9 Dec 2022 (Trade Example): AUDCHF

 AUDCHF short trade on 9/2/22

- AUDCHF was on downtrend. SOW appeared on lower timeframe M15.

- Trade:-

Trade #1

- Time of entry 10:00am

- Risk 0.25%

- Trade class: C (SOW with confirmation, but trend alignment still in uptrend)

- Max profits 4.49R (M15)

Trade #2

- Time of entry 1:30pm

- Risk 0.5%

- Trade class: B (SOW with confirmation, price broke trigger bar, trend alignment to the downside)

- Max profits 2.86R (M15)

6 Dec 2022: USDCAD

 USDCAD long trade on 6/12/22

Pre-Analysis:-

- USDCAD was in uptrend for higher timeframe (D1 & H4).

- VSA chart:- SOS appeared on M15 chart

Entry:-

- Entry time 6:00pm

- Risk 0.25%

- Trade classification: C trade (SOS without confirmation)

Post Analysis:-

- Trade closed at breakeven

- Move stop at breakeven before went to sleep. Price hit stop around 12:00am (7/12/22) and rebound after that.

- I thought this trade might not work but I'm prepared to breakeven that what made me move the stop.

- Eventually price hit higher and again I missed the profits.

- Now my other issue is how to exit a trade?

- As at 5:00pm 7/12/22 here is how USDCAD perform.

5 Dec 2022: AUDUSD

 AUDUSD long trade on 5/12/22

Pre-Analysis:-

- AUDUSD trending up based on higher time frame (D1 & H4)

- VSA chart on M15 timeframe:-

Entry:-

- Entry time 5:45pm

- Risk 0.25%

- Trade classification: C trade (SOS with confirmation but there was no change in behaviour yet)

Post Analysis:-

- Trade closed with loss (full risk)

- Here again I took a trade that suppose not to be a trade.

- There was not change in behaviour. Only take a trade when no change in behaviour, if SOS/SOW show ultra high volume accompanied by very wide spread bar.

- Avoid unnecessary trade to avoid loss.

 

2 Dec 2022 (Trade Example): NZDUSD

 NZDUSD long trade on 2/12/22

- NZDUSD trending up at least for higher timeframe H4 and D1. On M15 chart, SOS appeared.

- Entry:-

- Time of entry 10:30pm

- Max profits 1.37R (M15)

- Trade classification, C trade: SOS with confirmation but there was no change in behaviour during entry time.

- Risk 0.25%

1 Dec 2022: USDCHF

 USDCHF long trade on 1/12/22

Pre-Analysis:-

- This was a counter trend/reversal trade. Higher timeframe shows USDCHF on downtrend, but on smaller timeframe (M15) sign of strength (SOS) appeared. This trade always C class trade.

- VSA chart:-

Entry:-

- Time of entry 9:00pm

- Risk 0.25% (C class trade)

Post Analysis:-

- Losing trade, full risk.

- Counter trend trade always difficult. 

- Pay attention also to bar that appeared SOS indicator, it was not a wide spread. Give more weight to wide spread bar with SOS indicator.

- I will post EURUSD long trade as example that work extremely well compared to USDCHF long.

- I lost again opportunity to score good profits, next I need deeper thought on pair selection, really study and analyse every trade option before committed a trade.

29 Nov 2022 (Trade Example): AUDUSD

 AUDUSD long trade on 29/11/22

- AUDUSD at support level for H1 (but this not an important level as D1 did not see this level). This can be C classification trade.

- VSA chart:-

- Entry:-

- Time of entry 9:45am (M15)

- Max profits 3.45R

- Risk 0.25% (C trade)

- Trade classification: C trade (SOS without confirmation, price not at important level)

28 Nov 2022 (Trade Example): EURUSD

 EURUSD long trade on 28/11/22

- Trade classification, C trade (SOW without confirmation and price not at important support area)

- Time of entry approx. 4:00pm (15 minutes chart)

20 Sept 2021: AUDNZD

 AUDNZD short trade base on cheese trade.

Pre-Analysis:-

Session Breaks Strength:- AUDNZD (-6 / 0). NZD looks like a neutral currency.

Fundamental:- NZD has news event that show strength from last week.

Trading Plan:-

Trade Classification:- C trade

(NZD looks neutral and news event is from last week data, therefore this trade is C class.)

- Digestion:-

- As C trade I target only 1R profit.

- Risk 1% ($100)

Post Analysis:-

- I scratch this trade as it did not work. But the loss not touch my original stop. (less loss)

- Here where the situation of BRAIN BEEN HIJACKED. My thought only seen this pair only, while there was another pair that set-up better than this.

- Need to scan all pair, it is a must so that I can make comparison between all pairs and choose the best pair to trade.

- Below is NZDCAD for long trade that perform and give huge profit.

17 Sept 2021 (Trade Example): AUDNZD

 AUDNZD long trade base on cheese trade.

Pre Analysis:-

Session Breaks Strength:- AUDNZD (+6 / -2)

Fundamental:- News event show AUD weaker than NZD. This may give conflict as session breaks show AUD stronger than NZD.

Trading Plan:-

Trade Classification:- C trade

- As C trade class, take profit at 1R only.

Post Analysis:-

- This trade able to give max 1.09R profit.

- Type C trade should be taken with extra careful. Look at price after hit 1R, it drops significantly.

- Need very close monitoring for this kind of trade.

- If no other choice of trade available, then this trade could be alternative.

2 Sept 2021 (Trade Sample): USDCAD (short)

 Trade sample on 2 Sept 2021. USDCAD short trade base on cheese trade.

Pre-Analysis:-

Session Breaks Strength:- USDCAD (-4 / +1), CAD stronger than USD

Fundamental:- no news event for both currencies.

Trading Plan:-

Trade Classification:- C trade

Post Analysis:-

1 Sept 2021 (Sample Trade): EURAUD (short)

 This is sample trade that can be taken on 1 Sept 2021. EURAUD short trade. This is a cheese trade.

Pre-Analysis:-

Session Breaks Strength Number:- EURAUD (+4 / +7)

Fundamental:-  EUR got good release on unemployment rate (7.6% / 7.6% / 7.8%). For AUD news also good according to GDP release (YoY) (Q2) (9.6% / 9.2% / 1.3%). Both currencies have good result.

Trading Plan:-

Trade Classification:- C trade

(the strength number consider tight & fundamental show good release. therefor I rate this trade as C)

Post Analysis:-

- I purposely record this sample to how a C class trade that did not perform.

- Although it has set up but strength number and fundamental did not show any favor to either currency.

- This C trade should be manage carefully.

- Max profit around 0.85R only for the entire day.

27 August 2021 (sample trade): AUDCHF (long)

 This is sample trade that can be taken on 27 August 2021, AUDCHF long trade.

Pre-Analysis:-

Strength Number:- AUDCHF (+7 / -3) AUD stronger than CHF, but I think AUD is not the strongest is compare to CHF.

Fundamental:- AUD news event was negative, retail sales (mom) (Jul) (-2.7% / -2.3% / -1.8%). While for CHF there is no news event.

Trading Plan:-

Trade Classification:- C trade

(although AUD is stronger than CHF but it is not the strongest & fundamental has conflict for this long trade. therefore I class this trade as C)

- AUDCHF broke Asia session & I should wait for pullback, read the pullback carefully & time my entry at the very logical point. 

- There was quite a long range (meaning that no activity).

- Then there is small range forming.

- That small range was broken to downside (this will activate sellers).

- But the price jump back up immediately (a probe), this can be an entry point.

- As this is C class trade, therefore plan for exit at 1R profit.

Post Analysis:-

- The 1R profit reach easily.

- Max profit around 1.65R.

- I purposely choose this trade as an example because, it happen in front of me while I am observing the AUD group of currencies.

- I need to always remember this, if you are going to buy you need sellers and vice versa. 

- I not trade this set-up simply because previous day actual trade was bad I lost more than $100 and this put me into state of fear (fear of losing). 

- Need more control on emotion/psychology.

25 August 2021 (Sample Trade): AUDJPY (long)

 Sample trade that can be taken on 25 August 2021, AUDJPY long trade.

Pre-Analysis:-

Correlation:- AUDJPY (12 / 1), very obvious AUD stronger than JPY

Session Breaks:- AUD broke Asia session with strong sentiment.(4 pairs) JPY broke Asia session with weak sentiment (6 pairs). the power on AUD was not high as only 4 pairs broke Asia session, we need at least 5 pairs.

Fundamental:- there was no news event for both AUD & JPY

Trading Plan:-

Trade Classification:- C trade

( only correlation show convincing data, while session breaks lack of power on AUD side, therefore this trade is C class.)

- as C trade, entry can be with only half of the risk or take on full (1%) risk but target for easy 1R only.

Pullback:-

- all sellers marked with circle as above, all attempt of seller failed

- one shock buyer came in broke the previous swing high, then immediately form a range.

- price broke range aggressively to above, that where entry can be initiate.

Post analysis:-

- max profit 2.14R (for entire trading day)

- I miss this trade even though I saw this set up happen, I unable to take this trade.

- What when wrong? as I loss on NZDCHF trade previously, I got frustrated and decided to call it off for that day.

- I decided not to take any trade & watch football match.

- While watching football I still peep into the chart and saw AUDJPY set up.

- I check all the data regarding AUDJPY and it shows a trade may has potential, but as I decided early not to take trade then it fly up without me.

- it seem that my working hours need to be set from 2:00pm till midnight, between that time no nothing such as movie, YouTube, football match etc. 

- miss another good trade

- seem like trade that I took did not perform well but trade that I missed perform fantastically.

10 August 2021: GBPAUD (long trade)

 This was sample trade that can be taken on 10 August 2021

Pre Analysis:-

Correlation:- GBPAUD (10 / 5), GPB stronger than AUD.

Market State:- Price was traded under buyer's territory as shown on the H1 chart

Session Breaks:- GBP broke NY session with strong sentiment (6 pairs)

Fundamental:- There was no news release for either GBP or AUD, all related news consider old release.

Trading Plan:-

Trade Classification:- C trade 

(only session breaks and market state support for this long trade, while correlation is consider tight & news fundamental not support both currency, therefore a C trade was classified)

Entry:- wait for pullback / digestion

-the pullback:- no (1) area broke aggressive, thus no entry at that time. no (2) area also broke aggressive thus no entry either. but suddenly price back up aggressive after it broke no (2) area & create a probe area. after the probe price immediately building a range & I am interested to buy.

Entry: 1.88842 (long) (4:00pm)

Stop: below entry about 10 pips @ 1.88742

Exit: as a C trade aim for 1R outcome & stop move to breakeven immediately after price make some decent move upward.

Post Analysis:-

- entry was good, as entry inside range that building up & price immediately shoot up after entry, this will give confident on this trade.

- stop move at 1R @ 5:52pm, at this time I saw AUD group made strong breaks past Asia session (at time 4 pairs on AUD broke Asia session). this make me feel this trade might take a turn so I need to secure my profit.

- as a C trade the approach is take whatever I can kind of trade.