About Pippin Ain't Easy

Pippin Ain't Easy Author

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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January 2007

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Euro and Swissy Trade Review: 01/23/07

Trade Review for January 23, 2007:

Both my Euro and Swissy trade were triggered today.

EUR/USD

Buy at 2975; Stop Loss= 2950; Target= 3000; Target 2= 3030 (Originally posted on January 22, 2007)

Result: +55 pips. There was a clean break of 3000 which led me to believe the pair would hit target 2 at 3030.

USD/CHF

Short at 2440; Stop Loss= 2480; Target= 2400; Target 2= 2380 (Originally posted on January 22, 2007)

Result: +60 pips. The candle that triggered my trade came very close to 2400. I watched it closely and fortunately the next candle made a strong push to 2380 where I took profit at my 2nd target.

Total pips for the day: +115 pips

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"If you are aware of your weaknesses and are constantly learning, your potential is virtually limitless."
Jay Sidhu
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