3 Nov 2024

1 Nov 2024: USDCAD

 USDCAD long trade 1/11/24

Pre-Analysis:

- Trade based on H4 timeframe. Tried to capitalize on pending news release, NFP.




Entry:-

- Time of entry 2:41pm


- Immediate strength meter


Post Analysis:-

- Lost trade.
- State of market was in channel, and my entry right at the top of channel which need to break this channel inorder to give me profit.
- Price unable to break channel.
- My mistake didn't consider state of market at all.
- Should focus more on trending state market.
- Next trade I will consider state of market in my pre-analysis process.





31 Oct 2024 (Trade Example): GBPUSD

 GBPUSD short trade on 31/10/24

- Trade based on H4 timeframe.




- Entry time around 9:45pm


- Immediate strength meter


- Note: I was looking at this trade but missed it, lack of focus cost me to miss this opportunity.


1 Nov 2024

31 Oct 2024: CHFJPY

 CHFJPY long trade on 31/10/24

Pre-Analysis:-




Entry:-

- Entry time 8:57am


- Immediate strength meter 


- Post Analysis:-

- Scratch trade.
- What did I do?
- Trade not a valid setup in my system.
- Always read pullback from H4 timeframe, this was not a valid V formation that I was looking for.
- Can say it also very impulsive trade.
- Lucky I realized early and avoid lost more than this.





30 Oct 2024 (Trade Example): EURCAD

 EURCAD long trade on 30/10/24

- Trade based on H4 timeframe.



- Note: I unaware of this setup, need to check all pairs thoroughly, don't missed!