Showing posts with label VSA Trade. Show all posts
Showing posts with label VSA Trade. Show all posts

22 Apr 2022

21 Apr 2022: USDJPY

 USDJPY long trade based on VSA 21/4/22

Pre-Analysis:-




Entry:-


Post Analysis:-











19 Apr 2022

19 Apr 2022: AUDJPY

 AUDJPY long trade on 19/4/22 based on VSA

Pre-Analysis:-


- AUDJPY in uptrend. The pair also in trend alignment  for daily, 4 hour & hourly timeframe.
- Correlation also support this trade as JPY was the weakest currency.




- Plan to take profit at the previous high (resistance area), price already move up significantly and may correct deeply.

Entry:-


Post Analysis:-

- I closed the trade as planned, profit took at previous high.
- I decided so because I think this move already a secondary move before deep correction happen.
- Price in actual move higher a little bit and reach max profit of 3R. 
- After that price retrace and could hit trailing stop loss if I used it. The amount was approx the same as my exit point.








 




18 Apr 2022 (Trade Example): CADJPY

 CADJPY long trade available on 18/4/22. Trade based on VSA.


- Trend alignment established on daily, 4 hour & hourly timeframe.
- Correlation also support this trade. CAD was in the second strongest currency while JPY in the weakest currency.


- Update (20/4/22)

- This trade able to give 10R profit.
- I missed again.









12 Jan 2022

12 Jan 2022: EURAUD (Trade Example - Short)

 Short trade on EURAUD 12/01/22




Update:-

- Possible closed trade with profit








11 Jan 2022: Trade Example GBPUSD & USDCAD

2 trade example on 11 Jan 2022, GBPUSD (long trade) and USDCAD (short trade)

GBPUSD:-



Update:-

- Trade can possibly close with profit





USDCAD:-



Update:-

- Trade could end up profit






11 Jan 2022

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)








6 Oct 2021

5 oct 2021: GPBUSD

 GBPUSD long trade

Pre-Analysis:-


Entry:-


- Setup no supply (ns) bar with success test
- ns bar with low volume, next bar close higher than ns bar.
- Entry after success test of ns bar
- Risk 1%
- TP at 2R profit

Post Analysis:-


- Price attempted to go high but failed
- An effort bar (ef) also show failed.
- When price aggressively turn toward stop, I decided to close and took small loss.
- Monitoring was good and able to manage this trade to only a small loss.


- Below is trade example, EURCAD (short) that perform better.
- Time of entry:- 3:00pm
- Potential max profit 4.73R












5 Oct 2021

4 Oct 2021: GBPJPY

 GBPJPY short trade base on Wyckoff VSA principle.

Pre-Analysis:-


Entry:-


Post Analysis:-


- Loss trade (stop triggered)
- There was one element that I broke, which is price from H1 not below MA.
- As a rule base system trading, follow exactly the "TRADING RULES".
- This loss can be avoided.
- Below there is trade example that give profit with all rules been follow.


Trade example, EURCHF short:-

- Time of entry:- 7:15pm
- Setup:- no demand (nd) confirmation
- H1 timeframe also show price below trigger number and MA
- Potential profit of max 6R











3 Oct 2021

1 Oct 2021: GBPCHF

 GBPCHF short trade base on Wyckoff VSA principle.

Pre-Analysis:-


Entry:-


- Price trade below trigger number & below MA
- Set-up on no demand (nd) bar. The (nd) bar was confirm & entry can be made after that.
- Risk 1%
- Entry time: 12:00am

Post Analysis:-


- Trade went 2.68R max profit.
- My mistake was not set the TP at 2R as early plan for this FTMO account.
- Trade also execute with lot of pressure when I need to take care of my autistic boy.
- When price move back aggressively to my entry point, I started to freak out and finally settle for $115.79 profit only.
- This was purely my mistake and also a loss.









30 Sept 2021

29 Sept 2021 (Trade Example): NZDUSD

 Trade example NZDUSD short trade.




- Trade has potential to give 5.85R profit.
- Trade also performed smoothly from the beginning.
- I was stuck with unproductive task of handling parcel for delivery. The time of entry at around 5:30pm I was on the way to wait for delivery guy.
- Time has been wasted and very good trade was missed. WHAT A LOSS!!!






28 Sept 2021: GBPUSD

 GBPUSD long trade base on Wyckoff VSA principle.

Pre-Analysis:-

- Climactic volume appear as shown on the chart.
- Price broke higher than wide spread bar.
- Pullback happen, entry can be taken on no supply setup.

Entry:-

- The no supply (ns) bar appear 2 times.
- First bar the test was failed
- Second bar also the test failed.
- Entry made base on assumption that effort (ef) as the hint that price might go higher.

Post Analysis:-

- Assumption of effort bar (ef) as hint was wrong.
- Price attempt to go high but eventually went back.
- I was lucky to close trade with small profit.
- Never assume anything, stick to pre-define setup, in this case success test after no supply (ns) bar.
- If test failed than take no trade, stay aside.









28 Sept 2021

27 Sept 2021: GBPNZD

 GBPNZD long trade base on Wyckoff VSA principle.

Pre-Analysis:-

- Climactic volume & wide spread bar as marked with arrow.
- Price broke high of wide spread bar 2 times. 2nd time it test high of wide spread bar.
- Price hold at high of wide spread bar.
- Entry could be at no supply bar that show success test.

Entry:-

- No supply bar with success test appear, entry after success test bar.
- Entry price: 1.94802
- Time: 1:00pm
- Position Size: 0.47
- Risk: 1% 
- Stop: 1.94592 (21 pips)

Post Analysis:-

- Exit at 1.95476 (4:35pm) (67 pips)
- Roughly 3.19R profit
- Exit made out of fear, fear of price might drop back.
- Proper exit need to be execute. No indicator sign of weakness appear therefore trade should not close at that time.
- Should trade be carry foreword potential of 4.77R profit can be made.



 









27 Sept 2021

24 Sept 2021 (Trade Example): NZDCAD

 NZDCAD long trade base on Wyckoff  VSA principle.

Pre- Analysis:-

- Uptrust (sign of weakness) with very high volume as shown with red arrow mark.
- Price broke low of uptrust bar and confirm the weakness.
- Pullback happen, price move up to low of uptrust bar.

Entry:-

- Entry with no demand bar.
- Confirm no demand bar with change of behaviour to downside
- Stop maybe be place right above no demand bar.
- Profit can be trail for max.

Post Analysis:-