23 Jan 2025: EURCAD

 EURCAD long trade on 23/1/25

Pre-Analysis:

- Trade based on trend pullback.

- Currency strength EUR = +4, CAD = -4

- Risk $10, target at 2R.

Entry:

- Entry time 9:40pm (New York session)

- Immediate strength meter 

Post Analysis:

- Another scratch trade.

- This was a FOMO trade.

- Immediate strength meter also not at the required level.

- I believe my understanding of trend pullback concept still not there. There was no 'deal' in this trade. I myself label it as a 'deal' while in actuality was not.

- I may change to look for a 'deal' from daily timeframe. As now Urban Forex has their market analysis session every Monday, I will take their input to find my trade setup.

- Will also abandon calculate for strength meter, but will focus on the flow of market and correlation.

- In mean time, I will trade also my scalping trading system with always target 1R profit.

- Update (28/1/25), price did went up starting on 24/1/25 and only able to make slightly new high until 25/1/25.

22 Jan 2025: USDJPY

 USDJPY long trade on 22/1/25

Pre-Analysis:

- This trade based on scalping system with target of 1R.

- At this point I believed USD currency was the strongest.

- Based on pullback I decided to take this trade.

Entry:

- Entry time 3:50pm

- Immediate strength meter 

Post Analysis:

- Scratch this trade as price not advancing fast, instead price dropped towards my stop.

- This trade supposed to be on JPY weakness rather than USD stronger.

- Supposed I trade EURJPY for a long trade

- Time of trade around 5:30pm

- Immediate strength meter 

- This trade system to support my trading if in case there was no setup for trend pullback trading.

- In this system, I will target 1R only.

17 Jan 2025: AUDUSD

 AUDUSD short trade on 17/1/25

Pre-Analysis:

- Currency strength meter AUD = -1, USD = +5

- Risk $10, target profit 2R

Entry:

- Entry time 8:30pm

-  Immediate strength meter 

Post Analysis:

- Another scratched trade.

- Had to as immediate strength meter show USD suddenly dropped it strength. While AUD gaining strength rapidly.

- No guess, no hesitation just scratch as I don't want to lose more.

- Lucky got tiny profit, if not sure $10 will gone.

- Immediate strength meter when I scratch this trade

- This trading week I gain total of $15.92 profit. My account balance is $4894.

- Need another $102 to get back at original $5000.

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.