About Pippin Ain't Easy

Like the title of this blog suggests, making pips in the Forex is easier said than done. This "reality blog" will allow you to follow my life as a Forex trader. I'll not only discuss trades, but also my emotions during these trades. You'll see my ups and downs, my highs and lows, and my smiles and tears.

This is the true story of one man, picked to live in front of his computer screen and find ways to make money off the Foreign Exchange. See what happens when markets stop being polite, and start being real!

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June 2006

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Alba Trade: 6.23.06

Posted 14:29 23 June 2006 | Comments

Well unfortunately this week ended on a bad note. After the Durable Goods report, there was an Alba breakout and I entered 3 lots short at 2478 with a stop at 2500 and a target at 2466. I was stopped out on all 3 lots at 9:00 am EST. It hasn't been a good 2 weeks for Alba and I'm hoping I can make up some ground next week. I'm kind of anxious because I haven't had a negative month yet with this system so this could be a first. I will stick to the rules and not force any trades next week. Hopefully everything will work out :) Have a great weekend everyone. Cheers! ~Big Pippin

Result: -66 -9(spread)= -75 pips