36th Trading Week (03rd – 08th of September, 2023 trade journal) • Crafting pips

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

Track 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 04/09/2023

EUR/JPY (6.50am)

Analysis: This trade was inspired by our weekly market analysis

TUESDAY 05/09/2023

EUR/USD (10.15am)

Analysis: Head and shoulder formation spotted on the EUR/USD, and taken

EUR/USD Update (10.15am)

Analysis: I locked +6 pips , and was taken out by a pullback

EUR/JPY update(10.30am)

Analysis: Added to my EUR/JPY buy position

WEDNESDAY 06/09/2023

EUR/JPY Update (7.15am)

Analysis: I manually closed my scaling in position on EJ with -68 pips loss (-45 & -23)

NZD/USD (6.25 am)

Analysis: This trade was inspired by our Wednesday market analysis

GBP/CAD (9.35 pm)

Analysis: My reason for selling was inspired by our Thursday Market Analysis

THURSDAY 07/09/2023

GBP/CAD Update (9.35 pm)

Analysis: Trailing SL was activated after price met movement met some criteria. I closed with +38 pips

FRIDAY 08/09/2023

NZD/USD Update(11.30 pm)

Analysis: I am still holding on to this Wednesday trade. Currently on positive, but we will conclude on it next week.

Trade activity summary for the week

DATE	PAIRS	BUY/SELL	PIPS MADE/LOST
MON (04/09/2023)	EUR/JPY	BUY	– 68 pips

TUE (05/09/2023)	EUR/USD	SELL	+ 6 pips

WED (06/09/2023)	NZD/USD	SELL	Pending

	GBP/CAD	SELL	+ 38 pips

		TOTAL	– 24 PIPS

In conclusion:

I executed my trading plan 100% this week, and I am happy for that.

The EUR/USD trade could have earned me more pips if I didn’t activate my trailing SL, but my trailing SL also saved me from the EUR/JPY (scaling in). For that I am thankful. Like I always say:

You trading system may leave a lot of money on the table, but it also guards you from losing a lot of money during critical conditions. I took a little loss this week (less than 0.4%). I am also looking forward to the NU trade materializing this week

We still have 3 solid trading weeks, in the month of September, so I am confident.

How did your trading week go?

NOTE:

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