31 Aug 2022 (Trade Example): USDCHF

 USDCHF long trade on 31/8/22

- CHF currency was the weakest currency across the board. Majority of CHF pairs broke Asian trading session. 

- Entry time 5:35pm

- Trade able to hit 2R profits

30 Aug 2022: EURCHF

 EURCHF long trade on 30/8/22

Pre-Analysis:-

- CHF was the weakest currency across the board. All CHF pairs broke Asia trading session.

- Entry during New York session, time of entry 9:48pm

- Target set at 2R.

Post-Analysis:-

- I lost this trade, but able to scratch it and reduce the loss.

- My entry was wrong, although price did not hit my stop if I let this trade run.

- There was a better entry appear after I closed this trade shown on the chart below.

- The entry I made was around the range that I believe will push up, but I did not wait for the price to show it will break to the upside.

- Instead I entered this trade base on my hope that price will push up. But in actual after I opened the trade price push down than I realised I was wrong and decided to exit to avoid bigger loss.

- If I waited for the right moment, I will not loss this trade. All my mistake.

- Here is chart that show where should I enter this trade.

- But it unable to hit 2R profits target

- It only reach roughly 1.5R profits only but it is better than loss.

- Leant this !!!!

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.

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.