2 Sept 2022

1 Sept 2022 (Trade Example): GBPUSD & USDJPY

 GBPUSD short trade and USDJPY long trade on 1/9/22

- USD was the strongest currency across the board. All of USD pairs broke either New York session or Asia session.





- Trade able to give 2R profits.


- Example USDJPY long trade:-


- This trade also able to give 2R profits.












1 Sept 2022: NZDCHF

 NZDCHF short trade on 1/9/22

Pre-Analysis:-

- CHF was the strongest currency. All CHF pairs broke either New York or Asia trading session.





- Entry during London session, time of entry 4:26pm
- Target 2R profits
- Risk 0.5% of account balance.

Post Analysis:-

- Trade ended with loss.
- Full loss.
- Mistake by me on entering this trade.
- Range that developed not broke to the downside, it was broke to the upside.
- Supposed no trade on this.











1 Sept 2022

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








31 Aug 2022

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 !!!!