5 Apr 2022

4 Apr 2022: NZDUSD

 NZDUSD long trade on 4/4/2022

Pre-Analysis:-

- NZDUSD biased to the upside based on correlation and trend alignment. I decided to trade for long on hourly timeframe.


Entry:-


Post Analysis:-

- Trade closed with profit but it was not at maximum, as I try to salvage this FTMO challenge account, I took profit quickly.



 

- This trade able to achieve 4.27R profit following trailing stop.
- However as I try to get a free repeat of FTMO account as the maximum trading day just 2 days away, I took profit early.
- If not I will hold this trade until it hit trailing stop.













1 Apr 2022: AUDJPY

 AUDJPY long trade on 1/4/2022

Pre-Analysis:-

- Long trade based on trend alignment and correlation AUDJPY biased for up move. I decided to take a long trade on hourly timeframe.


Entry:-


Post Analysis:-

- Trade ended with loss
- However I manage to reduce risk using trailing stop order.












31 Mar 2022

30 Mar 2022: EURCHF

 EURCHF long trade on 30/3/22

Pre-Analysis:-

- Trend alignment to the upside detected for daily, 4 hour and hourly timeframe. Entry based on hourly timeframe.


Entry:-


Post Analysis:-






30 Mar 2022

29 Mar 2022 (Trade Example): AUDJPY

 AUDJPY short trade on 29/3/22

- Trade base on reversal as shown on the chart below.




Update:-

- Trade closed with profit