#💱forex-chat

1 messages · Page 111 of 1

novel ledge
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@worn hatch what is the update on gold

noble crag
#

Well some trade off only using Moving Averages, Some love trendlines, some gamble NAS & XAU & some wanna learn the liquidity from SMC 🤷🏼‍♂️ as long as it works for you and you are profitable at the end of the month, you don’t to worry what some else is doing ✅

#

As Legends say -> Trade what you see not what you think 💭

worn hatch
plucky stag
#

i traded for years based on vwap and macd on stocks.I made good money out of it but i also used fundementals cuz imo fundementals are always more important than what those indicators tell you

worn hatch
#

Already done my daily target for today thou @novel ledge

echo kiln
#

default for internals

worn hatch
novel ledge
#

@worn hatch thanks man

worn hatch
novel ledge
#

i will
when you guys running a discount pls

worn hatch
novel ledge
#

sure

echo kiln
#

This may look good

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🤷🏻‍♂️

icy wraith
#

Ohhh micky giving out calls now huh

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hahahah thats sure bull

echo kiln
#

Just one path, dont forget, there's 2 paths

plucky stag
#

Damn gold is pumping already 2161

minor venture
#

GOLD will go back 2156 and 2128

chrome ravine
#

Good morning ☀️

rough jungle
#

morning gang 👋

#

Just about to analyse my two pairs to see what the day holds

uncut pike
#

bot

strong snow
#

Lmao

#

Def a bot

rough jungle
#

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#

Todays news (UK) time

undone imp
#

good morning

#

looks like JPY is taking a dump

chrome ravine
#

Anyone trading ger40?

rough jungle
#

Lets see if UJ is good to me today

undone imp
#

oh! you are looking for the reverse 🙂 ill be out by then

rough jungle
undone imp
#

looks like a risk off day at least until Powell speaks later

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we will see

sterile oracle
#

i hope that powell says somethhing golden...

plucky stag
#

My eu short from yday running 20 pips finally

green bluff
#

morning!

wary nova
#

good day. what indicator is recommended to pass prop firm? merely looking for 1:3 rr strategy. not yet a member. buying soon

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ps: more of a Xauusd trader here fyi

worn hatch
#

Morning fam ☕️

green bluff
#

DXY bullish divergence on 1h and 2h TF

sterile oracle
#

Technical Analysis: Gold price needs to pause after the recent record run amid overbought RSI on the daily chart
From a technical perspective, the recent breakout through the $2,064-2,062 strong horizontal barrier and a subsequent strength beyond the $2,100 mark was seen as a key trigger for bullish traders. That said, the Relative Strength Index (RSI) on the daily chart is already flashing extremely overbought conditions. This makes it prudent to wait for some near-term consolidation or a modest pullback before positioning for an extension of the well-established short-term uptrend. Nevertheless, the Gold price seems poised to climb further towards the $2,200 psychological mark.

On the flip side, corrective declines might now be seen as a buying opportunity and remain limited near the $2,100 round figure. The said handle should act as a pivotal point, which if broken decisively could drag the Gold price back towards the $2,064-2,062 resistance-turned-support. Some follow-through selling will suggest that the XAU/USD has formed a near-term top and possibly shift the bias in favour of bearish traders.

worn hatch
#

Gold is bullish on SB session on 3m TF

rough jungle
#

lets get my 0.5% back i lost this morning (:

sterile oracle
#

Its possible at US opening there will be little trading as we wait for Dr. P... There should be a USDX upturn.. I assume.. ish

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although election times are here and its getting a little bit almond nutty

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I can see a decent scalp this morning...

sterile oracle
#

I see a giant red brick!

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and divergence

worn hatch
#

We are already extremely overbought on Weekly chart

sterile oracle
#

yes

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and the RSI

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eventually technicals take over..

open wigeon
#

crazy

trim crystal
#

Tomorrow gold will have a big red candle 😄

sterile oracle
#

yes

open wigeon
sterile oracle
#

yes

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lot of news

open wigeon
#

what time?

sterile oracle
#

infact way too much news

trim crystal
sterile oracle
#

as a trader, I advoate limits on amount of words said by politicians

plucky stag
#

sadly there is no overbought in bullmarket . Rsi is usually 60-80+ in strong bullmarkets and can reach 95+

sterile oracle
#

say 10 works a day

trim crystal
#

Tomorrow we have non farm payrolls and unemployment rate news

open wigeon
#

what time tho?

sterile oracle
#

The unemployment rate is not bad

trim crystal
sterile oracle
#

about 3

worn hatch
sterile oracle
#

but Dr. P needs to make sure the elites have their shorts ready or their big trousers...

worn hatch
#

We got two news today too

sterile oracle
#

P rolls in late

trim crystal
#

Especially for eur

sterile oracle
#

EURUSD...

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stay away from this..

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there is some noise on the whole NATO invasion of Ukraine

trim crystal
#

Today and tomorrow, I am only on US100

sterile oracle
#

smart

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US100 could climb by fri

trim crystal
#

Yeap, there are opportunities

sterile oracle
#

I was doing some experimental cooking while waiting for XAU..

#

I have combined Thai red and thai yellow...

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with chicken thigh

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very tastey...

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also looked slightly orange but not as much as I thought due to levels of green chili and fish sauce..

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good times

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i have some left so debating if this is a possible breakfast... its likley the wife will stop me and tell me I am crazy...

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but I am still thinking some steamed rice can help..

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I also put some aubergine in there there

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I precooked and soaked on salt water..

trim crystal
#

You can eat everything at breakfast, breakfast is a lie (coming from a guy that eats full course turkish breakfast at least twice a week)

rough jungle
sterile oracle
#

You know of the kellogs thing?

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to make breakfast important

#

?

trim crystal
#

American Capitalism at its finest

sterile oracle
#

I read that Humans sleep in 4 hour cycles and this 8 hour concept is simply not applied

icy wraith
#

I sleep in 2 hour cycles

rough jungle
trim crystal
sterile oracle
#

I have found that 15 min micro naps are useful

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and having a sleep break after lunch is good

trim crystal
#

I sleep 5 hours, I die early

sterile oracle
#

I tend to sleep with sunset and bird noises...

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in the UK its grey

icy wraith
#

Love your profile picture @rough jungle

sterile oracle
#

so I cannot react well

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its an animea thing

trim crystal
#

Grey sunset is also a sunset 😄

sterile oracle
#

I grew up on equator

trim crystal
#

Oh

sterile oracle
#

it was easier as I would have normal times

plucky stag
sterile oracle
#

I was reading on reuters...

trim crystal
sterile oracle
#

there is a German political issue..

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germany are going to be giving out terrible news

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their industrial sector is under liquidity issues

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their agriculture is also in issues

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there is a 19 billion funding gap

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and they need to borrow

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this will force euros down...

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due to quant easing

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at the same time

plucky stag
#

I am on the short side

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I want bad news

sterile oracle
#

USD is not stable until Dr.P

plucky stag
#

It will help my trade

sterile oracle
#

so for me at least the optics look tooo unpredicable.

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if US does not post good numbers... which it wont

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and the EUR is a german mess..

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then I dont know in pair terms what will happen

plucky stag
#

so that means it is bearish right?

sterile oracle
#

thats the thing....

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i dont know

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There is too much news

plucky stag
#

well i will squeeze what i can iut of it

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I am already on BE

sterile oracle
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I would reduce your position

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as much as poss

plucky stag
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I booked 20 pips

sterile oracle
#

and wait

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20 pips is not bad as small movement

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There will be spikes either bearish or bullish on these news events

trim crystal
#

I am shorting from 1.8970 to 1.8720

sterile oracle
#

which will be erratic and emotionally driven

trim crystal
#

Before the news anyways

plucky stag
#

When is german news

sterile oracle
#

Those techicals I saw but its the news thing, you might end up holding the trade for some hours.

rough jungle
#

1% back i lost and more

trim crystal
#

4 hours

sterile oracle
#

I think take the profit

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and wait some hours...?

plucky stag
#

yeah will see

sterile oracle
#

you will know in the first 10 mins of the news...

plucky stag
#

I am on BE

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so i am secured

sterile oracle
#

for the US look for mad happy dancing and for the EUR, look for sad faces...

sterile oracle
#

I would personally bank it.

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and then consider..

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I am looking to close out my XAU

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but I need to keep scalping to pay for it

plucky stag
#

I am on bullish dxy been saying for last two weeks idc about the noise atm unless dxy breaks 103 then i will change my stance

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I follow fundementals

sterile oracle
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i thing that DXY is over sold

plucky stag
#

Yes

sterile oracle
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and thats due to this war and trump thing

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Trump winning favour... is causing chaos.

plucky stag
#

Eur aint gonna overcome dxy

sterile oracle
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no..

plucky stag
#

dxy is still very strong

sterile oracle
#

EUR will dump

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and DXY will jump..

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and XAU will dump

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my thoughts.. in theory

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if you look at US100 its a good reflection of drivers on DXY

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also consider oil,

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thats causing pressure as OPEC as sqeezing supply

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which increases underlying costs for commerce.

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but the impact is stagged

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april begging of business year.. is a high impact time

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beginning*

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in 2 weeks many businesses will freeze their books

plucky stag
#

Us100 will also correct

sterile oracle
#

agree

plucky stag
#

early March is usually seasonality correction

sterile oracle
#

the Us100 has a lot of tax complications as costs to come

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they will silo a lot of liquidity

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10% economic capital is not unthinkable

green bluff
#

Eurusd is still very bullish

worn hatch
rough jungle
#

3.5% and 8.5% potential if they play out

icy wraith
#

Is 2160 right now the highest price of gold in whole history up until now?

proper peak
#

DXY will go more down up to 102.3

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based on this XAUUSD may cross 2200

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Look at DXY crossed TP2

elder beacon
#

What do these charts mean on tradingview? It's not ticks is it

rough jungle
strong snow
#

Damn. That kingfisher clone deleted his account

#

I was looking forward to being hacked....

rough jungle
daring schooner
#

Audusd is at an established trend line that dates back to 2021. It can cross it but it generally doesn't. If it uses the line as resistance today then lower support is theoretically 60.000. this is weekly however. Take it with a grain of salt.

rough jungle
#

god UJ price action is painful to watch at the moment

oblique siren
#

Good morning all

rough jungle
oblique siren
#

God another J Powell speech today?

sterile oracle
#

2nd part

oblique siren
#

Fun

plucky stag
#

ye like i said take it easy this week

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dont trade too much

sterile oracle
#

i have kept shorting..

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but only because of 5pm today the correction based on Dr.P

plucky stag
#

whats your DD now ? -40k ?

sterile oracle
#

40! nooooo

oblique siren
#

I'm in only 1 trade rn, nothing massive but will need to exit before fed speech, palladium jumped 10% yesterday

sterile oracle
#

much more sensible..

oblique siren
sterile oracle
plucky stag
#

-30k

oblique siren
#

Around about

rough jungle
sterile oracle
#

i put it at a gentle 29

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yes God has made a damn... and the waters will fall..

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or something

rough jungle
#

🤣

sterile oracle
#

or I just put more funds in

plucky stag
#

i am chilling with my BE short on EU

sterile oracle
#

withanding exposure is everthing

oblique siren
#

I'm just chilling with my £300 account over here lol

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I'm short palladium, just need to exit before Powell makes it jump 10% again

sterile oracle
#

well in theory with my draw down.. i have to use kebab funds... to protect

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i have only 700 lambs left and 3000 heads of cow

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and a small donkey

rough jungle
#

always using your kebab funds

sterile oracle
#

lol

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well its BTC funds

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but same

oblique siren
#

Can't lie had such a nice kebab box for dinner last night, Taka Taka hits the spot always

sterile oracle
#

that means micro chopping

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with chicjen

rough jungle
#

making me hungry, nearly dinner time for me

sterile oracle
#

and salad

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i had breakfast

daring schooner
#

Nasty divergence on EU 2 hrtf

sterile oracle
#

i am due for brunch

oblique siren
#

It's lunch I need to start thinking about something

sterile oracle
#

the linner and dinner and supper and dupper..

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also I eat all trading times

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there is asian cycle

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euro and US..

rough jungle
#

might get a kebab delivered for my dinner now that ive talked about it

sterile oracle
#

so many times for food

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which kebab are you feeling the need for?

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its 11

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in UK

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many who make the kebabs dont start to later

rough jungle
#

nevermind just checked uber eats, will get some fried chicken place whats open instead

sterile oracle
#

if you have an air fryer you can heat up well.

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gets the crisp back

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focus on thigh.

green bluff
#

why DXY price is not the same between TVC and CAPITAL.COM on tradingview ?

sterile oracle
#

breast is dry and too big.

sterile oracle
rough jungle
#

UJ finally moving

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if both trades hit, im done trading for the month 🙂

oblique siren
#

20 lots????

plucky stag
#

you shorting uj or longing ?

oblique siren
#

Gahdayum

rough jungle
#

shorting to my long

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then got a 8.5% long lined up

oblique siren
#

Oh I understand now what you're doing

rough jungle
#

internal market structure within market structure

oblique siren
#

Your long is on the lower line and you're just shorting to it

#

My brain has died I forgot what it's called 😭

plucky stag
#

hedging

rough jungle
#

not holding a buy and sell at same time, just trading a rising flag reversal to my falling flag reversal point

trim crystal
#

Done a similar thing with NQ today, bearish FVG short into a big long

rough jungle
#

would like to have banked the short and got my long to BE before the news though

oblique siren
#

Thank you for reminding me

trim crystal
#

News might help who knows 😄

rough jungle
#

news usually burns me majority of the time, although last friday i placed a quick trade 2 mins before news with tight sl and 45pip tp and got instant tp haha

oblique siren
#

I don't like trading news ive blown up at least 2 accounts doing it

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Then again I was over leveraged for my account size

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So both factors were my fault

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Now I'm on a sensible leverage and a bit smarter than last time lol

rough jungle
#

all about RRR

trim crystal
rough jungle
harsh thicket
rough jungle
sterile oracle
trim crystal
#

It was nicer to me than forex for like two weeks 😄

sterile oracle
#

you can link US100 to this chart...?

#

USDX has bottomed

#

double LL

trim crystal
sterile oracle
#

to see this, you must wear eye patches

rough jungle
#

🤣

oblique siren
#

Over both eyes?

sterile oracle
#

yes

trim crystal
#

🤣

sterile oracle
#

and only walk backwards

rough jungle
#

HAHA

oblique siren
#

And flip a coin to long or short

sterile oracle
#

yes

#

keep flipping various coins

oblique siren
#

Random number generator for lot sizes

sterile oracle
#

but never too much

trim crystal
#

It is fascinating you can see the price and act on it when so many things going on there 😄

sterile oracle
#

its like a parlament or house of commons

#

many voices

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also

rough jungle
sterile oracle
#

ear plugs

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dont listen

oblique siren
#

Ear defenders

sterile oracle
#

also mainly shout a lot

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either way

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my back hurts so I know its shorting

oblique siren
#

Got the ol' tingle in the spine

sterile oracle
#

tea leaves,,,

#

yes

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also good

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so we are back to powel

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and waiting..

oblique siren
#

Still got 3hrs 30

trim crystal
#

Before powell, there are EUR news too, big ones

sterile oracle
#

EUR... well we know its not good news

oblique siren
#

Don't think my trade should be affected by that

sterile oracle
#

no if your dealing on metals

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your focus should be on DXY

oblique siren
#

I'm trying to keep it safe for the moment

sterile oracle
#

as that is making liquidity for paladium

oblique siren
#

I've got palladium and dxy up side by side

sterile oracle
#

good

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DXy will climb,

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so on pal i would consider a short

daring schooner
#

EU, AU, CU all hit even numbers in the past 24 hour. Example 65.000

oblique siren
#

I'm short from 1064

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Accidently timed the top pretty well on the 1H chart

trim crystal
#

Missed palladium, tried copper last week but never again, refused to go logical way for 5 days, kept me on the hook 😄

oblique siren
#

I was short and it jumped 10%

sterile oracle
#

the way to dominate the market is to put a sticky plaster on Powels mouth....

oblique siren
#

Luckily I had a relatively tight sl

sterile oracle
#

when he speaks I lose money

trim crystal
#

I never use SL's on news, they are making me lose money 😄

oblique siren
#

I'm glad I had mine, I only lost a small amount but if I didn't I'd still be in hella DD

sterile oracle
#

If you want to make money on electrical battery based metals, invest in the slave trade.. not the metal... this will involve many bribes and I dont recommend it

oblique siren
#

Need a middle man for that as well

sterile oracle
#

also you will either be in prison or something else

oblique siren
#

Off grid

sterile oracle
#

lol

oblique siren
#

Either 2 things are gonna happen with Powell today, he's either not gonna talk about the metals again or he's gonna speak about it heavily

trim crystal
oblique siren
#

I don't have the capital for that

sterile oracle
#

and you need to wait as you end up in a swing no matter what

oblique siren
#

So I thought I'd be OK since the fed notes I read wasn't going to cover metals

trim crystal
#

That's true too

sterile oracle
#

also if you hedge you can blow a book if you dont protect margin as you chase profits on your positive positions

trim crystal
#

Yes you have to calculate your lot size

sterile oracle
#

yes and thats hard work

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if its moving

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you almost have to micro trade out of your bad hedge

oblique siren
#

I'm still calculating lot size so I'm not overusing my margin

trim crystal
#

I am quick with my hands 😄

sterile oracle
#

lol well thats what she said

oblique siren
#

I'm no where near that level yet, still learning the basics and getting the hang of the more simple stuff

oblique siren
#

Like PAC

sterile oracle
#

lol

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in all I recommend reducing trading for a few hours...

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I am not able to predict what Powell will say or what Germany will say..

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I just know there is going to be a movement and I think DXY increases

oblique siren
#

All trades will be closed by 3pm gmt

plucky stag
#

i need my short on eu to print xD

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but atleast my mind at ease with the BE

oblique siren
#

I've moved my palladium short to BE as well

plucky stag
#

dxy is starting to go up

proper peak
plucky stag
#

we are bouncing from a strong level

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it is very hard to break 103 without news

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if you were bearish you would not be shorting support anyways

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you would wait for a pullback on dxy

proper peak
#

it may break till its not settled

plucky stag
#

then short

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I am not stopping you from trading.trade what you think

#

I will do what i want as well

proper peak
#

I am waitng for perfect buy in DXY and short in XAUUSD

sterile oracle
#

dont trade on DXy until we see news, just my two cents, which is quanted to a small pebble.

proper peak
#

sure

plucky stag
#

yeah i am on free risk atm wtih BE

#

i just think price will pullback before another big move if they really want to break 103

sterile oracle
#

XAU will in my thoughts be shorted into market close tomorrow

#

the next break out on XAU will be large so short and get out...before

plucky stag
#

i am not touching gold at all xD

#

next week maybe

sterile oracle
#

lol but its shiney?

plucky stag
#

yeah man but gold is crazy during news

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currencies I am not gonna get fked hard if price goes against me

sterile oracle
#

Gold blows a lot of books

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these 200 pip moves.

plucky stag
#

you mean 500 pips now xD

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and 1k

sterile oracle
#

well in my case yes

plucky stag
#

it did 500 pips two days in a row

#

thats insane

sterile oracle
#

but so am i

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remember

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it cannot keep doing this

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it eventually moves the "correct way"

oblique siren
#

"The most desirable direction"

sterile oracle
#

I know this If you add "dr P" to soda and mentos.. there is a lot of movement and gas..

oblique siren
#

Dr pepper?

sterile oracle
#

Powel

oblique siren
#

Ah

#

Right

#

Guess I'm too British to come up with an answer like that

#

I've always called Dr Pepper as Dr P my whole life 😭 of course this is the one time I get it very wrong

sterile oracle
#

🙂

plucky stag
#

lets go eu

#

been waiting all day ZZZZ

sterile oracle
#

news time

plucky stag
#

news in 1hr i think

novel ledge
#

@worn hatch Any update on EURUSD

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@plucky stag you really in the spirit today

plucky stag
#

I am actually tired from work been on the field all day

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i just want to get it over with so i can go sleep

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xD

novel ledge
#

haha any update on EURUSD

plucky stag
#

dont get into anytrades until euro news are over

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in 1h 15 min

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then we got powell ofc in 3 hrs

novel ledge
#

Roger that @plucky stag big Thanks

trim crystal
#

I have put a sellstop 1.08770 EURUSD, if it hits it hits

plucky stag
#

i had a really good entry yday thats why i am holding on to it

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I dont always catch the very top xD

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so i am sort of greedy with it i dont want it to be just a scalp

trim crystal
#

I rarely scalp, I am the guy that bought gold from 1990 2005 2013 2020 ... 😄

plucky stag
#

well i did the same

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gold imo has always been bullish there might be bearish cycles sure but if you had to pick one direction to stick with

#

it will be long

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cuz gold will never be useless

trim crystal
#

Realized those positions here and there till it hit 2150s, now I am not touching it it is scary

trim crystal
plucky stag
#

you did the right choice

#

i am also not touching it atm

#

never fomo and take the best entries

trim crystal
#

I am touching US100 for 2 weeks as well, oh boy it is good

plucky stag
#

past two weeks werent so good unles you bought the bottom xD

#

then yeah sure it was great

trim crystal
#

Bought at the bottom, sold at the top etc etc 😄

plucky stag
#

nvda carrying us100 so hard

trim crystal
#

I don't like them because they are like apple, f'ing their customers (I have AMD GPU lol), however their AI research etc are great, truely a monster of a company

sterile oracle
#

in terms of tech

#

focus on GPY

#

GPU

#

Nvid is possibly over financed

plucky stag
#

well in gpus there is no competition against nvda

#

amd is great cpu but still far bheind nvda in gpus

trim crystal
#

For last two gens are great actually

plucky stag
#

in terms of investments i did buy both

sterile oracle
#

think like this...

plucky stag
#

cuz i believe in their tech

trim crystal
#

AMD always ahaed with hardware, they were behind in terms of software but they are catching up

sterile oracle
#

what resource is needed to make a GPU?

trim crystal
#

In terms of investments AMD INTEL and NVIDIA will live long

plucky stag
#

intel did jack shit this cycle

#

lagging hard

trim crystal
#

You need silicon,

sterile oracle
#

yes

#

N

#

carbon

#

silicoln

trim crystal
#

Semi-conductor industry as a whole let's say

sterile oracle
#

focus on raw product

plucky stag
#

thats not the answer

#

people found already better altrenatives to silicon and stuff but it is just that it is the standard and they are already invested too deep into it

#

they have to do the same for the other altrenative

sterile oracle
#

consider this, look at neural networks

#

and the micro insdustries

#

as well mostion capture

plucky stag
#

like ceo of nvda said moore's law is dead

sterile oracle
#

yup

plucky stag
#

and ik this is true cuz i also worked on making chip designs xD

#

well back in uni anyways

sterile oracle
#

🙂

plucky stag
#

havent touched that shit in years now

minor venture
#

Instead of chating so much why don't you guys stay focused on charts

#

Silently work behind the scenes

trim crystal
#

This is chat

#

You can mute the server mate

oblique siren
#

I'm eating lunch rn

#

So I'm having some downtime from looking at the charts all morning

plucky stag
#

ye thats fine

#

take your time there is nothing on the charts anyways atm

#

until news

oblique siren
#

That's another few hours anyway, got some uni work to get on with it the meantime

rough jungle
#

hope the news shifts this UJ, painful to watch atm

plucky stag
#

it will only go up when dxy is moving up

#

atm still ranging around support

#

waiting for news

rough jungle
#

missed my close for my short whilst eating my dinner

echo kiln
#

Good morning!

#

👋

rough jungle
#

closed my UJ short, it was annoying me ranging! still will await my long though

plucky stag
#

6 min eu news

green bluff
#

lol gold

echo kiln
plucky stag
#

exactly

#

15 days eu been just ranging

rough jungle
#

awaiting this now

plucky stag
#

lets gooooo

#

GOOOOOO

#

been waiting forever

#

🔥 🔥 🔥

trim crystal
#

Hahahah it hit my sell stop lol

plucky stag
#

like they always say trust the process

#

xDDDD

scarlet silo
#

rofl maybe i should've waited for the news

trim crystal
#

Will it wait the press conf tho

plucky stag
#

i got out anyways

#

great trade

#

like you said too many news ahead

#

nothing is certain

#

i got my full 40 pips

#

been a long day at work ima chill now.you guys take care

rough jungle
green bluff
#

I think its a fake dump for eurusd

worn hatch
#

Bearish Divergence for Gold on 15m TF

trim crystal
#

16 mins there will be a press conf, price is waiting for that

rough jungle
#

forgot about news and entered long LOL

trim crystal
#

It might wait for powell too

prime garnet
#

eu usdchf

#

there is oppurtunity to buy no lower liqudity

#

market is going to sky rocker

worn hatch
#

MIX news for DXY

plucky stag
#

like they say trust the process

scarlet silo
trim crystal
#

See if I had a SL, I would have lost money, now I am in profit shorting EUR 😄

#

I will keep it tho, today DXY will go up I think

scarlet silo
#

Im actually glad I had a SL. Not used to doing forex so the lot sizes confuse me a bit, so was probably in a bit heavier than I should've been.

scarlet silo
#

made it up with nas and gold though, so breakeven on one of my accounts.

icy wraith
#

Gold buy or sell ?

noble crag
#

GJ has good long setup though

proper peak
proper peak
#

Let's settle the DXY and Gold to a certain point

rough jungle
#

my last trade of the day

prime garnet
prime garnet
rough jungle
#

Might hit a 10% day 👀 months done if I do 🙌🏽

prime garnet
#

usdchf there is a buy today

#

chf is going to skyrocket up

noble crag
rough jungle
rough jungle
noble crag
#

Gold started to tickle a bit down on 4H

#

Maybe it’s time for a retracement yet ?

prime garnet
#

Nick, me and u are both ict traders, do you want to collbaorate with me

#

we can scan lot quicker for information

noble crag
#

Naah man I happy to trade together but I trade alone it messes with my emotions

prime garnet
#

you aint losing anything

#

we would share information only

noble crag
#

I might have a different view & you might have different which will make me think twice before I trade or step in ?

Coz I only trade what I see not what I think 💭

prime garnet
#

gpb usd being market sponsorship ?

prime garnet
#

trust me you wont lose on it neither will i

#

@noble crag your right gbp is going long i can see think some sponsorhip is happening

worn hatch
#

Bullish Divergence on 15m TF on Gold and DXY is dropping

rough jungle
#

12% day 😎

#

done trading for the month

#

wonder if powell can shoot UJ to the moon (:

oblique siren
#

here we go

worn hatch
#

SB session for now

oblique siren
#

uncle P layin down some words of wisdom

#

no

#

King doing bits as usual

worn hatch
noble crag
#

We are gucci with Lux bud 😎

oblique willow
oblique willow
#

why you here then??? leave then

noble crag
#

One more ad spam and @worn hatch

#

@echo kiln

rough jungle
#

idiot

noble crag
#

oblique willow
#

damn bloody idiot

noble crag
#

Yeah

rough jungle
#

Uj to the moon

echo kiln
#

👀

noble crag
#

Hey @worn hatch you use default settings with trend tracer ? For scalping ?

noble crag
worn hatch
noble crag
#

Same with PAC ?

worn hatch
noble crag
#

I tried to shorten the hyper wave length but it increase noise too much

noble crag
worn hatch
noble crag
#

1 minute or 5Min ?

worn hatch
noble crag
#

You follow matrix oscillator for entry or exits ?

worn hatch
#

Indeed yeah

#

all 3 indicators

noble crag
#

worn hatch
#

currently I am on 2m TF in Gold scalping

rough jungle
open cave
#

Any gold analysis

iron templeBOT
#

@open cave has earned the Lux Level 2 role!

royalnft7833 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 ;)

proper peak
#

How to set alerts for PAC movements like HH LL LH and HL any body knows about it?

blissful leaf
proper peak
#

Okay

worn hatch
open cave
#

Thanks 🙏🏽

#

Thought to retest the high

green bluff
#

DXY dumping

rough jungle
plucky stag
#

Dxy is below 103

#

guess it is bearish atm

#

need nfp tomorrow to confirm

rough jungle
#

you trade on NFP day?

plucky stag
#

no

#

well i might trade in the morning but I pass on nfp since i am usually busy with family and stuff

rough jungle
#

yeah i tend to stay away on NFP way too risky ha

plucky stag
#

I did trade last nfp tho but was kinda crazy ride I did end up getting a nice win but i usually avoid fridays anyways

#

tho i keep in mind if i want to trade those big news days it will always be small sizes

#

protecting capital is important

rough jungle
#

100% ive put a play lot size on now and again but dont do it often or make a habit of it. Just waiting for UJ to gimmie another 25 pips and ill be happy

noble crag
#

NAS looks almost in a sweet spot to short 🤔

trim crystal
#

Don't be hasty 😄

echo kiln
#

How FX treating everyone?
Been nasty for me past few months.
UJ came out of it's nasty chop range on the 4H

#

Big daddy EUR/USD just yuck!

rough jungle
#

i want your chart colours 😮

noble crag
rough jungle
#

was waiting for one more push up for UJ

echo kiln
#

💩

echo kiln
rough jungle
prime garnet
#

@noble crag what does ict mean with ranges, where he marks recent candle low and recent candle high

noble crag
prime garnet
#

probably a OB

#

his showing the accurcy of the monthly OB

#

acting as a resistance

#

support and resistance

noble crag
#

Daily candles & Hourly candles hold most SL for swing traders

prime garnet
#

i never understood it with the close high open candle

#

or close low open candle

#

i have seen them people use them to predict on midnight nyc session

#

if its going to bullish or bearish

brazen plaza
#

Do you guys think USD will bounce back? I’m in big loss

prime garnet
#

@noble crag ict talks about Range, lowest down candle recent and highest recent upper candle that makes our range

#

but i dont understand what does he mean by range?

strong snow
#

Inner Circle Trader (ICT) forgot he can't trade and made the terrible mistake of livestreaming actual trades. You'll see why it only lasted for 2 days though.

Full exposing video: https://youtu.be/9UUFlSE8Ztg?si=NWlvlJ4ASm9QYoJk

Extra videos and early access to these videos: https://www.patreon.com/ImanTrading

Second channel for live trading:...

▶ Play video
green bluff
#

I want to short this eurusd

strong snow
#

Go for it

green bluff
#

no sign of reversal yet

strong snow
#

I know 😂😂🤣

noble crag
strong snow
#

Ig ore the green money overflow

#

Ignore*

#

Just wait for 1h bearish divergance

#

Till that so nothing.

#

Do*

noble crag
#

NAS is in a sweet spot though to short

strong snow
#

If u get lucky

#

If there's no divergance wait...

#

But it will probably pump till nfp

green bluff
strong snow
#

Well somethings there

#

Just need a good rejection

#

I would wait for money flow to turn red

urban quarry
rough jungle
#

current UJ situation

worn hatch
rough jungle
echo kiln
#

LOL

#

its one of the TV default color palettes

daring schooner
rough jungle
#

tagged out at BE on my other entry. just got my runner now from this morning

#

sod it in closing them and going bed soon, tired

#

Day done 🤷🏻‍♂️

#

monthly target in 1 day, ill barely trade for the month now

sudden bison
#

wow impressive

rough jungle
#

not every month is a positive one, jan/feb aint been the best for me

icy wraith
#

sup guys tell me where I can find beta testers for the game

worn hatch
rough jungle
#

night guys, see you in morning

echo kiln
#

the day has just begun !!!!

rough jungle
#

Although I have just done a UJ long trade with 5 pip stop loss

#

Wake up in profit or stop loss 🙃

#

😂😂😂

#

To the moon 🔥

#

Wish forex wasn’t so addicting. I’m tired but want to monitor this now 🤷🏻‍♂️

echo kiln
#

LOLLLL

rough jungle
echo kiln
rough jungle
#

Don’t need zero spread on 4H anyway I should be the one wanting that with my max 8 pip sl

echo kiln
brazen plaza
echo kiln
#

Here is what is causing FX havoc
The Dollar
Based on the recent swing structure, Premium/Discount levels, price did retrace back for the continuation upside.
BUT, it is now taking a detour.
But it is still within the longer structure upside trend.

#

Tough

#

You have all the technical reasons to stay bullish on the DXY
Diamond hands?
But we do have JP and NFP this week.

#

🤷🏻‍♂️

shy trench
#

Looks like they find any fundamental data good for others bad for dollar to shoot the dollar down

prime garnet
#

never assume

#

maybe jpyusd will be a fakeout on sells just for buyers to keep buying

#

s o

#

tired bout to sleep while typing xddd

echo kiln
#

🤷🏻‍♂️

shy trench
#

Technical ye dollar should be bullish but I think fundamentals are more important than ever at this point

#

I think gbp and eur don’t cut rates before dollar do or they will burst

#

But economic wise gbp have to cut rates lol

echo kiln
shy trench
#

Or their economy will be fucked

#

JPY is a strong outperformer today

Let me explain.

- BOJ Policy Change Speculation

Speculation about the Bank of Japan (BOJ) potentially ending its negative interest rate policy is causing the yen to strengthen. This shift is anticipated because negative rates, aimed at fighting deflation and stimulating growth, make the yen less appealing to yield-seeking investors.

The prospect of higher rates in Japan increases the yen's attractiveness, boosting its value.

- Rising Wages in Japan

Reports of increasing wages for Japanese workers suggest potential growth in consumer spending and inflation. Since central banks adjust interest rates in response to inflation, this could lead the BOJ to raise rates, making the yen more attractive to foreign investors and strengthening its value further.

- Carry Trade Implications

The carry trade, involving borrowing in low-interest rate currencies to invest in higher-yielding ones, may become less viable with the yen. If Japan's interest rates rise, diminishing the yen's role as a favored funding currency, investors unwinding carry trades would buy back yen, increasing its demand and value.

#

@echo kiln

#

We might need to wait being bullish on the dollar after they cutted rates. And when gbp and euro follows

echo kiln
shy trench
#

Boj are idiots

echo kiln
shy trench
#

Will be even funnier if inflation starts to rise again after rate cutting 🤣

echo kiln
#

wait for the confirmation of bearish trend, which we dont have yet, or wait for a good spot for diamond hands to go long

shy trench
#

It’s very hard to find the right spots these days. data is like 🏓

echo kiln
#

yup

#

just wait until JP raises rates, and confirms, no rate cuts in 2024, then BOOM goes the DXY and the MOON !

shy trench
echo kiln
#

pants on fire

#

LOL

shy trench
#

Today in the parlement

echo kiln
#

i mean he will be a liar

#

he is trying to prop the market for the prez and election year

#

LOLLLLLLLLL

shy trench
#

Economists at Commerzbank expect the Federal Reserve (Fed) to cut rates only five times by 25 basis points (bps) each cut.

Fed to adjust key rates

We do not expect the first rate cut until the June meeting and therefore one meeting later than previously assumed.

Overall, we now expect five interest rate cuts of 25 bps each (previously 8). The Fed is likely to make three of these cuts this year and two next year. The key interest rate would then be 4.25%.

#

So for dollar bullishness we either need more inflation again so that they push rate cuts back or we need first rate cut and the ecb and boE will follow quickly what makes dollar better

#

I’m expecting that the yen will be strong until they end negative rates after that it will prob cool down a bit since they said they only will do it once for now

echo kiln
#

We shall see

rough jungle
#

alert just woke me up, UJ done be dirty after i went sleep LOL

agile citrus
rough jungle
#

tempted to stay up for couple hours now and make back my instant loss (:

echo kiln
rough jungle
#

isnt going my way HAHA

#

what a way to waste a good days profits

blissful leaf
rough jungle
#

now got my tp at my entries 3LON ima set a 5 pip sl and go bed sod it, either wake up with most of days profits gone or be down minor

proper peak
#

Look at DXY

rough jungle
#

lets see what the markets got going on this morning before NFP

rough jungle
#

thats last nights revenge trading made back 🙂

sterile oracle
#

So Biden managed to make a decent speech.. on other news... I am very concerned about wormshttps://www.msn.com/en-gb/news/world/worms-living-near-chernobyl-nuclear-plant-have-developed-a-super-power/ar-BB1jvuw5?cvid=7befc534fdee430788908c2b5f5d3b22&ocid=winp2fptaskbar&ei=60&sc=shoreline#comments

#

If these worms rise up USDX may be attacked!

#

also Dr P had little input of note

#

I am becoming bored of waiting for XAU to adjust...

rough jungle
#

concerned about worms 🤣 have you seen the report about the wolfs near chernobyl, they've developed cancer resistant anti bodies apparently. How are your gold trades looking

plucky stag
#

Good morning

rough jungle
#

morning buddy

plucky stag
#

Sit and watch day for me. I dont like current movements of dxy

#

fed been saying bs all this time

#

There is no way rate cuts in june

#

At best q3 or during elections to pump the market during that time

#

or maybe he secretely into crypto and wants to pump it with btc halving lol

rough jungle
#

i caught some quick pips earlier, will prob watch market for rest of the day unless something tasty comes along. But definitely wont be trading after 11am so it gives my trades time to get BE if im in any

#

i need to start watching dxy tbf it'll help with my usdjpy pair

plucky stag
#

Yeah it is a must

undone imp
#

morning

sterile oracle
undone imp
#

this morning AUD strong USD week... im looking for a scalp there. what are you guys looking at?

sterile oracle
#

on the wolves near the C zone, I have not not heard this, also I am not totally sure the zone is real as non of us can visit!

#

I am going to play with EURUSD...

#

some intesting news yesterday

rough jungle
sterile oracle
#

XAU / Nas... are USDX driven me thinkgs?

#

thinks

sterile oracle
#

When you hit a stage that the electorate are relieved that he can get through a speech and have an opponent who is facing criminal allegations and no other choice in hand... It reminds you of a weird Nixon time era or total farce...

#

at least we have XAU...

trim crystal
#

Morning

trim crystal
#

NFP might do the trick who knows

rose surge
#

or the more likely scenario: it's going up since it has been going up for 7 days in a row

trim crystal
#

If it goes up from here it will hit around 2284

#

It depends on the news

worn hatch
#

Morning fam ☕

#

Does not have any resistance on the top and no idea where it is heading in Gold

rose surge
#

Short eurusd gunning for 1.0897, may close pre NFP depending on where we're at

sturdy mulch
#

@trim crystal but daily, weekly and monthly is bullish. We need some signals for sell.

#

I would never trade on NFP because it is very volatile

#

@rose surge why are you short? I would understsand

#

at the moment we are on d1 bullish

rose surge
#

Depends, im fine holding a swing based on the 4H through NFP or CPI or w/e

sturdy mulch
rose surge
#

And did a lot of number crunching in in excel

sturdy mulch
#

can you show me your screen, because I want to learn and understand this, thanks

#

Maybe I am to focused on higher timeframe

sterile oracle
#

This whole XAU thing... hmmmm

#

I have to sell more BTC and Lite coin to fund this sillly gold thing

worn hatch
#

Why did you intraday on Gold that too on sell

#

Thank God I am proud Scalper .. I always sleep in peace 😴

sterile oracle
worn hatch
#

Wake up whenever and trade anytime too

sterile oracle
#

Well as a keen gardener, I am sure you have found inner peace...

#

I am more of a kebab of chaos..

#

however, I note that despite the draw down of 7 days, The Creator will take a day of rest allowing XAU to correct.

#

I think the higher news chaos is complete.

#

so I will short more soon...

#

GT > 2200 will not be accepted or expected...

green bluff
#

morning!

trim crystal
#

If 2117 broken, maybe 2105 then 2088, but I don't think it would drop more below 2080s

undone imp
rough jungle
#

missed my AJ entry

#

making coffee

trim crystal
rough jungle
#

FML

trim crystal
#

Us100 close to ATH again

undone imp
rough jungle
#

awaiting this for a 4th touch hopefully, missed my 3rd touch

oblique siren
#

morning all 🙂

undone imp
rough jungle
#

yes, going for a 3 pip sl too

trim crystal
#

Thanks to NQ from yesterday, %30 up today 🤣

sturdy mulch
#

@undone imp you used Supply Zone correct in your screen?

#

Euraud is also short in D1 Chart trendline broken

green bluff
#

DXY bounced on the Daily gap

rough jungle
#

my coffee cost me a serious amount of money lol

#

painful to watch

sterile oracle
#

9 HH and no droppsssss

#

XAU needs to drop it like its hot...

undone imp
undone imp
rough jungle
undone imp
rough jungle
#

no i missed it lol

#

but it would of hit my 10% tp, ah well no loss is a win

#

next weeks another week 🙂

undone imp
#

I stayed out since im not keen on reversals

rough jungle
#

ah i trade whatever tbf but i like the reversals being at key levels

undone imp
#

AJ still has room to move maybe down to 97.500 i think

rough jungle
#

im not looking, ive fallen out with AJ lol

#

and UJ

#

spending the day going over the last two weeks of UJ/AJ to improve and train the eyes 😎

trim crystal
#

So we hit 2170, now depending on the news we are either going to see the path to 2280-2300 or it will drop to 2120s

trim crystal
#

Yup

rough jungle
#

want to sit it out but part of me doesnt ha

trim crystal
#

I will open positions on both way with a bit gap around the news so I don't get into the wrong way early

rough jungle
#

haha 5sl 50tp either way and hope slippage doesnt whack you

trim crystal
#

Also NQ could be interesting today, around ATH

#

My broker is quite nice actually no comission, astronomically minimal spread

rough jungle
#

yeah mine is too which i like

trim crystal
rough jungle
#

ive heard a lot in this community talk about no sl haha

trim crystal
#

SL is a friend but sometimes it can be sinister enemy especially around liquidity zones

rough jungle
#

yeah the amount of times ive been tagged by 1-2 pips then hit TP annoys me

worn hatch
#

@sterile oracle Where are your SL for all your sell trade for now in Gold?

rough jungle
#

prob taken off sweatkek

green bluff
worn hatch
#

Seems soo

sterile oracle
#

i am not closing on SL!

#

never look SL in the eye.. always look at the floor

trim crystal
sturdy mulch
#

@sterile oracle is this demo?

sterile oracle
#

it real

trim crystal
#

He has enough bitcoin to buy all turkish restaurants in UK

sturdy mulch
#

I wish you good luck @sterile oracle maybe we will see your tp but if you reach 3001 your account will be crashed. Longterm 3000 would be possible, short term I think we will see lower prices

radiant sinew
#

Gold to 2200

sacred cobalt
# sterile oracle

The more is push weirdly up like this the harder it will drop but when and I think you will margin call before 3000 with those big lot.
Good luck.

strong snow
#

Trend is NOT your friend

green bluff
sacred cobalt
rough jungle
#

be interesting to watch gold at 1:30 for sure

sturdy mulch
#

This is my plan

#

I would not right now long or short

sterile oracle
#

this is fricken red HH

#

danger danger... low voltage..

trim crystal
#

Also check out US500 US100 too today, there will be opportunities

sterile oracle
#

US100, I am waiting for

rough jungle
#

engaged at 92 damn, guys still got it 🤣

sterile oracle
#

could be a tax thing..lol

#

get rid of assets..

rough jungle
#

i reckon hes just still filled with testosterone kekw

sterile oracle
#

if you look at each professional NBA player etc, they lose all their money in 15 years after retirement

rough jungle
#

but no on a serious note i agree

#

always is the case when your rich for tax evasion

sterile oracle
#

a rich person never really divorces...

#

their ex wives are supportive...

#

there are many trust funds inheritance yadda

#

its about protecting wealth..

#

speaking of which...

#

where is my XAU short!!!

#

I only buy kebabs. wives are expensive

rough jungle
#

i reckon it'll plummet for nfp

sterile oracle
#

well

#

the optimal is 2065

#

or US 103 USDX

#

but I will accept 2075

#

but then I will be sour faced.

#

so.. like this...

#

i need this double zone

#

is been 7 fried chicken days

#

2pm

#

...

rough jungle
#

if all them hit tp, holy! ill be off in the sunset for the rest of the year

sterile oracle
#

well lets see

#

as I will collect any profit and wont be greedy

trim crystal
#

Damn those swaps bricked up 😄

sterile oracle
#

i dont like my broker

#

too expensive

#

but this is 500x

#

so expensive

trim crystal
#

Even for a week, seems expensive

sterile oracle
#

yes

#

maybe I should be a broker...

#

ok I offer 8 billion leverage and charge 32 trillion dollars are trade, buy one get one free>?

#

good business idea?

#

all brokers cost a lot when they offer leverage

#

in the Uk they make you take an exam to get 30x leverage

rough jungle
#

yeah LOL

trim crystal
#

So 32 trillion dollars per trade might be realistic in year 2124 depending on the inflation, but right now? Maybe

sterile oracle
#

well, we need a lot of $$ printing

#

we might run out of ink!

#

31 trn is currently here

trim crystal
#

I am using 200x leverage, I found my sweet spot

rough jungle
#

think my funded is 1:100

trim crystal
#

100 is kind of standard I guess

rough jungle
#

i dont need more than that tbf placing one trade at a time