15 Jun 2023

14 June 2023: AUDJPY

 AUDJPY long trade on 14/6/23

- Trend alignment to the upside appeared on daily, 4 hour and 1 hour timeframe. Opportunity for a long trade.


- Entry time 3:06pm
- Risk 0.25%



Post Analysis

- Trade closed with profit
- Profit 0.94R
- Stop should be tighten a little bit to ensure greater risk to reward.
- Decision to take profit was right but unable to grab max profit.
- Other pair seem to be better than AUDJPY was NZDJPY long trade.


- AUDJPY continue to rise higher after trade was closed.


- NZDJPY long trade with smooth up move compared to AUDJPY.







11 Jun 2023

9 June 2023 (Trade Example): EURGBP

 EURGBP short trade on 9/6/23

- Trend alignment to the downside confirm.


- Trade on 5 minute timeframe.
- Entry time 5:55pm






8 June 2023 (Trade Example): GBPNZD

 GBPNZD long trade on 8/6/23.

- Trend alignment to the upside confirm. This gave opportunity for a long trade.


- Trade on 5 minute timeframe.
- Entry time 9:45pm




  


6 Jun 2023

5 June 2023: GBPNZD

 GBPNZD short trade on 5/6/23


- Entry time  11:33am
- Risk 0.25%
- Exit plan, TP @ 2.044 for approx. 5R profit.

Post Analysis

- Stop out.
- Should set the stop a little bit higher, this will make this trade survive.
- Pay attention on where to place stop loss.
- Missed massive profit of max. 7R