30 Dec 2021

29 Dec 2021: USDCAD (Long Trade)

 USDCAD long trade:-

Pre-Analysis:-


Entry:- 


- Lot Size: 0.53
- Risk: 1% ($ 99)
- Time of Entry: 8:00am
- TP: trailing stop

Post Analysis:-


- Trade closed with loss $ 37.24
- However I managed to reduce risk, instead of initial stop at $ 99
- But this trade can be manage better than this.
- After failing to break the resistance, I should consider to move the stop at break even.
- My FTMO account now sink to negative territory, a lot of work ahead with remaining 2 weeks plus trading day.









28 Dec 2021

28 Dec 2021: USDJPY (Long Trade)

 USDJPY long trade.

Pre-Analysis:-


- This I believe smart money have absorb the supply, thus test on the supply may has chance of going higher.

Update:-

- First trade closed with loss
- Got entry for second time.



Entry:-


- Lot Size: 0.67
- Risk: 1% ($ 99)
- Time of entry: 9:00am (28/12/21)
- Target: Trailing stop

Update:-

- Second trade


 Lot Size: 0.81
- Risk: 1% ($ 99)
- Time of entry: 7:00pm (28/12/21)
- Target: Trailing stop


Post Analysis:-

- Trade ended loss $ 82.32 (first trade)







27 Dec 2021

27 Dec 2021: AUDCAD (Short)

 AUDCAD short trade

Pre-Analysis:-


Entry:-


- Lot Size: 0.01
- Time of entry: 2:00pm
- Risk: 10pips (roughly about $1)
- Reason for minimum lot size is today still in holiday (Christmas) AUD, NZD, GBP, CAD bank close today.
- Position today just to get trading day for my FTMO challenge.

Post Analysis:-

- Closed position









24 Dec 2021

24 Dec 2021: EURUSD (Long Trade)

 EURUSD long trade

Pre- Analysis:-


Entry:-


- Lot Size: 0.35
- Risk: 0.5% ($50)
- Time of Entry: 4:25pm (24/12/21)
- TP: Trailing stop

Post Analysis:-

Update:-
- Trade loss with $23.10
- I able to manage this trade so that risk has been reduced, initial stop set at loss with $50.


Update:- (26/12/21)

- Some afterthought on this pair