29 Jun 2022

29 June 2022: CADJPY

 CADJPY long trade on 29/6/22

- Strength number CADJPY (+7, -5). This trade based on 4 hour chart



Post Analysis:-

- Trade end up with full loss (hit stop)





- However there was a second chance opportunity, but I didn't take it.
- I loss confident on that trade so I missed it.
- I am lack of preparation again for the possibility of second chance.
- Below are charts for second entry opportunity.















28 Jun 2022

28 June 2022 (Trade Example): USDCAD

 USDCAD short trade on 28/6/22

- Strength number USDCAD (-4, +6)




Update:-
- Trade able to give profit.
- Why I failed to take this trade? It is simply because lack of focus and lead to I missed this trade.
- Need FOCUS!!!


- There was another trade example involving short trade of GBPCAD











25 Jun 2022

24 June 2022: AUDJPY

 AUDJPY short trade on 24/6/22

- Strength number AUDJPY (-5, +6)




Post Analysis:-

- I closed trade with loss





23 Jun 2022

23 June 2022 (Trade Example): GBPAUD

 GBPAUD long trade on 23/6/22

Strength number GBPAUD (+1, -6)




- Entry at around 10:00pm 23/6/22

Update:-
- Trade unable to gained profit but at least close with breakeven or the worse is with small loss.











23 June 2022 (Trade Example): NZDUSD

 NZDUSD short trade on 23/6/22

Strength number NZDUSD (-6, +2)




- Entry at around 7:00am 23/6/22
- Trade able to give a little profit as shown below.
- Exit at around 8:00pm (23/6/22).





22 Jun 2022

22 June 2022 (Trade Example): CHFJPY

 CHFJPY long trade on 22/6/22

Strength number CHFJPY (+3, -5). Here also the previous reading CHF (+7 +3 +1) JPY (-7 -7 -7), reading on the left is the oldest reading.




- Time of entry roughly at 9:15pm (22/6/22)

Update:-
- Trade able to give good profit
- Exit at around 7:00am 23/6/22









22 June 2022: USDJPY

USDJPY long trade on 22/6/22

Strength number USDJPY (0, -7)




Post Analysis:-
- Trade end up with a loss.
- Refer to M15 chart the test coming hard. It shows seller doesn't quit.
- This trade shouldn't be taken.
- Read momentum correctly, apply the concept of "Rubber band Man".
- In order to buy the seller must dead.
- This trade also I took in a hurry, not in the precisely and calmly analysis.





21 Jun 2022

20 June 2022: USDJPY

 USDJPY long trade on 20/6/22

- Strength number USDJPY (-2, -5) although USD was in -ve number but it shows improvement from -5 reading previously, while JPY suffers dropped from -3 to -5.




- Entry time 9:30pm (20/6/22)

Post Analysis:-

- I decided to closed trade at 10:22am (21/6/22), as price did not move much.
- This trade only give tiny amount of profit only


Update:-
- This trade can give me decent profit, it started to lift around 4:00pm 21/6/22.
- My mistake for not having conviction on this trade, my mistake.








19 Jun 2022

17 June 2022 (Trade Example): EURCHF

 EURCHF short trade on 17/6/22




Update:-

- Trade possibly can generated profit, but it will be a small profit.
- Below is a chart that show exit area.




 






17 June 2022: NZDCAD

 NZDCAD long trade on 17/6/22

Strength number NZDCAD (+2, -6)




Post Analysis:-

- Trade ended with loss.
- There is problem here, the trade that I missed performed very well but the trade that I took end up in loss. Real trouble.

















16 Jun 2022

15 June 2022 (Trade Example): GBPAUD

 GBPAUD short trade on 16/6/22

- Strength number GBPAUD (-7, -2). Although the AUD number still in -ve but it shown significant improvement from -6. This show AUD gaining some strength.

Update:-

- Trade may close on 16/6/22 around 3:00pm
- Trade able to reach some profits.






15 Jun 2022

13 June 2022 (Trade Example): EURJPY

 EURJPY short trade on 13/6/22






15 June 2022: EURAUD

 EURAUD long trade

Strength number EURAUD (+2, -6)





Post Analysis:-

- I have to close this trade with loss
- Hit stop

- Chart when price hit my stop.
- The position size according to my plan and this cost me 0.5% of my account balance.