MarcellusLux's Posts - Page 5

Profit / loss analysis and trading talks in General Dec 25, 2023 at 09:05

Thanks. This thread is also my way of showing that trades analysis is as important as risk management and other trading stages.

Profit / loss analysis and trading talks in General Dec 25, 2023 at 09:01

Thanks, I will be glad to see your participation in discussions.

Profit / loss analysis and trading talks in General Dec 24, 2023 at 23:08

EUR/JPYThe second trade worth discussing is EUR/JPY, the closure of which brought a profit of 153.5 points. The opening of the trade was in accordance with the downward trend after a slight corrective growth. I saw the probability of the narrowing channel formation, but decided not to wait for the market to determine, since the opening of the correction would still be downward. The further fall confirmation was the intersection of the EMA levels 100 and 200 on the four-hour chart, as well as the fairly confident MACD transition to the negative values zone and the signal line position. The 30-...

Profit / loss analysis and trading talks in General Dec 24, 2023 at 23:07

EUR/USDThe trading analysis for today will consist of two parts (profit and loss). And I’ll start with a trade that was closed by stop loss on Wednesday EUR/USD with the drawdown of 1.26%.My analysis and subsequent expectations were based on the fact that I saw a high probability of reaching the 1.10000 double top level in the coming hours and accordingly focused on short-term profits. It is important to note that this conclusion came true for now. When I entered the market, I understood the risk associated with the likely formation of a correction in a narrowing channel and therefore se...

Profit / loss analysis and trading talks in General Dec 24, 2023 at 07:12

This is the topic for "Trading talks" about your trades, analysis and strategies discussions but focused on analyzing profitable and losing trades, searching for errors and successful actions. I believe this approach will improve the quality and consistency of trading. Here you can share your experience and discover different approaches to trading.

Profit / loss analysis and trading talks in General Dec 22, 2023 at 12:19

Please remember that mutual respect is important. All participants who do not adhere to it will be prohibited.

LUX in Trading Systems Dec 04, 2023 at 10:51

I use an algorithm to calculate probabilities adjusted according to news analysis. But even after calculating the probability of a false breakout or rollback on news releases, the problem is to properly set up risk management. At the moment, I have managed to develop a stable system for working with stop losses and I am working to make earnings in a volatile market more stable. But I can admit that such trading is not the basis for my income. If I see an increased probability of losses, most likely I will just take a break from trading.

LUX in Trading Systems Dec 04, 2023 at 10:37

LUX performs quite well during volatile movements, since it is based on working with probable movement options. At the moment, the disadvantage that I am working on is false breakouts and instant pullbacks. These are quite complex trading moments that are difficult to track and predict. But at the moment, I know how to protect the system from losses during high volatility and watching the trading results this year, my ideas are working.

LUX in Trading Systems Nov 16, 2023 at 10:08

The trading system can be scalable and, of course, with certain settings, can work with any volume of trades and balance. But setting up the system takes time and is not a simple process. The algorithms that I use to calculate risks and probabilities are very precise in setting and highly dependent on market conditions and account parameters.

LUX in Trading Systems Nov 06, 2023 at 12:00

I suppose today the market will start active moves as part of a short-term correction and further growth, so I will closely monitor market processes and if the trading conditions and the indicators of the algorithms are appropriate, then I will consider the opportunity to trade on the movements described.

LUX in Trading Systems Nov 06, 2023 at 11:58

The EUR/USD pair continues to grow. The resistance level of 1.07000 was very confidently broken with continued growth to 1.07500. The current resistance can be visualized as the EMA 100 and EMA 200 lines on the daily chart. Despite the fact that they have already been passed, for now I would not rule out a possible false breakout. This is evidenced by the weak MACD divergence on the hourly chart and the continued intersection of EMA 100 and EMA 200 in the direction of further decline. That is, I can conclude that in the short term a decline is possible under the influence of resistance levels ...

LUX in Trading Systems Nov 02, 2023 at 12:01

My analysis for the EUR/USD came true in the short term and the market really began to rise after passing through the EMA 100 on the four-hour chart at 1.05830. Having reached the level of 1.06375, a false breakout was attempted, which was a rather interesting moment that I closely monitored. And as you can see, two recent trades are profitable, maintaining the trend of stable profits for the 5th month in a row, after a fairly quiet May. I will publish the next analytics later.https://www.myfxbook.com/files/MarcellusLux/recent_trades_02_Nov_%28cne4JC%29_for.png

LUX in Trading Systems Nov 02, 2023 at 12:00

So, you was almost right about 1.70000 and I hope converted your thoughts into a real profit.

LUX in Trading Systems Oct 26, 2023 at 17:48

While the downward trend on the daily chart has finally broken through the support of the upward weekly trend, expanding its possible channel, I propose to consider a more local situation.The four-hour chart clearly shows a correction that has gone beyond the descending channel. The prospect of a return to the longer-term uptrend remains intact. However, if the marker support level of 1.05300 is broken, the probability of returning to the channel will increase and I will expect a fall to 1.05000 and possibly to 1.04500. The intersection of EMA lines on the daily chart is confirmation of a poss...

LUX in Trading Systems Oct 26, 2023 at 17:46

Thanks. I use the platform and services provided by the broker. I have an excellent long-term experience with them and I hope that it will only get stronger in the future. I suppose my volume would not be a problem since I have many colleagues and friends who trade much larger trades. Indeed, I noticed that the processing time has increased a little after the sharp increase in balance and volume over the past couple of months, but within acceptable conditions for my trading system.

LUX in Trading Systems Oct 26, 2023 at 16:40

answering @bdgong This is not on topic and you are blocked for distributing topics not related to my account. Contact me by email of else if you have any questions.

LUX in Trading Systems Sep 20, 2023 at 07:16

What about LUX?The LUX trading system showed absolutely outstanding profitability results in 2022. But this year I did some work on the mistakes and brought stability to the forefront. The result I got was a stable 10% per month instead of quite strong fluctuations. For example, I have attached graphs of monthly profitability for 2022 and 2023. Compare how much more confident a stable result looks compared to fluctuations. https://www.myfxbook.com/files/MarcellusLux/1r_TS.jpg

LUX in Trading Systems Sep 07, 2023 at 09:34

The EUR/USD is reaching the historical key level of 1.06375, which may stop the current decline and become a turning point for a short-term correction. Also, I would like to mention the marker support at 1.07000, which currently has an impact on the market and if the price level falls below it, then a further fall to 1.06375 will be highly likely.The euro dollar finally broke out of the uptrend, breaking through its support after a short-term rise to 1.09445. The MACD on the daily chart makes it clear that further decline will continue despite the RSI being close to oversold. This and the form...

LUX in Trading Systems Aug 25, 2023 at 15:51

EUR/USD has finally come to an interesting moment on the border of an uptrend. Strong support still keeps the price inside the channel, but I propose to analyze the situation in more detail.The EMA lines were crossed on the Weekly, Daily, 4-Hour and Hourly charts, which is a strong argument for a break in the trend and a further fall. Also, the MACD on the Weekly chart shows that the current trend is forming with a divergence, which also confirms the option of the price drop below the trend channel. Historical key level 1.06850 will be the most likely level that the price can approach in case ...

LUX in Trading Systems Aug 14, 2023 at 17:29

EUR/USD and EUR/JPY trades are closed at the take profit level. Fairly fast trading on the correction after the fall. Euro Dollar touched the EMA 100 line on the daily chart and formed a slight divergence on the 4-hour chart. If the EMA 100 at 1.09050 is crossed, then a further fall will have a high probability to the level of the EMA 200 on the daily chart 1.08000. But at the moment, the Euro Dollar has begun a correction movement and the probability of the uptrend continuing also remains. https://www.myfxbook.com/files/MarcellusLux/Eur_trading_Aug_14_%28ud32po%29.png

EURUSD	1.05299	GBPUSD	1.26077	AUDUSD	0.64591
USDJPY	154.317	USDCAD	1.40863	USDCHF	0.88709

Posts by MarcellusLux