#💱forex-chat
1 messages · Page 145 of 1
Good morning
LFG
Another one 😁
I'll stop with prop only when I'll have 1mil in my personal acc 🤣
good work.
if you can trade this way
you have income for life in my humble opinion.
however keep your full time role... just in case... playing with gold is playing with fire
More like lava 😁
xau is good for normality as you can make quite a lot per minute
Ye
but when news comes.... run
i almost finished my rekt code
I cannot work out what animal to assign it
lol
the biggest challenge
otherwise I will forget what I made
@echo kiln suggested it.. I dont know if its generic, but I like to improve things.. so I am thinking
also I am optimising for 3 m scalping
on xau specifically
no idea if it can be applied on other pairs
Can I make a suggestion?
You need to link your discord & TradingView account to your LuxAlgo account
sure
Will the signal be bullish or bearish?
well based on my interpretation of it, its a "point of no return". When I read the original script, its basically a total confirmation on failure on the trade. Like a stop loss. It indicates reversal.
thats why @echo kiln was suggesting osriick. However I am thinking its more like a land mine
I have decided to combine this with RSI
and dedicate it to scalping
its like a "stop your scalping and get out of dodge type thing"
@sterile oracle my first trade of the day
yes
you are doing what I have! thats billiant
🙂
what percentage of your book are you using?
i would be careful...as this looks quite agressive to me
its def in camel mood
but watch the news
here is the timtable
this is what i see on a 1 min chart.... you must be able to absorb a lot and its cluttered so dont try it
also
go in direction of higher time frames
as this is basically making me insane
but also i can buy kebabs
the fundamentals I saw are now true
so the technicals can allow me to trade until news
I closed all my positions at 2309
already?
Yupp
I already did as I was getting 100 pips
good brother
Good thanks you?
If you need support you may have to email them but there are some mods here who might be able to help
or there is support chat in discord too
some big news coming up
Can the backtest strategy's, can they be use in live charts to take entrys, just like the backtest with the arrows, n thanks in advance, new here.
hi
i think backtesting can prove your strategy
however, you perhaps should consider it as guide and provide confidence.
Geopolitical Tensions and Economic Uncertainty: If these remain high, gold could see its appeal as a safe-haven asset increase, potentially driving prices up. Given the recent trends of rising prices amid geopolitical risks, this could suggest a moderate likelihood of price increase if such conditions persist.
Technical Resistance and Support Levels: Technical analysis shows resistance and support levels that might either cap gains or establish floors for price drops. If gold is currently near a strong support level, the probability of a rebound could be higher, unless the level is broken downwards.
Market Sentiment and Economic Indicators: The upcoming economic data and overall market sentiment will significantly influence gold's price. Positive economic data typically strengthens the dollar and might push gold prices down, while negative data could do the opposite.
Considering these factors, a rough estimation might split the likelihood as follows:
40% chance of an increase: If geopolitical tensions escalate or economic data weakens the USD.
60% chance of a decrease: If the market absorbs the geopolitical news without further escalation or if upcoming economic data strengthens the dollar.
i will be closing trades to wait for the explosion
in some form of direction
does anyone know if i can change HH HL colours?
HH and LH are both red and i dont want them to be lol
HL and LL both green as well
what is your shoulder code generated from?
what would you wish them to be?
the market structure is fine i just want the HH HL LH LL to be different
but you could just code it?
bro i dont know how to code 🤣
Okay 🙂
Nah
i dont use equal HL
good
it is swing high/low i think
?
if they are both the same level its something you cannot really trade on as there is no trend
do you see those colours...
no you have me mistaken lol
click on them and change them as you desire
i just want the alerts to change colour on the chart
atm they are red and green
i want them blue and yellow
click on the green make it blue and click on the red and make it yellow
where in the settings tho?
like this...
one moment
so if i am entering I go settings
now say I want HH
to be purple...
Waiting for gold setup and will wait for news related to UK
I am bias as I was reading the news yesterday towards a further fall.
i think EUR/USD can give a big move
thats out of my area as you know I focus on XAU
will that change the HH HL even tho i dont have enabled?
yaa
let me try
but i have done gold
@sterile oracle no did not work 😦
as you seen in my last screenshot
try this.. work out how to add the HH LL and find the route of what is ticked. then look for its colour
I will try also
I dont rely on this much as I seem to have already included it as a factor
speeches today i think soon
i think it is the swing high/low which does not have colour options
Eur/Usd has recently cross EQUL. and now returning after touching OTE-1
perfect
i am seeing this on a 1m chart...
meaning I will scalp until the news for a few kebabs
my code will create confluence
so i can see a signal 1 bar in advance
when lux agrees with me I take it
but bear in mind time frames
as this is 1m
What can we do for you?
possible for EU
send it again
TP1 HIT GBPNZD SHORT
same SL same Target
But DXY still strong bullish so thats not so good for EU,
ok i made this weird approach on a 1m
you need to use LTF to understand the direction
and reject the opposite approach
at the moment
but this is 1 min
so its scalpable
but this could change
also look at 15m
or 30 or 1 or 4 or even 1D
but rules say
After a market makes a run Lower and begins to retrace higher, look for a rise above 50% of the Price Run Lower
M want another russian doll analogy about time frames?
each time frame is like a hand on a clock lol
moving faster the smaller you get down
Been in EU sell since Monday... only 40 pips but I'd be happy with 40 pips a week lol
Tight range on the daily Gold
When will this break out?
I’m short gold choppy as hell really painful
Don't worry bro after news it will dump
It may go till 2305 or below
I'm shorting gold from 2316-2317
@sterile oracle What do you think ?
Gold is gonna dump my target is till 2305 and then will be trailing
Just the claims are less than the forecast
its pre news
i am 60 percent bias on camel
but I need to watch
I am expecting a shocking 1m
its sitting at lux;s prem which is matching my animals
there is a candle forming
finally lux agreed with me
so sad on EU,sl got hit and price star to move
.
nice
lux was 15 minutes behind but we showed it..
means I have a lot of condfidence
anything shocking can happen at news
so defend
all cammeled out...
Why was lux 15 minutes slow, are you saying you know 15 minutes before lux shows? @sterile oracle
yes
It always happen 1 pump and then dump
defend this if you are exopsed
we are going back slowly to 2307 which is the average
Interesting you know before Lux, so you can see the future? @sterile oracle
might go little bit down but it will go back to normal
@sterile oracle this is my friends account who does gambling
I dont advise to gamble
if i saw the future, then I would have seen the end of time. I am just different.
@tacit oracle as a physics fellow, you will know or understand my logic well.
looking for sell on GU i think
only by 15 minutres
@tacit oracle
Yuup near about 6k today in just 30 mins
very good
protect your exposure
and learn to take losses even when you are right
thas a u
that a U
welcome you wil love lux
Yeah everybody say that
I wanna experience it
on the U @echo kiln the camel will be having a sit down they are stubborn
Hey you are very welcome here 🙂 ! Since you are new here I recommend you to check and start from there, I hope youll have a great experience ;
#📈must-watch
#🧠core-lessons
#✨community-guide
Once you're done, there is tutorials in here ; https://www.luxalgo.com/tutorials and here: #1199356285813006367
Learn how to use the LuxAlgo Premium indicators with our playlists of video tutorials from our YouTube channel.
You're gonna love it
Excuse me
No access and unknown chats?
We have lots of banter and can be profitable with with knowledge and dedication
i am not able to see
@sterile oracle I'm sharing a p&l with you tell me how does it looks is it good or bad??
You've to verify your email
Where do I do it
Also, your Discord has not been connected to the LuxAlgo exclusive channels yet.
Go to your welcome email, there should be a Discord link to get you connected to the subscribed channels that are included with your subscription
@frozen brook
Let me do !
Will there be a lux overlay for free in the near future specifically designed for gold? I dont even have money to buy a subscription. Earning with other indicators is hard.
All toolkits are developed for any symbol on TradingView, you just need to optimize for your symbol of choice
Can you suggest something specific . I only want to trade on gold. Rest of the forex is pretty much mostly in loss for me
Ihve connected my account
And i hate these signals providers who keep giving wrong signals and they end up in more loss for me
Great
Signal call out services dont work
Lessons
I am trying SMC to trade on gold. It is pretty much better as compared to others.
Would be nice to have something more useful to give me an edge .
Then Price Action Concepts might be best for you
https://youtu.be/jOamxUcNYEg?si=m7LxpMx6D3ZIYLAu
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...
🥺 Invite only script
It means i have to buy?
But i only have 30 dollars in my account
It moves slower
haha gold is the favorites and most volatile
Well yeah
if you learn that you master all else
Luxalgo is premium
other pairs are boring
Is there any other like price action concepts of luxalgo
its so easufyl for trading gold
i think they have one payed
why you want more?
focus on one thing
Just said it lmao
i will say this once. if you can cope with the madness of gold... you can trade anything
the madness is confirmed by something insane like an america guy speaking a few sentences
agree!
yes, we have to wait for liquidity grabs and hit A Setups OB
Is it necessaary for price to touch the order block or is it enough for price to enter FVG zone. Cause often times i have seen price enter FVG but not go all the way to OB and then reverse.
It can be terrible and kill your account
but never be never confident
you will have some greate movements
nothing is better than anything as an indicator
take time to understand the implication
I try to find on 4H and then switch to 15 mints. But its a pain in the (You know) i have to wait alot🥺
if you are rushing you could rush to lose money
yes dont fomo
usually in london gold manipulates,
or you can lose 10 peoples salary
1h OB detection and then taking trade on 5 mints?
meaning grabs liquidity and changes,
yes that works, wait for choch in 5 minute with FVG
i think that @nocturne ether is learned more than me.
then price will reject that FVG
an excellent trader
yes
we team
its knowledge
better together
Hmmm.. that makes sense. Does it matter if an OB on 4H is alittle displaced than 1H OB . ?
also SMC recommends using MOVING AVERAGE 10 AND 20 EXPONENTIAL
how fast will you trade?
Me?
on what pair and why?
yes
any pair, maybe OIL not
In a video michael is explaining to simplify
trading
1 hr MA 10 and 20
I tend to wait till i get an OB and Price goes near that OB to reject. BUT THIS FVG IS PROBLEM FOR ME. SOMETIMES AND MANY TIMES THE PRICE DOESNT REACH THE OB FULLY AND REVERSES.
you can place order in zones
extreme zones
then you close the worst entries and move SL to BE quickly after 1:1
Is it possible to get a screenshot of what for an indicator you're using for FVG ?
Yes I would be interested
I wrote one this morning
i am cleaning my code up while coding
and trading
what you wrote?
are you new here?
So i should put my limit trades in the FVG zone near the wicks of OB?
me? who?
yes i mean im here since a long time but i was not using this chat
i see
i have more friend in telegram jaja
Same here
can you code?
what do u code?
but for what is useful to me?
Yes
i can code in most object orientated lang as well as sql and SAP and flatbedded data dictionaries. I have detailed information on VPN and proxy as the same time
Thank you 👍🏼
it sounds interesting
better! less distractions
who is doing?
i dont understand anything jaja sorry
even I forget mostly
I think during asian session there is mostly accumulation and during london session as you said @nocturne ether there is manipulation and in NY session there is distribution
@strange gulch what about ur funded acc??
When will you start trading with real funds
Went up from 10 dollars to 31 dollars on gold today lol .. Worst case scenario was drawdown of 2 dollars 🤪
Need something useful to understand price action better.
Are there any two Lux indicator which i can use in conjunction together to be better.
Free ones of ofcourse
Nothing just wanted to take an update
I took 3 trades today
ohh
Yaa
why small timeframe
During NY session I switch to 1 minute
It's hard to observe price action on higher timeframe
Easy for you. ..
During ny I prefer it on 1 min
How do you do it
Depends on P2P
nice
Anyone use the lux algo backyester know if you can use it for other algos other then lux algo ?
So whats your strategy to be more profitable?
Hmm.. oki
just to check, your viewpoint is going long rather than everything I know which is camel based?
no
if i got a good long move i go
and if i got good short move i short
@sterile oracle
yes
give m a sec.
sure
clearly this is impossible?
?
catch you all tomorrow 😄
you too
You can see my messege?
hello?
🙂
ok
i have a problem in sending messege
You two having your own conversation in a forex chat is blocking up the chat for everyone lol
so we can see a Consolidation zone in gold today it broke
@tacit oracle
Tell you what lol 🤣
You wish us not to message
Oh no I don’t mind I’m just saying if you having a full on convo maybe best to do it in private chat so people can talk forex here
as you are not requesting, you wish us to be quiet?
i think it it is time to wait for gold to reach on 2340
then we can see a good down move
my kindest regards @tacit oracle
No I won’t tell you to be quiet haha 🙂
🙂
or if it breaks the level
I am not sure we can speak on the forum. But I can agree, your theory is right.
it can break that level also
becuse it break a level after 2 days
yes
or it will fall over
It can be a bull trap
i alrady have a trade
yaa i also think
donkey trap agree
patience
i want to show you a rubbish thing that happen with me
Its already going down
indeed
The mass is buying so the institutionals may short
Its gonna be really interesting…
liquidity driven
yuo are from Dundee?
on 230
@drifting garnet
Dundee? No
south or north of there?
i read your flag wrongly
yes
Its the netherlands
Thank you
Where are you from? @sterile oracle
i have not seen you here before
I am in here for like a year now lol
I am UK based as of the moment but a pure nomad
i never saw you speak.?
Nice
red in !h
Really?
1h
livestream is on right now https://discord.com/channels/641770286638694402/1178430832151638077 
i got a new account maybe that is why
Same name tho
so yes
The same
@sterile oracle what timeframe do you trade?
also @strange gulch its late time for you take your profit. then close the trades and sleep... tomorrow is another day
yaa
but i am learning some new books
so i am thinking to use and retest them on market
that's why i call you
I think I could be a scalper but i end up swinging for 12 hours// but the time frame is sequential
LTF to 1m or 3m
Ah nice
holy trap
I trade 4hr only and i use 1hr 2hr and 1d for confluence
There is profit for me
You mean gold?
how?
yes I only concentrate on XAU
SL trailing started
i am sure I could trade others but I would get bored
yaa
Oh okay good to know that
Bro you are trade with SMC
that is the last trade @sterile oracle
my mummy calling me for food
see you in 30 min
there are thousands of trades to do
closed trade 10%
see you
🙂
and you
just one comment, xau will now drop
watch
this is a camel shape
This 1 mint tf?
Also can we trade on VI?
back
in 1M it can make 5-6 candles
thas my 1m
I think price gonna go up now..
tf?
Might go upto 2335 .
1m
Well it is trying to do something i guess.
perhaps consider LTF
Whats lower than 1Mint lol.
Isnt it HTF for 4hr and 1hr?
And LTF for anything between 1 to 30 mint?
.me
inwards
Ah..... How do you look at VI's?
vi>?
Yea i do that too. And should i only take trades in the direction of htf trend? Or can we take opposite also
Volume imbalance
ah
i remember
use a TOP
or TPO
cant remember
you can route your code out of it
TOP? TPO? is that something new? From the looks of graph on 1 Hr tf. The gold went down from Volume Imbalance zone . Which was 2337 to 2335.
Seems to me as reversal point maybe? Like supply zone
What are those
You seem to know alot more than me .
How much do you think it is gonna fall?
but i am only a customer of Lux and enjoy it
I am a scalper
i can only say it may fall.
Any ideas
lets wait and see
And you are scalping off of it. Aren't you?
it will take me hours
Good morning…random question do y’all use trailing stoploss??if so how??
but yes
my weakness is i am fundamental driven and so I take positions quicker than a normal scalper. this leads me to defend positions. Then you have to manage it and make contra decisions to your answer.. this is not traditional trading and requires discuple which I cannot advise to follow
Hahaha.. how much you made with scalping today
so far not a lot
but i am waiting for my trades to be true
then it could be more
sorry for late m
You made way more than me
M
what is going down again
9.30
well do yu remember what I read
what?
and what i published
its taken ages for it to show in gold price
but now it has
so I wait again
yeah
gold is playing with us
i switched to 15M
15 M is a scalping level
yeah
@strange gulch how was your mothers cooking? did you enjoy>
yaa
it's Daal Roti
and one mango
i am brahmin
ohh
i am sharma
you eat beef?
no
that's good
i dont like it and bhagavan or allah or even god will not permit this
lamb i take
yes
but in our home in Kolkatta
ohh
my couson live in culcutta
cool
our as well
it means you must give respect
never bring meat anywhere near
so I eat out of our land
but I am not in india
but my cousins know the rules
or you are going to disgrace your house and your grandfather
yes
also my mother etc may beat me for being an idiot lol
family is 17 generations near GT road on river and our street is owned by us.
bharakali
hoogly
they respect our religion we respect their religion
my grandfather's little brother is also a pandit in culcutta scence 25 year
I may have caste by blood, but I am very much more neutral
he is a well known fellow
in Kolkatta they made a statue of my great grandfather.
the origin of brahmins is bangal
he has alot of PHD's but I am not even sure if he did any thing apart from write books
what is the name?
mamata banerjee is my great aunt
abhjitt is my much elder cousin
he was an economist
and they made a statue of him
he is most wise
so now the begal govt. is
...
so if i have a work in bengal i will call you
yes
🙂
Hi bros, is it true fees trading forex are substantially lower than crypto?
in my experience yes
no matter how well I could trade crypto it was worthless
the fees would each my profit
i hold BTC
but I would trade it
eat*
only when its up by about 40%
at min
What platforms do you use to trade forex?
Well, i have trusted 2
one is Vantage
the othe FP markets
they are reliable in my experience
dont use euro or UK or you have to pass an emam. Its easy to pass but I find their questions insulting.
my gosh my typing is terrible
Turkish or kurdish?
may i ask
@sterile oracle what do you think about gold now? Where it go for scalping i mean.
Hows everyone doing on gold XAU?
Thanks bro. In terms of fees what is it like compared to crypto?
What is this squeeze?
I'm from Singapore. Started trading crypto recently and never explored forex. I noticed fees have been eating into my profits massively. Looking to see if forex is feasible
Here are the docs that explains the Dashboard features, such as the Squeeze
https://docs.luxalgo.com/docs/luxalgo-toolkits/signals-overlays/dashboard#squeeze
The dashboard displays the most relevant metrics from within our premium features. This feature is extremely useful to easily obtain pertinent information regarding the market and can be used in confluence with the LuxAlgo Premium indicators.
What do you folks prefer to trade with Gold?
Signals and Overlay or Price Action Concepts?
Asking for a friend

@echo kiln Both for sure
Yeah, I like them both as well
Here is 1m EUR/USD
crazy
and the DXY 1m
CABLE
Looking crazy
lol perhaps.. I dont know and cant remember
pac is excellent
and signals
so you these "folks" want to make money? is it possible?
i had to send a fellow trader to bed after a good profit. I did not wish him to burn out
nice....

I dont want to go bed
NO!
Based on the latest insights from FXStreet and other financial news outlets, the near-term movement of XAUUSD (Gold vs. US Dollar) appears to be influenced by a mix of economic indicators and geopolitical tensions. Gold prices have shown some fluctuation, with minor dips influenced by expectations of U.S. interest rate cuts and ongoing Middle East peace talks, which have been focal points for traders.
Currently, the gold market is experiencing some bearish pressure, albeit with potential for quick reversals dependent on economic news and global events that could drive investors towards safe-haven assets like gold. The uncertainties around U.S. monetary policy and geopolitical developments are key drivers that could sway the price either way.
In the very short term, such as the next few hours to a day, the direction of gold prices might lean towards a slight decrease or stabilization, given the current sentiment and market conditions. However, traders should remain vigilant as the scenario can change rapidly with new economic data or geopolitical news.
Therefore, while there might be a bearish tilt at the moment, the situation is fluid, and the direction could shift quickly based on upcoming news and global economic indicators.
be patient
never
👀 on HBAR (crypto), no forex though
Interesting never saw that chart before
yeaaah, it is madness
Anyone here actually trade gold consistently and can turn a profit I’ve always found it so tricky
Manipulation and heavily geopolitically driven
All the time
Profits I mean. Not manipulation
Do you follow the fundamentals or just technicals or both
What max lot size for 60k prop firm
If something is going on with the fundamentals, screeners will pick it up anyways
Fair play I will keep plugging away at it
For prop firm, base your risk on the drawdown limit not overall account size. If the limit is 5% , that's 3k. Risk 1-5% on each trade (2% personally)
That’s true I need to take a look at the screeners
I wish I started using them sooner. Makes it obvious when I should take the day off and avoid sideways markets altogether
Thank you my friend
I passed the 100k 5%ers
But still don't have a set lot size 🤣
I'm a bit of a ringer
No problem! I wish someone told me that when I started trading prop firms. 2% risk on total account size means you fail after 3 bad trades in a row.
The lower my risk per trade, the higher my profit per week. Hands down. Hardest lesson I had to learn at the start
Also I tried 5%ers. Not a fan. Check out Finotive at some point
Ahh ok not heard of them I will have a look
finotivefunding.com They have a promotion right now for 20% off but after that you can use my promo code for 5% off and +5% profit share.
Promo code: F1NEXT
My code: KUSHIER
Not good for USA tho
Unless they changed their rule on that
@echo kiln ! Let me know the important links to check out when you have a chance! Finally got my subs! 🤍
Nice man thanks for the advice
A friend of mine in the UK uses them. Should work just fine. If not, FTMO is my second choice. They are good because they have a few stocks to trade
HEYYYYYY
Have a look here
#🧠core-lessons
#📈must-watch
#1128499789437354106
#1199356285813006367
Thanks!
Lets us know if you have any questions 
Hello
hi
Are you using LuxAlgo signals and overly?
Who's the question directed to ?
To Micky
I have a question. Anyone who has the knowledge of that can answer
It's about LuxAlgo signals and overly
how can I help you?
Just post your question
My question is, how can I get updated version of signals and overly in my chart? I got an email where LuxAlgo mentioned they updated their signals and overly. Now I want to add it on my trading view chart.
I dont show your Discord as a subscribing member.
Your Discord has not been connected to the LuxAlgo exclusive channels yet.
Go to your welcome email, there should be a Discord link to get you connected to the subscribed channels that are included with your subscription
As far as updating the indicators, just refresh or restart TV
Then the updated premium toolkit indicators will be located in the Invite-Only tab
Thanks
You actually just recently asked this same question before here
#🤝support message
Yes.
@ocean cosmos Are you a subscribing member?
Yes.
Please use this link to connect now please
https://app.luxalgo.com/account/connect-accounts
@ocean cosmos You were also provided this link to connect as well previously
#🤝support message
Yes. But I couldn't understand what to do.
Connect your Discord account to the members area in this LuxAlgo group
I am trying
Just use that link, and log in with your gmail account, or the email address that your provided to LuxAlgo when you subscribed.
I did a few minutes ago.
Can you post a chart with Signals and Overlays?
For your Discord, in this case, please send email to Support@LuxAlgo.com or message them on the website chat widget, and they can look into this for you to resolve.
Morning Guys
morning
How are you @echo kiln 😊
Tired, im ready to say goodnight soon, maybe an hour or so
@echo kiln share gold chart pls
thnx
That’s looking impressive buy and sell alert on gold what are the settings
Signals & Overlays premium toolkits.
I have gone over these settings a few times already during my live streams, come join us on the next one. I start around 1030-1100am NY Monday throuhg Friday
Your welcome. Have a good morning. Chat when I wake up mid London
💤
We should not be doing trades in tokyo sessions right?