💱forex-chat

[green bluff]

Yes.. it's insane!

I'm waiting to trade it.. to complicated right now for me, i don't want to buy the top and don't want to short it

[plucky stag]

It is uncharted territory atm people are randomly picking tops atm that's not how you trade

There is no confirmed supply

litrally free path at the top

[green bluff]

Im thinking about eurusd, might need some retracement before going down

not yet apparently 😬

[split night]

The dollar is strong today

DXY at 105

[strong snow]

We go higher lul

[split night]

what TF do you have your PAC screener on? @rough jungle

[split night]

ah same ticker with different times

thanks bro

[latent ruin]

Rate this trade.

[rough jungle]

yeah buddy - you can have it on the pairs you want but only trade AJ really so thats mine

[split night]

As im just really starting ive been advised to stick with 3 major pairs, GBP/USD, AUD/USD and EUR/USD

until i get more to custom with forex and trading

[plucky stag]

bad trade

[split night]

Also again, this has all been advised to me from a friend but they said those 3 pairs allow trading 24/7 cos theres always someone trading the time zone

[plucky stag]

if you wanted to short you should have atleast tried from 2398 not from here

[rough jungle]

be careful trading 3 XXX/usd pairs at one time though. you dont really want to be trading too much. I tend to do 6-3 usually

but dont enter more than 3 trades in a day

[split night]

Yeah i only trade 1 pair at a time, depending on timezone and I only trade to my max loss per day limit if that makes sense

[rough jungle]

yeah gotcha

AJ played out but didnt hit my criteria to enter

[split night]

Also can i ask what is the EQHL column?

[rough jungle]

equal high/low column

i dont use it though

[plucky stag]

you know what never traded Aj before might look into it these days

[rough jungle]

i need to change it

[rough jungle]

great for structure

especially the higher the timeframes

[plucky stag]

the moves look clean

not much chop

[rough jungle]

yeah they are

[limber tulip]

You out from trade?

[rough jungle]

i didnt enter last trade as it didnt meet my requirements but still played out

await next structure now and go again

[strong snow]

Shorting gold? Cmon...

[rough jungle]

run to exactly where I forecast earlier. Given no more possible entries though

[oblique willow]

Anyone in EU

[plucky burrow]

No, it´s all day bearist

[latent ruin]

Rate this trade

[rough jungle]

for me its a buy as per my strategy but you may have a different strategy

[tropic sun]

Can you refer me to your strategy?

[rough jungle]

its just chart patterns with the premium Lux indicators

[inland fog]

EU

GU

[strong snow]

Buddy of mine wants to buy Lux. Is there any discounts available anytime soon?

[rough jungle]

Not as the moment buddy, although annual is discounted compared to monthly
35% saving on essential - if bought annually
40% saving on premium - if bought annually
50% saving on ultimate - if bought annually

[strong snow]

Gotcha

Imo premium is enough

[latent ruin]

Trail SL to CTC

[glass solar]

same views

1h reacting of bb and ob

• fvg

[noble crag]

👀

[green bluff]

E8 propfirm making new rules for high impact news, sounds like they really want people to fail

20min window 🤣

Usually it’s 2min before and after news

[rough jungle]

20 mins is good tbf, i hate prop firms what allow news trading when they clearly dont

like i tried last week to close a trade 2 mins before news and wouldnt let me but news trading is allowed 🙄

gutted i didnt get my AJ entry this morning

or break and retest

fell off a cliff

[echo kiln]

3 seconds for me, and Im ready to go after the news!

LOLLLL

[split night]

what news you looking out for?

[echo kiln]

Not sure yet.
I havent opened my charts yet, LOL

[split night]

oh lol

[rough jungle]

hes having his coffee and monsters

todays news

what monster you got today?

got this one now to have with my dinner

[split night]

Oh no dont tell me you drink the no sugar ones 🤮

I think all the sugar flavoured monsters are really nice, better than redbull

Original is one of my favs and so is aussie lemonade

[rough jungle]

not tried aussie lemonade

MIXXD is nice

like fizzy vimto

i like the mango loco one or the pink sugar one

[strong snow]

Why would you trade news?

More like they make that people doesn't fail.

Anyway, gambling is not trading.

[rough jungle]

selling these little pullbacks

Day finished for me now

[broken river]

@rough jungle more 5$ profit

[noble crag]

Let’s keep it straight-> All props that don’t allow news trading or have certain rules like 2min to 20min are more likely not to deny your payout but prop that ALLOW NEWS TRADING are the ones that have 100 reasons to deny your payout coz of simple gamble on news trading, trust me bro you are not that guy 🙂

[rough jungle]

fell off a cliff today AJ

[noble crag]

-> News trading is also considered one sided bet just in case newbies here dangling with 10 lots gamble on gold 😮‍💨

[rough jungle]

this is so true

[latent ruin]

book 70% here.

[noble crag]

I mean if you can win and make consistent profits without trading news simply means you are not the 10 lot drop or pop guy who only trades gold 🤷🏼‍♂️ and if you are the account roller and barely managed to pass the account made it to funded and gambled news and made 10,000$ well chances are you are getting denied on your payout trust me again bro you are not that guy

[rough jungle]

hows your 10k?

[noble crag]

Haven’t took any trades since yesterday 😂

I didn’t find any setups

[rough jungle]

yeah i dont trade news, only ever been in a trade like 3 times and once on funded account and got rekt by it by slippage

milked AJ today shes good to me now ive not gone back to gold and cheater on her

[broken river]

Danny should I trade if I reach my target

[rough jungle]

target as in your profit target for the day?

[broken river]

Yaa

[rough jungle]

eh its friday, if you've hit your profit target for the day just sit back and relax and chill. Go into the weekend having smashed it 🔥 no point risking giving back the markets profits now

greed in past has caused me to give all my profits back for the day/two days back by simply overtrading and not knowing when to stop and be happy with my profits

[strong snow]

Bump up those lot sizes

[rough jungle]

still is no way near what i should be using

at 5 pips sl

[strong snow]

That's tight lmao

[rough jungle]

always use 5 pip sl

with my strategy

i think i need to use 62 lot for 1% risk on my account. But ftmo max lot size is 50

[strong snow]

Yup

I want to make atleast one trade today 😂😂😂

[sinful elk]

Quick question about the lux algo smart money concepts indicator, which is preferred settings to look for swing structure?

[noble crag]

Raise those numbers for higher time frame confluence

Focus on swing setting ⚙️ and trade off 1H

[broken river]

Okay @rough jungle I didn't had any specific targets pre-set in my mind and I'm closing this week
This week I started with 93$ and have made 61$ from it which makes my account to 154$ should I stop??

[rough jungle]

if it was me id stop for the week now you've made amazing gains but its entirely upto you. You may spot some more valid set ups and if your happy with taking the risk of possible losses go for it

[broken river]

Thinking of making it to 65$ but I'm thinking of letting it go and next week will make my account to 210

[noble crag]

Bro got plans

What leverage you using ? 1:500 ? 1:100 ?

[broken river]

1:400

[noble crag]

💀

It’s probably not a regulated broker ?

[broken river]

Bro it's nothing then

My broker provides leverage upto 200k

Wanna see ss

[broken river]

@noble crag can you see custom leverage and unlimited

Now I'll relax this weekend overall this week 2 trades went against me in which my SL got hit overall it was a good week for me

What about you guys would love to know about yours

@rough jungle

@rough jungle one trade=my whole account balance

[noble crag]

Why you compare yourself to someone who has been in market for longer ?

🤷🏼‍♂️

[broken river]

Was just saying I'm incomparable to him in every sense he has much experience then me

[rough jungle]

sorry was making my dinner, I think you've had a great week from your initial $93. Id go over your trades now on weekend and learn what when right and what went wrong on your 2 stop losses. What were the reasons for it hitting SL? could anything be improved?

[split night]

Very strong dollar today

[rough jungle]

as Nick said, don't compare yourself to anyone else and also technically you've done better than me this week in terms on % gains

its just my amount is larger because my account size is bigger, but percentage wise youve done better than me

[broken river]

Yaa I was trying to be sarcastic but it backfired

[noble crag]

It’s a marathon not a sprint don’t be happy real quick in these markets

[shy trench]

Dam i was so right about fundamentals on usd vs eur/gbp

[noble crag]

Your direction is more important than your speed. A lot of people go nowhere fast 💨

[broken river]

Another 5$ profit @noble crag

[shy trench]

It just took a few manipulated moves up before going the real way

[broken river]

Now closing for this week

Quick 30 pips

[rough jungle]

milking the markets

[oblique willow]

GOLD is just a piece of shit at the moment

[broken river]

Not shit just enjoy it's volatility

[oblique willow]

nope shit is exactly what i mean 🤣

[broken river]

This week gold turned out to be very good for me

[rough jungle]

HAHA

golds just crazy

[oblique willow]

sometimes you're the bird and sometimes you are the statue

[rough jungle]

We going LIVE now: https://discord.com/channels/641770286638694402/1178430832151638077

[broken river]

No bro if you trade with proper price action and psychology gold's gonna always be profitable for you

[broken river]

I don't know about others but it was for me

[oblique willow]

dont fool yourself please

[broken river]

I'm telling what I have experienced no one knows about future

[broken river]

☠️☠️

[rough jungle]

gold always rekts me usually apart from last time

i stay away from her now @noble crag knows.. its like catching knifes me and gold

one day i catch the handle, the next day ive lost a finger

[oblique willow]

yea i agree

[noble crag]

https://tenor.com/view/caleb-durbois-knife-ninja-throwing-gif-13228410

[strong snow]

I do

[green bluff]

you guys are right! i don't trade news but i was thinking about swing trader, and sometimes TP is hit during a news

gold is going to the moon

SB session is hot

[broken river]

@rough jungle should I increase my lot size now or should I continue this for one month

[rough jungle]

continue with your current lot size for april atleast then consider going up

[strong snow]

Moon was at 2100 tbh

[rough jungle]

AJ teasing me

another short maybe? sod it lets go

[feral ferry]

Gold should be fall within next week

There will be no entry for gold if it don't get down

[rough jungle]

we shall see, ill await some decent bearish structure before i even attempt to look at the market and possible shorts

[feral ferry]

It should be happen

[strong snow]

I've lost money with that mentality

🤣🤣🤣

[feral ferry]

I earned it

[plucky stag]

That's why friends never ever short gold

It is extremely bullish it is parabolic at this point

[glass solar]

yo

i shorted gold ahhahahah

[strong snow]

Lmao

[broken river]

Cool bro I was thinking it about counting it till May

[rough jungle]

bigger balls than me HA

[broken river]

*continuing

[rough jungle]

whatever you feel comfortable with, obviously what works for me may not work for you. I used to only change lot size every 3 months

but now i dont change lot size as my lot size is the maxed allowed so i cant go bigger lol

i could open more positions but thats being gready

and greedy already cost me this week

not closing then hitting BE

[broken river]

do you trade in gold

[rough jungle]

i dabbled with it last week but no not generally

especially atm with it just going up and up and up

[broken river]

Doing short in gold now is always risky 🚀 🚀🚀

[rough jungle]

indeed

[plucky stag]

I wouldn't trade gold at all today

Unless you wanna risk your whole acc

[broken river]

This week I have made my all profit from long only

[broken river]

Yaa bro better to wait for next week

[plucky stag]

it is chaotic as hell atm

[broken river]

Tell the operators to dump the market

[broken river]

Before going to 2400 2-3 days gold was trading in between 2330-2355 and sellers were actively but yesterday they lost the momentum and gold crossed 2400

[plucky stag]

Keep your acc safe there is always next week

Never fomo

I think that dump was just massive profit taking

I mean who wouldn't take profits after this massive run even institutions will take profits

crazy gold run

[sinful elk]

Which numbers would that be?

[strong snow]

Prob gonna go up again though

Insane volatility

😂😂

[plucky stag]

deepfryday

[strong snow]

Hell yeah

If it's not perfect don't even try it

I still got no entry, but looks like I can go long pretty soon

[glass solar]

nah was a setup

tho i was aware of flame

look for gold longs

it was massive sweep

[strong snow]

Yup

Was expecting it

[glass solar]

wait for re sweep

od 1982

lmao 2382

i remember when gold used to be traded at 1900s 😭😭

[plucky stag]

Gold is in the future now

[inland fog]

rock n roll

xau oil index and $

[strong snow]

There will be just as big bear runs 🤣🤣

[glass solar]

omg it needs

to break 400 again for it to be biy

buy

wtf is this haha

[strong snow]

FRYDAY

[plucky stag]

There is a supply zone now at the top after that massive dump

[strong snow]

This is normal 🤣🤣

[plucky stag]

Market will chop and maybe gap down

but political nonsense can happen in the weekend

[glass solar]

ai supply

fake

[plucky stag]

Give bears hope maybe they will recover their losses

I personally will stay away from gold for a week

let it chill and give me clear direction

there is always other stuff to trade

These current levels are really extreme

[daring schooner]

Do you think it odd that YouTube has suddenly been showing me channels about stacking gold and precious metals?

[worn hatch]

Gold : France and Russia has warned ⚠️ their citizens not to travel to the middle east .. tension rising between Iran and Israel

[worn hatch]

We are heading to 2500 by mid May hopefully

[strong snow]

Lul

[rough jungle]

didnt take but would of been good profit again HA

from chart i posted earlier

[broken river]

@rough jungle what do you do in weekends since the market is closed

Do you trade in crypto

[rough jungle]

no my mrs would kill me if i traded weekend too HA

i did trade it last weekend though

and caught an entry sat and closed monday for nice profits

damn i wish i took lol

[plucky stag]

Just tell her this is to fund her next trip

[broken river]

That's a good one

I think after bitcoin Halving there will be dump in the market and we will have to buy that dump and after it will be 🚀🚀🚀📈📈

[plucky stag]

wow what a dump on gold

700 pips

[broken river]

Insane dump

@rough jungle you were right I listened your advice and stopped today I was in FOMO that gold went to 2430 and I was eyeing a price around 2400-2405 so that I could again long it again but I listened you and stopped for this week..
And thanks or else I would have lost what I got this week

[rough jungle]

your welcome buddy, sometimes its best to appreciate what you've made and they'll always be more trades. Learning when to stop is key, glad it helped 🙂

[broken river]

It's all about psychology expect the unexpected

Am I right??

[inland fog]

perfect 😂😂

[tawny warren]

Wow what broker it is ?

[echo kiln]

Nice short play here that I mentioned to watch for in the 1st stream.
The set-up formed in front of us in our 2nd stream, with TP hit

Premium/Discount with FVG/Structure Strategy

[broken river]

Exness

I currently use 1:400 @tawny warren

[noble crag]

Gold dumps exciting sellers to dump

[tropic sun]

Trading gold be like lol 😂

[noble crag]

https://tenor.com/view/bogdanoff-he-sold-pump-it-gif-23606817

[tawny warren]

OK, thanks bro, amazing..👍

[tropic sun]

I was holding sell position with over $200 dollars drawdown my head want blow lol 😂 in a challenge account I now closed on 50 profit lol 😂

[noble crag]

I never trade gold no matter what I only trade gold for very short scalps

[tropic sun]

Trading gold will give you high blood 🩸 pressure trust me

[noble crag]

I have been in that boat 🚤

Especially on my 100k account I dropped 10 lots I didn’t had sleep that night after seeing those 5 digits numbers moving faster than my heartbeat

[tropic sun]

Best on my indicator I’m using I place sell limit on 2400 i was expecting the price to drop there bro when it hit my placed Oder it keep moving I even think say I loose my account

Lol 😂 gold is very risk

[tropic sun]

But how the market come be lol 😂

[noble crag]

Pure manipulation

[tropic sun]

Trust me gold will hit your stop finish your money and still come back to where you are expecting him to go lol 😂

[noble crag]

Feds exactly know what they are doing S&P rose 22% last year, NAS, DOW whole stock market is booming and same for Bitcoin won’t take them long to explode the bubble while people are here on the verge of poverty and continues money printing will probably bring that to an end

I know 1 guy who can save this from happening

[tropic sun]

Yeah probably bro

[noble crag]

https://tenor.com/view/you-will-see-putin-gif-26735256

[tropic sun]

Lol 😂 which indicator do you use

[noble crag]

Putindicator v2

Donaldidor x500

[tropic sun]

How does that work bro can I see it in your chart

[noble crag]

🤫

[rough jungle]

such a simple yet effective strategy

[tropic sun]

lol 😂😂😂😂😂😭💀 this strategy can make you billionaire in 1 day lol 😂

[noble crag]

Keep it secret 🤫

It’s the real sauce

[echo kiln]

🤌🏼

Simple

[rough jungle]

what have i missed i want billions

😮

[echo kiln]

Simple as ABC

123

[tropic sun]

Yeah

[rough jungle]

simplicity is key

why i like PAC and chart patterns

anyway guys im off for the weekend, have a great weekend everyone! 🍻

[oblique willow]

@echo kiln hey bro ive been working on the stategy from the stream earlier this week. i have a question we are looking for shorts in the premium zone bearish FVG then CHOCH so when the change of character is so close to equilibruim do we still take it? and if so do we ride it down to the discount zone?

[echo kiln]

I actually mention this in the streams.
Any short play inside Premium, fits the concepts.
For this play, look at where 4H price was at.

It was at extreme Premium levels
Deep into Premium

[oblique willow]

yeah sorry man was a rough week missed parts of the streams, ok but i understand 100% thanks for the feedback i appreciate

[echo kiln]

Here's another example
#📈futures-stocks-chat message

[oblique willow]

perfect thanks really answered my question perfectly!

[midnight river]

do we always have to look at higher TF to confirm the strategy?

[plucky stag]

what a bloodbath

[echo kiln]

No, the strategy was originally for one TF

[sterile oracle]

i shot y bear

he will wake maybe in the new year

i have have been on vacation... and making cow based sounds...

there is a parabolic movement now.

dont worry i spoke to the bear then requested rest.....moo

i am getting back into trading from monday.... please everyone share you opinoins and what I should pay attention to....

i was absolutly wrong on a bearish gold market.... perhaps... do the exact opposite... XAU is way over priced even now but this is the longest swing ever... happy eid all..

i took 18k when i sold my book down from 77k... which hurt me....in the last week, normality is there.

mooo yes grrrr no.

humbled.

[plucky stag]

painful lesson.next time dont be so stubborn and cut losses early

[sterile oracle]

you are a pro scalper

i know i can be correct... but being correct is very painful over time

a learned lesson.

[plucky stag]

it is just simple risk managment bro.nothing worth risking all that money just to prove you are right after months and maybe blow your acc.accept losses move on to the next trade .i can understand hodling a losing position but you did it to the extremes

[sterile oracle]

@plucky stag you are possibly younger than me, however, I can see much wisdom

from you

i have traded for more than a decade now

and I can say that i will never be perfect.

i can sometimes see a market well

then, I can create positions not like gamler, calculated.

I dont naturally scallp

you will note I look at the world, the problem is margin efficency

we all know I took some pain last week...

less kebabs

but, I found that FTMO to be intersesting.

it put bounbries on me.

so perahaps, i have have learned...

[plucky stag]

well currently extreme war news happening iran,isreal,russia,etc

huge tensions going on in the weekend

[sterile oracle]

on xau, over the weekend esp sunday, I may commit to 2600... bear in mind i was a 2065 when i made my own chaos

Sunday is often a silent day of polictics

the decisions are reported monday

[plucky stag]

you are at 100k drawdown atm no ?

[sterile oracle]

perhaps they they will take lunch

[plucky stag]

why do you want more drawdown

[sterile oracle]

79k draw

I need to scalp well

[glass solar]

cut it off bro it might reach unimaginable highs

[sterile oracle]

this will be really hard

2 days thinking

[plucky stag]

well if it is money you dont need....

dont risk money you need

[sterile oracle]

no every one needs funds

and its painful to lose

[plucky stag]

you could have taken the 10k loss from the start make it up in a month or so

money comes and goes

[sterile oracle]

it does in deed

i am picking up scraps

dedication from Monday

I will rebuild...

but this will be tough trading

There are some great traders who have lost a lot.

gained a lot

[plucky stag]

remember there is always tomorrow.drawdown just make sure your losses dont take years to recover from

[sterile oracle]

indeed

its time and pressure

I am well aware of policital pressure that goes againt the very logic I have.

[plucky stag]

never fk with gold.gold is the worst bitch to be stubborn against

[sterile oracle]

I see XAU getting to something like 2700 then if the fed does something after.... an adjustmennt wake bear

you can move gold no one.... just bow to it... but not always as a bear

[plucky stag]

they already raised gold targets to 2700 actually

thats their tp

[sterile oracle]

really?

I was on a beach and writing that down

can you feel 3k is impossible?

there is a bunch of items on news/

?

[plucky stag]

Goldman Sachs boosts year-end gold prices target to $2700

[sterile oracle]

3k would possibly builld me back?

i heard they had a death?

I am thinking to be bullish for 6 months and build the book.

but there is a bear when the humans stop war etc...?

[plucky stag]

no idea man

[sterile oracle]

the suez canal needs work

hence the war there

[plucky stag]

thats why i just risk managment nobody is right all the time

[sterile oracle]

they have to widen

1841 take a look

[plucky stag]

instead of thinking of one big ass trade chunk your trades and make a plan

[sterile oracle]

noted

i need to scalp for now

its not natural to me

[plucky stag]

you dont need to scalp...just dont hodl drawdown for months lol

[sterile oracle]

my drawdown is there

and I had to put more to support

[keen turret]

Yes

[sterile oracle]

it means that I have 2065 positions

my daughters can profit? lol

I plan to trade away

[plucky stag]

well idk mate. i would say if you make 80k just take the L on those

[sterile oracle]

eventyally take the pain and slow start

[plucky stag]

breakeven and start new

[sterile oracle]

yes

[plucky stag]

hell maybe even 40k

idk how much you can make in a month

[sterile oracle]

i will take 40k... want to try to make this FTMO thing.. will remove pain.. if I am any good

i will go back to property if I get depressed enough..

i love to trade and have knowledge....

these humans make the chaos.

[plucky stag]

well 80k is not the end of the world

[sterile oracle]

yeh its not

but annoying

it was 77k btw

and I rescuced 18k

so maybe 50

but my positions can bring me back

I have refused to sell

[plucky stag]

you could have just opened a hedge buy just in case

and sl at your sell positions

[sterile oracle]

hedge with margin is insane in terms of management

it moves so fast at 500%

i would have vomited

[plucky stag]

imagine hedge buy from 2100 to 2400 lol

thats a fortune

[sterile oracle]

i know

but when its live......

you go into preserve.

[plucky stag]

like i said the managment is simple....just put sl at your sell positions entry

[sterile oracle]

yeh infact ,, if I was a full bull, I would have gone on vacation.

[plucky stag]

then you would move sl to BE

[sterile oracle]

I use teh tech for this,,,

hence I did not blow the book

I was left weakened

Monday should be a good day.. I will reflect and start

I can get my 50k back...

i hope.

i have been able to make 2-5k in hours...when the female dog of gold trends..

XAU is complicated... that at least is true

[plucky stag]

today if you shorted the top on gold you would have made 1k pips

1k in few hours is insane

[sterile oracle]

🙂

i shall listen with you..

I was on vacation.. soooooo

no profit!

[plucky stag]

was it a vegan vacation

[sterile oracle]

errr.... not quite...

i have made profit in my time

but the last few weeks made me reflect.

[plucky stag]

good

[sterile oracle]

🙂

[echo kiln]

Yup
Plain PAC market-structure strategy that I had talked about in todays 2nd live stream

BUT, how well does it do in CHOP?

4H chop
15m safe, account not blown.

[sterile oracle]

@echo kiln @plucky stag @glass solar @noble crag @worn hatch I have a plan, a cunning plan, I will draw upon your well thought experiance if you decide to offer me it. @worn hatch once said, to me, you cannot force a trade, let it come to you... This remains in my mind...I am from Monday going to try my level best to attempt to build my FTMO account to qualifying stage. It will show me the discipline required. Before attempting, I shall absorb all news over this weekend to give me a proxy of what I should expect.

[gusty lance]

Is someone name coinbureau.official messaging anyone else about an investment program?

[inland fog]

happy ied too Martin & welcome back..

morning all..

[echo kiln]

fake scam

[gusty lance]

Okay thank you

[echo kiln]

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[midnight river]

@echo kiln from experience which are best pairs to trade the POC FVG/premium/discount strategy ?

[echo kiln]

hmmm, tough call here, as each pair has its own price action flow, and they all change.
That is why I have a watch list, and every weekend ill review and flag the ones that maybe setting up for me during the upcoming new week.

[sterile oracle]

Which ones are you thinking? would you do a review based on last weeks action then attempt to preempt>? I would be looking at the daioly charts over the course of today

[sterile oracle]

ok... opening trading view... after a week... no idea what I will see...

beach to traiding!

well not looking bearish...

i think the world is going a little nuts... note iran....

2440..?

i was shocked at 2221..

I read some news that gold is going parabolic...

technically and I dont know if this pair exists you could trade XAU and BTC again USD...

USD is fubar

until they have political stability...

thoughts of the morning.

my approach is to trade between 2167 which seems a decent drop for the week towards 2440....

views? @echo kiln @inland fog @plucky stag @ kingfisher?

[inland fog]

xau buy below 2326- ~ 2318 sl 2317

TP 2375
TP 2395 / imbalance fair value

gap area then counter back sell

should be sideway till the end of april we will see again atleast now we know the resist for temporarry 😄

[sterile oracle]

but we have some war due on tuesday?

war makes growth in gold

[inland fog]

oil price for sure if war

[sterile oracle]

yes...

Biden said to Iran .... "dont"...

they are arming now

and they have many barrels

[inland fog]

gold tools for hedge economic crisis

[sterile oracle]

yes always

when in doubt buy gold they say

[inland fog]

gold rise because china & japan keeping buying gold

[sterile oracle]

yes... china has a small economy issue

property issue

japans plan to pump their currency failed

it seems JPY is desperate

and could be shortable

there is a lot of taiwan tension also

[inland fog]

UJ looks like 155 by psikology level test

[sterile oracle]

they are holding too much USD

due to exporting

and they dont know where to put it apart from XAU

the US itself is simply using war action to drive their economy

[inland fog]

just waiting tappering off $ like 20212~2013 😄😄

$ must back to US 😄😄

[sterile oracle]

possibly wont happen... BTC is causing issues as its also parabolic... the halving I saw last time caused a pause... then something insane over years

[inland fog]

toooo much printing money, to many isue too in US

debt ceiling, inflation also election

[sterile oracle]

The us is currently finishing its debt cycle

its end of april after all.

they hit their 31 tr level.. twice last financial year

their production looks great per news...

[inland fog]

next week good for compounding kebab buy & sell range xau only $15~35 😂😂

carefull

now entered wave4

wave 5 not finnish yet

nobody like wave 4

[sterile oracle]

🙂

35 dollars range?

thats explosive?

[strange gulch]

which ict mentorship is better for me as a beginer 2022/2023

[inland fog]

from bottom low in monday or upper..

will be sideway for a while, usually make pattern triangle 1st

will se in asian ~ london sesion in monday

[sterile oracle]

thats a decent range of pips

I have read a report from goldman sachs.... they are saying 2700 by end of year...

thoughts?

[weak egret]

not true, women in abusive relationships at least get paid

[elfin turtle]

Hello everyone, who will you contact for shopping?

[snow helm]

Good day everyone, please I need access to strategies @echo kiln, @rough jungle, @blissful leaf and @worn hatch. Thanks in anticipation as I await swift response 😉

[sterile oracle]

May I point out to save any expectation,

[blissful leaf]

hello, you need to be a subscriber in order to access that channel.

[sterile oracle]

people dont quite share strategies,

Lux is a tool kit

and by hanging out you can learn many things.

I recommend Lux it shows you many things that the normal eye cannot see

[snow helm]

Thanks for the reminder

[snow helm]

I just subscribed....

[sterile oracle]

excellent, may it bring a smile to your face 🙂

@worn hatch when free, may choose to share his setup, its clean and clear some of the best I have seen.

[snow helm]

Thanks man. I have always wanted to join though

[snow helm]

That's cool....

[sterile oracle]

it will pay itself and you can have some fun... keep to the rules though and be strict to yourself!

[snow helm]

Yeah....

[blissful leaf]

if your discord is connected properly, you can see the #1128499789437354106 channel.
https://app.luxalgo.com/account/connect-accounts

[snow helm]

Okay thanks

[worn hatch]

Learn the Indicators 1st before you jump into the chart to trade

Start here

#📈must-watch and #🧠core-lessons

Kindly use the link above from caca to access these channels

Once your done let me know 🙂

[snow helm]

Okay

[echo kiln]

Morning

👋🏼

[worn hatch]

Important tip .. stay away from social media when trading .. 90% is psychology

[snow helm]

Thanks kingfisher. I trade more of gold. I actually feel lux would tweak and make my trading clearer.

[sterile oracle]

90 percent is madness?? and bear related..

@worn hatch do you feel I should go moo on the golden shiny thing?

i have spent an entire week poking a bear... seems sleepy

this looks a little like a range...

I can play scalping 2440 seems like the top gun danger zone

or... perhaps monday market UK causes a correction?

[worn hatch]

The chart will tell you the direction based on SMC setup but media will half tell you to buy and others will tell sell .. while may get confused as to what to believe and later blow your account blaming others and yourself too

[sterile oracle]

This I know,,, one of the things in the media, is they will be trying to cool matters on USD. Its taking a hard hammer as well as US and GBP

If the media force movement, I may not trade

the USD is a total mess now

[sterile oracle]

@kingWhats your bais on technicals... and how much do you expose through a scalp?

how much does SMC drive?

for example on the 4 hr i see this...

this shows me shorts are possible on monday due to extreme pressure last week?

remember I have been on vacation for a week!

[worn hatch]

Iran and Israel war gonna start soon

Gold : France and Russia has warned ⚠️ their citizens not to travel to the middle east .. tension rising between Iran and Israel

Gold and oil will increase .. we shall see Gold to 2500 by mid May

[sterile oracle]

Iran have resolved to begin Monday. This I know.

I have seen 2700 possible end of year?

This means I will only long scalp for now

[worn hatch]

During rage of war fundamentals and technical do not work

[sterile oracle]

I have seen what gw1 and gw2 have done.

[worn hatch]

I'm scaping all the time

[sterile oracle]

yes your style

I enjoy bear scalping as its fun

but right now for a few years, I may not

[worn hatch]

I don't need news trade but just vols for my 20 pips

[sterile oracle]

20 or 200 lol 🙂

[worn hatch]

2-4 trades per day is more than enough

[sterile oracle]

I suppose your correct.

[worn hatch]

20 pips or $2

[sterile oracle]

I can see 2$ pretty easily monday morning

but, I see a price before US open touch 2322 before going back

thoughts?

[worn hatch]

10 lot size + $1 (10 pips) = 1200 USD
10 lot size + $2 (20 pips) = $2500 USD

More than enough to end your day

[sterile oracle]

indeed

but using 10 lots would kill me each trading day with stress!

[worn hatch]

For that you do not need rocket science charts or strategy

[sterile oracle]

all my rockets crashed somewhere

[worn hatch]

Simple and clean plan and strategy is more than welcome

[sterile oracle]

I will try to read and follow

I will absorb news to try to understand what "XAU could do or do not"

I am guilty of being to pre forecasting

I can see some profit taking Monday due to financial year being immenent

Liquidity will need to be released to corps to pay bonus etc.

[worn hatch]

This is for you too to learn @snow helm from the above

[sterile oracle]

🙂

[snow helm]

Very useful kingfisher. I have gone over it.

[sterile oracle]

for our benefit of the comunity, purley focused on XAU, I will gather and sumerise all the information I can garner. It seems to me that XAU will hit that 2700 spot and will be erratic during consolidation phased Monday and rising Wednesday... let me reflect.

[snow helm]

You need to understand gold trading expecially on long term basis. I already knew gold would be bullish.

[sterile oracle]

hell I will be mega lazy.. I will force chatGpt to read all the news and make a summary

XAU will be bullish for a generation

[strange gulch]

@worn hatch can you pls give me a suggestion which ict mentorship is better for me as a beginer

[sterile oracle]

Trading XAU/USD (Gold/US Dollar) involves analyzing various factors that could influence the price movements of gold. Even if the overall trend appears bullish, it's wise to consider potential bearish signals to develop a balanced trading strategy. Here are some factors to consider that could indicate bearish tendencies:

Strength of the US Dollar: Gold is priced in dollars, so a strengthening US dollar can make gold more expensive in other currencies, reducing demand and potentially lowering prices. Watch for any positive economic data from the U.S. or policy announcements from the Federal Reserve that could strengthen the dollar.

Economic Data Releases: Keep an eye on key economic indicators such as GDP growth, employment data, and inflation rates. Strong economic performance tends to boost investor confidence in riskier assets, potentially diminishing the appeal of gold as a "safe haven."

Market Sentiment and Risk Appetite: Increases in risk appetite generally lead to lower demand for gold. If stock markets are performing well and geopolitical tensions are low, investors may prefer equities over gold.

Technical Analysis: Check for any technical patterns or resistance levels that could indicate a potential reversal or slowdown in the upward momentum of gold prices. Moving averages, RSI, and MACD are useful tools to spot these trends.

Geopolitical Events: While these often have a bullish effect on gold due to its safe-haven status, certain developments might reduce the need for such safe havens, such as resolutions to conflicts or successful trade negotiations.

While the general outlook might be bullish, incorporating considerations for potential bearish movements can help in setting stop-loss orders appropriately and in planning for scenarios where the market moves against your initial expectations. Diversifying your trades, rather than going exclusively long, could mitigate risks associated with unexpected market movements.

just for a laugh

so now...

I ask this

[worn hatch]

Learn the mentorship 2022 full and then stick to Silver Bullet.. 3 times daily so you don't need to be on the chart whole day

The 1st two session are profitable but the last one is just too slow to move and will give max 20-30 pips more in Gold to be precise

[strange gulch]

thnx

[sterile oracle]

i am about to be boring.......

[echo kiln]

@smoky egret try here, let me know

[sterile oracle]

so basically,....... I have a master gold plan...

[snow helm]

Your point were actually valid and I see value it.

[sterile oracle]

When it drops...... I will buy at least for 4 days

but I shall not hold

I will try and get out

So i plan to buy on the pull back which is intensive.

@worn hatch feeling on pull back and should I get involved based on FTMO scenario?

i know you will say "let the trade come to you...."

[strange gulch]

salute to your patience

[sterile oracle]

so I am asking AI direct questions

I am going to force it to give me guidence.

some key times

12.30 GMT looking a little nuts....

nice time... to wait

[strange gulch]

can you guide me

@sterile oracle

[sterile oracle]

I cannot sadly guid many

as you see I am being guided

[strange gulch]

how you have that much data

@sterile oracle

[sterile oracle]

so this shows me what I thought... but its binary thinking unless they come with a surprise.

[strange gulch]

can you give me some book's pdf or files so that i can start my journey

[sterile oracle]

I would be leaning to be bullish... biden was speaking about war yesterday to iran and said "dont do it". guess what they will prob on Sunday ...

[sterile oracle]

I am by no means the best person to advise. I can link you to fxstreet for example. To begin you need to absorb almost anything... Lux is a brilliant tool kit and even then there are lots of styles to trade.

[strange gulch]

actually i am not a beginer i have some knowlage

[sterile oracle]

@worn hatch stated be patient

I support this

[sweet vortex]

well i am a beginner

hello everyone

[sterile oracle]

if you are a beginner, make a demo account

and challenge yourself to profit

make thousands of trades

and open your mind

dont be afrain of research

[strange gulch]

if you are comfrtable and if no one is giving you reply we both can discuss about markets

[sterile oracle]

we discuss lots of opportunites in the week

[sweet vortex]

lets discuss

[sterile oracle]

this is not an easy sport

I have been on vacation so I am trying to re-connect to the markets

there is a lot that happened last week

[strange gulch]

i think this is not a sport

[sterile oracle]

🙂

well not for me as I eat kebabs

with Eid done... I am better slept

so dedicated

the sport will be with you. As beginners, I can advise that stress and mental fatigue have a place to play in a trade...and only logic can win with patience and pressure

[strange gulch]

which chart should we discuss?

[sterile oracle]

I dont feel I am qualified to give such guidence. Lux has some cool live classes hosted by @echo kiln . I would advise to attend and listen.

[strange gulch]

ok what time when he go live

[sterile oracle]

its gets announced

@echo kiln i know its morning with you.. can you let our fellows know?

[strange gulch]

ok

[sterile oracle]

hmmm i am looking on this...

CHF is stable as hell.

there is a pick there in my opinion to go long when the ocilator dips...

may be first trade after asian closes monday

[strange gulch]

my opinion to go short

[sterile oracle]

no

so this is what I learned...

[strange gulch]

why

[sterile oracle]

on this pair....

for example...

this is a 1 day....

to me it says MOOO

and its no where near he ceiling

so in my case I am looking for an entry

the second chart is the ocilator

I will set an alert to enter long

the logic here is that its been possibly overbought but destined to rise

can ou see the logic?

looking at a 4hr char...

[strange gulch]

let's see my opinion is to go short

[sterile oracle]

still mega bullish..

but the limit there is not the real one for a week a trading..

it has 2 shoulders

then drop again

[sterile oracle]

whats your TF on that chart?

I have an entry here...

[strange gulch]

@sterile oracle i will take short in my demo acc. lets see who's analysis is strong

[strange gulch]

4h

[sterile oracle]

same

I can see a dip

so I will go long on that price

and aim for 20 pips

are you going to scalp or swing

?

I will swing to the previous high on friday...

this will take 2 days i guess

[strange gulch]

i will also aim for around 25-30 pip

[sterile oracle]

dont try for more

often times 10 pips can make you smile

[strange gulch]

yeah completely agree with you

[sterile oracle]

you could get a decent short inbetween...

the USD is about to brown itself./

[strange gulch]

i will go with usd/chf and short for 20 pips

[sterile oracle]

be accurate on entry i advise

as you are going against trend

[strange gulch]

yeah

[sterile oracle]

if you are new look to make a long entry

at the right time

entry is everything

also

[strange gulch]

yeah

[sterile oracle]

dont leave your pc during the trade and I heard from @plucky stag if a trade is wrong for 15 minutes, cut it and look again

another think i remember is that you must look for the candels

it means if you use H like me, you need 2 candels to be complete on a trend to confirm analysis

dont be too proactive.

[strange gulch]

i think i should take a 20k demo acc. and take trades for 7 days and se how much is balance

[sterile oracle]

once again, I am not able to advise

[strange gulch]

i am just telling you

[sterile oracle]

I really hope you enjoy trading

[strange gulch]

yeah

[sterile oracle]

perhaps you will teach me soon...

[strange gulch]

how much exp. you have in maket

market*

[sterile oracle]

https://tenor.com/view/camel-riding-sahara-desert-gif-11058387

well while on vacation, I deleted my memory...

[strange gulch]

i think you should start meditation

[sterile oracle]

https://tenor.com/view/kicked-kicking-kick-gif-19001182

i will consider it

[strange gulch]

no for memory meditaion is good

[sterile oracle]

I do complete the breathing and sleeping thing... so 4 seconds inhale 2 seconds hold and 4 seconds exhale.... people find it odd when I get bored of speaking with them and suddenly start.

the wife is bored of me doing it while pretending to be deaf

[strange gulch]

see you in the monday morning

[plucky stag]

Well if you are scalping max 1 hr

Good trade is 15-30min

[sterile oracle]

🙂

@plucky stag you know more than me, @strange gulch just hang out and you will start to learn organically

[strange gulch]

@sterile oracle don't say you don't know so much it can affect your mentallity

[plucky stag]

we know nothing

[sterile oracle]

i am insane#

[plucky stag]

be humble always try to learn.true learners never say they know much

[sterile oracle]

just keep asking for thoughts and form your own...?

There is not a single identical trader on here

there is no magic formula

[strange gulch]

yeah but they also don't say they don't know anything

[plucky stag]

believe me we all know nothing

xD

[strange gulch]

yeah i am agree

[plucky stag]

Once you accept this fact you will succeed

[sterile oracle]

https://tenor.com/view/hump-camel-bite-animals-gif-16069623

@plucky stag and @worn hatch are very fine traders. But they dont trade the same way at all. Then there is me

[plucky stag]

the only two things you need as a daytrader is a trading plan that fits your personality and risk management to make sure you can do this long term

[sterile oracle]

@strange gulch one more thing to understand that you are playing with fire and using a test account can validate your technique

[echo kiln]

Just got this? know about what?

sorry

oh the live streams?

[strange gulch]

it is not fire and i am going to take a funded acc. after make good trading plan

[strange gulch]

yes sir what is the time of live streams

[sterile oracle]

a funded one is close to 500 USD and very strongly controlled and hard to pass fyi

[echo kiln]

I start my live streams during the weekdays about 10:30am-11:00am NY
The recordings are posted here in the members area:
https://discord.com/channels/641770286638694402/1199356285813006367

[sterile oracle]

@echo kiln is a trader himself and can teach you many things you have not thought of.

https://tenor.com/view/horse-kick-gif-13173123

I am simply too kicked to remember

🙂

[echo kiln]

ouch, that hurt

[sterile oracle]

you mean last week

that was a bastard

I went against XAU

[echo kiln]

Yeah, I mean the horse kick, LOLLLL

[sterile oracle]

i am going with the flow now

yeh animals keep attacking me.

i am no dr doolittle

(dont speak of the bear)

[strange gulch]

yeah it is hard but i think iwill do with guidance of you and other expert trades of this room

[sterile oracle]

take your time

I am no expert

remember I was just kicked by a horse.

[strange gulch]

you are

[sterile oracle]

but if you hang out... you may just get some good experience for your own decisions

one thing about trading is it takes seconds to make a trade... then you have to wait..

so what do they do... they have a chin wag and speak about matters...

sometimes the trade is not going right and you need to make your brain focus on random matters while its either right or wrong

[weak egret]

anyone else find it easier to do technical analysis in markets that are not that big? in something like the ES, i keep second guessing myself and overanalysing because i assume everyone already sees what i see.

[sterile oracle]

The side effect is you will have a higher percent win rate I feel. However, you may become bored..

[echo kiln]

Its not about how we enter, doesnt really matter, we either go long or go short.
Half of traders will pick one side or the other, thats it, no other choice to enter, either long or go short.
The KEY is, how we manage and exit the trade, THIS is the KEY.
My honest opinion.
Focus on how to manage a trade, and this will be your HOLY GRAIL.

[sterile oracle]

I agree, but the entry point being perfect makes you 🙂

thats ES I think

its dumping...

could be a long there?

dont know market velocity

[echo kiln]

I can be more profitable at 40% win rate, versus someone that is 80% win rate, if that other person has no clue how to manage

[sterile oracle]

style. I go for about 60 percent... as 50 and below has a mental cost to me.

[echo kiln]

Not about the wins, its about the losses

[sterile oracle]

if the 40 percent nets more then its the best approach

@echo kiln 40 percent is a swinging game me thinks..

as you are going for the bigger trades to compensate for the 60 percent losing ones

your style to me would make me be kicked by horses and camels 6 times for every time I have money which my wife will spend!

however...

if I was to see your book

I bet your semi scalping

and taking the ocasional mega trade

?

If I was at a school and told of 60 percent of the time with 40 percent being congratualed, my self esteeem would be with a horse ready to kick me

off*

however your bottom line would be excellent in terms of profit

[weak egret]

Even for ladder/dom traders? I'm pretty sure entry matters a lot for scalpers

[sterile oracle]

Dom is death of market/

Order Flow Analysis: DOM traders often analyze the flow of orders to predict short-term price movements based on how orders are being filled.
Level 2 Data: The ladder DOM uses Level 2 market data, which includes information about the price levels of buy and sell orders beyond the best available price, providing deeper insight into market sentiment.
Ladder DOM trading requires a keen understanding of market dynamics and quick decision-making abilities, as it exposes the trader to real-time market actions and reactions. This type of trading is popular among professional and institutional traders, who benefit from the detailed information about market orders and can manage the rapid pace of changes in the trading ladder.

@weak egret

you can do this?

[weak egret]

no, i'd rather use something like TPO.

[sterile oracle]

time price?

so your essentialy price action based on entry?

I am an old institutional trader

but my style for going solo does not work as I need economic capital of over 8 percent

which is low

[weak egret]

if u wanted to analyse every bit of price data, i'd use something like tpo instead of watching the ladder.

[sterile oracle]

interesting...

I enjoy watching candels build//

they tell you a 3 hour story

i am interested in tPO

let me see if I can destroy one of my charts and see whats up

[weak egret]

im thinking of getting rid of candle/naked charts altogether and replace it instead with renko/heiken-ashi

[sterile oracle]

k

so I ended up on this...

TPO added

its actually quite good

i am XAU

so...

on basis of TPO if I was to back test....

facinating

let me see If i can make alerts...

[weak egret]

TPO is this

[sterile oracle]

thats what I just did

I need to grab the pine.

I am colaborating it with lux

this could be interesting as I just need to make the study and strategy

thats the raw code

ok I have modified it... I am not selling it... use it free.. It seems to help trading with Lux.....

//@version=5
indicator("Realtime TPO Profile [M]", shorttitle="RTTP", overlay=true)

// Inputs
sess = input.string("D", title="Session Length", options=["60", "D", "W", "M"])
textSize = input.string("Small", title="Text Size", options=["Tiny", "Small", "Normal"])

// Logic for displaying TPO counts or some related information
plot(close, title="Closing Price", color=color.blue)

// Additional display elements based on user-defined settings
if (sess == "D")
label.new(bar_index, high, "Daily TPO Start", color=color.red, size=size.small)

[strange gulch]

hi @sterile oracle i am back bro

can you tell how to use mt5 in pc

[vivid pine]

Does the premium plan include the price action tool and the bot?

[sterile oracle]

MT5 I have not used,. however I know more on MT4?

[true hollow]

Download it?

[sterile oracle]

you can use MT5 or 4 they are not that different

find out which your broker uses

[strange gulch]

let me download mt4

[strange gulch]

already downloadad

[true hollow]

Bro then watch YT Tutorials 😂😂

[strange gulch]

that's not funny

[sterile oracle]

on the easy wat with MT4 you need to add the server broker username and password. It should reflect your balance after

[strange gulch]

thnx

[sterile oracle]

ok

@weak egret @worn hatch @echo kiln ....... I have made something...

The code is called M has been kicked by a donkey

sorry camel

i thought it was a donkey

the PF is GT 2

@weak egret I have taken what you said and coded it

in pine

this is a scalper code i think

ok all done...

this is a strong one...

thats what she said....

this at 5m is scalpable.

on 3m... it commits suiside.

@plucky stag @worn hatch crayon drawing ok?

[worn hatch]

Adding Camel and madness will only screw your chart plan

[icy wraith]

Gentlemen, I am a beginner and I want to learn how to make a trading plan?

[echo kiln]

This may help
https://youtube.com/playlist?list=PLbqCXsOfrM3NM53V5U9Nf1sgh5gx9yw6F&si=qeCmxr6BH1hL2cXF

https://youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC&si=rukjSvBfaQW7ZmTE

[atomic thorn]

Hi sirs

Please I wanna invest into bitcoins and other cryptocurrencies.

[echo kiln]

This may help
https://youtube.com/playlist?list=PLbqCXsOfrM3NM53V5U9Nf1sgh5gx9yw6F&si=qeCmxr6BH1hL2cXF

https://youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC&si=rukjSvBfaQW7ZmTE

[split night]

Iran launching drones at Israel I think we’ll see gold go to $2500

[noble crag]

TF ?

BTC dropping

[echo kiln]

tell him to log on again @noble crag

[tawny warren]

hi what is this script used for exactly?

[inland fog]

morning

[inland fog]

still triangle pattern

[echo kiln]

Morn

👋🏼

[noble crag]

Money gonna be crazy for DXY & Gold trade cautiously

War tensions 💀

[echo kiln]

Wild week ahead

[sterile oracle]

my thoughts yesterday about gold possibly pulling back a little could be totally wrong now as Iran has gotten funky, part of me thought it was bravado.... this should be facinating

[inland fog]

oil will be gap up in monday morning

[sterile oracle]

This is mainly RSI based with MA it backtested well... I do agree its quite complicated

[inland fog]

recognize the types of gaps

common gap or break away gap

[sterile oracle]

it was designed by integrating volatility (Bollinger Bands), momentum (RSI), and trend (MA) indicators. One of the other members suggested it and I then thought to throw these in as well and try to code it. I managed to remember enough to code it and had AI fix my syntax.

[sterile oracle]

are you refering to this? https://www.youtube.com/watch?v=unJeicaWRk8

I will attempt to code this.... I have no idea what could happen to the profit factor based on this, however, I can see there will be fewer entries before a scalping session

[tawny warren]

OK thank you I will try that right away

[sterile oracle]

on XAU the daily chart looks like there is no change... with what I am watching regarding Iran now, will push up XAU. That is a very high level of war that I have not read about since 1973 .... bear in mind this is before I was born. https://2001-2009.state.gov/r/pa/ho/time/dr/97192.htm#:~:text=On October 6%2C 1973%2C Egypt,to supply the Israeli military.

does this archive seem oddly familiar with what you see today?

At the start of the 1973 Arab League War, also known as the Yom Kippur War, which began in early October, the price of gold was around $94.80 per ounce. This was a period of significant financial uncertainty, which typically drives investors towards gold as a safe haven. Over the course of the war, which saw heightened geopolitical tensions and economic uncertainties, gold prices experienced a noticeable increase.

By the end of 1973, gold prices had risen sharply to approximately $106.48 per ounce, reflecting an annual increase of about 66.79% from the previous year's closing prices. This significant rise in gold prices during and after the conflict underscores the metal's status as a "safe-haven" asset during times of geopolitical and economic turmoil.

If history does indeed repeat... A 66 percent increase from Friday's closing price of XAU at c $2409 would result in a new price of approximately $3998.94 per ounce. ​This would be over the course of this confilict.... Dont worry I knocked the bear out for a while by feeding it a lot of stuff...

Adjust Bollinger Bands for Increased Volatility: During high volatility periods, like a geopolitical crisis, the standard deviations for Bollinger Bands might be adjusted to better capture price movements. You might consider increasing the bbStdDev from 2 to 2.5 or 3 to widen the bands and reduce the risk of frequent, volatility-driven exits.

Modify RSI Levels: In volatile markets, the RSI levels might be adjusted to account for more frequent and sharper price movements. Consider setting more extreme thresholds, such as 25 for oversold and 75 for overbought conditions, to avoid false signals.

Stop Loss and Take Profit Adjustments: Given the potential for larger than usual price swings, consider using a dynamic stop loss and take profit based on a percentage of the average true range (ATR) rather than fixed pips. This approach adapts to changing market conditions and can protect gains or prevent losses during sudden market moves.

stay the hell away from news this week!

[tawny warren]

@sterile oracle sorry sorry sir but the script displays a lot of messages "no viable alternative at character" you can instead give me access to your script that you created please finally if you want

[sterile oracle]

I have not back tested this yet...

I will deploy and write back,,,#

this is war adjusted.

[tawny warren]

thanks you 👍

[bleak elk]

Hai

[sterile oracle]

//@version=5
strategy("M has been hit by a camel", shorttitle="M has been hit by a camel", overlay=true)

// Inputs for TPO Profile and other indicators
sess = input.string("D", title="Session Length", options=["60", "D", "W", "M"])
textSize = input.string("Small", title="Text Size", options=["Tiny", "Small", "Normal"])
rsiPeriod = input.int(14, title="RSI Period")
maPeriod = input.int(200, title="MA Period")
bbLength = input.int(20, title="Bollinger Bands Length")
bbStdDev = input.float(2, title="Bollinger Bands Std Dev")

// Calculations
rsi = ta.rsi(close, rsiPeriod)
ma = ta.sma(close, maPeriod)
bbUpper = ta.sma(close, bbLength) + bbStdDev * ta.stdev(close, bbLength)
bbLower = ta.sma(close, bbLength) - bbStdDev * ta.stdev(close, bbLength)

// Strategy Logic
longCondition = ta.crossover(rsi, 30) and ta.crossover(close, ma)
shortCondition = ta.crossunder(rsi, 70) and ta.crossunder(close, ma)

if (longCondition)
strategy.entry("Long", strategy.long)
strategy.exit("Close Long", "Long", stop=close - 60 * syminfo.mintick, limit=close + 100 * syminfo.mintick)
alert("Long Entry Signal Triggered", alert.freq_once_per_bar)

if (shortCondition)
strategy.entry("Short", strategy.short)
strategy.exit("Close Short", "Short", stop=close + 60 * syminfo.mintick, limit=close - 100 * syminfo.mintick)
alert("Short Entry Signal Triggered", alert.freq_once_per_bar)

// Plotting
plot(rsi, title="RSI", color=color.purple, linewidth=2)
plot(ma, title="200 MA", color=color.orange, linewidth=2)
p1 = plot(bbUpper, title="Upper Bollinger Band", color=color.green)
p2 = plot(bbLower, title="Lower Bollinger Band", color=color.red)
fill(p1, p2, title="BB Fill", color=color.green, transp=90)

// Alert conditions
alertcondition(longCondition, title="Buy Alert", message="A buy signal was triggered based on the strategy conditions.")
alertcondition(shortCondition, title="Sell Alert", message="A sell signal was triggered based on the strategy conditions.")

I would use this cautiously, I have not tried it live yet...

[tawny warren]

another scam

[echo kiln]

Removed

[sterile oracle]

lol when I adjusted my code for war conditions, I ended up with 1 trade 100 percent profitable... I would be more insane if I used that

the 2.0x profit factor from yesterday should work well.

I am thinking about RSI and wonder if an 80/20 split is better as its tighter for normal forex. 70/30 i have used for XAU as its insane to trade...?

80 to 20 is not the answer

the key i found was rsi driven based on if its bullish and in XAU this is try...

I have improved the profit factor

I have now added 0.618 fib retracement... no idea... strange sunday work....

ok finally, I went to 3mins and got something... I dont have arrows I have red and blue dots...

this combines all the measures on 3m optimised

I note a correlation between the fib and the ocilator of lux...

I would not use this unless you know how to scalp but it could help

[sterile oracle]

this is rather unusual...

it seems to show me a direction before it happens

a little too soon before it happens!

thats on 5m

[strange gulch]

what is the timeframe

[sterile oracle]

5 minutes

i would not recommend using this in isolation

you will need to combine it with every tool there from lux

it seems rather good at spotting reversals though

[strange gulch]

i think i should go long in it when market open's

what is your opinion @sterile oracle

[sterile oracle]

this is only my thoughts... so, XAU as a beginner trader is like playing with fire. Its a Sunday when a new war has just started. My memories of war show that people buy gold with instability. The who suez canal area which moves a huge amount of oil islogistically very expensive now based on implications of cargo.

The view I have is that this may be an extream volatile market

[worn hatch]

Wait for the gap open and later covered in Asian or UK session tomorrow to fly back up

[sterile oracle]

agree