TradeRecap journal

TradeRecap

TradeRecap

Hello, everybody!
I apologize in advance for my English, but I’m going to try to write clearly.
My name is Eugene, I live in Belarus and try to earn the easiest money, the hardest way.
I'm not a big man from Wall str. and I don't have a lot of experience in trading.
My suitcase of knowledge with which I came to my personal diary at Forex Factory is:
- some books on technical analysis and industry itself;
- a huge number of articles; (which erode as soon as they're read:c)
- year of trading on a demo account and half a year on a real account (with a small deposit).
I trade regularly, every day at a fixed time. Here I will lay out all my trades, their analysis + evening analysis of the trading session + interesting research that I will find / do.
The goal:
- not to go to the diary archive in a week;
- not to upset my mom, because she thinks I'm lost in life:)
I am ready to listen to any criticism and advice. And I hope to be useful.:)
 
I trade 4 currency pairs : EUR/USD, USD/CHF, USD/JPY, AUD/CAD.
At the core of the strategy are the supply and demand zones, tracking the trends on the senior and traded timeframes.
I use 3 timeframes to trade: 1H - global picture, 5M - trade, 1M - detail.
 
27.04.2020
Currency pairs: EUR/USD, USD/CHF, USD/JPY, AUD/CAD.
TF: 1H (global picture), 5M (traded TF) and 1M (for details).

USD/JPY
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Powerful downtrend on M5. The price is headed for a very important area located at 1H (marked as Zone 1). The zone got an excellent score. I am evaluating the zones with the XLT capability amplifiers. Therefore, I expected a rebound from Zone 1 on the basis of all this. The price was approaching the zone by a strong wave, almost without kickbacks. The price painted on 1M and 5M star patterns. Entering down.

USD/CHF

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The downward trend on 1H. The price hit the zone on 1H and bounced. It was looking for the entry point near the zone at 5M (Zone 1). Zone received a high score, expected a bounce from it, and another test of zone 1H. The price formed a double top near the zone. The entrance was carried out at the end of the second vertex formation. Entrance down.

If anyone has any questions, ask them. My native language is Russian, so I express my thoughts in it. At the moment I am reading English literature on trading, in order to learn how to describe my trades in English. Thanks for understanding :)
 
27.04.2020
Evening analysis of the trading session.

I will try to analyze my trading sessions every night, looking for missed trades and interesting points for further testing.

USD/JPY

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Didn't notice the important 5M supply area. In the end, he missed the deal. Double top formation. At 1M you can see the weakening at the repeated test.

USD/CHF

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The deal was found outside the trade zone. Important offer area on 5M. Confidence is given by the first sharply rejected test. The second test shows the weakness of buyers.

Didn't find any more deals. Maybe I missed something. The two remaining currency pairs are also empty. I was not attentive today, I missed some important areas.
 
28.04.2020
Currency pairs: EUR/USD, USD/CHF, USD/JPY, AUD/CAD.
TF: 1H (global picture), 5M (traded TF) and 1M (for details).

USD/CHF

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At the beginning of the trading session there was a sideways movement. As usual, I searched for entry points at important areas. The price came to zone 1 with a strong movement. Zone 1, the zone located at 1H + has a good score, so it was an important zone for me. During the approach, I was in position on EUR/USD, so I missed a good entrance down from the zone because of my inattention. I decided to look for an entrance on a rollback, because I expected an impulse down. The price formed a nice weak pullback upwards. The retreat entrance is down by 5 candles (25 minutes).

EUR/USD

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The beginning of the downward trend by 1H. Zone 1, is the area at 5M. I expected that the price will break through this zone and was looking for the way down to the broken zone. If the expectations were confirmed, the price would continue the downtrend. The retracement entry (visible at 1M) is down by 5 candles. The trend did not continue. The deal closed in +, but it's luck.

 
28.04.2020
Evening analysis of the trading session.

USD/JPY

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The price formed a sidewall near zone 1H. The price could not break through the zone 1H and went to break through the lower border. She broke through the lower border and returned to it, forming a good set-up. At 1M we can see the weakness in the rollback.

USD/CHF

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First entrance at the top, from zone 1H. Missed it during the bidding.
The second entrance is on a rollback. We can see the weakness at the end of the retreat.
The third entrance is in the formed downtrend and is also on the retreat.

AUD/CAD

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The price could not pass the zone on 1H. Entrance on a rollback.
Formed a sidewall near zone 1. Exit from the sidewall and a weak rollback to the border. Entrance on a rollback.
 
30.04.2020
Currency pairs: EUR/USD, USD/CHF, USD/JPY, AUD/CAD.
TF: 1H (global picture), 5M (traded TF) and 1M (for details).

USD/JPY

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There's only one deal today, a lot of news on the euro and the Swiss pound.
On 1H and 5M I see a downward trend. I've marked zone 1 at 5M. I was looking for points of entry down as I approach it. The price came up and formed the necessary situation, both at 1M and 5M. Entering down by 5 candles. (25 minutes).
 
The report for the trading month.
Not many deals, but the quality has definitely improved.
I started trading on April 13th.
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04.05.2020
Currency pairs: EUR/USD, USD/CHF, USD/JPY, AUD/CAD.
TF: 1H (global picture), 5M (traded TF) and 1M (for details).

AUD/CAD

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I wanted to look for an entry point when approaching zone 1. I was looking for more of an entrance down than up. A downward trend at 1H and with the rebound, there would be a good complex rollback. I saw a good situation for myself and entered. Came in early.

USD/JPY

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The downtrend on 1H. I was looking for an entry point near zone 1. The price with numerous shadows showed the relation to the level. There was a battle between buyers and sellers (visible on 1M). The exit from this, not very smooth sidewall, was in favor of the sellers. The entrance to the shorts for 5 candles.
 
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