💱forex-chat

[noble crag]

Are these based of forecast & predictions based off price action and where it’s gonna move ?

[dreamy narwhal]

Hi there, these are based on elements found in Signals & Overlays, more info here: https://docs.luxalgo.com/docs/luxalgo-toolkits/signals-overlays/signals

[noble crag]

So I am seeing same signals that I see on TradingView ? 💀

[dreamy narwhal]

It's a summary of multiple assets/timeframes of the information you can get from Lux Premium indicators.

[worn hatch]

Indeed yes .. Look at the image and see it yourself for DXY chart and Screener follows the same vs chart and screener for Gold

[sterile oracle]

ah ha divergence short.. on 5m...

[worn hatch]

Bullish Incoming in the Matrix Osci

Highlighted in the circle

[glass solar]

@worn hatch

@echo kiln

[worn hatch]

Shoot your problem

[glass solar]

i ping for spammer

not bad

[sterile oracle]

what level bullish? does that trump the divergence?

[sterile oracle]

These are oddly conflicting, I agree OCI is showing a bull incoming, (i dont know what size) at the same time its showing clear bearish on chart and reversal...?

[worn hatch]

For scalping on LTF like 5m and below shows bullish but HTF 15m and above is bearish

[blissful leaf]

@echo kiln's doing an early live-stream right now https://discord.com/channels/641770286638694402/1178430832151638077

[sterile oracle]

you were right on the bull, but I am not far away from the short,, it only had until about 2030 left in it.

[worn hatch]

Matrix Osci on 15m TF is still bullish heading towards the Equilibrium

[sterile oracle]

so on that basis you would consider shorting at 2032? as it would take news at 1.30 to break that?

i.e GBP

GDP*

[worn hatch]

Wait until the news .. trade 5m after the news

[noble crag]

GOLD is gonna short hard this time 💀

[sterile oracle]

Have you seen inside the magic red box or folder thing? what if Biden has gone wondering into the forest with it?

I heard that the US have been mainly doing netflix and chill this qtr....

I will switch the volume up on bloomberg...

sometimes noise on other companies gives a feeling..... I personally thing until the intererst rates in 2 weeks are dealt with, DX will be pos and XAU under pressure.

but also, I am normally wrong / right.

we are going to see one of of those market open crazy candels, make sure you SL is not too tight...

[noble crag]

https://tenor.com/view/sniper-scope-waiting-sniper-rifle-target-gif-15779198

The snipe I took on USD/CAD 🤤

[sterile oracle]

good but that is pre news.

[worn hatch]

We got enough rooms for DXY to 105

[sterile oracle]

how did you add the DXY on to the chart may I ask?

That shows it elegantly..

[worn hatch]

just search for DXY and the candles would show

[worn hatch]

Do you mean background print ?

Chart Setting >> Canvas >> under Chart Basic >> check mark watermark

@sterile oracle

[sterile oracle]

yes you have two lines for DXY one going up and the other down one in light green and the other light red

[noble crag]

They are either trendlines turned on or they are trend tracer lines 👍🏻

[sterile oracle]

errrr

better...

[worn hatch]

Seems that you colored the watermark

[sterile oracle]

i put orange...

ok let me turn to default

i stuck a DXY in there to see cross overs..

its following at the moment

it does show a short to come subject to news...

if the increase surpasses DXY..

[sacred cobalt]

good short for Gold if it does

[proper peak]

As per strategy Gold crossed 2030. Good profit

Now I exit waiting for news

[worn hatch]

4 mins to news

[sterile oracle]

my short failed btw..

I was wrong there. I will follow the news now...

[worn hatch]

Told you to wait

[sterile oracle]

L)

🙂

you were right

[worn hatch]

Mix news

Bearish for DXY

[sterile oracle]

back to patterns...

[noble crag]

News didn’t had much impact 🤷🏼‍♂️

[worn hatch]

Mix news

[sterile oracle]

looks like my SL was too tight and we end up consolidating..

cycle

I am selling gold again.

just annoying

SL too tight.

[plucky stag]

i already said this morning if we are not breaking 2025 we go higher.

[worn hatch]

wait .. do not play with emotion

shut system and walk away

come back tomorrow

[sterile oracle]

no emotion.. I accept it... now I start again.. and eventually I will recover loss.

[worn hatch]

Gold is bullish .. screener

[sterile oracle]

This is my range 2033.4-2037.9 for layering....

Sl :2039.6

Tp1 :2031.6
Tp2 :2029

interesting...

[plucky stag]

I got into euro buy

It is easier to read

[sterile oracle]

let me look at euro.

looks night... I will jump in to TP at 1.0843

SL 1.077

[plucky stag]

Ye that sounds fine

[sterile oracle]

buy eurusd tp 1.8065 sl 1.07636

gone with it

XAU... is bullish.. soo...

[trim crystal]

If I am sure about the direction based on Fibs, I don't even use stop losses, stop losses are not always a good thing 😄

[plucky stag]

Yeah i dont put sl on the broker

[echo kiln]

BOOM !!!!!!!!

[plucky stag]

i exit manually if we it closes below my sl

A wick doesnt count

[sterile oracle]

buy XAUUSD tp 2040 SL 2020

[trim crystal]

They just hunt stop losses, and if I am not really sure about my trade, I just don't

[sterile oracle]

hmmm then if I dont have a SL... I have to make a dynamic decision..

if I did this on XAU, I would be even deeper by now?

[worn hatch]

thatz 140 pips SL .. Hope you not doing swing trade

[sterile oracle]

I went to the last mega LL

[trim crystal]

Yeah, I am not advising not using SL tho, just my two cents

[plucky stag]

it depends on your trade management if i dont like the trade i just exit

i never take full sl most trades

[sterile oracle]

ok let my fictional 140 SL stay, just incase I get assasinated.

I will just watch and quit when I dont like the optics

[worn hatch]

You are currently trading with emotion .. sit back and observe the chart for 15m only

[noble crag]

Bro is straight up gambling 🎰

[sterile oracle]

I will take this on board..

[trim crystal]

That SL is huge tho, I am sure the price won't be going 2020 so it is fine but that SL is like a BUS

[sterile oracle]

changed SL to 40 pips

looking to 2038 TP

[worn hatch]

50 seems better

[noble crag]

💀

@worn hatch What TF is best for a scalper ? 5M or 15M ?

[worn hatch]

layer them while the 50 pips remains the same price

[worn hatch]

both even 3m TF too

[sterile oracle]

adjusted

[noble crag]

3M seems like for pros 😂 I don’t know which setting to go with on PAC & SO

Any recommendations for scalping settings ? I don’t like the presets of scalpers but I rather keep it on default but on 5M chart price doesn’t seem to respect FVGs and doesn’t trace back down or up 😐

[worn hatch]

Play with the setting that suit your needs

[sterile oracle]

agree on the 15m... this is much calmer, I will drop to 5m only when layering.. i enter only with 15m...

to recoup losses, I will need about 4 trading cycles... on ranging...

margin pct is over 5000 pct... so I have scope for rest of book

[worn hatch]

What lot size do you use ?

[sterile oracle]

1.0 lots on 100k book at 500x

[worn hatch]

use 2.5 x 2 layering for 20 pips to recover the loss

search where can you find your 20 pips

[sterile oracle]

great thinking..

I will look at the pairs..

[minor venture]

Bitcoin went to 60k

And you guys still crying why gold couldn't go 2200

[worn hatch]

Scalper .. See money and take money

[minor venture]

IMAO

[worn hatch]

Are you dumb or behaving Dumb ?

[trim crystal]

Who is crying 😄

[sterile oracle]

well thanks.

[trim crystal]

Anyone buying spot gold right now?

[sterile oracle]

i am long on it but very tight..

[minor venture]

Lol 😆

[sterile oracle]

eurusd is working well

[minor venture]

Nvm

[minor venture]

M sir Bitcoin is 60k sir

[sterile oracle]

I hold BTC i dont trade it.

[minor venture]

Good sir ☺️

[sterile oracle]

if you want to trade BTC or discuss it, maybe there is a good section on crypto-chat?

[worn hatch]

Kindly take your BTC in here #🚀crypto-chat

[echo kiln]

Will the dollar break through and head higher?

🤷🏻‍♂️

[minor venture]

Dollar is gone sir

Only Bitcoin and Gold

[worn hatch]

News was negative for DXY @echo kiln being mix news

[noble crag]

Bitcoin gonna collapse soon ✅

[minor venture]

Did you take the wrong Viagra

[sterile oracle]

I am off to hunt my 20 pips.. speak in a bit

[minor venture]

Aren't you guys trading EURUS ?

[noble crag]

Ask me same question during halving buddy ✅

[minor venture]

Ok sir

[worn hatch]

$ still got rooms to play around 🙂

[hearty moth]

It’s a great time to invest

[minor venture]

@worn hatch he will answer you as well

[worn hatch]

Kindly stop annoying

[minor venture]

What was the news

[minor venture]

Okk sir

[sterile oracle]

btw you are part of the reason I left for a bit to hunt my 20 pips. Kindly consider your messages calmly.

[minor venture]

Focus on the goals 😜

[proper peak]

Gold short will be done after 2029 after crossing premium in 15 minutes

[noble crag]

Gonna short gold soon ✅

[plucky stag]

I hope you took the eu trade ez 15 pips

[noble crag]

4H is my last hope to short gold for a big 1:4 trade ✅

[worn hatch]

2045-48

[plucky stag]

I waited over a week for that

[noble crag]

Won’t hit 2045 ✅ 2038 is my short entry

[worn hatch]

1h more for a new 4H candle on Gold

[noble crag]

The new 4H is my new short entry ✅

[worn hatch]

There is already a divergence on 4h TF candle being bullish

[noble crag]

OB is gonna give me what I need on 4H or else it mitigates that OB and hits my SL

doesn’t look like that kind of volume is there to mitigate that OB

[proper peak]

Wait for 39 or 40

[noble crag]

Naah man I waited whole week to short gold 😂 ain’t no way gold is gonna survive, boys are with me ✅

[plucky stag]

well i waited anf it never hit 45

I focused mainly on euro for forex

[noble crag]

Reddit Boys are with me 😢 gonna do a short squeeze on gold

Let’s go boys move that 4H ✅ to bottom on the sea 🌊

[plucky stag]

gold was doing jack shit all week while euro is having good moves

This week was mainly crypto and euro for me rest was boring

[noble crag]

EU showed some amazing momentum while gold was choppy af

[granite goblet]

Any idea how to avoid these short - term noise ?

[worn hatch]

What do you mean ?

[granite goblet]

in the above image , please see the highlighted one, though it shows storng buy it doesnt lasr for one cancle

[sterile oracle]

I will simply follow these alerts to make me pay attention on 15m... I will look to 5m to layer. and not hunt... lazy way to make the profits.. obviously when news comes, run to the sea...

[granite goblet]

@sterile oracle thanks, what indicators you used in the chart, could you please suggest me the settings

[worn hatch]

The Matrix Osci has already printed as sell while the candle is already near the Overbrought area on 15m TF .. what does the HTF tells you on the same Candle?

[granite goblet]

@worn hatch - Matrix Osci will not show as Sell immediately (hope you are referinh to red bottom line in second graph. i Got the sell trend in Matrix Osci only after i made a buy

[noble crag]

Because indicator are lagging indicator they print after price action has moved or broken a trend pattern

[granite goblet]

thanks, what indicators you used in the chart, could you please suggest me the settings? Also you go for Buy when it hit LL and Sell when it hit HH?

@sterile oracle - Can you please suggest 👆

[noble crag]

If you are following signals based of just AI strength then good look trading because sometimes signals do take into account volume at a certain time which also boosts the strength of the signals their might be institutional BUY order due to which signals said a 3 BUY but later market followed the price action and dropped

[granite goblet]

thanks for the insights, how to avoid those noise? What setting i have to change?

[noble crag]

Increase signal sensitivity and play around with it

[granite goblet]

Shall i increase it to 20?

[worn hatch]

Play with the settings and see if it suit your needs

[noble crag]

Higher the sensitivity, lesser the noise and stronger long term signals + make sure your MTF scanner followed that pattern too

[granite goblet]

Increasing the signal sensitivity also doesnt work

[granite goblet]

I have turned-off the auto-pilot and increased the sensitivity from 20 to 22, worked somehow. could you please suggest

[noble crag]

Looks much better than before

What TF you mostly trade ?

[granite goblet]

I always target for 20 - 30 Pips, because most of the times i never see the TF is hit

[granite goblet]

I always target for 20 - 30 Pips, because most of the times i never see the TF is hit. If i decide to go with TP level, i will always target for lesser that first TP mentioned in the chart(may be 10 pips less)

[noble crag]

Time Frame you use to trade ?

[granite goblet]

i am trading with 30m timeframe all these days, still struggling to find the good timeframe without noise

[noble crag]

Use 1H for Bias and execute on 15M, 15M is best with less noise you can also use 15M to 5M for scalping 15-20pips that works too if you don’t like to hold positions longer

[proper peak]

👍

[green bluff]

5min before sb session

[granite goblet]

ok thanks, if i wish to stay long which timeframe will be good ? any other indicator (or) signal recommendation that will reduce the noise

[noble crag]

Lesser indicators on screen what I try to do so I can actually focus on price action ✅ rest everybody has different trading styles

[echo kiln]

FINALLLLLLLY
This one TOOK FOREVER !!!!
1 Month trade
OMG !!!!!!!!!!!!!!!!!

Only a half lot

This was suppose to be the last trade I did on Oanda, before to switch to Forex.com completely

[green bluff]

Well done!!!! 1 month 😮 😮

[echo kiln]

NUTS !!!!!!!!!!!

Never broke outside my framed trade

[rough jungle]

1 month?! how do you have the patience for that haha

[echo kiln]

Half a lot

hahahahahaha

Would had been nice if full lot

LOLLLL

[rough jungle]

im inpatient on the 5 min timeframe regardless of what lot i use 🤣 id be sleeping 1 hour a night if i was holding a trade for a month

waking up every hour to check because im curious

[echo kiln]

I still did this

[rough jungle]

HAHA

[echo kiln]

on this one, i was in the green all the time, well most of the time, frustrating, but still green

[rapid zodiac]

Hello everyone
Crazy

[echo kiln]

welcome!

[echo kiln]

Painful $900

[rapid zodiac]

Thank you

[rough jungle]

profit is profit though right

[echo kiln]

Yup 👍

[rough jungle]

i need to start trading more pairs other than AJ, bored on days like today when it just drops and doesnt provide any market structure 🤔

[rapid zodiac]

Any NFT tips for me here?

I'm a digital artist

[elder beacon]

Dumb question, gold and usd negatively correlated so does that mean when usd goes down gold goes up? 😭

It's so confusing to me

[sterile oracle]

Well USD has the impact you state on XAU, However, every country trades against XAU indirectly. When china is struggling they buy more gold. Also When Nato attempts invasions Gold tends to go up. or when stocks drop etc. XAU goes up.. thats what makes XAU volatile.

[plucky stag]

Euro was a great trade after news

Got 25 pips total

[glass solar]

i managed to get around 20 pips aswel

[plucky stag]

ima just close my thing and comeback tomorrow

[glass solar]

same

[plucky stag]

You enjoyed the swap fees?

great trade

my broker is swap free so i can hold trades forver if i want

[glass solar]

bro shared 50% profit with broker 😂😂

[echo kiln]

Just jump on the train.
either you get punched in the face, or your riding the wave

[echo kiln]

LOL, the overnight finance fees are ok, nothing too bad

These swings normally last a few days to max a week

this one was unusual

LOLLLLLLLLLL

[plucky stag]

yeah 1 month is like an investment at this point

[echo kiln]

The key for me, on this one, was, I needed a WIN

And got it

Mindset

Just validates my framed structure play

[plucky stag]

bro i used to have this mentality when i started trading stocks..i never sell at a loss no matter how long i wait i only close at a win and it worked so well until we had a real bear market

I was a swing trader back then

Thing is with stocks you atleast can read on fundementals and finiancials. Forex and crypto is pretty alien in this regard you never know when news can fk you up

I only knew powell existed during inflation when biden took over

never heard of his name for years when i was trading

[noble crag]

I never swing just coz the above mentioned, either I ain’t sleeping whole night or I have alerts every 15M for every HH or LL created for that whole 1 month 😂 I might just give up like yeah here take my 400$ and leave me alone I am gonna make that 400$ tomorrow on XAU anyways 💀

Can anyone explain or guide me to a video about difference between trend tracer & trend catcher ? I am trying to create a new strategy just for my scalper buddies 😂

[worn hatch]

#📈must-watch

[rough jungle]

You can check out the documents here for a better understanding: https://docs.luxalgo.com/docs/luxalgo-toolkits/signals-overlays/indicator-overlay

The Trend Tracer is a trend-following algorithm that aims to estimate the underlying trend in the price. When the indicator indicates an uptrend its color will be green, while red in the case of a downtrend.

The Trend Catcher is a similar algorithm to the previous Trend Tracer, however, it aims to detect very early trends, and is thus more reactive.
Like with the Trend Tracer, the color of the indicator determines the detected trend.

[noble crag]

Really love the customization Lux has to offer with PAC & SO like their is so much to tweak and play with 😂

[rough jungle]

Glad you're liking the customisation of the LuxAlgo indicators buddy 👍🏽 It can keep you entertained for hours; certainly is the case with me haha

[glass solar]

nickk wszup

[noble crag]

Nm man 😂 I blew one of my accounts with NAS100

Working on the other 2 one is down 8% and other is up 6%

Reducing my risk now not going 10 lots anymore 😂

[blissful leaf]

BTC above 60k, we also get part 2 of the community stream, with @echo kiln what a day! https://discord.com/channels/641770286638694402/1178430832151638077

[elder beacon]

The new free indicator is honestly so good with keltner bands/channel (whatever its called)

It really helps filter out false signals with bollinger bands and stuff like selling when it touches top band

[tame crystal]

Hi guys. Anyone use this strategy?
https://m.youtube.com/watch?v=Y4Clz3M5Qq4&t=2s

[iron temple]

@tame crystal has earned the Lux Level 1 role!

joker906724 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

[glass solar]

bros doing the news strat

1 acc long 1 acc short 😂😂😂

[noble crag]

😂

[glass solar]

i finnaly found an edge

got rid of analysis paralysis

[noble crag]

nah man tryna play around with different settings until I find a edge

[glass solar]

do my trades in 10m and im out

[noble crag]

What strategy do you use ? You scalp or daytrade

[glass solar]

big thanks to this G @worn hatch

scalp

[noble crag]

Ohh so you use kingfisher strategy ?

[glass solar]

i use my strat

[noble crag]

What is it ?

[glass solar]

well it is similar maybe

but idk how he uses his

[noble crag]

😂

[glass solar]

i basically just scalp with priceaction

[noble crag]

Like ?

[glass solar]

around key levels

[worn hatch]

Secrets are always kept secrets 🤣🤣🤣

[glass solar]

hahaha

i was legit

in discord for hours just listening and reading what fisher used to say

and practiced

until i finnaly found my strat

[noble crag]

The problem with mine is price never respect FVGs formed on 5M chart and I mostly scalp on 5M

[glass solar]

oh man i use 1m xD

anyways boys i got to go gym

[noble crag]

💀 too volatile for me to trade

[glass solar]

gold_

?

[noble crag]

I open 10 lots so if it ticks 10 points it’s 100$ in a sec 😂

[glass solar]

bro whatt

i just make srue

risk managment is on point

and 20 pips and im out

[noble crag]

20 pips is like 10 points on gold right now?

[worn hatch]

10 points = 10 pips ?

[glass solar]

2030-2032 = 20 pips

[noble crag]

Naah that’s 200 pips 🤣

[glass solar]

xD

alr

[noble crag]

Commodities work different than pairs

😂

[glass solar]

cya boys !!!

fisher send us some good profits man xD

[noble crag]

cya Rambo ✅

Fisher gonna help me man 😂

[elder beacon]

Me with 0.02 lot size

10 lots is crazy

[noble crag]

You haven’t seen real boys then 😂

[worn hatch]

Sending is not an issue .. ppl keep asking for strategies and stuff and stopped sharing .. got tons of them in my DM to be accepted

[noble crag]

😂

[glass solar]

i feel u

i legit started getting that also xD

[worn hatch]

Since I stopped .. DM stopped too 🤣🤣🤣

[noble crag]

@worn hatch what’s your strategy though you scalp too right ? Help me man

[worn hatch]

Scalping 20 pips in Gold taught by @echo kiln

[noble crag]

💀

[worn hatch]

Watch his earlier post in here https://discord.com/channels/641770286638694402/1199356285813006367

[noble crag]

Is that strategy in #1128499789437354106

[worn hatch]

Watch the earlier ones before he went to swing mode .. earlier he was a pure scalper

[noble crag]

😂

Like how old ? There’s Tons of them 😂

[worn hatch]

Look at the HTF such as 4H and 1H TF for trend bias to be traded on LTF so if HTF is bullish all you would look for is buy trades on any LTF and vice versa

[worn hatch]

Start from the 1st one from the bottom

[keen heath]

i think this is micky and kingfisher's strategy @echo kiln @worn hatch

[noble crag]

😂

https://tenor.com/view/scalper-no-scalping-gif-19837250

😂

[elder beacon]

https://tenor.com/view/found-love-gif-21039553

😭

No embedded perms

I was gonna make a joke about fisher

[noble crag]

😂

I am scalper too but market tends to hit me hard af especially 4H candle that 💩 turns around too quick and boom 💥

Reversals are what bottlenecks my strategy, even reversal zone ain’t helping with that 🤔 in a middle of upward trend price just make a u turn out of no where 😂

https://tenor.com/view/nevermind-gotta-go-turning-around-see-you-later-gif-10491450

[tame crystal]

??

[sterile oracle]

I have replaced the losses... I learn now, trade and tread carefully.. patience.. daniel son...

xau is either nice or like putting hot honey and salt on sensitive bits 🙂

[elder beacon]

Wtf is that analogy 😭😭

How do u know what that's like

[echo kiln]

Dollar realllllly wants to bust up

🤷🏻‍♂️

[plucky stag]

yes. I said it this morning I am bullish on dxy for next two weeks.it doesnt mean i wont daytrade short term against it but thats still the big picture for me

[echo kiln]

Im with you!!!!

[echo kiln]

Not sure if this is going to hold

🤷🏻‍♂️

Painful to say the least

All my swings this year in 2024 are painful, every single one of them !!!!

Irritated

LOL

[noble crag]

Hey @echo kiln any past videos for scalping strategies you explained on community streams ? Can you share me the link 🔗 to that really into learning more strategies especially for scalpers

[noble crag]

Doesn’t look like it’s gonna hold, tomorrow news might push it a little 🗞️

[echo kiln]

I do discuss in some streams, in detail, on my scalp templates.

You are referring to a Signals and Overlays scalp?

I pretty much use Neo Cloud setting 1, and candle color simple

EU still in a 4H bearish structure, so maybe a quick 15m short scalp

🤷🏻‍♂️

I know nuthin'

[plucky stag]

i finished my scalp like an hour ago

was bored and saw an opportunity it did take a bit for it to just give me like 10 pips xD

[echo kiln]

Nice1

nice!

[prime garnet]

is smart money indicator accurate?

[noble crag]

Yes ✅ it lays out all of the SMC concepts and being an SMC trader it helps me identify liquidity 💲💲💲 😆

[prime garnet]

@noble crag how long been trading in ict?

[elder beacon]

Trade I took with the new free indicator lux released

[noble crag]

Almost 2 years as an ICT Trader & 1 Year since Trap Trader 🪤 learning more core concepts of acts of manipulation 💎 in the market ✅

[elder beacon]

Me with my tiny account

[noble crag]

Hazel you swing trade or day trade ? Did you use SMC indicator by Lux ?

[elder beacon]

Day trade

#🆓free-indicators message

I just used that one

[noble crag]

Say no access ? 🤔

[elder beacon]

You might not see it cause you have premium

[prime garnet]

nice nice, im still on month 1 2016, i understand most stuff but some stuff is confusing

i have demo account

[noble crag]

Yes it does become confusing but the goal is to keep it simple ✅

[prime garnet]

yes, i already know discount, smart money algo, premium markets, consolidation, retracements, expanison, reversal

[noble crag]

Best Tip I can give through my journey -> Price doesn’t know what’s the time & Time doesn’t know what’s the price 💎

[noble crag]

You are learning from official ICT or YouTube ?

[prime garnet]

right now i have found out that EuroUSD is on a consolidation, it will expand since its on the equlibream smc is buying orders and keeping it up, further more we got a Equal high which menas that it is still buliding order and a sign of a bullish

[prime garnet]

you see, i dont like wasting my time, he talks alot of stuff people dont understand

so im grasping the basics then only trade trade trade and learn

but if you got any tips leave it to me 😉

[noble crag]

He always talks in a confusing manner but once you put his words to practice you make the difference, all other things like RSI, MACD, Bollinger Bands seems to be 💩 once you become an SMC trader and all you look for is Liquidity, Reversals, Liquidity Grabs, EQHs, CHoCH & BOS,

[prime garnet]

all i know is smc sell at premium, buy at discount thats where i make my buys and sells or sells or buys, or Orderblocks if the indicator spots them for short profits

[noble crag]

FVGs & Manipulation phase is where it forced me to learn trap trading since the move after hitting FVG is always manipulative and to master the direction of price action you need to learn trap trading 🪤

[prime garnet]

but ICT is overtalking

you can learn ICT in a week or 2

not fucking 9 months LOL

[noble crag]

Many people think ICT is bull 💩 😂 and they just follow the normal path of following MVA & EMAs

[prime garnet]

thats shit, ict is really legit

[noble crag]

Practice is what makes you perfect especially doing and working on same strategy every single day

[proven nacelle]

Say for me no access to although am ultimate member? Whom can I ask for?

[elder beacon]

Idk why it's showing up no access for premium members

[noble crag]

I don’t know 🤷🏼‍♂️ I am premium but says No Access for me too 😂

[prime garnet]

say nick

why dont i add you to my discord, we help each other

[elder beacon]

Bruh it didn't copy the whole link

Just search this on trading view

[noble crag]

IFVGs ? Is it that indicator Hazel ?

[proven nacelle]

Even for ultimate members no access 🧐

[elder beacon]

Yeah idk why

It's the free indicators channel

[noble crag]

Ohh okay

[noble crag]

Smaller version of PAC indicator

[prime garnet]

@noble crag i dont understand, can you please explain to me why price always retraces or expands back to orderblocks then retraces or reverses?

[noble crag]

Ohh that

So the thing is traders often pay attention to these order blocks as they can act as support or resistance levels in the future. For instance, if the price retraces back to the order block level, it may attract buyers who missed the initial move, leading to a bounce or a reversal in price ✅ just like how FVGs work since they are the areas where huge Volume Orders are placed by Hedges Funds, Banks, Institutions etc

[prime garnet]

yeah, and we can see that with the indicator making my life so much easier making a almost like a trendline but accurate support and resistance

[noble crag]

That’s not it

Here wait

[iron temple]

@noble crag has earned the Lux Level Legend role!

_nickatnyte_ just levelled up! 🔥🥇🚀

You’ve made it to the top. Congratulations, we are super thankful to have you a part of the LuxAlgo community. <3 You are now qualified to receive the LuxAlgo Pro role which includes many perks. Keep it up & an admin may reach out!

[noble crag]

They show volume of order block too and if price mitigates that OB you can predict where is price gonna retrace ✅

[prime garnet]

but i thought the goal of sm banks is to reach premium level so that they can sell out what they have left, i thought they will always try to surpass higher highs, but OB we can think of the resistance as its slowly going up and what we think SM will do next with their large buyers?

[noble crag]

Those bottom OB holds huge sell orders which means selling pressure is too much which indicates markets gonna look for LIQUIDITY of Buyers so price is gonna move in upward direction ✅ that’s manipulation and once it hits SLs of buyers who places LONGs it’s gonna mitigate back to OB and make it invalid and continue the trend ✅

[prime garnet]

can you think of it like that? @noble crag

[noble crag]

So OB holds orders of SM banks since their isn’t enough liquidity in the market to transact those huge orders, banks push the price lower off the OB, that’s manipulation, and when retail traders places short/long trades in that manipulation that is where a strong pullback occurs in the market which is liquidity grab ! And price retraces back to Banks orders and the transaction is fullfilled which is mitigation of an OB ✅

Here’s one of my reference from a server group ✅

M & D phase is the time phase & price doesn’t know what’s the time & time doesn’t know what the price 💎 and that is where the session sweeps 🧹 occurs ✅ Micky has created a strategy based on that concept and I have back tested it and works perfectly unless there is a news or you yourself get trapped 😂

Asia session are usually consolidating and if you can catch a move it’s probably the silver bullet of London opening or a news trend 🗞️ Silver Bullet usually though doesn’t require a bias but it doesn’t occur every single day as per my knowledge of last 6 months ✅

London session I aim for London Killzone & Liquidity Grab great

NY session - I don’t need to explain that is where the fun part is 😂 you either get a good bias or you just force trades by not following one of your trading rules ✅ but you still make it ✅

[prime garnet]

ah

@noble crag so orderblocks fulfil these orders in case they didnt completly buy in the discount market, but it will take more time for them to climb up

[noble crag]

That is where institutional orders are at ✅ those institutions are that ones who create that manipulation since you cannot beat them concept says to join them ✅ hence trade the trap 🪤

[prime garnet]

ah

thats why the indicator said

weak low, it meant that smc did not buy in the 0.75 range or higher, rather existed it fast

[noble crag]

✅ that’s rejection once price rejects that weak low it’s becomes strong and vice versa

[prime garnet]

someone told me before, smc does not have to trade all the time, they can take time

[noble crag]

Once a HH is mitigated it’s either a liquidity grab or you are trapped 😂

usually liquidity sits at LLs and HHs but sometimes there’s manipulation too and that’s why you have to be vary of FVGs

[prime garnet]

right now EURO/USD looks like bulding up orders, since what my eyes telling me is that its conslidating at a Equlibream on 1H timeframe

[noble crag]

Asia session ✅ you are correct ✅

[prime garnet]

now what my theory is they will skyrocket to the HH 22nd Feburari, then what they will do is sell at that premium level, if they want they can retrace, if they reach 0.5 or higher then they will skyrocket, otherwise they will probably retrace back and fool all the retail traders taking their money by oppurtunity fooling them thats its going to get higher

if they dont go for 0.7 or higher, or even nearly reach premium level, smc will hold on to that money by fooling some retail traders until they can get to a 0.7+ higher zone higher then the HH on 22nd feburari

[noble crag]

You are getting it somewhat but don’t put dates with price and that’s the key price doesn’t know what would be the time on 22nd FEB and Time doesn’t know what would be the price on 22nd FEB 🔑 💎

[prime garnet]

all i know price will expand, then it might have a reversal coupled with a retracement back to discount levels

i dont know

but all i know i can make 20 - 50+ pips profit after asia seassion

[dusty belfry]

Hello members

I am a newbie and I have heard about Luxalgo from Social Media

Should I buy it right now or wait for some time and learn more about the trading?

[noble crag]

Upto you mate depends on what are you looking for ✅

[prime garnet]

so what i will do @noble crag is wait for CHOCH thats a sign that a expansion is about to happen, lets price expand until it hits premium zone, or if we see its reacting to a orderblock take the profits.

[dusty belfry]

Also should I be expecting the profits from Day 01 when I purchase the Luxalgo premium indicator?

[noble crag]

You are getting it

[prime garnet]

so what i will do now set my orders on demo account on a 0.5 lot size

[noble crag]

No indicator in the world is gonna make you profits on day 1 ✅ indicators are their for confluence and help you draw & mark key zones & levels but purely depending on indicator won’t bring you profits ✅

[prime garnet]

@noble crag what is your plan?

[dusty belfry]

Okay, I understand your point

[prime garnet]

by the way @noble crag yesterday watched some videos of how can we exploit major news for major profits, do you know any good way+

?

[dusty belfry]

So, I should not be relying on just the indicator itself right? @noble crag

[noble crag]

I am looking and gold and waiting when it’s gonna sweep 2039 level for liquidity on EQH so I can short gold 😂

[prime garnet]

if you want it easy easy easy

[prime garnet]

a liqudity void?

[noble crag]

I don’t trade news 🗞️ very volatile and messes up with my bias of the market ✅

[dusty belfry]

Pls don't mind if my questions annoy you because I don't have knowledge about Algorithm trading I just want to know more about it and see if it's easy to trade with or not @noble crag

[prime garnet]

if you want it to be easy, then i recommend you buying best indicator signal in the world

[noble crag]

Equal Highs are the resting liquidity which is usually price takes out by going above it and then retraces back ✅

[dusty belfry]

Sure, tell me the name of it.

Is it the LuxAlgo?

@prime garnet

[noble crag]

It helps a lot though saves me time from drawing patterns, zones & whole bunch of stuff since indicators draws that for me on the chart 📈 ✅

[prime garnet]

i saw ict say that equal highs are sign that can go bullish or the other way, bearish

but i dont understand it

does it has to be sell candles equal highs

to bearish trend

and buy candles equal for a bullish trend

[dusty belfry]

Thanks @noble crag @prime garnet

[noble crag]

Buy candles with EQHs means there is where stop losses are at ! And that is liquidity once the price takes it out, reversals occurs ✅

[prime garnet]

i dont understand explain it easier xd

thanks

[noble crag]

This figure might help better understand EQHs & EQLs

[prime garnet]

EQHs indicate for sell

bearish markets

let me guess

because traders have exit the trade, which banks dont have enough to push price up to next hh

if they didnt go discount ofc

thats why smc goes down in a retracement

[noble crag]

Nope EQHs & EQLs are the stop losses placed by retail traders because they are either a HH & LL which usually is a stop loss of a retail trader ( recent high or recent low ) so price takes it out by going for a sweep 🧹 and then when market grabs the liquidity it’s retraces ✅

You are getting confused with some concepts, go take a break it’s too much info for you and hard to remember ✅

[prime garnet]

nah im cool

i like learning xd

so are retail traders getting manipulated?

by smc

[noble crag]

Most likely unless you know how to trap trade 🪤 or you know how SMC concepts work

[prime garnet]

so in human english they exit these trades because of what they think based on "reading charts 💩 "

[noble crag]

All the indicators are lagging indicators so Volume & Price Action are your best friends

[prime garnet]

wdym

[noble crag]

Prince action cannot be manipulated like other factors and same for the volume ✅

[prime garnet]

price action and volume?

[noble crag]

Most traders have 6-8 indicators on the screen and make a bias off those indicators but they don’t know that they are lagging what they are seeing has already happened, but if you follow pure price action & volume you cannot be manipulated easily since you are looking are REAL TIME numbers on the screen and what’s gonna happen next

[hearty moth]

Bitcoin will uptrend

[prime garnet]

@

@noble crag i assume your waiting for CHOCH for euro/usd then you will make most of your cash today there, probably 1k usd - 2k usd?

or your focusing on gold xd?

oh shit, @noble crag what my eyes tell me is that gold they are about to sell everything at premium

they will start declining probably, so what i will do is wait for a CHOCH

[jovial atlas]

Any setup for today ? Forex

[proper peak]

Good morning

[echo kiln]

Morn !!!!

[echo kiln]

Still looking

What are you seeing?

[proper peak]

Good time to short Gold

[icy wraith]

morning micky ,explain God . I watch your stream every morning ,its very helpfully . Thx from Germany

[echo kiln]

Your welcome. Glad they help a little 🙏

[icy wraith]

👍

[sterile oracle]

Morning, I am just up and saw the HH. It was triggereed at 1am..

[proper peak]

Yes

[iron temple]

@proper peak has earned the Lux Level 2 role!

digitalamjad1992 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 ;)

[sterile oracle]

tp 2024

[proper peak]

👍

[worn hatch]

Morning Fam ☕

[sterile oracle]

good morning!

[sterile oracle]

I slightly entered a short with xauusd a little too early. but it should reach 2033 or so before going long in theory.. i have to learn to enter later on the pull back.. patience is key!

[worn hatch]

Entered and exited too

[sterile oracle]

This is something I should learn on.. the issue was in my case is that I entered too early before it went to 2037..

I should have taken an ideal entry on the 5m chart.

[worn hatch]

we are already Bullish on 1h TF

[sterile oracle]

So my trade is taking longer... To make some decent profit, I am holding until it reaches about 2034 or 2033

yes but the ideal time to enter a bullish position is around 2034 or 2033?

[mossy harness]

Which ticker?

[proper peak]

Yes it will reach

[sterile oracle]

meaning I have some scope to make a micro profit before going long?

[sterile oracle]

XAUUSD

[glass solar]

hello people

[worn hatch]

I am using XAU on 15m and DXY on 1H TF while my MT5 is on 5m TF to scalp around

[glass solar]

yeah our strategys are wayy different 😂

[sterile oracle]

Thats a good way.. one of my issues is config of lux on charts to show me information easily

I take it on DXY you look for crosses to trade by inverse?

[glass solar]

yes if dxy is bullish he looks for sells

[sterile oracle]

I suggested combing multiple studies to create a monster alert.. It seems impossible right now as each study is mutually exclusive in alerts.

[glass solar]

gives him a bias

[worn hatch]

I keep my MT5 in the middle of the chart when I need to analysis the trade to enter .. left side XAU and right side DXY

if you see the chart XAU is move on the left is because MT5 stays in the middle to take trades

[sterile oracle]

can I trouble you for your DXY chart setup?

I would like to "borrow" it lol

[worn hatch]

just add the ticker on your left side

[sterile oracle]

for some reason I seem to think of MT5 as being the terminal to place trades

I think I have

that crazy blue line is my DXY

so here I see dxy diving and XAU going up which shows bullish..

[mossy harness]

My favorite lux indicator is "price action concepts"

[sterile oracle]

yes combined with others its very good.

[mossy harness]

I don't use the buy sell indicator

[worn hatch]

that would only confuse you .. have a candle moving around

[worn hatch]

You can make sure your Discord is connected here: https://app.luxalgo.com/account/connect-accounts

[sterile oracle]

I will try to work out how to do that... not sure how ....

[worn hatch]

Remove the indicator itself

[worn hatch]

use spilt screen as shown here

use the same LUX setting from your XAU to DXY

on both screens

[prime garnet]

guys its an expansion, yesterday they where bildning up orders in consolidation market

[sterile oracle]

just trying to work out how to make a split screen

done it

i had forgotten

[worn hatch]

Top right side near the chart name

[sterile oracle]

on basis of this on 15m chart, XAUUSD will go up until DXY reaches a low of 103.731

[sterile oracle]

I have just learned something 🙂

I will now apply this to other pairs

[worn hatch]

Indeed yeah

[sterile oracle]

by using the base as a second screen

so EURUSD - DXY

etc.

GBPUSD - DXY

and you scalp at 5mins on this...

facinating

I will keep one extra tab just for the screeners so I can see whats up.

I take it you keep DXY on 5m chart and keep main pair on 15m chart?

how do I modify this?

[worn hatch]

DXY on 1h TF to see the trend and XAUUSD on 15m TF

[sterile oracle]

its from price action but I cant see it

[worn hatch]

PAC indicator setting

[sterile oracle]

k 1 sec

I was looking in PAC

but I cannot find the structure scanner...

you version has pattern

[worn hatch]

In here

[sterile oracle]

great thanks

[worn hatch]

In here

Play with the settings .. its fun

[sterile oracle]

are you on v1.6 or a newer one?

ah ha yes you are...

ok so I need to copy settings from the 1.6 I had and migrate to 1.61

[granite goblet]

what id MT5 mentioned here?

[worn hatch]

Trading application

Do not try what I do because I know what I am doing .. Scalper 😎 @granite goblet

[granite goblet]

you mean for scalping on;y the method you do is the best?

[worn hatch]

My strategy works best for me .. create your own strategy that works for you 🙂

[granite goblet]

you guys are seems to be advance in using the chart and indicators, i wanted to learn the approach so that i can minimize my loses

Also how you guys are trading, manually?

[worn hatch]

#📈must-watch and #🧠core-lessons understand each indicator and create a strategy

[worn hatch]

All Manual trades done

[sterile oracle]

quetion on RAM, so i see TV is Ram intensive, do you keep many tabs open or just switch as you see something interesting?

I am thinking to build a pc to feed the RAM usage, I dont think there is much GPU usage

[worn hatch]

I am on Premium in Tv which allows me to have unlimited charts .. so I got 4 charts for XAU and 1 chart each for US30 and NAS100 and few chart when making some comparison

[worn hatch]

Download TV on your Desktop instead of using Chrome

[worn hatch]

Delete Temporary files from your PC every week

[granite goblet]

How to add DXY in the trading view

[green bluff]

morning!

[granite goblet]

Atleast someone please correct me if i added it right or not

[green bluff]

DXY seems to bounce on that ob

[granite goblet]

any suggstions?

In the below chart DXY seems to be bearish, XAUUSB is also bearish instead of bullish . why?

[trim crystal]

Any redfolder news today?

[green bluff]

you are not using the same TF first. and second, gold can be manipulated

[green bluff]

yes, in 3h40

@worn hatch FundedPeaks finally launching ?

[worn hatch]

Already launched an hour ago .. early bird access for now

[worn hatch]

Your smart trails in bullish on 15m TF while DXY is bearish on 1h TF there is the difference

[prime garnet]

how accurate is the smart indicator?

for us Smc traders

[tall zephyr]

what are the best settings for forex with the price action concepts ? trying to use it on a couple of pairs i understand all of the concepts its just the settings fr the indicator

[karmic monolith]

Cant find them

[worn hatch]

Search them on IG

[green bluff]

First one 🤞 the absolute minimum but I don’t mind, it is a big step for me

[proper peak]

Ready to Buy Gold

[plucky stag]

Not touching gold still looks garbage for me. Trading gbp atm on longs

Ez money

Gbpjpy is doing amazing

[tall zephyr]

at 2025 looks good ide agree

[proper peak]

May be 2029 to 2028 hope so. But it will go up to you again 2039

[proper peak]

Do scalping is best Towards Buy

[tall zephyr]

short on gbpjpy now had a cool set up tapped into sellside ob and then had a chochh plus on m1 timeframe

[sterile oracle]

ok that was a weird scalp...

[trim crystal]

Around 2025 we have FVG and OB 15m and 4h, it is a good buy I think depending on the news today, after that it should go up to 2041 at least I think

[plucky stag]

i avoided taking anytrades in the 30 range

i either want in 40+ or sub 30

[trim crystal]

2030s are mess, smart

[plucky stag]

I am in gpbusd buy atm 4 pips in profit so far

lets see if i can get 15 pips out of it

[trim crystal]

I have been shorting AUDUSD for like 32 hours, I will hold a bit more

260 pips so far

[plucky stag]

i started the buy like few min ago cuz dxy had a sharp sell off at the top

[sterile oracle]

2025 go long?

[plucky stag]

so thought i would go for the scalp right now

[trim crystal]

I see, good choice

[trim crystal]

Yeap

[plucky stag]

gbp also reached a good ob that was not tested before

so i thought thats perfect entry

i expect atleast a bounce if the ob never touched before

and thats why it is bouncing now

[sterile oracle]

I am using wisdom of DXY many thanks to a fine mod and trader! @worn hatch

[trim crystal]

Is you tp 1.26631?

[plucky stag]

yeah

[trim crystal]

your*

[sterile oracle]

I will be having one more funky scalp

[trim crystal]

Ahh

[plucky stag]

i get 1:2

out of that ob

well a bit more than that

if dxy bounced i might exit earlier

[elder beacon]

I'm being dumb how do u set up trading view to show 2 charts at once 😭

[plucky stag]

chart layout

you can customize it

@elder beacon

you see a rectangle icon on top right

[elder beacon]

Ohh yeah

Thank you 😭

[trim crystal]

In terms of gold, anything can happen today but if we look at the big picture, the bigger uptrend started on oct 6 still goes on, if you use fibs on December 13 bottom, December 28 top and february 14 wednesday bottom, 0.50 is 2041 so that's why I said it should atleast go 2041 soon, 2055 next and then it will go 2074, in one or two weeks maybe

Then we will see if it will go 2098-2100 or not

[prime garnet]

hey why does the smart concept indicator changes its discount, premium, OB etc

[sterile oracle]

for the next few hours,//// I will wait for this to happen aslong as no news

of impact

wait

core personal consumption expenditure

so cancel and wait.

[sterile oracle]

i would agree, but we can scalp in between.. and adapt when this red news arrives.

[trim crystal]

Ofc, just trying to forecast near future for big picture, I also scalp while holding long time frame positions

[sterile oracle]

When you have Geo politics, non of our technical approaches may work if the price action changes... The only ones who can do this are industrial banking swing traders who are controlled by our goverments and know of quant easing and what labour market is forced to do either spend or dont or go to war or dont... as a normal trader, I just try to trade away from this stuff as Biden of the lost man of the forest, sunack as the dwarf of leicester or Trump as the orange man with the red button say and do things...

[trim crystal]

Hahah, I agree. However wars are not going away soon, actually speading up and spreading. In war, not just people but also countries bank those golds. That's why I am standing the technical analysis I just made 😄

[plucky stag]

i always go fundementals>technicals

[trim crystal]

I guess what I did was a mix of that

[plucky stag]

never rely on technicals alone like lets say a stock is extremely oversold based on technicals ,the ceo of the company next day announces bankruptcy it is going to zero xD

doesnt matter what your techincals are saying

or lets say a stock is at 0.5 and next day it is announced this company is sold for 3 usd /share...it doesnt matter where the price is it will go to 3 usd/share since thats the price it got bought at

[trim crystal]

You are absolutely right, but speaking of gold, there is war and market impulses with the fibs so 2041 2055 and 2074 should arrive I believe when mixing the technical and fundamental, time will show ofc 🙂

[plucky stag]

yes imo technicals help you find entries

thats what mainly they are good for

[trim crystal]

Indeed

[plucky stag]

fundementals dont tell you where to enter

also for gpb trade i hit BE

i only got 1:1 then price dropped hard

[trim crystal]

Yeah I was watching that to see if you were making it xD

I have some copper positions as well but damn copper is slow, after I hit TP, never again

[plucky stag]

copper still holds alot of value these days but i believe since most cables are now becoming fiber optics

[trim crystal]

Yeah it is not gonna die but slow for sure

[plucky stag]

their main usage is as a conductor or power cables

I work in power stations and i have seen thieves steal neutral cables just for the copper

[trim crystal]

I live in Turkey, because of the inflation, little coins are worth more if you melt them to sell, local stores are collecting and selling them lol

[plucky stag]

thats smart

yeah turkey inflation is insane

alot of people here go to turkey cuz it is cheap and better than eu

for vacation i mean

[worn hatch]

DXY Bearish Divergence on 1H TF @sterile oracle

[plucky stag]

considering another entry on gpb

[trim crystal]

Well, I work as a pentester so inflation did not really affect me, I am still earning good but what you said is true. Was true I mean but it is becoming more expensive actually, I went to London a couple of months ago, food and living prices are close to UK right now which is insane

[plucky stag]

but i dont wanna hold trade during news

[trim crystal]

Where do you live, Balkans?

[plucky stag]

kuwait

[trim crystal]

Ah makes sense, kwait qatar and UAE tourists are common in Istanbul

[blissful leaf]

we might have 2 streams again today(unconfirmed by @echo kiln) but tune in for part 1 here: https://discord.com/channels/641770286638694402/1178430832151638077

[sterile oracle]

I have been there a few times in transit to KSA, I grew up in Riyadh since the 80's

I even remember when Saddam was forced to go into war, that I had to drive with a taxi in the dark with lights off through bharain to fly out...

Kuwait, taught me about gold.. Women would cross border with gold when the war was on!

[trim crystal]

Wow what an experience

[sterile oracle]

Gorkem, from your name I knew you were turkish,, i have a plan to go to cesme to get a Kumrou sandwhich...

[elder beacon]

gold is edging me so hard

[sterile oracle]

I had a good friend who studied in instanbul.

[sterile oracle]

until the news breaks?

[prime garnet]

how ackurate are the OB on Smart money indicator

[trim crystal]

Amazing place, amazing sand 🙂

[prime garnet]

how good is the smart money indicator

?

for us smc traders

[trim crystal]

I only use Luxalgo pac so I would not really now, but I know it is close to PAC

[plucky stag]

nice man

[prime garnet]

thats premium, heard many sjung premium for the signals

[trim crystal]

Great place to study or just visit as a tourist, shit place to live tho

[trim crystal]

PAC does not give signals and it is included in essential

[sterile oracle]

I think Turkey has its own political and economic issues, I know they pay people to go to taksim and hold flags.

whether you are in ankara or istanbul, its all odd and the prices with inflation are simply insane...

but that has been the case since the 90#s

nice to visit lovely people great food, lots of histor

goverment a little unusual.

[trim crystal]

Exactly, colorful in every possible way, wish it was less colorful sometimes xD

[sterile oracle]

I can say this there are lots of business opportunies in Turkey with good work force. but the politics is unstable and your company even if making money can go bankrupt.

[trim crystal]

Making money as a business when there is this much uncertainty and inflation is quite hard but if you make it your company would skyrocket

[sterile oracle]

speaking of talking about turkey... I now have a craving for iskendar kebab. I will go to the local restuarant and get some with patlican and some bread.. fuel ready for 1.30 / 2pm

i will get some rice as well and some lentil soup....

[trim crystal]

Hahah now I have the craving lol, hope they make it delicious like here

[sterile oracle]

they have lots opening in the UK and even barbers,

I am well fed and have short hair as a result!

many here are actually kurdish but say they are turkish...

i can tell the difference

[trim crystal]

Oh UK yeah I heard Turkish restaurant are decent there

[sterile oracle]

there are good communities. of turkish and of kurdish here now.

[prime garnet]

premium uses signals huh, question is whats the win % and what is the ai using for method

[sterile oracle]

car wash barbar food and cash and carry.

[sterile oracle]

have you looked at the back testing?

may be worth it.

[trim crystal]

It is kinda unreliable, you should now what you are doing, you cannot go HAM with every single signal

[sterile oracle]

or you could pick 100 trades and back test manually.

[prime garnet]

out of 100 trades what is the win rate

[sterile oracle]

all signals can fail with sideways moving flat market

learn the patters

upward consolodating etc and new driven etc..

adapt to condition and know when not to trade

[trim crystal]

Anthony can pull of %90 winrate whereas Sarah can pull of %20 winrate with signals, it depends on everything, strat, TP, SL, and your knowledge, no one would guarentee anything

[sterile oracle]

i advocate confluence...

[prime garnet]

ah

[sterile oracle]

dont use a single indicator

practive paper trading

dont play with money with hope... I can confirm I know nothing. but have forgotten many things...

[worn hatch]

Good but not that great then PAC

[prime garnet]

ah

but smc is accurate?

because when i change time zones i dont understand jack

OB changes

[prime garnet]

I assume PAC uses smc too?

[trim crystal]

Yes different time frames might have different OB's

[worn hatch]

The same but it give indepth feature to see in our naked eye

[prime garnet]

aha

costs 25 usd?

[trim crystal]

299 actually, one time per year

[daring schooner]

USD a buy? Seems investors are buying before the news

[noble crag]

False buy 😂

[prime garnet]

hey @noble crag

[noble crag]

Sup man

[prime garnet]

you doing good

does essential also cover OB, Gaps, Fair value on all timeframes?

[noble crag]

Yeah scalped gold this morning for 59$ 😂

[prime garnet]

ah, the smc free indicator i cant tell, it changes value

[noble crag]

I can’t risk 10 lots on scalping since my commission gonna eat my profits 💀

[prime garnet]

the ob

and other stuff

like discount market

[noble crag]

Coz it’s real time 🤷🏼‍♂️ OB gets mitigated so it’s changes accordingly

[prime garnet]

check this i rushed this trade on demo

how can the equlibream be that far away

its cacualting wrong

it should be from HH, LL

previous lower, Previous high

[noble crag]

TF ?

[prime garnet]

cant be possible or im just ass minded

indeed

TF.

this does not make sense.

even the OB are wrong sometimes

@noble crag what do i do nick?

[noble crag]

Time Frame of that chart

[prime garnet]

1 hour

up to 4 - 1 day

if i am going to enter

then its 15 minutes, 5 minutes etc

[noble crag]

Which pair ?

[trim crystal]

Okay you should now that, every discount premium eq and OBs are different in every time frame

[prime garnet]

gold

[prime garnet]

ya i figured

[trim crystal]

It would not make sense for a 15m chart to show 4H OB, positions based on 15m TF would take ages to hit 4H OB so to speak

[prime garnet]

ah

please explain it to me xd

what about discounts and premium zones, its probably same, i think the indicator will be scanning, it probably does not have enough info to scan on higher time frames

[noble crag]

And price usually don’t respect OB on smaller TF since the big move on Higher Time Frame usually mitigates through the small TF OBs so they don’t carry huge volume as of bigger OB on 4H or 1D

[noble crag]

They are different

[trim crystal]

Like this, let's say you are looking at gold 15m, in a volatile day let's say gold can move 30 points from 2000 to 2030, 4H OB can be 100 points away 😄

[noble crag]

Premium zone on 5Min Chart might be equilibrium for 1H chart

[prime garnet]

ah

[prime garnet]

so the lower the better for the indicator

or i just scroll through multiple timezones

[noble crag]

Higher TF OBs are more respected

[trim crystal]

Just scroll through multime TF to determine where price can go, where it can stop etc.

[prime garnet]

same with CHOAH and BOS

?

[trim crystal]

Everything, while a 4H candle moving towards the OB that is 2-3 days away, in that very candle 2-4 15 min OB are bounced or broken

Like thatr

[prime garnet]

ah so thats why when i looked at tradingview when a price broke the OB it vanished

it meant that price is not respecting the OB?

[trim crystal]

Yeah, it might respect later tho who knows, it is market 🙂

[noble crag]

Price doesn’t care about OB on small time frame, the larger the time frame more OB are respected ✅

[prime garnet]

now this looks right

they went below Equailbream

so what they did is that smc went to deep deep discount

we can see that at the weak low

am i right?

[trim crystal]

Also discount and premium can move so be careful they are not final, keep paper trading and studying I am sure you will get used to it

[prime garnet]

thansk @trim crystal i am also watching ICT mentorship 2016

still nerding it everyday

asking questions left and right

learning

[trim crystal]

Keep grinding mate it will click 🙂

[worn hatch]

It has everything that a trader needs

[trim crystal]

%100

[sterile oracle]

Buying USDT on mass is hard work

i will soon start to sweat as I trade

[worn hatch]

1 min to news

[prime garnet]

@noble crag @trim crystal what about discount and premium, what time zones are best for them?

[sterile oracle]

i still cannot answer the correct lot size for £100k at 500x scalping...

too many variables.

I am waiting for news

setting a trade and getting lunch

I might stay at 2 lots...

[plucky stag]

GG

i bought the dip on gbpusd before news xD

[prime garnet]

Look at GOLD

[sterile oracle]

news means we freeze like statues.

[prime garnet]

GOLD is up boys

[sterile oracle]

LONGGGGGGG!!!!!

[plucky stag]

1 min candle gave me 22 pips

i am out

idc if it is good news or bad news

[prime garnet]

LOL

[plucky stag]

i am away now

[sterile oracle]

maybe not

just wait

[plucky stag]

dxy is falling

[sterile oracle]

yup

[prime garnet]

there will be a big retracement after news event?

[sterile oracle]

gut is xau long

[prime garnet]

depending on market makers goals

[sterile oracle]

i am looking at 1m

[noble crag]

Short Gold

[sterile oracle]

just to feel it ...

i wont trade for 30 mins

[plucky stag]

nq is pumping hard as well

went up 100 points

[sterile oracle]

2039 it topped..

let news finish

[plucky stag]

i will only short at 2045 or 2048

[sterile oracle]

or more.. let people trade

[prime garnet]

how much ya'll make from this news event?

[sterile oracle]

impossible to tell

[prime garnet]

insane

there people who probably made around 7k - 10k just from this news event

and some just lost their whole account

[trim crystal]

I hedged, worked for the both sides, profiting tho xD

[sterile oracle]

thats a 1m

hedging can blow your account.

i am seeing a long

but want to confirm

[prime garnet]

xauusd is fucking killing it

M

which currency?

[prime garnet]

OMG

OMG

OMG

OMG

[prime garnet]

OMG

[sterile oracle]

Long

[prime garnet]

XAAUSD

IS GOING SKYROCKET TO MOON

[trim crystal]

Told ya xD

[plucky stag]

i already said 2045 or 2048

[prime garnet]

THEIR OVER PREMIUM MARKET LOL

[noble crag]

Gold is on a banger 🤤

[trim crystal]

It might hit 2054 today

[plucky stag]

will see

[prime garnet]

ah shit, wish i had a live account right now

from 10 usd, i would have made at least 200 - 300 usd

😢

[plucky stag]

i waited forever for price to hit 2048

i wanna short there

[trim crystal]

There is always an opportunity, will always be

[prime garnet]

gorkem probably sitting at 2k - 5k

from gold

[sterile oracle]

2050?

[prime garnet]

no i dont think so

their starting to slow down

think the major news is over

[sterile oracle]

on a ocilator ... look at it

[trim crystal]

Today or tomorrow

[sterile oracle]

and use it to layer...

[prime garnet]

im shitting while watching gold 😂

[sterile oracle]

its bullish, so only enter long when it drops...

[prime garnet]

it will retrace back 100%

so there will be some profit to make

[noble crag]

2044.5 short entry ✅

[sterile oracle]

2044.19

[prime garnet]

why?

[sterile oracle]

thats the bounch back on 1m

[noble crag]

Coz it’s gonna hit a bearish FVGs 😂

[sterile oracle]

spike done

need to see divergence

going back to 15m chart

it does a little more, it sents trades to MT4 live

[prime garnet]

you mean its too much of a liquidity void on bearish

[noble crag]

Imbalance is fulfilled ✅ of sellers so now it’s gonna retrace back down

[trim crystal]

Next are 2056 and 2074 then 2099, through this month

[prime garnet]

yeah i can ser ut

can see it

[sterile oracle]

i need food...

[prime garnet]

look at these gaps

[sterile oracle]

its food vs profit now

[plucky stag]

momentum is too strong for a short atm

dont rush your entries guys