Hey everyone, Although our new setups are all live (except USDJPY), it’s important to remember that risk management is still a key factor for long-term success. Even if you are trading different strategies or instruments, many assets can move together if they share the same currency (for example EURUSD and XAUUSD). This correlation can increase your effective exposure and overall risk. 🔑 Key Points: • Normal Drawdowns: Each strategy is designed to have occasional drawdowns. 1–2 losing trades in a row are completely normal. • Multiple Strategies Together: Running several setups at once can result in overlapping losses. Example: 3 setups at 1% risk each could mean a 3% daily drawdown if they all lose simultaneously. • Risk Adjustment: • If trading multiple strategies → lower the risk per trade (e.g. 0.25–0.5%). • If you prefer higher risk (e.g. 1% per trade) → select only 1–2 core setups (for example EURUSD + Gold). • Prop Firm Accounts: These have tighter rules. Think in terms of the overall portfolio, not just individual strategies. Suggested Approach: • Evaluate whether it is more suitable for you to operate multiple strategies with reduced risk per trade. • Alternatively, consider focusing on a smaller selection of high-conviction setups while maintaining a standard risk allocation. Managing risk wisely is what keeps you in the game and growing consistently. And remember, if you’d like personalized guidance, we’re happy to arrange 1-on-1 support with our support team to help you set things up properly. https://tradealgorithm.co.uk/support

Been looking at a shorter time frame to get some smaller scalp trades to work on my consistency. I ran some tests on these two futures on my trading view using the apex back tester. I find this looks great on a 1 week backtested. I am going to try it out this next week along with my confirmation indicators and the volume profile levels. Feel free to try these settings out. Share the feedback below 👇 good or bad. Here are the screen shots.

Hey All, I seen some mention of Discord and was wondering if we had a channel?

Hey everyone, heads up: today we’ve got major U.S. Fed / FOMC events on the calendar — rate decision, economic projections, and press conference. Markets are expecting a 25 bps rate cut to 4.00–4.25% with very high probability. 🕗 Time: 7:00pm BST – FOMC Rate Decision & Statement 🕣 Time: 7:30pm BST – FOMC Press Conference What this means • Expect sharp moves in USD pairs, indices, and rate-sensitive assets. • High volatility and potential whipsaws around key levels. • During the day, USD-related assets may remain less volatile, with the main movement concentrated around the announcements. Recommendation If you’re trading manually: we strongly suggest closing open positions before the news to avoid unnecessary risk. Be cautious, false stability during the day can quickly turn into extreme volatility once the statements are released. Managing exposure around events like this is a core part of professional trading discipline.

Hey everyone, The new automation updates went live over the weekend — here’s what’s new: 🔹 Live Setups EURUSD, GBPCHF, and XAUUSD are now running on the updated strategies. You can find more details about the strategies here: https://www.skool.com/tradealgorithmelite/classroom/51ff4d9a?md=5d9f716a24b24aaeb0a56617c532b586 🔹 More Markets Coming USDJPY and XAGEUR are in final testing and will be added shortly. For now, you can preview them in the backtester. 🔹 Enhanced Backtester (v2.1) The backtester has been upgraded to version 2.1, showing performance tailored to your account. 👉 Reload TradingView and re-add the backtester to your chart to start using the update. 🔹 What’s Next This is just the start — new automation tools and additional platform integrations are on the way to keep improving performance. 🔹 Support Need help? Reach us at support or message me directly - https://tradealgorithm.co.uk/support