5 Dec 2022: AUDUSD

 AUDUSD long trade on 5/12/22

Pre-Analysis:-

- AUDUSD trending up based on higher time frame (D1 & H4)

- VSA chart on M15 timeframe:-

Entry:-

- Entry time 5:45pm

- Risk 0.25%

- Trade classification: C trade (SOS with confirmation but there was no change in behaviour yet)

Post Analysis:-

- Trade closed with loss (full risk)

- Here again I took a trade that suppose not to be a trade.

- There was not change in behaviour. Only take a trade when no change in behaviour, if SOS/SOW show ultra high volume accompanied by very wide spread bar.

- Avoid unnecessary trade to avoid loss.

 

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%.

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.