8th Trading Week (19th – 23rd) of February, 2024 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 19/02/2024

NZD/JPY (8.30 PM)

Analysis: My reason for buying was inspired by our Weekly Market Analysis

 

TUESDAY 20/02/2024

NZD/JPY Update (12.50 PM)

Analysis: Added position to my already existing NJ trade

 

WEDNESDAY 21/02/2024

NZD/JPY Update (6.50 am)

Analysis: I finally closed this trade with +71 pips (2 positions) 

 

NZD/JPY  (4.40 pm)

Analysis: I used my Fib levels to hunt for buy opportunities on the NZD/JPY. This trade was painful because after hitting my SL, price went straight to my TP. So I lost -13 pips

 

THURSDAY 22/02/2024

AUD/JPY (7.34 pm)

Analysis: The buy was inspired by our Friday Market Analysis. I ended up closing this trade with +13 pips (trailing SL)

 

Trade activity summary for the week

DATE PAIRS BUY/SELL PIPS MADE/LOST
MON (19/02/2024) NZD/JPY  BUY  + 71 pips
   
WED (21/02/2024) NZD/JPY  BUY  – 13 pips
   
THUS (22/02/2024) AUD/JPY BUY + 13 pips
   
TOTAL   + 71 pips

In conclusion:

This week was one of my best week’s in recent times.

I was extremely busy creating content, and at the same time trading, so I could not document all the trades I took.

That said, my execution on all my trades was flawless. I closed with almost +10% ROI on one of my accounts. So I passed phase 1 even though I suffered 2 bad weeks in a row

On my other accounts, I made +2% to +4% ROI.

Looking forward to the next trading week.

How did yours go?

 

NOTE:

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

 

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