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 11/12/2023
USD/JPY (10.45 pm)
Analysis: My reason for selling was inspired by our Tuesday Market Analysis
TUESDAY 12/12/2023
USD/JPY Update (9 am)
Analysis: My trailing stop got clipped at +60 pips
THURSDAY 14/12/2023
GBP/JPY (10.35 pm)
Analysis: My reason for selling was inspired by our Friday Market Analysis
FRIDAY 15/12/2023
GBP/JPY Update (10.35 pm)
Analysis: I am closing the week carrying the GBP/JPY trade over (-87 pips) because I have a firm belief that the GJ setup still has an overall bullish outlook.
Trade activity summary for the week
| DATE | PAIRS | BUY/SELL | PIPS MADE/LOST |
| MON (11/12/2023) | USD/JPY | SELL | + 60 pips |
| THUS (12/12/2023) | GBP/JPY | BUY | PENDING |
| TOTAL | + 60 pips |
In conclusion:
My trading activity was greatly reduced this week due to the busy news calendar. I could have made more pips on the USD/JPY, but rules are rules.
The GBP/JPY setup was and still is a solid bullish setup. Hopefully, in the new week, it plays out as analyzed.
I closed the week with +0.35% in profits and a floating -0.4% on the GBP/JPY, which will be decided next week
How did tour trading week go?
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