R/R.

feral temple
wide knot
#

can one one on EURUSD ?

left flax
#

MORNING

thin beacon
iron templeBOT
#

@thin beacon has earned the Lux Level 1 role!

sisquo18 just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

prisma bluff
#

Any funded trader here with bespoke?

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Have anyone tried before for first withdrawal, yesterday I checked it says next available withdrawal is today, today I checked again it says it is 2 days later

analog locust
prisma bluff
#

Seems to me it is

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It’s my first withdrawal

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Just got funded lately. So I am not too sure how reliable it is.

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I choose this because before that MFF did not offer no time limit challenge

analog locust
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Check some reviews about them to be sure if you will be paid.

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MFF are now offering no limit and now that the big boys (FTMO ,MFF) are offerig no limit , definitely scam one will surface

prisma bluff
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Alright. Thank you

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Ya, after this I will go for MFF since they also offer no time limit plus 12% max drawdown. Which make it really attractive

young lark
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I use the signals and overlays [6.0.3] indicator and buy when there is bullish + and sell when there is a bearish + signal. Is there any other indicator I could use to automatically trade forex pairs

echo kiln
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Morning

toxic wraith
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Morning Micky!

echo kiln
echo kiln
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GO get them PIPS

analog locust
echo kiln
#

Everyone ok with the news?

left flax
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Yes ... BUT messy market .. one word discombobulated

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AU was my only gain ..from 3am ...27pips ...eeeerg...

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AJ might turn around from this OB ...but

echo kiln
left flax
#

🤣 🤣 🤣

echo kiln
#

Any nice charts to post here from everyone? or its just GIF and memes Monday?

left flax
#

I might have put my contacts in the wrong way round ... curved inside out

echo kiln
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Now the dollar wants to push the markets higher

left flax
#

Im OB hunting

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GBPJPY on my watchlist

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Im Long AUDNZD 1.08613

echo kiln
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Doesnt happen every minute, but when it does....

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Here's a strat I posted on OB's

left flax
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LONG GBPJPY 181.017.. I like round numbers closest I could get to 181.

left flax
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Long EA 164.197 ....I hate odd numbers

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nah .. 😆 only cos AUFCHF is bearish ...

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and EA is oversold considering

left flax
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(translation for those who dont have a classical inclination, "WE might have thought you clever had you kept your mouth shut"

blissful leaf
echo kiln
left flax
#

CADJPY does it again off the ole block

left flax
left flax
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This might be an all nighter

echo kiln
left flax
#

USDCAD on my watchlist

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That CADJPY my perfect setup before .... 1hr LL + next candle Morning Star, next candle Purple above an OB just formed ... = 106.950...70 entry ... just doesnt get better than that

vivid mountain
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Looking for this

vivid mountain
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@left flax I’m looking at this

left flax
#

Sorry I was just snacking

left flax
echo kiln
left flax
#

Its pretty much being dictated to by DXY and that wont be clear until after US News

left flax
#

GeT_ have a look at USDCAD

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something could be forming there ..

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might take a day or so

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I do like this 1st draft

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Im workign ona much better ..more scientific analysis

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but the basis of my theory is ...you have less risk OFF an OB inc LL/HH to get early enrty with less kickback / downside

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but def you have to know candle patterns ... not all just a few

echo kiln
left flax
#

well I call it that .. excel spredsheets / backtesting/ etc

vivid mountain
left flax
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I only came to this as I saw many traders ..waiting ..waiting for a green or some divine inetrvention to give them the entry much further from the OB / LL etc ... only to put on an SL below the OB and 20% into the trend ..then panic a ltittle when the pullback happens

vivid mountain
left flax
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\so take my GJ .... or CJ or others Ive done ... I sit and wait until I find that bottom, get the LL ...the OB forms and Im in

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Ive lowered the prbability of kickback ..retrace significantly

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taht GJ I just did .. i put on a BE SL when it was 11 pips into the move .... and jsut sat back onto next one

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thsi is not for everyone ...

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Im owrking on that USDCAD ...

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excuse my texting guys ... my fingers not fast enough

vivid mountain
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Looks like it’s gonna keep going

left flax
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Insha Allah it will

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I did the same with CJ .. and caught what 158 pips off the block doing same thing

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Get_ ..you also with eightcap ??

vivid mountain
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NY having a push

left flax
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@echo kiln cough cough +51

vivid mountain
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You saying 90% negative correlation between GBP/JPY and gold ?

left flax
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@vivid mountain you what i love about doing trades like this ... a good chunk of the time it will get off the OB/LL more than 20 pips ... I wack on the SL at BE and leave it ..forget about it

vivid mountain
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Oh ok

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Wednesday gonna be nice

left flax
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yeah for sure

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whens BOJ ...THursday / Friday

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Friday early ear;y isnyt it

vivid mountain
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Not sure

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Friday

left flax
#

Ok tks Get_

vivid mountain
fathom stump
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TV glitching out. Apparently I can make $10,000 from 10 pips on one lot from UJ?! Lol

left flax
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I thi k youll find its US$70

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Im not sure but check

fathom stump
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It is $70

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It was showing $70. Then went to a different app for a minute and came back and it changed to $10,000

left flax
#

Ok give us the app 🤣

fathom stump
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It was discord

midnight pivot
#

Gold buy?

left flax
#

I dont touch Gold or Futures position

west moth
#

I FORGOT I HAD A TRADE OPEN THIS ENTIRE TIME LMAO

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I was watching YouTube videos and randomly got recommended a vid about day trading and suddenly realized I opened this trade like 1 - 2 hours ago kekw

echo kiln
west moth
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Closed early for 3.26 R/R.

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Didn’t feel like holding all the way to my TP target lol

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Final PnL for the day until NY close.

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Roughly $1,000.00 (4% total gain) after commissions, making for a solid first day of my Liquidity Grab strategy.

echo kiln
#

Everyone good today? and calling it a day?

fathom stump
#

I have about 4 pips to go then I have my 10. its teasing me

echo kiln
#

move the SL to BE?

fathom stump
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If its not done by NY close then I'll probably do that

echo kiln
#

The day was ok, not great, not rekt bad....hope Aussie starts us off better

rigid egret
#

how does the blots work

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bots work the lux algo bots

echo kiln
rigid egret
#

Type “/”

echo kiln
vagrant tapir
#

Morning everyone 💪🏽

thin beacon
#

High risk long, lets try Rocket

left flax
#

LONG EURNZD 1.78245

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This trade not for the faint hearted and carries a health warning

left flax
#

Nice !!! that was quite a good short

echo kiln
left flax
#

Let us know the outcome

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Ive been looking at EURUSD for a bit 4hr back to July 1 ... if it doesnt reverse trend at this point the i think a drop to 1.09400 is inevitable

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DXY going to hit that OB 101.15...20 and bounce

echo kiln
#

🤔

left flax
#

me too Im abouts to go back to sleep

echo kiln
#

over 12 hrs watching this stuff

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LOL

left flax
#

I like AUDUSD

left flax
#

tahst a long shif on the screens

echo kiln
#

🤷🏻‍♂️

echo kiln
#

Sick, really sick in the head

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hahaha

left flax
#

yeah ..for sure even when I go back to sleep now after prays ....chart mind and tactics

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stopped out at BE on my EN... needs more fermenting ..itll come

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AUDUSD on watchlist

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Ok Im all set for when I wake up ... sleep good Micky .. Im gone

echo kiln
analog locust
#

Good morning everyone

rigid egret
#

audcad sell?

west moth
midnight pivot
#

Gold sell?

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Anyone?

echo kiln
#

👋🏽

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Chat during NYSE open 😴

left flax
echo kiln
left flax
#

EURJPY on Watchlist

left flax
left flax
vagrant tapir
left flax
vagrant tapir
#

Easy, are you looking at longing EURJPY?

left flax
#

and AJ

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GBPJPY / AUDJPY / EURJPY

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Let them retrace a little and then enter

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SHORT EURAUD @ 1.63666 errrg

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but watch AUDCHF for EA as its over 70% neg correlated

vivid mountain
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Gold might break up , if it does, I’m aiming for 1994

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Caught a small one while sleeping

left flax
#

@vivid mountain you have a name that makes me smile ... and charts that are sexy ... what next ?

vivid mountain
#

1H is diverging and it’s currently testing top side of channel

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Shorting a small bit to 1945 just in case it won’t break channel and gets rejected

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Whiling to absorb loss on short due to bigger size in long

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Im still holding on this one

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Shorted half of that drop and hopefully will break up , I’m gonna increase TP position to 1994

left flax
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I meant to tell you that Correlation numbers are not constant and change daily .. so USDJPY neg corr to Gold might change to 70% ...60%

vivid mountain
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Indeed

left flax
#

always neg

vivid mountain
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Im still careful on this

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Autochartist recons this and I tend to agree with him on this one

left flax
#

LONG EURJPY @ 156.667

vivid mountain
#

Lemme see

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Interesting

left flax
#

one sec ..oh yee of little faith

vivid mountain
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Not sure , “feels” like trend exhaustion

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Double topped

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Could JPY gain strength on Fridays BOS or what’s called?

left flax
vivid mountain
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Im longing a small bit on USD/JPY though , I think

left flax
#

I have to transfer from my PC to this laptop where I have discord and comms

vagrant tapir
#

Do you market buy or set limit orders?

left flax
#

IF ANYONE knws how to setup a mutual folder between two computers ..please help

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Im using sharedrop.io which is cool but common folder would be great

left flax
umbral geyser
left flax
#

They are on same network ...

umbral geyser
#

Once plugged just choose which folder to share from the folder settings

left flax
#

same system

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can I create a new folder on my laptop or the pc

umbral geyser
#

Yes, just make sure that you can see the other computer under the network first

left flax
#

ok ..let me see

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setup new network ? under control panel ?

umbral geyser
#

Check vip-hangout

left flax
#

ok

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YEEEEEEEEEEEEEEEEEEEEEEEEEEHAW

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GO GJ GO EJ GO AJ

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AJ is stuck

vivid mountain
#

Contraction point into a small slanted H&S

left flax
#

now your talking sexy 🤣

vivid mountain
#

We will see how it developed. Shouldn’t move much today. But tomorrow will go places 🤣

left flax
#

Oh my goodness yes

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we might get 20..30 pips off EJ

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CADJPY on watchlist

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But I should have entered off that OB

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I was so busy talkign about it ...I forgot to take it ...Bonk

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@vivid mountain dont forget USDCAD

vivid mountain
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That’s a tight divergence

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While the bigger hidden one seems to be playing out

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I’m a spectator at this point in time

left flax
vivid mountain
#

Long term sensitivity on 1H

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Im hoping on a rejection from yellow S/R

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It doubled bottom without diverging much so I don’t see it going far

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While is heavily diverging on the move up

left flax
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I think its getting setup for a move North for tomorrow ...or could be a trap

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why the beep ... is Fed rate coming out at 7pm its always 13.30 London

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NY open

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everything else out at NY open

vivid mountain
#

That should be 19.00 London time

left flax
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yeah ..but its always NY open or 3pm London

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never seen it at 7pm London

vivid mountain
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It’s usually on that time

left flax
#

Fed rate ... nooooo

vivid mountain
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Yeah

left flax
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cos the treasuries are clsoed

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maybe Ive been in the desert .. too long ....🤣

vivid mountain
#

Hahahaha

left flax
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OH come on GJ gimme +100 pips

vivid mountain
#

Pretty sure my app is on point. I always follow it and I’ve seen feds rate at 18.00 on the app before too

left flax
#

Ok I beleive you

vivid mountain
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Not sure what time is NY when that happens

left flax
#

tahst 3pm NY 7pm LOndon

vivid mountain
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Yeah then that’s it I think

left flax
#

Im a complete Bonk Im thinking 7pm NY

vivid mountain
#

NY ain’t far from London. A throw of stick🤣

left flax
#

errrrgg why do I have these blonde moments

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GeT_ you in any trades ? if you dont mind me asking

vivid mountain
#

Yeah I am

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Gold 4 positions ( 3 long / 1 short )

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USD/JPY long

left flax
#

Ok cool

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you didnt take the EJ

vivid mountain
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GBP/USD ( equal size both ways at this point )

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I haven’t , no

left flax
#

with dif TP's

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like you showed me before

vivid mountain
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I took GJ but got out quick

left flax
#

yeah its a killer pair ...will hurt you

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unless you know what yoru dojng

vivid mountain
left flax
#

I dont get the benefit of prop firm ... one of them dm me

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and want me to share 50/50

vivid mountain
#

So my risk is $500 more or less to get access to $100K + 30X leverage and I keep 85% to 90% of profits , that’s the benefit

left flax
#

Ah that sound s better

vivid mountain
#

That’s the point. It’s the low risk I’m taking

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If I would have used that $500 with 100X I wouldn’t be able to reach the buying power from the 100K + 30X ( 3M )

left flax
#

alpah capital dm'd me

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alpha

vivid mountain
left flax
#

ah ok

vivid mountain
#

Everyone seems to copy the rules they have now 🤣

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They were the first to not have time limit and even MFF is copying that , seems they were losing traders left and right

vagrant tapir
left flax
#

but FT+ are asking fro 4500 fro 100k

vivid mountain
vivid mountain
vagrant tapir
#

Have you got a trade copier or just flicking between the two?

vivid mountain
#

Not worth risk wise that one

left flax
#

this one

vivid mountain
left flax
#

This interests me as they are with eightcap ..which os one of my maina ccounts

vivid mountain
#

While the bigger one apart from gold I venture on few other pairs but not much

#

I don’t trade gold in same spots between them

#

Though I can as it’s allowed and I also have them on different names

left flax
#

so for $999 they give me 200k / 2 lots in an account

vivid mountain
#

I think it’s not allowed to trade same instrument at the same time with both live accounts in the same name ( 2 max live accounts allowed )

vivid mountain
vagrant tapir
vivid mountain
#

@left flax if I lose 5% in any given day or 10% overall ( from that initial 100K) I lose my $500

vagrant tapir
#

Lot size capped at 40 though

vagrant tapir
vivid mountain
umbral geyser
#

Have you guys actually seen anyone depositing money out of a prop-firm, dunno just me being skeptical. They all seem kinda sus

vivid mountain
vagrant tapir
vivid mountain
#

Even less then 1% , it depends

vagrant tapir
iron templeBOT
#

@vagrant tapir has earned the Lux Level 2 role!

Dlz1998 just levelled up! 🤗📈

At this point you’re considered family here at LuxAlgo. We are so glad to have you engaging with other members 🤗❤️ Keep it up & you might just earn something special ;)

vivid mountain
umbral geyser
vivid mountain
#

But if you can risk manage 10% max or 5% daily you can increase you’re drawdown by making profits

umbral geyser
#

But who knows, maybe there are some good ones. Have not done my research, how do these pro-firms get the initial capital once you past the evaluation?

vagrant tapir
vivid mountain
#

And they keep 10 to 30% of profits made by all traders plus the program fees of all the unsuccessful programs

#

You just wanna be in that 10% to 30% of traders that make profits and you good

vagrant tapir
#

I know they'd make decent money from people failing alone, MFF are pretty transparent and they released stats not long ago i think 80-90% of people were failing the challenges

vivid mountain
#

Yeah , many programs are filled. Not necessarily in same traders percentages

#

Because a single trader could retry several times until it passes one

vagrant tapir
vivid mountain
#

You know one could YOLO all in couple of times 🤣

umbral geyser
#

Gotta do more research before I might sign-in, but who knows 😄

vivid mountain
#

As I see it. I can take $500 and stretch it to $10K as a loss to take 90% of profits out of it

left flax
#

I was chatting with them .. just now

#

for 999 they give me 200k x 30

#

pretty cool and 80/20 split

vivid mountain
#

If I make 20% profit the split stretches to 90/10

left flax
#

nice

#

and they with eightcap ...so thats cool

vagrant tapir
vivid mountain
#

The 10% max drawdown trails behinds the profit you make in your process to reach your 10% profits goal to pass phases

left flax
#

only thing is I have eightcap on TV so will have to put them on MT4 errrrrrrrg

vivid mountain
left flax
#

2.5mil x 30 trading power ?

vivid mountain
#

Yeah

left flax
#

dam

vivid mountain
#

Where you have 10% max drawdown or 250K

left flax
#

you 100% sure brother

vivid mountain
#

Which is basically all the profit you made when you started the 100K let’s say

#

And you can have 2 live accounts max

left flax
#

ok

#

I find it hard that they give me 60 lots in an account to trade from day 1

vivid mountain
vagrant tapir
vivid mountain
#

The challenge is a demo account , yeah

analog locust
vivid mountain
#

It shows in MT5 on Eightcap as demo account during evaluation phase

analog locust
vivid mountain
#

But 1 to 5 Lots on 100K account and 1% max risk is doable with great returns , you can even go 10 Lots sometimes

left flax
#

for sure but 80/20 90/10 i dont mind

analog locust
left flax
#

I do average 10 lots anyway

vivid mountain
#

That’s how I see it

left flax
#

true

#

but insist on SL ...as some of my tardes are Long / Short the neg correlated pair

#

or they dont insist ob SL's

vivid mountain
#

On my 100K all trades need to have a SL and I cannot hold over weekend but I can trade crypto 7 days a week on the Advanced while the Experienced smaller account I can hold over weekend and don’t require a SL and same with crypto but gives me a smaller drawdown limit

left flax
#

Ok Im going to research FT+

vivid mountain
#

So I spent £100 to have 12.5K which gives me $750 max that I can lose or 6% of the 12.5K

#

So I need to use that $750 to make $1250 to pass the phase and I go live

vivid mountain
#

4H divergence still holding well

left flax
#

That USDCAD I was banging on about ... staright off that OB

#

131.500

amber hemlock
#

@echo kiln

#

Which settings in Autupilot you use for your strat?

#

Mid or Short?

left flax
#

Put GBPJPY on watchlist traders !

#

Let it form and come to you

fathom stump
#

Morning all

left flax
#

Morning

amber hemlock
solar python
echo kiln
#

Morning

echo kiln
amber hemlock
#

Tq

fathom stump
#

Got 10 on EURAUD 👍👍

left flax
#

Nice !!!

#

good one

#

you should have shorted AUDCHF same time ...got double

fathom stump
#

It was a bumpy ride. Got in, it went my way a few pips then backfired about 10-12 pips, bu then came around

#

Missed opportunities lol

left flax
#

its all good brother .. + pips are +pips

#

AUDCHF is negative corr to EA

fathom stump
#

Good to know. Thanks!

left flax
#

One of my fav trades ...Long or Short EA .. do opposite with AUDCHF ....but go into positive with either one before enetering the other

west moth
#

Stopped out

#

I swear I checked if there was gonna be any news too

#

But maybe there was ffs

left flax
#

USDCAD ..you beauty ..coem to papi

solar python
west moth
#

I swear I have to go to a million different websites just to get some basic news

echo kiln
echo kiln
#

Its NY time, so everyone here must be getting ready to close the night and go to bed

left flax
#

US NEWS TOMORROW

#

Actually jokes aside ..I think its going to be very positive US News tomorrow

echo kiln
#

LOL

left flax
#

WELL if rate rises are in the mirror ....very very good and inflation under control

echo kiln
amber hemlock
#

@echo kiln Do you use alerts for turning point?

echo kiln
#

I stare at my charts all day

#

The new PAC alerts with Match and Steps are actually pretty good, I will start to use this soon on my PAC template!!!

amber hemlock
#

I use alerts but it's alerting once per bar close and more probability for late entries

echo kiln
#

Stare at my Signals and Overlays on some scalps and have the PAC alerts with another asset for longer TP plays

echo kiln
amber hemlock
#

Want to enter after turning point candle only

#

But it seems good if we se the turning point in real time

#

Once per bar is good i think

echo kiln
#

What about alerting at Turning Point overbought and oversold?

echo kiln
amber hemlock
#

It will alert when turning point shown up but it may disappear later right?

#

We can see turning point only next candle

#

When do you exit?

#

10 pips?

#

Or when TC changing colours?

left flax
#

Here I show 15min entry (my trading style) on GBPUSD. LL/HL + Morning Star + OB enter next candle after MS

#

My entry was the 1st candle after the Morning Star

empty gull
#

has anybody consistently made profit from these indicators for more then 3 months?

left flax
empty gull
#

the oscillator is just a better rsi tho I will say

iron templeBOT
#

@empty gull has earned the Lux Level 1 role!

ethan.tooky just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

left flax
#

This is the pip squad ..thats all we do ..help others and make pips

empty gull
#

I bitched out forex was too stressfull lmao so now I just trade es futures

left flax
#

and when things arent going right .....we stick our hand up yoru skirt ..give you a squeeeze and say ..its gonna be ok ..try this or that

left flax
# left flax

@echo kiln you see that ...exact same setup and candles as before ...keeps coming up ...well to clarify ..you have to hunt for it constant

vivid mountain
solar python
# vivid mountain Yes

Gotcha👍 looked like a short for some time but my criteria didn't meet... gaining some ground now

#

bought GJ at 181.600

obsidian magnet
#

@echo kiln when doing your 1hr / 15 min HA TT / TC strat, do y ou wait for hourly matrix and 15 min matrix to align in same direction before entering?

#

i find a lot of times, let's say everything on hrly is bullish, then i drop down to 15 min and i see that matrix printed buy, TT / TC green, HA is bullish with no wicks on bottom, but then i'll look at hourly matrix and it's trending down or money flow is red or something

#

just curious if you typically wait for everything to align...

echo kiln
echo kiln
#

This looks juicy

sterile stirrup
echo kiln
#

Locate confluences between lower and higher TF charts

vivid mountain
#

Should be a short here somewhere

solar python
#

if the gold falls, GJ could be nice long tho. I read that the Gold is negative correlated with GJ

left flax
#

Morning

echo kiln
left flax
#

AUD dumped

left flax
#

LONG AUDUSD @ 0.67435

#

Im still in my GBPJPY from 181.017 ..

#

I want my 100 pips from that Micky ..I hunted, sweated, squeezed my beeps .. so I want

left flax
left flax
#

I shall return to thee ....

left flax
#

I got all lonely for a minute

#

CADJPY watchlist !

#

1hr we have HL, off OB, a Morning star next candle

feral temple
left flax
#

LONG CADJPY @ 106.914

echo kiln
#

your watchlist is up to 48 symbols?

left flax
echo kiln
#

Call you the Heart Screener

#

🩸

serene nacelle
#

Nope . Should I ?

#

Just check all of them and find one with the best set up I’m looking for ?

echo kiln
#

I want some UJ !

left flax
feral temple
#

I'm still learning the ropes about fx 😱

left flax
#

Thats cool we learn every single day on here

left flax
#

@echo kiln CJ is a certainty BUT its a slow burner

left flax
#

Im off for a bit 🛌 ...

echo kiln
#

lunch?

vagrant tapir
#

Morning everyone, does anyone know how to set alerts for buy and sell signals?

analog locust
#

Good morning everyone

left flax
midnight pivot
#

Anyone buying CJ

wide knot
#

good morning

left flax
#

yeah 51.2% but if you wanna trust what google says ...go ahead

left flax
wide knot
#

anyone on EURJPY it has broken 4h structure, im shorting on lower + lower highs

iron templeBOT
#

@wide knot has earned the Lux Level 1 role!

anilchopra just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

feral temple
#

Hello friend, I want to ask, what in the picture 51% is what? durability? or what? hehe. thank you

iron templeBOT
#

@feral temple has earned the Lux Level 2 role!

Juangustavvo just levelled up! 🤗📈

At this point you’re considered family here at LuxAlgo. We are so glad to have you engaging with other members 🤗❤️ Keep it up & you might just earn something special ;)

echo kiln
# feral temple Hello friend, I want to ask, what in the picture 51% is what? durability? or wha...

Volumetric Order blocks highlight price areas where more informed market participants placed orders while highlighting information such as buy/sell volume taking place within the Volumetric Order Blocks. These are automatically detected within the LuxAlgo Premium Price Action Concepts toolkit.

fluid walrus
#

Test Monday high right?

echo kiln
#

👋🏽

#

💤

fluid walrus
echo kiln
echo kiln
#

🤷🏻‍♂️

hybrid spruce
#

Nice 75 pip move on Gold

midnight pivot
#

I think everyone looking to sell now

#

NZDCHF is at a huge weekly point OI

hybrid spruce
vivid mountain
#

Hoping for ‘94 but I’ll keep an eye on this

midnight pivot
vivid mountain
#

Looking for reaction on 1980 area for next 4H candle

#

A close above that means higher to me and above previous high a new high could be reached

#

A close below I could expect 1960 reaction on one of the two

#

Can’t have enough H&S 🤣

#

A daily divergence with the price making it to 2000 to 2020 would be a good short if this plays out

left flax
#

I added /Loaded more on my GBPJPY ... previous Long @ 181.017 and again today 181.070

#

My SL's are set now at BE ....so sit back nothing to lose if its gets windy on the range

vivid mountain
left flax
#

@vivid mountain The man that makes me smile....you good GeT

vivid mountain
#

Yeah , letting this one roll 🤣

left flax
#

YOu actuallly do more than that for me but 🤫

#

Im talking charts ....of course

vivid mountain
#

What’s on your radar today ?

left flax
#

Im loaded on GJ .... and CADUSD

#

which I kept banging the heart drum about

#

I like GN but might be outta gas

#

and AUDCAD

#

GN for some 10...20 pips right now

#

@vivid mountain Im going to do that F+ thing

vivid mountain
#

Good idea. I got in myself now

#

That looks juicy to me

vivid mountain
left flax
#

the 200k one

#

@ $999

#

anythign nasty I should be aware of they not telling me

vivid mountain
#

Which program ?

#

Experienced ? Premium ?

left flax
#

the drawdown thing Im not too concerned ..ONLY I have to drawdown all not partial

#

Expereinced

#

which better Prem or Exp

vivid mountain
#

Exp is good , 1 phase only and can hold over weekend , also you don’t require SL

#

But lower drawdown overall showing good risk management , reason for 1 phase only

#

So you need to make 20K and you up for races

left flax
#

OK cool 20k .... easy on 20 lots

#

do it while im sleeping 🤣

vivid mountain
#

But your loss can’t be bigger then 6K in any given day or 12K overall

left flax
#

ok np

#

I would have done that this morning

vivid mountain
#

Yeah , one good trade , 20 Lots

#

There’s no commission on gold , just so you know

left flax
#

I dont tarde gold / comms or futures

#

Haram

vivid mountain
#

Yeah I know but you can 50 Lots gold every green candle on 5m

left flax
#

Its Haram for Muslims brother ..futures etc

#

any $ I made would not be good $ ...for me

vivid mountain
#

Oh I see

#

There’s a risk management tool they have

left flax
#

OK

#

ON MY GBPJPY +28PIPS ON THE ONE AND +22 PIPS ON TODAYS LOADED

vivid mountain
#

It’s something simple , like you put risk size and it tells you lot size

left flax
#

ah Ok cool

burnt ivy
#

Hi, any advice here, I am in a short from 1970, eyeing 1964 tp, any advises?

left flax
#

I just hope GeT_ thats its 200k x 30 not 200k

burnt ivy
#

I see hourly fvh around 1964-66 and rsi shows gold being nearly overbought on 30min/H1 timeframe

left flax
#

so that means if I get through all the gates ... to 2,000,000 x 30

#

yeah .... ? 600 Lots

vivid mountain
#

I think we gonna see some big wicks later today on gold @burnt ivy. Hold tight

burnt ivy
#

im hoping to exit before fomc

vivid mountain
#

Might be a cap at 45lots not sure though

burnt ivy
#

i saw ur charts on HS pattern, im hoping for the scenario it breaks 1960 instead of a visit to 1990-2000 range

vivid mountain
#

Though you wouldn’t put that much since you have 3% daily drawdown , probably a 0.5% to 0.25% risk is more reasonable

left flax
#

yeah of course ..BUT nice to know I got a mag full of bullets

#

BIG BULLETS

vivid mountain
vivid mountain
#

Interesting

#

I need divergence and reaction to that level to consider it.

left flax
#

GA is on crack

vivid mountain
#

So I’m looking at a tight descending channel diverging into this expanding sideway range that I can look as inverted slanted H&S

#

Hoping for a divergence and that liquidity swap

#

Took a small one and aiming for 100 pips

left flax
#

@vivid mountain So I’m looking at a tight descending channel diverging into this expanding sideway range that I can look as inverted slanted H&S
[12:09]
Hoping for a divergence and that liquidity swap (edited)
[12:14]
Took a small one and aiming for 100 pips ** I can hear some traders in here going " is he Long or Short **🤣

#

My bad .. sense of humour

left flax
#

I might take it off that OB

fluid walrus
#

come on! dump it

long ginkgo
#

How many premium indicators luxalgo have.?

left flax
#

LONG EURGBP @ 0.85695

solar python
#

Gj short

#

Gold Bullish=GJ Bearish😎

echo kiln
#

😎

#

Morning

solar python
#

Morning🌞

fluid walrus
#

GOLD is in target

left flax
#

MORNING Micky ....hope you slept well

echo kiln
fathom stump
#

Morning all. @echo kiln got an easy 10 this morning with your strat. Everything red on H1 and M15 on AUDUSD. Plus thumbing points down on both TFs

lime locust
#

Guess we’re just going to chop around until the FOMC and rate news.

midnight pivot
#

CJ buys now?

solar python
#

GJ good for long📈 check ur charts

left flax
echo kiln
#

hahahahahaha

left flax
#

I was sweating earlier at around 10.15am London with just the one i had when it broke 181 .. ...

#

But Im sooo cool ... went out to the garden and climbed a tree 🤣

echo kiln
#

WTH

#

LOL

left flax
#

Its a tree tea house

echo kiln
#

doesnt exist, if no pic

fluid walrus
#

Yesterday GOLD retest 1952 area

#

today GOLD has been hurt with US interest rate

#

anyone sell gold?

midnight pivot
#

Anyone looking to long CJ

left flax
vivid storm
#

ICT is king.

left flax
#

wish there was some kind of voting mechanism or toy on here .. DXY UP OR DOWN etc ...

vivid storm
#

learning to trade without indicators and it was the best journey I started.

#

First time back in this chat in like 7 months lol. Not here to stay just wanted to drop this off

#
#

Happy Trading.

left flax
#

I use OB ... candles LL/HH etc

#

but I love having LuxAlgo .... cannot beat it

#

reaffirms what I already know ..but does not make the decision for me

#

and the community here is really amazing group of traders .. so its well worth the subs

echo kiln
#

LOL

left flax
#

heheheh

echo kiln
left flax
#

Yeah I checked him out when the guy came on here promoting NO indicators needed and same guy

#

I know its not my job to vet posts ..but posting guys like that....hell no

echo kiln
left flax
#

no some other name before .. it was about 6 weeks ago

echo kiln
#

oh ok

left flax
#

hes doing the rounds ..drumming up business ..claiming LuxAlgo not needed only him

left flax
echo kiln
#

All good....we do us, they do them

#

What are you watching now?

left flax
#

CJ

#

and GJ

echo kiln
#

I REALLY want to play the rate release fade, soooooo bad

#

easy 10-30 pips

#

LOLLLL

left flax
#

GJ Im up 53 on the Monday pos and +47 on todays load

echo kiln
#

but I maybe too tired to be on point

#

LOL

left flax
#

hahhahahah tahts what Im thinking aswell

#

USDCAD ...

#

great to play during news

echo kiln
#

🤔

left flax
#

playing craps basically

#

but better than gym on roids

#

UJ going to be intersting as beep ... as 4am London BOJ rate decision

#

potential 200pip volatility

low token
#

🌊🌊🌊 OSCILLATOR + SMART TRAIL WINS

echo kiln
analog locust
#

MAJOR NEWS IN 52MINS LADIES AND GENTLEMEN.

analog locust
#

TO ALL THE NEW TRADERS, TRY NOT TO BE IN ANY TRADE UNTIL AFTER. JUST MY OPINION.

obsidian magnet
#

You guys ever long and short the same time on a pair that moves same direction

#

That way even if you lose on one the gains on the other make up for it

left flax
#

why you want to lock in a positive spread you have alreay

obsidian magnet
#

For days like today

analog locust
#

To me that is gambling

left flax
#

some do that over the weekend

#

If Im pos 50 pips or so and want to keep my pos over weekend ..in case anything goes bang in the night ..yeha i would

fluid walrus
#

@left flax what do you think about it?

left flax
# fluid walrus

Sorry Minct ..I just dont touch or do anything with futures, commodities etc

#

and know little to nothing about them

fluid walrus
left flax
#

Yep .... 0.25

sacred coral
#

closed a buy instead of opening a sell on the news candle 🥲

left flax
#

Hope it didnt hurt you ..no loss I hope

sacred coral
#

half account gone 🙂 that's what I get for trying to trade news candle for the first time forex.com connected on trading view lmao!!!

left flax
#

Oh no ...well stick around .. well help you get it back quickly

fathom summit
#

Hi
Is there a video that shows how to use the price action concept signal in detail please.
Thanks

left flax
#

Yes one sec

fathom summit
#

Thanks bud

left flax
#

lots of them there

#

also you can look at @echo kiln in VIP hangout

echo kiln
#

I want this so bad

fathom summit
left flax
#

Yes on youtube ...

fluid walrus
echo kiln
left flax
sacred coral
#

ya'll seen that one video on how to trade FOMC candle? 😂

#

I odn't know if i'm allowed to post the link in here, but it worked a couple times for me

iron templeBOT
#

@sacred coral has earned the Lux Level 1 role!

bullsheedo just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

echo kiln
#

@fathom summit if you scroll all the way to the beginning in #🧠core-lessons and start from there

left flax
#

Wheeeew my GJ intact

echo kiln
#

at least its not jerky

left flax
#

yes ... for sure

#

I think the market today alreay dialed in the the 1/4

echo kiln
#

yeah, price in, so we all been had

left flax
#

Next hurdle for me BOJ rate 4am tomorrow morning

echo kiln
#

LOL

#

BOJ is the big one

left flax
#

were pretty much back to wher we were

#

UC hardly moved

#

OK Traders ... Micky ..see you later going to gym and then foooooood

low token
echo kiln
low token
#

MORE OSCILLATION VIA POW POW 😂🌊

#

Im ngl…. I hate to really be the one to say it

#

But the oscillator deadass shows reversals. They can say what they want

echo kiln
#

It would had been nice, like I wanted to, but didnt do anything today

#

Oh well, tomorrows another day

left flax
#

Oh my days was out the door and heard alrams going off

#

my montors covered in Alerts

tired slate
#

Why can I not find the legacy oscillator on trading view?

iron templeBOT
#

@tired slate has earned the Lux Level 1 role!

satan_the_devil just levelled up! 🍪

Welcome to LuxAlgo Level 1! Here is a cookie for contributing into the LuxAlgo community. Keep it up & thank you for being with us! <3

tired slate
icy wraith
#

they want us to evade the matrix 🚀

tired slate
echo kiln
#

(Joking)

left flax
#

Om days my GJ is intact and steaming..

solar python
#

gbpjpy looks exhausted

left flax
#

Brother Ive been in this beep since Monday ..Im exhausted

rigid egret
#

can someone tell me is luxalgo legacy oscillator

#

with the pacakge?

rigid egret
#

thank you

obsidian magnet
#

@echo kiln you have any recommended pairs to focus on for your signals strat

#

Also do you trade only specific sessions?

echo kiln
#

But for UJ, you need to be sharp. with EU, there is room for mistakes, not much, there is some, but slower