18 Dec 2024 (Trade Example): NZDCHF

 NZDCHF short trade on 18/12/24

- Strength meter NZD = -5, CHF = 0

- Time of entry around 11:00pm (New York session)

- Immediate strength meter 

- Update:-

15 Jul 2024 (Trade Example): NZDCHF

 NZDCHF short trade on 15/7/24

- NZDCHF short trade on A grade classification.

- Entry @ 2:00pm using M15 timeframe

16 May 2024 (Trade Example): NZDCHF

 NZDCHF long trade on 16/5/24

- All pairs in NZD group show that NZD was strong. This trade classified as grade A. Correlation shown below:-

- Strength meter:-

- Trade based on H1 time frame

- Enter a trade around 8:30pm (New York session)

5 Oct 2023 (Trade Example): NZDCHF

 NZDCHF long trade on 5/10/23

- Entry time 9:00am

- Has to be an aggressive trade even trend not completely turn to an uptrend, as price successfully testing back the bag holding area. 

28 Feb 2023: NZDCHF

 NZDCHF long trade on 28/2/23

Pre-Analysis

- Strength meter: -

Entry

- VSA chart system: -

- Entry time 11:02pm

- Risk 0.25%

- Exit plan, TP @ 0.58300 for approx. 2R profit.

Post Analysis

- Hit TP 

- Note on emotion during trade, a little bit chaos and unstable. This resulting in entry not at the best price. Can get a little bit lower price.

- Stop need to consider for a little tight for better risk-reward.

- Missed more profits as price went up beyond 0.58300.

- Overall, on trade direction I got it right but need improvement on controlling my emotion during time to enter a trade.

- Need more improvement on taking profits, so far often missed a big chunk of profits.

- There was a better trade than this, NZDCAD long trade and it supported by major news event related to CAD (GDP m/m)

- Update: -

- If this trade hold until end of 1/3/23 trading day max profit will be 4.9R

26 Oct 2022 (Trade Example): NZDCHF

 NZDCHF long trade on 26/10/22

VSA chart

Entry:-

- Entry time 1:30pm

- Max profits 4.45R

13 Sept 2022 (Trade Example): NZDCHF

 NZDCHF short trade on 13/9/22 based on cheese trade.

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

- Approx. time of entry 10:54pm (during New York session).

- Trade able to give 2.89R profits max.

Update:-

- All of NZD pairs when entry happen.

1 Sept 2022: NZDCHF

 NZDCHF short trade on 1/9/22

Pre-Analysis:-

- CHF was the strongest currency. All CHF pairs broke either New York or Asia trading session.

- Entry during London session, time of entry 4:26pm

- Target 2R profits

- Risk 0.5% of account balance.

Post Analysis:-

- Trade ended with loss.

- Full loss.

- Mistake by me on entering this trade.

- Range that developed not broke to the downside, it was broke to the upside.

- Supposed no trade on this.

29 Jul 2022 (Trade Example): NZDCHF

 NZDCHF short trade on 29/7/22

- CHF currency fall in strong correlation but NZD just slightly week compared to CHF, thus this trade should aim at only 1R target profit. Entry during London session, approx. time of entry 5:30pm. Finally this trade able to give 1R profit.

21 Feb 2022: NZDCHF

 NZDCHF short trade on 21/2/22

Pre-Analysis:-

Entry:-

Post Analysis:-

- Although trade made some profit but the setup was not the best setup.

- VSA principles appear not on the extreme area, previous drop unable to make a new low, suggested that level not an important level.

- Try to find something at an important level for trading.

- In this case take profit at the immediate previous low.

10 Jan 2022: NZDCHF (Trade Example)

 This is NZDCHF long trade that can be taken on 10/01/22

- The VSA principle appear very near to previous support.

Update:-

- Possible close trade with profit (following trailing stop)

13 Sept 2021 (Trade Example): NZDCHF (long)

 Trade example NZDCHF (long trade). Trade base on pullback & correlation.

Pre-Analysis:-

Correlation:- NZDCHF (11 / 4), suitable for long trade.

Market State:- Buyer's territory

Trading Plan:-

- Read pullback carefully. 

- Wait for V formation & test after that

- If test show it can hold than entry maybe taken from there. Another thing is market opening hour, trade best taken when market active.

Post Analysis:-

- Trade achieve max profit of 2.09R

- In the actual trade, the challenges came from exiting trade. Should I close the trade at recent high or wait to see if price can break the high?

- For my FTMO challenge account I have set that profit will be taken at 2R. I should follow the plan. 

- Timing for this trade was good.

25 August 2021: NZDCHF (long trade)

 NZDCHF long trade

Pre-Analysis:-

Correlation:- NZDCHF (14/4), 

Session Breaks:- NZD broke Asia session with strong sentiment (4 pairs). While CHF broke NY session with weak sentiment (5 pairs). Notice on different session breaks.

Fundamental:- NZD news on 24 Aug 2021, retail sales (qoq) (q2) is better 3.3% compare to previous quarter 2.8%.

No news for CHF.

Trading Plan:-

Trade Classification:- B trade

(correlation & fundamental news give confident for NZDCHF long trade. but session breaks a bit not align as NZD group broke Asia session while CHF broke NY session. therefore B class trade was classified.)

Entry:-

Pullback:-

- all sellers marked with (1) (2) (3) (4). sellers unable to make lower low

- small range develop just after seller (4) failed, first entry (A) initiate after that range.

- second entry at (B)

Risk:- 

Trade (A) with 1% risk

Trade (B) with 0.5% risk

Post Analysis:-

- entry was not good

- should not entry for second time

- re-look entry at before seller (4), as shock buyer perform before seller (3), small range occur after that also there is probe went down the small range.

- if entry was made at that point, this trade will give profit provided stay hold onto it even the price try to come back down.

- trade (A) if I hold, it will hit stop anyway.

- trade (B) I have no explanation why I made it, this need to be avoided.

- this is example of a trade that has potential to profit but lack of skill will lead to poor entry and will also damage your account.