Forex Trading Journal: Last Nights Trade Results


The Eur/Usd had a tremendous up move yesterday running up 11 hours straight. I thought that would be a good time to short the pair once the pair started to drop. I entered short and the price dropped about 30 pips and I moved my stop loss to break even. Then the pair started to move against me so I took profit on half at +20 pips. When I woke up in the morning the other half had stopped out at break even so my total was +20 pips on that trade.

Then this morning I took a trade short on the Eur/Usd on a 15 min candle close and I was up at +11 pips and could have closed at a profit but instead moved it to break even and I got stopped out at break even. I did not have time to post this trade but I did update it on Twitter that is why I highly recommend that you follow me there.

Here is my trade Journal for today.

Trade Log June 16

Next I am going to trade the Gbp/Usd for my next trade and I will be waiting for the setup. This is the same pair that Sophia just did an analysis on.

I have video setup here today rather than a chart. Please let me know which format you like better. The pair is Gbp/Usd and the time is 12 noon. I will update with a live trade video when I take the trade.

I have updated this to add the entry video which was about 2 hours later.

I have just updated the last posistion on this trade closing at 1.4714 for a total of +110 pips. i will include the updated trade journal in tomorrows trade.

june 16 gbpusd close

june 16 gbpusd close

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Casey Stubbs is the founder of Winners Edge Trading, which is one of the most widely read forex sites on the web. Winners Edge Trading has trained thousands of people to trade the Forex markets.

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  • Ranajs

    Liked this format. Gave a lot of info. especially your logic for entering into the trade. Would like tosee some more

  • Patfung

    Hi Casey, thanks for the call on the short GBDUSD last night. Placed it before bed @1.4824 and woke up to a nice +120 pips now.

  • That is the total for this month and yes it has profit and loss included

    thanks

    casey

  • Thanks for the feedback, I think i will mix it up because the video is more educational.

  • Agni

    Hi casey: question for you about the trade journal. Are the profit / loss indicated in there is this month's total? or today's total? – Thanks / Agni.

  • coolshades

    prefer charts casey. the videos take time to load and not very 'office' friendly!