26 Dec 2024 (Trade Example): EURNZD

 EURNZD long trade on 26/12/24

- Strength meter EUR = +3, NZD = -6

- Entry time around 8:45pm (New York session)

- Immediate strength meter 

- note: missed this trade as I'm lack of focus. All trade that I missed due to my concentration. Need a lot of improvement.

18 Dec 2024 (Trade Example): EURNZD

 EURNZD long trade on 18/12/24

- Strength meter EUR = +3, NZD = -5

- Entry time around 9:00am (Asian session)

- Immediate strength meter

- Update:-

5 Nov 2024: EURNZD

 EURNZD long trade on 5/11/24

Pre-Analysis:-

- Daily chart

- H4 timeframe, that was the time I thought V formation formed.

- State of market that time was an upward channel, and price somewhere near the bottom channel.

Entry:-

- Entry time 9:02am (Asia session)

- Immediate strength meter

Post Analysis:-

- V formation was not there, or at least not a clear cut V formation.

- Never enter a trade without V formation.

- Mistake again, stop this blunder or you will lost your account. This is your last account, make it please.

23 Aug 2024 (Trade Example): EURNZD

 EURNZD short trade on 23/8/24

- Entry @ 5:00pm using M15 time frame.

Update (1/9/24) :-

27 July 2023 (Trade Example): EURNZD

 EURNZD short trade on 27/07/23

- 2 entry opportunities

- 1st entry @ 8:00am

- 2nd entry @ 7:00pm

- Entry timeframe H1

- Possible max. profit 1st entry (3.86R), 2nd entry (3.25R)

14 Mar 2023: EURNZD

 EURNZD short trade on 14/3/23

Pre-Analysis

- Currency strength & correlation: -

Entry

- VSA system chart: -

- Entry time 7:25pm

- Risk 0.25%

Post Analysis

- Stop out. Got spike on the important news event related to US CPI data.

- Should careful when correlation was tight and pending important news event.

- More of try my luck trade.

- Price after stopping out

26 Sept 2022 (Trade Example): EURNZD

 EURNZD long trade on 26/9/22

- NZD was one of the weakest currency. Prior to entry we can see majority of NZD pairs try to broke Asia session and show weakness.

- Strength meter shows EUR stronger than NZD, but this trade should taken with extra careful as both currency in very tight reading according to strength meter. Maybe this trade we can target as 1R trade only.

Entry:-

- Correlation during entry

- Time of entry 11:45pm

- Trade able to give max profits of 1.76R

- Note: I missed this trade, as I scratched CHFJPY short trade I closed all terminal and decided to get a rest. If i continue to research maybe I found this trade and able to recoup small loses on CHFJPY trade and also ended the day with positive result.

- Need to look around for possible opportunity, but maybe after exhausted then my mind no longer able to focus on trading.

21 Sept 2022: EURNZD

 EURNZD short trade on 21/9/22

Pre-Analysis:-

- EUR was the weakest currency across the board.

- Strength meter

Entry:-

- Entry time 4:27pm

- Risk 0.5% of account balance

- Target 1R

- Entry based on "Cluster of Closes" (COC) signal.

Post Analysis:-

- I scratch this trade as I realised mistake has been made.

- The break of COC not strong but I still entry for this, this was a cardinal mistake and cost me.

- Chart when I scratched this

26 Aug 2022 (Trade Example): EURNZD

 EURNZD long trade on 26/8/22

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

- Possible entry during New York session, approx. entry time 9:00pm

- Trade able to gain 2R profits.

- If trade can be manage accordingly profits may reach more than 2R.

4 Aug 2022 (Trade Example): EURNZD

 EURNZD short trade on 4/8/22

- Correlation wise NZD stronger than EUR, and EUR was the weakest currency across the board. Target profit for this trade could be 2R. Entry during Asian session approx. time 8:40am

Update:- 

- Trade able to give 2R profit.

- I missed this trade due to lack of preparation on Asian session.

- I hesitate to take this trade as I am late to do my analysis. Start early then.

27 July 2021: EURNZD (long trade)

 Sample trade that can be taken on 27 July 2021.

Pre Analysis:-

Correlation:- EURNZD (6 / 5), tight correlation.

Market State:- referring to H4 chart, price traded on a big range and price traded near the bottom of the range. This shows long trade was logic.

Session:- NZD broke the Asia session (weak) on all of it pairs.

Fundamental:- there was no new fundamental news released, all news sentiment was about 1 or 2 weeks old.

Trading Plan:-

Trade classification:- B trade

Entry:- wait for pullback/digestion & money spot.

Exit:- trail the profit for max 

Time of entry:- around 8:00pm (NY opening)

Chart:-

Post Analysis:-

My mistake:-

- I did not focus on market opening in this case NY opening.

- I need to prepare 30 minutes before opening hours be it NY or Frankfurt/London.