LAGFX Forex Learning Lounge

2023-02-13 00:14:00 GBP/JPY 4H - As we can see price is within a corrective phase on this market currently on the higher timeframe structure, why? Well because this market is actually bearish longer term and price is currently trading us higher.

After setting a higher TF structural low, the one I have highlighted price has gone on to slow down in terms of bullishness and looks though it could break structure to the upside, this will allow us to start looking to buy into this market before we take part in longer term sells.

What we want to see is the production on further bullishness and for previous highs set to be broken, this will confirm the strength in demand and will encourage the likes of us and other retail traders to take part in the current trend.

I will be looking to close those positions in and around my Supply zone highlighted above as I feel that enough Supply will be introduced to flip this Supply and Demand balance. This in theory should encourage and start the new higher timeframe impulsive wave lower. Open / Comment

2023-02-11 00:11:50 GBP/JPY CASE STUDY ON YOUTUBE

Hey folks! We have a new video up on the YouTube channel, be sure to go check it out. This one is going to be very valuable to you all as Luke goes over some important areas to potential look to trade from.

This video was done in hopes to help you all find zones and areas to work with and potentially profit from but also showcase how he goes about analysing the markets.

If you have any questions regarding the analysis or the video as a whole, drop a comment below of the video of this message and we will get back to you asap!
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Open / Comment

2023-02-10 00:02:56 Dow drops 250 pts at close as negative sentiment prevails
Major stock exchanges in the United States extended the losses at the close on Thursday, as the worries over the future monetary course in the country finally prevailed over the positive sentiment induced by the earnings reports that have been flowing in the last couple of weeks.

The Dow Jones lost 0.73% or 248 points at the closing bell, while the Nasdaq 100 tumbled 0.91% or 114 points. Concurrently, the S&P 500 declined by 0.88%.

The euro traded 0.20% higher against the dollar at 3:56 pm ET, selling for 1.07342. Open / Comment

2023-02-08 02:03:55 LAGFX Live Session #14

Hey everyone, this is the live session that we hosted last night over on our YouTube. We wanted to send it through to you all to ensure you all get a chance to look through and see how @JamesLAGFX tackles the Forex markets.

Ensure you are subscribed to our channel with notifications enabled to be notified when we next go live.

The live sessions are a great opportunity for you to speak to the team in a 1-on-1 environment where you can ask any questions! Open / Comment

2023-02-06 22:00:20 LAGFX is Now LIVE

Hey everyone, @JamesLAGFX is now live over on the YouTube channel. Feel free to come check it out and see how he analyses the Forex markets.

Make sure to say hello and ask any questions you would like, a nice relaxed stream for you all today.
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Open / Comment

2023-02-06 18:33:51 AUD/USD 30M - Because we have done a full top down analysis on this market we understand both the longer term bias of this market as well as the shorter term.

So with that being said we can look to buy into this market and trade price into the fractal Supply zones where we would then close those orders and look to sell into the higher TF Demand zone, again from here we would be looking to buy from that Demand zone into the higher TF Supply Zone.

In order for us to have the right confirmation to enter in any and all positions we would need a BOS after the initial sweeps of these zones as that would confirm the end of the trend taking us into the zones and start of a new trend taking us in the opposite direction. Open / Comment

2023-02-06 14:46:11 EUR/USD Entire Top-Down Analysis

Hey everyone, this video will showcase my entire top-down analysis on the EUR/USD market.

I wanted to take a full, slower approach to this so that you can all see my approach to the markets and how I g about creating a bias and story for a market.

Please take as much information away from this as possible to learn how I analyse the Financial Markets and approach my trading on a weekly basis.
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Any questions? Feel free to leave a comment or message me @JamesLAGFX Open / Comment

2023-02-05 22:10:23 NEW SUNDAY SESSIONS VIDEO

If you haven’t done already go and check out the latest Sunday Sessions video, this is where the guys at LAGFX analyse the markets before the week starts.

This is a great video for those who want an insight into how we like to trade, whilst also gaining a good understanding on the markets we are looking to tackle in the coming week!

If you have any feedback or have any questions don’t hesitate to drop one of us a message or leave a comment below!
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Open / Comment

2023-02-03 19:54:47 GBP/JPY 4H - Price has played out exactly as predicted tapping into a Demand zone I highlighted out later last night when created a video for TikTok.

You can see that after price penetrated said zone we have since seen the deliverinace of bulishness, I am wanting to see this continue moving forward taking us into the higher TF Supply zone.

We can look to get involved in buy positions by looking at the fractal structure for valid demand zones, allowing us to get involved in refined entries. As always we would have our SL below the zone/area we find and our TP can be set just below the Supply zone we have marked out.
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https://www.tiktok.com/@lagfx/video/7195904054604614918 Open / Comment

2023-02-03 16:49:44 US nonfarm payrolls up 517,000 in January
Nonfarm employment in the United States increased by 517,000 in January, data released by the country's Bureau of Labor Statistics showed on Friday.

The unemployment rate stood at 3.4%, down 0.1 percentage points from the previous month. The labor force participation rate rose by 0.1 percentage points to 62.4%. The workforce grew the most in the leisure and hospitality sector, with 128,000 jobs gained. Professional and business services sector employment increased by 82,000, followed by the government sector which added 74,000 jobs.

Average hourly earnings for all employees on private nonfarm payrolls rose by $0.10 from December 2022 to reach $33.03 in January 2023, representing a year-on-year increase of 4.4%. Open / Comment