16 Aug 2022 (Trade Example): NZDUSD

 NZDUSD short trade on 16/8/22

- USD was the strongest currency while NZD was the weakest currency across the board. Majority pairs on both currencies show price broke previous trading session of Asian.

- Entry during London session approx. time 5:30pm

Update:-

- Trade only able to reach 1R profits max.

- Some psychology issue will test my trade management, whether I need to accept profit at 1R or set for breakeven.

- In this case taking 1R profits of course better than breakeven.

15 Aug 2022 (Trade Example): AUDJPY

 AUDJPY short trade on 15/8/22

- JPY shows some strength and all JPY pairs broke previous NY trading session.

- AUDJPY suits for short trade as shown on the chart below. Possible entry around 4:15pm during London session. Trade able to gain more than 2R profits depending on trade management and exit for TP.

Trading Results: 8-12 August 2022

 This week was very disappointed week, I recorded the biggest loss in a week since I started trading with The5ers.

 

12 Aug 2022 (Trade Example): NZDJPY

 NZDJPY long trade on 12/8/22

This trade maybe unable to reach 2R profits, here was the closed market on Friday for this chart.

Alternatively, I can look onto GBP group as this currency was the weakest currency across the board and all the pairs broke the Asian session level.

The pairs that give good trade was GBPAUD going for a short trade.