30 Aug 2022: EURCHF

 EURCHF long trade on 30/8/22

Pre-Analysis:-

- CHF was the weakest currency across the board. All CHF pairs broke Asia trading session.

- Entry during New York session, time of entry 9:48pm

- Target set at 2R.

Post-Analysis:-

- I lost this trade, but able to scratch it and reduce the loss.

- My entry was wrong, although price did not hit my stop if I let this trade run.

- There was a better entry appear after I closed this trade shown on the chart below.

- The entry I made was around the range that I believe will push up, but I did not wait for the price to show it will break to the upside.

- Instead I entered this trade base on my hope that price will push up. But in actual after I opened the trade price push down than I realised I was wrong and decided to exit to avoid bigger loss.

- If I waited for the right moment, I will not loss this trade. All my mistake.

- Here is chart that show where should I enter this trade.

- But it unable to hit 2R profits target

- It only reach roughly 1.5R profits only but it is better than loss.

- Leant this !!!!

29 Aug 2022 (Trading Example): EURJPY

 EURJPY long trade on 29/8/22

- EUR was the strongest currency across the board. All EUR pairs broke Asia session.

- This trade able to gain 2R profits.

- I missed again this kind of trade.

- Need to focus, nothing will come easily.

Trading Results: 22-26 August 2022

 Trading results 22-26/8/22

- Although this week I recorded positive gain, but still I am unable to grow this account.

- There was good trade that I missed. I need to improve not to miss those trade.

- It is evidence that those missed trade able to grow my account significantly.

26 Aug 2022 (Trade Example): EURNZD

 EURNZD long trade on 26/8/22

- EUR currency was the strongest currency across the board. All EUR pairs broke Asian trading session.

- Possible entry during New York session, approx. entry time 9:00pm

- Trade able to gain 2R profits.

- If trade can be manage accordingly profits may reach more than 2R.

23 Aug 2022: CADCHF

 CADCHF long trade on 23/8/22

Pre-Analysis:-

- CHF currency was the weakest according to strength meter. All the CHF currency pairs broke Asian session.

- Trade taken during New York session approx. entry time was 9:49pm

- TP set at 2R profits

Post Analysis:-

- Trade closed with loss.

- However I manage to reduce the loss.

- After saw price came back to my entry level and push lower, immediately I closed the trade to avoid bigger loss. This time I did not second guest it.

- Another area that need to be look is, should I move stop to breakeven? this will avoid loss totally. Price shown some profits at the beginning but unable to reach intended target .

- Here is GBPCHF long trade as an alternatif and this trade able to reach 2R profits target.

22 Aug 2022: EURUSD

 EURUSD short trade on 22/8/22

Pre-Analysis:-

- EUR was the weakest currency across the board. All EUR pairs broke the Asian session.

- Trading during New York session.

- Target at 2R profits.

Post Analysis:-

- Trade hit intended 2R profits target.

- Emotional state, confident on this trade and took trade with less fear.

- Waiting period was a big test, wait from London session until New York.

- Trade has potential to gain more than 2R profits, but at this moment I just trade with 2R. When my trade results show consistency, then I will change my exit strategy to try capture the optimum profits.

19 Aug 2022 (Trade Example): CHFJPY

 CHFJPY long trade on 19/8/22

- CHF shows strength as majority of it pairs broke Asian session.

- Trading during London session, approx. entry time 6:45pm

- Trade able to gain 2R profits.

19 Aug 2022 (Trade Example): USDJPY

 USDJPY long trade on 19/8/22

- USD shows strength as majority of its pairs broke previous New York trading session.

- Entry during London session, approx. time of entry 2:50pm

- Trade able to give 2R profits.

- If trade managed accordingly profits could be more than 2R.

18 Aug 2022 (Trade Example): EURCAD

 EURCAD short trade on 18/8/22

- EUR currency shows weakness as all it pairs broke Asian trading session. The only factor that may prevent this trade to work was correlation meter as CAD only slightly strong compared to EUR. In this case if I still want to trade, then my target should be at 1R only.

- Trade during London session, approx. entry time 9:25pm

- Trade able to achieve 1R profits.

- Overall profits could be more than 2R.

17 Aug 2022 (Trade Example): USDJPY

 USDJPY long trade on 17/8/22

- USD was stronger as majority USD pairs broke the Asian trading session level. JPY on the correlation was one of the weakest currency.

- Entry during London session approx. time of entry 6:15pm

- Trade able to gain 2R profits.

17 Aug 2022 (Trade Example): GBPAUD

 GBPAUD long trade on 17/8/22

- AUD shows weakness, majority AUD pairs broke previous New York trading session.

- Entry during London session approx. time 3:30pm

- Trade able to gain 2R profits, even more than that.