19 Mar 2025

17 Mar 2025: EURUSD

 EURUSD long trade on 17/3/25

Pre-Analysis:

- Trade based on H4 timeframe, using trend pullback setup.

- Currency strength EUR = +7, USD = -5

- Risk $10

- Exit plan, I target to take profit when price make new high on H4 timeframe.


Entry:

- Time of entry 5:39pm


- Immediate strength meter 


Post Analysis:

- Closed with miniscule profit.
- Price move until 2R profit value, but I stay with my plan to wait for new high to book a profit.
- I also move my stop at break even on 17/3/25 trading day.
- Entry price can be improve by taking an entry inside small range that occur before price launch.
- On next day, during London session price aggressively went back to my entry level, this made me decided to close as a measure to capital protection.
- This trade management maybe different if I take partial profit at previous high and let the trade run if price able to break previous high.
- Maybe on future trade I should take partial profit.

14 Mar 2025

13 Mar 2025: GBPCHF

 GBPCHF long trade on 13/3/25

Pre-Analysis:

- Trade based on trend pullback on H4 timeframe.

- Strength meter GBP = +5, CHF = +2

- Risk $10, exit plan is to take profit at the previous high, as strength meter show both currency in + value reading.



Entry:

- Entry time 6:57pm


- Immediate strength meter 


Post Analysis:

- Scratch this trade.
- Should sit tight not trading. This was not a setup 
- Pressure as I missed few trade last week and there was no trade for the last 2 week.
- Account still under $5000, this add more pressure on me.
- No setup means to SIT TIGHT.

4 Mar 2025

3 Mar 2025 (Trade Example): GBPCAD

 GBPCAD long trade on 3/3/25

- Trade based on H4 timeframe trend pullback.

- Strength meter, GBP = +5, CAD = -3

- Entry time around 5:30pm (London session)


- Immediate strength meter 



- Probably can hold this trade based on daily time frame as strength meter show this GBP = +4, CAD = -4

- Update (10/3/25)

1 Mar 2025

25 Feb 2025 (Trade Example): GBPNZD

 GBPNZD long trade on 25/2/25

- Trade based on trend pullback in daily timeframe.

- Strength meter reading was GBP = +6, NZD = -6


- Entry time around 5:15pm (London session)