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.
THURSDAY 01/02/2024
GBP/JPY (7.30am)
Analysis: Another breakout below a key support support zone on the GBP/JPY gave me a go ahead to further sell, but it was short-lived as I left with +7 pips
CAD/JPY (9.50 pm)
Analysis: The buy was inspired from our Friday Market Analysis
FRIDAY 02/02/2024
CAD/JPY Update (9.50 pm)
Analysis: Trailing Sl stopped me out at +15 pips
Trade activity summary for the week
| DATE | PAIRS | BUY/SELL | PIPS MADE/LOST |
| MON (29/01/2024) | GBP/JPY | SELL | +7 pips |
| CAD/JPY | SELL | +15 pips | |
| TOTAL | + 22 pips |
In conclusion:
I started the week strong. It could have been better as I left a lot of money on the table on the CAD/JPY trade. But that happened because I was strict on my rules.
Friday’s are my week day’s in the market. Again, Friday was filled with high impact news on USD, so staying on this trade was not something I looked forward to.
That said, I closed the first week of February with about +0.3% profits, and looking forward to next week
How did your week go?
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