💱forex-chat

[worn hatch]

or one of the best Broker is IC Market

[icy wraith]

Would you suggest that?

Should I switch up

[worn hatch]

Yes Sir

[final kernel]

I am using them .. but as I said its max 1:30 .

[worn hatch]

Check IC market thou ... they are Number 1

[icy wraith]

So I should switch to them then?

[worn hatch]

That would be a swing account thou

[bitter bloom]

I can vouch for IC Market

I've been using them for 2.5 years

[final kernel]

your leverage is 1:30 ?

[bitter bloom]

I've been able to take out my profits and capital whnever needed

no 1:500

they offer 1:1000 too but thats a lot lol

[final kernel]

How come , you managed to get 1:500 ? you put so much money or what ?

[worn hatch]

Do they accept Crypto withdrawal ?

[worn hatch]

Lovely

there is one broker who provides 1:2000 Lev

[final kernel]

@bitter bloom or your not based in Europe I assume ?

[bitter bloom]

not much i have a 5k account that's self funded. and i have 10k in reserve to see how i perform.

[icy wraith]

On vantage you can get 500:1

Gonna need NZD/CHF to really turn it around 🫠

[bitter bloom]

Unfortunately not really. they do take paypal, skrilles and bank cards

[icy wraith]

How often does it happen that brokers steal all the money and disappear?

[worn hatch]

it may hit the trendline and SL and fly

[worn hatch]

when they are not regulated

[final kernel]

where you based @bitter bloom ?

[icy wraith]

Vantage is regulated

[worn hatch]

I know

[final kernel]

oh .. good news.

[worn hatch]

They are famous too

[bitter bloom]

Africa😉

[worn hatch]

GTC broker

[final kernel]

omg . check IC markets requirements for higher leverage in europe .

[icy wraith]

But what if it happens that I for example take a short and at that moment reversal occurs?

[icy wraith]

So far we are turning around it seems my wish is being fulfilled

[icy wraith]

Like how would I know the exact confirmed entry as you do? You don’t just enter randomly?

[worn hatch]

Matrix Osci is your bestfriend .. Use Hyperwave in setting turning it to TS as Strong confirmation

[bitter bloom]

anyone here a finance professional?

[worn hatch]

I hate maths

😤

[bitter bloom]

So solely just training from your guru?

[icy wraith]

I promise you it’s better to go research than ask in Discord chat, plus you may now get a ton of spam DM’s

He said it right 😂

[worn hatch]

Gold 3m TF .. Look at the candle and Matrix Osci using Hyperwave as strong confirmation for buy and sell

[icy wraith]

Hmm lemme check

[worn hatch]

There is word called Cheating in exam .. every last bencher goals 🤣

[bitter bloom]

lol the reason i ask is, because i am an Actuary major and am a qualified stock broker.

but trading is not easy lol

[icy wraith]

I have my Series 7 and 63 but not my series 57

[worn hatch]

Trade with confirmations but do not trade on news trade thou .. alot of Manipulation

[icy wraith]

Ehhh, it’s not crazy hard. Weirdly I think of it as a language. Although just like any person speaking any language they can lie to you!

[icy wraith]

Okay now I see settings for hyper wave are set to Main length - 7 and TS - 3 and divergence sensitivity at 20, how should I adjust those, based off what?

[icy wraith]

News traders = Gambling Addicts

[worn hatch]

just leave everything at default and just keep TS as hyperwave and take trades

[worn hatch]

They want to millionaire overnight .. I dreamt the same on 1st two days of forex trading days 🤣

[icy wraith]

Yeah I’ll watch couple of videos for better understanding of oscillator matrix, thank you for help and advices as always

[bitter bloom]

So basically we use the British system, so I’ve done all my CT and CA exams, busy with my ST series exams.

[worn hatch]

#📈must-watch

[icy wraith]

Oh gotcha, so you have an FCA license then?

[bitter bloom]

Honestly I think I need a lesson with the guru. I’m writing a board next week, so I haven’t been trading much. 😓😓

[bitter bloom]

If you mean by Fellow Actuary, then not yet, I’ve gotta get the ST’s done. But I’m an Associate, so I think that’s a yes😂

The Americans and UK system and Aussie Actuarial boards are basically the same just named differently

[icy wraith]

Yea that means you work under a license holder is all, but that’s good for you man! I work in private equity which is not so much trading but more of market trend analysis and asset valuations

I also had to get my insurance license for this lol

[bitter bloom]

I do the same thing except it’s more on the Investment Analysis side.

[bitter bloom]

I didn’t like insurance lol, those life expectancy calculations were next level 😂😂😂😂

But Life insurance pays a lot 🤑🤑🤑

I’m trying to become a CERA

[icy wraith]

Personally for living benefits my clients prefer annuities

[icy wraith]

If you can make it with a nice client list that’s a loooooot of money

[bitter bloom]

Agreed, annuities do well. Did you look into the Pension fund side ?

[icy wraith]

A bit but only focused on the conversion of them into a living trust or an immediate estate

[bitter bloom]

Interesting, honestly if you’re working for a pretty big firm, you get lots of benefits and most of the valuation calculations are already on the system for us. But they’ve implemented a lot of automations, but obviously they need Actuaries to overlook and Analyse everything. It’s great, but I don’t wanna be stuck in a company all my life 😂😂😂

Not many Private Actuarial Consultants where I’m from, almost all of them work for firms. Your side?

Also sorry guys, I feel like I’m hogging the chat. Apologies 😅🤣

[icy wraith]

Yea I quit my firm actually 6 months ago 😂 I worked for a branch under Charles Schwab so we got to share their client list and got called in to over-see a handful of accounts and revised/reviewed terms or expiring contracts which was the most bored I’ve felt in my life and left once I became profitable enough with day trading (after about a year and a half) which is where we are now

[bitter bloom]

Yeah I’m currently just at a firm to gain some of my own capital and savings. But I am looking at being a full time day trader. I am struggling a bit, but I feel with LuxAlgo a lot of the Analysis being done for you really assists as opposed to doing it manually, which is what I was doing for 3 years 😂

[icy wraith]

Yea, the accuracy is insane I used to trade naked charts the one thing that sold me (and I’m sure a lot of others on here) is the volume metric data. Plus almost every single strategy posted in the #1128499789437354106 actually works well, you’ll be alright just stick to what feels natural

[bitter bloom]

It’s the Accuracy that attracted me too. I did do a lot of research on others too. Honestly coz we’re numbers guys, I think it’s what surprises me the most lol😎

[drifting garnet]

What do you guys think of the gbp/cad 4HR timeframe chart, it looks like a upside breakout will happen soon

[worn hatch]

Morning Fam ☕

[worn hatch]

Gold 4H TF

Gold 1h TF

Gold 30m TF

Gold 15m TF

[zinc cedar]

Good morning ☕️

[worn hatch]

Gold 1D chart

I don't see any interesting as the market is waiting for Uncle Powell Complaint about his nephews and niece 🤣🤣🤣

[oblique siren]

Morning King

up nice and early for early chart reading

oh

JP's on today]

yikes

4H: bounce off of a bullish OB and within a bullish FVG
1H: just outside a bullish FVG with a HL printed
30m: restesting bearish OB
15m: sat between two OB's, nothing much really to say
5m: back into FVG formed just under 30 mins ago
3m: previously bounced off Bullish OB at 7:21 GMT

that's what i've concurred from intial market analysis

[worn hatch]

SB Session begins @plucky stag

[oblique siren]

15m gold with 1h FVG

[plucky stag]

Ye but i am busy working atm qwq

gl bro

[zinc cedar]

@worn hatch dude what’s the best proker to buy account

[worn hatch]

broker or prop firm ?

[worn hatch]

No worries

[zinc cedar]

Prop firm

Funded accounts

[flat fog]

It's my first day in this community. I want to know whether luxAlgo's indicators are very helpful in growing wealth. Dear seniors,

[tired ridge]

@worn hatch good motning . Did you got payed from that prop firm ?

[worn hatch]

many a times ..

[worn hatch]

Hello and Welcome

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

[icy wraith]

Yo good morning 😃

Any trades yet?

[worn hatch]

I am on sell

[small crane]

I was pending order around 1968 but it just doesn't hit

Actually it hit once but the wrong side, rookie mistake buy at 1969

I meant to sell but miss click

[icy wraith]

2nd loss of the week 🙃

[oblique siren]

I'm currently looking for longs, wanting it to bounce off the 1hour FVG

[plucky stag]

I did short on eurousd

30 min ago

i just saw it break a key level and i shorted

[oblique siren]

This is for gold btw

Just waiting for a matrix dot change

[worn hatch]

Got bored and exited soon too

$2,280 in profits 📈 😍 ♥️ 😎

Almost done for day 🙌 🤗 😌 😬

[oblique siren]

Damn bro markets been sideways most of this morning

That is insane

[icy wraith]

A scalpers paradise if it’s sideways on a large TF lol

[worn hatch]

This was the trade thingy...

Balls of steels 🤣 @quasi oriole

[icy wraith]

@oblique siren ^^ example

[oblique siren]

Currently internally screaming at what I'm looking at rn

[worn hatch]

That is the fun fact for a scalper to take his/her share of profits

Was trading on 1m and 3m TF

[small crane]

Yesterday I find myself getting in position too slow so I changed to see the confirmation on 1m, about 50% win rate so far.

Only risk is that I need to cut it fast if ended up in the wrong side though

[worn hatch]

Gold 5m TF

[plucky stag]

I haven't exited on my short

Still dropping

For euro

[worn hatch]

it will drop more down

But I didn't wanted to take the risk

[oblique siren]

I'm looking long now on gold if retests the 1H OB

Could be wrong

But that's what my analysis points to

[worn hatch]

33.55 lots today for now

[oblique siren]

Actually it's reacted nicely off of the 30m FVG

I've gone long but my mobile data is dog awful on the bus rn

Hold and pray moment

[plucky stag]

I got out with 18 pips on euro

[oblique siren]

I'm in the red again

Ffs

[plucky stag]

Why did you go long?

it was a short

It could go up tho if the ob is not broken

But atm it is still a short

[worn hatch]

https://tenor.com/view/lets-pray-pray-hope-the-best-devuda-hope-gif-18917369

[oblique siren]

Yeah na

[worn hatch]

https://tenor.com/view/positive-vibes-about-life-cliphy-gif-13285751

[oblique siren]

-£22 on the day

Closed them for a loss

At this rate I'm just going to trade by reversing my every intuition

Would be on like 80% these past 3 weeks

[plucky stag]

i would say there are two things when you trade . Right trend and right entry . If you have bad entry but right trend you can still salvage with some pullbacks but wrong trend and wrong entry you cant salvage and if it is wrong trend and good entry you can cut losses earlier but thats all.

[oblique siren]

I mean the trend for me is wrong trend wrong entry

I'm just not seeing what other profitable people are seeing

I'm finding signals to try and understand but get them wrong

[dusk yarrow]

your strategy is one the discord?

[plucky stag]

Atm gold is ranging between 66 and 69

which ever side breaks first will decide where it will go

For a scalper you just trade the range

Amd the reason for this range is simple...powell speaks in few hours

Market ain't gonna move without the dude talking first

most people are scared of powell so they usually go for the sell side

if it is good news for gold they will buy

[oblique siren]

Yeah I can't predict that never can even if there is news for it

[plucky stag]

well in this case it is unlikely since all powell does is make sure dxy is strong

[oblique siren]

So if dxy does well gold goes down

[plucky stag]

Yes

because it is gold against dollar

[oblique siren]

But they happen at the same time so i can't use one as a heads up for the other

[plucky stag]

dxy is an index of dollar performance over many currencies

[bitter bloom]

Normally DXY is inversely proportional to the US Dollar. So the tendencies are normally if DXY goes down, then Gold will go up. Also please do correct me if I’m wrong here.

[oblique siren]

Man I got to be so careful I've already blown 2 smaller accounts and im on my way to blow a larger one

I've got my leverage at its lowest but I'm still losing money

[small crane]

sometimes news don't reflect price, idk why but last week news against USD but the gold price goes down instead of up

[plucky stag]

that's because gold is affected by geopolitical stuff not just dxy

also gold didn't have a proper retracement from the recent breakouts

[icy wraith]

I wasn’t home, what’s going on rn

[oblique siren]

Just prolonging the enevitable

[icy wraith]

Gold dipping bad

Its always that i aint home and miss it

[plucky stag]

tell me about it xD

it is ok we can trade after powell today

Will see if i can scalp a long to 65

[worn hatch]

Zero Trades for now

#💱forex-chat message

[oblique siren]

so so glad i cut my long

would probably be 100 down if i didny

didnt

[wild kindle]

Gold touched 1 hour OB and down again…. Good short

[plucky stag]

yeah sell still strong on gold

Maybe it will retrace a bit up

But gotta see if it is worth

[oblique siren]

hit both 15m and 30m OB

and 30m FVG

and 15m FVG

every instinct is telling me to scalp long but i know that wont work

[plucky stag]

I already did

got in at 63 but it is very risky

gotta be quick

If price goes againt you then you get out

[uneven peak]

@snow beacon Hi boss

[worn hatch]

You may find here in here #📈futures-stocks-chat

[plucky stag]

It is still a short it seems

[oblique siren]

hasnt broken the OBs just yet

i think my matrix values for the cash flow is so whack i'm not getting any good early entry signals

i'm always getting them in the middle or right at the end

[ashen lintel]

15m discount area on 1956 - 1955

same with 1h

[barren crypt]

Well Done. Do you actually trade for 61 times to achieve this result?

[worn hatch]

layering them yeah

[oblique siren]

got a reversal arrow on 15m ocillator

[ashen lintel]

my buy limit at 1955 still there 🙂

[worn hatch]

1950 OB support on 1H TF

[ashen lintel]

damn will nmore deeper than current discount area?

[barren crypt]

All on the XAU USD pair?

[worn hatch]

Gold 1h TF

[worn hatch]

Yes Sir

[wild kindle]

Next tp area 1960.50

[oblique siren]

idk wtf to do so i'm going to place buy and sell orders at each nearest OB

hoping it does what it did last friday where it just entered a Ob and then tanked

[worn hatch]

Current trade for now

And out too ..

[snow beacon]

Heyy!! Welcome ! Come to #1136038766553878689

[oblique siren]

now i'm £58 up on the day so it's not all doom and gloom rn

if only if i entred at the grey dot on the oscilator an hour ago

4H chart tho

sitting in that OB

[wild kindle]

Beautiful short on gold RR 1:4 reached. Happy with that. Can be a retracement or reversal soon

[oblique siren]

damn

[icy wraith]

any possible entries now?

ive just came home

[worn hatch]

Sometime I feel you just admire them without any trades

[icy wraith]

wdym

i wasnt home

[worn hatch]

Have you taken any trades since morning or yesterday ?

[oblique siren]

i'm thinking 1957 could be a possible resistance area

just at the LL

[worn hatch]

Support area

on 4h TF

[icy wraith]

no, i wasnt home, i just turned on the PC

[ashen lintel]

it default yes? tp/sl point 5 ?

[oblique siren]

my bad yeah i saw it on the 15m tf but its the same candle as the 4h

this is what I saw on 15m

[icy wraith]

Its Powell today

[wild kindle]

I do 4….. but in this case I exited cause I had reversal point on oscillator and FVG at support so i tough better get out.

[strong snow]

I use 3

[oblique siren]

actually do you thing you could get away with 1958?

[icy wraith]

It was a good support from yesterday around that level of 1960 to 1958

[wild kindle]

Yes 3 is ok…. But 4 works quite well on 15 I tested

[oblique siren]

think there might be a possible retreacement on 15m

FVG

[worn hatch]

We are all chilling at the moment near the 4h Support OB until Uncle Powell speaks .. All i feel is we might touch and kiss 1950 1h Support and fly back up

[icy wraith]

matrix osci keeps showing possible reversals

[iron temple]

@icy wraith has earned the Lux Level 3 role!

notviktorrs just levelled up! 🚀🎉🍰

Woah there, you’re a real G… welcome to LuxAlgo Level 3! Here is a cake for being so active in the LuxAlgo community. You’re getting closer to legendary status, keep going pal! <3

[plucky stag]

balls of steel

[junior aurora]

this fucking DXY starting to piss me off gosh

[oblique siren]

damn

how do you sit down with balls that big

[icy wraith]

And then comes the question how did you blow up

thats crazy

[plucky stag]

Lets fucking go

Ok i am done

[icy wraith]

Yeah its actually pushing rn

[icy wraith]

how much was that

[plucky stag]

500 bucks

[oblique siren]

brehhhh

i'm on short now

[winter hound]

hi people

[oblique siren]

hoping that FVG was a small retrace

[winter hound]

im looking fore

[icy wraith]

Well done

[worn hatch]

If you exited at 61 for both it would be $200 on 2 lot size

[winter hound]

good settings fore price action

oscylator

and signals and overals

[plucky stag]

Got out at 62.4

[oblique siren]

praying it drops now

[worn hatch]

Deleted it before getting banned 🙂

[icy wraith]

Yeah thats i was thinking cause he was dropping free promo 😂

[oblique siren]

NFT cringe tho

[icy wraith]

JPEGs of monkeys

[oblique siren]

https://tenor.com/view/nft-screenshot-nfts-screenshot-screenshot-nft-gif-24207426

[icy wraith]

[icy wraith]

barely dropping for now

[oblique siren]

i'm in shorts thats why im hoping

nvm dying inside rn

[plucky stag]

It will do a fib retracement

might go to 63.5

[oblique siren]

gonna have to diamond hands it again i think ffs

[worn hatch]

News trade on 1H TF price will go up to fall down with pressure

[worn hatch]

What level are you on Sell

[oblique siren]

1962.1

[worn hatch]

lot size

[oblique siren]

oh

0.1 x 8

[worn hatch]

Got Bearish FVG on 1H TF

[ashen lintel]

0.8?

[worn hatch]

it may come up to 67-68 and then fall on 15m TF

[oblique siren]

idk man

long way for it t go up

i mean its already broken the 15m fvg that i was using for confluence so the trade is basically gone

ffs yeah i'm just going to diamond hands hold it I either blow or recover the account at this point

of course price shoots up when i trade short

always feels like it waits for you lol

man i regret trading

[worn hatch]

Chillax

Things will go good in your favour

[oblique siren]

emotions get too much someytimes

with seeing big red libe trades

[worn hatch]

why did you have 0.1 x 8 on the same level

[oblique siren]

they're spaced out

between 1962 and 1963.5

didnt thrown them alltogether

[worn hatch]

I would have 2 trade on that level

[icy wraith]

0.1 x 8 at once is too much

thats exactly how yall blow your accounts up

[plucky stag]

is your account big enough to do 0.1 x8 ?

thats alot of risk for a small account

[oblique siren]

i'm trading on a 5k account

[icy wraith]

seems like on 15M its coming for those FVGs

[plucky stag]

64 is 0.618 level

if the short from here it will keep going down but if it breaks it then will go up higher

15 m chart

tho the way i do fib retracements is different than most people xD

you can do yours and see

[icy wraith]

How do you toggle on these levels?

[plucky stag]

just settings in fib retracement tool

[oblique siren]

15mchart

[plucky stag]

not much of difference it still hit 50% on a bearish fvg too

that makes it more significant

[eager lantern]

I am on long from 2000 / 1993 / 1985 & 1981. Got stuck. Not sure where should I exit these losing legs

[plucky stag]

why you never took profit ?

[eager lantern]

I am on long, No profit since I entered

[icy wraith]

Damn

[worn hatch]

Hello and Welcome

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

[plucky stag]

your account survived this much drop ?

[worn hatch]

0.01 lot size on each level 😅

[eager lantern]

on 1000 USD acc I am holding 4 positions on 0.03. Can hold up to 1930 I guess

[worn hatch]

that is a waste of cash when you do not know what you doing in trading

[eager lantern]

Beginner to Forex. Trading Indian markets for 8 years full time. Recently started with Gold

[iron temple]

@eager lantern has earned the Lux Level 1 role!

anivirdev 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

[plucky stag]

you started on gold as your first pair xD?

[worn hatch]

Gold is super sensitive to news and not for beginners in Forex world

[eager lantern]

Yup. There are too many pairs to choose from, and Gold looks familiar to me

[worn hatch]

He wanted to become Millionaire overnight 🤷🏻‍♂️

[eager lantern]

What will be your recommendation for a beginner?

[worn hatch]

But I do not see the output

[worn hatch]

EURUSD

stick with it for 3-6 months

[eager lantern]

Thanks noted. Will check

Pls also recommend chart settings using lux pro tools

[worn hatch]

get a hands on experience before jumping on Gold

[plucky stag]

believe me you can make enough money from just eurusd

[worn hatch]

https://www.tradingview.com/chart/bnoTQoT4/

Confirm when copied

[eager lantern]

give me 10 mins

[oblique siren]

blasted through the 0.5 on fib reracement

[worn hatch]

Golden Level .618

[plucky stag]

65.5 next

[icy wraith]

at equilibrium on LTFs

[eager lantern]

copied

[oblique siren]

that's right on the edge of top of 30m FVG

still holding my positions tho

[icy wraith]

Still in short?

[oblique siren]

unfortunately

[icy wraith]

It shows a descending BW (bullish pattern) on M5

[plucky stag]

man i should have held my lots xD

could have got 1k

then i wouldnt need to trade NY

[oblique siren]

hoping it keeps going down

[icy wraith]

On 1M matrix osci it shows a reversal

[oblique siren]

everything else i'm looking at is bullish so it aint looking good

[worn hatch]

Gold 15m TF .. Bullish Matrix Osci

[eager lantern]

@worn hatch
Here is the chart I copied from yours and using same settings for EURUSD

Pls guide me on entry exits on the same

[worn hatch]

I can wick up and then fall bottom

[oblique siren]

think i'm just going to have to take the loss at this rate

[worn hatch]

Have you watch this before you begin trading ? #📈must-watch

[oblique siren]

hard stop 1966

[eager lantern]

Will check out

[icy wraith]

Not again 😭

[quasi oriole]

First Know the behaviour of the Indicators, when it does what , then @worn hatch will show you how to work on it

[oblique siren]

market is moving heavily out of my favour

will give it till 1966

[plucky stag]

i started a short

small one

since it could still go up

[icy wraith]

its bullish still

[oblique siren]

come on ny please dump it

[worn hatch]

let me take one with you .. when is Uncle Powell coming ?

[icy wraith]

NY is in 1 hour 50 min

[icy wraith]

less than 3 hrs

[plucky stag]

5:!5 pm our time is powell

[worn hatch]

You shorted right bro ?

[oblique siren]

powell is 2:15 GMT

[junior aurora]

gm guys

where you see the EURUSD? someone share his view?

[plucky stag]

ye i started one

[worn hatch]

EU 4h TF

Bearish Incoming

[junior aurora]

gosh

i'm full all in long

10m

maybe i've exagerate little bit..

[worn hatch]

What level is your trade ?

[junior aurora]

what you mean?

[worn hatch]

At what price did you buy ?

[oblique siren]

gold hit that 15m FVG at 50% and is struggling to go up past it

[ashen lintel]

short at 64.73

you?

[plucky stag]

ye

[worn hatch]

Okay will take one short from now

[junior aurora]

this is my avarage price now

1.0726

[plucky stag]

i shorted 64.8

[junior aurora]

i've seen a bullflag forming and maybe a double bottom on 4h but i should wait the breacking of course. sometimes i act emotionally

[oblique siren]

took a short 67.6 to offload some risk

[plucky stag]

i shorted both eurusd and gold

eurusd is running but gold is being stubborn as always

[junior aurora]

which is you take profit level?

[plucky stag]

i just want 63ish on gold

[worn hatch]

Took another one at your level too

[icy wraith]

EURUSD is bearish triangle on 15 TF

[oblique siren]

begging that the dollar rises on market open

[junior aurora]

i don't see it to be honest

[icy wraith]

Bro boutta lose that perfect WR 😭

[oblique siren]

trust the process King knows what hes doing

i certaintly dont

[icy wraith]

it shows automatically

[worn hatch]

Don't worry ... Accept challenges that way you would win in numbers

[plucky stag]

the main reason i entered short was cuz i have my back with 1965 level

the losses will be minimal

[junior aurora]

but with how much are you trading guys?

[worn hatch]

I am already up $2.4K for today does matter if I lose $200-$300 too

[icy wraith]

yeah you good

[plucky stag]

my eurusd short made me more money than gold xD atm

gold is annoying sometimes

[worn hatch]

Her mood swings are ongoing

Powell is coming to pamper her 🤣

[oblique siren]

i'm hoping this is spooling up to have a massive dump

[junior aurora]

nobody trading silver?

i brough also 300k of silver

[icy wraith]

You can return your money when J Powell comes 😂

[worn hatch]

EU 5m TF

[icy wraith]

Thats EURUSD 😂

...

[oblique siren]

thats only if uncle JP says that the usd is boomin

[worn hatch]

Gold 5m TF

[oblique siren]

consolidation and hoping for a matrix change

[icy wraith]

And shows a bullish pattern

[worn hatch]

it will drop soon

[worn hatch]

Did you take any trades yet ?

[icy wraith]

Im more bullish on gold

but not in any trades so far

[worn hatch]

When would you intend to take trades ?

[icy wraith]

Ill see how it goes after powell

[oblique siren]

"Fed Chair Jerome Powell is scheduled to join a policy panel discussing challenges in the global economy at an International Monetary Fund conference. He joins the Bank of Israel's Governor and Harvard professor, and may provide clues to when the US can expect rate cuts and how the US will be impacted by Israeli conflict."

[icy wraith]

EURUSD went up on M5

[worldly python]

Your chart is so confusing, can you tell me how to make mine like yours

[icy wraith]

free palestine 🇵🇸

[oblique siren]

i'm not getting into any political debate, this is a quote on what JP will be talking about in a few hours

[worn hatch]

My chart is confusing and you want my only chart ? 🤣

[icy wraith]

Gold still below threshold line on matrix osci on LTFs

[worn hatch]

Gold down again

[icy wraith]

its ranging

[worn hatch]

Both trades in profits for now

[plucky stag]

finally

[icy wraith]

Damn it dipped

[ashen lintel]

https://tenor.com/view/khabib-alhamdulillah-muslim-thanks-ufc-gif-12699545

[oblique siren]

going to start layering on the way down now

[worn hatch]

Told you to take it

[plucky stag]

lets GOO

[oblique siren]

here we go

[icy wraith]

Im fucking dumb

[worn hatch]

@icy wraith How old are you ?

[icy wraith]

17

[ashen lintel]

Bismillah down

[plucky stag]

63.5 was my out

[ashen lintel]

https://tenor.com/view/khabib-nurmagomedov-ufc-mma-momento-point-up-gif-17575981

[ashen lintel]

quick

[icy wraith]

You muslim?

[worn hatch]

That speak why you scared to trade

[plucky stag]

i had another 1 lot at 64.8 xD

i just wanted to finish my trades for today before powell

[icy wraith]

yeah but how yall predicted it

[oblique siren]

total loss has been halved rn

[worn hatch]

Are you happy now ?

[ashen lintel]

yeah so what?

here we talk abt money and brotherhood bro

[oblique siren]

getting there

[icy wraith]

assalamu alaikum

[worn hatch]

we read the chart and then trade

[ashen lintel]

[worn hatch]

Im out from both trades btw

[worldly python]

were did you see this news?

[plucky stag]

sam e

[oblique siren]

Jerome is speaking in a few hours

[ashen lintel]

why?

ah powell

[worn hatch]

We trade the same 🤣

[icy wraith]

next time im following your every move

and cartia

definietly

[worldly python]

SO WHATS YOUR TAKE ON GOLD NOW?

[ashen lintel]

isn't 2 hr remaining?

[worn hatch]

Don't wanna mess with him 🤣

[ashen lintel]

still 2hr

[oblique siren]

yeah JP comes on in just over 2 hours

[plucky stag]

gold can go lower if it is breaks 63.5

[worn hatch]

market may do the job before him or move to the direction to the level where his speech would start

[worn hatch]

Zero Trades for now

[ashen lintel]

thhere's still floating minus on me 😦

[brazen plaza]

@plucky stag what you think on EURUSD what’s the TP?

[oblique siren]

only thing i can think off is a massive boom or bust with the rate cuts

[worn hatch]

Be careful for US market Introduction coming soon .. SL hunting can happen anytime soon before Uncle Powell message

[worldly python]

PLEASE LET US KNOW WHE YOU HAVE ANY TAKE ON IT

[oblique siren]

cuts on rates should make the dollar move higher

cant hunt my stop loss if i don't have one lol

jks

[icy wraith]

then gold dips?

[worn hatch]

WHY ARE YOU CHATTING WITH CAPITAL LETTERS >>> I CAN STILL HEAR YOU CLEARLY

[plucky stag]

ye i dont trade news. I am done for now i might something to trade during sb session if i cba

[ashen lintel]

move down slowly

[oblique siren]

yeah they're inversely proportional

[oblique siren]

CAN YOU HEAR ME?

[worn hatch]

Is it loud and clear 🤣🤣🤣

[oblique siren]

i rekon you could double that is price bounces of the 1h OB's

yeah babbyyy back in the greeen

finallyyyy

[plucky stag]

i am out on eurousd was just a scalp

[oblique siren]

tp 1960

or until JP walks on stage

whichever is first

[worn hatch]

green or blue ? MT4 as green color ?

[worldly python]

LOL

[oblique siren]

blue my bad, using mt5

[worn hatch]

Gold 5m TF

[small crane]

I saw confirmation on 1 m and still hesitate but thanks to this you just convinced me to go in

[worn hatch]

It sounds rude thou 🙂

[icy wraith]

Damn shorts still going

[oblique siren]

ye

[icy wraith]

whats your entry

[oblique siren]

1961

[worn hatch]

Told you to take it

[plucky stag]

it was bearish all morning,the run we had earlier was just a fib retracement for a short

[oblique siren]

i did get a few in at1964

[worldly python]

So sorry, it means smile to me, so sorry about that brother

[icy wraith]

my bad...

[worn hatch]

No worries

[icy wraith]

at this point imma just wait until powell comes

[worn hatch]

🫤🫤🫤

[oblique siren]

dont trade the news

trade the market after

[worn hatch]

after that also you won't trade and wait for tomorrow

[plucky stag]

like i said guys if you are new to forex just trade euro usd.you can find many
beautiful trades in eurusd .

[icy wraith]

ill trade after if i get the chance

[plucky stag]

this was my short earlier at noon

[icy wraith]

we will see

[small crane]

Do you mind share what's the setup for this short?

[oblique siren]

going to see how NY takes the market but happy to hold for the moments

£40 up ftm

[icy wraith]

im following the chat and what you say, so ill make sure not to miss the next trade

hopefully

[oblique siren]

actually might has tp's at 1961 since its within the 4H bullish OB

[plucky stag]

15m we broke below 15 min equilibrium then retested and got rejected then i entered at bearish fvg to next ob

[brazen plaza]

EURUSD? Or gold

[plucky stag]

eurusd

the reason for my second short at eurusd was because it went all the way back near that level again

[oblique siren]

after today i'm going to move awaw from gold and go to EURUSD

need more practice in better areas

[plucky stag]

gold is fun for scalping fast xD

but it takes alot of experience

[oblique siren]

yeah i'm not very good with quick analysing and knowing when to enter or exit

so i'll practice on eurusd

[dreamy narwhal]

the good thing about a slower pair is that you can eventually use tight stops

[oblique siren]

and in the meantime to build up my account i'll go back to 4H swing trading whilst doing some scalping on EURUSD

[oblique siren]

it will also be good practice for me with properly learning to read the markets

i can use the skills i got from gold and transfer it over, just need to know it'll be slower

[icy wraith]

i was literally thinking the same, ill use eurusd too

and follow what fisher says

[dreamy narwhal]

get the direction right first, have a fairly big mental stop

[icy wraith]

and cartia

about gold

[worn hatch]

@quasi oriole What are you trading for now ?

[brazen plaza]

What time frame you take the trade on and use the same time frame OB?

[oblique siren]

the only time i'll touch gold is for 4H swing trading

[plucky stag]

entries are always using 3m

never use 3 m for trend direction

only entries

[brazen plaza]

Like look 4hr then 15min then take trade on 3min

[plucky stag]

yeah thats good

[oblique siren]

gold on the move up

slightly

[brazen plaza]

So better to take based on 15min OB on 3min execute?

[plucky stag]

ye study trend on 15m and higher

lets say you are going for a long ,get confirmation on 15 m then wait for 3m to be really oversold

you dont want to enter a long when 3 min is overbought or really high up

it will eventaully work but thats a bad entry

and always pair oversold or overbought with key level areas

not just by them alone

dont take your trades in the middle of no where basically

[brazen plaza]

Thank you so much. If you have any example graph please share 🙏

[oblique siren]

I'm out

finally

£70 profit

up £110 on the day

cheers gold, off to EURUSD now

price keeps going down but i just wanted out

[plucky stag]

np man.

[oblique siren]

wow glad i got out of gold when i did

[plucky stag]

like i said gold is scalpers paradise. they scalp superfast . it is not for begginers.price goes both ways

your target when scalping gold is 20-30 pips and maaaybe 50 pips if you are in the most perfect trend you can find

if you are risk managing correctly always book half profits at 13 pips and let rest ride to your tp

10-13 pips for booking half is usually good

[oblique siren]

yeah if EURUSD is slower then i'll move over to that instead

[plucky stag]

yeah eurusd you can take your sweet time

you will not fomo like gold

[oblique siren]

also gives me time to learn to read the market

fully get to know and tweak settings on the matrix and all

i'll go back to my swing trading as well in the background since that did work

just want to learn scalping and threw myself right in the deep end

can't lie head hasnt been straight for a while so did some bad decisions like trade things that I shouldnt

so its all just a learning curve

[plucky stag]

yeah focus on learning.make your own entries and if they are wrong ask yourself why were they wrong so you can make the next trade better

not everyone sees the same chart same way

i could be taking a long and king taking a short and we both end up in profits xD

[oblique siren]

fair enough

think i'll call it a day on trading unless i see something good for a setup

got coursework to do and i'm in uni now on the nice library computers

only think i will say about EURUSD is if price tanks, i'm expecting it around the lower 4H OB

[small crane]

By "confirmation" do you mean market structure like CHoCH or BoS or purely Oscillator Matrix?
I usually check 15m TF and the confirmation is always late.

[junior aurora]

maybe cup and handle?

eur/usd 5 min

[oblique siren]

Cartia you shorted gold around 64 right?

[plucky stag]

confirmations by nature are lagging. you either wait for a retracement after any confirmation...like HWO or choch or bos or whatever your strategy is

you dont enter immediately after a breakout for example you wait for a retest and rejection

yeah you will miss some opportunities

but better risk to reward

[oblique siren]

i'm assuming you saw on the 3m chart of the failure to break the bearish FVG, saw a red reversal arrow on the matrix and then finally a grey dot to show a change in direction?

is is the gold dip btw

3m chart

or is this another good entry i found but didnt because i was already balls deep in losing trades

[plucky stag]

atm idk whats gonna happen since powell is speaking in 1 hr ,market might to decide to sell off back to days lows or trade in a range

[oblique siren]

i meant this was the trade you took with king

[small crane]

Thanks for the advice!

See the roller coaster in gold rn really tempting me to go for swing trade

[plucky stag]

stay away from gold atm it will be volatile af

[oblique siren]

ayo wtf happening to gold

h

oh

NY session

[icy wraith]

What’s the time of NY ?

[oblique siren]

NY starts 1pm GMT

gold hit perfectly 50% 5m bearish FVG

nvm this is why i don't open my mouth

shot ast it

past

no trades from me anymore

[icy wraith]

Why are they pushing it so much, Powell boutta destroy it?

[plucky stag]

this is stop loss hunting

market will take liquididty

[oblique siren]

so market will dump

[icy wraith]

Yeah guessed so

[plucky stag]

it can easily go alll the way to 1970 before powell speaks

then dump all the way down

[oblique siren]

they would've been very close to stopping me out at 1966

[icy wraith]

We boutta ride that

[oblique siren]

nah i'm not touching it

not unless i find good and solid comfirmatio

n

[icy wraith]

But trading on News is fr gambling

[plucky stag]

yeah never trade news

you might get lucky sometimes but not always

[icy wraith]

I did and then lost it all

Since then i don’t trade News no more

[oblique siren]

i'll trade after the news if it bounces off key levels and such

[icy wraith]

Yeah thats what i was thinking too

[oblique siren]

but most likely not

think i've perm moved to eurusd for the future

[icy wraith]

10 min

[strong snow]

Get your lube ready everyone

Because we're about to get fucked

[oblique siren]

https://tenor.com/view/south-park-eric-cartman-wine-and-dine-fucked-gif-3433501

[strong snow]

😂😂😂😂

[icy wraith]

It aint started yet?

[oblique siren]

give him a few

[icy wraith]

this grandpa slow

[oblique siren]

don't diss the legendary JP

he's gonna find your stop loss now

[icy wraith]

😂

there we go

[eager lantern]

@worn hatch Brother, tried EURUSD as per your chart setup. Correct me if I am wrong

[icy wraith]

Anyone took any trades so far?

[acoustic sinew]

Just praying 😄

[green bluff]

waiting

[patent valley]

I like the look on EURHKD for a long on Daily. Some bullish daily candles and a Higher Low, fib cooperating and money flow, hype increasing. you got a choch+ and bos before that.

[icy wraith]

What is going on with gold, it keeps bouncing

@oblique siren EURUSD actually went up

[oblique siren]

yeah i wasnt paying attention

[small crane]

4h OB

[oblique siren]

been doing uni coursework

[patent valley]

seems like its an incoming drop on gold

[icy wraith]

i keep watching on gold 😂

[oblique siren]

i have TV closed

[green bluff]

15m candle close red

[plucky stag]

Did powel say anything important

i went outside driving xD

[oblique siren]

no

didnt say much at all

unsure why price is moving like it is

he was only on stage for 10 maybe 15 mins

[icy wraith]

its double bottom rn

[green bluff]

bearish BOS 15m TF

[icy wraith]

what a dip

1955 again

[oblique siren]

want to see how it reacts off of the 1952 OB

[ashen lintel]

Almost hit my limit

[green bluff]

I'm out

[ashen lintel]

1955 and 1950

I start to buy there

https://tenor.com/view/aemond-targaryen-bismillah-hotd-house-of-the-dragon-gif-26931941

[green bluff]

I think it can go to 1952

[icy wraith]

damn

[ashen lintel]

Are you random entry the size?

[oblique siren]

wait you been holding since this morning?

nope nvm

thats not live

[green bluff]

no it depends sometimes I want to divide my trade into several

0.10 was a mistake i wanted 0.25 so i added 0.15 more

[plucky stag]

I started a long at gold at 57.4

[ashen lintel]

1955 not hit yet

[plucky stag]

Yeah kinda risky trade

[ashen lintel]

Cmon 1955 1950 at least

Lol

[plucky stag]

I just want 10 pips

[green bluff]

it's really bearish rn

[plucky stag]

Or something

[oblique siren]

i'm staying out of that one

[icy wraith]

it dipped

1953

[plucky stag]

Yeah it was an out for me

[ashen lintel]

Hit my 1st limit

[worn hatch]

Next OB on 4h TF is at 1945-1942

[icy wraith]

what would you recommend

still not opening any positions?

Volatility is still very high

[worn hatch]

I was away from chart before Powell Speech .. just came on the chart now

[worn hatch]

Already made money before NY Session so didn't bother much after that

Plus I do not do News trade too

[oblique siren]

JP din't say much

[ashen lintel]

News done already isn’t it?

[icy wraith]

Yeah but gold did dip under 1951

[oblique siren]

but its reacted perfectly off of a 15m ob

[plucky stag]

GG

[zinc cedar]

This let me cry I was put tp1951 but because I want to go out so I close me just now it’s hit 1951 🫠🫠

[plucky stag]

I am legit done for the day now xD

[strong snow]

Woah 10pips away from sl

[icy wraith]

Gold long rn?

[plucky stag]

No

It was just a retracement trade

Well it could go higher

But has to break so many bearish fvgs

[worn hatch]

Gold 4H TF

Gold 1H TF

Gold 30m TF

Gold 15m TF

there is reversal soon

[icy wraith]

ive got a signal

that i should buy

[worn hatch]

You haven't traded yet ?

[icy wraith]

up reversal?

[icy wraith]

no

[worn hatch]

Put a trade now buy with 0.01

and layer them every 20 pips

[icy wraith]

thats too low, what am i gonna get from that, 1$

[worn hatch]

Do not be greedy .. learn how to trade or go back to babypips.com

or else sorry to say Trading is not meant for you 🤷🏻‍♂️

[icy wraith]

bro wtf i already know how to trade

[oblique siren]

This is Kings whole thing of upping your winrate, not your profits

by learning to up your winrate on smaller lot sizes

[plucky stag]

you need to be confident with your trading

[oblique siren]

you'll be able to use bigger lot sizes later to have a high win rate, high profit strategy

[icy wraith]

Yeah but this aint a strategy rn, i just got a signal to buy from a telegram group

and i asked for yalls opinion

[plucky stag]

Kekw

[oblique siren]

highly reccomend not using telegrams

personally

they don't work

did it a year ago

[icy wraith]

It aint some dumbass group

those won every previous trade on gold

[plucky stag]

then why are you asking us

[oblique siren]

i mean you do you

[icy wraith]

alr

[plucky stag]

if it is really good go for it

[tired ridge]

never made money with telegram signals

[oblique siren]

they buy low, then tell people to buy

to inflate their profits

then advertise it

more people, more money to pump up your own trade

[tired ridge]

or you go with their platform and they make money every time you trade

[icy wraith]

Nah im willing to learn it myself not to follow them

cause blind following is just dumb

[oblique siren]

then don't take the buy

[worn hatch]

Are you Stupid or are you acting one .... Telegram signal provider SL are 100 pips and their TP are 10 to 20 pips .. you wanna compare your capital vs theirs when they account remain for long vs you could blow your account within secs ... If you wanna be scammed Telegram is your bestfriend ... why waste money being in here thou when you yourself do not want to grow a penny 🤷🏻‍♂️

Your life .. Your world and Your penny 🙂

[icy wraith]

How can i blow up my account if i put low lot size and SL

its bs

[echo kiln]

First of all, we are trying to help all here.
Second, taking signals from a signal call group, is really not the way to learn, just an opinion...
#🧠core-lessons message

[worn hatch]

3 days and you haven't taken any trades yet Your problem not mine ... while we are here to push you to built confidence in Trading ...

[oblique siren]

even if they are losing ones you still learn

like me this morning

[icy wraith]

alr no problem, i aint gonna be listening to telegram then

[echo kiln]

Enough

Move on from here.

[tired ridge]

do we have to chat only abouth lux ?

[echo kiln]

Hows everyone's trading thus far this week?

[oblique siren]

i have a question about the matrix

wait

can you lot see that photo ok?

[echo kiln]

#📖server-guide message

[oblique siren]

i got forced dark mode on chrome so its messing with things

[echo kiln]

Respect everyone please...

That is all we ask...

#📖server-guide message

[oblique siren]

what's the difference between the arrow and the dot?

[icy wraith]

The worst of all is that signal was correct 😂

Hilarious

[small crane]

can we just move on

[oblique siren]

i know the arrow is a possible reversal i think but not sure what the dot means

[plucky stag]

Arrow is strong divergence and small dot is small divergence

[worn hatch]

@icy wraith Learn to read the chart while you learn from those LUX Indicators while they print everything front of instead you doing it manually and scribbling the whole chart .. Do not depend on anyone but Challenge yourself instead of comparing yourself with others and I am sorry for being rude to you earlier 🙂

[icy wraith]

Thats what i was saying i want to do, no problem mate all good

[echo kiln]

This may help:
https://docs.luxalgo.com/luxalgo-premium-indicators/oscillator-matrix/reversal-signals

[oblique siren]

cheers thank you Cartia and Micky

[forest sage]

To be honest @worn hatch your information you gave me has been helping me majorly I studied everything you gave me and I’m finally starting to trade properly.

I’m finally starting to understand price action and your scalping strategy has made everything much better for me.

This screenshot is a 50k challenge I started yesterday and I have major profit floating live now from US30 sell right now. Thanks a lot. I’m confident I will pass this challenge

[worn hatch]

Glad to hear that 🙂

[forest sage]

@worn hatch this is what is floating. I’m waiting for US30 to drop. Hopefully I can pass the challenge with just the profits from this US30 sell

[oblique siren]

damn i saw the balance right at the top and thought that was a trade sheeeeee

what's your profit target?

[worn hatch]

Lovely to hear that someone is learning 🥳

[forest sage]

Profit target 33600

[forest sage]

I’m taking it very serious.

[oblique siren]

W

[forest sage]

What you gave me actually helped a lot

[icy wraith]

Yeah hopefully imma be sending those screenshots too in the future

[worn hatch]

$4000 phase 1 .. I guess

$2500 phase 2

[forest sage]

5k only one phase. Knights challenge Funded Trader @worn hatch

[worn hatch]

ooh the 1 step challenge

[forest sage]

Yes brother

[worn hatch]

Good luck 🙂

[forest sage]

Thanks a lot. When I pass the challenge I will post the certificate here @worn hatch

[tired ridge]

just an ideea to scalp gold

[forest sage]

The price action system works. Just learn it and apply the info the guys are supplying you with

[icy wraith]

seems like i cant understand it very well, but im trying

[forest sage]

It’s actually not too complicated if your very serious to learn it. I believe price action is the greatest strategy for all timeframes and Lux Pro Tech just made it so much easier

[forest sage]

Are you in on the US30 Trade this has been dropping heavy

[oblique siren]

nah man, just focusing on the EURUSD for now

back to basics to learn without as much risk as gold

[worn hatch]

US30 are for Professional Trader ,.. Newbie will get rekt in a short period of time 🤣

small move makes huge profits and loss too

[forest sage]

Yes make sense nothing wrong with that

[worn hatch]

I do trade US30 and NAS100

but more into Gold

[forest sage]

It’s True US30 can cause major damage to the soul if someone doesn’t know what they are up against

[forest sage]

Yeah more predictable

@worn hatch what trades are you in now?

[worn hatch]

Easy to understand if focus on one pair

[worn hatch]

Zero for now already made profits before US opening

https://discordapp.com/channels/641770286638694402/820503524210507786/1171737921292873728

[ashen lintel]

Hit of us30 is big bro be careful

Loss in a sec or rich in a sec 😅

[worn hatch]

hahahahah

[ashen lintel]

Even gold with 0.1 is big already

[plucky stag]

my coworker is a suicide us30 trader. He goes all in either triples his account or losses it all

[worn hatch]

Damn

[ashen lintel]

If entry correct dorection will jackpot

Try to use demo in mt

Entry randomly 10 lot

If direction correct

1 million usd in a minute lol

[forest sage]

Your like a robot with your scalping how do you place so many trades in such a short period haha

[oblique siren]

isnt that just WSB?

[plucky stag]

he had a 10k account last week went big on us 30 his account went all way to 1k then recovered to 18k at the end

[worn hatch]

I know the trend is bearish on 4h and 1H TF beginning of the trade so when I come down to LTF between 1m to 15m I only look for shorts only and layer them

[ashen lintel]

Gambling life

Like cz Binance

[forest sage]

It’s not bad with this system. I just place my stoploss to the top of the orderblock and don’t trade unless it’s 20% or over and my risk to reward is 1 to 2. Sometimes 1 to 3

[ashen lintel]

Lucky btc up, resign from mcd

Build binance 😄

[forest sage]

Ah I’m saving this and will apply it Thankyou

[forest sage]

And this makes sense now

[worn hatch]

I should tell LUX team to charge you ppl for stealing my strategy 🤣

[oblique siren]

Stealing? actually its just permanently borrowing

[plucky stag]

Is it stealing if you gave it away for free 🤔

[oblique siren]

its free if you can run fast enough

[junior aurora]

almost recover my loss sitation with eur/usd, let's print some money now gosh!

[forest sage]

We are applying it and The Most High will bless you. For allowing us to feed and support our families. Salute to you 🫡

[small crane]

What do you do if 1h and 4h TF are not the same trend?

[plucky stag]

but tbh it is all about execution. king's strategy works well for him cuz he can manage it well. You can know the road but to walk the walk it is hard

it is not easy seeing big floating minus numbers xD

you need to be able handle it mentally and have back up plans in case price goes against you

one thing i learned from him is to be a win rate simp

I used to close one or two trades at very small loss if i had many other winners but now i will make sure no losers xD

[worn hatch]

Joking bro

[worn hatch]

I will wait when all things align

[small crane]

I see

[forest wing]

What times do you guys trade

[oblique siren]

London open to NY close usually

[brazen plaza]

@plucky stag is your long went on SL

[plucky stag]

?

[brazen plaza]

I thought you had a gold long entry?

[plucky stag]

yeah i closed that ages ago

was nice reversal trade

Gold is forming somewhat a double bottom but needs confirmation

i am done for the day tho will look into it tomorrow

[balmy radish]

@worn hatch Do you mind showing an example of a trade were you are confident in direction and how you "layer" the trade. Thanks in advance for all your input and assistance it is most appreciated

[echo kiln]

https://youtube.com/live/ZnYE8nzuNVc?feature=share

[oblique siren]

possible double bottom 15m<

?

[plucky stag]

if you look 1 hr

It needs time to cook

i will see if tomorrow it bounces from this

If the 50s dont hold we can see 30s next

i think the people might be expecting a ceasefire soon so gold can keep dropping at this rate

[worn hatch]

Example of Multiple Layering in MT5

#💱forex-chat message

[worn hatch]

Hey there sorry seeing your message now .. Apologies .. Didn't get your question ? and where have you been ?

[oblique siren]

possible grab and hold 15m timeframe xauu?

[small crane]

I think he meant to ask you if that the strategy that you've been using is written somewhere

tbh, I tried to find position for scalping via back test with 15m TF, it's always miss the good spot

Need to go back to 1 or 3m to be precise

And then Oscillator of those time frame are conflicting

[worn hatch]

This was the 4h TF chart in Gold where in we were near the support OB while we had already tested this level yesterday but it didn't break at 1959 and flew up and kissing the OB and I knew that I today trades are sell based on Matrix Osci turning Green Hyperwave with Red Vols filling while on 1H TF we are at the resistance of Neo cloud while is a sell trade considering the 4h TF chart and that is when I knew we are on a sell trade while going on LTF I will look for sells only

[worn hatch]

Let me club all in one and post it soon

They are all bits and pieces everywhere in here and #💬hangout

[small crane]

Gold slowly creeping down

[balmy radish]

Thank you @worn hatch - I was also asking how you utilize layering as opposed to SL

one document would be huge to study and revert back

[worn hatch]

None of my trades are SL but more of BE+ while todays trades was max lot used and I pull off too fast while less than 2 mins it fell down more or today I would have almost $5K+ in profits

This week I am already up $7.9K in profits which means in 5 days I could make $10K+ in profits or $40K+ per month

[worn hatch]

Would be clubbing them soon thou .. Alot of Traders in here wants to learn the strategy and in my DM's too 🙂

[turbid heath]

Nice bro I'm glad you are doing well!

[worn hatch]

Gold 4h TF .. Support OB at 1945-42 + Bearish FVG currently

The current FVG on 4h TF was previous a support OB which has been broken and now that if the price comes back it would only touch the FVG fly back down

[icy wraith]

thats crazy, 40k a month that easy

but with a lot of experience previously

[worn hatch]

Set a daily Target and once achieved shut system, walk away and come next day

[icy wraith]

for me that would even be 30-50$

to not get greedy

and then lose all

[worn hatch]

The more you overtrade, the more you would loose and spoil your mental psychological in Trading

[icy wraith]

exactly

[icy wraith]

What do you think about gold rn

[worn hatch]

Here

[icy wraith]

from which time do you usually trade in the morning, i see you around 8am my time?

im GMT +1

[worn hatch]

Where are you based ?

[icy wraith]

serbia

[worn hatch]

Sometime I achieve my daily target before UK session or sometime 15m after UK opening and once achieved I close and walk away from MT5 and chat in here and help others in chart analysis thingy

Self discipline is a must 💪

[worldly python]

you are a genius KING.

[icy wraith]

yeah from tommorow imma be waking up earlier to make sure to try and follow your trades

[worn hatch]

Okay your 2 hours behind me

[icy wraith]

wait where you from, somewhere in asia?

[worn hatch]

In the Middle East, Kuwait

Indian by ppt but born and brought up here

[icy wraith]

Yeah i thought it was some where in the middle east, yall have an expensive currency tho 😂

[worn hatch]

Thank you with zero Tax

Petrol is cheaper than water 🤣🤣

Free electricity and water too

@icy wraith what is your account size ?

[icy wraith]

daaaaaaamn