16 Nov 2022

15 Nov 2022 (Trade Example): CHFJPY

 CHFJPY short trade on 15/11/22

- Trade based on scalping strategy, as price approach previous drop and show sign of turning downward then we can find trade setup based on VSA principle on the downtrend.


- VSA chart: at this point all time frame show trend alignment (H1, M30, M15 & M5)


- Entry


- Time of entry 7:00pm
- Max profits 8.85R (based on M5 timeframe entry)
- However I classified this trade as C trade. ( it was a reversal trade without major SOW), this should be taken at 0.25% risk.
- But with high RR rate this could give around 2.2% increase in account balance.







13 Nov 2022

11 Nov 2022 (Trade Example): EURUSD

 EURUSD long trade on 11/11/22

- Trade with absorption volume which shows sign of strength (SOS). The sign of weakness (SOW) early on was not confirm and price push higher which now confirm smart money have absorb the supply and may push price higher again.


- VSA chart:-


- Time of entry 1:00pm
- Max profits 5.87R
- This trade classified as an A trade (broke old top with major SOS and accompanied by climactic volume).
- Trade also follow up trending market in general, this support bias for a long trade.
- This also following the effect of major news event on previous day, which was US CPI data.



 

12 Nov 2022

11 Nov 2022 (Trade Example): GBPCHF

 GBPCHF short trade on 11/11/22

- Price approach resistance area in a downtrend. Then major sign of weakness (SOW) appeared, this give probability of a short trade going to work. This trade can be classified as A trade quality based on these two confluence.


- VSA chart



- Entry time 6:45pm
- Max profits 5.95R
- entry based on M15 timeframe









10 Nov 2022

9 Nov 2022 (Trade Example): NZDCAD

 NZDCAD short trade on 9/11/22


- Entry: based on M15 chart



- Time of entry 11:30am
- Max profits 5.06R