27 Aug 2022

26 Aug 2022 (Trade Example): EURNZD

 EURNZD long trade on 26/8/22

- EUR currency was the strongest currency across the board. All EUR pairs broke Asian trading session.




- Possible entry during New York session, approx. entry time 9:00pm
- Trade able to gain 2R profits.
- If trade can be manage accordingly profits may reach more than 2R.

















24 Aug 2022

23 Aug 2022: CADCHF

 CADCHF long trade on 23/8/22

Pre-Analysis:-

- CHF currency was the weakest according to strength meter. All the CHF currency pairs broke Asian session.






- Trade taken during New York session approx. entry time was 9:49pm
- TP set at 2R profits

Post Analysis:-

- Trade closed with loss.
- However I manage to reduce the loss.
- After saw price came back to my entry level and push lower, immediately I closed the trade to avoid bigger loss. This time I did not second guest it.
- Another area that need to be look is, should I move stop to breakeven? this will avoid loss totally. Price shown some profits at the beginning but unable to reach intended target .




- Here is GBPCHF long trade as an alternatif and this trade able to reach 2R profits target.
















23 Aug 2022

22 Aug 2022: EURUSD

 EURUSD short trade on 22/8/22

Pre-Analysis:-

- EUR was the weakest currency across the board. All EUR pairs broke the Asian session.



- Trading during New York session.
- Target at 2R profits.




Post Analysis:-

- Trade hit intended 2R profits target.
- Emotional state, confident on this trade and took trade with less fear.
- Waiting period was a big test, wait from London session until New York.



- Trade has potential to gain more than 2R profits, but at this moment I just trade with 2R. When my trade results show consistency, then I will change my exit strategy to try capture the optimum profits.













20 Aug 2022

19 Aug 2022 (Trade Example): CHFJPY

 CHFJPY long trade on 19/8/22

- CHF shows strength as majority of it pairs broke Asian session.



- Trading during London session, approx. entry time 6:45pm



- Trade able to gain 2R profits.