26 Sept 2022 (Trade Example): EURNZD

 EURNZD long trade on 26/9/22

- NZD was one of the weakest currency. Prior to entry we can see majority of NZD pairs try to broke Asia session and show weakness.

- Strength meter shows EUR stronger than NZD, but this trade should taken with extra careful as both currency in very tight reading according to strength meter. Maybe this trade we can target as 1R trade only.

Entry:-

- Correlation during entry

- Time of entry 11:45pm

- Trade able to give max profits of 1.76R

- Note: I missed this trade, as I scratched CHFJPY short trade I closed all terminal and decided to get a rest. If i continue to research maybe I found this trade and able to recoup small loses on CHFJPY trade and also ended the day with positive result.

- Need to look around for possible opportunity, but maybe after exhausted then my mind no longer able to focus on trading.

26 Sept 2022: CHFJPY

 CHFJPY short trade on 26/9/22

Pre-Analysis:-

- JPY was one of strongest currency across the board. At that time CHF set up for a break on all of it pairs and showing weakness. This made short trade was logical. CHFJPY also shown pullback from the original trend.

- Strength meter:-

Entry:-

- Correlation during my entry:-

- Entry time 6:00pm

- Risk 0.5% of account balance.

- Target the recent low with approx. 2++ R 

Post Analysis:-

elation during my entry

- I scratched this trade as I saw the other CHF pairs did not make a push or follow through.

- Realised price may not ready yet for a push down and quickly exit.

- Will monitor the next day if still opportunity for a short trade.

- Decision made to scratch the trade:-

- I can feel my thought process for the first time, I flip around on all information I can get and carefully read all the 28 pairs before came to decision to trade this.

- I checked everything from correlation, strength of currency, breaks of high or low from previous day, reading pullbacks to time my entry.

- Although trade did not performed as I wanted but I hope on upcoming trade I will made my decision process based on what I did on this day.

 

 

23 Sept 2022 (Trade Example): AUDUSD

 AUDUSD short trade on 23/9/22.

- USD was the strongest currency across the board. Strength meter down below:-

- Entry time approx. 3:45pm

- Max profits 4.54R, trade able to make a new low.

Trading Results: 19-23 Sept 2022

 Trading results from 19 to 23 Sept. 2022