FXjake's Free Pips

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Old Jan 20, 2009, 3:19am   #1
Joined Oct 2008
FXjake's Free Pips

Hello Fellow Traders:


I have been trading forex for about a decade now, and I have been quite profitable for many years. For instance, last month I didn't have a loser, and I made over 800 pips, trading only a few times (8 trades).

You don't have to trade a lot to make good money, you can have a life too.

Follow along if you want, and see for yourself. Enjoy the ride!


Cheers

FXjake
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Old Jan 20, 2009, 3:22am   #2
Joined Oct 2008
CHFJPY Trade

FX_jake started this thread I will probably take a short on the CHFJPY during the European session.

Right now during the Asian session it is trading around 79.64

Target: 77.60
Stop: 82.05
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Old Jan 20, 2009, 7:29am   #3
Joined Oct 2008
Chfjpy

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Originally Posted by FX_jake View Post
I will probably take a short on the CHFJPY during the European session.

Right now during the Asian session it is trading around 79.64

Target: 77.60
Stop: 82.05
Short from 79.25
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Old Jan 21, 2009, 2:55am   #4
Joined Oct 2008
Chfjpy

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Originally Posted by FX_jake View Post
Short from 79.25
This has come back waaaaay too much, so I am exiting at +35 pips.
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Old Jan 21, 2009, 7:02pm   #5
 
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Originally Posted by FX_jake View Post
This has come back waaaaay too much, so I am exiting at +35 pips.
Nice trade Jake. It droped big time today but hey... 35 pips in the bank !!
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Old Jan 22, 2009, 10:37am   #6
Joined Oct 2008
CHFJPY exit

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Nice trade Jake. It droped big time today but hey... 35 pips in the bank !!
I always get bummed on those trades. They happen, though. It's tough to know when one is going to run hard, or when they are turning around. That time it was just a severe retracement.

Ohh well.
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Old Jan 22, 2009, 10:41am   #7
Joined Oct 2008
Several Trades on Tap

FX_jake started this thread There are several ripe for tonight, as I 'see' it.

The orders are in, I promise to try and be more patient with the second lot

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