31 Dec 2021: NZDCAD (Short Trade)

 NZDCAD short trade

Pre-Analysis:-

Entry:-

- Last trade of 2021

- Lot Size: 0.83

- Risk: 1% ($ 98)

- Time of entry: 7:00pm

- TP: Trailing stop

Post Analysis:-

- Trade closed with profit

- Again profit still not at maximum, need to master how to close with max profit.

- Profit $ 204.60, (2.08R)

- A possible close to 4R profit ratio max.

- Still worried to let the position open through weekend.

29 Dec 2021: USDCAD (Long Trade)

 USDCAD long trade:-

Pre-Analysis:-

Entry:- 

- Lot Size: 0.53

- Risk: 1% ($ 99)

- Time of Entry: 8:00am

- TP: trailing stop

Post Analysis:-

- Trade closed with loss $ 37.24

- However I managed to reduce risk, instead of initial stop at $ 99

- But this trade can be manage better than this.

- After failing to break the resistance, I should consider to move the stop at break even.

- My FTMO account now sink to negative territory, a lot of work ahead with remaining 2 weeks plus trading day.

28 Dec 2021: USDJPY (Long Trade)

 USDJPY long trade.

Pre-Analysis:-

- This I believe smart money have absorb the supply, thus test on the supply may has chance of going higher.

Update:-

- First trade closed with loss

- Got entry for second time.

Entry:-

- Lot Size: 0.67

- Risk: 1% ($ 99)

- Time of entry: 9:00am (28/12/21)

- Target: Trailing stop

Update:-

- Second trade

 Lot Size: 0.81

- Risk: 1% ($ 99)

- Time of entry: 7:00pm (28/12/21)

- Target: Trailing stop

Post Analysis:-

- Trade ended loss $ 82.32 (first trade)

27 Dec 2021: AUDCAD (Short)

 AUDCAD short trade

Pre-Analysis:-

Entry:-

- Lot Size: 0.01

- Time of entry: 2:00pm

- Risk: 10pips (roughly about $1)

- Reason for minimum lot size is today still in holiday (Christmas) AUD, NZD, GBP, CAD bank close today.

- Position today just to get trading day for my FTMO challenge.

Post Analysis:-

- Closed position