LAGFX Forex Learning Lounge

2023-02-28 12:50:33 LIFETIME ACCESS TO BOTH VIP CHATS

Morning folks, just thought I would explain the two different VIP subscriptions that can be purchased on the site that will give you lifetime access to both chats!

- The first is the £250 LIFETIME access, this is for those who are already trading with another Broker or maybe funded and can’t change brokers. This will grant you lifetime access to both VIP Chats.

- The second is the £50 LIFETIME access, this is for those who can change brokers and decide to work with our partnered brokers AxiTrader, by trading with our preferred broker we can allow cheaper entry fees to both chats.

If you are yet to get involved in the VIP chats and want to get involved, drop me a message and I’ll be more than happy to answer any questions you may have! @LukeGFX Open / Comment

2023-02-28 12:14:02 EUR/USD 15M Update - Morning people, I just thought I would produce you all with a quick update on this trade we have running this morning.

As you can see price put in a corrective wave last night taking us back down into the market, this has gone and produced us with a protected low which is great for our trade.

This trade is currently running + 73 pips. (+ 14.6%) 7.3%

With us having a protected low above our entry it offers us with some protection from our entry being hit as in theory price shouldnt come back down to break the low.

Well done to all involved, if you need any help with your partial closes or SL moves let me know and I will advise where I can. Any other questions regarding the analysis or trade drop me a message! @LukeGFX Open / Comment

2023-02-27 18:23:17 Open / Comment

2023-02-27 16:54:36 EUR/USD 15M Update - As we can see price has started to show a good amount of volume to the upside, this is exactly what we wanted to see as this confirms enough demand has been introduced.

Please remember to apply good risk management to all positions and ensure you are taking partials throughout.

This trade is currently running + 30 pips. (+ 6%) 3RR

Well done to everyone who managed to get onboard of this trade and has sat patiently for price to take this leg higher, as previously mentioned we new price would increase in volume come the NY open.

If you have any questions regarding the analysis or the trade itself, please do not hesitate in dropping me a message or commenting below! @LukeGFX Open / Comment

2023-02-26 21:25:59 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

2023-02-26 16:32:07 LAGFX FUNDAMENTAL REPORT WEEK COMMENCING 26/02/23

Hey everyone, hope you have all had an amazing weekend so far!

Once again, we bring you the LAGFX Fundamental Report to educate you all on the economic news that will be released in this coming trading week.

We should know that this news has the capacity to introduce either financial confidence or financial worry into a market.

As a result, we can experience heavy market volatility as investors pump into or pull away from a currency.

Have any questions? Feel free to message me @LukeGFX Open / Comment

2023-02-25 22:47:10 EUR/USD 4H - Looking at this pair we can see how price as of current looks to be putting in a lower timeframe correction in preparation of taking its next leg higher. With that being said we can look to potentially buy into this market from one of two Demand zones that I have highlighted out for you all.

We predicted the initial break of structure to the upside on this market a few weeks/months ago but price failed to tap into the first Demand zone that we had highlighted meaning we missed our opportunity to get involved in those buy positions initially.

Now we are given a second chance and it looks as though price could tap into either or. As always we will want to see price penetrate into one of these zones and deliver us with good signs of rejection to the upside, from there we can expect price to break structure fractally confirming the end of the correction and the start of the next leg higher.

Our entry will come from the pullback that follows after the initial break of structure. Open / Comment

2023-02-24 16:59:41 Dow sinks 350 pts after personal spending report
Major stock markets in the United States extended losses on Friday following the release of the latest report on consumer spending which showed that the figure rose by 1.8% in January compared to the previous month.

The Dow Jones sank 1.09% or 360 points at 8:38 am ET, as the Nasdaq 100 lost 1.71% and the S&P 500 dropped 1.30% at the same time.

The euro traded 0.51% lower against the dollar to sell for 1.05497 at 8:39 am ET. Open / Comment

2023-02-24 16:58:13 GBP/USD 15M Final Update - How we getting on people, I hope you are all okay, as we come to the end of this trading week I have decided to take a full close here on my position to bank profits before the close.

This trade continued to play out perfectly for us last night and has provided us with greater returns to close this morning. I feel closing our trade here is our safest bet.

This trade Ran & took profit for + 178 pips. (+ 23%) 11.8RR

If you are yet to take a close on this position now would be a good place to do so as price is coming towards a level of Demand.

A huge well done to all the VIP clients that got involved in this trade and those in the Learning Lounge GC. If you have any questions regarding this trade drop me a message or coment below! @LukeGFX Open / Comment

2023-02-24 15:09:23 Open / Comment