How many pips does the average retail forex trader make?
[2007-04-30 15:12:35]

Q: I'm maddening to trade forex on my own, with 3 strategies based primarily on technical analysis, supplemented by essential analysis. I've developed these strategies through homework, lots of reading and well-deserved a bunch of research. I bought a

A: It is not tactful to have a monthly pip target. If you fall behind your average it is easy to freak out during the last week of the month and be placed irrational decisions based on greed or fear. The easy way to aim your trading is to set a daily pip

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How many pips should I aim for when learning to trade Forex?
[2007-04-24 00:25:22]

Whats a respectable number of pips to earn on a trade? I've generally been pulling the plug at 15 which is around 10% of my $250 mini account.

What's a innocent pip haul for a single trade? I have the self control to not get greedy, but


I like the blueprint of having a MAP (Minimum Acceptable Profit) objective of 15 pips. You might try a infinitesimal modification of this by trading an even number of lots and sell half the lots when you hit your MAP of 15 pips and let the other half



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Forex: AUD/USD - corrective momentum cools as Chinese trade balance heats up
Technically, "regard for the bullish bias, there can be a short-term layout for a counter-trend trade with the market in overbought precinct according to the Daily RSI. An initial target to the downside if the buy is indeed held below 1.0850 for now, for a correction, would first be the 1.0683 hang. From 1.08, this is about 70 pips risk (giving place market to 1.0870) and a potential reward of about 120 pip the right stuff" says Fan Yang from FXTimes. "If the market does reach 1.0683, is would be back to levels before the RBA, and the emendation can open up toward a 1.06, near a channel foundation. This means the more aggressive potential is 200 pips. On the other indicator, failure to break below 1.0750 should set off emergency from consideration to at least lock in initial minimal gains of 15-20 pips" Mr. Yang adds.

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What is a pip in trading in terms of FOREX, and in Yen pairs how does the measurement is different to Eur/US$?
[2009-05-18 12:30:24]

How is the pip are sober in currencies?


Covenant pips is extremely important as a pip denotes the smallest movement in the price of a currency and it is this gesticulation which determines your profit or loss when closing your trading position.

For most, but not all, currencies

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Is this a good forex trading strategy that could work to make you a millionaire? Please read/advise. Thanks?
[2010-02-21 13:58:55]

Okay, so, currently I'm 18 and I've looked into diverse possibilities of how I could become a millionaire using the forex market as my vehicle. I have discovered that using 1:100 leverage or even 1:50 - 1:25 is a bad theory if you want to be safe about


You're entrancing a falling knife. Just buy some gold and let it set for 5 years. That or short some bonds because interest rates are successful up.

Don't screw around in currencies... you'll lose your ass.

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It's advantage pointing out that currency cross pairs like the GBP/AUD (produce/Aussie) trade 220 pips in a single day, while the GBP/USD trades only 169 pips.

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