#💱forex-chat

1 messages · Page 123 of 1

hybrid flax
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Morning guys

worn hatch
#

Most of the US firms will perish or either move base to DXB, UAE

pliant copper
#

Gold is playing with peoples lives xD, but yes short is coming up

sterile oracle
#

XAu will correct

#

good morning.

#

it will be using a lot of margin at the moment

mild osprey
#

Wish I stayed long now 😂

undone imp
#

good morning

mild osprey
#

Morning

sterile oracle
#

however with this balimore bridge thing and other geo political issues, XAU has driven up

#

The US need to do their printing and get their interest rates sorted. They have so far committed to 1 interest cut

worn hatch
forest turtle
#

EURUSD is in the 4h BOB and i expect a strong reaction, DXY is about to go sown in my opinion.

sterile oracle
worn hatch
#

Yeah

#

Are you into futures? @sterile oracle

#

I just signed with Apex right now .. working in the payment stuff with tradovate

sterile oracle
worn hatch
#

I just lost two account from TFT thou

sterile oracle
#

futures are high risk right?

#

Asset Variety: While Forex trading exclusively deals with currency pairs, futures trading allows access to a broader range of assets, including commodities, indexes, and interest rates. Leverage: Forex trading offers high leverage ratios, allowing traders to control larger positions with smaller capital.4 Oct 2023

#

from this, it seems there is less leverage on futures..?

#

Spot trading offers tighter spreads but incurs overnight funding fees, so it's better suited to day traders. In contrast, futures trading has wider spreads but no overnight fees, so it's more appropriate for position traders.

#

I am a position trader in theory...

worn hatch
glass solar
sterile oracle
green bluff
#

They won’t be back ?

worn hatch
green bluff
worn hatch
green bluff
worn hatch
#

Trader's life story and that is why I am trying to move into Futures now

#

but I still have my FTMO accounts ❤️

green bluff
green bluff
worn hatch
worn hatch
#

thru Tradovate broker

green bluff
#

Ill take a look

worn hatch
#

its apex trading

green bluff
worn hatch
#

are they two of them ?

green bluff
#

no the other one is different 😄

quick thunder
#

Does anyone know how to swap tokens in the Coinbase wallet, with a high price impact?

mild osprey
#

Getting some terrible signals today. Each time 3/4 signal produced today, with 5/6 comfluences… immediately reverse and smash through smart trail and new cloud

undone imp
#

USD index against NZD index 4h timeframes. USD in orderblock. NZD still has allot of room to freefall

#

always leverage the strongest currency against the weakest and of course enter as per your strategy

green bluff
#

i don't understand the monthly fees then you have to pay for a lifetime fee when funded ?

undone imp
#

monthly as long as you are in eval then either monthly for teh PA account of lifetime fee...

#

the cheep upfront eval cost is not cheep if you pass the eval

green bluff
#

alright! are you trading with them?

undone imp
#

i am

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unfortunately not successfully as ive not managed my risk well

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forex is more preditible

#

futures on indices are wild when you see price swings it messes up with the psychology

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not giving up though... It can be done 🙂

green bluff
#

do you have to use TP and SL for each trade ? Are the rules more strict ?

undone imp
#

every tick represents allot of money.. so you can make money quickly or loose it just as fast

undone imp
junior bolt
#

Is there a trade in gold?

undone imp
junior bolt
undone imp
green bluff
worn hatch
undone imp
strong snow
#

There's difference between mini and micro contracts

undone imp
#

each tick when buying on contract on NQ is 20 bucks

strong snow
#

But all information are freely available on Google 😁

undone imp
#

or selling

junior bolt
worn hatch
junior bolt
#

from where

worn hatch
#

Forex Prop firm

green bluff
junior bolt
junior bolt
worn hatch
#

Ill exit soon thou

junior bolt
#

Ok bro

worn hatch
#

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

No questions asked.

Sign up on our site below for instant access.

https://luxalgo.com/

Markets, illuminated — World's largest provider of trading indicators for every market from stocks, crypto, and forex. Explore our library, get our exclusive toolkits when you're ready. Professionally backtest it all with our Backtesting System.

junior bolt
#

Thanks

rough jungle
#

i just seen this.. i knew it was coming with them not paying out etc LOL thats one 200k account gone 🤦‍♂️

worn hatch
rough jungle
#

sticking with ACG and ftmo now for sure. FTMO wont be going anywhere

junior bolt
#

Gold has an idea or should be bought or sold

worn hatch
junior bolt
#

Check please

worn hatch
rough jungle
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i may even do an OANDA challenge

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as i know they regulated

undone imp
#

@worn hatch did you hold your gold trade?

worn hatch
green bluff
worn hatch
#

Yup $200k

undone imp
worn hatch
#

NY will maniplulate once it opens

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I was already trading near the OB earlier one until the new Support came in now

sterile oracle
#

I take it XAU dumps after this news...

undone imp
#

it was a prime setup.. chock+ on the neo after retest of a breaker

sterile oracle
forest turtle
#

Really enjoyed that kekw

worn hatch
#

Will trade again during NY session

sterile oracle
#

I am very exposed on short now..

#

I may have to close trades

worn hatch
#

100 pips + 40 pips = 140 pips in profits 📈

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Ooh wait

sterile oracle
#

wait to close them?

worn hatch
#

2nd one is 140 pips .. total makes to 240 pips trades

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@junior bolt Where you in the same trade ?

noble crag
#

TFT pausing operations 😮‍💨

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Suggest me some good props though already with FTMO ✅

worn hatch
#

Funded Peaks is good too ... 1 month old

rough jungle
#

prob do an oanda one though

sterile oracle
#

I need XAU to drop..

worn hatch
#

they will not come back again soon

rough jungle
worn hatch
#

SFT and 6 other prop firm that belongs to Angelo is dead too

agile hornet
#

is news gonna dump gold?

worn hatch
noble crag
#

GDP final q/q ?

minor venture
#

Gold will be back to 2178

worn hatch
noble crag
#

Liquidity grab 100%

worn hatch
#

I have zero trades for now which I wanted to get out before 7 am NY time

noble crag
#

It’s gonna give a huge pump before a dump

agile hornet
noble crag
worn hatch
#

We still got room to 2220

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or even more

noble crag
sterile oracle
#

2220 is pretty scary for me

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I am going to start to close trades to preserve margin

worn hatch
#

it seem @sterile oracle and Gold has argument earlier wherein he told her he does not care and won't think about her and rest is history 🤣🤣🤣

sterile oracle
#

not quite yet

#

but if i see more I am closing trades

agile hornet
sterile oracle
noble crag
#

Only if you understood economics and why real traders say stay away from ScamDaq, FraudJones & XAU because they are meant to rise in long term coz they move differently but newbie traders don’t listen ✅

noble crag
sterile oracle
#

it will come down but I just dont want a 2020

agile hornet
noble crag
#

They literally move like stocks & grow like any other asset commodities

green bluff
worn hatch
#

Did they integrate TV trades directly ? @green bluff

noble crag
green bluff
sterile oracle
#

finally...

calm glen
#

Finally gold hit target 2213 nice

worn hatch
plucky stag
#

no trades today been busy might wait for after ny news to trade or just comeback monday.remeber guys tomorrow is off abd we have pce and powell speaking so you can expect a massive gap on monday

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Dont have any pending trades

green bluff
worn hatch
#

sorry MatchTrader lol

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@sterile oracle Bullish Vols increasing on 1D chart .. trade carefully

sterile oracle
#

its dropping now at least

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its being driven by dxy

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however speeches made so far were hawkish

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1 D is showing me this...

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indicates it hopefully has hit the lid...

plucky stag
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Thats gotta be pretty painful

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whats the drawdown?

sterile oracle
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i closed some trades

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it was a painful morning for me!

glass solar
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supp

sterile oracle
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55k drawdown

glass solar
#

whats good

plucky stag
#

Oof

glass solar
#

oh thats not good

#

cartia wsupoo

plucky stag
#

Hey man

glass solar
#

hows life hahah

plucky stag
#

Nothing today i didnt take any trades.i am good just been busy

glass solar
#

oh alright

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well i got off gold

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and my life is easier xD

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i do scalp it from time to time

plucky stag
#

Glad you did

glass solar
#

been improving alot

plucky stag
#

that's good to hear

glass solar
#

yessir

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all day grind for hours

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its paying off am able to catch some G trades

plucky stag
#

good good. Follow good risk management and you will be consistently profitable

green bluff
mild osprey
#

Any suggestions on a scalping strategy using the S&O trading forex ? Looked all through the strategies and all the YT videos/shorts and none of them seem to work at all. The more confluences I’m adding the worst results I’m getting. Plus getting strong signals and then it completely reversing. If I did the opposite to all the signals today, would have been a great day. I’m just after a simple strategy using 1 to 5 min timeframes that is profitable and I’m able to be at the screens all day to follow

glass solar
plucky stag
#

No more nq @glass solar ?

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Well tbh nq is not easy to trade it is as volatile as gold

strong snow
glass solar
#

in my religion

worn hatch
#

scalping

strong snow
#

Backtest on paper account

#

For MONTHS

plucky stag
# glass solar it is considered haram

It is up to you ofc but the main reason why it is considered haram cuz it involves heavy speculation and gambling and that can be applied to the whole markets in general.they say daytrading is haram too. As long the systems are heavily regulated and it follows good fundementals and there is no riba involved i dont see an issue with it

glass solar
#

yeah true but

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nq is ownership of 100 companies ans 15 of them include interest and are declared haram cause of it

plucky stag
#

There is not a single company that doesnt run on loans and interest

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business need big capital

mild osprey
#

I can trade SMC OTE absolutely fine, on higher timeframes, works great. But came across luxalgo and might have helped with shorter timeframe, scalping trades. I don’t need a price action/smc indicator as I know how to trade that fine. I can do my own analysis without the drawings being done for me. But thought looking at signals & overlays would be good… but finding it’s not given great signals, despite me back testing on tweaking settings/the presets… so unless S&O can provide better results. I’m not sure what value it can add to me

glass solar
#

its alr man i do as i think its right everyone does different no offence 🤍

plucky stag
#

Yeah no worries

noble crag
#

I see some clean setups forming but news in 30M 😮‍💨

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😂 I can’t even trade on my TFT account anymore TFT fuxked big time

plucky stag
#

Been trading on personal acc for years. Peace of mind and i dont rely on some scam firm to pay me.it is my money and i get it anytime

worn hatch
#

@noble crag Are you the same Nick I knew off since 2022 in this server ?

noble crag
worn hatch
noble crag
noble crag
worn hatch
noble crag
#

That’s why having small accounts is beneficial

plucky stag
#

You can have a big acc but your own money

noble crag
#

I mean I haven’t seen many 5-6 digits payouts other than that 1 dude with 120$ in payout

worn hatch
noble crag
#

You are so easily to get flagged with 25k in payout even on a 400k account but not on 100k or 50k 🤷🏼‍♂️ but it’s just my opinion

worn hatch
#

Indeeed yeah

plucky stag
#

time spent not getting paid will never comeback

worn hatch
#

We use Prop firm money to fund our personal accounts too

plucky stag
#

the effort and work and the stuff you did all for naught

noble crag
worn hatch
noble crag
#

1M in investments X times 10y annual % = 100k salary a year + rollover effect of growth you can potentially retire in Costa Rica in 5 years

worn hatch
plucky stag
#

It is a fixed game tbh any normal trading acc will experience 20% dd at some point

worn hatch
#

one or two closes does not make you any difference coz you got back up from another source too which is not trading related too

noble crag
#

People are moving to futures now 😂 don’t know the risk involved in futures ⚠️

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If you don’t know how leverage works time to go to school kids ✅

worn hatch
#

and see how it goes

plucky stag
worn hatch
echo kiln
#

morning

noble crag
#

Pros & Cons in a nutshell

noble crag
#

News 🗞️ in 15’M

worn hatch
#

spending $500 for a $100K account to withdraw $20k+ per month is amazing

plucky stag
#

ftmo is merely trying to hide the ugly truths .you never know what are they doing to maintain their firm

worn hatch
noble crag
#

All they say we make money with challenges is crap

worn hatch
#

so they do not solely depend on Sales purchase from Traders unlike other prop firm

#

Oanda is doing the same but their prices are expensive too

noble crag
#

The good thing is the PRIME with FTMO, you literally get salary payout from FTMO which is unique in itself imagine getting salary just to trade

plucky stag
#

well if ftmo is consistently paying you 20k a month without issues thats great

noble crag
worn hatch
worn hatch
#

That CEO has already received $100 million release from Court

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MFF

noble crag
#

If I hit 20k in payouts with FTMO I will let you guys know but only if I pass though 😂 and make it till there rest is a journey 🐎

worn hatch
clear ingot
#

I lost my account on TFT🥲

worn hatch
plucky stag
#

20k is 1k a day average

noble crag
plucky stag
#

On a normal 100k it is like drinking water

worn hatch
plucky stag
#

On ftmo i have see if it meets dd

#

On my personal idc

noble crag
#

News in 3M

sterile oracle
#

yup

plucky stag
worn hatch
#

this was my morning trade on $200K funded FTMO

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Haven't traded since then

sterile oracle
plucky stag
#

But imo if you can already make 500 to 2k on your own personal acc you dont need a prop firm at that point

strong snow
#

Insane volatility

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These news hit so hard

noble crag
#

😂

plucky stag
#

I still didnt take any trades today

noble crag
#

Nothing Happened

plucky stag
#

Gotta protect my capital

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will look for great setups or no go

noble crag
#

Something is stopping gold from dropping 🤔

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News is positive for DXY

sterile oracle
#

yes...

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it is dropping though

noble crag
#

@sterile oracle was it to drop badly than me

sterile oracle
#

I think the major traders are still listenly

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there couuld be a giant red candle

noble crag
#

More news coming too

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😆

sterile oracle
#

nothing major so far...

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its generally positive which helps drop XAU

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my draw down is decreasing..

#

can someone get Powell to follow Biden into a forrest?

noble crag
#

Anyone trading gold ?

sterile oracle
#

me!

sterile oracle
#

lool

plucky stag
#

I opened a small short on gold

noble crag
plucky stag
#

20 pips atm

noble crag
#

2 lots for me 🤷🏼‍♂️

sterile oracle
#

its going to dump for about 2 hours now.

plucky stag
#

Nah 2 lots too much

sterile oracle
#

2 lots is insane

#

even by my standards

noble crag
#

Really ?

#

🤔

tight mountain
sterile oracle
#

depends on the leverage you use..

plucky stag
#

you see this volatility bro? 2 lots will give u ez 10k+ drawdown

sterile oracle
noble crag
#

🤔

worn hatch
sterile oracle
#

The level of mental strenght allows XAU

noble crag
#

No FR is 2 lots too much ?

plucky stag
#

you have to study volatility

#

atm gold volatility and it is off the charts

#

On a low volatility or medium volatility 2 lots is fine

#

Not on a major news day tho

#

You need sl

#

Without sl you are risking too much

noble crag
#

I have a SL 🤷🏼‍♂️

sterile oracle
#

have a stop loss even if its a manual one

#

and watch your margin like a dragon

plucky stag
#

Manual on gold is not good

#

i have seen 1 min candle doing 100 pips

#

And thats like 2 days ago

sterile oracle
#

yes so have a margin over 1000

#

and you can cope with 100 pips in a min

#

or you can set SL hard and accept losses if your entry is wrong

#

depends on style

noble crag
#

Up almost 1%

#

🤷🏼‍♂️

sterile oracle
#

see the ocilator

plucky stag
#

Well sure i guess 🤷

sterile oracle
#

on a 5 min.. its dropping..

noble crag
#

It’s not that volatile to go 100 pips in a minute

plucky stag
#

We got more news coming

sterile oracle
#

I have see 100 pips in a candel

noble crag
sterile oracle
#

on a 1 mini chart

#

The news is there, my margin is improving...

#

4 hours of hell for me today..

#

but I survive

#

why do news channels put adverts in while news is coming?

plucky stag
#

I lot size based on volatility not my fictional stop loss. Different types of trading i guess. Low volatility i might do 10 lots or 12 lots cuz price moves like a slowpoke anyways

#

But if the waves are already strong and fast

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You dont need much to get a good profit

#

Thats why atr is important for sl

worn hatch
#

Still Bullish thou

noble crag
#

Looks like a Doji closing candle

tight mountain
noble crag
#

@sterile oracle start praying 🙏🏻 😂

sterile oracle
#

I had enough liquidity

worn hatch
#

Matrix Osci still has bullish Vols

plucky stag
#

i did a sell at 2216 layers

#

booked 40 pips

#

i am out now

sterile oracle
#

thats very good

#

I took the pain of the market open

worn hatch
sterile oracle
#

agree

noble crag
#

2% doubled my lot to almost 5 lots

#

2217 - 2 lots
2216 - 1 lot
2212 - 2 lots

All closed at 2207 😂

#

2% gain 🤷🏼‍♂️ can’t complain done for the day

echo kiln
#

Nice measured moves with the EU lately

noble crag
#

@foggy warren You don’t call someone you don’t you in real life please ask all your questions here in chat 💬

#

Do it again and I will ride with you to the #dungeon 🪦

noble crag
sterile oracle
#

this fellow: ?

noble crag
#

Missed those my ass was asleep 😴

echo kiln
sterile oracle
#

messaged me also

noble crag
sterile oracle
#

this will take ages!

#

i am watching dxy carefully

noble crag
sterile oracle
#

i am waiting for XAU to fix itself.

noble crag
#

I would only scalp gold for a short term scalp like minutes on 1-2M

sterile oracle
#

i wont open new shorts as I watch

noble crag
sterile oracle
#

lol

sterile oracle
#

it could be faster...

#

Putin wont declare.

#

he is watching.

noble crag
#

Yes

#

This secret sauce indicator is OP

#

Hint - it’s something with ICT Macro 😉

rose surge
#

the real secret sauce is [redacted, too late friend] this secret message will self-destruct in 5 minutes

noble crag
#

Are PAC breakers wrong ? Correct me if I am wrong

#

Most of them are mitigation blocks ( OBs ) and not actual breaker blocks

#

coz in MXMM study it’s completely different from what I see on my chats though PAC

sterile oracle
#

That one has something to do with Mario brothers... lol

green bluff
#

Gold market is close tomorrow ?

sterile oracle
#

yes

#

national holiday?

worn hatch
rough jungle
plucky stag
#

guess it is best to just stop trading for the day

#

market is sleepy

#

dxy is going up and down

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and up

noble crag
#

Literally shows the credibility of a prop firm like a 6 digit payouts 😶 Hats off 🎩 to FundedNext ✅

plucky stag
#

i mean they do it once sure but are they gonna pay you 100k everytime

noble crag
#

Never seen that kind of payout before like a 6 digit bro

plucky stag
#

you will rob them clean

noble crag
#

It’s very rare tbh to happen but congrats to that guy

plucky stag
#

it is not like he is getting paid 100k every month maybe he had a lucky month xD

#

100k is like 5k average every single day

#

thats alot for a propfirm acc that forces you to follow DD

noble crag
#

Hehe 🙃 he has over 1M in payouts just in case letting you know

#

I saw his interview on YT

plucky stag
#

from funded next alone ?

#

1 m total from all propfirms

noble crag
#

All props is around 5M 😂 he’s been lucky on XAU imagine a long with 50 lots from 1980 to 2200 😂, I mean rest is history

plucky stag
#

doing 50 lots without a drawdown to breach the acc..

#

ye thats insanely lucky

noble crag
#

😂

#

That’s what I am saying

#

50 lots on XAU, bro is living in Costa Rica by Now

#

😂

plucky stag
#

i am sure he had like 10 pip sl

#

or he didnt care about the acc

rose surge
#

wasn't it a layered position?

plucky stag
#

even as layered you easily breach the acc

#

cuz that means price went against you

#

and you layered more

#

i do layering and ik dd can be nasty with a simple spike

#

then it goes down and you get profit

rose surge
#

i meant averaging up, not down

#

e.g. move stop on position 1, enter position 2 - open risk now is same as initial on position 1 was

plucky stag
#

i guess but to do that for 50 lots?

#

Without ever taking profit

#

There is no way he got lucky 10 adds in a row xD

#

Assuming 5 lots per trade

#

Try it yourself average up you will most likely hit be by 3rd add

#

I have seen people do 60 lots for eurousd but it is like 1:10 rr with a partial 1:3

#

Win rate is 30%

noble crag
#

😂

#

I am sure he was a Maths PHD before went on Trading Gold, bro must be buying real gold by now

green bluff
#

just received it, it is now possible to trade with TV @worn hatch

worn hatch
#

Sweet .. Will get an account with them soon

strong snow
#

@sterile oracle RIP positions

green bluff
#

new gold ath coming

sterile oracle
#

i live but not happy

inland fog
#

good move 👍🏼

noble crag
#

@worn hatch

You know which prop firms are owned by Angelo ?

#

I know he owns 5-6 ?

strong snow
sterile oracle
#

if you have enough liquidity you can survive this stuff.

frigid karma
#

Any promo code for 30% discount?

#

Does anyone have I wonna use

strong snow
#

But it keeps growing lmao

prime garnet
#

the OB on the indicator aint accurate?

#

SMC indicator

echo kiln
plucky stag
#

Gold didnt give a shit about positive dxy news today

echo kiln
#

errors?

#

@prime garnet

echo kiln
karmic monolith
#

Do you guys think it is possible to scalp on ftmo swing?

plucky stag
#

dxy sold off then got back up

#

Weird price action

#

Actually not a single news that came out was negative for dxy

#

Even the smaller news

echo kiln
plucky stag
#

Exactly

prime garnet
worn hatch
#

@noble crag @rough jungle

rough jungle
echo kiln
# prime garnet

can you post the entire chart please, I am not able to analyze this

prime garnet
echo kiln
prime garnet
#

bearish obs are red candles which act as a support for price, blue ob acts as resistance?

#

seems like the opposite

unkempt hearth
echo kiln
noble crag
echo kiln
#

Not familiar with those teachings @unkempt hearth

prime garnet
#

the indicator is printing them wrong

noble crag
prime garnet
#

ah

#

my bad hahahahaa

#

sorry guys

noble crag
#

😂

echo kiln
prime garnet
#

since look

#

look it respected that ob

#

same with that

unkempt hearth
noble crag
#

I wanna short gold but market is closed tomorrow so I don’t wanna see a big gap on Monday 😂

#

😮‍💨 This week ended in 💚

sterile oracle
#

it can be done from Tuesday

#

I think Monday is also a holiday

plucky stag
#

Gold to the moon

sterile oracle
#

today

#

yup

noble crag
prime garnet
#

same same same

#

im looking for a short on gol

#

gold

noble crag
#

He is already having calls from broker regarding margin

prime garnet
#

just looking for that fvg to become inversion

#

but fuck

#

it respected it

noble crag
#

Gold is at OTE entry for me like it’s a signal for short 😂

prime garnet
#

i thought OTE was below the fvg?

noble crag
prime garnet
#

ah lol

#

thats 15

#

i will wait

#

its too risky taking the trade

noble crag
prime garnet
#

@noble crag i think we are on the disturabtion stage, look down there

#

its likely a fake

noble crag
prime garnet
#

manipulation is already over

#

its disturabtion

plucky stag
#

last time you said that gold went up 1000 pips

prime garnet
#

im going to sell at premium

noble crag
#

Gold really didn’t cared about the news 🗞️ says why people still follow DXY as a measure to trade gold and forget the basic macros of economics ✅

prime garnet
#

should we wait?

noble crag
#

yes wait

prime garnet
#

look at the manipulation

#

and project a price leg

noble crag
prime garnet
#

2.6 levels suggests bearish down there

#

look

prime garnet
#

EurUSD was clear today

#

good pips

noble crag
#

Matrix oscillation still has money inflowing to Buyers ✅ bulls are not easy to defeat especially during lunch

noble crag
#

So let it consolidate and look for entries on Monday Killzone ( London )

prime garnet
#

ok ok

noble crag
#

I missed EU & GU my ass was asleep 😴 😭

prime garnet
#

how is dxy doing?

#

consildationg huh

#

means forgin currency are consildating

plucky stag
#

I am not touching gold for 1 whole week prolly. Trading at such high levels is dangerous without pullbacks i dont like shorting or longing it atm

noble crag
#

Little bullish on DXY

prime garnet
#

oh

#

bullish on dxy

#

that means bearish on other for currencies

noble crag
#

Do we have any news ( red folder ) next week ?

plucky stag
#

Dxy been chopping all day

#

Monday manufacturing pmi and ism

noble crag
#

🤔

prime garnet
#

look at this

plucky stag
#

Next week is so big news week with nfp as well

prime garnet
#

a bounce off that OB to internal liqudity?

#

then possibly to failure swing highs?

#

liqudity there?

#

the ob's on the chart are confusing me af

forest turtle
#

Gold is so much fun tradestonks

oblique willow
#

so who is shorting GOLDkekw

noble crag
#

Different contract size ?

#

If I catch that move with mine 2 lots it would be over 800-900$

sand ruin
#

I sold to 2247. It is not clear what this xau will do. If by chance it comes and gets it, it will make a good profit. kekw

noble crag
sand ruin
#

If it rises around March 21, I think it will be the predicted level. Because ICT or price action does not work anymore in xau

noble crag
swift flare
#

can any one write me using luxalgo ultime or anyone

noble crag
sand ruin
swift flare
sand ruin
#

I didn't take an economics course, but you don't need to be a professor to understand that indices move prices to a new channel.thinking

worn hatch
# swift flare chat to get their opinions

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

No questions asked.

Sign up on our site below for instant access.

https://luxalgo.com/

Markets, illuminated — World's largest provider of trading indicators for every market from stocks, crypto, and forex. Explore our library, get our exclusive toolkits when you're ready. Professionally backtest it all with our Backtesting System.

noble crag
# swift flare chat to get their opinions

Amazing tool to use 🛠️ during trading so far has been good experience for me 🤷🏼‍♂️ no problems with support from lux either amazing community here at Lux ✅

#

But if you thinking you will get rich the next you buy lux ? Trust me bro you are not that guy

swift flare
swift flare
noble crag
echo kiln
#

Last few minutes of scalps anyone?

#

LOL

noble crag
#

😂

#

Let me watch gonna share results soon

echo kiln
#

not me

agile hornet
#

thoughts? on this one?

swift flare
#

some of them stop before they make a profit.

noble crag
#

Lux Indicators aren’t a quick rich sceme or something 😂

plucky stag
#

but dont follow it blindly

echo kiln
plucky stag
#

holy gold pump

#

2237

#

100 pips in 1 min again

sand ruin
agile hornet
agile hornet
echo kiln
inland fog
#

morning

agile hornet
strong snow
agile hornet
worn hatch
hearty sapphire
#

Depends on the type of trading aswell

daring schooner
#

Since we've seen a time change in the US I've noticed that spread is wider longer. So two hours instead of one

echo kiln
#

Just like you said, easier than raising your kids

sand ruin
#

Actually, I should have stopped, but the stupid HFM company stopped me with the spread and it fell to where I wanted. I HATE HFM.

mystic thistle
#

Yohok

echo kiln
#

Not sure what that means, but welcome!

#

@mystic thistle

prime gale
#

@noble cragbrother can you give me some tips about scalping in gold?

fair blaze
#

what is the different bullish ob,within bullish ob,entered bullish ob exit bull ob?

#

when i

#

when i creat alert,i want to know some detailed about it

echo kiln
royal remnant
#

Does @viral quest have a divergence indicator? I’ve noticed most divergence indicators are very laggy

echo kiln
royal remnant
#

@echo kiln appreciate u

fair blaze
#

what is the different bullish ob,within bullish ob,entered bullish ob exit bull ob?

#

doct do do not have the answer

echo kiln
#

Within = price inside the OB
Entered = price entered OB
Exit = Price exited OB

prime gale
#

i am beginner

noble crag
fair blaze
#

what is different inside the OB , entered OB?

noble crag
fair blaze
#

yes

#

one old ob,one new creat ob?

noble crag
#

I can’t understand what you saying ?

fair blaze
#

Inside or entered Ob , could u have some pictuure to explan the different ?

#

do u have some pictures show some different ?

echo kiln
#

☝️

prime gale
#

@echo kilnplease share some idea about gold scalping

noble crag
# prime gale i am beginner

Gold & indicies easiest way to blow your account especially as a beginner ✅ stay away from them learn your way and test your strategy on Demo and be profitable or start with a 100$ account and grow that before even thinking on scalping, it’s easy to swing trade rather scalp

noble crag
#

Refer to this for strategies ✅

prime gale
#

what about eurusd is it good pair to start?

noble crag
#

noble crag
prime gale
#

@noble crag @echo kiln thank you both of you

dreamy narwhal
# prime gale what about eurusd is it good pair to start?

Several reasons:

  • it's a pair that's traded a lot, so you usually get good spreads and trading volume through London and New York sessions
  • has good correlations to DXY, gold, GBPUSD
  • not as wick-y as GBPUSD
  • has generally OK price action that will make learning a little easier, and doesn't move as fast as some assets
worn hatch
#

Morning fam ☕️

noble crag
#

Night here 🌙

#

How are the spreads though ? 😂

forest turtle
#

Good morning everyone

worn hatch
forest turtle
#

USDCHF looking good this morning, stuck in a daily Bearish order block. It failed to drop and going to retest it again today. I am long on this one.

undone imp
#

happy Friday everyone

green bluff
#

Hello everyone!

worn hatch
jaunty peak
sand ruin
#

hi everyone degen

worn hatch
#

Bank Holidays are soo boring when it comes to trading 🙄

plucky stag
#

i am sitting my eu and nu buys

#

gonna prolly take whole day to hit tp

junior bolt
#

What Should StopLoss or TakeProfit Be When Taking A Trade After Watching This Video

plucky stag
#

either use fixed tp or fixed R:R or w/e you like managing risk and taking profits is your responsibility.you can backtest and forward test different tp methods and see which one works for you

junior bolt
#

I don't know how you can help me.

sand ruin
green bluff
worn hatch
#

Wait for like 15m for the market to settle well ... There will a wick here and there

desert egret
#

gbpjpy

#

sideways sideways sideways 😕

#

not going to trade

#

why is market being sideways these days?

worn hatch
sterile oracle
#

@worn hatch I tried to DM you...

desert egret
worn hatch
worn hatch
#

Trader language.. you should know this by now

desert egret
#

oo i thought you were abusing me by "THE F8CK"

worn hatch
#

Lemme check

sterile oracle
#

I am geting a message you wont receive messages from me?

worn hatch
desert egret
sterile oracle
desert egret
worn hatch
desert egret
worn hatch
#

It all depends on what lot size you could be using

desert egret
#

hm yes

#

how much you trade? (time)

#

in a day

worn hatch
#

2 to 4 trades per day scalper

desert egret
#

what are your average targeted pips on an average?

worn hatch
worn hatch
#

30 mins game

desert egret
worn hatch
#

Only commodities - Gold

desert egret
#

240 per trade

worn hatch
#

I aim for $1k daily .. but end up getting more than $2.5k and above

desert egret
#

brother tell me one thing

worn hatch
desert egret
#

when i consider myself a profitable trader

worn hatch
desert egret
#

👍

desert egret
#

is there any imaginable criteria?

plucky stag
#

you are profitable when you earn more than you lose

jaunty peak
#

Shi*** spreads right now

worn hatch
worn hatch
desert egret
#

so

#

how much time i would be consistant to be a P trader

#

1 month?

#

2 month?

#

a year?

plucky stag
#

does it matter? just make sure you earn more than you lose thats all.

#

if every day is green

#

you are profitable

worn hatch
desert egret
#

hmm noted

worn hatch
#

Learn Price Action .. Read the chart as the market tells you inadvance where the trend direction will be heading

plucky stag
#

you dont need 3 years to be profitable. you can be profitable right now as long you manage risk correctly

#

dont lose more than you earn it is that simple

worn hatch
plucky stag
#

thats consistency and min maxing

#

that ofc will take a while to develop

worn hatch
#

Most traders goes for full margin during news thinking they would be millionaire overnight without understand the Market condition

desert egret
plucky stag
#

but you can be profitable even if it is a small amount

desert egret
#

works on PA and psychology

plucky stag
#

as long you bring money home thats profitable imo

desert egret
#

👍

worn hatch
desert egret
plucky stag
#

enter a small amount

#

and dont give a fk about losing or winning

desert egret
#

doing already

desert egret
plucky stag
#

reduce stress and emotions when trading at the start

plucky stag
#

be more confident with your setups

#

scale up as you progress

desert egret
#

@plucky stag @worn hatch these guys are motivating as fk

#

thx

rose surge
# worn hatch 90% of trading is emotions .. keep your emotions aside and money will come to yo...

yea the difficult part is when the market is either in a slump (can your strategy handle that? can you handle sitting on your hands and not doing anything stupid?) or when you have taken 4 losers in a row on the chin - can you still execute from an objective state of mind in that case?

i think the attached image is priceless in that sense @desert egret to put loss streaks in perspective . Even with a 60% win rate system there's a 70% chance of getting 4 losers in a row over a sample of 50 trades for example. Getting 4 or even 6 losers in a row in a 60% wr strat isn't a reason to change your strat per se, it's just probabilities working out

desert egret
plucky stag
#

my eu long is slowly cooking

#

up 15 pips atm

daring schooner
#

EU currently accepted support from mid February

plucky stag
#

ye i thought it was a good area to long

strong snow
#

I'm waiting to go short though 🤣

plucky stag
#

maybe during powell

strong snow
#

1.082 is what I'm looking at

plucky stag
#

now i think it will go up

strong snow
#

I'm expecting it to hit 1.082 and then who knows

agile hornet
#

my TP is at 1.081

rose surge
strong snow
#

I've learned my lesson, to never go against the trend. So I will wait for short opportunity 😂

#

Anyway looks like hidden bearish divergance on 15m.

#

Might actually keep falling...

green bluff
#

bullish are coming on 15m TF

plucky stag
#

chilling with BE atm took partials here in just case news drops us way lower

strong snow
#

HTF still bullish

#

I'm just waiting till 1h becomes red

#

😅

strong snow
daring schooner
strong snow
#

I go for 1.5 RRR myself.

plucky stag
#

depends on my mood and the market mood

strong snow
#

oh yeah might exit early time to time 😁

wooden zodiac
#

Dear team
One question

I have lost many accounts coz still I need to practice on trading .. ....and I went to founded firm companies and I lost ....my question is ...... why I have choise lux algo indicators premium......plz I went you to tell me ?

desert egret
#

literally 16 pips spread by exness

plucky stag
#

i give up trying to type long messages to end up getting filtered

#

micky can reply to you

echo kiln
desert egret
plucky stag
#

i had no issues

echo kiln
desert egret
#

gbpjpy

echo kiln
plucky stag
rose surge
#

it was a joke cause you'd get filtered and your message wouldn't appear 🤷‍♂️

plucky stag
#

thats why i chose eu to trade today

rose surge
desert egret
#

look at this SS

#

i am leterally at my TP but my PnL still in Red

desert egret
plucky stag
#

yeah thats huge

#

was it like that before you placed the trade?

desert egret
#

yup

plucky stag
#

you should not have taken the trade

desert egret
#

but didnt noticed

#

thought there will be 1-2 pips spread as usual

plucky stag
#

today all markets on holiday

desert egret
#

ooh

plucky stag
#

except for forex so liquidity is really thin

desert egret
#

ooh no, i should have aknowledged before

plucky stag
#

during those times you either dont trade or choose pairs with low spreads like EU to trade

desert egret
#

i think i really had

plucky stag
#

always check the spread before opening a trade.i do that even on normal days cuz my spread is also variable

desert egret
#

will keep in mind

sterile oracle
#

we would be trading properly from tuesday imo

desert egret
#

what broker you use?

plucky stag
#

xtb

desert egret
#

??

#

is it a name?

plucky stag
#

yeah

#

it is called xtb

desert egret
#

ooh ok 😅

sterile oracle
#

I use FP markets which are not bad

plucky stag
#

i also use saxo if i want to have access to everything

#

forex,futures,stocks,etc

#

they have comissions tho but really low spreads if you are doing forex

#

you dont pay comissions if you use a certain lot size like half lot

#

so you can enjoy both low spread and no comissions

#

but it has pretty low leverage thats the downside

#

tho i mainly use it for stocks,futures not for forex

#

i like xtb for forex

desert egret
#

you are lucky that you are from out of india

#

in india

strong snow
desert egret
#

govt. ban all forex broker

#

so exness is only the option for us

strong snow
#

FP markets are based in Australia if remember correctly

plucky stag
#

idk but you can google brokers available in india

desert egret
#

there are but

#

problem is

#

govt only allow indians to trade only 7 pairs

#

and a time limit

#

9am - 5pm

#

fk

plucky stag
#

a 9 to 5 job xD

#

not that bad i guess

desert egret
worn hatch
desert egret
desert egret
#

lucky? nope

plucky stag
#

my job is 7 to 7

#

12 hours

desert egret
#

look at this

#

indian pairs are too less volatile

worn hatch
dawn sierra
desert egret
#

my spread increased from 16 pips to 30

plucky stag
#

well people will be mad if electricity is not on 24 hours xD

#

it is 12 hour shifts

desert egret
#

woww is it a joke? 😢

desert egret
plucky stag
#

damn

dawn sierra
plucky stag
#

two days on then one day off

#

7 am to 7 pm,7 pm to 7 am next day then a full day off

desert egret
#

market moving in my direction but still in loss

#

i am out for today

#

turning off my pc

#

see you guys on monday

plucky stag
#

it is ok man live to see another day

desert egret
#

🖐️ yup

plucky stag
#

30 pips is insane tho

#

never seen that happen to my broker

desert egret
#

yeah

#

and here is an amazing thing

plucky stag
#

holy it is 8 pips spreads atm

#

for gj

desert egret
#

my TP is of 15 pips

dawn sierra
#

you use a scam broker

desert egret
worn hatch
desert egret
#

@plucky stag im in loss due to spread but if my TP hits, should i mark it my winning trade

#

even tho my SL hit

worn hatch
plucky stag
#

count it as a loss

#

spread is part of the game

#

you lost there

desert egret
#

but still in loss

desert egret
#

an unexpected loss

jaunty peak
#

Hopefully the shi*** spreads become normal in the US session. US banks are open today I guess.

daring schooner
#

We take every holiday lol

sterile oracle
#

get up an go again..

jaunty peak
green bluff
#

spreads are insane today

worn hatch
shy trench
#

Just take your long weekend lol

#

Markets keep ranging.

#

If you really cant help it go for some fun scalping with lower lot size

echo kiln
#

Make a dollar, lose a dollar

#

literally

#

LOL

shy trench
#

I mean just do for fun

agile hornet
#

i wonder whats gonna happen to the price when powell speaks

#

should i get out of my long on GBPUSD and AUDUSD

shy trench
#

Depends on how big your sl is

#

I got punished last time he spoke so 🤣

echo kiln
#

Gonna be a nice DXY gap come Monday🤷🏻‍♂️

agile hornet
#

NVM i got out og AUDUSD just in time

shy trench
#

Got punished and see where eurusd and gbpusd is now

#

Pff

#

I was in at 1.09+ and he spoke and my sl hit 🤣

agile hornet
#

i need to stop being greedy lol

#

GBPUSD is doing well

echo kiln
#

I'm watching, managing, and stalking

agile hornet