31 Dec 2021: NZDCAD (Short Trade)

 NZDCAD short trade

Pre-Analysis:-

Entry:-

- Last trade of 2021

- Lot Size: 0.83

- Risk: 1% ($ 98)

- Time of entry: 7:00pm

- TP: Trailing stop

Post Analysis:-

- Trade closed with profit

- Again profit still not at maximum, need to master how to close with max profit.

- Profit $ 204.60, (2.08R)

- A possible close to 4R profit ratio max.

- Still worried to let the position open through weekend.

29 Dec 2021: USDCAD (Long Trade)

 USDCAD long trade:-

Pre-Analysis:-

Entry:- 

- Lot Size: 0.53

- Risk: 1% ($ 99)

- Time of Entry: 8:00am

- TP: trailing stop

Post Analysis:-

- Trade closed with loss $ 37.24

- However I managed to reduce risk, instead of initial stop at $ 99

- But this trade can be manage better than this.

- After failing to break the resistance, I should consider to move the stop at break even.

- My FTMO account now sink to negative territory, a lot of work ahead with remaining 2 weeks plus trading day.

28 Dec 2021: USDJPY (Long Trade)

 USDJPY long trade.

Pre-Analysis:-

- This I believe smart money have absorb the supply, thus test on the supply may has chance of going higher.

Update:-

- First trade closed with loss

- Got entry for second time.

Entry:-

- Lot Size: 0.67

- Risk: 1% ($ 99)

- Time of entry: 9:00am (28/12/21)

- Target: Trailing stop

Update:-

- Second trade

 Lot Size: 0.81

- Risk: 1% ($ 99)

- Time of entry: 7:00pm (28/12/21)

- Target: Trailing stop

Post Analysis:-

- Trade ended loss $ 82.32 (first trade)

27 Dec 2021: AUDCAD (Short)

 AUDCAD short trade

Pre-Analysis:-

Entry:-

- Lot Size: 0.01

- Time of entry: 2:00pm

- Risk: 10pips (roughly about $1)

- Reason for minimum lot size is today still in holiday (Christmas) AUD, NZD, GBP, CAD bank close today.

- Position today just to get trading day for my FTMO challenge.

Post Analysis:-

- Closed position

24 Dec 2021: EURUSD (Long Trade)

 EURUSD long trade

Pre- Analysis:-

Entry:-

- Lot Size: 0.35

- Risk: 0.5% ($50)

- Time of Entry: 4:25pm (24/12/21)

- TP: Trailing stop

Post Analysis:-

Update:-

- Trade loss with $23.10

- I able to manage this trade so that risk has been reduced, initial stop set at loss with $50.

Update:- (26/12/21)

- Some afterthought on this pair

23 Dec 2021 (Trade Example): AUDJPY (Long Trade)

 Trade example on AUDJPY (long trade)

22 Dec 2021: USDCAD (Short)

 USDCAD short trade

Pre-Analysis:-

Entry:-

- Lot Size: 0.21

- Time of Entry: 3:16pm

Post Analysis:-

- Trade close with profit, $90.66

Update:-

- Here what is the better trade should be manage.

- It will give larger reward.

- Learn to take a trade like this.

21 Dec 2021: GBPJPY (Long Trade)

 GBPJPY long trade

Pre-Analysis:-

Hourly chart

Trend Alignment:-

Entry:-

5 minutes chart

- Further sign of strength appear in 5 min chart.

- Entry after successful test at (2)

Post Analysis:-

- Lot size only 0.11 and entry using 5 minutes chart.

- Using trailing stop so it hit the lock in profit level

- Only small amount of profit only

Update:-

- Here is the much better way to trade GBPJPY

- Using higher time frame hourly and follow the VSA principle.

- This will be my core fundamental of trading. I will trade around VSA principle using hourly chart and this will put me into swing trading style.

20 Dec 2021: EURAUD (Long Trade)

 EURAUD long trade on 20/12/21

Pre-Analysis:-

Hourly chart

Trend alignment to the upside (long trade) shown on the other 2 timeframe 30 minutes & 15 minutes.

Entry:-

- Decided to entry after got test and it success as shown on (1) indicator.

- Entry: 1.58774 (buy)

- Time of entry: 3:43pm

- Lot Size: 0.23

- Risk: 0.5% ($50)

- TP: Trailing profit

Post Analysis:-

- Trade closed with a loss of $50.02