LUX diskuse

MarcellusLux posted:
Today I opened the EUR/USD trade that was closed with a gain of 3.26%, after which the monthly account growth reached 10.72%. There is another week ahead and I am sure that it will also be productive.

Today's trade was entered after a decline below 1.09000, according to the analysis I posted a little earlier, and was closed at the take profit level. I set take profit at 1.08451, according to the analysis, above the key support 1.08400, which has not yet been passed, and the price started a short-term correction. Thus, the daily EMA 100 has not been passed and the probability of the horizontal channel formation has increased.

Oh I like you have a simple and understandable analytics. Without abstruse terms as on many other threads. Lol.

Ima wanna copy you. How to do it??

MarcellusLux posted:

MarcellusLux posted:

AnnMeer posted:
@MarcellusLux What is the maximum frequency of trades per month that you can use with your trading system?

I am not trying to reach the maximum amount of trades per day, but I am trying to increase the accuracy of trading at the moment. This is a cyclical process, when the improvement of parameters is provided gradually, step by step.

You can see the trading statement and results on the trading system page https://www.myfxbook.com/members/MarcellusLux/lux/8591067
approximately 10 per month.

I see, I thought it depends on the market and the situations it can provide.

AnnMeer posted:

MarcellusLux posted:

MarcellusLux posted:

AnnMeer posted:
@MarcellusLux What is the maximum frequency of trades per month that you can use with your trading system?

I am not trying to reach the maximum amount of trades per day, but I am trying to increase the accuracy of trading at the moment. This is a cyclical process, when the improvement of parameters is provided gradually, step by step.

You can see the trading statement and results on the trading system page https://www.myfxbook.com/members/MarcellusLux/lux/8591067
approximately 10 per month.

I see, I thought it depends on the market and the situations it can provide.

Yes, and the frequency of trades will directly depend on the market analysis system and risk management settings in a given market situation.

MarcellusLux posted:

DenverRRR posted:
Dude @MarcellusLux trading is going well on euro, isn't it? How much time do you spend for trading now?

I spend about 70-80 hours a week on trading and everything related.
why are you asking?

It's a lot of time. It's unexpected to read this. I'm at the beginning of my trading journey, but I'm not sure that I'm ready to spend so much time for trading.

I wrote on this thread above that balanced time management is the key to consistent trading. So, relax is also part of the trading process. The fact is that for now I should spend a lot of time to trading and account management but it's a normal time management for developing business.

looks promising. i have added fund. i think it will be added on next week. got this message

Current Period:
2023-06-22 01:00 -- 2023-07-06 01:00

@DenverRRR @WhiteWitcher
Great discussion, I would be glad to share my opinion:

EUR/USD is trying to break below 1.08400 for the third time, which gives reason to consider this level as a key support and the main marker level to determine further fall to EMA 100 and EMA 200 on the daily chart, which are now at 1.08100 and 1.07250. At the same time, the price did cross the EMA lines on the hourly and four-hour charts, and this is the initial sell signal. The MACD on the 4 hour chart provided a very slight divergence which I would not consider a significant buy argument. It is likely that a long-term uptrend is forming on the daily chart at the moment and a further fall as a correction within the channel is a very likely option.
In the short term, I see the hourly MACD giving a buy signal, which could be the start of a rise towards the 200 EMA and 100 EMA on the hourly chart, which are in the 1.08900 and 1.09000 resistance area. In the near future, testing of these levels is possible, but I find further growth unlikely. However, I will keep an eye on the marker level 1.09000, because its break could lead the market to a bullish option, at least with the prospect of 1.09400 and 1.09750.

fire_kid posted:
looks promising. i have added fund. i think it will be added on next week. got this message

Current Period:
2023-06-22 01:00 -- 2023-07-06 01:00

Thank you for joining, let's be in touch
In case any questions arise contact [email protected]

ChaKie posted:

MarcellusLux posted:

ChaKie posted:
@MarcellusLux How's your trading going this week? I'm thinking about to trade on the euro tomorrow, expecting good volatility.

Trading was not so active, I did not enter the market during the increased instability. At the moment, the EUR/USD has gone far above1.09000. As you can see, my sell forecast was incorrect and my assumption that 1.09400 and 1.09750 will be reached in case of breaking through the 1.09000, is now being fulfilled.
07.03.2023 I closed a profitable trade on usd/jpy, which provided a gain of 1.55%.
How about your trading?

Well, mate, my trading didn't go as planned. Started on the right direction, but then boom! Price went against me. After the stop loss, I immediately opened trade in the opposite direction. And guess what? The price went against me again. I decided to fix a small loss. Looking at the chart know I see that I made the right choice.
Drama in 6 minutes or how to lose $ 1800 very quickly on the screenshot. Don't do like me :)

Thanks for sharing your experience, it's a great way to learn. This is a valuable lesson for everyone and a very significant example of the fact that it is wrong way to run after the market, you need to know where it will be and wait for it there with a take profit.
As I said before, I didn't trade the EUR/USD during the days of high activity, but you guys @DenverRRR @ChaKie are very brave.

Is there any way for US investors to participate?

redtrader556 posted:
Is there any way for US investors to participate?

I have no options to offer US investors for now, but we can be in touch [email protected]

@MarcellusLux Dude I look forward to your analysis on EURUSD. I`m sure the market can surprise us today on the last day of the month.

Hi there,
I am very intereted by the PAMM account, but i have an issue with the broker.
It is not a well known broker, any experience about it ?
Thk u

@MarcellusLux Do you provide a signals?
Subscribed to you.

How can I get your strategy

Patrick2018 posted:
How can I get your strategy

I don't provide ea, but please contact me here [email protected] to get the details on how to join my trading.

Two GBP/USD trades that I opened yesterday were closed today, both at the take profit level. This allowed me to enter positive profitability in August (the month started with a loss of -1.72%), which is currently 1.79%.
I expected that the take profit level would be reached a little earlier. Half an hour after the open, the market really started moving down, but it was not enough to break through the EMA 200 on the 30-minute chart. After 12 hours, the price again reached the EMA level and after a short term horizontal movement, this level was overcome and GBP/USD fell to take profit values of 1.27451 and 1.27433 and is now at the level of 1.27000, which means that further reaching 1.26800 and 1.26180 is possible.

MarcellusLux posted:

Patrick2018 posted:
How can I get your strategy

I don't provide ea, but please contact me here [email protected] to get the details on how to join my trading.

Please send the email again, I am trying to contact you, but it's saying invalid email