15 Oct 2024

14 Oct 2024 (Trade Example) : USDCHF

 USDCHF long trade on 14/10/24

Pre Analysis:-

- Strength meter USD = +6, CHF = +3


Entry:-

- Entry time around 3:00pm


- Note: missed this trade, new to use mobile phone for trading as I lost my laptop. Things got messy as I look for position size calculator to determine my trade size. Finally I missed entry point and hesitated to take a trade with a little bit higher price. I blamed myself for lack of preparation.

10 Oct 2024

9 Oct 2024 (Trade Example): USDJPY

 USDJPY long trade on 9/10/24

- Trade based on H4 timeframe


- Entry time around 1:00pm one hour before Frankfurt open.


9 Oct 2024

8 Oct 2024: EURGBP

 EURGBP long trade on 8/10/24

Pre-Analysis:-

- Trade based on H4 timeframe strength meter.


Entry:-


Post Analysis:-


- I have to scratch this trade. Saw price return back to entry point and may piercing towards my stop, that why reason for me to scratch it.
- Mistake on choosing this pair, as both EUR did not turn as the strongest currency, while GBP also was not in the weakest.
- Why I took this trade? clearly I'm not following my own set of rules.
- Here is EUR group:-


- This is GBP group:-


- Depending on strength meter might not give correct pair selection. I must read currency strength across the board manually.








4 Sept 2024

3 Sept 2024: GBPUSD

 GBPUSD short trade on 3/9/24

- Trade based on H4 time frame.


- Entry @ 1:47pm using time frame M15