8 Jan 2025: NZDUSD

 NZDUSD short trade on 8/1/25

Pre-Analysis:

- Strength meter NZD = -2, USD = +4

- Exit plan at 2R profit, with $10 risk.

Entry:

- Entry time 4:04pm (London session)

- Immediate strength meter

Post Analysis:

- Price dropped as expected.

- Took this trade calmly, I have checked everything I need to check.

- Feel confident on this trade.

- There was another trade that give great risk to reward compared to this trade, GBPCAD short. I documented it on other post.

- Keep this momentum moving in the hope to get my account balance back to initial level before thinking to reach 6% profit target.

- Update (12/1/25)

31 Dec 2024 (Trade Example): NZDUSD

 NZDUSD short trade on 31/12/24

- Strength meter NZD = -5, USD = +7

- Entry time around 8:00pm

- Immediate strength meter 

27 Nov 2023 (Trade Example): NZDUSD

 NZDUSD long trade on 27/11/23

- Entry time 6:30pm

- Entry based on H1 time frame

- Using M15 time frame for entry refining

- H4 in trend

9 Oct 2023 (Trade Example): NZDUSD

 NZDUSD long trade on 9/10/23

- Trade base on high impact news

- Entry time 8:00pm

14 Aug 2023 (Trade Example): NZDUSD

 NZDUSD short trade on 14/08/23

- Entry time 8:00am

- Entry timeframe H1

- Max. possible profit 5.87R

2 Aug 2023 (Trade Example): NZDUSD

 NZDUSD short trade on 2/08/23

- NZD group broke New York session with important news release at 6:45am. Finally during 2/08/23 New York session trade set up appeared.

- Entry time 7:00pm

- Entry timeframe H1

- Max. possible profit 2.61R

2 June 2023 (Trade Example): NZDUSD & GBPNZD

 NZDUSD long trade on 2/6/23

- Entry time 10:00am (Asian trading session)

GBPNZD short trade on 2/6/23

- Entry time 10:00am ( Asian trading session)

- Note: this is counter trend trading.

11 May 2023 (Trade Example): NZDUSD

 NZDUSD short trade on 11/5/23

- Possible 2 entries for this trade.

- First trade entry time around 2:00pm, trade then can be closed at 2.74R profit following strength indicator and standby for news release related to USD at 8:30pm

- Second  trade entry time around 9:00pm after news release and got confirmation on weakness. As at this time of writing profit hit 4.64R

Update:-

- Trade able to achieved 5.97R max profit at the end of 12/5/23 trading day.

13 Feb 2023: NZDUSD

 NZDUSD long trade on 13/2/23

Pre-Analysis

Entry

- Time of entry 4:08pm

- Risk 0.25%

- Exit plan TP @ 0.64000 for approx. 2.8R

Post Analysis

- Scratch the trade for very small profits.

- Trade went up close to 1.5R profits but I did not close.

- Then on 14/2/23 there was news event related to NZD, inflation expectations q/q and price went down drastically, which finally hit breakeven.

- I should cash out, focus on one trading day only, it is very hard to trailing the profits.

- Price after I closed trade

20 Dec 2022: NZDUSD

 NZDUSD short trade 20/12/22

Pre-Analysis

- NZDUSD 15 min chart got sign of weakness (SOW). Volume was ultra-high. Looking for a short trade.

- Entry

- Time of entry 5:15pm

- Risk 0.25%

Post-Analysis

- I scratched this trade with very small profits.

- Plan to swing this trade, but then during New York session price reverse back towards my entry.

- This made me think this trade will not work and decided to close.

- 2 options I can use, first move stop to breakeven (this trade may survive and will give benefit of swing trade). Second, I can be opted for a day trade, stop might be tighten and take profits at the recent low.

- I am changing my trading style to day trade after this, try to take profits at the region of 2R or 3R only instead of swing for bigger profits.

- Try to realize profits within the same trading day to boost confident.

  

- Update on price chart (21/12/22)

- It seems if I move stop at breakeven this trade still alive.

2 Dec 2022 (Trade Example): NZDUSD

 NZDUSD long trade on 2/12/22

- NZDUSD trending up at least for higher timeframe H4 and D1. On M15 chart, SOS appeared.

- Entry:-

- Time of entry 10:30pm

- Max profits 1.37R (M15)

- Trade classification, C trade: SOS with confirmation but there was no change in behaviour during entry time.

- Risk 0.25%

30 Nov 2022 (Trade Example): NZDUSD

 NZDUSD long trade on 30/11/22

- NZDUSD on up trending, higher timeframe also show price at important support level (D1) and (H1) also price at support level. There was a potential A class trade.

- VSA chart:-

- Entry

- Entry time approx. 8:45am

- Max profits 2.82R

- Risk 1% (A class trade)

- A class trade as price at important support level, SOS with confirmation and change in behaviour to the upside.

24 Oct 2022: NZDUSD

 NZDUSD short trade on 24/10/22

Pre-Analysis:-

- VSA chart

Entry:-

Post Analysis:-

- Trade closed with loss

- Full loss of 0.5% risk

- This was a cardinal mistake again, there was no trend alignment from multiple timeframe.

- Short trade was not supported by trend alignment to the downside.

21 Oct 2022 (Trade Example): NZDUSD

 NZDUSD short trade on 21/10/22

- VSA chart:-

- Entry:-

- Entry time 4:00pm

- Max profits 3.92R

- In real situation trade may closed at around 1R or breakeven, as price rapidly change direction.

- Through proper trade management this trade should not closed with loss.

16 Aug 2022 (Trade Example): NZDUSD

 NZDUSD short trade on 16/8/22

- USD was the strongest currency while NZD was the weakest currency across the board. Majority pairs on both currencies show price broke previous trading session of Asian.

- Entry during London session approx. time 5:30pm

Update:-

- Trade only able to reach 1R profits max.

- Some psychology issue will test my trade management, whether I need to accept profit at 1R or set for breakeven.

- In this case taking 1R profits of course better than breakeven.