13 Feb 2023

13 Feb 2023: NZDUSD

 NZDUSD long trade on 13/2/23

Pre-Analysis


Entry


- Time of entry 4:08pm
- Risk 0.25%
- Exit plan TP @ 0.64000 for approx. 2.8R

Post Analysis

- Scratch the trade for very small profits.
- Trade went up close to 1.5R profits but I did not close.
- Then on 14/2/23 there was news event related to NZD, inflation expectations q/q and price went down drastically, which finally hit breakeven.
- I should cash out, focus on one trading day only, it is very hard to trailing the profits.


- Price after I closed trade










12 Feb 2023

10 Feb 2023 (Trade Example): USDCAD

 USDCAD short trade on 10/2/23



- Time of entry 8:30pm
- Max profits 3.52R


10 Feb 2023 (Trade Example): USDJPY

 USDJPY short trade on 10/2/23



- Time of entry 3:00pm
- Max profits 5.34R


11 Feb 2023

7 Feb 2023 (Trade Example): EURGBP

 EURGBP short trade on 7/2/23



- Entry time around 9:00pm
- Max profits 8.83R (hold trade until 10/2/23)