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Renesas: Buy on breakout

ICT trade plan

This needs to go the vault because this is the trade that, in fact, gave me the confidence to get back into trading. Honestly, I've never thought I would be trading in the Japan market for the main reason I couldn't understand Nihonggo. Well, I still can't understand very well until now, but here I am, playing in the market in humble beginnings.

This is technically my first TSE trade. The total holding period was about 5 weeks which I thought would have taken less time to make the same amont of profit. Saw this stock on the screener with a good amount of volume with a price breakout from a 6-month consolidation phase. Entered at the third candle.

Stock consolidated for a few weeks before breaking out once more. Exited at second candle of box formation.

In retrospect

Yes, it indeed formed a new box but with higher lows. I could have planned another entry at box bottom.

If I followed through, the exit plan could have been the box breakdown. If that happened, I still would have profited another ~27%.

Bears took over at the start of March on fears of oil supply shortage due to the US attack on Iran. Even then, the stock recovered following EMA9.

  • in PH, Wins
  • 1 min read

ICT trade with MAs

Fast forward from December of 2025 to today - I managed to increase the portfolio by about 25%.

ICT trade plan Snap of the port just before the sell execution. Actual exit value was at 785.

Went all in with ICT considering the strong uptrend but didn't really have an entry price in mind.

The plan was to capitalize on the swings but my full-time job didn't allow me to check trends and execute trades in the middle of the day.

Fortunately, I'm on holiday today so I was able to monitor at EOD where I found a bearish candle for a sell signal.

ICT trade plan

How do you calculate the RRR when the stock is ATH levels?

Stock is still going strong. When do you re-enter?

Restarting the journey

There are a handful of things I could do at home during this golden week, but among all of them, I am choosing have this trading journal setup for good.

I've had multiple trading journals in the past. I've hosted one on blogspot, another one on wordpress, and I also used to keep my handy-dandy, simple and basic, no frills, Google Sheets that kept track of my trades. I've had my ups and downs in trading but I've never really been consistent with journaling. My memory isn't really also the best, so if I am to take trading seriously again and actually improve, I need to ensure I have this journal setup as early as possible to look back and learn. Today marks the day where I commit to updating this entirely new journal to document my thought process from pre-selecting stocks to the final result of each trade.

The Target: Profits and Timeline

As part of this project, I will be setting a minimum target profit for each trade. I'm keeping that value to 5% for the time being. I am not a professional, nor have I proved anything in the past, but I think this is a reasonable target for both short and medium-term positions. My definition of short and medium term positions? Holding the stock for about 1-4 weeks, and medium term 4-12 weeks before selling.

A quick status report of what the portfolio looked like last December 8, 2025 before I started managing my wife's COL account.

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The capital is small and as of yet, there is no plan to deposit more. The goal is to earn our first million with the existing amount.

Also, since then I've sold all the stocks and have had everything in one basket. More on this later.