#💱forex-chat
1 messages · Page 162 of 1
Thank you a ton 🙏
@rough jungle I have followed your Youtube videos and set it accordingly but I find luxalgo misses most trades according to the settings i follwed in the videos
Unfortunately, we don't. But we got a wealth of documents and videos. The LIVE's id definitely recommend though. They usually everyday Mon-Fri 10:30am NY time. But as i linked you in the previous message, all the LIVEs are recorded if you miss anything.
Have you also checked out the strategies section for inspiration and ideas on settings you could possibly use in your own strategy. https://discord.com/channels/641770286638694402/1128499789437354106
I can use this?
On that image, Micky is using Price Action Concepts which is one of our premium indicators. Our plans can be found here: https://www.luxalgo.com/pricing/
I cannot find the new free indicator on TradingView
Browse the Library on the main website
Explore The LuxAlgo Library & get access to trading indicators on various charting platforms like TradingView, MetaTrader 4/5, NinjaTrader, ThinkorSwim, and more. Upgrade to get access to LuxAlgo Premium indicators.
Mickys streaming LIVE right now! https://discord.com/channels/641770286638694402/1178430832151638077

How long does it take to get used to seeing bigger numbers while trading. I'm asking for a friend
it depends on what big numbers are for you?
Still bothers me now a bit. Why i try not look at mt5 too much and focus on my TV chart to see how my trade is doing
Nice.
Whicg indicator is better for scalping
Hope you booked it and went long yesterday
Which?
Gbpnzd
Anything over 1500.00
Lasted 15 days 🙂 gbpnzd
Exactly
Oh exited since last week.
and made half trillion bucks 
cant keep a trade that long.... im impatient
But thats the secret. Go for a no -fees swap account and just let the trade run
Pointman is 9 out of 10 times correct....very impresive
Yes he is great
hey, I'm new here! thats a super impressive trade pointman very nice.
Not 10 out of 10? 😀😀
Pointman always on point 😀
I bit too early the last jpy trade
But still a winner
do you guys think there is a setup for gold right now?
if it hits 2424 would it be considered a 'retest'?
hey guys, is there a simple strategy using signals and overlays?
tks bro
some nice setup for gold ?
Who’s taking some EUR/USD set-ups?
Thanks @radiant sinew for sharing your closed trades
best strategy and settings for xauusd on smaller TF with LUXALGO indicator please?
can anyone recommend a video clip? much appreciated.
Have you reviewed these ideas for your strategy:
#🧠core-lessons
#📈must-watch
#1199356285813006367
#1128499789437354106
This short video is a pretty good one that I just posted
hey there, welcome 😁
After hours now
Will pick back up closer to mid Asian I suppose
Not eurusd but usdchf
cool, what do you like most? Signals and Overlays?
Price Action Concepts?
None of them
I use matrix
What feature do you like the most ? 
I use screener, I like that most. Watching different time-frames on same chart
@echo kiln hey micky if i press the update button on price action indi will my any alerts still work?
or do i manually reset them again
Hi, normally the update won't affect them
ok thanks
It is supposed to keep your settings and alerts.
But there are certain situations that not all settings/alerts will be migrated over, that is why I will always double check all of my settings.
just sharing some PA setups with CHOCH(+)
ok we will find out soon enough x)
HERE we go!
ohhh, colors
todays news:
Good morning ladies and gentlemen. Happy Friday
Good afternoon
I got out of my swing trade...I feel like USD might be up today.
Thoughts?
dxy is bullish
gold moving
ive had a few days detox from the charts. Decided to stop whilst i was ahead with profit on wednesday. Many a time ive been in decent profit beginning of week then given most of it back to markets by end of the week
its good to know when to stop and not try get greedy
finally back into charts
update my chart colors and everything
im not trading gold currently... But still bullish
but ca change soon
yeah, gold is one of those physical assets you just need to buy and hoard more of.
like water.
LOL
bullish overflow on h4 matrix ascilator... im waiting to enter short
too high in range to enter long
dead in here today
yeah where is @radiant sinew when you need him 😛
Pointman is just lurking at you
enjoying his millions of dollars he earned this week
he is damn right


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


Gold going to 2440 today?
2436 atleast expecting
already went to 2436
Any other plans 🤣 been sl’d by gold 3x today 🫨
Just hanging around?
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Only thing lurking is xauusd around PDH FOR HOURSSSSSS
👀
MAD to think 2430 was massive ATH not to long ago now it’s just ranging
Got to settle next couple of months got to 🧐
EUR/USD
4H chops for most of the week
Anybody do ok with this pair?
New colour
Hahaha. Day 5 of 5
ha
Yup
time to short
I would love this at these levels
thank you so much... I love it
Some folks here focus on the Unicorn set-up? Yesterday's 1m Gold
you dont sleep a like 5 hours right?
yesterday was a tough trading day on XAU
now you have used the word unicorn as a setup.
bear with me as i need to read
ah got it
very good thinking
The "Unicorn Approach" to trading gold on a 1-minute chart, combined with the use of order blocks, is a highly specialized and advanced trading strategy. It requires a solid understanding of price action, market structure, and a disciplined approach to risk management. Here's a detailed outline of the principles involved:
- Understanding the Basics
Gold Trading: Gold is a highly liquid asset that is influenced by a variety of factors, including macroeconomic data, geopolitical events, and market sentiment.
1-Minute Chart: Trading on a 1-minute chart means dealing with high volatility and rapid price movements. This requires quick decision-making and a clear strategy.
Order Blocks: Order blocks are areas on the chart where large institutional orders have been placed, leading to a significant price reaction. These zones are often areas of strong support or resistance.
. Identifying Order Blocks
Bullish Order Blocks: These are formed at the low of a down move before a strong bullish impulse. They act as demand zones where buyers are likely to enter the market.
Bearish Order Blocks: These are formed at the high of an up move before a strong bearish impulse. They act as supply zones where sellers are likely to enter the market.
Unicorn Approach Principles
Market Structure: The unicorn approach focuses on aligning trades with the underlying market structure. Identify the trend direction on higher time frames (such as 15-minute or 1-hour) and use the 1-minute chart to fine-tune entries.
Entry Triggers: Wait for price to return to an identified order block. Look for confirmation signals such as:
Candlestick Patterns: Rejection candles, engulfing patterns, or pin bars within the order block.
Volume Spikes: Increased volume at the order block indicating strong participation.
Divergence: Use of oscillators like RSI or MACD to identify divergence in momentum when price hits the order block.
Divergence: Use of oscillators like RSI or MACD to identify divergence in momentum when price hits the order block.
Risk Management: Define your stop loss just below the bullish order block or above the bearish order block. Risk no more than 1-2% of your trading capital on a single trade.
Take Profit: Aim for a risk-to-reward ratio of at least 1:2. Use trailing stops or scale out of positions as the price moves in your favor. Key levels like previous highs/lows or Fibonacci extensions can act as profit targets.
Trade Management: Monitor trades actively, especially on a 1-minute chart. Adjust stop losses and manage positions to lock in profits as the trade develops.
4. Combining with Other Techniques
Liquidity Pools: Identify areas where liquidity might be resting (above highs or below lows). Price often moves towards these areas before reversing.
Imbalances/Fair Value Gaps: Look for areas on the chart where there was a sudden price movement leaving gaps or imbalances. These often get filled, providing another confluence for entries or exits.
Discipline and Psychology
Patience: Wait for price to come to your identified zones. Don't chase trades.
Consistency: Stick to your trading plan. Only take trades that meet all your criteria.
Emotional Control: Trading on a 1-minute chart can be stressful. Keep emotions in check and avoid impulsive decisions.
very good approach
looks fun
Hello everyone. How are you preparing for next week trading?
You guys hear about black Monday
Hi everyone long time
Any POV on EURUSD ?
Hi everyone.Does luxalgo have indicator like this? For trading PO3 and dexterlab concepts...
hey there, have you considered the LuxAlgo premium toolkits ? Both OSM and S&O have features that could be similar to the one you stated. https://www.youtube.com/watch?v=jOamxUcNYEg
Choose your LuxAlgo plan: https://luxalgo.com
In this video we explain how to find your setup between all of the different features within our exclusive LuxAlgo toolkits such as Price Action Concepts, Oscillator Matrix, and Signals & Overlays. We do an overview of the entire product suite including all 3 backtesters within the Backtesting Syste...
Thanks but I just need candles overlay. It seems that there is no free. BTW thanks for your awesome content and indicators
dose any one has broke wiht low spreads so yo u can ztrade on the 1 minut chart
Could you clarify please?
well i have tried gpt to find me the values of bar color on the S&O but couldn’t help 😖
anyone can help me and be more useful then GPT4O 🙂 i need to use the barcolors as conditions and i need the code colors to use them
Custom alerts, with using bar color value for external, you can take a look at the data window for the green +1, purple 0, red -1, valuesIn custom alert, you would need to add a 2nd instance of Signals and Overlays, one will call the other.
One color (green to purple to red) will cross the other color. Purple to Green is "crossing 1." Purple to red, is "crossing -1."
nice thx a lot needed the values of the bars thx again Micky
Is this a book you would recommend as well besides best losers win?
waht do you mean wiht clarify
I didn’t understand your question here #💱forex-chat message
I guess he meant to ask about a low spread broker recommendation
How do people take multiple trades on one pairs like 10 buy trades on gold all at one time
Does a stronger percentage of trend strength in red mean a stronger downward trend
Simple, depends on their account size.you can take many individual trades within seconds of each other.
I can buy one lot or I can buy one lot, 20 times within a few seconds, depending on my account size
One of my brokers was lumping all the trades together even if I bought a second one ten pips later they'd average them together. I was kinda annoyed at this and this week they started letting us separate them or we can lump them together.
That’s crazy. I’ve never had this experience before.
Hello everyone. I trust we all had a nice weekend and good review. Let's get to work.
todays news:
indeed, thats another book i've read. It was really good for my psychology
I want “Nadaraya Watson Envelope” Indicator old version - 4 pine editor code
Anyone please help?
It's not possible to get older versions of our indicators unless you have to already saved on a chart layout.
Ok Bruh 👍
Is there any difference between Candel Colouring thats in the S&O v PAC?
Yes, the candle colouring in Price Action Concepts will go off market structure. Whereas the Signals & Overlays indicator is a completely different algo and will colour candles as per your sensitivity settings.
Thanks Danny
Thank you. I think that's what I need to get good at right now for my psychology.
I think you’ll like that book then, because psychology was a massive thing I struggled with in terms of trading. I’m still always looking for books on trading what talk/help with the psychology side
I’ve got a few more trading books to start this week so I will let you know how I get on with them and if I think it’s worth a recommend
Yes please. Thank you very much.
I would like to understand the psychology behind some trades that we do. When we short or long and upon seeing that is not going in our favor, the rational thing to do will be to cut loss and do a reverse trade but why don't we do it?
Best losers win touches on that side of psychology and trading
I'll be starting two books this week called the zen trader and liars poker which was mentioned in the best losers win book. Ones a 12 hour audible book so may take me all week to get through it
Can share briefly as I realized I keep having this same challenge?
I want to know the Supply and Demand Daily Indicator is it repainting?
in the best losers win, he touches on how as humans we can keen to add to losing positions but never really add positions to winning trades and we are built to take profit early and secure some profits. Whereas with losses we are happy to let them run into a deep loss in the hope they will reverse whereas our mindset is different with our take profit. Soon as we in a winning trade and it starts to reverse we are far too quick to close the position because of 'fear' of losing out on potential profits.
I really enjoyed the book tbf on how you should have your mindset when it comes to trading but explains why over 90% lose money is because of that exact reason and fear
Did you have this challenge and how did you rectify it?
I just realized that if I verbalize what I would do, I would do it. For example, if it crosses the Trend Catcher, I would cut loss. If it hits the FVG, I should cut loss and reverse trade instead.
just comes over time and with experience, i used to always extend my SL in the early days of my trading. Now i set my SL at a place where if price hits it and takes me out i accept the loss and don't increase my SL as if price tags my stop loss my trade set up is no longer valid and will await another set up.
I still have issues letting my winning trades run tbf, then times ive tried letting my trade run. Its gone against me and taken me out at BE so its a difficult one
The best thing to do is set a trading plan then don't deviate from that plan at all and become consistent with it.
(IE: for you have a rule that if price crosses the trend catcher you cut your losses etc)
But it all comes with experience and time. Cant become good at trading overnight which people seem to think is possible with all these GURU's out there and misinformation
If I should get one book, would it be Best Losers Win or The Mental Game of Trading?
They both really good in terms of trading and psychology. Id try the mental game of trading first and see how you like that as it talks about recurring trading mistakes we make as humans - I think @split night may have recently got the mental game of trading. Not sure how hes getting on with it
i tried to enter short in it 4 times but didn't saw the movement i was expecting so exited near ctc everytime
Nzdjpy long. Shared this last week. Might TP tomorrow or whenever i feel like.
Well done
This was 6 days ago. Nzdjpy
Nicee
you are only showing some of your positions... i know you opened 800 lot long nzdjpy 
whatsup @radiant sinew gold still bullish
I haven’t looked at gold in a while. Let me check
still grinding higher and higher, no signs of weakness
busy scalping it
you can join with 5000 lots position
any more upside possibility in GBPJPY ?
ALOOOOOOOT
im currently long gbpjpy
XAU ?
im scalping long too
so i shoud reopen my position i was trailig SL but got hit
ok
crazy bitcoin today
Mickys streaming LIVE right now! https://discord.com/channels/641770286638694402/1178430832151638077

Gold is done I think
No not yet I want every buy it has left
im not sure about that
I dont see any reason why anyone should short gold now
If youre looking to short, try WTI instead
correct and i wouldnt short wti if i were you
If gold breaks again should it reach 2474 or bit higher
Does anyone know why I can’t trade xauusd with oanda even though it shows up in the pairs
I would guess it's the type of account you have. Perhaps have a forex account and need a futures account. I'm checking out ironbeam just for gold. I'm tired of seeing the movements and not being able to trade them.
are there any bot for forex can use to enter and out by custom signals by trading view
Yes, you have access to the LuxAlgo Backtesting Systems
Our Backtesting System™ product is out of beta & now supports our Price Action Concepts, Signals & Overlays, and Oscillator Matrix toolkits that are fully released in the brand-new Ultimate Plan on https://LuxAlgo.com/pricing.
DISCLAIMER: Past performance is not necessarily indicative of future results. Hypothetical or Simulated performance res...
😱 🚀
Do Yk a broker that would allow gold trading in the us
If not I’ll just have to switch to gb pairs
i alraedy use it iam on pionex can custom signal and use it directly by crypto but are there any proker can use it to get trading signal automatic
and another uastion please when add cvs to tradingview the options is not added to stratgey ?
I’m not understanding here
Same here, can you clarify?
If you are asking if there are any brokers that accepts these signals to trade automatically in your brokers account, then this is something you would need to ask the brokers and what they require
For CVS, this would be considered an external source. Please note, external sources are limited in what the backtesters can pull from them.
no option how fix it
are anyway can use or must add it manually
about broker yes that what i mean and understand
I'm trying to get in with ironbeam. They trade futures. Told me I can trade gold on trading view
There just trying to understand what kind of employment I have. I'm incorporated so it gets weird
I’m not understanding what you mean? Add what manually?
This ? Isn't it supposed to be added automatically from the external file?
Not sure what you mean external file?
We have to enter the settings manually for the Backtesting Systems @light mantle
I’m not sure what that excel file is for.
Please have e look at the PAC Backtesting System docs https://docs.luxalgo.com/backtesting-system/pac/introduction
Just manually input your settings. If you are trying to upload some excel file, I’m just not familiar with this, as this falls outside of LuxAlgo support. Have you tried inquiring with TradingView support?
CVS
OK, now I understand, you want to import a CVS file into TradingView.
I’m just not familiar with this, as this falls outside of LuxAlgo support. Have you tried inquiring with TradingView support?
NO I MA NOT CONTACT SUPPORT OF TRADINGVIEW BUT WILL TRY...
so XAUUSD doesnt wont to go down even $1 what the hell is going on ?
i think it will not stop untill cpi
Gold and WTI are getting ready for a short. Maybe later today, during the news? 😃
not even a small correction since yesterday i have been looking for a buying opportunity but nothing
Can someone pls tell me why my stop loss hits before my Sl in exchange? I was in crypto where sl triggers where i place Sl. But recently I have moved to forex and for ex. My SL is at 50$ it gets triggered at 45.6 and my trade closes
This has to do with several factors: your brokerage liquidity pool, slippage, gaps between brokerage open/close sessions, and whether they are regulated or not regulated, and other factors. Best to contact your brokerage
Thank you. Can you suggest a good broker for forex? Is there a way to deal with it or would it be good to change the broker?
I will always use a regulated broker, such as Oanda or Forex.com
todays news:
Good morning 👋🏻
Hey man, how you this morning? I missed my AJ entry showering. So annoyed aha
I’m good mate cheers how are you? Try not to worry bro just stay in the zone and wait for the next setup
Not bad buddy. Back at gym now trying to get some strength in my leg before op in next month or two. Had a good weekend?
Yeah was alright thanks, nothing too special and take it easy man but glad you’ve managed to get back in, bet you feel good to be back
Feeling sore being back but should be good soon enough. Need to get some stim free pre today as can’t have caffeine pre anymore. How was that meal at the olive tree?
I'm wondering if it will test 2482 again before a drop
which pair is this?
Eur usd
omg
it says there weak low. so as i believe that means kan go furdher down. am i wrong?
I don't know exactly what to do with weak lows or something like that
yeah you will feel sore for the first time back in a while, with the pre workout not having any caffeine are you not better just getting like BCAA or something?
Well i take a intra workout bcaa/eaa drink but i like the pump/focus pre-workouts tend to give too. So ordered a stim free one off amazon, see how i get on
whats everyone looking at today on charts?
I believe gold vill try 2500 it looks like it startet to it's swing from 2450
yes gold making big green candles
2500
Gbpjby going bullish or staying down?
bull
Ah fair enough mate see how you get on with it
Got it gotta trade gbp from now on because oanda or forex.com won’t let me trade them oddly
?
Gold dumping
SL trap ?
Hmm think so
Anyone trade market structures?
SMC or ICT?
With Price Action Concepts?
What are INTERNAL and SWING Structures?
CHOCH? BOS?
Take a look at this short video 
Get access to LuxAlgo Premium: https://luxalgo.com
All of the content on our YouTube channel is for educational purposes only. No data, content, or information provided by LuxAlgo, the Site, or the other products and services of LuxAlgo, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold ...
Omg liquidity on gold☠️
Mickys streaming LIVE right now! https://discord.com/channels/641770286638694402/1178430832151638077

i will give gold a chance
😁😁😁😁👀
Did you take a trade ?
Not yet
What’s a good broker I can use to trade xauusd in the us
I tried oanda and forex.com but it won’t let me maybe because it’s a demo?
hey mate ,
@echo kiln I’ve made some alerts for 1hr tf on pac but it goes off and I don’t see it on the chart
Is it like lagging? There used to be ob’s there if rewind
i'm fu king lucky i fall as sleep this night with an open position
i woke up 6h after
that prove trading is boring hahah
i use icmarkets
Says not a a available in us
try go market
I gotten Best Losers Win and am enjoying the book. He's really speaking from experience about what we are feeling when we trade.
Glad your enjoying the book and yeah it hits the nail on the head in some of the stuff he talks about in regards to emotions when trading
Hey there. The reason you dont see the ON on the chart where the alert triggered is because since that time, the OB was mitigated.
So yes, in replay you would see it, but now, it is mitigated already
Hope this is what you are referring to
I want to explain , how to use of the new Delta Flow Profile indicator, and how to benefit from it in trading.
The description and use case are detailed on the indicator page
https://www.luxalgo.com/library/indicator/Delta-Flow-Profile/
Many different traders have different trading styles for this tool.
You could use it the same as you would a traditional volume profile, TPO, etc etc....
Just depens on your trading style and the key levels you like to analyze, as this provides key levels for you.
Ofcos
Im waiting for xauusd to dump also
My issue with this wti trade is, cant seem to analyze my exit point
I think 77.601-77.315 is an area i might want to exit
Anyone tame EUR/USD past few weeks?
Tough
But when that ob is mitigated, it still can sometimes give the alert?
Stay out hah
Because the alert was after it’s not on the chart
Its gone.
If that was the case, you would have a million past OB's on your charts with a million alerts being fired off
Not sure, you can post the details in support chat.
Post settings, and screen images on your findings
Not sure, what do you think?
On Signals and Overlays? or PAC?
I'm waiting for the signal on s&o 5m TF
ill take a look
Cool thanks
Interesting
This looks good, has potential.
But
BUT
Higher TF bias is bullish?
Tastey though...
Yehhhh I did see that, I'm gonna sit a watch for a while I think
New 4hr soon
Thanks for your help!
What's ur entry point for gold ?
4h gold creating a doji
Check out this Price Action Concept strategy
Anyone use "Price Action Concepts" with the "Reversal Candlestick Structure" indicator?
Hello, I just joined you. Which is the paid Luxalgo indicator with a high profit margin?
Have a look at our Premium toolkits overview videos here:
https://youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC&si=rPDqObrSYw1JssiI
you said it with such confidence that I and 2 friends put longs on and all made a nice buck... just wanted to extend some gratitude... Thanks Pointman
should keep pumping up?
about to hit PWH
Had tp 🤑
EUR/USD finally breaks out of its' slump 
Good pump with SL anywhere close HL 🤔
Must have been picking CHOCH assists.
Yeah, looks good
What do you trade mostly?
I thought it would grab liquidity and go down, but it lost momentum
a Meme coin most of the time
We shall see
me
Shot up XAUUSD 🔥
For gold, i know there’s a nasty drop that needs to happen
👀
Gold to 2423
I did a short
on the asiam market
asian
never done that before
it worked
i am waiting for UK market open
NZD did nothing to the trend
The mechanism shows XAU is still going up and this is a pull back
thats it
Pump/Pull back or not, xau needs to crash miserably soon. WHEN is the question
The crash is at UK open time
see the news
but I can scalp not swing this
today is a hard news day
I am being very careful on entering XAU
we will see a pattern
1 day and 4 hour are positive.
so I will need to see a pattern
a lot of trading is knowing when not to trade
@radiant sinew you are a very very strong trader
@sterile oracle well said. You dont need to trade all the time. For me, I do a lot of DCA so entry is never a problem. Just trend/direction
Is Gold Bullish?
Todays news:
Drop maybe now
Good morning
Morning ☕️
How you doing
Currently looking to short EU if setups go well but not atm
Atm still bullish
DXY is bearish as well
Im hoping the two will reverse shortly either today or tomorrow EU will hopefully reach a ceiling and DXY will reach a floor
@rough jungle Can you look at CADJPY on 2h timeframe please ?
Oh nice got any analysis? I’m just getting put through my paces at physio this morning then I’ll be on charts about 9:30 to see if anything is looking good before big CPI news at 1:30
Im going to be aware of that CPI news and see what happens
I’ll take a look at CJ in a hour mate
Atm EU is in premium zone for 1m to 4 hour
Also a double top forming since early august
this is what i see but im not entering on the position yet, just observing and wanting to enter something like this
thanks 💪
First I want to see where this new high forms and how the DXY handles
Ooo sounds like a good set up. Chart looks nice and lots of FVGs to target too. Should be nice R:R. What is that trade in terms of %?
What do you mean?
R:R is 5.52 atm i dont know if ill get that lol
This CPI news could fuck this trade lol
Also GDP for EUR
I’d definitely want to be out of the trade by CPI tbf or not be in a trade till after CPI
Well
I’ve had times where I’ve had sl to break even and been in profit and still been tagged out with slippage and taken a loss
Yeah :/
I want to see what happens with EUR GDP first
I've also got to wait for this to make a new high as well
Then see some bearish candles to see the reversal
I had to short the Kiwi yesterday and it went at 1am this morning ffs
Im on chapter 4 of that mental game of trading
just started greed
i like it but im going to have to go back through it to the steps because ive just read it and feel like its something you need to be doing if you get me
Yeah I listened to it first then got book and read it as I feel I take in more information with a physical book as opposed to listening to an audible. Especially if I’m multi tasking and got the audible book on in the background
How you finding the book so far? A member got the best losers win book the other day and is enjoying that
its good so far mate just need to begin applying the steps ive read
atm im reading 1 fiction 1 non fiction
i have that as my non fiction
XAUUSD Sell 2476/80
TP 2472
TP 2468
TP 2464
TP 2460
Sl 2390
Hello All, Anyone have good settings for Lux Algo price action one? I am new to the premium algo and trying to find the best settings for it
I mainly trade XAUUSD and NAS100
ive not read any fiction books tbf will have to try one at some point
Yeah I think it’s good to have something to read that helps you switch off. I don’t mind if I don’t absorb all the information in fiction
Whereas that trading book I feel like I have to focus and concentrate on it
recommend any fiction books?
Atm, with how everything is going, I highly recommend 1984 by George Orwell
His animal farm is good too
Or atm I am reading the silmarillion by Tolkien
Hey welcome to the Lux community 😎 You can check out https://discord.com/channels/641770286638694402/1128499789437354106 for ideas on settings/strategies to potential use in your trading,
Also as your new check out these channels:
https://discord.com/channels/641770286638694402/997901168393068564
https://discord.com/channels/641770286638694402/997901091389841408
Daily LIVE streams (talks about how to use the premium indicators, the settings and tips and tricks) Mon-Fri around 10:30am NY time
https://discord.com/channels/641770286638694402/1199356285813006367
I'll take a look at those and get one ordered
Yeah man, 1984 is really good and might get you thinking about a few controversial things
it is a critically acclaimed book
oh perfect, will get it ordered now.
How did the EU trade go? still watching it?
Let me know what you think, I think you will find it interesting
Not entered EU yet, still waiting for setup
i missed what would of been a nice trade on UJ and would of taken a 1% loss on AJ
so far today what i've marked up
but was at physio so obviously didnt take them
It’ll come again I’m sure
1984 is free on audible, so just got it now. Will whack it on this afternoon and listen to it
@rough jungle Danyyyy
Nice 🔥
CJ is just ranging at the moment buddy, no trades for me going off the 2H chart
Is 13% a strong order block?
possibly, i got 10 showing so the 10 will add upto 100%. I just use them as confluences with my trading strategy combined with premium price action concepts indicator
You can take a look at one of our videos on order blocks here:
https://www.youtube.com/watch?v=fM-tgGv58Jk
Get access to exclusive LuxAlgo tools: https://luxalgo.com
Follow us on X: https://x.com/LuxAlgo
In this video we break down the complexities of the order blocks within our Price Action Concepts indicator, show you how to effectively detect and utilize them in your trading strategy and uncover a secret known by only 20% of traders.
Key Highli...
What sucks is forex.com doesn't provide volume so I have to open a second pair from another company to use volume indicators.
yeah i always use either OANDA/FXCM
btw what tf is good for swing trades in forex ?
1-4 hour and daily in my opinion
will daily works ?
yes
Yeah let me know what you think, I really enjoyed it
will do 👍🏻
sl below tp???
eh yo
be carefull today big annoncements
hey danny i think for orders block its depend olso if we have more sellers or buyers inside
perfect exemple
hi i took this trade based on the ^+ signal on 1 min but it printed at the top of that candle stick and i have a bad entry ended up getting stopped out. what can i do to improve this
don't use heikin ashi candle
thankyou
use normal candle and use indicators like confluence or tp for a strat
never like an entry. the perfect entry did'nt existe haha
thanks for the advice i really apricate the help 🙂 love this group!
for my personal strat i use signal for a tp
hi, what are the sessions hours for liquidity sweeps most used for trading gold?
You could add more confluences other than the signals, as in your chart the price is in a premium zone. You could add another condition such as only take buy trades what produce a bullish+ confirmation and is below the EQ and vice versa for sell trades.
You could also add more confluences and have an array of conditions what need to happen before entering the trade. The signals are not meant to be taken blindly but aid in our own technical analysis too
with smart trail reverse preset
thankyou
Another condition could be to use neo clouds for another confluence or other S&O indicator elements.
A complex scenario could be only take buy trades if
bullish+ signal
neo cloud blue
below EQ
bullish CHoCH
This gives you 4 confluences for your buy trade then as opposed to just relying on the signals, this is just an example how you can stack confluences
The 1 minute timeframe can be harsh though so if you're relatively new to trading id advise trying the higher timeframes first until you start to be consistent then move lower
Tuning into Mickys daily streams will help you though as i know you tune in to them as he offers tips and tricks on how to use the indicators to look for trades and how he uses them
yes looking foward to todays stream
But in general the more confluences you have stacked in your favour, the higher the chance the trade could go your way but that isnt a certain as losses are inevitable but we want the odds in our favour haha.
i think the most difficult thing in trading is the patient and discipline
definitely, its so easy to trade for the sake of it and get impatient
yes i need to no be so eager to take any trade and just wait for the good setups, learnt that the hard way but just part of the process
yep and you need to act like a stone when you have an open position following your start 
As long as your learning from your mistakes, its a win 🙌🏻
its also easy to hold on to the losers and not the winners in my own experience
im so grateful for this group! learnt so much and such a great comunity 🙂
yes we learn from mistakes make sure to learn and make mistakes in a demo acc not like me 
yep
Still need to work on this personaly
Its what this community is here for, all learning together 😎
yes here its the best place to share and help each other
CPI in 1 minute 
just for every new just be carefull of scam. Unfortunately 95% contents of trading on the internet is a scam
here we go
20s big candle coming haha
5
4
3
2
1
lol
suuuuii
lol thats wild
rip for evrey sellers stay in open position before annoncement lol
my friend just got swiped lol he didnt listen
lol
Droppppp
got my EU short scalp
That was a close one
you shorted it?
Bommm
TV Ic market its really bad when we have big move
yup
3 mins before news release, I was sweatin b@lls
bahaha
lol what time frame?
someone use ic market as broker?
im looking at EU on 1 hour atm
my person account is with IC markets
it went to +20 pips, but got out at 10 pips I think, cant tell yet, as i use Forex.com and they dont provide executions on TV charts
lol
you know how to be a master on copy trade section?
cause if i want take 10% of profit to peoples copy me i need select a another acc but i can't select lol
Nope sorry ive always used another 3rd party app to sync my accounts to a master account (when i did it)
Todays CPI should move markets up in my opinion
ok ok i going try to find someone do directly with ic
thanks you
Right at the news I bailed 😂
nice
This is what I did
I entered short before news release, a pure gamble as there was hints that this report may offset yesterday's happy news.
I was in pain at release, then after a few seconds, finally came down to my direction.
It went to 20 pips, but I got out at 10 pips.
Why?
LOOK at the new Oscillator Matrix Divergence on the main chart !!!!!!!!!!!!!!!!!!!
Bullish Divergence, so that's why I just market-out of this
NEW Oscillator Matrix Divergence for the WIN

i cant wait to backtest the divergence on chart update later on this evening
5 seconds?
wow
scary timeframes and not for the faint hearted 
bet he had a monster and got 99 alert 99 decision making 99 speed and 99 execution lol
ahahah
hi, what are the sessions hours for liquidity sweeps most used for trading gold? Thanks
default
just make sure is at your UTC hours for sessions
I have no clue what your talking about
👀
hahaha
I am able to go low on TF's because of zero spreads on EU
thats the wrong answer
the right answer is you are superhuman
and juiced up on monster like bane but for trading lol
can we stop the monster talk AHAHA
is not truth?? for I´dont Know in this time
cravings?
hmmmm. for what the in timetable dude
ahhh no, just lucky on a gamble, and Trade Management with new Matrix update 
LOL
Always trade management
For those that focus on trade management, they are the ones that are making it

thanks, have anice day
in the super fax for...timetable the line for my studies? architecture
gold dump
Hi, how can we help?
short gold now or wait?
Whats your technical analysis saying on the charts?
on my 5m looks like the sell move already happened but i dont trade gold tbf
honestly - brain: sell
knowledge - Do the opposite
if i always did what my brain told me id get rekt 24/7 haha
currently it's retraced to 50% on the fib
Eeeeh not it´s okay
@radiant sinew Hi friend, What do you think about Gold? Can we expect 2390/2380?
Happy to help
I usually dont share full screenshots but hey 👋🏿
You can exit gold shot at 2438 to be on the safe side
If you have strong balls, 2423
you think gold will continue to fall Mr Pointman?
Will close WTI at 77.8
i need notis just for pointman 🤣 💪🏻
No secrets here. For my xau/wti trades, i do a stoch rsi combo on 4 different timeframes - then i analyze to enter
Analysis for wti looks like this. Exiting at 77.8
And then i use stoch rsi on 4 different timeframes (fast/slow) to confirm direction
Which was why i kept saying this
@rough jungle @echo kiln this setting is how many candlesticks its using right? for the PAC screener
So if i make it 6 it will be the last 6 candlesticks and if i make it 2 it will be the last 2 etc etc?
correct
ty
Mickys streaming LIVE right now! https://discord.com/channels/641770286638694402/1178430832151638077

Closed WTI now
still some room to downside
Wti
Waiting for xau next
can someone explain to me why XAUUSD went down, inflation is reduced so rate cut change is increased shouldnt go up ?
Because you cannot change destiny 😀
can you elaborate ?
No, sorry was just joking. The charts are priced in. News just pushes the price.
you have some crazy accuracy brother...
pointman, any chance you could suggest a sensible entry for gold buy?
No buys if i dont get my alerts
little profit today
didn't trade the asian session today i was tired
small week
big august for the moments
idk about you guys but july and august we have great volume
Looking for us futures broker with trading view l. Ehh, so I tried setting up with ironbeam but apparently they suck.
alarming boxes to the junk for real
Don't forget to submit your vote feedback on our latest Osc Matrix update on the Divergences on the price chart #✍polls 🙏

Oké that might be worth updating lol
NY is UTC-4
nah
You can try the quick update TV feature, but double check your settings, if some have not migrated over, then yes you would need to manually set those as well.
Always double check.
Ye doesn’t work
Because it’s connected with that other indicator
It gives me the trend channels for the hyperwave
"I didn't achieve anything for free, so why should I teach for free?"
Please don't inbox, and please don't ask any thing. Don't mind
Hey there, you are not accepting any messages.
So please refrain from self promoting and please respect our guidelines here: #✨community-guide
Sorry dear
Hello everyone I'm kinda new
Are there any good investor or crypto trader here please?
#🚀crypto-chat
There no volatility today, very boring.
Can one trade S/R in a ranging market with PAC?
Morning everyone 👋🏻
I was just wondering on the PAC screener the rating is the combination of the parameters on the screener right? But do I have to have the settings enabled on it for it to incorporate it?
For example, if I want it to include liquidity gaps in the rating do I need to enable liquidity gaps to show on the screener or does it take into account even the stuff you don’t view?
The rating will only sum up the settings you enable, so no worries there: https://docs.luxalgo.com/screeners/pac/elements#ratings
Ah right so if I want it to use everything I have to set it to show everything in the screener?
todays news:
Meaning if I want it to use all elements to give a rating, I need to have all the elements visible in the screener? I wanted it to take into consideration OB but at the same time I don’t use OB volume on the screener lol
Actually I don’t really know what I’m talking about because I have OB type enabled so that show be enough 😂
Should*
But just to clarify if I want the rating to use that element, I need to have the element enabled and visible on the screener itself?
Not all elements would have a bullish/bearish rating associated with it. Near as I can tell, it's only the elements with colors when displayed which will have that. In order to use that element as a contributor to the overall rating, it would need to be enabled.
I do think that is an interesting point though - do suggest it here if it would be possible to use an element for rating even if it's not displayed: https://discord.com/channels/641770286638694402/710235692730548225 Screen real estate is precious.
Ah okay, yeah I’ll see if they can do that. It’s not a big deal for me just needed to know what it was actually using to to make the rating. Thanks for the help Ynagshi 🙏🏻
Profiy
Gold at 3pm uk time rises
I suggest it goes over 2500
just a view
@radiant sinew has NZDJPY taken a turn for the worst? Any perspective greatly appreciated
Before this year end i do see 2700-2800
Guys where y'all can see the news?
Yep i took a +30$ lol
You can use the TradingView built in economical calendar to view upcoming news events
Very customisable - can select high impact news only / what type of news it displays
Thx
@rough jungle are this good for gold 2m Chart Backtesting thank you
Hey! its all about whether you think the strategy you've created is good for you or not (IE: in terms of net profit/Max DD etc)
All other opinions shouldn't matter to much to you as its only you who's trading and knows your trading style.
But my opinion is it looks good, the equity curve is nice and green along with low DD.
Hope your enjoying the backtesting systems!
P.S - you can talk about the backtesting systems in their own section: https://discord.com/channels/641770286638694402/1038363244873666571
(For example: someone could post a strategy with over 5% DD and ask if its good and for me thats not good as i trade prop firms but for other people who don't trade prop firms may think its great)
It's a bit like asking what are the best settings for a particular ticker, the best settings if you ask one person may differ from if you ask another person dependant on their own strategy/trading style.
Understand Thanks So much
Do you advise me to stay away from trading during the news?
Trading is really irresistible. You see that this deal is like the last deal and if you do not enter it, you will lose the profit, even though it may be contrary to your expectations.
I hope it wipes me out
Why?
Sarcastic joke lol
I’m praying it doesn’t
But usually what I want the opposite happens
So if I want to get wiped out and blow my account I might be successful 🤣
Yes especially high impact news buddy. Try to be out of trades 30 mins before/after news. That’s how I trade personally.
Big news events don’t matter as much on higher timeframes as smaller timeframes though as your usually having a bigger stop loss. (Ie: swing trading vs scalping)
Your welcome 👍🏽
we gonna have a big manipulation i guess on the news
on usdjpy the london just accumulate liquidity between 147.100 to 147.445
if you do to us gold stratgey on time frame 2m/1m with high rate win and goo profit will be thanks
LFG!!!!
Good that it comes down a bit ive been in a short for a while now
Profit taken and now I’ve got 0.03 lots riding the rest
Guys...
the chart look horrible lol
EURUSD☠️
i sell USD don't follow me lol
Yeah Eurousd better come down now from its monthly bullrun
i am the degen no sl
Ask @echo kiln
Eh chump change im still 500$ in the minus on Euro usd, it needs to drop a bit more
Ahhaha
its over sold be carefull
HUUUGE fvg
we gonna have a correction after the euphoria
@radiant sinew Mr.Poitmen, what do you think about Gold now? I hope it will go below 2400. Any idea please. Thanks
My trades
haha
If you have strong balls, 2423
☠️
i have 0.3lots on usdjpy
Buy?
Dont overthink it. Enter, set TP and leave. Thats it. Nzdjpy
your gifs won't work lol
Why
no SL??
He has strong balls
😮
don't need sl on scalp
its a swing trade i believe
No strong balls for me but I’m fine
Exited gold now. Done.
No bro. Not for swings. Nzdjpy was a swing trade but i only entered after confirmation. I just got out now but don’t forget it needs to go to 94. I left it running for almost 7 days.
Profit is profit 🙂
I need your brain Pointman... any suggestions for places to educate myself on swing trading? I know youtube is king but its an ocean... Any reccommendations for teachers/mentors?
@radiant sinew
Do like pointman. Use RSI on weekly, daily, 8h, 4h. Thank me later
Haha. Did you try it?
No alarm like you
will it break
can you share the setup of NZDJPY
that on what basis did u took swing trade
i want to learn swing trading in forex but majority of the times gets my SL hit due to news
Mickys streaming LIVE right now! https://discord.com/channels/641770286638694402/1178430832151638077

Man. What did you see that indicated to sell at 2469? I only managed to scalp the leftovers of that drop. Tell me whats in your brain. I want to examine it.
Started here
Here 🙂
Thanks. So, you were looking at the RSI on different timeframes for an OB condition and also following news?
I'll have to look up a Stoch RSI, not familiar with it.
I have an alert that triggers when that condition is met. This is for gold/wti (oil). I dont trade these pairs without the alert. Then i analyze - I use Fibonacci, determine point of entry and just DCA. Mostly accurate so I hardly use SL. I also place trades before the news.
Entry points are like magnets. 6-8 hrs before news, it starts to attract the price
oh oh brain surgery
Thanks for info. If you feel like unpacking that more I'm all ears. Otherwise gives me enough to look into as a beginner. Thanks.
Whatever it takes...
Search through here for my posts. Ive always shared things here
OBs are not bad but i dont use that. Could get smashed easily as well.
valuable information!
Thanks, will do.
if you want swings, set and forget trades you 4h and higher timeframes
Yup. Thats what i do with trades like nzdjpy. I shared some nice swings here as well. I believe i do that weekly
In this section or elsewhere?
Here
👀
Lot of news today 🤔
Fuck news 😠
I have a nice trade. NZDCHF to 0.536-0.539. Problem with this trade is - swing trade started 5th august but still have some upward movement
I wont take this. The R:R ratio is stupid. Entry zone goes as far down as 0.502. Nah. Wont take it - although i know it will hit the price at 0.536 soon - which if i enter now with 10 lots, is $14k
I think a CHOC on the 5mins should be able to signal a quick opportunity to go short
What pair?
Jp225
Where can I found the recordings of a stream like today? I remember it was said that it would be posted somewhere...
Okay, another nice trade. Gbpcad. Theres news tomorrow. Find entry and short that shit to 1.73927 - 1.721. Ill come back to this
Gbpusd also
Someone say Cable?
Lots of upcoming news.
Where do you think this will end up?
cool story bro
Hello everyone
Thanks , dunno where to start , looking for forex results
Can i pm ?
What can I do for you here?
Hi.
What settings do you have on your indicator to make it appear just the way you have it?
Because mine is very different and looks dirty.
It just met with Tuesday high. Might be the entry soon
@echo kiln will really like your opinion on the setup. Used 15 mins past 5 days data to check the trend then marked out the resistance and support then looking for some retracement at the new high. Used new CHOC on 5mins for entry or could still wait for BOS in the retracement direction for better confirmation.
You can watch a few of my streams here #1199356285813006367
Sounds good, I use Price Action Concepts and I also go over my simple template with a few ideas in my Live Streams as well.
Recordings are posted here for subscribing members to watch later on their own time #1199356285813006367
@radiant sinew is NZDJPY still 'cash-cowin'?
How do you get this alerts ?
Thanks
what you all think about eur/usd? been stagnant to long something going to happen lol
It did break out of its 4H range this week.
So looks good to watch for me now
Was going long, hmm dxy skyrocketing and eu barely moving hmm
Took this theoretical sell on gbp/usd 5 min chart, And it lost. I entered when i saw it break through the order block (marked in red) and entered at the orange line i put to confirm it had been broken. the order block disappeared after it was broken, is there any signs that would have suggested not to enter please. (also hit a banger on the sell from premium earlier) in future im looking for better setups thats y i didnt make the trade on my account.
a few i can think of my self are, lower lot size as it may continue in my direction after the retest, check lower timeframe as it shows discount zone on 1 min not 5 min that i was using, but most of all wait for a better setup.
Hello @radiant sinew , thank you for your useful shares to the community, I am also using rsi stoch on 4H and find it quite effective, I see your shares and know you are using rsi stoch (4H,8H, 1D,1W) to filter, you leave all indicators as default? How do you enter and exit orders? Would be nice if you could share it, thanks.
im struggling to trade at the moment can anyone help me
Chat what is margin
todays news:
Borrowing money from a broker to trade with. I highly recommend you are experienced in the basics of trading before taking any margin on trades
It essentially allows you to purchase a larger lot or more stocks with borrowed money. This allows you to get a greater return on profit since you were able to purchase more than you could with your own net worth. But it’s extremely risky because if the market goes against you. You are going to be in even bigger debt to the broker
USD CAD buy might be a 2 week hold
i dont get how people can hold on to trades for so long haha but i get its just different trading styles
When I'm holding a trade I try to look for another opportunity to prepare or a place to add to the position
It's a boring safe trade in general less fees
thanks @rough jungle
Any thoughts about gold today
@echo kiln I need some details about oscillator matrix trading as main indicator to scalp there is dome old lives to help
If you are live today just explain it
hey 👋🏻 Mickey did some amazing coverage of the Oscillator Matrix 2 days ago its the first link in #1128499789437354106 then scroll up 1 video 🙂
Here is the video Micky did solely covering the latest OSC update - 'divergences on price chart'
It can be viewed here: #1199356285813006367 message
Also if you miss any of the LIVE streams - they are all recorded, titled and posted here:
https://discord.com/channels/641770286638694402/1199356285813006367
I have been through 2 days and managed to make profit. I only swing if i am too fast
i wait now for the US open
there has been a lot of war
@echo kiln you are a strong trader
i have never had to hold gold this long for it to go up
we must do the mechnism
What news?
good new for me
🚀🚀🚀
Mickys streaming LIVE right now! https://discord.com/channels/641770286638694402/1178430832151638077

my AJ oanda chart not working
Hello Danny are there anyway to make custom signal from tradingview stratgey to gold any robots make that or sites
Hi, do you mean automate your gold strategy to take trades on your brokerage accoutn automatically?
yes.. like 3commace and pionex\
on crypto its okay i can but forx and gold dont know how
I won't be able to recommend a particular way to do this, but I can give you an idea on how this works. Trading View uses webhooks as an option in its alerts to connect to other 3rd parties.
The logic is as follows:
- Trading View alert -> webhook URL -> 3rd party platform (your own or you purchase a service) -> your broker/exchange/trading platform.
A message is sent by the alert to the trading platform to open/close/modify trades.
Please be advised that LuxAlgo does not provide direct support for automation, as this is facilitated through third-party software, and the process varies depending on the program being used.
You are more than welcome to ask in https://discord.com/channels/641770286638694402/1038363244873666571 to see if other members have achieved this and how they have done it
i will ask the support 🙂 thank you
Yes ask in https://discord.com/channels/641770286638694402/1038363244873666571 - if you ask in https://discord.com/channels/641770286638694402/702685056736559124 us at LuxAlgo won't be able to advise you on automation as stated above due to it being achieved via a 3rd party application. But regular members who have achieved this can advise
mine also has problems
You can use FXCM for now
till OANDA live data is sorted
Yeah, im using hahaha
my trading day over though so not really too fussed personally. Hows your trading day been
It has been normal, I liked the price action today
yeah i caught a nice trade on AJ early on
IMEAN WILL ASK EXNESS SUPPORT AND I ALREADY WRITEN ON BACKTESTING CHAT
Your cap locks is on
What do you folks think about Gold wanting to break out and up at these levels?
2600 by the end of the year 100%
😯
I want it by the end of the day 🤣
gold ath again
hey guys , the day was good ?
close
0.5 points haha
2EQH damm the liquidiy
if we don't break this ath today, the opening monday gonna does this
break past then go to 102-104?
Wow gold goin
Anyone in?
I am looking for a 5 min forex strategy with price action indicator
Have a look here for ideas #📈must-watch
What do you like to trade? @dawn cradle
Yes
Question
Every month hold new ATH who’s still buying? Who’s buying at the top?
Gold
I’m being stubborn now haha
F u gold
Just come back to 2500 is that too much to ask 😂😂😂
A sentence I didn’t think I would say
Its almost closing time for FX
What now?
Nice weekend to y'all.
Hello everyone
I'm kinda new here
I need help starting up a personal crypto investment please
#🚀crypto-chat
maybe they have ideas
can anyone help me w liquidity sweeps? being confused a bit
What has you confused about
Does the indicators work on heikin ashi candles?
All of our toolkits works on any bar type. But you would need to optimize based on how these hybrid bar types open and close.
Good morning everyone. Hope everyone has a great weekend. Take the time to relax and be kind to yourselves, you’ve all earned it 💪🏻
Anyone use luxalgo for Gold?
I am looking for a 5 min forex strategy with price action Indicator;
Most of what is discussed in this channel is for gold. @gloomy mountain and @unkempt sun : To get inspiration on how to use LuxAlgo, have a look through: https://www.youtube.com/watch?v=ALynd8yqQLw&list=PLbqCXsOfrM3N4wajKoJTL2G_sojJOl8Vg and https://www.youtube.com/watch?v=jOamxUcNYEg&list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC
Choose your LuxAlgo plan: https://luxalgo.com
In this video we explain how to find your setup between all of the different features within our exclusive LuxAlgo toolkits such as Price Action Concepts, Oscillator Matrix, and Signals & Overlays. We do an overview of the entire product suite including all 3 backtesters within the Backtesting Syste...
The toolkits can work with any asset/timeframe. It's more a matter of finding what will suit your strengths as a trader. I highly recommend going through the videos I have posted above.
So do I have to edit the indicator in setting?
You dont have to edit or change any settings, for any bar type if you dont want to.
But you can if you find the need to.
How is everybody preparing for next week?
I hate to say it but the way the market moved Friday I expect it to consolidate most of Monday... perhaps Sunday will go towards it's consolidating time and something will become available
Divergences are not quite following price especially with XAUUSD
Dont follow only divergences
in that case how to anticipate when the price is going to reverse its trend prospectively
i prefer 1-4 hour to divergences
How is the Liars Poker? Is it good?
Luxalgo support and R 10/10 I gotta glaze for a bit cause it’s the best I used out of any of the other creators in TradingView my pookie luxy brings out the best of the best 🤑🤑🤑
@echo kiln technically any relation between GC1 and XAU as there is different in trading values but following the same PAC you feel there is lag movement only can you charts it gives nice predication specially last movement in Gold futures typically happens in 1/8 and in XAU happens 16/8
The futures Gold GC and the forex XAU moves very VERY similar.
But with FX, it depends on which FX broker you use as there is no centralized exchange for FX pairs. SO be careful in selecting a FX broker that is regulated. The futures GC is ONLY traded on the centralized regulated CME exchange, no funny business here.
I trade only forex , i just check the chart
Both futures and fx have vastly differently holding rules, margins, etc
In Futures gold drops from 2521 to 2450 then rise again to 2500 then drops to 2404 then to new ATH
In the end, they are both separate symbols. With their own respective liquidity pools
this movement according to my analysis and typically happens in Futures
Next week we can see what happens 👍
If you are trying to use one to predict the other, not sure if there is a pattern, but you never know....
Take a look on chart you can see my point of view start from date 1/8 on gold futures
there must be an 11 trendline and then a pull back to 08 scene. I don't know yet how that works on 5M priors 2 steps behind shows the entry levels
so yeah eventually seems we had 3 different entry points on the chart.
We can see lots of strategies on signals and overlays. Of all these which strategy yields high win and RR ratio. Not all the members have backtesting options. Is there any data on backtests donebefore?
hello you guys trade on mt5? or you use other platform
LuxAlgo premium toolkits are dedicated to the TradingView platform
backtesting a particular strategy will most likely be performed by the creator themselves, which you can inquire with
helloo
you backtest? @echo kiln
I do somewhat for what I need for my manual strategy...
You thinking about jumping in with us?
Ok I'm going to be sick. I entered 2. Each tick of this one is 20 bucks. I think next enter is going to be one
damn I don't even know whats happening on your screen brother
does Gold gonna retest?
or its gonna keep going up
I doubt it'll retesti say that but I expect it to get to the 50 RSI before coming back up. I don't see much news for USD this week
I didn't know the US future brokers allowed degenerate trading....
anyone trading eur?
trading xauusd rn
What’s the different in making stack trades in one pair than increasing the amount u trade
Nice job here
Welcome aboard 👋🏼
Browse around and don't forget about these channels that will help you get started here:
#🧠core-lessons
#📈must-watch
#1199356285813006367
#1128499789437354106
Support and R indicator makes trading stupid easy give whoever made it a raise
Todays news:
Mondays usually always quite tbf
good weekend Jonesy?
Yeah not too bad went to see alien Romulus, how about you?
was it good?
it's nothing the entire week to be fair
gonna be a slow week then
Yeah was alright, I still think Prometheus is the best one
Looks like it lol
ima go see alien this week - mrs dragged me to see it ends with us
prometheus was good
Anyone prepared for a short at 506?
hoping for this short
Was it any good? I went with my Mrs to watch alien lol
Yeah I like Prometheus and covenant
I think I like Michael fassbender in them
He’s not in the new Romulus
It was pretty good tbf, not something id usually watch though
Yeah I tend to go with my Mrs when she suggests stuff cos she’s proved me wrong about a few films haha
I told her I don’t like musicals much and she put on wonka & hamilton and I enjoyed them
Just passed my 15k funded account so happy 😁 Thankyou everyone at luxalgo for your amazing help
yeah shes proved me wrong about a few movies too tbf
the trailers shown some decent movies id like to watch coming out too called 'the critic' / 'crow' / kraven the hunter
Nice, now you can join us on this inside

man what kinda platform is this discord. there are lots of people tryinna add as friend with luxalgo logo on profile! decline all of them. incredible!
man i send you a friend request so the only one with the logo on profile will be done and added as friend and the oders rejected. ((:
This is why I didnt accept yours as I dont accept many
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Please adjust "your" personal Discord account privacy settings...
that is cool, if anyone with luxalgo logo on profile sends friend request will be blocked then (:
i am kust watching this channel and midjourney from discord so i do not send or recieve anything from anyone (:
WTI long soon
Any one long gold now ?
no
looks great
Anyone have any idea what gold is doing
Yeah they don't even buy you a drink first.




