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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Forex Trade: 6.19.06

Posted 15:34 19 June 2006 | Comments

2:10 pm EST- 1 Trade Won

Unlike our normal, mundane Mondays, we actually had a winning trade today. Although there were no major economic reports out today, the market moved just enough for us to grab some pips. At 8:50 am EST, there was an Alba breakout and I entered 3 lots short at 2567 with a stop at 2585 and a target at 2558. My target was hit on the next candle and I closed 2 lots and moved my last lot's stop to breakeven. I was stopped out on my 3rd lot at breakeven at 9:30 am EST. So it wasn't a big win but at least we started off the week on a good note. Cheers! ~Big Pippin

Results: +18 +3 (-9 spread)= +12 pips