25 Oct 2021 (Trade Example): GBPCHF

 GBPCHF long trade

Pre Analysis:-

- Pound futures contract show widespread down bar on climactic volume.

- Try to find any GBP pair with sign of strength.

- GBPCHF has widespread down bar with climactic volume

- As shown above the climactic action happen at old support area to the left of chart.

- This maybe suitable for a long trade.

Entry:-

- After climactic action price found support and went up

- Finally price broke the high of climactic bar.

- We can now wait for no supply test for entry.

- Entry on successful test bar at time around 12:45am (26 Oct 2021)

- Entry: 1.26578, Stop: 1.26280

- Take profit around the old top around 1.27610

Post Analysis:-

Update:-

- Alternative entry after test bar no (1), price took out the high of that bar.

- The reason to entry at that bar is, they test supply from the left. If supply dries up we can expect high price coming.

- Potential profit of 3.86R

 

18 Oct 2021 (Trade Example): USDJPY

 USDJPY long trade

Pre-Analysis:-

- Yen futures show weakness with buying climactic bar (bc) accompanied by ultra high volume.

- USDJPY pair shows it was in uptrend. Any pullback could be potential entry for a long trade.

Entry:-

- As Yen show weakness, than I choose USDJPY for a long trade.

- USDJPY on 15 minute timeframe show selling climactic bar (sc) and also no supply bar (ns) after that.

- It can be use as entry point.

- Time of entry:- 10:00am

Post Analysis:-

- Chart above as at 20 Oct 2021 (2:46pm)

- First trade can be manage to get at least 1R profit.

- Second trade probably a loss trade.

- Third trade show profit. Final profit/loss will be updated base on market condition and signal.

- Update on 21 Oct 2021 (3:11pm), chart below:-

- This trade did not work.

Alternative Trade:-

AUDJPY long trade

Date: 18 Oct 2021

Time: 8:30pm

- Chart as at 20 Oct 2021 (2:49pm)

- Currently at 9.2R profit.

- Update (21 Oct 2021, 3:07pm), chart below

- Max profit of 11R

- Try to get this kind of trade.

11 Oct 2021: AUDCAD

 AUDCAD short trade

Pre-Analysis:-

Entry:-

Time of entry: 1:00pm

Post Analysis:-

- Mistake of no demand (nd) indicator. That no demand bar not belong there, it was above MA which show immediate trend not a down trend.

Below is trade example CADJPY long trade

Time of entry: 11:00am

Potential max profit of 2.77R

8 Oct 2021 (Trade Example): NZDCAD

 This is trade example on 8 Oct 2021, NZDCAD short trade.

Entry:-

- Set up no demand bar (nd)

- Volume very low on no demand bar.

- No demand bar lower than MA, that show immediate trend was down.

- Entry on price 1 pip lower than no demand bar.

- Time of entry 1:00pm

- Potential max profit 5.33R