40th Trading Week (02nd – 06th of October, 2023 trade journal)

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

1. Track weekly trading performance.
2. 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 02/10/2023

USD/JPY (9.30 pm)

Analysis: The USD/JPY buy was inspired by our Weekly Market Analysis

TUESDAY 03/10/2023

USD/JPY Update (9:11 am)

Analysis: Closed at breakeven

AUD/JPY (10.05 am)

Analysis: The AUD/JPY buy was inspired by our Tuesday Market Analysis

AUD/JPY Update (4:00 pm)

Analysis:  No news events, but price fell like a falling star. I closed with -45 pips

USD/CAD  (11:30 pm)

Analysis: The USD/CAD buy was inspired by our Weekly Market Analysis

WEDNESDAY 04/10/2023

USD/CAD  (4.35 pm)

Analysis: Manually closed the trade with +49 pips

GBP/CAD (7.40 pm)

Analysis: The GBP/CAD sell was inspired by our Thursday Market Analysis

FRIDAY 06/10/2023

GBP/CAD Update (2.30 pm)

Analysis: The GBP/CAD drop only happened after the high impact news on CAD occurred on Friday. All I did was secure my capital afterwards by shifting my SL to BE.

Price reversed and hit my SL, closing the trade in breakeven

Trade activity summary for the week

In conclusion:

Yes I closed with positive pips, but -0.6% on my P&L

I had high hopes on AUD/JPY, and was on a winning streak from last week, so I risked a lil more than I would normally risk. I had to reduce my risk when trading the USD/CAD, hence I could not clear the loss made by the AUD/JPY.

I am impressed the way I handled my trades this week. Discipline and risk management was on point. I am closing the week with -0.6% loss. Looking forward to next  week

How did your trading week go?

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