Discusión LUX

@MarcellusLux I've noticed that you often trade currency pairs involving the JPY, but it seems like you rarely provide detailed analytics for those trades. Can you share your thoughts on why that is?

AnnMeer posted:
@MarcellusLux I've noticed that you often trade currency pairs involving the JPY, but it seems like you rarely provide detailed analytics for those trades. Can you share your thoughts on why that is?

GBP/JPY is once again reaching the resistance of 172.800 and in my opinion does not have strong priorities for further growth for a while. The current area of resistance puts strong pressure on the market and during May this level was not passed. I will consider this level as a marker and further growth can be considered only after it is broken. However, in the long term (weekly and monthly) MACD and EMA point to buy.
On the short term charts, I see a MACD divergence that formed during a horizontal move along resistance, with a slight bullish incline.
In order to consider further downside, I would take a close look at the hourly chart which indicates MACD sell but the EMAs are still below the price level which provides some support and a fall could be considered if the EMA 100 marker level is passed on the hourly chart (now at 172.015) and further breaking through the EMA 200 line with the prospect of falling to 171.250 (still within the current horizontal trend).
Summing up, I would clarify that the short term hints at a fall following the divergence and the impact of the 172.800 resistance, but the long term, where the monthly chart shows a preliminary MACD buy signal, can still return to a continuous increase, which can be strong enough to reach 175.000.

I’m tryng to contact you by email, but server email not respond. How i can contact you? Thanks

EUR/USD after almost a month, since the beginning of May, reached the level of 1.07000 after falling from the top of 1.10900. In the previous Euro Dollar forecast I considered the fall option, which has been implemented. I do not pretend to be an accurate forecast this time, as it was short-term, but nevertheless correct, despite the fact that the fall turned out to be even lower than I expected.
At the moment, the price has reached the EMA 200 influence area on the daily chart and this will probably be too strong support to overcome it within the current trend channel. It is likely to be corrected after a short-term rise. This rise is confirmed by MACD signals on the 4-hour chart. MACD divergence indicates further growth, as well as the position of the signal line. The resistances that will influence the possible correction are the EMA 100 levels on the hourly chart (1.07400) and the EMA 200 level on the hourly chart, which coincides with the EMA 100 on the daily chart. There will probably still be an attempt to break through these levels and exit the downtrend, but at the same time, the long-term prospect of further decline will remain.
The EMA 200 marker level on the daily chart is at 1.06850 and I will consider it during trading, as well as the key level 1.06750, which is currently low for the current downtrend. Further movement along this trend may lead to falling to 1.05750 and further to key support 1.05300.

davideciarmi posted:
I’m tryng to contact you by email, but server email not respond. How i can contact you? Thanks

Hello, please try again with email [email protected]
Thanks

@MarcellusLux I want to express my gratitude. Your trading skills and guidance have been a great source of motivation for me. You inspire me to become a better trader through your trades and advice. Thank you!

OMata posted:
@MarcellusLux I want to express my gratitude. Your trading skills and guidance have been a great source of motivation for me. You inspire me to become a better trader through your trades and advice. Thank you!

Thank you. I am also motivated by the fact that there is much to discuss on this thread, and my trading is motivated by the constant interest of investors and the excellent performance of the LUX trading system.

MarcellusLux posted:

AnnMeer posted:
@MarcellusLux I've noticed that you often trade currency pairs involving the JPY, but it seems like you rarely provide detailed analytics for those trades. Can you share your thoughts on why that is?

GBP/JPY is once again reaching the resistance of 172.800 and in my opinion does not have strong priorities for further growth for a while. The current area of resistance puts strong pressure on the market and during May this level was not passed. I will consider this level as a marker and further growth can be considered only after it is broken. However, in the long term (weekly and monthly) MACD and EMA point to buy.
On the short term charts, I see a MACD divergence that formed during a horizontal move along resistance, with a slight bullish incline.
In order to consider further downside, I would take a close look at the hourly chart which indicates MACD sell but the EMAs are still below the price level which provides some support and a fall could be considered if the EMA 100 marker level is passed on the hourly chart (now at 172.015) and further breaking through the EMA 200 line with the prospect of falling to 171.250 (still within the current horizontal trend).
Summing up, I would clarify that the short term hints at a fall following the divergence and the impact of the 172.800 resistance, but the long term, where the monthly chart shows a preliminary MACD buy signal, can still return to a continuous increase, which can be strong enough to reach 175.000.

Thanks for sharing, @MarcellusLux! Your analysis on GBP/JPY is really helpful. Keep up the great work!

@MarcellusLux Nice work. Thanks for the motivation. Your advice and trading inspires me to trade better.

MarioSerg posted:
@MarcellusLux Nice work. Thanks for the motivation. Your advice and trading inspires me to trade better.

Thank you
I am also inspired by the fact that there is much to discuss on this thread, and my trading is motivated by the constant interest of investors and the excellent performance of the LUX trading system.

MarcellusLux posted:

Michel_Dubois posted:

DenverRRR posted:
WHAT? Can you name at least one EA that can independently set up to market changes and error corrections?? I cant.

I do not know the advisor which could so. But LUX trading system is excellent. And if this trading system could be implemented as an adviser, I would not hesitate to buy it. In the meantime, I'm thinking about to cooperate with Marcellus.

I don’t know what you are hinting at, but just simple reminder, if you wish to make an investment in the development of LUX, contact me here [email protected]

I think about it and would like to text in PM. I have a few questions about perspective of cooperation.

Michel_Dubois posted:
I think about it and would like to text in PM. I have a few questions about perspective of cooperation.

I will be glad to communicate, let's be in touch

@MarcellusLux Good job this week!

Careful with this.
Google TonyWin or AnthonyWins.
His strategy looks exactly like this.

ChaKie posted:
@MarcellusLux Good job this week!

Thank you

EUR/USD once again reached 1.10350, which is a key resistance and may be a key level for the formation of a Head and Shoulders pattern. In case of considering the weekly chart as a basis for medium-term analysis, the price reaches the EMA of 200 and does not dare to break through, preparing for a next fall. Support in this case will be the level of 1.09000 and EMA 100 on the weekly chart, which is now at the level of 1.08400.
It is very clear and interesting that the MACD on the weekly chart shows the possibility of falling, as the signal line is crossed and attempts to return above were stopped by the EMA 200 level. This fact makes 1.10700 a very important key level, which will be the primary and basic signal for further growth, in case of breaking higher.
On the four-hour chart, MACD confirms the possibility of further decline, as it forms a divergence, as well as a possible beginning of the line crossing, which is the primary sell signal.

I will consider the probability of falling as high, especially if 1.0900 is broken and the move continues. However, in order to limit possible risks, I advise you to look at the possibility of a temporary horizontal correction with a subsequent break above 1.10700 and 1.11000

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.

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

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.