23rd trading week (1st – 9th of June, 2023 trade journal)

My reason for keeping a journal is to encourage traders to also keep one for two major reasons:

1. Track weekly trading performance.
2. have enough data, in order to be able to work on their trading technique and psychology

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

FRIDAY (01/06/2023)

GBP/CHF  (7 am)

Analysis: This trade was inspired by the previous week’s Friday market analysis 

MONDAY (05/06/2023)

GBP/CHF  update (7 am)

Analysis: Locked at breakeven

GBP/USD  (10.30 am)

Analysis: Divergence setup spotted

GBP/USD Update (4 pm)

Closed the trade manually with -37 pips. 

GBP/CHF Update (4 pm)

Analysis: TP hit, +93 pips hit

TUESDAY (06/06/2023)

CAD/JPY (7.20 am)

Analysis: Reason for me buying can be seen on our weekly market analysis

WEDNESDAY (07/06/2023)

CAD/JPY Update (5 am)

Analysis: Locked +17 pips at the close of the London session on Tuesday, and woke up Wednesday to see that price cleared my adjusted SL.. I may re-enter this setup if bullish opportunity present itself.

GBP/CHF (6.45 am)

Analysis: My reason for buying is inspired from our Wednesday market analysis

GBP/CHF Update (3 pm)

Analysis: Price hit trailings SL and closed with +14 pips

AUD/JPY (2.05PM)

Analysis: My reason for buying is simply because price broke the ascending channel, retested the previous resistance (now key support level), and price closing above the previous high

FRIDAY (10/06/2023)

AUD/JPY Update (5.30 PM)

Analysis: Closed the trade manually with +42 pips. This was after waiting for a lil over 48 hours

Trade activity summary for the week

In conclusion: 

We are up by +1.2% in the first week of the new month. I had just one bad trade, and it could have been a positive trade if I had not closed it manually (but that’s what happens when you stick to your trading rules. Sometimes you lose trades)

So far I can’t complain in the new week/month. Hopefully we are able to maintain this momentum till the end of the year

How did your trading week go?

NOTE:

• FIDELCREST: https://fidelcrest.com/#CRAFTER
• THE FUNDED TRADER: https://dashboard.thefundedtraderprogram.com/purchasechallenge-n/?sl=3322 (use the coupon code: THE0CRAFTER)
• MY FUNDED FX: https://myfundedfx.tech/purchasechallenge/?sl=758
• BESPOKE FUNDING PROGRAMME: https://www.bespokefundingprogram.com/The_Crafter?ref=The_Crafter