19 Feb 2025: CHFJPY

 CHFJPY short trade on 19/2/25

Pre-Analysis:

- Trade based on H4 timeframe trend pullback.

- Risk $10 with plan to exit at the previous low.

- Feel kind of 50-50 this trade will work, not confident enough on this.

Entry:

- Entry time 3:08pm

- Immediate strength meter 

Post Analysis:

- Scratch this trade.

- I have no confident this will work, my thoughts process has been shattered by past trade that mistakenly enter with wrong trade size.

- In actual, this trade has worked and able to give profit 

- Need to boost my confidence on taking those trade.

- I'm very vulnerable at this point of time. So much pressure to perform. Very stress, desperate to proof that I'm a trader.

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)

31 Oct 2024: CHFJPY

 CHFJPY long trade on 31/10/24

Pre-Analysis:-

Entry:-

- Entry time 8:57am

- Immediate strength meter 

- Post Analysis:-

- Scratch trade.

- What did I do?

- Trade not a valid setup in my system.

- Always read pullback from H4 timeframe, this was not a valid V formation that I was looking for.

- Can say it also very impulsive trade.

- Lucky I realized early and avoid lost more than this.

4 May 2023 (Trade Example): CHFJPY

 CHFJPY short trade on 4/5/23

- Yen group shows strength, the focus on taking JPY pairs was highly possible.

- CHFJPY on downtrend, during Asia session price pullback and has opportunity to continue drop.

- Trade possible at 2:30pm during early Frankfurt session.

- Note: I missed this trade. Although I am aware of Yen strength but I did not see CHFJPY instead focus on  AUDJPY. It end up AUDJPY did not give me clear entry indication and there was no trade for that pair either.

- The missed cost me roughly 3R profit.

- Next time need to look at all pairs in particular currency group. In this case I should look into all JPY pairs.

15 Mar 2023 (Trade Example): CHFJPY

 CHFJPY short trade on 15/3/23

- Entry: -

- Entry time 5.05pm

- Max possible profit 16.62R (hold trade until next day).

2 Feb 2023: CHFJPY

 CHFJPY short trade on 2/2/23

Pre-Analysis

Entry

- Time of entry 8:17pm

- Risk 0.25%

- Exit plan TP at previous swing low, Stop set at 0.25% loss from account balance.

Post Analysis

- Exit with small profits

- Here I did mistake when accidently close the trade while running in profits. This terrible mistake by me, next time I need to be very focus and sharp. 

- Trade gone according to my original plan and hit previous swing low.

- Should this trade hold it able to give me 2R profits.

15 Nov 2022 (Trade Example): CHFJPY

 CHFJPY short trade on 15/11/22

- Trade based on scalping strategy, as price approach previous drop and show sign of turning downward then we can find trade setup based on VSA principle on the downtrend.

- VSA chart: at this point all time frame show trend alignment (H1, M30, M15 & M5)

- Entry

- Time of entry 7:00pm

- Max profits 8.85R (based on M5 timeframe entry)

- However I classified this trade as C trade. ( it was a reversal trade without major SOW), this should be taken at 0.25% risk.

- But with high RR rate this could give around 2.2% increase in account balance.

26 Sept 2022: CHFJPY

 CHFJPY short trade on 26/9/22

Pre-Analysis:-

- JPY was one of strongest currency across the board. At that time CHF set up for a break on all of it pairs and showing weakness. This made short trade was logical. CHFJPY also shown pullback from the original trend.

- Strength meter:-

Entry:-

- Correlation during my entry:-

- Entry time 6:00pm

- Risk 0.5% of account balance.

- Target the recent low with approx. 2++ R 

Post Analysis:-

elation during my entry

- I scratched this trade as I saw the other CHF pairs did not make a push or follow through.

- Realised price may not ready yet for a push down and quickly exit.

- Will monitor the next day if still opportunity for a short trade.

- Decision made to scratch the trade:-

- I can feel my thought process for the first time, I flip around on all information I can get and carefully read all the 28 pairs before came to decision to trade this.

- I checked everything from correlation, strength of currency, breaks of high or low from previous day, reading pullbacks to time my entry.

- Although trade did not performed as I wanted but I hope on upcoming trade I will made my decision process based on what I did on this day.

 

 

22 Sept 2022 (Trade Example): CHFJPY

 CHFJPY long trade on 22/9/22

- CHF was the strongest currency across the board, all its pair broke New York session. But need to extra careful as SNB releasing the interest rate decision around 3:30pm time.

- Entry time 2:12pm

- Trade able to give max 3.41R profits.

Note: need to extra focus when pairs broke New York session as trade may get ready by Frankfurt or London opening. In this case good profit able to gain before it reverse after interest rate decision was announced.

19 Sept 2022: CHFJPY

 CHFJPY long trade on 19/9/22 based on anticipate trade.

Pre-Analysis:-

- CHF currency was the strongest currency, while JPY was the weakest currency across the board. CHFJPY now enter a pullback mode, and first attempt to make a new high was failed. Now it enter a better price to buy and try to make a new high. Price also seem to be on a money spot area. Divergence also strengthening this kind of trade. I classified this trade as B trade.

Entry:-

- Entry during London session, time of entry 6:03pm

- Risk 0.5% of account balance

- Target, will let profits run if any, will see how price performed when hit previous high.

Post Analysis:-

- I scratch this trade, as progress was very slow.

- Thinking of this might not be ready yet.

- Here is chart where price might hit my stop, thus scratching this trade seem a good decision.

- Will monitor this pair next day 20/9/22 if any opportunity for entry.

12 Sept 2022: CHFJPY

 CHFJPY long trade on 12/9/22 based on cheese trade.

Pre-Analysis:-

- JPY was the weakest currency across the board. All JPY pairs broke Asia session.

- Strength meter:-

Entry:-

Post Analysis:-

- Trade end up with loss. However I manage to scratch this trade to avoid full loss.

- Here where am I went wrong, technically speaking the spot that I entered was not a confirm break-out of range. It leaves a wick on top (refer to entry chart), that sign of the trade might not ready yet.

- Here is how this same pair should be trade, it happen earlier during Asia session with time of entry approx. 12:18am

7 Sept 2022 (Trade Example): CADJPY & CHFJPY

 CADJPY and CHFJPY long trade on 7/9/22

- JPY was the weakest currency across the board. All JPY pairs broke New York session.

CADJPY:-

- Entry during London session, approx. time 5:06pm

- Max profits around close to 5R.

- In the real trade I may be close at 3R (as shown on the 3 minutes chart)

CHFJPY:

- Time of entry approx. at 3:48pm

- In real situation maybe I exit at 0.89R profits only (as shown on 3 minutes chart)

- Max profits around 5R.

- The reason I missed these two trades was, I caught sleeping during the first 3 hours of London session due to fatigue. I am unable to prepare my day until around 6 to 7pm. What a big missed.