Category: Trading process

EUR/USD trading talks October 26 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… Continue reading EUR/USD analysis of the local 4-hours chart situation

EUR/USD trading talks July 06 Euro US Dollar 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.… Continue reading EUR/USD is trying to break below 1.08400 level

EUR/USD trading talks June 22 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… Continue reading Euro Dollar ready for further decline

GBP/JPY trading talks May 25 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… Continue reading GBP/JPY reaches the 172.80 resistance

Trading analysis of recent trades GBP/JPY and USD/JPY 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… Continue reading USD/JPY and GBP/JPY trades analysis

EUR/USD trading talks March 23 This week the LUX trading will start later as the situation with the EUR/USD has changed and I had to reject the head and shoulders option and rebuild the trading plan. For now, I see that the 1.05300 level, where the EMA100 and EMA 200 lines were placed on the… Continue reading New option for EUR/USD is open

EUR/USD trading talks December 19 Euro Dollar continues to move according to the trend, and the scenario of breaking through the 1.0600 level and exiting the triangular correction was justified. The upside move in the current trend continues despite an extended divergence from the MACD on the 4-hour chart. There is also a clear divergence… Continue reading Euro Dollar continues to move according to the trend

EUR/USD trading talks November 29 Last time we discussed that the Euro/Dollar could fall within the current uptrend on the four-hour chart, and I also suggested that a correction might be forming.At this stage, the correction really forms a triangular area, within which fluctuations occur. Moreover, this pattern can be expanded to a rectangular area… Continue reading Euro Dollar is forming a correction

EUR/USD trading talks November 11 Continuing the chain of posts about the Euro Dollar. If you read the title of the previous post: “EUR/USD will try to continue rising after a short-term correction” then this would already be enough to use in trading. Fed and ECB, do you follow my blog? The pair fell to… Continue reading Euro Dollar may start a correction before the next impulse

September 2022 monthly investments statement 11 new investors joined the LUX PAMM account during the previous trading period (September 15 – September 29). For 2 weeks, 12 deposits were made in the amount of $89,445.Also, 7 investors made a profit withdrawal in the amount of $55,111.83 For the month period statement: New investors: 16 Total… Continue reading Monthly investments statement (09/22)