16 Jan 2025

15 Jan 2025: GBPJPY

 GBPJPY short trade on 15/1/25

Pre-Analysis:

- Currency strength meter GBP = -7, JPY = +2

- Exit plan at 2R profit level.

- Aware of important news release related to GBP (CPI y/y)


Entry:

- Entry time 3:05pm just after news release.

- Immediate strength meter 



Post Analysis:

- Have to scratch this trade.
- Strength meter shown GBP gaining strength, feeling that price might reverse at least for this day.
- The decision was correct as price did reverse towards my stop. This save me a few bucks.
- Wait for possible re-entry.



14 Jan 2025: GBPUSD

 GBPUSD short trade on 14/1/25

Pre-Analysis:

- Currency strength meter GBP = -7, USD = +7

- Exit plan at 2R profit.

- Aware of important news release related to USD (Core PPI m/m and PPI m/m)


Entry:

- Entry time 8:43pm, before news release.
- Immediate strength meter 





Post Analysis:

- Scratched trade as price not drop as I expected and also influenced by data release PPI that not favored USD currency.
- Lucky to grab a little profit as I'm scratching it.
- Price not drop and surely hit my stop if I didn't scratch this trade.
- Made my decision swiftly and without hesitation.



11 Jan 2025

8 Jan 2025 (Trade Example): GBPCAD

 GBPCAD short trade on 8/1/25

- Strength meter GBP = 0, CAD = +5


- Entry time around 4:00pm

- Immediate strength meter 



- note: I choosed NZDUSD short trade for this day. This GBPCAD trade happened to be a better and smooth trade.

10 Jan 2025

8 Jan 2025: NZDUSD

 NZDUSD short trade on 8/1/25

Pre-Analysis:

- Strength meter NZD = -2, USD = +4

- Exit plan at 2R profit, with $10 risk.

Entry:

- Entry time 4:04pm (London session)

- Immediate strength meter



Post Analysis:

- Price dropped as expected.
- Took this trade calmly, I have checked everything I need to check.
- Feel confident on this trade.
- There was another trade that give great risk to reward compared to this trade, GBPCAD short. I documented it on other post.
- Keep this momentum moving in the hope to get my account balance back to initial level before thinking to reach 6% profit target.


- Update (12/1/25)