+770 Pips in January and +240 So Far

Great start for 2011, we finished with +770 pips on Elite Swing signals in January and so far in February we have +240 Pips. January was a short month for us, we started trading from the second week after we took a four week break that started in December. Considering the short month and still in holiday mood, the results are quite pleasing.

In February so far we took only one trade which netted a total of +240 Pips. As NFP is approaching soon we won’t be opening new Elite Swing trades for the rest of the week.

Starting from this week we will take NFP Fridays off. Price action on this day is usually slow as market eagerly awaits the most anticipated news release of all. Staring at screen won’t make it go any faster and hence we will take this day off from now on.

Live Trading Room has been a little slow as we didn’t get chance to enter many trades lately. After this week, once the NFP is over we may see better price action and hence more frequent trades. I’ll soon finish writing CandleTick strategy and it will significantly increase the number of trades we take everyday in Live Trading Room.

As you can probably guess, running Live Trading Room for 10 hours everyday and sending Swing signals every 4 hours is quite draining and it is important for me to take some time off every now and then. Don’t get me wrong, I enjoy doing what I do and Forex is my only passion in life. But sometimes stepping away helps gain a better perspective and energises me to continue on. Hence I booked myself a holiday in August. ThisĀ  particular month is historically slow due to summer in US and it won’t hurt much our overall progress.

Last but not least, I would like to welcome all traders who joined during January special promotion. I hope that you would like our services and continue to be part of FirePips.com after your trial is over. Anyone who is looking to try our services then please refer to this link here.

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