27 Dec 2024 (Trade Example): GBPAUD

 GBPAUD long trade on 27/12/24

- Strength meter GBP = +2, AUD = -4

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

- Immediate strength meter 

17 Dec 2024 (Trade Example): GBPAUD

 GBPAUD long trade on 17/12/24

- Strength meter GBP = +4, AUD = -3

- Entry time 3:00pm, supported also by news event of UK claimant count change.

- Immediate strength meter 

Update:-

1 Feb 2024 (Trade Example): GBPAUD

 GBPAUD long trade on 1/2/24

- Entry time 12:00pm

- Entry time frame H1

9 Feb 2023: GBPAUD

 GBPAUD long trade on 9/2/23

Pre-Analysis

Entry

- Entry time 4:40pm

- Risk 0.25%

- Exit plan, TP @ 1.74575 for approx. 2.09R

Post Analysis

- Closed trade for breakeven.

- Reason for close, I saw price pullback toward my entry point and to protect from loss.

- Price went up again after touch around my entry point, I loss opportunity to make profits again.

- Mastering trade exit is a must now.

- Price after I closed this trade

28 Oct 2022 (Trade Example): GBPAUD

 GBPAUD long trade on 28/10/22

- Trend align for all timeframe (D1, H4, H1 & M15). Trend align for upside movement.

- Entry time 5:15pm

- Max profits 4.04R

17 Aug 2022 (Trade Example): GBPAUD

 GBPAUD long trade on 17/8/22

- AUD shows weakness, majority AUD pairs broke previous New York trading session.

- Entry during London session approx. time 3:30pm

- Trade able to gain 2R profits, even more than that.

12 Aug 2022 (Trade Example): NZDJPY

 NZDJPY long trade on 12/8/22

This trade maybe unable to reach 2R profits, here was the closed market on Friday for this chart.

Alternatively, I can look onto GBP group as this currency was the weakest currency across the board and all the pairs broke the Asian session level.

The pairs that give good trade was GBPAUD going for a short trade.

23 June 2022 (Trade Example): GBPAUD

 GBPAUD long trade on 23/6/22

Strength number GBPAUD (+1, -6)

- Entry at around 10:00pm 23/6/22

Update:-

- Trade unable to gained profit but at least close with breakeven or the worse is with small loss.

15 June 2022 (Trade Example): GBPAUD

 GBPAUD short trade on 16/6/22

- Strength number GBPAUD (-7, -2). Although the AUD number still in -ve but it shown significant improvement from -6. This show AUD gaining some strength.

Update:-

- Trade may close on 16/6/22 around 3:00pm

- Trade able to reach some profits.

25 May 2022: GBPAUD

 GBPAUD short trade on 25/5/22

Post Analysis:-

- Trade closed with loss

- Full loss of 0.4% risk

- There was no trend in this pair. My mistake was not checking trend state of this pair on daily

- Daily chart shown range bound state of market, it should be trading on different approach on range.

- I using trend pullback method on range bound market, wrong approach.

Trade Example: GBPAUD

 GBPAUD short trade that can be taken on 9/2/22

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.