Week 6 Performance

January 13, 2006 by Trader Rich 

This week didn’t go too well but it could have been worse.  I lost 41 pips and $619.50.  I had 8 winning trades and 6 losing trade but this week I averaged 40 pips per loss and only 25 pips per win.  Overall I lost 4.5% of my capital but remain in the black for the first 6 weeks by almost $3000. 

Check out the graph of my performance at http://www.forexproject.com/My_Forex_Goal/ 

I was able to recoup a bit of my losses with 2 consecutive wins to end the trading week.  Both trades were made using pivot points only with no other indicators.  I’m still working on this trading setup so I can’t say more than this.

I hope everyone had a better week than me.  If not, let’s hope for a better one next week. 

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