Forex Trading Journal

18 Mar 2022

EURUSD short trade on 16/3/22

Pre-Analysis:-

- Trend alignment appear on daily, 4 hour & hourly timeframe. For entry I used hourly timeframe.

Entry:-

Post Analysis:-

Short trade AUDCHF on 14/3/22

- Trade base on reversal.

NZDJPY long trade available on 9/3/22.

- Trend alignment to the upside was detected for daily, 4 hour timeframe. For entry we can use hourly timeframe.

- This trade need to hold over the weekend.

NZDCAD short trade on 11/3/22

Pre-Analysis:-

- Trade base on reversal trade, daily timeframe shows previous drop on this price level. I time my entry base on hourly chart.

Entry:-

Post Analysis:-

- Trade closed with profit.

- Feel confident before took this trade.

- I am aware of economic news release related to CAD on that day, so I prepared accordingly.

- Hope to find this kind of trade set up frequently.

- I closed trade before end of trading session to avoid holding a trade over the weekend, as it was a part of my trading plan.

- It maybe drop further, but I choose not to take anymore risk.