4 Dec 2022

1 Dec 2022 (Trade Example): EURUSD

 EURUSD long trade on 1/12/22

- EURUSD trending up for H1, H4 and D1 timeframe. Now SOS appeared in M15 timeframe.


- Entry:-


- Entry time 9:15pm
- Max profits 2.37R
- Trade classification, B class: SOS without confirmation but has change in behaviour in M15 chart.
- Risk 0.5%.






2 Dec 2022

1 Dec 2022: USDCHF

 USDCHF long trade on 1/12/22

Pre-Analysis:-

- This was a counter trend/reversal trade. Higher timeframe shows USDCHF on downtrend, but on smaller timeframe (M15) sign of strength (SOS) appeared. This trade always C class trade.


- VSA chart:-


Entry:-


- Time of entry 9:00pm
- Risk 0.25% (C class trade)

Post Analysis:-

- Losing trade, full risk.
- Counter trend trade always difficult. 
- Pay attention also to bar that appeared SOS indicator, it was not a wide spread. Give more weight to wide spread bar with SOS indicator.
- I will post EURUSD long trade as example that work extremely well compared to USDCHF long.
- I lost again opportunity to score good profits, next I need deeper thought on pair selection, really study and analyse every trade option before committed a trade.















1 Dec 2022

30 Nov 2022 (Trade Example): NZDUSD

 NZDUSD long trade on 30/11/22

- NZDUSD on up trending, higher timeframe also show price at important support level (D1) and (H1) also price at support level. There was a potential A class trade.



- VSA chart:-


- Entry


- Entry time approx. 8:45am
- Max profits 2.82R
- Risk 1% (A class trade)
- A class trade as price at important support level, SOS with confirmation and change in behaviour to the upside.






30 Nov 2022: USDCAD

 USDCAD long trade on 30/11/22

Pre-Analysis:-


- Support on (H1) chart but it was not visible on higher timeframe (D1), this may take as B trade classification.
- VSA chart:-


Entry:-


- Entry time 1:15am (1/12/22)
- Risk 0.5% (B class trade)

Post Analysis:-

- Trade closed with stop out (full risk loss)
- I did not take into consideration there was speech by Fed Chairman, Jerome Powell which effect the price.
- During Powell speech price reverse and hit my stop.
- Need to consider important speech in the future, better not to trade during that event.
- All the process look good but one missing element that I overlook cause me a loss trade.
- Better next time for sure.