Hello Traders!
I hope you had a great week.
My week was pretty decent but I missed another trade that was a winner 🙁
I could have taken the trade as well but as I was getting ready to travel, I justified an excuse to not take the trade when I very easily could have still objectively executed it.
Annoying it happened to be a winner and it does feel like I’m not destined to make this work but I need to keep pushing on, it will work eventually!
Let’s take a look into the charts.
MONDAY:
Trade today which took forever to tag me in, consolidating between cancel order and tagging me in for over an hour. End result was a loss.
P&L: -$245.53 | Trades: 1 | Result: Loss
TUESDAY:
Nothing for today. Price just chopped around with no clear direction. Almost had 2 trades but the setups failed.
P&L: $0 | Trades: 0 | Result: Win/Loss
WEDNESDAY:
Potential trade idea but the pivot was not mitigated. Range was more than 10 pips so I get unsure about the idea. If I did leave it on it would have been a 1.8R gain.
P&L: $0 | Trades: 0 | Result: Win/Loss
THURSDAY:
Missed a win today as I was getting ready to travel. I saw the setup happen but used my excuse of getting ready to not take the trade and avoid the pain of losing.
P&L: $0 | Trades: 0 | Result: (missed win)
FRIDAY:
NFP (non-farm payrolls high impact USD news) = No trade day
P&L: $0 | Trades: 0 | Result: Win/Loss
WEEKLY RECAP
Closed Trades:
What went well: I don’t think much, it was an average week at best.
What to improve: Objective execution and sticking to my time schedule. For example, although the trade on Tuesday was valid, it did occur outside of my session window. It’s just that tricky scenario where it all setup during session but took forever to tag it it, by which point session was long over.
Focus for next week: Again just working on objective execution but I do want to stay disciplined to my trading window.
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See you next week and happy trading!