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 15/01/2024
EUR/JPY (04:45 am)
Analysis: My reason for buying was inspired by our weekly market analysis
EUR/JPY Update (12.15 pm)
Analysis: I was able to trail +33 pips before price kicked me out
TUESDAY 16/01/2024
AUD/JPY (10:45 PM)
Analysis: The buy was inspired by our Wednesday Market Analysis
WEDNESDAY 17/01/2024
AUD/JPY Update (3.20 PM)
Analysis: Closed manually with -17 pips
EUR/JPY (9.40 PM)
Analysis: My reason for buying was inspired by our Thursday market analysis
THURSDAY 18/01/2024
XAU/USD (6.23 am)
Analysis: My reason for buying was inspired by our Thursday market analysis
FRIDAY 19/01/2024
XAU/USD Update (8.47 am)
Analysis: Manually closed Gold with -212 pips
EUR/JPY Update (8.47 am)
Analysis: I pulled off a stunt on the account where I traded gold. I added another position to the already-bought EJ in order to recoup some of my losses. The stunt paid off partially and I closed EJ with +80 pips
Trade activity summary for the week
| DATE | PAIRS | BUY/SELL | PIPS MADE/LOST |
| MON (15/01/2024) | EUR/JPY | BUY | +33 pips |
| TUE (16/01/2024) | AUD/JPY | BUY | -17 pips |
| WED (17/01/2024) | EUR/JPY | BUY | +80 pips |
| THUS (18/01/2024) | XAU/USD | SELL | -212 pips |
| TOTAL | -116 pips |
In conclusion:
It was an interesting week in the market. Knowing that Gold was my weakness last year, I decided to take my first trade on Gold this week (on just one of my trading accounts), and I got burned.
I lost -1.3% on my Gold account, and on my other accounts, I closed the week with +0.2% profits. Gold is off my dashboard once more (lol)
Other than the gold trade I took, I am pleased with my trade executions this week. I am looking forward to better trading conditions next week
How did your trading week go?
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