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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June 2006

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Forex Trade: 6.01.06

2:35 pm EST- 1 Very Small trade won

After the low ISM numbers, the EUR shot up and at 10:50 we had an Alba breakout. I entered 3 lots long at 2817 with a stop at 2764 and a target at 2844. Unfortunately my target was not hit and by 12 noon I had a small profit and decided that it was best to get out because it seemed like the movement was done for the day. I ended up closing all 3 lots at the close of the 11:50 candle which was at 2821. Although it was just a few pips, I'm still glad I was able to avoid a loss. Hope you all did well. Cheers! ~Big Pippin

Results: +12 -9(spread)= +3 pips

EURUSD-6.01.06.jpg

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"An ounce of action is worth a ton of theory."
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