I will review the key trading points with a focus on the trades I took this week.
This “Weekly Trading Report” will be posted every Saturday.
If you read it together with the “Trading Scenarios” I post every Sunday, I believe it will help you see how I think ahead of time and how I actually execute trades based on those scenarios.
This “Weekly Trading Report” was scheduled to become paid content starting in August, but due to popular demand I am extending the free period and keeping it public.
From September onward, this will be offered as subscription-only paid content on X, delivered as a much richer package that will also include video.
This is not advice that says “trade this way,” nor am I claiming that this is the correct answer.
It is not about showcasing individual wins and losses, nor is it intended to recommend any particular strategy based on those results.
Rather, it demonstrates at a practical level how I repeatedly run a consistent process based on a prior scenario, so you can use it as a reference for building your own strategy and maintaining process consistency.
The results are merely one individual’s outcomes and do not guarantee your future profits.
Please keep that firmly in mind, and perform your own testing and preparation for your own trading, taking full responsibility for your decisions.
Now, please see the charts below.
USDJPY 4h
This is the 4-hour chart of USDJPY.
This week’s action is from the blue vertical line onward as shown on the chart.
I trade buying pullbacks and selling rallies on the 4-hour, and there were no points this week on USDJPY where I considered a 4-hour sell-the-rally.
(For the buy-the-dip and sell-the-rally strategies, please read my past blog posts on Dow Theory and multi-timeframe analysis.)
Next, please see the EURUSD chart below.
EURUSD 4h
This is the 4-hour chart of EURUSD.
There were also no points this week on EURUSD where I considered taking a trade.
Although I did not place any trades this week, I would like to review why I stayed out, looking back at the week’s movement through the lens of Sunday’s scenario.
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Starting with USDJPY, please see the following chart.
USDJPY Daily from Sunday’s Scenario Blog
This is the USDJPY daily chart I posted in last Sunday’s blog.
At that time, price was oscillating within the area boxed between the resistance and support lines that were both in play above and below, and from a Dow Theory perspective it was very unclear whether highs would rise or fall.
Therefore I judged the boxed area to be high risk and had pre-planned to trade only after price broke out either above or below.
With that in mind, let’s look at this week’s actual movement on the 4-hour.
4h
In reality, price broke out of that area on Thursday, but it then surged straight up to the resistance line I had drawn above in advance and quickly sold off afterward, so I was unable to trade.
If, as illustrated on this chart, it had formed a pullback first, I would have considered an entry on a lower timeframe.
While I was hoping we had finally cleared that area, price fell back into it, so I will watch how it behaves from here and build the next scenario accordingly.
Now let’s look at EURUSD.
EURUSD 4h from Sunday’s Scenario Blog
On the long side, I was going to consider buying on a lower timeframe if price showed signs of holding at the support line drawn in blue.
In Sunday’s scenario, I also considered the possibility that the green trendline drawn above could temporarily cap the advance.
Next, let’s look at the short scenario.
EURUSD 4h from Sunday’s Scenario Blog
On the short side, given that the daily trend was up, I planned to wait for price to first break below the daily moving average and then, at a point where the blue line that had been support flipped to act as resistance, consider an entry on a lower timeframe.
Taking both the long and short scenarios into account, the actual 4-hour chart unfolded as follows.
4h
I overlaid Sunday’s scenario onto the actual chart.
As you can see, while I was waiting for a pullback to buy, price fell without ever presenting an entry point.
Afterward, price briefly broke the lower support line, but then rallied without forming a return move, so I could not trade.
If it had given this kind of return move, I would have considered a short.
In the end, price pushed straight up and the advance was capped by the green trendline I had drawn, and the week ended there.
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As such, this turned out to be a week with no trades for me.
However, what matters is not trading per se, but executing what was decided in advance.
Because I identify from the chart beforehand where and what kinds of risks may be lurking and build scenarios accordingly, I can confine myself to repeatedly trading only where I have an edge.
The key is how steadfastly you can execute only the trades you should take.
There’s no need to panic with thoughts like, “I didn’t trade at all this week, I can’t make money!”
You must be prepared to wait as long as it takes until the right trading opportunity presents itself.
That very ability to wait is a skill, whereas forcing trades when no opportunity exists is not a skill at all.
Although this was the first no-trade week since I started this blog, this is normal for me, and as long as we cannot control the market, there will be weeks like this in the future as well.
What matters is consistency, and to keep following the rules consistently.
I hope this is of some help.
This “Weekly Trading Report” was slated to become paid content starting this month, but due to popular demand I will keep it free a while longer.
In this report, published every Saturday, I summarize the real-time thought process I recorded for the trades I actually took during the week, including my decisions on entries, stop-losses, and profit-taking.
From September onward, this “Weekly Trading Report” will be delivered as subscription-only paid content on X, greatly enhanced with videos and more, so please take this opportunity to experience my thinking in real time.
Please note that this is provided solely for educational purposes, is not an instruction to buy or sell, and does not guarantee future profits.
You are solely responsible for any trades you make, so take the time to build and test your strategy thoroughly and trade at your own risk.
I hope my consistent trading can serve as a reference for your own consistency.