16 May 2023: EURUSD

 EURUSD short trade on 16/5/23

Pre-Analysis

Entry

- Time of entry 8:00pm

- Risk 0.25%

Post Analysis

- Closed this trade with profit.

- However I exited just to recover the lost trade on previous trading day.

- Stop need to be tighten up, use confirmation indicator to place stop in this case use no demand bar and stop can be placed a bit high.

Update: -

- Missed a very good trade. Trade able to give max. 6R profit until 19/5/23. What a miss.

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