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.









1 Oct 2021

30 Sept 2021 (Trading Example): EURCAD

Trade example EURCAD short trade



- Potential max profit 10.96R
- Time of entry 10:00am

Below are 2 other trade example:-

USDJPY (short trade):- 



- This trade did not work out.
- But it can be manage to scratch with less than intended stop loss.
- Time of entry 12:30pm

EURGBP (short trade):-



- Max potential profit 2.19R
- Time of entry 8:00pm

















 

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.