18 Nov 2021: EURUSD

 EURUSD long trade on 18/11/21

Pre-Analysis:-

- EURUSD shows sign of strength with potentially selling climax.

- Price past trigger number to the upside.

- Change of behaviour is possible with trend system turn green.

Entry:-

- Entry: 1.13300 (12:30pm)

- Size: 0.62 lot

- Risk: 0.5% ($50)

Post Analysis:-

- Loss trade 

- Test failed, I close immediately without waiting for stop.

- Trend was weak as trending system in congestion as shown by diamond system. (refer to H1 chart above).

- Loss about $29.76

- Trade can be a profitable with another entry, same setup which is test (a successful test)

16 Nov 2021: GBPUSD

 GBPUSD short trade on 16 Nov 2021

Pre Analysis:-

- GBPUSD on hourly chart shows downtrend.

- On pullback there was a sign of weakness, upthrust with high volume.

- Wait for further sign of weakness on 15 minutes chart for entry.

Entry:-

- Price drop below upthrust bar and pullback after that.

- Finally a no demand bar appear and entry made just below of that bar

- Entry:-

Time: 9:30am

Lot Size: 1 lot

Risk: 1% ($100)

Stop: 1.34289

- Trade also in conjunction with trending system chart that show downtrend.

Post Analysis:-

- Trade end up loss $100 (hit stop)

- There is a question whether that true no demand bar?, what is no demand bar?

- The next bar after that no demand bar not close lower than it, can it be taken as true no demand?

- Certainly I need TradeGuider software. Look like I am guessing all the indicator in TradeGuider.

- I have to make sure I can afford to purchase the software as soon as possible, it will help me a lot with my trading.

15 Nov 2021: NZDCAD

 NZDCAD long trade on 15 Nov. 2021

Pre Analysis:-

- Possible sign of strength at the bottom of chart as shown above. This is hourly chart.

- Price went up above trigger number and hovering there since previous 2 trading day.

- Plan to go long for this with further sign of strength possibly on 15 minutes chart.

Entry:-

- There was a test on down bar with low volume. The test was successful and price still above trigger number.

- This also supported by trending system chart that shows an uptrend.

- Time of entry : (3:41pm)

- Position Size: 1.39 lot

- Risk: 1% ($100)

- Target: 0.8859 (approx. 2R)

Post Analysis:-

- Trade went up as expected.

- Max potential profit 2.88R

- My profit was $153.06

- I did not wait until trade hit my pre define target as I want to lock all profit to ease some pressure of previous drawdown.

- Trading is pressuring business, I admit it.

12 Nov 2021 (Trade Example): EURCAD

 EURCAD short trade 

- EURCAD now reach an area of previous sign of weakness, if price unable to penetrate that trigger number it may fall.

- I hesitate to consider this as there was a sign of strength below as marked by blue arrow no (2).

- I was confused at that day whether to take sign of strength or sign of weakness.

- Entry for a short trade as shown above. The reason was an upthrust bar appear and it supported by a down trend as shown on the trending system chart below.

- The reason why I did not take this trade was I confused on both sign of weakness and sign of strength appear both one at the top another at the bottom.

- This made me stay aside.

- However this short trade can give profit around 4.58R max.

- I should keep an open mind the short trade still can happen on previous trigger number from weakness.