30 Aug 2023

29 Aug 2023 (Trade Example): USDJPY

 USDJPY long trade on 29/08/23

- Fundamental shows USD strong and JPY was weak. Price pullback to support area.

- Correlation also shows USD stronger than JPY. The correlation during entry as per chart below.


- Price broke out from consolidation area and pullback towards support area.


- Entry, around 6:00pm


- Trade need to be manage as there was important news release around 8:30pm and 10:00pm
- Max. possible profit 4.04R




24 Aug 2023

23 Aug 2023 (Trade Example): USDCAD

 USDCAD long trade on 23/08/23

- USDCAD long trade with trade classification as B trade. This trade did not has correlation backing it up. On strength meter USD was stronger than CAD.


- Entry time 3:00pm
- Max. possible profit of 3.66R




23 Aug 2023

22 Aug 2023 (Trade Example): EURGBP

 EURGBP short trade on 22/08/23


- Correlation shows that EUR has been dumped across the board 


- Currency strength meter: 


- Entry time 4:00pm
- Max. possible profit of 5R





21 Aug 2023 (Trade Example): GBPJPY

 GBPJPY long trade on 21/08/23


- Correlation on JPY, they has been dump across the board.


- Entry time around 5:00pm
- Max. possible profit of 3.36R




17 Aug 2023

16 Aug 2023 (Trade Example): GBPJPY

 GBPJPY long trade on 16/08/23

- Price broke Asia session during 15/08/23 trading day, supported by news release related to GBP. On 16/08/23 pullback came in with low volume and there was important news release pending for GBP.

- News release


- Correlation factor also supported this trade as majority of GBP pairs show strength by breaking the Asia session on 15/08/23.


- Entry time 1:30pm
- Entry timeframe M15
- Max. possible profit of 13R
- Note: I was stalking this pair since 15/08/23 and did consider this long trade but somehow unable to enter the trade due to uncertainty in my decision, whether this will work or not. I am fear of losing at this point of time and it cause me missing an excellent trade.




16 Aug 2023

15 Aug 2023 (Trade Example): GBPUSD

 GBPUSD long trade on 15/08/23

- Price broke Asia session following important news release for GBP. Pullback on low volume occurs during New York session. This trade also supported by important news release related to USD around 8:30pm.

- News release for GBP 2:00pm and for USD 8:30pm



- Entry time 8:45pm
- Entry timeframe M15
- Max. possible profit of 2.95R




14 Aug 2023 (Trade Example): NZDUSD

 NZDUSD short trade on 14/08/23


- Entry time 8:00am
- Entry timeframe H1
- Max. possible profit 5.87R





13 Aug 2023

11 Aug 2023 (Trade Example): EURGBP

 EURGBP short trade on 11/08/23

- GBP group shows strength with high impact news release at 2:00pm. All pairs broke Asia session, in this EURGBP pair price broke Asia session and went down which indicate GBP strength.

- Entry time 9:00pm





12 Aug 2023

10 Aug 2023 (Trade Example): USDJPY

 USDJPY long trade on 10/08/23

- The whole JPY group was weak and each pairs broke yesterday session high. Got probe during New York session.


- Entry time 9:00pm
- Entry timeframe 15 minutes.
- Max. possible profit 8.3R


11 Aug 2023

10 Aug 2023 (Trade Example): USDJPY

 USDJPY long trade on 10/08/23

- Trade based on session break. Price broke Asia session during New York (9/08/23). On 10/08/23 price started to pullback and entry opportunity can be spotted during Asia session. With the assistance of currency strength meter this was a possible trade to enter.



- Entry time 8:00am
- Entry timeframe M15
- Possible max. 3.55R






4 Aug 2023

3 Aug 2023 (Trade Example): NZDJPY

 NZDJPY short trade on 3/08/23

- Trade based on JPY group strength which broke the Asian session.


- Entry time 9:00pm
- Entry timeframe H1


3 Aug 2023 (Trade Example): GBPCHF

 GBPCHF short trade on 3/08/23


- Entry time 4:00pm
- Entry timeframe H1


3 Aug 2023

2 Aug 2023 (Trade Example): NZDUSD

 NZDUSD short trade on 2/08/23

- NZD group broke New York session with important news release at 6:45am. Finally during 2/08/23 New York session trade set up appeared.



- Entry time 7:00pm
- Entry timeframe H1
- Max. possible profit 2.61R




2 Aug 2023

1 Aug 2023 (Trade Example): USDCHF

 USDCHF long trade on 1/08/23


- Entry time 3:00pm
- Entry timeframe M15
- Possible max. profit 4.15R






31 July 2023 (Trade Example): NZDCAD

 NZDCAD long trade on 31/07/23


- Entry time 8:00am
- Entry timeframe H1
- Possible max. profit 3.11R
- Note: I unable to trade this as I am not in front of my trading desk. I was outside to send my son for his school. I could not read VSA indicator. In the future I need to prepare early in the morning by reading the VSA chart around 5.00 am and make decision by reading from TradingView chart only through mobile phone.







1 Aug 2023

31 July 2023: CADCHF

 CADCHF long trade on 31/07/23


- Entry time 2:23pm
- Risk 0.25%
- Entry timeframe H1


Post Analysis

- Lost at full risk
- I must admit this kind of trade was a difficult one. Reason, there was also sign of weakness appeared in the near back ground.
- This made my mind in the state of 50-50 whether to take as strength or weakness.
- At first I wanted to leave this trade but after saw some movement toward up then change my decision to trade long.
- Price took my trade out before move up during New York session.
- Should I re-entry during New York session? No I unable to take this trade as I was still in confused mind.
- One thing to take note if in doubt leave it alone.