NZDUSD short trade on 8/1/25
Pre-Analysis:
- Strength meter NZD = -2, USD = +4
- Exit plan at 2R profit, with $10 risk.
Entry:
- Entry time 4:04pm (London session)
- Immediate strength meter
Post Analysis:
- Price dropped as expected.
- Took this trade calmly, I have checked everything I need to check.
- Feel confident on this trade.
- There was another trade that give great risk to reward compared to this trade, GBPCAD short. I documented it on other post.
- Keep this momentum moving in the hope to get my account balance back to initial level before thinking to reach 6% profit target.
- Update (12/1/25)
