17 Sept 2022

16 Sept 2022 (Trade Example): GBPUSD

 GBPUSD short trade on 16/9/22 based on momentum trade.

- All GBP pairs broke Asia session and show weakness.


- Strength meter:-



- Trade able to give 1R profits, max approx. 1.16R















15 Sept. 2022 (Trade Example): EURGBP

EURGBP long trade on 15/9/22 based on both anticipation and momentum trade.

- Strength meter for anticipation trade:-


- Strength meter for momentum trade:-




- Here was how all the EUR pairs reacted during entry on momentum trade.
- One discretion applied to EURCHF in this case, while the others shown similarity.


- Update:- as at 19/9/22 EURGBP continue to push higher







 












15 Sept 2022: AUDJPY

 AUDJPY long trade on 15/9/22 based on momentum trade.

Pre-Analysis:-

- AUD was the strongest currency across the board. All AUD pairs broke NY session.


Entry:-



Post Analysis:-

- Trade ended with loss, but I able to scratch it before it hit stop.
- This trade did not back-up by anticipation trade nor any important news release.
- The only things was a correlation in term of AUD broke the New York session.


- Decision made to exit:-


- Price broke below my stop. Good that I scratch this trade.
- This trade also can be avoided. My entry still in a mess.



- Below was all of AUD pairs during entry, notice the other pairs did not have similar characteristic with AUDJPY. GBPAUD was off, it went up rather showing to go down.
- Try to get an entry with all or majority pairs have similar character.






 








14 Sept 2022

13 Sept 2022 (Trade Example): NZDCHF

 NZDCHF short trade on 13/9/22 based on cheese trade.

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







- Approx. time of entry 10:54pm (during New York session).
- Trade able to give 2.89R profits max.

Update:-

- All of NZD pairs when entry happen.