GBPJPY long trade on 13/3/23
Pre-Analysis
- Strength meter & correlation: -
Entry
- VSA chart system: -
- Entry time 2:55pm
- Risk 0.25%
- TP plan @ 165.101
Post Analysis
- Scratch the trade.
- Close with approx. half of the risk taken.
- I saw correlation started to change and JPY getting stronger across the board. This led me to scratch this trade to minimize loss.
- In my opinion everything was correct, until correlation started to change.
- VSA chart system also show something that price about to reverse it course.
- Price after I scratched the trade
