13 July 2022: CADJPY

 CADJPY long trade on 13/7/22

Pre-Analysis:-

- Correlation wise CAD stronger than JPY. On fundamental sentiment CAD is strong. Just aware on CAD interest rate release at 10:00pm

Post Analysis:-

- Trade closed with profit of  approx. 1R

- Due to CAD interest rate release the price on CADJPY a little bit volatile, but I hold on to the trade put faith on my analysis.

- Decision to close the rate based on price at that time forming a range, I thought it has possibility to break lower as ranges have tendency to make a break either up or down.

Update:-

- Trade went up higher after a little pullback but I'm already out.

- There was another pair to trade on this day, USDJPY long trade.

12 July 2022: GBPJPY

 GBPJPY short trade on 12/7/22

Pre-Analysis:-

- Correlation wise JPY stronger than GBP. On fundamental side it show some contradiction, GBP is strong fundamentally but JPY I could not figure out whether it is strong or weak. So some risk factor on fundamental stand point.

Post Analysis:-

Update:-

- Trade able to produce gain at approx. 1R

11 July 2022: USDCHF

 USDCHF long trade on 11/7/22

Pre-Analysis:-

- Fundamental shows USD strong while CHF weak, this support the idea of a long trade. Correlation also shows USD stronger than CHF.

- Entry around 2:27pm prior to London opening.

Post Analysis:-

- This trade I took with a rush and decided to scratch it with loss of around $16.

- My mistake I did not wait for range prior to a lunch, which on one final element that I must wait and get confirmation.

- Now need to wait for any chance to reentry this trade.

- Time of this update 4:03pm (11/7/22)

Update:-

- I get in again when finally range develop and it broke to the upside of it.

- I took the trade as price surge aggressively to the upside approx. at 5:38pm  

- Roughly at 9:38pm I able to move stop to breakeven.

Update:-

- Trade closed with small profit

- Unable to cover all loss of $16 previously

Update:-

- This trade able to gain profit but it surely will test your confident as price came back down to entry level before push up.

- This need to be mastered, only experience will tell.

8 July 2022 (Trade Example): CADCHF

 CADCHF long trade on 8/7/22

- Fundamental favor CAD compared to CHF, but on correlation was abit mix on 4 hour chart CAD stronger than CHF but on daily chart CHF stronger than CAD but very close to each other. There may a little bit risky on this trade. With breach/power activated we might try to make an entry and close monitor this in case we need to scratch the trade.

Update:-

- As market close on Friday there is how this trade perform so far, there is possibility to hold this trade until next week when market reopen on Monday.

Update:- (12/7/22 - 9:40am)

- This trade able to give profits

- Here is how it may close/exit to realise gain.