LAGFX Forex Learning Lounge

2023-02-23 21:24:28 GBP/USD 15M Update - How we getting on people, thought I would update you all on this trade before I call it for the night. As you can see this trade is continuing to put in that bearishness.

We are seeing the production of lower highs and lower lows, by price doing this it is building more Supply, making the Supply & Demand balance stronger to Supply. As mentioned previously I am confident in seeing a TP Hit by the end of this week or the start of next.

This trade is currently running + 130 pips. (+ 17%) 8.6RR

We have caught some crazy profits on this trade so far, to put it in prospective this trade so far could have made you £170 for every £1,000 you have in your account!

If you are yet to take partials or move SL to entry I would recommened doing so now to take home some profits and be rid of any risk. Well done to all involved! @LukeGFX Open / Comment

2023-02-23 13:43:08 GBP/USD 30M Update - Morning guys I hope you are all okay, just thought I would provide you all with an update on the progress of this pair, as you can see overnight price has continued to put in this bearish leg.

I am confident in saying our TP set is more than achievable and should be hit within the coming days, ensure you are attending to your trade accordingly.

This trade is currently running + 110 pips. (+ 14.6%) 7.3RR

I have gone ahead and taken another partial this morning on this market, I will attatch my profit sheets to the comments of this post with my running trade as well.

Ensure you are taking partials and look to trail your SL. If you have any questions or need anything message me or comment below, well done to those still riding this market lower! @LukeGFX Open / Comment

2023-02-22 23:09:56 GBP/USD 30M - Final update for you lot before I call it for the night, as you can see price has continued to put in clear bearish structure on both the lower and higher timeframes.

Price is repeadadly breaking the lows and protecting the highs, we have also seen price break a higher TF low on the bullish structure that took us into the Supply zone, this confirms further bearishness.

This trade is currently running + 90 pips. (+ 12%) 6RR

If you are yet to take a partial I would recommened you all do so now this way we are taking home some profits before the end of todays NY session. Also look to move SL to Entry, making this trade risk FREE.

Well done to all of you who managed to jump onboard of this trade, as always any questions drop me a message or comment below and I will get back to you ASAP! @LukeGFX Open / Comment

2023-02-22 19:37:37 Open / Comment

2023-02-22 11:56:16 Open / Comment

2023-02-21 20:18:07 GBP/USD 1M Update - How we getting on people, back with another update for you all on this running trade. As you can see price is starting to play out really well and has not been too effected by the sell to buy candle that is recently tapped into.

I have gone ahead and done this because we have a fractal structural high set below our entry which is great, this could and will act as protection from price trailing back up into our entry.

This trade is currently running + 20 pips. (+ 2.6%) 1.3RR

If you are wanting to apply further safety to your position as mentioned earlier you could move SL to Entry, making the trade risk FREE.

Well done to everyone who got involved in this position today, any questions regarding the analysis message me or comment below! @LukeGFX Open / Comment

2023-02-21 19:07:36 Dow drops 500 pts amid monetary policy fears
The Dow Jones Industrial Average index dropped over 500 points on Tuesday as the latest economic data reports sparked concerns that the Federal Reserve will not pause or move away from the interest rate hiking process in the near future. Traders also examined the earnings figures by Walmart and the Home Depot.

The Dow Jones was down 1.45% or 490 points, the Nasdaq 100 lost 1.58% and the S&P 500 fell by 1.35% at 10:22 am ET.

The euro was 0.21% lower than the dollar, going for 1.06630 at the same time. Open / Comment

2023-02-21 17:00:32 GBP/JPY 15M Update - How we getting on folks, I thought I would provide you all with some more analysis on this pair and update you all with how my previous analysis has played out.

As you can see price has gone on to trade us higher and take us well above TP1, I am epxecting price to continue in this bullish momentum and trade us right up into our higher TF supply zone.

The trade above markets where you could have entered fromt the last piece of analysis as well as the placement of your SL etc.

This trade is running + 260 pips. (+ 20%) 10RR

Now with this potential trade here no specific entry was given as I dont always provide them but as you will see prior analysis was provided suggesting a clear direction and points to work with!

A big well done to anyone who managed to jump on a long (BUY) position on this pair this week and last, you should be up nicely! @LukeGFX Open / Comment

2023-02-21 17:00:00 GBP/JPY 15M - Late last night we had the penetration of the second Supply zone I have highlighted on this market, we have since seen price put in clear signs of bullishness which is great. We are however yet to see structure break to the upside on the higher TF's.

Once we are delivered with that we can loom to buy into this market, you will notice I have highlighted a fractal demand zone that price has reacted from perfectly and looks to have set a low at.

From here we want to see the continuation of higher highs and higher lows, in doing so we will be presented with a break of structure where we can then look to find areas of demand that price will pullback into.

This is again where our entry will come from, allowing us to get in on a refined entry. If you have ant questions regarding my analysis today, drop me a message or comment below! Open / Comment

2023-02-21 16:15:36 Mentorship Program & Hourly Sessions

Taking 4 people on for the 6 month Syllabus Mentorship Program as of March 13th, if you are interested or want more information please drop me a message!

Spaces for this go very quickly so drop me a message asap to get involved. If you do miss your spot, we can look at booking you in, in six months time.

We will also be doing hourly sessions as well to those who may just need an hour or two to cover a subject, again message me for details. @LukeGFX Open / Comment