31 Aug 2022

29 Aug 2022 (Trading Example): EURJPY

 EURJPY long trade on 29/8/22

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





- This trade able to gain 2R profits.
- I missed again this kind of trade.
- Need to focus, nothing will come easily.










27 Aug 2022

Trading Results: 22-26 August 2022

 Trading results 22-26/8/22


- Although this week I recorded positive gain, but still I am unable to grow this account.
- There was good trade that I missed. I need to improve not to miss those trade.
- It is evidence that those missed trade able to grow my account significantly.



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.