Journal example: best and worst EURUSD scalp this month
Posted: Tue Oct 06, 2026 3:56 pm
Here is my best and worst EURUSD scalp from this month, with what I learned from each.
Best: a Tuesday, 08:20 London. Price broke above the Asia high at 08:05 with a strong candle and normal spread. I waited for the first pullback, which came back to within two pips of the Asia high and held. Entry long on the M1 close at 08:21, stop below the pullback low, 4 pips. Target at the previous day's high, 9 pips away. Hit at 08:48. Result: a bit over 2R after costs.
Why it worked: the level was marked before the open, the setup matched my card exactly, and I did nothing clever.
Worst: a Thursday, 13:28 London. I was flat for the day, bored, and saw what looked like a breakout. I went long two minutes before US data that I had on my calendar but ignored. The release went against me and the stop slipped by 1.5 pips. Result: about minus 1.4R.
Why it failed: every rule I have about news was broken, and the reason was boredom, not a setup.
The lesson is the same every month. My best trades are the most boring ones, and my worst trades start with a reason that is not on the card.
Best: a Tuesday, 08:20 London. Price broke above the Asia high at 08:05 with a strong candle and normal spread. I waited for the first pullback, which came back to within two pips of the Asia high and held. Entry long on the M1 close at 08:21, stop below the pullback low, 4 pips. Target at the previous day's high, 9 pips away. Hit at 08:48. Result: a bit over 2R after costs.
Why it worked: the level was marked before the open, the setup matched my card exactly, and I did nothing clever.
Worst: a Thursday, 13:28 London. I was flat for the day, bored, and saw what looked like a breakout. I went long two minutes before US data that I had on my calendar but ignored. The release went against me and the stop slipped by 1.5 pips. Result: about minus 1.4R.
Why it failed: every rule I have about news was broken, and the reason was boredom, not a setup.
The lesson is the same every month. My best trades are the most boring ones, and my worst trades start with a reason that is not on the card.