4 Apr 2022 (Trade Example): AUDCHF

 AUDCHF long trade on 4/4/22

- Trade based on trend alignment to the upside for daily, 4 hour and hourly timeframe. This trade supported by correlation as AUD was the strongest currency compared to other major currencies.

- Trade went smoothly to the upside, also supported by major news release of AUD interest rate decision.

5 Apr 2022: CADJPY

 CADJPY long trade on 5/4/22

- Trade based on CADJPY biased to the upside with trend alignment on daily, 4 hour and hourly timeframe.

- Correlation also backed this trade as strength number for CAD = +4, JPY = -7

- I took profit as equity reach $ 10015 and this qualify me to get free challenge on FTMO account.

Post Analysis:-

- Decision to took profit was a right decision as price after that struggle to break higher.

- After a few attempt, price finally went down. This will effect the profit if I did not take those profit.

4 Apr 2022: NZDUSD

 NZDUSD long trade on 4/4/2022

Pre-Analysis:-

- NZDUSD biased to the upside based on correlation and trend alignment. I decided to trade for long on hourly timeframe.

Entry:-

Post Analysis:-

- Trade closed with profit but it was not at maximum, as I try to salvage this FTMO challenge account, I took profit quickly.

 

- This trade able to achieve 4.27R profit following trailing stop.

- However as I try to get a free repeat of FTMO account as the maximum trading day just 2 days away, I took profit early.

- If not I will hold this trade until it hit trailing stop.

1 Apr 2022: AUDJPY

 AUDJPY long trade on 1/4/2022

Pre-Analysis:-

- Long trade based on trend alignment and correlation AUDJPY biased for up move. I decided to take a long trade on hourly timeframe.

Entry:-

Post Analysis:-

- Trade ended with loss

- However I manage to reduce risk using trailing stop order.