Showing posts with label Win. Show all posts
Showing posts with label Win. Show all posts

4 Jun 2025

2 June 2025: USDJPY

 USDJPY short trade on 2/6/25

Pre-Analysis:

- Trade based on H4 timeframe, price trending down.

- Strength meter USD = -4, JPY = -6

- Risk $10, exit plan was at the previous price that shoot up.


Entry:

- Time of entry 1:57pm
- Immediate strength meter.





Post Analysis:

- Exit with 1.5R (full exit).
- Closed trade while I am facing my son meltdown while at Marrybrown outlet. 
- Distracted and made decision under pressure, ignore my trading plan to hold until price reach previous swing up level.
- Missed a few pips only, lucky.
- That is difficulty while me juggling with trading and taking care of my autistic son. So stressed.


- While I should look into EURUSD for a long trade.
- It's strength meter was, EUR = +1 USD = -6



1 Jun 2025

30 May 2025: AUDCAD

 AUDCAD short trade on 30/5/25

Pre-Analysis:

- Trade based on daily timeframe, with price in downtrend.

- Strength meter AUD = -4, CAD = -3

- This trade based solely on design, so I will not hold long to it and may protect capital quickly.

- Risk $10, exit plan at previous price level that shoot up.

- I enter trade prior to important release related to CAD (GDP m/m).


Entry:

- Entry time 7:46pm



- Immediate strength meter 



Post Analysis:

- Exited with profit 0.7R
- I have to close position as I am about to sleep and don't want to hold position over the weekend.
- Everything follow what was planned. 
- The outcome was tiny but I accept it. Ready for next week.

25 May 2025

20 May 2025: USDCHF

 USDCHF short on 20/5/25

Pre-Analysis:

- Trade based on daily downtrend.


- Strength meter was USD = -6, CHF = +7
- Strength meter chart on 20/5.
- Risk $10. Exit at previous price where it swing up.



Entry:

- Time of entry 10:28pm (New York session)
- Immediate strength meter 





Post Analysis:

- Trade was successful.
- Trade also turn against me at the beginning, thanks as I hold on and ready to accept if this may fail.
- Made 2 exit 


- Total profit $34.18 for a 3.4R


- How price went after I booked profit


- I might hold the remaining position after closed the first 0.02 lot, this still will give me more as price may drop further down.

12 Apr 2025

10 Apr 2025: EURUSD

 EURUSD long trade on 10/4/25

Pre-Analysis:

- Both daily and H4 timeframe was on uptrend. The idea was to wait for pullback and time a buy entry should it continue in uptrend.

- Strength meter in daily: EUR = +5, USD = -2. For H4: EUR = +4, USD = -2.

- Risk $10

- Take profit plan, consider to take at previous high.

- News release consideration was on US CPI data (release on 10/4 8:30pm)


Entry:

- Entry time 3:33pm (London session)


- Immediate strength meter 


Post Analysis:

- Consider as good entry and execution, time it perfectly.
- Only able to extract 1.7R profit only.
- Possible max profit at the end of week is 10R, as price reach as high as 1.14742
- While entry was good but I leave huge money on the table.
- I exited my position due to fear that I will loose those 1.7R profit should price reverse back.
- Should I consider to wait for break of new high before considering taking profit?. 
- Fear because of my previous trade turn against me after hitting some 2R profit while I am considering to target breakout to a new
 high level.
- Taking profits also need to be master.


- Update (22/4/25)

19 Mar 2025

17 Mar 2025: EURUSD

 EURUSD long trade on 17/3/25

Pre-Analysis:

- Trade based on H4 timeframe, using trend pullback setup.

- Currency strength EUR = +7, USD = -5

- Risk $10

- Exit plan, I target to take profit when price make new high on H4 timeframe.


Entry:

- Time of entry 5:39pm


- Immediate strength meter 


Post Analysis:

- Closed with miniscule profit.
- Price move until 2R profit value, but I stay with my plan to wait for new high to book a profit.
- I also move my stop at break even on 17/3/25 trading day.
- Entry price can be improve by taking an entry inside small range that occur before price launch.
- On next day, during London session price aggressively went back to my entry level, this made me decided to close as a measure to capital protection.
- This trade management maybe different if I take partial profit at previous high and let the trade run if price able to break previous high.
- Maybe on future trade I should take partial profit.

21 Feb 2025

19 Feb 2025: CHFJPY

 CHFJPY short trade on 19/2/25

Pre-Analysis:

- Trade based on H4 timeframe trend pullback.

- Risk $10 with plan to exit at the previous low.

- Feel kind of 50-50 this trade will work, not confident enough on this.

Entry:

- Entry time 3:08pm


- Immediate strength meter 


Post Analysis:

- Scratch this trade.
- I have no confident this will work, my thoughts process has been shattered by past trade that mistakenly enter with wrong trade size.
- In actual, this trade has worked and able to give profit 
- Need to boost my confidence on taking those trade.
- I'm very vulnerable at this point of time. So much pressure to perform. Very stress, desperate to proof that I'm a trader.


18 Jan 2025

17 Jan 2025: AUDUSD

 AUDUSD short trade on 17/1/25

Pre-Analysis:

- Currency strength meter AUD = -1, USD = +5

- Risk $10, target profit 2R


Entry:

- Entry time 8:30pm


-  Immediate strength meter 



Post Analysis:

- Another scratched trade.
- Had to as immediate strength meter show USD suddenly dropped it strength. While AUD gaining strength rapidly.
- No guess, no hesitation just scratch as I don't want to lose more.
- Lucky got tiny profit, if not sure $10 will gone.


- Immediate strength meter when I scratch this trade



- This trading week I gain total of $15.92 profit. My account balance is $4894.
- Need another $102 to get back at original $5000.

17 Jan 2025

16 Jan 2025: GBPJPY

 GBPJPY short trade on 16/1/25

Pre-Analysis:

- Currency strength meter GBP = -7, JPY = +5

- Following yesterday trade on this pair, I saw an opportunity again to short. After analyzing all the data and information I decided to trade this during Asian session.

- Risk $10, exit plan at 2R profit level, scratch this trade if data from immediate strength meter doesn't support this trade anymore.


Entry:

- Entry time 9:12am (trade was the second in this chart)


- Immediate strength meter 



Post Analysis:

- Preparation was good. This time I'm totally focus. Check everything to ensure I didn't miss this opportunity.
- Feel so good to catch this smooth trade. Need more of this kind of trade and consistently profit from it. Surely I'm on my way to recover this account.
- Often I missed trade during Asian session. But not today. Happy.




16 Jan 2025

14 Jan 2025: GBPUSD

 GBPUSD short trade on 14/1/25

Pre-Analysis:

- Currency strength meter GBP = -7, USD = +7

- Exit plan at 2R profit.

- Aware of important news release related to USD (Core PPI m/m and PPI m/m)


Entry:

- Entry time 8:43pm, before news release.
- Immediate strength meter 





Post Analysis:

- Scratched trade as price not drop as I expected and also influenced by data release PPI that not favored USD currency.
- Lucky to grab a little profit as I'm scratching it.
- Price not drop and surely hit my stop if I didn't scratch this trade.
- Made my decision swiftly and without hesitation.



10 Jan 2025

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)