#💱forex-chat
1 messages · Page 158 of 1
We might still have a chance with this but this is not my best trade lol
yes everything is wrong with it i know already lol
even my SL
Id say your stop loss is too tight but this is how id have it marked up
ive literally been that confident in it hahaha
there was also another OB
but its been wiped out
i would not have entered on that shooting star i just didnt let it finish
probably one of the worst trades ive done in 3 months hahaha
heres what not to do
and i blame it on the mushroom coffee @rough jungle
Id have something like this for 30m but my structure highlighted is prob more of a 5m/15m falling flag reversal
no that is what i would have usually done, but i woke up late saw AU thought ah shit im a bit late but nah it will go still its only a few candlesticks, entered and then it closed like that and its been downhill ever since hahaha
haha late entries are the worst still do it now sometimes
that FOMO of missing the trade
we got that 2nd OB back
haha all because of the mushroom coffee
i know man, will sort it out for the remainder of the week i cant let this happen again lol
Will it break 2450?
@rough jungle best entry would have been the pink line, price seems to have jumped up from that 4 times
my SL is just below it lol
maybe this could turn out alright?
i actually hope it doesnt
otherwise im going to have a emotional issue with confidence
pink line would of been lovely
id have it marked like this for my pattern trading
if that happens it will wipe me out lol
hopefully it goes for you man
ive 12.5 hours for this baby to climb so im just gonna let it go wherever it wants
maybe able to re-enter? if your tagged out. I do that sometimes if i jumped in too early
nah just gonna leave it mate
it was fkd from the start so
always be more but hopefully it goes your way! fingers crossed for you
well see but its looking bad haha
well you can always share your potential future set ups in here and ill be happy to give my opinion on it buddy
Yeah sound man appreciate it
And it took me out lol
Not too bad tho I’m glad it did
It would’ve messed me up a bit if it went on to be a winner
Now I know what went wrong, what not to do and I can carry on as normal
thats good learning from your losses man!
Gonna go gym
thats my 1 trade a day done and dusted before 10 haha
it was my entry and everything cos now theres a bullish hammer
itll be okay
if entry + SL was not wrong it could have been a good trade
ooo it may of tagged my paper trade in but yeah your entry would of been great at pink line
if you can do that, its a win in itself
i miss the gym too lol
feel like a sob lately
yeah its tagged the paper trade i marked up in
entry was similar to your pink line
i took a week off for deload so going back today
be sore tomorrow 😛
i should be sound tbf
if it was 2 or 3 weeks yeah i get that DOMs
delayed onset muscle soreness lol
ill be dead when i next go back but wont be back for months now
Any update about gold
Looks bullish
Break over 2440 will prob target 2470 or so
Might get volatile as near a high
Buy or sell
It is bullish....but currently overbought in the short term
This place you hate but learn to love lol
Yeah first time back after a while is disgusting lol
deffo ill be so weak too
Annoying thing is realising how much strength you’ve lost but hopefully shouldn’t take too long to get back
yeah it goes so quickly
hopefully gain it back fully next year after knee op whenever that may be
Just have to take it steady after that tho mate don’t wanna go back to square 1
I was really enjoying pilates. My core ached so much! really helped with posture too
FML! after watching 3 1m scalps turn around on me, headed out for walkies and now watching the trade I almost put on hit 4:1
Always happens and it’s so annoying 🤣 a bit like when your SL is triggered by the pip then it reverses and hits your TP
so many times!!
Feel like you’re cursed sometimes when it happens ha
@rough jungle looking at this i believe my trade was right just had the stupid entry and SL which messed it all up
if only my SL wasnt so shit id still be in it
Yeah mate my bias was long too like the pictures I sent. You just entered early and sl wrong. But you picked the right direction so that’s a win in itself and you realise your mistake so overall I’d say that was a win in terms of learning 🙌🏽
I did wrong stop loss I put 12 pips instead of 120 or something so I re entered when I realised it hit stop loss with a 2.0
Not used to using such high stop losses
That is fine. Let's wait and see. You will be fine.
Yeah I’m running at what my loss was so it’s all good 🙏🏽
Should I buy or sell Gold
Please 🙏 I need your assistance
We don’t offer signal calling buddy. I couldn’t tell you buy or sell gold as that’s very user specific. It depends what timeframe you’re on, what type of trader you are. There are a lot of variables.
almost started feeling like a forex chat again
haha! whats everyone eyeing up!
DAMN @split night
might as well call me a fortune teller 😛
lol
ACa, GCh, GU - all look like up trend on 1D with reversals on 4H but seems a bit late in to the trend. Not sure they're gona go much further
god i love my patterns so much when i see forecasts like that play out like textbook
idk why im trying to learn a PAC scalping strategy for eu and gold
ooo you like your gbp pairs! ive always tended to stick away from them due to requiring higher stop loss than say the YEN pairs
I use them as confluence but I'm liking reversal zones. like PAC as confluence
only for 1h reversals, still getting my head around lower time frames
i love PAC tbf S&O used to be my favorite and i never used PAC then after everyone always picking PAC in Mickys streams it got me trying it and never looked back
you cant go wrong with PAC
i look at OBs and it's flipping a coin whether price gona bash through it or reverse off it
This gonna dump for sure
I think the 1H is pretty much a great timeframe for new comers and existing traders. Theres not as much noise as the lower timeframes yet still gives you a great trend direction bias
I'm in a short on audusd
like a signal is just a choch?
they completely different algorithms. It may appear some signals come same time as a choch but it isn't the same algo, they entirely different. Just like the manual sensitivity and the auto pilot sensitity are completely different algorithms too
GU EU AU all dumping
ah fair enough
I don't use signals that much, I look for reversals off the reversal zones which usually align with an OB
i knew there was other things involved but i thought PAC was like the basic version of S&O
if that makes sense
like the backbone of it
I like CHoCH & BoS, I use Swing Failure Patterns too
I get what you mean but nope. No one actually knows what's used to calculate the signals for S&O apart from the main man himself Alex and the team of developers
yeah, I'm keeping away from CAD. I don't trade news
I need to watch that video again what you sent me on SFP's whilst i was in hospital. I did watch it but ive forgot now
a lot of high impact news in hour for CAD/USD
news doesn't really make a difference too much if your say a 4H/1D timeframe trader with big stop losses. Its the lower timeframes where news rekts you
For few days atleast
my 2-4 pip sl got no chance with news 😂
Hahaha
I can't trade 4 pips
2-4 pip SL
its basically be right or loss
you got to be on the 1-3m timeframes ideally and then also have a strategy what its suited for
i tend to use 15m and 30m
i originally got funded a few years ago on 1m timeframe only trading EU
Wow
then AJ became my baby the last year and half
That's awesome
its only the last 2 weeks ive started trading more than 1 pair
welcome to the world of Moo! For me, OM has given a couple of buy signals, RSI was bit overbought, bouncing off reversal (S&O), there's SFP so showing good signs of reversal (1h chart)
and there's an OB just for good measure
I think I'm overloading myself with pairs on 1m TF which aint helping
Have you guys voted in the latest https://discord.com/channels/641770286638694402/1250158944760889415 too? Helps us find out what features everyone's using/not using and helps us in future updates
oh i definitely wouldnt recommend multiple pairs on the 1m timeframe thats stressful ha!
1min TF is not a good idea in my opinion. Why don't you take one trade on 15/30mins instead of taking tons of trades in 1min TF. I don't know how long you have been trading.
EU 1m
colour scheme lovely 🙂
Fancy sending me your chart link so i can steal your colour settings, i fancy a change 😛
thank you 😄 i had to get rid of the P&D zones because they took up too much area
if you tell me how yeah
The strong/weak high low are the same areas anyway
then copy the link here
i cant dm you it lol
TO ALL NEW TRADERS: If you are new to trading, attending the daily live stream ones or twice is not enough to jump into taking positions. It is just for you to have a foundation to start learning. Give yourself some time to learn, read the documents, watch the LUX videos (WHICH IS LUXY). Go on DEMO before you use real money. I see some are asking questions like "can you show me your strategy etc".Some of us it takes years to get to where we are and if you are just starting I will say USE ONLY LUX TOOLKIT. Just an opinion.
oh you changed DM's to friends only. Sent you a request
yeah kept getting messages
This colour scheme rocks 😛
glad you like it
We have a new Gang>? what is this gang? do they have swords? and how fast can they run?
I agree
I thought you were king of counter intel.. I wish not to be attacked by the gang of swords people. Also I cannot run that quite due to kebabs issue. Can you make another gang to dig holes.. This will slow them and allow me to have BBQ
for those wondering the uptrend with EUR/USD has been the most profitable in a while for me.
👀
i wanna thank luxalgo micky and the entire communitt
🙏
jacobs who make the evening streams aswell
and everyone that post on the community strategies
Your welcome 🙏🏻
@analog locust got tagged in and getting train rekt a little.

there are many here who will follow you. Perhaps consider?
Xau
It’s almost time for me to open a real account hope I don’t blow up
consider what?
me too
Consider you position as a fine leader of people who will give you best wishses and follow you.
looks like this 2450 number is a thing
You meant 2450 will break?
Hmmmm, not sure what you mean here as I’m not looking to lead a cult, LOL. We are just learning together as a group 
Yes, in drawdown at the moment. We watch. 👀
All good. Flesh wound that will heal
Absolutelt, brother
What about gold view everyone share view


Livestream is on now: https://discord.com/channels/641770286638694402/1178430832151638077 


Another ATH XAUUSD
Gold looking so good
gold can do one! tagged me out then hit my TP
All I see is money
gold quiick scalp
For buyers
annoying isnt it HA
So manipulated
It’s unreal
Tomorrow back to 2400 just hunts SL’s constantly
US economy is going to trash world economy this rate. Get trump in
FTMO is fun 😛
Nice
Do people not buy and sell?
Gold on fire
Did anyone predict this correctly before the big move at US open?
Which elements of the toolkit- can you please elaborate
It was obvious
Not needed to predict
It depends on the type of trader you are. Are you a scalper or day trader?
Scalper
Do you see it turning after 60?
Maybe you look deep into S&O. I am not a scalper, but many traders here are, you can go through some of their posts
@dire robin Something like this
Thanks for the advice.
What do you recommend for day trading?
Either S&O or PAC
It depend on your preference
Sorry but I am very new
What is S&O and what is PAC?
Saw S&O - signals & overlays - is that the one?
But there is a lock next to it on TradingView
Yes, it is.
Refresh your TV and restart
Hey, Micky. Hopefully it will. I am watching with my 2 eyes open. It will deliver. 👀
Do this like you did with crude
All hands on deck
LOL
Yup. We get the direction right.
Yes
Any last minute scalps on Gold?
Am on it
Not taking anymore trades feels like it’s gonna fall at any moment
What’s a good amount someone should quit there job when trading
Sorry me i can't advice you, am still employed, so i dont know
Maybe 50-100k if I can keep it coming in steady
personally if i cant rack in $200 3x a week consistently i would quit my job.
Hello everyone
hello 👋
Hello
Finally someone can relate to my story I don't feel like working ever since I got introduced to trading I'm juss wasting my time I don't need huge amount of money to quit my job but a consistent cash like $500 ×5. That's why I'm really serious about purchasing this indicator to get financial freedom and my time back I'm still young to be a modern slave.
no idea what algo x is but this is LuxAlgo
Gold will never stop
any idea about market trend on XAUUSD
Gold needs to dump soon
😭 point man praying on gold downfall
There is 2490, 2500 on the table for gold 😀
Audjpy long. If it doesnt close below 106.329
I’m only sticking to gold for now getting a feel for it
Abort mission. Closed below
Good morning everyone
When starts dumping how deep can go?
you should stay away from gold today
Yeah you never know what’s happening
it's still very bullish but I don't want to buy the top
Do these prop firms still payout these days or???
Why wouldn't they lol?
Haha I've heard many a story
When you start winning they start coming up with random rules to avoid payout
Do you use one?
Then I would just stop trading for them lol
Who do you use?
No but Im looking at using OANDA as i use them and have been fine with them as a broker
Does anyone have any recommendations
Wanna stop using my own money now
Ahh ok I didn't know they did one
the5ers is great, their scaling program is the best.
otherwise FTMO is great as well
these are the 2 best propfirm
Is that the high stakes challenge?
they have 3 differents challenges, but yes high stakes is the 2 step challenge
I use FTUK, got no issues with them
FunderPro offer a free trial account and once you hit 5%, you can pay to convert it into a funded account and the 5% goes towards your first step
and then custom alert
ok
Step is the order the alert runs through. If you only have 1 item ticked, then alert will only trigger on that item
i have seen the AI thing work well against my own code
this is confluence to me
for sure I look at 15 30 1hr and 4hr..
but on 1 min i can see this
see chart
my arrows are a little faster but they all come near the AI
The bottom on 1 Hour is odd PAC OCI thing... I shall call him PACOCI
on 1min this is very good.
also how do i get this one...
the X
@restive narwhal Thanks for help... I have seen something in the Lux code... I am thinking this approach can be automated and simplified.
not sure on that, prob one for support or a Mod. Let me know though, could come in useful
🙂 this is a golden one I spotted
looks like JPY could finally be making ground https://www.fxstreet.com/news/japanese-yen-continues-to-depreciate-despite-intervention-threat-202407170331
how many kebab you have today ?
Who told you of the kebab project...?""" 🙂
i am driving long
nicee ... 2525
I hope 🤞
Take care before news and US open... best to close then see
Gold looks like will pump again
i went long for last 2 hours
2430 range or lower
But now it look like will go up again
Make W pattern in 15 min
If it break 79-80 first tp might be 87
If it doesn’t i do see a retracement to 70-65
Need some decent pull backs....cant get on board yet
Targeting 2440
Good idea or bad idea?
Are us cutting rates in sept is that confirmed???
not officially, just highly likely. if it's what the market movers think, the market will move
Why is Gold going down? I'm not seeing any major news and DXY is normal. What's going on?
Lets see how 62 react first
Bounced straight up. Like to see it smash through 65 wayyyy down I think I spoke too soon and jinxed it
2439, 2417
Hopefully
I hope soon
Got a trailing sl @2475
Mad to even say that…. As if gold nearly at 2500 who predicted that january…..
Looking nice 👀
Need some big players step in now send it back to 2400 getting silly all the ATH’s every week 🤣🤣🤣
Big guys are still camping
there's a shortage of XAU, XAG and XPT; don't expect trend reversals just yet
What do you mean by this? There’s a shortage of gold vs dollar?
Sorry don’t understand
Gold silver going bearish that what it means


DAILY LIVESTREAM JUST STARTED, TUNE IN: https://discord.com/channels/641770286638694402/1178430832151638077 


The manipulation in the US market is crazy, and wrong on soooooo many levels.
🥹
profit margins looking crazy
finally shi hitr
My idol
Well done nice profit 👌🏻💪
What’s your tp?
EUUUUUUUUUUUUUUUUUUUUUUUUUUU swept and went to TP ahahaha love it
Anyone any tip for trailing SL’s? How many points on xauusd or just adjust to nearness poi on 1m charts?
I am new here
Please anyone guide me on how to use all these indicators to be profitable 🙏🙇♂️🙇♂️🙇♂️
Hey there, are you a subscribing member with the premium toolkits?
Yes I am planning to subscribe.
That's why I am asking before subscribing
Oh ok, because if you were, I was going to guide you to connect your Discord account so you can access these channels to get started:
#🧠core-lessons
#📈must-watch
#1199356285813006367
#1128499789437354106
But you can watch these videos that gives an overview of the premium toolkits:
https://youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC&si=jd4N9o3A_t3m7A84
@bitter sonnet
You can also review the docs as well:
https://docs.luxalgo.com/docs/getting-started/introduction
Who has gold?
Just closed sell 🙌🏻
Hey guys
Hey there
Weird question, but u can be profitable with just the signal’s and overlay’s indicator? If u use the right settings
This just depends on how you trade
Using your own strategy it better than overlay indicators
Yes u’re right , but idk how to start the learning, because I don’t have any material
I saw a lot of different strategies on youtube , but I don’t have any clue for that
Exited xauusd short. Might still dump but profit is profit
I think just on time 😊
Praying it falls to 2450 😭 🙏
Hmm I think will go up now but you never know 🤷♀️
True
Have a look on 1m 😂 what to expect lol
With just one trade?
Expecting some nice trading tomorrow!
Good Morning, How do I make it give this signal.
These are confirmation and exits of the Signals and Overlays toolkit
https://docs.luxalgo.com/docs/luxalgo-toolkits/signals-overlays/signals#confirmation-exits
Did you enable these elements? Did you create the actual any-alert in the TV Alert Panel?
Good morning all ☕️ have a look in gold 🤩
well its been going up
had a bit a of a mad one. I left a trade to run over night. It did 50 pips
Price so ew(xau) didn't hit my tp from like 1 pip lol
Closed it anyway
Gold flying since yesterday hopefully will retrace back so we can take some trades
But miss this one for few pips
Think it will push up today?
past the previous ath? not sure what you mean, all pairs go up and down through the day
where are you hoping for it to retrace to?
There's your long entry
retracement complete. XAU increases.
How far do you think?
What will be your entery
Hmm quite possible where is you tp
well i am trying to take 40 pip trades
i have layered up
on 15m
The EU news is done... US has little.
can cycle it now
i just signed up but i was told i don’t need a paid tradingview account. was that incorrect?
sorry for being offtopic but getting ready for work
To be honest I don’t have idea for gold today
I won't go long before it goes to 2440
I think will dump anyway but it’s been so messy last time
Do you think will go that down?
i don't know, but it looks like it want to go under yesterday's low
Is the News today going to be buy or sell on Gold 🪙
wait at least 10min after usd news
Yeah I’ll do what time we have news today
55min left
Correct but tv will limit the number of indicators you have
I think it’s sell time
1h TF looks like it yeah
but i'l wait till next sb session to trade
Look at 1h TF this is what I think but I can be wrong
50-50
I’m not sure how deep that can go then any ideas
Big fish buys at 2462 👀 bounce
Ready for buy or sell
How you know
I hope
still want to go up
Ahhhhhh darn it!
I have headache already
Should we buy or sell 🪙 Gold
To be honest I don’t know now
⬆️⬆️⬆️
Hopefully I expected the 2440 but it’s not hit yet ran out of steam by the looks of it maybe hit new ath then down to resistance
Yeah it’s better to stay away now
I’m running a small long now to 75 sl 2460 🤞
I’ll wait until break 2466
Did u enter
Yes I did 🙌🏻 but I don’t know what’s my to lol
🤣👍 I’m just looking to hit last high Friday after all don’t want to be holding over weekend
I like the pattern it’s formed aswell few months ago I’d have shorted that but every time itd go up
i entered short bruhhh
Really do you think will go down again
hello everyone I have one QQ: which timeframe order blocks are better to follow for GBPUSD or forex pairs? also normally how much volume% order blocks are good for trading or setup? I mean is it better to consider order blocks with 15% and above weightage/volume?
Cracking call man 💪
Wow 2440 🤞
Can’t lie I got the short got back into a small long again swinging today
😂 well done you 💪🏻
Thanks bro hit the long good profit short amazing profit now back into some more small profits on the long nice day was expecting a clear run to 2440 tho or a new ath been a game today
The pattern we just formed on the 1 min I’d have always shorted and blew my account so reversed it now it works out a lot better for me
Great day I’m still in short secured but hopping to see 2440
Hope you get it man 💪
I’m not great with patterns
I hope if not I’m okay already in profit anyway so I’m happy
Nore am I sometimes I just notice the same sort of pattern where I’d normally mess up so I try to make the oppsite moves now
Gunna see how this long goes then probly jump back into short it to 44
Think we can break the 56?
Good question there is new OB on 15min so I would say yes
What’s your view?
been struggling to break all day but she’s looking promising here I think if we can break this now straight run to 40 if she jumps round I’m out before market close
Great thanks 👌
How long you been trading
Do u only trade gold ?
Not long 1 year still learning doing many mistakes but getting better
Mostly good and btc during weekend
I can see struggling to break
Same here man started last September
I do gold and bitcoin but always get to carried away after a good win and smash my account 🫣 been trying to keep patient past couple weeks working a lot better couldn’t accept the losses when I started revenged the life out of it many times 😂
Gunna give it another 20 mins see if she breaks if not taking the profits relax for the weekend
You sounded like me I have the same problems emotions, no patience…
Look now
🤞🤞🤞
It will be surprise if will go even lower
Might hit 58 stop loss last high in the 1min chart see what happens for the rest of the night
Down we go baby 😎
🙌🏻🙌🏻
I closed
Same still gained at least
Gains better than the L
Weather it be a penny or a pound it all looks after each other
Gone back long
Very true I’m just on a demo but still trading as if it was real
New to forex trading. What are some recommended things to trade and indicator setups. Thanks!
Welcome aboard 👋🏼
Browse around and don't forget about these channels that will help you get started here:
#🧠core-lessons
#📈must-watch
#1199356285813006367
#1128499789437354106
@median canyon You trade forex mostly?
I have been trading NQ and ES options for a month or so. Looking to branch out.
Nice.....
Yeah, sometimes I need a rest from the futures and take it slow with forex

Hi, what broker are you using for forex scalping? I guess the commissions are killing me
Scalping FX is a challenge due to the brokers spreads...
Xau 12.66rr today
Thx, I'll try
I have used roboforex for long, but seeing like 6k$ commission a month hurts
Hello,
I am considering subscribing to your premium plan and wanted to ask if there are tips for swing trading strategies available, or how I can combine your indicators with my own market analysis.
I would prefer to receive information from someone who has been able to achieve relatively consistent success using the 1-hour or 4-hour chart.
Thank you.
Did u leave it rolling nice shout on 51💪
This i remember...
2440
so now...
i think the gold cannot go down. more
big move
I’m out of sell already looking for buy
I am tracking this buy
see those shoulders...
they are positive lower is lower than the last low
There i no more negative volume now
i want 3 candles..
and a 15m and a 1hr...
then commit
You are right
let us watch
Hows the gold fanatics here?
Pretty good been even better with some nice volume flowing in
2460 my trendline on the half hours just hit for bottom hopefully that’s the reverse
Tight sl at50
Woooow 🫣
Omg
Coulda come 6 hours ago 🤣🫣
Probly consolidate to 2450 then look for 2420 now unless the pump comes
I missed 51 😭 I came back way late
✅✅✅✅✅✅✅✅🤗
Where ya think it’s gonna go up towards
2450 maybe bit higher then fill the lower void if new ath isn’t coming 2420
Please no 🙈
What’s everyone else’s thoughts
Will go straight to 2420
👌
Dollar has a reversal cable on 1D
Candle
2 hours left
It will probably rise a bit tomorrow I'm thinking
Short gold
Like your thinking defo some big gaps to fill
Ima go with 49 I’m at ease with that
I’m going to 50 letting one run through to 55
If it makes it there that is
will go short tho around 50/55
Let’s hope can’t beat a good trade on a Friday 😎🤞
@worn mica u still here?
Yeah
Just hit stop loss on profit
can u accept my fq
Gold taking its slow time
What u got
Anyone seeing gold
I said it was gunna happen I just sat and watched didn’t even put it on was unsure with that straight we had
But why the sudden 1800 pips drop?
Idk market bipolar rn
The manipulation in Gold is crazy and wrong on so many levels.
I got stopped as well. Sudden drop for no reason. NO NEWS, DXY normal.
Noting we can do but watch 😔
Thought this would have been tomorrows move after some consolidation looks like someone wanted the first move instead
which strategy do you use btw
Just trendlines really plus been trying to watch volume lately seems to be the best time to see moves
Looks like we might get some consolidation back up on xau
I thought will go straight to 20
Nice call man
I sat and watched it didn’t want to get caught out
Yeah but I wasn’t in and I think we can go much deeper
Bleeding
we should be over the UK news but watch out for CAD 1:30 UK time
Friday is normally a XAU consolodation type of day... Gut feeling is the shorts are gone.. and it might end higher today
What’s ur target price
I think we will go to 2386
Gunna have a bash to 2460
Good morning
AU had my life yesterday
Hopefully today is better
I set my TP around last weeks low and it’s shot right through it ffs
All day waiting for it to drop only to take profit and then it drop way beyond what I thought it would
I’m glad my strategy is right but my entry and exit suck
morning @split night
How you doing?
Not bad, just need to get back into swing of things after hospital
least your direction is right man
I know mate but this one’s really eating me today
Just sat and thought about it all night ffs
Look at that bro ffs
So I initially had the reward greater but after how sluggish it was all day I took the profit where it ends
Then bang
I was trying a new thing using the support and resistance to see which side it would breakout
I thought I’d got it right but look at my risk area I almost got took out
So I spent most of the day just watching it be negative and then at like 6:30pm UK time it goes into profit but I’d had enough by then and you can see it starts getting sluggish again I thought ah I’ve had enough of this and then 30 mins later bang
i aint traded really this week. Its hard but in trading youve got to learn to switch off emotionally. let me load the chart and look buddy
Load AU 30 min or 1 hour
My SL wasn’t even that high either but I stuck through the shit
So I kept expanding it according to what I was happy to lose cos I monitored it rather than just set and forget
I feel like I have more emotion when monitoring a trade but at the same time I’m more focused so it’s like a win lose situation lol
ah never alter the SL once you've set it buddy. I used to do that or take my stop loss off. Should always have your SL at a place where if it hits then your trade is no longer a valid set up. Emotions and trading dont go, it will cause you to hold on to losers and then close winners in a tiny loss as your just happy to see some profit if you've been in a drawdown for awhile
your SL placement wasn't too bad tbf, id of targeted another 5-6 pips though and gone for the low of the wicks. Would of also placed my SL above the LHs to the left to be safe
One other part to add, is make sure if your trading with volatile pairs not to make your SL too tight.
Let me explain lol, I set it above the shooting star wick after the first BoS but I’d realised what you said about the LH so I set it above the previous bullish candle. Then as it’s going up I expanded a bit but not by much in my small account lol but then it came down in the long wick which made the new LH so I was like ah it’s cool but yeah was another shit one I’ve had a bad week this week tbh
It like falsely broke out at where I entered but then did eventually breakout
There was also a H&S pattern that I was thinking it was going to follow, obviously it did but just not as expected lol
It was new for me using those pink lines and looking for the breakout if you see on the one I put in
I only had 0.1 lot
For me it was the inexperience still with it, I’ll get there
@rough jungle today I am looking at GU for it to hit that order block on the 30m - 4Hr
Bad weeks happen though and they dont define you. Ive not been the best at trading in july either. Just one of them. Yeah i noticed the pink lines. Id like GU to break the order block then retest then drop and take some of them FVG's out but im not trading till next week. On bed rest this weekend by doctors orders so just on laptop instead of my monitors
Hope you’re doing okay mate and yeah best not to trade when you can’t do it properly. I’m gonna try stay patient and disciplined today lol no more flares
thats it, knowing when to stay out and not trade is vital. As i said previously feel free to share your charts before entry and ill share my thoughts on the tp/sl placement. I dont use higher timeframes but i don't mind letting you know where id put my sl/tp if i was going to take that trade
Appreciate it mate thank you
Settle today around 2420 eq
Bit of movement either side. 2425-2405???
@rough jungle didn’t enter but GU bounced as I wanted it to lol
Ignore yellow lines
That’s on 1 hour
Got anything else you watching?
Does anyone have a strategy with only S&O using the overlays as confluence to the signals?
There are a few strategies in the user strategies section ive seen that combine the signays along with the overylays but its only viewable to subscribing members only. Are you a subscribing member? If so, it looks like your Discord isnt connected. Can connect it using this link here: https://www.luxalgo.com/account/connect-accounts
hey i saw this thing...
small and blurey
i think i am in the right area
orange green orange red
so,..... I think this is not bad after my mods..
to make this work all you need is volume
If you're having any questions relating to a strategy in the user strategies please post in the specific strategy thread in https://discord.com/channels/641770286638694402/1128499789437354106. Please reframe from sharing user strategies information outside of the https://discord.com/channels/641770286638694402/1128499789437354106 section
scalp trade altho but price choched from 30m demand (choch in 5min) and the 5min ob was tapped so got my entry
what happens on 30s..
unusable
15m can show direction
then scalp on 1m
with lux and my own soup
Not today mate just that
Bro I swear you have every setting turned on in this chart 🤣
I only use price action
Haha it is
i prefer clear and simple charts
i cant focus when theres too much going on my chart
Hey what’s up ? Are u trading this week ?
yeah
Did you make good profits ?
What do you think about gold these days ?
just follow the trend .it did a massive bullrun and now it is having a correction
2400 is like new 2300
I am not fixated on just gold.i have other shit I can trade.I dont force trades when I dont need to
i did enjoy that massive bullrun
didnt do much afterwards
there were other opportunities in other markets
like NQ crash
Gold Sell Scenario
What ya using for the trend lines?
I followed the trend till yesterday, but now I’m not sure where the correction will stop..
I don’t trade other pairs but I should look at some. It’s hard not to trade
prices dont just go up you know. once a structure changed it became bearish and people couldnt believe it and went all in on their shorts thats what happened
well short term bearish correction
gold rallied really hard you know
doing 2000 pips and it gave up 1k 50% correction this level needs to hold
but yeah you can find other stuff to trade
gold is good but sometimes it is better to leave it alone and find something for a while
I trade alot of markets so I dont get bored/force trades
if i miss a trade i just look for something else rather than force a trade
Yes you are very right
but since you like gold why dont you trade silver
to be honest I never thought about it
silver has clean setups
Morning ☕
i'll take a look thanks
Indices can be fairly safe. Strong trend up but with retraction along the way. Although everyone has been promising a crash all year
Do you refer to the 3 colour lines
I have them set on 15.. but with this I can scalp
@restive narwhal
That's them! Wasn't sure if you drew them or used an indicator
all automated
you can mod the code
just code signal laerts
Agreed
Mickys streaming LIVE right now! https://discord.com/channels/641770286638694402/1178430832151638077

Relieve short term pump for xauusd
2412?
2420 2450 max by next week
Think it’ll fall to 02?
I’ll wait to brak 2409 to go buy
But yeah look like want to go back down
hi
👋
They don’t want micky winning
Guys is there any glitch I. Trading view I can’t see the charts I took two trades but showing this. Is anyone experiencing this,
hey, did you ask to the TV support ? They surely will be able to help you. 😕
what broker integration is this?
because the forex.com TV integration are down today as well
This is forex.com
Hopefully everything will be back on Monday
yeah, where do we complain to? LOLLLLLL
This is from the news in the uk. Looks like is global issue.
Koi hai jispe lifetime membership hai ??
Lifetime subscription is not available, but there are some great yearly plans here:
https://www.luxalgo.com/pricing/
Tradingview have a "different customer service".... a mystery and elusive is their motto
its a deviation of the strat you can see on user stategy
Which strategy? I've been looking at a few. Don't recall one with trend lines but bit hungover and the world is fuzzy
its based on this...
you should see it the strategies secion
I took this and modded my code to match it
you cannot quite trust the AI fully. You must see trend of market.
I made this hybrid
find this code for volume direction which are those lines
mod it to make alerts based on all 3 lines in one direction up or down.
if you look at a 15m version before looking at 1m
you get something true.
obv look at news
the 1m is good for scalping
though clearly on 15m.. its on the verge of extreme bearish.
Hmm I don’t think so
I think we should watch news outside of XAU world. it may tell us some time next week. Then go with the flow. Seems Microsoft have been having issues and now Amazon I found today.
How does one messup update cause health care travel and banking to fall over>? Its not cyber attacks they report, probably a microsoft guy with 10 thumbs.
Thanks for all that! Away camping this weekend, definitely taking a look early next week
Was an issue with Crowdstrike. They implemented a change which didn't have decent requirements and them wasn't tested properly
Now we know why
I do think market might open with a gap and pump then
Do you mind if I take a leave of absence to discuss how to do a one minute contract using signals and overlays
Are fib retracements helpful?
Helps me validate key areas of my market structure strategies
Same, I use them for confluence to determine how far price will retract. They can be used to assess likely TP too
Any good resources to learn about price action?
https://youtube.com/playlist?list=PLbqCXsOfrM3NM53V5U9Nf1sgh5gx9yw6F&si=MFxvoGJEqefH4RVG
https://youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC&si=RRXMvAg3Sb6s9TD1
Thanks!
Gold should return to 2405 then drop right?
Hey everyone, I really need your help. How can I filter out minor fluctuations and false signals in my oscillator matrix? My entry and exit points are great, but I'm struggling with these small, insignificant moves.
I've tried everything—MACD, RSI, Heikin Ashi, Trendmeter, Trend Confirmation, volume analysis—but nothing seems to work. I'm at a loss here. Any advice would be greatly appreciated! :((
This is relative, as there will be some sort of perceived minor fluctuations on all timeframes.
What I do is, adjust the Matrix HyperWave signal from SMA3 to TS2
DOesnt matter what TF you are on, there will be minor fluctuations relative to that timeframe.
To give you an idea, "this strategy best in like 1 minute very small times" I am very determined to solve this situation. If you come to places where there are big moves and generally determine their ADX indicator level, then draw a straight line, the next time a green buy indicator signal is given, if it is above that line, a big move will come and insignificant moves will be filtered out.
However it is not perfect solution I think because this line chance in every stock
Not sure where you are receiving this strategy.
If it doesnt work for you, just optimize it for your own trading style, or create you own strategy.
Maybe on a webpage but TV is out
let me check, I havent logged on yet
well thats not cool
LOL
I take it you don't have an open position lol
I caught the gap up on my other account EU
No I didnt, I was trading futures mostly, last week
Ahh there was some nice moments
Question...an I seeing this right? Zero news Monday...
Theres news
Gold open right? My trades aren’t going thru
This is true
Good lord I wasn’t even looking and gold jumped up claimed a big W
Ig Biden stepping down was a W?
.
Biden drop and trump getting in might change the circle of gold and usd
Trump might want a weaker dollar
Is that good or bad
Good for gold in the long term I guess. But China just lowered the interest about 30 minutes ago, so the dollar might climb a little bit today.
Yep. 👀
Depends. When using the tool for support and resistance levels it help a lot in mapping your trade direction. But general rule of thumb is using the tool alongside other more helpful ones. On its own it can be problematic at times. In highly volatile markets for instance.
Morning 👋🏻
hiya
how was camping?
Great fun! Very relaxing
weather held up for most of it too. Had a little bit of rain otherwise sunny and hot
how was your weekend?
I have no idea what gold will do today any suggestions?
yeah Friday was lovely and yesterday wasnt bad either. We had slight rain on Saturday. Glad you had fun though! my weekend was very relaxing under doctors orders lol Still haven't celebrated my birthday yet though.
if in doubt, don't trade. No trade is better than a losing trade
hubby's birthday Sunday coming, we're away again so gona be a chilled one. Hope you get to celebrate yours soon
Havent looked at the markets yet. Don't tend to trade Mondays and theres no news so i reckon it'll be a choppy day
Yeah that’s how it looks now choppy
I've heard a few people say they don't trade Mondays and Fridays cos markets are haywire
oh very nice! Summer birthdays are the best 🙂 ill most likely celebrate it in a few weeks and go for food or something
yeah from backtesting most of my losses have been on Mondays and on Fridays i cant hold trades over weekend so it makes sense to not trade or stop by atleast 12 noon.
yeah id sit out a choppy market
Will do that then 👌
so much better when there are clear moves otherwise its just gambling pretty much trying to anticipate moves in a choppy market. Isn't much news tomorrow either. Wednesday is when we get some big news so might be a slow start to the week.
What happens in gold
gold usually rekts people thats what happens with gold 😂
Looks like golds selling again
I think markets might be choppy about Biden stepping down
Uncertainty in the market
People don’t like that
Actually 😁
I don't think it has anything to do with the market
What do you mean lol
Biden don't trade lol😁
🤣😂
I mean the markets are reacting to the news of him deciding not to run for president again
There is uncertainty
People don’t like uncertainty
it is pretty certain to me that trump gonna get re-elected after he got shot
Yeh scratch that I haven't got a clue here 😕
biden drop out just confirmed that
Depends who they get to run against trump but yeah his assassination attempt did wonders for the polls
If it’s Kamala Harris I think trumps still in the lead
Tbh I don’t really know who’d they get
Even if he didn't....he's still gonna win biden
My bets on Harris, no other person in the party dare to face trump now
I saw someone mention Michelle Obama might come in but that was just a rumour I don’t know if that is true
Kamala Harris doesn’t stand a chance imo
theres wild cards been suggested like hilliary clinton and michelle obama. I believe the 4700 democrats are voting between 1st-7th august to select someone to replace Biden in the campaign. Its a unknown, be interesting to watch from the side lines
lol, Jimmy carter have better chance than michelle obama, the man is in hospice for over a year now, toughest guy in the dem party
The guy is 99 years old 🤣
I think a rule should be made that you can’t run for a leadership position after the age of 65
Trump is 78
Is he going to be okay in 4 years time or is his mental health going to deteriorate
at least trump can string a sentence together and not stare into space haha
For now lol
4 years of him being president what if he starts at 80
2 years in he’s as bad as Biden now for forgetfulness
I do like trump but I do think all these leaders over the age of 70 is concerning 🤣
yeah still pretty old tbf. God knows. Right time to load charts for first time since last week and see whats what ready for tomorrows trading
looking at anything atm @split night
Yeah was about to do that now, not looked at anything yet I might wait for the NY session
What about you?
Need to get trading my futures challenge too
gona watch Civil War, could be around the corner with the way things are going
You have a futures account already?
I’ve seen this film, without spoilers it’s okay but I was a bit disappointed in it
Nice, straight into it
hubby got a udemy course on Futures, gona get through that and venture into futures
believe its best to trade that after ny bell at 2:30pm
you believe correct
so my idea is i trade forex 5am-2:30pm then switch to futures till 7-8pm
I believe there is no spoon
still got a massive screen to set up
If anyone gets that reference you are a legend 👆🏻
was meant to do it weekend but i couldnt be bothered and doctors told me to rest and not raise my BP lol
Yes @restive narwhal you legend!!!
and that would deffo raise it
love the matrix !
how difficult is to set up a 49 inch monitor?
well i have to completely re arrange my whole set up
chances your BP are slim?
as already got 4 monitors and 2 laptops
49 inch monitor is massive lol
Is it decent monitor or just big screen sized
I got my widescreen back in Jan. Would love to say it turned my trading around but I'm a numpty and like pressing buttons too much
Which of the premium indicators would you use to identify a choppy or ranging market?
love it though
Nice I have an Acer Predator 27inch 144hz G-sync lol
But I game
can't play games on widescreen so i gave up on it
Was cheap tbh for that monitor I paid £300 which is good considering some monitors are £700+
S&O and eyes
I dont use any indicators as such. I just eyeball the markets and if its moving sideways i presume its ranging. But you could use squeeze/trend strength in S&O dashboard too as confluences
this ^
I have 2 monitors, used to have 3 but needed to remove 1 for space. Eventually I want to build up 5 acer predators or maybe 6 if I have the space
Still massively tired in the mornings after going caffine free. Im used to my monsters and coffees kicking in
Mushroom coffee?
Keep forgetting to take it, will make one in a minute though
what time you go to bed? I'm usually asleep by 10pm and up by 6am, feel much better for it
I bought ashwaganda powder as well to mix into my coffee and instead of just getting lions mane, I bought a 7 blend now with 7 mushrooms
Seen that LOL
Organic of course
and no hanging around in bed in the morning
I discover when the different time frames have trend strength but in both bullish and bearish, that's when it's ranging. Is it right to say so?
It has like lions mane, shiitake, cordeceps or something
Well i aint been sleeping but some tablets im on mess my sleep up so now doctors put me on sleepers but you sleep a good 7-8 hours but wake up so groggy
but they changing them to a low dose of diaza which hopefully will be better. But ideally i want to be off any sleeping meds soon cba being reliant on pills to sleep.
I take melatonin gummies, better than sleeping pills
ooo link us in DM ill try them out
🙂
let us know how you get on with futures! its really fast paced. Need a lot of focus for it what im lacking at moment
Got some mushroom chocolates if anyone wants
don't know if i'd trust udemy trading courses to be fair
never heard of udemy tbf but im a noob when it comes to trading courses haha
