I'm looking at Dax now
#💱forex-chat
edgy wolf
vast quiver
shy trench
lapis gulch
nice
toxic wraith
USDCHF looking strong ....
shy trench
USDCHF looking strong ....
Ye might go out of the position before data hits tho is quite a short sl dont wanna take the risk
obsidian magnet
bagged a nice 19 pips during London
shy trench
bagged a nice 19 pips during London
prime elbow
caught this before the news
tired slate
yo 😎
tired slate
no no no no no no no. no bitcoin for me
echo kiln
no no no no no no no. no bitcoin for me
tired slate
https://tenor.com/view/i-think-you-might-like-it-andrew-baena-youre-gonna-love-i...
i know for a fact, that i do not
you see that call i made tho. that was a good one
echo kiln
you see that call i made tho. that was a good one
nice NICE
elfin linden
ashen lintel
I know there's Gold players here
midnight pivot
Anyone looking at EURAUD
echo kiln
Anyone looking at EURAUD
Looks good
shy trench
@echo kiln i just started a challenge for a 100k account for the first time. 10% profit target 3% daily drawdown 10% total drawdown. What do you think would be wise exposure on a 100k account?
I was thinking about 0.5% a trade since i aim for 1 on 3 profit a trade. Would mean if i win 10 out of 20 trades (lose 20 trades in a row would mean 10% drawdown)
I have 10% profit target reached
Lets say it go bad and i win 25% of my trades i break even
echo kiln
<@881016788702330900> i just started a challenge for a 100k account for the firs...
I actually dont know here as I never experimented with challenges and prop accounts
shy trench
10 winsx1.5= 15% 10 lossesx0.5=5% = 10% reached.
5 winsx1.5=7.5
15 lossesx0.5=7.5% = break even then i can start over
🤔
echo kiln
Easier for me to trade with my own rules than someone else's rules
shy trench
Easier for me to trade with my own rules than someone else's rules
Thats true but if i can get my hands on a bigger capital and abuse the shit out of it and fund my own trading account
With the profits
Would mean that i could stop with working and focus even more on trading haha
Dreams 
echo kiln
EUR/USD tanking some more
USD/JPY going the other way
Why?
The dollar index correlation bias
echo kiln
https://tenor.com/view/hiding-on-the-tree-ryan-higa-higatv-spying-afraid-gif-218...
OH LOOK who decided to show up now
blissful leaf
https://tenor.com/view/hiding-on-the-tree-ryan-higa-higatv-spying-afraid-gif-218...
CHRIST
minor venture
Are we allowed to post here
muted bison
EUR USD seems to be playing out the bear play
and looking back at my 4h TF set up / analysis, would of been a sick short
here price reached the zone I was expecting in bearish scenario
first hourly heiken ashi candle turning green, potential shor term buys / retracement could be starting
Wonder if a retracement to 1.0700 could be in the books. WIll keep watching 
shy trench
Wonder if a retracement to 1.0700 could be in the books. WIll keep watching <a:e...
Could happen
Breaker block on 4hr
At 1.6975
icy wraith
My girlfriend told me to quit trading and go work like a real man 🙄🙄
shy trench
tired slate
My girlfriend told me to quit trading and go work like a real man 🙄🙄
tell her to stop watching dr pearson and to watch some andrew tate
icy wraith
Lmfao she hates Andrew Tate 💀
tired slate
she should watch whole episodes and not small cherry picked clips. i dont like him actually, but i cant deny that he is smart. he is a child fore sure. but a rich child with a strong moral foundation. but if i had that kind of money, i would be a child too
favorite andrew tate quote. "how many bugattis do you have?" lmao
blissful leaf
ban the_devil
mellow violet
@echo kiln Hello Mr Micky ! can you share the color scheme for you 4hour chart the one you showed on the session today ?
echo kiln
she looks to be ready for a retrace
She's been looking like that for days already....
LOL
echo kiln
<@881016788702330900> Hello Mr Micky ! can you share the color scheme for you 4h...
I have my template posted in this #1137449177249488968 message
Just go to Pinned posts
tired slate
She's been looking like that for days already....
no no... its time
mellow violet
I have my template posted in this https://discord.com/channels/64177028663869440...
The color scheme of the one you showed today is not there 😦
@echo kiln
tired slate
omg...
blissful leaf
right click on the chart -> Chart settings -> Canvas and select the colours you want. @echo kiln's colours won't make you a better trader 
shy trench
Who cares about colors 
blissful leaf
https://tenor.com/view/damn-damn-damn-damn-damn-right-dame-time-gif-18029769
i'm just here to say hi 👋
blissful leaf
tired slate
i think i peed a little😂
icy wraith
Oh hell no he said he didn’t like Andrew Tate
YOURE BROKEEEEEEE
FUCKING POOOOOOOR
How we doing for the week everyone still green?
tired slate
nope. im broke and fug'n poor lol
shy trench
How we doing for the week everyone still green?
Ye hbu?
shy trench
Working on my strategy for my 100k challenge
icy wraith
Heck yeahhhh man
shy trench
I think i will go for 0.5 exposure a trade
0.5%
Since i always go for 1 on 3 profit targets i would makr 1.5% for a win and 0.5 for a loss
If i lose 20 trades in a row i lose the acc
Ideally in the first 20 trades i get 10+ wins would mean
10x1.5= 15% lets say 10 losses out of 20 = 0.5x10= 5 % = 10% profit target reached
If it goes worse it take some more trades and aslong if i win 25% of my trades i will break even
5x1.5= 7.5 wins
15x0.5= 7.5 losses
= break even
tired slate
I think i will go for 0.5 exposure a trade
I do .4%
echo kiln
🎃
tired slate
25 trades will get you the 10% ti get a paycheck.
Every pair I trade looks exactly the same right now except UJ.
UJ doing it’s own thing lmao
echo kiln
hahahaha
shy trench
@echo kiln i might found one that makes sense and is on a beginning of a trend reversal. And makes kinda sense with higher time frames.
Gbpnzd
shy trench
4 hr timeframe: desc triangle macro + asc bw both bearish
icy wraith
ITS ABOUT TO MOON YALL LETS GOOOO
shy trench
Dayly: broke sym triangle to bearish
Weekly: 2x asc bw = bearish
Both wedges are at last top now.
4hr timeframe: bearish neo cloud just started will candles soon turn from purple to red?
1hr timeframe: red candles, trend catcher bearish, bearish strong signal, money flowing out.
ashen lintel
https://tenor.com/view/catpeb-andrew-tate-dancing-slay-andrew-tate-gif-27474588
bottom G lol
GM
ashen lintel
did you set position in market already?
ashen lintel
midnight pivot
I’m looking for potential shorts inside that fvg but seem dangerous tbh
would prefer to enter off of an ob higher
ashen lintel
I’m looking for potential shorts inside that fvg but seem dangerous tbh
wns
muted bison
did you set position in market already?
nope
I had taken a long on the day of my analysis
muted bison
thats looking like what EUR USD just did
lmao
def a nice level we headed to on gold rn
midnight pivot
wns?
ashen lintel
thats looking like what EUR USD just did
but saw your short position already
ashen lintel
i put the restrace till 1915 but i doubt actually possible at around equilibrium
1915-1920
tired slate
Gold might have to travel a little further before a drop. But UJ still needs a retrace soon. However UJ is trying to make a run to the 50 level…
So my opinion is
🤷🏻♂️
ashen lintel
Gold might have to travel a little further before a drop. But UJ still needs a r...
i still wait and see for gold, UJ and EURUSD start to reverse
ashen lintel
Gold might have to travel a little further before a drop. But UJ still needs a r...
50 was UJ last ATH right? 😦
tired slate
tired slate
Lots of stuff going on. Price HAS to drop but WANTS to reach that level again
ashen lintel
tired slate
Lots of money to be made no matter what. Don’t get it in your head that you have to be in a short position. If the market wants to go up…. It’s going to. Will you follow the current 💵 as it flows in between the banks? 🏦
tired slate
Cocaine ?
ashen lintel
hahaha
midnight pivot
EURAUD buys
tired slate
UJ is being disobedient to physics right now. It’s going up…. And not coming down
Glad I didnt ride that train. I’d be hurting
echo kiln
UJ is being disobedient to physics right now. It’s going up…. And not coming dow...
Told you, sucker keeps going with the dollar
Insane
tired slate
Of it hits that 50 level I’m putting my life savings into a short
tired slate
Ok you got me. Just half
minor venture
👋
echo kiln
Anyone watching CABLE shows?
echo kiln
DXY still at nose bleed levels
blissful leaf
DXY still at nose bleed levels
got pushed back twice on the daily from here
echo kiln
got pushed back twice on the daily from here
It's nuts
Everyday we think it has to drop and dump now, but then smacks us in the face and pushes higher
obsidian magnet
i don't think DXY is done
moving into end of next week i think it'll target 105.883 level
just my thought
and then from there hopefully start to see it break back down
icy wraith
Yeah I got my guts blown out by forex today
icy wraith
100k account?
ashen lintel
godamn xau still up
shy trench
Anyone watching CABLE shows?
Would have been a nice short on bounce on 200 dma
But was to late
tired slate
I have no trades running bc of the mess USD and JPY are causing in every pair they are involved in.
Sombody broke it
That’s just an excuse. I’m driving right now lol.
Give me about an hour
lapis gulch
What is the size of this account lol
obsidian magnet
100
ashen lintel
@muted bison are you ok bro?
ashen lintel
I have no trades running bc of the mess USD and JPY are causing in every pair th...
everything mess brother, xau hard pump
midnight pivot
EURAUD
echo kiln
It's Friday
YES have a great weekend!
obsidian magnet
You too @echo kiln !!
shy trench
@echo kiln do you use auto pilot long term even on smaller tf?
echo kiln
<@881016788702330900> do you use auto pilot long term even on smaller tf?
I actually do because Im lazy to change it, and I dont use the actual signals anyway.
I use other factors like Matrix and OB's to time my own entry and exits
Im always going in the direction of the higher TF
sharp trellis
Thx Micky
echo kiln
finished off with a nice 12 pips
Nice 👍
icy wraith
Wellllp account blown see y’all next week
echo kiln
Wellllp account blown see y’all next week
All chips to center of table?
icy wraith
Naaaaahhh I’m messing lol
I did take a huge hit today though but I’m not worried about it though
shy trench
I did take a huge hit today though but I’m not worried about it though
Keep it up. Will happen. Hope your learned from it
I actually lost 1% on my account today aswell
My trades reversed and then hit my sl and go back the good direction 🥲
icy wraith
I absolutely did. I usually never trade on mondays or fridays but it is what it is I know what not to do now. Always go with your strategy
Yeah same happened to me lmfao
That’s why I hate mondays/fridays
shy trench
Ye well its oke. Got 30% profit on my monday to Wednesday on my personal account. Had to take a loss eventually haha
icy wraith
Rome wasn’t made in a day. It’s all apart of the ✨process✨
shy trench
💪
muted bison
Mondays and Tuesdays usually have been good for me, but I always get a weird feeling when trading monday so I tend to avoid unless I see an a+ setup
but i def love me Tues/Wed/Thursday / middle of the week
ashen lintel
You were entry gold ?
icy wraith
Middle of the week is literally trend after trend really it’s usually not all messy even after everyone goes about their day around 10-11
long ginkgo
jaunty belfry
Hello everyone, I'm new here, and I would like to know if anyone can share any configuration of premium indicators that is achieving good results in the forex market.
echo kiln
Hello everyone, I'm new here, and I would like to know if anyone can share any c...
Take a look here #1128499789437354106
Strats posted by LuxAlgo and members with settings and set-ups
and WELCOME aboard !
jaunty belfry
Take a look here <#1128499789437354106>
Strats posted by LuxAlgo and members wi...
Oh, ok!!!
Thank you my friend! 👍🏻
echo kiln
Thank you my friend! 👍🏻
Cool!
thin shard
Hello 🙂
sage eagle
Broo i failed the 10 challange
thin shard
Oh no..
Im now in phase 2… unlucky week for me
First day at phase 2 i make 4.5%
And next days im in -
echo kiln
The best settings for forex?
Depends on you, your tolerance, your account balance, if cash account or challenge account etc etc.
thin shard
Depends on you, your tolerance, your account balance, if cash account or challen...
10k but funded. Making phase 2.
echo kiln
10k but funded. Making phase 2.
💪
thin shard
But never using algo on forex
Only crypto and i have no idea how to make good settings for this haha
echo kiln
Who's ready for this week?
🚀
thin shard
Yea
mellow violet
Who's ready for this week?
🚀
Micky why use TVC on DXY and not CAPITALCOM ? Just because they show completly differente trendlines
echo kiln
Micky why use TVC on DXY and not CAPITALCOM ? Just because they show completly d...
You can use any broker or data source you want.
There is no particular reason why I use TVC, because I dont trade DXY directly.
I just use DXY for an overall bias.
mellow violet
You can use any broker or data source you want.
There is no particular reason wh...
Oki but if you noticed they give complete different results ... just that 🙂 and TVC doesnt show volume OBs btw
echo kiln
Oki but if you noticed they give complete different results ... just that 🙂 and...
Sure you can use Capitalcom, and some others can use TVC
We are free to use what fits for ourselves
@snow beacon Get your shisha ready
Time to play soon
snow beacon
<@819521651758071809> Get your shisha ready
Looking hot ahahah
shy trench
@echo kiln im still awake but not sure if i gonna make Sydney and tokio haha
Had my bjj tournament today. Exhausted 🥱
lapis gulch
Someone trades the asian killzone ?
clear zinc
Thank you very much @echo kiln 👍
echo kiln
Thank you very much <@881016788702330900> 👍
Hey hey.
You watching anything now?
clear zinc
yes, EURUSD
echo kiln
yes, EURUSD
Nice!
My favorite pair
clear zinc
my too👍 🔥
echo kiln
Has anyone looked at the #news-forex links?
I believe its always good to know the backdrop fundamentals of the pair your watching or forex in general.
It doesn't hurt 🤷🏻♂️
icy wraith
Lots of high impact news this week
echo kiln
icy wraith
Morninnnnnng
shy trench
Mornjng guys
shy trench
So what are you guys looking at?
echo kiln
So what are you guys looking at?
Always EU/UJ and ES for me
clear zinc
Morning @echo kiln 👋
shy trench
I did gbpusd 1-2 weeks ago
But for now looks a little scary
Im watching usd/cad and eur/usd. And nzd/cad for now
Last week was watching eur/cad gbp/cad aswell + beginning of week gbpusd
echo kiln
Last week was watching eur/cad gbp/cad aswell + beginning of week gbpusd
Nice....yeah, its deep into some 4H OB's now
UC a bit interesting here
shy trench
Nice....yeah, its deep into some 4H OB's now
Deep in daily&4hr&1hr ob
Liquidity grab happened
Macro double bottom pattern and micro descending broadening wedge
plush trellis
Bonjour
echo kiln
Macro double bottom pattern and micro descending broadening wedge
Im actually watching the UC now after you mentioned it
LOL
shy trench
Im actually watching the UC now after you mentioned it
Good to have a discord to discuss, everbody has to make their trades for themselves but its nice to discuss some trading stuff and everybody miss something sometimes much to watch. And we get pointed on something we miss
echo kiln
Good to have a discord to discuss, everbody has to make their trades for themsel...
I like the UC playing off the LTL and 4H OB breakdown
Nice shot at a swing play, if I were to take a swing, LOL
To the next breaker block below
shy trench
I like the UC playing off the LTL and 4H OB breakdown
That would be my next play aswell
Looks like 1.35 gonna be 💥
echo kiln
That would be my next play aswell
Or I could do a scalp at 13 pips here, like I just did
LOLLL
Small scalp, nothing big
echo kiln
The swing was a little late for me, so Ill just take a quick scalp to pay for dinner tonight
shy trench
Only 3 months into my trading journey 😝
echo kiln
Only 3 months into my trading journey 😝
WOW, 3 months but seems like you have your head on straight
good job!
echo kiln
I liked nzdcad to this morning
hmmmm
LOL
Im done
Thats UC was actually stressless
Needed one of those, Im getting tired of stress
LOL
This UC is still going
Nice set-up with the liquidity TL continuation and 4H OB break below
obsidian magnet
scalped a quick 11 pips toolk partial
obsidian magnet
could have had much better entry at 5min OB but i got trigger finger thinking market was going to run off... stupid stupid
echo kiln
could have had much better entry at 5min OB but i got trigger finger thinking ma...
Who cares, 11 pips is 11 pips.
obsidian magnet
yessir
obsidian magnet
LOL
moved stop loss to break even let's see if it hits target 2
if not i still got something
echo kiln
if not i still got something
THERE you go!
home free
trail it to, so you can at least pay for lunch
Nice range play to the upside on the 4H PAC Pattern
DXY a little bearish, so taking a EU scalp long is a sound theory play
obsidian magnet
i think it stays bearish for first half week and will turn bullish with news just my theory...
and then hopefully we can start breaking down
echo kiln
i think it stays bearish for first half week and will turn bullish with news jus...
FOMC wednesday
obsidian magnet
yup
echo kiln
☝🏽
obsidian magnet
i think FOMC gets it past the 105.88 level
for the week...
at least is my BIAS
not financial advice
obsidian magnet
Level 2 hit and i'm out!
done with Ny session will see you all in Asia / London
echo kiln
Level 2 hit and i'm out!
obsidian magnet
echo kiln
All is good
plush trellis
😍🥰
echo kiln
I only took a small scalp on UC
minor venture
Looks like NDX AND SPX gonna trap
echo kiln
Now just trolling
minor venture
DXy at critical resistance
echo kiln
Lol
plush trellis
👏
echo kiln
Done for day 😀
not bad not bad
minor venture
TOUGH CHALLENGE FOR DXY
echo kiln
TOUGH CHALLENGE FOR DXY
Still overall bullish for the higher TF bias
So yes, tough day
midnight pivot
GBPCAD anyone looking at it?
shy trench
Had some good trades on gbpcad and eurocad last week
shy trench
@echo kiln do you ever make use of harmonic patterns?
echo kiln
<@881016788702330900> do you ever make use of harmonic patterns?
I looked into that, and that’s just way to over the top for me. And most don’t pan out anyway from my experiences. But I do like the basic S/R patterns from PAC. This I love!
shy trench
I looked into that, and that’s just way to over the top for me. And most don’t p...
You mean the normal patterns thing right? What we are talking about frequent
With the triangles and h&s etc
I actually found an pretty nice looking indicator for harmonic patterns. Automated dont have to draw them yourself. Its premium but you can get a 7 day trial
Have to do more research on it tho its inderd over the top haha but might interesting to learn about.
Indeed*
shy trench
I looked into that, and that’s just way to over the top for me. And most don’t p...
Ye i wouldnt solely rely on harmonic patterns aswell haha but i dont for any indicator. But is a nice thing to have on the side if it works. But have to look into it more
Try to learn something about everything haha
echo kiln
You mean the normal patterns thing right? What we are talking about frequent
Yes
Price Action Concepts Pattern detection
shy trench
Btw what do u think of an usdcad play again maybe on asian market
Seems it might touch the 1.35 again
Or trying to
echo kiln
Seems it might touch the 1.35 again
Oh not sure, I’ll take a look in a bit. I totally shut down for the day🤣
shy trench
It touched breaker block day/4hr/1hr
echo kiln
It touched breaker block day/4hr/1hr
For me, I would want to see some steps towards a bearish move. I dont see it yet, unless you want to fade it at this level
shy trench
Get so many new ways to look at the charts by watching the charting video 🤤
Im not even half way the video, watching my own charts bit by bit while some stugg gets explanation
shy trench
How did everyone do here?
Today im down not by much. Like 0.15% or something
Not a great start to my 100k challenge down total 1.4%. Had a great start of the week last week with +30% then start 100k challenge and start bad 😂
+30 on my personal acc
echo kiln
Not a great start to my 100k challenge down total 1.4%. Had a great start of the...
How many trades are you taking a day?
echo kiln
+30 on my personal acc
Personal account is what is important to me 💎
shy trench
Ye i doing this 100k challenge with the hopes to fund my personal acc more haha
echo kiln
Ye i doing this 100k challenge with the hopes to fund my personal acc more haha
on your challenge account and personal account, are you trading the same way? same style?
echo kiln
Same set up yes but on my personal account i take 2% risk
meaning tighter SL on challenge?
shy trench
Thats the whole problem with those challenge accounts because you are not actually risking 0.5% but 0.5 on personal acc would translate to 5% for challenge acc
echo kiln
can you trade ypur challenge exactly the way you trade your personal? same TP, same SL etc?
shy trench
Can only lose 10%
My math is off wait
2% personal acc would mean 20% challenger account
echo kiln
Looks like you know the issue on what works and what doesnt work.
shy trench
Well its just cant win all trades
echo kiln
Well its just cant win all trades
But if both accounts are the exact same trade, what is the difference? this is something you need to figure out.
shy trench
Won 85% of my trades last week
Just not the last few when i started the acc haha
I started friday
Not begin
Of the week
Had my bad trades on friday 😝
echo kiln
You can be profitable if you have a 40% win rate, just need trade management...thats all
shy trench
I know
By this risk management what i do now i need to win 25% of my tradrs for break even on challenge
Based on 1 on 3 r/r
So no worries
echo kiln
I could never be good at challenges or funded accts, the odds are stacked against me, more than traditional trading itself. This is just me.
shy trench
Down 1.4% is less then 3 of my 20 trades
obsidian magnet
if you can make money on your real account
you can make money on funded account @echo kiln
nothing changes
i trade both accounts the same exact way
shy trench
First time i try so might not be for me but still its an investment in myself so even if i lose i learned something
echo kiln
you can make money on funded account <@881016788702330900>
I keep 100% of my own money and withdraw anytime I want
LOL
obsidian magnet
that is true
echo kiln
I work for myself
obsidian magnet
i guess what appeals to most with funded
echo kiln
obsidian magnet
is the higher capital
that most trades don't have access to in beginning
traders*
shy trench
Yes ofc higher capital haha
obsidian magnet
so if you can make money with a $1,000 acct. the idea for most is that you can do that with a $100,000 acct assuming you don't let emotions get the best of you and hopefully build from there
echo kiln
Yes ofc higher capital haha
higher capital leads to higher leverage, and leads to greed and rext'd accounts
shy trench
I dont have emotions
obsidian magnet
whatever trade i put on my live i put the same on funded
and just let it ride
i try not to look at the #'s too much cause then you get emotional about it... just try to trust in the setup and let it work towards your target
shy trench
Trust on my skills. I place my trades confident and will follow my plan
echo kiln
whatever trade i put on my live i put the same on funded
hmmmm, then why the difference in net profit and loss?
shy trench
Just unlucky i started the acc friday and not on monday haha
obsidian magnet
what you mean?
shy trench
If i would have started monday i would almost be done with the challenge 😝😝😝
obsidian magnet
i mean in terms of the actual trade setup... the actual amount of money used to trade is based on percentage
shy trench
85-90% win rate with 1 on 3 r/r haha
echo kiln
what you mean?
i didnt understand, if you made the exact same trades on personal and challenge, then why the difference in profits or losses? sorry i was confused
obsidian magnet
on my oanda i risk 1-2% of total capital vs the funded i risk 0.5% to 1% but the entry, take profit, stop loss is all the same
shy trench
But lets not look into the past and focus up whats coming this week
shy trench
on my oanda i risk 1-2% of total capital vs the funded i risk 0.5% to 1% but the...
I do exactly the same
0.5 funded 2 on my personal
obsidian magnet
and that's primarily since the drawdown rules are tighter
echo kiln
and that's primarily since the drawdown rules are tighter
oh, so thats the difference
why dont you slowly build up your personal account? and what you learn on your own chart and rules, no one can take that away
either way, you are almost there, I can smell it!
shy trench
Well the idea is if you can do it on your personal account why not on a funded one
obsidian magnet
I am. It is building... i just figured now that I am starting to be profitable on personal let's try the funded and whatever winnings I get from there I can just fund my personal
shy trench
Once you hit the right notes a funded account can be very attractive
obsidian magnet
yes def improving
echo kiln
Well the idea is if you can do it on your personal account why not on a funded o...
true, but I have my own way of trading, my own rules etc...so there is no way I can be good at funded accts, im not that smart
LOL
shy trench
Just do what u always do
echo kiln
Im not good at following someone elses trading rules
echo kiln
Just do what u always do
I thought there are certain rules you need to follow? no?
shy trench
Only thing is u need other risk management
echo kiln
no clue
echo kiln
Only thing is u need other risk management
ok, this is a huge part of my style
obsidian magnet
depends on which challenge
shy trench
Can only have 10% drawdown for challenge
echo kiln
so i lose
obsidian magnet
but mostly it's don't hit a maximum daily drawn down of "X"
echo kiln
😢
shy trench
But once u reached profit target
obsidian magnet
but i know you don't like using stop losses
echo kiln
i dont use SL, thats the thing
obsidian magnet
so you can put an artifial stop loss wherever you want
echo kiln
oh, i cn put it somewhere far away?
shy trench
U can actually dont use sl
shy trench
Just bring down ur rik
obsidian magnet
or pick the challenge
shy trench
Risk
obsidian magnet
where you don't need stop loss
until you close the trade
it won't count towards your actual loss / drawdown
so as long as you keep it above you are good
echo kiln
knowing me, they will purposely create a wick to take my SL out thats 100ticks away
LOL
obsidian magnet
LOL
shy trench
Only rules are:
1 profit target is 10% to get funded
2 a daily drawdown 3-5% most
3 a max drawdown of 10% most of times
shy trench
Thats it u can choose the rest by yourself
So if u dont use a sl just dont hit the daily drawdown and dont hit max drawdown and u are good
Bring down the risk but that will make the challenge slower to complete ofc
@obsidian magnet are you already done with the challenge or how is it going for u?
shy trench
@echo kiln funny thing is if i would have watched the charting video earlier i prob wouldnt even made the bad tradrs 😂😂
If i look back at some stuff in my bad trades it make some sense why they went bad
echo kiln
<@881016788702330900> funny thing is if i would have watched the charting video ...
hey, now you know!
shy trench
shy trench
@echo kiln when you are talking about the 4hr to 15 min timeframe and looking for short from higher timeframe to lower do u sfill have auto pilot on long when u wait for confirmation signals om 15 min?
Or it doesnt matter that much?
Most accurate result would prob filling in manually if not lazy haha?
echo kiln
<@881016788702330900> when you are talking about the 4hr to 15 min timeframe and...
I’m reality, in the lower TF when I’m about to make an entry, I base my decision on Matrix and price action and throw on some Signals and Overlays dashboard action. But yeah, you could dial the auto to short or mid term on the lower TF, but that visually gets a bit messy at times during ranging days. Messy gets me distracted from the price action
shy trench
Ah oke so u could but its not that important
Matrix and price action more important
Ye it could get you distracted if theres to much noice with the signals
So much information haha. Supposed to be a 1.22 hour video. Now im 3 hours in 😂
And only on minut 44
Next question just came in u said last weeks u were using neo cloud(said in the video). Instead of turning points in the video. Would that be from green neo cloud to red (for a turning point)?
And then look for that on a higher time frame and based on that u make a trade on lower?
echo kiln
Next question just came in u said last weeks u were using neo cloud(said in the...
When I talk about turning points, this will always refer to Matrix Turning Points
shy trench
Ye i know but u said. Last time u used neo cloud for that?
So i was wondering if neo cloud going from red to green means the same
Or maybe I misunderstood and u ment money flow green = neo cloud green on higher time frame and then u look for bullish things on lower
echo kiln
Ye i know but u said. Last time u used neo cloud for that?
In the live streams, I talk about a few ways to use various features for a 4H Signals & Overlays to use for the actual bias trend. I showed the Neo cloud, also showed Tracer/Catcher, and then I showed Matrix Turning points. I was trying to let everyone know, to pick one feature, one trigger on the 4H TF to guide you in a bias direction, for your entry on a lower TF.
I believe I also talked about just using the LuxAlgo candle colors for trend bias on the 4H.
Most times, I will just talk about different feautures and how to use. It is not necessarily the same omplete strategy I talk about every week.
Hope this helps
shy trench
Yes thanks
twilit pasture
Hello everyone, I'm new here. I'm planning to trade in XAGUSD and XAUUSD with the help of LuxAlgo indicators. (Bought Premium last week and going through training videos and making notes.)
echo kiln
Hello everyone, I'm new here. I'm planning to trade in XAGUSD and XAUUSD with th...
WELCOME!
👋🏽
twilit pasture
Thank you so much @echo kiln 😀
ashen lintel
Xau?
shy trench
Somebody looking eurusd?
shy trench
GY?
Looks like on 15 min if it resets nice long
Gbpcad if reset nice short on 15min?
lapis gulch
I'll get these on time eventually 😂
shy trench
All my stuff is pumping before i got in 🥲
shy trench
I'll get these on time eventually 😂
Did u get in?
shy trench
Looks like on 15 min if it resets nice long
I was waiting for hyper wwave reset and then wanted to go in but instead ot just pumped without resetting
lapis gulch
Did u get in?
First one yeah, but I missed my TP by few pips, this is my post trading analysis. Instead of doing 190$ did only 60$ 😛
shy trench
It happens better 60 then 0 like me haha
shy trench
Maybe it can still reset and good for new entry later
lapis gulch
I can't trade while at work 😦
shy trench
Have to see on phone haha
lapis gulch
Lol I would stress too much
iron templeBOT
@lapis gulch has earned the Lux Level 2 role!
lapis gulch
Its crazy how in about a few seconds it can reverse
shy trench
Very frustrating spending quite some time this morning to line everything up. About to pull 3 triggers and all 3 go like crazy just before i wanted to go in
lapis gulch
yeah that sucks
shy trench
Atleast watching and studying the charting video yesterday for 4-5 hours on youtube was worth it i guess since i was applying it and turned out i found 3 moves with it
The ones i found were usdchf, gbpnzd, audchf
lapis gulch
I never traded chf
shy trench
For me it doesnt matter to much i just use technical analysis and common sense to trade any forex pair. But im also quite new to trading
lapis gulch
chf seems to never leave fvg behind ^^
minor venture
ashen lintel
ah btc retest resistance
fleet vortex
Atleast watching and studying the charting video yesterday for 4-5 hours on yout...
do you have the link to that video? I m new to FOREX.
shy trench
analog locust
Good afternoon, everyone
echo kiln
Done for the day ???
I think you are!
obsidian magnet
11 Pip partial taken. missed the original move down so waited for retracement into 15min Bearish OB
also got a 10 pip scalp during asia / london last night
echo kiln
11 Pip partial taken. missed the original move down so waited for retracement in...
BOOM!
What about FX?
Sleeping here?
echo kiln
USD/JPY just hanging around inside this 4H OB
Chop-City
DXY no helping much either
I guess everyone waiting for the Fed news drop tomorrow
🤷🏻♂️
lime locust
Nice move down on EU today, looking to close out at bullish 4H OB at 1.0675
UC had a nice bounce off a 4H OB as well; missed that one but if you caught it you’re probably having a steak dinner tn.
next trench
if candle body doesnt close out of fvg only the string, does it count as fvg broken or respected?
echo kiln
if candle body doesnt close out of fvg only the string, does it count as fvg br...
do you have a fvg marked on this chart?
obsidian magnet
if bodies aren't breaking through i consider that being respected
echo kiln
FVG mitigation is user defined: wick, average, close or none
In PAC settings
Back up
next trench
do you have a fvg marked on this chart?
green box
normally after a lq sweep trend changes right? how can i identify fast that it wont reverse
next trench
yes
iron templeBOT
@next trench has earned the Lux Level 2 role!
echo kiln
yes
ok, are you talking about a manually drawn OB or FVG? because I dont see a fvg with your box drawn
echo kiln
yes a manually fvg
I dont see it, sorry, i am looking at the left edge of your box, where the fvg would be
echo kiln
the fvg is in center
ok thats the confusing part for me, as fvg box usually start at the candles where the fvgs are
next trench
or like can u explain, why it moved up? there is absolutly no signal for me exact for a liquidity sweep but thats not enough to enter
next trench
ok thats the confusing part for me, as fvg box usually start at the candles wher...
sorry 🤣
sure bcz of the 1min fvg but i thought theyre not that strong or valid and i mean guys in videos say 5 mins is better for silverbullet
plucky yarrow
theres many ways to play the sweeps, some wait for MSS and then re-test of FVG for entry and some wait for stair-stepping and such
you need to find what you work best with
echo kiln
let me get back to this later as the live stream is still going now
plucky yarrow
all I see is master pattern lmao
next trench
okay
obsidian magnet
if you are trading ICT, not every swing high or swing low is considered a liquidity sweep... there are certain areas the price is drawn too. You want to see a strong MSS after a certain level sweep and usually you can take a trade at that FVG
next trench
all I see is master pattern lmao
whats that
obsidian magnet
example from trade i took today... price broke London high and made a strong MSS or Choch to downside
traded back into FVG / previous old bullish OB and continued down
next trench
you familliar with Power Of 3?
no
plucky yarrow
well, it is all based off of Wyckoff and such
so you have the contraction / accumulation then manipulation and then the move
forgot how everyone call it but yeah
plucky yarrow
sure bcz of the 1min fvg but i thought theyre not that strong or valid and i mea...
what asset is this?
next trench
asset?
plucky yarrow
thats how ICT calls them yeah
next trench
sorry i dont understand
next trench
thank you
rigid egret
echo kiln
Are you in? whats the symbol and TF?
rigid egret
.5 - 0.618 when it makes its move above or below i will get in the trade
im talking about the gold lines
i have won 3 trades since Monday
slate stump
shy trench
@echo kiln in luxbot it says chf/eur. But it should be eur/chf does it mean i should also reverse the bullish/bearish ?
shy trench
Who's here stalking a trade?
Got rekt cuz of gbp data lol
But it happens sometimes data is in your favor sometimes its not the set up was good was over half way to my tp target then data dropped and whipsaw mayhem ofc
mellow violet
Oooooo GREAT Micky powerfull master of the visual effects and trade pro !!! Once again in the live session you shared amazing strategy’s in the las live session on using lux algo with the day and 4h order block BUT to make it perfect can you please share the trading view scheme with the color scheme and indicators color scheme …. ITS AMAZING FOR THE EYES 👀 … I ask you please share that !! Thank you Great One @echo kiln
wild kindle
Re entered on CAD CHF ….. long position after bullish + signal…. Matrix looks fine on 1 hour… on 4 hour looks like is resetting for a leg up. Worries. The 4 hour money flow decreasing. Will see if I can get my 20 pips today after 40 pips I got yesterday
echo kiln
<@881016788702330900> in luxbot it says chf/eur. But it should be eur/chf does i...
Morning
Im a little confused here.
Here is CHF/EUR
echo kiln
Oooooo GREAT Micky powerfull master of the visual effects and trade pro !!! Once...
Hey
Thanks
Ill see if I can post the template sometime soon for you.
echo kiln
Look
Yeah, but I was confused on your post about the bot channel comment?
Where you said "it should be eur/chf"?
I thought you meant that you said it didnt exist? but it does
mellow violet
Hey
Thanks
Ill see if I can post the template sometime soon for you.
Please do that 🙂 it doesnt take alot of time for you 🙂 hehehehe 😄 just CLICK and SHARE ahahahah 😄 1m 😄 faster then a SCALP .... HAHAHAHAHA
echo kiln
Please do that 🙂 it doesnt take alot of time for you 🙂 hehehehe 😄 just CLICK ...
Yes I know, but I need to clean up the template so not to confuse anyone, I have alot of other instances of the premium indicators with certain features enabled etc. So I would need to clean it up and save it, Ill do that soon
mellow violet
Yes I know, but I need to clean up the template so not to confuse anyone, I have...
THANKS !! You the BOSS ! 🙂
rigid egret
look for this to make a decision then place your trade! The ceiling and floor will appear between the two lines. It will then tell you if you should buy or sail
example here
plucky stag
great day so far
i am taking my profits and call it a day and just observe fomc later
echo kiln
i am taking my profits and call it a day and just observe fomc later
That’s it!!!
Get what you can now and call it a day
Clean, I like it
Throw some Lux tools on it
You in it?
obsidian magnet
I think DXY continues bullish run from today...
i have a small position short on EU open to try to take advantage of FOMC we'll see how it shakes out.
price trading in old FVG and rejected right off hourly bearish OB to the PIP
entered short with a pretty conservative stop loss... if i lose i lose
so far up 13 pips
echo kiln
pls explain why does this happen?
thats a gap
icy wraith
It’s a gap up
echo kiln
whats the symbol and TF and let me see on my end
next trench
yes ik
icy wraith
gaps are normal
next trench
but the other one are just 2 candles
ashen lintel
pls explain why does this happen?
gap
next trench
i know whats a gab
ashen lintel
will be filled
next trench
its just why is it invisible
icy wraith
Read the thing I sent
next trench
icy wraith
It’s when price moves sharply
next trench
like this?
next trench
Read the thing I sent
bro i know whats a fvg
icy wraith
That’s not an FVG
next trench
i just wanted to ask why its invisible yk
ah okay
why is it only on eurusd?
never seen it somewhere else
echo kiln
is this UTC-4? im not see this pattern on my end on UTC NY time
next trench
ok so it sweeped liquidity so i would normaly wait for a reverse off an bullish fvg or mss but bcz of that gap could it not reverse and instead go up?
next trench
is this UTC-4? im not see this pattern on my end on UTC NY time
utc2
echo kiln
UTC+2 or -2?
next trench
UTC+2 or -2?
+2
ashen lintel
1950 seems achieveable
next trench
im on 5m
icy wraith
It may be your broker
icy wraith
Yes
echo kiln
maybe
ashen lintel
breakout or no?
echo kiln
forex.com better?
oanda be best because oanda provides volume tick data and forex does not
next trench
Okay
ashen lintel
1944 gold
echo kiln
but i trade on forex.com should i switch?
oh, this is up to you
next trench
okay
and
can someone give me a tipp how i can recognize if price goes up or down after bullish sweep, like this or do i just wait?
because normally after sweep it would go down im sure if i see respected bearish fvg or mss but sometimes it just pushes up and then its too fast to recognize u understand?
icy wraith
Past performance != future performance
obsidian magnet
typically you wait to see a MSS or CHOCH to the downside
next trench
okay
obsidian magnet
you want to see price aggressively break a previous swing low
indicating a change in market structure
steep karma
Past performance != future performance
software developer ?
hollow notch
Share a signal 👀
obsidian magnet
you then wait for price to retrace back into a FVG and enter a short
obsidian magnet
for me a MSS in the 15min TF nets good results for me but sometimes i'll look for a 5 min MSS depending on how aggressive I am
next trench
you then wait for price to retrace back into a FVG and enter a short
but thank you
obsidian magnet
i usually look for break in 15min TF and use the 5min TF for entries
to each their own though
do what works for you
steep karma
I forget that not everyone is 😂
You could clearly spot a dev only by his messages, that’s great bro !
next trench
i usually look for break in 15min TF and use the 5min TF for entries
15 min hard cuz i trade silverbullet and its time limited
one last question im struggeling to which ssl here counts as valid the lowest or previous session one or just the nearest? i mean if first ssl gets sweeped do i wait for signals for a reverse cuz normally it just falls more
obsidian magnet
that's discretionary as you drop down TF you will see more and more swing low's
that's why I said I use the 15min as sometimes the 5 min break might be a fakeout and continue move up
it all depends on what works for you and your risk tolerance
iron templeBOT
@obsidian magnet has earned the Lux Level Ultimate role!
next trench
also in silverbullet 15 mins?
next trench
it all depends on what works for you and your risk tolerance
okay
thanks a lot but technicaly every ssl could signal a reverse right?
obsidian magnet
i'm not sure entirely sure what silver bullet is. I just strictly focus on liquidity sweeps in high probable areas and look for entries
that is correct but if you wait too long then you might be too late
one of those SLL you marked could be the next target in liquidity for all you know
next trench
silver bullet is from ict trades between nyc session 10-11am
next trench
where would be the mss here at white box right?
or should i look for the mss in 1min
echo kiln
<@881016788702330900> what does lux ultimate role get me? 😄
not sure, do you have it?
joking
all good
thank you seriously!
🙏🏽
you get the chicken walk
obsidian magnet
beer works better
obsidian magnet
where would be the mss here at white box right?
I'm not sure what white box you are talking about
the MSS looking at that chart would be a strong break with candle bodies where you have "SSL" marked
echo kiln
beer works better
obsidian magnet
but that doesn't guarantee a short is in play
next trench
i mean mss bullish so a choch
obsidian magnet
that white box per my definition would NOT be a choch..
as i do not see a swing high there
for me swing high is defined as having (2) candle wicks lower on each side you do not have that in this case in your white box
obsidian magnet
i don't trade the 1 minute TF
next trench
ok thank you tho
echo kiln
1sec is where it's at
half sec?
obsidian magnet
I'm not at that level yet
echo kiln
I'm not at that level yet
oh ok, you will.....keep up the good work
fluid walrus
OMG Is it dump after news?
echo kiln
OMG Is it dump after news?
who knows?
lime locust
It seems when ppl expect a huge news move not much happens, but when ppl dont think they will be affected by it you get 100 pip candles flying around and knocking out stops.
lime locust
Will be interested to see if the breaker at 104.45 holds; if not id imagine it heading towards the 103 area with stronger support.
echo kiln
Will be interested to see if the breaker at 104.45 holds; if not id imagine it h...
HURRY UP JP!
lime locust
HURRY UP JP!
It’s the government, they love taking their sweet azz time with everything 😂
echo kiln
It’s the government, they love taking their sweet azz time with everything 😂
hahahahahahahaha
vague warren
Hello 👋.
How to trade news?can indicator help us to trade news? Is it good to trade during news?
vague warren
👍
echo kiln
vague warren
is it good to enter buy at 1932 because of order block ? or we should wait for confirmation ?
echo kiln
is it good to enter buy at 1932 because of order block ? or we should wait for ...
for me, i need to wait for reaction to see which "path" price will take.
In the Lux live streams, I talk about "2 paths."
tired slate
That was me too. Task failed successfully lol
obsidian magnet
damn @tired slate sorry!
tired slate
But I won. So it’s ok lol
tired slate
I feel like I didn’t earn it. But I won lol
obsidian magnet
lol i was calling for higher DXY on wed after FOMC since beginning of week
tired slate
Yea I figured it would be a trade I held for atleast a day. Then boom.
obsidian magnet
i say we are still bullish until we target 105.8
tired slate
I actually closed early. I didn’t want to give it time to come back. I made it out 85% to my TP 2.
obsidian magnet
profit is profit
tired slate
Yea. If you can’t be happy with some, you don’t deserve any.
obsidian magnet
i closed out early too honestly
This is what I had drawn up in my mind going into news with levels to hit
i ended up closing out around PDL even though internally I had already planned to go down even more... we did not hit the lowest range but we did make it to the weekly opening candle level
my thought is that we retrace here a bit and close below my bottom range at some point this week
BUT win is a win we move onto the next!
hindsight is always 20/20 but looking back at the 5 min chart looks like market gave us (2) opportunties to re-enter short
if we missed the first move down
echo kiln
what the wick
WTH?
obsidian magnet
Dno
worn tapir
ashen lintel
breakout or no?
Deep