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Profit / loss analysis and trading talks
Členom od May 19, 2020
438 príspevkov
Apr 24 at 19:44
Členom od May 19, 2020
438 príspevkov
Some EUR/USD trading talks.
EUR/USD is trying to regain the level lost last week, starting a correction after falling to 1.06000. However, I see the possibility of the fall continuation and even an attempt to decline to 1.04500.
On the four-hour chart, the Euro Dollar is now trying to cross the EMA 100, which coincides with the key resistance level of 1.07000. Thus, the currency pair will face a strong obstacle to growth, which may lead to further decline. In addition to the EMA 100 level, on the four-hour chart I would highlight the EMA 200 level, which will be a marker for buying if nevertheless the market overcomes 1.07000 and has the power to grow further. But even in case of growth, the prospect of possible targets does not look attractive, because at the level of 1.08100 the currency pair will encounter additional resistance, which is also the level of the current daily EMA 100, 200. The next level will be located nearby, at 1.08800.
In my opinion, at the moment, it is more likely that the correction will end, it’s already exhausted, and will fall again to 1.06000. However, this may be the beginning of some correctional channel with several stages of fluctuations, but nevertheless, if 1.06000 is passed, then a fall to 1.04500 will be a logical continuation. If in the near future, after testing the four-hour EMA 100 at 1.07150, the price does not go higher, but begins to fall, then the MACD will confirm the prospect of a further fall deeper, moving into the negative zone.
EUR/USD is trying to regain the level lost last week, starting a correction after falling to 1.06000. However, I see the possibility of the fall continuation and even an attempt to decline to 1.04500.
On the four-hour chart, the Euro Dollar is now trying to cross the EMA 100, which coincides with the key resistance level of 1.07000. Thus, the currency pair will face a strong obstacle to growth, which may lead to further decline. In addition to the EMA 100 level, on the four-hour chart I would highlight the EMA 200 level, which will be a marker for buying if nevertheless the market overcomes 1.07000 and has the power to grow further. But even in case of growth, the prospect of possible targets does not look attractive, because at the level of 1.08100 the currency pair will encounter additional resistance, which is also the level of the current daily EMA 100, 200. The next level will be located nearby, at 1.08800.
In my opinion, at the moment, it is more likely that the correction will end, it’s already exhausted, and will fall again to 1.06000. However, this may be the beginning of some correctional channel with several stages of fluctuations, but nevertheless, if 1.06000 is passed, then a fall to 1.04500 will be a logical continuation. If in the near future, after testing the four-hour EMA 100 at 1.07150, the price does not go higher, but begins to fall, then the MACD will confirm the prospect of a further fall deeper, moving into the negative zone.
@Marcellus8610
Členom od Apr 08, 2024
46 príspevkov
Apr 25 at 06:54
Členom od Apr 08, 2024
46 príspevkov
I love your insights on EUR/USD trading! Your analysis is thorough and provides a clear picture of potential market movements. Keep up the great work; your expertise is truly valuable!
Členom od Sep 29, 2022
81 príspevkov
Apr 25 at 12:33
Členom od Sep 29, 2022
81 príspevkov
MarcellusLux posted:You say EMA 200 as a buy signal? That's if we clear the hurdle at 1.07000.
Some EUR/USD trading talks.
EUR/USD is trying to regain the level lost last week, starting a correction after falling to 1.06000. However, I see the possibility of the fall continuation and even an attempt to decline to 1.04500.
On the four-hour chart, the Euro Dollar is now trying to cross the EMA 100, which coincides with the key resistance level of 1.07000. Thus, the currency pair will face a strong obstacle to growth, which may lead to further decline. In addition to the EMA 100 level, on the four-hour chart I would highlight the EMA 200 level, which will be a marker for buying if nevertheless the market overcomes 1.07000 and has the power to grow further. But even in case of growth, the prospect of possible targets does not look attractive, because at the level of 1.08100 the currency pair will encounter additional resistance, which is also the level of the current daily EMA 100, 200. The next level will be located nearby, at 1.08800.
In my opinion, at the moment, it is more likely that the correction will end, it’s already exhausted, and will fall again to 1.06000. However, this may be the beginning of some correctional channel with several stages of fluctuations, but nevertheless, if 1.06000 is passed, then a fall to 1.04500 will be a logical continuation. If in the near future, after testing the four-hour EMA 100 at 1.07150, the price does not go higher, but begins to fall, then the MACD will confirm the prospect of a further fall deeper, moving into the negative zone.
https://www.myfxbook.com/files/MarcellusLux/EurUsd_trading_talks_April_24_%28ce07vr%29_lj.png
But the way I see it, the charts are whispering 'sell' more than 'buy' right now.
Členom od Sep 29, 2022
81 príspevkov
Apr 26 at 10:06
Členom od Sep 29, 2022
81 príspevkov
Made a short analyze of GBP/USD
GBP/USD bounced from 1.23000, showing buyers stepping in. The pair is testing the 1.26000 level; if it can hold above, we might see more rise. The key is if it can stay over the EMA 100 on the 4-hour chart. If it fails and falls below, the price could drop to 1.23000 again. Watch for a solid move beyond EMA 100 for a clear signal.
GBP/USD bounced from 1.23000, showing buyers stepping in. The pair is testing the 1.26000 level; if it can hold above, we might see more rise. The key is if it can stay over the EMA 100 on the 4-hour chart. If it fails and falls below, the price could drop to 1.23000 again. Watch for a solid move beyond EMA 100 for a clear signal.
Členom od Apr 04, 2023
10 príspevkov
Apr 29 at 09:28
Členom od Apr 04, 2023
10 príspevkov
Raven1209 posted:Now the pair is still consolidating in the same area and will not break through the resistance level. I expected that after the gap the market movement would be more clear.
Made a short analyze of GBP/USD
GBP/USD bounced from 1.23000, showing buyers stepping in. The pair is testing the 1.26000 level; if it can hold above, we might see more rise. The key is if it can stay over the EMA 100 on the 4-hour chart. If it fails and falls below, the price could drop to 1.23000 again. Watch for a solid move beyond EMA 100 for a clear signal.
Členom od Sep 02, 2022
65 príspevkov
Apr 30 at 12:28
Členom od Sep 02, 2022
65 príspevkov
khalidkhan82118 posted:I suppose it's more a mix of technical and fundamental analysis.MarcellusLux posted:Absolutely, It gonna sharpened endlessly. BTW is this thing called Fundamental analysis?
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.
Členom od Apr 08, 2024
46 príspevkov
Apr 30 at 14:27
Členom od Apr 08, 2024
46 príspevkov
lexusxxx posted:It's definitely a mix of both! I've been incorporating both technical and fundamental analysis into my approach, but sometimes the market surprises us. Do you find one analysis method tends to carry more weight in your trading decisions, or do you prefer to blend them together like I do?khalidkhan82118 posted:I suppose it's more a mix of technical and fundamental analysis.MarcellusLux posted:Absolutely, It gonna sharpened endlessly. BTW is this thing called Fundamental analysis?
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.
Členom od Dec 28, 2023
42 príspevkov
Apr 30 at 16:45
Členom od Dec 28, 2023
42 príspevkov
@MarcellusLux You say that you constantly manage to improve your system. How do you understand that it is getting better?
Členom od Dec 28, 2023
42 príspevkov
Apr 30 at 16:47
Členom od Dec 28, 2023
42 príspevkov
Raven1209 posted:Thanks, but how to do this?Gert12 posted:For high-volume strategies like scalping, consider using automated tools like MT. This can make it easier to evaluate performance without getting lost in the details.Raven1209 posted:Can you give advice on how to analyze a large number of transactions? For example scalping strategy?Michel_Dubois posted:In any case, you can evaluate the overall picture of trading efficiency.
Well I have other question. Is there any point in doing a trade analysis if you trade with a scalping robot? I just wondering about my trade.
Where there is one trade I already roughly understand. But when are there many of them? Which method will be more effective?
Členom od Sep 02, 2022
65 príspevkov
May 01 at 11:24
Členom od Sep 02, 2022
65 príspevkov
khalidkhan82118 posted:I trade advisors, and I buy them from time to time, because you are right, market conditions change and the same advisor that worked well before may no longer work so well.lexusxxx posted:It's definitely a mix of both! I've been incorporating both technical and fundamental analysis into my approach, but sometimes the market surprises us. Do you find one analysis method tends to carry more weight in your trading decisions, or do you prefer to blend them together like I do?khalidkhan82118 posted:I suppose it's more a mix of technical and fundamental analysis.MarcellusLux posted:Absolutely, It gonna sharpened endlessly. BTW is this thing called Fundamental analysis?
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.
Therefore, Idont make deep analysis, and fundamental analysis is not suitable for me, since I trade short periods. Nevertheless, I am interested in different methods of analysis in order to understand more. And I also noticed that it is very difficult to concentrate on only one type of market analysis. And what about you? Do you trade manually?
Členom od Apr 08, 2024
46 príspevkov
May 01 at 13:45
Členom od Apr 08, 2024
46 príspevkov
lexusxxx posted:I understand where you're coming from! Market conditions can shift quickly, making relying solely on one analysis method challenging. I also dabble in trading manually, but I've found that blending technical and fundamental analysis helps me navigate the fluctuations more effectively. It's all about finding the best for your trading style and adapting as needed. Exploring different analysis methods broadens your understanding of the market. It's an ever-evolving journey.khalidkhan82118 posted:I trade advisors, and I buy them from time to time, because you are right, market conditions change and the same advisor that worked well before may no longer work so well.lexusxxx posted:It's definitely a mix of both! I've been incorporating both technical and fundamental analysis into my approach, but sometimes the market surprises us. Do you find one analysis method tends to carry more weight in your trading decisions, or do you prefer to blend them together like I do?khalidkhan82118 posted:I suppose it's more a mix of technical and fundamental analysis.MarcellusLux posted:Absolutely, It gonna sharpened endlessly. BTW is this thing called Fundamental analysis?
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.
Therefore, Idont make deep analysis, and fundamental analysis is not suitable for me, since I trade short periods. Nevertheless, I am interested in different methods of analysis in order to understand more. And I also noticed that it is very difficult to concentrate on only one type of market analysis. And what about you? Do you trade manually?
Členom od Sep 02, 2022
65 príspevkov
May 02 at 11:45
Členom od Sep 02, 2022
65 príspevkov
khalidkhan82118 posted:So true, that's why I'm here as an observer and one who learns some useful tips from the experienced ones.lexusxxx posted:I understand where you're coming from! Market conditions can shift quickly, making relying solely on one analysis method challenging. I also dabble in trading manually, but I've found that blending technical and fundamental analysis helps me navigate the fluctuations more effectively. It's all about finding the best for your trading style and adapting as needed. Exploring different analysis methods broadens your understanding of the market. It's an ever-evolving journey.khalidkhan82118 posted:I trade advisors, and I buy them from time to time, because you are right, market conditions change and the same advisor that worked well before may no longer work so well.lexusxxx posted:It's definitely a mix of both! I've been incorporating both technical and fundamental analysis into my approach, but sometimes the market surprises us. Do you find one analysis method tends to carry more weight in your trading decisions, or do you prefer to blend them together like I do?khalidkhan82118 posted:I suppose it's more a mix of technical and fundamental analysis.MarcellusLux posted:Absolutely, It gonna sharpened endlessly. BTW is this thing called Fundamental analysis?
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.
Therefore, Idont make deep analysis, and fundamental analysis is not suitable for me, since I trade short periods. Nevertheless, I am interested in different methods of analysis in order to understand more. And I also noticed that it is very difficult to concentrate on only one type of market analysis. And what about you? Do you trade manually?
Členom od Dec 09, 2022
16 príspevkov
May 02 at 18:11
Členom od Dec 09, 2022
16 príspevkov
@MarcellusLux I've been watching your trading for a long time. I added you to my contacts, please confirm. I also wrote you an email. Thank you.
Členom od Apr 08, 2024
46 príspevkov
May 03 at 05:15
Členom od Apr 08, 2024
46 príspevkov
lexusxxx posted:Absolutely! Being an observer and learning from experienced traders is a fantastic approach. It's a dynamic space, and there's always something new to discover. Feel free to ask if you ever want to delve deeper into any aspect of trading or analysis!khalidkhan82118 posted:So true, that's why I'm here as an observer and one who learns some useful tips from the experienced ones.lexusxxx posted:I understand where you're coming from! Market conditions can shift quickly, making relying solely on one analysis method challenging. I also dabble in trading manually, but I've found that blending technical and fundamental analysis helps me navigate the fluctuations more effectively. It's all about finding the best for your trading style and adapting as needed. Exploring different analysis methods broadens your understanding of the market. It's an ever-evolving journey.khalidkhan82118 posted:I trade advisors, and I buy them from time to time, because you are right, market conditions change and the same advisor that worked well before may no longer work so well.lexusxxx posted:It's definitely a mix of both! I've been incorporating both technical and fundamental analysis into my approach, but sometimes the market surprises us. Do you find one analysis method tends to carry more weight in your trading decisions, or do you prefer to blend them together like I do?khalidkhan82118 posted:I suppose it's more a mix of technical and fundamental analysis.MarcellusLux posted:Absolutely, It gonna sharpened endlessly. BTW is this thing called Fundamental analysis?
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.
Therefore, Idont make deep analysis, and fundamental analysis is not suitable for me, since I trade short periods. Nevertheless, I am interested in different methods of analysis in order to understand more. And I also noticed that it is very difficult to concentrate on only one type of market analysis. And what about you? Do you trade manually?
Členom od May 19, 2020
438 príspevkov
May 06 at 07:21
Členom od May 19, 2020
438 príspevkov
Gert12 posted:The initial parameters that can be considered are system profitability and consistency. But at the moment, when the system already shows good results, I am trying to improve trading by searching for the best combination of trading quality and trading frequency. In some cases, I work on certain market situations and see the result of changes when the trading system begins to make a profit on those patterns where there were previously mistakes and losses.
@MarcellusLux You say that you constantly manage to improve your system. How do you understand that it is getting better?
@Marcellus8610
Členom od Dec 28, 2023
42 príspevkov
May 06 at 11:01
Členom od Dec 28, 2023
42 príspevkov
MarcellusLux posted:Okay, is there any chance to improve the working trading system, in which losses completely offset profits? Or is it easier to create again?Gert12 posted:The initial parameters that can be considered are system profitability and consistency. But at the moment, when the system already shows good results, I am trying to improve trading by searching for the best combination of trading quality and trading frequency. In some cases, I work on certain market situations and see the result of changes when the trading system begins to make a profit on those patterns where there were previously mistakes and losses.
@MarcellusLux You say that you constantly manage to improve your system. How do you understand that it is getting better?
Členom od Apr 04, 2023
10 príspevkov
May 06 at 17:31
Členom od Apr 04, 2023
10 príspevkov
MarcellusLux posted:I suppose your approach and, in particular, the analysis of profitable and losing trades is really very useful material. I began to understand a little about trades and analyze them. Perhaps later I will also share my success.Gert12 posted:The initial parameters that can be considered are system profitability and consistency. But at the moment, when the system already shows good results, I am trying to improve trading by searching for the best combination of trading quality and trading frequency. In some cases, I work on certain market situations and see the result of changes when the trading system begins to make a profit on those patterns where there were previously mistakes and losses.
@MarcellusLux You say that you constantly manage to improve your system. How do you understand that it is getting better?
Členom od Sep 02, 2022
65 príspevkov
May 07 at 14:11
Členom od Sep 02, 2022
65 príspevkov
khalidkhan82118 posted:Yeah thank you I'll keep it in mind. This is actually why we are all here.lexusxxx posted:Absolutely! Being an observer and learning from experienced traders is a fantastic approach. It's a dynamic space, and there's always something new to discover. Feel free to ask if you ever want to delve deeper into any aspect of trading or analysis!khalidkhan82118 posted:So true, that's why I'm here as an observer and one who learns some useful tips from the experienced ones.lexusxxx posted:I understand where you're coming from! Market conditions can shift quickly, making relying solely on one analysis method challenging. I also dabble in trading manually, but I've found that blending technical and fundamental analysis helps me navigate the fluctuations more effectively. It's all about finding the best for your trading style and adapting as needed. Exploring different analysis methods broadens your understanding of the market. It's an ever-evolving journey.khalidkhan82118 posted:I trade advisors, and I buy them from time to time, because you are right, market conditions change and the same advisor that worked well before may no longer work so well.lexusxxx posted:It's definitely a mix of both! I've been incorporating both technical and fundamental analysis into my approach, but sometimes the market surprises us. Do you find one analysis method tends to carry more weight in your trading decisions, or do you prefer to blend them together like I do?khalidkhan82118 posted:I suppose it's more a mix of technical and fundamental analysis.MarcellusLux posted:Absolutely, It gonna sharpened endlessly. BTW is this thing called Fundamental analysis?
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.
Therefore, Idont make deep analysis, and fundamental analysis is not suitable for me, since I trade short periods. Nevertheless, I am interested in different methods of analysis in order to understand more. And I also noticed that it is very difficult to concentrate on only one type of market analysis. And what about you? Do you trade manually?
Členom od Sep 29, 2022
81 príspevkov
May 08 at 11:16
Členom od Sep 29, 2022
81 príspevkov
Jumped into a short on EUR/USD at 1.07717, anticipating a downturn. With the market's recent behavior, I sensed a drop was imminent. Kept the position open for two days, holding firm in my conviction of a bearish outcome. My take profit was initially set at 1.07407, but I opted to close the trade manually at 1.07461. Although slightly off from my target, this maneuver still secured a profit of $5,120. This manual close allowed me to capitalize on the optimal moment, showcasing the importance of staying adaptable in the forex game. Next time, I might tweak the exit strategy a bit more to fully capture potential gains.
Členom od Sep 29, 2022
81 príspevkov
May 08 at 11:21
Členom od Sep 29, 2022
81 príspevkov
Gert12 posted:Its easy.Raven1209 posted:Thanks, but how to do this?Gert12 posted:For high-volume strategies like scalping, consider using automated tools like MT. This can make it easier to evaluate performance without getting lost in the details.Raven1209 posted:Can you give advice on how to analyze a large number of transactions? For example scalping strategy?Michel_Dubois posted:In any case, you can evaluate the overall picture of trading efficiency.
Well I have other question. Is there any point in doing a trade analysis if you trade with a scalping robot? I just wondering about my trade.
Where there is one trade I already roughly understand. But when are there many of them? Which method will be more effective?
In you MT trading history right click on any trade and ' Save as a Report' or 'save as detailed report'.
For scalping you also can firstly choose a period choosing 'Custom period'.
Hope it will help😐
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