19 June 2023: GBPJPY

 GBPJPY long trade on 19/6/23

- GBPJPY got trend alignment to the upside on daily, 4 hour and 1 hour timeframe. The correlation also show GBP was stronger than JPY. Therefore a long trade was a logic option. Trade classification was A trade.

- Entry time 2:14pm

- Risk 0.25%

Post Analysis

- Scratch the trade with small profit.

- Reason to scratch the trade was price seem has difficulty to go up.

- Unable to see another chance to re-entry.

15 June 2023: EURGBP

 EURGBP short trade on 15/6/23

- Trade alignment to the downside appeared in daily, 4 hour and 1 hour timeframe. EURGBP valid for a short trade. However in term of correlation both EUR and GBP show strength, thus this trade can be classified as B trade.

- Entry time 10:07am (Asian trading session)

- Risk 0.25%

Post Analysis

- Trade ended breakeven

- Trade went down to max. 1.6R profit and turn back up to close at breakeven.

- This was a class B trade, with no correlation support should be careful not to loose those profit. This type of trade has tendency not to perform well.

- Correlation chart show both EUR and GBP all up or in other word both are equally strong. Even on technical chart EURGBP set up for a short but need to be curious as this trade might not drop smoothly.

EUR : -

GBP : -

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.

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