12 Apr 2025

10 Apr 2025: EURUSD

 EURUSD long trade on 10/4/25

Pre-Analysis:

- Both daily and H4 timeframe was on uptrend. The idea was to wait for pullback and time a buy entry should it continue in uptrend.

- Strength meter in daily: EUR = +5, USD = -2. For H4: EUR = +4, USD = -2.

- Risk $10

- Take profit plan, consider to take at previous high.

- News release consideration was on US CPI data (release on 10/4 8:30pm)


Entry:

- Entry time 3:33pm (London session)


- Immediate strength meter 


Post Analysis:

- Consider as good entry and execution, time it perfectly.
- Only able to extract 1.7R profit only.
- Possible max profit at the end of week is 10R, as price reach as high as 1.14742
- While entry was good but I leave huge money on the table.
- I exited my position due to fear that I will loose those 1.7R profit should price reverse back.
- Should I consider to wait for break of new high before considering taking profit?. 
- Fear because of my previous trade turn against me after hitting some 2R profit while I am considering to target breakout to a new
 high level.
- Taking profits also need to be master.


- Update (22/4/25)

24 Mar 2025

19 Mar 2025: EURAUD

 EURAUD long trade on 19/3/25

Pre-Analysis:-

- Trade base on H4 timeframe.

- Strength meter was EUR = +6, AUD = 0

- Risk $10, exit plan at previous high.


Entry:-

- Entry time 8:11pm


- Immediate strength meter 


Post Analysis:-

- Scratch this trade.
- Mistake was, there was no sign of buyers come back.
- Look at those buyers after discount, not aggressive.
- This trade not ready yet. This also show timing was not right.
- Probably trade may ready by next trading week.


- How this pair perform throughout this week.

19 Mar 2025

17 Mar 2025: EURUSD

 EURUSD long trade on 17/3/25

Pre-Analysis:

- Trade based on H4 timeframe, using trend pullback setup.

- Currency strength EUR = +7, USD = -5

- Risk $10

- Exit plan, I target to take profit when price make new high on H4 timeframe.


Entry:

- Time of entry 5:39pm


- Immediate strength meter 


Post Analysis:

- Closed with miniscule profit.
- Price move until 2R profit value, but I stay with my plan to wait for new high to book a profit.
- I also move my stop at break even on 17/3/25 trading day.
- Entry price can be improve by taking an entry inside small range that occur before price launch.
- On next day, during London session price aggressively went back to my entry level, this made me decided to close as a measure to capital protection.
- This trade management maybe different if I take partial profit at previous high and let the trade run if price able to break previous high.
- Maybe on future trade I should take partial profit.

14 Mar 2025

13 Mar 2025: GBPCHF

 GBPCHF long trade on 13/3/25

Pre-Analysis:

- Trade based on trend pullback on H4 timeframe.

- Strength meter GBP = +5, CHF = +2

- Risk $10, exit plan is to take profit at the previous high, as strength meter show both currency in + value reading.



Entry:

- Entry time 6:57pm


- Immediate strength meter 


Post Analysis:

- Scratch this trade.
- Should sit tight not trading. This was not a setup 
- Pressure as I missed few trade last week and there was no trade for the last 2 week.
- Account still under $5000, this add more pressure on me.
- No setup means to SIT TIGHT.