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! Pippin Aint Easy Trade Review- 01/18/07
Trade Review for January 18, 2007:
EUR/USD
Buy at 2970; Stop Loss= 2940; Target= 3000; Target 2= 3030 (Originally posted on January 17, 2007)
Result: -30 pips
GBP/USD
Buy at 9760; Stop Loss= 9720; Target= 9800; Target 2= 9850
Short at 9640; Stop Loss= 9680; Target= 9600; Target 2= 9570
(Originally posted on January 17, 2007)
Result: -40 pips. Once the long trade was triggered, I cancelled out my short order. Unfortunately this trade didn't work out for me today.
Total pips for the day: -70 pips
