AUDUSD short trade on 24/12/24
Pre-Analysis:-
- Strength meter AUD = -4, USD = +7
- Plan to take this trade for a 2R profit.
Entry:-
- Entry time 8:45pm
- Immediate strength meter
Post Analysis:-
- Scratch this trade.
- Should not take this trade. There was no evidence price will break Asian range or yesterday low price.
- I repeated this mistake again.
CADCHF short trade on 20/12/24
Pre-Analysis:-
- Strength meter CAD = -2, CHF = +3
- Plan to exit at 2R profit.
Entry:-
- Entry time 6:04pm (London session)
- Immediate strength meter
Post-Analysis:-
- Scratch trade.
- During New York session price still hovering around my entry price and I started feeling that this price might not drop as I expected.
- At the end of this trading week, price for CADCHF was not dropping as I wanted and my decision to scratch was a right decision.
EURJPY long trade on 19/12/24
-Strength meter EUR = +3, JPY = -1
- Entry time 2:00pm
- Immediate strength meter
NZDCHF short trade on 18/12/24
- Strength meter NZD = -5, CHF = 0
- Time of entry around 11:00pm (New York session)
- Immediate strength meter
- Update:-
