21st Trading Week (20th – 24th) of May, 2024 trade journal) • Crafting pips

My reason for sharing my trade journal is to encourage traders to also keep one for two major reasons:

Track your weekly trading performance.
Build a better psychology, which will sharpen your trading intuition

Both can only be done when you keep a comprehensive journal, and review it every week.

MONDAY 20/05/2024

AUD/USD (6.30 am)

Analysis: My buy was inspired by our Weekly Market Analysis

AUD/USD Update (7.22 am)

Manually closed with -13 pips

NZD/JPY (11.05 am)

Analysis: My buy was inspired by our Weekly Market Analysis

NZD/JPY Update (1.33 pm)

SL hit (- 34 pips)

AUD/JPY (3.41 pm)

Analysis: A strong bullish bias on the larger time frame inspired the buy on the 15 minutes time frame.

TUESDAY 21/05/2024

AUD/JPY Update (2.53 am)

Manually closed with +12 pips

GBP/JPY (11.30 am)

Analysis: Break of key resistance zone on the 15 min. time frame and a bullish bias on the daily and 4 hour tf

NZD/USD (12.15 pm)

Analysis: Break of key support zone on the 15 min. time frame and a bearish bias on the daily and 4 hour tf

GBP/JPY Update (2.15 pm)

SL hit -25 pips

NZD/USD Update (2.15 pm)

Closed manually with +8 pips

AUD/USD (5.02 pm)

Analysis: Bearish bias on the daily and 4hr tf and a break of a key support zone on the 15 mins tf inspired the sell

WEDNESDAY 22/05/2024

AUD/USD Update (4.42 am)

Manually closed -13 pips

THURSDAY 23/05/2024

AUD/JPY (7.30 am)

Analysis: Bearish bias on the daily and 4hr tf and a break of a key support zone on the 15 mins tf inspired the sell

AUD/JPY Update (11 am)

Manually closed -21 pips

Trade activity summary for the week

DATE	PAIRS	BUY/SELL	PIPS MADE/LOST
MON (20/05/2024)	AUDUSD	BUY	-13 pips
	NZDJPY	BUY	-34 pips
	AUDJPY	BUY	+12 pips

TUE (21/05/2024)	GBPJPY	BUY	-25 pips
	NZDUSD	SELL	+8 pips
	AUD/USD	SELL	– 13 pips

THUS (23/05/2024)	AUD/JPY	SELL	-21 pips

		TOTAL	-86 pips

MYFF prop account trading summary (20th to 24th of May)

MFFX prop account trading summary (20th to 24th of May)

In conclusion:

Last week was my worst trading week for the year. I lost -4.2 to -5% of my prop account because of a couple of reasons

I was not in tune with the market because I was also handling a lot of mental pressure
I was in a hurry to hit some payouts, and also push some accounts into payout phase

This weekend I spent more time reflecting on my last week’s trading activities, and I found out that even if I had to close with a losing position, I could have done a better job by losing less (-2% to 3%)

This week, I will be sticking to the basics and I will be building from the ground up.

How did your trading week go?