3 Sept 2023

1 Sept. 2023 (Trade Example): USDJPY

 USDJPY long trade on 1/09/23

- NFP was released at 8:30pm, an opportunity for along trade occur after the news released. As all USD group show significant strength and also all pairs in JPY group shows weakness, thus a long trade was a possible to consider at that particular time.


- Entry time around 9:45pm
- Possible max. profit of 1.66R
- Note: next trading day may give another opportunity for a pullback trade depending on how price will pull back.





30 Aug 2023

29 Aug 2023 (Trade Example): USDJPY

 USDJPY long trade on 29/08/23

- Fundamental shows USD strong and JPY was weak. Price pullback to support area.

- Correlation also shows USD stronger than JPY. The correlation during entry as per chart below.


- Price broke out from consolidation area and pullback towards support area.


- Entry, around 6:00pm


- Trade need to be manage as there was important news release around 8:30pm and 10:00pm
- Max. possible profit 4.04R




24 Aug 2023

23 Aug 2023 (Trade Example): USDCAD

 USDCAD long trade on 23/08/23

- USDCAD long trade with trade classification as B trade. This trade did not has correlation backing it up. On strength meter USD was stronger than CAD.


- Entry time 3:00pm
- Max. possible profit of 3.66R




23 Aug 2023

22 Aug 2023 (Trade Example): EURGBP

 EURGBP short trade on 22/08/23


- Correlation shows that EUR has been dumped across the board 


- Currency strength meter: 


- Entry time 4:00pm
- Max. possible profit of 5R