Hey traders,
Welcome to 2023… Pipsmanship will be used as one of my trading journals going forward.
The reason for this is to encourage traders to keep one for two major reasons:
- Track their weekly trading performance.
- Work on their trading technique and psychology
Both can only be done when you keep a comprehensive journal, and review it every week.
Welcome to 2023
Hello traders,
CAD/JPY will be my first trade of the year due to its daily breakout
TUESDAY (03/01/2023)
Sold CAD/JPY at 4 pm based on the daily tf going below the key support zone
cad/jpy daily
cad/jpy 4hr
Conclusion:
Lost -168 pips on CAD/JPY. Trade hit SL around 3pm on Wednesday
WEDNESDAY 7.30AM
Today I took a sell trade on GBP/AUD, I have been tracking this pair since I dropped Tuesday analysis
NOTE: My CAD/JPY is still active
GBP/AUD (locked +44 pips) 11am
Conclusion:
Trailing SL got hit and +44 pips was bagged
Thursday 10.30pm
Sold AUD/JPY, following our Friday analysis
AUD/JPY (Pending)
Carrying over the AUD/JPY trade into next week, so we will conclude on how my first week ended after the close of the AUD/JPY
Monday 09/01/2023
Finally I closed the AUD/JPY trade from last week with a -125 pips loss
DATE | PAIRS | BUY/SELL | PIPS MADE/LOST |
03/01/2022 (TUE) | CAD/JPY | SELL | – 168 pips |
04/01/2022 (WED) | GBP/AUD | SELL | +44 pips |
05/01/2022 (THUS) | AUD/JPY | SELL | -125 pips |
TOTAL | – 249 PIPS |
In conclusion:
My first week of trading closed with 2 bad trades and one good trade. It could have been 3 bad trades if I had not trailed my GBP/AUD trade, so I am thankful.
No regrets so far…The game is on
NOTE:
Hey traders,
If you are into trading for proprietary firm which I believe you should due to the huge advantages involved, look no further
You will enjoy a 5% discount if you use any of these two proprietary firms:
The funded trader needs no introduction, as they are currently becoming one of the most sorted proprietary firms in the industry due to their flexible challenge rules which consist of you being able to use an EA (expert advisory or trading robot) on one of their packages.
Also their packages are pretty affordable, which also comes with unlimited trials even if you fail to hit the set target within the 35 days period. If you are interested in getting a 5% discount upon purchase, hit THE FUNDED TRADER and use THE0CRAFTER as the coupon code
2. fundyourfx
Fundyourfx are a prop firm that caters for those traders who are not interested in sitting for any challenges. They have the cheapest direct funded account in the industry.
Once you purchase any of their packages, all you have to do is stick to their trading rules and get paid every time you hit +10% ROI, while your account is automatically increased by +50% of initial capital. If you are interested in getting a 5% discount upon purchase, hit FUNDYOURFX and use THE_CRAFTER as the coupon code