Showing posts with label EURAUD. Show all posts
Showing posts with label EURAUD. Show all posts

24 Mar 2025

19 Mar 2025: EURAUD

 EURAUD long trade on 19/3/25

Pre-Analysis:-

- Trade base on H4 timeframe.

- Strength meter was EUR = +6, AUD = 0

- Risk $10, exit plan at previous high.


Entry:-

- Entry time 8:11pm


- Immediate strength meter 


Post Analysis:-

- Scratch this trade.
- Mistake was, there was no sign of buyers come back.
- Look at those buyers after discount, not aggressive.
- This trade not ready yet. This also show timing was not right.
- Probably trade may ready by next trading week.


- How this pair perform throughout this week.

7 Dec 2024

5 Dec 2024 (Trade Example): EURAUD

 EURAUD long trade on 5/12/24

- Trade based on H1 timeframe 

- Overall strength meter EUR = -3, AUD = -7

- Strength meter

- Entry time 9:00pm (New York session)


24 Oct 2023

23 Oct 2023 (Trade Example): EURAUD

 EURAUD long trade on 23/10/23

- Currency strength


- Trading grade is B (daily timeframe was in uptrend but strength consider as tight or close strength)


- Entry time around 2:00 or 3:00pm




21 Sept 2023

20 Sept. 2023 (Trade Example): EURAUD

 EURAUD short trade on 20/09/23


- Entry time 2:12pm
- Trade classification: C
- Max. possible profit 3.12R
- Note: price not smoothly drop from the beginning of trade, this may entice you to scratch but there was re-entry opportunity after London open around 3:00pm





29 Jul 2023

28 July 2023 (Trade Example): EURAUD

 ERUAUD long trade on 28/07/23


- Entry time 8:00am
- Entry timeframe M15
- Possible max. profit 9.8R






31 May 2023

30 May 2023 (Trade Example): EURAUD

 EURAUD long trade on 30/5/23


- Entry time 6:00pm




6 Oct 2022

4 Oct 2022 (Trade Example): EURAUD

 EURAUD long trade on 4/10/22

- I am stalking this pair but unable to catch the entry.







30 Sept 2022

29 Sept 2022 (Trade Example): EURAUD

 EURAUD long trade on 29/9/22

- Long trade solely based on technical reading of chart. Both currency not in band of strongest nor weakest currency. This may target at 1R only

- Currency strength meter:-


- Entry




- Entry time 3:00pm
- Trade able to achieve 1R profits. However price kept rising and made a new high.









15 Jun 2022

15 June 2022: EURAUD

 EURAUD long trade

Strength number EURAUD (+2, -6)





Post Analysis:-

- I have to close this trade with loss
- Hit stop

- Chart when price hit my stop.
- The position size according to my plan and this cost me 0.5% of my account balance.




17 May 2022

17 May 2022 (Trade Example): EURAUD

 EURAUD short trade on 17/05/22

- Hourly chart:-


- Entry time 9:15am 
- Risk (21 pips stop) 0.4% of account blance.

Data from the other 2 timeframe:-



Update:-

- Trade possibly give 1R profit, as price return to upside.
- Profit need to be locked otherwise it get back to entry price or worse case hit stop for a loss trade.


Below is a better pair to trade and will give better result (AUDJPY long trade). With max 10.5R profit (126 TP & 12 SL)


- 4 hour & 5 minutes chart:-




















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.




















12 Jan 2022

12 Jan 2022: EURAUD (Trade Example - Short)

 Short trade on EURAUD 12/01/22




Update:-

- Possible closed trade with profit








20 Dec 2021

20 Dec 2021: EURAUD (Long Trade)

 EURAUD long trade on 20/12/21

Pre-Analysis:-

Hourly chart


Trend alignment to the upside (long trade) shown on the other 2 timeframe 30 minutes & 15 minutes.



Entry:-


- Decided to entry after got test and it success as shown on (1) indicator.


- Entry: 1.58774 (buy)
- Time of entry: 3:43pm
- Lot Size: 0.23
- Risk: 0.5% ($50)
- TP: Trailing profit

Post Analysis:-


- Trade closed with a loss of $50.02












3 Sept 2021

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.