4 Dec 2022

2 Dec 2022 (Trade Example): NZDUSD

 NZDUSD long trade on 2/12/22

- NZDUSD trending up at least for higher timeframe H4 and D1. On M15 chart, SOS appeared.


- Entry:-


- Time of entry 10:30pm
- Max profits 1.37R (M15)
- Trade classification, C trade: SOS with confirmation but there was no change in behaviour during entry time.
- Risk 0.25%




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.