1 Feb 2022

1 Feb 2022: NZDUSD (Trade Example)

 NZDUSD long trade (example)


- Trend alignment appear on NZDUSD for a long trade.


- Entry NZDUSD long, time of entry 3:00pm




30 Jan 2022

27 Jan 2022: AUDCAD

 AUDCAD short trade 27/1/2022

Pre-Analysis:-


Entry:-



Post Analysis:-

- This trade turn out profit but not as I hope.
- Failed to get 2R profit.
- In actual price able to reach 2R even 3R. Complete waste.
- As price took time to drop and trending system start change in color, I loss confident and decided to close it leaving huge profit on the table!



- Another trade example that setup in front of me but I hesitate to take it.
- End up miss this good trade. Again consider it a loss. How to improve?












26 Jan 2022

26 Jan 2022: USDCAD

 Short trade of USDCAD on 26/1/2022

Pre-Analysis:-


Entry:-



Post Analysis:-

- Trade closed with profit



- Preparation is the key, clear trading plan is a key.
- I stick to 2R profit trading plan.




25 Jan 2022

25 Jan 2022: AUDCAD

 AUDCAD long trade on 25/1/2022

Pre-Analysis:-


- Fundamental news on AUD release this morning. Good result for AUD it may help to push price higher as we look to buy on AUD currency.


Entry:-


- 1st entry:-


- 2nd entry:-


Post Analysis:-

- Both entry was loss




- What was a silly mistake by me, I should not loss this 2 trade.
- First trade the stop was not right, the stop should set 2 pips lower. I will stop out anyway but this will prevent me to take another trade and this will prevent me to loss $ 186.49 (close to 2%).
- After loss 2 trade then as usual my confident drop and I hesitate to take USDJPY long trade after that which will give me positive result.
- The trade shown below:-