MarcellusLux's Posts

Profit / loss analysis and trading talks in General 17 hours ago

Of course, with each new analysis I try to become better and grow, but after many years of practice, I realized that this sword can be sharpened endlessly.

Profit / loss analysis and trading talks in General 17 hours ago

Moreover, there is no perfect way to analyze the market. There is always the possibility of news releases, for example, that act as game changers on the market. In such situations, my task is to most profitably limit and control the possible risk.

Profit / loss analysis and trading talks in General 17 hours ago

Some aspects of trading analysis are mutually exclusive and their use depends on market conditions. If I made a mistake in assessing this condition, then this leads to losses.

Profit / loss analysis and trading talks in General Apr 22 at 09:13

I guess it's mostly individual. In order not to get tired and stay active longer during trading, I would advise you to pay attention to the factors that worry you and try to minimize them. Also, it depends on the trading process. If you trade clearly according to a plan and trading strategy, then your body does not waste energy on improvisations during trading, which will inevitably lead to losses.It is also worth remembering that we are all consciousness inside the physical body, so I always advise making the trading process as comfortable as possible. Don’t spare money on a quality...

LUX in Trading Systems Apr 22 at 08:48

Not every day but once every 14 days after each trading period restart. The reason is that my account is a PAMM account where many investors and partners joined, so their transactions are also visible.

Profit / loss analysis and trading talks in General Apr 18 at 15:18

HiJust published a trading talks about bitcoin on my website. The current Bitcoin fluctuations is part of a correction that has a horizontal channel between the key levels of 60K and 73K. At the same time, on the daily chart it is clear that the level of 60k is strengthened by the influence of EMA 100, but with some divergence and the prospect of MACD entering the zone of negative values.The weekly chart shows pure convergence and a preliminary increase in the probability of crossing the signal line as a sell signal. Thus, if the 60k level is broken below, then I will expect a likely further d...

Profit / loss analysis and trading talks in General Apr 18 at 11:54

There are always losses and reasons for related errors may be different. I created this thread in order to share mistakes, analyze and determine errors for further corrections.

Profit / loss analysis and trading talks in General Apr 15 at 14:53

There are four successful trades were closed on GBP/JPY during the growth and following correction on April 8-9. The MACD indicated further growth, while the EMA lines became far below the price level on short-term and long-term time frames. Moreover, the key resistance at 192.130 was not strong enough to stop further breakout and growth. I was counting on a more volatile rise to 193.500 and a sharp drop back to the level of the current price, but unfortunately, I had to trade fewer points and close buy trades earlier. After a successful long, I waited for the correction to begin and started ...

Profit / loss analysis and trading talks in General Apr 09 at 20:43

Trading update. It was a busy trading day and trading continues as you can see on my account page. Despite the fact that I planned to actively trade EUR/JPY, the movement there was not as active and clear as I would like and at the moment the goals have not been achieved. But on GBP/JPY I got enough opportunities to buy in time and exit the market at the top, and after the correction began, sell and further increase profitability. At the moment, the trades are under control and I expect the achievement of the set goals on EUR/JPY, as well as continued growth on NZD/USD after breaking through t...

Profit / loss analysis and trading talks in General Apr 09 at 01:23

The charts I post with profit/loss analysis is just visualization of trades I made, and a little bit technical indicators, there are no specific rules or theory. I just want other traders to understand my view and in my general case, when analysis is not published, I don't draw lines and arrows, etc. But if you mean the technical analysis, so yes this is provided according to the general theory of technical indicators and tools using and it's specification.

Profit / loss analysis and trading talks in General Apr 08 at 14:46

Long-term analysis of the EUR/JPY shows a clearly visible divergence, each new high of the current uptrend reaches lower values on the MACD. However on the monthly chart the clear convergence is formed and the key level of 170.00 (which was previously reached in 2008) is seen as a target for further growth.The distribution of indicators suggests that: - Before a new attempt to reach 170.00 within the current global trend, the correction is highly possible.- On lower time frames the market will test the current local maximum of 165.350- In case of 165.350 confidently broken, then the divergence...

LUX in Trading Systems Apr 04 at 23:08

Please contact me here [email protected] and let me know what you are interested in

Profit / loss analysis and trading talks in General Apr 04 at 23:03

Working with your psychology and tracking states is as important as doing market analysis, because every trader is part of the market and as soon as you begin to understand your psychology, you will be able to correctly assess the psychology of the market.

Profit / loss analysis and trading talks in General Apr 04 at 23:03

Trading process can be influenced by the psychological state and each trader may have different reasons for destabilization. But basically I would note the following factors:- fatigue from trading. Any trader knows that trading can be exhausting, which leads to the reducing of the mental resources. - hesitation. It may be the result of temper or a feeling of insecurity acquired during trading after the past losses. - over self-confidence. The situation is similar to hesitation but can be achieved through several, often random, profits. - greed and anger. This is one of the most common problems...

Profit / loss analysis and trading talks in General Apr 02 at 01:25

At the moment I am interested in the situation with EUR/USD, but I will consider a possible entry into the market after breaking through the level of 1.07200 and further confirmation below the support of 1.06870.

Profit / loss analysis and trading talks in General Apr 02 at 01:25

The idea is good and indeed on the short-term 30-minute chart I noted the MACD sell signal. At the same time, you correctly noted the importance of the level 1.08380. But if I traded, I would consider the prospect of movement more broadly. For example, in this situation, after testing the EMA 100 on the four-hour chart, the price actually began to fall until now and you could improve your analysis by also looking at the long term. The fall was confirmed by the MACD crossing the signal line on the four-hour chart after breaking through 1.08000 on Thursday.

Profit / loss analysis and trading talks in General Mar 22 at 12:01

You shouldn't overdo it, all in good time and advance expectations can only destroy your trading plan. Try to move on to searching and assessing possible scenarios and risks instead of false expectations.

Profit / loss analysis and trading talks in General Mar 20 at 11:04

Further, the algorithm or some stages can be repeated until the moment when I am sure that the trading system is ready for the next trading session.

Profit / loss analysis and trading talks in General Mar 20 at 11:03

I start with trading analysis according to the market state, this is what is published. Then I evaluate the trading effectiveness (also sometimes published). Now that I know what works well and what doesn't live up to expectations, I can adjust my strategy and trading plan. At the next stage, I compare the previously obtained data and analysis with the current one and try to find regularities and patterns of mistakes and successful solutions. After the market related analysis I move on to risk management and analyze information about risks during trading, whether my trades were safe and de...

Profit / loss analysis and trading talks in General Mar 15 at 12:14

The is broad question for one post, so I will answer in general. If you want to know something specific, please post your questions. After each trading session, I do a comprehensive analysis of closed trades. And according to a number of criteria, I decide what changes to make in the trading plan or trading system. That is, the result and conclusion after analysis can influence subsequent trades. The analysis that I am publishing is the initial stage: market analysis and preliminary assessment of effectiveness.

All Quotes
AUDUSD	0.64966	USDCHF	0.9148
EURJPY	166.144	EURCHF	0.97872
EURGBP	0.85845	GBPJPY	193.532
EURUSD	1.06973	GBPUSD	1.24608
USDJPY	155.31	USDCAD	1.3704

EURUSD	1.06973	GBPUSD	1.24608
USDJPY	155.31	USDCAD	1.3704

Posts by MarcellusLux