Journaling Trades

Journaling TradesLesson 4 of 105 min read

Against the daily

What the confluences field looks like when the same mistake is in it four times, and the one decision that follows from seeing it written down.

Module 41 taught you to read your losses side by side and find the line that repeats. This lesson is what that looks like when the higher chart readings are in the field.

One entry on its own

Gold's daily candle closed at 2,394, below the 2,396 low, so the day belonged to sellers.

You bought anyway, on a sweep and a break on the 15 minute, and the trade lost. Written up, that row reads: two pieces, daily seller, 4 hour seller, 1 hour buyer.

One row like that is a bad day, and nothing more.

Four entries that match

Now the same three chart readings appear in four losing rows out of six.

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