47th Trading Week (20th – 24th of November, 2023 trade journal)

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

  1. Track your 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 20/11/2023

EUR/CAD (6.54 am)

Analysis: Our Weekly market analysis inspired the buy

 

USD/JPY (9.09 am)

Analysis: Our Weekly market analysis inspired the sell

 

 

EUR/CAD update (5 pm)

Analysis: My trailing SL closed the EUR/CAD trade with +48 pips

 

 

USD/JPY update (6.05 pm)

Analysis: My trailing SL closed the USD/JPY trade with +46 pips

 

 

TUESDAY 21/11/2023

CAD/JPY (10.30 pm)

Analysis: Our Wednesday market analysis inspired the buy

 

 

WEDNESDAY 22/11/2023

CAD/JPY update (12.48 pm)

Analysis: My trailing SL closed the CAD/JPY trade with +28 pips

 

AUD/JPY (10.20 pm)

Analysis: A clean breakout of the resistance zone, and a bullish pinbar supported my bullish bias

 

 

THURSDAY 23/11/2023

AUD/JPY Update (5.10 pm)

Analysis: My trailing SL closed the CAD/JPY trade with +24 pips

 

Trade activity summary for the week

DATE PAIRS BUY/SELL PIPS MADE/LOST
MON (20/11/2023) EUR/CAD BUY  + 48 pips
USD/JPY SELL  +46 pips
TUE (21/11/2023) CAD/JPY BUY  +28 pips
WED (22/11/2023) AUD/JPY BUY  +24 pips
TOTAL  +146 pips

 

In conclusion:

Though I had a good trading week, it could have been better. The reason being that:

My strategy threw me out of most of the trades that could have easily hit my target profit. I am not disturbed though, because the same strategy saves me during fakeouts in the market, so it’s trade-off

I closed the week with +146 pips, and about +1.7% profits. 

How did your trading week go?

 

NOTE:

Check out our mouth-watering discounts on any of the proprietary firm’s challenges:

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)