This is where I share all my trades taken each and every week.
My reason for this is to encourage traders to also keep one for two major reasons:
- Track weekly trading performance.
- To have enough date to be able to work on their trading technique and psychology
Both can only be done when you keep a comprehensive journal, and review it every week.
MONDAY (13/02/2023)
CAD/JPY (11.05 am)
Analysis: I decided to buy CAD/JPY due to price breaking a key resistance zone that has held price for almost 2 months.
That said, this is an intra-day trade, so I do not intend to hold it past Monday… EXCEPT the bulls continue their rampage and my trailing SL is not triggered
CAD/JPY Update (3.50pm)
Closed at breakeven
NZD/USD (11 PM)
Analysis: My reason for buying was shared in our Tuesday market analysis. I don’t intend holding this trade for long as we have CPI news scheduled for 2.30 pm Tueday. So I will most likely exit or trail profits before the beginning of the London session
CAD/JPY (11.30PM)
Analysis: My reason for buying was shared in our Tuesday market analysis. I also don’t intend holding this trade for long as we have CPI news scheduled for 2.30 pm Tueday.
TUESDAY (14/02/2023)
GBP/CHF Update (1.30 pm)
Exited before CPI news with +32 pips (This was taken last week, so I will be recording it under 6th trading week
CAD/JPY Update (1.30 pm)
Exited before CPI news with -11 pips
NZD/USD Update (1.30pm)
Exited before CPI news with -15 pips
USD/JPY (10.30 pm)
Analysis: My reason for buying USD/JPY can be seen on our Wednesday analysis
CAD/JPY (11.45 pm)
Analysis: My reason for buying CAD/JPY can be seen on our Wednesday analysis
WEDNESDAY (15/02/2023)
USD/JPY Update (11.05 am)
Analysis: Adding to the USD/JPY buy after the retest. Let’s see how it goes
USD/JPY follow up (1.30 pm)
Closed the trade with +57 pips
THURSDAY (16/02/2023)
The CAD/JPY I bought on Tuesday closed as breakeven
FRIDAY (17/02/2023)
Normally I rarely trade on Friday’s, but I spotted two hot setups (EUR/USD & USD/JPY) I just could not resist. let’s not also forget that at 2.30 pm we have a high impact news on USD, so I will be exiting this trade on or before 2 pm.
Let me share the setups:
USD/JPY 7.05 am
Analysis: Tuesday and Wednesday were spent in a fierce battle between the buyers and sellers, hence the reason why the resistance zone stood strong.
Friday presented us with a decent breakout which means that the bulls won the battle, hence my reason for joining the buyers
EUR/USD (7.05 am)
Analysis: I shared my analysis on Friday and I planned on selling ONLY when the daily candlestick breaks below the consolidation band… It did not, but I still sold because I spotted the buyers were already getting weak.
That said, I don’t plan on staying in this trade for long. I will be out before 2 pm
EUR/USD Update 11.05am
Analysis: Second position added after a bearish validation at the close of the 6 am candlestick
USD/JPY Update (1.25pm)
Trailing SL got hit, so we closed with + 6 pips
Trade activity summary for the week
| DATE | PAIRS | BUY/SELL | PIPS MADE/LOST |
| MON (13/02/2023) | CAD/JPY | BUY | Breakeven |
| NZD/USD | BUY | – 15 pips | |
| CAD/JPY | BUY | – 11 pips | |
| THUS (16/02/2023) | USD/JPY | BUY | +57 pips |
| CAD/JPY | BUY | Breakeven | |
| FRI (17/02/2023) | USD/JPY | BUY | + 6 pips |
| EUR/USD | SELL | + 18 pips | |
| TOTAL | + 55 PIPS |
In conclusion:
This week was riddled with high impact news events so I lost a lot of potentially good trades by exiting early.
It was so bad that I exited my Friday trades early because I though there was a high impact news on USD by 2.30 pm (hahahha)
I am not complaining though because a win is a win, and all my trades were well executed.
How did your trading week go?
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