💱forex-chat

[wild kindle]

Gold is getting to to take profit…. 😄

[quick radish]

lol I love the end of your message.. But yea I get it, I'm always a student always looking to learn more .

[wild kindle]

No man… everyone (except @echo kiln ) has a lot to learn here…. I was struggling to break even till this strategy came up…. And it is so easyyyyyyyy.!!!!!

[somber crown]

Cpi released yet?

[ashen lintel]

gold?

[dusk yarrow]

30min

[quick radish]

nope... 30mins more or there about

[dusk yarrow]

im in waiting a big boom🙏🏻

[ashen lintel]

are u entry long already?

boom up or boom down? lol

[dusk yarrow]

boom up 😄

[ashen lintel]

my limit yet hitted

[wild kindle]

Range detector???

[ashen lintel]

1880 1874

well well

[green bluff]

Your TP ?

[ashen lintel]

limit

[icy wraith]

Lux algo new indicator backtesting it amazing indicator

[wild kindle]

I m gonna take a look.

[ashen lintel]

you can understand i guess

limit

market

[icy wraith]

Amazing results😬😬

[ashen lintel]

tp

sl

[icy wraith]

Already 1:2 RR running

[echo kiln]

I’m still learning from everyone here. It’s just the beginning for me

I can’t wait until what LuxAlgo has up their sleeves

[quick radish]

Still holding .... I love this

[icy wraith]

15mins using 1hr ob is one of the best sp and resistance and u get confidence to hold ur position

[wild kindle]

Oh yes… i love this game😄

[somber crown]

I’m still confused lol. If inflation is decreased does my currency become more valuable or less in regards to trading?

If all else is equal and only that changes

[echo kiln]

There is no real set-in-stone correlation with the markets and inflation data.
Not like the old days unfortunately....

in my opinion

[quick radish]

100%

[echo kiln]

Its us against them

[quick radish]

Sometimes the market doesnt react to news the way you expect

[somber crown]

Got it!

[strange quail]

@wild kindle waiting for your strategy post

[wild kindle]

I will post this week end on strategy thread

@quick radish @icy wraith Eurjpy looks like retesting resistence for a leg down…. Heads up

[icy wraith]

Yes

[tawdry pelican]

15 Min chart no so Much... 😦

[quick radish]

still in EURGBP?

[obsidian magnet]

and im out perfect trade

[icy wraith]

Yup

[tawdry pelican]

you entered in the 1st FVG there?

[obsidian magnet]

i entrere dhere on 5 min TF

was expecting bearish price today

i closed majority i still have some running

i have another target below

@tawdry pelican if you look at the hourly you see price traded right back into hourly bearish OB and continued down

[icy wraith]

Perfect

[plucky stag]

wow everything dropped hard

i wanna wait for retracement to do shorts

[obsidian magnet]

higher TF you can see swe swept buyside liquidity

if we close below like this i will change by bias to be bearish now

[plucky stag]

retracement is gonna happen after an impulse move

then i will take my entry

[tawdry pelican]

did you add the OB's to the chart, they are not lux, right?

[obsidian magnet]

no indicator

i just manually spot it

[tawdry pelican]

cool

[wild kindle]

No…. Cause i forgot to take away take profit order

[tawdry pelican]

i'm not that skilled, so just rely on LUX mainly, trying forex as Crypto is doing my head in recently!

[echo kiln]

Crypto kicked me in the shins a few years ago, still beeding

[obsidian magnet]

i started in crypto as well

crypto volatility is crazy

blew accounts left and right

lol

[tawdry pelican]

same

😦

[wild kindle]

@icy wraith @quick radish That was a quick 6:1 RR

[quick radish]

I stay very far from the cryptos lol..not ready for that mind game

[tawdry pelican]

just loading up my capital.com demo account for now.. see how it goes

[plucky stag]

imo stocks is the best place to start since you dont deal with extreme leverages

[quick radish]

Looking at anything new?

[plucky stag]

stocks are bound by fundementals and earnings and financial sheets so things are sane if you dont go for penny stocks

[wild kindle]

Could go short eurjpy… I think will retrace a bit.

[plucky stag]

newbies who are not familliar with risk managment immediately starting in forex or crypto will get hit hard

[quick radish]

GBPUSD and EURUSD also looks like its retracing to keep going down. heading to 15MINS FVG

[tawdry pelican]

yeah, your not wrong

live and learn

[wild kindle]

Let’s wait till normalization…. Now market is a bit unpredictable

[quick radish]

yea.

With the news I guess the $$ wont be raising rates any more, at least not anytime soon.

[wild kindle]

Anyway since this strategy came up…. The winrate percentage improved from 60% to 75% this month (I used this strategy this week mostly with a 95% win rate …. Or more) and accounts went up 20% from the 9 till today 😄😄😄 @quick radish @icy wraith

[icy wraith]

Always welcome to help bro

Keep growing

We are about to trail

The position

😬😬😬

[wild kindle]

It will go where we decided it will go …. I m positive

[icy wraith]

Me too

[tawdry pelican]

which strat is that? is it in pro strats?

[icy wraith]

If wanted to book 1:2 would have done earlier only😬😬😬

Tp or sl

One things should be always taken

[wild kindle]

I will post this week end.

[tawdry pelican]

nice

[wild kindle]

But take a look at @icy wraith strategy. That is insane. I still use it on a lot of successful trades.

[tawdry pelican]

there's a few in there, i'll take a look

cheers

[wild kindle]

I think is named oscillator Fibonacci…. RR is insane

[tawdry pelican]

ah that one

cool

[quick radish]

Please bro give me a heads up on anything new, i'm having a migraine need to step away from the charts a little...My mentor🔥

[wild kindle]

Yes … I let the market calm.

[tawdry pelican]

never thought to use the Oscillator like that!

[wild kindle]

@icy wraith is a genius…. He won’t say that but really he is. When a saw a Fibonacci on oscillator I immediately tough “this guy is either crazy or a genius”. So I studied that strategy and is WoOoooowwwww. I still don’t know how did he came up with that idea. Anyway my strategy comes from @icy wraith strategy and @echo kiln brilliant 500 order block chart. It uses 2 indicators and is so easy you would never believe is actually working.

[icy wraith]

Tp is near

[icy wraith]

Always welcome bro😬😬😬

[wild kindle]

I told you …. The marked goes where we decide it has to go 😄

[icy wraith]

About to trail sl

[wild kindle]

I use it in my trades when the price is going against me…. It makes me feel safe. And it is working. I trust everything you put out …. I don’t need even to backtest 👍

[icy wraith]

Haha lol bro

[dusk yarrow]

@wild kindle please check EURNZD maybe a good short

[wild kindle]

I would wait and I tell u why…. We are in a breaker block that acts as support… 15 min oscillator is still bullish …. I believe it will go down but I would wait.

[dusk yarrow]

okay thank you!

[wild kindle]

If the beaker block was not there I would have gone short 👍

[green bluff]

any thoughts on gold ?

looks like it want to go to 1873 OB

[wild kindle]

Gold has been beaten by the news …. Lucky me I sold before it came… now we are in downtrend…. I wouldn’t follow just because I like to see reaction at order block and oscillator on 15 min is entering oversold.

Now we are inside order block… on 15 min. If I see reaction here I will enter long….

[green bluff]

right i havent seen the 15min ob ! i was on 1h.. Let's see

[wild kindle]

1 hour confirm what I was thinking…. Price is inside breaker block that acts as support …. If it stops here and react I would go long.

But for now no gold for me

[green bluff]

thank you for your thoughts. I'll wait

[icy wraith]

😬😬😬

We got trendline formation too

[plucky stag]

ez trades on us100

got a nice entry from the 15 min fvg

[icy wraith]

Tp is near

😬😬😬

[wild kindle]

You re killing it 👍

[icy wraith]

Already 1:2.8

RR

😬😬😬

[obsidian magnet]

target hit

also opened up a second position for another 28 p8ips

[wild kindle]

I could have bet all my account on your prognosis

[obsidian magnet]

nice 72Pip day

[icy wraith]

Haha no bro always trust ur own analysis

[wild kindle]

Yes but we are having same analysis 😄

[icy wraith]

Hah yeah this is true

[wild kindle]

@quick radish Heads up on gold . Entering OB…. Wait for reaction

[icy wraith]

Almost doubke bottom

Doble

Double

[wild kindle]

Maybe time to exit?

[icy wraith]

No brother

I will hold till trendline is not broken

Backtested it works perfectly

Yes once it hit ob you can book some qty

[icy wraith]

See we just are seeing swing bos

[wild kindle]

You are a book of knowledge…. Thank you bro. 🙏

[icy wraith]

Haha no brother just enjoy tp

😬😬

It always feels good to capture from the top

😬😬😬

If we break this then we can see just waow fall😬😬😬

[wild kindle]

Yes that’s true…. From the beginning all the way up or down.

[icy wraith]

Yup

[wild kindle]

I believe you are at take profit….

[icy wraith]

No brother why to take it out

When everything is in ur favour

See the marked area with arrow is where sharp buying came

So once market break this

We can see good fall

My view

[wild kindle]

Wow…. That would be huge

[icy wraith]

Yup

Therefore this buying has occurred

Double bottom

This way you can understand you targets as per Oscillator matrix

M out

Will plan for another

Short

1:2 RR closed

But yes it was great trade

[icy wraith]

Just to show everyone

How you can plan from where the buying can occur again

Hope i am making sense

[wild kindle]

Nice trade…. I think I stepped out at 1,5:1 winrate …. I forgot take away take profit order from my broker. Working at same time as trading 😱

[icy wraith]

Yes i checked that if you uncheck the

Hide overlap

It was exact place to take tp

1:2.8

RR

[wild kindle]

But that’s i nice add to the strategy 👍

[icy wraith]

Could have been take

[icy wraith]

It is another strategy i am backtesting

From where

Buying or seeling occur if you see hyperwave turning

U cn go for long/short

This way

You can spot the areas of strong buying or selling

I just matrix it tells you exactly everything u want to know

It is to capture sharp moves which market gives

Just look at the buying value and this candle

Just using oscillator matrix one can find out these areas

Just look at the arrows you will find which one is strong sp on oscillator matrix and which one you should ignore

[icy wraith]

@echo kiln this does make sense right??

[wild kindle]

I repeat …. You won’t admit. But you are market genius. And I repeat again when I saw your strategy I was like : “either is crazy or genius”…. And you end up on the genius side. I m looking forward to see your new strategy. But even the old one is not that bad I would say 😄

[icy wraith]

Haha brother i just observe charts i feel good .. a good music and charts just waow

Just look how well oscillator matrix level works😬😬😬

I am just in love with this indicator all thnx to lux algo they are the best

🫡🫡🫡

Two trades and i am done first 1:2 second running 1:3

[wild kindle]

Yeah… I love observing and learning too. And you know why? Because I never give up. I remember when I started I bought some stocks …. And was bloodbath 🩸🩸🩸. Then I decided to go on with trading. If I would I won that time I would probably gave up tradeing. But that loss made me want to learn more. And I believe I did 😄

[icy wraith]

Just look at this sharp buying strategy

[icy wraith]

Keep learning brother

[wild kindle]

I see …. Well done 👍

[icy wraith]

Hope now u will find the level from where you want to take sharp entries just let me get time will surely post new strategy 😬😬

[wild kindle]

That’s could be a super add

[plucky stag]

man sb sessions are legit they reverse direction of the market xD

[icy wraith]

1:3.5 running

[plucky stag]

us100 pumped hard in sb session

[icy wraith]

1:4.2 running

😬😬

[somber crown]

Finally my first “big” win at 70 pips with USD/JPY. Felt nice. Wonder when to short now lol.

[green bluff]

are you guys trading with your own fund or with a propfirm ?

[worn hatch]

Prop firm

[icy wraith]

Just about to hit 1:5 in just two candles waow

[wild kindle]

That is a huge candle 😅😅😅

[icy wraith]

Told u brother

Sharp buying areas are great

1:4.81 running

[quick radish]

Oh! I see i missed some good tutorial lol

[icy wraith]

Hit 1:5

[wild kindle]

I m looking forward for this strategy….. I could enter before it starts 💵💵💵💵

[icy wraith]

Yes

That’s why told u just watch the structure

M out

Btw

2candles

1:5 RR done

It will hit above orderblock

But i am happy with it

Now time to relax

New strategy i am working on

[quick radish]

Please you are going to have to translate some things @icy wraith posted for me lol

[icy wraith]

Hehe you can ask me

[icy wraith]

@echo kiln amazing idea right 😬😬😬

[somber crown]

Hmm. Which Fibonacci Oscillator?

[icy wraith]

Lux algo oscillator matrix indicstor using fib retracement tool of tradingview

🙏🙏

[somber crown]

Thanks I’ll try it out!!

[icy wraith]

Sue

Sure

Brother

[icy wraith]

This I developed for catching the sharp move till 71-88%

[quick radish]

is this the arrow you referred to on tthe matrix?

[icy wraith]

No brother

[icy wraith]

Look at the blue arrow last sharp buying was from this level

So if you see hyperwave

Reacting

From the level

[wild kindle]

@quick radish @icy wraith another day of gains eurgpb up and down and gold…. I m done for the day…. Maybe 😂

[icy wraith]

I am done

[somber crown]

I don’t see a blue arrow lol

[wild kindle]

Probably I find out something for the night while I sleep 😅

[quick radish]

got to scalp the tail of EURUSD lol

[green bluff]

on his screenshot

[snow beacon]

lıve on vc

[icy wraith]

I draw that look at the image i posted

[icy wraith]

Just backtesting it trust me it is life changing setup i will include my oscillator matrix strategy… may be i am gonna come up with something😬😬😬

[snow beacon]

good luck bro!

[icy wraith]

🙏🙏🙏

[worn hatch]

FX fam .. how was your trade in today ?

[covert juniper]

Lets see if it works

[wild kindle]

Was amazing my friend

[timid elk]

some good results - even didnt have enough time to concentrate as was busy at work..... Just need to learn and apply Alerts to best utilise indicators.

[icy wraith]

Goodnight guys exit reason double bottom, entry as oer my strategy

[timid elk]

used strategy, worked well 🫡 ... good result on 2 trades! one BE due to spread .... Also thanks @quick radish for explanation yesterday!

[waxen wigeon]

How The double bottom written here in matrix

[obsidian magnet]

@echo kiln how is holding that AUDUSD trade?

up 100 pips for now 😄

[echo kiln]

dont jinx it

LOL

[obsidian magnet]

LOL

i took the trade

it made sense to short

[echo kiln]

at what price?

[obsidian magnet]

.64185

[echo kiln]

.64385 myself

[obsidian magnet]

yeah that aligns well with fib level

[echo kiln]

your price was a good reject from the OB that pullback created

[obsidian magnet]

yeah

[echo kiln]

yeah, looks good

[obsidian magnet]

i'm targeting a further back low though

not most recent haha

maybe im getting greedy

[echo kiln]

I find FX tends to respect structure, more so that indices.....(I think)

[obsidian magnet]

i haven't traded indicies to know

i've heard indicies are more predictable with price delivery but who knows

[echo kiln]

not sure really, I do like the methodical pace of FX

[obsidian magnet]

mr 10 pips over here

going for 100+ pips LOL

what happened!

[echo kiln]

I know, right?

Im trying to swing

[obsidian magnet]

swing is safer

i feel

[echo kiln]

not sure yet if this is what I want to do, yet

[obsidian magnet]

i'm not patient enough to swing

i did get 72 pips just off EU today though

[echo kiln]

If I could bag this 0% TP, I would be good to keep trying these swings

Had a bad loss last week on a swing

[obsidian magnet]

you get it back in no time

i believe

[echo kiln]

oh yeah, this trade got that back and then some!

[obsidian magnet]

are you using a SL for the swings?

there you go

or SL free for those too haha

[echo kiln]

the SL is the 100%
YES, for swings, i have a set limit SL at 100% level

I am playing the r/r game, and i do believe with this swing strat, the odds are in my favor for net +

[quick radish]

My pleasure.....Glad I could be of help👍

[somber crown]

This is getting a little ridiculous. I would like my money back lol.

I did a long position at 1.2204 😦

[quick radish]

lol you are funny

[somber crown]

I’ve never seen so much red lol. It’s still going.

[quick radish]

lol

[wild kindle]

Glad you like it.

[echo kiln]

EU

OK, let the party start

[somber crown]

We going down?!

[echo kiln]

Good question

[somber crown]

Pretty bullish at the lower intervals

[shy trench]

Goodnight 🌙💤

[neon flare]

Selling gold

[dusk yarrow]

Gm

[icy wraith]

Good morning 😊

[dusk yarrow]

Gold short soon maybe

Grey ball is coming

[icy wraith]

Hehe in office no time to trade right now🫥🫥🫥 but you go and get it hard😬😬😬

[quick radish]

Today may be slow

[wild kindle]

Trade idea Gold . Short.

[quick radish]

ouch! I dont trade Gold lol

[wild kindle]

15 min stop loss last swing high (just little above breaker block)
Take profit depends if set up on 1 hour goes the way it as to go.

But if it goes how I think it has to go …. Will be a great trade….

[wild kindle]

Yes…

[wild kindle]

Oh my god 1 min. I would burn my head 😂

[compact quest]

You guys are really doing great
Waiting for your strategy

[compact quest]

Yeah everyone has different style
I can't trade 1H like you😅

Do what suits you

[wild kindle]

That’s my set up on 15 min…. So if it goes wrong I lose a couple of $ …. Really highly RR lose little to try to win a lot.

Sl hit …. Looks like god has other plans for the moment.

[compact quest]

With such RR if you even have a 50% winrate you will be rocking

[icy wraith]

Told u yesterday @wild kindle regarding double bottom exit and see the result coz it made double bottom to the sharp buying area this is awesome

[wild kindle]

Well I m still in the trade… candle hasn’t close

[icy wraith]

Arrow on oscillator matrix from where sharp buying happened previously same is repeated

Yesterday night last trade and could have taken buying told u @wild kindle 😬😬😬

[wild kindle]

Yes that’s what I like with it and win rate is still much higher than 50%

[compact quest]

That's really amazing

[compact quest]

What setting are u using for the hyper wave seems interesting

[icy wraith]

Same as my strategy

[wild kindle]

Pray for me…. If it plays out as I believe. We could have something like that on 1 hour.

19:1 RR

[icy wraith]

I woul wait

Brother

But this would be hell of short trade once we see hyperwave

[wild kindle]

I tried to anticipate …. Hyperwave tuned already on 15 min…. It could anticipate the move on 1 hour. Just takin risk for that little stop loss

[icy wraith]

On 1 hr good observation bro

[compact quest]

@icy wraith where r u from??

[icy wraith]

🇮🇳

[icy wraith]

A lesson brother if u r trading on higher timeframe… and u looking to use smaller timeframe for entry then always remember first let the higher timeframe in ur direction and then look for trade in trend direction

[icy wraith]

Still we have flag upward if u see

So i would still suggest wait for right entry

[compact quest]

Fib golden level with u

[dusk yarrow]

Im with you @wild kindle

[wild kindle]

If it plays out a 19:1 RR would be epic. Let’s try

[compact quest]

@icy wraith which broker r u using?

[compact quest]

I can't wait that long 😅

[icy wraith]

Binance brother for crypto and dhan for indian and commodities

[wild kindle]

😂😂

[compact quest]

Dhan has xauusd??

[icy wraith]

Still bro wait for the right entry rest you are awesome i know you would definitely capture this

[icy wraith]

No this is to show the entries brother charts everyone ask so that

[icy wraith]

I just told yesterday also I didn’t take this trade hut could have taken like this

[wild kindle]

Trying some adrenaline here…. If I lose ok. Doesn’t matter. I ve been winning so much lately

[compact quest]

I'm using offshores brokers for forex

[icy wraith]

You are awesome brother i just put out my view

[icy wraith]

Like Exness??

[compact quest]

yea im currently using exness

[wild kindle]

Just experimenting new things and try a epic trade 😅

[icy wraith]

Golden entry will be this where your rr is way more and more safe trade

This green circle

[compact quest]

Nifty is playing gap up gap down and just ranging😅

[icy wraith]

Haha now i trade indian market long term so love to trade gap up and gap down posted a pic 2-3 days back how you can scalp in indian market using 5min timeframe

[wild kindle]

At moment I m dancing around stop loss…. Well it is when I got in 😄

[icy wraith]

This is what my view is if i want to enter short

[compact quest]

These gap up gap down issues will short down from next financial year
Hope they increase the trading time

[icy wraith]

They are planning to make it till evening lets see

But will be leaving indian market and fully switch to crypto😬😬

[compact quest]

I hate cryptoo

[wild kindle]

I m thinking around this area if I check matrix 1!hour.

[compact quest]

I'm only loyal to my gold😀

[wild kindle]

Still in the trade…. Every candle is a battle 😅

[tawdry pelican]

Morning

Anyone from the UK on this chat?

[wild kindle]

Double reverse alert on matrix one hour….. 🙏🙏🙏

[icy wraith]

See this

[icy wraith]

Holding or took sl??

[wild kindle]

We are pretty close

50 seconds left

Ok i m out

[tawdry pelican]

what TF is this?

[icy wraith]

You will get bearish entry don’t worry

[icy wraith]

Keep this in mind

[quick radish]

[wild kindle]

Ok…. I did 2 loss this week .

[icy wraith]

Told u entry is preety close

[tawdry pelican]

lol, i see it now

right in front of me

lol

[wild kindle]

19:1 was too epic…. Let’s move to a safer 5:1 RR 😄

[icy wraith]

Always remember when higher timeframe is in opposite direction you don’t take scalp to other direction

The concept of taking entry using higher timeframe is spot entry on highertimeframe and when lower timeframe get into that direction you just take that trade like anything

[wild kindle]

Yes …. I know. But was fun anyway . I tried to anticipate the 1 hour move …. But yes I failed . But I had 1/2 hour adrenaline rush 🥵

[icy wraith]

This trade if uou guys have taken it would have given you

Not bad

This result

[wild kindle]

Let’s consider even today would be a day with A lot of reaction to yesterday moves (caused by news)

[icy wraith]

With seeing from where the last buying pressure came

[icy wraith]

Haha no problem brother i myself have seen many such cases when i also used to take trades like this but not now 😬😬😬

[icy wraith]

Hope this is clear to everyone why i am focussing on the level of sharp buying

[quick radish]

yea.

[icy wraith]

Another path

[ashen lintel]

gold?

[quick radish]

Take a look at GBPUSD

[tawdry pelican]

So even though the money flow is bullish and we can see a small overflow starting, your expecting a beaish reaction of the orderblock?

[icy wraith]

I wait for hyoerwave reaction

I trust it for my scalps

[tawdry pelican]

ok, so as soon as that starts to roll over. you looking for an entry around the OB?

or as soon as the HW rollover over?

Also, do you wait for a turning point signal entry?

[icy wraith]

Yes i do

Wait

[tawdry pelican]

cool

thank you

[icy wraith]

How you could have traded this if anyone trades this

Pair

[tawdry pelican]

nice

this you strat in pro-strats

[icy wraith]

Yes

[tawdry pelican]

cool

[dusk yarrow]

im in from 82.75

[wild kindle]

Long there all the way

[worn hatch]

Morning Fam ☕

[tawdry pelican]

have you looked into to creating any alerts for these setups?

[dusk yarrow]

ultra bullish
87 could be nice

[worn hatch]

SB Session Bullish for now

[wild kindle]

Thanks for heads up…. I m in long .

[ashen lintel]

I set short now 😦

[worn hatch]

1885 is the SL

[worn hatch]

There would be reversal dont worry

[ashen lintel]

i hope brother

but it seems go up lol

will see

[wild kindle]

@icy wraith @quick radish 1 hour Gold could be a nice set up for a short. Let’s see if it set up

[worn hatch]

We are at the resistance area for now

[icy wraith]

No i do everything manually as of now

[wild kindle]

@icy wraith when you will post your new strategy…. I will post mine in the week end hopefully and will add some add like your trailing sl.

[icy wraith]

RR

Already 😬😬😬😬

[icy wraith]

Brother i am not able to get time right now also working in office once i will get time will post the strategy

It need alot of explanation because i will be using multiple concepts in single strategy which will include all the things i see

So need time to make everyone understand

[ashen lintel]

i short from 1882.5

[icy wraith]

Hehe sure brother you can put all my ideas😬😬😬😬 i have no problem

[icy wraith]

I think it is good to have these types of trade so all those who trade all these do use these points may be it will help you rest everyone has there setup just work it out like you all guys do🫡🫡🫡🫡

[icy wraith]

Morning bro

[icy wraith]

This is crazy i could have only taken from this level couldn’t spot the area before😬😬😬

[fluid hamlet]

@echo kiln @worn hatch anything on eurusd ?

[quick radish]

Your Fib strategy has just amplified @wild kindle Strategy. Thanks bro

[icy wraith]

Always welcome brother

[wild kindle]

Yes you can say it loudly…. My strategy is a simple version of @icy wraith Fibonacci and in a lot of trades they just complement each other…. When that trade shows up you can be really confident how it will end up.

[icy wraith]

Just tor everyone info how you can use oscillator matrix to find best trades for yourself

[icy wraith]

Your trades and strategy is awesome bro i really like it😊😊😊

[worn hatch]

For now EU on 4h TF chart

Already near the support OB flying higher towards the bearish FVG .. Let us see where does the trend take us

Gold on 4h Chart is bullish .. touch the FVG near 1866 and bounced back up

SB session was also Bullish

[fluid hamlet]

Thanks

[wild kindle]

@icy wraith @quick radish We missed Eurusd for a long …. Our strategies complement each other there. Would be already at safest TP

[icy wraith]

Hehe some other time brother right now got to go guys

All the best

🫡🫡🫡

[worn hatch]

UJ on 4h Chart

[icy wraith]

Before LuxAlgo it was dream for me to capture these moves and now i feel so happy… thankyou everyone

Sometimes feel so good to see trades like this

[worn hatch]

Is this the formation on Cup and Handle in Gold on 15m TF ?

[neon flare]

Now selling gold

[green bluff]

is it working with double top as well for short ?

(good morning)

[icy wraith]

Yes

[green bluff]

what do you think about it ?

[worn hatch]

That is the resistance area for now

[icy wraith]

Wait for sometime brother need to look at the charts again

Stuck in work

[coarse monolith]

So you only work with the hyper Wave in the Osc. Matrix?

[wild kindle]

@quick radish Are you in pain for EURUSD? @icy wraith sorry I m little busy today with family and job . Hope everyone understand if I don’t answer.

[strange quail]

eurjpy going down

[icy wraith]

No but my strategy is on hyperwave

I keep

Two instances open

One with only hyperwave

Other is default

To see clear picture

[quick radish]

im out

[wild kindle]

There you have ….. unpredictable Bearish OB just show up…. Yes in this case is over (I lost 2 times and 2 times was because of that ) .

[sharp hornet]

I cant trade on anything lower than 1hr lol

[wild kindle]

I m still in the trade just cause I wasn’t following …. Now I m at support…. Hope it bounce here

[icy wraith]

Ur exit should have been cost to cost remember hyperwave other side you exit

My view

[fluid cipher]

Adam and Eve

[wild kindle]

I agree…. I m just waiting for retracement…. And maybe go short

[icy wraith]

Yes

[dusk yarrow]

when reverse

[worn hatch]

Gold is very bullish

Does wanna come down

[dusk yarrow]

yes bastard

[green bluff]

well seen!

[worn hatch]

Today is Friday = "FRY" DAY

[worn hatch]

UK session always tends to be boring and today it takes Gold to the top

[green bluff]

1898 TP ?
I entered at 1887

[fluid cipher]

Between 1898-1902, but I’m out at 98, when it will be hit the target 🎯

@green bluff Unfortunately no Retest has taken place yet, I wanted to go long at the retest

[iron temple]

@fluid cipher has earned the Lux Level 1 role!

candleticker 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

[compact quest]

Wassup guys
Was busy in tweaking my gold setup and finally it's done
We are going to print 💰 from next week
Be ready @dusk yarrow

[dusk yarrow]

haha nice cant wait.

[shy trench]

Yes

[shy trench]

True

Was to tired for this morning session so decided to skip it

Shakey friday anyway

[compact quest]

I too skipped trading want give my mind a little rest 😅😅
Will start tanking from monday

How's your setup going @shy trench ?

[fluid cipher]

@green bluff where is my coke? Coffee is also okay 😂🫶🏼

[neon flare]

Preparing for sales

[shy trench]

Its pretty decent actually. Just need to sharpen the edges.

Im up in profit but it could have been much more. I got fked by the news 3 times this week lol. 3 times my hedge got filled like this

Yesterday was the worst on eur usd. It got filled with 25 pips spread during news

Like 1.5% up on my swing hedge strat this week but could been like 5-7% without those fills

[green bluff]

Nicely done, buddy! Thanks, I made +3% thanks to you.

[shy trench]

But have to say it also a bit cuz i couldnt manage my trades like normal with all the hospital stuff with my dad going on

Like for example yesterday i was in hospital during us news unfortunately or i woulf have managed my buy stop and turned it off

But it is what it is. I see the strategy doing its work just need to sharpen the edges and actually had some good news yesterday in the hospital so upcoming weeks i can focus and manage my trades better

The cancer can not be cured but they can make it atleast 1 to 3 years longer living without pain so i in this circumstances its atleast better than a few weeks

If the treatment goes right ofcourse but in most cases it dors

Does

[echo kiln]

So sorry to hear this, but any extra time is a gift, always fam first. Be strong

[shy trench]

Ye i mean we were expecting the doctor were gonna say a few weeks so we’ll take those years haha

But thanks bro 🙏

[compact quest]

Yea avoid news just wick here and there 😅

[shy trench]

Ye when news events happen i just should temporarily remove buy/sell orders

Can be in the one side of the trade before

But just wait with replacing the hedge orders

But im positive about the strategy like i said just need to sharpen it. Lessons learned last week

More time to manage now so ready for next week

[compact quest]

Stay strong brother
Avoid taking any scalps or even any swings when u r disturbed as any bad decision can affect u a lot

[compact quest]

Yeah I've also learned a lot from my mistakes

[patent valley]

Thoughts on CAD/SGD? I just went weed a long here.

[wild kindle]

Covering my previous loss….. waiting for possible reverse to downside on the golden area @icy wraith

[quick radish]

are you in gold?

[wild kindle]

Nope yet.

I take a look

[wild kindle]

That nuts!!!!!!!

[dusk yarrow]

insane

[wild kindle]

Holy shit….

[dusk yarrow]

maybe reverse

[wild kindle]

Even Oil went crazy

[dusk yarrow]

yeah closed too early

[wild kindle]

Heads up on EURUSD….. Fibonacci area is approaching for a huge leg down….. but wait for confirmation. @dusk yarrow @quick radish @icy wraith

[obsidian magnet]

Fib retracement to 5min Bearish OB

expecting move down we shall see

[wild kindle]

Mine is on 15…. So looks like 5 is anticipating 15 move.

[dusk yarrow]

yes i think also this. 1600 utc time will usd pump hard

[obsidian magnet]

zoom out to 4HR TF you guys see price rejecting off 4 HR FVG. there is sell side that still needs to be taken below at 1.04839

that is my target for today

over night i caught the london push to the higher TF 4HR FVG

let's end the week strong boys

[wild kindle]

Heads up GBPUSD Fibonacci retracement area approaching…. Could be a short leg. @obsidian magnet @dusk yarrow @quick radish @icy wraith

[obsidian magnet]

not financial advice BTW.. just what I am seeing

[wild kindle]

Heads up EURJPY approaching interesting area.

[dusk yarrow]

sl 1.223 maybe? tp 1.2?

[wild kindle]

Wait …. Not yet confirmed…. Matrix has to trig

[dusk yarrow]

yeah wait just watching the options

[wild kindle]

Swing high…. Stop loss has to be as less as possible….

[dusk yarrow]

1.235 looks safe

😄

[wild kindle]

Eurusd trend Line supports what I m thinking. We are ready. We need just the matrix to trig

[ashen lintel]

gold sell now

bastard

[dusk yarrow]

really?

[ashen lintel]

it already touch resistant

i sell small size

was loss 500 before

[green bluff]

bearish turning point on 15m TF for gold showing up

[icy wraith]

Those who want to trade

[green bluff]

then disappear

[icy wraith]

Wait for candle close

[dusk yarrow]

fourth of today 😄

[obsidian magnet]

price selling off as expected on EU right off the areas I marked off

let's see if the rest of the day plays out and they use news to deliver the price

may not get there today who knows. or I may get stopped out

[dusk yarrow]

1.048 is your final tp?

[obsidian magnet]

1.04825

1.0541 if you want to get out early

we're already up 15.8 pips

since entry

so if you are following @echo kiln 10 pip rule you can get out n ow

😄

[dusk yarrow]

not now

i have to make back my loss from the gold

[obsidian magnet]

good luck!

[green bluff]

what's your TP?

[wild kindle]

I m short on all of them

[dusk yarrow]

my eurusd sl to be and enjory the ride i want a huge usd pump

16:00 utc

[obsidian magnet]

it might not hit my target today.. i will certainly close if it doesn't cause for all i know next week it may reverse to take out buyside to eventually move dwon

you are close to TP Level 1 though which would be a 30 pip move from my entry call out earlier

i am anticipating the news to inject the voltaility in the market to deliver price target

[green bluff]

gold could rebound on the 1915 ob ?

[worn hatch]

News and SB session together

Gold is Bullish

Negative for USD

[obsidian magnet]

TP1 hit for 30 pips. News delivered it to first price target. Looks reluctant to go down and also bearish news for DXY so if we don't go down my guess is we save that target for next week

[dusk yarrow]

im out thank you very much very nice profit

[obsidian magnet]

glad you made money

[green bluff]

1m TF already made a very small bullish fvg

[dusk yarrow]

im in gold long

[worn hatch]

Lets wait

[dusk yarrow]

we will see

[worn hatch]

News did not do any affect too .. seems the market already played out before the news to come

[icy wraith]

We are going great

[obsidian magnet]

price still going @dusk yarrow

😄

[dusk yarrow]

yeah.
no problem. I expected the dollar to go down.

but maybe now hit the resistance

[obsidian magnet]

news bearish / bullish doesn't matter to me for the most part

they simply just use it to deliver price from what i see

thats why sometimes price aligns with news and other times it doesn't

thats why i just focus on market structure and price action to try to anticipate how price will move

[dusk yarrow]

yeah thats smart

[icy wraith]

We will go down there

😬😬

To next ob

[quick radish]

are you in EURUSD?

[wild kindle]

Yes all 3 of them short. I hope all of you followed heads up. They are playing 👍

[quick radish]

whats the third? EURJPY?

[wild kindle]

Yep

[quick radish]

whats your tp? EURJPY

[wild kindle]

157 …. But if it runs I let it run 😄

[quick radish]

lol, its at a breaker block

[obsidian magnet]

@echo kiln AUD/USD TP

pretty much right there

great swing

[echo kiln]

i said dont jinx please

LOL

[obsidian magnet]

LOLOL

stopppp

[echo kiln]

not yet

[obsidian magnet]

believe you good

[echo kiln]

really? let me look

[obsidian magnet]

you're pretty much there

[echo kiln]

OH

almost

dam

holly crap

[obsidian magnet]

yeah

[echo kiln]

5 pips away

[obsidian magnet]

yup

[echo kiln]

i should close it

but i came so far

LOLLLLL

[obsidian magnet]

lmao

its 11:14

still some time

at thi spoint

i dont see anything in the lower TF that will prevent it from hitting it

[echo kiln]

time to reverse like a crypto slap in the face reversal

hahahahaha

[obsidian magnet]

no shot

my EU trade i pointed out earlier today almost there

although it is running into old Daily FVG so iwouldn't be surprised if that holds it for today

and will eventually take out the sell side next week

[echo kiln]

im gonna close this soon, i wont hold this over weekend

[obsidian magnet]

Nice win

way to end the week

[echo kiln]

not yet

LOL

[obsidian magnet]

LOL

well when you finally decide to

[echo kiln]

i dont practice what i preach

hahahahahha

[echo kiln]

no idea

LOL

https://tenor.com/view/kgf-chapter2-gif-26314158

i can live with one more push

[quick radish]

[echo kiln]

i need the london close push

im ok if it pushes the other way against me

the risk ill take for losing a few more pips

[compact quest]

Do u know him 🤔🤔

Or just a meme😅😅

[echo kiln]

no idea who is is, just a meme, LOL

[full nimbus]

XAUCHF. Good potential on daily.

[echo kiln]

COME ON!

[obsidian magnet]

Let's gooo!!!

Are you still holding

For your last .0001 pips

[echo kiln]

screw it

im out!!!!!!!!

[obsidian magnet]

Let's gooi

How was the emotional toll of holding lol

[echo kiln]

151.5 pips

TP was 152.9 i think

LOL

[obsidian magnet]

Ehh what can you do

"Spread"

[echo kiln]

That’s it

I’m going in again

Joking

[obsidian magnet]

Lol

Should run lower

[echo kiln]

Dam only 1 lot

Hahaha

[obsidian magnet]

Idk about today

[echo kiln]

Swing 4 days

[icy wraith]

Trailed sl

Those who were in trade😬😬😬

Ob

Same strategy book 50% and traile rest😬😬 at the oh

[echo kiln]

https://youtube.com/live/WWyULe9bFsw?feature=share

[worn hatch]

FX fam ..

How was the trade today ?

[dreamy narwhal]

King, go to YT, Micky is live in person!

[plucky stag]

man i took today off and gold goes 60 bucks xD

[worn hatch]

Watching him thou

[worn hatch]

Gold has been flying since past 2 days

[plucky stag]

ye it flew harder today xD

[worn hatch]

Since 1811 .. 3 times touch and fly

1832-33 was the war thingy which gave 250 pips

[worn hatch]

Ooh yeah it did even before the news to start

London session which usually tends to be boring took it up today 🤣🤣🤣

[plucky stag]

like i am looking at the chart and i am seeing 1 min candles doing 30 pips each xDDDD bro thats insane

[worn hatch]

Ooh yeah 🤣🤣🤣

They were disturbing when it goes floating but then again in profits

[wild kindle]

I m done done for the day and the week…. Enjoy family a bit . Fantastic trades today. Thanks @icy wraith @quick radish @echo kiln and everyone else for the week. Wish all of you nice weekend. @quick radish Sorry for the heads up on GBPUSD (I think…. We both lost today but that new OB came out of nowhere) …. But I hope went all good with the other ideas I put out today and during the week. Sometimes shit happens 😄

[quick radish]

Thanks bro

[worn hatch]

@wild kindle still waiting for your strategy during the weekend 🙂

[wild kindle]

Hopefully I will put it down tomorrow….. but man…. Is so easy my 5 years son could master it without problems. I feel even ashamed to put it down. When you will read it …. You would think “that’s it???” …. Yes I had same reaction when it clicked and even @quick radish Was like “cannot be that easy”…… but it works a tons of times and better has a really high RR ratio.

[worn hatch]

Thatz awesome to hear thou .. Learning and learning is part of Trading .. no matter how much we loose and win .. blow accounts or double our account we still tend to learn more to master them all .. We all are here to learn and succeed together ❤️ 🙂

[wild kindle]

Yeah you re right. I m here to learn more and more. Plus I enjoy the community. It s like a big family here 👍

[worn hatch]

Indeed it is

[icy wraith]

Always welcome to help brother

[echo kiln]

Have a good weekend !!!!!

[plucky stag]

Sometimes the simple startegy is all you need with good money management to make money. I started on stocks with simple shit like vwap and fibonacci and qqe and made money with it. i had no knowledge about complex price action conecepts then.

[wild kindle]

How happen to trade Swedish krona?

[worn hatch]

Morning Fam ☕️

[fluid hamlet]

Yup waiting for it

[strange quail]

Morning

[worn hatch]

How was your trades yesterday and the whole week thou @strange quail

[strange quail]

paper traded all week,

[worn hatch]

Backtesting a strategy?

[strange quail]

I have been profitable and very confident in trade by following Mickey's strategy period,

[worn hatch]

Silver bullet strategy using LUX Algo Indicator

https://youtube.com/shorts/rrwMRD5hxaY?si=So-qU0PLRfDo4hAi

[wild kindle]

Hi…. Will backtest it before putting out. I had a really nice week with this strategy. And according @quick radish Who backtested already the strategy had a medium RR 2:1…. Now the common way to lose a trade (since the strategy basic idea is that the price goes from demand to supply areas, support to resistence or how you like to call them….) is that a new OB comes up in the trade and reverse the price direction against you. It happened to me 2 times (not so many compared to number of trades I took). But anyway I want to backtest it to see winrate on different assets, backtest going with trend and against the trend to see which way works best although this is not a trend strategy. Let me backtest it before putting out. So I can give you even results to make you feel more safe.

[quick radish]

Time to play with PAC OB time frames......

[wild kindle]

Do you remember how did it go with your back testing??

[coarse monolith]

That would be Great

[coarse monolith]

Is this described here?

[worn hatch]

#💱forex-chat message

[quick radish]

I only got to back test GBPUSD and it hit a 1:2 RR almost all the time. I'll be doing EURUSD, GBPJPY today. I want to mess with the PAC settings to see if an entry on the 3 mins would be good using the 30MIN/1HR OB.

[wild kindle]

Did you backtest using the same OB as the chart? Or higher time frame ob?

[quick radish]

I back tested with exactly the settings you told me( OB as on chart). However I remember you omitted mentioning the matrix settings of TLS. Immediately i added that it was obvious I should have had more wins.

[quick radish]

This is what I know for a fact, if you have an account enough to take a trade of 0.03 lot not risking more than 2% of your account, and you did a minimum of 1:3 RR with this strategy, you would make a good killing still using good risk management (THIS IS NOT INVESTMENT ADVICE)

[wild kindle]

Thanks for your back testing on GBPUSD….. and your advice. I wouldn’t put out anything without some backtesing on different assets forex, gold maybe index….. I would love people safe with using that strategy .

[quick radish]

I'm optimistic of getting better earlier entries on the lower time frames using the higher time frame OB's. Your RR would be insane. So im back testing on that now.

[wild kindle]

Thanks…. Let me know how did I it go.

[quick radish]

Sure!!.

[wild kindle]

So I did some backtest on EURUSD with the simplest goal ever …. Target next OB or die. Well I did about 10 trades and was 80% win rate. The following are winning or loss (-) :
1 (0.38%)
2 (-0.2%)
3 (0.35%)
4 (0.70%)
5 (0.20%)
6 (-0.20%)
7 (0.51%)
8 (0.49%)
9 (0.12%)
10 (0.25%)
So considering a 10.000$ account and 30X Leverage score would be:
20.500$
With a account increase of 105%.

2 trade were loss cause unpredictable OB came up.

[worn hatch]

105% is an insane WR

[wild kindle]

Well considering 10 trades leverage X30 and 80% win rate….. we’ll I don’t consider any broker cost, spread whatsoever

[wild kindle]

I m doing some backtest…. I don’t wanna put out something that can make our friends on the forum lose money…. I wanna be sure this has a high win rate on different assets

[worn hatch]

we shall catch 85-90% excluding the misc charges around

[wild kindle]

@quick radish @worn hatch @mickyfx I did some backtest on Oil…. This time I chooses to use Neo cloud to go with the trend …. Goal was target to next ob. Since Neo was red I decided to take only bearish trades. Score has been insane.

For visual I took away Neo cloud and OB

[quick radish]

How exactly do you use the neo cloud?

[wild kindle]

Just for trend detection….. entry is still the same as before. I just don’t take trades against the trend

[quick radish]

cool. Do you use it as exit too?

[wild kindle]

No…. I m just backtesting with the easiest goal of the strategy. Reaction OB target next OB or die …. I wanna make as easy as possible. Exit next OB or stop loss.

[coarse monolith]

Did you Share the Settings already? Thanks a lot for your work

[wild kindle]

Except few here like @quick radish @icy wraith and few others I didn’t share…. Not because I don’t want . But because I wanna be sure this works really good. And how it can work even better.

[fluid hamlet]

So we will be targeting the bounce from support or ressistence zone ?

[vague warren]

What is strategie exactly you are talking about?

[wild kindle]

Well this is based on the concept that price goes from demand to supply areas and viceversa. So the strategy is super easy. You have to use Pac and Matrix (with some modifications but nothing that crazy) and if you wanna trade with the trend Neo cloud. That’s it. As easy as it is i did a +20% on my account last week. Some trading idea was posted on the forum and they worked really good. But I wanna check if I ve been just lucky or this really works.

[wild kindle]

A simple version of @icy wraith strategy…. They just complement each other. If you can master that you re good to go to be profitable trader 👍

[vague warren]

Yup RK strategy is working best 👌. But I thought you were talking about different strategy

[coarse monolith]

Is this Described Here?

[vague warren]

Look at "OSCILLATOR MATRIX & FIB RETRACEMENT LEVELS.. " at pro strategy section

[wild kindle]

It is different somehow…..

[wild kindle]

How is it going your backtesting?

[icy wraith]

You are just waow bro😬🫡🫡🫡

[icy wraith]

Your are awesome brother i really like it

[icy wraith]

Happy to help

[quick radish]

Backtest on EURUSD from Sept 25th Till Oct 13th ( Entry chart 3mins with PAC OB settings at 30mins , breaker blocks active, MATRIX AT TLS 2) :25 -27 1:15 RR
25- OCT4 1:17 RR
OCT4-12TH SWING 1:11RR
RETRACMENT ON THE 6TH ANOTHER ENTRY SAME TREND DIRECTION 1:7 RR EXIT 12TH
OCT 12-13 FIRST ENTRY 1:8RR, SECOND ENTRY ON BREAKER BLOCK 1:4 RR
OCT 13 FIRST ENTRY SAME TREND DIRECTION 1:4 RR SECOND ENTRY 1:3

[wild kindle]

Wow 3 min…..

[quick radish]

lol, because i noticed most times the trend from these OB's go on for more than 2 days. Would be nice to enter the 3min using dynamic R:RR where you split your lot and enter in 3 places, always guaranteed a1:2 or 3 RR then let the rest play with 1:5RR and 1:8 RR. You move the other 2 positions to break even once you hit tp on your first position.

[wild kindle]

Ok. After some backtest we did. I can say the strategy is actually profitable. I will put Down this strategy with different variations I came out with so everybody can choose what they wanna use (if they wanna use it). So would me nice for you to add your variations (OB from higher time frame ) etc…. If you want.

[quick radish]

of course go ahead and add it. as long as it benefits someone

[quick radish]

I cant go farther in the back test because of the low time frame and I'm on the free version of TV

[wild kindle]

I understand…. I did backtest too. And it works really good and the version with Neo Cloud had huge winrate. So I be confident is profitable and hopefully someone can benefit from it. Since I use single time frame OB…. Would be nice from you to add your version with OB from higher time frame.

[quick radish]

Backtest on GBPJPY from OCT4th Till Oct 13th ( Entry chart 3mins with PAC OB settings at 30mins , breaker blocks active, MATRIX AT TLS 2)
GBPJPY
OCT4-12 1:13 RR
5TH -12TH PULL BACK AND RE ENTRY 1:20 RR SECOND ENTRY 1:10 RR
6TH -12TH PULL BACK AND RE ENTRY 1:14 RR SECOND ENTRY 1:5 RR
10TH- 12TH PULL BACK AND RE ENTRY 1:6 RR
12TH-13TH TREND CHANGE 1:15 RR SECOND ENTRY 1:8RR

[wild kindle]

Looks it’s working really good .

[quick radish]

Its blowing my mind

[quick radish]

one 26pip loss on GBPJPY

[wild kindle]

Did you try maybe 4hour ob entry 15 min….. I think should work the same.

[wild kindle]

And I bet an opposite OB showed up. But yes lose some trades can happen …. Everyone does.

[quick radish]

with probably bigger sl and fewer OB's but will work

[wild kindle]

Yes… would be nice you add this strategy to the strategy when I will post. I think cold be interesting for many

[quick radish]

you could compile the different variations and post it together so people dont get confused and think its two different strategies

[quick radish]

exactly what happened

[wild kindle]

Ok…. If you don’t mind send me your higher time frame OB version… with settings you use. When you enter the trade and when you exit the trade. Plus send me some pics so I can post together .

[wild kindle]

I could have put my life on that 😄

[quick radish]

ok

[quick radish]

lol

[wild kindle]

It is the only way you can lose a trade

[quick radish]

Backtest on GBPAUD from OCT2nd Till Oct 13th ( Entry chart 3mins with PAC OB settings at 30mins , breaker blocks active, MATRIX AT TLS 2)
GBPJPY
OCT2-12 1:15 RR
3RD-12 1:17 RR PULL BACK SECOND ENTRY 1:5
10TH-12 1:10 RR
11TH-12 1:10 RR PULL BACK SECOND ENTRY 1:6
13TH TREND CHANGE 1:2 RR

[wild kindle]

Looks interesting…..

[wild kindle]

Never saw this kind of RR ratio 🥳🤩🥳🤩

[quick radish]

lol feels so unreal

[wild kindle]

And how about losses? Because we should have some…. I suppose

[quick radish]

obviously but so far this back test is quite short, but i only saw one loss on GJ. The target for me is 1:3 or maybe two. Then have split risk with two other entries hunting for 1:5 and 1:8 RR and maybe a last entry to the next OB for exit. So at any given day i dont get an entry on that pair, I would most likely have one open entry which is yet to hit the longer tp. But yea i know the market is not always that kind. But im good with it. lol

[wild kindle]

So overall what do you think about strategy? Is it profitable enough?

[quick radish]

If you stick to the rules, its quite profitable. I would definitely score it above 65% and this is me being modest with the numbers. This is how i rate strategies, if your strategy can give a consistent RR of 1:2 for say 4 wiins out of 5 trades baack to back as a perfect strategy, and 3:wims out of 5 trades as average but you will alwaysbe in profit at the end of the day

[wild kindle]

Really good…. Plus high RR…. Wow. Would you mind send me your higher time frame strategy. I will post the strategy on the strategy section ASAP . Well done 👍

[quick radish]

thanks bro for the strategy, its given me hope once again in forex lol

[wild kindle]

Never lose hope 😇

[plucky stag]

Don't forget market conditions affect strategies too.
backtest it in different months and see if you get good results

[wild kindle]

Catching a 8:1 RR on 1 hour Time Frane gives me the chills .

@quick radish

[quick radish]

lol

[quick radish]

Backtest on GBPNZD from OCT 9th Till Oct 13th ( Entry chart 3mins with PAC OB settings at 30mins , breaker blocks active, MATRIX AT TLS 2)
GBPJPY
OCT 9-10 1:6 RR
10-11 1:7 RR PULL BACK SECOND ENTRY 1:4 3RD ENTRY 1;2
12TH-13TH 1:6 RR PULL BACK SECOND ENTRY 1;3 RR

[echo kiln]

Looks like everyone here studying

[quick radish]

Hi Micky

[echo kiln]

Hey hey!!!

[icy wraith]

Just a idea i just took this entry and trailed my sl on chart as well as oscillator matrix but i gave more value to trailing sl on chart then ob.. I don’t know how much it works still seems preety good…

[worn hatch]

Morning Fam ☕️

Wassap everyone

[icy wraith]

You must post you strategy it must be killing on market😬😬😬

[next trench]

should i use the 4h or 1h in combination with the 15m, 1m
ik 4h stronger but 1h kinda combines better

[somber crown]

@quick radish Good morning. Trying to follow lol. Did you post your strategy? I read back until about yesterday morning but may have missed it.

[modest ginkgo]

Which broker that we can use for forex like you're trading @icy wraith

I mean the one that can connect to tradingview as well

[somber crown]

Oh nvm it seems it is @wild kindle strategy. I’ll wait for the post then!

Btw what is OB? Still learning:D

Order block?

[quick radish]

yea order block

[quick radish]

not yet, @wild kindle will post it together with his when i send him the details. Its the same strategy just different settings. Hang in there lol

[somber crown]

Awesome! Does this indicator work with it you think?

[iron temple]

@somber crown has earned the Lux Level 2 role!

wildgoat. 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 ;)

[somber crown]

Showing higher time frame on the same chart

This example is 30m chart overlay on 5m

[quick radish]

cant see any indicator on this chart

[somber crown]

Sorry, it is this. Can change TF in the settings.

It just shows an overlay of higher time frame on the same chart so you dont need to have more than one chart open or on another screen I guess.

[quick radish]

i'll be posting short back test on Gold today

[somber crown]

That would be awesome. I have been trading gold often lately.

[somber crown]

This discord is awesome. I have gotten so much information here compared to anywhere else. As a brand new trader it is very much appreciated.

[wild kindle]

The strategy will be posted soon… I m just working out some ideas and waiting @quick radish Backtesting his multitime frame strategy. I will put it down so from a simple concept (prices goes from supply to demand area and viceversa) you can have different versions of the same strategy. Basic, trend friendly, multitime. With different ways to reach Take Profit Areas using even concepts my friend @icy wraith has elaborate. So you can take the whole trade, scalp if you wish . Hope everyone would enjoy it.

[icy wraith]

Waiting for it

[quick radish]

Please check your message box and get back to me

[wild kindle]

Replied .

[shy trench]

Looking forward to upcoming week

[worn hatch]

4h TF in Gold

1D TF in Gold

4H TF in Gold

1D TF in Gold

[last arch]

@quick radish @wild kindle I'm excited to see what you post. I'm testing a divergence based strat this morning. Happy to switch over to your strat and do some BTing on a few pairs when you are ready.

[wild kindle]

When you will see it …. Probably you would think is too easy 😂

[quick radish]

[last arch]

Easy isn't bad. I always think it is cool to see what people discover. I'm happy to Backtest on a few pairs if you are looking for more validation.

[iron temple]

@last arch has earned the Lux Level 1 role!

mrdrsupervillain 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

[somber crown]

Stop teasing!

I keep checking back in anticipation 🫣

[icy wraith]

Still like to see it you seem to have great strategy bro… everyone is crazy about it.. i am also eagerly waiting for it… post it soon bro😬😬😬

Lets see if this path plays out well

To give u more insight like this short at 71-88% sl at 100% and tp is 0%

[echo kiln]

Yeah looks good

[blissful leaf]

is that a new forex pair?

[wild kindle]

Lux algo Matrix, lux algo PAC …. The simplest strategy in the world and even criptò are doomed

Ops this is forex …. Sorry

[strange quail]

can we set an alert for this setup?

[last arch]

@wild kindle & @quick radish, is the strategy you are tinkering with a variation on the strategy @icy wraith is showing?

[somber crown]

Is this the base for what we are waiting for?!

Sorry to be so impatient. My son needs new cleats before his game next weekend.

Jk, just very eager to learn as much as humanly possible while im not at my 8-5 job lol

[wild kindle]

@somber crown @strange quail @last arch . The Fibonacci strategy of my friend @icy wraith has been the inspiration for my strategy. But although in a lot of cases the trades are identical the strategy differs in the concept since one is based on the powerful idea of the Fibonacci Retracement Levels (used in a unique way) the other is based on the Concept that the price is attracted and rejected at so called KeY Levels (supply demand …. You name it) . I wanted this strategy to be soooo easy that even a 5 year baby could master with a certain success. I just did some backtests, my friend @quick radish Did some to see how much profitable it can be. I didn’t want to put anything out could make anybody In the forum lose money (although everyone should already know past performances doesn’t mean future results). Plus I wanted to add some ideas my friend @icy wraith has shared with me to make it better and suitable for different kinds of traders. That’s why I still didn’t put it down …. But I repeat is based on a really easy concept so doesn’t expect any complicate stratetegy, 200 Ema on the chart whatsoever….. just 2 tools . That’s it

[plucky lynx]

Anybody trade for a firm that allows weekend crypto trading?

[somber crown]

Good because as a beginner this is something I can really appreciate. Some of these indicators are still foreign language to me. I have been trying all kinds of strategies.

[last arch]

@icy wraith is your strategy something you have shared with the thread? Do I just need to keep scrolling back?

[icy wraith]

I have shown different chart examples and explained my strategy if you understood it well you don’t need to scroll up however you can see video i posted somedays back

[icy wraith]

Will we seen another leg down from the circle market… let’s wait for hyperwave to reset

Yes

Like this

[icy wraith]

No entry now we wait for bullish entry😬😬

Like this

[somber crown]

You will short here or wait for reversal back to bullish?

[icy wraith]

I like to wait for my entry

Coz i like to keep my sl small

[somber crown]

I see.

[icy wraith]

Like this

So that my sl is small

[icy wraith]

Lets see

Another

Goodnight guys just placed them in working mode … heading to sleep just for info i am not trading them just testing strategy on live market

[somber crown]

Thanks! Goodnight!

[icy wraith]

I will post the result in the morning what happened if to is hit how to trail the rest

[icy wraith]

Sl cost to cost

[icy wraith]

Tp

😬😬😬

[icy wraith]

Took sp on the breaker block but path was somewhat same

Sol i would have taken this long according to my strategy 😬

[ashen lintel]

New pair in forex? 🤷🏽‍♂️

[ashen lintel]

New pair in forex? 🤷🏽‍♂️

[icy wraith]

Just showing some example i posted yesterday how trades on chart can be planned😬😬😬

[icy wraith]

Not planned as forex or crypto but if it’s necessary to put only forex in this chat room will remember that

[wild kindle]

Trade idea Gold …. 1 hour time frame potential set up for a leg up. Careful set up not completed. Wait.

[ashen lintel]

Still down?

[wild kindle]

@ashen lintel @icy wraith …. Potential set up

@quick radish

[ashen lintel]

I see the OB is around < 1910 instead those fvg at 1918-1917 area

Are you refer to the fibo in osci matrix?

I’m in short since morning and waiting to hit that nearby fvg actually

😥

[wild kindle]

I m referring to fibo…. But still I m talking about a potential set up for a potential leg up…. So let’s just watch it

[ashen lintel]

Ok bro, hope to hit the fvg first

[wild kindle]

Perfect set up should be around that area 🤩

[dusk yarrow]

Morning morning

[ashen lintel]

Hit fvg bro

[shy trench]

Morning guys

[ashen lintel]

According tf 4h channel it pullback down first