15 May 2023: USDCHF

 USDCHF long trade on 15/5/23

Pre-Analysis

Entry

- Entry time 5:00pm

- Risk 0.25%

                          

Post Analysis

- Lost trade

- Timing was off. Sign of strength was there but no confirmation or price/market still not ready to rise.

- Be patient. The sign of strength (3) in pre-analysis chart indicate it should be test with shakeout or test, then wait for those indicator to a arrive in the chart.  

- Should wait for confirmation and this lost can be avoided.

- Price after trade stop out.

12 May 2023 (Trade Example): EURUSD

 EURUSD short trade on 12/5/23

- Entry time 3:00pm

- Possible max profit 3.9R

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

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.