21 Dec 2021: GBPJPY (Long Trade)

 GBPJPY long trade

Pre-Analysis:-

Hourly chart

Trend Alignment:-

Entry:-

5 minutes chart

- Further sign of strength appear in 5 min chart.

- Entry after successful test at (2)

Post Analysis:-

- Lot size only 0.11 and entry using 5 minutes chart.

- Using trailing stop so it hit the lock in profit level

- Only small amount of profit only

Update:-

- Here is the much better way to trade GBPJPY

- Using higher time frame hourly and follow the VSA principle.

- This will be my core fundamental of trading. I will trade around VSA principle using hourly chart and this will put me into swing trading style.

20 Dec 2021: EURAUD (Long Trade)

 EURAUD long trade on 20/12/21

Pre-Analysis:-

Hourly chart

Trend alignment to the upside (long trade) shown on the other 2 timeframe 30 minutes & 15 minutes.

Entry:-

- Decided to entry after got test and it success as shown on (1) indicator.

- Entry: 1.58774 (buy)

- Time of entry: 3:43pm

- Lot Size: 0.23

- Risk: 0.5% ($50)

- TP: Trailing profit

Post Analysis:-

- Trade closed with a loss of $50.02

26 Nov. 2021 (Trade Example): GBPJPY

 GBPJPY short trade (example) on 26/11/21

- GBPJPY clearly in downtrend base on trending system shown on the above chart.

- All of JPY pairs show strength.

Entry:-

- Possible profit of max 8.64R

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