8 Oct 2021

7 Oct 2021: GBPJPY

 GBPJPY short trade

Pre-Analysis:-


Entry:-


- Entry on uptrust (ut) bar set up.
- After second uptrust bar, price close lower but volume seem only equal to volume of uptrust bar.
- Risk 1%

Post Analysis:-


- Another loss trade.
- Volume after the uptrust bar should higher.
- This might also I read this chart all wrong, price seem to up trending rather than down.
- I have decided to trade with min lot size for the remaining trading day to qualify for repeat account.
- Seem I have difficulties to reach 10% profit within 30 days. I can feel the pressure.
- Keep research and observe the market to make a better trade.
- Still not going to give up, sure I will able to get funded account.


- Below is trade example for USDCAD short.
- Time of entry 6:15pm
- Max potential profit 1.96R













7 Oct 2021

6 Oct 2021: EURJPY

 EURJPY long trade

Pre-Analysis:-

Entry:-


- Entry after success test of no supply bar (ns)
- But the volume was low compared to no supply bar volume.
- Entry time: 11:43am
- Risk: 1% ($ 100)

Post-Analysis:-


- I have to scratch this trade, as price came back down to my stop.
- Trade close with approx. $ 30 loss.
- I took this trade without scan all the currency, when I saw this set up I immediately prepare for entry.
- I did not scan the NZD group as this group set up for more interesting opportunity following some activity after news release of interest rate.
- I need to scan all currencies pair to discover possible good entry.
- Furthermore the setup for this trade did not show increase volume after ns bar test.
- This trade should not be taken and loss can be avoided.


- Below is NZDCHF short trade that give good profit.
- Time of entry: 1:45pm
- Potential max profit 4.37R















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