#💱forex-chat

1 messages · Page 129 of 1

split night
#

30mins*

strong snow
#

I have feeling that xau will pump any minute now

blissful helm
#

Yes

split night
#

My guy 💥💥

blissful helm
strong snow
#

Exactly what I was wwiri g for

split night
#

Looks good, I’m setting and forgetting now, might be 2-3 hours before it gets to TP level

strong snow
#

Waiting g

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Still waiting

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Alright entering long in xau

inland fog
#

i dont understand with this one

strong snow
vernal girder
#

How you guys feel about the draw down on gbpusd

green bluff
#

I'm going long on xauusd

inland fog
plucky stag
green bluff
#

nice scalp!

strong snow
glad quarry
#

Am on that train

split night
plucky stag
strong snow
#

Smart move

#

I'm looking for 10pips right now

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Bad entry at 32

#

As always

#

Should have followed my strategy and wait for sweep

plucky stag
#

price went 70 pips from the lows why fomo

strong snow
#

Because I trade divergances 😝

#

All good it will hit tp in a second

#

Hopefully 🤣🤣🤣

plucky stag
strong snow
#

Ofcourse I know him

#

It's me

#

BTW money flow curling to bullish side now

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So there's hope

#

HOPIUM is strong in this one

plucky stag
#

3 hrs big news

strong snow
#

Yup

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I'll be out either way

#

It's almost there Cmon 🤣🤣🤣

vernal girder
mild osprey
# blissful helm

How did you determine your TP ? How many trades a day/week do you get trading this ? Guessing you wait for reversal zone entry and then exit, then signal then trend tracer to flip ?

strong snow
#

I'm ouuuut

plucky stag
#

I am done for now will check in ny session

vernal girder
inland fog
strong snow
plucky stag
#

Yeah thats good

#

there will always be more opportunities never fomo

strong snow
#

For sure

#

I need to work on my emotions...

plucky stag
#

If you don't catch the buy catch the sell

strong snow
#

All confluences were not in line and I got lucky

rough jungle
gleaming sandal
rough jungle
gleaming sandal
#

Alright bro...nice work

#

Seems you drop setups alot

rough jungle
# gleaming sandal Alright bro...nice work

thankyou, id also recommend you do your own analysis and not just enter other peoples trades so you can learn why you entered and can improve looking back at what went right/wrong 🙂

gleaming sandal
#

Thank you..

rough jungle
#

i simply just use PAC indicator/screener and trade chart patterns

gleaming sandal
#

Where can I find it?

daring schooner
#

News is coming in 3 hours and the market is supposed to go bull USD again but this market structure is exactly what I'd buy. I'm wondering if news is already anticipated.
I trade patterns too

rough jungle
gleaming sandal
#

Alright sir... noted

Wanted to go for the signal and overlays indicator

rough jungle
#

thats the premium plan, you get the PAC/S&O/OSC indicators and the screeners associated with them

daring schooner
mental sparrow
#

I was expecting eurusd to buy also

gleaming sandal
mental sparrow
#

Looks like it's pushing up a bit now

rough jungle
# gleaming sandal Is there a YouTube video to under how and what this indicators do?

You can view this one:
https://youtu.be/jOamxUcNYEg

Also check our LuxAlgo youtube videos for informative videos on our products we offer.
https://www.youtube.com/@LuxAlgo/videos
https://www.youtube.com/@LuxAlgo/shorts

Choose your LuxAlgo plan: https://luxalgo.com

In this video we explain how to find your setup between all of the different features within our exclusive LuxAlgo toolkits such as Price Action Concepts, Oscillator Matrix, and Signals & Overlays. We do an overview of the entire product suite including all 3 backtesters within the Backtesting Syste...

▶ Play video
strong snow
#

Haven't seen KING lately.

daring schooner
strong snow
#

Did he blow his acc 😅

strong snow
#

You need more indicators man

rough jungle
#

LOL

strong snow
#

Throw in some.moving averages

daring schooner
#

I have them. Yesterday 110 pips on EU

strong snow
#

🤯

#

Getting bullish now

rough jungle
daring schooner
strong snow
#

I think he owns his own luxalgo now

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😔

neon ore
strong snow
#

Anyone knows how much to renew PREMIUM?

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IT'S STILL 500?

#

Oops caps

rough jungle
strong snow
#

Yeah what I meant

#

Damn that's whole one trade 😡

rough jungle
#

haha

daring schooner
#

I killed a trade at 777.00 dollars yesterday for the fun of it lol

strong snow
#

Damn

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1H is making bullish divergence if it works out it will be sick gains

rough jungle
#

conflicting bias here, so ive closed 50% and SL at BE

strong snow
#

XAU steering into that bullish money flow

rough jungle
strong snow
#

Dang

#

And here I am using only one 43 inch monitor

rough jungle
#

but thinking of getting rid of 4 screens and doing 2x 49" curved

strong snow
#

I'm thinking about g9

rough jungle
#

tbf i dont use 1 of my laptops, i use one of the macbooks for travel purposes and ipad really.

plucky stag
#

Just get two monitors

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You don't need more

mental sparrow
#

And 8m here using an Samsung s10

#

Im

strong snow
#

I use 3 time frames I rather get 3

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And not switch

plucky stag
#

I only need one monitor for chart

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second monitor for other shit

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news,chat,etc

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I trade on phone

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so that's 3 technically

strong snow
#

Same

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I trade from my phone

rough jungle
#

yeah i use 1 for discord, 2 for trading and 1 for youtube/netflix etc and the laptop for mt5

#

tbf i can trade from my phone these days with chart patterns

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i spot them easy enough now

plucky stag
#

I find executions to be faster on phone

strong snow
#

For me they are instantaneous

rough jungle
#

well i place the trades on my phone,

strong snow
#

Unless there's huge activity

rough jungle
#

i just monitor profits etc on mt5 desktop

#

and like the auto trailing sl feature on desktop version

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what i sometimes use along with magic keys too

strong snow
#

I was right about gold after all 🤗

mental sparrow
#

Yeh dollars gonna reverse

daring schooner
#

You guys see a divergence on DXY the dollar index?

mild osprey
#

@rough jungle My trend catcher (setting 3) hasn’t moved all day, it was fine yday, but even with price moving, its not tracking. Is it because of the big move yday ?

rough jungle
mental sparrow
#

Yes the dollar has flipped

mild osprey
rough jungle
mild osprey
#

But as you can see, its too sensitive but 2 and above its all that straight line, only thing i can think is that the big sell off yday vs todays smaller price action must be having an effect

#

How do i do that ?

rough jungle
#

click sharing then copy link - post link here

mild osprey
#

Im on the iPad app and it doesn’t have that option ?

rough jungle
#

ah you need to be on computer, what ticker you on? and your S&O settings and ill manually do it

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on my chart to see

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if i can replicate the issue

mild osprey
#

And auto pilot short term

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NAS 100 pepperstone is the ticker

rough jungle
# mild osprey

Just asked the team for a better clarifcation on why the trend tracer does this, as wouldnt want to give you the wrong info. Will update you when i get a response 👍🏽

mild osprey
#

Nice one mate, for clarity, im using strategy 4 in this video, which obviously relies heavily on the trench catcher. https://youtu.be/ffzUC5VGEzw?si=6P_ZkRglQKyaV6W-

in this video i show you Luxalgo Premium Discount Feature and 5 Best Lux Algo Trading Strategy that you can use. If you want to get this indicator with 30% Discount Coupon Code use This : TT30

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i use 2 indicators in these strategies : Luxalgo Signals and Overlays and Price Action Concepts . i test i...

▶ Play video
rough jungle
mental sparrow
#

Anyone have more of a clue than me what EU is up to?

plucky stag
mental sparrow
#

Yeh guess

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Looking for a buy but keeps turning

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Not gonna force it

rough jungle
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todays news

mental sparrow
#

Hmm

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Maybe up and bit then dowwwnnnnnn

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A bit *

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Thanks for the video yesterday mick, it was mint! 👍

echo kiln
# mild osprey

Hey there, I love the Catcher as well.
The reason why the catcher at times, flatlines is due to a few combination of things that occur.
When the ticker has sudden price action movements on time based charts such as the minute charts (pumps/dumps), it affects all indicators, as indicators are reactive in real time. It takes additional real time candlestick data for the indicators algo to smooth out again. This affect some indicators more than others depending on the code script. This has improved with the past few updates, but a challenge to eliminate due to the nature of reactive indicators. Also this can be exacerbated with much lower timeframes such as minute bars, as these sudden pumps/dumps are a much larger back/forth movement on these lower TF candlesticks. Remember, when the catcher is flatline, the indicator is telling us, price action is ranging, it may not seem to be in arange to us, but to the algo taking into consideration of the pump and dump within a few lower TF candles, it will define it as a range. There is a much techy reasoning behind this, but I am not a techy, LOL...hope this makes sense

echo kiln
# strong snow This doesn't make sense...

Did you understand what I was stating and it doesnt makes sense, or my response was confusing and it doesnt make sense? I know its not a technical response, as I mentioned this, I am just trying to explain it in my own way.

#

Here is a drastic example, lets say you are on a 5 second chart on a forex pair, and the price pumped 100 pips up, and then the next 5 second candlestick, it dumps 200 pips down. We can all agree that any indicator will lag on this price movement, and it will take some time for the indicator to readjust to something we think it will be visually "better". @strong snow

mild osprey
rough jungle
#

should be TP before news hopefully

#

prob jinx'd myself saying that now

echo kiln
rough jungle
#

News hitting soon - 15 minutes / 30 minutes / 45 minutes time

glass solar
noble crag
glass solar
#

damn man xD

noble crag
rough jungle
#

Wonder if we can see this, hmm...

noble crag
#

Gonna trade news again today 🤷🏼‍♂️ ( on mini )

zinc elm
rough jungle
#

SL at break even and its 20 pips away from entry but who knows.

glass solar
#

dannnyy

#

my guy whats up

noble crag
rough jungle
rough jungle
broken river
#

Danny IYDM can I ask where are u from??

rough jungle
#

the times when i think it'll be affected it isnt and the times i dont, it is LOL

rough jungle
green bluff
#

eurusd pump and dump ? 👀

broken river
noble crag
rough jungle
broken river
rough jungle
#

its good to grow potatoes thats about it kekw

broken river
#

Buddy let me blow your mind today's temperature is around 38°C

rough jungle
#

EU DUMPPP

echo kiln
#

Will the dollar cause us grief on the daily?

broken river
#

@rough jungle In coming months we will see more than 40°C even Air Conditioner fails 😢😢

noble crag
broken river
rough jungle
noble crag
#

I want DXY to be bullish tbh

calm glen
#

i mean gold climbing 2300

noble crag
#

I wonder what happens if we see a rate cut

#

Total chaos ?

rough jungle
split night
# rough jungle

I got kicked out of the AUD/JPY by a fraction it dipped and my SL kicked in. My fault for not setting it low enough

mild osprey
# rough jungle

Hi Danny, sent you a private message when you get a chance

echo kiln
#

@rough jungle
Just for you
Bwahahahahahahahaha

#

😎

split night
#

I had SL at 99.437 and TP at 99.782

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Was an idiot move from me

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Micky you are long on EUR?

rough jungle
split night
echo kiln
rough jungle
#

thats if micky doesnt blind me with his charts

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🤣

echo kiln
#

LOLLLLL

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so SOOOO CLEAN!

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🤌🏼

rough jungle
#

dont you be casting doubt on my forecast!

echo kiln
#

but BUTTTTTTTTT

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I closed out late yesterday, I didnt want to risk it due to today's news

rough jungle
#

damn news LOL

split night
broken river
#

What was that

rough jungle
#

pumped up

undone imp
rough jungle
#

took me out BE

noble crag
#

Mix news 🗞️

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Gold dodged a bullet today

rough jungle
echo kiln
#

LOL

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50% woud had been a good partial and move to BE for free trade.

rough jungle
#

5k to 0 lol

echo kiln
#

LOL

rough jungle
#

i need to do more chicken sh*t

echo kiln
#

you didnt close?

#

OMG

#

your short?

rough jungle
#

nope risked it and hit BE

echo kiln
rough jungle
#

on CPI it bagged me 90 pips lol

echo kiln
#

OMG

inland fog
#

parachute

broken river
#

I longed gold at 2232 and sold it at 2235.6
Now regretting should have hold @rough jungle how to overcome this mentality

echo kiln
#

👀

hardy badger
#

GU News looking good 👍🏻

inland fog
hardy badger
# hardy badger

Open SL sometimes is key 👍🏻
Especially for news, before it’s always clear liquidity before going to the actually direction. Wonderful day 🏹

rough jungle
#

still aint fully mastered it

#

or closing my trades around news

split night
rough jungle
split night
#

I’m waiting for it a bit tho it jumped once already today I have TP at 1.26200

green bluff
#

Gold looks good to short

broken river
rough jungle
#

buy the pump LOL

#

1k out of 5k regained

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thats just a gamble trade LOL

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because im annoyed with my BE. this is how not to trade 😛

glass solar
#

👌

latent ruin
echo kiln
rough jungle
#

coming back

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i wont let BE get me down

glass solar
#

u can hold xau to atleast

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2344 or 2347

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if u longed xau

midnight river
#

taking some profits and moving SL

rough jungle
#

we moving.

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i think something like this

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(the long trade isnt where i took it)

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going to climb up and take that FVG out

inland fog
midnight river
#

still moving up

echo kiln
#

@rough jungle demonstrating how to properly “revenge trade.”

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Take notes

rough jungle
#

ooops.

daring schooner
#

@echo kiln I know you trade EU. Possible reversal with a daily divergence. Today's candle hasn't printed but if it only stays above 1.07425 I think it's a go.

#

Oh sorry id share my chart but worry someone might go blind

echo kiln
#

I cant find a proper structure on the ES 4H
So we sit on the sidelines and watch everyone else

strong snow
echo kiln
strong snow
#

😡😡

daring schooner
strong snow
#

Nah man get me eye surgery

daring schooner
#

Eventually I'll use the Force like Micky

strong snow
#

Mickmeister?

echo kiln
#

This right here, nice nice.
Too bad I chickened out last night

rough jungle
#

too bad your a chicken sh*t 3LON

echo kiln
#

I like NZD's, but the off market spreads, dang

strong snow
#

Xau don't want to do a pullback

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🙃

rough jungle
#

i hope AJ doesnt either

strong snow
#

😁

rough jungle
#

100.6 TP for AJ

strong snow
#

Nice

echo kiln
rough jungle
inland fog
midnight river
#

Thanks for the strategies @echo kiln @rough jungle .. first time trying the 15 min PAC, premium and discount zones. Will see how I go in the long run

rough jungle
midnight river
#

looks like price will move down to fill that FVG and back up ?

#

wasnt the greatest of FVG but price did retrace and entered. Didnt take this BTC set up 🙂

rough jungle
inland fog
midnight river
#

clearly missed this 😦

rough jungle
#

im out at 0.2% - BE

echo kiln
rough jungle
#

yeah two BE LOL could of been 9k but im greedy as always

#

better than losses i guess

glass solar
noble crag
glass solar
#

not quite but going for it🫡🫡

#

it was not cause my strat isnt working but cause i take random entrys

noble crag
#

🤔

mental sparrow
#

Well that's fucked it

glass solar
#

its art of trading once u get it thats it

#

everyone starts off something

#

its been my 8th month now

#

🫡

split night
#

Well my SL kicked in on GBP/USD

#

Oh well

inland fog
#

chop chop xau

blissful leaf
shy trench
#

@noble crag didnt i call 1.07

#

2 weeks ago

#

Maybe even earlier

edgy ivy
#

Lux algo is a cheat code 😅 i just set it up yesterday at night, im learning smart money concept for a couple months now, but this is so helpful

weak egret
noble crag
plucky stag
#

240 lots EU

#

wow

noble crag
#

Reason why I don’t have balls to drop more than 10 lots on my main

edgy ivy
#

5 pips stops

weak egret
#

Isn't 'smart money concepts' something termed by ICT?

plucky stag
#

guys is a millionare

noble crag
rough jungle
noble crag
#

40 lots is insane 💀

rough jungle
#

its nothing really

plucky stag
#

nick he did 240 lots

rough jungle
#

for 200k account

edgy ivy
#

if you have your zones and watch the chart carefully, also liquidity , you dont need bigger stops 😀

noble crag
edgy ivy
#

its prop firm account

plucky stag
#

well i would never go that much on my personal acc

edgy ivy
#

ftmo

plucky stag
#

for a propfirm acc you can do w/e i guess

noble crag
edgy ivy
#

yes

noble crag
#

Damn

rough jungle
edgy ivy
#

ftmo

rough jungle
#

nice, im doing a challenge with them but got acg

#

did have 200k TFT too before that went

#

haha

plucky stag
#

ftmo still got mt5?

rough jungle
#

yeah

noble crag
#

1 pip on 10 lots = 100$ ?

1 pip on 240 lots = 2400$ ?

plucky stag
#

yes

edgy ivy
#

i risk 2k per position

plucky stag
#

10 lots 10 pips is 1k

edgy ivy
#

so 1%

noble crag
#

💀 can’t imagine a 50 pip swing with 240 lots

#

50 pip on 240 lots = 120,000$ 💀

#

😳

weak egret
#

How does one 'watch the chart carefully'? The move you were anticipating could happen on a lower time frame, so do you have all time frames open?

plucky stag
#

you dont watch the chart.let the chart watch you

glass solar
#

hahahah

weak egret
#

Everyone becomes a ladder/dom trader in the end

noble crag
edgy ivy
#

i do top down analysis, so im aware of every time frame, but manly focus on 15 min, and entry on 5 or 2 min chart

glass solar
#

im doing 30m to 1h to 1m

#

i dont need more than that 😂

edgy ivy
#

i spent shit tons of money of course 😂

#

most of them are not worth it

noble crag
#

1D -> 4H -> 1H -> 15M -> 5M ✅

glass solar
#

nah 1m op

noble crag
edgy ivy
#

too much noise on 1 min for me 😀

glass solar
#

nah 1m gives u direct moves

#

straight on

noble crag
#

🤣

#

And very next candle wipes you out

glass solar
#

all 3 taken on 1m

edgy ivy
#

who are u guys learn from ?

glass solar
noble crag
#

ICT 👑

edgy ivy
glass solar
edgy ivy
#

do u have entry confirmation ?

glass solar
#

yes

edgy ivy
#

or just waiting for a rejection ?

glass solar
#

i trade choch and bos

edgy ivy
#

so what ?

#

ohh

plucky stag
#

keep it up

noble crag
#

😂

#

Indeed he is winning more

glass solar
noble crag
#

Just needs secret sauce 😂

glass solar
#

thank you man

weak egret
#

but he did ict 💀

plucky stag
#

there is no secret sauce.you just do risk managment

glass solar
#

u were one of first ppl to dm me

plucky stag
#

you can win with any strategy

edgy ivy
#

photon is really good

noble crag
weak egret
noble crag
#

It’s just that click when everything start making sense

#

It’s the mindset

edgy ivy
#

before i learn from alex g, but he is more an influencer than a trader

plucky stag
#

the secret sauce i guess is the mindset,muscle memory,experience and confidence in taking your trades

edgy ivy
#

with his 2.5 rr

weak egret
noble crag
plucky stag
#

it depends where you start

noble crag
edgy ivy
#

u need a working strategy, but to be profitable it’s psychology and mindset i think

plucky stag
#

it is a closed loop

weak egret
plucky stag
#

people think they can have a strategy without losers thats impossible

noble crag
plucky stag
#

no matter how confident you are in your setup you have to risk manage correctly

#

people blame psychology when in reality they just overleveraged

noble crag
#

I mean if you are using even a garbage 🗑️ strategy and only win 1/3 33% of your trades you can still be profitable if you have proper risk management

#

🤷🏼‍♂️

plucky stag
#

as a newbie you have to learn to take a loss

#

you cant learn if you dont do it

noble crag
#

1:3 RR and you loose 7 trades out of 10 you are still up 2% and most people don’t know about it 😏

weak egret
edgy ivy
#

need to trade like a casino, and think of probabilities

#

u cant focus on the money 😀

#

these are just numbers

noble crag
astral badger
#

Hello new here

weak egret
edgy ivy
#

even A plus setup can fail, but everything depends on the person, and personality, everyone is different

plucky stag
#

I take all setups just know when to get in and when to get out

#

that takes alot of experience tho

weak egret
# noble crag Nope

A+ setups are not common, you are better off focusing on ur B & B+ setups which most of ur trades are gonna be in.

noble crag
#

1:4 - 1:5 😂

#

Both trades are A+ 1:4+ trades

plucky stag
#

i have a bare min i aim to get in a day anything extra is a bonus

weak egret
#

its all relative

plucky stag
#

think of it like this do you need one big ass trade or few small trades chunked throughout the day and be done

noble crag
#

Almost 0 drawdown entries here 🤷🏼‍♂️ both are 1:4+

plucky stag
#

a combination of both is good

weak egret
#

if u need 1 big trade then ur r:r is gonna be terrible

#

your winrate needs to be at least 60%

plucky stag
#

tho i wouldnt go more than 10 trades a day

#

5 is usually good enough

#

sometimes you only get 2-3 trades depending on market conditions

#

cant really force the market to cough up trades

#

you can do 1 big trade of a bunch of small trades.it is just the bunch of small trades you will see you have alot less risk and stress

#

1 big trade you might get emotional unless you are used to hodling trades and swing trading

#

it depends on your personality

weak egret
#

1 big trade is impossible imo because u must always be prepared to exit mid-trade as r:r evolves & changes, you will be far more hesistant doing that with 1 trade that could decide everything on unless you have fixed entries/exits.

broken river
#

@rough jungle @plucky stag can you all judge my performance in the starting of this week I deposited 93$ and my account grew to 140$ till now??
I'm a new trader is it good for a newbie in this field as @plucky stag I previously told you that I have shifted my trading field

weak egret
plucky stag
#

you might have won money but entered alot of drawdown thats a bad trade

weak egret
noble crag
#

Making money out of prop ?

rough jungle
weak egret
#

trying to make a lot with 1 big ass trade

broken river
rough jungle
#

to grow from 93-140

noble crag
#

👀

noble crag
plucky stag
#

it is not that insane guys.he is entering gold 😂

#

volatillity maximum

noble crag
#

Well he will humble himself soon

#

Let him eat gourmet few nights 🍽️

#

😂

rough jungle
#

hes layering and doing like 50 0.01.. imagine 😛

plucky stag
#

i want you to realize even with 0.01 lot thats 10 dollars in 100 pips

#

it is ez to make that with gold

#

50 pips 5 dollars

broken river
rough jungle
#

im only joking @broken river, your doing great for a new trader using 0.01. I aim for 5-10% per month

noble crag
#

Wait till he uses 1 lot size on gold ✅

#

Those gourmet dinners won’t last long

plucky stag
#

well i am off for the night.you guys have fun

noble crag
#

Cya tc

broken river
#

Ya with 0.01 lots and 1 point movement it will be 1$ and thats like nothing in gold

rough jungle
broken river
#

You all are big traders I'm just a newbie if I will be 10% of what you all guys are right now..
I'll be thankful to god

mental sparrow
#

i 1 lotted gold once, now live on skid row

rough jungle
#

think i did 10 lots on gold last week

#

haha

mental sparrow
#

haha your elite though

#

do 20 next week

rough jungle
#

haha watch me get rekt

mental sparrow
#

hahaha

#

nooooo!

rough jungle
#

least you got faith in me

broken river
#

@rough jungle I had send you something

mental sparrow
#

hahaha

noble crag
mental sparrow
#

EU is gonna go up here

rough jungle
mental sparrow
#

wat the actual

noble crag
rough jungle
#

shes done me dirty twice today

rough jungle
#

was 5k up and news took me out BE then was 4k up and then went cooking and came back BE again

#

LOL

noble crag
#

LOL 😂

#

Danny can miss a trade but not cooking 🍳

broken river
#

And S&R

noble crag
#

Gold really holds on support & resistance levels ? 🤔 what time frame you trade bud ?

broken river
#

Bro 15mins and 5 mins it works for me 80% of time

rough jungle
#

was a costly meal though Guppy

broken river
#

@rough jungle buddy my broker provides leverage upto 200K but I currently use at max 1k
2-3 Traders told me you can use leverage upto 100K and your account will have more balance.
But I have heard many where increasing leverage will blow up my account in seconds and that's why I'm avoiding it.
As a new trader what should I do???
Help me out bud

rough jungle
latent ruin
#

currently in.

plucky stag
#

Well it depends how much you value you your 100 dollar acc

#

If that's money you can afford to lose then sure

#

ik many people who don't care about small accs so they blow them fast.it is better to just use a bigger acc and take really good care of it rather overleveraging a small acc

#

If it is money you care about then you will take lower risks naturally

broken river
#

Especially considering I'm just 18yrs old

plucky stag
#

ok that's a good starter then

broken river
#

Turning 93 to 141 took me lot of hard work

plucky stag
#

learn slowly don't rush

glass solar
broken river
broken river
glass solar
#

thats ok too

#

follow risk managment and ur good

broken river
#

Just different mindsets

glass solar
#

if its 100$ risk like 3$

#

with 5.1rr thats 15$

broken river
#

Brow grew my account to 140 from 93 in this week from monday

glass solar
#

thats awesome

#

if ur begginer thats just begginers luck

#

i grew my 300 to 500 in 1 week and lost it all the next

broken river
glass solar
#

thats good then

#

i followed them 1:1 signals

#

lmao

latent ruin
broken river
#

In these days I had just 2 trades going against me in which I booked 2$ loss each

rough jungle
broken river
#

Plus I had to manage many studies also and all these things.
Here in India, we have to focus more on theoretical knowledge rather than focusing on practical knowledge...
Just want to get out of this education system😢😢

broken river
broken river
latent ruin
broken river
latent ruin
noble crag
#

Damn bro took 2$ loss on 100$ account let’s say 2% 🤷🏼‍♂️ usual Risk Management

#

Bro almost doubled the account size in a week 🤷🏼‍♂️

noble crag
#

Almost 70-75% growth in a week is insane if we put in those numbers

latent ruin
broken river
#

Just will be needing help in futures from big traders like u all

mental sparrow
#

Not a big trader

echo kiln
#

Which one you prefer?

Signals & Overlays - S/O
or
Price Action Concepts - PAC

#

latent ruin
#

PAC

mental sparrow
#

PAC

midnight river
#

PAC

echo kiln
#

interesting

latent ruin
#

Rate this initial 1:1 BTC

glass solar
#

bunch of liq above

#

would wait for sweep and enter on choch

mental sparrow
#

I'm thinking back up to 1.08000 fvg then down?

#

Or around there

feral ferry
mental sparrow
#

I'm gonna wait for short

#

Then follow it to hell

feral ferry
#

Short

echo kiln
#

Let’s end the days smart and strong

#

💪

frosty lintel
#

Im shorting gold

inland fog
frosty lintel
safe beacon
#

Hello Everyone... I'm new to Crypto Trading and I wanna start up my Crypto Investment?

weak egret
echo kiln
#

@weak egret Hey, if your a subscriber here, you can connect your Discord account to the members area here.

weak egret
glass solar
#

🤝👌

weak egret
#

What scares me about luxalgo is it's popularity. The good stuff is usually scarce and hard to find.

glass solar
#

it wont help u know how to trade

#

it will help u with trading

#

its the experience which teaches u brother

echo kiln
mystic adder
#

any BASE meme presale?

void orchid
mystic adder
void orchid
weak egret
frosty lintel
echo kiln
#

I trade because I wanted to work for myself and not someone else

echo kiln
frosty lintel
#

I meant to say this chat channel XD

weak egret
echo kiln
frosty lintel
#

Which is the scanner

latent ruin
#

Rate it

echo kiln
echo kiln
#

Im lost here, hahahaha

#

(sorry)

strong snow
echo kiln
shy trench
# latent ruin Rate it

I don’t trade Audcad but I can imagine it could be 1 of those pairs with huge spread during witching hours

plucky stag
#

gold fomo is real

echo kiln
#

Back the truck up

glass solar
echo kiln
glass solar
frosty lintel
#

Looking at AU for a short

glass solar
#

look this

noble crag
# glass solar

All these scammers looks like haven’t passed high school yet

#

🤣

glass solar
#

hahahahah

#

bro i legit said i hold kys/usdt

#

and he still there xD

echo kiln
# glass solar

Block them on your end, why waste your energy.
I just removed him from server ✅

frosty lintel
#

Back into the gold short

glass solar
#

and they keep going AHAHAH

minor venture
#

I will drain his account

glass solar
#

hahahahaha

minor venture
#

He doesn't know I am cybersecurity engineer

frosty lintel
glass solar
#

ill send em ur way jhahahahah

minor venture
#

Send him

#

I will send him to jahanam

weak egret
latent ruin
glass solar
modest ginkgo
#

@zinc aspen scammer above

echo kiln
#

removed

arctic scaffold
#

Hello

analog locust
#

Can we be of any help?

echo kiln
midnight river
echo kiln
midnight river
#

For example this tokyo session. Swept the previous high so we go short. Where should we enter , SL and Tp target ?

echo kiln
inland fog
#

morning all

noble crag
#

Are we on Saturn 🪐 yet ?

#

Where is gold heading next ? Andromeda Galaxy 🌌

glacial osprey
#

Did someone have a good strategy whit forex scanners ? I'll really appreciate it

rough jungle
#

Morning 👋

#

todays news:

strong snow
#

Morning mate

#

Good bloody morning to ya

rough jungle
#

eyeing up anything this morning ?

midnight river
#

Valid ?

strong snow
#

Nah

#

Nothing

rough jungle
rough jungle
strong snow
#

Gold might go down, 15min looks bearish

rough jungle
# midnight river Valid ?

but my strategy is completely different to yours, if you've stuck to your trading strategy, trust your analysis 🙂 each trader is different

#

god i love pattern trading haha

noble crag
#

😂

#

As long as it prints 💰 everything works

rough jungle
#

Day pretty much done already haha

#

not even 8am (:

#

holiday next month with that seen as mrs wants to go on holiday for landing new lawyer job, i trade to fund her basically3LON

split night
#

Wow you need to teach me lol

rough jungle
broken river
#

@rough jungle started today's day with 8 Usd profit

rough jungle
broken river
#

First buy order at 2390 with 0.02 lots and exited the position at 2392

broken river
rough jungle
split night
#

I tend to use Mickys advice of buying in a discount and selling for profit

rough jungle
#

Mickys simple strategies are fire3

#

simple but effective

#

he thinks outside the box

broken river
#

And then I was reading the candle and saw that market was reacting at 2295 towards a little downward momentum and then I put a sell order at 2295 with 0.04 lots and exit at 2294 big lot size less pip

split night
#

Yeah they are good. It makes tonnes of sense and it’s simple as buying low selling high or vice versa

split night
#

Suck*

#

At

plucky stag
#

Guess all gold sellers got fried

rough jungle
split night
#

There is a setting in the PAC to enable patterns I think and it draws a yellow and red line for a wedge? But I don’t understand it so I turned it off

rough jungle
#

people go wrong by constantly altering their lot sizes but keeping same stop loss

#

can completely mess up your RRR

split night
#

I also set and forget a lot of my trades. It’s rare I’ll move the stop loss up to BE because usually when that’s happened to me it goes on for gains and I get pulled out at the BE point

broken river
rough jungle
broken river
rough jungle
#

but no gain/loss is better than a loss

split night
split night
rough jungle
rough jungle
split night
#

Any tips for recognising wedges and flags? I’ve seen people speak highly of flag patterns before and I think it could be handy learning to spot at least 1 of the 2

rough jungle
#

micky sets and forgets

#

he doesnt go BE

#

its either TP/loss for him

#

because i use 5m usually, i like BE as it prevents a lot of losses, yes i get taken out a bit but when i win, its worth all them BEs

split night
#

Yeah makes sense, it’s all dependant on the strategy right? I try to trade 5 minute to 15 minute usually but I’m still a noob trader

#

You’re my inspiration tho bro waking up seeing you make 6k in the morning treating your Mrs bro that’s literally what I’m wanting to become

broken river
#

It was reacting near its previous high which was around 2396 and I observed whenever it reached that point it was going down to 2393.5 this happened 2-3 times now 4th when I saw that it was going down I put a sell order at 2395 with tp already set at 2394

broken river
rough jungle
rough jungle
#

its a marathon not a race right, but you're in the right place here 🙂 all here to learn

broken river
#

Yaa I knew market was gonna react if it would have break that point then I wouldn't have placed my order

split night
#

I’ve already learnt a lot from yourself and Micky

broken river
#

@rough jungle buddy see your dm my recent trades

#

Right now I'm not focusing on big trades just booking small profits

rough jungle
rough jungle
rough jungle
split night
#

When I have wins it’s hard not to think that they were down to just pure luck

rough jungle
rough jungle
#

its just their account size is a lot bigger so profits look better than yours

#

when infact they the same

#

2%

split night
#

I only have a small account but I thought this was correct risk management until I am more confident in my consistency

rough jungle
#

its just because they using bigger lot sizes because of bigger account

split night
#

Yeah I get you

#

It’s deceiving sometimes

rough jungle
split night
#

Yeah I use the long position sizer to calculate my risk and I go for 2 usually. I also use the position calculator to work out how many lots I should take

#

Then from there I enter and usually set and forget

rough jungle
#

you could have 33% win rate and still be in profit.

3 trades - 1W / 2L = 1% gain (3% gain / 1% loss / 1% loss)

#

isnt always about high win rate

#

its just having good Risk:Reward

#

i got my flag patterns and lot size calculation on my mouse matt

#

LOL

broken river
#

@rough jungle bro what Abt my trades is there any other area in which I can improve

split night
rough jungle
split night
rough jungle
broken river
#

Till next week I have a target of reaching 200$ which I think I can do

rough jungle
broken river
rough jungle
#

i started with £500 everytime and blew my accounts 24/7

#

following signal gurus on insta etc

#

then i did a in house course in London and learnt pattern trading

#

then got funded in 2022

#

and now trade prop firms

rough jungle
#

now combined with Lux indicators, im more profitable than ever and its a great community to learn

split night
broken river
#

Ooo I already grew my account from 93 to 150 in this week and that's around 50% growth

rough jungle
broken river
#

And I think today I'll make more 10 bucks and will be closing this week on 160 from 93

rough jungle
#

i just learn better in person than watching videos

#

always have

split night
# rough jungle then got funded in 2022

Also I’ve seen this where you pass a “challenge” and they let you trade with like £5000. Is this a better route than trying to grow a small account of your own?

rough jungle
#

as i didnt have the capital back when i started to make enough money really to quit my job etc

#

with 1% risk

split night
broken river
#

Yaa I've seen many insta gurus and channels on telegram that say from 100$ to 1000$ in 1 month that's all just sh*t

rough jungle
#

they all have usually 2 stages - first stage is 10/8% then second stage is 4/5%

midnight river
#

Took this short anyway.. wasnt sure at the time as it was near equilibrium

rough jungle
#

in premium zone, bearish FVG then choch

#

now you can look for the opposite for buys now its in discount

broken river
#

@rough jungle I had some doubts regarding pro membership of lux algo can you help me out

split night
broken river
#

What's the cost per month for it??
How can I find my proper setup??
I also don't have Trading view premium membership

rough jungle
split night
#

I pay monthly it’s like £50ish I think. You also get access to the user strategies section where they post about strategies and how to use them etc

#

There’s signals and incentives

rough jungle
split night
#

It’s worth it bro unless you are like some top tier pro trader with a Bloomberg terminal lol

rough jungle
#

basic can work, if you only want 2 indicators per chart

#

you only need higher TV subscription if you're wanting more indicators on your chart

split night
#

Or more than 1 chart per screen

#

I’d say that’s the usefulness of TV premium is you can have a 5 minute and a 15 minute chart open side by side

rough jungle
#

2 trades and your accounts basically gone

split night
rough jungle
#

waiting for something like this now

split night
#

They have like 100 people they give out 100 different trades to, only takes 1 winner that they then get to review them or post high on social media on a podium that makes them look like a guru

#

When in reality only 1 in 100 actually profited

broken river
green cobalt
#

Hey gang I been had lux algo never been in chat tho looking forward to growing with u all

midnight river
#

not a big one but still

green cobalt
split night
#

Btw Danny appreciate the advice and help this morning with everything. Hopefully you don’t mind me coming for more in the future. As I said I’m wanting to make something serious of this so will need some guidance along the way from the community if that’s okay?

green cobalt
#

Can I ask do you all buy in premium/discount or bullish/bearish obs?

#

I have premium version

rough jungle
rough jungle
#

there incredibly useful

green cobalt
rough jungle
#

Yes hes been going live everyday around (10-11am NY time) for over a month now

split night
rough jungle
split night
#

I have friends in London I try to visit every few months

rough jungle
#

near manchester me

split night
#

Peak District is so nice I go there a lot

#

Between Manchester and Sheffield ain’t it

blissful leaf
#

english people...

split night
#

🤣🤣

#

Where you from

blissful leaf
#

tagged the wrong dude here lmao

#

i live in glasgow

split night
#

Oh shit 🤣

tame crystal
#

I am from near Manchester too

#

😀

split night
#

Ranger or Celtic fan?

blissful leaf
#

no football for me lol

rough jungle
#

i always go on hikes

#

three shires head is good too

#

did mam tor for sunset/sunrises too

green cobalt
split night
split night
#

Been on a few tbh I’ve been going years

#

Ludds church is cool like something from LOTR

#

There’s that crashed B-29 up there too I’ve been to that dunno what the walks called

rough jungle
split night
#

Yeah they’re class mate it’s on the doorstep I’ve only been Lake District once

rough jungle
#

Lux hike meet up HAHA

#

cant really hike at moment tho 😦

split night
#

What you done?

rough jungle
#

awaiting major knee surgery, completely destroyed my ACL/MCL

#

so im in a metal leg brace atm. Surgery looking like september. Then i got to learn to walk again

#

2 years recovery after surgery

split night
#

Wow mate

#

ACL is a big procedure

#

This with the NHS or you gone private?

rough jungle
#

yeah sucks! theyve gotta cut my hamstring away to make all new ligaments for my knee

#

NHS - private was 16k so thought id just go NHS as they said wait was only 3 months

#

but now its looking like september but ive got summer planned. So if i go private now and have surgery itll ruin my summer

#

if they would of told me it would be a year wait when i first did it i would of gone private

split night
#

There’s still the recovery afterwards tho as well so you’d probs still be out summer or limited to what you can do

rough jungle
#

yeah but hopefully id be out of my straight leg brace by summer if i got it done in october last year

#

but now its too late to go private if i want a summer lol

split night
#

Yeah stick with NHS now cos it’s in motion

#

Probably the same surgeons anyway

rough jungle
#

ill do the physio privately though

#

after surgery

#

to get quickest recovery possible

split night
#

Yes I highly recommend that

#

I have found that physios who are good aren’t in the NHS they’ve gone private

rough jungle
#

more money in it, nhs is shocking too

plucky stag
#

Take care bro.get a speedy recovery

rough jungle
#

the wait times etc

split night
#

Yeah I’ve just given up my career in the NHS

rough jungle
split night
#

I quit about a year ago

#

Yeah I hope everything works out okay for you as well, the ACL procedure is quite a big thing, few of my friends had it from football injuries

#

But they are good now so I’m sure you will be fine

rough jungle
#

gonnna look like johnny bravo

#

by time i can train legs again at gym

#

my right leg is like the same as my arm now

#

from muscle wasteage

#

my left leg like 3x as big LOL

split night
#

Don’t squat anymore lol

rough jungle
#

should come into play soon fire3

split night
#

Will have to do like light hack squat maybe? I dunno really what you can do I’m not a PT

rough jungle
#

i want to get back doing mens physique again

#

but thats years off now

split night
#

I train legs but everything I do usually involves some form of squat

#

Bulgarians are the worst for me

rough jungle
#

i got a bodybuilding coach and stuff so he'll do me a special plan after surgery

split night
#

Bulgarian squats - not the people hahaha

broken river
#

Danny IYDM can I ask how much you earn in a week from a funded account??

rough jungle
#

that completely depends on account size / trading plan etc

#

so many variables

split night
rough jungle
#

yeah my bias is short for AJ

#

down to 4HR EQ/low

#

ill still take longs if the structure there

#

but they low probability trades

#

the high probability are shorts

split night
green bluff
#

morning!

broken river
#

I mean as of now I'm only trading in Gold not focusing on other pairs as focusing on other pairs will lead to distraction..
I'm thinking when my account will be around 500-600$ then I will focus on other pairs as well??
Whats your say should I stick to one until I reach my desired goal or should I start trading in other currencies as well?? @rough jungle

rough jungle
#

4HR

split night
#

Ah I see so in the bigger picture it is likely to come to the EQ level again forming a head and shoulders?

rough jungle
#

that doesnt mean it cant be done but personally its not for me

#

i just do AJ and nas now and again using Lux S&O strategy

rough jungle
broken river
#

So I should stick to one

#

Till June I'll reach 600$

rough jungle
split night
#

Yeah I just removed the inverted lol 🤣 but what I say is the plan?🤞🏻

rough jungle
#

but i cant do it haha

rough jungle
#

for my short to discount bias

#

stack them confluences up 😛

broken river
#

I just have to be consistent just like you guys and I will reach 600 Danny just keep me motivating☠️☠️

rough jungle
#

i work in %'s i try not to really go off moneytary values or give myself a target of having my account X amount at a specific time

#

i just trade my trading plan and if my account grows it grows and if it doesnt its cool.

#

not every month in forex will be profitable

#

but overall the goal at end of year is to be up

rough jungle
#

i think thats what my mrs thinks i come home with everyday

#

AJ gone without us, maybe entry on B&R

plucky stag