Self-Analysis Trading Journal

This trading journal was created for the sole intention of tracking trading ideas.

As the posts have a time stamp, it allows for checking of historical trading ideas as well, which would enhance future learning.

The ideas are based on a simple support-resistance strategy coupled with some indicators and money management.

The target is hitting 10% month-on-month based on the current journal but I believe the way forexfactory tracks it is different from how I track it, so let's see how things go.

GBPJPY bounced on long time frame and is looking towards previous trendline support now turned resistance. On the short time frame, we are also meeting past support now turned resistance.

EURUSD is bouncing up on long time frame with potential to hit close to 1.19. Short time frame currently meeting some resistance, a small retracement might be possible before further buy

GBPUSD is bouncing up on long time frame with potential 1.355 to 1.357, similarly short time frame also looks a bit capped, so will expect a small retracement

NZDJPY short time frame looking to come back down slightly, aiming around 77.35

NZDUSD long time frame is bouncing, but looks to also retrace on the shorter time frame

USDCHF long time frame may fall further 0.9785 or so, short time frame facing support but overall still seems that it would come down over time

Missed a lovely small trade lower on AUDJPY and AUDUSD where there was some divergence and allowed for some small profits, but there is a possibility of break out and retest here so it's best to stay out of it

EURGBP finally out of boring range, looking for it to break 0.8835

Small profits taken on EURJPY short, but overall looking for it to go up further on long time frame. There is a possibility that we print lower highs and go further beyond 125

Good profits on EURUSD as long time frame says up. We are almost at 1.19 as previously estimated but short time frame showing slow down here with overbought behavior, might give one last push though

Short time frame is affect GBPJPY as it shows overbought behavior. Also possible to tap 147.11 and bounce

GBPUSD long time frame looks bullish but medium time frame appears capped by EMA, will look for further confirmation. Should test 1.357 if up, or 1.32x if down

NZDJPY 77.35 met, currently seems like it still wants to go higher

NZDUSD long time frame still bullish, but medium and short time frame are showing signs of weakness

USDCHF just broke the 0.984 support level, still possible to go much lower

Long term on XAUUSD looking at further down side but medium term would probably have a bounce up to around 128x

EURUSD bouncing against 1.158, looking for possible upwards move, any break will likely results in selling to 1.144x

USDCAD medium term looking good for a sell off down to around 1.312

XAUUSD has seen some mid term buying strength, coming off a 1160 low. Daily doji with bullish retracements brings trading to neutral zone. There is always a possibility that this is retracement before a further move lower down to 1123.x.

AUDUSD also at critical lows. Past 2 weeks showed green candle but this week's bearish candle seems to have casted that aside. Likely further lows coming but 0.72 is previous important support area. Failing which we would see 0.68x.

With AUD dropping this much, EURAUD has been rising up to previous resistance levels at 1.61x. Overbought mid-term, good chance of seeing some retracement.

NZDUSD also seeing huge downward movements since late 2017. Currently bounced off 0.66x past support level, possibility of going lower is strong, look to re-test 0.65x lows.

Above pairs see XAU, AUD and NZD as co-related pairs.

EURGBP finally coming lower after seeing strong pushes up over the past few weeks. Current levels see past resistance level at 0.894x and might allow for a short-term bounce before going lower.

Good bearish set up on EURJPY, likely see the pair coming lower.

EURUSD and EURJPY are on the same page currently. With good short-term bearish strength, we could see it go closer to 1.15.

GBPJPY mid-term also overbought but long term seems ready for a good bounce.

GBPUSD and GBPJPY on the same page as well, with long-term possibility to go higher.

The movements may affect EURGBP and push it lower with GBP more likely to gain strength in the coming weeks.

USDCHF is also very oversold mid-term, allowing for good buying opportunities here. Possibility of retracement to 0.98x previous support level before going lower. This would also affect EURUSD.