13 May 2023

12 May 2023 (Trade Example): NZDCAD

 NZDCAD short trade on 12/5/23


- Entry time 9:00am (Asia trading session)
- Possible max profit 11.35R





12 May 2023

11 May 2023 (Trade Example): NZDUSD

 NZDUSD short trade on 11/5/23


- Possible 2 entries for this trade.
- First trade entry time around 2:00pm, trade then can be closed at 2.74R profit following strength indicator and standby for news release related to USD at 8:30pm
- Second  trade entry time around 9:00pm after news release and got confirmation on weakness. As at this time of writing profit hit 4.64R

Update:-
- Trade able to achieved 5.97R max profit at the end of 12/5/23 trading day.










11 May 2023

10 May 2023 (Trade Example): EURJPY

 EURJPY short trade on 10/5/23


- Entry time around 8:00pm
- Max profit 5.22R end of trading day.
- Price continue to drop the next trading day, boost profit beyond 5R.


Update: -
- Price dropped until hit max. 10R profit at the end of next trading day (11/5/23).




 






9 May 2023

8 May 2023: EURCHF

 EURCHF short trade on 8/5/23

Pre-Analysis



- EUR shows weakness and CHF shows strength according to respective futures chart. Therefore short trade for EURCHF was a possible option.


Entry

- Time of entry 11:29pm
- Risk 0.25%
- Timing entry using hourly chart (based on hourly indicator)


Post Analysis

- Scratch trade with small profit.
- Not confident as price went down slowly, thinking it might not work.
- Timing was off this time as price move and give approx. 1.6R profit max.



Update: -
- Price at the end of 9/5/23 trading day.