29 Nov 2024 (Trade Example): EURJPY

 EURJPY short trade on 29/11/24

- Trade based on H1 timeframe.

- Strength meter EUR = -5, JPY = +7

- Immediate strength meter:

- Entry time 8:00am (Asian session)

- All pairs strength meter:

- Note: I should started my day around 6:00am. This will make me prepared to trade on Asian session when setup appears. Asian currency tend to setup during this session. Missed opportunity again!

26 Nov 2024 (Trade Example): CHFJPY

 CHFJPY short trade on 26/11/24

- Trade based on H1 timeframe.

- Strength meter CHF = 0, JPY= +4

- Watchlist:

* Sell (EURCHF, EURJPY, CHFJPY)

- Immediate strength meter

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

Update: (28/11/24)

22 Nov 2024 (Trade Example): USDCHF

 USDCHF long trade on 22/11/24

- Trade based on H4 timeframe and wait for pullback setup.

- Overall strength meter reading was USD = +7, CHF = 0

- Entry time 5:00pm

- Strength meter during entry:

- note: this pair was in my watchlist on this day. I even check this setup just before it was launch to the upside around 5:00pm but hesitated to enter. I was not well prepared, need focus at the very top level otherwise this kind of trade will continue slipped away from me.

- Strength meter recorded for entire trading day:

- This trade has potential to hold until it make a new high and only exit when price show inability to rise higher.

19 Nov 2024: EURCAD

 EURCAD short trade on 19/11/24

Pre-Analysis:

- Trade based on trend pullback using H4 timeframe.

- Strength meter shown equally strength between EUR and CAD currency. 

- This made trade should only focus for a quick profits of any and should not be hold for a new low.

- Full watchlist of this day:-

* Buy: EURCAD (counter trend)

* Sell: EURCAD

CADCHF & CADJPY (counter trend)

- EURCAD was in both buy and sell watchlist, this trade need to trade with very extra careful.

- Strength meter of that day:-

Entry:

- Entry time 4:02pm

- Immediate strength meter:-

- I set a 2R profit target, stick to my plan.

Post Analysis:

- Got profits smoothly.

- Good execution.

- This trade can be consider to take profit at previous low. But as I am sticking to my plan, 2R profits consider acceptable.

- Mentally prepared to accept if this trade not working out.

- Update (23/11/24): trade able to reach max 15R profits at the end of trading week. Price drop to the low until 1.44855 level.

15 Nov 2024 (Trade Example): GBPUSD

 GBPUSD short trade on 15/11/24

- Trade based on H1 timeframe. USD currency was still the most strongest. Pullback on H1 timeframe shown sign of buyers unable to increase anymore. Trade also influenced by news event related to USD (retails sale m/m).

- Watchlist:

Sell (GBPUSD/ EURUSD)

- Strength meter

- Entry time 10:00pm (New York session)

- Immediate strength meter 

14 Nov 2024 (Trade Example): GBPUSD

 GBPUSD short trade on 14/11/24

- Trade based on H1 timeframe. USD currency show absolute strength. All USD pairs broke previous day high or low (depending on pairs). Any pullback after that was an opportunity for a trade.

- Strength meter 

- Entry time around 4:45pm

- Trade able to reach 2R profits.

13 Nov 2024 (Trade Example): AUDUSD

 AUDUSD short trade on 13/11/24

- Trade based on H1 timeframe. All USD pairs show strength.

- AUDUSD showed a little pullback, then we can see buyer unable to push price any higher. This pave opportunity to short.

- Strength meter recorded

- Entry time around 10:30pm (New York session)

12 Nov 2024: USDJPY

 USDJPY long trade on 12/11/24

Pre Analysis:

- Trade based on H4 timeframe, there was trend developing on this pair. Upon pullback or discount been offered, I then interested to take this trade for a buy.

- Watchlist: Buy (USDJPY/ CADJPY)

- Strength meter

Entry:

- Entry time 5:54pm

- Immediate strength meter:

Post Analysis:

- I prepared well for this trade, however after I was shaky as the trade not launch immediately. It only launch during New York session.

- I was about 50-50 on this trade as it didn't launch immediately. Lucky I hold on.

- Exit was bad, as only able to book 1.2R only.

- Trade went for 2R on this trading day.

- I will opted to target 2R profit as my recovery plan to get my account back at initial balance.

- If my account recover, will think to change profit taking plan into ride on profits.

Update (16/11/24):

- Trade able to reach max profits of 7R. Price reach as high as 156.751

11 Nov 2024: CADCHF

 CADCHF long trade on 11/11/24

Pre Analysis:

- Trade based on H4 timeframe. But I need to be very careful as price at the top of range referring to daily chart

- H4 chart

- Strength meter

- Exit plan: try to ride this trade until price ranging in H4 timeframe.

Entry:

- Entry time 4:02pm

- Immediate strength meter

Post Analysis:

- Scratch this trade, reason: feel very valnarable as I mess up with entry. As price turn back I feel worried that this trade may not work.

- Should entry around price 0.63049 this gave me confident to hold on.

- Little bit late in entry as I am occupied with my son's therapy activities. Very difficult to handle 2 works at the same time.

- Trade may work but price keep turn back towards entry point. This may influence my decision.

8 Nov 2024 (Trade Example): EURJPY

 EURJPY short trade on 8/11/24

- Trade based on counter trend using H4 timeframe.

- The story was 'store' unable to attract more buyer to buy this, therefore in their mindset they might dumb the products/ give discounts to find buyers.

- We can plan to dumb as well considering price may drop following 'store' mindset.

- Strength meter: 

- Entry time around 11:00am (Asia session)

- Immediate strength meter:

- Exit plan, possible to target previous area where price launch.

6 Nov 2024 (Trade Example): AUDCHF

 AUDCHF long trade on 6/11/24

- Trade based on counter trend or reversal using H4 timeframe.

- Entry time around 4:00pm (London session).

- Trade setting up while some results of US presidential election 2024 came out.

- This based solely on technical chart, I didn't have immediate strength meter recorded.

5 Nov 2024: EURNZD

 EURNZD long trade on 5/11/24

Pre-Analysis:-

- Daily chart

- H4 timeframe, that was the time I thought V formation formed.

- State of market that time was an upward channel, and price somewhere near the bottom channel.

Entry:-

- Entry time 9:02am (Asia session)

- Immediate strength meter

Post Analysis:-

- V formation was not there, or at least not a clear cut V formation.

- Never enter a trade without V formation.

- Mistake again, stop this blunder or you will lost your account. This is your last account, make it please.