A forex trading recap is a structured review of trading activity over a specific time period — typically daily, weekly, or monthly — that helps traders refine strategies, identify patterns, and improve decision-making. It is an essential habit of successful traders and plays a critical role in professional development and consistent profitability.

Why a Forex Trading Recap Matters

• Improves trading discipline
• Highlights emotional mistakes
• Identifies which strategies are working
• Tracks risk-to-reward ratios over time
• Reinforces learning and skill progression

What to Include in a Trading Recap

1. Trade Summary

• Instrument traded (e.g. EUR/USD, GBP/JPY)
• Trade direction (long or short)
• Entry and exit price
• Time and date
• Position size

2. Trade Rationale

• Was it based on technical, fundamental or sentiment analysis?
• What was the trade setup?
• Did the trade align with your trading plan?

3. Outcome and P&L

• Net profit or loss
• Risk/reward ratio achieved
• Any slippage or execution issues

4. Lessons Learned

• What went well?
• What could have been done better?
• Was the setup valid in hindsight?

5. Screenshot or Chart Markup

Attach annotated screenshots showing:

• Entry point
• Stop loss and take profit levels
• Indicators used (e.g., Ichimoku, RSI, MACD)

Example Weekly Forex Recap:

Pair	Direction	Entry	Exit	Pips	Result	Notes
EUR/USD	Long	1.0745	1.0810	+65	Win	Breakout above resistance confirmed
GBP/JPY	Short	182.60	183.40	-80	Loss	Ignored reversal signal; poor entry
AUD/USD	Long	0.6580	0.6615	+35	Win	Confluence setup with RSI and trendline

Integrating Recaps into Your Routine

A trading recap should be done at the end of each trading session, and compiled weekly for better analysis. Platforms like Notion, Excel, or journaling apps can be used to systematise recaps. For advanced tracking, spreadsheet dashboards with trade filters, win-rate analytics, and strategy tags are highly recommended.

Midway through our Forex Course, students are guided to build a personalised trading journal with recap templates, enabling professional-grade performance tracking.

Key Takeaways

• A trading recap helps you evolve as a trader by documenting actions, outcomes, and lessons
• Include trade details, setups, outcomes, and annotated charts
• Analyse performance by strategy and trading session
• Use recaps to break bad habits and reinforce profitable behaviours

Frequently Asked Questions

What is the purpose of a forex trading recap?

To review trading performance, identify patterns, and improve strategy through reflection.

How often should I do a trading recap?

Ideally after each trading day, with weekly summaries to spot trends.

What’s the best format for a trading recap?

A spreadsheet or journal with columns for date, pair, entry/exit, result, and notes is ideal.

Should I include losing trades in my recap?

Yes, losing trades offer the most learning. Skipping them limits your growth.

Can I automate trading recaps?

Yes, some trading journals and broker platforms offer export features to auto-log trades.