25 Nov. 2021: NZDUSD

 NZDUSD short trade on 25/11/21

Pre-Analysis:-

- On higher timeframe, hourly NZDUSD trending down.

- Previously there is sign of weakness (SOW) upthrust appear. The next bar close lower (downbar) it confirm the SOW.

- Then price went lower and trending system start to show downtrend.

- Wait in lower timeframe, 15 minutes for further SOW before entering.

- NZD group of currencies also weak. Majority of it shows NZD weak.

Entry:-

- Finally SOW appear (no demand) at 2:45pm

- The next bar close lower (down bar) thus confirm SOW.

- Trade can be enter after the confirmation bar.

Post Analysis:-

- Price did drop but it took my stop first

- Other trade that can be profited was AUDNZD long trade

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.