25 May 2022

24 May 2022: EURCAD

 EURCAD long trade on 24/5/22





Post Analysis:-

- Trade closed with very small profit.





- According to trend pullback methodology this trade on daily timeframe shows trending and on 23/5/22, the pullback phase has been completed and price start resume to upward.














23 May 2022

23 May 2022: NZDUSD

 NZDUSD long trade on 23/5/22




Post Analysis:-

- Trade ended with very small profit.














20 May 2022: USDCAD

 USDCAD short trade on 20/5/22




Post Analysis:-

- This trade end up with loss.
- I should not trade the pair if after test on hourly chart, price on 5 minutes chart (entry chart) took longer to set up. Leave this trade as it may be set for opposite direction.
- Look for immediate setup on 5 min chart, after test on hourly chart confirm.


- Finally USDCAD fly to upward. I cut loss according to my pre-defined stop.











 




20 May 2022

19 May 2022: CHFJPY

 CHFJPY long trade on 19/5/22




Post Analysis:-


Entry: 130.526
Exit: 130.769
Size: 0.05 standard lot
Profit: 24 pips ($ 9.31)

Note:-
- This trade test my psychology a lot.
- It drop first after I made an entry and drop close to my stop.
- Then the price started rising but after that drop back to my entry level. At this point I decided to take what ever profit that market gave me.
- Second try for price to go up but again drop back to my entry level area. After this time only price go up and continue went up for the next day.
- Below is the USDCHF trade (short trade) that gave better profit.