12.02.07
November Forex Income
Here I would like to gives some insight about my income which happen comes directly from Forex Trading. For those out there who are already into Forex Trading, the better pair which have a good ranging around 120 pips per day is GBP/JPY currency pair.
I’ve been trading on this currency pair for almost 1 and a half year and found out that I can
generate much income using it. Firstly it is a very fast moving currency pair which is good for short term trading (i.e technical trading @ momentum trading). I only trade manually because it’s good to see the moves and make decision yourself. For me, I only use scalping technique when the market is very dormant.
For your information, the scalping technique is very good for EUR/USD and USD/JPY. But the best time to use scalping is around Asian Market (when dormant or slow market movement) as you can pick up 2 or 3 pips with ease.
So okay for that introduction which I will continue on another time. Back to the main subject.
Here is what I have been getting on November 2007 trading on GBP/JPY currency pair.
Platform : Marketiva & North Finance
Total Income : USD$15,207.88
Total Trading : 228 Position
Total Gain : 178 Position
Total Loss : 50 Position
Highest Gain : USD$800
Highest Loss : USD$552
