Trading Journal #01 — XAUUSD Buy Setup (21 October 2026)
📊 Trade Details
- Date: 21 October 2026
- Symbol: XAUUSD (Gold)
- Direction: Buy
- Entry Price: $4,128.96
- Stop Loss: $4,124.53
- Take Profit: $4,138.12
- Risk-to-Reward Ratio: 1:2.1
- Setup: 8 AM Low Sweep + 3-Minute FVG
🎯 Trade Setup & Reasoning
My trading idea was based on a liquidity sweep of the 8 AM low and a Fair Value Gap (FVG) identified on the 3-minute timeframe.
The plan was to enter a Buy position after identifying a potential bullish reversal setup.
Trade thesis:
- Identify a potential liquidity sweep around the 8 AM low.
- Look for a 3-minute FVG as part of the setup.
- Define the entry, stop loss, and take profit before entering.
- Maintain a planned risk-to-reward ratio of approximately 1:2.
🛡️ Risk Management
| Parameter | Price |
|---|---|
| Entry | 4,128.96 |
| Stop Loss | 4,124.53 |
| Take Profit | 4,138.12 |
| Risk per unit | 4.43 |
| Reward per unit | 9.16 |
The planned risk-to-reward ratio is approximately 1:2.07.
📈 Trade Outcome
- Status: Pending outcome
- Actual Exit Price: Not recorded
- Profit/Loss: Not recorded
I will update this section after the trade closes.
🧠 Post-Trade Review
After closing the trade, I will review:
- Did the liquidity sweep occur as expected?
- Was the 3-minute FVG a valid part of the entry setup?
- Did I follow my risk management rules?
- Did I exit according to my plan?
- What can I improve in the next trade?
📌 Key Lesson
A single trade does not determine whether a strategy is profitable. I need to document multiple trades, follow consistent rules, and evaluate the results over time.
Disclaimer: This is a personal trading journal for educational and analytical purposes, not financial advice.
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