Trading Journal: Mixed Results During the Second Trading Week in 2021

6 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

The second week in 2021 was a bit mixed. We had 13 trades in total: 6 trades were winners but 7 closed as a loss. 

That said, the ecs.LIVE service has had a long streak of positive results overall so a weaker trading week is part of the trading game.

6 Wins & 7 Losses in the Second Week 2021

We had +78 pips in total but the end result was a loss of -2.25%. Most of our GBP trades closed in a loss due to a whipsaw on the chart. Although we managed to recover the losses a bit with two nice wins on the GBP/USD. See the image below for all of the stats.

Due to the specific risk portfolio of each trader, I urge you to take a look at our SpreadSheet where I have been thoroughly writing down each trade I send in the Telegram channel.

Trade Summary

1 Jan 10 EUR/USD Long 1.224 2.00 Loss -55
2 Jan 11 GOLD Short 1847 0.50 Win 120
3 Jan 11 GBP/CAD Short 1.7275 0.50 Loss -40
4 Jan 11 GBP/CAD Short 1.7275 0.50 Loss -40
5 Jan 12 GOLD Short 1855 0.30 Win 70
6 Jan 12 GBP/USD Short 1.361 2.00 Loss -55
7 Jan 13 EUR/USD Short 1.22 2.00 Win 50
8 Jan 13 GBP/USD Short 1.366 0.50 Win 80
9 Jan 14 EUR/JPY Long 126.3 1.00 Loss -32
10 Jan 14 GBP/USD Long 1.3645 1.00 Win 40
11 Jan 15 EUR/USD Short 1.2155 0.50 Win 35
12 Jan 15 AUD/JPY Long 80.25 0.50 Loss -30
13 Jan 15 GBP/USD Long 1.365 0.50 Loss -65

Trade of the Week: GOLD

GOLD was the trade of the week, giving us a total of 120 pips. Black Widow Trade has been executed flawlessly.

To get a much deeper understanding of the Black Widow please read this article. You can get both the live trading setups and CAMMACD system that generates them via our website.

Cheers and safe trading,
Nenad

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