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! | S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | |
| 7 | 8 | 9 | 10 | 11 | 12 | 13 |
| 14 | 15 | 16 | 17 | 18 | 19 | 20 |
| 21 | 22 | 23 | 24 | 25 | 26 | 27 |
| 28 | 29 | 30 | 31 |
Short at 9370; Stop Loss= 9400; Target= 9340; Target 2= 9300 (Originally posted January 9, 2007)
Result: +30 pips
Short at market (118.50); Stop at 119.70; Target= 117.60 (Originally posted on January 4, 2007)
Result: -110 pips. The narrower trade balance gave the dollar an extra boost against the Yen to push it to our stop level.
Total pips for the day: -80 Pips
