28 Jan 2025: AUDUSD

 AUDUSD short trade on 28/1/25

Pre-Analysis:

- Trade based on trend pullback system

- I have checked with correlation, USD show strength compare to other currency.

- Flow also pointing down.

- Pullback phase believed to complete and ready for a short trade.

- Risk $10, plan to ride this down until recent low.

Entry:

- Made 2 trade for this day.

- First entry time 4:28pm (London session), second entry time 8:06pm prior to New York session.

- Second trade immediate strength meter 

Post-Analysis:

- Scratch both trade. First trade on the same day, while second trade scratched on the next day.

- Timing was wrong.

- Correct timing should be on 29/1/25 during Asian session, prior to news release related to AUD CPI data.

- While second trade give a little bit profit, but I haven't convince on the outcome as my entry price wasn't perfect.

- Here where I should enter on 29/1/25.

- Second black arrow was perfect entry on 29/1/25, as this time buyer was believed to completely gone.

- The first black arrow was good price to time entry for an aggressive trade. This is base on price look unable to make another run up at an area of support. This was riskier but can pay off good profit.

- An aggressive trade on H4 chart

- This trade may give entry on 28/1/25 (same day as my trade), timing around Asia session.

24 Jan 2025 (Trade Example): GBPUSD

 GBPUSD long trade on 24/1/25

Pre-Analysis:

- Trade based on counter trend.

- As GBPUSD direction is down, upon buyers active on this pair to push price higher (this also mean a pullback/deal coming in) we can temporary trade for a long up until max of previous seller area on higher timeframe. In this case daily.

- This need to be a very careful trade.

- We only can consider this if the pullback came in strong, indicating there was buyers pushing this price.

- Strength meter for GBP and USD

Entry:

- Entry time around 10:00am (Asian session)

- The red line in above chart indicate previous seller's area that possible to use as take profit area.

- Immediate strength meter 

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.