Forex trading journal excel template

Today I will demonstrate a Forex trading journal excel template.

Why you need a forex trading journal excel template?

Beginners just want to make extra income in forex trading, they never build a trading journal. However, veteran traders have built a forex trading journal. 

• They think that trading is a business and run it on business principles.
• It can measure, track, and improve the trading performance.
• It can help you follow the forex trading plan
• It can help you build the forex trading discipline

Here is my forex trading journal excel template:

First, there are many currency pairs to trade in Forex market. However, I focus only on trading AUDUSD. 

Second, I want to use 0.01 lots for a $3000 account.

Third, Use the time frame analysis to look for the entry and exit signals. Therefore, I have to decide the direction of the trend on the weekly chart. 

Fourth, Once I have determined an uptrend, I will trade with the moving average strategy.

Fifth, I have to develop a Forex trading checklist excel. It is important to identify the general trend.

At last, I have to maintain a Forex trading journal excel.