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Monthly Pip Count for 2008

  • Total : +4,893

Monthly Pip Count for 2009 TBA

  • Q1: [TBA]
  • Q2: [TBA]
  • Q3: [TBA]
  • Q4: [TBA]

Results will be posted at the end of each respective month.


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Trade Taken on EUR/AUD on 4-HR Chart. +117 Pips.

Posted by Yours Truly in Forex Trades

Very very slow week and month but I managed to enter a trade today after the EUR news occurred and the position is currently up +117 pips.  I will be aiming for the full projection as per the previous swing and stop loss has been set to break even.  The great aspect of this trade is that it has broken out of its previous double top highs with a round number for support.

Here is the trade taken on the 4-Hour chart:

EUR-AUD, Mar 26

Alternatively, one could also enter the position right now as the pull back is occurring nicely on the 4 hour chart back to the support of the flat top triangle.

EUR-AUD, March 26, Part 2

Here it is zoomed into the 1-hour time frame:

EUR-AUD, March 26, Part 3




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+92 Pips Achieved on EUR/USD.

Posted by Yours Truly in Forex Trades

Further to my position opened up last Thursday on the Euro, it enjoyed a momentum filled breakout out of the sideways consolidation pattern and stopping short at the 1.5450 area.  An extra +50 pips could have been achieved but I decided in the end to cut it early as it was moving sideways for a good 2 days within a narrow range and honestly did not want to loose out on the pips I’ve already gained.

EUR-USD, March 11

Anyhow, add an extra +92 pips to the bank for the month.  I have glanced at the charts briefly this afternoon and haven’t seen any decent setups on the 4-hour or Daily charts that I prefer.   Stay tuned, more to come.




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