30 Oct 2024 (Trade Example): EURJPY

 EURJPY long trade on 30/10/24

Entry:-

- Entry time around 10:30pm

- note: I hesitated to take this trade, was there looking for this setup. What a miss.

29 Oct 2024: GBPJPY

 GBPJPY long trade on 29/10/25

Pre-Analysis:-

- Strength meter GBP = +4, JPY = -7

Entry:-

- Entry time 7:45pm

Post-Analysis:-

- Stopped out as price spike down.

- Should took entry in London session around 4:00pm (as shown on chart above, the red arrow)

- After V formation, the successful test can be noted as price broke the Asian session range.

- Should I move stop to break even as price reached 1R?

- Another lost, when my trade will turn consistent? 

- Update: here is GBPNZD long trade as an alternative, which gave better results.

24 Oct 2024 (Trade Example): GBPNZD

 GBPNZD long trade on 24/10/24

- Trade based on H4 timeframe. Strength meter was GBP = +3, NZD = -5

- Entry time around 8:00pm (New York session)

23 Oct 2024 (Trade Example): GBPJPY

 GBPJPY long trade on 23/10/24

- Trade based on H4 timeframe, strength meter was GBP = +3, JPY = -7

- Entry time around 8:00am (Asian session)

22 Oct 2024: AUDNZD

 AUDNZD long trade on 22/10/24

Pre-Analysis:-

- Trade based on H4 timeframe. Strength meter reading was AUD = +1, NZD = -6

Entry:-

- Entry time 11:25pm 

Post Analysis:-

- Scratch trade, this trade should not be taken.

- The immediate strength meter only shown AUD as the strongest currency, while NZD did not in the weakest currency.

- We need both currency group in the strongest and the weakest reading. (I didn't print screen strength reading).

21 Oct 2024: GBPCAD

 GBPCAD long trade on 21/10/24

Pre-Analysis:-

- Based on H4 timeframe, strength meter was GBP = +5, CAD = +1.

Entry:-

- Entry time 11:04am (Asia session).

Post Analysis:-

- Very impulsive trade, price not even break the range.

- This was purely a hope that price will break that range, which not happening.

- Should not trade this, huge mistake.

- Why not trade USDJPY for a long trade?. Trade was there during New York session.

- Update (26/10/24)

17 Oct 2024: USDJPY

 USDJPY long trade on 17/10/24

- Trade based on H4 timeframe. Strength meter was USD = +7, JPY = -5.

Entry:-

- Entry time 2:18pm

Post Analysis:-

- The design looks not as convinced but I took risk to enter this trade.

- This made me in pressure not to hold this trade and decided to close it as price dropped back to my entry level.

- This trade should be able to give me more profits.

15 Oct 2024: AUDCAD

 AUDCAD long trade on 15/10/24

Pre-Analysis:-

- Trade based on daily time frame. Strength meter as follow AUD = +4, CAD = -5

Entry:-

- Entry around 10:40 am (Asia session).

Post Analysis:-

- Scratch trade. Trade was not ready, able to got out with $7.56 lost from around $12.00 risk (0.25%).

- The decision was good as price drop further. This save account to wait for other set-up.

14 Oct 2024 (Trade Example) : USDCHF

 USDCHF long trade on 14/10/24

Pre Analysis:-

- Strength meter USD = +6, CHF = +3

Entry:-

- Entry time around 3:00pm

- Note: missed this trade, new to use mobile phone for trading as I lost my laptop. Things got messy as I look for position size calculator to determine my trade size. Finally I missed entry point and hesitated to take a trade with a little bit higher price. I blamed myself for lack of preparation.

9 Oct 2024 (Trade Example): USDJPY

 USDJPY long trade on 9/10/24

- Trade based on H4 timeframe

- Entry time around 1:00pm one hour before Frankfurt open.

8 Oct 2024: EURGBP

 EURGBP long trade on 8/10/24

Pre-Analysis:-

- Trade based on H4 timeframe strength meter.

Entry:-

Post Analysis:-

- I have to scratch this trade. Saw price return back to entry point and may piercing towards my stop, that why reason for me to scratch it.

- Mistake on choosing this pair, as both EUR did not turn as the strongest currency, while GBP also was not in the weakest.

- Why I took this trade? clearly I'm not following my own set of rules.

- Here is EUR group:-

- This is GBP group:-

- Depending on strength meter might not give correct pair selection. I must read currency strength across the board manually.