Forex Trading Journal

29 Oct 2022

EURUSD long trade on 26/10/22

- Trade align for upside for timeframe (D1, H4 & H1). Trade should be taken on hourly timeframe. Confirmation appeared on hourly chart.

- Entry time approx. 2:00pm

AUDNZD short trade on 28/10/22

- Trend align to the downside for (D1, H4 & H1), this trade should be taken on hourly timeframe as confirmation appeared on hourly timeframe.

- Time of entry 8:00pm

- Max profits 2.21R

GBPAUD long trade on 28/10/22

- Trend align for all timeframe (D1, H4, H1 & M15). Trend align for upside movement.

- Entry time 5:15pm

- Max profits 4.04R

EURCAD short trade on 27/10/22

- Trade based on retest of daily timeframe resistance and indication of ultra high volume.

- Resistance on daily time frame

- Ultra high volume on wide spread bar closing in the middle, this shows sign of weakness.

-VSA chart

- Entry

- Entry time 8:25pm

- This trade also in the effect of news event, EUR refinancing rate which was released on 8:15pm.

- 10 minutes after news release, price shown clear direction of the market as the background indicate weakness.