19 Apr 2022

18 Apr 2022 (Trade Example): CADJPY

 CADJPY long trade available on 18/4/22. Trade based on VSA.


- Trend alignment established on daily, 4 hour & hourly timeframe.
- Correlation also support this trade. CAD was in the second strongest currency while JPY in the weakest currency.


- Update (20/4/22)

- This trade able to give 10R profit.
- I missed again.









18 Apr 2022: EURAUD

 EURAUD long trade on 18/4/22 based on BBMA trade.

Pre-Analysis:-


- There was a signal for price to continue go up.
- Waiting for retest that failed to breach MA & Mid BB.

Entry:-


Post Analysis:-

- Trade closed with loss.
- Loss has been reduced a little bit, as I moved stop a little higher.






- One element was missing, I did not check whether 4 hour chart has same retest at MA.


- The rules are: 1 hour chart retest that failed to breach MA & Mid BB, 4 hour chart it need to touch MA (retest MA).
- I did not follow this rules, I broke the rules.
- Below is trade that follow both rules and it can give me huge profit.




















17 Apr 2022

15 Apr 2022: AUDCHF

 AUDCHF long trade on 15/4/22

Pre-Analysis:-


- Trend shows this pair was in uptrend.
- Correlation however not in the group of the strongest nor the weakest currency. Hence I decided to reduce the risk to only 0.5% of account balance.
- I decided to still took the trade as I am lack of decent trade along this week.



Entry:-


Post Analysis:-

- I closed the trade with loss.
- This trading day in public holiday (Good Friday), banks mainly closed business therefore liquidity was very low, no active activity in the market.
- Spread also widen a little bit compare to normal business day.
- Lesson, never trade if public holiday impact the amount of activity in the market, market will not move on the absent of big banks.














12 Apr 2022

11 Apr 2022: AUDJPY

 AUDJPY long trade on 11/4/22

Pre-Analysis:-

- Price trending up with correlation also shows AUD was the strongest currency. This entry based on pullback and supported by VSA principle.



Entry:-


Post Analysis:-

- Trade closed with loss. However I managed to reduce it loses
- It was not good to loose.




Update:-

- There was a trade that can give possible profit on CADJPY for long trade.
- Setup was appeared early on Asia session, that mean before AUDJPY setup.
- I missed this trade as I need to settle other things on the morning and unable to monitor the market.
- This trade able to give 1R profit.