Lukegforex

Lukegforex

GBP/USD 1H - Price has recently traded us lower to correct itself, pick up more Demand before taking a move higher. I have gone ahead and marked out the area in which price trade down and into. With price breaking structure fractally on the 15M timeframes, we could look to add to our positions as this gives us enough confluence to suggest that price is now ready...

Lukegforex

GBP/JPY 1H - With this market we have seen price break structure to the upside after price traded down and into the area of interest we have marked out below, this tells us enough Demand has been introduced. Enough Demand has been introduced to flip the S&D balance in doing so it gives price a new direction to trade in. Since we have seen price do this we have...

Lukegforex

GBP/USD 1H - Morning people, I hope you are all okay. As you can see price has played out again very well during the Asian session. I believe we will see our TP achieved by the end of todays NY. With price setting new highs and lows above our entry I believe we safe to move our SL to breakeven to avoid taking any losses from this position. A reversal here would...

Lukegforex

EUR/USD 4H - As you can see above I have gone ahead and marked out a level of Demand for you all. I want to see price trade down and into this and offer us with the confirmation we need to long this market. After price corrects itself, trading us into this zone confirmation of a new impulse to the upside will come via a fractal break in structure, so we are...

Lukegforex

GBP/USD 15M - How we getting on people I hope you are all okay, as you can see price has played out very well for us overnight and we are seeing price really take off. I have gone ahead and taken another partial here just to bank some profits from the trade which as a result removes risk from the market as well. This trade is currently running + 100 pips. (+...

Lukegforex

GBP/USD 15M - Wow, as you can see price is playing out really well for us, as it approaches the last high its important that we manage our trade accordingly, I have gone ahead and taken a partial. I want to see price break the last high, once it does it will confirm that the low set where we have entered in on this market is seen as protected which as a result...

Lukegforex

GBP/USD 15M - As you can see price has traded down and into the Demand Zone we have marked out above, this is after price has cleared and absorbed a level of Supply in the market. This tells me that there is more Demand in the market than there is Supply and price is still showing clear signs of bullish structure with it not breaking any protected lows. This...

Lukegforex

GBP/JPY 1D - Now price has traded into a large area of Demand I am expecting a reversal in this market, as we know this market is predominantly bullish anyway with the JPY being quite a weak currency compared to the GBP. I want to see price break structure to the upside more fractally, giving us the confluence to suggest that enough Demand has been introduced to...

Lukegforex

GBP/USD 1H - As you can see I have gone ahead and marked out some areas of interest I would like to see price come and clear before a further down move. Once price trades us up and into one of two areas we can begin looking to go short. It is important we are patient and allow price to play out as we want and need it to before we look to take part, allowing price...

Lukegforex

EUR/USD 15M - As you can see price has recently traded beneath the low that was set before the highest high traded into the Supply Zone above, this would be considered a fractal break in structure. Now in order for us to look to get involved in this market we need to see price trade back up to set its initial high acting as an area of interest for us to enter in...

Lukegforex

NASDAQ 1W - As you can see above this is my higher timeframe outlook on this pair, I want to see price correct itself now trading us up and into the area of Supply I have marked out above. In doing so we ought to see strength in the USD. This will only be temporary just to clear any remaining orders that may be left before we can have a larger move to the...

Lukegforex

GBP/USD 1H - Now that we have seen price trade us up and into the Supply Zone above, this may encourage price to take a move back to the downside, given enough Supply has been introduced. I would like to see price now trade us back up and into the Order Block that has been left behind, just to clear any remaining orders to the upside before the down move. In...

Lukegforex

EUR/USD 15M - As you can see price has played out perfectly, taking the market higher. This was expected and I am expecting this structure to continue longer term. We can expect price to pullback first. With price now setting a higher timeframe high a pullback is expected as it follows the laws of bullish structure, setting higher highs and higher lows in the...

Lukegforex

GBP/USD 1H - This is another pair I have been looking at that is holding some good potential. This market has been bullish for some time on the higher timeframes. We saw that price was breaking lows and respecting areas of Supply within this ranging market, however we have now seen that these characteristics have reversed and price is actually starting to...

Lukegforex

GBP/JPY 15M - Morning people, I thought I would bring you some analysis for this pair, I am wanting to see bullishness longer term with this pair. As we know the prevailing trend is a bullish one. The JPY is seen as one of the weaker currencies and the GBP is seen as one of the major currencies in the world. That aside we are seeing price respect areas of Demand...

Lukegforex

EUR/USD 15M - As you can see this second trade has taken off and is performing really well for us, allowing us to bank more profits from this market. I am expecting a TP hit by the end of the day. With us adding to our original trade it is important we are partialing and applying safety measures with our trades to make the most from them whilst keeping our risk...

Lukegforex

EUR/USD 15M - As you can see I have gone ahead and added to my original position here on this pair as price has traded into the area of interest I marked out for you all yesterday and reacted well. I am now wanting to see price hold this low set and go on to create a new higher high, using this low to do that. This as a result would confirm that our original...

Lukegforex

EUR/USD 30 - As you can see price is playing out relatively well up to now, providing us with the structure we want and expected after the penetration of the Demand Zone below. I am expecting a continuation higher now but not without a slight pullback, you can see above I have drawn out a path I believe price will take, trading us down and into the fractal...