2 Mar 2023: EURJPY

 EURJPY short trade on 2/3/23

Pre-Analysis

- Currency strength & correlation: -

Entry

- VSA chart system: -

- Entry time 5:56pm

- Risk 0.25%

Post Analysis

- Scratch this trade

- When price went against my entry, then I started to lost hope that this trade was right.

- Emotional note: taken trade when my mind distracted by other things, i.e., coffee time. Trade also taken out of FOMO.

- On correlation aspect, look at the strength chart EUR still stronger than JPY, then why took a trade? That me to be blame for taking this trade.

- Direction might be right, technical aspect might be right but I'm wrong on TIMING.

- Be patience on timing the entry.

- Update: this trade can give profit should I time it correctly.

- Entry time should be around 10:25pm

- This can give max 1.98R profit with holding this trade until next trading day.

- VSA chart system: -

- Currency strength: -

28 Feb 2023 (Trade Example): NZDCAD

 NZDCAD long trade on 28/2/23

- VSA chart system: -

- Entry time 9:30pm

- Max profit 6R until end of trading day

- Trade supported by major news event related to CAD (GDP m/m)

- Update: -

- As at end of 1/3/23 trading day possible max profit increase to 11.84R

28 Feb 2023: NZDCHF

 NZDCHF long trade on 28/2/23

Pre-Analysis

- Strength meter: -

Entry

- VSA chart system: -

- Entry time 11:02pm

- Risk 0.25%

- Exit plan, TP @ 0.58300 for approx. 2R profit.

Post Analysis

- Hit TP 

- Note on emotion during trade, a little bit chaos and unstable. This resulting in entry not at the best price. Can get a little bit lower price.

- Stop need to consider for a little tight for better risk-reward.

- Missed more profits as price went up beyond 0.58300.

- Overall, on trade direction I got it right but need improvement on controlling my emotion during time to enter a trade.

- Need more improvement on taking profits, so far often missed a big chunk of profits.

- There was a better trade than this, NZDCAD long trade and it supported by major news event related to CAD (GDP m/m)

- Update: -

- If this trade hold until end of 1/3/23 trading day max profit will be 4.9R

24 Feb 2023 (trade Example): CADCHF

 CADCHF long trade on 24/2/23

- VSA chart system

- Entry

- Time of entry 11:55pm

- Max profits 3.86R