23rd Trading Week (03rd – 07th) of June, 2024 trade journal) • Crafting pips

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 03/06/2024

NZD/JPY (12.45 pm)

Analysis: My reason for buying was based on my bias from our Weekly Market Analysis

NZD/JPY Update (1.50 pm)

Closed manually with +3 pips

TUESDAY 04/06/2024

NZD/USD (1.45 pm)

Analysis: My reason for buying was based on my bias from our Weekly Market Analysis

NZD/USD Update (4.19 pm)

Closed manually with +4 pips

WEDNESDAY 05/06/2024

NZD/USD (9.07 am)

Analysis: My reason for buying was based on my bias from our Weekly Market Analysis

NZD/USD Update (2.50 pm)

I suffered slippage on this trade because I left it through the news (I broke my rule), and I got punished

Trade closed with -24 pips instead of -16 pips

THURSDAY 06/06/2024

USD/JPY (6.20 am)

Analysis: A massive bounce of on a key support zone, on the daily time frame and a break above a key resistance zone prompted the buy

USD/JPY Update (6.20 am)

Closed manually at +34 pips due to unemployment claims scheduled late in the day, and gave it a rest for the rest of the week

Trade activity summary for the week

DATE	PAIRS	BUY/SELL	PIPS MADE/LOST
MON (03/06/2024)	NZD/JPY	BUY	+3 pips

TUE (04/06/2024)	NZD/USD	BUY	+4 pips

WED (05/06/2024)	NZD/USD	BUY	-24 pips

THUS (05/06/2024)	USD/JPY	BUY	+34 pips

		TOTAL	+17 pips

In Conclusion:

Last week I closed with pips been in positive, but I lost -0.4% of my account because I broke a golden rule.

The golden rule was holding a trade during Wednesday’s PMI news on the USD. I suffered slippage on the NZD/USD trade. If I had exited the trade an hour before the news, I could have closed the trade at breakeven.

Other than that, I executed my trades like a champ last week.

I am looking forward to the week ahead. How did your trading week go?