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Forex Trading Journal Excel Template

Master currency trading with comprehensive pip calculations, economic calendar integration, carry trade analysis, and performance tracking across all major forex pairs.


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Master the World's Largest Financial Market

The forex market trades $6.6 trillion daily, operating 24/5 across global sessions. Success requires precise tracking of currency pairs, economic events, and carry trade opportunities. Our Forex Trading Journal transforms complex currency analysis into systematic profit opportunities.

From major pairs like EUR/USD to exotic currencies, track pip movements, calculate position sizes, and analyze correlations between economic indicators and price action. Built for the unique characteristics of forex trading, this journal helps you capitalize on interest rate differentials, central bank policies, and global economic trends.

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Advanced Currency Trading Analytics

Currency Pair Analysis

Track all major, minor, and exotic currency pairs with real-time pip calculations. Monitor bid/ask spreads, overnight financing costs, and position sizing across different account currencies. The template automatically adjusts for varying pip values and lot sizes.

Economic Calendar Integration

Correlate your trades with economic releases, central bank announcements, and geopolitical events. Track how news affects different currency pairs and identify the most profitable trading opportunities around high-impact economic data.

Carry Trade Calculator

Calculate overnight interest payments and carry trade profitability. Track interest rate differentials between currency pairs and optimize positions for maximum yield. The template includes rollover calculations and swap rate tracking.

Session-Based Analysis

Analyze performance across Asian, European, and American trading sessions. Identify which currency pairs and timeframes work best for your trading style. Track volatility patterns and optimize your trading schedule for maximum profitability.

Forex-Specific Risk Management

Leverage & Margin Tracking

Calculate effective leverage, margin requirements, and position sizing based on your account balance. Track margin calls and maintain appropriate risk levels across multiple currency positions simultaneously.

Correlation Analysis

Monitor correlations between currency pairs to avoid over-exposure. The template identifies when pairs like EUR/USD and GBP/USD are moving in tandem, helping you diversify effectively and reduce portfolio risk.

Central Bank Policy Tracker

Track interest rate decisions, policy statements, and forward guidance from major central banks. Understand how monetary policy affects currency valuations and position your trades accordingly.

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Frequently Asked Questions

Does it support all currency pairs?

Yes, the template supports all major pairs (EUR/USD, GBP/USD, USD/JPY, etc.), minor pairs (EUR/GBP, AUD/NZD), and exotic pairs. It automatically calculates pip values and position sizes for any currency pair you trade.

How does it handle different lot sizes?

The template works with standard lots (100,000 units), mini lots (10,000 units), and micro lots (1,000 units). It automatically adjusts pip values and profit/loss calculations based on your position size and account currency.

Can I track carry trades?

Absolutely. The template includes a dedicated carry trade section that calculates overnight interest payments, rollover costs, and total yield from interest rate differentials. It helps you identify the most profitable carry trade opportunities.

Does it integrate with MT4/MT5?

Yes, the template can import trade data from MetaTrader 4 and MetaTrader 5 platforms. It also supports data from other popular forex platforms like cTrader, TradingView, and broker-specific platforms.

How does it handle different time zones?

The template automatically converts times to your local timezone and tracks performance across different trading sessions (Asian, European, American). It helps you identify which sessions are most profitable for your trading style.

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Frequently Asked Questions

If you question is not covered here, you can contact our team.

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How do I analyze data?
To analyze spreadsheet data, just upload a file and start asking questions. Sourcetable's AI can answer questions and do work for you. You can also take manual control, leveraging all the formulas and features you expect from Excel, Google Sheets or Python.
What data sources are supported?
We currently support a variety of data file formats including spreadsheets (.xls, .xlsx, .csv), tabular data (.tsv), JSON, and database data (MySQL, PostgreSQL, MongoDB). We also support application data, and most plain text data.
What data science tools are available?
Sourcetable's AI analyzes and cleans data without you having to write code. Use Python, SQL, NumPy, Pandas, SciPy, Scikit-learn, StatsModels, Matplotlib, Plotly, and Seaborn.
Can I analyze spreadsheets with multiple tabs?
Yes! Sourcetable's AI makes intelligent decisions on what spreadsheet data is being referred to in the chat. This is helpful for tasks like cross-tab VLOOKUPs. If you prefer more control, you can also refer to specific tabs by name.
Can I generate data visualizations?
Yes! It's very easy to generate clean-looking data visualizations using Sourcetable. Simply prompt the AI to create a chart or graph. All visualizations are downloadable and can be exported as interactive embeds.
What is the maximum file size?
Sourcetable supports files up to 10GB in size. Larger file limits are available upon request. For best AI performance on large datasets, make use of pivots and summaries.
Is this free?
Yes! Sourcetable's spreadsheet is free to use, just like Google Sheets. AI features have a daily usage limit. Users can upgrade to the pro plan for more credits.
Is there a discount for students, professors, or teachers?
Currently, Sourcetable is free for students and faculty, courtesy of free credits from OpenAI and Anthropic. Once those are exhausted, we will skip to a 50% discount plan.
Is Sourcetable programmable?
Yes. Regular spreadsheet users have full A1 formula-style referencing at their disposal. Advanced users can make use of Sourcetable's SQL editor and GUI, or ask our AI to write code for you.
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Master Currency Trading

Take your forex trading to the next level with professional analysis, risk management, and performance tracking tools.

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