It was a rewarding week for trading, with market movements aligning closely with expectations. I executed two trades, adhering to my principle of one trade per session. In the London session, I secured a gain of 90 pips, followed by another 50 pips in the Pre-New York session. With these trades completed, I'm closing out the week on a positive note.
Looking ahead, I'm shifting my focus to studying the movements of the Pacific session, recognizing the importance of understanding global market dynamics. Additionally, I'm committed to cultivating more patience in my trading approach, allowing opportunities to develop organically.
The upcoming release of CPI data next week is on my radar, prompting me to prepare and analyze potential market reactions. This anticipation is fueled by the recent bullish rally in gold, from which I managed to capitalize on profitable trades.
As the weekend approaches, I plan to dedicate time to sharpening my trading edge. Central to this endeavor is the practice of trusting my ideas and strategies, reinforced by diligent journaling of my trades throughout the week. By reviewing and analyzing past performance, I aim to refine my skills and enhance my decision-making process.
With a focus on continuous improvement and disciplined execution, I'm optimistic about the opportunities that lie ahead in the coming week. Until then, I'll remain vigilant, preparing to navigate the markets with confidence and precision.
