26th trading week (26th – 30th 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.

MONDAY 26/06/2023

CAD/JPY (6.05 pm)

Analysis: I bought this setup due to our weekly market analysis

TUESDAY 27/06/2023

USD/CAD (6am)

Analysis: The neckline of a head and shoulder formation broke at 6am and I sold immediately, hoping to get out of the trade before CPI news scheduled for 1.30 pm. This setup was also inspired from our weekly market analysis

USD/CAD UPDATE (5 pm)

Analysis: Closed at breakeven

CAD/JPY UPDATE (5.10 pm)

Analysis: I closed this trade with +7 pips while trailing

EUR/CAD (6.30 pm)

Analysis: The sell was inspired by our Wednesday Market Analysis

WEDNESDAY 28/06/2023

EUR/CAD Update (5 pm)

Analysis: trade hit stop loss, and it cost me -54 pips

GBP/CAD (7 PM)

Analysis: The sell was inspired by our Wednesday Market Analysis

THURSDAY 29/06/2023

NZD/USD (2pm)

FRIDAY 30/06/2023

GBP/CAD Update (7pm)

Analysis: Manually closed GBP/CAD with +52 pips

NZD/USD Update (7pm)

Analysis: Closed with -54 pips

Trade activity summary for the week

Note:

I was not as defensive as I would have loved to be in my last week of the month/quarter, hence my loss on EUR/CAD. Though price went according to our analysis, but it did so after hitting my stop loss.

Overall I would rate my performance this week as fair, as I picked a little loss

How did your week go?

Trade activity summary for the month

NOTE: This quarter was lit.

Being able to trade through rough times (2nd trading week), and come out profitable was the icing on the cake for me. I really wish I played a more defensive game in the final week, but its all good. I will try and do better in the 3rd quarter

 2nd QUARTER RESULTS

In conclusion:

Second quarter was great. I was able to recover the losses made in first quarter, and a little profits added to it (+5.5%). The month of July is upon us already. Let’s see what we can make of it

How did your second quarter 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