9 Dec 2022 (Trade Example): AUDCHF

 AUDCHF short trade on 9/2/22

- AUDCHF was on downtrend. SOW appeared on lower timeframe M15.

- Trade:-

Trade #1

- Time of entry 10:00am

- Risk 0.25%

- Trade class: C (SOW with confirmation, but trend alignment still in uptrend)

- Max profits 4.49R (M15)

Trade #2

- Time of entry 1:30pm

- Risk 0.5%

- Trade class: B (SOW with confirmation, price broke trigger bar, trend alignment to the downside)

- Max profits 2.86R (M15)

8 Dec 2022 (Trade Example): AUDCAD

 AUDCAD long trade on 8/12/22

- AUDCAD was in uptrend according to higher timeframe both H4 and D1. Now SOS appeared on lower timeframe M15. Here got 2 entries on this date.

- VSA chart (1st entry):-

- VSA chart (2nd entry):-

- Entry:-

1st entry:-

- Time of entry 12:45am (8/12/22)

- Max profits 5.19R (exit on 10/12/22)

- Trade classification, B trade (trend up, SOS with confirmation but price not break the trigger bar yet).

2nd entry:-

- Time of entry 11:00am (8/12/22)

- Max profits 6.18R (exit on 10/12/22)

- Trade classification, B trade (trend down, SOS with confirmation, price already broke trigger bar).

Note: 2nd trade maybe hard to hold as price not move until the next day (9/12/22), it might pressure you to close this trade.

 

6 Dec 2022: USDCAD

 USDCAD long trade on 6/12/22

Pre-Analysis:-

- USDCAD was in uptrend for higher timeframe (D1 & H4).

- VSA chart:- SOS appeared on M15 chart

Entry:-

- Entry time 6:00pm

- Risk 0.25%

- Trade classification: C trade (SOS without confirmation)

Post Analysis:-

- Trade closed at breakeven

- Move stop at breakeven before went to sleep. Price hit stop around 12:00am (7/12/22) and rebound after that.

- I thought this trade might not work but I'm prepared to breakeven that what made me move the stop.

- Eventually price hit higher and again I missed the profits.

- Now my other issue is how to exit a trade?

- As at 5:00pm 7/12/22 here is how USDCAD perform.

5 Dec 2022: EURCAD

 EURCAD long trade on 5/12/22

Pre-Analysis:-

- EURCAD on uptrend referring to higher time frame (D1 & H4).

- VSA chart show sign of strength (SOS) in M15 timeframe.

Entry:-

- Entry time 8:45pm

- Risk 0.25%

- Trade class: B trade (SOS with confirmation and got change in behaviour)

- Note on risk, for B trade I suppose to take a trade with 0.5% but this time I reduced it as previous trade (AUDUSD long) suffered with full loss of risk.

Post Analysis:-

- I closed trade with profits. (2.73R)

- Time of exit 5:30am (6/12/22)

- Look at what happen to my emotion and fear, as previous trade I lost then for this trade I decided to change risk taking to only 0.25% instead of 0.5%.

- This emotion resulting from the unnecessary lost made me missed larger profits. If I took this trade as per usual 0.5% (B trade), then my profits will be 1.365% of my account balance.

- With reduced risk I manage to get only 0.6825% increase out of account balance.

- What a missed still. High performance trader might consider this as a loss as well.

- Update:- as at around 5:00pm (7/12/22) this is how EURCAD perform