15 Nov 2024 (Trade Example): GBPUSD

 GBPUSD short trade on 15/11/24

- Trade based on H1 timeframe. USD currency was still the most strongest. Pullback on H1 timeframe shown sign of buyers unable to increase anymore. Trade also influenced by news event related to USD (retails sale m/m).

- Watchlist:

Sell (GBPUSD/ EURUSD)

- Strength meter

- Entry time 10:00pm (New York session)

- Immediate strength meter 

14 Nov 2024 (Trade Example): GBPUSD

 GBPUSD short trade on 14/11/24

- Trade based on H1 timeframe. USD currency show absolute strength. All USD pairs broke previous day high or low (depending on pairs). Any pullback after that was an opportunity for a trade.

- Strength meter 

- Entry time around 4:45pm

- Trade able to reach 2R profits.

13 Nov 2024 (Trade Example): AUDUSD

 AUDUSD short trade on 13/11/24

- Trade based on H1 timeframe. All USD pairs show strength.

- AUDUSD showed a little pullback, then we can see buyer unable to push price any higher. This pave opportunity to short.

- Strength meter recorded

- Entry time around 10:30pm (New York session)

12 Nov 2024: USDJPY

 USDJPY long trade on 12/11/24

Pre Analysis:

- Trade based on H4 timeframe, there was trend developing on this pair. Upon pullback or discount been offered, I then interested to take this trade for a buy.

- Watchlist: Buy (USDJPY/ CADJPY)

- Strength meter

Entry:

- Entry time 5:54pm

- Immediate strength meter:

Post Analysis:

- I prepared well for this trade, however after I was shaky as the trade not launch immediately. It only launch during New York session.

- I was about 50-50 on this trade as it didn't launch immediately. Lucky I hold on.

- Exit was bad, as only able to book 1.2R only.

- Trade went for 2R on this trading day.

- I will opted to target 2R profit as my recovery plan to get my account back at initial balance.

- If my account recover, will think to change profit taking plan into ride on profits.

Update (16/11/24):

- Trade able to reach max profits of 7R. Price reach as high as 156.751