19 Dec 2024 (Trade Example): EURJPY

 EURJPY long trade on 19/12/24

-Strength meter EUR = +3, JPY = -1

- Entry time 2:00pm

- Immediate strength meter 

- Update:-

29 Nov 2024 (Trade Example): EURJPY

 EURJPY short trade on 29/11/24

- Trade based on H1 timeframe.

- Strength meter EUR = -5, JPY = +7

- Immediate strength meter:

- Entry time 8:00am (Asian session)

- All pairs strength meter:

- Note: I should started my day around 6:00am. This will make me prepared to trade on Asian session when setup appears. Asian currency tend to setup during this session. Missed opportunity again!

8 Nov 2024 (Trade Example): EURJPY

 EURJPY short trade on 8/11/24

- Trade based on counter trend using H4 timeframe.

- The story was 'store' unable to attract more buyer to buy this, therefore in their mindset they might dumb the products/ give discounts to find buyers.

- We can plan to dumb as well considering price may drop following 'store' mindset.

- Strength meter: 

- Entry time around 11:00am (Asia session)

- Immediate strength meter:

- Exit plan, possible to target previous area where price launch.

30 Oct 2024 (Trade Example): EURJPY

 EURJPY long trade on 30/10/24

Entry:-

- Entry time around 10:30pm

- note: I hesitated to take this trade, was there looking for this setup. What a miss.

19 July 2023 (Trade Example): EURJPY

 EURJPY long trade on 19/07/23

- Entry

- Entry time 9:45am

- Potential profit 6.55R

10 May 2023 (Trade Example): EURJPY

 EURJPY short trade on 10/5/23

- Entry time around 8:00pm

- Max profit 5.22R end of trading day.

- Price continue to drop the next trading day, boost profit beyond 5R.

Update: -

- Price dropped until hit max. 10R profit at the end of next trading day (11/5/23).

 

30 Mar 2023 (Trade Example): EURJPY

 EURJPY long trade on 30/3/23

- Entry time 7:45pm

- Max profit 5.94R

2 Mar 2023: EURJPY

 EURJPY short trade on 2/3/23

Pre-Analysis

- Currency strength & correlation: -

Entry

- VSA chart system: -

- Entry time 5:56pm

- Risk 0.25%

Post Analysis

- Scratch this trade

- When price went against my entry, then I started to lost hope that this trade was right.

- Emotional note: taken trade when my mind distracted by other things, i.e., coffee time. Trade also taken out of FOMO.

- On correlation aspect, look at the strength chart EUR still stronger than JPY, then why took a trade? That me to be blame for taking this trade.

- Direction might be right, technical aspect might be right but I'm wrong on TIMING.

- Be patience on timing the entry.

- Update: this trade can give profit should I time it correctly.

- Entry time should be around 10:25pm

- This can give max 1.98R profit with holding this trade until next trading day.

- VSA chart system: -

- Currency strength: -

20 Feb 2023: EURJPY

 EURJPY short trade on 20/1/23

Pre-Analysis

-VSA chart system: -

Entry

- Strength meter

- Time of entry 7:21pm

- Risk 0.25%

- Exit plan @ 142.885 for approx. 1.4R profits

Post Analysis

- Trade stop out

- Full risk

- My state of mind was I am not sure whether to scratch this trade or not. I am not certain what was the right decision. (Time was around midnight).

- Correlation strength was not favoring JPY during New York trading session. It was dropped during London session but lost momentum when New York open.

- Price after trade was closed

23 Nov 2023 (Trade Example): EURJPY

 EURJPY short trade on 23/11/22

- EUR currency got some very high volume activity

- EURJPY chart at important resistance level 

- VSA chart (15 minutes) shows sign of weakness principle.

- Entry

- Time of entry 8:45pm

- Max profits 4.14R

- Trade classification, A trade (SOW with confirmation, price at important resistance level).

17 Oct 2022 (Trade Example): EURJPY

 EURJPY long trade on 17/10/22

- Time of entry 5:00pm

- I missed this trade as I waited for retest of MHV setup but it did not materialise. This trade appeared in front of me but as I waited for the confirmation, price just shoot up without doing a retest, so I missed this good trade.

29 Aug 2022 (Trading Example): EURJPY

 EURJPY long trade on 29/8/22

- EUR was the strongest currency across the board. All EUR pairs broke Asia session.

- This trade able to gain 2R profits.

- I missed again this kind of trade.

- Need to focus, nothing will come easily.