LUX (By Marcel Durham)
| Gain : | +12600.09% |
| Drawdown | 11.82% |
| Pips: | 14302.8 |
| Trades | 375 |
| Won: |
|
| Lost: |
|
| Type: | Real |
| Leverage: | 1:500 |
| Trading: | Unknown |
LUX Discussion
Apr 25 at 14:51
@MarcellusLux Hi. Can you tell me, if I ready to join you. What period of time do I need to start earn?
Apr 25 at 20:26
Hey @MarcellusLux I've been watching you for a while, good trades.
A stable profit is difficult to achieve over a long period of time.
A stable profit is difficult to achieve over a long period of time.
Apr 26 at 06:04
Hi @MarcellusLux , will you be changing brokers??, Accentforex cant really be trusted especially after what Anthonywin did to his clients.
Marcel Durham (MarcellusLux)
Member Since May 19, 2020
337 posts
Apr 27 at 01:56
RaftRob55 posted:Thank you for following LUX. I do my best to keep the consistent profitability.
Hey @MarcellusLux I've been watching you for a while, good trades.
A stable profit is difficult to achieve over a long period of time.
@Marcellus8610
Marcel Durham (MarcellusLux)
Member Since May 19, 2020
337 posts
Apr 27 at 01:58
lexusxxx posted:Right after funds reach the account. But operating with numbers, then on my account page it shows that the average monthly profitability is 9.27%. You can take this as an approximate expected result for the specified period (month). Moreover, the accumulation of compound interest will also increase the profit amount.
@MarcellusLux Hi. Can you tell me, if I ready to join you. What period of time do I need to start earn?
@Marcellus8610
Apr 27 at 18:50
MarcellusLux posted:
The Usd/Jpy trade is interesting as an example of analyzing possible movement scenarios and strictly following the established plan and trading system. The trade was opened according to the uptrend, after unsuccessful attempts to break through the channel support area, as well as EMA 200 on the hourly chart. At the same time, I saw that the levels of 134.00 and 133.900 will provide support.
However, after the opening, the market immediately went down, trying to create a false breakout of the EMA 200. I was ready to take a loss if I received information about a possible deep fall and trend break, but instead, the MACD showed divergence on short-term timeframes , and on the hourly chart, the MACD signal line was not crossed confidently, thus allowing my to wait.
Despite the tense period after the open, my patience was rewarded as the market impulsively continued to move with the trend and returned to the area above the EMA lines on the hourly chart. The market confirmed quite strong growth markers, so the following decline was not so important, I saw that the market would return to 134.400 – 134.500 and therefore I set the take profit below the top level to be sure that the trade would be closed with a profit.
I didnt know MACD can be such useful.
Perhaps I sjould reconsider my attitude towards it :-)
Apr 28 at 09:43
MarcellusLux posted:
The Usd/Jpy trade is interesting as an example of analyzing possible movement scenarios and strictly following the established plan and trading system. The trade was opened according to the uptrend, after unsuccessful attempts to break through the channel support area, as well as EMA 200 on the hourly chart. At the same time, I saw that the levels of 134.00 and 133.900 will provide support.
However, after the opening, the market immediately went down, trying to create a false breakout of the EMA 200. I was ready to take a loss if I received information about a possible deep fall and trend break, but instead, the MACD showed divergence on short-term timeframes , and on the hourly chart, the MACD signal line was not crossed confidently, thus allowing my to wait.
Despite the tense period after the open, my patience was rewarded as the market impulsively continued to move with the trend and returned to the area above the EMA lines on the hourly chart. The market confirmed quite strong growth markers, so the following decline was not so important, I saw that the market would return to 134.400 – 134.500 and therefore I set the take profit below the top level to be sure that the trade would be closed with a profit.
Dude what is your general trading scenario? Can you tell me a little bit more?
Marcel Durham (MarcellusLux)
Member Since May 19, 2020
337 posts
Apr 28 at 13:16
RaftRob55 posted:
I didnt know MACD can be such useful.
Perhaps I sjould reconsider my attitude towards it :-)
Thank you. Please consider also another factors because not just MACD indicator works fine, but the entire system LUX. Follow my previous posts about system details or just let me know if you are interested in any details of my trading.
@Marcellus8610
Apr 28 at 18:55
MarcellusLux posted:
Today I would like to make a few posts with a short analysis of two trades that were the most interesting of the recent ones.
Overview data:
5 trades for the period from April 19 to April 24.
4 trades out of 5 are profitable and closed at the take profit.
1 losing trade was closed by stop loss.
Fully completed trading plan for the week and for the month: April profitability is 9.67%.
Great results.
Not too much % but is that the point, right? In the pursuit of great profitability, only greed works well
Member Since Jul 29, 2021
33 posts
Apr 28 at 20:22
Goldbarrel posted:I disagree. The crypto industry, including especially cryptocurrency systems, has a huge potential. If there is a demand for cryptocurrencies as an effective, fast and simple way to transfer funds, which is performed bypassing banks, then the price of crypto assets will rise accordingly.Lionkingdom posted:The growth potential was 3 years ago, now it's a thing of the past.Cosmo11 posted:This level has not been passed for a long period, while many significant events took place in the world, including those related to the cryptocurrency market.Lionkingdom posted:So what?
@MarcellusLux Have you seen that bitcoin has already risen above 30k? What do you think?
Firstly, 29.5k now on investing,
secondly, why this level is important?
Member Since Jul 29, 2021
33 posts
Apr 28 at 20:31
@MarcellusLux on your recent USD/JPY trade (you showed above), I see that the market continued to move, leaving the EMA lines below the price mark and also a move to a rising macd above 0 level signaled a possible growth. Why did you decide to close the trade?
May 01 at 12:10
@MarcellusLux I've been impressed by your detailed analysis and trading strategy. I'm curious about how you manage risk in your trades, particularly when it comes to setting stop loss levels. Can you share your approach to determining the appropriate stop loss distance and how you adjust it during the trade, if at all? Thanks in advance!
May 02 at 09:42
@MarcellusLux I checked out your myfxbook trade history in details and I gotta ask, what's the deal with all those withdrawals and deposits? I mean, you got like 2 mil in withdrawals and 4 mil in deposits, why?
Marcel Durham (MarcellusLux)
Member Since May 19, 2020
337 posts
May 02 at 11:21
OMata posted:Throughout 2022, I have been hard at work on increasing my consistency rate and after some changes earlier this year, I am starting to increase profitability with a good stable strategy. Yes, you are right, that is the point, but in this case it is an absolutely normal process of developing a trading system.MarcellusLux posted:
Today I would like to make a few posts with a short analysis of two trades that were the most interesting of the recent ones.
Overview data:
5 trades for the period from April 19 to April 24.
4 trades out of 5 are profitable and closed at the take profit.
1 losing trade was closed by stop loss.
Fully completed trading plan for the week and for the month: April profitability is 9.67%.
Great results.
Not too much % but is that the point, right? In the pursuit of great profitability, only greed works well
@Marcellus8610
Marcel Durham (MarcellusLux)
Member Since May 19, 2020
337 posts
May 02 at 11:59
Lionkingdom posted:This is a very good question that every trader should ask after a trade: 'Why did I make this decision?'
@MarcellusLux on your recent USD/JPY trade (you showed above), I see that the market continued to move, leaving the EMA lines below the price mark and also a move to a rising macd above 0 level signaled a possible growth. Why did you decide to close the trade?
My main argument is the significant impact of the 134.400 level and strong pressure on the price in the 134.400 - 134.500 area. As you can see, after I closed the trade, the market again fell to EMA 100. I determined an opportunity to close the profit and I did it, not considering the probable increase after the correction. I have to accept the fact that my position allowed me to take risks and try to handle a correction and then wait for a break of 134.500, but I made a decision with minimal risk.
What would you do in this situation? I'm interested to know your opinion.
@Marcellus8610
Forex Project PH (rudolfryan)
Member Since Mar 19, 2021
1 posts
May 02 at 12:23
AnnMeer posted:He is managing a PAMM account, that withdrawal is automated from the broker to be given as shares to his investors
@MarcellusLux I checked out your myfxbook trade history in details and I gotta ask, what's the deal with all those withdrawals and deposits? I mean, you got like 2 mil in withdrawals and 4 mil in deposits, why?
Member Since Aug 19, 2021
179 posts
May 02 at 12:33
AnnMeer posted:Oh I do not believe he makes all of these deposits and withdrawals. I suppose that the comment above closer to the real situation.
@MarcellusLux I checked out your myfxbook trade history in details and I gotta ask, what's the deal with all those withdrawals and deposits? I mean, you got like 2 mil in withdrawals and 4 mil in deposits, why?
Marcel Durham (MarcellusLux)
Member Since May 19, 2020
337 posts
May 03 at 11:31
AnnMeer posted:Everyone who answered you was right. Please note that my account is connected to the pamm service and some withdrawals and deposits were made by investors and processed by the system. Also, some transactions are rewards for partners.
@MarcellusLux I checked out your myfxbook trade history in details and I gotta ask, what's the deal with all those withdrawals and deposits? I mean, you got like 2 mil in withdrawals and 4 mil in deposits, why?
@Marcellus8610
May 03 at 11:43
rudolfryan posted:
He is managing a PAMM account, that withdrawal is automated from the broker to be given as shares to his investors
WhiteWitcher posted:
Oh I do not believe he makes all of these deposits and withdrawals. I suppose that the comment above closer to the real situation.
@rudolfryan @WhiteWitcher thanks for the clarification. That makes sense. It's always interesting to see how different traders manage their accounts and interact with investors.
As a follow-up question, @MarcellusLux, can you tell me a bit more about how you approach risk management in your trading? Or where I can read it?
Marcel Durham (MarcellusLux)
Member Since May 19, 2020
337 posts
May 03 at 11:48
DenverRRR posted:Hi, if you mean skills, then I suppose I would not be able to single out those skills that are important or less important. If what a trader does brings the profit, then it's the right thing. For example, I trade using technical analysis and the calculation of probable market movement scenarios, but I also know a trader who trades solely on instant news movements. I see how effective it is and I know that he trades right. My trading is also efficient and I also trade profitably.
Dude hi.
I have another question for you. What are the most important qualities of a trader would you highlight?
@Marcellus8610
