AUDUSD long trade on 5/12/22
Pre-Analysis:-
- AUDUSD trending up based on higher time frame (D1 & H4)
- VSA chart on M15 timeframe:-
Entry:-
- Entry time 5:45pm
- Risk 0.25%
- Trade classification: C trade (SOS with confirmation but there was no change in behaviour yet)
Post Analysis:-
- Trade closed with loss (full risk)
- Here again I took a trade that suppose not to be a trade.
- There was not change in behaviour. Only take a trade when no change in behaviour, if SOS/SOW show ultra high volume accompanied by very wide spread bar.
- Avoid unnecessary trade to avoid loss.
