16 Jan 2025: GBPUSD

 GBPUSD short trade on 16/1/25

Pre-Analysis:

- Currency strength meter GBP = -7, USD = +5

- Risk $10, target 2R profit.

Entry:

- Entry time 4:34pm (second trade in the chart)

- Immediate strength meter 

Post Analysis:

- Scratch trade at around 5:30pm time.

- As strength meter show GBP gaining significant strength, I decided to scratch this trade.

- Price did drop a little bit after I have scratched trade but reverse back up and will trigger my stop if I stayed in trade.

- Decision to scratch was correct.

- I'm in a state of euphoria after winning trade in the Asia session, this give me super confident to take this trade.

- Look back at immediate strength meter, there was not a significant difference between GBP weakness and USD strength, therefore I should not take this trade if we look in hindsight.

- Lucky to lose minimum amount.

16 Jan 2025: GBPJPY

 GBPJPY short trade on 16/1/25

Pre-Analysis:

- Currency strength meter GBP = -7, JPY = +5

- Following yesterday trade on this pair, I saw an opportunity again to short. After analyzing all the data and information I decided to trade this during Asian session.

- Risk $10, exit plan at 2R profit level, scratch this trade if data from immediate strength meter doesn't support this trade anymore.

Entry:

- Entry time 9:12am (trade was the second in this chart)

- Immediate strength meter 

Post Analysis:

- Preparation was good. This time I'm totally focus. Check everything to ensure I didn't miss this opportunity.

- Feel so good to catch this smooth trade. Need more of this kind of trade and consistently profit from it. Surely I'm on my way to recover this account.

- Often I missed trade during Asian session. But not today. Happy.

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.