16 Feb 2023

15 Feb 2023: USDCHF

 USDCHF short trade on 15/2/23

Pre-Analysis



Entry

- I made 2 entries

1st entry: -


- 2nd entry: -


- 1st entry time 3:09pm
- 2nd entry time 3:44pm
- Both I risked 0.25%

Post Analysis

- Both trades ended with loss.
- 1st trade I scratched, and 2nd trade was stopped out.
- 1st trade should not be a trade, no confirmation on that.
- 2nd trade all ok but it did not work out and affected by news event related to USD around 9:30pm.
- It seems I rushed everything does not calm as supposed I do.
- Focus on quality set-up, trade need to show me a lot of confirmation criteria.
- 1st trade: -


- 2nd trade: -


- Here is pair that I should trade, NZDJPY for long trade



- Entry: -


- Entry time 8:15pm
- Max possible profits 3.07R




















14 Feb 2023

14 Feb 2023: EURGBP

 EURGBP long trade 0n 14/2/23

Pre-Analysis


Entry


- Time 3:42pm
- Risk 0.25%
- Exit plan TP @ 0.88888 for approx. 

Post Analysis

- Stop loss
- Should not be a trade. Signal divergence appeared for yesterday trading session. Only rely on signal for current trading day only.
- Avoid taking trade. Not a valid signal.










14 Feb 2023: AUDUSD

 AUDUSD long trade on 14/2/23

Pre-Analysis


Entry


- Entry time 3:03pm
- Risk 0.25%
- Exit plan, TP @ 0.70500 for approx. 3R profits

Post Analysis

- Scratch the trade
- Signal for entry appeared on Asia trading session. The time when I entered this trade was wrong.
- Avoid trade that already started during Asia session as I did not trade during this session.


- Price after trade was closed










13 Feb 2023

13 Feb 2023: NZDUSD

 NZDUSD long trade on 13/2/23

Pre-Analysis


Entry


- Time of entry 4:08pm
- Risk 0.25%
- Exit plan TP @ 0.64000 for approx. 2.8R

Post Analysis

- Scratch the trade for very small profits.
- Trade went up close to 1.5R profits but I did not close.
- Then on 14/2/23 there was news event related to NZD, inflation expectations q/q and price went down drastically, which finally hit breakeven.
- I should cash out, focus on one trading day only, it is very hard to trailing the profits.


- Price after I closed trade