11 Dec 2024

10 Dec 2024 (Trade Example): GBPNZD

 GBPNZD long trade on 10/12/24

- Strength meter GBP = +4, NZD = -4

- Trade based on H1 timeframe.

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


- Immediate strength meter.




8 Dec 2024

6 Dec 2024 (Trade Example): AUDJPY

 AUDJPY short trade on 6/12/24

- Trade based on H1 timeframe.

- Strength meter AUD = -7, JPY = +7

- Watchlist: 

* Sell: AUDUSD, AUDJPY, NZDJPY


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


- Note: I lost for this week. But there was plenty of good trade that I missed. I need to focus on my trading plan don't easily get distracted! 


7 Dec 2024

5 Dec 2024 (Trade Example): EURAUD

 EURAUD long trade on 5/12/24

- Trade based on H1 timeframe 

- Overall strength meter EUR = -3, AUD = -7

- Strength meter

- Entry time 9:00pm (New York session)


5 Dec 2024

4 Dec 2024: EURGBP

 EURGBP short trade on 4/12/24

Pre-Analysis:

- Trade based on H1 timeframe.

- Strength meter EUR = -5, GBP = +2

- Exit plan was to take this trade for 2R. 

Entry:

- Entry time 4:45pm (London session)

- Immediate strength meter 


Post Analysis:

- Stopped out.
- Not all pairs of EUR show weakness and also not all pairs of GBP show strength. Therefore it should not be taken.
- Very itchy hand to trade.
- There was something I learn from Jesse Livermore, "it never was my thinking that made the big money for me. It always was my sitting".


- Strength meter at the end of trading day