💱forex-chat

[sterile oracle]

he can be many gods, he can be Jesus, he can be allah

he is there

or she

i have no idea

I can say this, inside of your brain there is a voice. That is God.

its not your own brain

[gloomy steeple]

Yes and is not your own live

[sterile oracle]

God is there when things get worse

[gloomy steeple]

Birth or dead are control by god

[sterile oracle]

yes indeed. also see you your family more at the same times of dear ones.

we are just hear for some years

[gloomy steeple]

Yes

This is very deep or great conversation with you

👍

[sterile oracle]

many thanks 🙂

[gloomy steeple]

Your are profitable trader

Or in some loss

[sterile oracle]

there is always loss

but you need to manage it to proportion

you need 2:1 ration

thats the way

or even more

[gloomy steeple]

Yes but all over your deposit

[sterile oracle]

yes

dont lose your capital at all

use it with leverage

then trade on it

each trade is risk

[gloomy steeple]

Which chats you trade

[sterile oracle]

on XAUUSD

and there are many better traders than me

[gloomy steeple]

As I expected

[sterile oracle]

🙂

[gloomy steeple]

So bother i am in loss

And i have to recover

[sterile oracle]

i think lux is pretty good and they have lots of tutorials

[gloomy steeple]

Yess

[sterile oracle]

so you need the best setup.

[gloomy steeple]

Yes with best entry or exit

[sterile oracle]

however. you are in india and I must see my daughters. So perhaps go for sleep

I can speak with you further and help

i also need to see what happened to my slow cooked curry

🙂

good night.

[gloomy steeple]

Ok good night

[main iris]

Which chart?

[strong snow]

Price action, yes I am, XAU

[wary orchid]

Does anyone have experience with the monthly reports from the IEA on the oil markets? Costs about 3200€ per year. If anyone has experience and whether it is worth it, please reply.

[worn hatch]

@blissful leaf

[rare shard]

Market opens in few hours hope you are ready to make some 💰

[still shore]

Tradingview has 70% off. Do you think it's worth it to buy 2 years subscription?

[worn hatch]

take 3 years premium

[still shore]

70% discount hard to come by?

[vale crystal]

I have heard that TV is going to increase the price. So better to buy rt now

[radiant sinew]

Setups for coming week?

[delicate geode]

xauusd is my focus

[delicate geode]

your last setup was perfect, can you share again XAU ?

[south palm]

he is also a scammer steal peoples money

[opaque mauve]

I shall be long commodities this week

[stark marlin]

Why?

[opaque mauve]

XAU, COPPER, CRUDE

Set ups are prime just need to await entries

Weak hands got shaken out last week

[stark marlin]

Definitely

[opaque mauve]

Get this soft landing confirmed which it kind of already is get the market ready for rate cuts and all commodities and BTC will moon

If Powell buries his head and leaves cuts to long he will weaken economy too much and you will see it at break point everyone will get scared and sell hard you ll get mini crash then QE and bail outs

Then moon again

US data so soft right now he’s gotta make the move

NFP this week

[sterile oracle]

we cannot say Powell..

lot of chaos

[opaque mauve]

No experience and wouldn’t want to be spending that much personally that $3200 you need to make before your turning a profit. Main things to remember with crude it’s reacting to real time global macro picture not forward looking so it helps to have a finger on the pulse with geopolitics combined with risk management and technicals not overly difficult to trade

A lot of good crude traders read the order book aswell

Not something I do personally

[echo kiln]

Everyone getting ready for the soft opening later today?

[wary orchid]

Yeah man you’re right. Thanks

[strong snow]

I'm hard for soft openings

[echo kiln]

HAHAHAHA

[daring schooner]

Already in

[echo kiln]

Just a few more hours

hollllddd

[shy trench]

@opaque mauve if data in June/July will be bad for dollar we probably get a cut in September. Just be careful they want multiple good months for a cut

If we look at euro they had deflation data earlier but recent data inflation became a bit more sticky again…. Ecb probably will go for a 0.25 cut but with a neutral/slightly hawkish stance. Something like: we need more positive data for another rate cut.

BoC also consensus for 0.25 cut. but i don’t see it happening for them tbh

[echo kiln]

Gold
One more measured move below this OB 🤷🏻‍♂️

[shy trench]

Are you using inverse fvg?

[opaque mauve]

I agree think it’s like 52% priced in now for September 12% July

[echo kiln]

Not on this chart
Just your traditional FVG

[opaque mauve]

I have some info on this I will dig it out

[shy trench]

Macklem crazy guy tho so never know for sure

[opaque mauve]

@shy trench

Not a guarantee by any shot it’s just analysts putting there 2 pence in

Or cents haha

[shy trench]

https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.other-publications.global-week-ahead.may-31--2024.html

@opaque mauve interesting article….

[strong snow]

https://tenor.com/view/hold-stonk-hold-wallace-hold-braveheart-stonks-gif-20142609

[shy trench]

Will be an interesting week for this one

[opaque mauve]

Thanks I will have a read through that

[shy trench]

( tp is not sure yet. My first area i want to see is 1.47)

[echo kiln]

Few more hours

[shy trench]

If by then the trade is over 100 pips in profit ill hold it during boC decision. If closer to entry ill get out. Not gonna take a risk on the news

[echo kiln]

4H Gold XAU
With "ChoCh Forecaster"
This one played out PERFECTLY to the down side

[echo kiln]

EUR/USD Daily
Trades based on ChoCh's
Since 2002

This is DXY since 1969, only ChoCh flip trades
Crazy
This is not to say I will create an autobot, but the complete opposite.
THESE examples gives me the confidense on the Daily TF ChoCh's for these symbols, for my manual set-ups

[midnight pendant]

Do you use macd for forecasting src or Macd signal? I noticed they differ significantly.

[echo kiln]

The "Forecaster" is a new feature within the Backtesting Systems

[midnight pendant]

Ah, the Macd based forecasting seems to do a great job

[echo kiln]

It is based on the previous conditional entry trigger I have set in my backtester @midnight pendant

[midnight pendant]

Appreciate the upsell @echo kiln

[echo kiln]

Just answering your question on what the forecaster was.
Here are the docs on them
https://docs.luxalgo.com/backtesting-system/forecasting

[midnight pendant]

Yeah thought it was the LuxAlgo Macd price forecasting indicator lol

[still shore]

LuxAlgo should reconsider their pricing model, it is terribly expensive. More expensive than TradingView itself...

I'm sure many people (especially new traders) refund within 30 days.

If LuxAlgo does away with that policy whilst lowering prices, they still can profit more whilst retaining more users.

[midnight pendant]

Try coding their indicators lol then you’ll understand the pricing model.

The tools aren’t designed for “new traders” looking for a holy grail system

[strong snow]

Well when you will be profitable, you will be able to afford their indicators.

[midnight pendant]

If you don’t know how to trade then no indicator will ever be able to help you.

[still shore]

Their YouTube content is basically luring new traders in

[still shore]

Exactly

[still shore]

Which is why this may be better for LuxAlgo and their existing customers

An indicator shouldn't be more expensive than TradingView itself imo

[midnight pendant]

I mean, trading their systems signals on NQ on Friday would’ve paid for the indicator for more than a couple years lol

[still shore]

Just giving feedback with regards to pricing

[echo kiln]

Have you reviewed the content here to help you with some ideas? @still shore
#🧠core-lessons
#📈must-watch
#1128499789437354106
#1199356285813006367

[still shore]

I know how to use it, I'm not a new user. I'm just saying it's more expensive than TradingView itself and I don't think it should be this way

[strong snow]

Ikr 50% discount right now

Business be boomin

[echo kiln]

These are all tools and options for any trader to have in their arsenal.
Every trader is free to build their systems on their own.

This community is a huge part of the LuxAlgo ecosystem here.

There is currently a 35-50% discounted yearly plans here
Please have a look
https://www.luxalgo.com/

[still shore]

If a poll is called I'm sure most people would happily vote for lower prices

[strong snow]

I think everyone will vote for higher prices

[midnight pendant]

They would on anything

[strong snow]

Exactly lmao

[midnight pendant]

Give me a poll for lower whiskey prices lol 😂

[echo kiln]

LOL

[opaque mauve]

AUDJPY GAP 👀 will there be some yen buying this week I think so

[sly escarp]

Chat just grad is this a W

[radiant sinew]

I wont trade xau till i see this

[radiant sinew]

Share copper, crude symbols

[radiant sinew]

Btc will definitely get to 73k. Expecting a but more dump before that

[radiant sinew]

Haha. Need to be on the lookout for that

[analog locust]

Happy New Trading Month everyone

[opaque mauve]

So with my broker “FXCM” it just reads USOIL (WTI light sweet crude)

Type that in TV

Also COPPER just reads COPPER lol again “FXCM”

I’ve got my butchers gloves on trying to catch a knife with crude already in

I hope copper comes back for me it’s already shifting

[daring schooner]

Entered EU Fri late 1.08492 buy. Work too much Friday to trade effectively. Will try to remedy

[analog locust]

EN.12HR TF. SWING TRADE. FIRST POSITION OF THE MONTH.

There is a nice FVG right on the OB and it will bounce back from there and go straight up to the Brearish OB.

[radiant sinew]

I’ll be looking at shorting nzdjpy, chfjpy, nzdcad this week

[radiant sinew]

Copper

[opaque mauve]

Cool I like it when people stick there neck out before they have turned a profit you see a lot of winning trades in here but no one shows any losses

Just entred long XAU aggressive position filled at $221.12

I will post my loss shortly

There should be a channel for posting losses too!

[radiant sinew]

Hmmn. Too early to long xau now

[radiant sinew]

What I have for xau

[opaque mauve]

We need both sides of the market right 😆

[radiant sinew]

Wait, whats your entry point again?

[opaque mauve]

I like that but just think XAU need a breather to the upside

2321.12

Just sneaking into profit now

With my broker anyway

Whether it last who knows

Everything is against me though

[radiant sinew]

It will still go down. Theres an ema cross also on 90mins about to happen

[opaque mauve]

Every ema is against me

I just feel when it’s times like this everyone is expecting it to continue short

Anyway I’m off out for a run catch you guys in a bit

[jovial pewter]

2277 is the correction area

[radiant sinew]

Thats long term.

[icy wraith]

on Ctrader

hello good morning everyone from France

[radiant sinew]

Spot on. Still waiting

[radiant sinew]

Itchy fingers. Took a short down. Waiting to long soon

[rough jungle]

todays news:

[icy wraith]

i'm already in long

[edgy berry]

Me too 🤞

[opaque mauve]

feeling a little heat here @radiant sinew but im holding in there

[icy wraith]

i'm out

[opaque mauve]

If we get above $2322.20 I think we have a decent case for some more upside im staying in

still stopped

[icy wraith]

of course

need passe 2321 2322

liquididy void

with multiples order inside

[edgy berry]

I took some profit but I think we will go down now

[icy wraith]

its gonna go more up

to 2321

maybe react on 2317 bull fvg

or 2316 OB

money flow gonna turn green in a few minutes

[radiant sinew]

2313-2307 is where I will long from, starting from 2313 and will DCA accordingly

[edgy berry]

Yeah and then down again

[icy wraith]

maybe yes

[split night]

Good morning everyone

New week let’s have at it 🚀🚀

[opaque mauve]

what kind of trade would that be from there swing or like a position/core trade ?

Or a scalp just curious of your trading style

Im working on my scalping but swing is my favorite

[radiant sinew]

Swing is great, like that us30 setup. Xau is tricky for swings so mostly scalps or 2-3 days trade.

I worked on an indicator this weekend based off elliotwaves/fib levels to plot ranges (lowest - highest points). I need to see a reaction at one of those levels, helps me determine the timeframe to trade and also, the exit point

I need to see a hard rejection around one of the price points on the second column, before I can long.

Theres an interesting price point on 15mins - 2266. This is the area for final swing long. If youre patient, then you can swing to 2428 😃 trade might span a month

[opaque mauve]

Yea I 100% get that I’ve never really been super successful with XAU unless I manage to latch onto a decent trend

[delicate geode]

Entry done and we see 🙂 thanks after this movement one more fall ?

[radiant sinew]

Yes, expecting.

[restive narwhal]

DCA?

[strong snow]

Dolar cost average

[wheat seal]

Do you guys think this EU area is good for sell?

the above

[rough jungle]

Id like to see price climb higher before considering a potential sell. Theres a 5m/15m order block around the 08575 area. Id like to see how price reacts to that, it will also bring price into a lovely 5m premium zone then.

But there is also high impact news (PMI) at 2:45pm/3pm UK time so id be definitely sitting out now until after the news hits

Could do something like this, but then again with news hitting. It could go either way

best to just sit on your hands when its near news

[opaque mauve]

No sell here yet IMO

[echo kiln]

Gold XAU 4H
The CHOCH forecaster is thinking chop range here, so far, it's pretty much spot on.

[radiant sinew]

Again spot on. Bounced at green box, started dumping at that arrow. Perhaps time to see lower?

Usd news in 45mins

[delicate geode]

Yes lower 😎

[opaque mauve]

DXY getting dumped so hard max pain I think is 12,994 can the news save it

[icy wraith]

Crude oil is dropping

[echo kiln]

🤔

[icy wraith]

What's the indicator with the green and purple cloud?

[echo kiln]

NeoCloud of Signals & Overlays

[icy wraith]

thanks i thinked it was something new haha

i trying keep long oil its dumping cryzy

crazy

4714$ in a long for the momment haha

[echo kiln]

you long swing on crude?

[icy wraith]

yes i'm sinking

we got a news on oil?

[rough jungle]

todays news remaining

[icy wraith]

okok idk what's happening right now

[echo kiln]

Be strong
Crude is testing you and your convictions

💪

or close out, LOL

[icy wraith]

i close for today haha

[radiant sinew]

Theres a news in 5mins but sitting this out 😀 very uncertain

[delicate geode]

patience with news

[radiant sinew]

Wti, i need to see this to attempt a long.

Xau to 2347 at a bare minimum

[echo kiln]

Delicious

[radiant sinew]

Anyone looking to long eurnzd

[echo kiln]

Insane London moves

[radiant sinew]

Laddering a eurnzd long now

[edgy berry]

I’m just trying to find good set up for xauusd 2348.10 what you think

[rough jungle]

LIVE stream happening now! https://discord.com/channels/641770286638694402/1178430832151638077

[radiant sinew]

Short? I dont know. I need to see a rejection

[heady ginkgo]

There’s a battle raging on xauusd

💪

👀

[edgy berry]

Yeah don’t want to rush myself as always end up wrong for me 🙈

[heady ginkgo]

Who’s going to win. With negative us news I would say gold ⬆️

[radiant sinew]

Nzdcad/nzdjpy short soon, eurnzd long soon. These are the trades i am looking at for now. If xau gets to 2347, will have a look. Wti alert set as well

[radiant sinew]

Nzdcad, maybe 🤔

[opaque mauve]

Stopped me out XAU long still holding saved the day

[sly escarp]

Trading xau until I decay

[edgy berry]

I’m still on hold 😂

It looks like gold going up again

[echo kiln]

👀

Rough bullish moves

[edgy berry]

Yeah

[echo kiln]

15m Gold

[south palm]

is it me or USOIL stuck on 77.12 on TV

[sterile oracle]

good patience...

it needs to break this point. The Cal people will be taking over soon.

[sly escarp]

I would keep buy

[opaque mauve]

Getting closer to EU short

Dollar Yen long looks nice too

[radiant sinew]

2347 done. 2359, 2368, 2378. Next price points

[edgy berry]

No slide down

*now

[rough jungle]

1L and 1W today for me

[echo kiln]

5m Gold with the ChoCh Forecaster

and the 5m DXY ChoCh Forecaster

[edgy berry]

Legend 🙏😁

[radiant sinew]

So what does it say bro?

[echo kiln]

It is plotting a potential path based on the most recent ChoCh on this chart.
The Forecaster is a user-defind feature, based on your conditional entries.

[shy trench]

Im long

[opaque mauve]

Me too 🤝

156.08 was my fill

I know there has been some BOJ intervention, but can definitely take some skin here

Still huge interest rate divergence in play driving the long side

[shy trench]

Boj intervention was some time ago and didnt help at all.

They wasted like 60 bill i believe. Uj dropper because of ism manufacturing pmi. But i think we can buy yen pairs agressive after a drop. Still huge rate divergence. BoJ cant do anything about it since they cant hike because the government cant pay high interest rates. And economic will be catastrophic aswell

[opaque mauve]

Nice another trader talking my language I know a lot of traders don’t follow the sentiment and fundamentals but I need to have a narrative behind my trades

I plot the bond yeild spreads on FX pairs amazing how it can lead the way a lot of the time

[weak egret]

What is the difference between gross domestic product and gross domestic output?

[radiant sinew]

We will see 154.9-153.76 for usdjpy. Prime place to long from

[shy trench]

Could go there if more dollar data will be bad for dollar. But it only got there because of boJ intervention previously.

[opaque mauve]

Anything is possible

We so close EU short now

It’s maxed out

In the short term at least

I’ve nearly hit sell twice

What you thinking @radiant sinew you with me on this

It’s got the better of me I’m gone 1.0897

[radiant sinew]

Looks ripe for scalp tbh till 1.0845

[sterile oracle]

XAU is confusing now and I advise being patient

[edgy berry]

Im in sell already not sure what to do 🙈

[echo kiln]

Thats it for NY session
Everyone doing ok today?

[edgy berry]

Do you think will pump again

[rough jungle]

quick scalps before bed

[echo kiln]

[rough jungle]

See you in morning guys, trade safe 😎

Also got some 49" monitors on way 😄

this just paid for it 😛

[opaque mauve]

I think it will go quiet around the round number, bit of a battle there for some time, but risk to reward is too good not to have a crack at.

[opaque mauve]

lovely work

[opaque mauve]

No way you bailed on that long it was just getting started ?

RRR not there now so dont jump in

[restive narwhal]

Very interested in that! How do you add to the chart? Any additional info at all?

[opaque mauve]

Go to compare and type the bond yeild ticker you then minus the higher yeild against the lower ie. US10Y-GB10Y

it will then give you the spread the difference look for divergence in price aganist the spread for High probabilty trades price usually always catchs up with the spread I will try find an example

[edgy berry]

😂 I know but took already nice profit but it was risky fair enough 🙈😂

[opaque mauve]

Fair enough it was a good trade

[opaque mauve]

Cable Daily TF when the divergence builds up see how the spread can lead the way and price will always look to catch it up

[edgy berry]

But as you said it’s just the beginning need to think when will be the best entery for buy now

[opaque mauve]

Can do it on lower TF also with different years 2Y etc

No Holy grail though but just another small piece to the puzzle

[opaque mauve]

We will have plenty of pullbacks along the way lots of time to get back in

[edgy berry]

That’s right can you share with your ideas in the future please I’m still learning and it’s build my confidence if I can compare my thoughts with others more experienced ☺️

[shy trench]

@opaque mauve add me. Sent friend request

[heady ginkgo]

What’s this?

[coral trellis]

Can anyone show me how to trade

[near hawk]

sure.. just go to tradingviews dot com and create a paper account (:

paper account means everything its just demo numbers and you can confidently play around in there wihtout fear of messing something up

[coral trellis]

o thx

[near hawk]

id say practice in there for a couple of weeks. once you feel confident enough with the app you can start looking at actual broker options

thats what i woud do

[coral trellis]

alr il try

for a few weeks

[near hawk]

some people say.. to paper trade for a couple of years..lol I think thats too much time for practice

[coral trellis]

lol true

[near hawk]

just remember TP (stop losses) are your friend

keep that friend close to you haha (

[coral trellis]

is there some sort of ai that can tell me when to sell and buy?

[near hawk]

well the signals and overlays indicator

kind of does that

[coral trellis]

o alr

[near hawk]

but yeah bro i know that you are asking... I use chatgpt

there are costum chatgpt AI'S

that are actually very poweeful trading assistants

but shhh

its a secret

lol

[coral trellis]

alr 🤫

lol

[near hawk]

i pay 10 dollars a month i think... for chatgpt premium

it can help predicting where the markets are heading, by analizing the news for you...

it can also identify patterns on a chart

[coral trellis]

i might try that

[near hawk]

yeah bro... its actually a good strategy... it blows my mind

[coral trellis]

i will try that after i get used to it

but i can seem to find the demo trading in my phone

[near hawk]

shit... i normally use pc

[coral trellis]

i have one that fine i have a laptop

[near hawk]

nice

[coral trellis]

il try on there one sec

[near hawk]

after you create your account youd find something that looks like this

[coral trellis]

alr

look at ur dm

[near hawk]

ok

[restive narwhal]

@coral trellis have you gone through #🧠core-lessons and #📈must-watch ?

[echo kiln]

FYI, these channels are only accessible to subscribing members

@coral trellis But this playlist would give you an good overview here
https://youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC&si=kAKAe96qJY8VtETK

[restive narwhal]

Is there a way to tell whether someone has a subscription?

[echo kiln]

You can log into your account on the website and verify your own account

https://www.luxalgo.com/

[restive narwhal]

I meant to check other members. I kinda already know I have a sub

[echo kiln]

Hmmm, can you help me understand?
Not sure why would you have the need to check on another members subscription here?

You can take a look at their Discord role here in this community, is this what you are referring to?
But gaining access to another members account would not be possible

[restive narwhal]

It was your initial response about channels only being available to subscribing members, how would anyone know?

[echo kiln]

Ahhhhhh, ok, you can view their Discord community role (user name color as well)

Yours is green premium role, Non members would be white

[restive narwhal]

Gotcha! Thanks 😊

[restive narwhal]

I just asked for market sentiment chdusd, apparently bullish and gave me a rundown of why. Very impressive! Don't suppose you'd consider doing a video or something on what you use and how? Or can I dm you?

[echo kiln]

Any pairs your watching today?

[restive narwhal]

Not yet, just waking up and playing with chatgpt

Are we allowed to post links to things we find? Or queries to run?

[echo kiln]

Sure, but please be aware of the #✨community-guide

[opaque mauve]

Bond yeild spread overlay

Used a lot in pro FX trading to help identify future price moves “not the holy grail but can be used in conjunction with other analysis to assist you”

[gloomy steeple]

It is a indicator

??

What is pro FX

[opaque mauve]

No it’s a comparison of bond spread between currency pairs, but can be used as a leading indicator coupled with other analysis

Professional forex traders

When I say pros I mean not retail

[echo kiln]

@restive narwhal Please remove as this links to a 3rd party signal service

#✨community-guide

☝️

[restive narwhal]

Ah! Read that but didn't think it was signal service, it just lists pairs based on current market sentiment. The title is a lot different to what you actually get

[radiant sinew]

Im looking to long wti based off this setup

WTI and CAD same direction. Once WTI starts to pump, then ill short Nzdcad/gbpcad

[heady ginkgo]

Hmmmmm 🤔

[echo kiln]

Yes.
CAD and crude go hand in hand. As they are one of the largest exporters of crude

[radiant sinew]

Waiting for reaction at 73.319. Theres also jolt news today

[opaque mauve]

Added to EU short and short NZDCAD let’s see

[opaque mauve]

👀 watching this too

Some nice equality forming on crude volume

[rough jungle]

todays news:

[split night]

Good morning!

[split night]

Will Indian election cause any issues you reckon?

[sterile oracle]

In india they buy a lot of gold during times of doubt

if modi was to win. gold would be sold

as he is non congress

[split night]

Modi wins gold price goes down?

[sterile oracle]

In india tradition is to buy gold

for weddings and other such occasions.

but this is based on economic wealth and sentiment

It looks like Modi will probably win again

but we cannot be certain.

India is one of the biggest gold markets

[split night]

How will Indian people feel about modi winning?

Is it good or bad for gold?

[sterile oracle]

if modi was to win we would see a decrease on gold as commerce would be invested in

[split night]

I don’t trade gold so I won’t be involved anyway, but out of curiosity I would like to know how it all has an effect

[split night]

Ah okay thank you

[sterile oracle]

so Indian has been buying a lot of gold and especially china.

but this would create something

people would sell gold to invest in commerce.

[rough jungle]

early suggestions in news this morning is hes looking like he'll get a 3rd term and is in lead atm (Modi). But the other parties are doing better than expected. Was listening to it earlier actually, no idea how it will affect the markets though.

[sterile oracle]

yes i was reading the same

Once he is election (possibly), Gold will move...

Most of gujrat have voted for him already

kolkata is traditonally congress.

congress on polls is losing

He is way to powerfull not to be elected. And his policy is capitalistic.

[rough jungle]

When are the final results in and counted? I know its taken like 6 weeks for them to vote and over 1 billion people have. Biggest election isnt it

[sterile oracle]

yes correct

so we are working on polls

[split night]

Today is results I think?

[sterile oracle]

today part of them come

its too many people

[split night]

Is it electronic?

The voting system

[sterile oracle]

partly but no

its quite manual

[split night]

Damn that is a lot of votes to count

[sterile oracle]

people have to queue in a booth

[split night]

Yeah it’s same in the UK

[sterile oracle]

many people in india are of farming nature and cannot read well.

Also there is a heat wave there now

so many have been working hard for a turnout.

[split night]

They fear it being hacked, but they literally have everything in electronic now, warhead activation systems 😂

But won’t let you vote online

It seems daft to me

[sterile oracle]

In india as I know many locals are given gifts or in goa for example made drunk to vote. The laws are all bars shut down and Modi is anti black money.

so there is some risk there.

I cannot vote as a UK citizen but I am a OCI card holder.

India is the biggest democracy in our world

[split night]

I’m not voting in my election anyway

You can have my vote lol

[sterile oracle]

May I ask where you are from?

[split night]

United Kingdom

[sterile oracle]

same

[rough jungle]

who you voting for in July?

[sterile oracle]

I am not voting in the UK election. There is nobody worthy.

[split night]

I’m not voting lol

[sterile oracle]

As a trader you see the world in a different way

same

let them get on with it.

also the UK is sinking

[split night]

I think they are all sides of the same coin tbh

[sterile oracle]

yes there is a lesson... so in uk economics the labour and the conservative on extreme are the same as communism and capitalism.

its a circle

[split night]

Also I don’t think they truly control the country

I have seen too much influence from foreign nations and big families

Who you thinking Danny?

[sterile oracle]

no we all know who controls the country. a certain family by name "R...."

[rough jungle]

You see Nigel fiarage is running for the reform uk party ha and ive always been a tory but a lot of my family are labour

[split night]

I liked him in ima celeb lol

[sterile oracle]

I have seen kermit the Nigel making a lot of noise.

[rough jungle]

didnt watch it that year tbf maybe ill catch up on it

[split night]

I’m actually more of a Lib Dem but again what’s the point lol

[sterile oracle]

i saw the labour guy cooking on Sunday Morning Lunch

[split night]

Even the Lib Dem’s don’t align fully with me

[sterile oracle]

Lib Dem have never won. The reason is they have never had decent leaders or prop heads

[split night]

I like some of greens policies but then I hate how left they’ve become in other ways

[sterile oracle]

Greens are good fun.

but its either red or blue

[split night]

Yeah and I think that’s the problem

[sterile oracle]

The issue is the economics of the UK. Which is dire.

[split night]

For the last 100 years we have had same parties, why?

That is not democracy

[sterile oracle]

ok over the last 100 years...

[split night]

Well yeah

[sterile oracle]

one moment let me remember

ok

UK and Britain are different so I must dicect.

[split night]

It was good to see people like Matt Hancock the year before and then Nigel, wanted to see what they would be like out of a political setting

[split night]

Well it goes back to Oliver Cromwell creating parliament

[sterile oracle]

The UK had an empire. and had oil. It was a mass coal producer and textiles as well as many high tech items

[rough jungle]

i seen matt hancock, he was actually quite good but everyone hated him for his covid shinanigans

[sterile oracle]

matt hancock was smart.

as we go back to this level.

the last 100 years can be taken to two parts.

the last 50 is more important.

[wary orchid]

what the hell happend to brent ?
i thought that opec would continue to limit production and that the price should actually rise, but somehow brent doesn't look like it.
Can you explain to me what the deal is ?

[sterile oracle]

The second world war put the UK in huge debt.

the russians on oil

and canada

russians will be selling pretty cheaply to raise capital

on Uk so...

after nixon made quant the UK did the same

[split night]

Russia is wealthiest country in Europe

Because of purchasing power

[sterile oracle]

agree

they are producing economy.

part of the way the world has changed in the last 50 years, those who produced like uk and us are now internal consumers and rely on funds from arms and "economic gifts"

[split night]

We provide services rather than products

[sterile oracle]

yes

also something to note

all the income comes from the "city of london" which is not part of the UK

[split night]

I think something like 10% of UK exports are products

90% services

[sterile oracle]

this is financial services and war tech

[split night]

But those numbers could be wrong

[sterile oracle]

The uk economy outside of london equates to a small value of GDP

going deeper into this you will see that most industries are struggling due to stagflation.

the entire economy is actually in quite a lot of problems. The labour force salary is not matching inflation. and Interest rates being cut but too slow.

[split night]

I’ve said before, I believe in Raoul Pal

And his everything code

[sterile oracle]

if you go shopping now, for family your bill would have been £100 5 years ago. but now its double

[split night]

Yes but people confuse inflation and the CPI index with debasement of currency

[sterile oracle]

also we have a system in the uk where many people limit themselves to 16 hours per week to claim benefits.

[split night]

Liquidity is increasing globally

Asset prices rice

[sterile oracle]

printed liquidity

[split night]

Rise

[sterile oracle]

which is virtual

for example look at the USDX and their level of debt

32 trill

[split night]

It won’t equate

[sterile oracle]

exactly

[split night]

Yeah so they debase the USD

To pay off maturing debt

And avoid a crash

[sterile oracle]

yes

[split night]

But this is making asset prices rise more than they ever have done

[sterile oracle]

yes so we are hitting 1928 levels

[split night]

But Nasdaq & bitcoin follow same cycle

[sterile oracle]

This is why Nato had to attack russia

[split night]

So you can beat the liquidity

[sterile oracle]

there is only two ways to make money...

make something or have some war

[split night]

But I believe 2030 everything will begin to change and it is a financial singularity

[sterile oracle]

hence you will see china starting to mess with taiwan.

[sterile oracle]

In history every empire fails.

or changes

[split night]

I think they are allowing mass illegal immigration to try and help a declining population in the west, then I think they hope that AI & robotics will pull them out of the hole they are in

If these do not succeed, then I think war

[sterile oracle]

For example look at isreal and the suez canal

this has happened because they found huge gas reserves

and they need to expand it

during 1840 that was built to stop ships having to travel so far by the british italian french and slavery.

now they need to move most of the population from Gaza... read the news differntly in this way and you will understand every action taken. Isreal as a state is fully compatible with the US and they are close.

[split night]

Where is the gas deposit?

[sterile oracle]

about 70 miles from Jeddah

56 billion

🙂

[split night]

Why do they need to go into Gaza for this?

[rough jungle]

caught a nice gold sell on the bearish ChoCH

[split night]

How you been finding gold?

Easier than fx?

[rough jungle]

its not been a gold digger but im testing a new strategy and not patterns, im just using solely PAC/S&O

[sterile oracle]

Gold is very hard to trade

every country influences it

and it can be erratic

[split night]

Yeah I avoid gold for now

[rough jungle]

going to close 75% of my position now

and leave a runner

[split night]

I’ve been doing that

Works so much better for me

[rough jungle]

i need to learn to stop being greedy

[sterile oracle]

it will test 2400 again i think

[rough jungle]

a lot of time ive been decent in profit and got BE because ive just been greedy with a bigger TP

[sterile oracle]

depends on trading style

scalp or swing

gold is so erratic that scalp is best IMO

[rough jungle]

well i class myself as intra day but most would see it as scalping

on AJ i use 3-5 pip SL

but i dont take loads of trades

like 1-2 a day if that

[sterile oracle]

if you swing on gold you need huge back up to protect you

or you will get margin call

[rough jungle]

im using 10 pips on gold

so i entered 2348 and sl was 2349

so thats prob really tight too lol

[sterile oracle]

thats pretty tight

the thing is if you sl is too tight

you will lose money

as there could be a 4hr range and if your scalping smaller the pull backs are pretty big

you cant trade at exact market openings or news also

as it goes nutes

nuts

[opaque mauve]

A little unexpected wasn’t it the market see the planned output cuts as bearish as not enough to curtail the oversupply.
Current weak growth is also a concern, and the caveat “that an increase in output can be paused or reversed subject to market conditions left the market skeptical. Thats the best I took from it really

I wasn’t expecting a sell off like that

But we move on

[sterile oracle]

the Neom project is costing a lot

and they need money this i can tell you.

we ended up cuting 170 kilo meters to at risk of just 8km

we needed to raise funds

[stray cypress]

@rough jungle can u share ure trade u took on gold and why ?

[gloomy steeple]

Guys can i buy gold ??

Any opinions or suggestions

[sterile oracle]

real gold or trade?>

[gloomy steeple]

Trade XAUUSD

[sterile oracle]

ok yes

do you have a good broker?

[gloomy steeple]

Octafx

[sterile oracle]

I am sorry I dont know this one

i know vantage

[gloomy steeple]

It is good broker

It’s not about broker

It is good to buy position in XAUUSD

AT 2343

??

[radiant sinew]

Share your analysis and why you think its a buy

[sterile oracle]

are you wanting to swing or scalp?

Here is what I see

my charts are a little different

[gloomy steeple]

Guyss 😭😭😂

[sterile oracle]

also dont be desperate to trade

[rough jungle]

Yeah sure, my trade was just using the Lux indicators. Its still in a premium zone for a sell, a red signal was produced then candles turned red, so entered targetting the discount zone of PAC. Trade was confirmed once bearish ChoCH was produced so i let it ride

I dont usually trade gold a lot, only just beginning to trade it so still learning how it reacts and behaves but so far so good

[sterile oracle]

let the trade come to you.

[gloomy steeple]

Wait or exit

??

[sterile oracle]

get out now

let me show you

there is a reversal

[rough jungle]

im bearish bias for gold atm

[sterile oracle]

so either this support is real or not

4hr

[gloomy steeple]

Which indicator is this

[sterile oracle]

DXY is hitting support

[rough jungle]

signals and overlays and price action concept

[sterile oracle]

2328

important to watch

DXY is increasing infront of my eyes

so XAU will drop

[radiant sinew]

I have an ongoing sell on gold. Not my typical trade as I like to buy from bottom or sell from top. Gold is midway a ranging price action. Best you sit it out for now

[sterile oracle]

they are inverse

[gloomy steeple]

I also use this indicators but mine not look like this

[sterile oracle]

add all the lux indicators

you will see

[rough jungle]

you had same entry as me 😛

[sterile oracle]

its finding defence.

[rough jungle]

I have non of the overlays activated and i use optimal sensitivity

[sterile oracle]

we need to see how many times it takes defence

also who looked at the news

[gloomy steeple]

Guys help me i can’t understand indicators and chats analysis

[rough jungle]

Try watching these videos:

LuxAlgo Video Playlist (Tutorials):
https://www.youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC

LuxAlgo Video Playlist (Short Strategies):
https://youtube.com/playlist?list=PLbqCXsOfrM3N4wajKoJTL2G_sojJOl8Vg&si=K_Ty2Cm3rViMv7am

[edgy berry]

Got the same enter, where is your TP?

[rough jungle]

i closed 75% at the discount zone at 2343 and prob going to close the remaining 25% now

[sterile oracle]

based on what i see... time to get out for a little bit

[radiant sinew]

My plans for this week

Temporary support for xau between 2335 and 2332. Lets see if that holds.

[edgy berry]

I took 50% but will hold till 2328

[gloomy steeple]

Guys can i take sell position now and hold for 2330 ??

[icy wraith]

to late

its going long in a few minute

[opaque mauve]

EURUSD Closed

[sharp glade]

how about what ? GOLD

[radiant sinew]

If you trade with this approach, you will lose a lotttt of money. Few mins ago you were long, now you want to short. You need to zoom into different timeframes and try to figure out why a short started at 2354 and what timeframe. If you know that, then you can determine next action to take

[gloomy steeple]

Thanks for guiding

[radiant sinew]

Oil.

[heady ginkgo]

@radiant sinew some confidence that!

Sneaky sneaky

[radiant sinew]

Hehe. Yes, Wti needs to pump. Wayyyy oversold.

[radiant sinew]

Eurnzd long. Setup shared here yesterday

[dawn sierra]

very nice gold short

[stray cypress]

@radiant sinew can u explain what u saw on Eurnzd what u check ?

[radiant sinew]

Chart for Eurnzd shared here. I do multitimeframe analysis based off patterns. Then Fibonacci extensions to get ranges where price reacts from

[opaque mauve]

EURCAD setting up to the downside just waiting a volume switch up

Any sign of CAD strength may be the catalyst

[radiant sinew]

Correct. So eurcad short from 1.48945-1.49465. Thats the entry range. Tp at 1.4776.

[radiant sinew]

Nzdcad 👀

[sterile oracle]

eur is about to do something. please wait until after 3.

gmt

the USD is doing something

[radiant sinew]

Jolt news in 3hrs from now.

[sterile oracle]

i dont like jolt either

lets watch

xau will do something soon

after he speaks

[radiant sinew]

Xau does opposite of what people expect. Best to stick to plan.

[edgy berry]

You are right

[radiant sinew]

Didnt exit yet

[edgy berry]

O just closed mine as I thought will go up soon but I’m not sure now

[sterile oracle]

wait on Us open

[edgy berry]

That’s the plan I hope it will pump again

[radiant sinew]

Initial plan for xau, 2317 - 2307 before I contemplate any longs.

[edgy berry]

I have the same settings thanks for sharing 🤞👌

Where I can find info about Matrix oscillator?

[idle spruce]

hey there, here you have a link that send you to the docs of ocsillator matrix, you can browse on it to find the info that you need 🙂 : https://docs.luxalgo.com/docs/luxalgo-toolkits/oscillator-matrix/introduction

[noble crag]

👀

[edgy berry]

Lets see what’s happens now with gold

[analog locust]

Good afternoon everyone. Day 2 of the week. Happy trading

[opaque mauve]

I like this too I have entered but a bit choppy I think CAD pairs will be waiting on interest rate decision tomorrow

[analog locust]

10mins TF. Targeting only Choch , Neo, etc.

[zinc aspen]

The EURO runied the breakout

[echo kiln]

Nce moves during Asian/London

Look at Gold

👀

[zinc aspen]

yeah gold got creamed too

very upsetting

[echo kiln]

Take a look at the 4H DXY and the bearish ChoCh Forecaster
Look how the Forecaster is in a bearish ranging path, caught in between the OB's

[radiant sinew]

Wti/crude news in 40 mins 👀

[sterile oracle]

dont do anything.

have no trading

open

wait for it

you will see

as even oil interacts with gold

wait for calm

[edgy berry]

Gold as well wow

[sterile oracle]

you modified the monti c code? why in that way?

[sterile oracle]

with the news I know...its best to watch.

let it calm down as sthe americans have just woken up

[edgy berry]

Ok thanks I thought that wouldn’t affect gold but thanks for a tip

[sterile oracle]

watch XAU carefully

dont trade it

wait a bit

[sterile oracle]

pay attention to DXY

today is mega busy

the best i can say is gut wise, XAU increases.. I am waiting for the latest to hit the news...

[echo kiln]

Not sure what is monti-c

🤷‍♂️

Fancy words and me dont mix

[split night]

Spoken like a true yorkshireman

It is something they would say where I am from in Yorkshire

[radiant sinew]

It’s fine. What’s the worst that can happen? 😁 SL? Liquidation? 😁😃

[echo kiln]

hahaha

[rough jungle]

It's not the monti carlo shuffled projection free indicator, its the forecasting element within the PAC Backtesting System 🙂

[rough jungle]

You a Yorkshire tea person?

[split night]

Of course

I wouldn't drink anything else

maybe PG

[sterile oracle]

lipton

[rough jungle]

im a Twining man myself. Aint a fan of PG but my Grannies fave is Yorkshire Tea. Goes mad when i take the shopping round if I've purchased a different brand

[sterile oracle]

love it

most of trading is total patience. and having some tea.

[split night]

This is disgusting lol

[split night]

Not sure ive heard of twining

[rough jungle]

lipton peached ice tea 🔥

[split night]

🤮

[sterile oracle]

errrr well.

[radiant sinew]

Wti, 20 minutes to either TP or DCA 😁😅

[rough jungle]

WHAT?! You need to try the English Breakfast Twining, you wont go back 😮

[split night]

My heart belongs to yorkshire tea

[sterile oracle]

twinnings ect while over here is pretty ok

[radiant sinew]

Should try carak tea 🙂

[rough jungle]

God can't you tell this is a British conversation.. talking about tea LOL we love a good cuppa

[sterile oracle]

carak tea

?????????

[rough jungle]

never heard of carak

[sterile oracle]

my wife is way into tea more than me

tea has more caffine than coffee

i normally have both black

no milk

no sugar or sweatener

[split night]

You cant beat a strong yorkshire tea with a dash of milk

then maybe 1 or 2 sugars

[echo kiln]

SOunds like Tai Tea now

[sterile oracle]

is that a double for builders milk?

[split night]

2 for builders lol

[sterile oracle]

i have had it and it does wake you up

[sterile oracle]

cool 🙂

[icy wraith]

Can anybody guide me through on how to get coins out of other networks to another one inside MetaMask?

[radiant sinew]

Karak looks like this. Its middle easts most preferred tea 😃

[split night]

Danny man i cant believe you are suggesting twining lol

I just googled it and its fake tea

[sterile oracle]

twinning .. nothing to comment.

[echo kiln]

Maybe these folks would know #🚀crypto-chat

[rough jungle]

its not fake tea 😮

[split night]

hahaha

this is nothing compared to yorkshire tho

[rough jungle]

some posh london kid got me on it in uni and never turned back since haha

[split night]

Tbh the english breakfast the one you mean?

That looks okay

[echo kiln]

Posh, as in Spice-Girls?

[rough jungle]

LOL

[split night]

lol

[echo kiln]

https://tenor.com/view/ziggy-spice-girls-zig-a-zig-ah-wannabe-gif-17473658

[rough jungle]

yeah the english breakfast one

[split night]

have you seen that movie micky?

[echo kiln]

NO

they have a movie?

[split night]

sadly i have haha

yes

[sterile oracle]

my uncle had a tea plantation and still does...

[echo kiln]

hahahahaha

[split night]

the mrs made me watch it lol

[sterile oracle]

but there we would indian style tea

the orignal

[echo kiln]

sure, ok

hahaha

[split night]

yeah i might try this one

[sterile oracle]

Chai

thats great stuff

[radiant sinew]

Cadchf - another good long waiting to happen.

[echo kiln]

Yup

Secret weapon

[radiant sinew]

Good day it is

Wti long. Was patiently waiting for this

[radiant sinew]

Cadchf. Just entered this as well.

[rough jungle]

Mickys LIVE stream happening now https://discord.com/channels/641770286638694402/1178430832151638077

[sly escarp]

Got in the trend late 😔

[radiant sinew]

I have a better view of nzdcad. Will share chart in a bit

[heady ginkgo]

Need your own hedge fund pal trading guru @radiant sinew

[mossy pelican]

hi everyone ,new here ,went through chat find out some big trading guru here great 🙏🏻 🙏🏻

[rough jungle]

Hey 👋🏽

[mossy pelican]

Hi Danny

[echo kiln]

Who did you find?

[radiant sinew]

Toughest thing to do is trade with money that isnt yours 😀

[opaque mauve]

@radiant sinew been tearing the place up again with some sick profit

[analog locust]

You are welcome to the Lux family where everything is LUXY. Take your time to browse around.

[hallow bluff]

Forgot to post this

[radiant sinew]

Lol, thanks to 420 lines of code, and 120 revisions after (lol number of times I modified the code) 😅 . Trading is extremelyyy tough 😅😀

[sterile oracle]

like this //@version=5
indicator("Wavefinder Strategy", overlay=true)

// Input parameters
wavePeriod = input.int(10, "Wave Period")
sensitivity = input.float(0.5, "Sensitivity")

// Calculate wave
waveHigh = ta.highest(high, wavePeriod)
waveLow = ta.lowest(low, wavePeriod)

// Calculate sensitivity threshold
threshold = waveHigh - (waveHigh - waveLow) * sensitivity

// Determine buy/sell signals
buySignal = close > threshold
sellSignal = close < threshold

// Plot signals
plotshape(buySignal ? 1 : na, style=shape.triangleup, location=location.belowbar, color=color.green, size=size.small)
plotshape(sellSignal ? 1 : na, style=shape.triangledown, location=location.abovebar, color=color.red, size=size.small)

[radiant sinew]

What I came up with for nzdcad. 3 different timeframes. I just need to see rejections depending on the timeframe where it happens and ill rock it down to TP

[radiant sinew]

I wish it was this simple. There are certain candle patterns that determines a pump or reversal. Series of candles - like 4-7 candles - i.e. green red green green red etc, in sequential order. Once this pattern is detected, then Fibonacci levels need to be autodrawn. Backtested and found that it peaks/bottoms at certain fib levels. So throw up alert once price action crosses those levels.

[stray cypress]

@radiant sinew Whats ure opinon for CAD/CHF?

[radiant sinew]

Its entered a buy zone - 65038, 64642, 64128. This would be ideal entry zone.

Wti - almost time to TP and call it a day. Just scalping for now

[heady ginkgo]

@radiant sinew funded account?

[radiant sinew]

No.

[opaque mauve]

Oh man it’s literally the hardest thing but amazing at the same time, that’s great work and you deserve every success

[opaque mauve]

Lovely I have some TPs in mind but am a bit mechanical with taking profit

[radiant sinew]

Thanks man. Wish you success as well.

[opaque mauve]

Just taken a short GBPAUD

[radiant sinew]

Plans for WTI. There’s news tomorrow, 20hrs from now. Will come back to this. Out of all WTI trades for now

[opaque mauve]

I shall catch a bit of WTI been working a lot today so not so much chart time

[echo kiln]

Everyone doing good?

[opaque mauve]

Very nice week so far Micky pip gods are with me

[echo kiln]

Nice !!!!

[mossy pelican]

seen so many big profit screenshots ,great gurus are here.

[echo kiln]

This group is on

[sterile oracle]

you code?

i know my candels well.....

i dont enter until 5 candels

so i can see a trend.

but i use Lux with my own code.

meaning i need confluence.

my code maybe faster. but lux gives suppport

pay attention to wicks if you are advanced.

if you wish to scalp.

[fervent vector]

Hi everyone. I am looking for a indicator where candle price opens and the next candle closes at same price

[radiant sinew]

Absolutely and then pipe all alerts from my indicators to telegram. I then analyze based off that.

[echo kiln]

This is just a Doji candlestick pattern

[fervent vector]

No I’m looking for candle bodies The first candle is green second red forming a duel candle stick top or vise versa for bottom

How do I send a pic

[echo kiln]

hmmm, not sure then

[radiant sinew]

This isnt clear.

[opaque mauve]

When they go exactly to plan it’s the sweetest thing 😎

[opaque mauve]

Having another crack at dollar yen let’s go!

Risk to reward is just too good not too

[echo kiln]

🤞

[opaque mauve]

Wish me luck 😆🤝

[echo kiln]

oh a short

[opaque mauve]

No long out of here stop just below recent low

Nice bit of confluence built up

But I’m trying to catch knives and can get stopped a fair bit but when you get one run it pays for them all and more

[echo kiln]

Thats right, take the small losses, eventually, that winner ill come, and it could be HUGE!

Be like a robot
Be the robot

🤖

[heady ginkgo]

? Pipe all to telegram?

[echo kiln]

👀

[heady ginkgo]

👀

Discord is the one

[patent valley]

It feels like my usd/cad long been open for 9 years and it’s only been 14h.. I’m going to start changing candle colors like Micky.. Bored..

[echo kiln]

Tough one to call here.

[patent valley]

Haha yes, no action consolidation 🙂

[austere helm]

Hello Micky

I need assitance with the options on the subscription

I am intrested on the Order Block indicators. Please advice, thank you.

[echo kiln]

The orderblocks are included in the Price Action Concepts.
ALL subscription plans include the Price Action Concepts, starting from the Essential plan.
https://www.luxalgo.com/

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

[austere helm]

Ty

[echo kiln]

Your welcome

[austere helm]

Is there a monthly subscription or do I have to pay the full

Once I pay for the Essential plan, where can I get assistance to add the Order Block indicator on Tradingview.

Ty Mr Ncl

buying the subscription first to join the group

[echo kiln]

There's monthly or yearly

https://www.luxalgo.com/

[echo kiln]

WARNING - That was a scammer

I removed

[austere helm]

Ty Micky

Where do I go after I buy the Subscription

Do I go Thru you.

[echo kiln]

Go direct on the official website here
https://www.luxalgo.com/

[echo kiln]

https://docs.luxalgo.com/docs/getting-started/faq#access

[austere helm]

ty

[fossil obsidian]

Please guys which exchange has low trading fee? Like bybit is expensive

[trim thicket]

Mexc

[fossil obsidian]

Thank you

[radiant sinew]

Tradingview allows you to use webhooks when setting up alerts. You can put whatever webhook url in that (telegram, discord, etc.). Alerts will always go there

[echo kiln]

Lets see what the next daily candle brings us 🤷🏻‍♂️

4H Gold XAU

[opaque mauve]

Waiting on interest rate decision today you will see some action today hopefully in your favour

[strong snow]

Sitting on 15m ob

[opaque mauve]

Constant for you bro 😳 there everywhere

[echo kiln]

Dam mosquitoes

🦟

[minor venture]

Hi all gm lol 🤠

Any gambling

Gamblers

[echo kiln]

[topaz marsh]

Good trade entered in London session

[heady ginkgo]

Ahhhh so all these so called traders most likely copy a real traded like you then post a daft photo then with a Lamborghini on a demo account 😂😂😂

[sterile oracle]

webhooks do work i used them before but have no use for them now

[opaque mauve]

I know it’s crypto so apologies for posting here but this is the beauty of RRR this was 11R just closed so I can accept 10 losses now and still break even

[echo kiln]

Looks good

[opaque mauve]

Was nice while it lasted now onto the next 👀

[sterile oracle]

looks good, you could play with the colours?

[radiant sinew]

Lol so an alert on telegram would look like this. This was the alert that prompted me to analyze and trade WTI yesterday.

[sterile oracle]

240?

thats a swing

also i dont like black bull markets at all

you can webhook any message. even for scalping

[radiant sinew]

Yeah, webhooks are good. I use it for different things:

Pipe alerts via pipedream to telegram;
Pule alerts via pipedream (as a middleware), then use services like alertatron, embed binance api, and auto trade for bots;
Etc etc.

[sterile oracle]

you can force a webhook directly into mt4 or mt5

but then you lose total control.

[radiant sinew]

Really? Without a middleware in between? I love to massage data in between

[sterile oracle]

you need middleware.

you need a good EA for it

which is not hard to write

then you simply webhook to it

but at this point you lose control

and its ok but on XAU i would not recommend it

the other more boring forex will work with it.

[radiant sinew]

Ofcos. So you can get alerts via webhook, but need to massage the data. For instance, split price points into 3 entries, automatically place orders, with stop losses/take profits, etc. My flow for my bot is usually telegram webhook >> pipedream >> alertatron >> and then, the trading platform (binance). But I stopped bot trading now - hardly is it ever profitable 😀

[sterile oracle]

well you can create alerts for each. you will need to make some pine

I dont have binance in UK

[rough jungle]

Todays news

[split night]

Good morning!

[rough jungle]

Morning 👋🏽

[split night]

This keeps happening to me @rough jungle

The bloody thing goes up after im out

I’ve noticed with this strategy of trading from a discount & premium zone is great but sometimes it can drag out longer than expected like that

Don’t get me wrong I made some very nice profit on that but if I’d had stuck it out it would’ve been a nice 4:1

I also had to exit this position early but I would’ve got out on the new LH & LL

Which is still before it peaked

[rough jungle]

always the way I feel sometimes. Why did you exit early, what was your reasoning for exiting? I would of taken some partials and left a runner to TP. That way if it goes against you, still got a tiny bit of money but if it hits TP winner winner chicken dinner

but it does get annoying see trades rocket to tp eventually when you exited early but its just our human emotions. Gotta think that profit is profit

[split night]

I took partials at the highs and then I just exited because I had to go to work so I wasn’t there to maintain the last bit I had running, and I’d taken like up to 85% at that point so the last bits gains wasn’t worth it tbh

[dreamy narwhal]

Someone told me that price is always aiming for something before it will change direction. Know what that is though, is a lot of work lol.

[split night]

I just took what it was up and was happy with the win tbh

But then I woke up this morning saw that it did eventually get there and was like ah shit

[split night]

lol if only it was just that little bit easier

[dreamy narwhal]

It never is 😂 but do your trade review on the weekend, you may see some patterns.

[split night]

Will do, I try to review every weekend all my weekly trades to hopefully get better

Sometimes it doesn’t always feel like I’m moving anywhere tho

[dreamy narwhal]

Look at it as a series of trades, and with each new series aim for one or two things to tweak. Track your progress accordingly. It's not only profit that we need to look at, but the process and the circumstances surrounding our trading.

[rough jungle]

oh thats alright then and trading and working never worked. That used to mess me up so much before i became full time if i was busy in work and didnt get chance to monitor my trades

[rough jungle]

trade review on weekend is good to see what went well/wrong within the week. I used to journal end of each day. Going to do some backtesting today

[rough jungle]

trust me i felt like that for years, forex has a habit of making you want to quit sometimes LOL but just have to keep pushing through if its your passion. Rome wasnt built in a day

[split night]

I’m trying lol 😅😅 been some rough days already but getting there, I’m grateful for the things I’ve learnt along the way from you guys

It’s helped me a lot

[sterile oracle]

May I say this, there is no ego in trading. Even making a small amount adds to your account. It is a donkey walking along..

[restive narwhal]

could you have moved SL to break even and / or taken 50% profit and let it run? Looks like you knew where you were aiming for, just circumstances (work) got in the way. Set and forget is best if you're working although hard mentally

[sterile oracle]

trailing SL works but not if your a scalper and not if you trade XAU

[split night]

Yeah I’m starting to learn this