How to start journaling properly

Step One:
Mindsets when approaching journaling
 Journaling removes emotional trading
Journaling is an exercise that helps removes emotional trading.

Traders who do NOT journal consistently fail to make any fast

progress.

When we journal, we give ourselves a new reference point for

seeing Interbank concepts appear in the charts.

After journaling for a while, and still seeing Interbank methods

work every day.

Not only will you have a firm understanding of the Interbank

Concepts, but you will also trust that these phenomena repeat
every day or week.

Therefore, that should remove any potential emotions of

uncertainty such as Fear.

 Journaling removes emotional trading

Uncertainty forms when you have questions but no answer.

When is the setup going to form?

Where is the setup going to form?
How is the setup going to form?

Then whilst you are trading, these questions turn into worry,
doubt, and then anxiety.

You might start doubting your entry or lock up profits quickly.

Before you know it, you have fallen victim to fearful trading just
because of unanswered questions.

Journaling will help you build Certainty in your trading.

Traders who journal are certain their strategy works because

they see it with a new case study every week.

They know when it's most likely to form, so they position

themselves in those moments in real-time.

They also know how to maneuver and manage that trade setup
based on what's currently going on.

 Build the Pattern Recognition Muscle

If Journaling is an exercise, then the Pattern recognition
muscle is what you are trying to train.

Every time you have journaled successfully for a day, consider

that day a success.

What matters is how consistent you are with Journaling, rather

than the amount you do within a day.

If daily logging and journaling is part of your routine for 30

minutes a day...

Over time, you will have such a grasp and firm understanding
of interbank concepts, you start dreaming about them.

Contrast that with someone who is daily logging and journaling

for 5 hours in 1 day, but then misses out on the entire week...

Sure they will progress, but not as fast as someone consistent,

always staying sharp, and priming their Pattern Recognition
Muscle daily.

 Build the Pattern Recognition Muscle

To grow a muscle, consistency is the #1 rule to follow.

Similar to how we want to grow our lats and biceps, we must complete pull-ups
multiple times a week, then over time, the muscle will develop.

Have the same mindset when you approach journaling.

Journaling is an example of delayed gratification.

You are not going to see results in 1 or 2 days.

But if you stick with it for months and months, over time your trading muscle
will be so strong you can spot patterns instantly.

What matters is consistency.

Your mindset should be focusing on becoming a better version of yourself

every week.
 Step Two:
The journaling process
 Selecting 1 Topic to Dial In
When you start journaling, it's easy to clutter the charts with
everything you know.

Whilst this may feel productive, we can’t track our progression in

understanding as easily.

Our goal should be to understand a single concept first deeply,

then look at how it intertwines with all other concepts.

By taking this step-by-step approach to understanding concepts,

once we can intertwine it with another concept, our understanding
of the concepts deepens as a whole, and we have just leveled up
our trading.

Now if you do that multiple times, you will find consistency in your
trading, however, you can’t rush the process.

 Selecting 1 Topic to Dial In

1 Concept might take you 1 to 2 months to figure out, but once
you finally do, you will never forget it.

And then that 1 epiphany will lead to many more breakthroughs to

come. You just have to be patient.

Whilst you are focusing on 1 topic, you will be studying in your

discomfort zone.

Things don't seem right at first, but when you see examples repeat
over and over again, the algorithm will make you understand it
deeper.

That’s why the best trading mentor out there is Price Action itself.

 How to arrange your charts

As we are going to learn in the modules, each time frame and
perspective will serve its unique purpose.

When we are journaling, we want to make sure that our charts

represent that, and every detail on that chart is salient to serving
that purpose.

Long-term Perspective:
What is the Narrative
Key Higher Time Frame Levels
Draw on Liquidity
Dealing Range Premium to Discount

Intermediate-term Perspective:
What is the Framework
Market Structure Breaks
Institutional Order Flow
Classifying Swing Points
Swing Projections

Short-term Perspective:
What Trade Setups occurred?
Kill Zones
Entry Pattern
Liquidity & Inducements
Long-term Perspective:
What is the Narrative
Key Higher Time Frame Levels
Draw on Liquidity
Dealing Range Premium to Discount
Intermediate-term Perspective:
What is the Framework
Market Structure Breaks
Institutional Order Flow
Classifying Swing Points
Swing Projections
Intermediate-term Perspective:
What is the Framework
Market Structure Breaks
Institutional Order Flow
Classifying Swing Points
Swing Projections
Short-term Perspective:
What Trade Setups occurred?
Kill Zones
Entry Pattern
Liquidity & Inducements
Short-term Perspective:
What Trade Setups occurred?
Kill Zones
Entry Pattern
Liquidity & Inducements
Short-term Perspective:
What Trade Setups occurred?
Kill Zones
Entry Pattern
Liquidity & Inducements
Short-term Perspective:
What Trade Setups occurred?
Kill Zones
Entry Pattern
Liquidity & Inducements
 Step Three:
Master a trading niche
 Every Trading Niche is unique.
Each market asset and pair have different players, different time
zones, and different characteristics…
So many little nuanced details that make each pair unique to one
another.

That’s why we categorize every market asset into trading niches.

We categorize a market with the following:

What time does the market move
What other assets is it correlated negatively with
What other assets is it correlated with positively with

Example: Indices Niche

Morning Session, AM session
Dollar Index
Spooz, Dow, Nasdaq

One trading Niche should have 4 markets minimum:

Dollar Index
Barometer - The king of currencies that governs all markets
Spooz
Finding Trades within Morning and Afternoon Session and SMT
Nasdaq
Finding Trades within Morning and Afternoon Session and SMT.
Dow
Confirmation of Trade Setups with SMT Divergence,
Example: Indices Niche
Morning Session, AM session
Dollar Index
Spooz, Dow, Nasdaq

One trading Niche should have 4 markets minimum:

Dollar Index
Barometer - The king of currencies that governs all markets
Spooz
Finding Trades within Morning and Afternoon Session and SMT
Nasdaq
Finding Trades within Morning and Afternoon Session and SMT
Dow
Confirmation of Trade Setups with SMT Divergence,
Example: Indices Niche
Morning Session, AM session
Dollar Index
Spooz, Dow, Nasdaq

One trading Niche should have 4 markets minimum:

Dollar Index
Barometer - The king of currencies that governs all markets
Spooz
Finding Trades within Morning and Afternoon Session and SMT.
Nasdaq
Finding Trades within Morning and Afternoon Session and SMT.
Dow
Confirmation of Trade Setups with SMT Divergence,
The Indices Niche will have characteristics in price action that are
unique when compared to trading foreign currencies.

Foreign Currencies expand mostly during the London Session,

whilst Indices expand during Equities Opening.
2 different characteristics.

Example: Foreign Currencies Niche

London Session, New York Session, London Close Session
Dollar Index
Euro/Usd, Gbp/USD, EurGbp

 Find what niche suits you best as a Trader

Understanding that currencies and pairs have their niches, it’s time for you to select which
trading niche suits you best as a Trader.

Only you can answer this for yourself but here are some questions to think about:
What time of day can I be most active consistently?
What trading session best suits my style of trading

If you can only be active in Asian Session because of your schedule, you can consider
trading Foreign Currencies Aud/USD and Nzd/USD.

This is because the Australian Dollar and New Zealand Dollar move during Asian Hours.
 Step Four:
Daily Routine
 Start Finding Examples
The structure of your journal = Long-term, Intermediate-term, and Short-term Perspective
Trading niche: Foreign Currencies Euro/Usd & Gbp/Usd

It’s time for you to find examples and fill out your study journals.
As I said, consistency is what matters most, not long hours.

If you can follow the template below consistently for months, you will be on the fastest track
to developing as a Trader.

Monday to Friday (Study Checklist)

1. Study 1 Video
2.Log the Daily Range
DXY
EUR
GBP
EURGBP

Saturday to Sunday (Study Checklist)

1. Backtesting the Weekly Range for 1 hour
2.Log the weekly Range
DXY
EUR
GBP
EURGBP

Understand that you don’t need to watch a study video daily, but logging the Daily Range
and Weekly range is a MUST.

Logging the Daily Range and Weekly Range should take you about 1 hour per day.
You want to be very clear and detailed about the 4 assets within 1 trading niche.
Closing Notes
After I discovered how to journal properly I felt my trading game
and level increased every month.

I can reference my old charts from 4-5 years ago and see that I
am on a completely different level.

If you make journaling a daily practice you do whilst embarking on

your trading journey, I can assure you that you will have a high
probability of succeeding in trading.

Your future-self will thank you.

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