Step 3: Journaling Your Refined Trades
Now that you are using key levels, update your trade journal to track how these levels impact your trades:
| Trade # | Entry Time | Buy/Sell | Reason for Entry | Key Level Used | Exit Time | P/L | Emotion Noted |
| 1 | 10:05 AM | Buy | Bounce from support | 1.1000 | 10:30 AM | +7 pips | Confident |
| 2 | 10:45 AM | Sell | Rejection from previous high | 1.1050 | 11:15 AM | -4 pips | Frustrated |
| 3 | 11:20 AM | Buy | Breakout of resistance | 1.1050 | 11:50 AM | +10 pips | Excited |
📌 End-of-Session Review:
- Did price respect your key levels?
- Did you trade at meaningful levels or chase price?
- Was your original bias correct, or did you need to adjust?
Step 4: Lessons on Trade Quality Over Quantity
Now that you’re adding key levels to your decision-making, you should notice:
🚀 Better trade timing – Your entries are not random but based on meaningful levels.
🚀 Fewer bad trades – You are not trading just to be active.
🚀 More patience – Waiting for the right price is more important than being constantly in the market.
Key Takeaway:
It’s better to take fewer high-quality trades than to enter just because you’re supposed to be in the market.
