Showing posts with label BBMA Trade. Show all posts
Showing posts with label BBMA Trade. Show all posts

29 Apr 2022

28 Apr 2022 (Trade Example): GBPCAD

 GBPCAD short trade on 28/4/22

1 hour chart:-


4 hour chart:-


15 minutes chart:-









28 Apr 2022

27 Apr 2022: GBPUSD

 GBPUSD short trade on 27/4/22

Hourly chart:-


4 hour chart:-


15 minutes chart:-


Post Analysis:-

- Trade ended with loss.
- But price did dropped.
- Price seem to hit my stop before dropped.
- I closed trade before hit my stop, so the risk was reduced.
- I need to work on timing issue, the direction is something that I can determine correct but timing is still an issue.
 










26 Apr 2022

26 Apr 2022 (Trade Example): GBPCAD

 GBPCAD short trade on 26/4/22 based on BBMA trade.




Update:-

- Trade has potential of 4.23R profit.











22 Apr 2022

21 Apr 2022: AUDJPY

 AUDJPY long trade based on BBMA trade.



Post Analysis:-

- Trade closed with loss











21 Apr 2022

20 Apr 2022 (Trade Example): USDCAD & CADCHF

 USDCAD short trade on 20/4/22 based on BBMA trade.



- Possible short setup 
- Entry @ 1.26068 (20/4/22, 10:00am)
- SL @ 1.2627 (21 pips)

CADCHF long trade on 20/4/22 based on BBMA trade



- Possible long setup.
- Entry @ 1.75506 (20/4/22, 8:00pm)
- SL @ 1.7537 (13 pips)










19 Apr 2022

18 Apr 2022: EURAUD

 EURAUD long trade on 18/4/22 based on BBMA trade.

Pre-Analysis:-


- There was a signal for price to continue go up.
- Waiting for retest that failed to breach MA & Mid BB.

Entry:-


Post Analysis:-

- Trade closed with loss.
- Loss has been reduced a little bit, as I moved stop a little higher.






- One element was missing, I did not check whether 4 hour chart has same retest at MA.


- The rules are: 1 hour chart retest that failed to breach MA & Mid BB, 4 hour chart it need to touch MA (retest MA).
- I did not follow this rules, I broke the rules.
- Below is trade that follow both rules and it can give me huge profit.