💱forex-chat

[shy trench]

Idk trading crypto.

[icy wraith]

it's like a whole different world of trading

[pearl belfry]

I do enjoy the luxAlgo chat learning how to do it I’m in the wrong chat too 😂😂 I trade futures us and forex have too much going on

[shy trench]

To manipulative

[icy wraith]

crypto is the in between of stocks and forex

partially news based and partially pattern based

[rough jungle]

If I tried crypto I’d blow my funded account

I’d try doing 40 lots on btcusd

And getting burnt straight away

[icy wraith]

im sorry what is lots again?

[rough jungle]

Stick to what your comfortable with I’ve never understood futures lol

[icy wraith]

this is a word i've never seen before

[rough jungle]

Lots is your lot size you use when trading say forex

[icy wraith]

example?

[rough jungle]

So say you got 100k account and risked like 7 pip stop loss

Your lot size would be 20.0

[pearl belfry]

That’s how I felt about forex I would look and be lost…Futures reminds me of options

[icy wraith]

🤔

[hard flower]

@pearl belfry which broker do you use for futures?

[icy wraith]

and the lots would be worth how much money in that case?

[rough jungle]

Options/futures is the hardest to trade but then again I’ve only ever traded forex so I’m comfortable with it

[pearl belfry]

Ninja Trader

[rough jungle]

100k account - 20 lot size - 7 pip stop loss = like 1k loss

= 1% of your account

[icy wraith]

ah

[hard flower]

thanks

[icy wraith]

oh lots is %

[hard flower]

I want to trade binance futures but im in the US so sad

[rough jungle]

A few people here don’t use stop loss

[icy wraith]

lots is basically like leverage yes?

[rough jungle]

But when your funded

You have to use stop loss

Because of the rules

[icy wraith]

interesting

this seems like different terminology for similar methods of trading with crypto

[rough jungle]

Crypto I have no idea about lol

[icy wraith]

crypto traders would use leverage and percent gain/loss for stoploss

[rough jungle]

I wanted to learn it

So I can trade depends

[icy wraith]

so your 20 lots

[rough jungle]

Weekends

[icy wraith]

would be 20x leverage

[rough jungle]

Because I get bored

You know your a trader when you prefer weekdays to weekends

[icy wraith]

haha yes.

thats the interesting thing because

[rough jungle]

But I’m off Ireland this weekend 🤣 then Italy in couple weeks

[icy wraith]

it is highly recommended to avoid trading crypto on weekends

[icy wraith]

wow.. you must be making good money from trading

[rough jungle]

Today 😉

Yesterday

[icy wraith]

why down?

[rough jungle]

But we have good months and bad months

[icy wraith]

ah

is forex a timed contract per trade?

[rough jungle]

Some months in negative

Not really

[pearl belfry]

I’m in the US as well….I like them so far atleast I can call them when needed cool ppl …and they don’t play about money at all

[rough jungle]

I insta day trade tho

[icy wraith]

the "sell in" is basically a due date yes?

[rough jungle]

I trade basically 5am-2pm

Like being out of market after that

[pearl belfry]

I’m trying to be like you when I grow up and travel 😂😂‼️

[icy wraith]

wow

sounds like a stock market trader to me

[rough jungle]

You’ll get there. Trading is a marathon not a sprint

[icy wraith]

pre market and post market

[rough jungle]

Don’t listen to insta gurus LOL

[icy wraith]

don't chase altcoins

[rough jungle]

I lost thousands when I first started following signals

Not knowing how to trade

[icy wraith]

was it because of the signal provider

[rough jungle]

Took me roughly 5 years to be profitable and be full time trader

[icy wraith]

or how you interpreted the signals

[pearl belfry]

I have to remind myself that…it’s very humbling

[rough jungle]

I believe you’ll get there! It’s a slow process. One step at a time

People try turn £300 into 300k overnight

[icy wraith]

haha thats funny

[rough jungle]

And don’t understand where they going wrong

[icy wraith]

i learned that one the hard way

[rough jungle]

So did I

[icy wraith]

sometimes its the only way to learn

[rough jungle]

I spent years following insta gurus

[icy wraith]

really.

[rough jungle]

Losing thousands

[icy wraith]

i just followed my own intuition

[rough jungle]

Then I learnt to trade myself

And know how I can learn

If my trade goes wrong or not

[shy trench]

And now he is following me instead of insta gurus

[rough jungle]

I ain’t following a signal blindly

[icy wraith]

😂

[shy trench]

https://tenor.com/view/dumb-and-dumber-dumb-and-dumber-gif-jim-carrey-dumb-and-dumber-jim-carrey-jimcarrey-gif-13624953691709811452

[rough jungle]

This idiot is waking me up

🤣🤣🤣🤣

Dumb and dumber over here

LOL

[pearl belfry]

😂😂😂

[icy wraith]

funny gif

[rough jungle]

Yeah turn your notifications off if @shy trench is about

Wakes up you and convinces you to place trades when you don’t even know what day it is

[icy wraith]

lol

danny are you going to participate in the bitcoin halving bull run?

[pearl belfry]

😂😂😂 y’all are funny

[rough jungle]

Yeah don’t be like me lol

[icy wraith]

it's already recieved way too much attention

[rough jungle]

No lol

I told a bitcoin at 20k

And regret it since

Don’t get me started on crypto

[icy wraith]

ah

[rough jungle]

I’m all forex now

AJ/uj my babies

Sometimes they like me. Sometimes they have a tantrum

Either way I love them

[icy wraith]

when you create an emotional attachment to a currency pair

you know you are a real forex trader

[rough jungle]

AJ/uj

[hard flower]

How long do you normally stay in a trade?

[rough jungle]

I’m there twin

[rough jungle]

Not long I try close out before close

Apart from yesterday

And my prop firm had my pants down

And may as well of taken me for a ride

Hence the 1.4k swap

[icy wraith]

would you consider forex simple

i can't imagine any news affecting the price of forex

[hard flower]

lmao so basically not really that good to swing forex trades overnight

[rough jungle]

You know what I tell people. Forex isn’t easy

People go uni for 3 years to learn a skill

It’s the same for forex

[icy wraith]

😂

[rough jungle]

Took me 5 years to be profitable

You see all these insta gurus with lambos

[icy wraith]

highly possible luck

[rough jungle]

Turn 300 into 100k overnight blah blah

If trading was that easy

Everyone would be rich

[pearl belfry]

The Gurus looked too good to be true plus I knew they was making money off of YouTube

[rough jungle]

It’s hard

[icy wraith]

not everyone knew we can buy etherium or bitcoin for pennies

and it would reach near 100k 10 years later

[rough jungle]

My mate does it

He does referral brokerage etc

[icy wraith]

referral brokerage?

[rough jungle]

It’s like a conveyer belt

He gets money for each sign up

He’s shit at trading

[icy wraith]

i've always imagined those jobs are stressful

[rough jungle]

But there’s always more

[icy wraith]

like a movie where you're making thousnads of calls a day

[rough jungle]

He had a Lamborghini

They see his car

Oh he knows how to trade

[icy wraith]

psychological ofc

[rough jungle]

No he knows how to market

Dumb idiots lol

[icy wraith]

no one makes more money than brokers

all the commision they get from failed traders 🤑

[rough jungle]

I also think if your a successful trader

Why do you need to sell signals or have sign ups ?

The moment your making is enough

[pearl belfry]

Greed

[icy wraith]

interesting thing thats always caught my interest

i feel it does have to be a greed factor

[rough jungle]

Human nature greed is but still people who want signups etc

[icy wraith]

consider you sell people for $100 a month and you have 700 people in your group

[rough jungle]

They ain’t traders

They marketers

[icy wraith]

whats interesting to me is

where are they getting their signals from

[rough jungle]

There whole business plan resolves around the pyramid scheme

[icy wraith]

obviously these people have legitimate signals for such an expensive price

[rough jungle]

Time people realise they can’t trade

There’s more to take their place

[icy wraith]

is it just a price manipulation?

[rough jungle]

That’s brokers who manipulate price

Signals is another story

[icy wraith]

interesting

i don't understand how signals would be a scheme if it works for many people

[rough jungle]

Let’s sell a course to teach people how to trade 👀

[icy wraith]

youtube ofc

those are free

[rough jungle]

It doesn’t

[icy wraith]

then why are so many people in the group?

[rough jungle]

They get paid for introducing people to their broker

[icy wraith]

hm

[rough jungle]

And then the broker pays them whether the client has losses or wins

[icy wraith]

obviously the client has to make money

to continue trading

[rough jungle]

They don’t

They realise and quit

[icy wraith]

oh

[rough jungle]

But there’s always more newbies

Who take their place

And because they have lambo etc

[icy wraith]

is this with crypto and forex?

[rough jungle]

They are obviously a good trader

But in fact they make the money of introducing you

[icy wraith]

i see crypto groups sharing their profits

[rough jungle]

To their broker

Not their trading

[icy wraith]

oh..

[rough jungle]

I mean my mate is doing well. Better than me

💯

[icy wraith]

well... there is the dilema we are facing here

[rough jungle]

But he’s not a good trader

He just realises on social media etc

To get more clients

[icy wraith]

imagine a professional trading accessing the analyst team here

and making the same claima bout this server

this is where things get interesting

[rough jungle]

But that’s where social media plays a part. It’s so ingrained in our society these days

Everyone compares their life to someone else’s

It’s toxic

[icy wraith]

ah you reminded me of someone

the man who lead a generation of luxury marketters

has to be the king of this sort of marketting

Andrew Tate

[rough jungle]

Never been compared to Andrew Tate before but he says it how it is

So many people hate him

But he’s real

[icy wraith]

andrew tate has these money making methods

but if you listen to his words carefully

[rough jungle]

I have no social media because it’s just shit

[icy wraith]

he doesn't really believe in the ways he markets people towards

[rough jungle]

I know influencers with 200k+ insta followers

Look at their instagram and they happy

In real life they depressed

It’s just fake shit

[icy wraith]

it's interesting the way energy concentration works

[rough jungle]

People on social media only post their good times

No one posts their struggles

[icy wraith]

psychological manipulation is at an all time high

this tiktok ban is doing something good.. hopefully...

[rough jungle]

And if you did post your struggles

You’d get judged

This generation = society fucked.

[icy wraith]

ofc

[rough jungle]

Everyone is too social media obsessed or care about what people think

Imo

[icy wraith]

as you improve yourself

the opinions of others slowly loses value

[rough jungle]

I hate the idea of social norms etc

[icy wraith]

this is the root of the gap between poor and rich

[rough jungle]

You not got a house at 24. You’re a failure etc. everyone goes through life differently

[icy wraith]

broadcasting messages that degrade and destroy values

[icy wraith]

if you dont mind me asking how old are you?

[rough jungle]

You could have me all night talking about how society is fucked 🤣

[pearl belfry]

I’ve been thinking about deleting social media bc Im starting to hate it

[rough jungle]

30

[rough jungle]

It’s bad for mental health tbf

[icy wraith]

30 is a good age to be successful

i'd rather be 30 and successful in forex

[rough jungle]

You see someone your age doing better than you and it makes you feel shit

[icy wraith]

than be 25 successful in a 9-5 job

[rough jungle]

Why am I not doing that? Etc

[pearl belfry]

I try to stay away from the comparing ….but it’s the same stuff everyday

[rough jungle]

Look at all the billionaires. Most dropped out of high school. Some didn’t even start businesses till 30+

[icy wraith]

billionaires come from two key cooncepts

psychological unbalance being way too strong in certain areas, and luck

[rough jungle]

At the end of the day on social media. There is always going to be someone who is more successful, richer, prettier than you blah blah

[pearl belfry]

My father is 54 and his trucking company just now up and running without him

[rough jungle]

Just don’t compare yourself

Everyone goes through life differently

[pearl belfry]

It takes time

[icy wraith]

well.. in my opinion

if you can afford whatever you want whenever you want that is a good life

[pearl belfry]

And that’s why I don’t really have women friends bc some compare so much

[rough jungle]

You know what. If you’re paying your bills and your happy. That’s a good life

As long as your happy and your bills are paid

Who gives a f

[icy wraith]

if you can wake up in the morning with a roof over your head and no concern for money than you are fine

[rough jungle]

Exactly

[pearl belfry]

Facts

[rough jungle]

There’s always people is worst conditions

[icy wraith]

some people live better lives than us and they have 0 money

[rough jungle]

Appreciate and be grateful of what you got

[icy wraith]

they live in societies where material objects have no value

[rough jungle]

Not what you not got

Being materialistic is part of modern society

[icy wraith]

ill be fully honest

if i can afford it i'd be driving a lambo almost every day

[rough jungle]

People would rather dress in 3k of clothes and have 0 in the bank

Than have 3k in the bank and look basic

You know why? People wanna impress other people

[icy wraith]

what were we doing when clothing brands were making millions

[rough jungle]

LV has got rich of people going broke to look rich

[icy wraith]

if only we knew back then what affect commerce would have

it's. very interesting to me that your mindset and way of thinking does not seem like one of a trader

how did you get into trading?

[rough jungle]

Through instagram gurus

Wanting to get rich quick

[icy wraith]

the get rich quick schemes

[rough jungle]

Risking maybe 50% on a 300 account

Etc

Like everyone does

Human greed lol

[pearl belfry]

Same

[rough jungle]

And seeing these guys driving lambos etc

I wanted that

But then after years of losing money and not able to improve

Because I was entering signals blindly

I went to London and learnt to trade

[icy wraith]

london?

there are college classes for this?

[rough jungle]

No

I paid 5k for some in person course

[pearl belfry]

Hmmm you invested in yourself

[rough jungle]

Who taught me the basics etc

So I learnt from then

[icy wraith]

i paid about $1000 to coinbase in losses

to really get a better understanding of crypto

😂

[rough jungle]

Now I’m a pattern trader. Even Friday I journal the trades from the weekend

[pearl belfry]

How 😂😂😂

[rough jungle]

And see what went wrong etc

[icy wraith]

never come to america with that

[pearl belfry]

That how was not supposed to be there

[icy wraith]

the IRS would be very happy to see your profits

[rough jungle]

Haha. HMRC already rinses me

[pearl belfry]

I’ve been thinking about to how to handle the irs when I become profitable 😂

[rough jungle]

On my profits

[icy wraith]

im trying to work on binance... if you know what i mean..

vpn and connections and all that and yeah..

[icy wraith]

which country?

[rough jungle]

Uk

[icy wraith]

ah

[rough jungle]

I don’t agree with the 40/45 % tax tho

Hence why I got a limited company etc

[icy wraith]

look i would have no problem with taxes if they were 10%

[icy wraith]

what is a limited compny

[rough jungle]

Can only speak from uk tax laws etc

[pearl belfry]

Weird question how do y’all feel about indicators??

[icy wraith]

indicators changed my way of thinking

[rough jungle]

It pays for me to have a limited company and pay myself a salary and get dividends etc for tax relief etc

Than be a sole trader

[icy wraith]

it's not about which indicator its about how you use the indicator

[rough jungle]

But I like countries like Dubai with no tax restrictions etc

[icy wraith]

thats my goal

when you reach a point where your taxes can buy you a first class ticket

[pearl belfry]

Ok gotcha

[rough jungle]

The indicators are good. It’s just finding your own strategy using them

[icy wraith]

thats when you re evaluate your residence

[rough jungle]

And sticking to it

[icy wraith]

i wonder how difficult it would be to get citizenship in dubai

[pearl belfry]

Ok thanks for y’all point of views

[rough jungle]

If you have money

[icy wraith]

i assume tax lawyers can help you out with that one 🤔

[rough jungle]

1m Durham or whatever gets you 5 year visa

Which is about 200k gbp

Your investing in their country

[icy wraith]

gbp?

[rough jungle]

So they like that

[icy wraith]

hold on lemme convert this to usd

[rough jungle]

Prob like 150k usd

250j

[pearl belfry]

It’s either bora bora or Dubai it’s hard to get one

[icy wraith]

270k

[rough jungle]

Yeah

[icy wraith]

honestly

[rough jungle]

You invest in their country and they look after you

[icy wraith]

if im making million off of crypto

i have no problem giving 270k as a low tax investment

[rough jungle]

Bora Bora on my bucket list

Once my knees fixed 🤣🤣🤣

[pearl belfry]

Yes mine aswell

[icy wraith]

why is it so much money though

why so much money for a visa?

[rough jungle]

It’s not in the grand scheme of things. You can prob get a visa another way

But I’ve only researched investing in their properties

[icy wraith]

oh i see

dubai properties in 10 years -->

[rough jungle]

And you can claim domicile there

So live there 6 months of year

[pearl belfry]

Well I’m getting tired hope y’all have blessed night and blessed day trading

[rough jungle]

Live uk 6 months of year

And pair Dubai taxes which are 0

[icy wraith]

i wouldn't mind living in dubai for 3 months in the winter

[rough jungle]

Although

They’ve Just changed it

I believe

For foreign people

[icy wraith]

i don't know about that

[rough jungle]

Maybe like 4k a year tax now

[icy wraith]

i heard dubai has a capital tax rate of 5%

[rough jungle]

See you tomorrow. Night

[icy wraith]

no matter what just from 2-3 years of dubai citizenship you will save much money in taxes

[icy wraith]

you too!

[rough jungle]

Dubai is good. So is Bali etc you can get a 5 year working visa there etc

It just depends what you want as an individual etc

But the rich avoid tax and the poor get taxed the most

Which is unfair

I hate the whole system LOL

but anyway back to bed. I’ll be back here in 3 hours 🤣

[icy wraith]

i might not be on the chat in 3 hours

anyways nice chatting with you

night.

[rough jungle]

You too! Enjoyed it. Night mate

I’ll be active in 3 hours for like 12 hours 🤣

[icy wraith]

the life of a trader: never getting proper sleep

you want to sleep, but then you might miss out on a trade opportunity

[rough jungle]

Haha I was asleep

@shy trench woke me up

And then it just snowballed from there

[icy wraith]

lol

[rough jungle]

And I’m in a loss on his trade but oh well

[icy wraith]

wow

i've kept you up for an hour

i bet you wish you could take backthat time

with 1 more hour of sleep

[rough jungle]

It’s cool if you was boring I’d of just gone bed

You got me on a tangent moaning about society

🤣🤣🤣

[icy wraith]

😂

[rough jungle]

And if I wake up in a loss then Berserker getting banned for a day

Jk 🤣

[icy wraith]

uh oh

[inland fog]

uj

[sterile oracle]

I can say this, the holy cows are not comfortable to sit in...

[icy wraith]

how about i be the judge of that.. you can pick me up for a ride whenever you want

[sterile oracle]

The thing is I would be very late as I would have to go to a gym and go on a diet...

Today is a decent XAU day...

[icy wraith]

i've never traded forex or futures

any day is a decent day for gold as long as u buy and hold for 10-20 years 🤔

[sterile oracle]

i have not done futures, but Forex I have.

[icy wraith]

xau is not gold?

[sterile oracle]

On XAU i trade it and quite short term

XAU is gold indeed

[icy wraith]

if i could live for a couple thousand years

i would have a 99% success rate

[sterile oracle]

Do you under stand quant and the history of gold vs, modern currency?

[icy wraith]

🤔

i have to answer this question theoretically

[sterile oracle]

here is my 5.50 am history lesson

[icy wraith]

if say 10 years from now the government had stricter regulations

[sterile oracle]

First I must as one question.

who do you think is a banks customer?

[icy wraith]

and say we just kept printing money to support war allies

i would rather pay all my transactions with cryptocurrencies and or gold

[icy wraith]

be more specific with that

[sterile oracle]

ok to be more specific, when a bank acts in the interest of a third party, who is that ?

even more precise, what was the first bank and why was it formed?

[icy wraith]

hm

im not much of a book smart sorta guy

i hate reading

im gonna have to say it was formed by a bunch of old rich white dudes so they can get richer off of interest rates

[sterile oracle]

The approach will put you in your early 20's

Ok... he we go... history 101 as the North American type say...

In biblical times, there were many stories of the the tax collectors. They would go by horse etc and the day before the sabbath, would collect dues to which ever crown. In those times it was Rome,

However the approach of humans is similar to basic need.

Those who can command control, can take from weaker.

The first bank was formed in the UK

Lloyds

to control anything from Grain, precious metals to that of land etc requires organisational domminance and combined with compliance.

Humans need to have war and need to create industry.

traditionally this was based on farming land etc.

There is a way to understand this and while you dont like reading, you are reading what I am writing...

A bank is there to collect revenue for the collective of your economy to take from others

There is nothing to stop a bank from limiting what you perceive is your money and the idea of customer service does not exist.

Gold was used for calculating the wealth of a country or a society. It was used to allow trade of even cattle etc.

what Forex is has not context relating to gold in theory.

Thats simply because of what Nixon did

then John Major..

Say if you are from the UK, take a 10 pound note or 20... read every word carefully

its essentially a bond or agreement and is paper..

however since the 70's many old empire names removed themselves from the "gold standard". Quant easing was used to create the illusion of wealth. However, it created the reality of debt. Note though, this concept is flawed as you can create or print such wealth and further there is a debt to be paid with debts. This is a delecate balancing act that forms the foundation of how I view Forex or trading any commodity.

[icy wraith]

e..

[sterile oracle]

When Nixon understood the huge debt levels the USand A had, he simply said ok forget gold and printed... However, understand that Nato used many proxy wars to force emerging economies to peg themselves to the USD. The implication being that the US and A can print what is needed to fund resource.

I would recommend you begin to read Noam Chompski

[icy wraith]

i have bigger problems than reading about golds history

😂

[sterile oracle]

well you asked.... lol

i normally trade in kebabs

[icy wraith]

huh

[sterile oracle]

your bank is not your friend, they are simply tax collectors.

[icy wraith]

actually i didnt ask

yeah i know that...

currently working on a way to avoid such a situation

[icy wraith]

oh i did ask

brb

[sterile oracle]

perhaps I missunderstood your very clear request.

[worn hatch]

Since an hour you been chatting with ourself.. wasaap ?

Morning fam ☕️

[sterile oracle]

good morning...

if I dont speak to myself... I fear the silence

🙂

[worn hatch]

Yeah indeed

[sterile oracle]

question.. can you reduce price of gold..

i am selling.. as always

or did you already start gardening?

i have been watching my daily downdown.... there are many words to learn..

[worn hatch]

Gardening is not the thing for now

[sterile oracle]

its raining too much

[worn hatch]

I'll scalp during NY session

[sterile oracle]

do you have a top list... I will scalp with you

[worn hatch]

If you look at 4h TF .. candle is stuck at 63-64

It's a sell trade overall

[sterile oracle]

i agree

my issue is i predict direction too early

and eat margin

[worn hatch]

But then we may wick up for SL hunting to fall down

[sterile oracle]

on Friday I think many traders try to close trades lose or no lose..?

[worn hatch]

Market is in control.. if it price has to fall 1st it will go up and then down

Same for a buy trade

[sterile oracle]

agree

but I watch people to help me trae

trade

when you start to see hype you have to go the opposite way

but if you do it too soon your margin is absorbed

[worn hatch]

You will come out with flying colors amd your minus $30k would be above $50k for sure

[sterile oracle]

just to confirm my draw down is going to 50 kkkk>?

nooooo

[worn hatch]

I meant you would be profits of $50k

[sterile oracle]

ah yes

i had a sneaky feeling this could be possible

but its taken ages

i have been tortured for 10 days

[worn hatch]

Overall would be $120k+

[sterile oracle]

i posit you right as thats why my book looks like this..

[worn hatch]

You will sleep in peace after that

[sterile oracle]

the question is when...

i cant sleep

so I will need to create more drama

the Uk market is much more lazy than we know and the Asian market is a consolidator... that 2 hours of madness when the US and Uk are together... causes many interesting results

i make most of my scalping profit during a 2 hour period

[worn hatch]

1 hour overlapping right ?

[sterile oracle]

yes

many of the trading decisions we make in UK Am time, become true in US and UK time...

or infact the opposite

[icy wraith]

hm

ur account is negative?

[worn hatch]

Indeed yeah

[worn hatch]

He will come out in positive soon

[sterile oracle]

the concept of a draw down on an account does not mean you cannot earn from it

So while my draw down is consistent... I am taking away from the scalps

this allows kebab production

its how any country functions..

[icy wraith]

🤔

negative is good?

[sterile oracle]

think like this... if all countries are in debt, how do people live?

[icy wraith]

ah.. i think i get it

[sterile oracle]

further negative is not good or potentially a view to a confirmation

[icy wraith]

if your account is negative and you're losing money then that is good

[sterile oracle]

no its called carrying a debt that needs to be paid

it allows liquidity

[icy wraith]

🤔

[sterile oracle]

just because an open position is currently negative does not mean it should always be that way

also every trade can be losing at one point before positive.

[icy wraith]

so what you're saying is that

your account is not -35000

[sterile oracle]

this basic understanding of margin control is key

[icy wraith]

its just your positions that are -35000

[sterile oracle]

i am saying that there is another number on my account much higher

[icy wraith]

yes yes

i think i get it

ur position is just experiiencing technical difficulties

[sterile oracle]

at all times, every position opened exposes you

if your timing is perfect then you will have little draw down.

if you are able to withstand then wait until it is trye

true

[icy wraith]

so basically

you're going down with the ship

hoping that unlike the titanic, it makes a comeback

[sterile oracle]

no correction, I am making the ship go down

[icy wraith]

😂

[sterile oracle]

by the way there were two titanics, and these were insurance based claims

[icy wraith]

i think the rocket has a lot of fuel left

🚀

[icy wraith]

that must explain the spaceships above me house

very large insurance claims

[sterile oracle]

talk to Elon on this matter?

[icy wraith]

shh hes watching

[sterile oracle]

space X?

[icy wraith]

hold on someones knocking on my window

[sterile oracle]

lot of crashes

6.55?

run

[icy wraith]

hello. please reguard all previous messages

all messages about the existance of spaceships are false.

[sterile oracle]

i agree, a ship has to float on water

[icy wraith]

yes. humans are good

[sterile oracle]

no they are not

[icy wraith]

i mean i am a human and i am not an alien

[sterile oracle]

this is getting deep

[icy wraith]

i mean. elon musk is the best

[icy wraith]

😂

[sterile oracle]

the best at what?

and who said this?

[icy wraith]

knocks on window

hey @sterile oracle what happened to you

why are you not responding

elon musk takes over his computer

[sterile oracle]

my ai is not fast enough

[icy wraith]

😂

hey M

what does this satelite mean

"watching +0.02 % | USD/JPY"

[undone imp]

good morning

[prime garnet]

boys

[worn hatch]

Ssup?

[plucky stag]

Slowly scalping gold sells

Got 3 trades 20 pips so far

2170 is a decent zone

Not a big zone but decent for quick 20 pip scalps

Tho i think it has been used alot so far next one will break it

Not bad for a friday i guess

[midnight river]

Down to 2167 ? 2165 ?

[plucky stag]

2167 is the bottom of the current range

[safe forge]

If I bought the service in this channel, do they give a signals every day??

[plucky stag]

it is indicator not signals group

[safe forge]

Oh ok thanks

[sterile oracle]

ok its about time.. on XAU for me...

so

600 kebabs today

Us100 down meh and USDCAd the USDJPY...

ok 3 trades

begin...

now I must see the shapes

welll, a level 3 on a long means Infact I need to go north

[sterile oracle]

so i am selling 2172 xau soon

[midnight river]

Long ?

[sterile oracle]

short

[astral carbon]

That's better luxalgo or algoPro

[sterile oracle]

this is a political question

[oblique willow]

looking at the same area

[sterile oracle]

its showing me a decent short

but when US market opens.. I have to wait more

[lavish knoll]

Hello everyone

Does anyone use luxalgo on EU and GU pairs?

And if so, what winrate does it bring?

[plucky stag]

the winrate depends on you and how do you use the indicators

[lavish knoll]

Cartia and what indicator is the best for forex pairs?

the idea is that I have experience in forex, but I want to improve the current winrate

[astral carbon]

Do this indicators really work

[sterile oracle]

they do not work for free, but you can use them and then you work

[sterile oracle]

we must all confirm, there is no auto pilot and trading is harder than we think...If you have a tool kit, understand it well!

[strong snow]

No

[oblique willow]

sofar so good

[plucky stag]

The indicators have so many things and functions.tailor them to your specific needs.you dont need to use everything in all of the indicators

[shadow mesa]

so you guys took short on 2172?

[oblique willow]

i did...moved my SL to entry going down risk free

[shadow mesa]

Did the same SL on entry soon as it hits 2170 ( still learning )

[plucky stag]

Becareful guys it is fryday afterall

We got news in few hours

[rough jungle]

yeah im tempted to sit out today with news at 2pm

[inland fog]

uj posible going to 149.1xx ~300

[echo kiln]

Everything ok? Anything we can help with?

[sterile oracle]

what the hell!

i am very interested!

i call this down until monday

[daring schooner]

I got mixed signals looking at different pairs USD.

[sterile oracle]

i made decent gold kebabs

[worn hatch]

When it comes to trading any major red folder news like CPI, FOMC, and NFP ... NEVER go into it with any trades.

However trading after it usually gives us a nice volatile move

[obtuse fjord]

Hi

[daring schooner]

I'm 13/15 win loose news trades. They tend to show their hands a bit

[echo kiln]

Welcome

[rough jungle]

sitting both of them out due to news in couple hours though and dont want another -3% slippage on each

[timber sparrow]

https://open.spotify.com/track/10FT4fXNikYNTNldzamLtw?si=27bc81285df84fbf

[worn hatch]

Are we negative to DXY ?

Does the vols increases after the news ? 👀

[rough jungle]

TP hit

0% drawdown haha

shame i didnt take it due to news but the set up was so clean

[worn hatch]

Hello .. how can I help you ?

[rough jungle]

Check out Mickys daily LIVE: https://discord.com/channels/641770286638694402/1178430832151638077

[inland fog]

UJ

choch+

[rough jungle]

that long after its pulled up and retraced will be a high probability trade 🔥

[plucky stag]

ye uj is long since yday

it hit close to 149

ideally it should touch 149 but oh well

[timber sparrow]

so this is not forex sir

[worn hatch]

Sorry I didn't get you ?

[timber sparrow]

bro

i dont need help

thank you.

[worn hatch]

The song or the chat ?

[timber sparrow]

ohhhh

wtf

i posted a song

[worn hatch]

Yes you did

[timber sparrow]

my fault 😂

[plucky stag]

news in 3 min

[trim crystal]

I have an ambush around 5090s on ES for next week 😄

It might come back to this monday's low next

[oblique siren]

Afternoon all

I'm sitting on my hands because of this news

[fresh oyster]

Good morning. I have been watching the Lux Algo free indicators strategies videos and shorts, and I have been testing these strategies on the assets and timeframe shown in the videos, however, I have not found any that are profitable. Has anyone found any?

[oblique siren]

Also I'm travelling so I can't really see the charts

[plucky stag]

i dont even know if news is bullish or bearish

market is feeling mixed i guess

ny opens in 8 min

[trim crystal]

whatsup with this 5 min Eur candle 😄

[plucky stag]

dxy is going up it seems

i want to scalp a gold long

[trim crystal]

That thing destroyed the perfect flag holymolly

[plucky stag]

yeah wait for ny open

atm it is risky

[oblique siren]

This 30 min window before the news is going to be wild

[noble crag]

@echo kiln Are Killzone meant to occur everyday ( London & NY ) I am trying to create a strategy out of it, playing around with different times and I am trying to identify a pattern

But sometimes what happened is when a draw happens on previous Session( sweep 🧹 ) price sometimes doesn’t tend to go to opposite SSL or BSL and just keep moving up/down even after sweeping liquidity ?

[sterile oracle]

gold...

gold has lost

it

[plucky stag]

i am on the long side atm

long 2157

it is risky tho

will see if it works out

niiice

[shy trench]

@rough jungle am i im the bin already

My sl got triggered by 1 pip then moved to first tp 125 🤣

[rough jungle]

i forgot about it LOL

yes your in the bin ahaha

[shy trench]

This week me in a nutshell:

https://tenor.com/view/i-am-the-curse-jim-hopper-david-harbour-stranger-things-im-unlucky-gif-25960215

This whole week my entry’s been missing by 1-3 pips like 4-5 times while the move goes like 50-100 pips profit after that. And now even my SL get triggered for 1 pip and move to tp hahahaha

[plucky stag]

gold 45 pips running 🔥

that was a good trade

i am done for the day you guys have fun and take care

[shy trench]

So im shadow banned for 3 days now @rough jungle

https://tenor.com/view/therussianbadger-banished-shadow-realm-war-thunder-gif-11682091297041960204

[rough jungle]

well that news was anti climate

should of took my trades lol

[shy trench]

Still dollar is strong after yesterday

Fomc next wednesday saying rate cuts will be pushed back dollar will be king again

[shy trench]

Uj & gj & ej forming H&S on 1hr and 15 min. Still at forming the head tho so ….

[rough jungle]

ooo

AJ looking like a short soon

[turbid cloak]

Lets hammer jpy

[noble crag]

😂

UJ is just climbing 🧗‍♂️

[rough jungle]

UJ will continue now to the highs

[noble crag]

It has so many FVGs to eat 😂 on its way up

I am looking at AJ currently

[rough jungle]

AJ should go down

[noble crag]

I am done with Scamdaq 😤

[rough jungle]

but it doesnt want to play ball

[noble crag]

97.900 looks sweet spot

[trim crystal]

UJ is forming the same one as well

[noble crag]

At 98.000 there is half eaten FVG 😂

[rough jungle]

half eaten haha

[echo kiln]

eat?

[noble crag]

Mitigated 🫠 = Eaten - Ate - Eating

[worn hatch]

@sterile oracle How is it going at your end ?

[echo kiln]

ahhhhhhhhhh

[sterile oracle]

there are so somany shorts!

the xau is super down

[inland fog]

niteee...

[hushed kiln]

On trading view which market allows me to trade in all time zones

[worn hatch]

Techinically and fundamentally Gold has to pump .. Earlier news was Negative to DXY but positive to CAD and now news in again negative to DXY but the market is playing another trick around

[noble crag]

Manipulation at its finest ✅

[worn hatch]

@rough jungle TFT migrated both my accounts to Ctrader from DXtrade .. just saw it now 🥳

[noble crag]

NAS shorting in the morning is an indication that gold should pump 😂

[worn hatch]

Any updates on yours @rough jungle

[worn hatch]

Gold is not pumping only

[rough jungle]

not yet im hoping by monday latest ill be on Ctrader

[worn hatch]

just scalping around but the initial entry is no to go profits @noble crag

[echo kiln]

#📈futures-stocks-chat message

[worn hatch]

Did you check your dashboard ?

TFT mentioned that they had 5K user to got migrated from DXTrade to Ctrader

[rough jungle]

yeah i noticed that, ill log into my dashboard now

[worn hatch]

Downloading Ctrader now

[noble crag]

I will let AJ climb 🧗‍♂️ just a little more till my PD array align for a short, not rushing trades it’s Friday 😂

[rough jungle]

still DX atm

annoying, prob end up being middle of next week. God they've gotten slow with customer service etc

[rough jungle]

let us know how you find it

[undone imp]

im using ctrader for my forex account. Its not bad. Ive also got a magic keys keyboard and it pairs nicely. excellent at risk management

ive paid more than i would have wanted for the magic keys . I had no clue it ships from Canada...

[noble crag]

Any thoughts on EUR/NZD GN too ?

[undone imp]

both sitting on the 4h orderblock

[worn hatch]

How much does it cost for the magic keys ?

[rough jungle]

I got the digital magic keys

[undone imp]

I snatched a promo with 30% off and paid 130 usd. but ended up paying 60 bucks on customs

[noble crag]

Didn’t know it was compatible with CTrader

[rough jungle]

The digital version is less than 40 I think

[worn hatch]

Damn on customs

[undone imp]

its great as well sure.

[noble crag]

But I think it’s worth it especially scalping though, taking partials or closing within a click

[undone imp]

exactly. is great at setting partial tp's

[noble crag]

I am still saving up for my next pc setup ( trading & gaming ) would add to it probably gonna cut out on dates 🫠

[rough jungle]

I like the auto break be function etc. so just handy to manage your trade

[noble crag]

Helps alot especially when you have bad eating habits while trading 😂 you never know what’s the next move on ScamDaq 😂 partials & closing helps when you have other setups on screen and you have to go through the whole process to close a trade

[half turret]

I wanna start up my crypto investment

[rough jungle]

Scamdaq 🤣🤣 don’t tell me about the bad eating habits whilst trading haha. Mine are terrible

[noble crag]

EUR/NZD & GBP/NZD 🥷 Short 🩳

2H & 4H ✅

[trim crystal]

I forget eating or drinking, I just sit, does that count as a bad eating habit 😄

[worn hatch]

So Ctrader is something different when login into as you would need to use your TFT email ID to login into ctrader and create your own password and once you logged in then your TFT account is then shown inside the application

[rough jungle]

ooo excited to try it. MY ticket is still in progress

[worn hatch]

It will work on soon by them

Ctrader is amazing thou

Just want to understand what does 100 Oz means in lot size ?

[rough jungle]

i think you got into assets on ctrader and change it to lots instead of units?

[worn hatch]

I need to google research now

[worn hatch]

This is what it says

[rough jungle]

God that loooks confusing compared to mt5

[worn hatch]

Yeah

[rough jungle]

I best research before I end up placing a stupid trade what’s like 10% of the account. I’ll research it Monday. Hopefully get my email by then too

[worn hatch]

I like the news calendar thou within the app

[rough jungle]

That’s cool definitely will be utilising that

[worn hatch]

Yeah

[rough jungle]

I’m sure it’s not that bad it’s just I’ve become so accustom to mt4/5 for years I hate change

[prime garnet]

tf is going on with the eurousd

[rough jungle]

Whereas my mate hes always used Ctrader and hates mt4/5

[worn hatch]

Same here bro .. was in MT4 and then MT5 and now ctrader

[prime garnet]

its consolidating inside a inversion FVG

[worn hatch]

MT5 is ❤️

[prime garnet]

why is eurousd consildating so much

[rough jungle]

Missed my aj entry god damn

Why is it when I go downstairs to cook or something I miss it

[prime garnet]

there is a inversion on eurousd

FVG

i dont spot a OB

[rough jungle]

I’ll whip the chart up in a second

[prime garnet]

or anything else

[proper peak]

Then use IFVG indicator by luxalgo to identify that easily

[prime garnet]

i know how to spot IFVG

and its over 50%

of the FVG

so naturally it would close down on it and continue on the external liqudity

[noble crag]

AJ dropping bars 😂

[prime garnet]

tf

what happend to GPDUSD

that drop all of sudden

did it fail to reach higher high?? liqudity?

[noble crag]

You are not paying attention

EQLs

[prime garnet]

on below?

[noble crag]

4H

[prime garnet]

ahhh

bingo

[noble crag]

Always do your bias from HTF to LTF

Shouldn’t have taken GU trade but ehh I don’t know 😂

[prime garnet]

they should looking for the FVG liqudity now

[noble crag]

Nope

[prime garnet]

i think there is a OB

nope?

[noble crag]

You are here

[prime garnet]

?

[noble crag]

Since it’s just met External Liquidity ( EQLs & Asian Low ) now it’s gonna trace from External to Internal Liquidity so short term ( 15M or Low TF ) Sell Stops ✅

[prime garnet]

yeah

[noble crag]

✅

[prime garnet]

it should raise up

like i said

external ----> internal

then we will see if it forms OB and FVG to go higher

we dont know from there

[noble crag]

127.500 has a OB on 5M so it’s gonna go till there & consolidate

[prime garnet]

i marked it out

[noble crag]

✅

[prime garnet]

i noticed myself

i read too much in a lower LTF

[prime garnet]

i should be looking for HTF since SMC will be trading there

[noble crag]

SMC are done by killing Buyers on ScamDaq already 😂

[prime garnet]

wdym+

0

?

[noble crag]

Look at NAS on 15M 😂

[prime garnet]

😮‍💨

[noble crag]

🤫

[prime garnet]

why are people using trend lines?

when they are ass

[noble crag]

Coz the guy who won Robins Cup only used trendlines 😂

[prime garnet]

yo nick

what is the difference between a CISD and OB

is it like a IFVG?

using a OB but if its not respected

which creates a CISD

[noble crag]

change in state of delivery is when the algorithm changes from a buy program to a sell program, or a sell program to a buy program. These events occur during macros in time at specific levels of price.

[prime garnet]

do they have to do not respecting a OB?

or i dont get it

[noble crag]

CISD is more like a CHoCH

[prime garnet]

they act as a support

?

/resistance

[noble crag]

OB is something different

MSS & CISD are the thing you talking about

Here are some screenshots from mentorship

[prime garnet]

how are they useful?

[noble crag]

I cannot explain that’s it’s just your eyes catch them on chart

Have you finished mentorship ?

[prime garnet]

meh

still watching

[noble crag]

It’s more like a BOS happening

[prime garnet]

TTrades Explains lot better

[noble crag]

He explains but missed crucial info

[prime garnet]

wdym

[noble crag]

So when a sweep happens price breaks previous HHs for example, and forms a BOS

But then after forming BOS price doesn’t move up

Instead 1 long candle ( sell candle ) goes through that forms CISD ( CHoCH+ ) or BOS

• a OB

[prime garnet]

ah

[noble crag]

and starts falling down

[prime garnet]

so CISD is a CHoCH

change of character

[noble crag]

But not as exactly as the one lux prints on chart

[prime garnet]

i know that, but it forms when it does not respect an OB ?

[noble crag]

It’s something after only a sweep happening

[prime garnet]

CISD

we can predict

[noble crag]

Nope it’s just mitigated the OB ( eats it )

[prime garnet]

that price is going to crash down

[noble crag]

Only if it forms a FVG+ or IFVG after the move and taps into FVG

The. You can confirm it’s a short/long incoming

[noble crag]

Something like you just saw on GU

Look at that wick after BOS forming it swept low 🧹 and formed CHoCH

[minor venture]

Why after bullish CHOCH price went down ?

Why after bearish BOS price went up

@glass solar you still need any examples

[shy trench]

Why when I press sell price goes up and when I press buy price goes down

[brazen meadow]

Maybe bearish MoneyFlow

[noble crag]

After bearish BOS price went up coz of previous liquidity sweep on LLs

[minor venture]

[noble crag]

After Bullish CHoCH price went down because you see Red Box on wick ? That means liquidity has been swept

[brazen meadow]

lol anyway it’s bearish CHOCH was at 🐻 with liq grab at bullish MoneyFlow for gold now

[minor venture]

Then what these labels are doing in your charts that doesn't work

[noble crag]

If you know basics on ICT all you need is to know where price is gonna draw next ✅

[minor venture]

Note : I am niether confronting anyone nor offending someone

I am asking what charts you have posted

[noble crag]

Lux Helps to identify them doesn’t mean I have to follow them, I just see price action & lux helps identify them on chart

[minor venture]

What is money flow ? Money coming in and going out ?

[minor venture]

I didn't said Lux does help nor anyone help or anything

[brazen meadow]

It’s PAC try to filter signals by other conditions

5m every bearish BOS and CHOCH closed at bearish MoneyFlow so you don’t have any bullish market structure than that liq at bullish MoneyFlow

[minor venture]

How is market Strcture related to money flow ?

Isn't market structure based on price structures formed with lows and highs

[brazen meadow]

Old crypto 👑 in #🚀crypto-chat once said I wish if you do custom alerts between PAC and oscillator maybe, I’m late lol but 🔜 will share how to setup filter conditions #1128499789437354106

[brazen meadow]

Filter them market structure signals don’t use all

[prime garnet]

@noble crag thanks for the info

[noble crag]

✅

[prime garnet]

i wish i was good as u hahahahah

[sterile oracle]

hey

[noble crag]

Me good 😂 not even close

I still mismanage & take a lot of losing trades

Haven’t passed my phase 1 yet 💀 down almost 5%

[noble crag]

Sup M

[brazen meadow]

That’s my old PAC study,

[noble crag]

Sqeeze on GOLD on 4H 😱

100% 💀

[prime garnet]

@noble crag

looks like the 4h OB is acting as a resistance

gold possibly can be going bearish as of next week

[swift flare]

why ı can chat crypto

[rough jungle]

https://discord.com/channels/641770286638694402/820503399232700436

[swift flare]

ı cant send messeage

should ı buy luxalgo

[prime garnet]

no indicator makes you perfect.

but you can still buy it

its good though

if you know how to trade

i will buy it

[worn hatch]

You need to be subscriber to chat in there

[prime garnet]

@worn hatch

trend line?

[worn hatch]

Yup

[worn hatch]

If you don't like the indicator within 30 days, we give your money back.

No questions asked.

Sign up on our site below for instant access. @Giang

https://luxalgo.com/

[prime garnet]

@worn hatch give the indicator without me putting money

i got trust issues, i once got scammed for 1k

[trim crystal]

@somber pilot bruh do you see how many subscribers here in this discord channel?

Do you think we are all bots or something, helping them scam people lol

🤣

[prime garnet]

LOL

there are 2 types of traders, the ones who are in denial, and those who accept their mistakes in life and learn from them rather then being fucking all emotinal @trim crystal

[trim crystal]

That's not just for a trader, that is a statement that could work in every possible way in your life

So you learned from your mistakes and you are not getting scammed good for you mate

@rough jungle I just realized, you are using bollinger bands sometimes, just for extra confluence to see if your entry touching or reversing from the band like it is from the line too?

[prime garnet]

check GBPUSD

Internal Liquidty then

[rough jungle]

yeah buddy

[prime garnet]

i think External on these consildation area as well EQH